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
₽ 128000
per

Your estimated
City
free-cash

Valencia , Spain
₽44215
₽48084
₽61595
₽57524
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
-
-
-
128 000
income
-
-
-
31 568
accident
-
-
-
730
unemployment
-
-
-
567
pensions
-
-
-
22 930
other
-
-
-
81
total
-
-
-
55 876
Employee
32 324
-
102 168
-
other
32
-
81
-
income
6 232
-
28 767
-
unemployment
501
-
1 256
-
pensions
1 520
-
3 809
-
total
8 285
-
33 913
-
Employer
32 324
-
102 168
-
unemployment
1 778
-
4 456
-
pensions
7 628
-
19 123
-
other
259
-
649
-
accident
640
-
1 604
-
total
10 305
-
25 832
-
Corporate
85 370
128 000
-
-
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.

12 806
19 199
-
-
total
12 806
19 199
-
-
Dividends
72 564
108 801
-
-
withholding
15 040
23 166
-
-
total
15 040
23 166
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 436
42 365
59 745
55 876
After tax
81 564
85 635
68 255
72 124
Living cost
24 040
24 040
24 040
24 040
Free-cash
57 524
61 595
44 215
48 084

Estimated living cost  is ₽24040 per week

₽16226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
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
₽49873
₽44582
₽70747
₽64842
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
-
-
-
128 000
income
-
-
-
17 693
health
-
-
-
5 632
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.

-
-
-
30 719
other
-
-
-
6 080
total
-
-
-
60 124
Employee
31 741
-
102 236
-
income
5 465
-
19 458
-
health
445
-
1 432
-
unemployment
317
-
1 022
-
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.

2 221
-
7 157
-
total
8 448
-
29 069
-
Employer
31 741
-
102 236
-
unemployment
317
-
1 022
-
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.

5 397
-
17 381
-
other
1 588
-
5 111
-
accident
254
-
818
-
health
445
-
1 432
-
total
8 001
-
25 764
-
Corporate
88 259
128 000
-
-
income
18 534
26 880
-
-
total
18 534
26 880
-
-
Dividends
69 725
101 120
-
-
withholding
4 881
7 079
-
-
total
4 881
7 079
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 864
33 959
54 833
60 124
After tax
88 136
94 041
73 167
67 876
Living cost
23 294
23 294
23 294
23 294
Free-cash
64 842
70 747
49 873
44 582

Estimated living cost  is ₽23294 per week

₽16459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
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.
₽4887
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
₽93947
₽89207
₽97991
₽93935
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
-
-
-
128 000
income
-
-
-
19 200
health
-
-
-
3 508
unemployment
-
-
-
122
pensions

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

-
-
-
4 514
total
-
-
-
27 344
Employee
15 160
-
122 016
-
income
1 516
-
12 202
-
health
697
-
1 403
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
pensions

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

1 331
-
2 678
-
total
3 711
-
16 619
-
Employer
15 160
-
122 016
-
unemployment
91
-
183
-
pensions

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

1 671
-
3 361
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
health
1 046
-
2 105
-
total
2 975
-
5 985
-
Corporate
109 866
128 000
-
-
income
10 986
12 800
-
-
total
10 986
12 800
-
-
Dividends
98 880
115 200
-
-
withholding
4 944
5 760
-
-
total
4 944
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
22 616
18 560
22 604
27 344
After tax
105 384
109 440
105 396
100 656
Living cost
11 449
11 449
11 449
11 449
Free-cash
93 935
97 991
93 947
89 207

