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
₽ 240000
per

Your estimated
City
free-cash

Valencia , Spain
₽133734
₽108706
₽111996
₽137194
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
-
-
-
240 000
unemployment
-
-
-
509
income
-
-
-
84 661
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
106 453
Employee
28 978
-
216 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
81 971
-
other
28
-
73
-
total
7 426
-
86 585
-
Employer
28 978
-
216 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
201 783
240 000
-
-
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.

30 268
36 000
-
-
total
30 268
36 000
-
-
Dividends
171 515
204 000
-
-
withholding
37 783
45 255
-
-
total
37 783
45 255
-
-
Income
240 000
240 000
240 000
240 000
Total tax
84 715
81 255
109 743
106 453
After tax
155 285
158 745
130 257
133 547
Living cost
21 551
21 551
21 551
21 551
Free-cash
133 734
137 194
108 706
111 996

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
₽150153
₽130966
₽132803
₽155444
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
-
-
-
240 000
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
-
-
-
46 808
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
86 314
Employee
28 456
-
209 247
-
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
-
46 195
-
total
7 573
-
57 397
-
Employer
28 456
-
209 247
-
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
-
1 675
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 754
-
Corporate
204 373
240 000
-
-
income
42 918
50 401
-
-
total
42 918
50 401
-
-
Dividends
161 455
189 599
-
-
withholding
11 301
13 272
-
-
total
11 301
13 272
-
-
Income
240 000
240 000
240 000
240 000
Total tax
68 964
63 673
88 151
86 314
After tax
171 036
176 327
151 849
153 686
Living cost
20 883
20 883
20 883
20 883
Free-cash
150 153
155 444
130 966
132 803

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
₽191290
₽196935
₽186424
₽194930
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
-
-
-
240 000
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
-
-
-
36 000
health
-
-
-
3 147
total
-
-
-
43 306
Employee
13 600
-
234 632
-
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
-
23 463
-
total
3 330
-
27 426
-
Employer
13 600
-
234 632
-
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
223 732
240 000
-
-
income
22 373
24 000
-
-
total
22 373
24 000
-
-
Dividends
201 359
216 000
-
-
withholding
10 068
10 800
-
-
total
10 068
10 800
-
-
Income
240 000
240 000
240 000
240 000
Total tax
38 440
34 800
32 794
43 306
After tax
201 560
205 200
207 206
196 694
Living cost
10 270
10 270
10 270
10 270
Free-cash
191 290
194 930
196 935
186 424

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
₽98777
₽87926
₽98996
₽94148
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
-
-
-
240 000
income
-
-
-
53 502
other
-
-
-
7 441
health
-
-
-
13 332
social contributions
-
-
-
6 838
pensions
-
-
-
33 078
surtax
-
-
-
-
total
-
-
-
114 191
Employee
33 541
-
180 280
-
pensions
3 792
-
14 804
-
income
1 980
-
45 602
-
social contributions
956
-
5 135
-
surtax
-
-
-
-
total
6 728
-
65 541
-
Employer
33 541
-
180 280
-
health
2 348
-
19 365
-
social contributions
101
-
541
-
pensions
5 510
-
24 514
-
unemployment
1 358
-
7 301
-
other
1 157
-
7 999
-
total
10 474
-
59 720
-
Corporate
195 984
240 000
-
-
income
54 876
67 200
-
-
surtax
-
-
-
-
total
54 876
67 200
-
-
Dividends
141 108
172 800
-
-
social contributions
24 270
29 721
-
-
surtax
-
-
-
-
withholding
18 062
22 118
-
-
total
42 332
51 839
-
-
Income
240 000
240 000
240 000
240 000
Total tax
114 410
119 039
125 261
114 191
After tax
125 590
120 961
114 739
125 809
Living cost
26 813
26 813
26 813
26 813
Free-cash
98 777
94 148
87 926
98 996

