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
₽ 117000
per

Your estimated
City
free-cash

Valencia , Spain
₽39275
₽43248
₽55607
₽51692
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
-
-
-
117 000
income
-
-
-
28 046
accident
-
-
-
690
unemployment
-
-
-
536
pensions
-
-
-
21 677
other
-
-
-
77
total
-
-
-
51 026
Employee
30 558
-
92 580
-
other
30
-
77
-
income
5 891
-
25 713
-
unemployment
474
-
1 187
-
pensions
1 437
-
3 601
-
total
7 832
-
30 578
-
Employer
30 558
-
92 580
-
unemployment
1 681
-
4 213
-
pensions
7 211
-
18 078
-
other
245
-
613
-
accident
605
-
1 517
-
total
9 742
-
24 421
-
Corporate
76 699
117 000
-
-
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.

11 505
17 550
-
-
total
11 505
17 550
-
-
Dividends
65 194
99 450
-
-
withholding
13 503
21 117
-
-
total
13 503
21 117
-
-
Income
117 000
117 000
117 000
117 000
Total tax
42 582
38 667
54 999
51 026
After tax
74 418
78 333
62 001
65 974
Living cost
22 726
22 726
22 726
22 726
Free-cash
51 692
55 607
39 275
43 248

Estimated living cost  is ₽22726 per week

₽15340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
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.
₽4804
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
₽44976
₽40138
₽63939
₽58356
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
-
-
-
117 000
income
-
-
-
16 057
health
-
-
-
5 147
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
28 079
other
-
-
-
5 558
total
-
-
-
54 841
Employee
30 007
-
93 450
-
income
5 166
-
17 669
-
health
420
-
1 308
-
unemployment
300
-
935
-
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.

2 100
-
6 541
-
total
7 986
-
26 453
-
Employer
30 007
-
93 450
-
unemployment
300
-
935
-
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.

5 102
-
15 887
-
other
1 501
-
4 672
-
accident
240
-
748
-
health
420
-
1 308
-
total
7 563
-
23 550
-
Corporate
79 430
117 000
-
-
income
16 681
24 569
-
-
total
16 681
24 569
-
-
Dividends
62 750
92 431
-
-
withholding
4 393
6 471
-
-
total
4 393
6 471
-
-
Income
117 000
117 000
117 000
117 000
Total tax
36 623
31 040
50 003
54 841
After tax
80 377
85 960
66 997
62 159
Living cost
22 021
22 021
22 021
22 021
Free-cash
58 356
63 939
44 976
40 138

Estimated living cost  is ₽22021 per week

₽15559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
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.
₽4620
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
₽85203
₽80922
₽89208
₽85372
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
-
-
-
117 000
income
-
-
-
17 550
health
-
-
-
3 317
unemployment
-
-
-
115
pensions

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

-
-
-
4 269
total
-
-
-
25 251
Employee
14 336
-
111 341
-
income
1 433
-
11 134
-
health
659
-
1 327
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
pensions

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

1 259
-
2 533
-
total
3 509
-
15 311
-
Employer
14 336
-
111 341
-
unemployment
86
-
173
-
pensions

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

1 580
-
3 179
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
990
-
1 990
-
total
2 814
-
5 659
-
Corporate
99 850
117 000
-
-
income
9 985
11 700
-
-
total
9 985
11 700
-
-
Dividends
89 865
105 300
-
-
withholding
4 493
5 265
-
-
total
4 493
5 265
-
-
Income
117 000
117 000
117 000
117 000
Total tax
20 801
16 965
20 970
25 251
After tax
96 199
100 035
96 030
91 749
Living cost
10 827
10 827
10 827
10 827
Free-cash
85 372
89 208
85 203
80 922

