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
₽ 122000
per

Your estimated
City
free-cash

Valencia , Spain
₽55601
₽43041
₽46438
₽59310
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
-
-
-
122 000
unemployment
-
-
-
525
income
-
-
-
30 795
other
-
-
-
75
accident
-
-
-
676
pensions
-
-
-
21 232
total
-
-
-
53 303
Employee
29 931
-
98 081
-
unemployment
464
-
1 163
-
pensions
1 407
-
3 527
-
income
5 770
-
28 016
-
other
29
-
75
-
total
7 670
-
32 781
-
Employer
29 931
-
98 081
-
pensions
7 063
-
17 707
-
accident
593
-
1 485
-
unemployment
1 647
-
4 126
-
other
240
-
601
-
total
9 543
-
23 919
-
Corporate
82 527
122 000
-
-
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.

12 380
18 300
-
-
total
12 380
18 300
-
-
Dividends
70 147
103 700
-
-
withholding
14 547
22 131
-
-
total
14 547
22 131
-
-
Income
122 000
122 000
122 000
122 000
Total tax
44 140
40 431
56 700
53 303
After tax
77 860
81 569
65 300
68 697
Living cost
22 259
22 259
22 259
22 259
Free-cash
55 601
59 310
43 041
46 438

Estimated living cost  is ₽22259 per week

₽15025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
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.
₽4705
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
₽62598
₽48071
₽43023
₽68065
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
-
-
-
122 000
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.

-
-
-
29 280
income
-
-
-
16 963
other
-
-
-
5 796
health
-
-
-
5 369
total
-
-
-
57 408
Employee
29 391
-
97 445
-
health
412
-
1 364
-
unemployment
293
-
974
-
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.

2 057
-
6 820
-
income
5 060
-
18 647
-
total
7 822
-
27 805
-
Employer
29 391
-
97 445
-
health
412
-
1 364
-
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.

4 997
-
16 565
-
accident
235
-
779
-
unemployment
293
-
974
-
other
1 470
-
4 873
-
total
7 407
-
24 555
-
Corporate
85 202
122 000
-
-
income
17 893
25 619
-
-
total
17 893
25 619
-
-
Dividends
67 309
96 381
-
-
withholding
4 711
6 747
-
-
total
4 711
6 747
-
-
Income
122 000
122 000
122 000
122 000
Total tax
37 833
32 366
52 360
57 408
After tax
84 167
89 634
69 640
64 592
Living cost
21 569
21 569
21 569
21 569
Free-cash
62 598
68 065
48 071
43 023

Estimated living cost  is ₽21569 per week

₽15240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
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.
₽4525
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
₽89920
₽90080
₽85518
₽93685
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
-
-
-
122 000
pensions

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

-
-
-
4 189
unemployment
-
-
-
113
income
-
-
-
18 300
health
-
-
-
3 255
total
-
-
-
25 857
Employee
14 069
-
116 446
-
health
647
-
1 302
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 235
-
2 485
-
income
1 407
-
11 644
-
total
3 444
-
15 742
-
Employer
14 069
-
116 446
-
health
971
-
1 953
-
pensions

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

1 551
-
3 119
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 761
-
5 553
-
Corporate
105 170
122 000
-
-
income
10 517
12 200
-
-
total
10 517
12 200
-
-
Dividends
94 654
109 800
-
-
withholding
4 733
5 490
-
-
total
4 733
5 490
-
-
Income
122 000
122 000
122 000
122 000
Total tax
21 455
17 690
21 295
25 857
After tax
100 545
104 310
100 705
96 143
Living cost
10 625
10 625
10 625
10 625
Free-cash
89 920
93 685
90 080
85 518

