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
₽ 120000
per

Your estimated
City
free-cash

Valencia , Spain
₽38479
₽42759
₽55934
₽51608
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
-
-
-
120 000
income
-
-
-
27 966
accident
-
-
-
744
unemployment
-
-
-
578
pensions
-
-
-
23 370
other
-
-
-
83
total
-
-
-
52 741
Employee
32 944
-
93 673
-
other
32
-
83
-
income
6 351
-
25 450
-
unemployment
511
-
1 280
-
pensions
1 549
-
3 882
-
total
8 443
-
30 695
-
Employer
32 944
-
93 673
-
unemployment
1 812
-
4 541
-
pensions
7 774
-
19 489
-
other
264
-
661
-
accident
653
-
1 635
-
total
10 503
-
26 326
-
Corporate
76 553
120 000
-
-
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.

11 484
18 000
-
-
total
11 484
18 000
-
-
Dividends
65 069
102 000
-
-
withholding
13 462
21 566
-
-
total
13 462
21 566
-
-
Income
120 000
120 000
120 000
120 000
Total tax
43 892
39 566
57 021
52 741
After tax
76 108
80 434
62 979
67 259
Living cost
24 500
24 500
24 500
24 500
Free-cash
51 608
55 934
38 479
42 759

Estimated living cost  is ₽24500 per week

₽16537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2355
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.
₽5179
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
₽45157
₽40196
₽64423
₽58407
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
-
-
-
120 000
income
-
-
-
16 285
health
-
-
-
5 280
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.

-
-
-
28 799
other
-
-
-
5 700
total
-
-
-
56 064
Employee
32 350
-
95 844
-
income
5 569
-
17 939
-
health
453
-
1 342
-
unemployment
323
-
959
-
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.

2 264
-
6 709
-
total
8 609
-
26 949
-
Employer
32 350
-
95 844
-
unemployment
323
-
959
-
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.

5 500
-
16 294
-
other
1 618
-
4 793
-
accident
259
-
766
-
health
453
-
1 342
-
total
8 153
-
24 154
-
Corporate
79 497
120 000
-
-
income
16 695
25 201
-
-
total
16 695
25 201
-
-
Dividends
62 803
94 799
-
-
withholding
4 396
6 636
-
-
total
4 396
6 636
-
-
Income
120 000
120 000
120 000
120 000
Total tax
37 853
31 837
51 103
56 064
After tax
82 147
88 163
68 897
63 936
Living cost
23 740
23 740
23 740
23 740
Free-cash
58 407
64 423
45 157
40 196

Estimated living cost  is ₽23740 per week

₽16774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1603
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.
₽4981
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
₽86341
₽82033
₽90932
₽86800
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
-
-
-
120 000
income
-
-
-
18 000
health
-
-
-
3 575
unemployment
-
-
-
124
pensions

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

-
-
-
4 600
total
-
-
-
26 299
Employee
15 449
-
113 902
-
income
1 545
-
11 391
-
health
711
-
1 430
-
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
-
2 729
-
total
3 782
-
15 892
-
Employer
15 449
-
113 902
-
unemployment
92
-
187
-
pensions

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

1 703
-
3 425
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
health
1 066
-
2 145
-
total
3 031
-
6 099
-
Corporate
101 519
120 000
-
-
income
10 151
12 000
-
-
total
10 151
12 000
-
-
Dividends
91 368
108 000
-
-
withholding
4 568
5 400
-
-
total
4 568
5 400
-
-
Income
120 000
120 000
120 000
120 000
Total tax
21 532
17 400
21 991
26 299
After tax
98 468
102 600
98 009
93 701
Living cost
11 668
11 668
11 668
11 668
Free-cash
86 800
90 932
86 341
82 033

