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
₽ 121000
per

Your estimated
City
free-cash

Valencia , Spain
₽39119
₽43400
₽56594
₽52292
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
-
-
-
121 000
income
-
-
-
28 342
accident
-
-
-
744
unemployment
-
-
-
578
pensions
-
-
-
23 361
other
-
-
-
83
total
-
-
-
53 108
Employee
32 932
-
94 682
-
other
32
-
83
-
income
6 349
-
25 828
-
unemployment
510
-
1 279
-
pensions
1 548
-
3 881
-
total
8 439
-
31 071
-
Employer
32 932
-
94 682
-
unemployment
1 812
-
4 540
-
pensions
7 771
-
19 483
-
other
264
-
661
-
accident
652
-
1 634
-
total
10 499
-
26 318
-
Corporate
77 568
121 000
-
-
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.

11 635
18 151
-
-
total
11 635
18 151
-
-
Dividends
65 933
102 849
-
-
withholding
13 643
21 763
-
-
total
13 643
21 763
-
-
Income
121 000
121 000
121 000
121 000
Total tax
44 216
39 914
57 389
53 108
After tax
76 784
81 086
63 611
67 892
Living cost
24 492
24 492
24 492
24 492
Free-cash
52 292
56 594
39 119
43 400

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
₽45708
₽40703
₽65167
₽59153
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
-
-
-
121 000
income
-
-
-
16 454
health
-
-
-
5 324
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.

-
-
-
29 039
other
-
-
-
5 748
total
-
-
-
56 565
Employee
32 338
-
96 646
-
income
5 567
-
18 122
-
health
453
-
1 354
-
unemployment
323
-
967
-
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
-
6 764
-
total
8 606
-
27 207
-
Employer
32 338
-
96 646
-
unemployment
323
-
967
-
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
-
16 428
-
other
1 617
-
4 832
-
accident
259
-
772
-
health
453
-
1 354
-
total
8 150
-
24 353
-
Corporate
80 512
121 000
-
-
income
16 907
25 410
-
-
total
16 907
25 410
-
-
Dividends
63 605
95 590
-
-
withholding
4 452
6 691
-
-
total
4 452
6 691
-
-
Income
121 000
121 000
121 000
121 000
Total tax
38 115
32 101
51 560
56 565
After tax
82 885
88 899
69 440
64 435
Living cost
23 732
23 732
23 732
23 732
Free-cash
59 153
65 167
45 708
40 703

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
₽87255
₽82894
₽91794
₽87662
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
-
-
-
121 000
income
-
-
-
18 150
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
-
-
-
26 445
Employee
15 441
-
114 905
-
income
1 544
-
11 490
-
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
-
15 989
-
Employer
15 441
-
114 905
-
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
102 530
121 000
-
-
income
10 253
12 100
-
-
total
10 253
12 100
-
-
Dividends
92 277
108 900
-
-
withholding
4 614
5 445
-
-
total
4 614
5 445
-
-
Income
121 000
121 000
121 000
121 000
Total tax
21 677
17 545
22 084
26 445
After tax
99 323
103 455
98 916
94 555
Living cost
11 661
11 661
11 661
11 661
Free-cash
87 662
91 794
87 255
82 894

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
₽40049
₽38296
₽30512
₽35770
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
-
-
-
121 000
income
-
-
-
16 041
social contributions
-
-
-
3 448
health
-
-
-
3 997
surtax
-
-
-
-
pensions
-
-
-
24 996
other
-
-
-
3 750
total
-
-
-
52 232
Employee
38 118
-
95 761
-
income
2 250
-
16 737
-
social contributions
1 087
-
2 728
-
surtax
-
-
-
-
pensions
4 310
-
5 780
-
total
7 647
-
25 245
-
Employer
38 118
-
95 761
-
unemployment
1 543
-
3 879
-
social contributions
115
-
287
-
pensions
6 262
-
9 886
-
other
1 315
-
3 361
-
health
2 669
-
7 821
-
total
11 904
-
25 234
-
Corporate
70 978
121 000
-
-
income
19 875
33 879
-
-
surtax
-
-
-
-
total
19 875
33 879
-
-
Dividends
51 103
87 121
-
-
withholding
6 541
11 152
-
-
surtax
-
-
-
-
social contributions
8 791
14 985
-
-
total
15 332
26 137
-
-
Income
121 000
121 000
121 000
121 000
Total tax
54 758
60 016
50 479
52 232
After tax
66 242
60 984
70 521
68 768
Living cost
30 472
30 472
30 472
30 472
Free-cash
35 770
30 512
40 049
38 296

