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
₽35723
₽39742
₽52090
₽48022
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
-
-
-
26 018
accident
-
-
-
698
unemployment
-
-
-
543
pensions
-
-
-
21 930
other
-
-
-
78
total
-
-
-
49 267
Employee
30 915
-
87 295
-
other
30
-
78
-
income
5 960
-
23 659
-
unemployment
479
-
1 201
-
pensions
1 453
-
3 643
-
total
7 922
-
28 581
-
Employer
30 915
-
87 295
-
unemployment
1 701
-
4 262
-
pensions
7 295
-
18 289
-
other
248
-
620
-
accident
612
-
1 534
-
total
9 856
-
24 705
-
Corporate
71 229
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.

10 684
16 801
-
-
total
10 684
16 801
-
-
Dividends
60 545
95 199
-
-
withholding
12 525
20 118
-
-
total
12 525
20 118
-
-
Income
112 000
112 000
112 000
112 000
Total tax
40 987
36 919
53 286
49 267
After tax
71 013
75 081
58 714
62 733
Living cost
22 991
22 991
22 991
22 991
Free-cash
48 022
52 090
35 723
39 742

Estimated living cost  is ₽22991 per week

₽15519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4860
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
₽42047
₽37414
₽60008
₽54364
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
-
-
-
15 181
health
-
-
-
4 928
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.

-
-
-
26 879
other
-
-
-
5 320
total
-
-
-
52 308
Employee
30 357
-
89 456
-
income
5 226
-
16 725
-
health
425
-
1 252
-
unemployment
303
-
895
-
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.

2 124
-
6 261
-
total
8 078
-
25 133
-
Employer
30 357
-
89 456
-
unemployment
303
-
895
-
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.

5 161
-
15 206
-
other
1 518
-
4 473
-
accident
243
-
716
-
health
425
-
1 252
-
total
7 650
-
22 542
-
Corporate
73 992
112 000
-
-
income
15 538
23 520
-
-
total
15 538
23 520
-
-
Dividends
58 455
88 480
-
-
withholding
4 092
6 194
-
-
total
4 092
6 194
-
-
Income
112 000
112 000
112 000
112 000
Total tax
35 358
29 714
47 675
52 308
After tax
76 642
82 286
64 325
59 692
Living cost
22 278
22 278
22 278
22 278
Free-cash
54 364
60 008
42 047
37 414

Estimated living cost  is ₽22278 per week

₽15741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1504
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.
₽4674
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
₽80435
₽76425
₽84789
₽80903
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
-
-
-
3 361
unemployment
-
-
-
117
pensions

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

-
-
-
4 326
total
-
-
-
24 604
Employee
14 527
-
106 266
-
income
1 452
-
10 627
-
health
668
-
1 344
-
accident

We are using the highest rate at 1.1%.

160
-
322
-
pensions

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

1 275
-
2 566
-
total
3 555
-
14 859
-
Employer
14 527
-
106 266
-
unemployment
87
-
175
-
pensions

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

1 601
-
3 221
-
accident

We are using the highest rate at 1.1%.

160
-
322
-
health
1 003
-
2 017
-
total
2 851
-
5 735
-
Corporate
94 623
112 000
-
-
income
9 462
11 200
-
-
total
9 462
11 200
-
-
Dividends
85 161
100 800
-
-
withholding
4 258
5 040
-
-
total
4 258
5 040
-
-
Income
112 000
112 000
112 000
112 000
Total tax
20 126
16 240
20 594
24 604
After tax
91 874
95 760
91 406
87 396
Living cost
10 971
10 971
10 971
10 971
Free-cash
80 903
84 789
80 435
76 425

