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
₽ 243000
per

Your estimated
City
free-cash

Valencia , Spain
₽135628
₽110288
₽113586
₽139099
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
-
-
-
243 000
unemployment
-
-
-
510
income
-
-
-
85 942
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
107 799
Employee
29 064
-
219 773
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
83 244
-
other
28
-
73
-
total
7 447
-
87 871
-
Employer
29 064
-
219 773
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
204 669
243 000
-
-
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.

30 700
36 450
-
-
total
30 700
36 450
-
-
Dividends
173 970
206 550
-
-
withholding
38 343
45 836
-
-
total
38 343
45 836
-
-
Income
243 000
243 000
243 000
243 000
Total tax
85 757
82 286
111 097
107 799
After tax
157 243
160 714
131 903
135 201
Living cost
21 615
21 615
21 615
21 615
Free-cash
135 628
139 099
110 288
113 586

Estimated living cost  is ₽21615 per week

₽14590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽152278
₽133056
₽134913
₽157588
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
-
-
-
243 000
pensions

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

-
-
-
28 687
income
-
-
-
47 518
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
87 142
Employee
28 540
-
212 138
-
health
400
-
1 674
-
unemployment
285
-
1 195
-
pensions

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

1 997
-
8 367
-
income
4 914
-
46 899
-
total
7 596
-
58 135
-
Employer
28 540
-
212 138
-
health
400
-
1 674
-
pensions

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

4 852
-
20 321
-
accident
228
-
1 698
-
unemployment
285
-
1 195
-
other
1 428
-
5 976
-
total
7 193
-
30 864
-
Corporate
207 267
243 000
-
-
income
43 526
51 029
-
-
total
43 526
51 029
-
-
Dividends
163 741
191 971
-
-
withholding
11 462
13 438
-
-
total
11 462
13 438
-
-
Income
243 000
243 000
243 000
243 000
Total tax
69 777
64 467
88 999
87 142
After tax
173 223
178 533
154 001
155 858
Living cost
20 945
20 945
20 945
20 945
Free-cash
152 278
157 588
133 056
134 913

Estimated living cost  is ₽20945 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽193812
₽199577
₽188920
₽197463
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
-
-
-
243 000
pensions

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

-
-
-
4 062
unemployment
-
-
-
110
income
-
-
-
36 450
health
-
-
-
3 156
total
-
-
-
43 778
Employee
13 641
-
237 615
-
health
627
-
1 262
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
pensions

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

1 198
-
2 410
-
income
1 364
-
23 762
-
total
3 339
-
27 736
-
Employer
13 641
-
237 615
-
health
942
-
1 894
-
pensions

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

1 503
-
3 024
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
unemployment
82
-
165
-
total
2 677
-
5 385
-
Corporate
226 683
243 000
-
-
income
22 669
24 300
-
-
total
22 669
24 300
-
-
Dividends
204 014
218 700
-
-
withholding
10 201
10 935
-
-
total
10 201
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
38 886
35 235
33 121
43 778
After tax
204 114
207 765
209 879
199 222
Living cost
10 302
10 302
10 302
10 302
Free-cash
193 812
197 463
199 577
188 920

Estimated living cost  is ₽10302 per week

₽6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽100222
₽89027
₽100345
₽95580
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
-
-
-
243 000
income
-
-
-
54 402
other
-
-
-
7 533
health
-
-
-
13 538
social contributions
-
-
-
6 923
pensions
-
-
-
33 366
surtax
-
-
-
-
total
-
-
-
115 762
Employee
33 641
-
182 460
-
pensions
3 804
-
15 012
-
income
1 985
-
46 329
-
social contributions
959
-
5 198
-
surtax
-
-
-
-
total
6 748
-
66 539
-
Employer
33 641
-
182 460
-
health
2 355
-
19 636
-
social contributions
101
-
547
-
pensions
5 527
-
24 859
-
unemployment
1 362
-
7 390
-
other
1 161
-
8 109
-
total
10 506
-
60 541
-
Corporate
198 853
243 000
-
-
income
55 679
68 040
-
-
surtax
-
-
-
-
total
55 679
68 040
-
-
Dividends
143 174
174 960
-
-
social contributions
24 626
30 093
-
-
surtax
-
-
-
-
withholding
18 326
22 394
-
-
total
42 952
52 487
-
-
Income
243 000
243 000
243 000
243 000
Total tax
115 885
120 527
127 080
115 762
After tax
127 115
122 473
115 920
127 238
Living cost
26 893
26 893
26 893
26 893
Free-cash
100 222
95 580
89 027
100 345

