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
₽ 237000
per

Your estimated
City
free-cash

Valencia , Spain
₽131771
₽107055
₽110345
₽135231
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
-
-
-
237 000
unemployment
-
-
-
509
income
-
-
-
83 312
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
105 104
Employee
28 978
-
213 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
80 622
-
other
28
-
73
-
total
7 426
-
85 236
-
Employer
28 978
-
213 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
198 783
237 000
-
-
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.

29 817
35 551
-
-
total
29 817
35 551
-
-
Dividends
168 966
201 449
-
-
withholding
37 197
44 667
-
-
total
37 197
44 667
-
-
Income
237 000
237 000
237 000
237 000
Total tax
83 678
80 218
108 394
105 104
After tax
153 322
156 782
128 606
131 896
Living cost
21 551
21 551
21 551
21 551
Free-cash
131 771
135 231
107 055
110 345

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
₽147948
₽128734
₽130554
₽153242
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
-
-
-
237 000
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
-
-
-
46 057
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
85 563
Employee
28 456
-
206 271
-
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
-
45 451
-
total
7 573
-
56 653
-
Employer
28 456
-
206 271
-
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
-
1 651
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 730
-
Corporate
201 373
237 000
-
-
income
42 288
49 770
-
-
total
42 288
49 770
-
-
Dividends
159 085
187 230
-
-
withholding
11 136
13 105
-
-
total
11 136
13 105
-
-
Income
237 000
237 000
237 000
237 000
Total tax
68 169
62 875
87 383
85 563
After tax
168 831
174 125
149 617
151 437
Living cost
20 883
20 883
20 883
20 883
Free-cash
147 948
153 242
128 734
130 554

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
₽188724
₽194236
₽183874
₽192364
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
-
-
-
237 000
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
-
-
-
35 550
health
-
-
-
3 147
total
-
-
-
42 856
Employee
13 600
-
231 632
-
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
-
23 163
-
total
3 330
-
27 126
-
Employer
13 600
-
231 632
-
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
220 732
237 000
-
-
income
22 073
23 700
-
-
total
22 073
23 700
-
-
Dividends
198 659
213 300
-
-
withholding
9 933
10 665
-
-
total
9 933
10 665
-
-
Income
237 000
237 000
237 000
237 000
Total tax
38 005
34 365
32 494
42 856
After tax
198 995
202 635
204 506
194 144
Living cost
10 270
10 270
10 270
10 270
Free-cash
188 724
192 364
194 236
183 874

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
₽97266
₽86819
₽97615
₽92636
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
-
-
-
237 000
income
-
-
-
52 531
other
-
-
-
7 347
health
-
-
-
13 111
social contributions
-
-
-
6 754
pensions
-
-
-
32 829
surtax
-
-
-
-
total
-
-
-
112 572
Employee
33 541
-
178 122
-
pensions
3 792
-
14 585
-
income
1 980
-
44 829
-
social contributions
956
-
5 074
-
surtax
-
-
-
-
total
6 728
-
64 488
-
Employer
33 541
-
178 122
-
health
2 348
-
19 084
-
social contributions
101
-
534
-
pensions
5 510
-
24 161
-
unemployment
1 358
-
7 215
-
other
1 157
-
7 886
-
total
10 474
-
58 880
-
Corporate
192 984
237 000
-
-
income
54 035
66 360
-
-
surtax
-
-
-
-
total
54 035
66 360
-
-
Dividends
138 949
170 640
-
-
social contributions
23 898
29 350
-
-
surtax
-
-
-
-
withholding
17 786
21 841
-
-
total
41 684
51 191
-
-
Income
237 000
237 000
237 000
237 000
Total tax
112 921
117 551
123 368
112 572
After tax
124 079
119 449
113 632
124 428
Living cost
26 813
26 813
26 813
26 813
Free-cash
97 266
92 636
86 819
97 615