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
₽82709
₽120545
₽92574
₽87513
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
-
-
-
240 000
pensions
-
-
-
9 182
income
-
-
-
95 749
health
-
-
-
9 664
total
-
-
-
114 595
Employee
66 925
66 925
225 436
-
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
53 213
-
total
33 274
28 874
72 059
-
Employer
66 925
66 925
225 436
-
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
162 176
161 355
-
-
income
32 435
32 271
-
-
total
32 435
32 271
-
-
Dividends
129 741
129 084
-
-
income
27 570
27 430
-
-
withholding
19 462
19 362
-
-
total
47 032
46 792
-
-
Income
240 000
240 000
240 000
240 000
Total tax
124 460
119 656
86 624
114 595
After tax
115 540
120 344
153 376
125 405
Living cost
32 831
32 831
32 831
32 831
Free-cash
82 709
87 513
120 545
92 574

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
₽105810
₽120713
₽88651
₽97142
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.

-
-
-
240 000
trade
-
-
-
32 062
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.

-
-
-
85 492
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.

-
-
-
4 703
total
-
-
-
127 611
Employee

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

29 975
-
240 000
-
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
-
85 492
-
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
-
4 703
-
total
6 237
-
95 549
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 025
240 000
-
-
income
31 504
36 000
-
-
trade
33 079
37 799
-
-
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.

1 733
1 980
-
-
chamber of commerce
421
464
-
-
total
66 737
76 243
-
-
Dividends
143 288
163 757
-
-
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.

1 954
2 235
-
-
withholding
35 524
40 642
-
-
total
37 478
42 877
-
-
Income
240 000
240 000
240 000
240 000
Total tax
110 452
119 120
95 549
127 611
After tax
129 548
120 880
144 451
112 389
Living cost
23 738
23 738
23 738
23 738
Free-cash
105 810
97 142
120 713
88 651

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
₽152341
₽138955
₽140789
₽156603
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
-
-
-
240 000
income
-
-
-
62 266
health
-
-
-
6 120
social contributions
-
-
-
12 680
total
-
-
-
81 066
Employee
60 263
60 263
229 017
-
health
467
1 025
3 894
-
income
6 562
5 579
61 277
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
71 917
-
Employer
60 263
60 263
229 017
-
health
507
1 115
4 237
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 983
-
Corporate
209 762
173 620
-
-
income
26 220
21 703
-
-
total
26 220
21 703
-
-
Dividends
183 543
151 917
-
-
withholding
31 202
25 826
-
-
total
31 202
25 826
-
-
Income
240 000
240 000
240 000
240 000
Total tax
69 514
65 252
82 900
81 066
After tax
170 486
174 748
157 100
158 934
Living cost
18 145
18 145
18 145
18 145
Free-cash
152 341
156 603
138 955
140 789

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
₽111141
₽76290
₽97407
₽111929
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.

-
-
-
240 000
income
-
-
-
34 612
social contributions

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

-
-
-
83 399
surtax
-
-
-
-
total
-
-
-
118 011
Employee
36 044
-
193 939
-
income
7 497
-
70 394
-
social contributions
3 965
-
21 333
-
surtax
-
-
1 340
-
total
11 462
-
93 067
-
Employer
36 044
-
193 939
-
social contributions
8 560
-
46 061
-
total
8 560
-
46 061
-
Corporate
195 395
240 000
-
-
income
41 033
50 401
-
-
surtax
-
-
-
-
total
41 033
50 401
-
-
Dividends
154 362
189 599
-
-
withholding
43 222
53 088
-
-
total
43 222
53 088
-
-
Income
240 000
240 000
240 000
240 000
Total tax
104 277
103 489
139 128
118 011
After tax
135 723
136 511
100 872
121 989
Living cost
24 582
24 582
24 582
24 582
Free-cash
111 141
111 929
76 290
97 407

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
₽220788
₽185926
₽231190
₽221926
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%.

-
-
-
240 000
microenterprise

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

-
-
-
2 736
total
-
-
-
2 736
Employee
7 592
-
240 000
-
income
1 518
-
48 000
-
total
1 518
-
48 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

232 408
240 000
-
-
total
-
-
-
-
Dividends
232 408
240 000
-
-
withholding
11 620
12 000
-
-
total
11 620
12 000
-
-
Income
240 000
240 000
240 000
240 000
Total tax
13 138
12 000
48 000
2 736
After tax
226 862
228 000
192 000
237 264
Living cost
6 074
6 074
6 074
6 074
Free-cash
220 788
221 926
185 926
231 190

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
₽137664
₽78471
₽83682
₽144219
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.

