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
₽ 129000
per

Your estimated
City
free-cash

Valencia , Spain
₽59994
₽46609
₽50044
₽63650
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
-
-
-
129 000
unemployment
-
-
-
532
income
-
-
-
33 662
other
-
-
-
76
accident
-
-
-
684
pensions
-
-
-
21 481
total
-
-
-
56 435
Employee
30 282
-
104 801
-
unemployment
469
-
1 176
-
pensions
1 424
-
3 568
-
income
5 838
-
30 850
-
other
30
-
76
-
total
7 761
-
35 670
-
Employer
30 282
-
104 801
-
pensions
7 146
-
17 915
-
accident
600
-
1 503
-
unemployment
1 666
-
4 174
-
other
242
-
608
-
total
9 654
-
24 200
-
Corporate
89 064
129 000
-
-
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.

13 359
19 351
-
-
total
13 359
19 351
-
-
Dividends
75 704
109 649
-
-
withholding
15 711
23 478
-
-
total
15 711
23 478
-
-
Income
129 000
129 000
129 000
129 000
Total tax
46 485
42 829
59 870
56 435
After tax
82 515
86 171
69 130
72 565
Living cost
22 521
22 521
22 521
22 521
Free-cash
59 994
63 650
46 609
50 044

Estimated living cost  is ₽22521 per week

₽15201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
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.
₽4760
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
₽67424
₽51655
₽47431
₽72955
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
-
-
-
129 000
pensions

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

-
-
-
29 889
income
-
-
-
18 463
other
-
-
-
5 915
health
-
-
-
5 480
total
-
-
-
59 747
Employee
29 736
-
103 035
-
health
417
-
1 442
-
unemployment
297
-
1 030
-
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.

2 081
-
7 213
-
income
5 119
-
19 873
-
total
7 914
-
29 558
-
Employer
29 736
-
103 035
-
health
417
-
1 442
-
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.

5 056
-
17 517
-
accident
238
-
824
-
unemployment
297
-
1 030
-
other
1 487
-
5 152
-
total
7 495
-
25 965
-
Corporate
91 770
129 000
-
-
income
19 271
27 090
-
-
total
19 271
27 090
-
-
Dividends
72 499
101 910
-
-
withholding
5 074
7 133
-
-
total
5 074
7 133
-
-
Income
129 000
129 000
129 000
129 000
Total tax
39 754
34 223
55 523
59 747
After tax
89 246
94 777
73 477
69 253
Living cost
21 822
21 822
21 822
21 822
Free-cash
67 424
72 955
51 655
47 431

Estimated living cost  is ₽21822 per week

₽15419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
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.
₽4578
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
₽95766
₽96185
₽91290
₽99566
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
-
-
-
129 000
pensions

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

-
-
-
4 230
unemployment
-
-
-
114
income
-
-
-
19 350
health
-
-
-
3 287
total
-
-
-
26 981
Employee
14 207
-
123 392
-
health
653
-
1 315
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
pensions

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

1 247
-
2 510
-
income
1 420
-
12 339
-
total
3 476
-
16 478
-
Employer
14 207
-
123 392
-
health
981
-
1 972
-
pensions

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

1 566
-
3 150
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
unemployment
85
-
172
-
total
2 788
-
5 608
-
Corporate
112 006
129 000
-
-
income
11 201
12 900
-
-
total
11 201
12 900
-
-
Dividends
100 805
116 100
-
-
withholding
5 040
5 805
-
-
total
5 040
5 805
-
-
Income
129 000
129 000
129 000
129 000
Total tax
22 505
18 705
22 086
26 981
After tax
106 495
110 295
106 914
102 019
Living cost
10 729
10 729
10 729
10 729
Free-cash
95 766
99 566
96 185
91 290

