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
₽ 124000
per

Your estimated
City
free-cash

Valencia , Spain
₽43467
₽46970
₽60056
₽56222
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
-
-
-
124 000
income
-
-
-
31 033
accident
-
-
-
694
unemployment
-
-
-
540
pensions
-
-
-
21 815
other
-
-
-
77
total
-
-
-
54 159
Employee
30 753
-
99 424
-
other
30
-
77
-
income
5 929
-
28 191
-
unemployment
477
-
1 195
-
pensions
1 446
-
3 624
-
total
7 882
-
33 087
-
Employer
30 753
-
99 424
-
unemployment
1 692
-
4 239
-
pensions
7 257
-
18 193
-
other
246
-
617
-
accident
609
-
1 526
-
total
9 804
-
24 575
-
Corporate
83 443
124 000
-
-
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.

12 516
18 600
-
-
total
12 516
18 600
-
-
Dividends
70 927
105 400
-
-
withholding
14 705
22 473
-
-
total
14 705
22 473
-
-
Income
124 000
124 000
124 000
124 000
Total tax
44 907
41 073
57 662
54 159
After tax
79 093
82 927
66 338
69 841
Living cost
22 871
22 871
22 871
22 871
Free-cash
56 222
60 056
43 467
46 970

Estimated living cost  is ₽22871 per week

₽15437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4834
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
₽48655
₽43529
₽68941
₽63328
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
-
-
-
124 000
income
-
-
-
17 204
health
-
-
-
5 456
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.

-
-
-
29 760
other
-
-
-
5 890
total
-
-
-
58 310
Employee
30 198
-
99 039
-
income
5 199
-
18 913
-
health
423
-
1 387
-
unemployment
301
-
991
-
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.

2 113
-
6 933
-
total
8 036
-
28 224
-
Employer
30 198
-
99 039
-
unemployment
301
-
991
-
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.

5 134
-
16 837
-
other
1 510
-
4 953
-
accident
241
-
792
-
health
423
-
1 387
-
total
7 609
-
24 960
-
Corporate
86 191
124 000
-
-
income
18 100
26 040
-
-
total
18 100
26 040
-
-
Dividends
68 091
97 960
-
-
withholding
4 766
6 858
-
-
total
4 766
6 858
-
-
Income
124 000
124 000
124 000
124 000
Total tax
38 511
32 898
53 184
58 310
After tax
85 489
91 102
70 816
65 690
Living cost
22 161
22 161
22 161
22 161
Free-cash
63 328
68 941
48 655
43 529

Estimated living cost  is ₽22161 per week

₽15658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
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.
₽4650
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
₽91347
₽86728
₽95109
₽91244
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
-
-
-
124 000
income
-
-
-
18 600
health
-
-
-
3 343
unemployment
-
-
-
116
pensions

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

-
-
-
4 302
total
-
-
-
26 361
Employee
14 447
-
118 297
-
income
1 444
-
11 830
-
health
665
-
1 337
-
accident

We are using the highest rate at 1.1%.

159
-
320
-
pensions

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

1 268
-
2 552
-
total
3 536
-
16 039
-
Employer
14 447
-
118 297
-
unemployment
86
-
174
-
pensions

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

1 592
-
3 203
-
accident

We are using the highest rate at 1.1%.

159
-
320
-
health
997
-
2 006
-
total
2 834
-
5 703
-
Corporate
106 718
124 000
-
-
income
10 672
12 400
-
-
total
10 672
12 400
-
-
Dividends
96 046
111 600
-
-
withholding
4 803
5 580
-
-
total
4 803
5 580
-
-
Income
124 000
124 000
124 000
124 000
Total tax
21 845
17 980
21 742
26 361
After tax
102 155
106 020
102 258
97 639
Living cost
10 911
10 911
10 911
10 911
Free-cash
91 244
95 109
91 347
86 728