Estimated living cost  is ₽11668 per week

₽6812
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.
₽3714
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
₽39602
₽37737
₽29996
₽35262
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
-
-
-
120 000
income
-
-
-
15 800
social contributions
-
-
-
3 420
health
-
-
-
3 921
surtax
-
-
-
-
pensions
-
-
-
24 919
other
-
-
-
3 720
total
-
-
-
51 780
Employee
38 132
-
95 048
-
income
2 250
-
16 547
-
social contributions
1 087
-
2 709
-
surtax
-
-
-
-
pensions
4 311
-
5 706
-
total
7 648
-
24 962
-
Employer
38 132
-
95 048
-
unemployment
1 544
-
3 850
-
social contributions
115
-
286
-
pensions
6 264
-
9 768
-
other
1 315
-
3 323
-
health
2 670
-
7 726
-
total
11 908
-
24 953
-
Corporate
69 960
120 000
-
-
income
19 589
33 600
-
-
surtax
-
-
-
-
total
19 589
33 600
-
-
Dividends
50 371
86 400
-
-
withholding
6 447
11 059
-
-
surtax
-
-
-
-
social contributions
8 663
14 862
-
-
total
15 110
25 921
-
-
Income
120 000
120 000
120 000
120 000
Total tax
54 255
59 521
49 915
51 780
After tax
65 745
60 479
70 085
68 220
Living cost
30 483
30 483
30 483
30 483
Free-cash
35 262
29 996
39 602
37 737

Estimated living cost  is ₽30483 per week

₽19221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
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.
₽8266
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
₽32240
₽31496
₽21537
₽16078
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
-
-
-
120 000
income
-
-
-
29 755
health
-
-
-
10 987
pensions
-
-
-
10 439
total
-
-
-
51 181
Employee
76 084
76 084
103 442
-
income

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

12 454
12 454
12 454
-
health
11 678
9 933
10 987
-
pensions
13 695
10 439
10 439
-
total
37 827
32 826
33 880
-
Employer
76 084
76 084
103 442
-
unemployment
2 739
2 739
3 403
-
pensions
5 295
5 295
6 582
-
health
5 289
5 289
6 572
-
total
13 323
13 323
16 557
-
Corporate
31 526
30 593
-
-
income
6 305
6 119
-
-
total
6 305
6 119
-
-
Dividends
25 221
24 474
-
-
withholding
3 784
3 671
-
-
income
5 360
5 201
-
-
total
9 144
8 872
-
-
Income
120 000
120 000
120 000
120 000
Total tax
66 599
61 140
50 437
51 181
After tax
53 401
58 860
69 563
68 819
Living cost
37 324
37 324
37 324
37 324
Free-cash
16 078
21 537
32 240
31 496

Estimated living cost  is ₽37324 per week

₽26450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
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.
₽6915
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
₽52116
₽39740
₽33598
₽43453
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.

-
-
-
120 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
32 997
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 087
trade
-
-
-
12 376
surtax

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

-
-
-
1 814
total
-
-
-
53 274
Employee

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

34 077
-
120 000
-
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
-
32 997
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 087
-
6 087
-
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
-
1 814
-
total
7 091
-
40 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 923
120 000
-
-
chamber of commerce
259
308
-
-
income
12 889
18 000
-
-
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.

708
991
-
-
trade
13 533
18 899
-
-
total
27 389
38 198
-
-
Dividends
58 534
81 802
-
-
withholding
14 295
20 112
-
-
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.

786
1 106
-
-
total
15 081
21 218
-
-
Income
120 000
120 000
120 000
120 000
Total tax
49 561
59 416
40 898
53 274
After tax
70 439
60 584
79 102
66 726
Living cost
26 986
26 986
26 986
26 986
Free-cash
43 453
33 598
52 116
39 740

Estimated living cost  is ₽26986 per week

₽16975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3147
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.
₽6361
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
₽62051
₽63243
₽67033
₽62185
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
-
-
-
120 000
income
-
-
-
18 654
social contributions
-
-
-
14 415
health
-
-
-
3 060
total
-
-
-
36 129
Employee
68 510
68 510
110 290
-
income
7 460
6 342
18 067
-
social contributions
2 590
5 686
7 669
-
health
531
1 165
1 875
-
total
10 581
13 193
27 611
-
Employer
68 510
68 510
110 290
-
social contributions
2 590
5 686
7 669
-
health
577
1 268
2 041
-
total
3 167
6 954
9 710
-
Corporate
85 624
44 535
-
-
income
10 703
5 568
-
-
total
10 703
5 568
-
-
Dividends
74 922
38 968
-
-
withholding
12 736
6 624
-
-
total
12 736
6 624
-
-
Income
120 000
120 000
120 000
120 000
Total tax
37 187
32 339
37 321
36 129
After tax
82 813
87 661
82 679
83 871
Living cost
20 628
20 628
20 628
20 628
Free-cash
62 185
67 033
62 051
63 243

Estimated living cost  is ₽20628 per week

₽12363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5786
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
₽29591
₽37570
₽40310
₽39413
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.