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
₽81180
₽118633
₽91127
₽85983
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
-
-
-
237 000
pensions
-
-
-
9 182
income
-
-
-
94 196
health
-
-
-
9 664
total
-
-
-
113 042
Employee
66 925
66 925
222 436
-
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
52 125
-
total
33 274
28 874
70 971
-
Employer
66 925
66 925
222 436
-
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
159 176
158 355
-
-
income
31 836
31 671
-
-
total
31 836
31 671
-
-
Dividends
127 341
126 685
-
-
income
27 060
26 920
-
-
withholding
19 100
19 002
-
-
total
46 160
45 922
-
-
Income
237 000
237 000
237 000
237 000
Total tax
122 989
118 186
85 536
113 042
After tax
114 011
118 814
151 464
123 958
Living cost
32 831
32 831
32 831
32 831
Free-cash
81 180
85 983
118 633
91 127

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
₽104305
₽119043
₽87454
₽95632
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.

-
-
-
237 000
trade
-
-
-
31 589
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.

-
-
-
84 232
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.

-
-
-
4 633
total
-
-
-
125 808
Employee

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

29 975
-
237 000
-
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
-
84 232
-
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
-
4 633
-
total
6 237
-
94 219
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
207 025
237 000
-
-
income
31 053
35 551
-
-
trade
32 606
37 328
-
-
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.

1 707
1 956
-
-
chamber of commerce
416
460
-
-
total
65 782
75 295
-
-
Dividends
141 242
161 706
-
-
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.

1 926
2 207
-
-
withholding
35 012
40 128
-
-
total
36 938
42 335
-
-
Income
237 000
237 000
237 000
237 000
Total tax
108 957
117 630
94 219
125 808
After tax
128 043
119 370
142 781
111 192
Living cost
23 738
23 738
23 738
23 738
Free-cash
104 305
95 632
119 043
87 454

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
₽150162
₽137074
₽138890
₽154425
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
-
-
-
237 000
income
-
-
-
61 241
health
-
-
-
6 044
social contributions
-
-
-
12 680
total
-
-
-
79 965
Employee
60 263
60 263
226 072
-
health
467
1 025
3 843
-
income
6 562
5 579
60 264
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
70 853
-
Employer
60 263
60 263
226 072
-
health
507
1 115
4 182
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 928
-
Corporate
206 762
170 620
-
-
income
25 845
21 327
-
-
total
25 845
21 327
-
-
Dividends
180 917
149 293
-
-
withholding
30 756
25 380
-
-
total
30 756
25 380
-
-
Income
237 000
237 000
237 000
237 000
Total tax
68 693
64 430
81 781
79 965
After tax
168 307
172 570
155 219
157 035
Living cost
18 145
18 145
18 145
18 145
Free-cash
150 162
154 425
137 074
138 890

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
₽109435
₽75221
₽95992
₽110223
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.

-
-
-
237 000
income
-
-
-
34 069
social contributions

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

-
-
-
82 357
surtax
-
-
-
-
total
-
-
-
116 426
Employee
36 044
-
191 515
-
income
7 497
-
69 359
-
social contributions
3 965
-
21 067
-
surtax
-
-
1 286
-
total
11 462
-
91 712
-
Employer
36 044
-
191 515
-
social contributions
8 560
-
45 485
-
total
8 560
-
45 485
-
Corporate
192 395
237 000
-
-
income
40 404
49 770
-
-
surtax
-
-
-
-
total
40 404
49 770
-
-
Dividends
151 992
187 230
-
-
withholding
42 557
52 425
-
-
total
42 557
52 425
-
-
Income
237 000
237 000
237 000
237 000
Total tax
102 983
102 195
137 197
116 426
After tax
134 017
134 805
99 803
120 574
Living cost
24 582
24 582
24 582
24 582
Free-cash
109 435
110 223
75 221
95 992

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
₽217938
₽183526
₽228280
₽219076
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%.

-
-
-
237 000
microenterprise

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

-
-
-
2 646
total
-
-
-
2 646
Employee
7 592
-
237 000
-
income
1 518
-
47 400
-
total
1 518
-
47 400
-
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%.