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
₽33271
₽31988
₽22062
₽16605
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
-
-
-
121 000
income
-
-
-
30 284
health
-
-
-
10 983
pensions
-
-
-
10 435
total
-
-
-
51 702
Employee
76 057
76 057
104 448
-
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
104 448
-
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
32 557
31 624
-
-
income
6 512
6 325
-
-
total
6 512
6 325
-
-
Dividends
26 045
25 299
-
-
withholding
3 906
3 794
-
-
income
5 535
5 376
-
-
total
9 441
9 170
-
-
Income
121 000
121 000
121 000
121 000
Total tax
67 085
61 628
50 419
51 702
After tax
53 915
59 372
70 581
69 298
Living cost
37 310
37 310
37 310
37 310
Free-cash
16 605
22 062
33 271
31 988

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
₽52676
₽40140
₽34108
₽43961
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.

-
-
-
121 000
income

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

-
-
-
33 423
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
-
-
-
12 536
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.

-
-
-
1 839
total
-
-
-
53 883
Employee

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

34 065
-
121 000
-
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
-
33 423
-
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
-
1 839
-
total
7 089
-
41 347
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 935
121 000
-
-
chamber of commerce
260
309
-
-
income
13 040
18 151
-
-
surtax

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

717
999
-
-
trade
13 692
19 058
-
-
total
27 709
38 517
-
-
Dividends
59 226
82 483
-
-
withholding
14 468
20 282
-
-
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.

796
1 116
-
-
total
15 264
21 398
-
-
Income
121 000
121 000
121 000
121 000
Total tax
50 062
59 915
41 347
53 883
After tax
70 938
61 085
79 653
67 117
Living cost
26 977
26 977
26 977
26 977
Free-cash
43 961
34 108
52 676
40 140

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
₽62716
₽63879
₽67764
₽62920
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
-
-
-
121 000
income
-
-
-
19 004
social contributions
-
-
-
14 410
health
-
-
-
3 086
total
-
-
-
36 500
Employee
68 486
68 486
111 275
-
income
7 457
6 340
18 379
-
social contributions
2 589
5 684
7 667
-
health
531
1 165
1 891
-
total
10 577
13 189
27 937
-
Employer
68 486
68 486
111 275
-
social contributions
2 589
5 684
7 667
-
health
576
1 268
2 059
-
total
3 165
6 952
9 726
-
Corporate
86 636
45 562
-
-
income
10 829
5 696
-
-
total
10 829
5 696
-
-
Dividends
75 807
39 866
-
-
withholding
12 888
6 778
-
-
total
12 888
6 778
-
-
Income
121 000
121 000
121 000
121 000
Total tax
37 459
32 615
37 663
36 500
After tax
83 541
88 385
83 337
84 500
Living cost
20 621
20 621
20 621
20 621
Free-cash
62 920
67 764
62 716
63 879

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
₽29992
₽38079
₽40888
₽39990
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.

-
-
-
121 000
income
-
-
-
12 936
social contributions

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

-
-
-
42 048
surtax
-
-
-
-
total
-
-
-
54 984
Employee
40 963
-
97 777
-
income
8 520
-
29 092
-
social contributions
4 506
-
10 756
-
surtax
-
-
-
-
total
13 026
-
39 848
-
Employer
40 963
-
97 777
-
social contributions
9 729
-
23 223
-
total
9 729
-
23 223
-
Corporate
70 309
121 000
-
-
income
14 765
25 410
-
-
surtax
-
-
-
-
total
14 765
25 410
-
-
Dividends
55 543
95 590
-
-
withholding
15 553
26 765
-
-
total
15 553
26 765
-
-
Income
121 000
121 000
121 000
121 000
Total tax
53 073
52 175
63 071
54 984
After tax
67 927
68 825
57 929
66 016
Living cost
27 937
27 937
27 937
27 937
Free-cash
39 990
40 888
29 992
38 079

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
₽90459
₽113449
₽108609
₽107420
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%.

-
-
-
121 000
microenterprise

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

-
-
-
1 210
total
-
-
-
1 210
Employee
7 926
-
121 000
-
income
1 585
-
24 200
-
total
1 585
-
24 200
-
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%.

