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
₽ 118000
per

Your estimated
City
free-cash

Valencia , Spain
₽39886
₽43793
₽56249
₽52349
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
-
-
-
118 000
income
-
-
-
28 475
accident
-
-
-
690
unemployment
-
-
-
537
pensions
-
-
-
21 689
other
-
-
-
77
total
-
-
-
51 468
Employee
30 575
-
93 566
-
other
30
-
77
-
income
5 895
-
26 073
-
unemployment
474
-
1 188
-
pensions
1 437
-
3 603
-
total
7 836
-
30 941
-
Employer
30 575
-
93 566
-
unemployment
1 682
-
4 215
-
pensions
7 215
-
18 088
-
other
245
-
614
-
accident
606
-
1 517
-
total
9 748
-
24 434
-
Corporate
77 677
118 000
-
-
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.

11 651
17 701
-
-
total
11 651
17 701
-
-
Dividends
66 025
100 299
-
-
withholding
13 677
21 311
-
-
total
13 677
21 311
-
-
Income
118 000
118 000
118 000
118 000
Total tax
42 912
39 012
55 375
51 468
After tax
75 088
78 988
62 625
66 532
Living cost
22 739
22 739
22 739
22 739
Free-cash
52 349
56 249
39 886
43 793

Estimated living cost  is ₽22739 per week

₽15348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽4806
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
₽45508
₽40627
₽64662
₽59074
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
-
-
-
118 000
income
-
-
-
16 221
health
-
-
-
5 192
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.

-
-
-
28 321
other
-
-
-
5 605
total
-
-
-
55 339
Employee
30 024
-
94 247
-
income
5 169
-
17 848
-
health
421
-
1 320
-
unemployment
300
-
943
-
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.

2 101
-
6 597
-
total
7 991
-
26 708
-
Employer
30 024
-
94 247
-
unemployment
300
-
943
-
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.

5 105
-
16 022
-
other
1 502
-
4 712
-
accident
240
-
753
-
health
421
-
1 320
-
total
7 568
-
23 750
-
Corporate
80 409
118 000
-
-
income
16 886
24 779
-
-
total
16 886
24 779
-
-
Dividends
63 523
93 221
-
-
withholding
4 447
6 525
-
-
total
4 447
6 525
-
-
Income
118 000
118 000
118 000
118 000
Total tax
36 892
31 304
50 458
55 339
After tax
81 108
86 696
67 542
62 661
Living cost
22 034
22 034
22 034
22 034
Free-cash
59 074
64 662
45 508
40 627

Estimated living cost  is ₽22034 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
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.
₽4623
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
₽86117
₽81784
₽90070
₽86237
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
-
-
-
118 000
income
-
-
-
17 700
health
-
-
-
3 315
unemployment
-
-
-
115
pensions

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

-
-
-
4 266
total
-
-
-
25 396
Employee
14 327
-
112 345
-
income
1 432
-
11 234
-
health
659
-
1 326
-
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.

1 258
-
2 531
-
total
3 507
-
15 408
-
Employer
14 327
-
112 345
-
unemployment
86
-
173
-
pensions

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

1 579
-
3 176
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
989
-
1 989
-
total
2 812
-
5 655
-
Corporate
100 862
118 000
-
-
income
10 086
11 800
-
-
total
10 086
11 800
-
-
Dividends
90 776
106 200
-
-
withholding
4 538
5 310
-
-
total
4 538
5 310
-
-
Income
118 000
118 000
118 000
118 000
Total tax
20 943
17 110
21 063
25 396
After tax
97 057
100 890
96 937
92 604
Living cost
10 820
10 820
10 820
10 820
Free-cash
86 237
90 070
86 117
81 784