-
-
-
120 000
income
-
-
-
12 785
social contributions

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

-
-
-
41 699
surtax
-
-
-
-
total
-
-
-
54 484
Employee
40 977
-
96 970
-
income
8 523
-
28 766
-
social contributions
4 508
-
10 667
-
surtax
-
-
-
-
total
13 031
-
39 433
-
Employer
40 977
-
96 970
-
social contributions
9 732
-
23 030
-
total
9 732
-
23 030
-
Corporate
69 291
120 000
-
-
income
14 551
25 201
-
-
surtax
-
-
-
-
total
14 551
25 201
-
-
Dividends
54 740
94 799
-
-
withholding
15 327
26 543
-
-
total
15 327
26 543
-
-
Income
120 000
120 000
120 000
120 000
Total tax
52 641
51 744
62 463
54 484
After tax
67 359
68 256
57 537
65 516
Living cost
27 946
27 946
27 946
27 946
Free-cash
39 413
40 310
29 591
37 570

Estimated living cost  is ₽27946 per week

₽20910
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.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4922
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
₽89669
₽112469
₽107669
₽106482
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%.

-
-
-
120 000
microenterprise

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

-
-
-
1 200
total
-
-
-
1 200
Employee
7 914
-
120 000
-
income
1 583
-
24 000
-
total
1 583
-
24 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

112 086
120 000
-
-
total
-
-
-
-
Dividends
112 086
120 000
-
-
withholding
5 604
6 000
-
-
total
5 604
6 000
-
-
Income
120 000
120 000
120 000
120 000
Total tax
7 187
6 000
24 000
1 200
After tax
112 813
114 000
96 000
118 800
Living cost
6 331
6 331
6 331
6 331
Free-cash
106 482
107 669
89 669
112 469

Estimated living cost  is ₽6331 per week

₽3924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽526
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.
₽1707
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
₽33394
₽36587
₽58724
₽51272
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.

-
-
-
120 000
income
-
-
-
25 614
health
-
-
-
11 807
unemployment
-
-
-
179
pensions
-
-
-
21 916
total
-
-
-
59 516
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.

39 398
-
103 833
-
income
6 794
-
23 596
-
health
2 545
-
6 707
-
unemployment
56
-
145
-
pensions
6 107
-
16 094
-
total
15 502
-
46 542
-
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.

39 398
-
103 833
-
unemployment
24
-
63
-
pensions
3 486
-
9 189
-
health
2 624
-
6 915
-
total
6 134
-
16 167
-
Corporate
74 468
120 000
-
-
income
14 148
22 800
-
-
total
14 148
22 800
-
-
Dividends
60 319
97 200
-
-
withholding
9 047
14 579
-
-
total
9 047
14 579
-
-
Income
120 000
120 000
120 000
120 000
Total tax
44 831
37 379
62 709
59 516
After tax
75 169
82 621
57 291
60 484
Living cost
23 897
23 897
23 897
23 897
Free-cash
51 272
58 724
33 394
36 587

Estimated living cost  is ₽23897 per week

₽16400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1532
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.
₽5503
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
₽55235
₽56528
₽40951
₽44065
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.

-
-
-
120 000
income
-
-
-
25 361
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
-
-
-
31 130
Employee
40 872
-
115 902
-
social contributions
4 095
-
4 098
-
income
4 435
-
24 227
-
total
8 530
-
28 325
-
Employer
40 872
-
115 902
-
social contributions
4 095
-
4 098
-
total
4 095
-
4 098
-
Corporate
75 033
120 000
-
-
income
26 261
42 000
-
-
total
26 261
42 000
-
-
Dividends
48 772
78 000
-
-
social contributions
4 707
4 707
-
-
total
4 707
4 707
-
-
Income
120 000
120 000
120 000
120 000
Total tax
43 593
46 707
32 423
31 130
After tax
76 407
73 293
87 577
88 870
Living cost
32 342
32 342
32 342
32 342
Free-cash
44 065
40 951
55 235
56 528

Estimated living cost  is ₽32342 per week

₽21304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2550
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.
₽7992
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
₽56783
₽58173
₽54317
₽54782
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
-
-
-
120 000
income
-
-
-
18 000
social contributions
-
-
-
16 559
health
-
-
-
8 376
total
-
-
-
42 935
Employee
30 209
-
120 000
-
income
5 038
-
19 390
-
social contributions
4 169
-
16 559
-
health
2 108
-
8 376
-
total
11 315
-
44 325
-
Employer
30 209
-
120 000
-
total
-
-
-
-
Corporate
89 791
120 000
-
-
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%.

