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
₽ 115000
per

Your estimated
City
free-cash

Valencia , Spain
₽35994
₽40199
₽53067
₽48772
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
-
-
-
115 000
income
-
-
-
26 411
accident
-
-
-
731
unemployment
-
-
-
568
pensions
-
-
-
22 950
other
-
-
-
81
total
-
-
-
50 741
Employee
32 352
-
89 146
-
other
32
-
81
-
income
6 237
-
23 942
-
unemployment
501
-
1 257
-
pensions
1 521
-
3 812
-
total
8 291
-
29 092
-
Employer
32 352
-
89 146
-
unemployment
1 780
-
4 460
-
pensions
7 634
-
19 139
-
other
259
-
649
-
accident
641
-
1 606
-
total
10 314
-
25 854
-
Corporate
72 334
115 000
-
-
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.

10 851
17 250
-
-
total
10 851
17 250
-
-
Dividends
61 483
97 750
-
-
withholding
12 712
20 623
-
-
total
12 712
20 623
-
-
Income
115 000
115 000
115 000
115 000
Total tax
42 168
37 873
54 946
50 741
After tax
72 832
77 127
60 054
64 259
Living cost
24 060
24 060
24 060
24 060
Free-cash
48 772
53 067
35 994
40 199

Estimated living cost  is ₽24060 per week

₽16240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2313
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.
₽5086
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
₽42802
₽38046
₽61177
₽55270
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
-
-
-
115 000
income
-
-
-
15 516
health
-
-
-
5 061
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.

-
-
-
27 600
other
-
-
-
5 463
total
-
-
-
53 640
Employee
31 768
-
91 853
-
income
5 469
-
17 102
-
health
445
-
1 285
-
unemployment
317
-
918
-
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.

2 223
-
6 431
-
total
8 454
-
25 736
-
Employer
31 768
-
91 853
-
unemployment
317
-
918
-
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.

5 401
-
15 616
-
other
1 589
-
4 593
-
accident
254
-
736
-
health
445
-
1 285
-
total
8 006
-
23 148
-
Corporate
75 225
115 000
-
-
income
15 797
24 150
-
-
total
15 797
24 150
-
-
Dividends
59 429
90 850
-
-
withholding
4 159
6 359
-
-
total
4 159
6 359
-
-
Income
115 000
115 000
115 000
115 000
Total tax
36 416
30 509
48 884
53 640
After tax
78 584
84 491
66 116
61 360
Living cost
23 314
23 314
23 314
23 314
Free-cash
55 270
61 177
42 802
38 046

Estimated living cost  is ₽23314 per week

₽16473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4891
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
₽82184
₽78099
₽86842
₽82775
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
-
-
-
115 000
income
-
-
-
17 250
health
-
-
-
3 518
unemployment
-
-
-
122
pensions

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

-
-
-
4 528
total
-
-
-
25 418
Employee
15 205
-
108 998
-
income
1 520
-
10 900
-
health
699
-
1 407
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
pensions

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

1 335
-
2 686
-
total
3 721
-
15 330
-
Employer
15 205
-
108 998
-
unemployment
91
-
184
-
pensions

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

1 676
-
3 371
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
health
1 049
-
2 111
-
total
2 983
-
6 003
-
Corporate
96 812
115 000
-
-
income
9 681
11 500
-
-
total
9 681
11 500
-
-
Dividends
87 130
103 500
-
-
withholding
4 357
5 175
-
-
total
4 357
5 175
-
-
Income
115 000
115 000
115 000
115 000
Total tax
20 742
16 675
21 333
25 418
After tax
94 258
98 325
93 667
89 582
Living cost
11 483
11 483
11 483
11 483
Free-cash
82 775
86 842
82 184
78 099

