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
₽ 111000
per

Your estimated
City
free-cash

Valencia , Spain
₽48190
₽36169
₽40062
₽52089
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
-
-
-
111 000
unemployment
-
-
-
526
income
-
-
-
26 123
other
-
-
-
75
accident
-
-
-
677
pensions
-
-
-
21 254
total
-
-
-
48 655
Employee
29 962
-
87 056
-
unemployment
464
-
1 164
-
pensions
1 409
-
3 531
-
income
5 776
-
23 835
-
other
29
-
75
-
total
7 678
-
28 605
-
Employer
29 962
-
87 056
-
pensions
7 070
-
17 725
-
accident
594
-
1 487
-
unemployment
1 648
-
4 130
-
other
240
-
601
-
total
9 552
-
23 943
-
Corporate
71 486
111 000
-
-
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.

10 722
16 650
-
-
total
10 722
16 650
-
-
Dividends
60 763
94 350
-
-
withholding
12 575
19 978
-
-
total
12 575
19 978
-
-
Income
111 000
111 000
111 000
111 000
Total tax
40 527
36 628
52 548
48 655
After tax
70 473
74 372
58 452
62 345
Living cost
22 283
22 283
22 283
22 283
Free-cash
48 190
52 089
36 169
40 062

Estimated living cost  is ₽22283 per week

₽15040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
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.
₽4710
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
₽54489
₽42080
₽37491
₽59960
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
-
-
-
111 000
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.

-
-
-
26 639
income
-
-
-
15 122
other
-
-
-
5 273
health
-
-
-
4 884
total
-
-
-
51 918
Employee
29 421
-
88 657
-
health
412
-
1 241
-
unemployment
294
-
887
-
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.

2 059
-
6 206
-
income
5 065
-
16 652
-
total
7 830
-
24 986
-
Employer
29 421
-
88 657
-
health
412
-
1 241
-
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.

5 002
-
15 073
-
accident
235
-
709
-
unemployment
294
-
887
-
other
1 472
-
4 433
-
total
7 415
-
22 343
-
Corporate
74 164
111 000
-
-
income
15 574
23 310
-
-
total
15 574
23 310
-
-
Dividends
58 590
87 690
-
-
withholding
4 101
6 139
-
-
total
4 101
6 139
-
-
Income
111 000
111 000
111 000
111 000
Total tax
34 920
29 449
47 329
51 918
After tax
76 080
81 551
63 671
59 082
Living cost
21 591
21 591
21 591
21 591
Free-cash
54 489
59 960
42 080
37 491

Estimated living cost  is ₽21591 per week

₽15256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
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.
₽4530
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
₽80517
₽80180
₽76169
₽84281
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
-
-
-
111 000
pensions

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

-
-
-
4 189
unemployment
-
-
-
113
income
-
-
-
16 650
health
-
-
-
3 255
total
-
-
-
24 207
Employee
14 068
-
105 447
-
health
647
-
1 302
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 235
-
2 485
-
income
1 407
-
10 545
-
total
3 444
-
14 643
-
Employer
14 068
-
105 447
-
health
971
-
1 953
-
pensions

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

1 550
-
3 119
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 760
-
5 553
-
Corporate
94 172
111 000
-
-
income
9 417
11 100
-
-
total
9 417
11 100
-
-
Dividends
84 754
99 900
-
-
withholding
4 238
4 995
-
-
total
4 238
4 995
-
-
Income
111 000
111 000
111 000
111 000
Total tax
19 859
16 095
20 196
24 207
After tax
91 141
94 905
90 804
86 793
Living cost
10 624
10 624
10 624
10 624
Free-cash
80 517
84 281
80 180
76 169

