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
₽ 245000
per

Your estimated
City
free-cash

Valencia , Spain
₽137007
₽111457
₽114746
₽140468
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
-
-
-
245 000
unemployment
-
-
-
509
income
-
-
-
86 913
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 555
total
-
-
-
108 704
Employee
28 977
-
221 843
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
84 223
-
other
28
-
73
-
total
7 426
-
88 837
-
Employer
28 977
-
221 843
-
pensions
6 838
-
17 142
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
581
-
total
9 238
-
23 156
-
Corporate
206 785
245 000
-
-
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.

31 018
36 751
-
-
total
31 018
36 751
-
-
Dividends
175 767
208 249
-
-
withholding
38 761
46 231
-
-
total
38 761
46 231
-
-
Income
245 000
245 000
245 000
245 000
Total tax
86 443
82 982
111 993
108 704
After tax
158 557
162 018
133 007
136 296
Living cost
21 550
21 550
21 550
21 550
Free-cash
137 007
140 468
111 457
114 746

Estimated living cost  is ₽21550 per week

₽14546
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
₽153825
₽134690
₽136555
₽159120
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
-
-
-
245 000
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.

-
-
-
28 601
income
-
-
-
48 058
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
87 563
Employee
28 454
-
214 210
-
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
-
8 341
-
income
4 899
-
47 436
-
total
7 573
-
58 637
-
Employer
28 454
-
214 210
-
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
-
20 260
-
accident
228
-
1 713
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 791
-
Corporate
209 375
245 000
-
-
income
43 969
51 450
-
-
total
43 969
51 450
-
-
Dividends
165 405
193 550
-
-
withholding
11 579
13 548
-
-
total
11 579
13 548
-
-
Income
245 000
245 000
245 000
245 000
Total tax
70 293
64 998
89 428
87 563
After tax
174 707
180 002
155 572
157 437
Living cost
20 882
20 882
20 882
20 882
Free-cash
153 825
159 120
134 690
136 555

Estimated living cost  is ₽20882 per week

₽14754
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
₽195565
₽201436
₽190674
₽199205
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
-
-
-
245 000
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
-
-
-
36 750
health
-
-
-
3 147
total
-
-
-
44 056
Employee
13 600
-
239 632
-
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
-
23 963
-
total
3 330
-
27 926
-
Employer
13 600
-
239 632
-
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
228 732
245 000
-
-
income
22 873
24 500
-
-
total
22 873
24 500
-
-
Dividends
205 859
220 500
-
-
withholding
10 293
11 025
-
-
total
10 293
11 025
-
-
Income
245 000
245 000
245 000
245 000
Total tax
39 165
35 525
33 294
44 056
After tax
205 835
209 475
211 706
200 944
Living cost
10 270
10 270
10 270
10 270
Free-cash
195 565
199 205
201 436
190 674

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
₽101298
₽89765
₽101300
₽96668
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
-
-
-
245 000
income
-
-
-
55 121
other
-
-
-
7 595
health
-
-
-
13 698
social contributions
-
-
-
6 981
pensions
-
-
-
33 493
surtax
-
-
-
-
total
-
-
-
116 888
Employee
33 540
-
183 873
-
pensions
3 792
-
15 168
-
income
1 979
-
46 894
-
social contributions
956
-
5 238
-
surtax
-
-
-
-
total
6 727
-
67 300
-
Employer
33 540
-
183 873
-
health
2 348
-
19 831
-
social contributions
101
-
552
-
pensions
5 510
-
25 107
-
unemployment
1 358
-
7 446
-
other
1 157
-
8 187
-
total
10 474
-
61 123
-
Corporate
200 986
245 000
-
-
income
56 275
68 600
-
-
surtax
-
-
-
-
total
56 275
68 600
-
-
Dividends
144 711
176 400
-
-
social contributions
24 891
30 341
-
-
surtax
-
-
-
-
withholding
18 523
22 579
-
-
total
43 414
52 920
-
-
Income
245 000
245 000
245 000
245 000
Total tax
116 890
121 520
128 423
116 888
After tax
128 110
123 480
116 577
128 112
Living cost
26 812
26 812
26 812
26 812
Free-cash
101 298
96 668
89 765
101 300