Estimated living cost  is ₽10625 per week

₽6203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
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.
₽3382
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
₽38575
₽41652
₽41389
₽33793
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
-
-
-
122 000
income
-
-
-
17 427
other
-
-
-
3 782
health
-
-
-
4 516
social contributions
-
-
-
3 476
pensions
-
-
-
23 715
surtax
-
-
-
-
total
-
-
-
52 916
Employee
34 644
-
95 682
-
pensions
3 917
-
6 128
-
income
2 045
-
17 482
-
social contributions
988
-
2 727
-
surtax
-
-
-
-
total
6 950
-
26 337
-
Employer
34 644
-
95 682
-
health
2 426
-
8 233
-
social contributions
104
-
287
-
pensions
5 691
-
10 411
-
unemployment
1 402
-
3 876
-
other
1 195
-
3 509
-
total
10 818
-
26 316
-
Corporate
76 537
122 000
-
-
income
21 430
34 160
-
-
surtax
-
-
-
-
total
21 430
34 160
-
-
Dividends
55 107
87 840
-
-
social contributions
9 478
15 109
-
-
surtax
-
-
-
-
withholding
7 054
11 243
-
-
total
16 532
26 352
-
-
Income
122 000
122 000
122 000
122 000
Total tax
55 730
60 512
52 653
52 916
After tax
66 270
61 488
69 347
69 084
Living cost
27 695
27 695
27 695
27 695
Free-cash
38 575
33 793
41 652
41 389

Estimated living cost  is ₽27695 per week

₽17463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7510
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
₽21224
₽40077
₽34876
₽26183
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
-
-
-
122 000
pensions
-
-
-
9 484
income
-
-
-
33 748
health
-
-
-
9 982
total
-
-
-
53 214
Employee
69 125
69 125
106 957
-
health
10 610
9 025
9 982
-
pensions
12 443
9 484
9 484
-
income

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

11 315
11 315
13 504
-
total
34 368
29 824
32 970
-
Employer
69 125
69 125
106 957
-
health
4 805
4 805
5 971
-
pensions
4 811
4 811
5 980
-
unemployment
2 489
2 489
3 092
-
total
12 105
12 105
15 043
-
Corporate
41 618
40 770
-
-
income
8 324
8 154
-
-
total
8 324
8 154
-
-
Dividends
33 294
32 617
-
-
income
7 075
6 931
-
-
withholding
4 994
4 893
-
-
total
12 069
11 824
-
-
Income
122 000
122 000
122 000
122 000
Total tax
66 866
61 907
48 013
53 214
After tax
55 134
60 093
73 987
68 786
Living cost
33 910
33 910
33 910
33 910
Free-cash
21 224
26 183
40 077
34 876

Estimated living cost  is ₽33910 per week

₽24031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
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.
₽6283
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
₽46002
₽54574
₽41287
₽37048
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.

-
-
-
122 000
trade
-
-
-
13 287
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.

-
-
-
35 429
health

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

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

-
-
-
5 530
surtax

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

-
-
-
1 949
total
-
-
-
56 195
Employee

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

30 961
-
122 000
-
health

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

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

5 530
-
5 530
-
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.

865
-
35 429
-
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.

48
-
1 949
-
total
6 443
-
42 908
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 039
122 000
-
-
income
13 656
18 300
-
-
trade
14 338
19 215
-
-
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.

751
1 006
-
-
chamber of commerce
253
298
-
-
total
28 998
38 819
-
-
Dividends
62 041
83 181
-
-
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.

836
1 128
-
-
withholding
15 203
20 487
-
-
total
16 039
21 615
-
-
Income
122 000
122 000
122 000
122 000
Total tax
51 480
60 434
42 908
56 195
After tax
70 520
61 566
79 092
65 805
Living cost
24 518
24 518
24 518
24 518
Free-cash
46 002
37 048
54 574
41 287

Estimated living cost  is ₽24518 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽5779
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
₽65922
₽64547
₽65676
₽70327
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
-
-
-
122 000
income
-
-
-
21 375
health
-
-
-
3 111
social contributions
-
-
-
13 097
total
-
-
-
37 583
Employee
62 244
62 244
112 943
-
health
482
1 058
1 920
-
income
6 777
5 762
20 767
-
social contributions
2 353
5 166
6 968
-
total
9 612
11 986
29 655
-
Employer
62 244
62 244
112 943
-
health
524
1 152
2 089
-
social contributions
2 353
5 166
6 968
-
total
2 877
6 318
9 057
-
Corporate
90 768
53 438
-
-
income
11 346
6 679
-
-
total
11 346
6 679
-
-
Dividends
79 423
46 759
-
-
withholding
13 502
7 949
-
-
total
13 502
7 949
-
-
Income
122 000
122 000
122 000
122 000
Total tax
37 337
32 932
38 712
37 583
After tax
84 663
89 068
83 288
84 417
Living cost
18 741
18 741
18 741
18 741
Free-cash
65 922
70 327
64 547
65 676

Estimated living cost  is ₽18741 per week

₽11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽5257
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
₽43188
₽32019
₽40667
₽44005
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.

