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
₽ 125000
per

Your estimated
City
free-cash

Valencia , Spain
₽43916
₽47420
₽60612
₽56766
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
-
-
-
125 000
income
-
-
-
31 366
accident
-
-
-
698
unemployment
-
-
-
542
pensions
-
-
-
21 918
other
-
-
-
78
total
-
-
-
54 602
Employee
30 897
-
100 309
-
other
30
-
78
-
income
5 957
-
28 497
-
unemployment
479
-
1 200
-
pensions
1 453
-
3 641
-
total
7 919
-
33 416
-
Employer
30 897
-
100 309
-
unemployment
1 700
-
4 259
-
pensions
7 291
-
18 278
-
other
247
-
620
-
accident
612
-
1 533
-
total
9 850
-
24 690
-
Corporate
84 253
125 000
-
-
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.

12 638
18 749
-
-
total
12 638
18 749
-
-
Dividends
71 615
106 251
-
-
withholding
14 849
22 661
-
-
total
14 849
22 661
-
-
Income
125 000
125 000
125 000
125 000
Total tax
45 256
41 410
58 106
54 602
After tax
79 744
83 590
66 894
70 398
Living cost
22 978
22 978
22 978
22 978
Free-cash
56 766
60 612
43 916
47 420

Estimated living cost  is ₽22978 per week

₽15510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽4857
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
₽49111
₽43943
₽69573
₽63927
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
-
-
-
125 000
income
-
-
-
17 356
health
-
-
-
5 499
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.

-
-
-
30 000
other
-
-
-
5 937
total
-
-
-
58 792
Employee
30 340
-
99 840
-
income
5 223
-
19 078
-
health
425
-
1 397
-
unemployment
303
-
999
-
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.

2 123
-
6 990
-
total
8 074
-
28 464
-
Employer
30 340
-
99 840
-
unemployment
303
-
999
-
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.

5 158
-
16 973
-
other
1 518
-
4 992
-
accident
243
-
799
-
health
425
-
1 397
-
total
7 647
-
25 160
-
Corporate
87 014
125 000
-
-
income
18 274
26 250
-
-
total
18 274
26 250
-
-
Dividends
68 741
98 750
-
-
withholding
4 813
6 912
-
-
total
4 813
6 912
-
-
Income
125 000
125 000
125 000
125 000
Total tax
38 808
33 162
53 624
58 792
After tax
86 192
91 838
71 376
66 208
Living cost
22 265
22 265
22 265
22 265
Free-cash
63 927
69 573
49 111
43 943

Estimated living cost  is ₽22265 per week

₽15732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
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.
₽4671
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
₽92205
₽87539
₽95942
₽92069
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
-
-
-
125 000
income
-
-
-
18 750
health
-
-
-
3 350
unemployment
-
-
-
117
pensions

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

-
-
-
4 311
total
-
-
-
26 528
Employee
14 477
-
119 285
-
income
1 447
-
11 929
-
health
666
-
1 340
-
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.

1 271
-
2 558
-
total
3 543
-
16 147
-
Employer
14 477
-
119 285
-
unemployment
87
-
175
-
pensions

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

1 596
-
3 210
-
accident

We are using the highest rate at 1.1%.

159
-
320
-
health
999
-
2 010
-
total
2 841
-
5 715
-
Corporate
107 682
125 000
-
-
income
10 768
12 500
-
-
total
10 768
12 500
-
-
Dividends
96 914
112 500
-
-
withholding
4 846
5 625
-
-
total
4 846
5 625
-
-
Income
125 000
125 000
125 000
125 000
Total tax
21 998
18 125
21 862
26 528
After tax
103 002
106 875
103 138
98 472
Living cost
10 933
10 933
10 933
10 933
Free-cash
92 069
95 942
92 205
87 539

