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
₽ 119000
per

Your estimated
City
free-cash

Valencia , Spain
₽37859
₽42141
₽55286
₽50948
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
-
-
-
119 000
income
-
-
-
27 601
accident
-
-
-
744
unemployment
-
-
-
578
pensions
-
-
-
23 361
other
-
-
-
83
total
-
-
-
52 367
Employee
32 932
-
92 682
-
other
32
-
83
-
income
6 349
-
25 088
-
unemployment
510
-
1 279
-
pensions
1 548
-
3 881
-
total
8 439
-
30 331
-
Employer
32 932
-
92 682
-
unemployment
1 812
-
4 540
-
pensions
7 771
-
19 483
-
other
264
-
661
-
accident
652
-
1 634
-
total
10 499
-
26 318
-
Corporate
75 568
119 000
-
-
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.

11 336
17 850
-
-
total
11 336
17 850
-
-
Dividends
64 232
101 150
-
-
withholding
13 286
21 372
-
-
total
13 286
21 372
-
-
Income
119 000
119 000
119 000
119 000
Total tax
43 560
39 222
56 649
52 367
After tax
75 440
79 778
62 351
66 633
Living cost
24 492
24 492
24 492
24 492
Free-cash
50 948
55 286
37 859
42 141

Estimated living cost  is ₽24492 per week

₽16532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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.
₽5177
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
₽44624
₽39702
₽63697
₽57682
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
-
-
-
119 000
income
-
-
-
16 119
health
-
-
-
5 236
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.

-
-
-
28 559
other
-
-
-
5 652
total
-
-
-
55 566
Employee
32 338
-
95 049
-
income
5 567
-
17 760
-
health
453
-
1 330
-
unemployment
323
-
950
-
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.

2 263
-
6 652
-
total
8 606
-
26 692
-
Employer
32 338
-
95 049
-
unemployment
323
-
950
-
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.

5 498
-
16 158
-
other
1 617
-
4 753
-
accident
259
-
761
-
health
453
-
1 330
-
total
8 150
-
23 952
-
Corporate
78 512
119 000
-
-
income
16 488
24 991
-
-
total
16 488
24 991
-
-
Dividends
62 024
94 009
-
-
withholding
4 342
6 580
-
-
total
4 342
6 580
-
-
Income
119 000
119 000
119 000
119 000
Total tax
37 586
31 571
50 644
55 566
After tax
81 414
87 429
68 356
63 434
Living cost
23 732
23 732
23 732
23 732
Free-cash
57 682
63 697
44 624
39 702

Estimated living cost  is ₽23732 per week

₽16768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4979
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
₽85454
₽81194
₽90084
₽85952
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
-
-
-
119 000
income
-
-
-
17 850
health
-
-
-
3 573
unemployment
-
-
-
124
pensions

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

-
-
-
4 598
total
-
-
-
26 145
Employee
15 441
-
112 905
-
income
1 544
-
11 291
-
health
710
-
1 429
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
pensions

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

1 356
-
2 728
-
total
3 780
-
15 790
-
Employer
15 441
-
112 905
-
unemployment
92
-
186
-
pensions

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

1 702
-
3 423
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
health
1 066
-
2 144
-
total
3 030
-
6 095
-
Corporate
100 530
119 000
-
-
income
10 053
11 900
-
-
total
10 053
11 900
-
-
Dividends
90 476
107 100
-
-
withholding
4 524
5 355
-
-
total
4 524
5 355
-
-
Income
119 000
119 000
119 000
119 000
Total tax
21 387
17 255
21 885
26 145
After tax
97 613
101 745
97 115
92 855
Living cost
11 661
11 661
11 661
11 661
Free-cash
85 952
90 084
85 454
81 194