4 489
6 001
-
-
total
4 489
6 001
-
-
Dividends
85 302
113 999
-
-
withholding
12 796
17 100
-
-
health
5 955
7 957
-
-
social contributions
11 771
15 733
-
-
total
30 522
40 790
-
-
Income
120 000
120 000
120 000
120 000
Total tax
46 326
46 791
44 325
42 935
After tax
73 674
73 209
75 675
77 065
Living cost
18 892
18 892
18 892
18 892
Free-cash
54 782
54 317
56 783
58 173

Estimated living cost  is ₽18892 per week

₽12644
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.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4648
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
₽36594
₽39809
₽58319
₽49651
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
-
-
-
120 000
income
-
-
-
11 313
social contributions
-
-
-
28 377
solidarity contribution
-
-
-
-
health
-
-
-
16 200
total
-
-
-
55 890
Employee
35 737
-
89 552
-
solidarity contribution
-
-
-
-
income
4 288
-
10 746
-
social contributions
2 323
-
5 821
-
health
4 824
-
12 090
-
total
11 435
-
28 657
-
Employer
35 737
-
89 552
-
social contributions
8 934
-
22 388
-
health
3 216
-
8 060
-
total
12 150
-
30 448
-
Corporate
72 113
120 000
-
-
income
13 701
22 800
-
-
total
13 701
22 800
-
-
Dividends
58 412
97 200
-
-
withholding
8 762
14 580
-
-
total
8 762
14 580
-
-
Income
120 000
120 000
120 000
120 000
Total tax
46 048
37 380
59 105
55 890
After tax
73 952
82 620
60 895
64 110
Living cost
24 301
24 301
24 301
24 301
Free-cash
49 651
58 319
36 594
39 809

Estimated living cost  is ₽24301 per week

₽18072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
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.
₽4463
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
₽86134
₽108934
₽104134
₽102284
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%.

-
-
-
120 000
microenterprise

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

-
-
-
1 200
total
-
-
-
1 200
Employee
12 333
-
120 000
-
income
2 467
-
24 000
-
total
2 467
-
24 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

107 667
120 000
-
-
total
-
-
-
-
Dividends
107 667
120 000
-
-
withholding
5 383
6 000
-
-
total
5 383
6 000
-
-
Income
120 000
120 000
120 000
120 000
Total tax
7 850
6 000
24 000
1 200
After tax
112 150
114 000
96 000
118 800
Living cost
9 866
9 866
9 866
9 866
Free-cash
102 284
104 134
86 134
108 934

Estimated living cost  is ₽9866 per week

₽6676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽414
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.
₽2444
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
₽27053
₽25188
₽17447
₽23571
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
-
-
-
120 000
income
-
-
-
15 800
social contributions
-
-
-
3 420
health
-
-
-
3 921
surtax
-
-
-
-
pensions
-
-
-
24 919
other
-
-
-
3 720
total
-
-
-
51 780
Employee
55 802
-
95 048
-
income
4 869
-
16 547
-
social contributions
1 589
-
2 709
-
surtax
-
-
-
-
pensions
6 312
-
5 706
-
total
12 770
-
24 962
-
Employer
55 802
-
95 048
-
unemployment
2 261
-
3 850
-
social contributions
167
-
286
-
pensions
9 169
-
9 768
-
other
1 926
-
3 323
-
health
3 906
-
7 726
-
total
17 429
-
24 953
-
Corporate
46 769
120 000
-
-
income
13 095
33 600
-
-
surtax
-
-
-
-
total
13 095
33 600
-
-
Dividends
33 674
86 400
-
-
withholding
4 310
11 059
-
-
surtax
-
-
-
-
social contributions
5 793
14 862
-
-
total
10 103
25 921
-
-
Income
120 000
120 000
120 000
120 000
Total tax
53 397
59 521
49 915
51 780
After tax
66 603
60 479
70 085
68 220
Living cost
43 032
43 032
43 032
43 032
Free-cash
23 571
17 447
27 053
25 188

Estimated living cost  is ₽43032 per week

₽29123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9798
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
₽53524
₽53525
₽71334
₽66963
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.

