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
₽ 127000
per

Your estimated
City
free-cash

Valencia , Spain
₽45015
₽48519
₽61918
₽58110
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
-
-
-
127 000
income
-
-
-
32 267
accident
-
-
-
698
unemployment
-
-
-
542
pensions
-
-
-
21 918
other
-
-
-
78
total
-
-
-
55 503
Employee
30 897
-
102 309
-
other
30
-
78
-
income
5 957
-
29 398
-
unemployment
479
-
1 200
-
pensions
1 453
-
3 641
-
total
7 919
-
34 317
-
Employer
30 897
-
102 309
-
unemployment
1 700
-
4 259
-
pensions
7 291
-
18 278
-
other
247
-
620
-
accident
612
-
1 533
-
total
9 850
-
24 690
-
Corporate
86 253
127 000
-
-
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.

12 938
19 051
-
-
total
12 938
19 051
-
-
Dividends
73 315
107 949
-
-
withholding
15 205
23 053
-
-
total
15 205
23 053
-
-
Income
127 000
127 000
127 000
127 000
Total tax
45 912
42 104
59 007
55 503
After tax
81 088
84 896
67 993
71 497
Living cost
22 978
22 978
22 978
22 978
Free-cash
58 110
61 918
45 015
48 519

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
₽50194
₽44946
₽71042
₽65400
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
-
-
-
127 000
income
-
-
-
17 690
health
-
-
-
5 588
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.

-
-
-
30 479
other
-
-
-
6 032
total
-
-
-
59 789
Employee
30 340
-
101 435
-
income
5 223
-
19 439
-
health
425
-
1 421
-
unemployment
303
-
1 015
-
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
-
7 101
-
total
8 074
-
28 976
-
Employer
30 340
-
101 435
-
unemployment
303
-
1 015
-
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
-
17 244
-
other
1 518
-
5 073
-
accident
243
-
812
-
health
425
-
1 421
-
total
7 647
-
25 565
-
Corporate
89 014
127 000
-
-
income
18 692
26 670
-
-
total
18 692
26 670
-
-
Dividends
70 322
100 330
-
-
withholding
4 922
7 023
-
-
total
4 922
7 023
-
-
Income
127 000
127 000
127 000
127 000
Total tax
39 335
33 693
54 541
59 789
After tax
87 665
93 307
72 459
67 211
Living cost
22 265
22 265
22 265
22 265
Free-cash
65 400
71 042
50 194
44 946

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
₽94005
₽89239
₽97652
₽93779
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
-
-
-
127 000
income
-
-
-
19 050
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
-
-
-
26 828
Employee
14 477
-
121 285
-
income
1 447
-
12 129
-
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
-
16 347
-
Employer
14 477
-
121 285
-
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
109 682
127 000
-
-
income
10 968
12 700
-
-
total
10 968
12 700
-
-
Dividends
98 714
114 300
-
-
withholding
4 936
5 715
-
-
total
4 936
5 715
-
-
Income
127 000
127 000
127 000
127 000
Total tax
22 288
18 415
22 062
26 828
After tax
104 712
108 585
104 938
100 172
Living cost
10 933
10 933
10 933
10 933
Free-cash
93 779
97 652
94 005
89 239

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
₽43463
₽43306
₽35421
₽40350
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
-
-
-
127 000
income
-
-
-
18 240
social contributions
-
-
-
3 619
health
-
-
-
4 740
surtax
-
-
-
-
pensions
-
-
-
24 569
other
-
-
-
3 937
total
-
-
-
55 105
Employee
35 762
-
99 537
-
income
2 111
-
18 248
-
social contributions
1 020
-
2 835
-
surtax
-
-
-
-
pensions
4 044
-
6 403
-
total
7 175
-
27 486
-
Employer
35 762
-
99 537
-
unemployment
1 448
-
4 031
-
social contributions
108
-
298
-
pensions
5 875
-
10 874
-
other
1 234
-
3 662
-
health
2 504
-
8 597
-
total
11 169
-
27 462
-
Corporate
80 070
127 000
-
-
income
22 420
35 559
-
-
surtax
-
-
-
-
total
22 420
35 559
-
-
Dividends
57 649
91 441
-
-
withholding
7 380
11 704
-
-
surtax
-
-
-
-
social contributions
9 917
15 727
-
-
total
17 297
27 431
-
-
Income
127 000
127 000
127 000
127 000
Total tax
58 061
62 990
54 948
55 105
After tax
68 939
64 010
72 052
71 895
Living cost
28 589
28 589
28 589
28 589
Free-cash
40 350
35 421
43 463
43 306

