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
₽ 112000
per

Your estimated
City
free-cash

Valencia , Spain
₽48887
₽36833
₽40724
₽52766
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
-
-
-
112 000
unemployment
-
-
-
525
income
-
-
-
26 509
other
-
-
-
75
accident
-
-
-
676
pensions
-
-
-
21 232
total
-
-
-
49 017
Employee
29 931
-
88 081
-
unemployment
464
-
1 163
-
pensions
1 407
-
3 527
-
income
5 770
-
24 224
-
other
29
-
75
-
total
7 670
-
28 989
-
Employer
29 931
-
88 081
-
pensions
7 063
-
17 707
-
accident
593
-
1 485
-
unemployment
1 647
-
4 126
-
other
240
-
601
-
total
9 543
-
23 919
-
Corporate
72 527
112 000
-
-
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.

10 879
16 800
-
-
total
10 879
16 800
-
-
Dividends
61 648
95 200
-
-
withholding
12 762
20 175
-
-
total
12 762
20 175
-
-
Income
112 000
112 000
112 000
112 000
Total tax
40 854
36 975
52 908
49 017
After tax
71 146
75 025
59 092
62 983
Living cost
22 259
22 259
22 259
22 259
Free-cash
48 887
52 766
36 833
40 724

Estimated living cost  is ₽22259 per week

₽15025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
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.
₽4705
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
₽55251
₽42644
₽38011
₽60718
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
-
-
-
112 000
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.

-
-
-
26 880
income
-
-
-
15 292
other
-
-
-
5 320
health
-
-
-
4 928
total
-
-
-
52 420
Employee
29 391
-
89 458
-
health
412
-
1 252
-
unemployment
293
-
894
-
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.

2 057
-
6 261
-
income
5 060
-
16 837
-
total
7 822
-
25 244
-
Employer
29 391
-
89 458
-
health
412
-
1 252
-
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.

4 997
-
15 208
-
accident
235
-
716
-
unemployment
293
-
894
-
other
1 470
-
4 473
-
total
7 407
-
22 543
-
Corporate
75 202
112 000
-
-
income
15 793
23 519
-
-
total
15 793
23 519
-
-
Dividends
59 409
88 481
-
-
withholding
4 158
6 194
-
-
total
4 158
6 194
-
-
Income
112 000
112 000
112 000
112 000
Total tax
35 180
29 713
47 787
52 420
After tax
76 820
82 287
64 213
59 580
Living cost
21 569
21 569
21 569
21 569
Free-cash
55 251
60 718
42 644
38 011

Estimated living cost  is ₽21569 per week

₽15240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
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.
₽4525
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
₽81370
₽81079
₽77018
₽85135
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
-
-
-
112 000
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
-
-
-
16 800
health
-
-
-
3 255
total
-
-
-
24 357
Employee
14 069
-
106 446
-
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
-
10 645
-
total
3 444
-
14 743
-
Employer
14 069
-
106 446
-
health
971
-
1 953
-
pensions

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

1 551
-
3 119
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 761
-
5 553
-
Corporate
95 170
112 000
-
-
income
9 517
11 200
-
-
total
9 517
11 200
-
-
Dividends
85 653
100 800
-
-
withholding
4 283
5 040
-
-
total
4 283
5 040
-
-
Income
112 000
112 000
112 000
112 000
Total tax
20 005
16 240
20 296
24 357
After tax
91 995
95 760
91 704
87 643
Living cost
10 625
10 625
10 625
10 625
Free-cash
81 370
85 135
81 079
77 018