-
-
-
122 000
income
-
-
-
13 548
social contributions

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

-
-
-
42 395
surtax
-
-
-
-
total
-
-
-
55 943
Employee
37 229
-
98 585
-
income
7 744
-
30 333
-
social contributions
4 095
-
10 845
-
surtax
-
-
-
-
total
11 839
-
41 178
-
Employer
37 229
-
98 585
-
social contributions
8 842
-
23 413
-
total
8 842
-
23 413
-
Corporate
75 929
122 000
-
-
income
15 945
25 619
-
-
surtax
-
-
-
-
total
15 945
25 619
-
-
Dividends
59 984
96 381
-
-
withholding
16 796
26 986
-
-
total
16 796
26 986
-
-
Income
122 000
122 000
122 000
122 000
Total tax
53 422
52 605
64 591
55 943
After tax
68 578
69 395
57 409
66 057
Living cost
25 390
25 390
25 390
25 390
Free-cash
43 188
44 005
32 019
40 667

Estimated living cost  is ₽25390 per week

₽18997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4472
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
₽108719
₽91553
₽114733
₽109853
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%.

-
-
-
122 000
microenterprise

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

-
-
-
1 220
total
-
-
-
1 220
Employee
7 559
-
122 000
-
income
1 512
-
24 400
-
total
1 512
-
24 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

114 441
122 000
-
-
total
-
-
-
-
Dividends
114 441
122 000
-
-
withholding
5 722
6 100
-
-
total
5 722
6 100
-
-
Income
122 000
122 000
122 000
122 000
Total tax
7 234
6 100
24 400
1 220
After tax
114 766
115 900
97 600
120 780
Living cost
6 047
6 047
6 047
6 047
Free-cash
108 719
109 853
91 553
114 733

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
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.
₽1631
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
₽55514
₽35686
₽38919
₽62285
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.

-
-
-
122 000
pensions
-
-
-
22 280
unemployment
-
-
-
183
income
-
-
-
26 901
health
-
-
-
12 005
total
-
-
-
61 369
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.

35 795
-
105 564
-
health
2 312
-
6 820
-
unemployment
51
-
147
-
pensions
5 548
-
16 363
-
income
6 173
-
24 835
-
total
14 084
-
48 165
-
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.

35 795
-
105 564
-
health
2 384
-
7 031
-
pensions
3 167
-
9 343
-
unemployment
22
-
63
-
total
5 573
-
16 437
-
Corporate
80 632
122 000
-
-
income
15 320
23 180
-
-
total
15 320
23 180
-
-
Dividends
65 313
98 820
-
-
withholding
9 797
14 823
-
-
total
9 797
14 823
-
-
Income
122 000
122 000
122 000
122 000
Total tax
44 774
38 003
64 602
61 369
After tax
77 226
83 997
57 398
60 631
Living cost
21 712
21 712
21 712
21 712
Free-cash
55 514
62 285
35 686
38 919

Estimated living cost  is ₽21712 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽5000
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
₽48469
₽58615
₽64450
₽45640
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.

-
-
-
122 000
income
-
-
-
23 042
health

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

-
-
-
5 124
total
-
-
-
28 166
Employee
37 134
-
118 276
-
social contributions
3 720
-
3 724
-
income
4 029
-
26 553
-
total
7 749
-
30 277
-
Employer
37 134
-
118 276
-
social contributions
3 720
-
3 724
-
total
3 720
-
3 724
-
Corporate
81 146
122 000
-
-
income
28 401
42 699
-
-
total
28 401
42 699
-
-
Dividends
52 745
79 301
-
-
social contributions
4 277
4 277
-
-
total
4 277
4 277
-
-
Income
122 000
122 000
122 000
122 000
Total tax
44 147
46 976
34 001
28 166
After tax
77 853
75 024
87 999
93 834
Living cost
29 384
29 384
29 384
29 384
Free-cash
48 469
45 640
58 615
64 450

Estimated living cost  is ₽29384 per week

₽19355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
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
₽57687
₽59273
₽61184
₽57267
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
-
-
-
122 000
income
-
-
-
18 300
health
-
-
-
8 516
social contributions
-
-
-
16 836
total
-
-
-
43 652
Employee
27 446
-
122 000
-
health
1 916
-
8 516
-
income
4 578
-
20 211
-
social contributions
3 788
-
16 836
-
total
10 282
-
45 563
-
Employer
27 446
-
122 000
-
total
-
-
-
-
Corporate
94 554
122 000
-
-
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%.