229 408
237 000
-
-
total
-
-
-
-
Dividends
229 408
237 000
-
-
withholding
11 470
11 850
-
-
total
11 470
11 850
-
-
Income
237 000
237 000
237 000
237 000
Total tax
12 988
11 850
47 400
2 646
After tax
224 012
225 150
189 600
234 354
Living cost
6 074
6 074
6 074
6 074
Free-cash
217 938
219 076
183 526
228 280

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
₽135598
₽77459
₽82606
₽142153
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.

-
-
-
237 000
pensions
-
-
-
43 283
unemployment
-
-
-
355
income
-
-
-
66 414
health
-
-
-
23 321
total
-
-
-
133 373
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
-
205 071
-
health
2 238
-
13 248
-
unemployment
49
-
287
-
pensions
5 372
-
31 787
-
income
5 976
-
61 269
-
total
13 635
-
106 591
-
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
-
205 071
-
health
2 308
-
13 657
-
pensions
3 067
-
18 149
-
unemployment
21
-
123
-
total
5 396
-
31 929
-
Corporate
196 949
237 000
-
-
income
37 420
45 030
-
-
total
37 420
45 030
-
-
Dividends
159 528
191 970
-
-
withholding
23 930
28 796
-
-
total
23 930
28 796
-
-
Income
237 000
237 000
237 000
237 000
Total tax
80 381
73 826
138 520
133 373
After tax
156 619
163 174
98 480
103 627
Living cost
21 021
21 021
21 021
21 021
Free-cash
135 598
142 153
77 459
82 606

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
₽124200
₽134025
₽168045
₽121461
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.

-
-
-
237 000
income
-
-
-
35 551
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
-
-
-
40 506
Employee
35 952
-
233 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
67 316
-
total
7 503
-
70 921
-
Employer
35 952
-
233 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
197 446
237 000
-
-
income
69 106
82 950
-
-
total
69 106
82 950
-
-
Dividends
128 341
154 050
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
237 000
237 000
237 000
237 000
Total tax
84 351
87 090
74 526
40 506
After tax
152 649
149 910
162 474
196 494
Living cost
28 449
28 449
28 449
28 449
Free-cash
124 200
121 461
134 025
168 045

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
₽128380
₽69274
₽135583
₽127973
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
-
-
-
237 000
income
-
-
-
35 551
health
-
-
-
16 542
social contributions
-
-
-
32 706
total
-
-
-
84 799
Employee
26 572
-
237 000
-
health
1 855
-
16 542
-
income
4 432
-
101 860
-
social contributions
3 668
-
32 706
-
total
9 955
-
151 108
-
Employer
26 572
-
237 000
-
total
-
-
-
-
Corporate
210 428
237 000
-
-
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%.

10 521
11 850
-
-
total
10 521
11 850
-
-
Dividends
199 907
225 150
-
-
social contributions
27 587
31 071
-
-
withholding
29 986
33 772
-
-
health
13 953
15 716
-
-
total
71 526
80 559
-
-
Income
237 000
237 000
237 000
237 000
Total tax
92 002
92 409
151 108
84 799
After tax
144 998
144 591
85 892
152 201
Living cost
16 618
16 618
16 618
16 618
Free-cash
128 380
127 973
69 274
135 583

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
₽133413
₽112881
₽124127
₽141238
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
-
-
-
237 000
income
-
-
-
26 908
health
-
-
-
31 995
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
6 416
total
-
-
-
90 936
Employee
32 261
-
197 310
-
health
4 355
-
26 637
-
solidarity contribution
-
-
5 407
-
income
3 871
-
24 746
-
social contributions
2 097
-
5 702
-
total
10 323
-
62 492
-
Employer
32 261
-
197 310
-
health
2 903
-
17 758
-
social contributions
8 065
-
21 932
-
total
10 968
-
39 690
-
Corporate
193 771
237 000
-
-
income
36 816
45 030
-
-
total
36 816
45 030
-
-
Dividends
156 954
191 970
-
-
withholding
23 543
28 795
-
-
total
23 543
28 795
-
-
Income
237 000
237 000
237 000
237 000
Total tax
81 650
73 825
102 182
90 936
After tax
155 350
163 175
134 818
146 064
Living cost
21 937
21 937
21 937
21 937
Free-cash
133 413
141 238
112 881
124 127

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
₽213911
₽180135
₽224889
₽215685
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%.