Estimated living cost  is ₽11661 per week

₽6808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽309
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.
₽3712
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
₽39173
₽37202
₽29504
₽34764
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
-
-
-
119 000
income
-
-
-
15 568
social contributions
-
-
-
3 390
health
-
-
-
3 849
surtax
-
-
-
-
pensions
-
-
-
24 829
other
-
-
-
3 690
total
-
-
-
51 326
Employee
38 118
-
94 327
-
income
2 250
-
16 360
-
social contributions
1 087
-
2 687
-
surtax
-
-
-
-
pensions
4 310
-
5 635
-
total
7 647
-
24 682
-
Employer
38 118
-
94 327
-
unemployment
1 543
-
3 820
-
social contributions
115
-
282
-
pensions
6 262
-
9 651
-
other
1 315
-
3 286
-
health
2 669
-
7 634
-
total
11 904
-
24 673
-
Corporate
68 978
119 000
-
-
income
19 314
33 320
-
-
surtax
-
-
-
-
total
19 314
33 320
-
-
Dividends
49 664
85 680
-
-
withholding
6 357
10 967
-
-
surtax
-
-
-
-
social contributions
8 542
14 737
-
-
total
14 899
25 704
-
-
Income
119 000
119 000
119 000
119 000
Total tax
53 764
59 024
49 355
51 326
After tax
65 236
59 976
69 645
67 674
Living cost
30 472
30 472
30 472
30 472
Free-cash
34 764
29 504
39 173
37 202

Estimated living cost  is ₽30472 per week

₽19214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
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.
₽8263
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
₽31271
₽31024
₽21042
₽15584
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
-
-
-
119 000
income
-
-
-
29 248
health
-
-
-
10 983
pensions
-
-
-
10 435
total
-
-
-
50 666
Employee
76 057
76 057
102 448
-
income

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

12 449
12 449
12 449
-
health
11 674
9 930
10 983
-
pensions
13 690
10 435
10 435
-
total
37 813
32 814
33 867
-
Employer
76 057
76 057
102 448
-
unemployment
2 738
2 738
3 402
-
pensions
5 294
5 294
6 580
-
health
5 287
5 287
6 570
-
total
13 319
13 319
16 552
-
Corporate
30 557
29 624
-
-
income
6 112
5 924
-
-
total
6 112
5 924
-
-
Dividends
24 445
23 700
-
-
withholding
3 666
3 554
-
-
income
5 196
5 037
-
-
total
8 862
8 591
-
-
Income
119 000
119 000
119 000
119 000
Total tax
66 106
60 648
50 419
50 666
After tax
52 894
58 352
68 581
68 334
Living cost
37 310
37 310
37 310
37 310
Free-cash
15 584
21 042
31 271
31 024

Estimated living cost  is ₽37310 per week

₽26441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
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.
₽6913
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
₽51563
₽39343
₽33104
₽42955
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.

-
-
-
119 000
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.

-
-
-
32 583
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.

-
-
-
6 085
trade
-
-
-
12 220
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.

-
-
-
1 792
total
-
-
-
52 680
Employee

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

34 065
-
119 000
-
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.

952
-
32 583
-
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.

6 085
-
6 085
-
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.

52
-
1 792
-
total
7 089
-
40 460
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 935
119 000
-
-
chamber of commerce
257
306
-
-
income
12 740
17 850
-
-
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.

701
982
-
-
trade
13 378
18 742
-
-
total
27 076
37 880
-
-
Dividends
57 858
81 120
-
-
withholding
14 126
19 942
-
-
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.

777
1 097
-
-
total
14 903
21 039
-
-
Income
119 000
119 000
119 000
119 000
Total tax
49 068
58 919
40 460
52 680
After tax
69 932
60 081
78 540
66 320
Living cost
26 977
26 977
26 977
26 977
Free-cash
42 955
33 104
51 563
39 343

Estimated living cost  is ₽26977 per week

₽16969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
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.
₽6358
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
₽61383
₽62614
₽66312
₽61468
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
-
-
-
119 000
income
-
-
-
18 321
social contributions
-
-
-
14 410
health
-
-
-
3 034
total
-
-
-
35 765
Employee
68 486
68 486
109 312
-
income
7 457
6 340
17 784
-
social contributions
2 589
5 684
7 667
-
health
531
1 165
1 857
-
total
10 577
13 189
27 308
-
Employer
68 486
68 486
109 312
-
social contributions
2 589
5 684
7 667
-
health
576
1 268
2 021
-
total
3 165
6 952
9 688
-
Corporate
84 636
43 562
-
-
income
10 579
5 446
-
-
total
10 579
5 446
-
-
Dividends
74 058
38 116
-
-
withholding
12 590
6 480
-
-
total
12 590
6 480
-
-
Income
119 000
119 000
119 000
119 000
Total tax
36 911
32 067
36 996
35 765
After tax
82 089
86 933
82 004
83 235
Living cost
20 621
20 621
20 621
20 621
Free-cash
61 468
66 312
61 383
62 614

Estimated living cost  is ₽20621 per week

₽12358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽5784
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
₽29203
₽37073
₽39749
₽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

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.

