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
₽40404
₽44609
₽57647
₽53473
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
-
-
-
29 001
accident
-
-
-
731
unemployment
-
-
-
568
pensions
-
-
-
22 950
other
-
-
-
81
total
-
-
-
53 331
Employee
32 352
-
96 146
-
other
32
-
81
-
income
6 237
-
26 532
-
unemployment
501
-
1 257
-
pensions
1 521
-
3 812
-
total
8 291
-
31 682
-
Employer
32 352
-
96 146
-
unemployment
1 780
-
4 460
-
pensions
7 634
-
19 139
-
other
259
-
649
-
accident
641
-
1 606
-
total
10 314
-
25 854
-
Corporate
79 334
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.

11 900
18 301
-
-
total
11 900
18 301
-
-
Dividends
67 434
103 699
-
-
withholding
13 962
21 992
-
-
total
13 962
21 992
-
-
Income
122 000
122 000
122 000
122 000
Total tax
44 467
40 293
57 536
53 331
After tax
77 533
81 707
64 464
68 669
Living cost
24 060
24 060
24 060
24 060
Free-cash
53 473
57 647
40 404
44 609

Estimated living cost  is ₽24060 per week

₽16240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2313
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.
₽5086
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
₽46599
₽41555
₽66321
₽60410
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
-
-
-
16 687
health
-
-
-
5 368
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.

-
-
-
29 281
other
-
-
-
5 795
total
-
-
-
57 131
Employee
31 768
-
97 441
-
income
5 469
-
18 369
-
health
445
-
1 365
-
unemployment
317
-
975
-
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.

2 223
-
6 821
-
total
8 454
-
27 530
-
Employer
31 768
-
97 441
-
unemployment
317
-
975
-
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.

5 401
-
16 565
-
other
1 589
-
4 873
-
accident
254
-
779
-
health
445
-
1 365
-
total
8 006
-
24 557
-
Corporate
82 225
122 000
-
-
income
17 268
25 619
-
-
total
17 268
25 619
-
-
Dividends
64 958
96 381
-
-
withholding
4 548
6 746
-
-
total
4 548
6 746
-
-
Income
122 000
122 000
122 000
122 000
Total tax
38 276
32 365
52 087
57 131
After tax
83 724
89 635
69 913
64 869
Living cost
23 314
23 314
23 314
23 314
Free-cash
60 410
66 321
46 599
41 555

Estimated living cost  is ₽23314 per week

₽16473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4891
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
₽88485
₽84049
₽92827
₽88761
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
-
-
-
3 518
unemployment
-
-
-
122
pensions

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

-
-
-
4 528
total
-
-
-
26 468
Employee
15 205
-
115 998
-
income
1 520
-
11 599
-
health
699
-
1 407
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
pensions

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

1 335
-
2 686
-
total
3 721
-
16 029
-
Employer
15 205
-
115 998
-
unemployment
91
-
184
-
pensions

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

1 676
-
3 371
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
health
1 049
-
2 111
-
total
2 983
-
6 003
-
Corporate
103 812
122 000
-
-
income
10 381
12 200
-
-
total
10 381
12 200
-
-
Dividends
93 431
109 800
-
-
withholding
4 671
5 490
-
-
total
4 671
5 490
-
-
Income
122 000
122 000
122 000
122 000
Total tax
21 756
17 690
22 032
26 468
After tax
100 244
104 310
99 968
95 532
Living cost
11 483
11 483
11 483
11 483
Free-cash
88 761
92 827
88 485
84 049