4 728
6 100
-
-
total
4 728
6 100
-
-
Dividends
89 826
115 900
-
-
social contributions
12 396
15 994
-
-
withholding
13 473
17 386
-
-
health
6 270
8 089
-
-
total
32 139
41 469
-
-
Income
122 000
122 000
122 000
122 000
Total tax
47 149
47 569
45 563
43 652
After tax
74 851
74 431
76 437
78 348
Living cost
17 164
17 164
17 164
17 164
Free-cash
57 687
57 267
59 273
61 184

Estimated living cost  is ₽17164 per week

₽11487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽4223
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
₽53311
₽39426
₽44632
₽61379
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
-
-
-
122 000
income
-
-
-
11 868
health
-
-
-
16 470
social contributions
-
-
-
26 412
solidarity contribution
-
-
-
-
total
-
-
-
54 750
Employee
33 261
-
91 181
-
health
4 490
-
12 309
-
solidarity contribution
-
-
-
-
income
3 991
-
10 949
-
social contributions
2 162
-
5 879
-
total
10 643
-
29 137
-
Employer
33 261
-
91 181
-
health
2 993
-
8 206
-
social contributions
8 315
-
22 613
-
total
11 308
-
30 819
-
Corporate
77 430
122 000
-
-
income
14 712
23 180
-
-
total
14 712
23 180
-
-
Dividends
62 718
98 820
-
-
withholding
9 408
14 823
-
-
total
9 408
14 823
-
-
Income
122 000
122 000
122 000
122 000
Total tax
46 071
38 003
59 956
54 750
After tax
75 929
83 997
62 044
67 250
Living cost
22 618
22 618
22 618
22 618
Free-cash
53 311
61 379
39 426
44 632

Estimated living cost  is ₽22618 per week

₽16820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
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
₽104710
₽88177
₽111357
₽106477
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%.

-
-
-
122 000
microenterprise

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

-
-
-
1 220
total
-
-
-
1 220
Employee
11 779
-
122 000
-
income
2 356
-
24 400
-
total
2 356
-
24 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

110 221
122 000
-
-
total
-
-
-
-
Dividends
110 221
122 000
-
-
withholding
5 511
6 100
-
-
total
5 511
6 100
-
-
Income
122 000
122 000
122 000
122 000
Total tax
7 867
6 100
24 400
1 220
After tax
114 133
115 900
97 600
120 780
Living cost
9 423
9 423
9 423
9 423
Free-cash
104 710
106 477
88 177
111 357

Estimated living cost  is ₽9423 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
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.
₽2335
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
₽27956
₽30251
₽29988
₽22392
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
-
-
-
122 000
income
-
-
-
17 427
other
-
-
-
3 782
health
-
-
-
4 516
social contributions
-
-
-
3 476
pensions
-
-
-
23 715
surtax
-
-
-
-
total
-
-
-
52 916
Employee
50 698
-
95 682
-
pensions
5 734
-
6 128
-
income
4 424
-
17 482
-
social contributions
1 444
-
2 727
-
surtax
-
-
-
-
total
11 602
-
26 337
-
Employer
50 698
-
95 682
-
health
3 548
-
8 233
-
social contributions
152
-
287
-
pensions
8 330
-
10 411
-
unemployment
2 054
-
3 876
-
other
1 750
-
3 509
-
total
15 834
-
26 316
-
Corporate
55 467
122 000
-
-
income
15 530
34 160
-
-
surtax
-
-
-
-
total
15 530
34 160
-
-
Dividends
39 937
87 840
-
-
social contributions
6 870
15 109
-
-
surtax
-
-
-
-
withholding
5 112
11 243
-
-
total
11 982
26 352
-
-
Income
122 000
122 000
122 000
122 000
Total tax
54 948
60 512
52 653
52 916
After tax
67 052
61 488
69 347
69 084
Living cost
39 096
39 096
39 096
39 096
Free-cash
27 956
22 392
30 251
29 988

Estimated living cost  is ₽39096 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
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.
₽8902
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
₽70230
₽58391
₽58391
₽74197
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.