Estimated living cost  is ₽26812 per week

₽16906
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
₽85261
₽123734
₽94987
₽90062
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
-
-
-
245 000
pensions
-
-
-
9 182
income
-
-
-
98 338
health
-
-
-
9 664
total
-
-
-
117 184
Employee
66 922
66 922
230 436
-
health
10 272
8 737
9 664
-
pensions
12 046
9 182
9 182
-
income

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

10 954
10 954
55 026
-
total
33 272
28 873
73 872
-
Employer
66 922
66 922
230 436
-
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
167 180
166 359
-
-
income
33 436
33 272
-
-
total
33 436
33 272
-
-
Dividends
133 744
133 087
-
-
income
28 421
28 281
-
-
withholding
20 062
19 964
-
-
total
48 483
48 245
-
-
Income
245 000
245 000
245 000
245 000
Total tax
126 910
122 109
88 437
117 184
After tax
118 090
122 891
156 563
127 816
Living cost
32 829
32 829
32 829
32 829
Free-cash
85 261
90 062
123 734
94 987

Estimated living cost  is ₽32829 per week

₽23265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
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.
₽6082
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
₽108327
₽123497
₽90649
₽99655
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.

-
-
-
245 000
trade
-
-
-
32 848
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.

-
-
-
87 594
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.

-
-
-
4 818
total
-
-
-
130 614
Employee

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

29 974
-
245 000
-
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
-
87 594
-
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
-
4 818
-
total
6 237
-
97 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
215 026
245 000
-
-
income
32 253
36 751
-
-
trade
33 867
38 587
-
-
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.

1 774
2 021
-
-
chamber of commerce
428
471
-
-
total
68 322
77 830
-
-
Dividends
146 703
167 170
-
-
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.

2 000
2 283
-
-
withholding
36 377
41 495
-
-
total
38 377
43 778
-
-
Income
245 000
245 000
245 000
245 000
Total tax
112 936
121 608
97 766
130 614
After tax
132 064
123 392
147 234
114 386
Living cost
23 737
23 737
23 737
23 737
Free-cash
108 327
99 655
123 497
90 649

Estimated living cost  is ₽23737 per week

₽14931
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
₽155973
₽142091
₽143957
₽160238
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
-
-
-
245 000
income
-
-
-
63 972
health
-
-
-
6 248
social contributions
-
-
-
12 679
total
-
-
-
82 899
Employee
60 260
60 260
233 927
-
health
467
1 025
3 977
-
income
6 561
5 578
62 968
-
social contributions
2 278
5 001
6 746
-
total
9 306
11 604
73 691
-
Employer
60 260
60 260
233 927
-
health
507
1 115
4 328
-
social contributions
2 278
5 001
6 746
-
total
2 785
6 116
11 074
-
Corporate
214 764
178 623
-
-
income
26 846
22 328
-
-
total
26 846
22 328
-
-
Dividends
187 918
156 295
-
-
withholding
31 946
26 570
-
-
total
31 946
26 570
-
-
Income
245 000
245 000
245 000
245 000
Total tax
70 883
66 618
84 765
82 899
After tax
174 117
178 382
160 235
162 101
Living cost
18 144
18 144
18 144
18 144
Free-cash
155 973
160 238
142 091
143 957

Estimated living cost  is ₽18144 per week

₽10874
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
₽113985
₽78071
₽99764
₽114776
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.

-
-
-
245 000
income
-
-
-
35 517
social contributions

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

-
-
-
85 138
surtax
-
-
-
-
total
-
-
-
120 655
Employee
36 043
-
197 979
-
income
7 497
-
72 120
-
social contributions
3 965
-
21 778
-
surtax
-
-
1 431
-
total
11 462
-
95 329
-
Employer
36 043
-
197 979
-
social contributions
8 560
-
47 019
-
total
8 560
-
47 019
-
Corporate
200 397
245 000
-
-
income
42 084
51 450
-
-
surtax
-
-
-
-
total
42 084
51 450
-
-
Dividends
158 314
193 550
-
-
withholding
44 328
54 193
-
-
total
44 328
54 193
-
-
Income
245 000
245 000
245 000
245 000
Total tax
106 434
105 643
142 348
120 655
After tax
138 566
139 357
102 652
124 345
Living cost
24 581
24 581
24 581
24 581
Free-cash
113 985
114 776
78 071
99 764

Estimated living cost  is ₽24581 per week

₽18392
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
₽225538
₽189926
₽236040
₽226676
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%.