Estimated living cost  is ₽10933 per week

₽6383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽290
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.
₽3480
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
₽42589
₽42213
₽34410
₽39346
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
-
-
-
125 000
income
-
-
-
17 766
social contributions
-
-
-
3 561
health
-
-
-
4 592
surtax
-
-
-
-
pensions
-
-
-
24 404
other
-
-
-
3 875
total
-
-
-
54 198
Employee
35 762
-
98 095
-
income
2 111
-
17 869
-
social contributions
1 020
-
2 796
-
surtax
-
-
-
-
pensions
4 044
-
6 257
-
total
7 175
-
26 922
-
Employer
35 762
-
98 095
-
unemployment
1 448
-
3 972
-
social contributions
108
-
295
-
pensions
5 875
-
10 636
-
other
1 234
-
3 587
-
health
2 504
-
8 410
-
total
11 169
-
26 900
-
Corporate
78 070
125 000
-
-
income
21 859
35 000
-
-
surtax
-
-
-
-
total
21 859
35 000
-
-
Dividends
56 211
90 000
-
-
withholding
7 194
11 520
-
-
surtax
-
-
-
-
social contributions
9 668
15 481
-
-
total
16 862
27 001
-
-
Income
125 000
125 000
125 000
125 000
Total tax
57 065
62 001
53 822
54 198
After tax
67 935
62 999
71 178
70 802
Living cost
28 589
28 589
28 589
28 589
Free-cash
39 346
34 410
42 589
42 213

Estimated living cost  is ₽28589 per week

₽18026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2325
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.
₽7752
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
₽40684
₽35550
₽26552
₽21434
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
-
-
-
125 000
income
-
-
-
34 352
health
-
-
-
10 304
pensions
-
-
-
9 790
total
-
-
-
54 446
Employee
71 357
71 357
109 471
-
income

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

11 680
11 680
13 689
-
health
10 952
9 316
10 304
-
pensions
12 844
9 790
9 790
-
total
35 476
30 786
33 783
-
Employer
71 357
71 357
109 471
-
unemployment
2 569
2 569
3 192
-
pensions
4 966
4 966
6 173
-
health
4 960
4 960
6 164
-
total
12 495
12 495
15 529
-
Corporate
42 023
41 148
-
-
income
8 404
8 230
-
-
total
8 404
8 230
-
-
Dividends
33 619
32 918
-
-
withholding
5 043
4 938
-
-
income
7 144
6 995
-
-
total
12 187
11 933
-
-
Income
125 000
125 000
125 000
125 000
Total tax
68 562
63 444
49 312
54 446
After tax
56 438
61 556
75 688
70 554
Living cost
35 004
35 004
35 004
35 004
Free-cash
21 434
26 552
40 684
35 550

Estimated living cost  is ₽35004 per week

₽24807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
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.
₽6486
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
₽55813
₽42244
₽37774
₽47014
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.

-
-
-
125 000
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.

-
-
-
36 178
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.

-
-
-
5 709
trade
-
-
-
13 569
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.

-
-
-
1 990
total
-
-
-
57 446
Employee

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

31 960
-
125 000
-
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.

893
-
36 178
-
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.

5 709
-
5 709
-
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
-
1 990
-
total
6 651
-
43 877
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 040
125 000
-
-
chamber of commerce
260
306
-
-
income
13 956
18 749
-
-
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.

767
1 031
-
-
trade
14 653
19 688
-
-
total
29 636
39 774
-
-
Dividends
63 403
85 226
-
-
withholding
15 534
20 988
-
-
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.

855
1 154
-
-
total
16 389
22 142
-
-
Income
125 000
125 000
125 000
125 000
Total tax
52 676
61 916
43 877
57 446
After tax
72 324
63 084
81 123
67 554
Living cost
25 310
25 310
25 310
25 310
Free-cash
47 014
37 774
55 813
42 244

Estimated living cost  is ₽25310 per week

₽15920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽5965
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
₽66043
₽67202
₽71913
₽67367
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
-
-
-
125 000
income
-
-
-
21 745
social contributions
-
-
-
13 520
health
-
-
-
3 187
total
-
-
-
38 452
Employee
64 253
64 253
115 668
-
income
6 996
5 948
21 120
-
social contributions
2 429
5 333
7 193
-
health
498
1 093
1 966
-
total
9 923
12 374
30 279
-
Employer
64 253
64 253
115 668
-
social contributions
2 429
5 333
7 193
-
health
541
1 189
2 139
-
total
2 970
6 522
9 332
-
Corporate
92 760
54 225
-
-
income
11 595
6 779
-
-
total
11 595
6 779
-
-
Dividends
81 166
47 446
-
-
withholding
13 799
8 066
-
-
total
13 799
8 066
-
-
Income
125 000
125 000
125 000
125 000
Total tax
38 287
33 741
39 611
38 452
After tax
86 713
91 259
85 389
86 548
Living cost
19 346
19 346
19 346
19 346
Free-cash
67 367
71 913
66 043
67 202

Estimated living cost  is ₽19346 per week

₽11595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
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.
₽5426
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
₽32680
₽41507
₽44890
₽44049
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.

