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
₽ 238000
per

Your estimated
City
free-cash

Valencia , Spain
₽132425
₽107606
₽110896
₽135886
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
-
-
-
238 000
unemployment
-
-
-
509
income
-
-
-
83 761
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
105 553
Employee
28 978
-
214 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
81 071
-
other
28
-
73
-
total
7 426
-
85 685
-
Employer
28 978
-
214 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
199 783
238 000
-
-
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.

29 968
35 699
-
-
total
29 968
35 699
-
-
Dividends
169 815
202 301
-
-
withholding
37 392
44 864
-
-
total
37 392
44 864
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 024
80 563
108 843
105 553
After tax
153 976
157 437
129 157
132 447
Living cost
21 551
21 551
21 551
21 551
Free-cash
132 425
135 886
107 606
110 896

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
₽148682
₽129478
₽131305
₽153975
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
-
-
-
238 000
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
-
-
-
46 306
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
85 812
Employee
28 456
-
207 263
-
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
-
45 700
-
total
7 573
-
56 902
-
Employer
28 456
-
207 263
-
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
-
1 658
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 737
-
Corporate
202 373
238 000
-
-
income
42 499
49 980
-
-
total
42 499
49 980
-
-
Dividends
159 874
188 020
-
-
withholding
11 191
13 162
-
-
total
11 191
13 162
-
-
Income
238 000
238 000
238 000
238 000
Total tax
68 435
63 142
87 639
85 812
After tax
169 565
174 858
150 361
152 188
Living cost
20 883
20 883
20 883
20 883
Free-cash
148 682
153 975
129 478
131 305

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
₽189580
₽195136
₽184724
₽193220
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
-
-
-
238 000
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
-
-
-
35 700
health
-
-
-
3 147
total
-
-
-
43 006
Employee
13 600
-
232 632
-
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
-
23 263
-
total
3 330
-
27 226
-
Employer
13 600
-
232 632
-
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
221 732
238 000
-
-
income
22 173
23 800
-
-
total
22 173
23 800
-
-
Dividends
199 559
214 200
-
-
withholding
9 978
10 710
-
-
total
9 978
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
38 150
34 510
32 594
43 006
After tax
199 850
203 490
205 406
194 994
Living cost
10 270
10 270
10 270
10 270
Free-cash
189 580
193 220
195 136
184 724

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
₽97769
₽87187
₽98079
₽93139
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
-
-
-
238 000
income
-
-
-
52 856
other
-
-
-
7 378
health
-
-
-
13 183
social contributions
-
-
-
6 780
pensions
-
-
-
32 911
surtax
-
-
-
-
total
-
-
-
113 108
Employee
33 541
-
178 841
-
pensions
3 792
-
14 657
-
income
1 980
-
45 086
-
social contributions
956
-
5 097
-
surtax
-
-
-
-
total
6 728
-
64 840
-
Employer
33 541
-
178 841
-
health
2 348
-
19 177
-
social contributions
101
-
537
-
pensions
5 510
-
24 280
-
unemployment
1 358
-
7 243
-
other
1 157
-
7 923
-
total
10 474
-
59 160
-
Corporate
193 984
238 000
-
-
income
54 315
66 640
-
-
surtax
-
-
-
-
total
54 315
66 640
-
-
Dividends
139 669
171 360
-
-
social contributions
24 023
29 474
-
-
surtax
-
-
-
-
withholding
17 878
21 934
-
-
total
41 901
51 408
-
-
Income
238 000
238 000
238 000
238 000
Total tax
113 418
118 048
124 000
113 108
After tax
124 582
119 952
114 000
124 892
Living cost
26 813
26 813
26 813
26 813
Free-cash
97 769
93 139
87 187
98 079

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
₽81690
₽119270
₽91609
₽86492
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
-
-
-
238 000
pensions
-
-
-
9 182
income
-
-
-
94 714
health
-
-
-
9 664
total
-
-
-
113 560
Employee
66 925
66 925
223 436
-
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
52 488
-
total
33 274
28 874
71 334
-
Employer
66 925
66 925
223 436
-
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
160 176
159 355
-
-
income
32 035
31 871
-
-
total
32 035
31 871
-
-
Dividends
128 141
127 484
-
-
income
27 230
27 090
-
-
withholding
19 221
19 123
-
-
total
46 451
46 213
-
-
Income
238 000
238 000
238 000
238 000
Total tax
123 479
118 677
85 899
113 560
After tax
114 521
119 323
152 101
124 440
Living cost
32 831
32 831
32 831
32 831
Free-cash
81 690
86 492
119 270
91 609

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
₽104805
₽119599
₽87853
₽96138
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.