Estimated living cost  is ₽10971 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽291
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.
₽3492
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
₽36898
₽35081
₽27844
₽32781
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
-
-
-
14 682
social contributions
-
-
-
3 192
health
-
-
-
3 635
surtax
-
-
-
-
pensions
-
-
-
23 333
other
-
-
-
3 472
total
-
-
-
48 314
Employee
35 783
-
88 755
-
income
2 112
-
15 412
-
social contributions
1 020
-
2 529
-
surtax
-
-
-
-
pensions
4 046
-
5 310
-
total
7 178
-
23 251
-
Employer
35 783
-
88 755
-
unemployment
1 449
-
3 595
-
social contributions
108
-
267
-
pensions
5 878
-
9 095
-
other
1 234
-
3 096
-
health
2 505
-
7 193
-
total
11 174
-
23 246
-
Corporate
65 043
112 000
-
-
income
18 213
31 359
-
-
surtax
-
-
-
-
total
18 213
31 359
-
-
Dividends
46 830
80 641
-
-
withholding
5 994
10 322
-
-
surtax
-
-
-
-
social contributions
8 055
13 870
-
-
total
14 049
24 192
-
-
Income
112 000
112 000
112 000
112 000
Total tax
50 614
55 551
46 497
48 314
After tax
61 386
56 449
65 503
63 686
Living cost
28 605
28 605
28 605
28 605
Free-cash
32 781
27 844
36 898
35 081

Estimated living cost  is ₽28605 per week

₽18037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2326
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.
₽7757
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
₽29645
₽29264
₽19901
₽14778
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
-
-
-
27 606
health
-
-
-
10 310
pensions
-
-
-
9 796
total
-
-
-
47 712
Employee
71 397
71 397
96 462
-
income

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

11 687
11 687
11 687
-
health
10 959
9 321
10 310
-
pensions
12 852
9 796
9 796
-
total
35 498
30 804
31 793
-
Employer
71 397
71 397
96 462
-
unemployment
2 570
2 570
3 194
-
pensions
4 969
4 969
6 177
-
health
4 963
4 963
6 167
-
total
12 502
12 502
15 538
-
Corporate
28 976
28 100
-
-
income
5 796
5 620
-
-
total
5 796
5 620
-
-
Dividends
23 180
22 480
-
-
withholding
3 476
3 372
-
-
income
4 926
4 777
-
-
total
8 402
8 149
-
-
Income
112 000
112 000
112 000
112 000
Total tax
62 198
57 075
47 331
47 712
After tax
49 802
54 925
64 669
64 288
Living cost
35 024
35 024
35 024
35 024
Free-cash
14 778
19 901
29 645
29 264

Estimated living cost  is ₽35024 per week

₽24821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
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.
₽6489
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
₽48565
₽37048
₽31222
₽40473
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
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.

-
-
-
30 709
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.

-
-
-
5 712
trade
-
-
-
11 517
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.

-
-
-
1 690
total
-
-
-
49 628
Employee

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

31 978
-
112 000
-
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.

893
-
30 709
-
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.

5 712
-
5 712
-
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.

49
-
1 690
-
total
6 654
-
38 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 022
112 000
-
-
chamber of commerce
241
287
-
-
income
12 003
16 801
-
-
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
923
-
-
trade
12 604
17 640
-
-
total
25 508
35 651
-
-
Dividends
54 514
76 349
-
-
withholding
13 310
18 770
-
-
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.

731
1 033
-
-
total
14 041
19 803
-
-
Income
112 000
112 000
112 000
112 000
Total tax
46 203
55 454
38 111
49 628
After tax
65 797
56 546
73 889
62 372
Living cost
25 324
25 324
25 324
25 324
Free-cash
40 473
31 222
48 565
37 048

Estimated living cost  is ₽25324 per week

₽15930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5969
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
₽57817
₽58961
₽62462
₽57914
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
-
-
-
17 299
social contributions
-
-
-
13 527
health
-
-
-
2 856
total
-
-
-
33 682
Employee
64 290
64 290
102 899
-
income
7 000
5 951
16 778
-
social contributions
2 431
5 336
7 197
-
health
498
1 093
1 750
-
total
9 929
12 380
25 725
-
Employer
64 290
64 290
102 899
-
social contributions
2 431
5 336
7 197
-
health
541
1 190
1 904
-
total
2 972
6 526
9 101
-
Corporate
79 742
41 184
-
-
income
9 967
5 149
-
-
total
9 967
5 149
-
-
Dividends
69 775
36 036
-
-
withholding
11 861
6 126
-
-
total
11 861
6 126
-
-
Income
112 000
112 000
112 000
112 000
Total tax
34 729
30 181
34 826
33 682
After tax
77 271
81 819
77 174
78 318
Living cost
19 357
19 357
19 357
19 357
Free-cash
57 914
62 462
57 817
58 961