-
-
-
120 000
income
-
-
-
26 289
health
-
-
-
6 763
unemployment
-
-
-
985
pensions
-
-
-
17 072
total
-
-
-
51 109
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.

23 170
-
108 246
-
income
3 194
-
26 289
-
health
1 193
-
3 382
-
unemployment
174
-
492
-
pensions
3 244
-
9 193
-
total
7 805
-
39 356
-
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.

23 170
-
108 246
-
unemployment
174
-
492
-
pensions
2 780
-
7 880
-
health
1 193
-
3 382
-
total
4 147
-
11 754
-
Corporate
92 682
120 000
-
-
income
13 902
18 000
-
-
total
13 902
18 000
-
-
Dividends
78 780
102 000
-
-
withholding
11 817
15 300
-
-
total
11 817
15 300
-
-
Income
120 000
120 000
120 000
120 000
Total tax
37 671
33 300
51 110
51 109
After tax
82 329
86 700
68 890
68 891
Living cost
15 366
15 366
15 366
15 366
Free-cash
66 963
71 334
53 524
53 525

Estimated living cost  is ₽15366 per week

₽10346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
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
₽30193
₽36022
-₽7312
₽19295
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
-
-
-
120 000
regional
-
-
-
5 350
national
-
-
-
1 468
health
-
-
-
270
city
-
-
-
1 265
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.

-
-
-
2 400
pensions
-
-
-
11 041
total
-
-
-
21 794
Employee
72 771
-
107 405
-
regional
2 383
-
4 604
-
city
781
-
1 153
-
health
165
-
241
-
unemployment
-
-
-
-
national
344
-
1 192
-
pensions
6 114
-
9 022
-
total
9 787
-
16 212
-
Employer
72 771
-
107 405
-
unemployment
-
-
-
-
pensions
6 114
-
9 022
-
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
-
2 148
-
health
165
-
241
-
total
7 734
-
11 411
-
Corporate
38 696
120 000
-
-
regional
8 184
25 380
-
-
national
3 288
10 201
-
-
total
11 472
35 581
-
-
Dividends
27 224
84 420
-
-
withholding
9 528
29 547
-
-
total
9 528
29 547
-
-
Income
120 000
120 000
120 000
120 000
Total tax
38 521
65 128
27 623
21 794
After tax
81 479
54 872
92 377
98 206
Living cost
62 184
62 184
62 184
62 184
Free-cash
19 295
-7 312
30 193
36 022

Estimated living cost  is ₽62184 per week

₽40437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
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.
₽15403
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
₽31090
₽47546
₽43221
₽43954
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

-
-
-
120 000
municipal
-
-
-
21 334
national
-
-
-
15 438
health
-
-
-
1 476
total
-
-
-
38 248
Employee
46 875
-
100 950
-
health
350
-
1 184
-
unemployment
703
-
1 515
-
national
774
-
9 681
-
municipal
7 678
-
16 460
-
pensions
3 163
-
6 814
-
total
12 668
-
35 654
-
Employer
46 875
-
100 950
-
unemployment
304
-
656
-
pensions
8 133
-
17 515
-
accident
47
-
101
-
health
360
-
778
-
total
8 844
-
19 050
-
Corporate
64 280
120 000
-
-
income
12 857
24 000
-
-
total
12 857
24 000
-
-
Dividends

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

38 568
72 000
-
-
national
529
5 613
-
-
municipal
6 942
12 960
-
-
total
7 471
18 573
-
-
Income
120 000
120 000
120 000
120 000
Total tax
41 840
42 573
54 704
38 248
After tax
78 160
77 427
65 296
81 752
Living cost
34 206
34 206
34 206
34 206
Free-cash
43 954
43 221
31 090
47 546

Estimated living cost  is ₽34206 per week

₽22343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3290
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.
₽8029
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
₽11827
₽20738
₽34705
₽21343
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
-
-
-
120 000
national
-
-
-
41 767
social contributions
-
-
-
18 947
communal

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

-
-
-
6 063
total
-
-
-
66 777
Employee

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

63 731
-
92 943
-
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.