Estimated living cost  is ₽10729 per week

₽6264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽284
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.
₽3415
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
₽41835
₽44575
₽44923
₽36997
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
-
-
-
129 000
income
-
-
-
18 948
other
-
-
-
3 999
health
-
-
-
4 979
social contributions
-
-
-
3 676
pensions
-
-
-
24 456
surtax
-
-
-
-
total
-
-
-
56 058
Employee
35 050
-
100 813
-
pensions
3 963
-
6 605
-
income
2 069
-
18 739
-
social contributions
999
-
2 874
-
surtax
-
-
-
-
total
7 031
-
28 218
-
Employer
35 050
-
100 813
-
health
2 454
-
8 850
-
social contributions
106
-
303
-
pensions
5 758
-
11 192
-
unemployment
1 419
-
4 083
-
other
1 209
-
3 760
-
total
10 946
-
28 188
-
Corporate
83 004
129 000
-
-
income
23 241
36 120
-
-
surtax
-
-
-
-
total
23 241
36 120
-
-
Dividends
59 763
92 880
-
-
social contributions
10 279
15 975
-
-
surtax
-
-
-
-
withholding
7 649
11 889
-
-
total
17 928
27 864
-
-
Income
129 000
129 000
129 000
129 000
Total tax
59 146
63 984
56 406
56 058
After tax
69 854
65 016
72 594
72 942
Living cost
28 019
28 019
28 019
28 019
Free-cash
41 835
36 997
44 575
44 923

Estimated living cost  is ₽28019 per week

₽17667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2278
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.
₽7598
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
₽24315
₽44633
₽37973
₽29331
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
-
-
-
129 000
pensions
-
-
-
9 595
income
-
-
-
37 025
health
-
-
-
10 099
total
-
-
-
56 719
Employee
69 936
69 936
113 780
-
health
10 734
9 131
10 099
-
pensions
12 588
9 595
9 595
-
income

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

11 447
11 447
15 146
-
total
34 769
30 173
34 840
-
Employer
69 936
69 936
113 780
-
health
4 861
4 861
6 041
-
pensions
4 868
4 868
6 050
-
unemployment
2 518
2 518
3 128
-
total
12 247
12 247
15 219
-
Corporate
47 675
46 817
-
-
income
9 535
9 364
-
-
total
9 535
9 364
-
-
Dividends
38 141
37 454
-
-
income
8 105
7 959
-
-
withholding
5 721
5 618
-
-
total
13 826
13 577
-
-
Income
129 000
129 000
129 000
129 000
Total tax
70 377
65 361
50 059
56 719
After tax
58 623
63 639
78 941
72 281
Living cost
34 308
34 308
34 308
34 308
Free-cash
24 315
29 331
44 633
37 973

Estimated living cost  is ₽34308 per week

₽24313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
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.
₽6356
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
₽49342
₽58315
₽43995
₽40281
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.

-
-
-
129 000
trade
-
-
-
14 320
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.

-
-
-
38 184
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.

-
-
-
5 595
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.

-
-
-
2 100
total
-
-
-
60 199
Employee

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

31 324
-
129 000
-
health

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

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

5 595
-
5 595
-
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.

875
-
38 184
-
surtax

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

48
-
2 100
-
total
6 518
-
45 879
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 676
129 000
-
-
income
14 651
19 351
-
-
trade
15 384
20 317
-
-
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.

805
1 065
-
-
chamber of commerce
264
309
-
-
total
31 104
41 042
-
-
Dividends
66 572
87 958
-
-
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.

898
1 192
-
-
withholding
16 332
21 679
-
-
total
17 230
22 871
-
-
Income
129 000
129 000
129 000
129 000
Total tax
54 852
63 913
45 879
60 199
After tax
74 148
65 087
83 121
68 801
Living cost
24 806
24 806
24 806
24 806
Free-cash
49 342
40 281
58 315
43 995

