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
₽56946
₽44140
₽47538
₽60621
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
unemployment
-
-
-
525
income
-
-
-
31 695
other
-
-
-
75
accident
-
-
-
676
pensions
-
-
-
21 232
total
-
-
-
54 203
Employee
29 931
-
100 081
-
unemployment
464
-
1 163
-
pensions
1 407
-
3 527
-
income
5 770
-
28 917
-
other
29
-
75
-
total
7 670
-
33 682
-
Employer
29 931
-
100 081
-
pensions
7 063
-
17 707
-
accident
593
-
1 485
-
unemployment
1 647
-
4 126
-
other
240
-
601
-
total
9 543
-
23 919
-
Corporate
84 527
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.

12 679
18 599
-
-
total
12 679
18 599
-
-
Dividends
71 848
105 401
-
-
withholding
14 903
22 521
-
-
total
14 903
22 521
-
-
Income
124 000
124 000
124 000
124 000
Total tax
44 795
41 120
57 601
54 203
After tax
79 205
82 880
66 399
69 797
Living cost
22 259
22 259
22 259
22 259
Free-cash
56 946
60 621
44 140
47 538

Estimated living cost  is ₽22259 per week

₽15025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽64068
₽49156
₽44252
₽69534
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
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.

-
-
-
29 543
income
-
-
-
17 374
other
-
-
-
5 846
health
-
-
-
5 416
total
-
-
-
58 179
Employee
29 391
-
99 040
-
health
412
-
1 387
-
unemployment
293
-
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.

2 057
-
6 932
-
income
5 060
-
19 006
-
total
7 822
-
28 316
-
Employer
29 391
-
99 040
-
health
412
-
1 387
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

4 997
-
16 836
-
accident
235
-
793
-
unemployment
293
-
991
-
other
1 470
-
4 952
-
total
7 407
-
24 959
-
Corporate
87 202
124 000
-
-
income
18 312
26 040
-
-
total
18 312
26 040
-
-
Dividends
68 890
97 960
-
-
withholding
4 822
6 857
-
-
total
4 822
6 857
-
-
Income
124 000
124 000
124 000
124 000
Total tax
38 363
32 897
53 275
58 179
After tax
85 637
91 103
70 725
65 821
Living cost
21 569
21 569
21 569
21 569
Free-cash
64 068
69 534
49 156
44 252

Estimated living cost  is ₽21569 per week

₽15240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽91631
₽91879
₽87218
₽95395
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
pensions

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

-
-
-
4 189
unemployment
-
-
-
113
income
-
-
-
18 600
health
-
-
-
3 255
total
-
-
-
26 157
Employee
14 069
-
118 446
-
health
647
-
1 302
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 235
-
2 485
-
income
1 407
-
11 845
-
total
3 444
-
15 943
-
Employer
14 069
-
118 446
-
health
971
-
1 953
-
pensions

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

1 551
-
3 119
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 761
-
5 553
-
Corporate
107 170
124 000
-
-
income
10 717
12 400
-
-
total
10 717
12 400
-
-
Dividends
96 453
111 600
-
-
withholding
4 822
5 580
-
-
total
4 822
5 580
-
-
Income
124 000
124 000
124 000
124 000
Total tax
21 744
17 980
21 496
26 157
After tax
102 256
106 020
102 504
97 843
Living cost
10 625
10 625
10 625
10 625
Free-cash
91 631
95 395
91 879
87 218