Estimated living cost  is ₽19357 per week

₽11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5429
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
₽27529
₽34948
₽37480
₽36639
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
-
-
-
11 907
social contributions

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

-
-
-
38 920
surtax
-
-
-
-
total
-
-
-
50 827
Employee
38 453
-
90 505
-
income
7 998
-
26 795
-
social contributions
4 230
-
9 956
-
surtax
-
-
-
-
total
12 228
-
36 751
-
Employer
38 453
-
90 505
-
social contributions
9 133
-
21 495
-
total
9 133
-
21 495
-
Corporate
64 415
112 000
-
-
income
13 527
23 520
-
-
surtax
-
-
-
-
total
13 527
23 520
-
-
Dividends
50 887
88 480
-
-
withholding
14 248
24 775
-
-
total
14 248
24 775
-
-
Income
112 000
112 000
112 000
112 000
Total tax
49 136
48 295
58 246
50 827
After tax
62 864
63 705
53 754
61 173
Living cost
26 225
26 225
26 225
26 225
Free-cash
36 639
37 480
27 529
34 948

Estimated living cost  is ₽26225 per week

₽19622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
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.
₽4619
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
₽83350
₽104630
₽100150
₽98979
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
7 813
-
112 000
-
income
1 562
-
22 400
-
total
1 562
-
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%.

104 187
112 000
-
-
total
-
-
-
-
Dividends
104 187
112 000
-
-
withholding
5 209
5 600
-
-
total
5 209
5 600
-
-
Income
112 000
112 000
112 000
112 000
Total tax
6 771
5 600
22 400
1 120
After tax
105 229
106 400
89 600
110 880
Living cost
6 250
6 250
6 250
6 250
Free-cash
98 979
100 150
83 350
104 630

Estimated living cost  is ₽6250 per week

₽3874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽172
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.
₽1685
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
₽31067
₽34066
₽54687
₽47692
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
income
-
-
-
23 865
health
-
-
-
11 021
unemployment
-
-
-
168
pensions
-
-
-
20 455
total
-
-
-
55 509
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.

36 971
-
96 910
-
income
6 376
-
22 001
-
health
2 388
-
6 261
-
unemployment
52
-
136
-
pensions
5 731
-
15 020
-
total
14 547
-
43 418
-
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.

36 971
-
96 910
-
unemployment
22
-
59
-
pensions
3 272
-
8 577
-
health
2 462
-
6 454
-
total
5 756
-
15 090
-
Corporate
69 272
112 000
-
-
income
13 163
21 280
-
-
total
13 163
21 280
-
-
Dividends
56 110
90 720
-
-
withholding
8 417
13 608
-
-
total
8 417
13 608
-
-
Income
112 000
112 000
112 000
112 000
Total tax
41 883
34 888
58 508
55 509
After tax
70 117
77 112
53 492
56 491
Living cost
22 425
22 425
22 425
22 425
Free-cash
47 692
54 687
31 067
34 066

Estimated living cost  is ₽22425 per week

₽15390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
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.
₽5164
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
₽51436
₽52365
₽38033
₽40954
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
-
-
-
23 799
health

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

-
-
-
5 486
total
-
-
-
29 285
Employee
38 354
-
108 154
-
social contributions
3 843
-
3 846
-
income
4 162
-
22 522
-
total
8 005
-
26 368
-
Employer
38 354
-
108 154
-
social contributions
3 843
-
3 846
-
total
3 843
-
3 846
-
Corporate
69 803
112 000
-
-
income
24 431
39 200
-
-
total
24 431
39 200
-
-
Dividends
45 372
72 800
-
-
social contributions
4 417
4 417
-
-
total
4 417
4 417
-
-
Income
112 000
112 000
112 000
112 000
Total tax
40 696
43 617
30 214
29 285
After tax
71 304
68 383
81 786
82 715
Living cost
30 350
30 350
30 350
30 350
Free-cash
40 954
38 033
51 436
52 365