-
-
-
245 000
microenterprise

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

-
-
-
2 886
total
-
-
-
2 886
Employee
7 592
-
245 000
-
income
1 518
-
49 000
-
total
1 518
-
49 000
-
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%.

237 408
245 000
-
-
total
-
-
-
-
Dividends
237 408
245 000
-
-
withholding
11 870
12 250
-
-
total
11 870
12 250
-
-
Income
245 000
245 000
245 000
245 000
Total tax
13 388
12 250
49 000
2 886
After tax
231 612
232 750
196 000
242 114
Living cost
6 074
6 074
6 074
6 074
Free-cash
225 538
226 676
189 926
236 040

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
₽141107
₽80157
₽85476
₽147664
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.

-
-
-
245 000
pensions
-
-
-
44 743
unemployment
-
-
-
367
income
-
-
-
69 286
health
-
-
-
24 108
total
-
-
-
138 504
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.

34 654
-
211 991
-
health
2 238
-
13 695
-
unemployment
49
-
297
-
pensions
5 372
-
32 859
-
income
5 976
-
63 965
-
total
13 635
-
110 816
-
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.

34 654
-
211 991
-
health
2 308
-
14 119
-
pensions
3 067
-
18 760
-
unemployment
21
-
128
-
total
5 396
-
33 007
-
Corporate
204 951
245 000
-
-
income
38 941
46 549
-
-
total
38 941
46 549
-
-
Dividends
166 009
198 451
-
-
withholding
24 901
29 767
-
-
total
24 901
29 767
-
-
Income
245 000
245 000
245 000
245 000
Total tax
82 873
76 316
143 823
138 504
After tax
162 127
168 684
101 177
106 496
Living cost
21 020
21 020
21 020
21 020
Free-cash
141 107
147 664
80 157
85 476

Estimated living cost  is ₽21020 per week

₽14425
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.
₽407
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
₽129401
₽139225
₽174847
₽126664
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.

-
-
-
245 000
income
-
-
-
36 751
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
-
-
-
41 706
Employee
35 950
-
241 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
70 118
-
total
7 503
-
73 723
-
Employer
35 950
-
241 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
205 448
245 000
-
-
income
71 907
85 749
-
-
total
71 907
85 749
-
-
Dividends
133 541
159 251
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
245 000
245 000
245 000
245 000
Total tax
87 152
89 889
77 328
41 706
After tax
157 848
155 111
167 672
203 294
Living cost
28 447
28 447
28 447
28 447
Free-cash
129 401
126 664
139 225
174 847

Estimated living cost  is ₽28447 per week

₽18738
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
₽133262
₽71850
₽140720
₽132855
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
-
-
-
245 000
income
-
-
-
36 751
health
-
-
-
17 101
social contributions
-
-
-
33 811
total
-
-
-
87 663
Employee
26 571
-
245 000
-
health
1 854
-
17 101
-
income
4 432
-
105 621
-
social contributions
3 667
-
33 811
-
total
9 953
-
156 533
-
Employer
26 571
-
245 000
-
total
-
-
-
-
Corporate
218 429
245 000
-
-
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%.

10 922
12 250
-
-
total
10 922
12 250
-
-
Dividends
207 507
232 750
-
-
social contributions
28 637
32 120
-
-
withholding
31 126
34 912
-
-
health
14 483
16 246
-
-
total
74 246
83 278
-
-
Income
245 000
245 000
245 000
245 000
Total tax
95 121
95 528
156 533
87 663
After tax
149 879
149 472
88 467
157 337
Living cost
16 617
16 617
16 617
16 617
Free-cash
133 262
132 855
71 850
140 720

Estimated living cost  is ₽16617 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
₽138921
₽117834
₽129524
₽146746
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
-
-
-
245 000
income
-
-
-
27 946
health
-
-
-
33 075
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
6 901
total
-
-
-
93 539
Employee
32 261
-
204 649
-
health
4 355
-
27 628
-
solidarity contribution
-
-
5 851
-
income
3 871
-
25 698
-
social contributions
2 097
-
5 702
-
total
10 323
-
64 879
-
Employer
32 261
-
204 649
-
health
2 903
-
18 418
-
social contributions
8 065
-
21 932
-
total
10 968
-
40 350
-
Corporate
201 771
245 000
-
-
income
38 336
46 550
-
-
total
38 336
46 550
-
-
Dividends
163 434
198 450
-
-
withholding
24 515
29 767
-
-
total
24 515
29 767
-
-
Income
245 000
245 000
245 000
245 000
Total tax
84 142
76 317
105 229
93 539
After tax
160 858
168 683
139 771
151 461
Living cost
21 937
21 937
21 937
21 937
Free-cash
138 921
146 746
117 834
129 524

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
₽221511
₽186535
₽232649
₽223285
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%.