Estimated living cost  is ₽10625 per week

₽6203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽39581
₽42525
₽42484
₽34800
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
-
-
-
17 900
other
-
-
-
3 843
health
-
-
-
4 664
social contributions
-
-
-
3 533
pensions
-
-
-
23 881
surtax
-
-
-
-
total
-
-
-
53 821
Employee
34 644
-
97 121
-
pensions
3 917
-
6 274
-
income
2 045
-
17 860
-
social contributions
988
-
2 768
-
surtax
-
-
-
-
total
6 950
-
26 902
-
Employer
34 644
-
97 121
-
health
2 426
-
8 419
-
social contributions
104
-
292
-
pensions
5 691
-
10 649
-
unemployment
1 402
-
3 934
-
other
1 195
-
3 584
-
total
10 818
-
26 878
-
Corporate
78 537
124 000
-
-
income
21 991
34 719
-
-
surtax
-
-
-
-
total
21 991
34 719
-
-
Dividends
56 546
89 281
-
-
social contributions
9 727
15 357
-
-
surtax
-
-
-
-
withholding
7 238
11 429
-
-
total
16 965
26 786
-
-
Income
124 000
124 000
124 000
124 000
Total tax
56 724
61 505
53 780
53 821
After tax
67 276
62 495
70 220
70 179
Living cost
27 695
27 695
27 695
27 695
Free-cash
39 581
34 800
42 525
42 484

Estimated living cost  is ₽27695 per week

₽17463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽22244
₽41544
₽35841
₽27204
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
pensions
-
-
-
9 484
income
-
-
-
34 783
health
-
-
-
9 982
total
-
-
-
54 249
Employee
69 125
69 125
108 957
-
health
10 610
9 025
9 982
-
pensions
12 443
9 484
9 484
-
income

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

11 315
11 315
14 037
-
total
34 368
29 824
33 503
-
Employer
69 125
69 125
108 957
-
health
4 805
4 805
5 971
-
pensions
4 811
4 811
5 980
-
unemployment
2 489
2 489
3 092
-
total
12 105
12 105
15 043
-
Corporate
43 618
42 770
-
-
income
8 724
8 555
-
-
total
8 724
8 555
-
-
Dividends
34 895
34 216
-
-
income
7 415
7 270
-
-
withholding
5 234
5 132
-
-
total
12 649
12 402
-
-
Income
124 000
124 000
124 000
124 000
Total tax
67 846
62 886
48 546
54 249
After tax
56 154
61 114
75 454
69 751
Living cost
33 910
33 910
33 910
33 910
Free-cash
22 244
27 204
41 544
35 841

Estimated living cost  is ₽33910 per week

₽24031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽47005
₽55688
₽42086
₽38053
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
trade
-
-
-
13 602
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.

-
-
-
36 269
health

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

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

-
-
-
5 530
surtax

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

-
-
-
1 995
total
-
-
-
57 396
Employee

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

30 961
-
124 000
-
health

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

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

5 530
-
5 530
-
income

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

865
-
36 269
-
surtax

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

48
-
1 995
-
total
6 443
-
43 794
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 039
124 000
-
-
income
13 956
18 599
-
-
trade
14 653
19 530
-
-
surtax

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

768
1 023
-
-
chamber of commerce
257
301
-
-
total
29 634
39 453
-
-
Dividends
63 406
84 546
-
-
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.

856
1 146
-
-
withholding
15 544
20 830
-
-
total
16 400
21 976
-
-
Income
124 000
124 000
124 000
124 000
Total tax
52 477
61 429
43 794
57 396
After tax
71 523
62 571
80 206
66 604
Living cost
24 518
24 518
24 518
24 518
Free-cash
47 005
38 053
55 688
42 086

Estimated living cost  is ₽24518 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₽67375
₽65802
₽66944
₽71780
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
-
-
-
22 057
health
-
-
-
3 161
social contributions
-
-
-
13 097
total
-
-
-
38 315
Employee
62 244
62 244
114 906
-
health
482
1 058
1 954
-
income
6 777
5 762
21 441
-
social contributions
2 353
5 166
6 968
-
total
9 612
11 986
30 363
-
Employer
62 244
62 244
114 906
-
health
524
1 152
2 126
-
social contributions
2 353
5 166
6 968
-
total
2 877
6 318
9 094
-
Corporate
92 768
55 438
-
-
income
11 596
6 929
-
-
total
11 596
6 929
-
-
Dividends
81 172
48 508
-
-
withholding
13 799
8 246
-
-
total
13 799
8 246
-
-
Income
124 000
124 000
124 000
124 000
Total tax
37 884
33 479
39 457
38 315
After tax
86 116
90 521
84 543
85 685
Living cost
18 741
18 741
18 741
18 741
Free-cash
67 375
71 780
65 802
66 944