Estimated living cost  is ₽10625 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
₽33535
₽37282
₽35913
₽28752
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
-
-
-
112 000
income
-
-
-
15 060
other
-
-
-
3 472
health
-
-
-
3 782
social contributions
-
-
-
3 191
pensions
-
-
-
22 887
surtax
-
-
-
-
total
-
-
-
48 392
Employee
34 644
-
88 493
-
pensions
3 917
-
5 401
-
income
2 045
-
15 594
-
social contributions
988
-
2 521
-
surtax
-
-
-
-
total
6 950
-
23 516
-
Employer
34 644
-
88 493
-
health
2 426
-
7 298
-
social contributions
104
-
266
-
pensions
5 691
-
9 228
-
unemployment
1 402
-
3 584
-
other
1 195
-
3 131
-
total
10 818
-
23 507
-
Corporate
66 537
112 000
-
-
income
18 630
31 360
-
-
surtax
-
-
-
-
total
18 630
31 360
-
-
Dividends
47 907
80 640
-
-
social contributions
8 240
13 870
-
-
surtax
-
-
-
-
withholding
6 132
10 323
-
-
total
14 372
24 193
-
-
Income
112 000
112 000
112 000
112 000
Total tax
50 770
55 553
47 023
48 392
After tax
61 230
56 447
64 977
63 608
Living cost
27 695
27 695
27 695
27 695
Free-cash
33 535
28 752
37 282
35 913

Estimated living cost  is ₽27695 per week

₽17463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
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.
₽7510
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
₽16124
₽32266
₽30051
₽21084
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
-
-
-
112 000
pensions
-
-
-
9 484
income
-
-
-
28 573
health
-
-
-
9 982
total
-
-
-
48 039
Employee
69 125
69 125
96 957
-
health
10 610
9 025
9 982
-
pensions
12 443
9 484
9 484
-
income

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

11 315
11 315
11 315
-
total
34 368
29 824
30 781
-
Employer
69 125
69 125
96 957
-
health
4 805
4 805
5 971
-
pensions
4 811
4 811
5 980
-
unemployment
2 489
2 489
3 092
-
total
12 105
12 105
15 043
-
Corporate
31 618
30 770
-
-
income
6 324
6 154
-
-
total
6 324
6 154
-
-
Dividends
25 294
24 617
-
-
income
5 375
5 230
-
-
withholding
3 794
3 693
-
-
total
9 169
8 923
-
-
Income
112 000
112 000
112 000
112 000
Total tax
61 966
57 006
45 824
48 039
After tax
50 034
54 994
66 176
63 961
Living cost
33 910
33 910
33 910
33 910
Free-cash
16 124
21 084
32 266
30 051

Estimated living cost  is ₽33910 per week

₽24031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
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.
₽6283
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
₽40974
₽49006
₽37293
₽32019
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.

-
-
-
112 000
trade
-
-
-
11 713
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.

-
-
-
31 229
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.

-
-
-
5 530
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.

-
-
-
1 717
total
-
-
-
50 189
Employee

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

30 961
-
112 000
-
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.

5 530
-
5 530
-
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.

865
-
31 229
-
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
-
1 717
-
total
6 443
-
38 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 039
112 000
-
-
income
12 155
16 800
-
-
trade
12 764
17 641
-
-
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.

668
925
-
-
chamber of commerce
240
284
-
-
total
25 827
35 650
-
-
Dividends
55 213
76 350
-
-
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.

742
1 032
-
-
withholding
13 496
18 781
-
-
total
14 238
19 813
-
-
Income
112 000
112 000
112 000
112 000
Total tax
46 508
55 463
38 476
50 189
After tax
65 492
56 537
73 524
61 811
Living cost
24 518
24 518
24 518
24 518
Free-cash
40 974
32 019
49 006
37 293

Estimated living cost  is ₽24518 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
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.
₽5779
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
₽58661
₽58273
₽59343
₽63064
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
-
-
-
112 000
income
-
-
-
17 963
health
-
-
-
2 856
social contributions
-
-
-
13 097
total
-
-
-
33 916
Employee
62 244
62 244
103 124
-
health
482
1 058
1 753
-
income
6 777
5 762
17 389
-
social contributions
2 353
5 166
6 968
-
total
9 612
11 986
26 110
-
Employer
62 244
62 244
103 124
-
health
524
1 152
1 908
-
social contributions
2 353
5 166
6 968
-
total
2 877
6 318
8 876
-
Corporate
80 768
43 438
-
-
income
10 095
5 430
-
-
total
10 095
5 430
-
-
Dividends
70 673
38 008
-
-
withholding
12 014
6 461
-
-
total
12 014
6 461
-
-
Income
112 000
112 000
112 000
112 000
Total tax
34 598
30 195
34 986
33 916
After tax
77 402
81 805
77 014
78 084
Living cost
18 741
18 741
18 741
18 741
Free-cash
58 661
63 064
58 273
59 343

Estimated living cost  is ₽18741 per week

₽11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
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.
₽5257
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
₽37500
₽28061
₽35631
₽38317
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.