-
-
-
237 000
microenterprise

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

-
-
-
2 646
total
-
-
-
2 646
Employee
11 832
-
237 000
-
income
2 366
-
47 400
-
total
2 366
-
47 400
-
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%.

225 168
237 000
-
-
total
-
-
-
-
Dividends
225 168
237 000
-
-
withholding
11 258
11 850
-
-
total
11 258
11 850
-
-
Income
237 000
237 000
237 000
237 000
Total tax
13 624
11 850
47 400
2 646
After tax
223 376
225 150
189 600
234 354
Living cost
9 465
9 465
9 465
9 465
Free-cash
213 911
215 685
180 135
224 889

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
₽86984
₽75780
₽86576
₽81597
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
-
-
-
237 000
income
-
-
-
52 531
other
-
-
-
7 347
health
-
-
-
13 111
social contributions
-
-
-
6 754
pensions
-
-
-
32 829
surtax
-
-
-
-
total
-
-
-
112 572
Employee
49 085
-
178 122
-
pensions
5 552
-
14 585
-
income
4 283
-
44 829
-
social contributions
1 398
-
5 074
-
surtax
-
-
-
-
total
11 233
-
64 488
-
Employer
49 085
-
178 122
-
health
3 435
-
19 084
-
social contributions
147
-
534
-
pensions
8 065
-
24 161
-
unemployment
1 988
-
7 215
-
other
1 694
-
7 886
-
total
15 329
-
58 880
-
Corporate
172 585
237 000
-
-
income
48 323
66 360
-
-
surtax
-
-
-
-
total
48 323
66 360
-
-
Dividends
124 262
170 640
-
-
social contributions
21 373
29 350
-
-
surtax
-
-
-
-
withholding
15 906
21 841
-
-
total
37 279
51 191
-
-
Income
237 000
237 000
237 000
237 000
Total tax
112 164
117 551
123 368
112 572
After tax
124 836
119 449
113 632
124 428
Living cost
37 852
37 852
37 852
37 852
Free-cash
86 984
81 597
75 780
86 576

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
₽153875
₽145675
₽145675
₽157721
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.

-
-
-
237 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
55 986
health
-
-
-
5 948
total
-
-
-
77 813
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
-
226 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
55 986
-
total
6 864
-
67 477
-
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
-
226 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
212 977
237 000
-
-
income
31 947
35 550
-
-
total
31 947
35 550
-
-
Dividends
181 031
201 450
-
-
withholding
27 155
30 217
-
-
total
27 155
30 217
-
-
Income
237 000
237 000
237 000
237 000
Total tax
69 613
65 767
77 813
77 813
After tax
167 387
171 233
159 187
159 187
Living cost
13 512
13 512
13 512
13 512
Free-cash
153 875
157 721
145 675
145 675

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
₽77887
₽121202
₽127777
₽55085
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
-
-
-
237 000
pensions
-
-
-
21 804
city
-
-
-
2 506
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
-
-
-
534
regional
-
-
-
16 138
national
-
-
-
10 895
total
-
-
-
55 934
Employee
62 361
-
214 588
-
health
141
-
483
-
unemployment
-
-
1 073
-
city
669
-
2 335
-
pensions
5 239
-
14 568
-
regional
2 042
-
14 556
-
national
295
-
9 313
-
total
8 386
-
42 328
-
Employer
62 361
-
214 588
-
health
141
-
483
-
pensions
5 239
-
14 568
-
unemployment
-
-
1 073
-
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
-
4 057
-
total
6 627
-
20 181
-
Corporate
167 326
237 000
-
-
regional
35 389
50 126
-
-
national
14 223
20 145
-
-
total
49 612
70 271
-
-
Dividends
117 714
166 729
-
-
withholding
41 199
58 355
-
-
total
41 199
58 355
-
-
Income
237 000
237 000
237 000
237 000
Total tax
105 824
128 626
62 509
55 934
After tax
131 176
108 374
174 491
181 066
Living cost
53 289
53 289
53 289
53 289
Free-cash
77 887
55 085
121 202
127 777