-
-
-
240 000
pensions
-
-
-
43 830
unemployment
-
-
-
360
income
-
-
-
67 491
health
-
-
-
23 616
total
-
-
-
135 297
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
-
207 665
-
health
2 238
-
13 416
-
unemployment
49
-
290
-
pensions
5 372
-
32 188
-
income
5 976
-
62 280
-
total
13 635
-
108 174
-
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
-
207 665
-
health
2 308
-
13 831
-
pensions
3 067
-
18 378
-
unemployment
21
-
125
-
total
5 396
-
32 334
-
Corporate
199 949
240 000
-
-
income
37 990
45 600
-
-
total
37 990
45 600
-
-
Dividends
161 959
194 400
-
-
withholding
24 294
29 160
-
-
total
24 294
29 160
-
-
Income
240 000
240 000
240 000
240 000
Total tax
81 315
74 760
140 508
135 297
After tax
158 685
165 240
99 492
104 703
Living cost
21 021
21 021
21 021
21 021
Free-cash
137 664
144 219
78 471
83 682

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
₽126150
₽135975
₽170596
₽123411
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.

-
-
-
240 000
income
-
-
-
36 000
health

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

-
-
-
4 955
total
-
-
-
40 955
Employee
35 952
-
236 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
68 366
-
total
7 503
-
71 971
-
Employer
35 952
-
236 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
200 446
240 000
-
-
income
70 156
84 000
-
-
total
70 156
84 000
-
-
Dividends
130 291
156 000
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
240 000
240 000
240 000
240 000
Total tax
85 401
88 140
75 576
40 955
After tax
154 599
151 860
164 424
199 045
Living cost
28 449
28 449
28 449
28 449
Free-cash
126 150
123 411
135 975
170 596

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
₽130209
₽70239
₽137509
₽129803
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
-
-
-
240 000
income
-
-
-
36 000
health
-
-
-
16 752
social contributions
-
-
-
33 121
total
-
-
-
85 873
Employee
26 572
-
240 000
-
health
1 855
-
16 752
-
income
4 432
-
103 270
-
social contributions
3 668
-
33 121
-
total
9 955
-
153 143
-
Employer
26 572
-
240 000
-
total
-
-
-
-
Corporate
213 428
240 000
-
-
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%.

10 671
12 000
-
-
total
10 671
12 000
-
-
Dividends
202 757
228 000
-
-
social contributions
27 981
31 464
-
-
withholding
30 414
34 200
-
-
health
14 152
15 915
-
-
total
72 547
81 579
-
-
Income
240 000
240 000
240 000
240 000
Total tax
93 173
93 579
153 143
85 873
After tax
146 827
146 421
86 857
154 127
Living cost
16 618
16 618
16 618
16 618
Free-cash
130 209
129 803
70 239
137 509

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
₽135478
₽114738
₽126151
₽143303
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
-
-
-
240 000
income
-
-
-
27 297
health
-
-
-
32 400
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
6 598
total
-
-
-
91 912
Employee
32 261
-
200 062
-
health
4 355
-
27 008
-
solidarity contribution
-
-
5 574
-
income
3 871
-
25 103
-
social contributions
2 097
-
5 702
-
total
10 323
-
63 387
-
Employer
32 261
-
200 062
-
health
2 903
-
18 006
-
social contributions
8 065
-
21 932
-
total
10 968
-
39 938
-
Corporate
196 771
240 000
-
-
income
37 386
45 600
-
-
total
37 386
45 600
-
-
Dividends
159 384
194 400
-
-
withholding
23 908
29 160
-
-
total
23 908
29 160
-
-
Income
240 000
240 000
240 000
240 000
Total tax
82 585
74 760
103 325
91 912
After tax
157 415
165 240
136 675
148 088
Living cost
21 937
21 937
21 937
21 937
Free-cash
135 478
143 303
114 738
126 151

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
₽216761
₽182535
₽227799
₽218535
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%.