-
-
-
112 000
income
-
-
-
12 058
social contributions

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

-
-
-
38 921
surtax
-
-
-
-
total
-
-
-
50 979
Employee
37 229
-
90 505
-
income
7 744
-
27 098
-
social contributions
4 095
-
9 956
-
surtax
-
-
-
-
total
11 839
-
37 054
-
Employer
37 229
-
90 505
-
social contributions
8 842
-
21 495
-
total
8 842
-
21 495
-
Corporate
65 929
112 000
-
-
income
13 845
23 519
-
-
surtax
-
-
-
-
total
13 845
23 519
-
-
Dividends
52 084
88 481
-
-
withholding
14 584
24 774
-
-
total
14 584
24 774
-
-
Income
112 000
112 000
112 000
112 000
Total tax
49 110
48 293
58 549
50 979
After tax
62 890
63 707
53 451
61 021
Living cost
25 390
25 390
25 390
25 390
Free-cash
37 500
38 317
28 061
35 631

Estimated living cost  is ₽25390 per week

₽18997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1498
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.
₽4472
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
₽99219
₽83553
₽104833
₽100353
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%.

-
-
-
112 000
microenterprise

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

-
-
-
1 120
total
-
-
-
1 120
Employee
7 559
-
112 000
-
income
1 512
-
22 400
-
total
1 512
-
22 400
-
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%.

104 441
112 000
-
-
total
-
-
-
-
Dividends
104 441
112 000
-
-
withholding
5 222
5 600
-
-
total
5 222
5 600
-
-
Income
112 000
112 000
112 000
112 000
Total tax
6 734
5 600
22 400
1 120
After tax
105 266
106 400
89 600
110 880
Living cost
6 047
6 047
6 047
6 047
Free-cash
99 219
100 353
83 553
104 833

Estimated living cost  is ₽6047 per week

₽3748
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
₽48630
₽31575
₽34544
₽55400
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.

-
-
-
112 000
pensions
-
-
-
20 453
unemployment
-
-
-
167
income
-
-
-
24 104
health
-
-
-
11 020
total
-
-
-
55 744
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.

35 795
-
96 911
-
health
2 312
-
6 260
-
unemployment
51
-
135
-
pensions
5 548
-
15 022
-
income
6 173
-
22 207
-
total
14 084
-
43 624
-
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.

35 795
-
96 911
-
health
2 384
-
6 455
-
pensions
3 167
-
8 576
-
unemployment
22
-
58
-
total
5 573
-
15 089
-
Corporate
70 632
112 000
-
-
income
13 419
21 280
-
-
total
13 419
21 280
-
-
Dividends
57 213
90 720
-
-
withholding
8 582
13 608
-
-
total
8 582
13 608
-
-
Income
112 000
112 000
112 000
112 000
Total tax
41 658
34 888
58 713
55 744
After tax
70 342
77 112
53 287
56 256
Living cost
21 712
21 712
21 712
21 712
Free-cash
48 630
55 400
31 575
34 544

Estimated living cost  is ₽21712 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽5000
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
₽41970
₽52116
₽54450
₽39139
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.

-
-
-
112 000
income
-
-
-
23 042
health

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

-
-
-
5 124
total
-
-
-
28 166
Employee
37 134
-
108 276
-
social contributions
3 720
-
3 724
-
income
4 029
-
23 052
-
total
7 749
-
26 776
-
Employer
37 134
-
108 276
-
social contributions
3 720
-
3 724
-
total
3 720
-
3 724
-
Corporate
71 146
112 000
-
-
income
24 900
39 200
-
-
total
24 900
39 200
-
-
Dividends
46 246
72 800
-
-
social contributions
4 277
4 277
-
-
total
4 277
4 277
-
-
Income
112 000
112 000
112 000
112 000
Total tax
40 646
43 477
30 500
28 166
After tax
71 354
68 523
81 500
83 834
Living cost
29 384
29 384
29 384
29 384
Free-cash
41 970
39 139
52 116
54 450

Estimated living cost  is ₽29384 per week

₽19355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽7261
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
₽51586
₽53352
₽54763
₽51164
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
-
-
-
112 000
income
-
-
-
16 800
health
-
-
-
7 817
social contributions
-
-
-
15 456
total
-
-
-
40 073
Employee
27 446
-
112 000
-
health
1 916
-
7 817
-
income
4 578
-
18 211
-
social contributions
3 788
-
15 456
-
total
10 282
-
41 484
-
Employer
27 446
-
112 000
-
total
-
-
-
-
Corporate
84 554
112 000
-
-
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%.

