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
₽ 126000
per

Your estimated
City
free-cash

Valencia , Spain
₽42925
₽46965
₽60266
₽56158
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
-
-
-
126 000
income
-
-
-
30 645
accident
-
-
-
731
unemployment
-
-
-
568
pensions
-
-
-
22 950
other
-
-
-
81
total
-
-
-
54 975
Employee
32 352
-
100 146
-
other
32
-
81
-
income
6 237
-
28 011
-
unemployment
501
-
1 257
-
pensions
1 521
-
3 812
-
total
8 291
-
33 161
-
Employer
32 352
-
100 146
-
unemployment
1 780
-
4 460
-
pensions
7 634
-
19 139
-
other
259
-
649
-
accident
641
-
1 606
-
total
10 314
-
25 854
-
Corporate
83 334
126 000
-
-
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.

12 501
18 900
-
-
total
12 501
18 900
-
-
Dividends
70 833
107 100
-
-
withholding
14 676
22 774
-
-
total
14 676
22 774
-
-
Income
126 000
126 000
126 000
126 000
Total tax
45 782
41 674
59 015
54 975
After tax
80 218
84 326
66 985
71 025
Living cost
24 060
24 060
24 060
24 060
Free-cash
56 158
60 266
42 925
46 965

Estimated living cost  is ₽24060 per week

₽16240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽48772
₽43560
₽69257
₽63349
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
-
-
-
126 000
income
-
-
-
17 356
health
-
-
-
5 544
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.

-
-
-
30 240
other
-
-
-
5 986
total
-
-
-
59 126
Employee
31 768
-
100 638
-
income
5 469
-
19 093
-
health
445
-
1 410
-
unemployment
317
-
1 006
-
pensions

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

2 223
-
7 043
-
total
8 454
-
28 552
-
Employer
31 768
-
100 638
-
unemployment
317
-
1 006
-
pensions

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

5 401
-
17 108
-
other
1 589
-
5 033
-
accident
254
-
805
-
health
445
-
1 410
-
total
8 006
-
25 362
-
Corporate
86 225
126 000
-
-
income
18 108
26 460
-
-
total
18 108
26 460
-
-
Dividends
68 117
99 540
-
-
withholding
4 769
6 969
-
-
total
4 769
6 969
-
-
Income
126 000
126 000
126 000
126 000
Total tax
39 337
33 429
53 914
59 126
After tax
86 663
92 571
72 086
66 874
Living cost
23 314
23 314
23 314
23 314
Free-cash
63 349
69 257
48 772
43 560

Estimated living cost  is ₽23314 per week

₽16473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽92084
₽87449
₽96247
₽92181
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
-
-
-
126 000
income
-
-
-
18 900
health
-
-
-
3 518
unemployment
-
-
-
122
pensions

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

-
-
-
4 528
total
-
-
-
27 068
Employee
15 205
-
119 998
-
income
1 520
-
12 000
-
health
699
-
1 407
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
pensions

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

1 335
-
2 686
-
total
3 721
-
16 430
-
Employer
15 205
-
119 998
-
unemployment
91
-
184
-
pensions

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

1 676
-
3 371
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
health
1 049
-
2 111
-
total
2 983
-
6 003
-
Corporate
107 812
126 000
-
-
income
10 781
12 600
-
-
total
10 781
12 600
-
-
Dividends
97 031
113 400
-
-
withholding
4 851
5 670
-
-
total
4 851
5 670
-
-
Income
126 000
126 000
126 000
126 000
Total tax
22 336
18 270
22 433
27 068
After tax
103 664
107 730
103 567
98 932
Living cost
11 483
11 483
11 483
11 483
Free-cash
92 181
96 247
92 084
87 449