-
-
-
125 000
income
-
-
-
13 846
social contributions

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

-
-
-
43 437
surtax
-
-
-
-
total
-
-
-
57 283
Employee
38 431
-
101 010
-
income
7 994
-
31 009
-
social contributions
4 227
-
11 111
-
surtax
-
-
-
-
total
12 221
-
42 120
-
Employer
38 431
-
101 010
-
social contributions
9 127
-
23 990
-
total
9 127
-
23 990
-
Corporate
77 442
125 000
-
-
income
16 263
26 250
-
-
surtax
-
-
-
-
total
16 263
26 250
-
-
Dividends
61 179
98 750
-
-
withholding
17 130
27 650
-
-
total
17 130
27 650
-
-
Income
125 000
125 000
125 000
125 000
Total tax
54 741
53 900
66 110
57 283
After tax
70 259
71 100
58 890
67 717
Living cost
26 210
26 210
26 210
26 210
Free-cash
44 049
44 890
32 680
41 507

Estimated living cost  is ₽26210 per week

₽19610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
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.
₽4616
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
₽93771
₽117521
₽112521
₽111353
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%.

-
-
-
125 000
microenterprise

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

-
-
-
1 250
total
-
-
-
1 250
Employee
7 786
-
125 000
-
income
1 557
-
25 000
-
total
1 557
-
25 000
-
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%.

117 214
125 000
-
-
total
-
-
-
-
Dividends
117 214
125 000
-
-
withholding
5 861
6 250
-
-
total
5 861
6 250
-
-
Income
125 000
125 000
125 000
125 000
Total tax
7 418
6 250
25 000
1 250
After tax
117 582
118 750
100 000
123 750
Living cost
6 229
6 229
6 229
6 229
Free-cash
111 353
112 521
93 771
117 521

Estimated living cost  is ₽6229 per week

₽3860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽518
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.
₽1680
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
₽36456
₽39764
₽63648
₽56660
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.

-
-
-
125 000
income
-
-
-
27 508
health
-
-
-
12 300
unemployment
-
-
-
187
pensions
-
-
-
22 828
total
-
-
-
62 823
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.

36 950
-
108 158
-
income
6 372
-
25 391
-
health
2 386
-
6 987
-
unemployment
52
-
151
-
pensions
5 728
-
16 764
-
total
14 538
-
49 293
-
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.

36 950
-
108 158
-
unemployment
22
-
65
-
pensions
3 270
-
9 571
-
health
2 461
-
7 202
-
total
5 753
-
16 838
-
Corporate
82 297
125 000
-
-
income
15 637
23 751
-
-
total
15 637
23 751
-
-
Dividends
66 660
101 249
-
-
withholding
9 999
15 188
-
-
total
9 999
15 188
-
-
Income
125 000
125 000
125 000
125 000
Total tax
45 927
38 939
66 131
62 823
After tax
79 073
86 061
58 869
62 177
Living cost
22 413
22 413
22 413
22 413
Free-cash
56 660
63 648
36 456
39 764

Estimated living cost  is ₽22413 per week

₽15381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1437
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.
₽5161
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
₽59898
₽65415
₽46504
₽49422
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.

-
-
-
125 000
income
-
-
-
23 786
health

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

-
-
-
5 467
total
-
-
-
29 253
Employee
38 332
-
121 156
-
social contributions
3 841
-
3 844
-
income
4 159
-
27 082
-
total
8 000
-
30 926
-
Employer
38 332
-
121 156
-
social contributions
3 841
-
3 844
-
total
3 841
-
3 844
-
Corporate
82 827
125 000
-
-
income
28 990
43 749
-
-
total
28 990
43 749
-
-
Dividends
53 837
81 251
-
-
social contributions
4 415
4 415
-
-
total
4 415
4 415
-
-
Income
125 000
125 000
125 000
125 000
Total tax
45 246
48 164
34 770
29 253
After tax
79 754
76 836
90 230
95 747
Living cost
30 332
30 332
30 332
30 332
Free-cash
49 422
46 504
59 898
65 415

Estimated living cost  is ₽30332 per week

₽19980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7496
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
₽60631
₽62558
₽58544
₽58979
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
-
-
-
125 000
income
-
-
-
18 749
social contributions
-
-
-
17 249
health
-
-
-
8 725
total
-
-
-
44 723
Employee
28 332
-
125 000
-
income
4 725
-
20 676
-
social contributions
3 910
-
17 249
-
health
1 977
-
8 725
-
total
10 612
-
46 650
-
Employer
28 332
-
125 000
-
total
-
-
-
-
Corporate
96 668
125 000
-
-
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%.