Estimated living cost  is ₽10624 per week

₽6203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
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.
₽3382
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
₽33007
₽36834
₽35341
₽28220
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
-
-
-
111 000
income
-
-
-
14 811
other
-
-
-
3 441
health
-
-
-
3 704
social contributions
-
-
-
3 163
pensions
-
-
-
22 817
surtax
-
-
-
-
total
-
-
-
47 936
Employee
34 680
-
87 784
-
pensions
3 921
-
5 325
-
income
2 047
-
15 401
-
social contributions
989
-
2 500
-
surtax
-
-
-
-
total
6 957
-
23 226
-
Employer
34 680
-
87 784
-
health
2 428
-
7 201
-
social contributions
105
-
263
-
pensions
5 697
-
9 105
-
unemployment
1 404
-
3 555
-
other
1 196
-
3 093
-
total
10 830
-
23 217
-
Corporate
65 490
111 000
-
-
income
18 337
31 080
-
-
surtax
-
-
-
-
total
18 337
31 080
-
-
Dividends
47 153
79 920
-
-
social contributions
8 110
13 747
-
-
surtax
-
-
-
-
withholding
6 036
10 230
-
-
total
14 146
23 977
-
-
Income
111 000
111 000
111 000
111 000
Total tax
50 270
55 057
46 443
47 936
After tax
60 730
55 943
64 557
63 064
Living cost
27 723
27 723
27 723
27 723
Free-cash
33 007
28 220
36 834
35 341

Estimated living cost  is ₽27723 per week

₽17481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽7518
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
₽15575
₽31185
₽29545
₽20537
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
-
-
-
111 000
pensions
-
-
-
9 494
income
-
-
-
28 024
health
-
-
-
9 992
total
-
-
-
47 510
Employee
69 197
69 197
95 941
-
health
10 621
9 034
9 992
-
pensions
12 455
9 494
9 494
-
income

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

11 326
11 326
11 326
-
total
34 402
29 854
30 812
-
Employer
69 197
69 197
95 941
-
health
4 810
4 810
5 977
-
pensions
4 816
4 816
5 986
-
unemployment
2 491
2 491
3 095
-
total
12 117
12 117
15 058
-
Corporate
30 535
29 686
-
-
income
6 106
5 937
-
-
total
6 106
5 937
-
-
Dividends
24 428
23 749
-
-
income
5 191
5 047
-
-
withholding
3 664
3 563
-
-
total
8 855
8 610
-
-
Income
111 000
111 000
111 000
111 000
Total tax
61 480
56 518
45 870
47 510
After tax
49 520
54 482
65 130
63 490
Living cost
33 945
33 945
33 945
33 945
Free-cash
15 575
20 537
31 185
29 545

Estimated living cost  is ₽33945 per week

₽24056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
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.
₽6289
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
₽40454
₽48434
₽36886
₽31492
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.

-
-
-
111 000
trade
-
-
-
11 548
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.

-
-
-
30 793
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.

-
-
-
5 536
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.

-
-
-
1 693
total
-
-
-
49 570
Employee

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

30 993
-
111 000
-
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.

5 536
-
5 536
-
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.

866
-
30 793
-
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.

48
-
1 693
-
total
6 450
-
38 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 007
111 000
-
-
income
12 002
16 650
-
-
trade
12 602
17 482
-
-
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.

660
916
-
-
chamber of commerce
238
283
-
-
total
25 502
35 331
-
-
Dividends
54 506
75 668
-
-
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.

732
1 024
-
-
withholding
13 318
18 609
-
-
total
14 050
19 633
-
-
Income
111 000
111 000
111 000
111 000
Total tax
46 002
54 964
38 022
49 570
After tax
64 998
56 036
72 978
61 430
Living cost
24 544
24 544
24 544
24 544
Free-cash
40 454
31 492
48 434
36 886

Estimated living cost  is ₽24544 per week

₽15439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2862
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.
₽5785
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
₽57909
₽57634
₽58696
₽62319
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
-
-
-
111 000
income
-
-
-
17 601
health
-
-
-
2 831
social contributions
-
-
-
13 111
total
-
-
-
33 543
Employee
62 309
62 309
102 135
-
health
483
1 059
1 736
-
income
6 784
5 768
17 029
-
social contributions
2 356
5 171
6 975
-
total
9 623
11 998
25 740
-
Employer
62 309
62 309
102 135
-
health
524
1 153
1 890
-
social contributions
2 356
5 171
6 975
-
total
2 880
6 324
8 865
-
Corporate
79 736
42 367
-
-
income
9 967
5 296
-
-
total
9 967
5 296
-
-
Dividends
69 769
37 071
-
-
withholding
11 860
6 302
-
-
total
11 860
6 302
-
-
Income
111 000
111 000
111 000
111 000
Total tax
34 330
29 920
34 605
33 543
After tax
76 670
81 080
76 395
77 457
Living cost
18 761
18 761
18 761
18 761
Free-cash
57 909
62 319
57 634
58 696

Estimated living cost  is ₽18761 per week

₽11244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽5262
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
₽36903
₽27649
₽35106
₽37720
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.