Estimated living cost  is ₽11483 per week

₽6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽3655
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
₽40707
₽39334
₽31552
₽36718
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
-
-
-
16 499
social contributions
-
-
-
3 477
health
-
-
-
4 158
surtax
-
-
-
-
pensions
-
-
-
24 815
other
-
-
-
3 782
total
-
-
-
52 731
Employee
37 446
-
96 329
-
income
2 210
-
17 035
-
social contributions
1 068
-
2 745
-
surtax
-
-
-
-
pensions
4 234
-
5 906
-
total
7 512
-
25 686
-
Employer
37 446
-
96 329
-
unemployment
1 516
-
3 902
-
social contributions
113
-
289
-
pensions
6 152
-
10 084
-
other
1 292
-
3 421
-
health
2 622
-
7 976
-
total
11 695
-
25 672
-
Corporate
72 860
122 000
-
-
income
20 401
34 160
-
-
surtax
-
-
-
-
total
20 401
34 160
-
-
Dividends
52 459
87 840
-
-
withholding
6 715
11 244
-
-
surtax
-
-
-
-
social contributions
9 024
15 109
-
-
total
15 739
26 353
-
-
Income
122 000
122 000
122 000
122 000
Total tax
55 347
60 513
51 358
52 731
After tax
66 653
61 487
70 642
69 269
Living cost
29 935
29 935
29 935
29 935
Free-cash
36 718
31 552
40 707
39 334

Estimated living cost  is ₽29935 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽8118
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
₽35817
₽32937
₽23269
₽17910
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
-
-
-
31 370
health
-
-
-
10 789
pensions
-
-
-
10 251
total
-
-
-
52 410
Employee
74 717
74 717
105 740
-
income

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

12 230
12 230
12 230
-
health
11 468
9 755
10 789
-
pensions
13 449
10 251
10 251
-
total
37 147
32 236
33 270
-
Employer
74 717
74 717
105 740
-
unemployment
2 690
2 690
3 342
-
pensions
5 200
5 200
6 464
-
health
5 194
5 194
6 454
-
total
13 084
13 084
16 260
-
Corporate
35 116
34 200
-
-
income
7 023
6 841
-
-
total
7 023
6 841
-
-
Dividends
28 093
27 359
-
-
withholding
4 214
4 104
-
-
income
5 969
5 813
-
-
total
10 183
9 917
-
-
Income
122 000
122 000
122 000
122 000
Total tax
67 437
62 078
49 530
52 410
After tax
54 563
59 922
72 470
69 590
Living cost
36 653
36 653
36 653
36 653
Free-cash
17 910
23 269
35 817
32 937

Estimated living cost  is ₽36653 per week

₽25975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
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.
₽6791
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
₽53494
₽40686
₽35083
₽44761
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
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.

-
-
-
34 150
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.

-
-
-
5 977
trade
-
-
-
12 808
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.

-
-
-
1 878
total
-
-
-
54 813
Employee

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

33 465
-
122 000
-
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.

935
-
34 150
-
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.

5 977
-
5 977
-
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.

51
-
1 878
-
total
6 963
-
42 005
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 535
122 000
-
-
chamber of commerce
261
309
-
-
income
13 280
18 301
-
-
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.

731
1 006
-
-
trade
13 944
19 215
-
-
total
28 216
38 831
-
-
Dividends
60 320
83 169
-
-
withholding
14 747
20 459
-
-
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.

812
1 126
-
-
total
15 559
21 585
-
-
Income
122 000
122 000
122 000
122 000
Total tax
50 738
60 416
42 005
54 813
After tax
71 262
61 584
79 995
67 187
Living cost
26 501
26 501
26 501
26 501
Free-cash
44 761
35 083
53 494
40 686

Estimated living cost  is ₽26501 per week

₽16670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
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.
₽6246
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
₽63578
₽64738
₽68848
₽64085
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
-
-
-
19 737
social contributions
-
-
-
14 156
health
-
-
-
3 112
total
-
-
-
37 005
Employee
67 279
67 279
112 390
-
income
7 326
6 228
19 113
-
social contributions
2 544
5 584
7 531
-
health
521
1 144
1 911
-
total
10 391
12 956
28 555
-
Employer
67 279
67 279
112 390
-
social contributions
2 544
5 584
7 531
-
health
566
1 245
2 079
-
total
3 110
6 829
9 610
-
Corporate
88 242
47 892
-
-
income
11 030
5 987
-
-
total
11 030
5 987
-
-
Dividends
77 212
41 905
-
-
withholding
13 127
7 123
-
-
total
13 127
7 123
-
-
Income
122 000
122 000
122 000
122 000
Total tax
37 658
32 895
38 165
37 005
After tax
84 342
89 105
83 835
84 995
Living cost
20 257
20 257
20 257
20 257
Free-cash
64 085
68 848
63 578
64 738