113 074
121 000
-
-
total
-
-
-
-
Dividends
113 074
121 000
-
-
withholding
5 654
6 050
-
-
total
5 654
6 050
-
-
Income
121 000
121 000
121 000
121 000
Total tax
7 239
6 050
24 200
1 210
After tax
113 761
114 950
96 800
119 790
Living cost
6 341
6 341
6 341
6 341
Free-cash
107 420
108 609
90 459
113 449

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
₽33823
₽37029
₽59420
₽51970
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.

-
-
-
121 000
income
-
-
-
25 898
health
-
-
-
11 906
unemployment
-
-
-
181
pensions
-
-
-
22 097
total
-
-
-
60 082
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
-
104 698
-
income
6 792
-
23 846
-
health
2 544
-
6 764
-
unemployment
56
-
147
-
pensions
6 105
-
16 229
-
total
15 497
-
46 986
-
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
-
104 698
-
unemployment
24
-
63
-
pensions
3 485
-
9 265
-
health
2 623
-
6 974
-
total
6 132
-
16 302
-
Corporate
75 484
121 000
-
-
income
14 341
22 990
-
-
total
14 341
22 990
-
-
Dividends
61 142
98 010
-
-
withholding
9 171
14 701
-
-
total
9 171
14 701
-
-
Income
121 000
121 000
121 000
121 000
Total tax
45 141
37 691
63 288
60 082
After tax
75 859
83 309
57 712
60 918
Living cost
23 889
23 889
23 889
23 889
Free-cash
51 970
59 420
33 823
37 029

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
₽55892
₽57548
₽41614
₽44726
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.

-
-
-
121 000
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
-
116 903
-
social contributions
4 094
-
4 097
-
income
4 433
-
24 583
-
total
8 527
-
28 680
-
Employer
40 858
-
116 903
-
social contributions
4 094
-
4 097
-
total
4 094
-
4 097
-
Corporate
76 049
121 000
-
-
income
26 617
42 350
-
-
total
26 617
42 350
-
-
Dividends
49 432
78 650
-
-
social contributions
4 705
4 705
-
-
total
4 705
4 705
-
-
Income
121 000
121 000
121 000
121 000
Total tax
43 943
47 055
32 777
31 121
After tax
77 057
73 945
88 223
89 879
Living cost
32 331
32 331
32 331
32 331
Free-cash
44 726
41 614
55 892
57 548

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
₽57378
₽58818
₽54935
₽55397
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
-
-
-
121 000
income
-
-
-
18 151
social contributions
-
-
-
16 699
health
-
-
-
8 446
total
-
-
-
43 296
Employee
30 198
-
121 000
-
income
5 037
-
19 591
-
social contributions
4 168
-
16 699
-
health
2 108
-
8 446
-
total
11 313
-
44 736
-
Employer
30 198
-
121 000
-
total
-
-
-
-
Corporate
90 802
121 000
-
-
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%.

4 540
6 051
-
-
total
4 540
6 051
-
-
Dividends
86 262
114 949
-
-
withholding
12 940
17 243
-
-
health
6 020
8 023
-
-
social contributions
11 904
15 862
-
-
total
30 864
41 128
-
-
Income
121 000
121 000
121 000
121 000
Total tax
46 717
47 179
44 736
43 296
After tax
74 283
73 821
76 264
77 704
Living cost
18 886
18 886
18 886
18 886
Free-cash
55 397
54 935
57 378
58 818

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
₽37178
₽40695
₽59084
₽50442
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
-
-
-
121 000
income
-
-
-
11 456
social contributions
-
-
-
28 289
solidarity contribution
-
-
-
-
health
-
-
-
16 335
total
-
-
-
56 080
Employee
35 625
-
90 298
-
solidarity contribution
-
-
-
-
income
4 275
-
10 836
-
social contributions
2 316
-
5 869
-
health
4 809
-
12 190
-
total
11 400
-
28 895
-
Employer
35 625
-
90 298
-
social contributions
8 906
-
22 575
-
health
3 206
-
8 127
-
total
12 112
-
30 702
-
Corporate
73 262
121 000
-
-
income
13 920
22 990
-
-
total
13 920
22 990
-
-
Dividends
59 342
98 010
-
-
withholding
8 901
14 701
-
-
total
8 901
14 701
-
-
Income
121 000
121 000
121 000
121 000
Total tax
46 333
37 691
59 597
56 080
After tax
74 667
83 309
61 403
64 920
Living cost
24 225
24 225
24 225
24 225
Free-cash
50 442
59 084
37 178
40 695

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
₽86918
₽109908
₽105068
₽103215
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%.