-
-
-
119 000
income
-
-
-
12 637
social contributions

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

-
-
-
41 353
surtax
-
-
-
-
total
-
-
-
53 990
Employee
40 963
-
96 161
-
income
8 520
-
28 445
-
social contributions
4 506
-
10 577
-
surtax
-
-
-
-
total
13 026
-
39 022
-
Employer
40 963
-
96 161
-
social contributions
9 729
-
22 838
-
total
9 729
-
22 838
-
Corporate
68 309
119 000
-
-
income
14 344
24 991
-
-
surtax
-
-
-
-
total
14 344
24 991
-
-
Dividends
53 964
94 009
-
-
withholding
15 110
26 323
-
-
total
15 110
26 323
-
-
Income
119 000
119 000
119 000
119 000
Total tax
52 209
51 314
61 860
53 990
After tax
66 791
67 686
57 140
65 010
Living cost
27 937
27 937
27 937
27 937
Free-cash
38 854
39 749
29 203
37 073

Estimated living cost  is ₽27937 per week

₽20902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
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.
₽4920
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
₽88859
₽111469
₽106709
₽105520
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%.

-
-
-
119 000
microenterprise

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

-
-
-
1 190
total
-
-
-
1 190
Employee
7 926
-
119 000
-
income
1 585
-
23 800
-
total
1 585
-
23 800
-
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%.

111 074
119 000
-
-
total
-
-
-
-
Dividends
111 074
119 000
-
-
withholding
5 554
5 950
-
-
total
5 554
5 950
-
-
Income
119 000
119 000
119 000
119 000
Total tax
7 139
5 950
23 800
1 190
After tax
111 861
113 050
95 200
117 810
Living cost
6 341
6 341
6 341
6 341
Free-cash
105 520
106 709
88 859
111 469

Estimated living cost  is ₽6341 per week

₽3930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽174
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.
₽1710
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
₽32957
₽36154
₽58043
₽50593
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.

-
-
-
119 000
income
-
-
-
25 337
health
-
-
-
11 709
unemployment
-
-
-
179
pensions
-
-
-
21 732
total
-
-
-
58 957
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.

39 385
-
102 965
-
income
6 792
-
23 366
-
health
2 544
-
6 652
-
unemployment
56
-
144
-
pensions
6 105
-
15 960
-
total
15 497
-
46 122
-
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.

39 385
-
102 965
-
unemployment
24
-
63
-
pensions
3 485
-
9 112
-
health
2 623
-
6 857
-
total
6 132
-
16 032
-
Corporate
73 484
119 000
-
-
income
13 962
22 609
-
-
total
13 962
22 609
-
-
Dividends
59 521
96 391
-
-
withholding
8 927
14 459
-
-
total
8 927
14 459
-
-
Income
119 000
119 000
119 000
119 000
Total tax
44 518
37 068
62 154
58 957
After tax
74 482
81 932
56 846
60 043
Living cost
23 889
23 889
23 889
23 889
Free-cash
50 593
58 043
32 957
36 154

Estimated living cost  is ₽23889 per week

₽16395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1531
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.
₽5501
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
₽54591
₽55548
₽40313
₽43426
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.

-
-
-
119 000
income
-
-
-
25 352
health

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

-
-
-
5 769
total
-
-
-
31 121
Employee
40 858
-
114 903
-
social contributions
4 094
-
4 097
-
income
4 433
-
23 884
-
total
8 527
-
27 981
-
Employer
40 858
-
114 903
-
social contributions
4 094
-
4 097
-
total
4 094
-
4 097
-
Corporate
74 049
119 000
-
-
income
25 917
41 651
-
-
total
25 917
41 651
-
-
Dividends
48 132
77 349
-
-
social contributions
4 705
4 705
-
-
total
4 705
4 705
-
-
Income
119 000
119 000
119 000
119 000
Total tax
43 243
46 356
32 078
31 121
After tax
75 757
72 644
86 922
87 879
Living cost
32 331
32 331
32 331
32 331
Free-cash
43 426
40 313
54 591
55 548

Estimated living cost  is ₽32331 per week

₽21296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7989
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
₽56195
₽57537
₽53717
₽54176
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
-
-
-
119 000
income
-
-
-
17 850
social contributions
-
-
-
16 422
health
-
-
-
8 305
total
-
-
-
42 577
Employee
30 198
-
119 000
-
income
5 037
-
19 192
-
social contributions
4 168
-
16 422
-
health
2 108
-
8 305
-
total
11 313
-
43 919
-
Employer
30 198
-
119 000
-
total
-
-
-
-
Corporate
88 802
119 000
-
-
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%.