Estimated living cost  is ₽11449 per week

₽6684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽303
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.
₽3644
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
₽43339
₽42644
₽34603
₽39768
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
-
-
-
128 000
income
-
-
-
17 930
social contributions
-
-
-
3 646
health
-
-
-
4 602
surtax
-
-
-
-
pensions
-
-
-
25 301
other
-
-
-
3 968
total
-
-
-
55 447
Employee
37 415
-
100 634
-
income
2 208
-
18 172
-
social contributions
1 067
-
2 867
-
surtax
-
-
-
-
pensions
4 230
-
6 346
-
total
7 505
-
27 385
-
Employer
37 415
-
100 634
-
unemployment
1 515
-
4 076
-
social contributions
113
-
302
-
pensions
6 146
-
10 800
-
other
1 291
-
3 649
-
health
2 620
-
8 540
-
total
11 685
-
27 367
-
Corporate
78 901
128 000
-
-
income
22 092
35 840
-
-
surtax
-
-
-
-
total
22 092
35 840
-
-
Dividends
56 809
92 160
-
-
withholding
7 271
11 797
-
-
surtax
-
-
-
-
social contributions
9 770
15 851
-
-
total
17 041
27 648
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 323
63 488
54 752
55 447
After tax
69 677
64 512
73 248
72 553
Living cost
29 909
29 909
29 909
29 909
Free-cash
39 768
34 603
43 339
42 644

Estimated living cost  is ₽29909 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽8111
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
₽40529
₽35853
₽26363
₽21007
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
-
-
-
128 000
income
-
-
-
34 503
health
-
-
-
10 780
pensions
-
-
-
10 242
total
-
-
-
55 525
Employee
74 653
74 653
111 754
-
income

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

12 220
12 220
13 582
-
health
11 458
9 746
10 780
-
pensions
13 438
10 242
10 242
-
total
37 116
32 208
34 604
-
Employer
74 653
74 653
111 754
-
unemployment
2 688
2 688
3 339
-
pensions
5 196
5 196
6 458
-
health
5 189
5 189
6 448
-
total
13 073
13 073
16 245
-
Corporate
41 190
40 274
-
-
income
8 238
8 054
-
-
total
8 238
8 054
-
-
Dividends
32 951
32 220
-
-
withholding
4 942
4 833
-
-
income
7 002
6 847
-
-
total
11 944
11 680
-
-
Income
128 000
128 000
128 000
128 000
Total tax
70 371
65 015
50 849
55 525
After tax
57 629
62 985
77 151
72 475
Living cost
36 622
36 622
36 622
36 622
Free-cash
21 007
26 363
40 529
35 853

Estimated living cost  is ₽36622 per week

₽25953
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.
₽582
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.
₽6785
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
₽56847
₽43089
₽38122
₽47792
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.

-
-
-
128 000
income

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

-
-
-
36 685
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.

-
-
-
5 972
trade
-
-
-
13 758
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.

-
-
-
2 017
total
-
-
-
58 432
Employee

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

33 437
-
128 000
-
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.

934
-
36 685
-
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.

5 972
-
5 972
-
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
-
2 017
-
total
6 957
-
44 674
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 563
128 000
-
-
chamber of commerce
269
317
-
-
income
14 184
19 199
-
-
surtax

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

780
1 057
-
-
trade
14 894
20 160
-
-
total
30 127
40 733
-
-
Dividends
64 437
87 267
-
-
withholding
15 777
21 485
-
-
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.

868
1 181
-
-
total
16 645
22 666
-
-
Income
128 000
128 000
128 000
128 000
Total tax
53 729
63 399
44 674
58 432
After tax
74 271
64 601
83 326
69 568
Living cost
26 479
26 479
26 479
26 479
Free-cash
47 792
38 122
56 847
43 089

Estimated living cost  is ₽26479 per week

₽16656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
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.
₽6241
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
₽67353
₽68551
₽73222
₽68463
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
-
-
-
128 000
income
-
-
-
21 802
social contributions
-
-
-
14 144
health
-
-
-
3 263
total
-
-
-
39 209
Employee
67 222
67 222
118 287
-
income
7 319
6 223
21 158
-
social contributions
2 542
5 579
7 525
-
health
521
1 143
2 011
-
total
10 382
12 945
30 694
-
Employer
67 222
67 222
118 287
-
social contributions
2 542
5 579
7 525
-
health
566
1 244
2 188
-
total
3 108
6 823
9 713
-
Corporate
94 271
53 955
-
-
income
11 784
6 744
-
-
total
11 784
6 744
-
-
Dividends
82 487
47 211
-
-
withholding
14 023
8 026
-
-
total
14 023
8 026
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 297
34 538
40 407
39 209
After tax
88 703
93 462
87 593
88 791
Living cost
20 240
20 240
20 240
20 240
Free-cash
68 463
73 222
67 353
68 551

Estimated living cost  is ₽20240 per week

₽12130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1986
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.
₽5677
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
₽33092
₽42028
₽45385
₽44504
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.