Estimated living cost  is ₽20257 per week

₽12141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
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.
₽5682
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
₽30703
₽38987
₽41951
₽41069
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
-
-
-
13 175
social contributions

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

-
-
-
42 394
surtax
-
-
-
-
total
-
-
-
55 569
Employee
40 241
-
98 585
-
income
8 370
-
29 594
-
social contributions
4 427
-
10 844
-
surtax
-
-
-
-
total
12 797
-
40 438
-
Employer
40 241
-
98 585
-
social contributions
9 557
-
23 415
-
total
9 557
-
23 415
-
Corporate
72 202
122 000
-
-
income
15 162
25 619
-
-
surtax
-
-
-
-
total
15 162
25 619
-
-
Dividends
57 040
96 381
-
-
withholding
15 971
26 986
-
-
total
15 971
26 986
-
-
Income
122 000
122 000
122 000
122 000
Total tax
53 487
52 605
63 853
55 569
After tax
68 513
69 395
58 147
66 431
Living cost
27 444
27 444
27 444
27 444
Free-cash
41 069
41 951
30 703
38 987

Estimated living cost  is ₽27444 per week

₽20534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
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.
₽4833
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
₽91313
₽114493
₽109613
₽108435
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
7 858
-
122 000
-
income
1 571
-
24 400
-
total
1 571
-
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%.

114 142
122 000
-
-
total
-
-
-
-
Dividends
114 142
122 000
-
-
withholding
5 707
6 100
-
-
total
5 707
6 100
-
-
Income
122 000
122 000
122 000
122 000
Total tax
7 278
6 100
24 400
1 220
After tax
114 722
115 900
97 600
120 780
Living cost
6 287
6 287
6 287
6 287
Free-cash
108 435
109 613
91 313
114 493

Estimated living cost  is ₽6287 per week

₽3896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
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.
₽1695
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
₽34513
₽37749
₽60530
₽53210
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
income
-
-
-
26 316
health
-
-
-
12 004
unemployment
-
-
-
183
pensions
-
-
-
22 280
total
-
-
-
60 783
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.

38 690
-
105 562
-
income
6 672
-
24 249
-
health
2 499
-
6 821
-
unemployment
55
-
148
-
pensions
5 997
-
16 363
-
total
15 223
-
47 581
-
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.

38 690
-
105 562
-
unemployment
23
-
63
-
pensions
3 424
-
9 343
-
health
2 577
-
7 032
-
total
6 024
-
16 438
-
Corporate
77 286
122 000
-
-
income
14 684
23 180
-
-
total
14 684
23 180
-
-
Dividends
62 602
98 820
-
-
withholding
9 391
14 822
-
-
total
9 391
14 822
-
-
Income
122 000
122 000
122 000
122 000
Total tax
45 322
38 002
64 019
60 783
After tax
76 678
83 998
57 981
61 217
Living cost
23 468
23 468
23 468
23 468
Free-cash
53 210
60 530
34 513
37 749

Estimated living cost  is ₽23468 per week

₽16106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽5404
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
₽56943
₽59623
₽42917
₽45975
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
-
-
-
24 906
health

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

-
-
-
5 710
total
-
-
-
30 616
Employee
40 137
-
117 975
-
social contributions
4 021
-
4 025
-
income
4 355
-
25 246
-
total
8 376
-
29 271
-
Employer
40 137
-
117 975
-
social contributions
4 021
-
4 025
-
total
4 021
-
4 025
-
Corporate
77 841
122 000
-
-
income
27 245
42 700
-
-
total
27 245
42 700
-
-
Dividends
50 596
79 300
-
-
social contributions
4 622
4 622
-
-
total
4 622
4 622
-
-
Income
122 000
122 000
122 000
122 000
Total tax
44 264
47 322
33 296
30 616
After tax
77 736
74 678
88 704
91 384
Living cost
31 761
31 761
31 761
31 761
Free-cash
45 975
42 917
56 943
59 623

Estimated living cost  is ₽31761 per week

₽20921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽7849
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
₽58222
₽59794
₽55878
₽56334
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
-
-
-
18 301
social contributions
-
-
-
16 836
health
-
-
-
8 516
total
-
-
-
43 653
Employee
29 666
-
122 000
-
income
4 948
-
19 873
-
social contributions
4 094
-
16 836
-
health
2 070
-
8 516
-
total
11 112
-
45 225
-
Employer
29 666
-
122 000
-
total
-
-
-
-
Corporate
92 334
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%.