4 440
5 949
-
-
total
4 440
5 949
-
-
Dividends
84 362
113 051
-
-
withholding
12 654
16 957
-
-
health
5 889
7 891
-
-
social contributions
11 642
15 600
-
-
total
30 185
40 448
-
-
Income
119 000
119 000
119 000
119 000
Total tax
45 938
46 397
43 919
42 577
After tax
73 062
72 603
75 081
76 423
Living cost
18 886
18 886
18 886
18 886
Free-cash
54 176
53 717
56 195
57 537

Estimated living cost  is ₽18886 per week

₽12639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽4646
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
₽36163
₽39224
₽57707
₽49065
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
-
-
-
119 000
income
-
-
-
11 197
social contributions
-
-
-
28 289
solidarity contribution
-
-
-
-
health
-
-
-
16 065
total
-
-
-
55 551
Employee
35 625
-
88 806
-
solidarity contribution
-
-
-
-
income
4 275
-
10 657
-
social contributions
2 316
-
5 772
-
health
4 809
-
11 989
-
total
11 400
-
28 418
-
Employer
35 625
-
88 806
-
social contributions
8 906
-
22 201
-
health
3 206
-
7 993
-
total
12 112
-
30 194
-
Corporate
71 262
119 000
-
-
income
13 540
22 610
-
-
total
13 540
22 610
-
-
Dividends
57 722
96 390
-
-
withholding
8 658
14 458
-
-
total
8 658
14 458
-
-
Income
119 000
119 000
119 000
119 000
Total tax
45 710
37 068
58 612
55 551
After tax
73 290
81 932
60 388
63 449
Living cost
24 225
24 225
24 225
24 225
Free-cash
49 065
57 707
36 163
39 224

Estimated living cost  is ₽24225 per week

₽18015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
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.
₽4449
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
₽85318
₽107928
₽103168
₽101315
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%.

-
-
-
119 000
microenterprise

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

-
-
-
1 190
total
-
-
-
1 190
Employee
12 352
-
119 000
-
income
2 471
-
23 800
-
total
2 471
-
23 800
-
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%.

106 648
119 000
-
-
total
-
-
-
-
Dividends
106 648
119 000
-
-
withholding
5 332
5 950
-
-
total
5 332
5 950
-
-
Income
119 000
119 000
119 000
119 000
Total tax
7 803
5 950
23 800
1 190
After tax
111 197
113 050
95 200
117 810
Living cost
9 882
9 882
9 882
9 882
Free-cash
101 315
103 168
85 318
107 928

Estimated living cost  is ₽9882 per week

₽6687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
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.
₽2448
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
₽26628
₽24657
₽16959
₽23081
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
-
-
-
119 000
income
-
-
-
15 568
social contributions
-
-
-
3 390
health
-
-
-
3 849
surtax
-
-
-
-
pensions
-
-
-
24 829
other
-
-
-
3 690
total
-
-
-
51 326
Employee
55 783
-
94 327
-
income
4 867
-
16 360
-
social contributions
1 589
-
2 687
-
surtax
-
-
-
-
pensions
6 309
-
5 635
-
total
12 765
-
24 682
-
Employer
55 783
-
94 327
-
unemployment
2 260
-
3 820
-
social contributions
167
-
282
-
pensions
9 166
-
9 651
-
other
1 925
-
3 286
-
health
3 904
-
7 634
-
total
17 422
-
24 673
-
Corporate
45 795
119 000
-
-
income
12 823
33 320
-
-
surtax
-
-
-
-
total
12 823
33 320
-
-
Dividends
32 972
85 680
-
-
withholding
4 220
10 967
-
-
surtax
-
-
-
-
social contributions
5 672
14 737
-
-
total
9 892
25 704
-
-
Income
119 000
119 000
119 000
119 000
Total tax
52 902
59 024
49 355
51 326
After tax
66 098
59 976
69 645
67 674
Living cost
43 017
43 017
43 017
43 017
Free-cash
23 081
16 959
26 628
24 657

Estimated living cost  is ₽43017 per week

₽29113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
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.
₽9795
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
₽52779
₽52776
₽70612
₽66240
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.