Estimated living cost  is ₽10820 per week

₽6317
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.
₽3444
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
₽39654
₽38654
₽31181
₽36063
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
-
-
-
118 000
income
-
-
-
16 233
social contributions
-
-
-
3 361
health
-
-
-
4 125
surtax
-
-
-
-
pensions
-
-
-
23 678
other
-
-
-
3 658
total
-
-
-
51 055
Employee
35 390
-
92 979
-
income
2 089
-
16 608
-
social contributions
1 009
-
2 649
-
surtax
-
-
-
-
pensions
4 001
-
5 778
-
total
7 099
-
25 035
-
Employer
35 390
-
92 979
-
unemployment
1 433
-
3 766
-
social contributions
107
-
279
-
pensions
5 814
-
9 850
-
other
1 221
-
3 335
-
health
2 478
-
7 790
-
total
11 053
-
25 020
-
Corporate
71 558
118 000
-
-
income
20 036
33 039
-
-
surtax
-
-
-
-
total
20 036
33 039
-
-
Dividends
51 523
84 961
-
-
withholding
6 595
10 875
-
-
surtax
-
-
-
-
social contributions
8 863
14 614
-
-
total
15 458
25 489
-
-
Income
118 000
118 000
118 000
118 000
Total tax
53 646
58 528
50 055
51 055
After tax
64 354
59 472
67 945
66 945
Living cost
28 291
28 291
28 291
28 291
Free-cash
36 063
31 181
39 654
38 654

Estimated living cost  is ₽28291 per week

₽17839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽7672
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
₽36082
₽32431
₽23369
₽18303
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
-
-
-
118 000
income
-
-
-
31 044
health
-
-
-
10 197
pensions
-
-
-
9 688
total
-
-
-
50 929
Employee
70 614
70 614
102 633
-
income

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

11 558
11 558
12 026
-
health
10 838
9 219
10 197
-
pensions
12 711
9 688
9 688
-
total
35 107
30 465
31 911
-
Employer
70 614
70 614
102 633
-
unemployment
2 542
2 542
3 159
-
pensions
4 915
4 915
6 109
-
health
4 908
4 908
6 099
-
total
12 365
12 365
15 367
-
Corporate
35 887
35 021
-
-
income
7 178
7 005
-
-
total
7 178
7 005
-
-
Dividends
28 709
28 016
-
-
withholding
4 306
4 202
-
-
income
6 101
5 954
-
-
total
10 407
10 156
-
-
Income
118 000
118 000
118 000
118 000
Total tax
65 057
59 991
47 278
50 929
After tax
52 943
58 009
70 722
67 071
Living cost
34 640
34 640
34 640
34 640
Free-cash
18 303
23 369
36 082
32 431

Estimated living cost  is ₽34640 per week

₽24549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
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.
₽6418
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
₽52059
₽39529
₽34513
₽43662
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.

-
-
-
118 000
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.

-
-
-
33 408
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.

-
-
-
5 649
trade
-
-
-
12 530
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
1 838
total
-
-
-
53 425
Employee

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

31 627
-
118 000
-
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
-
33 408
-
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.

5 649
-
5 649
-
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
-
1 838
-
total
6 581
-
40 895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 373
118 000
-
-
chamber of commerce
250
295
-
-
income
12 955
17 701
-
-
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.

712
973
-
-
trade
13 603
18 586
-
-
total
27 520
37 555
-
-
Dividends
58 852
80 446
-
-
withholding
14 399
19 797
-
-
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.

792
1 089
-
-
total
15 191
20 886
-
-
Income
118 000
118 000
118 000
118 000
Total tax
49 292
58 441
40 895
53 425
After tax
68 708
59 559
77 105
64 575
Living cost
25 046
25 046
25 046
25 046
Free-cash
43 662
34 513
52 059
39 529

Estimated living cost  is ₽25046 per week

₽15755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5903
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
₽61781
₽62892
₽67027
₽62528
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
-
-
-
118 000
income
-
-
-
19 574
social contributions
-
-
-
13 379
health
-
-
-
3 010
total
-
-
-
35 963
Employee
63 585
63 585
108 867
-
income
6 923
5 886
18 975
-
social contributions
2 404
5 277
7 118
-
health
493
1 081
1 850
-
total
9 820
12 244
27 943
-
Employer
63 585
63 585
108 867
-
social contributions
2 404
5 277
7 118
-
health
535
1 177
2 013
-
total
2 939
6 454
9 131
-
Corporate
86 096
47 961
-
-
income
10 762
5 996
-
-
total
10 762
5 996
-
-
Dividends
75 334
41 965
-
-
withholding
12 806
7 134
-
-
total
12 806
7 134
-
-
Income
118 000
118 000
118 000
118 000
Total tax
36 327
31 828
37 074
35 963
After tax
81 673
86 172
80 926
82 037
Living cost
19 145
19 145
19 145
19 145
Free-cash
62 528
67 027
61 781
62 892

Estimated living cost  is ₽19145 per week

₽11474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5370
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
₽30084
₽38205
₽41182
₽40349
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.