Estimated living cost  is ₽10827 per week

₽6321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽287
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.
₽3446
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
₽39224
₽38119
₽30692
₽35576
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
-
-
-
117 000
income
-
-
-
16 003
social contributions
-
-
-
3 333
health
-
-
-
4 056
surtax
-
-
-
-
pensions
-
-
-
23 586
other
-
-
-
3 628
total
-
-
-
50 606
Employee
35 370
-
92 257
-
income
2 087
-
16 423
-
social contributions
1 008
-
2 629
-
surtax
-
-
-
-
pensions
3 999
-
5 707
-
total
7 094
-
24 759
-
Employer
35 370
-
92 257
-
unemployment
1 432
-
3 736
-
social contributions
107
-
276
-
pensions
5 811
-
9 735
-
other
1 220
-
3 297
-
health
2 476
-
7 698
-
total
11 046
-
24 742
-
Corporate
70 584
117 000
-
-
income
19 764
32 761
-
-
surtax
-
-
-
-
total
19 764
32 761
-
-
Dividends
50 820
84 239
-
-
withholding
6 505
10 782
-
-
surtax
-
-
-
-
social contributions
8 740
14 490
-
-
total
15 245
25 272
-
-
Income
117 000
117 000
117 000
117 000
Total tax
53 149
58 033
49 501
50 606
After tax
63 851
58 967
67 499
66 394
Living cost
28 275
28 275
28 275
28 275
Free-cash
35 576
30 692
39 224
38 119

Estimated living cost  is ₽28275 per week

₽17829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
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.
₽7668
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
₽35377
₽31961
₽22877
₽17815
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
-
-
-
117 000
income
-
-
-
30 544
health
-
-
-
10 191
pensions
-
-
-
9 683
total
-
-
-
50 418
Employee
70 574
70 574
101 641
-
income

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

11 552
11 552
11 770
-
health
10 832
9 214
10 191
-
pensions
12 703
9 683
9 683
-
total
35 087
30 449
31 644
-
Employer
70 574
70 574
101 641
-
unemployment
2 541
2 541
3 157
-
pensions
4 912
4 912
6 105
-
health
4 906
4 906
6 096
-
total
12 359
12 359
15 358
-
Corporate
34 933
34 067
-
-
income
6 987
6 813
-
-
total
6 987
6 813
-
-
Dividends
27 946
27 254
-
-
withholding
4 192
4 089
-
-
income
5 939
5 792
-
-
total
10 131
9 881
-
-
Income
117 000
117 000
117 000
117 000
Total tax
64 564
59 502
47 002
50 418
After tax
52 436
57 498
69 998
66 582
Living cost
34 621
34 621
34 621
34 621
Free-cash
17 815
22 877
35 377
31 961

Estimated living cost  is ₽34621 per week

₽24535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽6414
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
₽51510
₽39134
₽34025
₽43168
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.

-
-
-
117 000
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.

-
-
-
32 997
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.

-
-
-
5 646
trade
-
-
-
12 376
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.

-
-
-
1 815
total
-
-
-
52 834
Employee

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

31 610
-
117 000
-
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.

883
-
32 997
-
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.

5 646
-
5 646
-
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
-
1 815
-
total
6 578
-
40 458
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 390
117 000
-
-
chamber of commerce
248
293
-
-
income
12 808
17 550
-
-
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.

704
965
-
-
trade
13 448
18 428
-
-
total
27 208
37 236
-
-
Dividends
58 182
79 765
-
-
withholding
14 231
19 628
-
-
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.

783
1 079
-
-
total
15 014
20 707
-
-
Income
117 000
117 000
117 000
117 000
Total tax
48 800
57 943
40 458
52 834
After tax
68 200
59 057
76 542
64 166
Living cost
25 032
25 032
25 032
25 032
Free-cash
43 168
34 025
51 510
39 134

Estimated living cost  is ₽25032 per week

₽15746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽5900
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
₽61160
₽62266
₽66311
₽61814
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
-
-
-
117 000
income
-
-
-
19 245
social contributions
-
-
-
13 372
health
-
-
-
2 983
total
-
-
-
35 600
Employee
63 549
63 549
107 890
-
income
6 919
5 883
18 649
-
social contributions
2 403
5 274
7 114
-
health
492
1 081
1 833
-
total
9 814
12 238
27 596
-
Employer
63 549
63 549
107 890
-
social contributions
2 403
5 274
7 114
-
health
535
1 176
1 996
-
total
2 938
6 450
9 110
-
Corporate
85 114
47 000
-
-
income
10 639
5 875
-
-
total
10 639
5 875
-
-
Dividends
74 474
41 125
-
-
withholding
12 661
6 992
-
-
total
12 661
6 992
-
-
Income
117 000
117 000
117 000
117 000
Total tax
36 052
31 555
36 706
35 600
After tax
80 948
85 445
80 294
81 400
Living cost
19 134
19 134
19 134
19 134
Free-cash
61 814
66 311
61 160
62 266

Estimated living cost  is ₽19134 per week

₽11468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5367
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
₽29699
₽37714
₽40628
₽39795
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.