Estimated living cost  is ₽11483 per week

₽6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽42457
₽41525
₽33568
₽38736
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
-
-
-
126 000
income
-
-
-
17 447
social contributions
-
-
-
3 590
health
-
-
-
4 450
surtax
-
-
-
-
pensions
-
-
-
25 148
other
-
-
-
3 905
total
-
-
-
54 540
Employee
37 446
-
99 203
-
income
2 210
-
17 789
-
social contributions
1 068
-
2 828
-
surtax
-
-
-
-
pensions
4 234
-
6 198
-
total
7 512
-
26 815
-
Employer
37 446
-
99 203
-
unemployment
1 516
-
4 018
-
social contributions
113
-
297
-
pensions
6 152
-
10 557
-
other
1 292
-
3 572
-
health
2 622
-
8 349
-
total
11 695
-
26 793
-
Corporate
76 860
126 000
-
-
income
21 520
35 280
-
-
surtax
-
-
-
-
total
21 520
35 280
-
-
Dividends
55 340
90 720
-
-
withholding
7 083
11 613
-
-
surtax
-
-
-
-
social contributions
9 519
15 604
-
-
total
16 602
27 217
-
-
Income
126 000
126 000
126 000
126 000
Total tax
57 329
62 497
53 608
54 540
After tax
68 671
63 503
72 392
71 460
Living cost
29 935
29 935
29 935
29 935
Free-cash
38 736
33 568
42 457
41 525

Estimated living cost  is ₽29935 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽39017
₽34866
₽25310
₽19948
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
-
-
-
126 000
income
-
-
-
33 441
health
-
-
-
10 789
pensions
-
-
-
10 251
total
-
-
-
54 481
Employee
74 717
74 717
109 740
-
income

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

12 230
12 230
13 030
-
health
11 468
9 755
10 789
-
pensions
13 449
10 251
10 251
-
total
37 147
32 236
34 070
-
Employer
74 717
74 717
109 740
-
unemployment
2 690
2 690
3 342
-
pensions
5 200
5 200
6 464
-
health
5 194
5 194
6 454
-
total
13 084
13 084
16 260
-
Corporate
39 116
38 200
-
-
income
7 824
7 639
-
-
total
7 824
7 639
-
-
Dividends
31 293
30 560
-
-
withholding
4 694
4 584
-
-
income
6 650
6 494
-
-
total
11 344
11 078
-
-
Income
126 000
126 000
126 000
126 000
Total tax
69 399
64 037
50 330
54 481
After tax
56 601
61 963
75 670
71 519
Living cost
36 653
36 653
36 653
36 653
Free-cash
19 948
25 310
39 017
34 866

Estimated living cost  is ₽36653 per week

₽25975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽55720
₽42283
₽37096
₽46772
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.

-
-
-
126 000
income

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

-
-
-
35 831
health

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

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

-
-
-
5 977
trade
-
-
-
13 437
surtax

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

-
-
-
1 971
total
-
-
-
57 216
Employee

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

33 465
-
126 000
-
income

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

935
-
35 831
-
health

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

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

5 977
-
5 977
-
surtax

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

51
-
1 971
-
total
6 963
-
43 779
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 535
126 000
-
-
chamber of commerce
266
314
-
-
income
13 881
18 900
-
-
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.

764
1 039
-
-
trade
14 575
19 845
-
-
total
29 486
40 098
-
-
Dividends
63 050
85 902
-
-
withholding
15 430
21 143
-
-
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.

848
1 162
-
-
total
16 278
22 305
-
-
Income
126 000
126 000
126 000
126 000
Total tax
52 727
62 403
43 779
57 216
After tax
73 273
63 597
82 221
68 784
Living cost
26 501
26 501
26 501
26 501
Free-cash
46 772
37 096
55 720
42 283

Estimated living cost  is ₽26501 per week

₽16670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽66088
₽67272
₽71752
₽66991
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
-
-
-
126 000
income
-
-
-
21 102
social contributions
-
-
-
14 156
health
-
-
-
3 213
total
-
-
-
38 471
Employee
67 279
67 279
116 317
-
income
7 326
6 228
20 464
-
social contributions
2 544
5 584
7 531
-
health
521
1 144
1 977
-
total
10 391
12 956
29 972
-
Employer
67 279
67 279
116 317
-
social contributions
2 544
5 584
7 531
-
health
566
1 245
2 152
-
total
3 110
6 829
9 683
-
Corporate
92 242
51 892
-
-
income
11 530
6 487
-
-
total
11 530
6 487
-
-
Dividends
80 713
45 405
-
-
withholding
13 721
7 719
-
-
total
13 721
7 719
-
-
Income
126 000
126 000
126 000
126 000
Total tax
38 752
33 991
39 655
38 471
After tax
87 248
92 009
86 345
87 529
Living cost
20 257
20 257
20 257
20 257
Free-cash
66 991
71 752
66 088
67 272

Estimated living cost  is ₽20257 per week

₽12141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽32286
₽41001
₽44225
₽43343
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.