-
-
-
128 000
income
-
-
-
14 071
social contributions

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

-
-
-
44 480
surtax
-
-
-
-
total
-
-
-
58 551
Employee
40 207
-
103 434
-
income
8 363
-
31 544
-
social contributions
4 423
-
11 377
-
surtax
-
-
-
-
total
12 786
-
42 921
-
Employer
40 207
-
103 434
-
social contributions
9 549
-
24 566
-
total
9 549
-
24 566
-
Corporate
78 244
128 000
-
-
income
16 432
26 880
-
-
surtax
-
-
-
-
total
16 432
26 880
-
-
Dividends
61 812
101 120
-
-
withholding
17 308
28 314
-
-
total
17 308
28 314
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 075
55 194
67 487
58 551
After tax
71 925
72 806
60 513
69 449
Living cost
27 421
27 421
27 421
27 421
Free-cash
44 504
45 385
33 092
42 028

Estimated living cost  is ₽27421 per week

₽20516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1617
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.
₽4829
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
₽96111
₽120431
₽115311
₽114132
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%.

-
-
-
128 000
microenterprise

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

-
-
-
1 280
total
-
-
-
1 280
Employee
7 861
-
128 000
-
income
1 572
-
25 600
-
total
1 572
-
25 600
-
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%.

120 139
128 000
-
-
total
-
-
-
-
Dividends
120 139
128 000
-
-
withholding
6 007
6 400
-
-
total
6 007
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
7 579
6 400
25 600
1 280
After tax
120 421
121 600
102 400
126 720
Living cost
6 289
6 289
6 289
6 289
Free-cash
114 132
115 311
96 111
120 431

Estimated living cost  is ₽6289 per week

₽3897
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.
₽1696
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
₽36997
₽40388
₽64681
₽57368
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.

-
-
-
128 000
income
-
-
-
28 001
health
-
-
-
12 595
unemployment
-
-
-
192
pensions
-
-
-
23 376
total
-
-
-
64 164
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.

38 658
-
110 755
-
income
6 666
-
25 835
-
health
2 497
-
7 155
-
unemployment
55
-
154
-
pensions
5 992
-
17 167
-
total
15 210
-
50 311
-
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.

38 658
-
110 755
-
unemployment
23
-
66
-
pensions
3 421
-
9 801
-
health
2 575
-
7 377
-
total
6 019
-
17 244
-
Corporate
83 324
128 000
-
-
income
15 832
24 320
-
-
total
15 832
24 320
-
-
Dividends
67 492
103 680
-
-
withholding
10 123
15 551
-
-
total
10 123
15 551
-
-
Income
128 000
128 000
128 000
128 000
Total tax
47 184
39 871
67 555
64 164
After tax
80 816
88 129
60 445
63 836
Living cost
23 448
23 448
23 448
23 448
Free-cash
57 368
64 681
36 997
40 388

Estimated living cost  is ₽23448 per week

₽16092
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.
₽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.
₽5400
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
₽60863
₽65670
₽46847
₽49903
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.

-
-
-
128 000
income
-
-
-
24 884
health

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

-
-
-
5 712
total
-
-
-
30 596
Employee
40 103
-
123 979
-
social contributions
4 018
-
4 021
-
income
4 351
-
27 361
-
total
8 369
-
31 382
-
Employer
40 103
-
123 979
-
social contributions
4 018
-
4 021
-
total
4 018
-
4 021
-
Corporate
83 879
128 000
-
-
income
29 357
44 800
-
-
total
29 357
44 800
-
-
Dividends
54 522
83 200
-
-
social contributions
4 619
4 619
-
-
total
4 619
4 619
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 363
49 419
35 403
30 596
After tax
81 637
78 581
92 597
97 404
Living cost
31 734
31 734
31 734
31 734
Free-cash
49 903
46 847
60 863
65 670

Estimated living cost  is ₽31734 per week

₽20903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
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.
₽7842
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
₽61787
₽63664
₽59556
₽60007
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
-
-
-
128 000
income
-
-
-
19 199
social contributions
-
-
-
17 665
health
-
-
-
8 935
total
-
-
-
45 799
Employee
29 641
-
128 000
-
income
4 944
-
21 076
-
social contributions
4 091
-
17 665
-
health
2 069
-
8 935
-
total
11 104
-
47 676
-
Employer
29 641
-
128 000
-
total
-
-
-
-
Corporate
98 359
128 000
-
-
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%.