-
-
-
118 000
income
-
-
-
12 853
social contributions

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

-
-
-
41 005
surtax
-
-
-
-
total
-
-
-
53 858
Employee
38 031
-
95 353
-
income
7 911
-
28 843
-
social contributions
4 183
-
10 489
-
surtax
-
-
-
-
total
12 094
-
39 332
-
Employer
38 031
-
95 353
-
social contributions
9 032
-
22 647
-
total
9 032
-
22 647
-
Corporate
70 937
118 000
-
-
income
14 896
24 779
-
-
surtax
-
-
-
-
total
14 896
24 779
-
-
Dividends
56 040
93 221
-
-
withholding
15 692
26 102
-
-
total
15 692
26 102
-
-
Income
118 000
118 000
118 000
118 000
Total tax
51 714
50 881
61 979
53 858
After tax
66 286
67 119
56 021
64 142
Living cost
25 937
25 937
25 937
25 937
Free-cash
40 349
41 182
30 084
38 205

Estimated living cost  is ₽25937 per week

₽19406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
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.
₽4568
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
₽88214
₽110634
₽105914
₽104755
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%.

-
-
-
118 000
microenterprise

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

-
-
-
1 180
total
-
-
-
1 180
Employee
7 732
-
118 000
-
income
1 546
-
23 600
-
total
1 546
-
23 600
-
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%.

110 268
118 000
-
-
total
-
-
-
-
Dividends
110 268
118 000
-
-
withholding
5 513
5 900
-
-
total
5 513
5 900
-
-
Income
118 000
118 000
118 000
118 000
Total tax
7 059
5 900
23 600
1 180
After tax
110 941
112 100
94 400
116 820
Living cost
6 186
6 186
6 186
6 186
Free-cash
104 755
105 914
88 214
110 634

Estimated living cost  is ₽6186 per week

₽3833
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.
₽1668
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
₽33733
₽36856
₽59064
₽52147
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.

-
-
-
118 000
income
-
-
-
25 626
health
-
-
-
11 612
unemployment
-
-
-
177
pensions
-
-
-
21 550
total
-
-
-
58 965
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.

36 566
-
102 104
-
income
6 306
-
23 630
-
health
2 362
-
6 595
-
unemployment
52
-
143
-
pensions
5 668
-
15 825
-
total
14 388
-
46 193
-
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.

36 566
-
102 104
-
unemployment
22
-
61
-
pensions
3 236
-
9 035
-
health
2 435
-
6 799
-
total
5 693
-
15 895
-
Corporate
75 741
118 000
-
-
income
14 391
22 421
-
-
total
14 391
22 421
-
-
Dividends
61 350
95 579
-
-
withholding
9 202
14 336
-
-
total
9 202
14 336
-
-
Income
118 000
118 000
118 000
118 000
Total tax
43 674
36 757
62 088
58 965
After tax
74 326
81 243
55 912
59 035
Living cost
22 179
22 179
22 179
22 179
Free-cash
52 147
59 064
33 733
36 856

Estimated living cost  is ₽22179 per week

₽15221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
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.
₽5108
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
₽55571
₽59014
₽42314
₽45202
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.

-
-
-
118 000
income
-
-
-
23 538
health

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

-
-
-
5 431
total
-
-
-
28 969
Employee
37 933
-
114 196
-
social contributions
3 801
-
3 804
-
income
4 116
-
24 804
-
total
7 917
-
28 608
-
Employer
37 933
-
114 196
-
social contributions
3 801
-
3 804
-
total
3 801
-
3 804
-
Corporate
76 266
118 000
-
-
income
26 694
41 300
-
-
total
26 694
41 300
-
-
Dividends
49 572
76 700
-
-
social contributions
4 369
4 369
-
-
total
4 369
4 369
-
-
Income
118 000
118 000
118 000
118 000
Total tax
42 781
45 669
32 412
28 969
After tax
75 219
72 331
85 588
89 031
Living cost
30 017
30 017
30 017
30 017
Free-cash
45 202
42 314
55 571
59 014

Estimated living cost  is ₽30017 per week

₽19772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2366
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.
₽7418
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
₽56623
₽58244
₽54457
₽54884
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
-
-
-
118 000
income
-
-
-
17 701
social contributions
-
-
-
16 284
health
-
-
-
8 237
total
-
-
-
42 222
Employee
28 037
-
118 000
-
income
4 676
-
19 322
-
social contributions
3 870
-
16 284
-
health
1 957
-
8 237
-
total
10 503
-
43 843
-
Employer
28 037
-
118 000
-
total
-
-
-
-
Corporate
89 963
118 000
-
-
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%.