4 833
6 249
-
-
total
4 833
6 249
-
-
Dividends
91 835
118 751
-
-
withholding
13 775
17 812
-
-
health
6 409
8 288
-
-
social contributions
12 673
16 388
-
-
total
32 857
42 488
-
-
Income
125 000
125 000
125 000
125 000
Total tax
48 302
48 737
46 650
44 723
After tax
76 698
76 263
78 350
80 277
Living cost
17 719
17 719
17 719
17 719
Free-cash
58 979
58 544
60 631
62 558

Estimated living cost  is ₽17719 per week

₽11858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
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.
₽4359
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
₽40951
₽46314
₽63181
₽55020
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
-
-
-
125 000
income
-
-
-
12 211
social contributions
-
-
-
26 719
solidarity contribution
-
-
-
-
health
-
-
-
16 875
total
-
-
-
55 805
Employee
33 648
-
93 692
-
solidarity contribution
-
-
-
-
income
4 038
-
11 264
-
social contributions
2 187
-
5 948
-
health
4 542
-
12 648
-
total
10 767
-
29 860
-
Employer
33 648
-
93 692
-
social contributions
8 412
-
22 876
-
health
3 028
-
8 432
-
total
11 440
-
31 308
-
Corporate
79 912
125 000
-
-
income
15 183
23 750
-
-
total
15 183
23 750
-
-
Dividends
64 728
101 250
-
-
withholding
9 709
15 188
-
-
total
9 709
15 188
-
-
Income
125 000
125 000
125 000
125 000
Total tax
47 099
38 938
61 168
55 805
After tax
77 901
86 062
63 832
69 195
Living cost
22 881
22 881
22 881
22 881
Free-cash
55 020
63 181
40 951
46 314

Estimated living cost  is ₽22881 per week

₽17016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽4202
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
₽90293
₽114043
₽109043
₽107223
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%.

-
-
-
125 000
microenterprise

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

-
-
-
1 250
total
-
-
-
1 250
Employee
12 134
-
125 000
-
income
2 427
-
25 000
-
total
2 427
-
25 000
-
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%.

112 866
125 000
-
-
total
-
-
-
-
Dividends
112 866
125 000
-
-
withholding
5 643
6 250
-
-
total
5 643
6 250
-
-
Income
125 000
125 000
125 000
125 000
Total tax
8 070
6 250
25 000
1 250
After tax
116 930
118 750
100 000
123 750
Living cost
9 707
9 707
9 707
9 707
Free-cash
107 223
109 043
90 293
114 043

Estimated living cost  is ₽9707 per week

₽6569
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.
₽326
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.
₽2405
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
₽30820
₽30444
₽22641
₽28386
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
-
-
-
125 000
income
-
-
-
17 766
social contributions
-
-
-
3 561
health
-
-
-
4 592
surtax
-
-
-
-
pensions
-
-
-
24 404
other
-
-
-
3 875
total
-
-
-
54 198
Employee
52 335
-
98 095
-
income
4 566
-
17 869
-
social contributions
1 491
-
2 796
-
surtax
-
-
-
-
pensions
5 919
-
6 257
-
total
11 976
-
26 922
-
Employer
52 335
-
98 095
-
unemployment
2 120
-
3 972
-
social contributions
157
-
295
-
pensions
8 599
-
10 636
-
other
1 806
-
3 587
-
health
3 663
-
8 410
-
total
16 345
-
26 900
-
Corporate
56 320
125 000
-
-
income
15 770
35 000
-
-
surtax
-
-
-
-
total
15 770
35 000
-
-
Dividends
40 550
90 000
-
-
withholding
5 190
11 520
-
-
surtax
-
-
-
-
social contributions
6 975
15 481
-
-
total
12 165
27 001
-
-
Income
125 000
125 000
125 000
125 000
Total tax
56 256
62 001
53 822
54 198
After tax
68 744
62 999
71 178
70 802
Living cost
40 358
40 358
40 358
40 358
Free-cash
28 386
22 641
30 820
30 444

Estimated living cost  is ₽40358 per week

₽27314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
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.
₽9189
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
₽59559
₽59561
₽75909
₽71812
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.