4 917
6 400
-
-
total
4 917
6 400
-
-
Dividends
93 442
121 600
-
-
withholding
14 017
18 240
-
-
health
6 523
8 487
-
-
social contributions
12 895
16 780
-
-
total
33 435
43 507
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 456
49 907
47 676
45 799
After tax
78 544
78 093
80 324
82 201
Living cost
18 537
18 537
18 537
18 537
Free-cash
60 007
59 556
61 787
63 664

Estimated living cost  is ₽18537 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4560
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
₽41529
₽47001
₽64485
₽56051
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
-
-
-
128 000
income
-
-
-
12 467
social contributions
-
-
-
27 609
solidarity contribution
-
-
-
-
health
-
-
-
17 280
total
-
-
-
57 356
Employee
34 770
-
95 745
-
solidarity contribution
-
-
-
-
income
4 172
-
11 501
-
social contributions
2 260
-
6 146
-
health
4 694
-
12 926
-
total
11 126
-
30 573
-
Employer
34 770
-
95 745
-
social contributions
8 692
-
23 638
-
health
3 129
-
8 617
-
total
11 821
-
32 255
-
Corporate
81 409
128 000
-
-
income
15 468
24 320
-
-
total
15 468
24 320
-
-
Dividends
65 941
103 680
-
-
withholding
9 891
15 552
-
-
total
9 891
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 306
39 872
62 828
57 356
After tax
79 694
88 128
65 172
70 644
Living cost
23 643
23 643
23 643
23 643
Free-cash
56 051
64 485
41 529
47 001

Estimated living cost  is ₽23643 per week

₽17583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
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.
₽4342
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
₽92600
₽116920
₽111800
₽109963
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%.

-
-
-
128 000
microenterprise

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

-
-
-
1 280
total
-
-
-
1 280
Employee
12 251
-
128 000
-
income
2 450
-
25 600
-
total
2 450
-
25 600
-
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%.

115 749
128 000
-
-
total
-
-
-
-
Dividends
115 749
128 000
-
-
withholding
5 787
6 400
-
-
total
5 787
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
8 237
6 400
25 600
1 280
After tax
119 763
121 600
102 400
126 720
Living cost
9 800
9 800
9 800
9 800
Free-cash
109 963
111 800
92 600
116 920

Estimated living cost  is ₽9800 per week

₽6632
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.
₽2428
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
₽31025
₽30330
₽22289
₽28299
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
-
-
-
128 000
income
-
-
-
17 930
social contributions
-
-
-
3 646
health
-
-
-
4 602
surtax
-
-
-
-
pensions
-
-
-
25 301
other
-
-
-
3 968
total
-
-
-
55 447
Employee
54 753
-
100 634
-
income
4 777
-
18 172
-
social contributions
1 559
-
2 867
-
surtax
-
-
-
-
pensions
6 193
-
6 346
-
total
12 529
-
27 385
-
Employer
54 753
-
100 634
-
unemployment
2 218
-
4 076
-
social contributions
164
-
302
-
pensions
8 997
-
10 800
-
other
1 890
-
3 649
-
health
3 832
-
8 540
-
total
17 101
-
27 367
-
Corporate
56 146
128 000
-
-
income
15 720
35 840
-
-
surtax
-
-
-
-
total
15 720
35 840
-
-
Dividends
40 426
92 160
-
-
withholding
5 174
11 797
-
-
surtax
-
-
-
-
social contributions
6 954
15 851
-
-
total
12 128
27 648
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 478
63 488
54 752
55 447
After tax
70 522
64 512
73 248
72 553
Living cost
42 223
42 223
42 223
42 223
Free-cash
28 299
22 289
31 025
30 330

Estimated living cost  is ₽42223 per week

₽28576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
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.
₽9614
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
₽60219
₽60218
₽77406
₽73118
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.