-
-
-
245 000
microenterprise

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

-
-
-
2 886
total
-
-
-
2 886
Employee
11 832
-
245 000
-
income
2 366
-
49 000
-
total
2 366
-
49 000
-
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%.

233 168
245 000
-
-
total
-
-
-
-
Dividends
233 168
245 000
-
-
withholding
11 658
12 250
-
-
total
11 658
12 250
-
-
Income
245 000
245 000
245 000
245 000
Total tax
14 024
12 250
49 000
2 886
After tax
230 976
232 750
196 000
242 114
Living cost
9 465
9 465
9 465
9 465
Free-cash
221 511
223 285
186 535
232 649

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
₽91016
₽78727
₽90262
₽85630
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
-
-
-
245 000
income
-
-
-
55 121
other
-
-
-
7 595
health
-
-
-
13 698
social contributions
-
-
-
6 981
pensions
-
-
-
33 493
surtax
-
-
-
-
total
-
-
-
116 888
Employee
49 083
-
183 873
-
pensions
5 552
-
15 168
-
income
4 283
-
46 894
-
social contributions
1 398
-
5 238
-
surtax
-
-
-
-
total
11 233
-
67 300
-
Employer
49 083
-
183 873
-
health
3 435
-
19 831
-
social contributions
147
-
552
-
pensions
8 065
-
25 107
-
unemployment
1 988
-
7 446
-
other
1 694
-
8 187
-
total
15 329
-
61 123
-
Corporate
180 588
245 000
-
-
income
50 565
68 600
-
-
surtax
-
-
-
-
total
50 565
68 600
-
-
Dividends
130 023
176 400
-
-
social contributions
22 364
30 341
-
-
surtax
-
-
-
-
withholding
16 643
22 579
-
-
total
39 007
52 920
-
-
Income
245 000
245 000
245 000
245 000
Total tax
116 134
121 520
128 423
116 888
After tax
128 866
123 480
116 577
128 112
Living cost
37 850
37 850
37 850
37 850
Free-cash
91 016
85 630
78 727
90 262

Estimated living cost  is ₽37850 per week

₽25616
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
₽159655
₽151675
₽151675
₽163501
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.

-
-
-
245 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
57 986
health
-
-
-
5 948
total
-
-
-
79 813
Employee

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

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

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

20 376
-
234 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
57 986
-
total
6 864
-
69 477
-
Employer

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

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

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

20 376
-
234 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
220 977
245 000
-
-
income
33 147
36 750
-
-
total
33 147
36 750
-
-
Dividends
187 831
208 250
-
-
withholding
28 175
31 237
-
-
total
28 175
31 237
-
-
Income
245 000
245 000
245 000
245 000
Total tax
71 833
67 987
79 813
79 813
After tax
173 167
177 013
165 187
165 187
Living cost
13 512
13 512
13 512
13 512
Free-cash
159 655
163 501
151 675
151 675

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽81544
₽126691
₽133344
₽58744
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
-
-
-
245 000
pensions
-
-
-
22 540
city
-
-
-
2 592
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
-
-
-
552
regional
-
-
-
16 934
national
-
-
-
11 692
total
-
-
-
58 367
Employee
62 361
-
222 163
-
health
141
-
500
-
unemployment
-
-
1 111
-
city
669
-
2 420
-
pensions
5 239
-
14 939
-
regional
2 042
-
15 343
-
national
295
-
10 100
-
total
8 386
-
44 413
-
Employer
62 361
-
222 163
-
health
141
-
500
-
pensions
5 239
-
14 939
-
unemployment
-
-
1 111
-
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
-
20 607
-
Corporate
175 326
245 000
-
-
regional
37 081
51 817
-
-
national
14 903
20 825
-
-
total
51 984
72 642
-
-
Dividends
123 342
172 357
-
-
withholding
43 170
60 325
-
-
total
43 170
60 325
-
-
Income
245 000
245 000
245 000
245 000
Total tax
110 167
132 967
65 020
58 367
After tax
134 833
112 033
179 980
186 633
Living cost
53 289
53 289
53 289
53 289
Free-cash
81 544
58 744
126 691
133 344