4 499
5 900
-
-
total
4 499
5 900
-
-
Dividends
85 464
112 100
-
-
withholding
12 820
16 816
-
-
health
5 966
7 824
-
-
social contributions
11 794
15 469
-
-
total
30 580
40 109
-
-
Income
118 000
118 000
118 000
118 000
Total tax
45 582
46 009
43 843
42 222
After tax
72 418
71 991
74 157
75 778
Living cost
17 534
17 534
17 534
17 534
Free-cash
54 884
54 457
56 623
58 244

Estimated living cost  is ₽17534 per week

₽11734
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.
₽4314
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
₽37216
₽41598
₽58578
₽50491
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
-
-
-
118 000
income
-
-
-
11 340
social contributions
-
-
-
26 467
solidarity contribution
-
-
-
-
health
-
-
-
15 930
total
-
-
-
53 737
Employee
33 331
-
88 060
-
solidarity contribution
-
-
-
-
income
4 000
-
10 567
-
social contributions
2 167
-
5 724
-
health
4 500
-
11 888
-
total
10 667
-
28 179
-
Employer
33 331
-
88 060
-
social contributions
8 333
-
22 015
-
health
3 000
-
7 925
-
total
11 333
-
29 940
-
Corporate
73 336
118 000
-
-
income
13 934
22 420
-
-
total
13 934
22 420
-
-
Dividends
59 402
95 580
-
-
withholding
8 910
14 337
-
-
total
8 910
14 337
-
-
Income
118 000
118 000
118 000
118 000
Total tax
44 844
36 757
58 119
53 737
After tax
73 156
81 243
59 881
64 263
Living cost
22 665
22 665
22 665
22 665
Free-cash
50 491
58 578
37 216
41 598

Estimated living cost  is ₽22665 per week

₽16855
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.
₽4162
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
₽84761
₽107181
₽102461
₽100654
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%.

-
-
-
118 000
microenterprise

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

-
-
-
1 180
total
-
-
-
1 180
Employee
12 049
-
118 000
-
income
2 410
-
23 600
-
total
2 410
-
23 600
-
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%.

105 951
118 000
-
-
total
-
-
-
-
Dividends
105 951
118 000
-
-
withholding
5 297
5 900
-
-
total
5 297
5 900
-
-
Income
118 000
118 000
118 000
118 000
Total tax
7 707
5 900
23 600
1 180
After tax
110 293
112 100
94 400
116 820
Living cost
9 639
9 639
9 639
9 639
Free-cash
100 654
102 461
84 761
107 181

Estimated living cost  is ₽9639 per week

₽6523
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.
₽2388
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
₽28007
₽27007
₽19534
₽25216
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
-
-
-
118 000
income
-
-
-
16 233
social contributions
-
-
-
3 361
health
-
-
-
4 125
surtax
-
-
-
-
pensions
-
-
-
23 678
other
-
-
-
3 658
total
-
-
-
51 055
Employee
51 790
-
92 979
-
income
4 519
-
16 608
-
social contributions
1 475
-
2 649
-
surtax
-
-
-
-
pensions
5 858
-
5 778
-
total
11 852
-
25 035
-
Employer
51 790
-
92 979
-
unemployment
2 098
-
3 766
-
social contributions
155
-
279
-
pensions
8 510
-
9 850
-
other
1 787
-
3 335
-
health
3 625
-
7 790
-
total
16 175
-
25 020
-
Corporate
50 034
118 000
-
-
income
14 010
33 039
-
-
surtax
-
-
-
-
total
14 010
33 039
-
-
Dividends
36 025
84 961
-
-
withholding
4 612
10 875
-
-
surtax
-
-
-
-
social contributions
6 197
14 614
-
-
total
10 809
25 489
-
-
Income
118 000
118 000
118 000
118 000
Total tax
52 846
58 528
50 055
51 055
After tax
65 154
59 472
67 945
66 945
Living cost
39 938
39 938
39 938
39 938
Free-cash
25 216
19 534
28 007
27 007

Estimated living cost  is ₽39938 per week

₽27029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
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.
₽9094
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
₽54674
₽54674
₽71005
₽66950
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.