Estimated living cost  is ₽10911 per week

₽6370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽289
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.
₽3473
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
₽42204
₽41786
₽34040
₽38954
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
-
-
-
124 000
income
-
-
-
17 585
social contributions
-
-
-
3 534
health
-
-
-
4 541
surtax
-
-
-
-
pensions
-
-
-
24 254
other
-
-
-
3 845
total
-
-
-
53 759
Employee
35 595
-
97 339
-
income
2 101
-
17 708
-
social contributions
1 015
-
2 773
-
surtax
-
-
-
-
pensions
4 025
-
6 198
-
total
7 141
-
26 679
-
Employer
35 595
-
97 339
-
unemployment
1 441
-
3 943
-
social contributions
107
-
292
-
pensions
5 848
-
10 539
-
other
1 228
-
3 555
-
health
2 492
-
8 333
-
total
11 116
-
26 662
-
Corporate
77 289
124 000
-
-
income
21 640
34 720
-
-
surtax
-
-
-
-
total
21 640
34 720
-
-
Dividends
55 649
89 280
-
-
withholding
7 123
11 428
-
-
surtax
-
-
-
-
social contributions
9 571
15 357
-
-
total
16 694
26 785
-
-
Income
124 000
124 000
124 000
124 000
Total tax
56 591
61 505
53 341
53 759
After tax
67 409
62 495
70 659
70 241
Living cost
28 455
28 455
28 455
28 455
Free-cash
38 954
34 040
42 204
41 786

Estimated living cost  is ₽28455 per week

₽17942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7716
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
₽40190
₽35183
₽26216
₽21122
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
-
-
-
124 000
income
-
-
-
33 976
health
-
-
-
10 256
pensions
-
-
-
9 744
total
-
-
-
53 976
Employee
71 024
71 024
108 544
-
income

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

11 625
11 625
13 513
-
health
10 901
9 273
10 256
-
pensions
12 784
9 744
9 744
-
total
35 310
30 642
33 513
-
Employer
71 024
71 024
108 544
-
unemployment
2 557
2 557
3 177
-
pensions
4 943
4 943
6 144
-
health
4 937
4 937
6 135
-
total
12 437
12 437
15 456
-
Corporate
41 411
40 539
-
-
income
8 281
8 108
-
-
total
8 281
8 108
-
-
Dividends
33 129
32 432
-
-
withholding
4 970
4 864
-
-
income
7 039
6 892
-
-
total
12 009
11 756
-
-
Income
124 000
124 000
124 000
124 000
Total tax
68 037
62 943
48 969
53 976
After tax
55 963
61 057
75 031
70 024
Living cost
34 841
34 841
34 841
34 841
Free-cash
21 122
26 216
40 190
35 183

Estimated living cost  is ₽34841 per week

₽24691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
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.
₽6455
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
₽55321
₽41882
₽37386
₽46586
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.

-
-
-
124 000
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.

-
-
-
35 835
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.

-
-
-
5 682
trade
-
-
-
13 439
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.

-
-
-
1 971
total
-
-
-
56 927
Employee

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

31 811
-
124 000
-
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.

889
-
35 835
-
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.

5 682
-
5 682
-
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.

49
-
1 971
-
total
6 620
-
43 488
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 189
124 000
-
-
chamber of commerce
259
305
-
-
income
13 829
18 600
-
-
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.

761
1 023
-
-
trade
14 520
19 530
-
-
total
29 369
39 458
-
-
Dividends
62 820
84 542
-
-
withholding
15 388
20 819
-
-
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.

846
1 146
-
-
total
16 234
21 965
-
-
Income
124 000
124 000
124 000
124 000
Total tax
52 223
61 423
43 488
56 927
After tax
71 777
62 577
80 512
67 073
Living cost
25 191
25 191
25 191
25 191
Free-cash
46 586
37 386
55 321
41 882

Estimated living cost  is ₽25191 per week

₽15846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
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.
₽5938
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
₽65473
₽66625
₽71277
₽66752
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
-
-
-
124 000
income
-
-
-
21 501
social contributions
-
-
-
13 457
health
-
-
-
3 161
total
-
-
-
38 119
Employee
63 954
63 954
114 718
-
income
6 963
5 920
20 879
-
social contributions
2 418
5 308
7 159
-
health
496
1 087
1 951
-
total
9 877
12 315
29 989
-
Employer
63 954
63 954
114 718
-
social contributions
2 418
5 308
7 159
-
health
538
1 184
2 123
-
total
2 956
6 492
9 282
-
Corporate
91 911
53 555
-
-
income
11 488
6 694
-
-
total
11 488
6 694
-
-
Dividends
80 422
46 861
-
-
withholding
13 671
7 966
-
-
total
13 671
7 966
-
-
Income
124 000
124 000
124 000
124 000
Total tax
37 992
33 467
39 271
38 119
After tax
86 008
90 533
84 729
85 881
Living cost
19 256
19 256
19 256
19 256
Free-cash
66 752
71 277
65 473
66 625

Estimated living cost  is ₽19256 per week

₽11541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
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.
₽5401
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
₽32362
₽41103
₽44443
₽43605
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.