Estimated living cost  is ₽11483 per week

₽6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽3655
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
₽37649
₽35505
₽28026
₽33192
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
-
-
-
115 000
income
-
-
-
14 843
social contributions
-
-
-
3 276
health
-
-
-
3 643
surtax
-
-
-
-
pensions
-
-
-
24 233
other
-
-
-
3 565
total
-
-
-
49 560
Employee
37 446
-
91 293
-
income
2 210
-
15 712
-
social contributions
1 068
-
2 602
-
surtax
-
-
-
-
pensions
4 234
-
5 396
-
total
7 512
-
23 710
-
Employer
37 446
-
91 293
-
unemployment
1 516
-
3 698
-
social contributions
113
-
274
-
pensions
6 152
-
9 257
-
other
1 292
-
3 155
-
health
2 622
-
7 322
-
total
11 695
-
23 706
-
Corporate
65 860
115 000
-
-
income
18 440
32 200
-
-
surtax
-
-
-
-
total
18 440
32 200
-
-
Dividends
47 420
82 800
-
-
withholding
6 070
10 598
-
-
surtax
-
-
-
-
social contributions
8 156
14 241
-
-
total
14 226
24 839
-
-
Income
115 000
115 000
115 000
115 000
Total tax
51 873
57 039
47 416
49 560
After tax
63 127
57 961
67 584
65 440
Living cost
29 935
29 935
29 935
29 935
Free-cash
33 192
28 026
37 649
35 505

Estimated living cost  is ₽29935 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽8118
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
₽28817
₽29558
₽19700
₽14338
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
-
-
-
115 000
income
-
-
-
27 749
health
-
-
-
10 789
pensions
-
-
-
10 251
total
-
-
-
48 789
Employee
74 717
74 717
98 740
-
income

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

12 230
12 230
12 230
-
health
11 468
9 755
10 789
-
pensions
13 449
10 251
10 251
-
total
37 147
32 236
33 270
-
Employer
74 717
74 717
98 740
-
unemployment
2 690
2 690
3 342
-
pensions
5 200
5 200
6 464
-
health
5 194
5 194
6 454
-
total
13 084
13 084
16 260
-
Corporate
28 116
27 200
-
-
income
5 624
5 439
-
-
total
5 624
5 439
-
-
Dividends
22 493
21 760
-
-
withholding
3 374
3 264
-
-
income
4 780
4 624
-
-
total
8 154
7 888
-
-
Income
115 000
115 000
115 000
115 000
Total tax
64 009
58 647
49 530
48 789
After tax
50 991
56 353
65 470
66 211
Living cost
36 653
36 653
36 653
36 653
Free-cash
14 338
19 700
28 817
29 558

Estimated living cost  is ₽36653 per week

₽25975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
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.
₽6791
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
₽49595
₽37889
₽31565
₽41244
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.

-
-
-
115 000
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.

-
-
-
31 210
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.

-
-
-
5 977
trade
-
-
-
11 706
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
-
-
-
50 610
Employee

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

33 465
-
115 000
-
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.

935
-
31 210
-
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.

5 977
-
5 977
-
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.

51
-
1 717
-
total
6 963
-
38 904
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 535
115 000
-
-
chamber of commerce
251
299
-
-
income
12 230
17 250
-
-
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.

672
948
-
-
trade
12 841
18 113
-
-
total
25 994
36 610
-
-
Dividends
55 540
78 391
-
-
withholding
13 552
19 265
-
-
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.

746
1 059
-
-
total
14 298
20 324
-
-
Income
115 000
115 000
115 000
115 000
Total tax
47 255
56 934
38 904
50 610
After tax
67 745
58 066
76 096
64 390
Living cost
26 501
26 501
26 501
26 501
Free-cash
41 244
31 565
49 595
37 889

Estimated living cost  is ₽26501 per week

₽16670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
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.
₽6246
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
₽59016
₽60219
₽63764
₽59003
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
-
-
-
115 000
income
-
-
-
17 436
social contributions
-
-
-
14 156
health
-
-
-
2 932
total
-
-
-
34 524
Employee
67 279
67 279
105 516
-
income
7 326
6 228
16 919
-
social contributions
2 544
5 584
7 531
-
health
521
1 144
1 793
-
total
10 391
12 956
26 243
-
Employer
67 279
67 279
105 516
-
social contributions
2 544
5 584
7 531
-
health
566
1 245
1 953
-
total
3 110
6 829
9 484
-
Corporate
81 242
40 892
-
-
income
10 155
5 112
-
-
total
10 155
5 112
-
-
Dividends
71 087
35 780
-
-
withholding
12 084
6 082
-
-
total
12 084
6 082
-
-
Income
115 000
115 000
115 000
115 000
Total tax
35 740
30 979
35 727
34 524
After tax
79 260
84 021
79 273
80 476
Living cost
20 257
20 257
20 257
20 257
Free-cash
59 003
63 764
59 016
60 219

Estimated living cost  is ₽20257 per week

₽12141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5682
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
₽27935
₽35462
₽37967
₽37087
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.