-
-
-
238 000
trade
-
-
-
31 746
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.

-
-
-
84 652
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.

-
-
-
4 657
total
-
-
-
126 409
Employee

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

29 975
-
238 000
-
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
-
84 652
-
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
-
4 657
-
total
6 237
-
94 663
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 025
238 000
-
-
income
31 204
35 699
-
-
trade
32 764
37 486
-
-
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.

1 716
1 963
-
-
chamber of commerce
418
461
-
-
total
66 102
75 609
-
-
Dividends
141 923
162 391
-
-
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.

1 935
2 216
-
-
withholding
35 183
40 299
-
-
total
37 118
42 515
-
-
Income
238 000
238 000
238 000
238 000
Total tax
109 457
118 124
94 663
126 409
After tax
128 543
119 876
143 337
111 591
Living cost
23 738
23 738
23 738
23 738
Free-cash
104 805
96 138
119 599
87 853

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
₽150888
₽137702
₽139523
₽155152
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
-
-
-
238 000
income
-
-
-
61 583
health
-
-
-
6 069
social contributions
-
-
-
12 680
total
-
-
-
80 332
Employee
60 263
60 263
227 054
-
health
467
1 025
3 859
-
income
6 562
5 579
60 602
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
71 207
-
Employer
60 263
60 263
227 054
-
health
507
1 115
4 200
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 946
-
Corporate
207 762
171 620
-
-
income
25 970
21 452
-
-
total
25 970
21 452
-
-
Dividends
181 792
150 168
-
-
withholding
30 905
25 528
-
-
total
30 905
25 528
-
-
Income
238 000
238 000
238 000
238 000
Total tax
68 967
64 703
82 153
80 332
After tax
169 033
173 297
155 847
157 668
Living cost
18 145
18 145
18 145
18 145
Free-cash
150 888
155 152
137 702
139 523

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
₽110004
₽75577
₽96464
₽110793
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.

-
-
-
238 000
income
-
-
-
34 249
social contributions

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

-
-
-
82 705
surtax
-
-
-
-
total
-
-
-
116 954
Employee
36 044
-
192 323
-
income
7 497
-
69 704
-
social contributions
3 965
-
21 156
-
surtax
-
-
1 304
-
total
11 462
-
92 164
-
Employer
36 044
-
192 323
-
social contributions
8 560
-
45 677
-
total
8 560
-
45 677
-
Corporate
193 395
238 000
-
-
income
40 613
49 980
-
-
surtax
-
-
-
-
total
40 613
49 980
-
-
Dividends
152 782
188 020
-
-
withholding
42 779
52 645
-
-
total
42 779
52 645
-
-
Income
238 000
238 000
238 000
238 000
Total tax
103 414
102 625
137 841
116 954
After tax
134 586
135 375
100 159
121 046
Living cost
24 582
24 582
24 582
24 582
Free-cash
110 004
110 793
75 577
96 464

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
₽218888
₽184326
₽229250
₽220026
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%.

-
-
-
238 000
microenterprise

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

-
-
-
2 676
total
-
-
-
2 676
Employee
7 592
-
238 000
-
income
1 518
-
47 600
-
total
1 518
-
47 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

230 408
238 000
-
-
total
-
-
-
-
Dividends
230 408
238 000
-
-
withholding
11 520
11 900
-
-
total
11 520
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
13 038
11 900
47 600
2 676
After tax
224 962
226 100
190 400
235 324
Living cost
6 074
6 074
6 074
6 074
Free-cash
218 888
220 026
184 326
229 250

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
₽136287
₽77797
₽82965
₽142842
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.

-
-
-
238 000
pensions
-
-
-
43 464
unemployment
-
-
-
357
income
-
-
-
66 774
health
-
-
-
23 419
total
-
-
-
134 014
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
-
205 935
-
health
2 238
-
13 303
-
unemployment
49
-
289
-
pensions
5 372
-
31 920
-
income
5 976
-
61 606
-
total
13 635
-
107 118
-
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
-
205 935
-
health
2 308
-
13 715
-
pensions
3 067
-
18 226
-
unemployment
21
-
123
-
total
5 396
-
32 064
-
Corporate
197 949
238 000
-
-
income
37 611
45 221
-
-
total
37 611
45 221
-
-
Dividends
160 338
192 779
-
-
withholding
24 050
28 916
-
-
total
24 050
28 916
-
-
Income
238 000
238 000
238 000
238 000
Total tax
80 692
74 137
139 182
134 014
After tax
157 308
163 863
98 818
103 986
Living cost
21 021
21 021
21 021
21 021
Free-cash
136 287
142 842
77 797
82 965

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
₽124849
₽134675
₽168897
₽122111
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.