Estimated living cost  is ₽18741 per week

₽11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽44325
₽32810
₽41674
₽45141
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
-
-
-
13 846
social contributions

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

-
-
-
43 090
surtax
-
-
-
-
total
-
-
-
56 936
Employee
37 229
-
100 203
-
income
7 744
-
30 981
-
social contributions
4 095
-
11 022
-
surtax
-
-
-
-
total
11 839
-
42 003
-
Employer
37 229
-
100 203
-
social contributions
8 842
-
23 797
-
total
8 842
-
23 797
-
Corporate
77 929
124 000
-
-
income
16 366
26 040
-
-
surtax
-
-
-
-
total
16 366
26 040
-
-
Dividends
61 563
97 960
-
-
withholding
17 238
27 429
-
-
total
17 238
27 429
-
-
Income
124 000
124 000
124 000
124 000
Total tax
54 285
53 469
65 800
56 936
After tax
69 715
70 531
58 200
67 064
Living cost
25 390
25 390
25 390
25 390
Free-cash
44 325
45 141
32 810
41 674

Estimated living cost  is ₽25390 per week

₽18997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽110619
₽93153
₽116713
₽111753
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
7 559
-
124 000
-
income
1 512
-
24 800
-
total
1 512
-
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%.

116 441
124 000
-
-
total
-
-
-
-
Dividends
116 441
124 000
-
-
withholding
5 822
6 200
-
-
total
5 822
6 200
-
-
Income
124 000
124 000
124 000
124 000
Total tax
7 334
6 200
24 800
1 240
After tax
116 666
117 800
99 200
122 760
Living cost
6 047
6 047
6 047
6 047
Free-cash
110 619
111 753
93 153
116 713

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₽56890
₽36509
₽39794
₽63663
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
pensions
-
-
-
22 645
unemployment
-
-
-
186
income
-
-
-
27 462
health
-
-
-
12 201
total
-
-
-
62 494
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

35 795
-
107 293
-
health
2 312
-
6 931
-
unemployment
51
-
151
-
pensions
5 548
-
16 630
-
income
6 173
-
25 361
-
total
14 084
-
49 073
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

35 795
-
107 293
-
health
2 384
-
7 146
-
pensions
3 167
-
9 495
-
unemployment
22
-
65
-
total
5 573
-
16 706
-
Corporate
82 632
124 000
-
-
income
15 701
23 559
-
-
total
15 701
23 559
-
-
Dividends
66 932
100 441
-
-
withholding
10 040
15 066
-
-
total
10 040
15 066
-
-
Income
124 000
124 000
124 000
124 000
Total tax
45 398
38 625
65 779
62 494
After tax
78 602
85 375
58 221
61 506
Living cost
21 712
21 712
21 712
21 712
Free-cash
56 890
63 663
36 509
39 794

Estimated living cost  is ₽21712 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽49768
₽59916
₽66450
₽46939
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
-
-
-
23 042
health

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

-
-
-
5 124
total
-
-
-
28 166
Employee
37 134
-
120 276
-
social contributions
3 720
-
3 724
-
income
4 029
-
27 252
-
total
7 749
-
30 976
-
Employer
37 134
-
120 276
-
social contributions
3 720
-
3 724
-
total
3 720
-
3 724
-
Corporate
83 146
124 000
-
-
income
29 102
43 400
-
-
total
29 102
43 400
-
-
Dividends
54 044
80 600
-
-
social contributions
4 277
4 277
-
-
total
4 277
4 277
-
-
Income
124 000
124 000
124 000
124 000
Total tax
44 848
47 677
34 700
28 166
After tax
79 152
76 323
89 300
95 834
Living cost
29 384
29 384
29 384
29 384
Free-cash
49 768
46 939
59 916
66 450

Estimated living cost  is ₽29384 per week

₽19355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽58906
₽60458
₽62471
₽58486
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
-
-
-
18 599
health
-
-
-
8 654
social contributions
-
-
-
17 112
total
-
-
-
44 365
Employee
27 446
-
124 000
-
health
1 916
-
8 654
-
income
4 578
-
20 612
-
social contributions
3 788
-
17 112
-
total
10 282
-
46 378
-
Employer
27 446
-
124 000
-
total
-
-
-
-
Corporate
96 554
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%.