2 994
-
4 367
-
communal

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

3 324
-
4 847
-
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.

555
-
808
-
national
19 593
-
31 638
-
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.

4 780
-
6 971
-
total
31 246
-
48 631
-
Employer

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

63 731
-
92 943
-
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
-
1 358
-
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.

5 647
-
8 234
-
surtax
7 226
-
10 540
-
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
-
1 209
-
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.

3 919
-
5 716
-
total
18 550
-
27 057
-
Corporate
37 718
120 000
-
-
income
7 544
24 000
-
-
surtax
150
480
-
-
total
7 694
24 480
-
-
Dividends
30 024
95 519
-
-
withholding

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

8 682
28 330
-
-
total
8 682
28 330
-
-
Income
120 000
120 000
120 000
120 000
Total tax
66 172
52 810
75 688
66 777
After tax
53 828
67 190
44 312
53 223
Living cost
32 485
32 485
32 485
32 485
Free-cash
21 343
34 705
11 827
20 738

Estimated living cost  is ₽32485 per week

₽20925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2840
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.
₽8212
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
₽26509
₽27483
₽29341
₽28529
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
-
-
-
120 000
municipal
-
-
-
28 934
national
-
-
-
4 433
health
-
-
-
4 948
accident
-
-
-
159
unemployment
-
-
-
79
pensions
-
-
-
8 571
other
-
-
-
9 214
total
-
-
-
56 338
Employee
51 552
-
95 087
-
national
-
-
4 044
-
municipal
15 373
-
28 355
-
total
15 373
-
32 399
-
Employer
51 552
-
95 087
-
unemployment
1 361
-
2 093
-
pensions
5 573
-
8 571
-
other
5 990
-
9 214
-
accident
103
-
159
-
health
3 170
-
4 876
-
total
16 197
-
24 913
-
Corporate
52 251
120 000
-
-
income
11 495
26 400
-
-
total
11 495
26 400
-
-
Dividends
40 756
93 600
-
-
withholding
12 227
28 080
-
-
total
12 227
28 080
-
-
Income
120 000
120 000
120 000
120 000
Total tax
55 292
54 480
57 312
56 338
After tax
64 708
65 520
62 688
63 662
Living cost
36 179
36 179
36 179
36 179
Free-cash
28 529
29 341
26 509
27 483

Estimated living cost  is ₽36179 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
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.
₽8101
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
₽69390
₽44145
₽34223
-₽14025
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
-
-
-
120 000
income
-
-
-
23 390
social contributions
-
-
-
13 680
total
-
-
-
37 070
Employee
55 612
-
-
-
income
12 267
-
-
-
social contributions
4 560
-
650
-
total
16 827
-
650
-
Employer
55 612
-
-
-
social contributions
78 413
-
11 175
-
total
78 413
-
11 175
-
Corporate
-
120 000
-
-
income
-
26 400
-
-
total
-
26 400
-
-
Dividends
-
93 600
-
-
income
-
20 592
-
-
total
-
20 592
-
-
Income
120 000
120 000
120 000
120 000
Total tax
95 240
46 992
11 825
37 070
After tax
24 760
73 008
108 175
82 930
Living cost
38 785
38 785
38 785
38 785
Free-cash
-14 025
34 223
69 390
44 145

Estimated living cost  is ₽38785 per week

₽25165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3648
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.
₽9478
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
₽53781
₽54973
₽58763
₽55070
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
-
-
-
120 000
income
-
-
-
18 654
social contributions
-
-
-
14 415
health
-
-
-
3 060
total
-
-
-
36 129
Employee
68 510
68 510
110 290
-
income
7 194
6 342
18 067
-
social contributions
3 329
5 686
7 669
-
health
681
1 165
1 875
-
total
11 204
13 193
27 611
-
Employer
68 510
68 510
110 290
-
social contributions
3 329
5 686
7 669
-
health
742
1 268
2 041
-
total
4 071
6 954
9 710
-
Corporate
75 826
44 535
-
-
income
9 478
5 568
-
-
total
9 478
5 568
-
-
Dividends
66 347
38 968
-
-
withholding
11 279
6 624
-
-
total
11 279
6 624
-
-
Income
120 000
120 000
120 000
120 000
Total tax
36 032
32 339
37 321
36 129
After tax
83 968
87 661
82 679
83 871
Living cost
28 898
28 898
28 898
28 898
Free-cash
55 070
58 763
53 781
54 973