-
-
-
117 000
income
-
-
-
12 706
social contributions

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

-
-
-
40 657
surtax
-
-
-
-
total
-
-
-
53 363
Employee
38 010
-
94 545
-
income
7 906
-
28 524
-
social contributions
4 181
-
10 400
-
surtax
-
-
-
-
total
12 087
-
38 924
-
Employer
38 010
-
94 545
-
social contributions
9 027
-
22 454
-
total
9 027
-
22 454
-
Corporate
69 963
117 000
-
-
income
14 692
24 569
-
-
surtax
-
-
-
-
total
14 692
24 569
-
-
Dividends
55 271
92 431
-
-
withholding
15 476
25 880
-
-
total
15 476
25 880
-
-
Income
117 000
117 000
117 000
117 000
Total tax
51 282
50 449
61 378
53 363
After tax
65 718
66 551
55 622
63 637
Living cost
25 923
25 923
25 923
25 923
Free-cash
39 795
40 628
29 699
37 714

Estimated living cost  is ₽25923 per week

₽19395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1529
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽4565
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
₽87412
₽109642
₽104962
₽103802
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%.

-
-
-
117 000
microenterprise

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

-
-
-
1 170
total
-
-
-
1 170
Employee
7 735
-
117 000
-
income
1 547
-
23 400
-
total
1 547
-
23 400
-
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%.

109 265
117 000
-
-
total
-
-
-
-
Dividends
109 265
117 000
-
-
withholding
5 463
5 850
-
-
total
5 463
5 850
-
-
Income
117 000
117 000
117 000
117 000
Total tax
7 010
5 850
23 400
1 170
After tax
109 990
111 150
93 600
115 830
Living cost
6 188
6 188
6 188
6 188
Free-cash
103 802
104 962
87 412
109 642

Estimated living cost  is ₽6188 per week

₽3835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽170
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.
₽1669
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
₽33329
₽36426
₽58389
₽51474
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.

-
-
-
117 000
income
-
-
-
25 351
health
-
-
-
11 513
unemployment
-
-
-
176
pensions
-
-
-
21 367
total
-
-
-
58 407
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.

36 545
-
101 235
-
income
6 302
-
23 369
-
health
2 360
-
6 540
-
unemployment
52
-
141
-
pensions
5 665
-
15 691
-
total
14 379
-
45 741
-
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.

36 545
-
101 235
-
unemployment
22
-
61
-
pensions
3 234
-
8 960
-
health
2 434
-
6 742
-
total
5 690
-
15 763
-
Corporate
74 765
117 000
-
-
income
14 206
22 229
-
-
total
14 206
22 229
-
-
Dividends
60 559
94 771
-
-
withholding
9 084
14 215
-
-
total
9 084
14 215
-
-
Income
117 000
117 000
117 000
117 000
Total tax
43 359
36 444
61 504
58 407
After tax
73 641
80 556
55 496
58 593
Living cost
22 167
22 167
22 167
22 167
Free-cash
51 474
58 389
33 329
36 426

Estimated living cost  is ₽22167 per week

₽15213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
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.
₽5105
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
₽54932
₽58042
₽41684
₽44573
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.

-
-
-
117 000
income
-
-
-
23 525
health

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

-
-
-
5 433
total
-
-
-
28 958
Employee
37 912
-
113 198
-
social contributions
3 798
-
3 802
-
income
4 114
-
24 464
-
total
7 912
-
28 266
-
Employer
37 912
-
113 198
-
social contributions
3 798
-
3 802
-
total
3 798
-
3 802
-
Corporate
75 289
117 000
-
-
income
26 351
40 950
-
-
total
26 351
40 950
-
-
Dividends
48 939
76 050
-
-
social contributions
4 366
4 366
-
-
total
4 366
4 366
-
-
Income
117 000
117 000
117 000
117 000
Total tax
42 427
45 316
32 068
28 958
After tax
74 573
71 684
84 932
88 042
Living cost
30 000
30 000
30 000
30 000
Free-cash
44 573
41 684
54 932
58 042

Estimated living cost  is ₽30000 per week

₽19761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽7413
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
₽56040
₽57614
₽53857
₽54285
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
-
-
-
117 000
income
-
-
-
17 550
social contributions
-
-
-
16 146
health
-
-
-
8 166
total
-
-
-
41 862
Employee
28 021
-
117 000
-
income
4 674
-
19 124
-
social contributions
3 867
-
16 146
-
health
1 956
-
8 166
-
total
10 497
-
43 436
-
Employer
28 021
-
117 000
-
total
-
-
-
-
Corporate
88 979
117 000
-
-
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%.