4 828
6 200
-
-
total
4 828
6 200
-
-
Dividends
91 726
117 800
-
-
social contributions
12 658
16 257
-
-
withholding
13 759
17 670
-
-
health
6 403
8 223
-
-
total
32 820
42 150
-
-
Income
124 000
124 000
124 000
124 000
Total tax
47 930
48 350
46 378
44 365
After tax
76 070
75 650
77 622
79 635
Living cost
17 164
17 164
17 164
17 164
Free-cash
58 906
58 486
60 458
62 471

Estimated living cost  is ₽17164 per week

₽11487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽54688
₽40775
₽46103
₽62756
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
-
-
-
12 127
health
-
-
-
16 740
social contributions
-
-
-
26 412
solidarity contribution
-
-
-
-
total
-
-
-
55 279
Employee
33 261
-
93 016
-
health
4 490
-
12 557
-
solidarity contribution
-
-
-
-
income
3 991
-
11 187
-
social contributions
2 162
-
5 879
-
total
10 643
-
29 623
-
Employer
33 261
-
93 016
-
health
2 993
-
8 371
-
social contributions
8 315
-
22 613
-
total
11 308
-
30 984
-
Corporate
79 430
124 000
-
-
income
15 092
23 560
-
-
total
15 092
23 560
-
-
Dividends
64 338
100 440
-
-
withholding
9 651
15 066
-
-
total
9 651
15 066
-
-
Income
124 000
124 000
124 000
124 000
Total tax
46 694
38 626
60 607
55 279
After tax
77 306
85 374
63 393
68 721
Living cost
22 618
22 618
22 618
22 618
Free-cash
54 688
62 756
40 775
46 103

Estimated living cost  is ₽22618 per week

₽16820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽106610
₽89777
₽113337
₽108377
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
11 779
-
124 000
-
income
2 356
-
24 800
-
total
2 356
-
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%.

112 221
124 000
-
-
total
-
-
-
-
Dividends
112 221
124 000
-
-
withholding
5 611
6 200
-
-
total
5 611
6 200
-
-
Income
124 000
124 000
124 000
124 000
Total tax
7 967
6 200
24 800
1 240
After tax
116 033
117 800
99 200
122 760
Living cost
9 423
9 423
9 423
9 423
Free-cash
106 610
108 377
89 777
113 337

Estimated living cost  is ₽9423 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₽28963
₽31124
₽31083
₽23399
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
-
-
-
17 900
other
-
-
-
3 843
health
-
-
-
4 664
social contributions
-
-
-
3 533
pensions
-
-
-
23 881
surtax
-
-
-
-
total
-
-
-
53 821
Employee
50 698
-
97 121
-
pensions
5 734
-
6 274
-
income
4 424
-
17 860
-
social contributions
1 444
-
2 768
-
surtax
-
-
-
-
total
11 602
-
26 902
-
Employer
50 698
-
97 121
-
health
3 548
-
8 419
-
social contributions
152
-
292
-
pensions
8 330
-
10 649
-
unemployment
2 054
-
3 934
-
other
1 750
-
3 584
-
total
15 834
-
26 878
-
Corporate
57 467
124 000
-
-
income
16 091
34 719
-
-
surtax
-
-
-
-
total
16 091
34 719
-
-
Dividends
41 377
89 281
-
-
social contributions
7 117
15 357
-
-
surtax
-
-
-
-
withholding
5 297
11 429
-
-
total
12 414
26 786
-
-
Income
124 000
124 000
124 000
124 000
Total tax
55 941
61 505
53 780
53 821
After tax
68 059
62 495
70 220
70 179
Living cost
39 096
39 096
39 096
39 096
Free-cash
28 963
23 399
31 124
31 083