-
-
-
115 000
income
-
-
-
12 132
social contributions

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

-
-
-
39 962
surtax
-
-
-
-
total
-
-
-
52 094
Employee
40 241
-
92 929
-
income
8 370
-
27 327
-
social contributions
4 427
-
10 223
-
surtax
-
-
-
-
total
12 797
-
37 550
-
Employer
40 241
-
92 929
-
social contributions
9 557
-
22 071
-
total
9 557
-
22 071
-
Corporate
65 202
115 000
-
-
income
13 693
24 150
-
-
surtax
-
-
-
-
total
13 693
24 150
-
-
Dividends
51 509
90 850
-
-
withholding
14 422
25 439
-
-
total
14 422
25 439
-
-
Income
115 000
115 000
115 000
115 000
Total tax
50 469
49 589
59 621
52 094
After tax
64 531
65 411
55 379
62 906
Living cost
27 444
27 444
27 444
27 444
Free-cash
37 087
37 967
27 935
35 462

Estimated living cost  is ₽27444 per week

₽20534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
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.
₽4833
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
₽85713
₽107563
₽102963
₽101785
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%.

-
-
-
115 000
microenterprise

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

-
-
-
1 150
total
-
-
-
1 150
Employee
7 858
-
115 000
-
income
1 571
-
23 000
-
total
1 571
-
23 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

107 142
115 000
-
-
total
-
-
-
-
Dividends
107 142
115 000
-
-
withholding
5 357
5 750
-
-
total
5 357
5 750
-
-
Income
115 000
115 000
115 000
115 000
Total tax
6 928
5 750
23 000
1 150
After tax
108 072
109 250
92 000
113 850
Living cost
6 287
6 287
6 287
6 287
Free-cash
101 785
102 963
85 713
107 563

Estimated living cost  is ₽6287 per week

₽3896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
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.
₽1695
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
₽31528
₽34683
₽55710
₽48392
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.

-
-
-
115 000
income
-
-
-
24 359
health
-
-
-
11 315
unemployment
-
-
-
173
pensions
-
-
-
21 002
total
-
-
-
56 849
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.

38 690
-
99 507
-
income
6 672
-
22 519
-
health
2 499
-
6 429
-
unemployment
55
-
139
-
pensions
5 997
-
15 423
-
total
15 223
-
44 510
-
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.

38 690
-
99 507
-
unemployment
23
-
60
-
pensions
3 424
-
8 807
-
health
2 577
-
6 627
-
total
6 024
-
15 494
-
Corporate
70 286
115 000
-
-
income
13 354
21 850
-
-
total
13 354
21 850
-
-
Dividends
56 932
93 150
-
-
withholding
8 539
13 972
-
-
total
8 539
13 972
-
-
Income
115 000
115 000
115 000
115 000
Total tax
43 140
35 822
60 004
56 849
After tax
71 860
79 178
54 996
58 151
Living cost
23 468
23 468
23 468
23 468
Free-cash
48 392
55 710
31 528
34 683

Estimated living cost  is ₽23468 per week

₽16106
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.
₽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.
₽5404
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
₽52392
₽52623
₽38366
₽41426
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.

-
-
-
115 000
income
-
-
-
24 906
health

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

-
-
-
5 710
total
-
-
-
30 616
Employee
40 137
-
110 975
-
social contributions
4 021
-
4 025
-
income
4 355
-
22 797
-
total
8 376
-
26 822
-
Employer
40 137
-
110 975
-
social contributions
4 021
-
4 025
-
total
4 021
-
4 025
-
Corporate
70 841
115 000
-
-
income
24 794
40 251
-
-
total
24 794
40 251
-
-
Dividends
46 047
74 749
-
-
social contributions
4 622
4 622
-
-
total
4 622
4 622
-
-
Income
115 000
115 000
115 000
115 000
Total tax
41 813
44 873
30 847
30 616
After tax
73 187
70 127
84 153
84 384
Living cost
31 761
31 761
31 761
31 761
Free-cash
41 426
38 366
52 392
52 623

Estimated living cost  is ₽31761 per week

₽20921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽7849
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
₽54079
₽55301
₽51607
₽52060
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
-
-
-
115 000
income
-
-
-
17 250
social contributions
-
-
-
15 870
health
-
-
-
8 026
total
-
-
-
41 146
Employee
29 666
-
115 000
-
income
4 948
-
18 472
-
social contributions
4 094
-
15 870
-
health
2 070
-
8 026
-
total
11 112
-
42 368
-
Employer
29 666
-
115 000
-
total
-
-
-
-
Corporate
85 334
115 000
-
-
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%.