4 617
6 100
-
-
total
4 617
6 100
-
-
Dividends
87 717
115 900
-
-
withholding
13 157
17 386
-
-
health
6 123
8 089
-
-
social contributions
12 104
15 994
-
-
total
31 384
41 469
-
-
Income
122 000
122 000
122 000
122 000
Total tax
47 113
47 569
45 225
43 653
After tax
74 887
74 431
76 775
78 347
Living cost
18 553
18 553
18 553
18 553
Free-cash
56 334
55 878
58 222
59 794

Estimated living cost  is ₽18553 per week

₽12416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
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.
₽4564
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
₽38182
₽42419
₽60268
₽51802
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
-
-
-
11 673
social contributions
-
-
-
27 709
solidarity contribution
-
-
-
-
health
-
-
-
16 470
total
-
-
-
55 852
Employee
34 896
-
91 045
-
solidarity contribution
-
-
-
-
income
4 187
-
10 925
-
social contributions
2 268
-
5 918
-
health
4 711
-
12 291
-
total
11 166
-
29 134
-
Employer
34 896
-
91 045
-
social contributions
8 724
-
22 761
-
health
3 141
-
8 194
-
total
11 865
-
30 955
-
Corporate
75 240
122 000
-
-
income
14 296
23 180
-
-
total
14 296
23 180
-
-
Dividends
60 944
98 820
-
-
withholding
9 142
14 823
-
-
total
9 142
14 823
-
-
Income
122 000
122 000
122 000
122 000
Total tax
46 469
38 003
60 089
55 852
After tax
75 531
83 997
61 911
66 148
Living cost
23 729
23 729
23 729
23 729
Free-cash
51 802
60 268
38 182
42 419

Estimated living cost  is ₽23729 per week

₽17646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
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.
₽4358
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
₽87803
₽110983
₽106103
₽104266
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
12 247
-
122 000
-
income
2 449
-
24 400
-
total
2 449
-
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%.

109 753
122 000
-
-
total
-
-
-
-
Dividends
109 753
122 000
-
-
withholding
5 488
6 100
-
-
total
5 488
6 100
-
-
Income
122 000
122 000
122 000
122 000
Total tax
7 937
6 100
24 400
1 220
After tax
114 063
115 900
97 600
120 780
Living cost
9 797
9 797
9 797
9 797
Free-cash
104 266
106 103
87 803
110 983

Estimated living cost  is ₽9797 per week

₽6630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
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.
₽2427
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
₽28383
₽27010
₽19228
₽25245
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
-
-
-
16 499
social contributions
-
-
-
3 477
health
-
-
-
4 158
surtax
-
-
-
-
pensions
-
-
-
24 815
other
-
-
-
3 782
total
-
-
-
52 731
Employee
54 799
-
96 329
-
income
4 781
-
17 035
-
social contributions
1 561
-
2 745
-
surtax
-
-
-
-
pensions
6 198
-
5 906
-
total
12 540
-
25 686
-
Employer
54 799
-
96 329
-
unemployment
2 220
-
3 902
-
social contributions
164
-
289
-
pensions
9 004
-
10 084
-
other
1 891
-
3 421
-
health
3 835
-
7 976
-
total
17 114
-
25 672
-
Corporate
50 086
122 000
-
-
income
14 023
34 160
-
-
surtax
-
-
-
-
total
14 023
34 160
-
-
Dividends
36 062
87 840
-
-
withholding
4 616
11 244
-
-
surtax
-
-
-
-
social contributions
6 203
15 109
-
-
total
10 819
26 353
-
-
Income
122 000
122 000
122 000
122 000
Total tax
54 496
60 513
51 358
52 731
After tax
67 504
61 487
70 642
69 269
Living cost
42 259
42 259
42 259
42 259
Free-cash
25 245
19 228
28 383
27 010

Estimated living cost  is ₽42259 per week

₽28600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽9622
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
₽55680
₽55681
₽73056
₽68762
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
income
-
-
-
26 855
health
-
-
-
6 642
unemployment
-
-
-
967
pensions
-
-
-
16 766
total
-
-
-
51 230
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.