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
₽114694
₽81250
₽108395
₽109371
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

-
-
-
237 000
municipal
-
-
-
42 062
health
-
-
-
3 322
national
-
-
-
53 132
total
-
-
-
98 516
Employee
41 232
-
199 378
-
health
308
-
2 744
-
unemployment
619
-
2 991
-
pensions
2 783
-
13 458
-
national
681
-
36 415
-
municipal
6 754
-
32 433
-
total
11 145
-
88 041
-
Employer
41 232
-
199 378
-
health
317
-
1 535
-
pensions
7 154
-
34 591
-
accident
42
-
199
-
unemployment
268
-
1 295
-
total
7 781
-
37 620
-
Corporate
187 988
237 000
-
-
income
37 597
47 399
-
-
total
37 597
47 399
-
-
Dividends

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

112 793
142 200
-
-
municipal
20 302
25 597
-
-
national
15 392
24 544
-
-
total
35 694
50 141
-
-
Income
237 000
237 000
237 000
237 000
Total tax
92 217
97 540
125 661
98 516
After tax
144 783
139 460
111 339
138 484
Living cost
30 089
30 089
30 089
30 089
Free-cash
114 694
109 371
81 250
108 395

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
₽90992
₽49342
₽74815
₽98096
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
-
-
-
237 000
communal

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

-
-
-
13 047
social contributions
-
-
-
19 539
national
-
-
-
101 024
total
-
-
-
133 610
Employee

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

56 059
-
183 565
-
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
-
8 627
-
communal

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

2 924
-
9 575
-
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
-
1 597
-
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
-
13 767
-
national
17 235
-
72 082
-
total
27 485
-
105 648
-
Employer

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

56 059
-
183 565
-
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
-
11 290
-
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
-
16 264
-
surtax
6 356
-
20 815
-
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
-
2 386
-
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
-
2 680
-
total
16 317
-
53 435
-
Corporate
164 623
237 000
-
-
income
34 355
55 344
-
-
surtax
687
1 106
-
-
total
35 042
56 450
-
-
Dividends
129 581
180 549
-
-
withholding

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

38 589
53 879
-
-
total
38 589
53 879
-
-
Income
237 000
237 000
237 000
237 000
Total tax
117 433
110 329
159 083
133 610
After tax
119 567
126 671
77 917
103 390
Living cost
28 575
28 575
28 575
28 575
Free-cash
90 992
98 096
49 342
74 815

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
₽94626
₽81504
₽82327
₽95390
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
-
-
-
237 000
unemployment
-
-
-
75
municipal
-
-
-
64 234
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
34 831
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
120 660
Employee
48 465
-
213 578
-
national
-
-
34 374
-
municipal
14 452
-
63 689
-
total
14 452
-
98 063
-
Employer
48 465
-
213 578
-
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
173 308
237 000
-
-
income
38 128
52 140
-
-
total
38 128
52 140
-
-
Dividends
135 180
184 860
-
-
withholding
40 554
55 458
-
-
total
40 554
55 458
-
-
Income
237 000
237 000
237 000
237 000
Total tax
108 362
107 598
121 484
120 660
After tax
128 638
129 402
115 516
116 340
Living cost
34 012
34 012
34 012
34 012
Free-cash
94 626
95 390
81 504
82 327