-
-
-
125 000
income
-
-
-
27 771
health
-
-
-
6 339
unemployment
-
-
-
923
pensions
-
-
-
16 003
total
-
-
-
51 036
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.

21 718
-
113 983
-
income
2 994
-
27 771
-
health
1 118
-
3 170
-
unemployment
163
-
462
-
pensions
3 041
-
8 617
-
total
7 316
-
40 020
-
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.

21 718
-
113 983
-
unemployment
163
-
462
-
pensions
2 606
-
7 386
-
health
1 118
-
3 170
-
total
3 887
-
11 018
-
Corporate
99 394
125 000
-
-
income
14 909
18 750
-
-
total
14 909
18 750
-
-
Dividends
84 485
106 250
-
-
withholding
12 673
15 938
-
-
total
12 673
15 938
-
-
Income
125 000
125 000
125 000
125 000
Total tax
38 785
34 688
51 038
51 036
After tax
86 215
90 312
73 962
73 964
Living cost
14 403
14 403
14 403
14 403
Free-cash
71 812
75 909
59 559
59 561

Estimated living cost  is ₽14403 per week

₽9697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
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.
₽3175
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
₽37393
₽43391
-₽1168
₽23787
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
-
-
-
125 000
regional
-
-
-
5 914
national
-
-
-
1 768
health
-
-
-
282
city
-
-
-
1 318
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.

-
-
-
2 500
pensions
-
-
-
11 499
total
-
-
-
23 281
Employee
68 258
-
111 880
-
regional
2 235
-
5 122
-
city
733
-
1 201
-
health
154
-
252
-
unemployment
-
-
-
-
national
323
-
1 416
-
pensions
5 735
-
9 399
-
total
9 180
-
17 390
-
Employer
68 258
-
111 880
-
unemployment
-
-
-
-
pensions
5 735
-
9 399
-
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.

1 365
-
2 238
-
health
154
-
252
-
total
7 254
-
11 889
-
Corporate
48 737
125 000
-
-
regional
10 308
26 438
-
-
national
4 142
10 624
-
-
total
14 450
37 062
-
-
Dividends
34 287
87 938
-
-
withholding
12 001
30 778
-
-
total
12 001
30 778
-
-
Income
125 000
125 000
125 000
125 000
Total tax
42 885
67 840
29 279
23 281
After tax
82 115
57 160
95 721
101 719
Living cost
58 328
58 328
58 328
58 328
Free-cash
23 787
-1 168
37 393
43 391

Estimated living cost  is ₽58328 per week

₽37930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽716
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.
₽14447
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
₽34904
₽51768
₽47624
₽49193
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

-
-
-
125 000
municipal
-
-
-
22 216
national
-
-
-
17 359
health
-
-
-
1 576
total
-
-
-
41 151
Employee
43 962
-
105 157
-
health
328
-
1 270
-
unemployment
660
-
1 578
-
national
726
-
11 088
-
municipal
7 201
-
17 138
-
pensions
2 967
-
7 098
-
total
11 882
-
38 172
-
Employer
43 962
-
105 157
-
unemployment
285
-
683
-
pensions
7 627
-
18 245
-
accident
44
-
105
-
health
338
-
810
-
total
8 294
-
19 843
-
Corporate
72 743
125 000
-
-
income
14 549
25 000
-
-
total
14 549
25 000
-
-
Dividends

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

43 645
75 000
-
-
national
1 145
6 794
-
-
municipal
7 856
13 501
-
-
total
9 001
20 295
-
-
Income
125 000
125 000
125 000
125 000
Total tax
43 726
45 295
58 015
41 151
After tax
81 274
79 705
66 985
83 849
Living cost
32 081
32 081
32 081
32 081
Free-cash
49 193
47 624
34 904
51 768

Estimated living cost  is ₽32081 per week

₽20955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7530
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
₽14781
₽24152
₽39488
₽26955
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
-
-
-
125 000
national
-
-
-
44 517
social contributions
-
-
-
19 535
communal

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

-
-
-
6 329
total
-
-
-
70 381
Employee

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

59 771
-
96 816
-
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.