-
-
-
124 000
income
-
-
-
13 720
social contributions

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

-
-
-
43 089
surtax
-
-
-
-
total
-
-
-
56 809
Employee
38 252
-
100 202
-
income
7 956
-
30 729
-
social contributions
4 208
-
11 023
-
surtax
-
-
-
-
total
12 164
-
41 752
-
Employer
38 252
-
100 202
-
social contributions
9 085
-
23 798
-
total
9 085
-
23 798
-
Corporate
76 664
124 000
-
-
income
16 099
26 040
-
-
surtax
-
-
-
-
total
16 099
26 040
-
-
Dividends
60 565
97 960
-
-
withholding
16 959
27 429
-
-
total
16 959
27 429
-
-
Income
124 000
124 000
124 000
124 000
Total tax
54 307
53 469
65 550
56 809
After tax
69 693
70 531
58 450
67 191
Living cost
26 088
26 088
26 088
26 088
Free-cash
43 605
44 443
32 362
41 103

Estimated living cost  is ₽26088 per week

₽19519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
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.
₽4594
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
₽92982
₽116542
₽111582
₽110417
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%.

-
-
-
124 000
microenterprise

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

-
-
-
1 240
total
-
-
-
1 240
Employee
7 773
-
124 000
-
income
1 554
-
24 800
-
total
1 554
-
24 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

116 227
124 000
-
-
total
-
-
-
-
Dividends
116 227
124 000
-
-
withholding
5 811
6 200
-
-
total
5 811
6 200
-
-
Income
124 000
124 000
124 000
124 000
Total tax
7 365
6 200
24 800
1 240
After tax
116 635
117 800
99 200
122 760
Living cost
6 218
6 218
6 218
6 218
Free-cash
110 417
111 582
92 982
116 542

Estimated living cost  is ₽6218 per week

₽3854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽171
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.
₽1677
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
₽36110
₽39396
₽63067
₽56109
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.

-
-
-
124 000
income
-
-
-
27 263
health
-
-
-
12 202
unemployment
-
-
-
186
pensions
-
-
-
22 645
total
-
-
-
62 296
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.

36 778
-
107 294
-
income
6 342
-
25 162
-
health
2 375
-
6 932
-
unemployment
52
-
150
-
pensions
5 701
-
16 631
-
total
14 470
-
48 875
-
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.

36 778
-
107 294
-
unemployment
22
-
65
-
pensions
3 254
-
9 495
-
health
2 450
-
7 147
-
total
5 726
-
16 707
-
Corporate
81 496
124 000
-
-
income
15 485
23 559
-
-
total
15 485
23 559
-
-
Dividends
66 011
100 441
-
-
withholding
9 902
15 066
-
-
total
9 902
15 066
-
-
Income
124 000
124 000
124 000
124 000
Total tax
45 583
38 625
65 582
62 296
After tax
78 417
85 375
58 418
61 704
Living cost
22 308
22 308
22 308
22 308
Free-cash
56 109
63 067
36 110
39 396

Estimated living cost  is ₽22308 per week

₽15310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5137
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
₽59348
₽64675
₽46015
₽48921
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.

-
-
-
124 000
income
-
-
-
23 675
health

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

-
-
-
5 459
total
-
-
-
29 134
Employee
38 153
-
120 174
-
social contributions
3 823
-
3 826
-
income
4 140
-
26 809
-
total
7 963
-
30 635
-
Employer
38 153
-
120 174
-
social contributions
3 823
-
3 826
-
total
3 823
-
3 826
-
Corporate
82 024
124 000
-
-
income
28 708
43 400
-
-
total
28 708
43 400
-
-
Dividends
53 316
80 600
-
-
social contributions
4 394
4 394
-
-
total
4 394
4 394
-
-
Income
124 000
124 000
124 000
124 000
Total tax
44 888
47 794
34 461
29 134
After tax
79 112
76 206
89 539
94 866
Living cost
30 191
30 191
30 191
30 191
Free-cash
48 921
46 015
59 348
64 675

Estimated living cost  is ₽30191 per week

₽19887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2380
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
Vilnius , Lithuania
₽60101
₽61997
₽58013
₽58446
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
-
-
-
124 000
income
-
-
-
18 600
social contributions
-
-
-
17 112
health
-
-
-
8 655
total
-
-
-
44 367
Employee
28 199
-
124 000
-
income
4 703
-
20 496
-
social contributions
3 892
-
17 112
-
health
1 968
-
8 655
-
total
10 563
-
46 263
-
Employer
28 199
-
124 000
-
total
-
-
-
-
Corporate
95 801
124 000
-
-
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%.