-
-
-
238 000
income
-
-
-
35 699
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
-
-
-
40 654
Employee
35 952
-
234 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
67 666
-
total
7 503
-
71 271
-
Employer
35 952
-
234 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
198 446
238 000
-
-
income
69 457
83 300
-
-
total
69 457
83 300
-
-
Dividends
128 990
154 700
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 702
87 440
74 876
40 654
After tax
153 298
150 560
163 124
197 346
Living cost
28 449
28 449
28 449
28 449
Free-cash
124 849
122 111
134 675
168 897

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
₽128991
₽69596
₽136227
₽128584
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
-
-
-
238 000
income
-
-
-
35 699
health
-
-
-
16 612
social contributions
-
-
-
32 844
total
-
-
-
85 155
Employee
26 572
-
238 000
-
health
1 855
-
16 612
-
income
4 432
-
102 330
-
social contributions
3 668
-
32 844
-
total
9 955
-
151 786
-
Employer
26 572
-
238 000
-
total
-
-
-
-
Corporate
211 428
238 000
-
-
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%.

10 571
11 899
-
-
total
10 571
11 899
-
-
Dividends
200 857
226 101
-
-
social contributions
27 717
31 202
-
-
withholding
30 128
33 915
-
-
health
14 020
15 782
-
-
total
71 865
80 899
-
-
Income
238 000
238 000
238 000
238 000
Total tax
92 391
92 798
151 786
85 155
After tax
145 609
145 202
86 214
152 845
Living cost
16 618
16 618
16 618
16 618
Free-cash
128 991
128 584
69 596
136 227

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
₽134101
₽113501
₽124801
₽141926
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
-
-
-
238 000
income
-
-
-
27 038
health
-
-
-
32 130
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
6 477
total
-
-
-
91 262
Employee
32 261
-
198 227
-
health
4 355
-
26 761
-
solidarity contribution
-
-
5 462
-
income
3 871
-
24 865
-
social contributions
2 097
-
5 702
-
total
10 323
-
62 790
-
Employer
32 261
-
198 227
-
health
2 903
-
17 840
-
social contributions
8 065
-
21 932
-
total
10 968
-
39 772
-
Corporate
194 771
238 000
-
-
income
37 006
45 220
-
-
total
37 006
45 220
-
-
Dividends
157 764
192 780
-
-
withholding
23 665
28 917
-
-
total
23 665
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
81 962
74 137
102 562
91 262
After tax
156 038
163 863
135 438
146 738
Living cost
21 937
21 937
21 937
21 937
Free-cash
134 101
141 926
113 501
124 801

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
₽214861
₽180935
₽225859
₽216635
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%.

-
-
-
238 000
microenterprise

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

-
-
-
2 676
total
-
-
-
2 676
Employee
11 832
-
238 000
-
income
2 366
-
47 600
-
total
2 366
-
47 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

226 168
238 000
-
-
total
-
-
-
-
Dividends
226 168
238 000
-
-
withholding
11 308
11 900
-
-
total
11 308
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
13 674
11 900
47 600
2 676
After tax
224 326
226 100
190 400
235 324
Living cost
9 465
9 465
9 465
9 465
Free-cash
214 861
216 635
180 935
225 859

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
₽87488
₽76148
₽87040
₽82100
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
-
-
-
238 000
income
-
-
-
52 856
other
-
-
-
7 378
health
-
-
-
13 183
social contributions
-
-
-
6 780
pensions
-
-
-
32 911
surtax
-
-
-
-
total
-
-
-
113 108
Employee
49 085
-
178 841
-
pensions
5 552
-
14 657
-
income
4 283
-
45 086
-
social contributions
1 398
-
5 097
-
surtax
-
-
-
-
total
11 233
-
64 840
-
Employer
49 085
-
178 841
-
health
3 435
-
19 177
-
social contributions
147
-
537
-
pensions
8 065
-
24 280
-
unemployment
1 988
-
7 243
-
other
1 694
-
7 923
-
total
15 329
-
59 160
-
Corporate
173 585
238 000
-
-
income
48 604
66 640
-
-
surtax
-
-
-
-
total
48 604
66 640
-
-
Dividends
124 981
171 360
-
-
social contributions
21 496
29 474
-
-
surtax
-
-
-
-
withholding
15 998
21 934
-
-
total
37 494
51 408
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 660
118 048
124 000
113 108
After tax
125 340
119 952
114 000
124 892
Living cost
37 852
37 852
37 852
37 852
Free-cash
87 488
82 100
76 148
87 040

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
₽154598
₽146425
₽146425
₽158443
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.