4 449
5 850
-
-
total
4 449
5 850
-
-
Dividends
84 530
111 150
-
-
withholding
12 680
16 673
-
-
health
5 900
7 758
-
-
social contributions
11 665
15 338
-
-
total
30 245
39 769
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 191
45 619
43 436
41 862
After tax
71 809
71 381
73 564
75 138
Living cost
17 524
17 524
17 524
17 524
Free-cash
54 285
53 857
56 040
57 614

Estimated living cost  is ₽17524 per week

₽11728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
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.
₽4311
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
₽36703
₽40850
₽57884
₽49795
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
-
-
-
117 000
income
-
-
-
11 210
social contributions
-
-
-
26 474
solidarity contribution
-
-
-
-
health
-
-
-
15 795
total
-
-
-
53 479
Employee
33 340
-
87 313
-
solidarity contribution
-
-
-
-
income
4 001
-
10 478
-
social contributions
2 167
-
5 675
-
health
4 501
-
11 787
-
total
10 669
-
27 940
-
Employer
33 340
-
87 313
-
social contributions
8 335
-
21 828
-
health
3 001
-
7 858
-
total
11 336
-
29 686
-
Corporate
72 325
117 000
-
-
income
13 742
22 230
-
-
total
13 742
22 230
-
-
Dividends
58 583
94 770
-
-
withholding
8 787
14 215
-
-
total
8 787
14 215
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 534
36 445
57 626
53 479
After tax
72 466
80 555
59 374
63 521
Living cost
22 671
22 671
22 671
22 671
Free-cash
49 795
57 884
36 703
40 850

Estimated living cost  is ₽22671 per week

₽16860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4163
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
₽83957
₽106187
₽101507
₽99698
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%.

-
-
-
117 000
microenterprise

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

-
-
-
1 170
total
-
-
-
1 170
Employee
12 054
-
117 000
-
income
2 411
-
23 400
-
total
2 411
-
23 400
-
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%.

104 946
117 000
-
-
total
-
-
-
-
Dividends
104 946
117 000
-
-
withholding
5 248
5 850
-
-
total
5 248
5 850
-
-
Income
117 000
117 000
117 000
117 000
Total tax
7 659
5 850
23 400
1 170
After tax
109 341
111 150
93 600
115 830
Living cost
9 643
9 643
9 643
9 643
Free-cash
99 698
101 507
83 957
106 187

Estimated living cost  is ₽9643 per week

₽6526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
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.
₽2389
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
₽27583
₽26478
₽19051
₽24731
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
-
-
-
117 000
income
-
-
-
16 003
social contributions
-
-
-
3 333
health
-
-
-
4 056
surtax
-
-
-
-
pensions
-
-
-
23 586
other
-
-
-
3 628
total
-
-
-
50 606
Employee
51 761
-
92 257
-
income
4 516
-
16 423
-
social contributions
1 474
-
2 629
-
surtax
-
-
-
-
pensions
5 855
-
5 707
-
total
11 845
-
24 759
-
Employer
51 761
-
92 257
-
unemployment
2 097
-
3 736
-
social contributions
155
-
276
-
pensions
8 505
-
9 735
-
other
1 786
-
3 297
-
health
3 623
-
7 698
-
total
16 166
-
24 742
-
Corporate
49 072
117 000
-
-
income
13 740
32 761
-
-
surtax
-
-
-
-
total
13 740
32 761
-
-
Dividends
35 332
84 239
-
-
withholding
4 523
10 782
-
-
surtax
-
-
-
-
social contributions
6 079
14 490
-
-
total
10 602
25 272
-
-
Income
117 000
117 000
117 000
117 000
Total tax
52 353
58 033
49 501
50 606
After tax
64 647
58 967
67 499
66 394
Living cost
39 916
39 916
39 916
39 916
Free-cash
24 731
19 051
27 583
26 478

Estimated living cost  is ₽39916 per week

₽27014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
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.
₽9088
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
₽53940
₽53940
₽70290
₽66237
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.