-
-
-
240 000
microenterprise

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

-
-
-
2 736
total
-
-
-
2 736
Employee
11 832
-
240 000
-
income
2 366
-
48 000
-
total
2 366
-
48 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

228 168
240 000
-
-
total
-
-
-
-
Dividends
228 168
240 000
-
-
withholding
11 408
12 000
-
-
total
11 408
12 000
-
-
Income
240 000
240 000
240 000
240 000
Total tax
13 774
12 000
48 000
2 736
After tax
226 226
228 000
192 000
237 264
Living cost
9 465
9 465
9 465
9 465
Free-cash
216 761
218 535
182 535
227 799

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
₽88497
₽76887
₽87957
₽83109
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
-
-
-
240 000
income
-
-
-
53 502
other
-
-
-
7 441
health
-
-
-
13 332
social contributions
-
-
-
6 838
pensions
-
-
-
33 078
surtax
-
-
-
-
total
-
-
-
114 191
Employee
49 085
-
180 280
-
pensions
5 552
-
14 804
-
income
4 283
-
45 602
-
social contributions
1 398
-
5 135
-
surtax
-
-
-
-
total
11 233
-
65 541
-
Employer
49 085
-
180 280
-
health
3 435
-
19 365
-
social contributions
147
-
541
-
pensions
8 065
-
24 514
-
unemployment
1 988
-
7 301
-
other
1 694
-
7 999
-
total
15 329
-
59 720
-
Corporate
175 585
240 000
-
-
income
49 163
67 200
-
-
surtax
-
-
-
-
total
49 163
67 200
-
-
Dividends
126 421
172 800
-
-
social contributions
21 743
29 721
-
-
surtax
-
-
-
-
withholding
16 183
22 118
-
-
total
37 926
51 839
-
-
Income
240 000
240 000
240 000
240 000
Total tax
113 651
119 039
125 261
114 191
After tax
126 349
120 961
114 739
125 809
Living cost
37 852
37 852
37 852
37 852
Free-cash
88 497
83 109
76 887
87 957

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
₽156043
₽147925
₽147925
₽159888
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.

-
-
-
240 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
56 736
health
-
-
-
5 948
total
-
-
-
78 563
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
-
229 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
56 736
-
total
6 864
-
68 227
-
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
-
229 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
215 977
240 000
-
-
income
32 397
36 000
-
-
total
32 397
36 000
-
-
Dividends
183 581
204 000
-
-
withholding
27 537
30 600
-
-
total
27 537
30 600
-
-
Income
240 000
240 000
240 000
240 000
Total tax
70 445
66 600
78 563
78 563
After tax
169 555
173 400
161 437
161 437
Living cost
13 512
13 512
13 512
13 512
Free-cash
156 043
159 888
147 925
147 925

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
₽79258
₽123262
₽129864
₽56456
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
-
-
-
240 000
pensions
-
-
-
22 080
city
-
-
-
2 539
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
-
-
-
541
regional
-
-
-
16 436
national
-
-
-
11 194
total
-
-
-
56 847
Employee
62 361
-
217 431
-
health
141
-
489
-
unemployment
-
-
1 087
-
city
669
-
2 368
-
pensions
5 239
-
14 706
-
regional
2 042
-
14 851
-
national
295
-
9 609
-
total
8 386
-
43 110
-
Employer
62 361
-
217 431
-
health
141
-
489
-
pensions
5 239
-
14 706
-
unemployment
-
-
1 087
-
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
-
20 339
-
Corporate
170 326
240 000
-
-
regional
36 024
50 761
-
-
national
14 478
20 400
-
-
total
50 502
71 161
-
-
Dividends
119 824
168 840
-
-
withholding
41 938
59 094
-
-
total
41 938
59 094
-
-
Income
240 000
240 000
240 000
240 000
Total tax
107 453
130 255
63 449
56 847
After tax
132 547
109 745
176 551
183 153
Living cost
53 289
53 289
53 289
53 289
Free-cash
79 258
56 456
123 262
129 864

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
₽116244
₽82405
₽109894
₽110886
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