-
-
-
111 000
income
-
-
-
11 905
social contributions

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

-
-
-
38 572
surtax
-
-
-
-
total
-
-
-
50 477
Employee
37 268
-
89 697
-
income
7 752
-
26 765
-
social contributions
4 100
-
9 866
-
surtax
-
-
-
-
total
11 852
-
36 631
-
Employer
37 268
-
89 697
-
social contributions
8 851
-
21 303
-
total
8 851
-
21 303
-
Corporate
64 881
111 000
-
-
income
13 626
23 310
-
-
surtax
-
-
-
-
total
13 626
23 310
-
-
Dividends
51 255
87 690
-
-
withholding
14 351
24 553
-
-
total
14 351
24 553
-
-
Income
111 000
111 000
111 000
111 000
Total tax
48 680
47 863
57 934
50 477
After tax
62 320
63 137
53 066
60 523
Living cost
25 417
25 417
25 417
25 417
Free-cash
36 903
37 720
27 649
35 106

Estimated living cost  is ₽25417 per week

₽19017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽4476
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
₽98267
₽82751
₽103841
₽99401
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%.

-
-
-
111 000
microenterprise

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

-
-
-
1 110
total
-
-
-
1 110
Employee
7 561
-
111 000
-
income
1 512
-
22 200
-
total
1 512
-
22 200
-
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%.

103 439
111 000
-
-
total
-
-
-
-
Dividends
103 439
111 000
-
-
withholding
5 172
5 550
-
-
total
5 172
5 550
-
-
Income
111 000
111 000
111 000
111 000
Total tax
6 684
5 550
22 200
1 110
After tax
104 316
105 450
88 800
109 890
Living cost
6 049
6 049
6 049
6 049
Free-cash
98 267
99 401
82 751
103 841

Estimated living cost  is ₽6049 per week

₽3749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
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.
₽1631
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
₽47911
₽31150
₽34089
₽54689
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.

-
-
-
111 000
pensions
-
-
-
20 272
unemployment
-
-
-
166
income
-
-
-
23 817
health
-
-
-
10 922
total
-
-
-
55 177
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.

35 832
-
96 047
-
health
2 314
-
6 205
-
unemployment
51
-
134
-
pensions
5 554
-
14 887
-
income
6 179
-
21 938
-
total
14 098
-
43 164
-
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.

35 832
-
96 047
-
health
2 387
-
6 395
-
pensions
3 171
-
8 500
-
unemployment
22
-
57
-
total
5 580
-
14 952
-
Corporate
69 589
111 000
-
-
income
13 221
21 090
-
-
total
13 221
21 090
-
-
Dividends
56 368
89 910
-
-
withholding
8 456
13 487
-
-
total
8 456
13 487
-
-
Income
111 000
111 000
111 000
111 000
Total tax
41 355
34 577
58 116
55 177
After tax
69 645
76 423
52 884
55 823
Living cost
21 734
21 734
21 734
21 734
Free-cash
47 911
54 689
31 150
34 089

Estimated living cost  is ₽21734 per week

₽14916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽5005
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
₽41288
₽51446
₽53393
₽38455
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.

-
-
-
111 000
income
-
-
-
23 066
health

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

-
-
-
5 127
total
-
-
-
28 193
Employee
37 172
-
107 273
-
social contributions
3 724
-
3 727
-
income
4 033
-
22 686
-
total
7 757
-
26 413
-
Employer
37 172
-
107 273
-
social contributions
3 724
-
3 727
-
total
3 724
-
3 727
-
Corporate
70 103
111 000
-
-
income
24 536
38 850
-
-
total
24 536
38 850
-
-
Dividends
45 568
72 150
-
-
social contributions
4 281
4 281
-
-
total
4 281
4 281
-
-
Income
111 000
111 000
111 000
111 000
Total tax
40 298
43 131
30 140
28 193
After tax
70 702
67 869
80 860
82 807
Living cost
29 414
29 414
29 414
29 414
Free-cash
41 288
38 455
51 446
53 393

Estimated living cost  is ₽29414 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽7269
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
₽50959
₽52743
₽54100
₽50537
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
-
-
-
111 000
income
-
-
-
16 650
health
-
-
-
7 749
social contributions
-
-
-
15 319
total
-
-
-
39 718
Employee
27 474
-
111 000
-
health
1 918
-
7 749
-
income
4 582
-
18 007
-
social contributions
3 792
-
15 319
-
total
10 292
-
41 075
-
Employer
27 474
-
111 000
-
total
-
-
-
-
Corporate
83 526
111 000
-
-
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%.