-
-
-
117 000
income
-
-
-
25 810
health
-
-
-
6 269
unemployment
-
-
-
913
pensions
-
-
-
15 825
total
-
-
-
48 817
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.

21 478
-
106 105
-
income
2 961
-
25 810
-
health
1 106
-
3 135
-
unemployment
161
-
456
-
pensions
3 007
-
8 521
-
total
7 235
-
37 922
-
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.

21 478
-
106 105
-
unemployment
161
-
456
-
pensions
2 577
-
7 304
-
health
1 106
-
3 135
-
total
3 844
-
10 895
-
Corporate
91 678
117 000
-
-
income
13 752
17 550
-
-
total
13 752
17 550
-
-
Dividends
77 926
99 450
-
-
withholding
11 689
14 917
-
-
total
11 689
14 917
-
-
Income
117 000
117 000
117 000
117 000
Total tax
36 520
32 467
48 817
48 817
After tax
80 480
84 533
68 183
68 183
Living cost
14 243
14 243
14 243
14 243
Free-cash
66 237
70 290
53 940
53 940

Estimated living cost  is ₽14243 per week

₽9590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽3139
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
₽32007
₽37691
-₽4342
₽20408
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
-
-
-
117 000
regional
-
-
-
5 357
national
-
-
-
1 507
health
-
-
-
263
city
-
-
-
1 233
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.

-
-
-
2 340
pensions
-
-
-
10 765
total
-
-
-
21 465
Employee
67 693
-
104 721
-
regional
2 217
-
4 631
-
city
726
-
1 125
-
health
153
-
236
-
unemployment
-
-
-
-
national
320
-
1 236
-
pensions
5 687
-
8 795
-
total
9 103
-
16 023
-
Employer
67 693
-
104 721
-
unemployment
-
-
-
-
pensions
5 687
-
8 795
-
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.

1 353
-
2 095
-
health
153
-
236
-
total
7 193
-
11 126
-
Corporate
41 369
117 000
-
-
regional
8 749
24 745
-
-
national
3 517
9 945
-
-
total
12 266
34 690
-
-
Dividends
29 104
82 310
-
-
withholding
10 186
28 808
-
-
total
10 186
28 808
-
-
Income
117 000
117 000
117 000
117 000
Total tax
38 748
63 498
27 149
21 465
After tax
78 252
53 502
89 851
95 535
Living cost
57 844
57 844
57 844
57 844
Free-cash
20 408
-4 342
32 007
37 691

Estimated living cost  is ₽57844 per week

₽37615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
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.
₽14328
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
₽31464
₽47506
₽43361
₽44504
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

-
-
-
117 000
municipal
-
-
-
20 798
national
-
-
-
15 510
health
-
-
-
1 457
total
-
-
-
37 765
Employee
43 481
-
98 426
-
health
325
-
1 172
-
unemployment
652
-
1 476
-
national
718
-
9 899
-
municipal
7 122
-
16 044
-
pensions
2 934
-
6 643
-
total
11 751
-
35 234
-
Employer
43 481
-
98 426
-
unemployment
282
-
640
-
pensions
7 544
-
17 077
-
accident
44
-
99
-
health
334
-
757
-
total
8 204
-
18 573
-
Corporate
65 316
117 000
-
-
income
13 063
23 399
-
-
total
13 063
23 399
-
-
Dividends

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

39 190
70 200
-
-
national
695
5 875
-
-
municipal
7 054
12 636
-
-
total
7 749
18 511
-
-
Income
117 000
117 000
117 000
117 000
Total tax
40 767
41 910
53 807
37 765
After tax
76 233
75 090
63 193
79 235
Living cost
31 729
31 729
31 729
31 729
Free-cash
44 504
43 361
31 464
47 506

Estimated living cost  is ₽31729 per week

₽20725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
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.
₽7448
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
₽12653
₽21385
₽35362
₽22967
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
-
-
-
117 000
national
-
-
-
41 184
social contributions
-
-
-
18 381
communal

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

-
-
-
5 917
total
-
-
-
65 482
Employee

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

59 116
-
90 621
-
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.