-
-
-
240 000
municipal
-
-
-
42 594
health
-
-
-
3 369
national
-
-
-
54 054
total
-
-
-
100 017
Employee
41 232
-
201 902
-
health
308
-
2 783
-
unemployment
619
-
3 028
-
pensions
2 783
-
13 629
-
national
681
-
37 126
-
municipal
6 754
-
32 842
-
total
11 145
-
89 408
-
Employer
41 232
-
201 902
-
health
317
-
1 554
-
pensions
7 154
-
35 030
-
accident
42
-
202
-
unemployment
268
-
1 312
-
total
7 781
-
38 098
-
Corporate
190 988
240 000
-
-
income
38 198
48 000
-
-
total
38 198
48 000
-
-
Dividends

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

114 592
144 000
-
-
municipal
20 626
25 919
-
-
national
15 917
25 106
-
-
total
36 543
51 025
-
-
Income
240 000
240 000
240 000
240 000
Total tax
93 667
99 025
127 506
100 017
After tax
146 333
140 975
112 494
139 983
Living cost
30 089
30 089
30 089
30 089
Free-cash
116 244
110 886
82 405
109 894

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
₽92470
₽50232
₽76134
₽99574
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
-
-
-
240 000
communal

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

-
-
-
13 227
social contributions
-
-
-
19 539
national
-
-
-
102 525
total
-
-
-
135 291
Employee

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

56 059
-
185 887
-
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
-
8 736
-
communal

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

2 924
-
9 695
-
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
-
1 617
-
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
-
13 941
-
national
17 235
-
73 091
-
total
27 485
-
107 080
-
Employer

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

56 059
-
185 887
-
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
-
11 432
-
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
-
16 470
-
surtax
6 356
-
21 080
-
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
-
2 417
-
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
-
2 714
-
total
16 317
-
54 113
-
Corporate
167 623
240 000
-
-
income
35 225
56 214
-
-
surtax
705
1 124
-
-
total
35 930
57 338
-
-
Dividends
131 693
182 661
-
-
withholding

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

39 223
54 513
-
-
total
39 223
54 513
-
-
Income
240 000
240 000
240 000
240 000
Total tax
118 955
111 851
161 193
135 291
After tax
121 045
128 149
78 807
104 709
Living cost
28 575
28 575
28 575
28 575
Free-cash
92 470
99 574
50 232
76 134

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
₽96294
₽82880
₽83703
₽97056
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
-
-
-
240 000
unemployment
-
-
-
75
municipal
-
-
-
65 134
other
-
-
-
8 655
health
-
-
-
4 648
national
-
-
-
35 601
accident
-
-
-
149
pensions
-
-
-
8 051
total
-
-
-
122 313
Employee
48 425
-
216 598
-
national
-
-
35 145
-
municipal
14 440
-
64 589
-
total
14 440
-
99 734
-
Employer
48 425
-
216 598
-
health
2 978
-
4 581
-
pensions
5 235
-
8 051
-
accident
97
-
149
-
unemployment
1 278
-
1 966
-
other
5 627
-
8 655
-
total
15 215
-
23 402
-
Corporate
176 361
240 000
-
-
income
38 799
52 800
-
-
total
38 799
52 800
-
-
Dividends
137 561
187 200
-
-
withholding
41 268
56 160
-
-
total
41 268
56 160
-
-
Income
240 000
240 000
240 000
240 000
Total tax
109 722
108 960
123 136
122 313
After tax
130 278
131 040
116 864
117 687
Living cost
33 984
33 984
33 984
33 984
Free-cash
96 294
97 056
82 880
83 703

Estimated living cost  is ₽33984 per week

₽22523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽7610
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
₽66516
₽190656
₽128045
₽108202
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
-
-
-
240 000
income
-
-
-
46 781
social contributions
-
-
-
27 360
total
-
-
-
74 141
Employee
54 220
-
-
-
income
11 960
-
-
-
social contributions
4 446
-
634
-
total
16 406
-
634
-
Employer
54 220
-
-
-
social contributions
76 451
-
10 896
-
total
76 451
-
10 896
-
Corporate
109 329
240 000
-
-
income
24 052
52 800
-
-
total
24 052
52 800
-
-
Dividends
85 277
187 200
-
-
income
18 761
41 184
-
-
total
18 761
41 184
-
-
Income
240 000
240 000
240 000
240 000
Total tax
135 670
93 984
11 530
74 141
After tax
104 330
146 016
228 470
165 859
Living cost
37 814
37 814
37 814
37 814
Free-cash
66 516
108 202
190 656
128 045