-
-
-
238 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
56 236
health
-
-
-
5 948
total
-
-
-
78 063
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
-
227 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
56 236
-
total
6 864
-
67 727
-
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
-
227 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
213 977
238 000
-
-
income
32 097
35 700
-
-
total
32 097
35 700
-
-
Dividends
181 881
202 300
-
-
withholding
27 282
30 345
-
-
total
27 282
30 345
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 890
66 045
78 063
78 063
After tax
168 110
171 955
159 937
159 937
Living cost
13 512
13 512
13 512
13 512
Free-cash
154 598
158 443
146 425
146 425

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
₽78343
₽121889
₽128475
₽55541
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
-
-
-
238 000
pensions
-
-
-
21 897
city
-
-
-
2 517
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
-
-
-
535
regional
-
-
-
16 236
national
-
-
-
10 994
total
-
-
-
56 236
Employee
62 361
-
215 538
-
health
141
-
485
-
unemployment
-
-
1 077
-
city
669
-
2 346
-
pensions
5 239
-
14 613
-
regional
2 042
-
14 656
-
national
295
-
9 413
-
total
8 386
-
42 590
-
Employer
62 361
-
215 538
-
health
141
-
485
-
pensions
5 239
-
14 613
-
unemployment
-
-
1 077
-
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
-
20 232
-
Corporate
168 326
238 000
-
-
regional
35 601
50 338
-
-
national
14 308
20 230
-
-
total
49 909
70 568
-
-
Dividends
118 417
167 432
-
-
withholding
41 446
58 602
-
-
total
41 446
58 602
-
-
Income
238 000
238 000
238 000
238 000
Total tax
106 368
129 170
62 822
56 236
After tax
131 632
108 830
175 178
181 764
Living cost
53 289
53 289
53 289
53 289
Free-cash
78 343
55 541
121 889
128 475

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
₽115234
₽81635
₽108895
₽109875
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

-
-
-
238 000
municipal
-
-
-
42 239
health
-
-
-
3 339
national
-
-
-
53 438
total
-
-
-
99 016
Employee
41 232
-
200 218
-
health
308
-
2 756
-
unemployment
619
-
3 003
-
pensions
2 783
-
13 514
-
national
681
-
36 652
-
municipal
6 754
-
32 570
-
total
11 145
-
88 495
-
Employer
41 232
-
200 218
-
health
317
-
1 542
-
pensions
7 154
-
34 737
-
accident
42
-
201
-
unemployment
268
-
1 301
-
total
7 781
-
37 781
-
Corporate
188 988
238 000
-
-
income
37 798
47 600
-
-
total
37 798
47 600
-
-
Dividends

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

113 392
142 800
-
-
municipal
20 411
25 704
-
-
national
15 542
24 732
-
-
total
35 953
50 436
-
-
Income
238 000
238 000
238 000
238 000
Total tax
92 677
98 036
126 276
99 016
After tax
145 323
139 964
111 724
138 984
Living cost
30 089
30 089
30 089
30 089
Free-cash
115 234
109 875
81 635
108 895

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
₽91485
₽49639
₽75253
₽98588
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
-
-
-
238 000
communal

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

-
-
-
13 107
social contributions
-
-
-
19 539
national
-
-
-
101 526
total
-
-
-
134 172
Employee

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

56 059
-
184 338
-
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
-
8 663
-
communal

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

2 924
-
9 615
-
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
-
1 603
-
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
-
13 825
-
national
17 235
-
72 418
-
total
27 485
-
106 124
-
Employer

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

56 059
-
184 338
-
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
-
11 337
-
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
-
16 333
-
surtax
6 356
-
20 904
-
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
-
2 396
-
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
-
2 692
-
total
16 317
-
53 662
-
Corporate
165 623
238 000
-
-
income
34 645
55 634
-
-
surtax
693
1 112
-
-
total
35 338
56 746
-
-
Dividends
130 285
181 253
-
-
withholding