4 176
5 550
-
-
total
4 176
5 550
-
-
Dividends
79 349
105 450
-
-
social contributions
10 950
14 553
-
-
withholding
11 902
15 817
-
-
health
5 539
7 361
-
-
total
28 391
37 731
-
-
Income
111 000
111 000
111 000
111 000
Total tax
42 859
43 281
41 075
39 718
After tax
68 141
67 719
69 925
71 282
Living cost
17 182
17 182
17 182
17 182
Free-cash
50 959
50 537
52 743
54 100

Estimated living cost  is ₽17182 per week

₽11499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽4227
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
₽45693
₽33680
₽36483
₽53774
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
-
-
-
111 000
income
-
-
-
10 435
health
-
-
-
14 985
social contributions
-
-
-
26 448
solidarity contribution
-
-
-
-
total
-
-
-
51 868
Employee
33 308
-
82 836
-
health
4 497
-
11 183
-
solidarity contribution
-
-
-
-
income
3 997
-
9 940
-
social contributions
2 165
-
5 384
-
total
10 659
-
26 507
-
Employer
33 308
-
82 836
-
health
2 998
-
7 455
-
social contributions
8 327
-
20 709
-
total
11 325
-
28 164
-
Corporate
66 368
111 000
-
-
income
12 610
21 090
-
-
total
12 610
21 090
-
-
Dividends
53 758
89 910
-
-
withholding
8 064
13 487
-
-
total
8 064
13 487
-
-
Income
111 000
111 000
111 000
111 000
Total tax
42 658
34 577
54 671
51 868
After tax
68 342
76 423
56 329
59 132
Living cost
22 649
22 649
22 649
22 649
Free-cash
45 693
53 774
33 680
36 483

Estimated living cost  is ₽22649 per week

₽16843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1255
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.
₽4159
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
₽94256
₽79374
₽100464
₽96024
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%.

-
-
-
111 000
microenterprise

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

-
-
-
1 110
total
-
-
-
1 110
Employee
11 782
-
111 000
-
income
2 357
-
22 200
-
total
2 357
-
22 200
-
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%.

99 218
111 000
-
-
total
-
-
-
-
Dividends
99 218
111 000
-
-
withholding
4 961
5 550
-
-
total
4 961
5 550
-
-
Income
111 000
111 000
111 000
111 000
Total tax
7 318
5 550
22 200
1 110
After tax
103 682
105 450
88 800
109 890
Living cost
9 426
9 426
9 426
9 426
Free-cash
94 256
96 024
79 374
100 464

Estimated living cost  is ₽9426 per week

₽6379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
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.
₽2335
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
₽22378
₽25420
₽23927
₽16806
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
-
-
-
111 000
income
-
-
-
14 811
other
-
-
-
3 441
health
-
-
-
3 704
social contributions
-
-
-
3 163
pensions
-
-
-
22 817
surtax
-
-
-
-
total
-
-
-
47 936
Employee
50 751
-
87 784
-
pensions
5 740
-
5 325
-
income
4 428
-
15 401
-
social contributions
1 445
-
2 500
-
surtax
-
-
-
-
total
11 613
-
23 226
-
Employer
50 751
-
87 784
-
health
3 552
-
7 201
-
social contributions
152
-
263
-
pensions
8 339
-
9 105
-
unemployment
2 056
-
3 555
-
other
1 751
-
3 093
-
total
15 850
-
23 217
-
Corporate
44 398
111 000
-
-
income
12 431
31 080
-
-
surtax
-
-
-
-
total
12 431
31 080
-
-
Dividends
31 967
79 920
-
-
social contributions
5 499
13 747
-
-
surtax
-
-
-
-
withholding
4 092
10 230
-
-
total
9 591
23 977
-
-
Income
111 000
111 000
111 000
111 000
Total tax
49 485
55 057
46 443
47 936
After tax
61 515
55 943
64 557
63 064
Living cost
39 137
39 137
39 137
39 137
Free-cash
22 378
16 806
25 420
23 927

Estimated living cost  is ₽39137 per week

₽26487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
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.
₽8911
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
₽62260
₽50100
₽50100
₽66233
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.