-
-
-
126 000
income
-
-
-
13 769
social contributions

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

-
-
-
43 786
surtax
-
-
-
-
total
-
-
-
57 555
Employee
40 241
-
101 818
-
income
8 370
-
30 887
-
social contributions
4 427
-
11 201
-
surtax
-
-
-
-
total
12 797
-
42 088
-
Employer
40 241
-
101 818
-
social contributions
9 557
-
24 182
-
total
9 557
-
24 182
-
Corporate
76 202
126 000
-
-
income
16 003
26 460
-
-
surtax
-
-
-
-
total
16 003
26 460
-
-
Dividends
60 200
99 540
-
-
withholding
16 856
27 871
-
-
total
16 856
27 871
-
-
Income
126 000
126 000
126 000
126 000
Total tax
55 213
54 331
66 270
57 555
After tax
70 787
71 669
59 730
68 445
Living cost
27 444
27 444
27 444
27 444
Free-cash
43 343
44 225
32 286
41 001

Estimated living cost  is ₽27444 per week

₽20534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽94513
₽118453
₽113413
₽112235
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%.

-
-
-
126 000
microenterprise

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

-
-
-
1 260
total
-
-
-
1 260
Employee
7 858
-
126 000
-
income
1 571
-
25 200
-
total
1 571
-
25 200
-
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%.

118 142
126 000
-
-
total
-
-
-
-
Dividends
118 142
126 000
-
-
withholding
5 907
6 300
-
-
total
5 907
6 300
-
-
Income
126 000
126 000
126 000
126 000
Total tax
7 478
6 300
25 200
1 260
After tax
118 522
119 700
100 800
124 740
Living cost
6 287
6 287
6 287
6 287
Free-cash
112 235
113 413
94 513
118 453

Estimated living cost  is ₽6287 per week

₽3896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽36161
₽39499
₽63284
₽55964
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.

-
-
-
126 000
income
-
-
-
27 435
health
-
-
-
12 398
unemployment
-
-
-
189
pensions
-
-
-
23 011
total
-
-
-
63 033
Employee

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

38 690
-
109 024
-
income
6 672
-
25 302
-
health
2 499
-
7 043
-
unemployment
55
-
153
-
pensions
5 997
-
16 899
-
total
15 223
-
49 397
-
Employer

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

38 690
-
109 024
-
unemployment
23
-
65
-
pensions
3 424
-
9 648
-
health
2 577
-
7 261
-
total
6 024
-
16 974
-
Corporate
81 286
126 000
-
-
income
15 445
23 939
-
-
total
15 445
23 939
-
-
Dividends
65 841
102 061
-
-
withholding
9 876
15 309
-
-
total
9 876
15 309
-
-
Income
126 000
126 000
126 000
126 000
Total tax
46 568
39 248
66 371
63 033
After tax
79 432
86 752
59 629
62 967
Living cost
23 468
23 468
23 468
23 468
Free-cash
55 964
63 284
36 161
39 499

Estimated living cost  is ₽23468 per week

₽16106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽59542
₽63623
₽45518
₽48575
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.

-
-
-
126 000
income
-
-
-
24 906
health

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

-
-
-
5 710
total
-
-
-
30 616
Employee
40 137
-
121 975
-
social contributions
4 021
-
4 025
-
income
4 355
-
26 647
-
total
8 376
-
30 672
-
Employer
40 137
-
121 975
-
social contributions
4 021
-
4 025
-
total
4 021
-
4 025
-
Corporate
81 841
126 000
-
-
income
28 645
44 099
-
-
total
28 645
44 099
-
-
Dividends
53 197
81 901
-
-
social contributions
4 622
4 622
-
-
total
4 622
4 622
-
-
Income
126 000
126 000
126 000
126 000
Total tax
45 664
48 721
34 697
30 616
After tax
80 336
77 279
91 303
95 384
Living cost
31 761
31 761
31 761
31 761
Free-cash
48 575
45 518
59 542
63 623

Estimated living cost  is ₽31761 per week

₽20921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽60593
₽62365
₽58319
₽58774
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
-
-
-
126 000
income
-
-
-
18 900
social contributions
-
-
-
17 387
health
-
-
-
8 795
total
-
-
-
45 082
Employee
29 666
-
126 000
-
income
4 948
-
20 672
-
social contributions
4 094
-
17 387
-
health
2 070
-
8 795
-
total
11 112
-
46 854
-
Employer
29 666
-
126 000
-
total
-
-
-
-
Corporate
96 334
126 000
-
-
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%.