2 777
-
4 258
-
communal

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

3 083
-
4 727
-
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.

514
-
789
-
national
18 174
-
31 263
-
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.

4 434
-
6 797
-
total
28 982
-
47 834
-
Employer

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

59 116
-
90 621
-
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.

863
-
1 324
-
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.

5 238
-
8 028
-
surtax
6 703
-
10 276
-
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.

768
-
1 178
-
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.

3 635
-
5 574
-
total
17 207
-
26 380
-
Corporate
40 677
117 000
-
-
income
8 135
23 399
-
-
surtax
163
467
-
-
total
8 298
23 866
-
-
Dividends
32 379
93 133
-
-
withholding

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

9 413
27 639
-
-
total
9 413
27 639
-
-
Income
117 000
117 000
117 000
117 000
Total tax
63 900
51 505
74 214
65 482
After tax
53 100
65 495
42 786
51 518
Living cost
30 133
30 133
30 133
30 133
Free-cash
22 967
35 362
12 653
21 385

Estimated living cost  is ₽30133 per week

₽19410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7617
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
₽27051
₽27966
₽29899
₽29136
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
-
-
-
117 000
municipal
-
-
-
28 455
national
-
-
-
5 020
health
-
-
-
4 647
accident
-
-
-
149
unemployment
-
-
-
75
pensions
-
-
-
8 051
other
-
-
-
8 654
total
-
-
-
55 051
Employee
48 422
-
93 599
-
national
-
-
4 655
-
municipal
14 440
-
27 911
-
total
14 440
-
32 566
-
Employer
48 422
-
93 599
-
unemployment
1 278
-
1 966
-
pensions
5 234
-
8 051
-
other
5 627
-
8 654
-
accident
97
-
149
-
health
2 978
-
4 580
-
total
15 214
-
23 400
-
Corporate
53 363
117 000
-
-
income
11 740
25 740
-
-
total
11 740
25 740
-
-
Dividends
41 623
91 260
-
-
withholding
12 487
27 378
-
-
total
12 487
27 378
-
-
Income
117 000
117 000
117 000
117 000
Total tax
53 881
53 118
55 966
55 051
After tax
63 119
63 882
61 034
61 949
Living cost
33 983
33 983
33 983
33 983
Free-cash
29 136
29 899
27 051
27 966

Estimated living cost  is ₽33983 per week

₽22522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽7610
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
₽67766
₽43125
₽33452
-₽13381
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
-
-
-
117 000
income
-
-
-
22 806
social contributions
-
-
-
13 338
total
-
-
-
36 144
Employee
54 100
-
-
-
income
11 933
-
-
-
social contributions
4 436
-
632
-
total
16 369
-
632
-
Employer
54 100
-
-
-
social contributions
76 281
-
10 871
-
total
76 281
-
10 871
-
Corporate
-
117 000
-
-
income
-
25 740
-
-
total
-
25 740
-
-
Dividends
-
91 260
-
-
income
-
20 077
-
-
total
-
20 077
-
-
Income
117 000
117 000
117 000
117 000
Total tax
92 650
45 817
11 503
36 144
After tax
24 350
71 183
105 497
80 856
Living cost
37 731
37 731
37 731
37 731
Free-cash
-13 381
33 452
67 766
43 125

Estimated living cost  is ₽37731 per week

₽24481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
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.
₽9220
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
₽53488
₽54594
₽58640
₽55215
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
-
-
-
117 000
income
-
-
-
19 245
social contributions
-
-
-
13 372
health
-
-
-
2 983
total
-
-
-
35 600
Employee
63 549
63 549
107 890
-
income
6 673
5 883
18 649
-
social contributions
3 088
5 274
7 114
-
health
632
1 081
1 833
-
total
10 393
12 238
27 596
-
Employer
63 549
63 549
107 890
-
social contributions
3 088
5 274
7 114
-
health
688
1 176
1 996
-
total
3 776
6 450
9 110
-
Corporate
76 025
47 000
-
-
income
9 502
5 875
-
-
total
9 502
5 875
-
-
Dividends
66 522
41 125
-
-
withholding
11 309
6 992
-
-
total
11 309
6 992
-
-
Income
117 000
117 000
117 000
117 000
Total tax
34 980
31 555
36 706
35 600
After tax
82 020
85 445
80 294
81 400
Living cost
26 805
26 805
26 805
26 805
Free-cash
55 215
58 640
53 488
54 594