4 790
6 200
-
-
total
4 790
6 200
-
-
Dividends
91 010
117 800
-
-
withholding
13 652
17 671
-
-
health
6 353
8 223
-
-
social contributions
12 560
16 257
-
-
total
32 565
42 151
-
-
Income
124 000
124 000
124 000
124 000
Total tax
47 918
48 351
46 263
44 367
After tax
76 082
75 649
77 737
79 633
Living cost
17 636
17 636
17 636
17 636
Free-cash
58 446
58 013
60 101
61 997

Estimated living cost  is ₽17636 per week

₽11803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
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.
₽4339
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
₽40422
₽45732
₽62570
₽54435
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
-
-
-
124 000
income
-
-
-
12 095
social contributions
-
-
-
26 629
solidarity contribution
-
-
-
-
health
-
-
-
16 740
total
-
-
-
55 464
Employee
33 535
-
92 845
-
solidarity contribution
-
-
-
-
income
4 024
-
11 157
-
social contributions
2 180
-
5 928
-
health
4 527
-
12 534
-
total
10 731
-
29 619
-
Employer
33 535
-
92 845
-
social contributions
8 384
-
22 799
-
health
3 018
-
8 356
-
total
11 402
-
31 155
-
Corporate
79 063
124 000
-
-
income
15 022
23 560
-
-
total
15 022
23 560
-
-
Dividends
64 041
100 440
-
-
withholding
9 606
15 066
-
-
total
9 606
15 066
-
-
Income
124 000
124 000
124 000
124 000
Total tax
46 761
38 626
60 774
55 464
After tax
77 239
85 374
63 226
68 536
Living cost
22 804
22 804
22 804
22 804
Free-cash
54 435
62 570
40 422
45 732

Estimated living cost  is ₽22804 per week

₽16958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
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.
₽4188
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
₽89510
₽113070
₽108110
₽106293
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%.

-
-
-
124 000
microenterprise

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

-
-
-
1 240
total
-
-
-
1 240
Employee
12 113
-
124 000
-
income
2 423
-
24 800
-
total
2 423
-
24 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

111 887
124 000
-
-
total
-
-
-
-
Dividends
111 887
124 000
-
-
withholding
5 594
6 200
-
-
total
5 594
6 200
-
-
Income
124 000
124 000
124 000
124 000
Total tax
8 017
6 200
24 800
1 240
After tax
115 983
117 800
99 200
122 760
Living cost
9 690
9 690
9 690
9 690
Free-cash
106 293
108 110
89 510
113 070

Estimated living cost  is ₽9690 per week

₽6557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
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.
₽2401
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
₽30489
₽30071
₽22325
₽28042
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
-
-
-
124 000
income
-
-
-
17 585
social contributions
-
-
-
3 534
health
-
-
-
4 541
surtax
-
-
-
-
pensions
-
-
-
24 254
other
-
-
-
3 845
total
-
-
-
53 759
Employee
52 091
-
97 339
-
income
4 545
-
17 708
-
social contributions
1 484
-
2 773
-
surtax
-
-
-
-
pensions
5 892
-
6 198
-
total
11 921
-
26 679
-
Employer
52 091
-
97 339
-
unemployment
2 110
-
3 943
-
social contributions
156
-
292
-
pensions
8 559
-
10 539
-
other
1 798
-
3 555
-
health
3 646
-
8 333
-
total
16 269
-
26 662
-
Corporate
55 640
124 000
-
-
income
15 579
34 720
-
-
surtax
-
-
-
-
total
15 579
34 720
-
-
Dividends
40 061
89 280
-
-
withholding
5 128
11 428
-
-
surtax
-
-
-
-
social contributions
6 891
15 357
-
-
total
12 019
26 785
-
-
Income
124 000
124 000
124 000
124 000
Total tax
55 788
61 505
53 341
53 759
After tax
68 212
62 495
70 659
70 241
Living cost
40 170
40 170
40 170
40 170
Free-cash
28 042
22 325
30 489
30 071

Estimated living cost  is ₽40170 per week

₽27186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
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.
₽9146
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
₽58973
₽58971
₽75255
₽71177
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.