4 267
5 750
-
-
total
4 267
5 750
-
-
Dividends
81 067
109 250
-
-
withholding
12 161
16 388
-
-
health
5 659
7 626
-
-
social contributions
11 188
15 076
-
-
total
29 008
39 090
-
-
Income
115 000
115 000
115 000
115 000
Total tax
44 387
44 840
42 368
41 146
After tax
70 613
70 160
72 632
73 854
Living cost
18 553
18 553
18 553
18 553
Free-cash
52 060
51 607
54 079
55 301

Estimated living cost  is ₽18553 per week

₽12416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4564
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
₽34629
₽37272
₽55448
₽46983
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
-
-
-
115 000
income
-
-
-
10 765
social contributions
-
-
-
27 709
solidarity contribution
-
-
-
-
health
-
-
-
15 525
total
-
-
-
53 999
Employee
34 896
-
85 821
-
solidarity contribution
-
-
-
-
income
4 187
-
10 299
-
social contributions
2 268
-
5 578
-
health
4 711
-
11 586
-
total
11 166
-
27 463
-
Employer
34 896
-
85 821
-
social contributions
8 724
-
21 455
-
health
3 141
-
7 724
-
total
11 865
-
29 179
-
Corporate
68 240
115 000
-
-
income
12 966
21 850
-
-
total
12 966
21 850
-
-
Dividends
55 274
93 150
-
-
withholding
8 291
13 973
-
-
total
8 291
13 973
-
-
Income
115 000
115 000
115 000
115 000
Total tax
44 288
35 823
56 642
53 999
After tax
70 712
79 177
58 358
61 001
Living cost
23 729
23 729
23 729
23 729
Free-cash
46 983
55 448
34 629
37 272

Estimated living cost  is ₽23729 per week

₽17646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
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.
₽4358
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
₽82203
₽104053
₽99453
₽97616
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%.

-
-
-
115 000
microenterprise

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

-
-
-
1 150
total
-
-
-
1 150
Employee
12 247
-
115 000
-
income
2 449
-
23 000
-
total
2 449
-
23 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

102 753
115 000
-
-
total
-
-
-
-
Dividends
102 753
115 000
-
-
withholding
5 138
5 750
-
-
total
5 138
5 750
-
-
Income
115 000
115 000
115 000
115 000
Total tax
7 587
5 750
23 000
1 150
After tax
107 413
109 250
92 000
113 850
Living cost
9 797
9 797
9 797
9 797
Free-cash
97 616
99 453
82 203
104 053

Estimated living cost  is ₽9797 per week

₽6630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
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.
₽2427
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
₽25325
₽23181
₽15702
₽21718
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
-
-
-
115 000
income
-
-
-
14 843
social contributions
-
-
-
3 276
health
-
-
-
3 643
surtax
-
-
-
-
pensions
-
-
-
24 233
other
-
-
-
3 565
total
-
-
-
49 560
Employee
54 799
-
91 293
-
income
4 781
-
15 712
-
social contributions
1 561
-
2 602
-
surtax
-
-
-
-
pensions
6 198
-
5 396
-
total
12 540
-
23 710
-
Employer
54 799
-
91 293
-
unemployment
2 220
-
3 698
-
social contributions
164
-
274
-
pensions
9 004
-
9 257
-
other
1 891
-
3 155
-
health
3 835
-
7 322
-
total
17 114
-
23 706
-
Corporate
43 086
115 000
-
-
income
12 064
32 200
-
-
surtax
-
-
-
-
total
12 064
32 200
-
-
Dividends
31 021
82 800
-
-
withholding
3 970
10 598
-
-
surtax
-
-
-
-
social contributions
5 335
14 241
-
-
total
9 305
24 839
-
-
Income
115 000
115 000
115 000
115 000
Total tax
51 023
57 039
47 416
49 560
After tax
63 977
57 961
67 584
65 440
Living cost
42 259
42 259
42 259
42 259
Free-cash
21 718
15 702
25 325
23 181

Estimated living cost  is ₽42259 per week

₽28600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽9622
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
₽50430
₽50431
₽67998
₽63705
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.