-
-
-
111 000
pensions
-
-
-
15 516
unemployment
-
-
-
895
income
-
-
-
24 377
health
-
-
-
6 147
total
-
-
-
46 935
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.

21 058
-
100 318
-
health
1 084
-
3 073
-
unemployment
158
-
448
-
pensions
2 948
-
8 355
-
income
2 903
-
24 377
-
total
7 093
-
36 253
-
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.

21 058
-
100 318
-
health
1 084
-
3 073
-
pensions
2 527
-
7 161
-
unemployment
158
-
448
-
total
3 769
-
10 682
-
Corporate
86 173
111 000
-
-
income
12 926
16 650
-
-
total
12 926
16 650
-
-
Dividends
73 247
94 350
-
-
withholding
10 987
14 152
-
-
total
10 987
14 152
-
-
Income
111 000
111 000
111 000
111 000
Total tax
34 775
30 802
46 935
46 935
After tax
76 225
80 198
64 065
64 065
Living cost
13 964
13 964
13 964
13 964
Free-cash
62 260
66 233
50 100
50 100

Estimated living cost  is ₽13964 per week

₽9402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽3078
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
₽18478
₽28943
₽34341
-₽5659
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
-
-
-
111 000
pensions
-
-
-
10 211
city
-
-
-
1 169
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.

-
-
-
2 220
health
-
-
-
249
regional
-
-
-
5 005
national
-
-
-
1 388
total
-
-
-
20 242
Employee
66 022
-
99 352
-
health
149
-
223
-
unemployment
-
-
-
-
city
709
-
1 068
-
pensions
5 547
-
8 346
-
regional
2 162
-
4 315
-
national
313
-
1 132
-
total
8 880
-
15 084
-
Employer
66 022
-
99 352
-
health
149
-
223
-
pensions
5 547
-
8 346
-
unemployment
-
-
-
-
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.

1 320
-
1 987
-
total
7 016
-
10 556
-
Corporate
37 236
111 000
-
-
regional
7 875
23 477
-
-
national
3 165
9 434
-
-
total
11 040
32 911
-
-
Dividends
26 196
78 089
-
-
withholding
9 169
27 331
-
-
total
9 169
27 331
-
-
Income
111 000
111 000
111 000
111 000
Total tax
36 105
60 242
25 640
20 242
After tax
74 895
50 758
85 360
90 758
Living cost
56 417
56 417
56 417
56 417
Free-cash
18 478
-5 659
28 943
34 341

Estimated living cost  is ₽56417 per week

₽36687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
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.
₽13974
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
₽41197
₽29136
₽44355
₽40405
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

-
-
-
111 000
municipal
-
-
-
19 733
health
-
-
-
1 372
national
-
-
-
14 430
total
-
-
-
35 535
Employee
42 632
-
93 378
-
health
318
-
1 099
-
unemployment
640
-
1 401
-
pensions
2 877
-
6 303
-
national
704
-
9 106
-
municipal
6 983
-
15 223
-
total
11 522
-
33 132
-
Employer
42 632
-
93 378
-
health
328
-
720
-
pensions
7 396
-
16 201
-
accident
43
-
94
-
unemployment
277
-
607
-
total
8 044
-
17 622
-
Corporate
60 324
111 000
-
-
income
12 065
22 200
-
-
total
12 065
22 200
-
-
Dividends

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

36 194
66 600
-
-
municipal
6 515
11 988
-
-
national
547
5 297
-
-
total
7 062
17 285
-
-
Income
111 000
111 000
111 000
111 000
Total tax
38 693
39 485
50 754
35 535
After tax
72 307
71 515
60 246
75 465
Living cost
31 110
31 110
31 110
31 110
Free-cash
41 197
40 405
29 136
44 355

Estimated living cost  is ₽31110 per week

₽20321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
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.
₽7303
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
₽20448
₽11306
₽19565
₽32599
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
-
-
-
111 000
communal

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

-
-
-
5 610
social contributions
-
-
-
17 496
national
-
-
-
38 784
total
-
-
-
61 890
Employee

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

57 962
-
85 972
-
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.