Estimated living cost  is ₽28898 per week

₽19755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2257
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.
₽6401
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
₽38899
₽49936
₽49956
₽53003
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
-
-
-
120 000
income
-
-
-
30 903
pensions
-
-
-
7 122
total
-
-
-
38 025
Employee
43 978
-
105 122
-
income
8 009
-
23 544
-
health
574
-
1 649
-
pensions
3 357
-
8 993
-
total
11 940
-
34 186
-
Employer
43 978
-
105 122
-
pensions
4 443
-
12 879
-
health
836
-
1 997
-
total
5 279
-
14 876
-
Corporate
70 743
120 000
-
-
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.

13 442
22 799
-
-
total
13 442
22 799
-
-
Dividends
57 301
97 201
-
-
withholding
4 297
15 206
-
-
total
4 297
15 206
-
-
Income
120 000
120 000
120 000
120 000
Total tax
34 958
38 005
49 062
38 025
After tax
85 042
81 995
70 938
81 975
Living cost
32 039
32 039
32 039
32 039
Free-cash
53 003
49 956
38 899
49 936

Estimated living cost  is ₽32039 per week

₽21979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2946
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.
₽6711
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
₽17023
₽22510
₽27714
₽23661
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
-
-
-
120 000
municipal
-
-
-
801
regional
-
-
-
2 681
national
-
-
-
27 649
social contributions
-
-
-
30 865
total
-
-
-
61 996
Employee
75 078
-
120 000
-
regional
1 133
-
2 303
-
social contributions
25 316
-
40 463
-
national
12 687
-
24 002
-
municipal
448
-
715
-
total
39 584
-
67 483
-
Employer
75 078
-
120 000
-
total
-
-
-
-
Corporate
44 922
120 000
-
-
nationa
10 782
28 800
-
-
municipal
2 166
5 784
-
-
total
12 948
34 584
-
-
Dividends
31 974
85 416
-
-
withholding
8 313
22 208
-
-
total
8 313
22 208
-
-
Income
120 000
120 000
120 000
120 000
Total tax
60 845
56 792
67 483
61 996
After tax
59 155
63 208
52 517
58 004
Living cost
35 494
35 494
35 494
35 494
Free-cash
23 661
27 714
17 023
22 510

Estimated living cost  is ₽35494 per week

₽24932
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.
₽7583
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
₽45575
₽63546
-₽8872
₽6869
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
-
-
-
120 000
income
-
-
-
31 977
health
-
-
-
1 843
accident
-
-
-
213
pensions
-
-
-
3 516
other
-
-
-
313
total
-
-
-
37 862
Employee
29 247
-
106 309
-
income
4 012
-
23 522
-
health
3 349
-
12 172
-
pensions
3 293
-
6 448
-
total
10 654
-
42 142
-
Employer
29 247
-
106 309
-
unemployment
717
-
2 605
-
pensions
4 756
-
9 311
-
accident
488
-
1 775
-
total
5 961
-
13 691
-
Corporate
84 793
120 000
-
-
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.

76 313
108 000
-
-
total
76 313
108 000
-
-
Dividends
8 479
12 000
-
-
withholding
1 611
2 280
-
-
total
1 611
2 280
-
-
Income
120 000
120 000
120 000
120 000
Total tax
94 539
110 280
55 833
37 862
After tax
25 461
9 720
64 167
82 138
Living cost
18 592
18 592
18 592
18 592
Free-cash
6 869
-8 872
45 575
63 546

Estimated living cost  is ₽18592 per week

₽13627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1030
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.
₽3548
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
₽44705
₽33429
₽27421
₽39077
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.

-
-
-
120 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
32 997
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 087
trade
-
-
-
11 276
surtax

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

-
-
-
1 814
total
-
-
-
52 174
Employee

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

44 331
-
120 000
-
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.

3 645
-
32 997
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 087
-
6 087
-
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
-
1 814
-
total
9 933
-
40 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 669
120 000
-
-
chamber of commerce
247
311
-
-
income
11 350
18 000
-
-
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.

624
991
-
-
trade
10 858
17 220
-
-
total
23 079
36 522
-
-
Dividends
52 590
83 478
-
-
withholding
12 809
20 531
-
-
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.