Estimated living cost  is ₽26893 per week

₽16957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽84124
₽122363
₽93953
₽88940
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
-
-
-
243 000
pensions
-
-
-
9 209
income
-
-
-
97 217
health
-
-
-
9 693
total
-
-
-
116 119
Employee
67 124
67 124
228 392
-
health
10 303
8 763
9 693
-
pensions
12 082
9 209
9 209
-
income

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

10 987
10 987
54 199
-
total
33 372
28 959
73 101
-
Employer
67 124
67 124
228 392
-
health
4 666
4 666
5 798
-
pensions
4 672
4 672
5 807
-
unemployment
2 416
2 416
3 003
-
total
11 754
11 754
14 608
-
Corporate
164 945
164 121
-
-
income
32 989
32 824
-
-
total
32 989
32 824
-
-
Dividends
131 955
131 297
-
-
income
28 040
27 901
-
-
withholding
19 793
19 694
-
-
total
47 833
47 595
-
-
Income
243 000
243 000
243 000
243 000
Total tax
125 948
121 132
87 709
116 119
After tax
117 052
121 868
155 291
126 881
Living cost
32 928
32 928
32 928
32 928
Free-cash
84 124
88 940
122 363
93 953

Estimated living cost  is ₽32928 per week

₽23335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽107275
₽122346
₽89829
₽98581
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.

-
-
-
243 000
trade
-
-
-
32 517
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.

-
-
-
86 707
health

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

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

-
-
-
5 370
surtax

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

-
-
-
4 769
total
-
-
-
129 363
Employee

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

30 064
-
243 000
-
health

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

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

5 370
-
5 370
-
income

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

840
-
86 707
-
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
-
4 769
-
total
6 256
-
96 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
212 936
243 000
-
-
income
31 941
36 450
-
-
trade
33 537
38 273
-
-
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.

1 757
2 005
-
-
chamber of commerce
425
468
-
-
total
67 660
77 196
-
-
Dividends
145 276
165 804
-
-
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.

1 981
2 263
-
-
withholding
36 020
41 152
-
-
total
38 001
43 415
-
-
Income
243 000
243 000
243 000
243 000
Total tax
111 917
120 611
96 846
129 363
After tax
131 083
122 389
146 154
113 637
Living cost
23 808
23 808
23 808
23 808
Free-cash
107 275
98 581
122 346
89 829

Estimated living cost  is ₽23808 per week

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

Additional information

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

Larnaca , Cyprus
₽154454
₽140804
₽142657
₽158731
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
-
-
-
243 000
income
-
-
-
63 230
health
-
-
-
6 196
social contributions
-
-
-
12 718
total
-
-
-
82 144
Employee
60 443
60 443
231 942
-
health
468
1 028
3 942
-
income
6 581
5 595
62 232
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
72 940
-
Employer
60 443
60 443
231 942
-
health
509
1 119
4 291
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
11 057
-
Corporate
212 672
176 422
-
-
income
26 584
22 053
-
-
total
26 584
22 053
-
-
Dividends
186 088
154 370
-
-
withholding
31 635
26 243
-
-
total
31 635
26 243
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 347
66 070
83 997
82 144
After tax
172 653
176 930
159 003
160 856
Living cost
18 199
18 199
18 199
18 199
Free-cash
154 454
158 731
140 804
142 657

Estimated living cost  is ₽18199 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽112771
₽77328
₽98774
₽113564
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.

-
-
-
243 000
income
-
-
-
35 128
social contributions

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

-
-
-
84 443
surtax
-
-
-
-
total
-
-
-
119 571
Employee
36 152
-
196 363
-
income
7 520
-
71 393
-
social contributions
3 977
-
21 601
-
surtax
-
-
1 386
-
total
11 497
-
94 380
-
Employer
36 152
-
196 363
-
social contributions
8 586
-
46 637
-
total
8 586
-
46 637
-
Corporate
198 262
243 000
-
-
income
41 635
51 029
-
-
surtax
-
-
-
-
total
41 635
51 029
-
-
Dividends
156 627
191 971
-
-
withholding
43 856
53 752
-
-
total
43 856
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 574
104 781
141 017
119 571
After tax
137 426
138 219
101 983
123 429
Living cost
24 655
24 655
24 655
24 655
Free-cash
112 771
113 564
77 328
98 774

Estimated living cost  is ₽24655 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽223601
₽188296
₽234092
₽224746
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%.