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

38 800
54 091
-
-
total
38 800
54 091
-
-
Income
238 000
238 000
238 000
238 000
Total tax
117 940
110 837
159 786
134 172
After tax
120 060
127 163
78 214
103 828
Living cost
28 575
28 575
28 575
28 575
Free-cash
91 485
98 588
49 639
75 253

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
₽95171
₽81956
₽82780
₽95935
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
-
-
-
238 000
unemployment
-
-
-
75
municipal
-
-
-
64 532
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
35 081
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
121 208
Employee
48 465
-
214 578
-
national
-
-
34 624
-
municipal
14 452
-
63 987
-
total
14 452
-
98 611
-
Employer
48 465
-
214 578
-
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
174 308
238 000
-
-
income
38 348
52 360
-
-
total
38 348
52 360
-
-
Dividends
135 960
185 640
-
-
withholding
40 788
55 692
-
-
total
40 788
55 692
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 816
108 052
122 032
121 208
After tax
129 184
129 948
115 968
116 792
Living cost
34 012
34 012
34 012
34 012
Free-cash
95 171
95 935
81 956
82 780

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
₽65167
₽188574
₽126600
₽106922
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
-
-
-
238 000
income
-
-
-
46 391
social contributions
-
-
-
27 132
total
-
-
-
73 523
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
107 112
238 000
-
-
income
23 565
52 360
-
-
total
23 565
52 360
-
-
Dividends
83 547
185 640
-
-
income
18 380
40 841
-
-
total
18 380
40 841
-
-
Income
238 000
238 000
238 000
238 000
Total tax
134 956
93 201
11 549
73 523
After tax
103 044
144 799
226 451
164 477
Living cost
37 877
37 877
37 877
37 877
Free-cash
65 167
106 922
188 574
126 600

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
₽144629
₽130428
₽132249
₽147878
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
-
-
-
238 000
income
-
-
-
61 583
health
-
-
-
6 069
social contributions
-
-
-
12 680
total
-
-
-
80 332
Employee
60 263
60 263
227 054
-
health
599
1 025
3 859
-
income
6 328
5 579
60 602
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
71 207
-
Employer
60 263
60 263
227 054
-
health
653
1 115
4 200
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 946
-
Corporate
199 143
171 620
-
-
income
24 893
21 452
-
-
total
24 893
21 452
-
-
Dividends
174 250
150 168
-
-
withholding
29 623
25 528
-
-
total
29 623
25 528
-
-
Income
238 000
238 000
238 000
238 000
Total tax
67 952
64 703
82 153
80 332
After tax
170 048
173 297
155 847
157 668
Living cost
25 419
25 419
25 419
25 419
Free-cash
144 629
147 878
130 428
132 249

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
₽120864
₽100870
₽121831
₽116379
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
-
-
-
238 000
income
-
-
-
79 126
pensions
-
-
-
8 907
total
-
-
-
88 033
Employee
38 621
-
206 938
-
health
504
-
2 594
-
pensions
2 948
-
10 190
-
income
7 033
-
65 150
-
total
10 485
-
77 934
-
Employer
38 621
-
206 938
-
health
734
-
3 932
-
pensions
3 902
-
27 128
-
total
4 636
-
31 060
-
Corporate
194 743
238 000
-
-
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.

37 001
45 220
-
-
total
37 001
45 220
-
-
Dividends
157 743
192 780
-
-
withholding
36 878
48 265
-
-
total
36 878
48 265
-
-
Income
238 000
238 000
238 000
238 000
Total tax
89 000
93 485
108 994
88 033
After tax
149 000
144 515
129 006
149 967
Living cost
28 136
28 136
28 136
28 136
Free-cash
120 864
116 379
100 870
121 831

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
₽90577
₽77656
₽84093
₽94142
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
-
-
-
238 000
municipal
-
-
-
1 789
regional
-
-
-
6 357
social contributions
-
-
-
39 224
national
-
-
-
75 316
total
-
-
-
122 686
Employee
66 040
-
238 000
-
social contributions
22 268
-
51 424
-
regional
997
-
5 951
-
national
11 160
-
70 069
-
municipal
394
-
1 679
-
total
34 819
-
129 123
-
Employer
66 040
-
238 000
-
total
-
-
-
-
Corporate
171 960
238 000
-
-
nationa
41 271
57 120
-
-
municipal
8 288
11 471
-
-
total
49 559
68 591
-
-
Dividends
122 401
169 409
-
-
withholding
31 824
44 046
-
-
total
31 824
44 046
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 202
112 637
129 123
122 686
After tax
121 798
125 363
108 877
115 314
Living cost
31 221
31 221
31 221
31 221
Free-cash
90 577
94 142
77 656
84 093