Estimated living cost  is ₽39096 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽71674
₽59891
₽59891
₽75642
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
pensions
-
-
-
15 497
unemployment
-
-
-
894
income
-
-
-
27 631
health
-
-
-
6 139
total
-
-
-
50 161
Employee

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

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

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

21 032
-
113 331
-
health
1 083
-
3 070
-
unemployment
158
-
447
-
pensions
2 944
-
8 344
-
income
2 899
-
27 631
-
total
7 084
-
39 492
-
Employer

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

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

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

21 032
-
113 331
-
health
1 083
-
3 070
-
pensions
2 524
-
7 152
-
unemployment
158
-
447
-
total
3 765
-
10 669
-
Corporate
99 203
124 000
-
-
income
14 881
18 600
-
-
total
14 881
18 600
-
-
Dividends
84 323
105 400
-
-
withholding
12 648
15 810
-
-
total
12 648
15 810
-
-
Income
124 000
124 000
124 000
124 000
Total tax
38 378
34 410
50 161
50 161
After tax
85 622
89 590
73 839
73 839
Living cost
13 948
13 948
13 948
13 948
Free-cash
71 674
75 642
59 891
59 891

Estimated living cost  is ₽13948 per week

₽9391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽24464
₽38488
₽44327
₽352
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
pensions
-
-
-
11 409
city
-
-
-
1 307
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.

-
-
-
2 481
health
-
-
-
279
regional
-
-
-
5 971
national
-
-
-
1 877
total
-
-
-
23 324
Employee
65 943
-
110 985
-
health
149
-
250
-
unemployment
-
-
-
-
city
708
-
1 193
-
pensions
5 540
-
9 323
-
regional
2 159
-
5 158
-
national
312
-
1 446
-
total
8 868
-
17 370
-
Employer
65 943
-
110 985
-
health
149
-
250
-
pensions
5 540
-
9 323
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 318
-
2 220
-
total
7 007
-
11 793
-
Corporate
50 325
124 000
-
-
regional
10 643
26 226
-
-
national
4 278
10 540
-
-
total
14 921
36 766
-
-
Dividends
35 404
87 234
-
-
withholding
12 391
30 533
-
-
total
12 391
30 533
-
-
Income
124 000
124 000
124 000
124 000
Total tax
43 187
67 299
29 163
23 324
After tax
80 813
56 701
94 837
100 676
Living cost
56 349
56 349
56 349
56 349
Free-cash
24 464
352
38 488
44 327

Estimated living cost  is ₽56349 per week

₽36643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₽49365
₽35153
₽51602
₽47777
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
-
-
-
22 037
health
-
-
-
1 571
national
-
-
-
17 712
total
-
-
-
41 320
Employee
42 588
-
104 316
-
health
318
-
1 269
-
unemployment
639
-
1 565
-
pensions
2 874
-
7 042
-
national
704
-
11 212
-
municipal
6 975
-
16 999
-
total
11 510
-
38 087
-
Employer
42 588
-
104 316
-
health
327
-
803
-
pensions
7 389
-
18 098
-
accident
43
-
104
-
unemployment
277
-
677
-
total
8 036
-
19 682
-
Corporate
73 377
124 000
-
-
income
14 676
24 801
-
-
total
14 676
24 801
-
-
Dividends

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

44 026
74 400
-
-
municipal
7 925
13 392
-
-
national
1 410
6 952
-
-
total
9 335
20 344
-
-
Income
124 000
124 000
124 000
124 000
Total tax
43 557
45 145
57 769
41 320
After tax
80 443
78 855
66 231
82 680
Living cost
31 078
31 078
31 078
31 078
Free-cash
49 365
47 777
35 153
51 602