4 227
5 601
-
-
total
4 227
5 601
-
-
Dividends
80 327
106 399
-
-
social contributions
11 085
14 684
-
-
withholding
12 049
15 960
-
-
health
5 607
7 427
-
-
total
28 741
38 071
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 250
43 672
41 484
40 073
After tax
68 750
68 328
70 516
71 927
Living cost
17 164
17 164
17 164
17 164
Free-cash
51 586
51 164
53 352
54 763

Estimated living cost  is ₽17164 per week

₽11487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
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.
₽4223
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
₽46426
₽34218
₽37280
₽54494
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
-
-
-
112 000
income
-
-
-
10 570
health
-
-
-
15 120
social contributions
-
-
-
26 412
solidarity contribution
-
-
-
-
total
-
-
-
52 102
Employee
33 261
-
83 582
-
health
4 490
-
11 284
-
solidarity contribution
-
-
-
-
income
3 991
-
10 030
-
social contributions
2 162
-
5 433
-
total
10 643
-
26 747
-
Employer
33 261
-
83 582
-
health
2 993
-
7 522
-
social contributions
8 315
-
20 895
-
total
11 308
-
28 417
-
Corporate
67 430
112 000
-
-
income
12 812
21 280
-
-
total
12 812
21 280
-
-
Dividends
54 618
90 720
-
-
withholding
8 193
13 608
-
-
total
8 193
13 608
-
-
Income
112 000
112 000
112 000
112 000
Total tax
42 956
34 888
55 164
52 102
After tax
69 044
77 112
56 836
59 898
Living cost
22 618
22 618
22 618
22 618
Free-cash
46 426
54 494
34 218
37 280

Estimated living cost  is ₽22618 per week

₽16820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
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.
₽4153
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
₽95210
₽80177
₽101457
₽96977
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%.

-
-
-
112 000
microenterprise

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

-
-
-
1 120
total
-
-
-
1 120
Employee
11 779
-
112 000
-
income
2 356
-
22 400
-
total
2 356
-
22 400
-
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%.

100 221
112 000
-
-
total
-
-
-
-
Dividends
100 221
112 000
-
-
withholding
5 011
5 600
-
-
total
5 011
5 600
-
-
Income
112 000
112 000
112 000
112 000
Total tax
7 367
5 600
22 400
1 120
After tax
104 633
106 400
89 600
110 880
Living cost
9 423
9 423
9 423
9 423
Free-cash
95 210
96 977
80 177
101 457

Estimated living cost  is ₽9423 per week

₽6377
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
₽22915
₽25881
₽24512
₽17351
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
-
-
-
112 000
income
-
-
-
15 060
other
-
-
-
3 472
health
-
-
-
3 782
social contributions
-
-
-
3 191
pensions
-
-
-
22 887
surtax
-
-
-
-
total
-
-
-
48 392
Employee
50 698
-
88 493
-
pensions
5 734
-
5 401
-
income
4 424
-
15 594
-
social contributions
1 444
-
2 521
-
surtax
-
-
-
-
total
11 602
-
23 516
-
Employer
50 698
-
88 493
-
health
3 548
-
7 298
-
social contributions
152
-
266
-
pensions
8 330
-
9 228
-
unemployment
2 054
-
3 584
-
other
1 750
-
3 131
-
total
15 834
-
23 507
-
Corporate
45 467
112 000
-
-
income
12 731
31 360
-
-
surtax
-
-
-
-
total
12 731
31 360
-
-
Dividends
32 736
80 640
-
-
social contributions
5 631
13 870
-
-
surtax
-
-
-
-
withholding
4 191
10 323
-
-
total
9 822
24 193
-
-
Income
112 000
112 000
112 000
112 000
Total tax
49 989
55 553
47 023
48 392
After tax
62 011
56 447
64 977
63 608
Living cost
39 096
39 096
39 096
39 096
Free-cash
22 915
17 351
25 881
24 512

Estimated living cost  is ₽39096 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
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.
₽8902
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
₽63005
₽50891
₽50891
₽66972
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.