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
₽42151
₽36514
₽27574
₽22453
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
-
-
-
127 000
income
-
-
-
35 388
health
-
-
-
10 304
pensions
-
-
-
9 790
total
-
-
-
55 482
Employee
71 357
71 357
111 471
-
income

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

11 680
11 680
14 222
-
health
10 952
9 316
10 304
-
pensions
12 844
9 790
9 790
-
total
35 476
30 786
34 316
-
Employer
71 357
71 357
111 471
-
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
44 023
43 148
-
-
income
8 805
8 629
-
-
total
8 805
8 629
-
-
Dividends
35 218
34 519
-
-
withholding
5 282
5 177
-
-
income
7 485
7 335
-
-
total
12 767
12 512
-
-
Income
127 000
127 000
127 000
127 000
Total tax
69 543
64 422
49 845
55 482
After tax
57 457
62 578
77 155
71 518
Living cost
35 004
35 004
35 004
35 004
Free-cash
22 453
27 574
42 151
36 514

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
₽56927
₽43043
₽38778
₽48021
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.

-
-
-
127 000
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.

-
-
-
37 018
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
-
-
-
13 884
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.

-
-
-
2 036
total
-
-
-
58 647
Employee

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

31 960
-
127 000
-
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
-
37 018
-
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
-
2 036
-
total
6 651
-
44 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 040
127 000
-
-
chamber of commerce
263
309
-
-
income
14 255
19 051
-
-
surtax

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

783
1 048
-
-
trade
14 969
20 002
-
-
total
30 270
40 410
-
-
Dividends
64 769
86 590
-
-
withholding
15 874
21 329
-
-
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.

874
1 173
-
-
total
16 748
22 502
-
-
Income
127 000
127 000
127 000
127 000
Total tax
53 669
62 912
44 763
58 647
After tax
73 331
64 088
82 237
68 353
Living cost
25 310
25 310
25 310
25 310
Free-cash
48 021
38 778
56 927
43 043

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
₽67297
₽68469
₽73367
₽68821
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
-
-
-
127 000
income
-
-
-
22 427
social contributions
-
-
-
13 520
health
-
-
-
3 238
total
-
-
-
39 185
Employee
64 253
64 253
117 632
-
income
6 996
5 948
21 795
-
social contributions
2 429
5 333
7 193
-
health
498
1 093
2 000
-
total
9 923
12 374
30 988
-
Employer
64 253
64 253
117 632
-
social contributions
2 429
5 333
7 193
-
health
541
1 189
2 176
-
total
2 970
6 522
9 369
-
Corporate
94 760
56 225
-
-
income
11 845
7 028
-
-
total
11 845
7 028
-
-
Dividends
82 915
49 197
-
-
withholding
14 095
8 363
-
-
total
14 095
8 363
-
-
Income
127 000
127 000
127 000
127 000
Total tax
38 833
34 287
40 357
39 185
After tax
88 167
92 713
86 643
87 815
Living cost
19 346
19 346
19 346
19 346
Free-cash
68 821
73 367
67 297
68 469

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
₽33471
₽42514
₽46028
₽45186
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.

-
-
-
127 000
income
-
-
-
14 143
social contributions

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

-
-
-
44 133
surtax
-
-
-
-
total
-
-
-
58 276
Employee
38 431
-
102 626
-
income
7 994
-
31 656
-
social contributions
4 227
-
11 289
-
surtax
-
-
-
-
total
12 221
-
42 945
-
Employer
38 431
-
102 626
-
social contributions
9 127
-
24 374
-
total
9 127
-
24 374
-
Corporate
79 442
127 000
-
-
income
16 683
26 670
-
-
surtax
-
-
-
-
total
16 683
26 670
-
-
Dividends
62 759
100 330
-
-
withholding
17 573
28 092
-
-
total
17 573
28 092
-
-
Income
127 000
127 000
127 000
127 000
Total tax
55 604
54 762
67 319
58 276
After tax
71 396
72 238
59 681
68 724
Living cost
26 210
26 210
26 210
26 210
Free-cash
45 186
46 028
33 471
42 514

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
₽95371
₽119501
₽114421
₽113253
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%.