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
₽118769
₽84330
₽112394
₽113409
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

-
-
-
245 000
municipal
-
-
-
43 480
health
-
-
-
3 446
national
-
-
-
55 593
total
-
-
-
102 519
Employee
41 230
-
206 106
-
health
308
-
2 846
-
unemployment
619
-
3 092
-
pensions
2 782
-
13 912
-
national
681
-
38 313
-
municipal
6 753
-
33 526
-
total
11 143
-
91 689
-
Employer
41 230
-
206 106
-
health
317
-
1 587
-
pensions
7 153
-
35 760
-
accident
42
-
207
-
unemployment
268
-
1 340
-
total
7 780
-
38 894
-
Corporate
195 990
245 000
-
-
income
39 198
49 000
-
-
total
39 198
49 000
-
-
Dividends

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

117 594
147 000
-
-
municipal
21 167
26 459
-
-
national
16 856
26 045
-
-
total
38 023
52 504
-
-
Income
245 000
245 000
245 000
245 000
Total tax
96 144
101 504
130 583
102 519
After tax
148 856
143 496
114 417
142 481
Living cost
30 087
30 087
30 087
30 087
Free-cash
118 769
113 409
84 330
112 394

Estimated living cost  is ₽30087 per week

₽19653
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
₽94934
₽51714
₽78335
₽102037
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
-
-
-
245 000
communal

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

-
-
-
13 527
social contributions
-
-
-
19 538
national
-
-
-
105 026
total
-
-
-
138 091
Employee

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

56 056
-
189 760
-
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
-
8 918
-
communal

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

2 924
-
9 897
-
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
-
1 651
-
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
-
14 232
-
national
17 234
-
74 774
-
total
27 484
-
109 472
-
Employer

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

56 056
-
189 760
-
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
-
11 671
-
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
-
16 812
-
surtax
6 356
-
21 519
-
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
-
2 467
-
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
-
2 771
-
total
16 317
-
55 240
-
Corporate
172 627
245 000
-
-
income
36 678
57 666
-
-
surtax
733
1 154
-
-
total
37 411
58 820
-
-
Dividends
135 216
186 180
-
-
withholding

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

40 280
55 569
-
-
total
40 280
55 569
-
-
Income
245 000
245 000
245 000
245 000
Total tax
121 492
114 389
164 712
138 091
After tax
123 508
130 611
80 288
106 909
Living cost
28 574
28 574
28 574
28 574
Free-cash
94 934
102 037
51 714
78 335

Estimated living cost  is ₽28574 per week

₽18405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
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
₽98994
₽85116
₽85943
₽99758
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
-
-
-
245 000
unemployment
-
-
-
75
municipal
-
-
-
66 619
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
36 831
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
125 045
Employee
48 465
-
221 578
-
national
-
-
36 375
-
municipal
14 452
-
66 075
-
total
14 452
-
102 450
-
Employer
48 465
-
221 578
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
181 308
245 000
-
-
income
39 888
53 900
-
-
total
39 888
53 900
-
-
Dividends
141 420
191 100
-
-
withholding
42 426
57 330
-
-
total
42 426
57 330
-
-
Income
245 000
245 000
245 000
245 000
Total tax
111 994
111 230
125 871
125 045
After tax
133 006
133 770
119 129
119 955
Living cost
34 013
34 013
34 013
34 013
Free-cash
98 994
99 758
85 116
85 943

Estimated living cost  is ₽34013 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽69425
₽195574
₽131438
₽111181
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
-
-
-
245 000
income
-
-
-
47 755
social contributions
-
-
-
27 930
total
-
-
-
75 685
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
114 112
245 000
-
-
income
25 105
53 900
-
-
total
25 105
53 900
-
-
Dividends
89 007
191 100
-
-
income
19 582
42 042
-
-
total
19 582
42 042
-
-
Income
245 000
245 000
245 000
245 000
Total tax
137 698
95 942
11 549
75 685
After tax
107 302
149 058
233 451
169 315
Living cost
37 877
37 877
37 877
37 877
Free-cash
69 425
111 181
195 574
131 438