-
-
-
115 000
income
-
-
-
25 105
health
-
-
-
6 642
unemployment
-
-
-
967
pensions
-
-
-
16 766
total
-
-
-
49 480
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.

22 754
-
103 458
-
income
3 136
-
25 105
-
health
1 172
-
3 321
-
unemployment
171
-
484
-
pensions
3 186
-
9 028
-
total
7 665
-
37 938
-
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.

22 754
-
103 458
-
unemployment
171
-
484
-
pensions
2 730
-
7 738
-
health
1 172
-
3 321
-
total
4 073
-
11 543
-
Corporate
88 173
115 000
-
-
income
13 226
17 250
-
-
total
13 226
17 250
-
-
Dividends
74 947
97 750
-
-
withholding
11 242
14 663
-
-
total
11 242
14 663
-
-
Income
115 000
115 000
115 000
115 000
Total tax
36 206
31 913
49 481
49 480
After tax
78 794
83 087
65 519
65 520
Living cost
15 089
15 089
15 089
15 089
Free-cash
63 705
67 998
50 430
50 431

Estimated living cost  is ₽15089 per week

₽10160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3326
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
₽27577
₽33166
-₽8478
₽17648
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
-
-
-
115 000
regional
-
-
-
5 053
national
-
-
-
1 366
health
-
-
-
259
city
-
-
-
1 212
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.

-
-
-
2 299
pensions
-
-
-
10 580
total
-
-
-
20 769
Employee
71 462
-
102 931
-
regional
2 340
-
4 338
-
city
767
-
1 106
-
health
162
-
232
-
unemployment
-
-
-
-
national
338
-
1 101
-
pensions
6 004
-
8 645
-
total
9 611
-
15 422
-
Employer
71 462
-
102 931
-
unemployment
-
-
-
-
pensions
6 004
-
8 645
-
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.

1 429
-
2 059
-
health
162
-
232
-
total
7 595
-
10 936
-
Corporate
35 158
115 000
-
-
regional
7 436
24 322
-
-
national
2 988
9 776
-
-
total
10 424
34 098
-
-
Dividends
24 735
80 902
-
-
withholding
8 657
28 315
-
-
total
8 657
28 315
-
-
Income
115 000
115 000
115 000
115 000
Total tax
36 287
62 413
26 358
20 769
After tax
78 713
52 587
88 642
94 231
Living cost
61 065
61 065
61 065
61 065
Free-cash
17 648
-8 478
27 577
33 166

Estimated living cost  is ₽61065 per week

₽39710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
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.
₽15125
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
₽29223
₽44992
₽40771
₽41299
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

-
-
-
115 000
municipal
-
-
-
20 447
national
-
-
-
14 564
health
-
-
-
1 406
total
-
-
-
36 417
Employee
46 033
-
96 744
-
health
344
-
1 124
-
unemployment
691
-
1 451
-
national
760
-
9 050
-
municipal
7 540
-
15 775
-
pensions
3 107
-
6 530
-
total
12 442
-
33 930
-
Employer
46 033
-
96 744
-
unemployment
299
-
629
-
pensions
7 986
-
16 785
-
accident
46
-
96
-
health
354
-
746
-
total
8 685
-
18 256
-
Corporate
60 282
115 000
-
-
income
12 056
22 999
-
-
total
12 056
22 999
-
-
Dividends

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

36 170
69 000
-
-
national
417
5 219
-
-
municipal
6 510
12 420
-
-
total
6 927
17 639
-
-
Income
115 000
115 000
115 000
115 000
Total tax
40 110
40 638
52 186
36 417
After tax
74 890
74 362
62 814
78 583
Living cost
33 591
33 591
33 591
33 591
Free-cash
41 299
40 771
29 223
44 992

Estimated living cost  is ₽33591 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽7885
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
₽10770
₽19289
₽32495
₽19371
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
-
-
-
115 000
national
-
-
-
39 796
social contributions
-
-
-
18 205
communal

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

-
-
-
5 808
total
-
-
-
63 809
Employee

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

62 585
-
89 070
-
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.