2 723
-
4 041
-
communal

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

3 023
-
4 484
-
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.

504
-
747
-
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.

4 347
-
6 448
-
national
17 820
-
29 401
-
total
28 417
-
45 121
-
Employer

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

57 962
-
85 972
-
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.

3 564
-
5 288
-
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.

5 136
-
7 618
-
surtax
6 572
-
9 749
-
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.

753
-
1 118
-
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.

846
-
1 255
-
total
16 871
-
25 028
-
Corporate
36 166
111 000
-
-
income
7 233
22 200
-
-
surtax
145
444
-
-
total
7 378
22 644
-
-
Dividends
28 788
88 356
-
-
withholding

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

8 341
26 212
-
-
total
8 341
26 212
-
-
Income
111 000
111 000
111 000
111 000
Total tax
61 007
48 856
70 149
61 890
After tax
49 993
62 144
40 851
49 110
Living cost
29 545
29 545
29 545
29 545
Free-cash
20 448
32 599
11 306
19 565

Estimated living cost  is ₽29545 per week

₽19031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
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.
₽7469
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
₽24853
₽23120
₽24063
₽25637
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
-
-
-
111 000
unemployment
-
-
-
77
municipal
-
-
-
26 479
other
-
-
-
8 905
health
-
-
-
4 782
national
-
-
-
3 287
accident
-
-
-
153
pensions
-
-
-
8 285
total
-
-
-
51 968
Employee
49 827
-
86 920
-
national
-
-
2 912
-
municipal
14 858
-
25 920
-
total
14 858
-
28 832
-
Employer
49 827
-
86 920
-
health
3 064
-
4 713
-
pensions
5 386
-
8 285
-
accident
100
-
153
-
unemployment
1 315
-
2 023
-
other
5 790
-
8 905
-
total
15 655
-
24 079
-
Corporate
45 517
111 000
-
-
income
10 014
24 420
-
-
total
10 014
24 420
-
-
Dividends
35 503
86 580
-
-
withholding
10 651
25 974
-
-
total
10 651
25 974
-
-
Income
111 000
111 000
111 000
111 000
Total tax
51 178
50 394
52 911
51 968
After tax
59 822
60 606
58 089
59 032
Living cost
34 969
34 969
34 969
34 969
Free-cash
24 853
25 637
23 120
24 063

Estimated living cost  is ₽34969 per week

₽23176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
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.
₽7830
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
-₽21944
₽60798
₽38238
₽29060
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
-
-
-
111 000
income
-
-
-
21 636
social contributions
-
-
-
12 654
total
-
-
-
34 290
Employee
55 164
-
-
-
income
12 168
-
-
-
social contributions
4 523
-
645
-
total
16 691
-
645
-
Employer
55 164
-
-
-
social contributions
77 781
-
11 085
-
total
77 781
-
11 085
-
Corporate
-
111 000
-
-
income
-
24 420
-
-
total
-
24 420
-
-
Dividends
-
86 580
-
-
income
-
19 048
-
-
total
-
19 048
-
-
Income
111 000
111 000
111 000
111 000
Total tax
94 472
43 468
11 730
34 290
After tax
16 528
67 532
99 270
76 710
Living cost
38 472
38 472
38 472
38 472
Free-cash
-21 944
29 060
60 798
38 238

Estimated living cost  is ₽38472 per week

₽24962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽9401
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
₽51436
₽50113
₽51175
₽54798
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
-
-
-
111 000
income
-
-
-
17 601
health
-
-
-
2 831
social contributions
-
-
-
13 111
total
-
-
-
33 543
Employee
62 309
62 309
102 135
-
health
620
1 059
1 736
-
income
6 543
5 768
17 029
-
social contributions
3 028
5 171
6 975
-
total
10 191
11 998
25 740
-
Employer
62 309
62 309
102 135
-
health
675
1 153
1 890
-
social contributions
3 028
5 171
6 975
-
total
3 703
6 324
8 865
-
Corporate
70 824
42 367
-
-
income
8 853
5 296
-
-
total
8 853
5 296
-
-
Dividends
61 972
37 071
-
-
withholding
10 535
6 302
-
-
total
10 535
6 302
-
-
Income
111 000
111 000
111 000
111 000
Total tax
33 282
29 920
34 605
33 543
After tax
77 718
81 080
76 395
77 457
Living cost
26 282
26 282
26 282
26 282
Free-cash
51 436
54 798
50 113
51 175