-
-
-
119 000
income
-
-
-
26 039
health
-
-
-
6 763
unemployment
-
-
-
985
pensions
-
-
-
17 072
total
-
-
-
50 859
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.

23 169
-
107 247
-
income
3 194
-
26 039
-
health
1 193
-
3 381
-
unemployment
174
-
492
-
pensions
3 244
-
9 192
-
total
7 805
-
39 104
-
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.

23 169
-
107 247
-
unemployment
174
-
492
-
pensions
2 780
-
7 879
-
health
1 193
-
3 381
-
total
4 147
-
11 752
-
Corporate
91 684
119 000
-
-
income
13 753
17 850
-
-
total
13 753
17 850
-
-
Dividends
77 931
101 150
-
-
withholding
11 690
15 173
-
-
total
11 690
15 173
-
-
Income
119 000
119 000
119 000
119 000
Total tax
37 395
33 023
50 856
50 859
After tax
81 605
85 977
68 144
68 141
Living cost
15 365
15 365
15 365
15 365
Free-cash
66 240
70 612
52 779
52 776

Estimated living cost  is ₽15365 per week

₽10345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽3387
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
₽29444
₽35231
-₽7785
₽18827
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
-
-
-
119 000
regional
-
-
-
5 278
national
-
-
-
1 441
health
-
-
-
268
city
-
-
-
1 254
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.

-
-
-
2 380
pensions
-
-
-
10 948
total
-
-
-
21 569
Employee
72 790
-
106 512
-
regional
2 384
-
4 539
-
city
781
-
1 144
-
health
165
-
240
-
unemployment
-
-
-
-
national
345
-
1 167
-
pensions
6 115
-
8 948
-
total
9 790
-
16 038
-
Employer
72 790
-
106 512
-
unemployment
-
-
-
-
pensions
6 115
-
8 948
-
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.

1 455
-
2 130
-
health
165
-
240
-
total
7 735
-
11 318
-
Corporate
37 675
119 000
-
-
regional
7 968
25 169
-
-
national
3 203
10 116
-
-
total
11 171
35 285
-
-
Dividends
26 503
83 715
-
-
withholding
9 277
29 300
-
-
total
9 277
29 300
-
-
Income
119 000
119 000
119 000
119 000
Total tax
37 973
64 585
27 356
21 569
After tax
81 027
54 415
91 644
97 431
Living cost
62 200
62 200
62 200
62 200
Free-cash
18 827
-7 785
29 444
35 231

Estimated living cost  is ₽62200 per week

₽40448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
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.
₽15407
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
₽30642
₽46958
₽42643
₽43311
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

-
-
-
119 000
municipal
-
-
-
21 157
national
-
-
-
15 231
health
-
-
-
1 460
total
-
-
-
37 848
Employee
46 859
-
100 109
-
health
350
-
1 170
-
unemployment
703
-
1 501
-
national
774
-
9 524
-
municipal
7 675
-
16 322
-
pensions
3 162
-
6 757
-
total
12 664
-
35 274
-
Employer
46 859
-
100 109
-
unemployment
304
-
651
-
pensions
8 130
-
17 368
-
accident
47
-
100
-
health
360
-
771
-
total
8 841
-
18 890
-
Corporate
63 300
119 000
-
-
income
12 659
23 799
-
-
total
12 659
23 799
-
-
Dividends

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

37 981
71 401
-
-
national
494
5 512
-
-
municipal
6 837
12 852
-
-
total
7 331
18 364
-
-
Income
119 000
119 000
119 000
119 000
Total tax
41 495
42 163
54 164
37 848
After tax
77 505
76 837
64 836
81 152
Living cost
34 194
34 194
34 194
34 194
Free-cash
43 311
42 643
30 642
46 958

Estimated living cost  is ₽34194 per week

₽22336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
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.
₽8027
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
₽11537
₽20368
₽34158
₽20800
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
-
-
-
119 000
national
-
-
-
41 341
social contributions
-
-
-
18 805
communal

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

-
-
-
6 012
total
-
-
-
66 158
Employee

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

63 708
-
92 169
-
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.