Estimated living cost  is ₽24806 per week

₽15604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
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.
₽5847
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
₽70738
₽68797
₽69975
₽75193
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
-
-
-
129 000
income
-
-
-
23 523
health
-
-
-
3 290
social contributions
-
-
-
13 251
total
-
-
-
40 064
Employee
62 974
62 974
119 736
-
health
488
1 071
2 036
-
income
6 857
5 830
22 891
-
social contributions
2 381
5 227
7 050
-
total
9 726
12 128
31 977
-
Employer
62 974
62 974
119 736
-
health
530
1 166
2 215
-
social contributions
2 381
5 227
7 050
-
total
2 911
6 393
9 265
-
Corporate
97 402
59 634
-
-
income
12 175
7 454
-
-
total
12 175
7 454
-
-
Dividends
85 227
52 180
-
-
withholding
14 489
8 871
-
-
total
14 489
8 871
-
-
Income
129 000
129 000
129 000
129 000
Total tax
39 301
34 846
41 242
40 064
After tax
89 699
94 154
87 758
88 936
Living cost
18 961
18 961
18 961
18 961
Free-cash
70 738
75 193
68 797
69 975

Estimated living cost  is ₽18961 per week

₽11364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
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.
₽5318
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
₽46862
₽34597
₽43949
₽47687
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.

-
-
-
129 000
income
-
-
-
14 536
social contributions

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

-
-
-
44 827
surtax
-
-
-
-
total
-
-
-
59 363
Employee
37 666
-
104 243
-
income
7 835
-
32 492
-
social contributions
4 143
-
11 466
-
surtax
-
-
-
-
total
11 978
-
43 958
-
Employer
37 666
-
104 243
-
social contributions
8 946
-
24 757
-
total
8 946
-
24 757
-
Corporate
82 388
129 000
-
-
income
17 302
27 090
-
-
surtax
-
-
-
-
total
17 302
27 090
-
-
Dividends
65 086
101 910
-
-
withholding
18 224
28 535
-
-
total
18 224
28 535
-
-
Income
129 000
129 000
129 000
129 000
Total tax
56 450
55 625
68 715
59 363
After tax
72 550
73 375
60 285
69 637
Living cost
25 688
25 688
25 688
25 688
Free-cash
46 862
47 687
34 597
43 949

Estimated living cost  is ₽25688 per week

₽19220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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.
₽4524
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
₽115315
₽97107
₽121617
₽116457
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%.

-
-
-
129 000
microenterprise

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

-
-
-
1 290
total
-
-
-
1 290
Employee
7 615
-
129 000
-
income
1 523
-
25 800
-
total
1 523
-
25 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

121 385
129 000
-
-
total
-
-
-
-
Dividends
121 385
129 000
-
-
withholding
6 069
6 450
-
-
total
6 069
6 450
-
-
Income
129 000
129 000
129 000
129 000
Total tax
7 592
6 450
25 800
1 290
After tax
121 408
122 550
103 200
127 710
Living cost
6 093
6 093
6 093
6 093
Free-cash
115 315
116 457
97 107
121 617

Estimated living cost  is ₽6093 per week

₽3776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
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.
₽1643
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
₽60000
₽38396
₽41813
₽66851
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.

-
-
-
129 000
pensions
-
-
-
23 559
unemployment
-
-
-
194
income
-
-
-
28 774
health
-
-
-
12 694
total
-
-
-
65 221
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.

36 215
-
111 620
-
health
2 339
-
7 211
-
unemployment
51
-
157
-
pensions
5 614
-
17 301
-
income
6 245
-
26 591
-
total
14 249
-
51 260
-
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.

36 215
-
111 620
-
health
2 412
-
7 433
-
pensions
3 205
-
9 878
-
unemployment
22
-
67
-
total
5 639
-
17 378
-
Corporate
87 147
129 000
-
-
income
16 558
24 510
-
-
total
16 558
24 510
-
-
Dividends
70 589
104 490
-
-
withholding
10 588
15 673
-
-
total
10 588
15 673
-
-
Income
129 000
129 000
129 000
129 000
Total tax
47 034
40 183
68 638
65 221
After tax
81 966
88 817
60 362
63 779
Living cost
21 966
21 966
21 966
21 966
Free-cash
60 000
66 851
38 396
41 813

Estimated living cost  is ₽21966 per week

₽15075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1408
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.
₽5059
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
₽52657
₽62923
₽70805
₽49793
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.