-
-
-
112 000
pensions
-
-
-
15 497
unemployment
-
-
-
894
income
-
-
-
24 631
health
-
-
-
6 139
total
-
-
-
47 161
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.

21 032
-
101 331
-
health
1 083
-
3 070
-
unemployment
158
-
447
-
pensions
2 944
-
8 344
-
income
2 899
-
24 631
-
total
7 084
-
36 492
-
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.

21 032
-
101 331
-
health
1 083
-
3 070
-
pensions
2 524
-
7 152
-
unemployment
158
-
447
-
total
3 765
-
10 669
-
Corporate
87 203
112 000
-
-
income
13 080
16 800
-
-
total
13 080
16 800
-
-
Dividends
74 123
95 200
-
-
withholding
11 118
14 280
-
-
total
11 118
14 280
-
-
Income
112 000
112 000
112 000
112 000
Total tax
35 047
31 080
47 161
47 161
After tax
76 953
80 920
64 839
64 839
Living cost
13 948
13 948
13 948
13 948
Free-cash
63 005
66 972
50 891
50 891

Estimated living cost  is ₽13948 per week

₽9391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
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.
₽3074
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
₽18976
₽29736
₽35179
-₽5135
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
-
-
-
112 000
pensions
-
-
-
10 303
city
-
-
-
1 181
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.

-
-
-
2 240
health
-
-
-
252
regional
-
-
-
5 080
national
-
-
-
1 416
total
-
-
-
20 472
Employee
65 943
-
100 247
-
health
149
-
226
-
unemployment
-
-
-
-
city
708
-
1 077
-
pensions
5 540
-
8 420
-
regional
2 159
-
4 384
-
national
312
-
1 158
-
total
8 868
-
15 265
-
Employer
65 943
-
100 247
-
health
149
-
226
-
pensions
5 540
-
8 420
-
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.

1 318
-
2 004
-
total
7 007
-
10 650
-
Corporate
38 325
112 000
-
-
regional
8 106
23 689
-
-
national
3 258
9 520
-
-
total
11 364
33 209
-
-
Dividends
26 961
78 791
-
-
withholding
9 436
27 577
-
-
total
9 436
27 577
-
-
Income
112 000
112 000
112 000
112 000
Total tax
36 675
60 786
25 915
20 472
After tax
75 325
51 214
86 085
91 528
Living cost
56 349
56 349
56 349
56 349
Free-cash
18 976
-5 135
29 736
35 179

Estimated living cost  is ₽56349 per week

₽36643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
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.
₽13957
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
₽41886
₽29620
₽44977
₽41005
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

-
-
-
112 000
municipal
-
-
-
19 910
health
-
-
-
1 387
national
-
-
-
14 648
total
-
-
-
35 945
Employee
42 588
-
94 221
-
health
318
-
1 114
-
unemployment
639
-
1 413
-
pensions
2 874
-
6 360
-
national
704
-
9 276
-
municipal
6 975
-
15 360
-
total
11 510
-
33 523
-
Employer
42 588
-
94 221
-
health
327
-
725
-
pensions
7 389
-
16 347
-
accident
43
-
94
-
unemployment
277
-
613
-
total
8 036
-
17 779
-
Corporate
61 377
112 000
-
-
income
12 275
22 400
-
-
total
12 275
22 400
-
-
Dividends

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

36 826
67 200
-
-
municipal
6 628
12 095
-
-
national
587
5 422
-
-
total
7 215
17 517
-
-
Income
112 000
112 000
112 000
112 000
Total tax
39 036
39 917
51 302
35 945
After tax
72 964
72 083
60 698
76 055
Living cost
31 078
31 078
31 078
31 078
Free-cash
41 886
41 005
29 620
44 977

Estimated living cost  is ₽31078 per week

₽20300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
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.
₽7295
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
₽21046
₽11628
₽19964
₽33187
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
-
-
-
112 000
communal

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

-
-
-
5 662
social contributions
-
-
-
17 637
national
-
-
-
39 223
total
-
-
-
62 522
Employee

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

57 902
-
86 746
-
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.