2 993
-
4 332
-
communal

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

3 323
-
4 807
-
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.

554
-
801
-
national
19 586
-
31 305
-
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.

4 778
-
6 913
-
total
31 234
-
48 158
-
Employer

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

63 708
-
92 169
-
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.

930
-
1 345
-
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.

5 645
-
8 167
-
surtax
7 224
-
10 452
-
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.

828
-
1 198
-
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.

3 918
-
5 669
-
total
18 545
-
26 831
-
Corporate
36 747
119 000
-
-
income
7 349
23 799
-
-
surtax
147
477
-
-
total
7 496
24 276
-
-
Dividends
29 251
94 724
-
-
withholding

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

8 451
28 092
-
-
total
8 451
28 092
-
-
Income
119 000
119 000
119 000
119 000
Total tax
65 726
52 368
74 989
66 158
After tax
53 274
66 632
44 011
52 842
Living cost
32 474
32 474
32 474
32 474
Free-cash
20 800
34 158
11 537
20 368

Estimated living cost  is ₽32474 per week

₽20917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽8209
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
₽25999
₽26975
₽28787
₽27975
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
-
-
-
119 000
municipal
-
-
-
28 634
national
-
-
-
4 228
health
-
-
-
4 949
accident
-
-
-
159
unemployment
-
-
-
79
pensions
-
-
-
8 573
other
-
-
-
9 216
total
-
-
-
55 838
Employee
51 564
-
94 081
-
national
-
-
3 839
-
municipal
15 376
-
28 055
-
total
15 376
-
31 894
-
Employer
51 564
-
94 081
-
unemployment
1 361
-
2 094
-
pensions
5 574
-
8 573
-
other
5 992
-
9 216
-
accident
103
-
159
-
health
3 171
-
4 878
-
total
16 201
-
24 920
-
Corporate
51 235
119 000
-
-
income
11 272
26 180
-
-
total
11 272
26 180
-
-
Dividends
39 963
92 820
-
-
withholding
11 989
27 846
-
-
total
11 989
27 846
-
-
Income
119 000
119 000
119 000
119 000
Total tax
54 838
54 026
56 814
55 838
After tax
64 162
64 974
62 186
63 162
Living cost
36 187
36 187
36 187
36 187
Free-cash
27 975
28 787
25 999
26 975

Estimated living cost  is ₽36187 per week

₽23984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3551
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.
₽8103
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
₽68460
₽43507
₽33669
-₽14839
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
-
-
-
119 000
income
-
-
-
23 196
social contributions
-
-
-
13 566
total
-
-
-
36 762
Employee
55 535
-
-
-
income
12 250
-
-
-
social contributions
4 554
-
649
-
total
16 804
-
649
-
Employer
55 535
-
-
-
social contributions
78 304
-
11 160
-
total
78 304
-
11 160
-
Corporate
-
119 000
-
-
income
-
26 180
-
-
total
-
26 180
-
-
Dividends
-
92 820
-
-
income
-
20 420
-
-
total
-
20 420
-
-
Income
119 000
119 000
119 000
119 000
Total tax
95 108
46 600
11 809
36 762
After tax
23 892
72 400
107 191
82 238
Living cost
38 731
38 731
38 731
38 731
Free-cash
-14 839
33 669
68 460
43 507

Estimated living cost  is ₽38731 per week

₽25130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
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.
₽9464
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
₽53116
₽54347
₽58045
₽54353
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
-
-
-
119 000
income
-
-
-
18 321
social contributions
-
-
-
14 410
health
-
-
-
3 034
total
-
-
-
35 765
Employee
68 486
68 486
109 312
-
income
7 192
6 340
17 784
-
social contributions
3 328
5 684
7 667
-
health
681
1 165
1 857
-
total
11 201
13 189
27 308
-
Employer
68 486
68 486
109 312
-
social contributions
3 328
5 684
7 667
-
health
742
1 268
2 021
-
total
4 070
6 952
9 688
-
Corporate
74 841
43 562
-
-
income
9 355
5 446
-
-
total
9 355
5 446
-
-
Dividends
65 486
38 116
-
-
withholding
11 133
6 480
-
-
total
11 133
6 480
-
-
Income
119 000
119 000
119 000
119 000
Total tax
35 759
32 067
36 996
35 765
After tax
83 241
86 933
82 004
83 235
Living cost
28 888
28 888
28 888
28 888
Free-cash
54 353
58 045
53 116
54 347