Estimated living cost  is ₽31078 per week

₽20300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
₽27732
₽15181
₽24497
₽39872
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
communal

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

-
-
-
6 280
social contributions
-
-
-
19 335
national
-
-
-
44 374
total
-
-
-
69 989
Employee

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

57 902
-
96 041
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

2 720
-
4 515
-
communal

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

3 020
-
5 009
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

504
-
836
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 343
-
7 203
-
national
17 801
-
33 785
-
total
28 388
-
51 348
-
Employer

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

57 902
-
96 041
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 561
-
5 906
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 131
-
8 509
-
surtax
6 565
-
10 891
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

753
-
1 249
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

845
-
1 402
-
total
16 855
-
27 957
-
Corporate
49 244
124 000
-
-
income
9 850
24 801
-
-
surtax
197
496
-
-
total
10 047
25 297
-
-
Dividends
39 198
98 703
-
-
withholding

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

11 464
29 317
-
-
total
11 464
29 317
-
-
Income
124 000
124 000
124 000
124 000
Total tax
66 754
54 614
79 305
69 989
After tax
57 246
69 386
44 695
54 011
Living cost
29 514
29 514
29 514
29 514
Free-cash
27 732
39 872
15 181
24 497

Estimated living cost  is ₽29514 per week

₽19011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽32013
₽29700
₽30622
₽32796
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
unemployment
-
-
-
77
municipal
-
-
-
30 368
other
-
-
-
8 890
health
-
-
-
4 774
national
-
-
-
5 939
accident
-
-
-
153
pensions
-
-
-
8 270
total
-
-
-
58 471
Employee
49 740
-
99 962
-
national
-
-
5 545
-
municipal
14 832
-
29 809
-
total
14 832
-
35 354
-
Employer
49 740
-
99 962
-
health
3 059
-
4 705
-
pensions
5 377
-
8 270
-
accident
100
-
153
-
unemployment
1 313
-
2 020
-
other
5 780
-
8 890
-
total
15 629
-
24 038
-
Corporate
58 632
124 000
-
-
income
12 899
27 280
-
-
total
12 899
27 280
-
-
Dividends
45 733
96 720
-
-
withholding
13 720
29 016
-
-
total
13 720
29 016
-
-
Income
124 000
124 000
124 000
124 000
Total tax
57 080
56 296
59 392
58 471
After tax
66 920
67 704
64 608
65 529
Living cost
34 908
34 908
34 908
34 908
Free-cash
32 013
32 796
29 700
30 622

Estimated living cost  is ₽34908 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₽8587
₽73933
₽47325
₽37073
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
55 015
-
-
-
income
12 135
-
-
-
social contributions
4 511
-
643
-
total
16 646
-
643
-
Employer
55 015
-
-
-
social contributions
77 572
-
11 055
-
total
77 572
-
11 055
-
Corporate
-
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
94 218
48 558
11 698
38 306
After tax
29 782
75 442
112 302
85 694
Living cost
38 369
38 369
38 369
38 369
Free-cash
-8 587
37 073
73 933
47 325

Estimated living cost  is ₽38369 per week

₽24895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽60907
₽58288
₽59430
₽64266
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
-
-
-
22 057
health
-
-
-
3 161
social contributions
-
-
-
13 097
total
-
-
-
38 315
Employee
62 244
62 244
114 906
-
health
619
1 058
1 954
-
income
6 536
5 762
21 441
-
social contributions
3 025
5 166
6 968
-
total
10 180
11 986
30 363
-
Employer
62 244
62 244
114 906
-
health
674
1 152
2 126
-
social contributions
3 025
5 166
6 968
-
total
3 699
6 318
9 094
-
Corporate
83 866
55 438
-
-
income
10 484
6 929
-
-
total
10 484
6 929
-
-
Dividends
73 382
48 508
-
-
withholding
12 475
8 246
-
-
total
12 475
8 246
-
-
Income
124 000
124 000
124 000
124 000
Total tax
36 838
33 479
39 457
38 315
After tax
87 162
90 521
84 543
85 685
Living cost
26 255
26 255
26 255
26 255
Free-cash
60 907
64 266
58 288
59 430