Estimated living cost  is ₽37814 per week

₽24535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽9240
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
₽146082
₽131681
₽133515
₽149329
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
-
-
-
240 000
income
-
-
-
62 266
health
-
-
-
6 120
social contributions
-
-
-
12 680
total
-
-
-
81 066
Employee
60 263
60 263
229 017
-
health
599
1 025
3 894
-
income
6 328
5 579
61 277
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
71 917
-
Employer
60 263
60 263
229 017
-
health
653
1 115
4 237
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 983
-
Corporate
201 143
173 620
-
-
income
25 143
21 703
-
-
total
25 143
21 703
-
-
Dividends
176 000
151 917
-
-
withholding
29 920
25 826
-
-
total
29 920
25 826
-
-
Income
240 000
240 000
240 000
240 000
Total tax
68 499
65 252
82 900
81 066
After tax
171 501
174 748
157 100
158 934
Living cost
25 419
25 419
25 419
25 419
Free-cash
146 082
149 329
131 681
133 515

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
₽121957
₽101875
₽123007
₽117472
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
-
-
-
240 000
income
-
-
-
79 910
pensions
-
-
-
8 947
total
-
-
-
88 857
Employee
38 621
-
208 666
-
health
504
-
2 611
-
pensions
2 948
-
10 225
-
income
7 033
-
65 821
-
total
10 485
-
78 657
-
Employer
38 621
-
208 666
-
health
734
-
3 965
-
pensions
3 902
-
27 367
-
total
4 636
-
31 332
-
Corporate
196 743
240 000
-
-
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.

37 381
45 600
-
-
total
37 381
45 600
-
-
Dividends
159 362
194 400
-
-
withholding
37 405
48 792
-
-
total
37 405
48 792
-
-
Income
240 000
240 000
240 000
240 000
Total tax
89 907
94 392
109 989
88 857
After tax
150 093
145 608
130 011
151 143
Living cost
28 136
28 136
28 136
28 136
Free-cash
121 957
117 472
101 875
123 007

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
₽91630
₽78710
₽85148
₽95195
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
-
-
-
240 000
municipal
-
-
-
1 807
regional
-
-
-
6 424
social contributions
-
-
-
39 224
national
-
-
-
76 176
total
-
-
-
123 631
Employee
66 040
-
240 000
-
social contributions
22 268
-
51 424
-
regional
997
-
6 018
-
national
11 160
-
70 930
-
municipal
394
-
1 697
-
total
34 819
-
130 069
-
Employer
66 040
-
240 000
-
total
-
-
-
-
Corporate
173 960
240 000
-
-
nationa
41 751
57 600
-
-
municipal
8 385
11 568
-
-
total
50 136
69 168
-
-
Dividends
123 824
170 832
-
-
withholding
32 194
44 416
-
-
total
32 194
44 416
-
-
Income
240 000
240 000
240 000
240 000
Total tax
117 149
113 584
130 069
123 631
After tax
122 851
126 416
109 931
116 369
Living cost
31 221
31 221
31 221
31 221
Free-cash
91 630
95 195
78 710
85 148

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
₽16871
₽117344
₽146941
₽2698
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
-
-
-
240 000
pensions
-
-
-
3 166
income
-
-
-
71 017
other
-
-
-
282
health
-
-
-
1 660
accident
-
-
-
192
total
-
-
-
76 317
Employee
26 337
-
222 451
-
health
3 016
-
25 470
-
pensions
2 966
-
5 806
-
income
3 613
-
57 089
-
total
9 595
-
88 365
-
Employer
26 337
-
222 451
-
pensions
4 283
-
8 384
-
accident
440
-
3 715
-
unemployment
645
-
5 450
-
total
5 368
-
17 549
-
Corporate
208 296
240 000
-
-
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.