Estimated living cost  is ₽26282 per week

₽17967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5822
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
₽49806
₽36432
₽46625
₽46539
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
-
-
-
111 000
income
-
-
-
28 927
pensions
-
-
-
6 488
total
-
-
-
35 415
Employee
39 752
-
97 209
-
health
519
-
1 511
-
pensions
3 034
-
8 174
-
income
7 239
-
22 131
-
total
10 792
-
31 816
-
Employer
39 752
-
97 209
-
health
756
-
1 848
-
pensions
4 016
-
11 944
-
total
4 772
-
13 792
-
Corporate
66 477
111 000
-
-
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.

12 631
21 091
-
-
total
12 631
21 091
-
-
Dividends
53 846
89 909
-
-
withholding
4 039
14 410
-
-
total
4 039
14 410
-
-
Income
111 000
111 000
111 000
111 000
Total tax
32 234
35 501
45 608
35 415
After tax
78 766
75 499
65 392
75 585
Living cost
28 960
28 960
28 960
28 960
Free-cash
49 806
46 539
36 432
46 625

Estimated living cost  is ₽28960 per week

₽19866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2663
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
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.
₽6066
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
₽22502
₽16185
₽21262
₽26188
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
-
-
-
111 000
municipal
-
-
-
743
regional
-
-
-
2 493
social contributions
-
-
-
28 549
national
-
-
-
25 672
total
-
-
-
57 457
Employee
68 282
-
111 000
-
social contributions
23 024
-
37 429
-
regional
1 031
-
2 144
-
national
11 539
-
22 298
-
municipal
407
-
663
-
total
36 001
-
62 534
-
Employer
68 282
-
111 000
-
total
-
-
-
-
Corporate
42 718
111 000
-
-
nationa
10 252
26 639
-
-
municipal
2 059
5 350
-
-
total
12 311
31 989
-
-
Dividends
30 407
79 011
-
-
withholding
7 905
20 542
-
-
total
7 905
20 542
-
-
Income
111 000
111 000
111 000
111 000
Total tax
56 217
52 531
62 534
57 457
After tax
54 783
58 469
48 466
53 543
Living cost
32 281
32 281
32 281
32 281
Free-cash
22 502
26 188
16 185
21 262

Estimated living cost  is ₽32281 per week

₽22675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽6897
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
₽6357
₽42183
₽58797
-₽8188
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
-
-
-
111 000
pensions
-
-
-
3 249
income
-
-
-
29 586
other
-
-
-
289
health
-
-
-
1 703
accident
-
-
-
197
total
-
-
-
35 024
Employee
27 023
-
98 345
-
health
3 094
-
11 260
-
pensions
3 043
-
5 957
-
income
3 707
-
21 767
-
total
9 844
-
38 984
-
Employer
27 023
-
98 345
-
pensions
4 394
-
8 603
-
accident
451
-
1 642
-
unemployment
662
-
2 409
-
total
5 507
-
12 654
-
Corporate
78 469
111 000
-
-
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.

70 622
99 900
-
-
total
70 622
99 900
-
-
Dividends
7 847
11 100
-
-
withholding
1 491
2 109
-
-
total
1 491
2 109
-
-
Income
111 000
111 000
111 000
111 000
Total tax
87 464
102 009
51 638
35 024
After tax
23 536
8 991
59 362
75 976
Living cost
17 179
17 179
17 179
17 179
Free-cash
6 357
-8 188
42 183
58 797

Estimated living cost  is ₽17179 per week

₽12591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽359
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.
₽3278
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
₽36495
₽41694
₽31171
₽25894
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.

-
-
-
111 000
trade
-
-
-
10 523
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.

-
-
-
30 793
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.

-
-
-
5 536
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.

-
-
-
1 693
total
-
-
-
48 545
Employee

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

40 318
-
111 000
-
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.

5 536
-
5 536
-
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.

3 315
-
30 793
-
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.

183
-
1 693
-
total
9 034
-
38 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 682
111 000
-
-
income
10 603
16 650
-
-
trade
10 143
15 929
-
-
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.