-
-
-
243 000
microenterprise

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

-
-
-
2 804
total
-
-
-
2 804
Employee
7 629
-
243 000
-
income
1 526
-
48 600
-
total
1 526
-
48 600
-
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%.

235 371
243 000
-
-
total
-
-
-
-
Dividends
235 371
243 000
-
-
withholding
11 769
12 150
-
-
total
11 769
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
13 295
12 150
48 600
2 804
After tax
229 705
230 850
194 400
240 196
Living cost
6 104
6 104
6 104
6 104
Free-cash
223 601
224 746
188 296
234 092

Estimated living cost  is ₽6104 per week

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

Additional information

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

Ljubljana , Slovenia
₽139648
₽79474
₽84752
₽146223
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.

-
-
-
243 000
pensions
-
-
-
44 378
unemployment
-
-
-
364
income
-
-
-
68 512
health
-
-
-
23 911
total
-
-
-
137 165
Employee

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

34 759
-
210 261
-
health
2 245
-
13 583
-
unemployment
49
-
294
-
pensions
5 388
-
32 591
-
income
5 994
-
63 236
-
total
13 676
-
109 704
-
Employer

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

34 759
-
210 261
-
health
2 315
-
14 004
-
pensions
3 076
-
18 608
-
unemployment
21
-
127
-
total
5 412
-
32 739
-
Corporate
202 830
243 000
-
-
income
38 537
46 170
-
-
total
38 537
46 170
-
-
Dividends
164 293
196 830
-
-
withholding
24 644
29 524
-
-
total
24 644
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
82 269
75 694
142 443
137 165
After tax
160 731
167 306
100 557
105 835
Living cost
21 083
21 083
21 083
21 083
Free-cash
139 648
146 223
79 474
84 752

Estimated living cost  is ₽21083 per week

₽14469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽128010
₽137866
₽173047
₽125264
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.

-
-
-
243 000
income
-
-
-
36 450
health

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

-
-
-
4 970
total
-
-
-
41 420
Employee
36 059
-
239 384
-
social contributions
3 613
-
3 616
-
income
3 913
-
69 369
-
total
7 526
-
72 985
-
Employer
36 059
-
239 384
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
203 328
243 000
-
-
income
71 165
85 050
-
-
total
71 165
85 050
-
-
Dividends
132 163
157 950
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 457
89 203
76 601
41 420
After tax
156 543
153 797
166 399
201 580
Living cost
28 533
28 533
28 533
28 533
Free-cash
128 010
125 264
137 866
173 047

Estimated living cost  is ₽28533 per week

₽18795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽131991
₽71185
₽139386
₽131585
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
-
-
-
243 000
income
-
-
-
36 450
health
-
-
-
16 962
social contributions
-
-
-
33 534
total
-
-
-
86 946
Employee
26 651
-
243 000
-
health
1 860
-
16 962
-
income
4 445
-
104 651
-
social contributions
3 678
-
33 534
-
total
9 983
-
155 147
-
Employer
26 651
-
243 000
-
total
-
-
-
-
Corporate
216 349
243 000
-
-
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%.

10 817
12 150
-
-
total
10 817
12 150
-
-
Dividends
205 531
230 850
-
-
social contributions
28 364
31 857
-
-
withholding
30 830
34 627
-
-
health
14 347
16 113
-
-
total
73 541
82 597
-
-
Income
243 000
243 000
243 000
243 000
Total tax
94 341
94 747
155 147
86 946
After tax
148 659
148 253
87 853
156 054
Living cost
16 668
16 668
16 668
16 668
Free-cash
131 991
131 585
71 185
139 386