Estimated living cost  is ₽28888 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽6399
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
₽38402
₽49353
₽49413
₽52264
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
-
-
-
119 000
income
-
-
-
30 517
pensions
-
-
-
7 101
total
-
-
-
37 618
Employee
43 964
-
104 258
-
income
8 006
-
23 215
-
health
573
-
1 639
-
pensions
3 356
-
8 973
-
total
11 935
-
33 827
-
Employer
43 964
-
104 258
-
pensions
4 442
-
12 761
-
health
836
-
1 981
-
total
5 278
-
14 742
-
Corporate
69 759
119 000
-
-
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.

13 255
22 610
-
-
total
13 255
22 610
-
-
Dividends
56 504
96 390
-
-
withholding
4 239
14 948
-
-
total
4 239
14 948
-
-
Income
119 000
119 000
119 000
119 000
Total tax
34 707
37 558
48 569
37 618
After tax
84 293
81 442
70 431
81 382
Living cost
32 029
32 029
32 029
32 029
Free-cash
52 264
49 413
38 402
49 353

Estimated living cost  is ₽32029 per week

₽21971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
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.
₽6709
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
₽16652
₽22094
₽27200
₽23149
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
-
-
-
119 000
municipal
-
-
-
796
regional
-
-
-
2 653
national
-
-
-
27 369
social contributions
-
-
-
30 607
total
-
-
-
61 425
Employee
75 051
-
119 000
-
regional
1 133
-
2 279
-
social contributions
25 307
-
40 126
-
national
12 683
-
23 752
-
municipal
448
-
710
-
total
39 571
-
66 867
-
Employer
75 051
-
119 000
-
total
-
-
-
-
Corporate
43 949
119 000
-
-
nationa
10 548
28 560
-
-
municipal
2 118
5 736
-
-
total
12 666
34 296
-
-
Dividends
31 283
84 703
-
-
withholding
8 133
22 023
-
-
total
8 133
22 023
-
-
Income
119 000
119 000
119 000
119 000
Total tax
60 370
56 319
66 867
61 425
After tax
58 630
62 681
52 133
57 575
Living cost
35 481
35 481
35 481
35 481
Free-cash
23 149
27 200
16 652
22 094

Estimated living cost  is ₽35481 per week

₽24923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
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
₽45030
₽62887
-₽8928
₽6790
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
-
-
-
119 000
income
-
-
-
31 667
health
-
-
-
1 841
accident
-
-
-
213
pensions
-
-
-
3 512
other
-
-
-
313
total
-
-
-
37 546
Employee
29 207
-
105 361
-
income
4 007
-
23 262
-
health
3 344
-
12 064
-
pensions
3 289
-
6 439
-
total
10 640
-
41 765
-
Employer
29 207
-
105 361
-
unemployment
716
-
2 581
-
pensions
4 749
-
9 298
-
accident
488
-
1 759
-
total
5 953
-
13 638
-
Corporate
83 841
119 000
-
-
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.

75 457
107 100
-
-
total
75 457
107 100
-
-
Dividends
8 384
11 900
-
-
withholding
1 593
2 261
-
-
total
1 593
2 261
-
-
Income
119 000
119 000
119 000
119 000
Total tax
93 643
109 361
55 403
37 546
After tax
25 357
9 639
63 597
81 454
Living cost
18 567
18 567
18 567
18 567
Free-cash
6 790
-8 928
45 030
62 887

Estimated living cost  is ₽18567 per week

₽13608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽3543
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
₽44155
₽33020
₽26921
₽38572
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.

-
-
-
119 000
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.

-
-
-
32 583
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.

-
-
-
6 085
trade
-
-
-
11 135
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.

-
-
-
1 792
total
-
-
-
51 595
Employee

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

44 315
-
119 000
-
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.

3 644
-
32 583
-
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.

6 085
-
6 085
-
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.