2 808
-
4 549
-
communal

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

3 117
-
5 050
-
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.

520
-
842
-
national
18 376
-
33 866
-
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.

4 483
-
7 261
-
total
29 304
-
51 568
-
Employer

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

59 771
-
96 816
-
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.

872
-
1 413
-
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.

5 296
-
8 579
-
surtax
6 777
-
10 979
-
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.

777
-
1 259
-
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.

3 676
-
5 954
-
total
17 398
-
28 184
-
Corporate
47 831
125 000
-
-
income
9 567
25 000
-
-
surtax
192
499
-
-
total
9 759
25 499
-
-
Dividends
38 073
99 500
-
-
withholding

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

11 117
29 546
-
-
total
11 117
29 546
-
-
Income
125 000
125 000
125 000
125 000
Total tax
67 578
55 045
79 752
70 381
After tax
57 422
69 955
45 248
54 619
Living cost
30 467
30 467
30 467
30 467
Free-cash
26 955
39 488
14 781
24 152

Estimated living cost  is ₽30467 per week

₽19625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7702
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
₽30463
₽31302
₽33655
₽32877
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
-
-
-
125 000
municipal
-
-
-
30 725
national
-
-
-
6 413
health
-
-
-
4 731
accident
-
-
-
152
unemployment
-
-
-
76
pensions
-
-
-
8 196
other
-
-
-
8 810
total
-
-
-
59 103
Employee
49 295
-
101 177
-
national
-
-
5 948
-
municipal
14 700
-
30 171
-
total
14 700
-
36 119
-
Employer
49 295
-
101 177
-
unemployment
1 301
-
2 002
-
pensions
5 329
-
8 196
-
other
5 728
-
8 810
-
accident
99
-
152
-
health
3 032
-
4 663
-
total
15 489
-
23 823
-
Corporate
60 216
125 000
-
-
income
13 248
27 500
-
-
total
13 248
27 500
-
-
Dividends
46 969
97 500
-
-
withholding
14 091
29 250
-
-
total
14 091
29 250
-
-
Income
125 000
125 000
125 000
125 000
Total tax
57 528
56 750
59 942
59 103
After tax
67 472
68 250
65 058
65 897
Living cost
34 595
34 595
34 595
34 595
Free-cash
32 877
33 655
30 463
31 302

Estimated living cost  is ₽34595 per week

₽22928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽7747
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
₽75164
₽48193
₽37858
-₽6976
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
-
-
-
125 000
income
-
-
-
24 365
social contributions
-
-
-
14 250
total
-
-
-
38 615
Employee
54 762
-
-
-
income
12 079
-
-
-
social contributions
4 491
-
640
-
total
16 570
-
640
-
Employer
54 762
-
-
-
social contributions
77 214
-
11 004
-
total
77 214
-
11 004
-
Corporate
-
125 000
-
-
income
-
27 500
-
-
total
-
27 500
-
-
Dividends
-
97 500
-
-
income
-
21 450
-
-
total
-
21 450
-
-
Income
125 000
125 000
125 000
125 000
Total tax
93 784
48 950
11 644
38 615
After tax
31 216
76 050
113 356
86 385
Living cost
38 192
38 192
38 192
38 192
Free-cash
-6 976
37 858
75 164
48 193

Estimated living cost  is ₽38192 per week

₽24780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
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.
₽9333
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
₽58286
₽59445
₽64156
₽60694
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
-
-
-
125 000
income
-
-
-
21 745
social contributions
-
-
-
13 520
health
-
-
-
3 187
total
-
-
-
38 452
Employee
64 253
64 253
115 668
-
income
6 747
5 948
21 120
-
social contributions
3 122
5 333
7 193
-
health
639
1 093
1 966
-
total
10 508
12 374
30 279
-
Employer
64 253
64 253
115 668
-
social contributions
3 122
5 333
7 193
-
health
696
1 189
2 139
-
total
3 818
6 522
9 332
-
Corporate
83 571
54 225
-
-
income
10 447
6 779
-
-
total
10 447
6 779
-
-
Dividends
73 124
47 446
-
-
withholding
12 430
8 066
-
-
total
12 430
8 066
-
-
Income
125 000
125 000
125 000
125 000
Total tax
37 203
33 741
39 611
38 452
After tax
87 797
91 259
85 389
86 548
Living cost
27 103
27 103
27 103
27 103
Free-cash
60 694
64 156
58 286
59 445