Estimated living cost  is ₽26805 per week

₽18324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5938
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
₽38634
₽49371
₽49226
₽52904
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
-
-
-
117 000
income
-
-
-
30 667
pensions
-
-
-
6 787
total
-
-
-
37 454
Employee
41 420
-
102 447
-
income
7 543
-
23 511
-
health
540
-
1 587
-
pensions
3 161
-
8 540
-
total
11 244
-
33 638
-
Employer
41 420
-
102 447
-
pensions
4 185
-
12 606
-
health
787
-
1 947
-
total
4 972
-
14 553
-
Corporate
70 608
117 000
-
-
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.

13 415
22 230
-
-
total
13 415
22 230
-
-
Dividends
57 194
94 770
-
-
withholding
4 290
15 369
-
-
total
4 290
15 369
-
-
Income
117 000
117 000
117 000
117 000
Total tax
33 921
37 599
48 191
37 454
After tax
83 079
79 401
68 809
79 546
Living cost
30 175
30 175
30 175
30 175
Free-cash
52 904
49 226
38 634
49 371

Estimated living cost  is ₽30175 per week

₽20700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6321
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
₽17943
₽23280
₽28704
₽24945
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
-
-
-
117 000
municipal
-
-
-
783
regional
-
-
-
2 648
national
-
-
-
27 273
social contributions
-
-
-
30 093
total
-
-
-
60 797
Employee
69 641
-
117 000
-
regional
1 051
-
2 286
-
social contributions
23 482
-
39 453
-
national
11 769
-
23 697
-
municipal
416
-
698
-
total
36 718
-
66 134
-
Employer
69 641
-
117 000
-
total
-
-
-
-
Corporate
47 359
117 000
-
-
nationa
11 366
28 079
-
-
municipal
2 283
5 640
-
-
total
13 649
33 719
-
-
Dividends
33 710
83 281
-
-
withholding
8 765
21 654
-
-
total
8 765
21 654
-
-
Income
117 000
117 000
117 000
117 000
Total tax
59 132
55 373
66 134
60 797
After tax
57 868
61 627
50 866
56 203
Living cost
32 923
32 923
32 923
32 923
Free-cash
24 945
28 704
17 943
23 280

Estimated living cost  is ₽32923 per week

₽23126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
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.
₽7034
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
₽45524
₽62780
-₽7801
₽6826
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
-
-
-
117 000
income
-
-
-
31 472
health
-
-
-
1 713
accident
-
-
-
198
pensions
-
-
-
3 268
other
-
-
-
291
total
-
-
-
36 942
Employee
27 179
-
104 060
-
income
3 729
-
23 351
-
health
3 112
-
11 915
-
pensions
3 060
-
5 992
-
total
9 901
-
41 258
-
Employer
27 179
-
104 060
-
unemployment
666
-
2 550
-
pensions
4 420
-
8 652
-
accident
454
-
1 738
-
total
5 540
-
12 940
-
Corporate
84 282
117 000
-
-
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.

75 854
105 300
-
-
total
75 854
105 300
-
-
Dividends
8 428
11 700
-
-
withholding
1 601
2 223
-
-
total
1 601
2 223
-
-
Income
117 000
117 000
117 000
117 000
Total tax
92 896
107 523
54 198
36 942
After tax
24 104
9 477
62 802
80 058
Living cost
17 278
17 278
17 278
17 278
Free-cash
6 826
-7 801
45 524
62 780

Estimated living cost  is ₽17278 per week

₽12663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
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.
₽3297
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
₽44635
₽33359
₽28353
₽39166
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.

-
-
-
117 000
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.

-
-
-
32 997
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.

-
-
-
5 646
trade
-
-
-
11 276
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.

-
-
-
1 815
total
-
-
-
51 734
Employee

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

41 120
-
117 000
-
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.

3 381
-
32 997
-
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.

5 646
-
5 646
-
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.

187
-
1 815
-
total
9 214
-
40 458
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 880
117 000
-
-
chamber of commerce
237
296
-
-
income
11 381
17 550
-
-
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.