4 817
6 299
-
-
total
4 817
6 299
-
-
Dividends
91 518
119 701
-
-
withholding
13 728
17 955
-
-
health
6 387
8 355
-
-
social contributions
12 629
16 519
-
-
total
32 744
42 829
-
-
Income
126 000
126 000
126 000
126 000
Total tax
48 673
49 128
46 854
45 082
After tax
77 327
76 872
79 146
80 918
Living cost
18 553
18 553
18 553
18 553
Free-cash
58 774
58 319
60 593
62 365

Estimated living cost  is ₽18553 per week

₽12416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽40211
₽45360
₽63022
₽54556
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
-
-
-
126 000
income
-
-
-
12 192
social contributions
-
-
-
27 709
solidarity contribution
-
-
-
-
health
-
-
-
17 010
total
-
-
-
56 911
Employee
34 896
-
94 030
-
solidarity contribution
-
-
-
-
income
4 187
-
11 284
-
social contributions
2 268
-
6 112
-
health
4 711
-
12 694
-
total
11 166
-
30 090
-
Employer
34 896
-
94 030
-
social contributions
8 724
-
23 507
-
health
3 141
-
8 463
-
total
11 865
-
31 970
-
Corporate
79 240
126 000
-
-
income
15 056
23 940
-
-
total
15 056
23 940
-
-
Dividends
64 184
102 060
-
-
withholding
9 628
15 309
-
-
total
9 628
15 309
-
-
Income
126 000
126 000
126 000
126 000
Total tax
47 715
39 249
62 060
56 911
After tax
78 285
86 751
63 940
69 089
Living cost
23 729
23 729
23 729
23 729
Free-cash
54 556
63 022
40 211
45 360

Estimated living cost  is ₽23729 per week

₽17646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽91003
₽114943
₽109903
₽108066
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%.

-
-
-
126 000
microenterprise

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

-
-
-
1 260
total
-
-
-
1 260
Employee
12 247
-
126 000
-
income
2 449
-
25 200
-
total
2 449
-
25 200
-
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%.

113 753
126 000
-
-
total
-
-
-
-
Dividends
113 753
126 000
-
-
withholding
5 688
6 300
-
-
total
5 688
6 300
-
-
Income
126 000
126 000
126 000
126 000
Total tax
8 137
6 300
25 200
1 260
After tax
117 863
119 700
100 800
124 740
Living cost
9 797
9 797
9 797
9 797
Free-cash
108 066
109 903
91 003
114 943

Estimated living cost  is ₽9797 per week

₽6630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₽30133
₽29201
₽21244
₽27261
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
-
-
-
126 000
income
-
-
-
17 447
social contributions
-
-
-
3 590
health
-
-
-
4 450
surtax
-
-
-
-
pensions
-
-
-
25 148
other
-
-
-
3 905
total
-
-
-
54 540
Employee
54 799
-
99 203
-
income
4 781
-
17 789
-
social contributions
1 561
-
2 828
-
surtax
-
-
-
-
pensions
6 198
-
6 198
-
total
12 540
-
26 815
-
Employer
54 799
-
99 203
-
unemployment
2 220
-
4 018
-
social contributions
164
-
297
-
pensions
9 004
-
10 557
-
other
1 891
-
3 572
-
health
3 835
-
8 349
-
total
17 114
-
26 793
-
Corporate
54 086
126 000
-
-
income
15 144
35 280
-
-
surtax
-
-
-
-
total
15 144
35 280
-
-
Dividends
38 941
90 720
-
-
withholding
4 984
11 613
-
-
surtax
-
-
-
-
social contributions
6 698
15 604
-
-
total
11 682
27 217
-
-
Income
126 000
126 000
126 000
126 000
Total tax
56 480
62 497
53 608
54 540
After tax
69 520
63 503
72 392
71 460
Living cost
42 259
42 259
42 259
42 259
Free-cash
27 261
21 244
30 133
29 201

Estimated living cost  is ₽42259 per week

₽28600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽58680
₽58681
₽75946
₽71652
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.