-
-
-
118 000
income
-
-
-
26 058
health
-
-
-
6 272
unemployment
-
-
-
913
pensions
-
-
-
15 833
total
-
-
-
49 076
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.

21 488
-
107 100
-
income
2 962
-
26 058
-
health
1 107
-
3 136
-
unemployment
161
-
457
-
pensions
3 008
-
8 525
-
total
7 238
-
38 176
-
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.

21 488
-
107 100
-
unemployment
161
-
457
-
pensions
2 579
-
7 307
-
health
1 107
-
3 136
-
total
3 847
-
10 900
-
Corporate
92 666
118 000
-
-
income
13 900
17 700
-
-
total
13 900
17 700
-
-
Dividends
78 766
100 300
-
-
withholding
11 815
15 045
-
-
total
11 815
15 045
-
-
Income
118 000
118 000
118 000
118 000
Total tax
36 800
32 745
49 076
49 076
After tax
81 200
85 255
68 924
68 924
Living cost
14 250
14 250
14 250
14 250
Free-cash
66 950
71 005
54 674
54 674

Estimated living cost  is ₽14250 per week

₽9595
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.
₽3141
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
₽32713
₽38444
-₽3911
₽20851
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
-
-
-
118 000
regional
-
-
-
5 428
national
-
-
-
1 533
health
-
-
-
266
city
-
-
-
1 244
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.

-
-
-
2 360
pensions
-
-
-
10 857
total
-
-
-
21 688
Employee
67 720
-
105 617
-
regional
2 217
-
4 694
-
city
727
-
1 134
-
health
153
-
238
-
unemployment
-
-
-
-
national
321
-
1 261
-
pensions
5 689
-
8 871
-
total
9 107
-
16 198
-
Employer
67 720
-
105 617
-
unemployment
-
-
-
-
pensions
5 689
-
8 871
-
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.

1 354
-
2 112
-
health
153
-
238
-
total
7 196
-
11 221
-
Corporate
42 339
118 000
-
-
regional
8 955
24 957
-
-
national
3 598
10 031
-
-
total
12 553
34 988
-
-
Dividends
29 786
83 012
-
-
withholding
10 425
29 055
-
-
total
10 425
29 055
-
-
Income
118 000
118 000
118 000
118 000
Total tax
39 281
64 043
27 419
21 688
After tax
78 719
53 957
90 581
96 312
Living cost
57 868
57 868
57 868
57 868
Free-cash
20 851
-3 911
32 713
38 444

Estimated living cost  is ₽57868 per week

₽37631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5193
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.
₽14333
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
₽31912
₽48092
₽43912
₽45140
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

-
-
-
118 000
municipal
-
-
-
20 975
national
-
-
-
15 714
health
-
-
-
1 472
total
-
-
-
38 161
Employee
43 505
-
99 268
-
health
325
-
1 183
-
unemployment
653
-
1 489
-
national
719
-
10 055
-
municipal
7 126
-
16 182
-
pensions
2 936
-
6 700
-
total
11 759
-
35 609
-
Employer
43 505
-
99 268
-
unemployment
282
-
645
-
pensions
7 548
-
17 224
-
accident
44
-
99
-
health
334
-
764
-
total
8 208
-
18 732
-
Corporate
66 287
118 000
-
-
income
13 257
23 601
-
-
total
13 257
23 601
-
-
Dividends

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

39 772
70 799
-
-
national
730
5 997
-
-
municipal
7 159
12 743
-
-
total
7 889
18 740
-
-
Income
118 000
118 000
118 000
118 000
Total tax
41 113
42 341
54 341
38 161
After tax
76 887
75 659
63 659
79 839
Living cost
31 747
31 747
31 747
31 747
Free-cash
45 140
43 912
31 912
48 092

Estimated living cost  is ₽31747 per week

₽20737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
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.
₽7452
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
₽12938
₽21749
₽35900
₽23500
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
-
-
-
118 000
national
-
-
-
41 609
social contributions
-
-
-
18 523
communal

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

-
-
-
5 969
total
-
-
-
66 101
Employee

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

59 149
-
91 397
-
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.