Estimated living cost  is ₽27103 per week

₽18527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6003
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
₽42571
₽53989
₽53534
₽58366
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
-
-
-
125 000
income
-
-
-
33 736
pensions
-
-
-
6 966
total
-
-
-
40 702
Employee
41 604
-
109 369
-
income
7 576
-
26 124
-
health
543
-
1 659
-
pensions
3 175
-
8 707
-
total
11 294
-
36 490
-
Employer
41 604
-
109 369
-
pensions
4 203
-
13 553
-
health
791
-
2 077
-
total
4 994
-
15 630
-
Corporate
78 402
125 000
-
-
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.

14 896
23 750
-
-
total
14 896
23 750
-
-
Dividends
63 506
101 250
-
-
withholding
5 141
17 407
-
-
total
5 141
17 407
-
-
Income
125 000
125 000
125 000
125 000
Total tax
36 325
41 157
52 120
40 702
After tax
88 675
83 843
72 880
84 298
Living cost
30 309
30 309
30 309
30 309
Free-cash
58 366
53 534
42 571
53 989

Estimated living cost  is ₽30309 per week

₽20792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
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.
₽6349
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
₽20685
₽26271
₽32552
₽28753
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
-
-
-
125 000
municipal
-
-
-
836
regional
-
-
-
2 839
national
-
-
-
29 616
social contributions
-
-
-
32 150
total
-
-
-
65 441
Employee
70 413
-
125 000
-
regional
1 063
-
2 485
-
social contributions
23 743
-
42 150
-
national
11 899
-
25 647
-
municipal
420
-
745
-
total
37 125
-
71 027
-
Employer
70 413
-
125 000
-
total
-
-
-
-
Corporate
54 587
125 000
-
-
nationa
13 101
30 000
-
-
municipal
2 631
6 026
-
-
total
15 732
36 026
-
-
Dividends
38 856
88 974
-
-
withholding
10 102
23 134
-
-
total
10 102
23 134
-
-
Income
125 000
125 000
125 000
125 000
Total tax
62 959
59 160
71 027
65 441
After tax
62 041
65 840
53 973
59 559
Living cost
33 288
33 288
33 288
33 288
Free-cash
28 753
32 552
20 685
26 271

Estimated living cost  is ₽33288 per week

₽23383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
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.
₽7112
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
₽49885
₽68019
-₽7360
₽7444
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
-
-
-
125 000
income
-
-
-
33 960
health
-
-
-
1 733
accident
-
-
-
201
pensions
-
-
-
3 307
other
-
-
-
295
total
-
-
-
39 496
Employee
27 504
-
111 644
-
income
3 773
-
25 427
-
health
3 149
-
12 783
-
pensions
3 097
-
6 064
-
total
10 019
-
44 274
-
Employer
27 504
-
111 644
-
unemployment
674
-
2 735
-
pensions
4 472
-
8 756
-
accident
459
-
1 865
-
total
5 605
-
13 356
-
Corporate
91 890
125 000
-
-
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.

82 701
112 500
-
-
total
82 701
112 500
-
-
Dividends
9 189
12 500
-
-
withholding
1 746
2 375
-
-
total
1 746
2 375
-
-
Income
125 000
125 000
125 000
125 000
Total tax
100 071
114 875
57 630
39 496
After tax
24 929
10 125
67 370
85 504
Living cost
17 485
17 485
17 485
17 485
Free-cash
7 444
-7 360
49 885
68 019

Estimated living cost  is ₽17485 per week

₽12815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
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.
₽3337
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
₽48863
₽36501
₽32108
₽43037
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.

-
-
-
125 000
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.

-
-
-
36 178
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.

-
-
-
5 709
trade
-
-
-
12 362
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.

-
-
-
1 990
total
-
-
-
56 239
Employee

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

41 576
-
125 000
-
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.

3 419
-
36 178
-
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.

5 709
-
5 709
-
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.

189
-
1 990
-
total
9 317
-
43 877
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 424
125 000
-
-
chamber of commerce
249
311
-
-
income
12 514
18 749
-
-
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.