-
-
-
126 000
income
-
-
-
27 855
health
-
-
-
6 642
unemployment
-
-
-
967
pensions
-
-
-
16 766
total
-
-
-
52 230
Employee

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

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

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

22 754
-
114 458
-
income
3 136
-
27 855
-
health
1 172
-
3 321
-
unemployment
171
-
484
-
pensions
3 186
-
9 028
-
total
7 665
-
40 688
-
Employer

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

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

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

22 754
-
114 458
-
unemployment
171
-
484
-
pensions
2 730
-
7 738
-
health
1 172
-
3 321
-
total
4 073
-
11 543
-
Corporate
99 173
126 000
-
-
income
14 876
18 900
-
-
total
14 876
18 900
-
-
Dividends
84 297
107 100
-
-
withholding
12 645
16 065
-
-
total
12 645
16 065
-
-
Income
126 000
126 000
126 000
126 000
Total tax
39 259
34 965
52 231
52 230
After tax
86 741
91 035
73 769
73 770
Living cost
15 089
15 089
15 089
15 089
Free-cash
71 652
75 946
58 680
58 681

Estimated living cost  is ₽15089 per week

₽10160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽35600
₽41721
-₽3447
₽22678
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
-
-
-
126 000
regional
-
-
-
5 833
national
-
-
-
1 657
health
-
-
-
284
city
-
-
-
1 328
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.

-
-
-
2 520
pensions
-
-
-
11 592
total
-
-
-
23 214
Employee
71 462
-
112 777
-
regional
2 340
-
5 049
-
city
767
-
1 211
-
health
162
-
254
-
unemployment
-
-
-
-
national
338
-
1 366
-
pensions
6 004
-
9 473
-
total
9 611
-
17 353
-
Employer
71 462
-
112 777
-
unemployment
-
-
-
-
pensions
6 004
-
9 473
-
other

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

1 429
-
2 255
-
health
162
-
254
-
total
7 595
-
11 982
-
Corporate
46 158
126 000
-
-
regional
9 763
26 648
-
-
national
3 924
10 710
-
-
total
13 687
37 358
-
-
Dividends
32 471
88 641
-
-
withholding
11 364
31 024
-
-
total
11 364
31 024
-
-
Income
126 000
126 000
126 000
126 000
Total tax
42 257
68 382
29 335
23 214
After tax
83 743
57 618
96 665
102 786
Living cost
61 065
61 065
61 065
61 065
Free-cash
22 678
-3 447
35 600
41 721

Estimated living cost  is ₽61065 per week

₽39710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽15125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₽34292
₽51569
₽47110
₽48513
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

-
-
-
126 000
municipal
-
-
-
22 397
national
-
-
-
16 867
health
-
-
-
1 576
total
-
-
-
40 840
Employee
46 033
-
105 998
-
health
344
-
1 267
-
unemployment
691
-
1 591
-
national
760
-
10 824
-
municipal
7 540
-
17 278
-
pensions
3 107
-
7 155
-
total
12 442
-
38 115
-
Employer
46 033
-
105 998
-
unemployment
299
-
689
-
pensions
7 986
-
18 390
-
accident
46
-
106
-
health
354
-
817
-
total
8 685
-
20 002
-
Corporate
71 282
126 000
-
-
income
14 256
25 199
-
-
total
14 256
25 199
-
-
Dividends

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

42 770
75 600
-
-
national
814
6 492
-
-
municipal
7 699
13 608
-
-
total
8 513
20 100
-
-
Income
126 000
126 000
126 000
126 000
Total tax
43 896
45 299
58 117
40 840
After tax
82 104
80 701
67 883
85 160
Living cost
33 591
33 591
33 591
33 591
Free-cash
48 513
47 110
34 292
51 569

Estimated living cost  is ₽33591 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽14027
₽23446
₽38624
₽25501
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
-
-
-
126 000
national
-
-
-
44 516
social contributions
-
-
-
19 762
communal