-
-
-
122 000
pensions
-
-
-
15 497
unemployment
-
-
-
894
income
-
-
-
27 131
health
-
-
-
6 139
total
-
-
-
49 661
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

21 032
-
111 331
-
health
1 083
-
3 070
-
unemployment
158
-
447
-
pensions
2 944
-
8 344
-
income
2 899
-
27 131
-
total
7 084
-
38 992
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

21 032
-
111 331
-
health
1 083
-
3 070
-
pensions
2 524
-
7 152
-
unemployment
158
-
447
-
total
3 765
-
10 669
-
Corporate
97 203
122 000
-
-
income
14 580
18 300
-
-
total
14 580
18 300
-
-
Dividends
82 623
103 700
-
-
withholding
12 393
15 555
-
-
total
12 393
15 555
-
-
Income
122 000
122 000
122 000
122 000
Total tax
37 822
33 855
49 661
49 661
After tax
84 178
88 145
72 339
72 339
Living cost
13 948
13 948
13 948
13 948
Free-cash
70 230
74 197
58 391
58 391

Estimated living cost  is ₽13948 per week

₽9391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽3074
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
₽23550
₽37028
₽42841
-₽561
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
-
-
-
122 000
pensions
-
-
-
11 223
city
-
-
-
1 287
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.

-
-
-
2 440
health
-
-
-
275
regional
-
-
-
5 812
national
-
-
-
1 773
total
-
-
-
22 810
Employee
65 943
-
109 196
-
health
149
-
246
-
unemployment
-
-
-
-
city
708
-
1 174
-
pensions
5 540
-
9 173
-
regional
2 159
-
5 029
-
national
312
-
1 398
-
total
8 868
-
17 020
-
Employer
65 943
-
109 196
-
health
149
-
246
-
pensions
5 540
-
9 173
-
unemployment
-
-
-
-
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.

1 318
-
2 184
-
total
7 007
-
11 603
-
Corporate
48 325
122 000
-
-
regional
10 220
25 803
-
-
national
4 107
10 370
-
-
total
14 327
36 173
-
-
Dividends
33 997
85 828
-
-
withholding
11 899
30 039
-
-
total
11 899
30 039
-
-
Income
122 000
122 000
122 000
122 000
Total tax
42 101
66 212
28 623
22 810
After tax
79 899
55 788
93 377
99 190
Living cost
56 349
56 349
56 349
56 349
Free-cash
23 550
-561
37 028
42 841

Estimated living cost  is ₽56349 per week

₽36643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
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.
₽13957
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
₽48190
₽34229
₽50603
₽46648
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

-
-
-
122 000
municipal
-
-
-
21 682
health
-
-
-
1 541
national
-
-
-
17 096
total
-
-
-
40 319
Employee
42 588
-
102 634
-
health
318
-
1 243
-
unemployment
639
-
1 539
-
pensions
2 874
-
6 928
-
national
704
-
10 889
-
municipal
6 975
-
16 727
-
total
11 510
-
37 326
-
Employer
42 588
-
102 634
-
health
327
-
790
-
pensions
7 389
-
17 807
-
accident
43
-
103
-
unemployment
277
-
667
-
total
8 036
-
19 367
-
Corporate
71 377
122 000
-
-
income
14 275
24 400
-
-
total
14 275
24 400
-
-
Dividends

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

42 826
73 200
-
-
municipal
7 708
13 177
-
-
national
1 203
6 697
-
-
total
8 911
19 874
-
-
Income
122 000
122 000
122 000
122 000
Total tax
42 732
44 274
56 693
40 319
After tax
79 268
77 726
65 307
81 681
Living cost
31 078
31 078
31 078
31 078
Free-cash
48 190
46 648
34 229
50 603

Estimated living cost  is ₽31078 per week

₽20300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
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.
₽7295
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
₽26619
₽14588
₽23741
₽38759
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
-
-
-
122 000
communal

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

-
-
-
6 177
social contributions
-
-
-
19 053
national
-
-
-
43 515
total
-
-
-
68 745
Employee

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

57 902
-
94 491
-
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.