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
₽64558
₽187574
₽125909
₽106314
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
-
-
-
237 000
income
-
-
-
46 196
social contributions
-
-
-
27 018
total
-
-
-
73 214
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
106 112
237 000
-
-
income
23 345
52 140
-
-
total
23 345
52 140
-
-
Dividends
82 768
184 860
-
-
income
18 209
40 669
-
-
total
18 209
40 669
-
-
Income
237 000
237 000
237 000
237 000
Total tax
134 565
92 809
11 549
73 214
After tax
102 435
144 191
225 451
163 786
Living cost
37 877
37 877
37 877
37 877
Free-cash
64 558
106 314
187 574
125 909

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
₽143903
₽129800
₽131616
₽147151
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
-
-
-
237 000
income
-
-
-
61 241
health
-
-
-
6 044
social contributions
-
-
-
12 680
total
-
-
-
79 965
Employee
60 263
60 263
226 072
-
health
599
1 025
3 843
-
income
6 328
5 579
60 264
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
70 853
-
Employer
60 263
60 263
226 072
-
health
653
1 115
4 182
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 928
-
Corporate
198 143
170 620
-
-
income
24 768
21 327
-
-
total
24 768
21 327
-
-
Dividends
173 375
149 293
-
-
withholding
29 474
25 380
-
-
total
29 474
25 380
-
-
Income
237 000
237 000
237 000
237 000
Total tax
67 678
64 430
81 781
79 965
After tax
169 322
172 570
155 219
157 035
Living cost
25 419
25 419
25 419
25 419
Free-cash
143 903
147 151
129 800
131 616

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
₽120317
₽100367
₽121243
₽115832
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
-
-
-
237 000
income
-
-
-
78 734
pensions
-
-
-
8 887
total
-
-
-
87 621
Employee
38 621
-
206 075
-
health
504
-
2 584
-
pensions
2 948
-
10 173
-
income
7 033
-
64 815
-
total
10 485
-
77 572
-
Employer
38 621
-
206 075
-
health
734
-
3 915
-
pensions
3 902
-
27 010
-
total
4 636
-
30 925
-
Corporate
193 743
237 000
-
-
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.

36 811
45 030
-
-
total
36 811
45 030
-
-
Dividends
156 933
191 970
-
-
withholding
36 615
48 002
-
-
total
36 615
48 002
-
-
Income
237 000
237 000
237 000
237 000
Total tax
88 547
93 032
108 497
87 621
After tax
148 453
143 968
128 503
149 379
Living cost
28 136
28 136
28 136
28 136
Free-cash
120 317
115 832
100 367
121 243

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
₽90050
₽77128
₽83565
₽93614
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
-
-
-
237 000
municipal
-
-
-
1 780
regional
-
-
-
6 324
social contributions
-
-
-
39 224
national
-
-
-
74 886
total
-
-
-
122 214
Employee
66 040
-
237 000
-
social contributions
22 268
-
51 424
-
regional
997
-
5 918
-
national
11 160
-
69 639
-
municipal
394
-
1 670
-
total
34 819
-
128 651
-
Employer
66 040
-
237 000
-
total
-
-
-
-
Corporate
170 960
237 000
-
-
nationa
41 030
56 881
-
-
municipal
8 241
11 423
-
-
total
49 271
68 304
-
-
Dividends
121 690
168 696
-
-
withholding
31 639
43 861
-
-
total
31 639
43 861
-
-
Income
237 000
237 000
237 000
237 000
Total tax
115 729
112 165
128 651
122 214
After tax
121 271
124 835
108 349
114 786
Living cost
31 221
31 221
31 221
31 221
Free-cash
90 050
93 614
77 128
83 565

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
₽16628
₽115615
₽144906
₽2460
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
-
-
-
237 000
pensions
-
-
-
3 165
income
-
-
-
70 059
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
75 357
Employee
26 328
-
219 572
-
health
3 015
-
25 141
-
pensions
2 965
-
5 804
-
income
3 612
-
56 275
-
total
9 592
-
87 220
-
Employer
26 328
-
219 572
-
pensions
4 281
-
8 381
-
accident
440
-
3 667
-
unemployment
645
-
5 380
-
total
5 366
-
17 428
-
Corporate
205 307
237 000
-
-
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.