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

-
-
-
6 374
total
-
-
-
70 652
Employee

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

62 585
-
97 589
-
health

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

2 941
-
4 588
-
communal

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

3 264
-
5 091
-
unemployment

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

545
-
848
-
national
19 241
-
33 815
-
pensions

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

4 694
-
7 319
-
total
30 685
-
51 661
-
Employer

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

62 585
-
97 589
-
unemployment

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

913
-
1 425
-
pensions

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

5 546
-
8 647
-
surtax
7 096
-
11 068
-
accident

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

814
-
1 269
-
health

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

3 849
-
6 001
-
total
18 218
-
28 410
-
Corporate
45 197
126 000
-
-
income
9 039
25 199
-
-
surtax
181
505
-
-
total
9 220
25 704
-
-
Dividends
35 977
100 296
-
-
withholding

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

10 474
29 770
-
-
total
10 474
29 770
-
-
Income
126 000
126 000
126 000
126 000
Total tax
68 597
55 474
80 071
70 652
After tax
57 403
70 526
45 929
55 348
Living cost
31 902
31 902
31 902
31 902
Free-cash
25 501
38 624
14 027
23 446

Estimated living cost  is ₽31902 per week

₽20549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽29805
₽30771
₽32924
₽32120
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
-
-
-
126 000
municipal
-
-
-
30 781
national
-
-
-
5 799
health
-
-
-
4 906
accident
-
-
-
157
unemployment
-
-
-
79
pensions
-
-
-
8 499
other
-
-
-
9 136
total
-
-
-
59 357
Employee
51 114
-
101 298
-
national
-
-
5 414
-
municipal
15 242
-
30 207
-
total
15 242
-
35 621
-
Employer
51 114
-
101 298
-
unemployment
1 349
-
2 075
-
pensions
5 525
-
8 499
-
other
5 940
-
9 136
-
accident
102
-
157
-
health
3 143
-
4 835
-
total
16 059
-
24 702
-
Corporate
58 826
126 000
-
-
income
12 942
27 720
-
-
total
12 942
27 720
-
-
Dividends
45 884
98 280
-
-
withholding
13 765
29 484
-
-
total
13 765
29 484
-
-
Income
126 000
126 000
126 000
126 000
Total tax
58 008
57 204
60 323
59 357
After tax
67 992
68 796
65 677
66 643
Living cost
35 872
35 872
35 872
35 872
Free-cash
32 120
32 924
29 805
30 771

Estimated living cost  is ₽35872 per week

₽23774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽74910
₽47923
₽37505
-₽9298
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
-
-
-
126 000
income
-
-
-
24 560
social contributions
-
-
-
14 364
total
-
-
-
38 924
Employee
56 140
-
-
-
income
12 383
-
-
-
social contributions
4 604
-
656
-
total
16 987
-
656
-
Employer
56 140
-
-
-
social contributions
79 158
-
11 281
-
total
79 158
-
11 281
-
Corporate
-
126 000
-
-
income
-
27 720
-
-
total
-
27 720
-
-
Dividends
-
98 280
-
-
income
-
21 622
-
-
total
-
21 622
-
-
Income
126 000
126 000
126 000
126 000
Total tax
96 145
49 342
11 937
38 924
After tax
29 855
76 658
114 063
87 076
Living cost
39 153
39 153
39 153
39 153
Free-cash
-9 298
37 505
74 910
47 923

Estimated living cost  is ₽39153 per week

₽25404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽57966
₽59150
₽63630
₽60003
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
-
-
-
126 000
income
-
-
-
21 102
social contributions
-
-
-
14 156
health
-
-
-
3 213
total
-
-
-
38 471
Employee
67 279
67 279
116 317
-
income
7 065
6 228
20 464
-
social contributions
3 269
5 584
7 531
-
health
669
1 144
1 977
-
total
11 003
12 956
29 972
-
Employer
67 279
67 279
116 317
-
social contributions
3 269
5 584
7 531
-
health
729
1 245
2 152
-
total
3 998
6 829
9 683
-
Corporate
82 620
51 892
-
-
income
10 327
6 487
-
-
total
10 327
6 487
-
-
Dividends
72 292
45 405
-
-
withholding
12 290
7 719
-
-
total
12 290
7 719
-
-
Income
126 000
126 000
126 000
126 000
Total tax
37 618
33 991
39 655
38 471
After tax
88 382
92 009
86 345
87 529
Living cost
28 379
28 379
28 379
28 379
Free-cash
60 003
63 630
57 966
59 150