2 720
-
4 441
-
communal

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

3 020
-
4 928
-
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.

504
-
822
-
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.

4 343
-
7 086
-
national
17 801
-
33 112
-
total
28 388
-
50 389
-
Employer

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

57 902
-
94 491
-
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.

3 561
-
5 813
-
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.

5 131
-
8 372
-
surtax
6 565
-
10 716
-
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.

753
-
1 229
-
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.

845
-
1 379
-
total
16 855
-
27 509
-
Corporate
47 244
122 000
-
-
income
9 449
24 400
-
-
surtax
189
488
-
-
total
9 638
24 888
-
-
Dividends
37 607
97 112
-
-
withholding

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

10 986
28 839
-
-
total
10 986
28 839
-
-
Income
122 000
122 000
122 000
122 000
Total tax
65 867
53 727
77 898
68 745
After tax
56 133
68 273
44 102
53 255
Living cost
29 514
29 514
29 514
29 514
Free-cash
26 619
38 759
14 588
23 741

Estimated living cost  is ₽29514 per week

₽19011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽7461
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
₽30921
₽28698
₽29638
₽31705
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
-
-
-
122 000
unemployment
-
-
-
77
municipal
-
-
-
29 771
other
-
-
-
8 890
health
-
-
-
4 774
national
-
-
-
5 520
accident
-
-
-
153
pensions
-
-
-
8 270
total
-
-
-
57 455
Employee
49 740
-
97 962
-
national
-
-
5 145
-
municipal
14 832
-
29 212
-
total
14 832
-
34 357
-
Employer
49 740
-
97 962
-
health
3 059
-
4 705
-
pensions
5 377
-
8 270
-
accident
100
-
153
-
unemployment
1 313
-
2 020
-
other
5 780
-
8 890
-
total
15 629
-
24 038
-
Corporate
56 632
122 000
-
-
income
12 459
26 840
-
-
total
12 459
26 840
-
-
Dividends
44 173
95 160
-
-
withholding
13 252
28 548
-
-
total
13 252
28 548
-
-
Income
122 000
122 000
122 000
122 000
Total tax
56 172
55 388
58 395
57 455
After tax
65 828
66 612
63 605
64 545
Living cost
34 908
34 908
34 908
34 908
Free-cash
30 921
31 705
28 698
29 638

Estimated living cost  is ₽34908 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽7817
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
-₽10587
₽71933
₽45943
₽35856
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
-
-
-
122 000
income
-
-
-
23 780
social contributions
-
-
-
13 908
total
-
-
-
37 688
Employee
55 015
-
-
-
income
12 135
-
-
-
social contributions
4 511
-
643
-
total
16 646
-
643
-
Employer
55 015
-
-
-
social contributions
77 572
-
11 055
-
total
77 572
-
11 055
-
Corporate
-
122 000
-
-
income
-
26 840
-
-
total
-
26 840
-
-
Dividends
-
95 160
-
-
income
-
20 935
-
-
total
-
20 935
-
-
Income
122 000
122 000
122 000
122 000
Total tax
94 218
47 775
11 698
37 688
After tax
27 782
74 225
110 302
84 312
Living cost
38 369
38 369
38 369
38 369
Free-cash
-10 587
35 856
71 933
45 943

Estimated living cost  is ₽38369 per week

₽24895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽9376
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
₽59455
₽57033
₽58162
₽62813
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
-
-
-
122 000
income
-
-
-
21 375
health
-
-
-
3 111
social contributions
-
-
-
13 097
total
-
-
-
37 583
Employee
62 244
62 244
112 943
-
health
619
1 058
1 920
-
income
6 536
5 762
20 767
-
social contributions
3 025
5 166
6 968
-
total
10 180
11 986
29 655
-
Employer
62 244
62 244
112 943
-
health
674
1 152
2 089
-
social contributions
3 025
5 166
6 968
-
total
3 699
6 318
9 057
-
Corporate
81 866
53 438
-
-
income
10 234
6 679
-
-
total
10 234
6 679
-
-
Dividends
71 633
46 759
-
-
withholding
12 177
7 949
-
-
total
12 177
7 949
-
-
Income
122 000
122 000
122 000
122 000
Total tax
36 290
32 932
38 712
37 583
After tax
85 710
89 068
83 288
84 417
Living cost
26 255
26 255
26 255
26 255
Free-cash
59 455
62 813
57 033
58 162