Estimated living cost  is ₽30350 per week

₽19991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
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.
₽7500
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
₽52924
₽54196
₽50601
₽51035
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
-
-
-
16 801
social contributions
-
-
-
15 457
health
-
-
-
7 817
total
-
-
-
40 075
Employee
28 348
-
112 000
-
income
4 728
-
18 073
-
social contributions
3 913
-
15 457
-
health
1 979
-
7 817
-
total
10 620
-
41 347
-
Employer
28 348
-
112 000
-
total
-
-
-
-
Corporate
83 652
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%.

4 182
5 601
-
-
total
4 182
5 601
-
-
Dividends
79 470
106 399
-
-
withholding
11 920
15 960
-
-
health
5 547
7 427
-
-
social contributions
10 967
14 682
-
-
total
28 434
38 069
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 236
43 670
41 347
40 075
After tax
68 764
68 330
70 653
71 925
Living cost
17 729
17 729
17 729
17 729
Free-cash
51 035
50 601
52 924
54 196

Estimated living cost  is ₽17729 per week

₽11865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4362
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
₽33958
₽36761
₽54234
₽46073
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
-
-
-
10 525
social contributions
-
-
-
26 716
solidarity contribution
-
-
-
-
health
-
-
-
15 120
total
-
-
-
52 361
Employee
33 645
-
83 582
-
solidarity contribution
-
-
-
-
income
4 037
-
10 030
-
social contributions
2 187
-
5 433
-
health
4 542
-
11 284
-
total
10 766
-
26 747
-
Employer
33 645
-
83 582
-
social contributions
8 411
-
20 895
-
health
3 028
-
7 522
-
total
11 439
-
28 417
-
Corporate
66 916
112 000
-
-
income
12 714
21 280
-
-
total
12 714
21 280
-
-
Dividends
54 202
90 720
-
-
withholding
8 130
13 608
-
-
total
8 130
13 608
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 049
34 888
55 164
52 361
After tax
68 951
77 112
56 836
59 639
Living cost
22 878
22 878
22 878
22 878
Free-cash
46 073
54 234
33 958
36 761

Estimated living cost  is ₽22878 per week

₽17014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽4201
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
₽79860
₽101140
₽96660
₽94834
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
12 175
-
112 000
-
income
2 435
-
22 400
-
total
2 435
-
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%.

99 825
112 000
-
-
total
-
-
-
-
Dividends
99 825
112 000
-
-
withholding
4 991
5 600
-
-
total
4 991
5 600
-
-
Income
112 000
112 000
112 000
112 000
Total tax
7 426
5 600
22 400
1 120
After tax
104 574
106 400
89 600
110 880
Living cost
9 740
9 740
9 740
9 740
Free-cash
94 834
96 660
79 860
101 140

Estimated living cost  is ₽9740 per week

₽6591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
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.
₽2413
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
₽25122
₽23305
₽16068
₽21814
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
-
-
-
14 682
social contributions
-
-
-
3 192
health
-
-
-
3 635
surtax
-
-
-
-
pensions
-
-
-
23 333
other
-
-
-
3 472
total
-
-
-
48 314
Employee
52 365
-
88 755
-
income
4 569
-
15 412
-
social contributions
1 491
-
2 529
-
surtax
-
-
-
-
pensions
5 923
-
5 310
-
total
11 983
-
23 251
-
Employer
52 365
-
88 755
-
unemployment
2 121
-
3 595
-
social contributions
157
-
267
-
pensions
8 604
-
9 095
-
other
1 807
-
3 096
-
health
3 665
-
7 193
-
total
16 354
-
23 246
-
Corporate
43 280
112 000
-
-
income
12 119
31 359
-
-
surtax
-
-
-
-
total
12 119
31 359
-
-
Dividends
31 162
80 641
-
-
withholding
3 989
10 322
-
-
surtax
-
-
-
-
social contributions
5 360
13 870
-
-
total
9 349
24 192
-
-
Income
112 000
112 000
112 000
112 000
Total tax
49 805
55 551
46 497
48 314
After tax
62 195
56 449
65 503
63 686
Living cost
40 381
40 381
40 381
40 381
Free-cash
21 814
16 068
25 122
23 305

Estimated living cost  is ₽40381 per week

₽27329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
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.
₽9194
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
₽49793
₽49792
₽66509
₽62410
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
income
-
-
-
24 519
health
-
-
-
6 343
unemployment
-
-
-
924
pensions
-
-
-
16 011
total
-
-
-
47 797
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.