-
-
-
127 000
microenterprise

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

-
-
-
1 270
total
-
-
-
1 270
Employee
7 786
-
127 000
-
income
1 557
-
25 400
-
total
1 557
-
25 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

119 214
127 000
-
-
total
-
-
-
-
Dividends
119 214
127 000
-
-
withholding
5 961
6 350
-
-
total
5 961
6 350
-
-
Income
127 000
127 000
127 000
127 000
Total tax
7 518
6 350
25 400
1 270
After tax
119 482
120 650
101 600
125 730
Living cost
6 229
6 229
6 229
6 229
Free-cash
113 253
114 421
95 371
119 501

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
₽37274
₽40640
₽65027
₽58037
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.

-
-
-
127 000
income
-
-
-
28 066
health
-
-
-
12 497
unemployment
-
-
-
190
pensions
-
-
-
23 194
total
-
-
-
63 947
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
-
109 890
-
income
6 372
-
25 916
-
health
2 386
-
7 099
-
unemployment
52
-
154
-
pensions
5 728
-
17 034
-
total
14 538
-
50 203
-
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
-
109 890
-
unemployment
22
-
67
-
pensions
3 270
-
9 725
-
health
2 461
-
7 318
-
total
5 753
-
17 110
-
Corporate
84 297
127 000
-
-
income
16 017
24 130
-
-
total
16 017
24 130
-
-
Dividends
68 280
102 870
-
-
withholding
10 242
15 430
-
-
total
10 242
15 430
-
-
Income
127 000
127 000
127 000
127 000
Total tax
46 550
39 560
67 313
63 947
After tax
80 450
87 440
59 687
63 053
Living cost
22 413
22 413
22 413
22 413
Free-cash
58 037
65 027
37 274
40 640

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
₽61199
₽67415
₽47803
₽50723
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.

-
-
-
127 000
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
-
123 156
-
social contributions
3 841
-
3 844
-
income
4 159
-
27 781
-
total
8 000
-
31 625
-
Employer
38 332
-
123 156
-
social contributions
3 841
-
3 844
-
total
3 841
-
3 844
-
Corporate
84 827
127 000
-
-
income
29 689
44 450
-
-
total
29 689
44 450
-
-
Dividends
55 138
82 550
-
-
social contributions
4 415
4 415
-
-
total
4 415
4 415
-
-
Income
127 000
127 000
127 000
127 000
Total tax
45 945
48 865
35 469
29 253
After tax
81 055
78 135
91 531
97 747
Living cost
30 332
30 332
30 332
30 332
Free-cash
50 723
47 803
61 199
67 415

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
₽61814
₽63839
₽59760
₽60197
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
-
-
-
127 000
income
-
-
-
19 051
social contributions
-
-
-
17 527
health
-
-
-
8 864
total
-
-
-
45 442
Employee
28 332
-
127 000
-
income
4 725
-
21 076
-
social contributions
3 910
-
17 527
-
health
1 977
-
8 864
-
total
10 612
-
47 467
-
Employer
28 332
-
127 000
-
total
-
-
-
-
Corporate
98 668
127 000
-
-
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%.

4 933
6 351
-
-
total
4 933
6 351
-
-
Dividends
93 735
120 649
-
-
withholding
14 060
18 098
-
-
health
6 543
8 422
-
-
social contributions
12 936
16 650
-
-
total
33 539
43 170
-
-
Income
127 000
127 000
127 000
127 000
Total tax
49 084
49 521
47 467
45 442
After tax
77 916
77 479
79 533
81 558
Living cost
17 719
17 719
17 719
17 719
Free-cash
60 197
59 760
61 814
63 839

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
₽42300
₽47785
₽64559
₽56397
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
-
-
-
127 000
income
-
-
-
12 470
social contributions
-
-
-
26 719
solidarity contribution
-
-
-
-
health
-
-
-
17 145
total
-
-
-
56 334
Employee
33 648
-
95 527
-
solidarity contribution
-
-
-
-
income
4 038
-
11 502
-
social contributions
2 187
-
5 948
-
health
4 542
-
12 896
-
total
10 767
-
30 346
-
Employer
33 648
-
95 527
-
social contributions
8 412
-
22 876
-
health
3 028
-
8 597
-
total
11 440
-
31 473
-
Corporate
81 912
127 000
-
-
income
15 563
24 130
-
-
total
15 563
24 130
-
-
Dividends
66 348
102 870
-
-
withholding
9 952
15 430
-
-
total
9 952
15 430
-
-
Income
127 000
127 000
127 000
127 000
Total tax
47 722
39 560
61 819
56 334
After tax
79 278
87 440
65 181
70 666
Living cost
22 881
22 881
22 881
22 881
Free-cash
56 397
64 559
42 300
47 785

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
₽91893
₽116023
₽110943
₽109123
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%.