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽149714
₽134817
₽136683
₽152964
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
-
-
-
245 000
income
-
-
-
63 972
health
-
-
-
6 248
social contributions
-
-
-
12 679
total
-
-
-
82 899
Employee
60 260
60 260
233 927
-
health
599
1 025
3 977
-
income
6 328
5 578
62 968
-
social contributions
2 928
5 001
6 746
-
total
9 855
11 604
73 691
-
Employer
60 260
60 260
233 927
-
health
653
1 115
4 328
-
social contributions
2 928
5 001
6 746
-
total
3 581
6 116
11 074
-
Corporate
206 145
178 623
-
-
income
25 768
22 328
-
-
total
25 768
22 328
-
-
Dividends
180 377
156 295
-
-
withholding
30 664
26 570
-
-
total
30 664
26 570
-
-
Income
245 000
245 000
245 000
245 000
Total tax
69 868
66 618
84 765
82 899
After tax
175 132
178 382
160 235
162 101
Living cost
25 418
25 418
25 418
25 418
Free-cash
149 714
152 964
134 817
136 683

Estimated living cost  is ₽25418 per week

₽17376
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.
₽5630
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
₽124691
₽104391
₽125947
₽120206
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
-
-
-
245 000
income
-
-
-
81 870
pensions
-
-
-
9 047
total
-
-
-
90 917
Employee
38 621
-
212 989
-
health
504
-
2 654
-
pensions
2 948
-
10 311
-
income
7 033
-
67 497
-
total
10 485
-
80 462
-
Employer
38 621
-
212 989
-
health
734
-
4 047
-
pensions
3 902
-
27 964
-
total
4 636
-
32 011
-
Corporate
201 743
245 000
-
-
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.

38 332
46 549
-
-
total
38 332
46 549
-
-
Dividends
163 411
198 451
-
-
withholding
38 720
50 109
-
-
total
38 720
50 109
-
-
Income
245 000
245 000
245 000
245 000
Total tax
92 173
96 658
112 473
90 917
After tax
152 827
148 342
132 527
154 083
Living cost
28 136
28 136
28 136
28 136
Free-cash
124 691
120 206
104 391
125 947

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
₽94266
₽81351
₽87790
₽97828
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
-
-
-
245 000
municipal
-
-
-
1 852
regional
-
-
-
6 590
social contributions
-
-
-
39 222
national
-
-
-
78 327
total
-
-
-
125 991
Employee
66 037
-
245 000
-
social contributions
22 267
-
51 421
-
regional
997
-
6 184
-
national
11 160
-
73 082
-
municipal
394
-
1 743
-
total
34 818
-
132 430
-
Employer
66 037
-
245 000
-
total
-
-
-
-
Corporate
178 963
245 000
-
-
nationa
42 951
58 801
-
-
municipal
8 626
11 810
-
-
total
51 577
70 611
-
-
Dividends
127 387
174 390
-
-
withholding
33 120
45 342
-
-
total
33 120
45 342
-
-
Income
245 000
245 000
245 000
245 000
Total tax
119 515
115 953
132 430
125 991
After tax
125 485
129 047
112 570
119 009
Living cost
31 219
31 219
31 219
31 219
Free-cash
94 266
97 828
81 351
87 790

Estimated living cost  is ₽31219 per week

₽21930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
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
₽17276
₽120242
₽150346
₽3108
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
-
-
-
245 000
pensions
-
-
-
3 165
income
-
-
-
72 619
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
77 917
Employee
26 328
-
227 256
-
health
3 015
-
26 021
-
pensions
2 965
-
5 804
-
income
3 612
-
58 452
-
total
9 592
-
90 277
-
Employer
26 328
-
227 256
-
pensions
4 281
-
8 381
-
accident
440
-
3 795
-
unemployment
645
-
5 568
-
total
5 366
-
17 744
-
Corporate
213 307
245 000
-
-
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.