21 730
-
100 977
-
income
2 995
-
24 519
-
health
1 119
-
3 171
-
unemployment
163
-
462
-
pensions
3 042
-
8 621
-
total
7 319
-
36 773
-
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.

21 730
-
100 977
-
unemployment
163
-
462
-
pensions
2 608
-
7 390
-
health
1 119
-
3 171
-
total
3 890
-
11 023
-
Corporate
86 380
112 000
-
-
income
12 957
16 800
-
-
total
12 957
16 800
-
-
Dividends
73 423
95 200
-
-
withholding
11 013
14 280
-
-
total
11 013
14 280
-
-
Income
112 000
112 000
112 000
112 000
Total tax
35 179
31 080
47 796
47 797
After tax
76 821
80 920
64 204
64 203
Living cost
14 411
14 411
14 411
14 411
Free-cash
62 410
66 509
49 793
49 792

Estimated living cost  is ₽14411 per week

₽9703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
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.
₽3176
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
₽27853
₽33299
-₽7174
₽17810
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
regional
-
-
-
4 976
national
-
-
-
1 360
health
-
-
-
252
city
-
-
-
1 180
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
pensions
-
-
-
10 305
total
-
-
-
20 313
Employee
68 329
-
100 246
-
regional
2 237
-
4 280
-
city
733
-
1 077
-
health
154
-
225
-
unemployment
-
-
-
-
national
323
-
1 103
-
pensions
5 741
-
8 422
-
total
9 188
-
15 107
-
Employer
68 329
-
100 246
-
unemployment
-
-
-
-
pensions
5 741
-
8 422
-
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.

1 366
-
2 005
-
health
154
-
225
-
total
7 261
-
10 652
-
Corporate
35 659
112 000
-
-
regional
7 542
23 688
-
-
national
3 031
9 520
-
-
total
10 573
33 208
-
-
Dividends
25 087
78 793
-
-
withholding
8 780
27 578
-
-
total
8 780
27 578
-
-
Income
112 000
112 000
112 000
112 000
Total tax
35 802
60 786
25 759
20 313
After tax
76 198
51 214
86 241
91 687
Living cost
58 388
58 388
58 388
58 388
Free-cash
17 810
-7 174
27 853
33 299

Estimated living cost  is ₽58388 per week

₽37969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽717
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.
₽14462
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
₽28895
₽44253
₽40201
₽40846
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
-
-
-
19 912
national
-
-
-
14 360
health
-
-
-
1 376
total
-
-
-
35 648
Employee
43 988
-
94 222
-
health
328
-
1 103
-
unemployment
660
-
1 414
-
national
727
-
8 988
-
municipal
7 205
-
15 362
-
pensions
2 969
-
6 361
-
total
11 889
-
33 228
-
Employer
43 988
-
94 222
-
unemployment
286
-
612
-
pensions
7 632
-
16 347
-
accident
44
-
94
-
health
338
-
725
-
total
8 300
-
17 778
-
Corporate
59 713
112 000
-
-
income
11 942
22 400
-
-
total
11 942
22 400
-
-
Dividends

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

35 828
67 200
-
-
national
474
5 204
-
-
municipal
6 450
12 096
-
-
total
6 924
17 300
-
-
Income
112 000
112 000
112 000
112 000
Total tax
39 055
39 700
51 006
35 648
After tax
72 945
72 300
60 994
76 352
Living cost
32 099
32 099
32 099
32 099
Free-cash
40 846
40 201
28 895
44 253

Estimated living cost  is ₽32099 per week

₽20967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7535
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
₽10914
₽19232
₽32228
₽19688
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
national
-
-
-
38 932
social contributions
-
-
-
17 694
communal

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

-
-
-
5 658
total
-
-
-
62 284
Employee

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

59 805
-
86 748
-
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.