2 941
-
4 186
-
communal

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

3 264
-
4 646
-
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.

545
-
775
-
national
19 241
-
30 112
-
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.

4 694
-
6 680
-
total
30 685
-
46 399
-
Employer

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

62 585
-
89 070
-
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.

913
-
1 300
-
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.

5 546
-
7 892
-
surtax
7 096
-
10 102
-
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.

814
-
1 157
-
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.

3 849
-
5 478
-
total
18 218
-
25 929
-
Corporate
34 197
115 000
-
-
income
6 839
22 999
-
-
surtax
136
460
-
-
total
6 975
23 459
-
-
Dividends
27 222
91 541
-
-
withholding

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

7 849
27 144
-
-
total
7 849
27 144
-
-
Income
115 000
115 000
115 000
115 000
Total tax
63 727
50 603
72 328
63 809
After tax
51 273
64 397
42 672
51 191
Living cost
31 902
31 902
31 902
31 902
Free-cash
19 371
32 495
10 770
19 289

Estimated living cost  is ₽31902 per week

₽20549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽8064
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
₽24285
₽25251
₽26918
₽26114
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
-
-
-
115 000
municipal
-
-
-
27 501
national
-
-
-
3 599
health
-
-
-
4 906
accident
-
-
-
157
unemployment
-
-
-
79
pensions
-
-
-
8 499
other
-
-
-
9 136
total
-
-
-
53 877
Employee
51 114
-
90 298
-
national
-
-
3 214
-
municipal
15 242
-
26 927
-
total
15 242
-
30 141
-
Employer
51 114
-
90 298
-
unemployment
1 349
-
2 075
-
pensions
5 525
-
8 499
-
other
5 940
-
9 136
-
accident
102
-
157
-
health
3 143
-
4 835
-
total
16 059
-
24 702
-
Corporate
47 826
115 000
-
-
income
10 522
25 300
-
-
total
10 522
25 300
-
-
Dividends
37 304
89 700
-
-
withholding
11 191
26 910
-
-
total
11 191
26 910
-
-
Income
115 000
115 000
115 000
115 000
Total tax
53 014
52 210
54 843
53 877
After tax
61 986
62 790
60 157
61 123
Living cost
35 872
35 872
35 872
35 872
Free-cash
26 114
26 918
24 285
25 251

Estimated living cost  is ₽35872 per week

₽23774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽8033
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
₽63910
₽40321
₽30813
-₽20298
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
-
-
-
115 000
income
-
-
-
22 416
social contributions
-
-
-
13 110
total
-
-
-
35 526
Employee
56 140
-
-
-
income
12 383
-
-
-
social contributions
4 604
-
656
-
total
16 987
-
656
-
Employer
56 140
-
-
-
social contributions
79 158
-
11 281
-
total
79 158
-
11 281
-
Corporate
-
115 000
-
-
income
-
25 300
-
-
total
-
25 300
-
-
Dividends
-
89 700
-
-
income
-
19 734
-
-
total
-
19 734
-
-
Income
115 000
115 000
115 000
115 000
Total tax
96 145
45 034
11 937
35 526
After tax
18 855
69 966
103 063
79 474
Living cost
39 153
39 153
39 153
39 153
Free-cash
-20 298
30 813
63 910
40 321

Estimated living cost  is ₽39153 per week

₽25404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
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.
₽9568
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
₽50894
₽52097
₽55642
₽52014
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
-
-
-
115 000
income
-
-
-
17 436
social contributions
-
-
-
14 156
health
-
-
-
2 932
total
-
-
-
34 524
Employee
67 279
67 279
105 516
-
income
7 065
6 228
16 919
-
social contributions
3 269
5 584
7 531
-
health
669
1 144
1 793
-
total
11 003
12 956
26 243
-
Employer
67 279
67 279
105 516
-
social contributions
3 269
5 584
7 531
-
health
729
1 245
1 953
-
total
3 998
6 829
9 484
-
Corporate
71 620
40 892
-
-
income
8 953
5 112
-
-
total
8 953
5 112
-
-
Dividends
62 667
35 780
-
-
withholding
10 653
6 082
-
-
total
10 653
6 082
-
-
Income
115 000
115 000
115 000
115 000
Total tax
34 607
30 979
35 727
34 524
After tax
80 393
84 021
79 273
80 476
Living cost
28 379
28 379
28 379
28 379
Free-cash
52 014
55 642
50 894
52 097