2 720
-
4 077
-
communal

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

3 020
-
4 524
-
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
-
754
-
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.

4 343
-
6 505
-
national
17 801
-
29 747
-
total
28 388
-
45 607
-
Employer

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

57 902
-
86 746
-
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.

3 561
-
5 335
-
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.

5 131
-
7 685
-
surtax
6 565
-
9 837
-
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
-
1 128
-
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.

845
-
1 266
-
total
16 855
-
25 251
-
Corporate
37 244
112 000
-
-
income
7 449
22 400
-
-
surtax
149
449
-
-
total
7 598
22 849
-
-
Dividends
29 647
89 152
-
-
withholding

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

8 599
26 450
-
-
total
8 599
26 450
-
-
Income
112 000
112 000
112 000
112 000
Total tax
61 440
49 299
70 858
62 522
After tax
50 560
62 701
41 142
49 478
Living cost
29 514
29 514
29 514
29 514
Free-cash
21 046
33 187
11 628
19 964

Estimated living cost  is ₽29514 per week

₽19011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽7461
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
₽25460
₽23680
₽24620
₽26245
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
-
-
-
112 000
unemployment
-
-
-
77
municipal
-
-
-
26 789
other
-
-
-
8 890
health
-
-
-
4 774
national
-
-
-
3 520
accident
-
-
-
153
pensions
-
-
-
8 270
total
-
-
-
52 473
Employee
49 740
-
87 962
-
national
-
-
3 145
-
municipal
14 832
-
26 230
-
total
14 832
-
29 375
-
Employer
49 740
-
87 962
-
health
3 059
-
4 705
-
pensions
5 377
-
8 270
-
accident
100
-
153
-
unemployment
1 313
-
2 020
-
other
5 780
-
8 890
-
total
15 629
-
24 038
-
Corporate
46 632
112 000
-
-
income
10 259
24 640
-
-
total
10 259
24 640
-
-
Dividends
36 373
87 360
-
-
withholding
10 912
26 208
-
-
total
10 912
26 208
-
-
Income
112 000
112 000
112 000
112 000
Total tax
51 632
50 848
53 413
52 473
After tax
60 368
61 152
58 587
59 527
Living cost
34 908
34 908
34 908
34 908
Free-cash
25 460
26 245
23 680
24 620

Estimated living cost  is ₽34908 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽7817
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
-₽20587
₽61933
₽39032
₽29772
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
-
-
-
112 000
income
-
-
-
21 831
social contributions
-
-
-
12 768
total
-
-
-
34 599
Employee
55 015
-
-
-
income
12 135
-
-
-
social contributions
4 511
-
643
-
total
16 646
-
643
-
Employer
55 015
-
-
-
social contributions
77 572
-
11 055
-
total
77 572
-
11 055
-
Corporate
-
112 000
-
-
income
-
24 640
-
-
total
-
24 640
-
-
Dividends
-
87 360
-
-
income
-
19 219
-
-
total
-
19 219
-
-
Income
112 000
112 000
112 000
112 000
Total tax
94 218
43 859
11 698
34 599
After tax
17 782
68 141
100 302
77 401
Living cost
38 369
38 369
38 369
38 369
Free-cash
-20 587
29 772
61 933
39 032

Estimated living cost  is ₽38369 per week

₽24895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽9376
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
₽52193
₽50759
₽51829
₽55550
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
-
-
-
112 000
income
-
-
-
17 963
health
-
-
-
2 856
social contributions
-
-
-
13 097
total
-
-
-
33 916
Employee
62 244
62 244
103 124
-
health
619
1 058
1 753
-
income
6 536
5 762
17 389
-
social contributions
3 025
5 166
6 968
-
total
10 180
11 986
26 110
-
Employer
62 244
62 244
103 124
-
health
674
1 152
1 908
-
social contributions
3 025
5 166
6 968
-
total
3 699
6 318
8 876
-
Corporate
71 866
43 438
-
-
income
8 983
5 430
-
-
total
8 983
5 430
-
-
Dividends
62 883
38 008
-
-
withholding
10 690
6 461
-
-
total
10 690
6 461
-
-
Income
112 000
112 000
112 000
112 000
Total tax
33 552
30 195
34 986
33 916
After tax
78 448
81 805
77 014
78 084
Living cost
26 255
26 255
26 255
26 255
Free-cash
52 193
55 550
50 759
51 829