-
-
-
121 000
microenterprise

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

-
-
-
1 210
total
-
-
-
1 210
Employee
12 352
-
121 000
-
income
2 471
-
24 200
-
total
2 471
-
24 200
-
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%.

108 648
121 000
-
-
total
-
-
-
-
Dividends
108 648
121 000
-
-
withholding
5 432
6 050
-
-
total
5 432
6 050
-
-
Income
121 000
121 000
121 000
121 000
Total tax
7 903
6 050
24 200
1 210
After tax
113 097
114 950
96 800
119 790
Living cost
9 882
9 882
9 882
9 882
Free-cash
103 215
105 068
86 918
109 908

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
₽27504
₽25751
₽17967
₽24089
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
-
-
-
121 000
income
-
-
-
16 041
social contributions
-
-
-
3 448
health
-
-
-
3 997
surtax
-
-
-
-
pensions
-
-
-
24 996
other
-
-
-
3 750
total
-
-
-
52 232
Employee
55 783
-
95 761
-
income
4 867
-
16 737
-
social contributions
1 589
-
2 728
-
surtax
-
-
-
-
pensions
6 309
-
5 780
-
total
12 765
-
25 245
-
Employer
55 783
-
95 761
-
unemployment
2 260
-
3 879
-
social contributions
167
-
287
-
pensions
9 166
-
9 886
-
other
1 925
-
3 361
-
health
3 904
-
7 821
-
total
17 422
-
25 234
-
Corporate
47 795
121 000
-
-
income
13 383
33 879
-
-
surtax
-
-
-
-
total
13 383
33 879
-
-
Dividends
34 412
87 121
-
-
withholding
4 405
11 152
-
-
surtax
-
-
-
-
social contributions
5 919
14 985
-
-
total
10 324
26 137
-
-
Income
121 000
121 000
121 000
121 000
Total tax
53 894
60 016
50 479
52 232
After tax
67 106
60 984
70 521
68 768
Living cost
43 017
43 017
43 017
43 017
Free-cash
24 089
17 967
27 504
25 751

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
₽54279
₽54276
₽72058
₽67685
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.

-
-
-
121 000
income
-
-
-
26 539
health
-
-
-
6 763
unemployment
-
-
-
985
pensions
-
-
-
17 072
total
-
-
-
51 359
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
-
109 247
-
income
3 194
-
26 539
-
health
1 193
-
3 381
-
unemployment
174
-
492
-
pensions
3 244
-
9 192
-
total
7 805
-
39 604
-
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
-
109 247
-
unemployment
174
-
492
-
pensions
2 780
-
7 879
-
health
1 193
-
3 381
-
total
4 147
-
11 752
-
Corporate
93 684
121 000
-
-
income
14 053
18 150
-
-
total
14 053
18 150
-
-
Dividends
79 631
102 850
-
-
withholding
11 945
15 427
-
-
total
11 945
15 427
-
-
Income
121 000
121 000
121 000
121 000
Total tax
37 950
33 577
51 356
51 359
After tax
83 050
87 423
69 644
69 641
Living cost
15 365
15 365
15 365
15 365
Free-cash
67 685
72 058
54 279
54 276

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
₽30905
₽36787
-₽6870
₽19742
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
-
-
-
121 000
regional
-
-
-
5 420
national
-
-
-
1 494
health
-
-
-
272
city
-
-
-
1 275
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.

-
-
-
2 420
pensions
-
-
-
11 132
total
-
-
-
22 013
Employee
72 790
-
108 300
-
regional
2 384
-
4 668
-
city
781
-
1 163
-
health
165
-
244
-
unemployment
-
-
-
-
national
345
-
1 214
-
pensions
6 115
-
9 098
-
total
9 790
-
16 387
-
Employer
72 790
-
108 300
-
unemployment
-
-
-
-
pensions
6 115
-
9 098
-
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
-
2 166
-
health
165
-
244
-
total
7 735
-
11 508
-
Corporate
39 675
121 000
-
-
regional
8 392
25 591
-
-
national
3 372
10 285
-
-
total
11 764
35 876
-
-
Dividends
27 910
85 124
-
-
withholding
9 769
29 794
-
-
total
9 769
29 794
-
-
Income
121 000
121 000
121 000
121 000
Total tax
39 058
65 670
27 895
22 013
After tax
81 942
55 330
93 105
98 987
Living cost
62 200
62 200
62 200
62 200
Free-cash
19 742
-6 870
30 905
36 787