-
-
-
127 000
microenterprise

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

-
-
-
1 270
total
-
-
-
1 270
Employee
12 134
-
127 000
-
income
2 427
-
25 400
-
total
2 427
-
25 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

114 866
127 000
-
-
total
-
-
-
-
Dividends
114 866
127 000
-
-
withholding
5 743
6 350
-
-
total
5 743
6 350
-
-
Income
127 000
127 000
127 000
127 000
Total tax
8 170
6 350
25 400
1 270
After tax
118 830
120 650
101 600
125 730
Living cost
9 707
9 707
9 707
9 707
Free-cash
109 123
110 943
91 893
116 023

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
₽31694
₽31537
₽23652
₽29396
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
-
-
-
127 000
income
-
-
-
18 240
social contributions
-
-
-
3 619
health
-
-
-
4 740
surtax
-
-
-
-
pensions
-
-
-
24 569
other
-
-
-
3 937
total
-
-
-
55 105
Employee
52 335
-
99 537
-
income
4 566
-
18 248
-
social contributions
1 491
-
2 835
-
surtax
-
-
-
-
pensions
5 919
-
6 403
-
total
11 976
-
27 486
-
Employer
52 335
-
99 537
-
unemployment
2 120
-
4 031
-
social contributions
157
-
298
-
pensions
8 599
-
10 874
-
other
1 806
-
3 662
-
health
3 663
-
8 597
-
total
16 345
-
27 462
-
Corporate
58 320
127 000
-
-
income
16 330
35 559
-
-
surtax
-
-
-
-
total
16 330
35 559
-
-
Dividends
41 990
91 441
-
-
withholding
5 374
11 704
-
-
surtax
-
-
-
-
social contributions
7 221
15 727
-
-
total
12 595
27 431
-
-
Income
127 000
127 000
127 000
127 000
Total tax
57 246
62 990
54 948
55 105
After tax
69 754
64 010
72 052
71 895
Living cost
40 358
40 358
40 358
40 358
Free-cash
29 396
23 652
31 694
31 537

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
₽61059
₽61061
₽77354
₽73257
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.

-
-
-
127 000
income
-
-
-
28 271
health
-
-
-
6 339
unemployment
-
-
-
923
pensions
-
-
-
16 003
total
-
-
-
51 536
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
-
115 983
-
income
2 994
-
28 271
-
health
1 118
-
3 170
-
unemployment
163
-
462
-
pensions
3 041
-
8 617
-
total
7 316
-
40 520
-
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
-
115 983
-
unemployment
163
-
462
-
pensions
2 606
-
7 386
-
health
1 118
-
3 170
-
total
3 887
-
11 018
-
Corporate
101 394
127 000
-
-
income
15 209
19 050
-
-
total
15 209
19 050
-
-
Dividends
86 185
107 950
-
-
withholding
12 928
16 193
-
-
total
12 928
16 193
-
-
Income
127 000
127 000
127 000
127 000
Total tax
39 340
35 243
51 538
51 536
After tax
87 660
91 757
75 462
75 464
Living cost
14 403
14 403
14 403
14 403
Free-cash
73 257
77 354
61 059
61 061

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
₽38851
₽44875
-₽254
₽24702
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
-
-
-
127 000
regional
-
-
-
6 073
national
-
-
-
1 873
health
-
-
-
286
city
-
-
-
1 339
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.

-
-
-
2 541
pensions
-
-
-
11 685
total
-
-
-
23 797
Employee
68 258
-
113 670
-
regional
2 235
-
5 252
-
city
733
-
1 221
-
health
154
-
256
-
unemployment
-
-
-
-
national
323
-
1 464
-
pensions
5 735
-
9 549
-
total
9 180
-
17 742
-
Employer
68 258
-
113 670
-
unemployment
-
-
-
-
pensions
5 735
-
9 549
-
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
-
2 274
-
health
154
-
256
-
total
7 254
-
12 079
-
Corporate
50 737
127 000
-
-
regional
10 731
26 860
-
-
national
4 313
10 795
-
-
total
15 044
37 655
-
-
Dividends
35 694
89 344
-
-
withholding
12 492
31 271
-
-
total
12 492
31 271
-
-
Income
127 000
127 000
127 000
127 000
Total tax
43 970
68 926
29 821
23 797
After tax
83 030
58 074
97 179
103 203
Living cost
58 328
58 328
58 328
58 328
Free-cash
24 702
-254
38 851
44 875