22 754
-
110 458
-
income
3 136
-
26 855
-
health
1 172
-
3 321
-
unemployment
171
-
484
-
pensions
3 186
-
9 028
-
total
7 665
-
39 688
-
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.

22 754
-
110 458
-
unemployment
171
-
484
-
pensions
2 730
-
7 738
-
health
1 172
-
3 321
-
total
4 073
-
11 543
-
Corporate
95 173
122 000
-
-
income
14 276
18 300
-
-
total
14 276
18 300
-
-
Dividends
80 897
103 700
-
-
withholding
12 135
15 555
-
-
total
12 135
15 555
-
-
Income
122 000
122 000
122 000
122 000
Total tax
38 149
33 855
51 231
51 230
After tax
83 851
88 145
70 769
70 770
Living cost
15 089
15 089
15 089
15 089
Free-cash
68 762
73 056
55 680
55 681

Estimated living cost  is ₽15089 per week

₽10160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽3326
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
₽32684
₽38612
-₽5277
₽20848
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
regional
-
-
-
5 549
national
-
-
-
1 551
health
-
-
-
274
city
-
-
-
1 286
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
pensions
-
-
-
11 223
total
-
-
-
22 323
Employee
71 462
-
109 197
-
regional
2 340
-
4 790
-
city
767
-
1 173
-
health
162
-
246
-
unemployment
-
-
-
-
national
338
-
1 269
-
pensions
6 004
-
9 172
-
total
9 611
-
16 650
-
Employer
71 462
-
109 197
-
unemployment
-
-
-
-
pensions
6 004
-
9 172
-
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.

1 429
-
2 183
-
health
162
-
246
-
total
7 595
-
11 601
-
Corporate
42 158
122 000
-
-
regional
8 916
25 803
-
-
national
3 584
10 370
-
-
total
12 500
36 173
-
-
Dividends
29 658
85 827
-
-
withholding
10 381
30 039
-
-
total
10 381
30 039
-
-
Income
122 000
122 000
122 000
122 000
Total tax
40 087
66 212
28 251
22 323
After tax
81 913
55 788
93 749
99 677
Living cost
61 065
61 065
61 065
61 065
Free-cash
20 848
-5 277
32 684
38 612

Estimated living cost  is ₽61065 per week

₽39710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
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.
₽15125
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
₽32452
₽49178
₽44849
₽45891
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
-
-
-
21 688
national
-
-
-
16 029
health
-
-
-
1 514
total
-
-
-
39 231
Employee
46 033
-
102 632
-
health
344
-
1 215
-
unemployment
691
-
1 539
-
national
760
-
10 178
-
municipal
7 540
-
16 732
-
pensions
3 107
-
6 927
-
total
12 442
-
36 591
-
Employer
46 033
-
102 632
-
unemployment
299
-
667
-
pensions
7 986
-
17 806
-
accident
46
-
103
-
health
354
-
790
-
total
8 685
-
19 366
-
Corporate
67 282
122 000
-
-
income
13 456
24 401
-
-
total
13 456
24 401
-
-
Dividends

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

40 370
73 199
-
-
national
669
5 982
-
-
municipal
7 266
13 177
-
-
total
7 935
19 159
-
-
Income
122 000
122 000
122 000
122 000
Total tax
42 518
43 560
55 957
39 231
After tax
79 482
78 440
66 043
82 769
Living cost
33 591
33 591
33 591
33 591
Free-cash
45 891
44 849
32 452
49 178

Estimated living cost  is ₽33591 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽7885
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
₽12844
₽21935
₽36395
₽23273
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
national
-
-
-
42 799
social contributions
-
-
-
19 196
communal

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

-
-
-
6 168
total
-
-
-
68 163
Employee

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

62 585
-
94 493
-
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.