2 810
-
4 078
-
communal

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

3 119
-
4 525
-
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.

520
-
755
-
national
18 386
-
29 484
-
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.

4 485
-
6 507
-
total
29 320
-
45 349
-
Employer

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

59 805
-
86 748
-
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.

873
-
1 266
-
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.

5 299
-
7 686
-
surtax
6 781
-
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.

777
-
1 128
-
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.

3 678
-
5 336
-
total
17 408
-
25 253
-
Corporate
34 787
112 000
-
-
income
6 957
22 400
-
-
surtax
140
447
-
-
total
7 097
22 847
-
-
Dividends
27 690
89 153
-
-
withholding

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

8 003
26 441
-
-
total
8 003
26 441
-
-
Income
112 000
112 000
112 000
112 000
Total tax
61 828
49 288
70 602
62 284
After tax
50 172
62 712
41 398
49 716
Living cost
30 484
30 484
30 484
30 484
Free-cash
19 688
32 228
10 914
19 232

Estimated living cost  is ₽30484 per week

₽19636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽7706
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
₽23978
₽24910
₽26566
₽25788
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
-
-
-
26 850
national
-
-
-
3 694
health
-
-
-
4 730
accident
-
-
-
152
unemployment
-
-
-
76
pensions
-
-
-
8 194
other
-
-
-
8 808
total
-
-
-
52 504
Employee
49 282
-
88 184
-
national
-
-
3 323
-
municipal
14 696
-
26 296
-
total
14 696
-
29 619
-
Employer
49 282
-
88 184
-
unemployment
1 301
-
2 001
-
pensions
5 327
-
8 194
-
other
5 727
-
8 808
-
accident
99
-
152
-
health
3 031
-
4 662
-
total
15 485
-
23 817
-
Corporate
47 234
112 000
-
-
income
10 392
24 640
-
-
total
10 392
24 640
-
-
Dividends
36 842
87 360
-
-
withholding
11 053
26 208
-
-
total
11 053
26 208
-
-
Income
112 000
112 000
112 000
112 000
Total tax
51 626
50 848
53 436
52 504
After tax
60 374
61 152
58 564
59 496
Living cost
34 586
34 586
34 586
34 586
Free-cash
25 788
26 566
23 978
24 910

Estimated living cost  is ₽34586 per week

₽22922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽7745
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
₽62084
₽39148
₽29888
-₽20187
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
54 849
-
-
-
income
12 099
-
-
-
social contributions
4 498
-
641
-
total
16 597
-
641
-
Employer
54 849
-
-
-
social contributions
77 337
-
11 022
-
total
77 337
-
11 022
-
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
93 934
43 859
11 663
34 599
After tax
18 066
68 141
100 337
77 401
Living cost
38 253
38 253
38 253
38 253
Free-cash
-20 187
29 888
62 084
39 148

Estimated living cost  is ₽38253 per week

₽24820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3598
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.
₽9348
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
₽50056
₽51200
₽54701
₽51235
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
-
-
-
17 299
social contributions
-
-
-
13 527
health
-
-
-
2 856
total
-
-
-
33 682
Employee
64 290
64 290
102 899
-
income
6 751
5 951
16 778
-
social contributions
3 124
5 336
7 197
-
health
639
1 093
1 750
-
total
10 514
12 380
25 725
-
Employer
64 290
64 290
102 899
-
social contributions
3 124
5 336
7 197
-
health
697
1 190
1 904
-
total
3 821
6 526
9 101
-
Corporate
70 547
41 184
-
-
income
8 818
5 149
-
-
total
8 818
5 149
-
-
Dividends
61 729
36 036
-
-
withholding
10 494
6 126
-
-
total
10 494
6 126
-
-
Income
112 000
112 000
112 000
112 000
Total tax
33 647
30 181
34 826
33 682
After tax
78 353
81 819
77 174
78 318
Living cost
27 118
27 118
27 118
27 118
Free-cash
51 235
54 701
50 056
51 200