-
-
-
128 000
income
-
-
-
28 359
health
-
-
-
6 635
unemployment
-
-
-
966
pensions
-
-
-
16 748
total
-
-
-
52 708
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.

22 730
-
116 469
-
income
3 133
-
28 359
-
health
1 171
-
3 317
-
unemployment
170
-
483
-
pensions
3 182
-
9 018
-
total
7 656
-
41 177
-
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.

22 730
-
116 469
-
unemployment
170
-
483
-
pensions
2 728
-
7 730
-
health
1 171
-
3 317
-
total
4 069
-
11 530
-
Corporate
101 201
128 000
-
-
income
15 180
19 200
-
-
total
15 180
19 200
-
-
Dividends
86 021
108 800
-
-
withholding
12 903
16 320
-
-
total
12 903
16 320
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 808
35 520
52 707
52 708
After tax
88 192
92 480
75 293
75 292
Living cost
15 074
15 074
15 074
15 074
Free-cash
73 118
77 406
60 219
60 218

Estimated living cost  is ₽15074 per week

₽10149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
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.
₽3322
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
₽37029
₽43245
-₽2568
₽23575
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
-
-
-
128 000
regional
-
-
-
5 973
national
-
-
-
1 708
health
-
-
-
289
city
-
-
-
1 350
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.

-
-
-
2 559
pensions
-
-
-
11 776
total
-
-
-
23 655
Employee
71 502
-
114 569
-
regional
2 341
-
5 177
-
city
767
-
1 230
-
health
162
-
257
-
unemployment
-
-
-
-
national
338
-
1 413
-
pensions
6 007
-
9 623
-
total
9 615
-
17 700
-
Employer
71 502
-
114 569
-
unemployment
-
-
-
-
pensions
6 007
-
9 623
-
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.

1 430
-
2 291
-
health
162
-
257
-
total
7 599
-
12 171
-
Corporate
48 113
128 000
-
-
regional
10 175
27 071
-
-
national
4 090
10 880
-
-
total
14 265
37 951
-
-
Dividends
33 848
90 049
-
-
withholding
11 846
31 517
-
-
total
11 846
31 517
-
-
Income
128 000
128 000
128 000
128 000
Total tax
43 325
69 468
29 871
23 655
After tax
84 675
58 532
98 129
104 345
Living cost
61 100
61 100
61 100
61 100
Free-cash
23 575
-2 568
37 029
43 245

Estimated living cost  is ₽61100 per week

₽39732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5483
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.
₽15134
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
₽35237
₽52772
₽48258
₽49833
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

-
-
-
128 000
municipal
-
-
-
22 751
national
-
-
-
17 308
health
-
-
-
1 606
total
-
-
-
41 665
Employee
45 994
-
107 679
-
health
343
-
1 294
-
unemployment
690
-
1 616
-
national
760
-
11 153
-
municipal
7 533
-
17 550
-
pensions
3 104
-
7 268
-
total
12 430
-
38 881
-
Employer
45 994
-
107 679
-
unemployment
299
-
700
-
pensions
7 980
-
18 682
-
accident
46
-
108
-
health
353
-
829
-
total
8 678
-
20 319
-
Corporate
73 328
128 000
-
-
income
14 665
25 600
-
-
total
14 665
25 600
-
-
Dividends

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

43 997
76 800
-
-
national
911
6 755
-
-
municipal
7 920
13 824
-
-
total
8 831
20 579
-
-
Income
128 000
128 000
128 000
128 000
Total tax
44 604
46 179
59 200
41 665
After tax
83 396
81 821
68 800
86 335
Living cost
33 563
33 563
33 563
33 563
Free-cash
49 833
48 258
35 237
52 772

Estimated living cost  is ₽33563 per week

₽21923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽7878
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
₽14642
₽24221
₽39764
₽26654
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
-
-
-
128 000
national
-
-
-
45 383
social contributions
-
-
-
20 044
communal

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

-
-
-
6 477
total
-
-
-
71 904
Employee

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

62 532
-
99 141
-
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.