2 941
-
4 440
-
communal

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

3 264
-
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.

545
-
822
-
national
19 241
-
32 470
-
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.

4 694
-
7 086
-
total
30 685
-
49 746
-
Employer

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

62 585
-
94 493
-
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.

913
-
1 380
-
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.

5 546
-
8 372
-
surtax
7 096
-
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.

814
-
1 229
-
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.

3 849
-
5 811
-
total
18 218
-
27 508
-
Corporate
41 197
122 000
-
-
income
8 239
24 401
-
-
surtax
164
488
-
-
total
8 403
24 889
-
-
Dividends
32 794
97 111
-
-
withholding

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

9 519
28 814
-
-
total
9 519
28 814
-
-
Income
122 000
122 000
122 000
122 000
Total tax
66 825
53 703
77 254
68 163
After tax
55 175
68 297
44 746
53 837
Living cost
31 902
31 902
31 902
31 902
Free-cash
23 273
36 395
12 844
21 935

Estimated living cost  is ₽31902 per week

₽20549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽8064
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
₽27799
₽28763
₽30740
₽29936
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
-
-
-
29 589
national
-
-
-
4 999
health
-
-
-
4 906
accident
-
-
-
157
unemployment
-
-
-
79
pensions
-
-
-
8 499
other
-
-
-
9 136
total
-
-
-
57 365
Employee
51 114
-
97 298
-
national
-
-
4 613
-
municipal
15 242
-
29 014
-
total
15 242
-
33 627
-
Employer
51 114
-
97 298
-
unemployment
1 349
-
2 075
-
pensions
5 525
-
8 499
-
other
5 940
-
9 136
-
accident
102
-
157
-
health
3 143
-
4 835
-
total
16 059
-
24 702
-
Corporate
54 826
122 000
-
-
income
12 062
26 840
-
-
total
12 062
26 840
-
-
Dividends
42 764
95 160
-
-
withholding
12 829
28 548
-
-
total
12 829
28 548
-
-
Income
122 000
122 000
122 000
122 000
Total tax
56 192
55 388
58 329
57 365
After tax
65 808
66 612
63 671
64 635
Living cost
35 872
35 872
35 872
35 872
Free-cash
29 936
30 740
27 799
28 763

Estimated living cost  is ₽35872 per week

₽23774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽8033
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
₽70910
₽45159
₽35072
-₽13298
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
56 140
-
-
-
income
12 383
-
-
-
social contributions
4 604
-
656
-
total
16 987
-
656
-
Employer
56 140
-
-
-
social contributions
79 158
-
11 281
-
total
79 158
-
11 281
-
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
96 145
47 775
11 937
37 688
After tax
25 855
74 225
110 063
84 312
Living cost
39 153
39 153
39 153
39 153
Free-cash
-13 298
35 072
70 910
45 159

Estimated living cost  is ₽39153 per week

₽25404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3682
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.
₽9568
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
₽55456
₽56616
₽60726
₽57098
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
-
-
-
19 737
social contributions
-
-
-
14 156
health
-
-
-
3 112
total
-
-
-
37 005
Employee
67 279
67 279
112 390
-
income
7 065
6 228
19 113
-
social contributions
3 269
5 584
7 531
-
health
669
1 144
1 911
-
total
11 003
12 956
28 555
-
Employer
67 279
67 279
112 390
-
social contributions
3 269
5 584
7 531
-
health
729
1 245
2 079
-
total
3 998
6 829
9 610
-
Corporate
78 620
47 892
-
-
income
9 828
5 987
-
-
total
9 828
5 987
-
-
Dividends
68 792
41 905
-
-
withholding
11 694
7 123
-
-
total
11 694
7 123
-
-
Income
122 000
122 000
122 000
122 000
Total tax
36 523
32 895
38 165
37 005
After tax
85 477
89 105
83 835
84 995
Living cost
28 379
28 379
28 379
28 379
Free-cash
57 098
60 726
55 456
56 616