-
-
-
124 000
income
-
-
-
27 537
health
-
-
-
6 310
unemployment
-
-
-
919
pensions
-
-
-
15 928
total
-
-
-
50 694
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.

21 617
-
113 034
-
income
2 980
-
27 537
-
health
1 113
-
3 155
-
unemployment
162
-
459
-
pensions
3 026
-
8 576
-
total
7 281
-
39 727
-
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.

21 617
-
113 034
-
unemployment
162
-
459
-
pensions
2 594
-
7 351
-
health
1 113
-
3 155
-
total
3 869
-
10 965
-
Corporate
98 514
124 000
-
-
income
14 777
18 600
-
-
total
14 777
18 600
-
-
Dividends
83 737
105 400
-
-
withholding
12 561
15 810
-
-
total
12 561
15 810
-
-
Income
124 000
124 000
124 000
124 000
Total tax
38 488
34 410
50 692
50 694
After tax
85 512
89 590
73 308
73 306
Living cost
14 335
14 335
14 335
14 335
Free-cash
71 177
75 255
58 973
58 971

Estimated living cost  is ₽14335 per week

₽9652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1109
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.
₽3160
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
₽36911
₽42876
-₽1361
₽23482
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
-
-
-
124 000
regional
-
-
-
5 853
national
-
-
-
1 736
health
-
-
-
279
city
-
-
-
1 306
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.

-
-
-
2 480
pensions
-
-
-
11 408
total
-
-
-
23 062
Employee
67 947
-
110 986
-
regional
2 225
-
5 072
-
city
729
-
1 193
-
health
154
-
249
-
unemployment
-
-
-
-
national
322
-
1 399
-
pensions
5 708
-
9 323
-
total
9 138
-
17 236
-
Employer
67 947
-
110 986
-
unemployment
-
-
-
-
pensions
5 708
-
9 323
-
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.

1 359
-
2 219
-
health
154
-
249
-
total
7 221
-
11 791
-
Corporate
48 085
124 000
-
-
regional
10 170
26 227
-
-
national
4 088
10 540
-
-
total
14 258
36 767
-
-
Dividends
33 827
87 233
-
-
withholding
11 839
30 532
-
-
total
11 839
30 532
-
-
Income
124 000
124 000
124 000
124 000
Total tax
42 456
67 299
29 027
23 062
After tax
81 544
56 701
94 973
100 938
Living cost
58 062
58 062
58 062
58 062
Free-cash
23 482
-1 361
36 911
42 876

Estimated living cost  is ₽58062 per week

₽37757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
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.
₽14382
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
₽34550
₽51317
₽47168
₽48717
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

-
-
-
124 000
municipal
-
-
-
22 039
national
-
-
-
17 150
health
-
-
-
1 563
total
-
-
-
40 752
Employee
43 757
-
104 315
-
health
327
-
1 259
-
unemployment
657
-
1 564
-
national
723
-
10 970
-
municipal
7 167
-
17 001
-
pensions
2 953
-
7 041
-
total
11 827
-
37 835
-
Employer
43 757
-
104 315
-
unemployment
284
-
679
-
pensions
7 592
-
18 098
-
accident
44
-
104
-
health
336
-
803
-
total
8 256
-
19 684
-
Corporate
71 987
124 000
-
-
income
14 397
24 800
-
-
total
14 397
24 800
-
-
Dividends

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

43 192
74 400
-
-
national
1 097
6 709
-
-
municipal
7 775
13 392
-
-
total
8 872
20 101
-
-
Income
124 000
124 000
124 000
124 000
Total tax
43 352
44 901
57 519
40 752
After tax
80 648
79 099
66 481
83 248
Living cost
31 931
31 931
31 931
31 931
Free-cash
48 717
47 168
34 550
51 317

Estimated living cost  is ₽31931 per week

₽20857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
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.
₽7495
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
₽14589
₽23883
₽39070
₽26596
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
-
-
-
124 000
national
-
-
-
44 131
social contributions
-
-
-
19 384
communal

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

-
-
-
6 277
total
-
-
-
69 792
Employee

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

59 492
-
96 042
-
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.