Estimated living cost  is ₽26255 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5816
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
₽57179
₽41983
₽53109
₽52567
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
-
-
-
122 000
income
-
-
-
33 252
pensions
-
-
-
6 705
total
-
-
-
39 957
Employee
39 716
-
106 715
-
health
518
-
1 606
-
pensions
3 031
-
8 357
-
income
7 233
-
25 834
-
total
10 782
-
35 797
-
Employer
39 716
-
106 715
-
health
755
-
2 028
-
pensions
4 013
-
13 258
-
total
4 768
-
15 286
-
Corporate
77 516
122 000
-
-
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.

14 728
23 180
-
-
total
14 728
23 180
-
-
Dividends
62 788
98 820
-
-
withholding
5 609
17 319
-
-
total
5 609
17 319
-
-
Income
122 000
122 000
122 000
122 000
Total tax
35 887
40 499
51 083
39 957
After tax
86 113
81 501
70 917
82 043
Living cost
28 934
28 934
28 934
28 934
Free-cash
57 179
52 567
41 983
53 109

Estimated living cost  is ₽28934 per week

₽19849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
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.
₽6061
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
₽28332
₽20381
₽25819
₽32015
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
-
-
-
122 000
municipal
-
-
-
816
regional
-
-
-
2 772
social contributions
-
-
-
31 378
national
-
-
-
28 968
total
-
-
-
63 934
Employee
68 211
-
122 000
-
social contributions
23 000
-
41 139
-
regional
1 030
-
2 431
-
national
11 527
-
25 074
-
municipal
407
-
728
-
total
35 964
-
69 372
-
Employer
68 211
-
122 000
-
total
-
-
-
-
Corporate
53 789
122 000
-
-
nationa
12 910
29 280
-
-
municipal
2 593
5 880
-
-
total
15 503
35 160
-
-
Dividends
38 287
86 840
-
-
withholding
9 954
22 578
-
-
total
9 954
22 578
-
-
Income
122 000
122 000
122 000
122 000
Total tax
61 421
57 738
69 372
63 934
After tax
60 579
64 262
52 628
58 066
Living cost
32 247
32 247
32 247
32 247
Free-cash
28 332
32 015
20 381
25 819

Estimated living cost  is ₽32247 per week

₽22652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽6889
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
₽7254
₽48592
₽66313
-₽7259
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
-
-
-
122 000
pensions
-
-
-
3 242
income
-
-
-
33 119
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
38 546
Employee
26 964
-
108 928
-
health
3 087
-
12 472
-
pensions
3 036
-
5 944
-
income
3 699
-
24 779
-
total
9 822
-
43 195
-
Employer
26 964
-
108 928
-
pensions
4 384
-
8 584
-
accident
450
-
1 819
-
unemployment
661
-
2 669
-
total
5 495
-
13 072
-
Corporate
89 541
122 000
-
-
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.

80 587
109 800
-
-
total
80 587
109 800
-
-
Dividends
8 954
12 200
-
-
withholding
1 701
2 318
-
-
total
1 701
2 318
-
-
Income
122 000
122 000
122 000
122 000
Total tax
97 605
112 118
56 267
38 546
After tax
24 395
9 882
65 733
83 454
Living cost
17 141
17 141
17 141
17 141
Free-cash
7 254
-7 259
48 592
66 313

Estimated living cost  is ₽17141 per week

₽12563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
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.
₽3271
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
₽42160
₽47841
₽35735
₽31570
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.

-
-
-
122 000
trade
-
-
-
12 106
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.

-
-
-
35 429
health

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

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

-
-
-
5 530
surtax

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

-
-
-
1 949
total
-
-
-
55 014
Employee

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

40 276
-
122 000
-
health

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

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

5 530
-
5 530
-
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.

3 312
-
35 429
-
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.

183
-
1 949
-
total
9 025
-
42 908
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 724
122 000
-
-
income
12 258
18 300
-
-
trade
11 727
17 507
-
-
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.

674
1 006
-
-
chamber of commerce
243
301
-
-
total
24 902
37 114
-
-
Dividends
56 822
84 886
-
-
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.