705
1 129
-
-
total
13 514
21 660
-
-
Income
120 000
120 000
120 000
120 000
Total tax
46 526
58 182
40 898
52 174
After tax
73 474
61 818
79 102
67 826
Living cost
34 397
34 397
34 397
34 397
Free-cash
39 077
27 421
44 705
33 429

Estimated living cost  is ₽34397 per week

₽23728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3701
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.
₽6469
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
₽48751
₽17996
₽77464
₽70157
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.

-
-
-
120 000
microenterprise
-
-
-
-
income
-
-
-
18 733
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.

-
-
-
34 136
surtax
-
-
-
30 599
total
-
-
-
83 468
Employee
26 034
-
96 703
-
income
4 634
-
18 781
-
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.

2 864
-
10 637
-
surtax
-
-
-
-
total
7 498
-
29 418
-
Employer
26 034
-
96 703
-
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.

6 271
-
23 295
-
surtax
-
-
-
-
total
6 271
-
23 295
-
Corporate
87 695
120 000
-
-
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%.

17 538
24 000
-
-
total
17 538
24 000
-
-
Dividends

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

70 157
96 000
-
-
total
-
-
-
-
Income
120 000
120 000
120 000
120 000
Total tax
31 307
24 000
52 713
83 468
After tax
88 693
96 000
67 287
36 532
Living cost
18 536
18 536
18 536
18 536
Free-cash
70 157
77 464
48 751
17 996

Estimated living cost  is ₽18536 per week

₽11825
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.
₽4524
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
₽58625
₽59456
₽63197
₽61279
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
-
-
-
120 000
income
-
-
-
34 160
health
-
-
-
6 179
pensions
-
-
-
8 522
total
-
-
-
48 861
Employee
17 795
-
110 413
-
income
3 442
-
33 713
-
health
890
-
2 131
-
unemployment
178
-
426
-
pensions
1 601
-
3 835
-
total
6 111
-
40 105
-
Employer
17 795
-
110 413
-
unemployment
356
-
852
-
pensions
1 957
-
4 687
-
health
1 691
-
4 048
-
total
4 004
-
9 587
-
Corporate
98 201
120 000
-
-
income
21 604
26 400
-
-
total
21 604
26 400
-
-
Dividends
76 597
93 600
-
-
withholding
15 319
18 720
-
-
total
15 319
18 720
-
-
Income
120 000
120 000
120 000
120 000
Total tax
47 038
45 120
49 692
48 861
After tax
72 962
74 880
70 308
71 139
Living cost
11 683
11 683
11 683
11 683
Free-cash
61 279
63 197
58 625
59 456

Estimated living cost  is ₽11683 per week

₽6943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽268
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.
₽3526
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
₽34797
₽36926
₽55468
₽52633
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
-
-
-
120 000
income
-
-
-
26 897
health
-
-
-
8 442
unemployment
-
-
-
203
surtax
-
-
-
3 738
pensions
-
-
-
23 782
other
-
-
-
-
total
-
-
-
63 062
Employee
30 004
-
99 131
-
other
-
-
-
-
income
5 030
-
24 878
-
health
766
-
2 529
-
unemployment
2 088
-
6 900
-
surtax
107
-
3 402
-
pensions
2 002
-
6 613
-
total
9 993
-
44 322
-
Employer
30 004
-
99 131
-
unemployment
952
-
3 143
-
pensions
4 000
-
13 215
-
other
-
-
-
-
health
1 364
-
4 511
-
total
6 316
-
20 869
-
Corporate
83 679
120 000
-
-
income
21 757
31 200
-
-
total
21 757
31 200
-
-
Dividends
61 922
88 800
-
-
withholding
9 289
13 320
-
-
total
9 289
13 320
-
-
Income
120 000
120 000
120 000
120 000
Total tax
47 355
44 520
65 191
63 062
After tax
72 645
75 480
54 809
56 938
Living cost
20 012
20 012
20 012
20 012
Free-cash
52 633
55 468
34 797
36 926

Estimated living cost  is ₽20012 per week

₽12082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1740
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.
₽5727
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
₽4034
₽32391
₽38419
₽37978
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
-
-
-
120 000
income
-
-
-
26 021
chamber of commerce
-
-
-