Estimated living cost  is ₽26255 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽58271
₽42989
₽54286
₽53661
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
-
-
-
34 036
pensions
-
-
-
6 744
total
-
-
-
40 780
Employee
39 716
-
108 444
-
health
518
-
1 623
-
pensions
3 031
-
8 393
-
income
7 233
-
26 505
-
total
10 782
-
36 521
-
Employer
39 716
-
108 444
-
health
755
-
2 060
-
pensions
4 013
-
13 496
-
total
4 768
-
15 556
-
Corporate
79 516
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.

15 109
23 559
-
-
total
15 109
23 559
-
-
Dividends
64 407
100 441
-
-
withholding
6 136
17 846
-
-
total
6 136
17 846
-
-
Income
124 000
124 000
124 000
124 000
Total tax
36 795
41 405
52 077
40 780
After tax
87 205
82 595
71 923
83 220
Living cost
28 934
28 934
28 934
28 934
Free-cash
58 271
53 661
42 989
54 286

Estimated living cost  is ₽28934 per week

₽19849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
₽29386
₽21139
₽26634
₽33067
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
-
-
-
830
regional
-
-
-
2 820
social contributions
-
-
-
31 893
national
-
-
-
29 576
total
-
-
-
65 119
Employee
68 211
-
124 000
-
social contributions
23 000
-
41 813
-
regional
1 030
-
2 483
-
national
11 527
-
25 578
-
municipal
407
-
740
-
total
35 964
-
70 614
-
Employer
68 211
-
124 000
-
total
-
-
-
-
Corporate
55 789
124 000
-
-
nationa
13 389
29 761
-
-
municipal
2 690
5 977
-
-
total
16 079
35 738
-
-
Dividends
39 711
88 262
-
-
withholding
10 324
22 948
-
-
total
10 324
22 948
-
-
Income
124 000
124 000
124 000
124 000
Total tax
62 367
58 686
70 614
65 119
After tax
61 633
65 314
53 386
58 881
Living cost
32 247
32 247
32 247
32 247
Free-cash
29 386
33 067
21 139
26 634

Estimated living cost  is ₽32247 per week

₽22652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽7416
₽49748
₽67673
-₽7097
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
pensions
-
-
-
3 242
income
-
-
-
33 759
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
39 186
Employee
26 964
-
110 849
-
health
3 087
-
12 692
-
pensions
3 036
-
5 944
-
income
3 699
-
25 324
-
total
9 822
-
43 960
-
Employer
26 964
-
110 849
-
pensions
4 384
-
8 584
-
accident
450
-
1 851
-
unemployment
661
-
2 716
-
total
5 495
-
13 151
-
Corporate
91 541
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.

82 387
111 600
-
-
total
82 387
111 600
-
-
Dividends
9 154
12 400
-
-
withholding
1 739
2 356
-
-
total
1 739
2 356
-
-
Income
124 000
124 000
124 000
124 000
Total tax
99 443
113 956
57 111
39 186
After tax
24 557
10 044
66 889
84 814
Living cost
17 141
17 141
17 141
17 141
Free-cash
7 416
-7 097
49 748
67 673

Estimated living cost  is ₽17141 per week

₽12563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₽43185
₽48955
₽36562
₽32597
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
trade
-
-
-
12 393
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.

-
-
-
36 269
health

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

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

-
-
-
5 530
surtax

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

-
-
-
1 995
total
-
-
-
56 187
Employee

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

40 276
-
124 000
-
health

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

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

5 530
-
5 530
-
income

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

3 312
-
36 269
-
surtax

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

183
-
1 995
-
total
9 025
-
43 794
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 724
124 000
-
-
income
12 559
18 599
-
-
trade
12 014
17 794
-
-
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.

691
1 023
-
-
chamber of commerce
246
304
-
-
total
25 510
37 720
-
-
Dividends
58 214
86 279
-
-
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.