2 779
-
4 296
-
communal

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

3 085
-
4 767
-
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.

515
-
796
-
national
18 185
-
31 596
-
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.

4 436
-
6 854
-
total
29 000
-
48 309
-
Employer

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

59 149
-
91 397
-
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
-
1 334
-
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.

5 241
-
8 097
-
surtax
6 707
-
10 363
-
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.

769
-
1 188
-
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.

3 637
-
5 621
-
total
17 217
-
26 603
-
Corporate
41 634
118 000
-
-
income
8 326
23 601
-
-
surtax
166
472
-
-
total
8 492
24 073
-
-
Dividends
33 142
93 927
-
-
withholding

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

9 641
27 877
-
-
total
9 641
27 877
-
-
Income
118 000
118 000
118 000
118 000
Total tax
64 350
51 950
74 912
66 101
After tax
53 650
66 050
43 088
51 899
Living cost
30 150
30 150
30 150
30 150
Free-cash
23 500
35 900
12 938
21 749

Estimated living cost  is ₽30150 per week

₽19420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2636
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.
₽7622
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
₽27528
₽28444
₽30421
₽29658
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
-
-
-
118 000
municipal
-
-
-
28 749
national
-
-
-
5 207
health
-
-
-
4 651
accident
-
-
-
149
unemployment
-
-
-
75
pensions
-
-
-
8 057
other
-
-
-
8 661
total
-
-
-
55 549
Employee
48 457
-
94 582
-
national
-
-
4 842
-
municipal
14 450
-
28 204
-
total
14 450
-
33 046
-
Employer
48 457
-
94 582
-
unemployment
1 279
-
1 968
-
pensions
5 238
-
8 057
-
other
5 631
-
8 661
-
accident
97
-
149
-
health
2 980
-
4 584
-
total
15 225
-
23 419
-
Corporate
54 318
118 000
-
-
income
11 950
25 960
-
-
total
11 950
25 960
-
-
Dividends
42 368
92 040
-
-
withholding
12 710
27 612
-
-
total
12 710
27 612
-
-
Income
118 000
118 000
118 000
118 000
Total tax
54 335
53 572
56 465
55 549
After tax
63 665
64 428
61 535
62 451
Living cost
34 007
34 007
34 007
34 007
Free-cash
29 658
30 421
27 528
28 444

Estimated living cost  is ₽34007 per week

₽22538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3337
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.
₽7615
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
₽68807
₽43849
₽34092
-₽12273
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
-
-
-
118 000
income
-
-
-
23 000
social contributions
-
-
-
13 452
total
-
-
-
36 452
Employee
54 055
-
-
-
income
11 923
-
-
-
social contributions
4 433
-
632
-
total
16 356
-
632
-
Employer
54 055
-
-
-
social contributions
76 218
-
10 862
-
total
76 218
-
10 862
-
Corporate
-
118 000
-
-
income
-
25 960
-
-
total
-
25 960
-
-
Dividends
-
92 040
-
-
income
-
20 249
-
-
total
-
20 249
-
-
Income
118 000
118 000
118 000
118 000
Total tax
92 574
46 209
11 494
36 452
After tax
25 426
71 791
106 506
81 548
Living cost
37 699
37 699
37 699
37 699
Free-cash
-12 273
34 092
68 807
43 849

Estimated living cost  is ₽37699 per week

₽24461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽9212
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
₽54106
₽55216
₽59352
₽55923
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
-
-
-
118 000
income
-
-
-
19 574
social contributions
-
-
-
13 379
health
-
-
-
3 010
total
-
-
-
35 963
Employee
63 585
63 585
108 867
-
income
6 677
5 886
18 975
-
social contributions
3 090
5 277
7 118
-
health
632
1 081
1 850
-
total
10 399
12 244
27 943
-
Employer
63 585
63 585
108 867
-
social contributions
3 090
5 277
7 118
-
health
689
1 177
2 013
-
total
3 779
6 454
9 131
-
Corporate
77 002
47 961
-
-
income
9 625
5 996
-
-
total
9 625
5 996
-
-
Dividends
67 376
41 965
-
-
withholding
11 454
7 134
-
-
total
11 454
7 134
-
-
Income
118 000
118 000
118 000
118 000
Total tax
35 257
31 828
37 074
35 963
After tax
82 743
86 172
80 926
82 037
Living cost
26 820
26 820
26 820
26 820
Free-cash
55 923
59 352
54 106
55 216