Estimated living cost  is ₽16668 per week

₽11155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽137454
₽116495
₽128070
₽145303
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
-
-
-
243 000
income
-
-
-
27 675
health
-
-
-
32 805
social contributions
-
-
-
25 692
solidarity contribution
-
-
-
6 756
total
-
-
-
92 928
Employee
32 356
-
202 755
-
health
4 368
-
27 372
-
solidarity contribution
-
-
5 717
-
income
3 883
-
25 450
-
social contributions
2 103
-
5 719
-
total
10 354
-
64 258
-
Employer
32 356
-
202 755
-
health
2 912
-
18 248
-
social contributions
8 089
-
21 997
-
total
11 001
-
40 245
-
Corporate
199 644
243 000
-
-
income
37 932
46 170
-
-
total
37 932
46 170
-
-
Dividends
161 711
196 830
-
-
withholding
24 257
29 525
-
-
total
24 257
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 544
75 695
104 503
92 928
After tax
159 456
167 305
138 497
150 072
Living cost
22 002
22 002
22 002
22 002
Free-cash
137 454
145 303
116 495
128 070

Estimated living cost  is ₽22002 per week

₽16362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4040
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
₽219555
₽184889
₽230685
₽221339
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%.

-
-
-
243 000
microenterprise

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

-
-
-
2 804
total
-
-
-
2 804
Employee
11 889
-
243 000
-
income
2 378
-
48 600
-
total
2 378
-
48 600
-
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%.

231 111
243 000
-
-
total
-
-
-
-
Dividends
231 111
243 000
-
-
withholding
11 556
12 150
-
-
total
11 556
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
13 934
12 150
48 600
2 804
After tax
229 066
230 850
194 400
240 196
Living cost
9 511
9 511
9 511
9 511
Free-cash
219 555
221 339
184 889
230 685

Estimated living cost  is ₽9511 per week

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

Additional information

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

Paris , France
₽89909
₽77955
₽89273
₽84508
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
-
-
-
243 000
income
-
-
-
54 402
other
-
-
-
7 533
health
-
-
-
13 538
social contributions
-
-
-
6 923
pensions
-
-
-
33 366
surtax
-
-
-
-
total
-
-
-
115 762
Employee
49 231
-
182 460
-
pensions
5 568
-
15 012
-
income
4 296
-
46 329
-
social contributions
1 402
-
5 198
-
surtax
-
-
-
-
total
11 266
-
66 539
-
Employer
49 231
-
182 460
-
health
3 446
-
19 636
-
social contributions
148
-
547
-
pensions
8 089
-
24 859
-
unemployment
1 994
-
7 390
-
other
1 699
-
8 109
-
total
15 376
-
60 541
-
Corporate
178 393
243 000
-
-
income
49 950
68 040
-
-
surtax
-
-
-
-
total
49 950
68 040
-
-
Dividends
128 443
174 960
-
-
social contributions
22 093
30 093
-
-
surtax
-
-
-
-
withholding
16 441
22 394
-
-
total
38 534
52 487
-
-
Income
243 000
243 000
243 000
243 000
Total tax
115 126
120 527
127 080
115 762
After tax
127 874
122 473
115 920
127 238
Living cost
37 965
37 965
37 965
37 965
Free-cash
89 909
84 508
77 955
89 273

Estimated living cost  is ₽37965 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽158159
₽150079
₽150077
₽162014
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.

-
-
-
243 000
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
57 476
health
-
-
-
5 966
total
-
-
-
79 370
Employee

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

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

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

20 437
-
232 633
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
57 476
-
total
6 884
-
69 001
-
Employer

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

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

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

20 437
-
232 633
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
218 904
243 000
-
-
income
32 836
36 450
-
-
total
32 836
36 450
-
-
Dividends
186 069
206 550
-
-
withholding
27 910
30 983
-
-
total
27 910
30 983
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 288
67 433
79 368
79 370
After tax
171 712
175 567
163 632
163 630
Living cost
13 553
13 553
13 553
13 553
Free-cash
158 159
162 014
150 079
150 077

Estimated living cost  is ₽13553 per week

₽9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽80535
₽125190
₽131841
₽57665
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
-
-
-
243 000
pensions
-
-
-
22 355
city
-
-
-
2 570
other

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

-
-
-
4 069
health
-
-
-
546
regional
-
-
-
16 711
national
-
-
-
11 453
total
-
-
-
57 704
Employee
62 557
-
220 240
-
health
141
-
496
-
unemployment
-
-
1 101
-
city
671
-
2 399
-
pensions
5 256
-
14 857
-
regional
2 048
-
15 119
-
national
296
-
9 860
-
total
8 412
-
43 832
-
Employer
62 557
-
220 240
-
health
141
-
496
-
pensions
5 256
-
14 857
-
unemployment
-
-
1 101
-
other