187 466
216 000
-
-
total
187 466
216 000
-
-
Dividends
20 830
24 000
-
-
withholding
3 958
4 560
-
-
total
3 958
4 560
-
-
Income
240 000
240 000
240 000
240 000
Total tax
206 387
220 560
105 914
76 317
After tax
33 613
19 440
134 086
163 683
Living cost
16 742
16 742
16 742
16 742
Free-cash
16 871
2 698
117 344
146 941

Estimated living cost  is ₽16742 per week

₽12271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
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.
₽3195
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
₽103344
₽114194
₽84983
₽93092
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.

-
-
-
240 000
trade
-
-
-
29 211
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.

-
-
-
85 492
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.

-
-
-
4 703
total
-
-
-
124 760
Employee

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

38 994
-
240 000
-
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
-
85 492
-
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
-
4 703
-
total
8 737
-
95 549
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 006
240 000
-
-
income
30 151
36 000
-
-
trade
28 845
34 440
-
-
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.

1 658
1 980
-
-
chamber of commerce
413
471
-
-
total
61 067
72 891
-
-
Dividends
139 939
167 109
-
-
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.

1 908
2 281
-
-
withholding
34 687
41 479
-
-
total
36 595
43 760
-
-
Income
240 000
240 000
240 000
240 000
Total tax
106 399
116 651
95 549
124 760
After tax
133 601
123 349
144 451
115 240
Living cost
30 257
30 257
30 257
30 257
Free-cash
103 344
93 092
114 194
84 983

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
₽169269
₽91393
₽75276
₽175696
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.

-
-
-
240 000
income
-
-
-
57 194
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
-
-
-
61 199
total
-
-
-
148 420
Employee
22 900
-
195 945
-
income
4 076
-
49 563
-
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
-
-
28 412
-
total
6 595
-
88 249
-
Employer
22 900
-
195 945
-
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
-
-
21 554
-
total
5 516
-
44 054
-
Corporate
211 584
240 000
-
-
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%.

42 316
48 000
-
-
total
42 316
48 000
-
-
Dividends

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

169 267
192 000
-
-
total
-
-
-
-
Income
240 000
240 000
240 000
240 000
Total tax
54 427
48 000
132 303
148 420
After tax
185 573
192 000
107 697
91 580
Living cost
16 304
16 304
16 304
16 304
Free-cash
169 269
175 696
91 393
75 276

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
₽138416
₽139842
₽140536
₽140017
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
-
-
-
240 000
income
-
-
-
77 462
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
89 721
Employee
14 840
-
232 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
77 089
-
total
5 097
-
82 419
-
Employer
14 840
-
232 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
221 821
240 000
-
-
income
48 801
52 800
-
-
total
48 801
52 800
-
-
Dividends
173 021
187 200
-
-
withholding
34 604
37 440
-
-
total
34 604
37 440
-
-
Income
240 000
240 000
240 000
240 000
Total tax
91 841
90 240
90 415
89 721
After tax
148 159
149 760
149 585
150 279
Living cost
9 743
9 743
9 743
9 743
Free-cash
138 416
140 017
139 842
140 536

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
₽130863
₽89829
₽94621
₽133356
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
-
-
-
240 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
84 159
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
15 094
total
-
-
-
127 776
Employee
26 392
-
217 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
79 472
-
other
-
-
-
-
surtax
94
-
14 155
-
total
8 791
-
110 551
-
Employer
26 392
-
217 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
208 051
240 000
-
-
income
54 093
62 400
-
-
total
54 093
62 400
-
-
Dividends
153 958
177 600
-
-
withholding
23 094
26 641
-
-
total
23 094
26 641
-
-
Income
240 000
240 000
240 000
240 000
Total tax
91 534
89 041
132 568
127 776
After tax
148 466
150 959
107 432
112 224
Living cost
17 603
17 603
17 603
17 603
Free-cash
130 863
133 356
89 829
94 621

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
₽106510
₽36187
₽97065
₽106899
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
-
-
-
240 000
pensions
-
-
-
16 938