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
₽35823
₽52766
₽48753
₽50369
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

-
-
-
127 000
municipal
-
-
-
22 571
national
-
-
-
17 976
health
-
-
-
1 606
total
-
-
-
42 153
Employee
43 962
-
106 839
-
health
328
-
1 297
-
unemployment
660
-
1 603
-
national
726
-
11 412
-
municipal
7 201
-
17 411
-
pensions
2 967
-
7 212
-
total
11 882
-
38 935
-
Employer
43 962
-
106 839
-
unemployment
285
-
695
-
pensions
7 627
-
18 537
-
accident
44
-
106
-
health
338
-
823
-
total
8 294
-
20 161
-
Corporate
74 743
127 000
-
-
income
14 948
25 400
-
-
total
14 948
25 400
-
-
Dividends

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

44 846
76 200
-
-
national
1 353
7 050
-
-
municipal
8 073
13 716
-
-
total
9 426
20 766
-
-
Income
127 000
127 000
127 000
127 000
Total tax
44 550
46 166
59 096
42 153
After tax
82 450
80 834
67 904
84 847
Living cost
32 081
32 081
32 081
32 081
Free-cash
50 369
48 753
35 823
52 766

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
₽15373
₽24908
₽40602
₽28070
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
-
-
-
127 000
national
-
-
-
45 376
social contributions
-
-
-
19 817
communal

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

-
-
-
6 432
total
-
-
-
71 625
Employee

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

59 771
-
98 367
-
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
-
4 622
-
communal

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

3 117
-
5 131
-
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
-
856
-
national
18 376
-
34 540
-
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
-
7 378
-
total
29 304
-
52 527
-
Employer

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

59 771
-
98 367
-
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
-
1 437
-
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
-
8 715
-
surtax
6 777
-
11 154
-
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
-
1 278
-
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
-
6 049
-
total
17 398
-
28 633
-
Corporate
49 831
127 000
-
-
income
9 966
25 400
-
-
surtax
200
507
-
-
total
10 166
25 907
-
-
Dividends
39 665
101 093
-
-
withholding

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

11 595
30 024
-
-
total
11 595
30 024
-
-
Income
127 000
127 000
127 000
127 000
Total tax
68 463
55 931
81 160
71 625
After tax
58 537
71 069
45 840
55 375
Living cost
30 467
30 467
30 467
30 467
Free-cash
28 070
40 602
15 373
24 908

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
₽31367
₽32206
₽34747
₽33969
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
-
-
-
127 000
municipal
-
-
-
31 321
national
-
-
-
6 913
health
-
-
-
4 731
accident
-
-
-
152
unemployment
-
-
-
76
pensions
-
-
-
8 196
other
-
-
-
8 810
total
-
-
-
60 199
Employee
49 295
-
103 177
-
national
-
-
6 448
-
municipal
14 700
-
30 767
-
total
14 700
-
37 215
-
Employer
49 295
-
103 177
-
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
62 216
127 000
-
-
income
13 688
27 940
-
-
total
13 688
27 940
-
-
Dividends
48 529
99 060
-
-
withholding
14 559
29 718
-
-
total
14 559
29 718
-
-
Income
127 000
127 000
127 000
127 000
Total tax
58 436
57 658
61 038
60 199
After tax
68 564
69 342
65 962
66 801
Living cost
34 595
34 595
34 595
34 595
Free-cash
33 969
34 747
31 367
32 206

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
₽77164
₽49575
₽39075
-₽4976
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
-
-
-
127 000
income
-
-
-
24 755
social contributions
-
-
-
14 478
total
-
-
-
39 233
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
-
127 000
-
-
income
-
27 940
-
-
total
-
27 940
-
-
Dividends
-
99 060
-
-
income
-
21 793
-
-
total
-
21 793
-
-
Income
127 000
127 000
127 000
127 000
Total tax
93 784
49 733
11 644
39 233
After tax
33 216
77 267
115 356
87 767
Living cost
38 192
38 192
38 192
38 192
Free-cash
-4 976
39 075
77 164
49 575