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

1 251
-
4 069
-
total
6 648
-
20 523
-
Corporate
173 108
243 000
-
-
regional
36 612
51 394
-
-
national
14 714
20 654
-
-
total
51 326
72 048
-
-
Dividends
121 782
170 951
-
-
withholding
42 624
59 832
-
-
total
42 624
59 832
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 010
131 880
64 355
57 704
After tax
133 990
111 120
178 645
185 296
Living cost
53 455
53 455
53 455
53 455
Free-cash
80 535
57 665
125 190
131 841

Estimated living cost  is ₽53455 per week

₽34761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13241
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
₽117744
₽83530
₽111364
₽112367
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

-
-
-
243 000
municipal
-
-
-
43 125
health
-
-
-
3 414
national
-
-
-
54 919
total
-
-
-
101 458
Employee
41 355
-
204 424
-
health
309
-
2 821
-
unemployment
621
-
3 067
-
pensions
2 791
-
13 799
-
national
683
-
37 778
-
municipal
6 774
-
33 253
-
total
11 178
-
90 718
-
Employer
41 355
-
204 424
-
health
318
-
1 574
-
pensions
7 175
-
35 467
-
accident
42
-
204
-
unemployment
268
-
1 329
-
total
7 803
-
38 574
-
Corporate
193 842
243 000
-
-
income
38 768
48 600
-
-
total
38 768
48 600
-
-
Dividends

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

116 306
145 800
-
-
municipal
20 935
26 244
-
-
national
16 394
25 611
-
-
total
37 329
51 855
-
-
Income
243 000
243 000
243 000
243 000
Total tax
95 078
100 455
129 292
101 458
After tax
147 922
142 545
113 708
141 542
Living cost
30 178
30 178
30 178
30 178
Free-cash
117 744
112 367
83 530
111 364

Estimated living cost  is ₽30178 per week

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

Additional information

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

Brussels , Belgium
₽93872
₽51055
₽77366
₽100996
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
-
-
-
243 000
communal

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

-
-
-
13 404
social contributions
-
-
-
19 597
national
-
-
-
103 973
total
-
-
-
136 974
Employee

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

56 226
-
188 212
-
health

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

2 642
-
8 846
-
communal

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

2 933
-
9 817
-
unemployment

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

489
-
1 638
-
pensions

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

4 217
-
14 116
-
national
17 286
-
74 079
-
total
27 567
-
108 496
-
Employer

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

56 226
-
188 212
-
health

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

3 458
-
11 575
-
pensions

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

4 982
-
16 675
-
surtax
6 375
-
21 343
-
accident

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

731
-
2 448
-
unemployment

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

820
-
2 748
-
total
16 366
-
54 789
-
Corporate
170 408
243 000
-
-
income
35 994
57 045
-
-
surtax
720
1 141
-
-
total
36 714
58 186
-
-
Dividends
133 694
184 814
-
-
withholding

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

39 821
55 158
-
-
total
39 821
55 158
-
-
Income
243 000
243 000
243 000
243 000
Total tax
120 468
113 344
163 285
136 974
After tax
122 532
129 656
79 715
106 026
Living cost
28 660
28 660
28 660
28 660
Free-cash
93 872
100 996
51 055
77 366

Estimated living cost  is ₽28660 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽97821
₽84154
₽84981
₽98586
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
-
-
-
243 000
unemployment
-
-
-
75
municipal
-
-
-
66 008
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
36 274
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
123 927
Employee
48 578
-
219 524
-
national
-
-
35 816
-
municipal
14 486
-
65 462
-
total
14 486
-
101 278
-
Employer
48 578
-
219 524
-
health
2 988
-
4 595
-
pensions
5 251
-
8 077
-
accident
97
-
149
-
unemployment
1 282
-
1 973
-
other
5 645
-
8 682
-
total
15 263
-
23 476
-
Corporate
179 158
243 000
-
-
income
39 415
53 460
-
-
total
39 415
53 460
-
-
Dividends
139 743
189 540
-
-
withholding
41 923
56 862
-
-
total
41 923
56 862
-
-
Income
243 000
243 000
243 000
243 000
Total tax
111 087
110 322
124 754
123 927
After tax
131 913
132 678
118 246
119 073
Living cost
34 092
34 092
34 092
34 092
Free-cash
97 821
98 586
84 154
84 981