Estimated living cost  is ₽26820 per week

₽18335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2095
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.
₽5941
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
₽39107
₽49928
₽49748
₽53597
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
-
-
-
118 000
income
-
-
-
31 034
pensions
-
-
-
6 814
total
-
-
-
37 848
Employee
41 487
-
103 314
-
income
7 555
-
23 821
-
health
541
-
1 597
-
pensions
3 166
-
8 566
-
total
11 262
-
33 984
-
Employer
41 487
-
103 314
-
pensions
4 192
-
12 723
-
health
788
-
1 962
-
total
4 980
-
14 685
-
Corporate
71 533
118 000
-
-
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.

13 591
22 420
-
-
total
13 591
22 420
-
-
Dividends
57 942
95 580
-
-
withholding
4 346
15 608
-
-
total
4 346
15 608
-
-
Income
118 000
118 000
118 000
118 000
Total tax
34 179
38 028
48 669
37 848
After tax
83 821
79 972
69 331
80 152
Living cost
30 224
30 224
30 224
30 224
Free-cash
53 597
49 748
39 107
49 928

Estimated living cost  is ₽30224 per week

₽20734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
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.
₽6331
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
₽18309
₽23674
₽29212
₽25451
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
-
-
-
118 000
municipal
-
-
-
789
regional
-
-
-
2 673
national
-
-
-
27 572
social contributions
-
-
-
30 350
total
-
-
-
61 384
Employee
69 680
-
118 000
-
regional
1 052
-
2 310
-
social contributions
23 496
-
39 790
-
national
11 775
-
23 944
-
municipal
416
-
705
-
total
36 739
-
66 749
-
Employer
69 680
-
118 000
-
total
-
-
-
-
Corporate
48 320
118 000
-
-
nationa
11 596
28 319
-
-
municipal
2 329
5 688
-
-
total
13 925
34 007
-
-
Dividends
34 395
83 992
-
-
withholding
8 943
21 839
-
-
total
8 943
21 839
-
-
Income
118 000
118 000
118 000
118 000
Total tax
59 607
55 846
66 749
61 384
After tax
58 393
62 154
51 251
56 616
Living cost
32 942
32 942
32 942
32 942
Free-cash
25 451
29 212
18 309
23 674

Estimated living cost  is ₽32942 per week

₽23139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7038
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
₽46083
₽63447
-₽7735
₽6906
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
-
-
-
118 000
income
-
-
-
31 786
health
-
-
-
1 714
accident
-
-
-
198
pensions
-
-
-
3 271
other
-
-
-
291
total
-
-
-
37 260
Employee
27 203
-
105 013
-
income
3 732
-
23 616
-
health
3 115
-
12 024
-
pensions
3 063
-
5 997
-
total
9 910
-
41 637
-
Employer
27 203
-
105 013
-
unemployment
666
-
2 573
-
pensions
4 423
-
8 660
-
accident
454
-
1 754
-
total
5 543
-
12 987
-
Corporate
85 253
118 000
-
-
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.

76 728
106 200
-
-
total
76 728
106 200
-
-
Dividends
8 525
11 800
-
-
withholding
1 620
2 242
-
-
total
1 620
2 242
-
-
Income
118 000
118 000
118 000
118 000
Total tax
93 801
108 442
54 624
37 260
After tax
24 199
9 558
63 376
80 740
Living cost
17 293
17 293
17 293
17 293
Free-cash
6 906
-7 735
46 083
63 447

Estimated living cost  is ₽17293 per week

₽12674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
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.
₽3300
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
₽45181
₽33765
₽28850
₽39667
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.

-
-
-
118 000
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.

-
-
-
33 408
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.

-
-
-
5 649
trade
-
-
-
11 416
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.

-
-
-
1 838
total
-
-
-
52 311
Employee

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

41 143
-
118 000
-
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.

3 383
-
33 408
-
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.

5 649
-
5 649
-
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
-
1 838
-
total
9 219
-
40 895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 857
118 000
-
-
chamber of commerce
239
298
-
-
income
11 529
17 701
-
-
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.