2 795
-
4 514
-
communal

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

3 103
-
5 010
-
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.

518
-
835
-
national
18 290
-
33 567
-
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.

4 462
-
7 203
-
total
29 168
-
51 129
-
Employer

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

59 492
-
96 042
-
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.

868
-
1 402
-
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.

5 272
-
8 509
-
surtax
6 746
-
10 890
-
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.

773
-
1 250
-
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.

3 659
-
5 906
-
total
17 318
-
27 957
-
Corporate
47 191
124 000
-
-
income
9 438
24 800
-
-
surtax
189
496
-
-
total
9 627
25 296
-
-
Dividends
37 563
98 705
-
-
withholding

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

10 966
29 309
-
-
total
10 966
29 309
-
-
Income
124 000
124 000
124 000
124 000
Total tax
67 079
54 605
79 086
69 792
After tax
56 921
69 395
44 914
54 208
Living cost
30 325
30 325
30 325
30 325
Free-cash
26 596
39 070
14 589
23 883

Estimated living cost  is ₽30325 per week

₽19533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽7666
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
₽30172
₽31005
₽33321
₽32549
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
-
-
-
124 000
municipal
-
-
-
30 467
national
-
-
-
6 315
health
-
-
-
4 702
accident
-
-
-
151
unemployment
-
-
-
75
pensions
-
-
-
8 146
other
-
-
-
8 756
total
-
-
-
58 612
Employee
48 993
-
100 323
-
national
-
-
5 853
-
municipal
14 610
-
29 916
-
total
14 610
-
35 769
-
Employer
48 993
-
100 323
-
unemployment
1 293
-
1 989
-
pensions
5 296
-
8 146
-
other
5 693
-
8 756
-
accident
98
-
151
-
health
3 013
-
4 634
-
total
15 393
-
23 676
-
Corporate
59 614
124 000
-
-
income
13 115
27 280
-
-
total
13 115
27 280
-
-
Dividends
46 499
96 720
-
-
withholding
13 950
29 016
-
-
total
13 950
29 016
-
-
Income
124 000
124 000
124 000
124 000
Total tax
57 068
56 296
59 445
58 612
After tax
66 932
67 704
64 555
65 388
Living cost
34 383
34 383
34 383
34 383
Free-cash
32 549
33 321
30 172
31 005

Estimated living cost  is ₽34383 per week

₽22788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽7699
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
₽74348
₽47644
₽37392
-₽7487
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
-
-
-
124 000
income
-
-
-
24 170
social contributions
-
-
-
14 136
total
-
-
-
38 306
Employee
54 559
-
-
-
income
12 035
-
-
-
social contributions
4 474
-
638
-
total
16 509
-
638
-
Employer
54 559
-
-
-
social contributions
76 928
-
10 964
-
total
76 928
-
10 964
-
Corporate
-
124 000
-
-
income
-
27 280
-
-
total
-
27 280
-
-
Dividends
-
96 720
-
-
income
-
21 278
-
-
total
-
21 278
-
-
Income
124 000
124 000
124 000
124 000
Total tax
93 437
48 558
11 602
38 306
After tax
30 563
75 442
112 398
85 694
Living cost
38 050
38 050
38 050
38 050
Free-cash
-7 487
37 392
74 348
47 644

Estimated living cost  is ₽38050 per week

₽24689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9298
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
₽57753
₽58905
₽63557
₽60106
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
-
-
-
124 000
income
-
-
-
21 501
social contributions
-
-
-
13 457
health
-
-
-
3 161
total
-
-
-
38 119
Employee
63 954
63 954
114 718
-
income
6 716
5 920
20 879
-
social contributions
3 108
5 308
7 159
-
health
636
1 087
1 951
-
total
10 460
12 315
29 989
-
Employer
63 954
63 954
114 718
-
social contributions
3 108
5 308
7 159
-
health
693
1 184
2 123
-
total
3 801
6 492
9 282
-
Corporate
82 764
53 555
-
-
income
10 346
6 694
-
-
total
10 346
6 694
-
-
Dividends
72 418
46 861
-
-
withholding
12 311
7 966
-
-
total
12 311
7 966
-
-
Income
124 000
124 000
124 000
124 000
Total tax
36 918
33 467
39 271
38 119
After tax
87 082
90 533
84 729
85 881
Living cost
26 976
26 976
26 976
26 976
Free-cash
60 106
63 557
57 753
58 905