Estimated living cost  is ₽27118 per week

₽18538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽6007
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
₽35984
₽46299
₽46393
₽48921
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
-
-
-
28 605
pensions
-
-
-
6 717
total
-
-
-
35 322
Employee
41 700
-
98 136
-
income
7 594
-
21 728
-
health
544
-
1 548
-
pensions
3 183
-
8 497
-
total
11 321
-
31 773
-
Employer
41 700
-
98 136
-
pensions
4 213
-
12 000
-
health
793
-
1 864
-
total
5 006
-
13 864
-
Corporate
65 295
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.

12 407
21 279
-
-
total
12 407
21 279
-
-
Dividends
52 888
90 721
-
-
withholding
3 966
13 949
-
-
total
3 966
13 949
-
-
Income
112 000
112 000
112 000
112 000
Total tax
32 700
35 228
45 637
35 322
After tax
79 300
76 772
66 363
76 678
Living cost
30 379
30 379
30 379
30 379
Free-cash
48 921
46 393
35 984
46 299

Estimated living cost  is ₽30379 per week

₽20840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6364
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
₽15743
₽20866
₽25688
₽21884
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
-
-
-
749
regional
-
-
-
2 498
national
-
-
-
25 774
social contributions
-
-
-
28 806
total
-
-
-
57 827
Employee
70 453
-
112 000
-
regional
1 064
-
2 146
-
social contributions
23 756
-
37 766
-
national
11 906
-
22 370
-
municipal
420
-
668
-
total
37 146
-
62 950
-
Employer
70 453
-
112 000
-
total
-
-
-
-
Corporate
41 547
112 000
-
-
nationa
9 972
26 880
-
-
municipal
2 002
5 398
-
-
total
11 974
32 278
-
-
Dividends
29 573
79 722
-
-
withholding
7 689
20 727
-
-
total
7 689
20 727
-
-
Income
112 000
112 000
112 000
112 000
Total tax
56 809
53 005
62 950
57 827
After tax
55 191
58 995
49 050
54 173
Living cost
33 307
33 307
33 307
33 307
Free-cash
21 884
25 688
15 743
20 866

Estimated living cost  is ₽33307 per week

₽23396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
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.
₽7116
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
₽42381
₽59189
-₽8403
₽6393
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
-
-
-
29 804
health
-
-
-
1 732
accident
-
-
-
201
pensions
-
-
-
3 305
other
-
-
-
294
total
-
-
-
35 336
Employee
27 489
-
99 163
-
income
3 771
-
21 893
-
health
3 148
-
11 354
-
pensions
3 095
-
6 060
-
total
10 014
-
39 307
-
Employer
27 489
-
99 163
-
unemployment
673
-
2 430
-
pensions
4 470
-
8 751
-
accident
459
-
1 656
-
total
5 602
-
12 837
-
Corporate
78 908
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.

71 017
100 800
-
-
total
71 017
100 800
-
-
Dividends
7 891
11 200
-
-
withholding
1 499
2 128
-
-
total
1 499
2 128
-
-
Income
112 000
112 000
112 000
112 000
Total tax
88 132
102 928
52 144
35 336
After tax
23 868
9 072
59 856
76 664
Living cost
17 475
17 475
17 475
17 475
Free-cash
6 393
-8 403
42 381
59 189

Estimated living cost  is ₽17475 per week

₽12808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
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.
₽3335
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
₽41610
₽31116
₽25419
₽36357
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
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.

-
-
-
30 709
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.

-
-
-
5 712
trade
-
-
-
10 494
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.

-
-
-
1 690
total
-
-
-
48 605
Employee

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

41 600
-
112 000
-
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.

3 421
-
30 709
-
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.

5 712
-
5 712
-
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.

189
-
1 690
-
total
9 322
-
38 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 400
112 000
-
-
chamber of commerce
230
292
-
-
income
10 560
16 801
-
-
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.