2 938
-
4 658
-
communal

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

3 262
-
5 171
-
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.

544
-
863
-
national
19 225
-
34 497
-
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.

4 690
-
7 435
-
total
30 659
-
52 624
-
Employer

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

62 532
-
99 141
-
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.

912
-
1 448
-
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.

5 541
-
8 784
-
surtax
7 090
-
11 241
-
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.

813
-
1 289
-
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.

3 845
-
6 097
-
total
18 201
-
28 859
-
Corporate
47 265
128 000
-
-
income
9 453
25 600
-
-
surtax
189
513
-
-
total
9 642
26 113
-
-
Dividends
37 624
101 888
-
-
withholding

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

10 969
30 248
-
-
total
10 969
30 248
-
-
Income
128 000
128 000
128 000
128 000
Total tax
69 471
56 361
81 483
71 904
After tax
58 529
71 639
46 517
56 096
Living cost
31 875
31 875
31 875
31 875
Free-cash
26 654
39 764
14 642
24 221

Estimated living cost  is ₽31875 per week

₽20531
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.
₽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.
₽8058
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
₽30955
₽31843
₽34172
₽33369
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
-
-
-
128 000
municipal
-
-
-
31 407
national
-
-
-
6 358
health
-
-
-
4 884
accident
-
-
-
156
unemployment
-
-
-
78
pensions
-
-
-
8 462
other
-
-
-
9 096
total
-
-
-
60 441
Employee
50 892
-
103 405
-
national
-
-
5 899
-
municipal
15 176
-
30 836
-
total
15 176
-
36 735
-
Employer
50 892
-
103 405
-
unemployment
1 344
-
2 066
-
pensions
5 501
-
8 462
-
other
5 914
-
9 096
-
accident
102
-
156
-
health
3 130
-
4 814
-
total
15 991
-
24 594
-
Corporate
61 118
128 000
-
-
income
13 446
28 160
-
-
total
13 446
28 160
-
-
Dividends
47 672
99 840
-
-
withholding
14 302
29 952
-
-
total
14 302
29 952
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 915
58 112
61 329
60 441
After tax
69 085
69 888
66 671
67 559
Living cost
35 716
35 716
35 716
35 716
Free-cash
33 369
34 172
30 955
31 843

Estimated living cost  is ₽35716 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽7998
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
₽77580
₽49818
₽39235
-₽5524
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
-
-
-
128 000
income
-
-
-
24 950
social contributions
-
-
-
14 592
total
-
-
-
39 542
Employee
55 404
-
-
-
income
12 221
-
-
-
social contributions
4 543
-
647
-
total
16 764
-
647
-
Employer
55 404
-
-
-
social contributions
78 120
-
11 133
-
total
78 120
-
11 133
-
Corporate
-
128 000
-
-
income
-
28 160
-
-
total
-
28 160
-
-
Dividends
-
99 840
-
-
income
-
21 965
-
-
total
-
21 965
-
-
Income
128 000
128 000
128 000
128 000
Total tax
94 884
50 125
11 780
39 542
After tax
33 116
77 875
116 220
88 458
Living cost
38 640
38 640
38 640
38 640
Free-cash
-5 524
39 235
77 580
49 818

Estimated living cost  is ₽38640 per week

₽25071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
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.
₽9442
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
₽59238
₽60436
₽65107
₽61479
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
-
-
-
128 000
income
-
-
-
21 802
social contributions
-
-
-
14 144
health
-
-
-
3 263
total
-
-
-
39 209
Employee
67 222
67 222
118 287
-
income
7 059
6 223
21 158
-
social contributions
3 267
5 579
7 525
-
health
669
1 143
2 011
-
total
10 995
12 945
30 694
-
Employer
67 222
67 222
118 287
-
social contributions
3 267
5 579
7 525
-
health
728
1 244
2 188
-
total
3 995
6 823
9 713
-
Corporate
84 656
53 955
-
-
income
10 583
6 744
-
-
total
10 583
6 744
-
-
Dividends
74 074
47 211
-
-
withholding
12 593
8 026
-
-
total
12 593
8 026
-
-
Income
128 000
128 000
128 000
128 000
Total tax
38 166
34 538
40 407
39 209
After tax
89 834
93 462
87 593
88 791
Living cost
28 355
28 355
28 355
28 355
Free-cash
61 479
65 107
59 238
60 436