Estimated living cost  is ₽28379 per week

₽19400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽6286
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
₽36603
₽47207
₽47382
₽49637
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
-
-
-
115 000
income
-
-
-
29 109
pensions
-
-
-
6 974
total
-
-
-
36 083
Employee
43 526
-
100 785
-
income
7 926
-
22 040
-
health
568
-
1 598
-
pensions
3 322
-
8 835
-
total
11 816
-
32 473
-
Employer
43 526
-
100 785
-
pensions
4 398
-
12 298
-
health
827
-
1 916
-
total
5 225
-
14 214
-
Corporate
66 249
115 000
-
-
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.

12 587
21 850
-
-
total
12 587
21 850
-
-
Dividends
53 662
93 150
-
-
withholding
4 025
14 058
-
-
total
4 025
14 058
-
-
Income
115 000
115 000
115 000
115 000
Total tax
33 653
35 908
46 687
36 083
After tax
81 347
79 092
68 313
78 917
Living cost
31 710
31 710
31 710
31 710
Free-cash
49 637
47 382
36 603
47 207

Estimated living cost  is ₽31710 per week

₽21753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
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.
₽6642
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
₽15636
₽20898
₽25719
₽21738
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
-
-
-
115 000
municipal
-
-
-
769
regional
-
-
-
2 549
national
-
-
-
26 350
social contributions
-
-
-
29 578
total
-
-
-
59 246
Employee
73 728
-
115 000
-
regional
1 113
-
2 189
-
social contributions
24 861
-
38 778
-
national
12 459
-
22 855
-
municipal
440
-
686
-
total
38 873
-
64 508
-
Employer
73 728
-
115 000
-
total
-
-
-
-
Corporate
41 272
115 000
-
-
nationa
9 906
27 600
-
-
municipal
1 989
5 542
-
-
total
11 895
33 142
-
-
Dividends
29 377
81 857
-
-
withholding
7 638
21 283
-
-
total
7 638
21 283
-
-
Income
115 000
115 000
115 000
115 000
Total tax
58 406
54 425
64 508
59 246
After tax
56 594
60 575
50 492
55 754
Living cost
34 856
34 856
34 856
34 856
Free-cash
21 738
25 719
15 636
20 898

Estimated living cost  is ₽34856 per week

₽24484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽7447
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
₽43432
₽60712
-₽8693
₽6553
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
-
-
-
115 000
income
-
-
-
30 579
health
-
-
-
1 785
accident
-
-
-
207
pensions
-
-
-
3 406
other
-
-
-
303
total
-
-
-
36 280
Employee
28 328
-
101 788
-
income
3 886
-
22 448
-
health
3 244
-
11 655
-
pensions
3 190
-
6 245
-
total
10 320
-
40 348
-
Employer
28 328
-
101 788
-
unemployment
694
-
2 494
-
pensions
4 606
-
9 018
-
accident
473
-
1 700
-
total
5 773
-
13 212
-
Corporate
80 899
115 000
-
-
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.

72 809
103 500
-
-
total
72 809
103 500
-
-
Dividends
8 090
11 500
-
-
withholding
1 537
2 185
-
-
total
1 537
2 185
-
-
Income
115 000
115 000
115 000
115 000
Total tax
90 439
105 685
53 560
36 280
After tax
24 561
9 315
61 440
78 720
Living cost
18 008
18 008
18 008
18 008
Free-cash
6 553
-8 693
43 432
60 712

Estimated living cost  is ₽18008 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽3437
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
₽42317
₽31652
₽25471
₽36917
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.

-
-
-
115 000
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.

-
-
-
31 210
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.

-
-
-
5 977
trade
-
-
-
10 665
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
-
-
-
49 569
Employee

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

43 534
-
115 000
-
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.

3 580
-
31 210
-
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.

5 977
-
5 977
-
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.

198
-
1 717
-
total
9 755
-
38 904
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 466
115 000
-
-
chamber of commerce
237
302
-
-
income
10 719
17 250
-
-
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.