Estimated living cost  is ₽28379 per week

₽19400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽6286
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
₽40123
₽51323
₽51209
₽54881
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
-
-
-
31 854
pensions
-
-
-
7 113
total
-
-
-
38 967
Employee
43 526
-
106 835
-
income
7 926
-
24 387
-
health
568
-
1 659
-
pensions
3 322
-
8 957
-
total
11 816
-
35 003
-
Employer
43 526
-
106 835
-
pensions
4 398
-
13 134
-
health
827
-
2 030
-
total
5 225
-
15 164
-
Corporate
73 249
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.

13 918
23 180
-
-
total
13 918
23 180
-
-
Dividends
59 331
98 820
-
-
withholding
4 450
15 901
-
-
total
4 450
15 901
-
-
Income
122 000
122 000
122 000
122 000
Total tax
35 409
39 081
50 167
38 967
After tax
86 591
82 919
71 833
83 033
Living cost
31 710
31 710
31 710
31 710
Free-cash
54 881
51 209
40 123
51 323

Estimated living cost  is ₽31710 per week

₽21753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
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.
₽6642
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
₽18289
₽23870
₽29404
₽25426
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
-
-
-
815
regional
-
-
-
2 755
national
-
-
-
28 326
social contributions
-
-
-
31 378
total
-
-
-
63 274
Employee
73 728
-
122 000
-
regional
1 113
-
2 372
-
social contributions
24 861
-
41 139
-
national
12 459
-
24 617
-
municipal
440
-
727
-
total
38 873
-
68 855
-
Employer
73 728
-
122 000
-
total
-
-
-
-
Corporate
48 272
122 000
-
-
nationa
11 586
29 281
-
-
municipal
2 326
5 881
-
-
total
13 912
35 162
-
-
Dividends
34 360
86 838
-
-
withholding
8 933
22 578
-
-
total
8 933
22 578
-
-
Income
122 000
122 000
122 000
122 000
Total tax
61 718
57 740
68 855
63 274
After tax
60 282
64 260
53 145
58 726
Living cost
34 856
34 856
34 856
34 856
Free-cash
25 426
29 404
18 289
23 870

Estimated living cost  is ₽34856 per week

₽24484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽7447
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
₽47482
₽65472
-₽8126
₽7120
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
-
-
-
32 819
health
-
-
-
1 785
accident
-
-
-
207
pensions
-
-
-
3 406
other
-
-
-
303
total
-
-
-
38 520
Employee
28 328
-
108 511
-
income
3 886
-
24 353
-
health
3 244
-
12 424
-
pensions
3 190
-
6 245
-
total
10 320
-
43 022
-
Employer
28 328
-
108 511
-
unemployment
694
-
2 658
-
pensions
4 606
-
9 018
-
accident
473
-
1 812
-
total
5 773
-
13 488
-
Corporate
87 899
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.

79 109
109 800
-
-
total
79 109
109 800
-
-
Dividends
8 790
12 200
-
-
withholding
1 670
2 318
-
-
total
1 670
2 318
-
-
Income
122 000
122 000
122 000
122 000
Total tax
96 872
112 118
56 510
38 520
After tax
25 128
9 882
65 490
83 480
Living cost
18 008
18 008
18 008
18 008
Free-cash
7 120
-8 126
47 482
65 472

Estimated living cost  is ₽18008 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽3437
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
₽46216
₽34547
₽29060
₽40505
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
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.

-
-
-
34 150
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.

-
-
-
5 977
trade
-
-
-
11 669
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.

-
-
-
1 878
total
-
-
-
53 674
Employee

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

43 534
-
122 000
-
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.

3 580
-
34 150
-
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.

5 977
-
5 977
-
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.

198
-
1 878
-
total
9 755
-
42 005
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 466
122 000
-
-
chamber of commerce
247
312
-
-
income
11 770
18 301
-
-
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.

648
1 006
-
-
trade
11 261
17 507
-
-
total
23 926
37 126
-
-
Dividends
54 540
84 874
-
-
withholding
13 303
20 886
-
-
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.