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
₽59540
₽60712
₽65610
₽62147
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
-
-
-
127 000
income
-
-
-
22 427
social contributions
-
-
-
13 520
health
-
-
-
3 238
total
-
-
-
39 185
Employee
64 253
64 253
117 632
-
income
6 747
5 948
21 795
-
social contributions
3 122
5 333
7 193
-
health
639
1 093
2 000
-
total
10 508
12 374
30 988
-
Employer
64 253
64 253
117 632
-
social contributions
3 122
5 333
7 193
-
health
696
1 189
2 176
-
total
3 818
6 522
9 369
-
Corporate
85 571
56 225
-
-
income
10 696
7 028
-
-
total
10 696
7 028
-
-
Dividends
74 875
49 197
-
-
withholding
12 728
8 363
-
-
total
12 728
8 363
-
-
Income
127 000
127 000
127 000
127 000
Total tax
37 750
34 287
40 357
39 185
After tax
89 250
92 713
86 643
87 815
Living cost
27 103
27 103
27 103
27 103
Free-cash
62 147
65 610
59 540
60 712

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
₽43577
₽55164
₽54628
₽59461
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
-
-
-
127 000
income
-
-
-
34 520
pensions
-
-
-
7 007
total
-
-
-
41 527
Employee
41 604
-
111 096
-
income
7 576
-
26 794
-
health
543
-
1 675
-
pensions
3 175
-
8 741
-
total
11 294
-
37 210
-
Employer
41 604
-
111 096
-
pensions
4 203
-
13 792
-
health
791
-
2 112
-
total
4 994
-
15 904
-
Corporate
80 402
127 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

15 277
24 129
-
-
total
15 277
24 129
-
-
Dividends
65 125
102 871
-
-
withholding
5 665
17 934
-
-
total
5 665
17 934
-
-
Income
127 000
127 000
127 000
127 000
Total tax
37 230
42 063
53 114
41 527
After tax
89 770
84 937
73 886
85 473
Living cost
30 309
30 309
30 309
30 309
Free-cash
59 461
54 628
43 577
55 164

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
₽21440
₽27086
₽33608
₽29806
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
-
-
-
127 000
municipal
-
-
-
848
regional
-
-
-
2 887
national
-
-
-
30 227
social contributions
-
-
-
32 664
total
-
-
-
66 626
Employee
70 413
-
127 000
-
regional
1 063
-
2 538
-
social contributions
23 743
-
42 825
-
national
11 899
-
26 151
-
municipal
420
-
758
-
total
37 125
-
72 272
-
Employer
70 413
-
127 000
-
total
-
-
-
-
Corporate
56 587
127 000
-
-
nationa
13 582
30 480
-
-
municipal
2 727
6 121
-
-
total
16 309
36 601
-
-
Dividends
40 278
90 399
-
-
withholding
10 472
23 503
-
-
total
10 472
23 503
-
-
Income
127 000
127 000
127 000
127 000
Total tax
63 906
60 104
72 272
66 626
After tax
63 094
66 896
54 728
60 374
Living cost
33 288
33 288
33 288
33 288
Free-cash
29 806
33 608
21 440
27 086

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
₽51043
₽69379
-₽7198
₽7606
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
-
-
-
127 000
income
-
-
-
34 600
health
-
-
-
1 733
accident
-
-
-
201
pensions
-
-
-
3 307
other
-
-
-
295
total
-
-
-
40 136
Employee
27 504
-
113 565
-
income
3 773
-
25 971
-
health
3 149
-
13 003
-
pensions
3 097
-
6 064
-
total
10 019
-
45 038
-
Employer
27 504
-
113 565
-
unemployment
674
-
2 782
-
pensions
4 472
-
8 756
-
accident
459
-
1 896
-
total
5 605
-
13 434
-
Corporate
93 890
127 000
-
-
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.

84 501
114 300
-
-
total
84 501
114 300
-
-
Dividends
9 389
12 700
-
-
withholding
1 784
2 413
-
-
total
1 784
2 413
-
-
Income
127 000
127 000
127 000
127 000
Total tax
101 909
116 713
58 472
40 136
After tax
25 091
10 287
68 528
86 864
Living cost
17 485
17 485
17 485
17 485
Free-cash
7 606
-7 198
51 043
69 379

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
₽49977
₽37328
₽33135
₽44064
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.