589
948
-
-
trade
10 256
16 502
-
-
total
21 801
35 002
-
-
Dividends
49 664
79 998
-
-
withholding
12 084
19 667
-
-
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.

664
1 081
-
-
total
12 748
20 748
-
-
Income
115 000
115 000
115 000
115 000
Total tax
44 304
55 750
38 904
49 569
After tax
70 696
59 250
76 096
65 431
Living cost
33 779
33 779
33 779
33 779
Free-cash
36 917
25 471
42 317
31 652

Estimated living cost  is ₽33779 per week

₽23302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6353
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
₽46304
₽16205
₽73798
₽66620
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.

-
-
-
115 000
microenterprise
-
-
-
-
income
-
-
-
17 744
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.

-
-
-
33 523
surtax
-
-
-
29 325
total
-
-
-
80 592
Employee
25 566
-
92 675
-
income
4 551
-
17 973
-
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.

2 813
-
10 195
-
surtax
-
-
-
-
total
7 364
-
28 168
-
Employer
25 566
-
92 675
-
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.

6 158
-
22 325
-
surtax
-
-
-
-
total
6 158
-
22 325
-
Corporate
83 275
115 000
-
-
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%.

16 655
22 999
-
-
total
16 655
22 999
-
-
Dividends

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

66 620
92 001
-
-
total
-
-
-
-
Income
115 000
115 000
115 000
115 000
Total tax
30 177
22 999
50 493
80 592
After tax
84 823
92 001
64 507
34 408
Living cost
18 203
18 203
18 203
18 203
Free-cash
66 620
73 798
46 304
16 205

Estimated living cost  is ₽18203 per week

₽11613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4443
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
₽55956
₽56762
₽60427
₽58566
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
-
-
-
115 000
income
-
-
-
32 646
health
-
-
-
5 993
pensions
-
-
-
8 266
total
-
-
-
46 905
Employee
17 261
-
105 700
-
income
3 339
-
32 212
-
health
863
-
2 067
-
unemployment
173
-
413
-
pensions
1 553
-
3 720
-
total
5 928
-
38 412
-
Employer
17 261
-
105 700
-
unemployment
345
-
827
-
pensions
1 899
-
4 546
-
health
1 640
-
3 926
-
total
3 884
-
9 299
-
Corporate
93 855
115 000
-
-
income
20 648
25 300
-
-
total
20 648
25 300
-
-
Dividends
73 207
89 700
-
-
withholding
14 641
17 940
-
-
total
14 641
17 940
-
-
Income
115 000
115 000
115 000
115 000
Total tax
45 101
43 240
47 711
46 905
After tax
69 899
71 760
67 289
68 095
Living cost
11 333
11 333
11 333
11 333
Free-cash
58 566
60 427
55 956
56 762

Estimated living cost  is ₽11333 per week

₽6735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
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.
₽3420
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
₽33240
₽35142
₽52683
₽49897
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
-
-
-
115 000
income
-
-
-
25 351
health
-
-
-
8 164
unemployment
-
-
-
199
surtax
-
-
-
3 493
pensions
-
-
-
22 999
other
-
-
-
-
total
-
-
-
60 206
Employee
29 465
-
95 003
-
other
-
-
-
-
income
4 940
-
23 547
-
health
752
-
2 422
-
unemployment
2 051
-
6 612
-
surtax
105
-
3 193
-
pensions
1 966
-
6 336
-
total
9 814
-
42 110
-
Employer
29 465
-
95 003
-
unemployment
935
-
3 012
-
pensions
3 928
-
12 664
-
other
-
-
-
-
health
1 340
-
4 322
-
total
6 203
-
19 998
-
Corporate
79 332
115 000
-
-
income
20 627
29 900
-
-
total
20 627
29 900
-
-
Dividends
58 705
85 100
-
-
withholding
8 807
12 765
-
-
total
8 807
12 765
-
-
Income
115 000
115 000
115 000
115 000
Total tax
45 451
42 665
62 108
60 206
After tax
69 549
72 335
52 892
54 794
Living cost
19 652
19 652
19 652
19 652
Free-cash
49 897
52 683
33 240
35 142

Estimated living cost  is ₽19652 per week

₽11865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5624
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
₽3470
₽30172
₽36183
₽35753
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
-
-
-
115 000
income
-
-
-
24 359
chamber of commerce
-
-
-