634
973
-
-
trade
11 028
16 933
-
-
total
23 430
35 905
-
-
Dividends
53 427
82 095
-
-
withholding
13 043
20 210
-
-
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.

717
1 111
-
-
total
13 760
21 321
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 409
57 226
40 895
52 311
After tax
71 591
60 774
77 105
65 689
Living cost
31 924
31 924
31 924
31 924
Free-cash
39 667
28 850
45 181
33 765

Estimated living cost  is ₽31924 per week

₽22022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
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.
₽6004
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
₽48906
₽20114
₽77196
₽70415
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.

-
-
-
118 000
microenterprise
-
-
-
-
income
-
-
-
18 912
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.

-
-
-
31 682
surtax
-
-
-
30 089
total
-
-
-
80 683
Employee
24 162
-
95 093
-
income
4 301
-
18 524
-
social contributions

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

2 658
-
10 460
-
surtax
-
-
-
-
total
6 959
-
28 984
-
Employer
24 162
-
95 093
-
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.

5 820
-
22 907
-
surtax
-
-
-
-
total
5 820
-
22 907
-
Corporate
88 017
118 000
-
-
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%.

17 603
23 601
-
-
total
17 603
23 601
-
-
Dividends

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

70 414
94 399
-
-
total
-
-
-
-
Income
118 000
118 000
118 000
118 000
Total tax
30 382
23 601
51 891
80 683
After tax
87 618
94 399
66 109
37 317
Living cost
17 203
17 203
17 203
17 203
Free-cash
70 415
77 196
48 906
20 114

Estimated living cost  is ₽17203 per week

₽10975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
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.
₽4199
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
₽58990
₽59750
₽62953
₽61199
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
-
-
-
118 000
income
-
-
-
34 135
health
-
-
-
5 647
pensions
-
-
-
7 789
total
-
-
-
47 571
Employee
16 264
-
109 237
-
income
3 146
-
33 726
-
health
813
-
1 947
-
unemployment
163
-
390
-
pensions
1 464
-
3 505
-
total
5 586
-
39 568
-
Employer
16 264
-
109 237
-
unemployment
325
-
779
-
pensions
1 789
-
4 284
-
health
1 545
-
3 700
-
total
3 659
-
8 763
-
Corporate
98 076
118 000
-
-
income
21 577
25 960
-
-
total
21 577
25 960
-
-
Dividends
76 499
92 040
-
-
withholding
15 300
18 408
-
-
total
15 300
18 408
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 122
44 368
48 331
47 571
After tax
71 878
73 632
69 669
70 429
Living cost
10 679
10 679
10 679
10 679
Free-cash
61 199
62 953
58 990
59 750

Estimated living cost  is ₽10679 per week

₽6346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽245
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.
₽3222
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
₽34476
₽37423
₽55650
₽53020
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
-
-
-
118 000
income
-
-
-
27 944
health
-
-
-
7 835
unemployment
-
-
-
188
surtax
-
-
-
3 965
pensions
-
-
-
22 072
other
-
-
-
-
total
-
-
-
62 004
Employee
27 847
-
97 481
-
other
-
-
-
-
income
4 668
-
25 156
-
health
711
-
2 486
-
unemployment
1 938
-
6 785
-
surtax
99
-
3 501
-
pensions
1 858
-
6 503
-
total
9 274
-
44 431
-
Employer
27 847
-
97 481
-
unemployment
883
-
3 090
-
pensions
3 713
-
12 995
-
other
-
-
-
-
health
1 266
-
4 435
-
total
5 862
-
20 520
-
Corporate
84 290
118 000
-
-
income
21 915
30 679
-
-
total
21 915
30 679
-
-
Dividends
62 375
87 321
-
-
withholding
9 356
13 098
-
-
total
9 356
13 098
-
-
Income
118 000
118 000
118 000
118 000
Total tax
46 407
43 777
64 951
62 004
After tax
71 593
74 223
53 049
55 996
Living cost
18 573
18 573
18 573
18 573
Free-cash
53 020
55 650
34 476
37 423

Estimated living cost  is ₽18573 per week

₽11213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5315
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
₽4906
₽33880
₽39260
₽38854
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
-
-
-
118 000
income
-
-
-
26 934
chamber of commerce
-
-
-