Estimated living cost  is ₽28355 per week

₽19383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽6281
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
₽43129
₽54836
₽54481
₽59351
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
-
-
-
128 000
income
-
-
-
34 195
pensions
-
-
-
7 237
total
-
-
-
41 432
Employee
43 557
-
112 023
-
income
7 932
-
26 387
-
health
568
-
1 712
-
pensions
3 324
-
9 065
-
total
11 824
-
37 164
-
Employer
43 557
-
112 023
-
pensions
4 401
-
13 847
-
health
828
-
2 128
-
total
5 229
-
15 975
-
Corporate
79 214
128 000
-
-
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.

15 051
24 319
-
-
total
15 051
24 319
-
-
Dividends
64 163
103 681
-
-
withholding
4 813
17 468
-
-
total
4 813
17 468
-
-
Income
128 000
128 000
128 000
128 000
Total tax
36 917
41 787
53 139
41 432
After tax
91 083
86 213
74 861
86 568
Living cost
31 732
31 732
31 732
31 732
Free-cash
59 351
54 481
43 129
54 836

Estimated living cost  is ₽31732 per week

₽21768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2918
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.
₽6647
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
₽20589
₽26352
₽32595
₽28619
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
-
-
-
128 000
municipal
-
-
-
856
regional
-
-
-
2 904
national
-
-
-
30 140
social contributions
-
-
-
32 922
total
-
-
-
66 822
Employee
73 666
-
128 000
-
regional
1 112
-
2 527
-
social contributions
24 840
-
43 161
-
national
12 449
-
26 134
-
municipal
440
-
763
-
total
38 841
-
72 585
-
Employer
73 666
-
128 000
-
total
-
-
-
-
Corporate
54 334
128 000
-
-
nationa
13 039
30 721
-
-
municipal
2 620
6 170
-
-
total
15 659
36 891
-
-
Dividends
38 675
91 110
-
-
withholding
10 055
23 688
-
-
total
10 055
23 688
-
-
Income
128 000
128 000
128 000
128 000
Total tax
64 555
60 579
72 585
66 822
After tax
63 445
67 421
55 415
61 178
Living cost
34 826
34 826
34 826
34 826
Free-cash
28 619
32 595
20 589
26 352

Estimated living cost  is ₽34826 per week

₽24463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2396
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.
₽7440
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
₽50930
₽69536
-₽7655
₽7604
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
-
-
-
128 000
income
-
-
-
34 734
health
-
-
-
1 787
accident
-
-
-
207
pensions
-
-
-
3 409
other
-
-
-
304
total
-
-
-
40 441
Employee
28 351
-
114 267
-
income
3 890
-
25 979
-
health
3 246
-
13 084
-
pensions
3 192
-
6 250
-
total
10 328
-
45 313
-
Employer
28 351
-
114 267
-
unemployment
695
-
2 800
-
pensions
4 610
-
9 026
-
accident
473
-
1 908
-
total
5 778
-
13 734
-
Corporate
93 871
128 000
-
-
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.

84 484
115 200
-
-
total
84 484
115 200
-
-
Dividends
9 387
12 800
-
-
withholding
1 783
2 432
-
-
total
1 783
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
102 373
117 632
59 047
40 441
After tax
25 627
10 368
68 953
87 559
Living cost
18 023
18 023
18 023
18 023
Free-cash
7 604
-7 655
50 930
69 536

Estimated living cost  is ₽18023 per week

₽13209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽999
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.
₽3439
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
₽49575
₽37040
₽32167
₽43603
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.

-
-
-
128 000
income

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

-
-
-
36 685
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.

-
-
-
5 972
trade
-
-
-
12 535
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.

-
-
-
2 017
total
-
-
-
57 209
Employee

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

43 497
-
128 000
-
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.

3 577
-
36 685
-
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.

5 972
-
5 972
-
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.

197
-
2 017
-
total
9 746
-
44 674
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 503
128 000
-
-
chamber of commerce
257
320
-
-
income
12 676
19 199
-
-
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.