201
-
1 792
-
total
9 930
-
40 460
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 685
119 000
-
-
chamber of commerce
245
309
-
-
income
11 202
17 850
-
-
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.

617
982
-
-
trade
10 717
17 076
-
-
total
22 781
36 217
-
-
Dividends
51 903
82 783
-
-
withholding
12 637
20 358
-
-
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.

695
1 119
-
-
total
13 332
21 477
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 043
57 694
40 460
51 595
After tax
72 957
61 306
78 540
67 405
Living cost
34 385
34 385
34 385
34 385
Free-cash
38 572
26 921
44 155
33 020

Estimated living cost  is ₽34385 per week

₽23720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6467
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
₽48205
₽17495
₽76672
₽69365
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.

-
-
-
119 000
microenterprise
-
-
-
-
income
-
-
-
18 507
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.

-
-
-
34 124
surtax
-
-
-
30 345
total
-
-
-
82 976
Employee
26 025
-
95 899
-
income
4 633
-
18 617
-
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.

2 863
-
10 548
-
surtax
-
-
-
-
total
7 496
-
29 165
-
Employer
26 025
-
95 899
-
social contributions

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

6 269
-
23 101
-
surtax
-
-
-
-
total
6 269
-
23 101
-
Corporate
86 706
119 000
-
-
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%.

17 341
23 799
-
-
total
17 341
23 799
-
-
Dividends

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

69 365
95 201
-
-
total
-
-
-
-
Income
119 000
119 000
119 000
119 000
Total tax
31 106
23 799
52 266
82 976
After tax
87 894
95 201
66 734
36 024
Living cost
18 529
18 529
18 529
18 529
Free-cash
69 365
76 672
48 205
17 495

Estimated living cost  is ₽18529 per week

₽11821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4523
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
₽57990
₽58821
₽62582
₽60664
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
-
-
-
119 000
income
-
-
-
33 817
health
-
-
-
6 173
pensions
-
-
-
8 515
total
-
-
-
48 505
Employee
17 780
-
109 421
-
income
3 440
-
33 370
-
health
889
-
2 129
-
unemployment
178
-
426
-
pensions
1 600
-
3 832
-
total
6 107
-
39 757
-
Employer
17 780
-
109 421
-
unemployment
356
-
851
-
pensions
1 956
-
4 683
-
health
1 689
-
4 045
-
total
4 001
-
9 579
-
Corporate
97 219
119 000
-
-
income
21 388
26 180
-
-
total
21 388
26 180
-
-
Dividends
75 831
92 820
-
-
withholding
15 166
18 564
-
-
total
15 166
18 564
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 662
44 744
49 336
48 505
After tax
72 338
74 256
69 664
70 495
Living cost
11 674
11 674
11 674
11 674
Free-cash
60 664
62 582
57 990
58 821

Estimated living cost  is ₽11674 per week

₽6937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽267
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.
₽3523
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
₽34471
₽36459
₽54846
₽52012
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
-
-
-
119 000
income
-
-
-
26 456
health
-
-
-
8 439
unemployment
-
-
-
203
surtax
-
-
-
3 664
pensions
-
-
-
23 774
other
-
-
-
-
total
-
-
-
62 536
Employee
29 994
-
98 307
-
other
-
-
-
-
income
5 028
-
24 573
-
health
766
-
2 508
-
unemployment
2 087
-
6 842
-
surtax
106
-
3 350
-
pensions
2 001
-
6 558
-
total
9 988
-
43 831
-
Employer
29 994
-
98 307
-
unemployment
952
-
3 117
-
pensions
3 999
-
13 104
-
other
-
-
-
-
health
1 364
-
4 472
-
total
6 315
-
20 693
-
Corporate
82 692
119 000
-
-
income
21 501
30 940
-
-
total
21 501
30 940
-
-
Dividends
61 191
88 060
-
-
withholding
9 179
13 209
-
-
total
9 179
13 209
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 983
44 149
64 524
62 536
After tax
72 017
74 851
54 476
56 464
Living cost
20 005
20 005
20 005
20 005
Free-cash
52 012
54 846
34 471
36 459

Estimated living cost  is ₽20005 per week

₽12078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5725
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
₽3865
₽31828
₽37884
₽37446
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
-
-
-
119 000
income
-
-
-
25 609
chamber of commerce
-
-
-