581
923
-
-
trade
10 102
16 072
-
-
total
21 473
34 088
-
-
Dividends
48 927
77 912
-
-
withholding
11 914
19 160
-
-
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.

655
1 054
-
-
total
12 569
20 214
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 364
54 302
38 111
48 605
After tax
68 636
57 698
73 889
63 395
Living cost
32 279
32 279
32 279
32 279
Free-cash
36 357
25 419
41 610
31 116

Estimated living cost  is ₽32279 per week

₽22266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽6070
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
₽45410
₽16571
₽72206
₽65347
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
microenterprise
-
-
-
-
income
-
-
-
17 440
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.

-
-
-
32 034
surtax
-
-
-
28 561
total
-
-
-
78 035
Employee
24 431
-
90 257
-
income
4 349
-
17 524
-
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.

2 688
-
9 929
-
surtax
-
-
-
-
total
7 037
-
27 453
-
Employer
24 431
-
90 257
-
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.

5 885
-
21 743
-
surtax
-
-
-
-
total
5 885
-
21 743
-
Corporate
81 685
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%.

16 337
22 400
-
-
total
16 337
22 400
-
-
Dividends

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

65 347
89 600
-
-
total
-
-
-
-
Income
112 000
112 000
112 000
112 000
Total tax
29 259
22 400
49 196
78 035
After tax
82 741
89 600
62 804
33 965
Living cost
17 394
17 394
17 394
17 394
Free-cash
65 347
72 206
45 410
16 571

Estimated living cost  is ₽17394 per week

₽11097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1656
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.
₽4246
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
₽54876
₽55645
₽59080
₽57305
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
-
-
-
31 948
health
-
-
-
5 716
pensions
-
-
-
7 883
total
-
-
-
45 547
Employee
16 461
-
103 131
-
income
3 184
-
31 534
-
health
823
-
1 971
-
unemployment
165
-
394
-
pensions
1 481
-
3 548
-
total
5 653
-
37 447
-
Employer
16 461
-
103 131
-
unemployment
329
-
788
-
pensions
1 811
-
4 336
-
health
1 564
-
3 745
-
total
3 704
-
8 869
-
Corporate
91 835
112 000
-
-
income
20 204
24 640
-
-
total
20 204
24 640
-
-
Dividends
71 631
87 360
-
-
withholding
14 326
17 472
-
-
total
14 326
17 472
-
-
Income
112 000
112 000
112 000
112 000
Total tax
43 887
42 112
46 316
45 547
After tax
68 113
69 888
65 684
66 453
Living cost
10 808
10 808
10 808
10 808
Free-cash
57 305
59 080
54 876
55 645

Estimated living cost  is ₽10808 per week

₽6423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
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.
₽3261
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
₽32454
₽34365
₽51667
₽49010
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
-
-
-
24 965
health
-
-
-
7 922
unemployment
-
-
-
190
surtax
-
-
-
3 462
pensions
-
-
-
22 317
other
-
-
-
-
total
-
-
-
58 856
Employee
28 156
-
92 523
-
other
-
-
-
-
income
4 720
-
23 157
-
health
719
-
2 359
-
unemployment
1 959
-
6 440
-
surtax
100
-
3 161
-
pensions
1 879
-
6 172
-
total
9 377
-
41 289
-
Employer
28 156
-
92 523
-
unemployment
893
-
2 934
-
pensions
3 754
-
12 333
-
other
-
-
-
-
health
1 280
-
4 211
-
total
5 927
-
19 478
-
Corporate
77 916
112 000
-
-
income
20 258
29 121
-
-
total
20 258
29 121
-
-
Dividends
57 659
82 879
-
-
withholding
8 649
12 433
-
-
total
8 649
12 433
-
-
Income
112 000
112 000
112 000
112 000
Total tax
44 211
41 554
60 767
58 856
After tax
67 789
70 446
51 233
53 144
Living cost
18 779
18 779
18 779
18 779
Free-cash
49 010
51 667
32 454
34 365

Estimated living cost  is ₽18779 per week

₽11338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
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
₽3683
₽30046
₽35722
₽35308
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
-
-
-
24 164
chamber of commerce
-
-
-