Estimated living cost  is ₽26255 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
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.
₽5816
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
₽50585
₽36953
₽47230
₽47099
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
-
-
-
112 000
income
-
-
-
29 332
pensions
-
-
-
6 504
total
-
-
-
35 836
Employee
39 716
-
98 072
-
health
518
-
1 520
-
pensions
3 031
-
8 185
-
income
7 233
-
22 480
-
total
10 782
-
32 185
-
Employer
39 716
-
98 072
-
health
755
-
1 863
-
pensions
4 013
-
12 065
-
total
4 768
-
13 928
-
Corporate
67 516
112 000
-
-
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.

12 829
21 279
-
-
total
12 829
21 279
-
-
Dividends
54 687
90 721
-
-
withholding
4 102
14 688
-
-
total
4 102
14 688
-
-
Income
112 000
112 000
112 000
112 000
Total tax
32 481
35 967
46 113
35 836
After tax
79 519
76 033
65 887
76 164
Living cost
28 934
28 934
28 934
28 934
Free-cash
50 585
47 099
36 953
47 230

Estimated living cost  is ₽28934 per week

₽19849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
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.
₽6061
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
₽23063
₽16591
₽21715
₽26747
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
-
-
-
112 000
municipal
-
-
-
748
regional
-
-
-
2 523
social contributions
-
-
-
28 807
national
-
-
-
25 960
total
-
-
-
58 038
Employee
68 211
-
112 000
-
social contributions
23 000
-
37 767
-
regional
1 030
-
2 171
-
national
11 527
-
22 556
-
municipal
407
-
668
-
total
35 964
-
63 162
-
Employer
68 211
-
112 000
-
total
-
-
-
-
Corporate
43 789
112 000
-
-
nationa
10 510
26 880
-
-
municipal
2 111
5 398
-
-
total
12 621
32 278
-
-
Dividends
31 169
79 722
-
-
withholding
8 105
20 728
-
-
total
8 105
20 728
-
-
Income
112 000
112 000
112 000
112 000
Total tax
56 690
53 006
63 162
58 038
After tax
55 310
58 994
48 838
53 962
Living cost
32 247
32 247
32 247
32 247
Free-cash
23 063
26 747
16 591
21 715

Estimated living cost  is ₽32247 per week

₽22652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
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.
₽6889
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
₽6444
₽42807
₽59513
-₽8069
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
-
-
-
112 000
pensions
-
-
-
3 242
income
-
-
-
29 919
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
35 346
Employee
26 964
-
99 324
-
health
3 087
-
11 373
-
pensions
3 036
-
5 944
-
income
3 699
-
22 058
-
total
9 822
-
39 375
-
Employer
26 964
-
99 324
-
pensions
4 384
-
8 584
-
accident
450
-
1 659
-
unemployment
661
-
2 434
-
total
5 495
-
12 677
-
Corporate
79 541
112 000
-
-
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.

71 587
100 800
-
-
total
71 587
100 800
-
-
Dividends
7 954
11 200
-
-
withholding
1 511
2 128
-
-
total
1 511
2 128
-
-
Income
112 000
112 000
112 000
112 000
Total tax
88 415
102 928
52 052
35 346
After tax
23 585
9 072
59 948
76 654
Living cost
17 141
17 141
17 141
17 141
Free-cash
6 444
-8 069
42 807
59 513

Estimated living cost  is ₽17141 per week

₽12563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
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.
₽3271
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
₽37032
₽42273
₽31602
₽26440
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.

-
-
-
112 000
trade
-
-
-
10 671
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.

-
-
-
31 229
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.

-
-
-
5 530
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.

-
-
-
1 717
total
-
-
-
49 147
Employee

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

40 276
-
112 000
-
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.

5 530
-
5 530
-
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.

3 312
-
31 229
-
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
-
1 717
-
total
9 025
-
38 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 724
112 000
-
-
income
10 759
16 800
-
-
trade
10 292
16 072
-
-
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.