Estimated living cost  is ₽34092 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽67953
₽193415
₽129933
₽109842
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
-
-
-
243 000
income
-
-
-
47 366
social contributions
-
-
-
27 702
total
-
-
-
75 068
Employee
54 485
-
-
-
income
12 018
-
-
-
social contributions
4 468
-
637
-
total
16 486
-
637
-
Employer
54 485
-
-
-
social contributions
76 824
-
10 949
-
total
76 824
-
10 949
-
Corporate
111 692
243 000
-
-
income
24 572
53 460
-
-
total
24 572
53 460
-
-
Dividends
87 119
189 540
-
-
income
19 166
41 699
-
-
total
19 166
41 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
137 048
95 159
11 586
75 068
After tax
105 952
147 841
231 414
167 932
Living cost
37 999
37 999
37 999
37 999
Free-cash
67 953
109 842
193 415
129 933

Estimated living cost  is ₽37999 per week

₽24655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽148176
₽133508
₽135361
₽151435
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
-
-
-
243 000
income
-
-
-
63 230
health
-
-
-
6 196
social contributions
-
-
-
12 718
total
-
-
-
82 144
Employee
60 443
60 443
231 942
-
health
601
1 028
3 942
-
income
6 347
5 595
62 232
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
72 940
-
Employer
60 443
60 443
231 942
-
health
655
1 119
4 291
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
11 057
-
Corporate
204 028
176 422
-
-
income
25 503
22 053
-
-
total
25 503
22 053
-
-
Dividends
178 525
154 370
-
-
withholding
30 349
26 243
-
-
total
30 349
26 243
-
-
Income
243 000
243 000
243 000
243 000
Total tax
69 329
66 070
83 997
82 144
After tax
173 671
176 930
159 003
160 856
Living cost
25 495
25 495
25 495
25 495
Free-cash
148 176
151 435
133 508
135 361

Estimated living cost  is ₽25495 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽123571
₽103325
₽124716
₽119072
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
-
-
-
243 000
income
-
-
-
81 044
pensions
-
-
-
9 019
total
-
-
-
90 063
Employee
38 737
-
211 264
-
health
505
-
2 639
-
pensions
2 957
-
10 296
-
income
7 054
-
66 783
-
total
10 516
-
79 718
-
Employer
38 737
-
211 264
-
health
736
-
4 014
-
pensions
3 914
-
27 722
-
total
4 650
-
31 736
-
Corporate
199 613
243 000
-
-
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.

37 926
46 170
-
-
total
37 926
46 170
-
-
Dividends
161 687
196 830
-
-
withholding
38 116
49 537
-
-
total
38 116
49 537
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 208
95 707
111 454
90 063
After tax
151 792
147 293
131 546
152 937
Living cost
28 221
28 221
28 221
28 221
Free-cash
123 571
119 072
103 325
124 716

Estimated living cost  is ₽28221 per week

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

Additional information

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

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

Rome , Italy
₽93107
₽80150
₽86607
₽96681
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
-
-
-
243 000
municipal
-
-
-
1 833
regional
-
-
-
6 519
social contributions
-
-
-
39 341
national
-
-
-
77 386
total
-
-
-
125 079
Employee
66 236
-
243 000
-
social contributions
22 335
-
51 577
-
regional
1 000
-
6 112
-
national
11 193
-
72 124
-
municipal
395
-
1 723
-
total
34 923
-
131 536
-
Employer
66 236
-
243 000
-
total
-
-
-
-
Corporate
176 764
243 000
-
-
nationa
42 423
58 321
-
-
municipal
8 520
11 712
-
-
total
50 943
70 033
-
-
Dividends
125 821
172 967
-
-
withholding
32 713
44 972
-
-
total
32 713
44 972
-
-
Income
243 000
243 000
243 000
243 000
Total tax
118 579
115 005
131 536
125 079
After tax
124 421
127 995
111 464
117 921
Living cost
31 314
31 314
31 314
31 314
Free-cash
93 107
96 681
80 150
86 607

Estimated living cost  is ₽31314 per week

₽21996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽17107
₽119020
₽148937
₽2896
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
-
-
-
243 000
pensions
-
-
-
3 175
income
-
-
-
71 961
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
77 276
Employee
26 407
-
225 310
-
health
3 024
-
25 798
-
pensions
2 974
-
5 822
-
income
3 623
-
57 883
-
total
9 621
-
89 503
-
Employer
26 407
-
225 310
-
pensions
4 294
-
8 407
-
accident
441
-
3 763
-
unemployment
647
-
5 520
-
total
5 382
-
17 690
-
Corporate
211 211
243 000
-
-
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.