765
1 151
-
-
withholding
13 897
20 914
-
-
total
14 662
22 065
-
-
Income
122 000
122 000
122 000
122 000
Total tax
48 589
59 179
42 908
55 014
After tax
73 411
62 821
79 092
66 986
Living cost
31 251
31 251
31 251
31 251
Free-cash
42 160
31 570
47 841
35 735

Estimated living cost  is ₽31251 per week

₽21558
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.
₽453
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.
₽5877
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
₽74121
₽57375
₽23032
₽80760
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.

-
-
-
122 000
income
-
-
-
20 005
microenterprise
-
-
-
-
social contributions

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

-
-
-
31 014
surtax
-
-
-
31 109
total
-
-
-
82 128
Employee
23 653
-
87 663
-
income
4 210
-
17 023
-
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.

2 602
-
9 644
-
surtax
-
-
-
-
total
6 812
-
26 667
-
Employer
23 653
-
87 663
-
social contributions

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

5 697
-
21 118
-
surtax
-
-
-
-
total
5 697
-
21 118
-
Corporate
92 650
122 000
-
-
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%.

18 530
24 400
-
-
total
18 530
24 400
-
-
Dividends

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

74 119
97 600
-
-
total
-
-
-
-
Income
122 000
122 000
122 000
122 000
Total tax
31 039
24 400
47 785
82 128
After tax
90 961
97 600
74 215
39 872
Living cost
16 840
16 840
16 840
16 840
Free-cash
74 121
80 760
57 375
23 032

Estimated living cost  is ₽16840 per week

₽10744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
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.
₽4111
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
₽64557
₽62815
₽63525
₽66189
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
-
-
-
122 000
income
-
-
-
36 030
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
48 536
Employee
15 139
-
113 844
-
health
757
-
1 813
-
unemployment
151
-
363
-
pensions
1 362
-
3 263
-
income
2 929
-
35 650
-
total
5 199
-
41 089
-
Employer
15 139
-
113 844
-
health
1 438
-
3 444
-
pensions
1 665
-
3 988
-
unemployment
303
-
725
-
total
3 406
-
8 157
-
Corporate
103 455
122 000
-
-
income
22 760
26 840
-
-
total
22 760
26 840
-
-
Dividends
80 695
95 160
-
-
withholding
16 139
19 032
-
-
total
16 139
19 032
-
-
Income
122 000
122 000
122 000
122 000
Total tax
47 504
45 872
49 246
48 536
After tax
74 496
76 128
72 754
73 464
Living cost
9 939
9 939
9 939
9 939
Free-cash
64 557
66 189
62 815
63 525

Estimated living cost  is ₽9939 per week

₽5907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
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.
₽2999
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
₽55981
₽35883
₽39713
₽58555
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
-
-
-
122 000
pensions
-
-
-
21 607
unemployment
-
-
-
184
income
-
-
-
30 275
other
-
-
-
-
health
-
-
-
7 670
surtax
-
-
-
4 369
total
-
-
-
64 105
Employee
27 260
-
100 785
-
health
696
-
2 570
-
unemployment
1 897
-
7 014
-
pensions
1 819
-
6 722
-
income
4 570
-
26 649
-
other
-
-
-
-
surtax
97
-
3 765
-
total
9 079
-
46 720
-
Employer
27 260
-
100 785
-
health
1 240
-
4 585
-
pensions
3 634
-
13 435
-
unemployment
865
-
3 195
-
other
-
-
-
-
total
5 739
-
21 215
-
Corporate
89 001
122 000
-
-
income
23 140
31 721
-
-
total
23 140
31 721
-
-
Dividends
65 861
90 279
-
-
withholding
9 879
13 542
-
-
total
9 879
13 542
-
-
Income
122 000
122 000
122 000
122 000
Total tax
47 837
45 263
67 935
64 105
After tax
74 163
76 737
54 065
57 895
Living cost
18 182
18 182
18 182
18 182
Free-cash
55 981
58 555
35 883
39 713

Estimated living cost  is ₽18182 per week

₽10977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
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.
₽5203
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
₽41561
₽5961
₽36893
₽41959
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
-
-
-
122 000
pensions
-
-
-
17 495
chamber of commerce
-
-
-