688
1 031
-
-
trade
11 972
17 937
-
-
total
25 423
38 028
-
-
Dividends
58 000
86 972
-
-
withholding
14 183
21 426
-
-
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.

780
1 178
-
-
total
14 963
22 604
-
-
Income
125 000
125 000
125 000
125 000
Total tax
49 703
60 632
43 877
56 239
After tax
75 297
64 368
81 123
68 761
Living cost
32 260
32 260
32 260
32 260
Free-cash
43 037
32 108
48 863
36 501

Estimated living cost  is ₽32260 per week

₽22254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽6067
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
₽58768
₽23290
₽82616
₽75762
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.

-
-
-
125 000
microenterprise
-
-
-
-
income
-
-
-
20 435
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.

-
-
-
32 015
surtax
-
-
-
31 876
total
-
-
-
84 326
Employee
24 417
-
89 636
-
income
4 346
-
17 396
-
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.

2 686
-
9 860
-
surtax
-
-
-
-
total
7 032
-
27 256
-
Employer
24 417
-
89 636
-
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.

5 881
-
21 592
-
surtax
-
-
-
-
total
5 881
-
21 592
-
Corporate
94 702
125 000
-
-
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%.

18 941
25 000
-
-
total
18 941
25 000
-
-
Dividends

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

75 761
100 000
-
-
total
-
-
-
-
Income
125 000
125 000
125 000
125 000
Total tax
31 854
25 000
48 848
84 326
After tax
93 146
100 000
76 152
40 674
Living cost
17 384
17 384
17 384
17 384
Free-cash
75 762
82 616
58 768
23 290

Estimated living cost  is ₽17384 per week

₽11090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1655
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.
₽4243
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
₽63335
₽64104
₽67198
₽65422
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
-
-
-
125 000
income
-
-
-
36 502
health
-
-
-
5 713
pensions
-
-
-
7 879
total
-
-
-
50 094
Employee
16 453
-
116 136
-
income
3 183
-
36 088
-
health
823
-
1 970
-
unemployment
165
-
394
-
pensions
1 481
-
3 546
-
total
5 652
-
41 998
-
Employer
16 453
-
116 136
-
unemployment
329
-
788
-
pensions
1 810
-
4 334
-
health
1 563
-
3 743
-
total
3 702
-
8 865
-
Corporate
104 845
125 000
-
-
income
23 066
27 500
-
-
total
23 066
27 500
-
-
Dividends
81 779
97 500
-
-
withholding
16 356
19 500
-
-
total
16 356
19 500
-
-
Income
125 000
125 000
125 000
125 000
Total tax
48 776
47 000
50 863
50 094
After tax
76 224
78 000
74 137
74 906
Living cost
10 802
10 802
10 802
10 802
Free-cash
65 422
67 198
63 335
64 104

Estimated living cost  is ₽10802 per week

₽6419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽247
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.
₽3260
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
₽36738
₽40550
₽59856
₽57199
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
-
-
-
125 000
income
-
-
-
30 831
health
-
-
-
7 917
unemployment
-
-
-
190
surtax
-
-
-
4 440
pensions
-
-
-
22 304
other
-
-
-
-
total
-
-
-
65 682
Employee
28 140
-
103 263
-
other
-
-
-
-
income
4 717
-
27 215
-
health
718
-
2 632
-
unemployment
1 958
-
7 186
-
surtax
100
-
3 837
-
pensions
1 877
-
6 888
-
total
9 370
-
47 758
-
Employer
28 140
-
103 263
-
unemployment
893
-
3 273
-
pensions
3 752
-
13 765
-
other
-
-
-
-
health
1 280
-
4 698
-
total
5 925
-
21 736
-
Corporate
90 936
125 000
-
-
income
23 643
32 501
-
-
total
23 643
32 501
-
-
Dividends
67 293
92 499
-
-
withholding
10 095
13 875
-
-
total
10 095
13 875
-
-
Income
125 000
125 000
125 000
125 000
Total tax
49 033
46 376
69 494
65 682
After tax
75 967
78 624
55 506
59 318
Living cost
18 768
18 768
18 768
18 768
Free-cash
57 199
59 856
36 738
40 550

Estimated living cost  is ₽18768 per week

₽11331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
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.
₽5371
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
₽5965
₽37553
₽42806
₽42389
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
-
-
-
125 000
income
-
-
-
29 637
chamber of commerce
-
-
-