Estimated living cost  is ₽26976 per week

₽18441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2107
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.
₽5975
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
₽42205
₽53532
₽53088
₽57887
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
-
-
-
124 000
income
-
-
-
33 447
pensions
-
-
-
6 917
total
-
-
-
40 364
Employee
41 322
-
108 495
-
income
7 525
-
25 895
-
health
539
-
1 646
-
pensions
3 154
-
8 644
-
total
11 218
-
36 185
-
Employer
41 322
-
108 495
-
pensions
4 175
-
13 444
-
health
785
-
2 062
-
total
4 960
-
15 506
-
Corporate
77 718
124 000
-
-
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.

14 766
23 560
-
-
total
14 766
23 560
-
-
Dividends
62 952
100 440
-
-
withholding
5 065
17 248
-
-
total
5 065
17 248
-
-
Income
124 000
124 000
124 000
124 000
Total tax
36 009
40 808
51 691
40 364
After tax
87 991
83 192
72 309
83 636
Living cost
30 104
30 104
30 104
30 104
Free-cash
57 887
53 088
42 205
53 532

Estimated living cost  is ₽30104 per week

₽20651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
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.
₽6306
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
₽20429
₽25978
₽32181
₽28397
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
-
-
-
124 000
municipal
-
-
-
829
regional
-
-
-
2 815
national
-
-
-
29 352
social contributions
-
-
-
31 893
total
-
-
-
64 889
Employee
70 084
-
124 000
-
regional
1 058
-
2 463
-
social contributions
23 632
-
41 812
-
national
11 844
-
25 423
-
municipal
418
-
740
-
total
36 952
-
70 438
-
Employer
70 084
-
124 000
-
total
-
-
-
-
Corporate
53 916
124 000
-
-
nationa
12 941
29 760
-
-
municipal
2 599
5 977
-
-
total
15 540
35 737
-
-
Dividends
38 376
88 262
-
-
withholding
9 978
22 949
-
-
total
9 978
22 949
-
-
Income
124 000
124 000
124 000
124 000
Total tax
62 470
58 686
70 438
64 889
After tax
61 530
65 314
53 562
59 111
Living cost
33 133
33 133
33 133
33 133
Free-cash
28 397
32 181
20 429
25 978

Estimated living cost  is ₽33133 per week

₽23274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
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.
₽7079
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
₽49464
₽67459
-₽7319
₽7382
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
-
-
-
124 000
income
-
-
-
33 682
health
-
-
-
1 721
accident
-
-
-
199
pensions
-
-
-
3 284
other
-
-
-
292
total
-
-
-
39 178
Employee
27 313
-
110 742
-
income
3 747
-
25 214
-
health
3 127
-
12 680
-
pensions
3 075
-
6 021
-
total
9 949
-
43 915
-
Employer
27 313
-
110 742
-
unemployment
669
-
2 713
-
pensions
4 441
-
8 695
-
accident
456
-
1 850
-
total
5 566
-
13 258
-
Corporate
91 121
124 000
-
-
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.

82 009
111 600
-
-
total
82 009
111 600
-
-
Dividends
9 112
12 400
-
-
withholding
1 731
2 356
-
-
total
1 731
2 356
-
-
Income
124 000
124 000
124 000
124 000
Total tax
99 255
113 956
57 173
39 178
After tax
24 745
10 044
66 827
84 822
Living cost
17 363
17 363
17 363
17 363
Free-cash
7 382
-7 319
49 464
67 459

Estimated living cost  is ₽17363 per week

₽12726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
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.
₽3313
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
₽48402
₽36158
₽31742
₽42622
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.

-
-
-
124 000
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.

-
-
-
35 835
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.

-
-
-
5 682
trade
-
-
-
12 244
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.

-
-
-
1 971
total
-
-
-
55 732
Employee

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

41 382
-
124 000
-
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.

3 403
-
35 835
-
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.

5 682
-
5 682
-
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.

188
-
1 971
-
total
9 273
-
43 488
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 618
124 000
-
-
chamber of commerce
248
308
-
-
income
12 393
18 600
-
-
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.