184 776
213 300
-
-
total
184 776
213 300
-
-
Dividends
20 531
23 700
-
-
withholding
3 901
4 503
-
-
total
3 901
4 503
-
-
Income
237 000
237 000
237 000
237 000
Total tax
203 635
217 803
104 648
75 357
After tax
33 365
19 197
132 352
161 643
Living cost
16 737
16 737
16 737
16 737
Free-cash
16 628
2 460
115 615
144 906

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
₽101806
₽112524
₽83743
₽91549
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.

-
-
-
237 000
trade
-
-
-
28 781
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.

-
-
-
84 232
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.

-
-
-
4 633
total
-
-
-
123 000
Employee

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

38 994
-
237 000
-
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
-
84 232
-
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
-
4 633
-
total
8 737
-
94 219
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 006
237 000
-
-
income
29 701
35 551
-
-
trade
28 414
34 010
-
-
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.

1 633
1 956
-
-
chamber of commerce
409
467
-
-
total
60 157
71 984
-
-
Dividends
137 849
165 017
-
-
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.

1 878
2 253
-
-
withholding
34 165
40 957
-
-
total
36 043
43 210
-
-
Income
237 000
237 000
237 000
237 000
Total tax
104 937
115 194
94 219
123 000
After tax
132 063
121 806
142 781
114 000
Living cost
30 257
30 257
30 257
30 257
Free-cash
101 806
91 549
112 524
83 743

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
₽166868
₽89930
₽73983
₽173297
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.

-
-
-
237 000
income
-
-
-
56 251
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
-
-
-
60 435
total
-
-
-
146 713
Employee
22 900
-
193 243
-
income
4 076
-
48 714
-
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
-
-
28 021
-
total
6 595
-
87 009
-
Employer
22 900
-
193 243
-
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
-
-
21 257
-
total
5 516
-
43 757
-
Corporate
208 584
237 000
-
-
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%.

41 717
47 399
-
-
total
41 717
47 399
-
-
Dividends

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

166 867
189 601
-
-
total
-
-
-
-
Income
237 000
237 000
237 000
237 000
Total tax
53 828
47 399
130 766
146 713
After tax
183 172
189 601
106 234
90 287
Living cost
16 304
16 304
16 304
16 304
Free-cash
166 868
173 297
89 930
73 983

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
₽136544
₽137892
₽138586
₽138145
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
-
-
-
237 000
income
-
-
-
76 412
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
88 671
Employee
14 840
-
229 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
76 039
-
total
5 097
-
81 369
-
Employer
14 840
-
229 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
218 821
237 000
-
-
income
48 141
52 140
-
-
total
48 141
52 140
-
-
Dividends
170 681
184 860
-
-
withholding
34 136
36 972
-
-
total
34 136
36 972
-
-
Income
237 000
237 000
237 000
237 000
Total tax
90 713
89 112
89 365
88 671
After tax
146 287
147 888
147 635
148 329
Living cost
9 743
9 743
9 743
9 743
Free-cash
136 544
138 145
137 892
138 586

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
₽128976
₽88449
₽93242
₽131469
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
-
-
-
237 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
82 809
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
14 823
total
-
-
-
126 155
Employee
26 392
-
214 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
78 121
-
other
-
-
-
-
surtax
94
-
13 886
-
total
8 791
-
108 931
-
Employer
26 392
-
214 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
205 051
237 000
-
-
income
53 313
61 620
-
-
total
53 313
61 620
-
-
Dividends
151 739
175 380
-
-
withholding
22 761
26 308
-
-
total
22 761
26 308
-
-
Income
237 000
237 000
237 000
237 000
Total tax
90 421
87 928
130 948
126 155
After tax
146 579
149 072
106 052
110 845
Living cost
17 603
17 603
17 603
17 603
Free-cash
128 976
131 469
88 449
93 242

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
₽104880
₽35488
₽95577
₽105267
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
-
-
-
237 000
pensions
-
-
-
16 938