732
1 149
-
-
total
14 035
22 035
-
-
Income
122 000
122 000
122 000
122 000
Total tax
47 716
59 161
42 005
53 674
After tax
74 284
62 839
79 995
68 326
Living cost
33 779
33 779
33 779
33 779
Free-cash
40 505
29 060
46 216
34 547

Estimated living cost  is ₽33779 per week

₽23302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽6353
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
₽50171
₽19811
₽79396
₽72220
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
microenterprise
-
-
-
-
income
-
-
-
19 353
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.

-
-
-
33 523
surtax
-
-
-
31 110
total
-
-
-
83 986
Employee
25 566
-
98 315
-
income
4 551
-
19 129
-
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.

2 813
-
10 814
-
surtax
-
-
-
-
total
7 364
-
29 943
-
Employer
25 566
-
98 315
-
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.

6 158
-
23 683
-
surtax
-
-
-
-
total
6 158
-
23 683
-
Corporate
90 275
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%.

18 055
24 401
-
-
total
18 055
24 401
-
-
Dividends

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

72 221
97 599
-
-
total
-
-
-
-
Income
122 000
122 000
122 000
122 000
Total tax
31 577
24 401
53 626
83 986
After tax
90 423
97 599
68 374
38 014
Living cost
18 203
18 203
18 203
18 203
Free-cash
72 220
79 396
50 171
19 811

Estimated living cost  is ₽18203 per week

₽11613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4443
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
₽60506
₽61312
₽64795
₽62934
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
-
-
-
35 096
health
-
-
-
5 993
pensions
-
-
-
8 266
total
-
-
-
49 355
Employee
17 261
-
112 700
-
income
3 339
-
34 662
-
health
863
-
2 067
-
unemployment
173
-
413
-
pensions
1 553
-
3 720
-
total
5 928
-
40 862
-
Employer
17 261
-
112 700
-
unemployment
345
-
827
-
pensions
1 899
-
4 546
-
health
1 640
-
3 926
-
total
3 884
-
9 299
-
Corporate
100 855
122 000
-
-
income
22 188
26 840
-
-
total
22 188
26 840
-
-
Dividends
78 667
95 160
-
-
withholding
15 733
19 032
-
-
total
15 733
19 032
-
-
Income
122 000
122 000
122 000
122 000
Total tax
47 733
45 872
50 161
49 355
After tax
74 267
76 128
71 839
72 645
Living cost
11 333
11 333
11 333
11 333
Free-cash
62 934
64 795
60 506
61 312

Estimated living cost  is ₽11333 per week

₽6735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
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.
₽3420
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
₽35541
₽38239
₽57086
₽54302
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
-
-
-
28 283
health
-
-
-
8 290
unemployment
-
-
-
199
surtax
-
-
-
3 982
pensions
-
-
-
23 355
other
-
-
-
-
total
-
-
-
64 109
Employee
29 465
-
100 785
-
other
-
-
-
-
income
4 940
-
25 727
-
health
752
-
2 570
-
unemployment
2 051
-
7 015
-
surtax
105
-
3 557
-
pensions
1 966
-
6 723
-
total
9 814
-
45 592
-
Employer
29 465
-
100 785
-
unemployment
935
-
3 195
-
pensions
3 928
-
13 434
-
other
-
-
-
-
health
1 340
-
4 586
-
total
6 203
-
21 215
-
Corporate
86 332
122 000
-
-
income
22 447
31 720
-
-
total
22 447
31 720
-
-
Dividends
63 885
90 280
-
-
withholding
9 582
13 542
-
-
total
9 582
13 542
-
-
Income
122 000
122 000
122 000
122 000
Total tax
48 046
45 262
66 807
64 109
After tax
73 954
76 738
55 193
57 891
Living cost
19 652
19 652
19 652
19 652
Free-cash
54 302
57 086
35 541
38 239

Estimated living cost  is ₽19652 per week

₽11865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5624
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
₽4687
₽34203
₽39990
₽39558
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
-
-
-
27 300
chamber of commerce
-
-
-