190 090
218 700
-
-
total
190 090
218 700
-
-
Dividends
21 121
24 300
-
-
withholding
4 013
4 617
-
-
total
4 013
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
209 106
223 317
107 193
77 276
After tax
33 894
19 683
135 807
165 724
Living cost
16 787
16 787
16 787
16 787
Free-cash
17 107
2 896
119 020
148 937

Estimated living cost  is ₽16787 per week

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

Additional information

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

Berlin , Germany
₽104823
₽115807
₽86181
₽94540
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.

-
-
-
243 000
trade
-
-
-
29 626
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.

-
-
-
86 707
health

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

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

-
-
-
5 370
surtax

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

-
-
-
4 769
total
-
-
-
126 472
Employee

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

39 110
-
243 000
-
health

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

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

5 370
-
5 370
-
income

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

3 216
-
86 707
-
surtax

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

178
-
4 769
-
total
8 764
-
96 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 890
243 000
-
-
income
30 583
36 450
-
-
trade
29 259
34 870
-
-
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.

1 683
2 005
-
-
chamber of commerce
418
476
-
-
total
61 943
73 801
-
-
Dividends
141 947
169 199
-
-
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
2 311
-
-
withholding
35 188
42 001
-
-
total
37 123
44 312
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 830
118 113
96 846
126 472
After tax
135 170
124 887
146 154
116 528
Living cost
30 347
30 347
30 347
30 347
Free-cash
104 823
94 540
115 807
86 181

Estimated living cost  is ₽30347 per week

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

Additional information

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

Riga , Latvia
₽171598
₽92779
₽76484
₽178047
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.

-
-
-
243 000
income
-
-
-
58 082
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 116
surtax
-
-
-
61 965
total
-
-
-
150 163
Employee
22 968
-
198 587
-
income
4 089
-
50 357
-
social contributions

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

2 527
-
10 304
-
surtax
-
-
28 795
-
total
6 616
-
89 456
-
Employer
22 968
-
198 587
-
social contributions

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

5 533
-
22 567
-
surtax
-
-
21 845
-
total
5 533
-
44 412
-
Corporate
214 499
243 000
-
-
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%.

42 900
48 600
-
-
total
42 900
48 600
-
-
Dividends

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

171 599
194 400
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
55 049
48 600
133 868
150 163
After tax
187 951
194 400
109 132
92 837
Living cost
16 353
16 353
16 353
16 353
Free-cash
171 598
178 047
92 779
76 484

Estimated living cost  is ₽16353 per week

₽10433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽140253
₽141742
₽142439
₽141859
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
-
-
-
243 000
income
-
-
-
78 492
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
90 788
Employee
14 885
-
234 981
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
78 118
-
total
5 112
-
83 465
-
Employer
14 885
-
234 981
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
224 766
243 000
-
-
income
49 449
53 460
-
-
total
49 449
53 460
-
-
Dividends
175 318
189 540
-
-
withholding
35 064
37 908
-
-
total
35 064
37 908
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 974
91 368
91 485
90 788
After tax
150 026
151 632
151 515
152 212
Living cost
9 773
9 773
9 773
9 773
Free-cash
140 253
141 859
141 742
142 439

Estimated living cost  is ₽9773 per week

₽5807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽132692
₽91149
₽95956
₽135190
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
-
-
-
243 000
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
85 437
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
15 343
total
-
-
-
129 389
Employee
26 471
-
220 918
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
80 737
-
other
-
-
-
-
surtax
94
-
14 403
-
total
8 816
-
112 114
-
Employer
26 471
-
220 918
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
210 956
243 000
-
-
income
54 848
63 181
-
-
total
54 848
63 181
-
-
Dividends
156 108
179 819
-
-
withholding
23 416
26 974
-
-
total
23 416
26 974
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 653
90 155
134 196
129 389
After tax
150 347
152 845
108 804
113 611
Living cost
17 655
17 655
17 655
17 655
Free-cash
132 692
135 190
91 149
95 956

Estimated living cost  is ₽17655 per week

₽10659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽108072
₽36828
₽98486
₽108459
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
-
-
-
243 000
pensions
-
-
-
16 988