697
1 057
-
-
trade
12 125
18 368
-
-
total
25 755
38 944
-
-
Dividends
58 747
89 056
-
-
withholding
14 355
21 932
-
-
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.

790
1 206
-
-
total
15 145
23 138
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 646
62 082
44 674
57 209
After tax
77 354
65 918
83 326
70 791
Living cost
33 751
33 751
33 751
33 751
Free-cash
43 603
32 167
49 575
37 040

Estimated living cost  is ₽33751 per week

₽23282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6347
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
₽60115
₽22938
₽84213
₽77042
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.

-
-
-
128 000
microenterprise
-
-
-
-
income
-
-
-
20 740
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.

-
-
-
33 495
surtax
-
-
-
32 640
total
-
-
-
86 875
Employee
25 545
-
91 239
-
income
4 547
-
17 681
-
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.

2 810
-
10 037
-
surtax
-
-
-
-
total
7 357
-
27 718
-
Employer
25 545
-
91 239
-
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.

6 153
-
21 980
-
surtax
-
-
-
-
total
6 153
-
21 980
-
Corporate
96 302
128 000
-
-
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%.

19 261
25 600
-
-
total
19 261
25 600
-
-
Dividends

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

77 042
102 400
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
32 771
25 600
49 698
86 875
After tax
95 229
102 400
78 302
41 125
Living cost
18 187
18 187
18 187
18 187
Free-cash
77 042
84 213
60 115
22 938

Estimated living cost  is ₽18187 per week

₽11603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1732
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.
₽4439
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
₽64371
₽65178
₽68518
₽66654
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
-
-
-
128 000
income
-
-
-
37 182
health
-
-
-
6 004
pensions
-
-
-
8 282
total
-
-
-
51 468
Employee
17 293
-
118 683
-
income
3 345
-
36 747
-
health
865
-
2 070
-
unemployment
173
-
414
-
pensions
1 556
-
3 727
-
total
5 939
-
42 958
-
Employer
17 293
-
118 683
-
unemployment
346
-
828
-
pensions
1 902
-
4 555
-
health
1 643
-
3 934
-
total
3 891
-
9 317
-
Corporate
106 816
128 000
-
-
income
23 499
28 160
-
-
total
23 499
28 160
-
-
Dividends
83 317
99 840
-
-
withholding
16 663
19 968
-
-
total
16 663
19 968
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 992
48 128
52 275
51 468
After tax
78 008
79 872
75 725
76 532
Living cost
11 354
11 354
11 354
11 354
Free-cash
66 654
68 518
64 371
65 178

Estimated living cost  is ₽11354 per week

₽6747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
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.
₽3426
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
₽37519
₽41105
₽60876
₽58095
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
-
-
-
128 000
income
-
-
-
31 006
health
-
-
-
8 283
unemployment
-
-
-
199
surtax
-
-
-
4 436
pensions
-
-
-
23 335
other
-
-
-
-
total
-
-
-
67 259
Employee
29 440
-
105 742
-
other
-
-
-
-
income
4 935
-
27 609
-
health
752
-
2 696
-
unemployment
2 049
-
7 359
-
surtax
105
-
3 870
-
pensions
1 964
-
7 052
-
total
9 805
-
48 586
-
Employer
29 440
-
105 742
-
unemployment
934
-
3 353
-
pensions
3 925
-
14 095
-
other
-
-
-
-
health
1 339
-
4 811
-
total
6 198
-
22 259
-
Corporate
92 362
128 000
-
-
income
24 014
33 281
-
-
total
24 014
33 281
-
-
Dividends
68 348
94 719
-
-
withholding
10 252
14 207
-
-
total
10 252
14 207
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 269
47 488
70 845
67 259
After tax
77 731
80 512
57 155
60 741
Living cost
19 636
19 636
19 636
19 636
Free-cash
58 095
60 876
37 519
41 105

Estimated living cost  is ₽19636 per week

₽11855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽5619
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
₽5751
₽37689
₽43274
₽42842
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
-
-
-
128 000
income
-
-
-
29 840
chamber of commerce
-
-