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
₽31563
₽48152
₽43818
₽44622
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

-
-
-
121 000
municipal
-
-
-
21 511
national
-
-
-
15 651
health
-
-
-
1 492
total
-
-
-
38 654
Employee
46 859
-
101 793
-
health
350
-
1 197
-
unemployment
703
-
1 526
-
national
774
-
9 846
-
municipal
7 675
-
16 596
-
pensions
3 162
-
6 871
-
total
12 664
-
36 036
-
Employer
46 859
-
101 793
-
unemployment
304
-
661
-
pensions
8 130
-
17 661
-
accident
47
-
101
-
health
360
-
784
-
total
8 841
-
19 207
-
Corporate
65 300
121 000
-
-
income
13 060
24 200
-
-
total
13 060
24 200
-
-
Dividends

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

39 180
72 600
-
-
national
566
5 720
-
-
municipal
7 053
13 068
-
-
total
7 619
18 788
-
-
Income
121 000
121 000
121 000
121 000
Total tax
42 184
42 988
55 243
38 654
After tax
78 816
78 012
65 757
82 346
Living cost
34 194
34 194
34 194
34 194
Free-cash
44 622
43 818
31 563
48 152

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
₽12130
₽21124
₽35272
₽21916
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
-
-
-
121 000
national
-
-
-
42 198
social contributions
-
-
-
19 089
communal

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

-
-
-
6 115
total
-
-
-
67 402
Employee

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

63 708
-
93 719
-
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
-
4 405
-
communal

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

3 323
-
4 888
-
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
-
815
-
national
19 586
-
31 978
-
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
-
7 029
-
total
31 234
-
49 115
-
Employer

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

63 708
-
93 719
-
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
-
1 369
-
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
-
8 304
-
surtax
7 224
-
10 628
-
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
-
1 217
-
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
-
5 763
-
total
18 545
-
27 281
-
Corporate
38 747
121 000
-
-
income
7 749
24 200
-
-
surtax
155
483
-
-
total
7 904
24 683
-
-
Dividends
30 842
96 317
-
-
withholding

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

8 927
28 571
-
-
total
8 927
28 571
-
-
Income
121 000
121 000
121 000
121 000
Total tax
66 610
53 254
76 396
67 402
After tax
54 390
67 746
44 604
53 598
Living cost
32 474
32 474
32 474
32 474
Free-cash
21 916
35 272
12 130
21 124

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
₽27003
₽27978
₽29879
₽29067
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
-
-
-
121 000
municipal
-
-
-
29 231
national
-
-
-
4 628
health
-
-
-
4 949
accident
-
-
-
159
unemployment
-
-
-
79
pensions
-
-
-
8 573
other
-
-
-
9 216
total
-
-
-
56 835
Employee
51 564
-
96 081
-
national
-
-
4 239
-
municipal
15 376
-
28 651
-
total
15 376
-
32 890
-
Employer
51 564
-
96 081
-
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
53 235
121 000
-
-
income
11 712
26 620
-
-
total
11 712
26 620
-
-
Dividends
41 523
94 380
-
-
withholding
12 457
28 314
-
-
total
12 457
28 314
-
-
Income
121 000
121 000
121 000
121 000
Total tax
55 746
54 934
57 810
56 835
After tax
65 254
66 066
63 190
64 165
Living cost
36 187
36 187
36 187
36 187
Free-cash
29 067
29 879
27 003
27 978

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
₽70460
₽44890
₽34885
-₽12839
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
-
-
-
121 000
income
-
-
-
23 585
social contributions
-
-
-
13 794
total
-
-
-
37 379
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
-
121 000
-
-
income
-
26 620
-
-
total
-
26 620
-
-
Dividends
-
94 380
-
-
income
-
20 764
-
-
total
-
20 764
-
-
Income
121 000
121 000
121 000
121 000
Total tax
95 108
47 384
11 809
37 379
After tax
25 892
73 616
109 191
83 621
Living cost
38 731
38 731
38 731
38 731
Free-cash
-12 839
34 885
70 460
44 890