626
965
-
-
trade
10 889
16 789
-
-
total
23 133
35 600
-
-
Dividends
52 747
81 401
-
-
withholding
12 873
20 037
-
-
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.

707
1 103
-
-
total
13 580
21 140
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 927
56 740
40 458
51 734
After tax
71 073
60 260
76 542
65 266
Living cost
31 907
31 907
31 907
31 907
Free-cash
39 166
28 353
44 635
33 359

Estimated living cost  is ₽31907 per week

₽22010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6000
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
₽48364
₽19621
₽76408
₽69627
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.

-
-
-
117 000
microenterprise
-
-
-
-
income
-
-
-
18 686
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
31 664
surtax
-
-
-
29 836
total
-
-
-
80 186
Employee
24 149
-
94 286
-
income
4 299
-
18 358
-
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.

2 657
-
10 371
-
surtax
-
-
-
-
total
6 956
-
28 729
-
Employer
24 149
-
94 286
-
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.

5 817
-
22 714
-
surtax
-
-
-
-
total
5 817
-
22 714
-
Corporate
87 034
117 000
-
-
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%.

17 407
23 399
-
-
total
17 407
23 399
-
-
Dividends

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

69 627
93 601
-
-
total
-
-
-
-
Income
117 000
117 000
117 000
117 000
Total tax
30 180
23 399
51 443
80 186
After tax
86 820
93 601
65 557
36 814
Living cost
17 193
17 193
17 193
17 193
Free-cash
69 627
76 408
48 364
19 621

Estimated living cost  is ₽17193 per week

₽10969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
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
₽58346
₽59105
₽62333
₽60579
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
-
-
-
117 000
income
-
-
-
33 787
health
-
-
-
5 646
pensions
-
-
-
7 787
total
-
-
-
47 220
Employee
16 260
-
108 240
-
income
3 145
-
33 378
-
health
813
-
1 947
-
unemployment
163
-
389
-
pensions
1 463
-
3 504
-
total
5 584
-
39 218
-
Employer
16 260
-
108 240
-
unemployment
325
-
779
-
pensions
1 789
-
4 283
-
health
1 545
-
3 699
-
total
3 659
-
8 761
-
Corporate
97 081
117 000
-
-
income
21 358
25 740
-
-
total
21 358
25 740
-
-
Dividends
75 724
91 260
-
-
withholding
15 145
18 252
-
-
total
15 145
18 252
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 746
43 992
47 979
47 220
After tax
71 254
73 008
69 021
69 780
Living cost
10 675
10 675
10 675
10 675
Free-cash
60 579
62 333
58 346
59 105

Estimated living cost  is ₽10675 per week

₽6344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽244
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.
₽3221
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
₽34150
₽36956
₽55029
₽52401
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
-
-
-
117 000
income
-
-
-
27 508
health
-
-
-
7 831
unemployment
-
-
-
188
surtax
-
-
-
3 894
pensions
-
-
-
22 060
other
-
-
-
-
total
-
-
-
61 481
Employee
27 832
-
96 654
-
other
-
-
-
-
income
4 666
-
24 852
-
health
710
-
2 465
-
unemployment
1 937
-
6 727
-
surtax
99
-
3 450
-
pensions
1 857
-
6 447
-
total
9 269
-
43 941
-
Employer
27 832
-
96 654
-
unemployment
883
-
3 064
-
pensions
3 711
-
12 884
-
other
-
-
-
-
health
1 266
-
4 398
-
total
5 860
-
20 346
-
Corporate
83 309
117 000
-
-
income
21 660
30 421
-
-
total
21 660
30 421
-
-
Dividends
61 649
86 579
-
-
withholding
9 247
12 987
-
-
total
9 247
12 987
-
-
Income
117 000
117 000
117 000
117 000
Total tax
46 036
43 408
64 287
61 481
After tax
70 964
73 592
52 713
55 519
Living cost
18 563
18 563
18 563
18 563
Free-cash
52 401
55 029
34 150
36 956

Estimated living cost  is ₽18563 per week

₽11207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
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.
₽5312
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
₽4736
₽33324
₽38731
₽38322
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
-
-
-
117 000
income
-
-
-
26 527
chamber of commerce
-
-
-