-
-
-
127 000
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.

-
-
-
37 018
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
-
-
-
12 649
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.

-
-
-
2 036
total
-
-
-
57 412
Employee

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

41 576
-
127 000
-
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
-
37 018
-
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
-
2 036
-
total
9 317
-
44 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 424
127 000
-
-
chamber of commerce
252
312
-
-
income
12 814
19 051
-
-
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.

704
1 048
-
-
trade
12 259
18 224
-
-
total
26 029
38 635
-
-
Dividends
59 395
88 364
-
-
withholding
14 531
21 773
-
-
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.

799
1 197
-
-
total
15 330
22 970
-
-
Income
127 000
127 000
127 000
127 000
Total tax
50 676
61 605
44 763
57 412
After tax
76 324
65 395
82 237
69 588
Living cost
32 260
32 260
32 260
32 260
Free-cash
44 064
33 135
49 977
37 328

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
₽59751
₽24322
₽84216
₽77362
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.

-
-
-
127 000
microenterprise
-
-
-
-
income
-
-
-
20 894
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
-
-
-
32 385
total
-
-
-
85 294
Employee
24 417
-
91 463
-
income
4 346
-
17 771
-
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
-
10 061
-
surtax
-
-
-
-
total
7 032
-
27 832
-
Employer
24 417
-
91 463
-
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
-
22 033
-
surtax
-
-
-
-
total
5 881
-
22 033
-
Corporate
96 702
127 000
-
-
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%.

19 341
25 400
-
-
total
19 341
25 400
-
-
Dividends

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

77 361
101 600
-
-
total
-
-
-
-
Income
127 000
127 000
127 000
127 000
Total tax
32 254
25 400
49 865
85 294
After tax
94 746
101 600
77 135
41 706
Living cost
17 384
17 384
17 384
17 384
Free-cash
77 362
84 216
59 751
24 322

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
₽64635
₽65404
₽68446
₽66670
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
-
-
-
127 000
income
-
-
-
37 202
health
-
-
-
5 713
pensions
-
-
-
7 879
total
-
-
-
50 794
Employee
16 453
-
118 136
-
income
3 183
-
36 788
-
health
823
-
1 970
-
unemployment
165
-
394
-
pensions
1 481
-
3 546
-
total
5 652
-
42 698
-
Employer
16 453
-
118 136
-
unemployment
329
-
788
-
pensions
1 810
-
4 334
-
health
1 563
-
3 743
-
total
3 702
-
8 865
-
Corporate
106 845
127 000
-
-
income
23 506
27 940
-
-
total
23 506
27 940
-
-
Dividends
83 339
99 060
-
-
withholding
16 668
19 812
-
-
total
16 668
19 812
-
-
Income
127 000
127 000
127 000
127 000
Total tax
49 528
47 752
51 563
50 794
After tax
77 472
79 248
75 437
76 206
Living cost
10 802
10 802
10 802
10 802
Free-cash
66 670
68 446
64 635
65 404

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
₽37392
₽41502
₽61114
₽58457
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
-
-
-
127 000
income
-
-
-
31 730
health
-
-
-
7 917
unemployment
-
-
-
190
surtax
-
-
-
4 589
pensions
-
-
-
22 304
other
-
-
-
-
total
-
-
-
66 730
Employee
28 140
-
104 916
-
other
-
-
-
-
income
4 717
-
27 839
-
health
718
-
2 677
-
unemployment
1 958
-
7 302
-
surtax
100
-
3 940
-
pensions
1 877
-
6 998
-
total
9 370
-
48 756
-
Employer
28 140
-
104 916
-
unemployment
893
-
3 325
-
pensions
3 752
-
13 986
-
other
-
-
-
-
health
1 280
-
4 773
-
total
5 925
-
22 084
-
Corporate
92 936
127 000
-
-
income
24 163
33 021
-
-
total
24 163
33 021
-
-
Dividends
68 773
93 979
-
-
withholding
10 317
14 097
-
-
total
10 317
14 097
-
-
Income
127 000
127 000
127 000
127 000
Total tax
49 775
47 118
70 840
66 730
After tax
77 225
79 882
56 160
60 270
Living cost
18 768
18 768
18 768
18 768
Free-cash
58 457
61 114
37 392
41 502

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
₽6480
₽38634
₽43892
₽43479
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
-
-
-
127 000
income
-
-
-
30 549
chamber of commerce
-
-