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
₽16709
₽116194
₽145587
₽2541
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
-
-
-
238 000
pensions
-
-
-
3 165
income
-
-
-
70 378
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
75 676
Employee
26 328
-
220 532
-
health
3 015
-
25 251
-
pensions
2 965
-
5 804
-
income
3 612
-
56 547
-
total
9 592
-
87 602
-
Employer
26 328
-
220 532
-
pensions
4 281
-
8 381
-
accident
440
-
3 683
-
unemployment
645
-
5 403
-
total
5 366
-
17 467
-
Corporate
206 307
238 000
-
-
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.

185 676
214 200
-
-
total
185 676
214 200
-
-
Dividends
20 631
23 800
-
-
withholding
3 920
4 522
-
-
total
3 920
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
204 554
218 722
105 069
75 676
After tax
33 446
19 278
132 931
162 324
Living cost
16 737
16 737
16 737
16 737
Free-cash
16 709
2 541
116 194
145 587

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
₽102318
₽113080
₽84156
₽92067
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.

-
-
-
238 000
trade
-
-
-
28 924
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.

-
-
-
84 652
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.

-
-
-
4 657
total
-
-
-
123 587
Employee

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

38 994
-
238 000
-
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
-
84 652
-
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
-
4 657
-
total
8 737
-
94 663
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 006
238 000
-
-
income
29 850
35 699
-
-
trade
28 558
34 153
-
-
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.

1 642
1 963
-
-
chamber of commerce
410
468
-
-
total
60 460
72 283
-
-
Dividends
138 545
165 716
-
-
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.

1 889
2 262
-
-
withholding
34 339
41 131
-
-
total
36 228
43 393
-
-
Income
238 000
238 000
238 000
238 000
Total tax
105 425
115 676
94 663
123 587
After tax
132 575
122 324
143 337
114 413
Living cost
30 257
30 257
30 257
30 257
Free-cash
102 318
92 067
113 080
84 156

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
₽167669
₽90420
₽74415
₽174096
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.

-
-
-
238 000
income
-
-
-
56 565
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
-
-
-
60 689
total
-
-
-
147 281
Employee
22 900
-
194 143
-
income
4 076
-
48 997
-
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
-
-
28 150
-
total
6 595
-
87 421
-
Employer
22 900
-
194 143
-
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
-
-
21 355
-
total
5 516
-
43 855
-
Corporate
209 584
238 000
-
-
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%.

41 916
47 600
-
-
total
41 916
47 600
-
-
Dividends

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

167 668
190 400
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
54 027
47 600
131 276
147 281
After tax
183 973
190 400
106 724
90 719
Living cost
16 304
16 304
16 304
16 304
Free-cash
167 669
174 096
90 420
74 415

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
₽137168
₽138542
₽139236
₽138769
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
-
-
-
238 000
income
-
-
-
76 762
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
89 021
Employee
14 840
-
230 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
76 389
-
total
5 097
-
81 719
-
Employer
14 840
-
230 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
219 821
238 000
-
-
income
48 361
52 360
-
-
total
48 361
52 360
-
-
Dividends
171 461
185 640
-
-
withholding
34 292
37 128
-
-
total
34 292
37 128
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 089
89 488
89 715
89 021
After tax
146 911
148 512
148 285
148 979
Living cost
9 743
9 743
9 743
9 743
Free-cash
137 168
138 769
138 542
139 236

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
₽129605
₽88909
₽93700
₽132098
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
-
-
-
238 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
83 260
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
14 914
total
-
-
-
126 697
Employee
26 392
-
215 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
78 572
-
other
-
-
-
-
surtax
94
-
13 975
-
total
8 791
-
109 471
-
Employer
26 392
-
215 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
206 051
238 000
-
-
income
53 573
61 881
-
-
total
53 573
61 881
-
-
Dividends
152 478
176 119
-
-
withholding
22 872
26 418
-
-
total
22 872
26 418
-
-
Income
238 000
238 000
238 000
238 000
Total tax
90 792
88 299
131 488
126 697
After tax
147 208
149 701
106 512
111 303
Living cost
17 603
17 603
17 603
17 603
Free-cash
129 605
132 098
88 909
93 700

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
₽105423
₽35719
₽96071
₽105812
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
-
-
-
238 000
pensions
-
-
-
16 938