783
1 169
-
-
withholding
14 246
21 263
-
-
total
15 029
22 432
-
-
Income
124 000
124 000
124 000
124 000
Total tax
49 564
60 152
43 794
56 187
After tax
74 436
63 848
80 206
67 813
Living cost
31 251
31 251
31 251
31 251
Free-cash
43 185
32 597
48 955
36 562

Estimated living cost  is ₽31251 per week

₽21558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₽75721
₽58361
₽24062
₽82359
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
income
-
-
-
20 465
microenterprise
-
-
-
-
social contributions

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

-
-
-
31 014
surtax
-
-
-
31 619
total
-
-
-
83 098
Employee
23 653
-
89 491
-
income
4 210
-
17 398
-
social contributions

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

2 602
-
9 843
-
surtax
-
-
-
-
total
6 812
-
27 241
-
Employer
23 653
-
89 491
-
social contributions

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

5 697
-
21 558
-
surtax
-
-
-
-
total
5 697
-
21 558
-
Corporate
94 650
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%.

18 930
24 801
-
-
total
18 930
24 801
-
-
Dividends

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

75 720
99 199
-
-
total
-
-
-
-
Income
124 000
124 000
124 000
124 000
Total tax
31 439
24 801
48 799
83 098
After tax
92 561
99 199
75 201
40 902
Living cost
16 840
16 840
16 840
16 840
Free-cash
75 721
82 359
58 361
24 062

Estimated living cost  is ₽16840 per week

₽10744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽65805
₽64115
₽64825
₽67437
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
-
-
-
36 730
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
49 236
Employee
15 139
-
115 844
-
health
757
-
1 813
-
unemployment
151
-
363
-
pensions
1 362
-
3 263
-
income
2 929
-
36 350
-
total
5 199
-
41 789
-
Employer
15 139
-
115 844
-
health
1 438
-
3 444
-
pensions
1 665
-
3 988
-
unemployment
303
-
725
-
total
3 406
-
8 157
-
Corporate
105 455
124 000
-
-
income
23 200
27 280
-
-
total
23 200
27 280
-
-
Dividends
82 255
96 720
-
-
withholding
16 451
19 344
-
-
total
16 451
19 344
-
-
Income
124 000
124 000
124 000
124 000
Total tax
48 256
46 624
49 946
49 236
After tax
75 744
77 376
74 054
74 764
Living cost
9 939
9 939
9 939
9 939
Free-cash
65 805
67 437
64 115
64 825

Estimated living cost  is ₽9939 per week

₽5907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽57238
₽36541
₽40663
₽59814
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
pensions
-
-
-
21 607
unemployment
-
-
-
184
income
-
-
-
31 175
other
-
-
-
-
health
-
-
-
7 670
surtax
-
-
-
4 519
total
-
-
-
65 155
Employee
27 260
-
102 436
-
health
696
-
2 613
-
unemployment
1 897
-
7 129
-
pensions
1 819
-
6 833
-
income
4 570
-
27 271
-
other
-
-
-
-
surtax
97
-
3 868
-
total
9 079
-
47 714
-
Employer
27 260
-
102 436
-
health
1 240
-
4 661
-
pensions
3 634
-
13 655
-
unemployment
865
-
3 247
-
other
-
-
-
-
total
5 739
-
21 563
-
Corporate
91 001
124 000
-
-
income
23 661
32 240
-
-
total
23 661
32 240
-
-
Dividends
67 340
91 760
-
-
withholding
10 101
13 764
-
-
total
10 101
13 764
-
-
Income
124 000
124 000
124 000
124 000
Total tax
48 580
46 004
69 277
65 155
After tax
75 420
77 996
54 723
58 845
Living cost
18 182
18 182
18 182
18 182
Free-cash
57 238
59 814
36 541
40 663

Estimated living cost  is ₽18182 per week

₽10977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽42649
₽6577
₽37925
₽43047
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
pensions
-
-
-
17 495
chamber of commerce
-
-
-