Estimated living cost  is ₽28379 per week

₽19400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽42134
₽53674
₽53397
₽57878
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
-
-
-
126 000
income
-
-
-
33 422
pensions
-
-
-
7 194
total
-
-
-
40 616
Employee
43 526
-
110 294
-
income
7 926
-
25 729
-
health
568
-
1 694
-
pensions
3 322
-
9 027
-
total
11 816
-
36 450
-
Employer
43 526
-
110 294
-
pensions
4 398
-
13 610
-
health
827
-
2 096
-
total
5 225
-
15 706
-
Corporate
77 249
126 000
-
-
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.

14 678
23 939
-
-
total
14 678
23 939
-
-
Dividends
62 571
102 061
-
-
withholding
4 693
16 954
-
-
total
4 693
16 954
-
-
Income
126 000
126 000
126 000
126 000
Total tax
36 412
40 893
52 156
40 616
After tax
89 588
85 107
73 844
85 384
Living cost
31 710
31 710
31 710
31 710
Free-cash
57 878
53 397
42 134
53 674

Estimated living cost  is ₽31710 per week

₽21753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽19806
₽25517
₽31512
₽27533
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
-
-
-
126 000
municipal
-
-
-
842
regional
-
-
-
2 855
national
-
-
-
29 523
social contributions
-
-
-
32 407
total
-
-
-
65 627
Employee
73 728
-
126 000
-
regional
1 113
-
2 475
-
social contributions
24 861
-
42 487
-
national
12 459
-
25 624
-
municipal
440
-
752
-
total
38 873
-
71 338
-
Employer
73 728
-
126 000
-
total
-
-
-
-
Corporate
52 272
126 000
-
-
nationa
12 546
30 240
-
-
municipal
2 519
6 074
-
-
total
15 065
36 314
-
-
Dividends
37 207
89 686
-
-
withholding
9 673
23 318
-
-
total
9 673
23 318
-
-
Income
126 000
126 000
126 000
126 000
Total tax
63 611
59 632
71 338
65 627
After tax
62 389
66 368
54 662
60 373
Living cost
34 856
34 856
34 856
34 856
Free-cash
27 533
31 512
19 806
25 517

Estimated living cost  is ₽34856 per week

₽24484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽49793
₽68192
-₽7802
₽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
-
-
-
126 000
income
-
-
-
34 099
health
-
-
-
1 785
accident
-
-
-
207
pensions
-
-
-
3 406
other
-
-
-
303
total
-
-
-
39 800
Employee
28 328
-
112 353
-
income
3 886
-
25 442
-
health
3 244
-
12 865
-
pensions
3 190
-
6 245
-
total
10 320
-
44 552
-
Employer
28 328
-
112 353
-
unemployment
694
-
2 753
-
pensions
4 606
-
9 018
-
accident
473
-
1 876
-
total
5 773
-
13 647
-
Corporate
91 899
126 000
-
-
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.

82 709
113 400
-
-
total
82 709
113 400
-
-
Dividends
9 190
12 600
-
-
withholding
1 746
2 394
-
-
total
1 746
2 394
-
-
Income
126 000
126 000
126 000
126 000
Total tax
100 548
115 794
58 199
39 800
After tax
25 452
10 206
67 801
86 200
Living cost
18 008
18 008
18 008
18 008
Free-cash
7 444
-7 802
49 793
68 192

Estimated living cost  is ₽18008 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽48442
₽36198
₽31114
₽42558
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.

-
-
-
126 000
income

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

-
-
-
35 831
health

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

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

-
-
-
5 977
trade
-
-
-
12 244
surtax

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

-
-
-
1 971
total
-
-
-
56 023
Employee

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

43 534
-
126 000
-
income

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

3 580
-
35 831
-
health

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

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

5 977
-
5 977
-
surtax

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

198
-
1 971
-
total
9 755
-
43 779
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 466
126 000
-
-
chamber of commerce
254
317
-
-
income
12 370
18 900
-
-
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.