583
916
-
-
chamber of commerce
226
286
-
-
total
21 555
33 781
-
-
Dividends
49 128
77 218
-
-
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.

658
1 044
-
-
withholding
11 974
18 997
-
-
total
12 632
20 041
-
-
Income
111 000
111 000
111 000
111 000
Total tax
43 221
53 822
38 022
48 545
After tax
67 779
57 178
72 978
62 455
Living cost
31 284
31 284
31 284
31 284
Free-cash
36 495
25 894
41 694
31 171

Estimated living cost  is ₽31284 per week

₽21580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽5883
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
₽65295
₽45366
₽17324
₽71942
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.

-
-
-
111 000
income
-
-
-
17 467
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.

-
-
-
31 046
surtax
-
-
-
28 305
total
-
-
-
76 818
Employee
23 678
-
89 450
-
income
4 215
-
17 388
-
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.

2 605
-
9 840
-
surtax
-
-
-
-
total
6 820
-
27 228
-
Employer
23 678
-
89 450
-
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.

5 703
-
21 548
-
surtax
-
-
-
-
total
5 703
-
21 548
-
Corporate
81 619
111 000
-
-
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%.

16 324
22 200
-
-
total
16 324
22 200
-
-
Dividends

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

65 295
88 800
-
-
total
-
-
-
-
Income
111 000
111 000
111 000
111 000
Total tax
28 847
22 200
48 776
76 818
After tax
82 153
88 800
62 224
34 182
Living cost
16 858
16 858
16 858
16 858
Free-cash
65 295
71 942
45 366
17 324

Estimated living cost  is ₽16858 per week

₽10755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
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.
₽4115
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
₽57688
₽55661
₽56368
₽59321
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
-
-
-
111 000
income
-
-
-
32 178
health
-
-
-
5 258
pensions
-
-
-
7 253
total
-
-
-
44 689
Employee
15 145
-
102 840
-
health
757
-
1 813
-
unemployment
151
-
363
-
pensions
1 363
-
3 264
-
income
2 930
-
31 797
-
total
5 201
-
37 237
-
Employer
15 145
-
102 840
-
health
1 439
-
3 445
-
pensions
1 666
-
3 989
-
unemployment
303
-
725
-
total
3 408
-
8 159
-
Corporate
92 447
111 000
-
-
income
20 338
24 420
-
-
total
20 338
24 420
-
-
Dividends
72 109
86 580
-
-
withholding
14 422
17 316
-
-
total
14 422
17 316
-
-
Income
111 000
111 000
111 000
111 000
Total tax
43 369
41 736
45 396
44 689
After tax
67 631
69 264
65 604
66 311
Living cost
9 943
9 943
9 943
9 943
Free-cash
57 688
59 321
55 661
56 368

Estimated living cost  is ₽9943 per week

₽5909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
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.
₽3001
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
₽49040
₽32261
₽34470
₽51618
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
-
-
-
111 000
pensions
-
-
-
21 629
unemployment
-
-
-
185
income
-
-
-
25 300
other
-
-
-
-
health
-
-
-
7 678
surtax
-
-
-
3 538
total
-
-
-
58 330
Employee
27 288
-
91 699
-
health
697
-
2 339
-
unemployment
1 899
-
6 382
-
pensions
1 821
-
6 117
-
income
4 575
-
23 209
-
other
-
-
-
-
surtax
97
-
3 191
-
total
9 089
-
41 238
-
Employer
27 288
-
91 699
-
health
1 241
-
4 172
-
pensions
3 638
-
12 223
-
unemployment
866
-
2 906
-
other
-
-
-
-
total
5 745
-
19 301
-
Corporate
77 967
111 000
-
-
income
20 272
28 860
-
-
total
20 272
28 860
-
-
Dividends
57 695
82 140
-
-
withholding
8 654
12 322
-
-
total
8 654
12 322
-
-
Income
111 000
111 000
111 000
111 000
Total tax
43 760
41 182
60 539
58 330
After tax
67 240
69 818
50 461
52 670
Living cost
18 200
18 200
18 200
18 200
Free-cash
49 040
51 618
32 261
34 470

Estimated living cost  is ₽18200 per week

₽10988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
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.
₽5208
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
₽35553
₽3997
₽30532
₽35955
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
-
-
-
111 000
pensions
-
-
-
17 513
chamber of commerce
-
-
-