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
₽54449
₽55612
₽59497
₽55805
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
-
-
-
121 000
income
-
-
-
19 004
social contributions
-
-
-
14 410
health
-
-
-
3 086
total
-
-
-
36 500
Employee
68 486
68 486
111 275
-
income
7 192
6 340
18 379
-
social contributions
3 328
5 684
7 667
-
health
681
1 165
1 891
-
total
11 201
13 189
27 937
-
Employer
68 486
68 486
111 275
-
social contributions
3 328
5 684
7 667
-
health
742
1 268
2 059
-
total
4 070
6 952
9 726
-
Corporate
76 841
45 562
-
-
income
9 605
5 696
-
-
total
9 605
5 696
-
-
Dividends
67 236
39 866
-
-
withholding
11 431
6 778
-
-
total
11 431
6 778
-
-
Income
121 000
121 000
121 000
121 000
Total tax
36 307
32 615
37 663
36 500
After tax
84 693
88 385
83 337
84 500
Living cost
28 888
28 888
28 888
28 888
Free-cash
55 805
59 497
54 449
55 612

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
₽39406
₽50529
₽50508
₽53763
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
-
-
-
121 000
income
-
-
-
31 301
pensions
-
-
-
7 141
total
-
-
-
38 442
Employee
43 964
-
105 986
-
income
8 006
-
23 886
-
health
573
-
1 656
-
pensions
3 356
-
9 009
-
total
11 935
-
34 551
-
Employer
43 964
-
105 986
-
pensions
4 442
-
13 001
-
health
836
-
2 013
-
total
5 278
-
15 014
-
Corporate
71 759
121 000
-
-
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.

13 635
22 989
-
-
total
13 635
22 989
-
-
Dividends
58 124
98 011
-
-
withholding
4 360
15 474
-
-
total
4 360
15 474
-
-
Income
121 000
121 000
121 000
121 000
Total tax
35 208
38 463
49 565
38 442
After tax
85 792
82 537
71 435
82 558
Living cost
32 029
32 029
32 029
32 029
Free-cash
53 763
50 508
39 406
50 529

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
₽17410
₽22945
₽28253
₽24203
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
-
-
-
121 000
municipal
-
-
-
810
regional
-
-
-
2 710
national
-
-
-
27 933
social contributions
-
-
-
31 121
total
-
-
-
62 574
Employee
75 051
-
121 000
-
regional
1 133
-
2 330
-
social contributions
25 307
-
40 801
-
national
12 683
-
24 256
-
municipal
448
-
722
-
total
39 571
-
68 109
-
Employer
75 051
-
121 000
-
total
-
-
-
-
Corporate
45 949
121 000
-
-
nationa
11 028
29 040
-
-
municipal
2 214
5 833
-
-
total
13 242
34 873
-
-
Dividends
32 706
86 127
-
-
withholding
8 503
22 393
-
-
total
8 503
22 393
-
-
Income
121 000
121 000
121 000
121 000
Total tax
61 316
57 266
68 109
62 574
After tax
59 684
63 734
52 891
58 426
Living cost
35 481
35 481
35 481
35 481
Free-cash
24 203
28 253
17 410
22 945

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
₽46187
₽64248
-₽8766
₽6952
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
-
-
-
121 000
income
-
-
-
32 306
health
-
-
-
1 841
accident
-
-
-
213
pensions
-
-
-
3 512
other
-
-
-
313
total
-
-
-
38 185
Employee
29 207
-
107 282
-
income
4 007
-
23 806
-
health
3 344
-
12 284
-
pensions
3 289
-
6 439
-
total
10 640
-
42 529
-
Employer
29 207
-
107 282
-
unemployment
716
-
2 628
-
pensions
4 749
-
9 298
-
accident
488
-
1 791
-
total
5 953
-
13 717
-
Corporate
85 841
121 000
-
-
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.

77 257
108 900
-
-
total
77 257
108 900
-
-
Dividends
8 584
12 100
-
-
withholding
1 631
2 299
-
-
total
1 631
2 299
-
-
Income
121 000
121 000
121 000
121 000
Total tax
95 481
111 199
56 246
38 185
After tax
25 519
9 801
64 754
82 815
Living cost
18 567
18 567
18 567
18 567
Free-cash
6 952
-8 766
46 187
64 248

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
₽45268
₽33846
₽27945
₽39596
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.