681
1 039
-
-
trade
11 833
18 081
-
-
total
25 138
38 337
-
-
Dividends
57 328
87 662
-
-
withholding
14 000
21 583
-
-
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.

770
1 187
-
-
total
14 770
22 770
-
-
Income
126 000
126 000
126 000
126 000
Total tax
49 663
61 107
43 779
56 023
After tax
76 337
64 893
82 221
69 977
Living cost
33 779
33 779
33 779
33 779
Free-cash
42 558
31 114
48 442
36 198

Estimated living cost  is ₽33779 per week

₽23302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽59130
₽21871
₽82598
₽75420
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.

-
-
-
126 000
microenterprise
-
-
-
-
income
-
-
-
20 273
social contributions

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

-
-
-
33 523
surtax
-
-
-
32 130
total
-
-
-
85 926
Employee
25 566
-
89 389
-
income
4 551
-
17 301
-
social contributions

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

2 813
-
9 833
-
surtax
-
-
-
-
total
7 364
-
27 134
-
Employer
25 566
-
89 389
-
social contributions

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

6 158
-
21 533
-
surtax
-
-
-
-
total
6 158
-
21 533
-
Corporate
94 275
126 000
-
-
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%.

18 855
25 199
-
-
total
18 855
25 199
-
-
Dividends

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

75 420
100 801
-
-
total
-
-
-
-
Income
126 000
126 000
126 000
126 000
Total tax
32 377
25 199
48 667
85 926
After tax
93 623
100 801
77 333
40 074
Living cost
18 203
18 203
18 203
18 203
Free-cash
75 420
82 598
59 130
21 871

Estimated living cost  is ₽18203 per week

₽11613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽63106
₽63912
₽67291
₽65430
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
-
-
-
126 000
income
-
-
-
36 496
health
-
-
-
5 993
pensions
-
-
-
8 266
total
-
-
-
50 755
Employee
17 261
-
116 700
-
income
3 339
-
36 062
-
health
863
-
2 067
-
unemployment
173
-
413
-
pensions
1 553
-
3 720
-
total
5 928
-
42 262
-
Employer
17 261
-
116 700
-
unemployment
345
-
827
-
pensions
1 899
-
4 546
-
health
1 640
-
3 926
-
total
3 884
-
9 299
-
Corporate
104 855
126 000
-
-
income
23 068
27 720
-
-
total
23 068
27 720
-
-
Dividends
81 787
98 280
-
-
withholding
16 357
19 656
-
-
total
16 357
19 656
-
-
Income
126 000
126 000
126 000
126 000
Total tax
49 237
47 376
51 561
50 755
After tax
76 763
78 624
74 439
75 245
Living cost
11 333
11 333
11 333
11 333
Free-cash
65 430
67 291
63 106
63 912

Estimated living cost  is ₽11333 per week

₽6735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽36857
₽40139
₽59602
₽56818
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
-
-
-
126 000
income
-
-
-
30 083
health
-
-
-
8 290
unemployment
-
-
-
199
surtax
-
-
-
4 282
pensions
-
-
-
23 355
other
-
-
-
-
total
-
-
-
66 209
Employee
29 465
-
104 088
-
other
-
-
-
-
income
4 940
-
26 974
-
health
752
-
2 655
-
unemployment
2 051
-
7 244
-
surtax
105
-
3 764
-
pensions
1 966
-
6 942
-
total
9 814
-
47 579
-
Employer
29 465
-
104 088
-
unemployment
935
-
3 299
-
pensions
3 928
-
13 876
-
other
-
-
-
-
health
1 340
-
4 737
-
total
6 203
-
21 912
-
Corporate
90 332
126 000
-
-
income
23 486
32 761
-
-
total
23 486
32 761
-
-
Dividends
66 846
93 239
-
-
withholding
10 027
13 985
-
-
total
10 027
13 985
-
-
Income
126 000
126 000
126 000
126 000
Total tax
49 530
46 746
69 491
66 209
After tax
76 470
79 254
56 509
59 791
Living cost
19 652
19 652
19 652
19 652
Free-cash
56 818
59 602
36 857
40 139

Estimated living cost  is ₽19652 per week

₽11865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽5387
₽36506
₽42163
₽41734
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
-
-
-
126 000
income
-
-
-
28 980
chamber of commerce
-
-