191 976
220 500
-
-
total
191 976
220 500
-
-
Dividends
21 331
24 500
-
-
withholding
4 053
4 655
-
-
total
4 053
4 655
-
-
Income
245 000
245 000
245 000
245 000
Total tax
210 987
225 155
108 021
77 917
After tax
34 013
19 845
136 979
167 083
Living cost
16 737
16 737
16 737
16 737
Free-cash
17 276
3 108
120 242
150 346

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽105909
₽116979
₽87050
₽95657
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.

-
-
-
245 000
trade
-
-
-
29 929
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.

-
-
-
87 594
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.

-
-
-
4 818
total
-
-
-
127 695
Employee

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

38 992
-
245 000
-
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
-
87 594
-
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
-
4 818
-
total
8 737
-
97 766
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 008
245 000
-
-
income
30 902
36 751
-
-
trade
29 562
35 158
-
-
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.

1 700
2 021
-
-
chamber of commerce
421
479
-
-
total
62 585
74 409
-
-
Dividends
143 424
170 592
-
-
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.

1 956
2 329
-
-
withholding
35 558
42 350
-
-
total
37 514
44 679
-
-
Income
245 000
245 000
245 000
245 000
Total tax
108 836
119 088
97 766
127 695
After tax
136 164
125 912
147 234
117 305
Living cost
30 255
30 255
30 255
30 255
Free-cash
105 909
95 657
116 979
87 050

Estimated living cost  is ₽30255 per week

₽20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
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
₽173269
₽93831
₽77430
₽179696
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.

-
-
-
245 000
income
-
-
-
58 765
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.

-
-
-
30 026
surtax
-
-
-
62 475
total
-
-
-
151 266
Employee
22 899
-
200 451
-
income
4 076
-
50 978
-
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
-
10 273
-
surtax
-
-
29 065
-
total
6 595
-
90 316
-
Employer
22 899
-
200 451
-
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
-
22 499
-
surtax
-
-
22 050
-
total
5 516
-
44 549
-
Corporate
216 585
245 000
-
-
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%.

43 316
49 000
-
-
total
43 316
49 000
-
-
Dividends

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

173 269
196 000
-
-
total
-
-
-
-
Income
245 000
245 000
245 000
245 000
Total tax
55 427
49 000
134 865
151 266
After tax
189 573
196 000
110 135
93 734
Living cost
16 304
16 304
16 304
16 304
Free-cash
173 269
179 696
93 831
77 430

Estimated living cost  is ₽16304 per week

₽10401
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
₽141536
₽143092
₽143786
₽143137
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
-
-
-
245 000
income
-
-
-
79 212
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
91 471
Employee
14 840
-
237 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
78 839
-
total
5 097
-
84 169
-
Employer
14 840
-
237 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
226 821
245 000
-
-
income
49 901
53 900
-
-
total
49 901
53 900
-
-
Dividends
176 921
191 100
-
-
withholding
35 384
38 220
-
-
total
35 384
38 220
-
-
Income
245 000
245 000
245 000
245 000
Total tax
93 721
92 120
92 165
91 471
After tax
151 279
152 880
152 835
153 529
Living cost
9 743
9 743
9 743
9 743
Free-cash
141 536
143 137
143 092
143 786

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
₽134009
₽92133
₽96923
₽136503
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
-
-
-
245 000
pensions
-
-
-
20 918
unemployment
-
-
-
178
income
-
-
-
86 410
other
-
-
-
-
health
-
-
-
7 425
surtax
-
-
-
15 544
total
-
-
-
130 475
Employee
26 391
-
222 984
-
health
674
-
2 666
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 976
-
income
4 424
-
81 722
-
other
-
-
-
-
surtax
94
-
14 605
-
total
8 790
-
113 249
-
Employer
26 391
-
222 984
-
health
1 200
-
4 759
-
pensions
3 519
-
13 942
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 016
-
Corporate
213 053
245 000
-
-
income
55 394
63 699
-
-
total
55 394
63 699
-
-
Dividends
157 659
181 301
-
-
withholding
23 649
27 196
-
-
total
23 649
27 196
-
-
Income
245 000
245 000
245 000
245 000
Total tax
93 389
90 895
135 265
130 475
After tax
151 611
154 105
109 735
114 525
Living cost
17 602
17 602
17 602
17 602
Free-cash
134 009
136 503
92 133
96 923

Estimated living cost  is ₽17602 per week

₽10627
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
₽109231
₽37351
₽99545
₽109618
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
-
-
-
245 000
pensions
-
-
-
16 937