-
-
-
121 000
income

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

-
-
-
33 423
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
-
-
-
11 422
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.

-
-
-
1 839
total
-
-
-
52 769
Employee

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

44 315
-
121 000
-
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
-
33 423
-
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
-
1 839
-
total
9 930
-
41 347
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 685
121 000
-
-
chamber of commerce
248
313
-
-
income
11 503
18 151
-
-
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.

632
999
-
-
trade
11 005
17 363
-
-
total
23 388
36 826
-
-
Dividends
53 296
84 175
-
-
withholding
12 986
20 705
-
-
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.

715
1 139
-
-
total
13 701
21 844
-
-
Income
121 000
121 000
121 000
121 000
Total tax
47 019
58 670
41 347
52 769
After tax
73 981
62 330
79 653
68 231
Living cost
34 385
34 385
34 385
34 385
Free-cash
39 596
27 945
45 268
33 846

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
₽49309
₽18524
₽78271
₽70964
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.

-
-
-
121 000
microenterprise
-
-
-
-
income
-
-
-
18 967
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
-
-
-
30 856
total
-
-
-
83 947
Employee
26 025
-
97 510
-
income
4 633
-
18 946
-
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
-
10 726
-
surtax
-
-
-
-
total
7 496
-
29 672
-
Employer
26 025
-
97 510
-
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
-
23 490
-
surtax
-
-
-
-
total
6 269
-
23 490
-
Corporate
88 706
121 000
-
-
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%.

17 742
24 200
-
-
total
17 742
24 200
-
-
Dividends

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

70 964
96 800
-
-
total
-
-
-
-
Income
121 000
121 000
121 000
121 000
Total tax
31 507
24 200
53 162
83 947
After tax
89 493
96 800
67 838
37 053
Living cost
18 529
18 529
18 529
18 529
Free-cash
70 964
78 271
49 309
18 524

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
₽59290
₽60121
₽63830
₽61912
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
-
-
-
121 000
income
-
-
-
34 517
health
-
-
-
6 173
pensions
-
-
-
8 515
total
-
-
-
49 205
Employee
17 780
-
111 421
-
income
3 440
-
34 070
-
health
889
-
2 129
-
unemployment
178
-
426
-
pensions
1 600
-
3 832
-
total
6 107
-
40 457
-
Employer
17 780
-
111 421
-
unemployment
356
-
851
-
pensions
1 956
-
4 683
-
health
1 689
-
4 045
-
total
4 001
-
9 579
-
Corporate
99 219
121 000
-
-
income
21 828
26 620
-
-
total
21 828
26 620
-
-
Dividends
77 391
94 380
-
-
withholding
15 478
18 876
-
-
total
15 478
18 876
-
-
Income
121 000
121 000
121 000
121 000
Total tax
47 414
45 496
50 036
49 205
After tax
73 586
75 504
70 964
71 795
Living cost
11 674
11 674
11 674
11 674
Free-cash
61 912
63 830
59 290
60 121

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
₽35129
₽37409
₽56104
₽53272
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
-
-
-
121 000
income
-
-
-
27 355
health
-
-
-
8 439
unemployment
-
-
-
203
surtax
-
-
-
3 815
pensions
-
-
-
23 774
other
-
-
-
-
total
-
-
-
63 586
Employee
29 994
-
99 957
-
other
-
-
-
-
income
5 028
-
25 195
-
health
766
-
2 550
-
unemployment
2 087
-
6 957
-
surtax
106
-
3 455
-
pensions
2 001
-
6 668
-
total
9 988
-
44 825
-
Employer
29 994
-
99 957
-
unemployment
952
-
3 169
-
pensions
3 999
-
13 324
-
other
-
-
-
-
health
1 364
-
4 548
-
total
6 315
-
21 041
-
Corporate
84 692
121 000
-
-
income
22 019
31 461
-
-
total
22 019
31 461
-
-
Dividends
62 672
89 539
-
-
withholding
9 401
13 430
-
-
total
9 401
13 430
-
-
Income
121 000
121 000
121 000
121 000
Total tax
47 723
44 891
65 866
63 586
After tax
73 277
76 109
55 134
57 414
Living cost
20 005
20 005
20 005
20 005
Free-cash
53 272
56 104
35 129
37 409

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
₽4215
₽32982
₽38972
₽38533
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
-
-
-
121 000
income
-
-
-
26 449
chamber of commerce
-
-
-