591
925
-
-
chamber of commerce
227
287
-
-
total
21 869
34 084
-
-
Dividends
49 854
77 915
-
-
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.

668
1 054
-
-
withholding
12 155
19 171
-
-
total
12 823
20 225
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 717
54 309
38 476
49 147
After tax
68 283
57 691
73 524
62 853
Living cost
31 251
31 251
31 251
31 251
Free-cash
37 032
26 440
42 273
31 602

Estimated living cost  is ₽31251 per week

₽21558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽5877
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
₽66121
₽45936
₽17882
₽72760
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.

-
-
-
112 000
income
-
-
-
17 705
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.

-
-
-
31 014
surtax
-
-
-
28 559
total
-
-
-
77 278
Employee
23 653
-
90 256
-
income
4 210
-
17 554
-
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.

2 602
-
9 928
-
surtax
-
-
-
-
total
6 812
-
27 482
-
Employer
23 653
-
90 256
-
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.

5 697
-
21 742
-
surtax
-
-
-
-
total
5 697
-
21 742
-
Corporate
82 650
112 000
-
-
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%.

16 530
22 400
-
-
total
16 530
22 400
-
-
Dividends

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

66 119
89 600
-
-
total
-
-
-
-
Income
112 000
112 000
112 000
112 000
Total tax
29 039
22 400
49 224
77 278
After tax
82 961
89 600
62 776
34 722
Living cost
16 840
16 840
16 840
16 840
Free-cash
66 121
72 760
45 936
17 882

Estimated living cost  is ₽16840 per week

₽10744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
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.
₽4111
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
₽58317
₽56315
₽57024
₽59949
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
-
-
-
112 000
income
-
-
-
32 531
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
45 037
Employee
15 139
-
103 844
-
health
757
-
1 813
-
unemployment
151
-
363
-
pensions
1 362
-
3 263
-
income
2 929
-
32 150
-
total
5 199
-
37 589
-
Employer
15 139
-
103 844
-
health
1 438
-
3 444
-
pensions
1 665
-
3 988
-
unemployment
303
-
725
-
total
3 406
-
8 157
-
Corporate
93 455
112 000
-
-
income
20 560
24 640
-
-
total
20 560
24 640
-
-
Dividends
72 895
87 360
-
-
withholding
14 579
17 472
-
-
total
14 579
17 472
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 744
42 112
45 746
45 037
After tax
68 256
69 888
66 254
66 963
Living cost
9 939
9 939
9 939
9 939
Free-cash
58 317
59 949
56 315
57 024

Estimated living cost  is ₽9939 per week

₽5907
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.
₽2999
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
₽49689
₽32596
₽34962
₽52266
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
-
-
-
112 000
pensions
-
-
-
21 607
unemployment
-
-
-
184
income
-
-
-
25 776
other
-
-
-
-
health
-
-
-
7 670
surtax
-
-
-
3 619
total
-
-
-
58 856
Employee
27 260
-
92 524
-
health
696
-
2 359
-
unemployment
1 897
-
6 439
-
pensions
1 819
-
6 171
-
income
4 570
-
23 532
-
other
-
-
-
-
surtax
97
-
3 246
-
total
9 079
-
41 747
-
Employer
27 260
-
92 524
-
health
1 240
-
4 210
-
pensions
3 634
-
12 333
-
unemployment
865
-
2 932
-
other
-
-
-
-
total
5 739
-
19 475
-
Corporate
79 001
112 000
-
-
income
20 541
29 120
-
-
total
20 541
29 120
-
-
Dividends
58 460
82 880
-
-
withholding
8 770
12 432
-
-
total
8 770
12 432
-
-
Income
112 000
112 000
112 000
112 000
Total tax
44 129
41 552
61 222
58 856
After tax
67 871
70 448
50 778
53 144
Living cost
18 182
18 182
18 182
18 182
Free-cash
49 689
52 266
32 596
34 962

Estimated living cost  is ₽18182 per week

₽10977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
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.
₽5203
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
₽36124
₽4189
₽31141
₽36521
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
-
-
-
112 000
pensions
-
-
-
17 495
chamber of commerce
-
-
-