682
1 023
-
-
trade
11 856
17 794
-
-
total
25 179
37 725
-
-
Dividends
57 439
86 275
-
-
withholding
14 044
21 253
-
-
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.

772
1 170
-
-
total
14 816
22 423
-
-
Income
124 000
124 000
124 000
124 000
Total tax
49 268
60 148
43 488
55 732
After tax
74 732
63 852
80 512
68 268
Living cost
32 110
32 110
32 110
32 110
Free-cash
42 622
31 742
48 402
36 158

Estimated living cost  is ₽32110 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6039
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
₽58288
₽22968
₽81897
₽75074
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.

-
-
-
124 000
microenterprise
-
-
-
-
income
-
-
-
20 243
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.

-
-
-
31 866
surtax
-
-
-
31 620
total
-
-
-
83 729
Employee
24 303
-
88 835
-
income
4 326
-
17 238
-
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.

2 674
-
9 771
-
surtax
-
-
-
-
total
7 000
-
27 009
-
Employer
24 303
-
88 835
-
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.

5 854
-
21 400
-
surtax
-
-
-
-
total
5 854
-
21 400
-
Corporate
93 843
124 000
-
-
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%.

18 769
24 800
-
-
total
18 769
24 800
-
-
Dividends

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

75 074
99 200
-
-
total
-
-
-
-
Income
124 000
124 000
124 000
124 000
Total tax
31 623
24 800
48 409
83 729
After tax
92 377
99 200
75 591
40 271
Living cost
17 303
17 303
17 303
17 303
Free-cash
75 074
81 897
58 288
22 968

Estimated living cost  is ₽17303 per week

₽11039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
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.
₽4224
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
₽62782
₽63546
₽66632
₽64866
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
-
-
-
124 000
income
-
-
-
36 191
health
-
-
-
5 682
pensions
-
-
-
7 837
total
-
-
-
49 710
Employee
16 364
-
115 183
-
income
3 166
-
35 779
-
health
818
-
1 959
-
unemployment
164
-
392
-
pensions
1 473
-
3 527
-
total
5 621
-
41 657
-
Employer
16 364
-
115 183
-
unemployment
327
-
784
-
pensions
1 800
-
4 310
-
health
1 555
-
3 723
-
total
3 682
-
8 817
-
Corporate
103 953
124 000
-
-
income
22 870
27 280
-
-
total
22 870
27 280
-
-
Dividends
81 084
96 720
-
-
withholding
16 217
19 344
-
-
total
16 217
19 344
-
-
Income
124 000
124 000
124 000
124 000
Total tax
48 390
46 624
50 474
49 710
After tax
75 610
77 376
73 526
74 290
Living cost
10 744
10 744
10 744
10 744
Free-cash
64 866
66 632
62 782
63 546

Estimated living cost  is ₽10744 per week

₽6385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽246
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.
₽3242
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
₽36427
₽40163
₽59315
₽56670
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
-
-
-
124 000
income
-
-
-
30 499
health
-
-
-
7 880
unemployment
-
-
-
189
surtax
-
-
-
4 388
pensions
-
-
-
22 200
other
-
-
-
-
total
-
-
-
65 156
Employee
28 009
-
102 437
-
other
-
-
-
-
income
4 695
-
26 959
-
health
715
-
2 612
-
unemployment
1 949
-
7 129
-
surtax
99
-
3 797
-
pensions
1 869
-
6 832
-
total
9 327
-
47 329
-
Employer
28 009
-
102 437
-
unemployment
889
-
3 247
-
pensions
3 734
-
13 655
-
other
-
-
-
-
health
1 274
-
4 661
-
total
5 897
-
21 563
-
Corporate
90 095
124 000
-
-
income
23 425
32 240
-
-
total
23 425
32 240
-
-
Dividends
66 670
91 760
-
-
withholding
10 000
13 764
-
-
total
10 000
13 764
-
-
Income
124 000
124 000
124 000
124 000
Total tax
48 649
46 004
68 892
65 156
After tax
75 351
77 996
55 108
58 844
Living cost
18 681
18 681
18 681
18 681
Free-cash
56 670
59 315
36 427
40 163

Estimated living cost  is ₽18681 per week

₽11279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5346
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
₽5862
₽37139
₽42381
₽41966
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
-
-
-
124 000
income
-
-
-
29 323
chamber of commerce
-
-
-