-
-
-
129 000
income
-
-
-
23 312
health

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

-
-
-
5 154
total
-
-
-
28 466
Employee
37 569
-
125 233
-
social contributions
3 764
-
3 767
-
income
4 076
-
28 814
-
total
7 840
-
32 581
-
Employer
37 569
-
125 233
-
social contributions
3 764
-
3 767
-
total
3 764
-
3 767
-
Corporate
87 667
129 000
-
-
income
30 683
45 151
-
-
total
30 683
45 151
-
-
Dividends
56 983
83 849
-
-
social contributions
4 327
4 327
-
-
total
4 327
4 327
-
-
Income
129 000
129 000
129 000
129 000
Total tax
46 614
49 478
36 348
28 466
After tax
82 386
79 522
92 652
100 534
Living cost
29 729
29 729
29 729
29 729
Free-cash
52 657
49 793
62 923
70 805

Estimated living cost  is ₽29729 per week

₽19582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2344
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.
₽7346
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
₽61763
₽63264
₽65475
₽61336
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
-
-
-
129 000
income
-
-
-
19 351
health
-
-
-
9 005
social contributions
-
-
-
17 803
total
-
-
-
46 159
Employee
27 768
-
129 000
-
health
1 938
-
9 005
-
income
4 631
-
21 562
-
social contributions
3 832
-
17 803
-
total
10 401
-
48 370
-
Employer
27 768
-
129 000
-
total
-
-
-
-
Corporate
101 232
129 000
-
-
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%.

5 062
6 450
-
-
total
5 062
6 450
-
-
Dividends
96 171
122 550
-
-
social contributions
13 271
16 912
-
-
withholding
14 425
18 382
-
-
health
6 712
8 554
-
-
total
34 408
43 848
-
-
Income
129 000
129 000
129 000
129 000
Total tax
49 871
50 298
48 370
46 159
After tax
79 129
78 702
80 630
82 841
Living cost
17 366
17 366
17 366
17 366
Free-cash
61 763
61 336
63 264
65 475

Estimated living cost  is ₽17366 per week

₽11622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽4272
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
₽57779
₽43659
₽49265
₽65940
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
-
-
-
129 000
income
-
-
-
12 731
health
-
-
-
17 415
social contributions
-
-
-
26 713
solidarity contribution
-
-
-
-
total
-
-
-
56 859
Employee
33 641
-
97 366
-
health
4 542
-
13 144
-
solidarity contribution
-
-
-
-
income
4 037
-
11 741
-
social contributions
2 187
-
5 946
-
total
10 766
-
30 831
-
Employer
33 641
-
97 366
-
health
3 028
-
8 763
-
social contributions
8 410
-
22 871
-
total
11 438
-
31 634
-
Corporate
83 921
129 000
-
-
income
15 945
24 510
-
-
total
15 945
24 510
-
-
Dividends
67 976
104 490
-
-
withholding
10 196
15 674
-
-
total
10 196
15 674
-
-
Income
129 000
129 000
129 000
129 000
Total tax
48 345
40 184
62 465
56 859
After tax
80 655
88 816
66 535
72 141
Living cost
22 876
22 876
22 876
22 876
Free-cash
57 779
65 940
43 659
49 265

Estimated living cost  is ₽22876 per week

₽17012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
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.
₽4201
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
₽111276
₽93706
₽118216
₽113056
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%.

-
-
-
129 000
microenterprise

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

-
-
-
1 290
total
-
-
-
1 290
Employee
11 868
-
129 000
-
income
2 374
-
25 800
-
total
2 374
-
25 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

117 132
129 000
-
-
total
-
-
-
-
Dividends
117 132
129 000
-
-
withholding
5 856
6 450
-
-
total
5 856
6 450
-
-
Income
129 000
129 000
129 000
129 000
Total tax
8 230
6 450
25 800
1 290
After tax
120 770
122 550
103 200
127 710
Living cost
9 494
9 494
9 494
9 494
Free-cash
111 276
113 056
93 706
118 216

Estimated living cost  is ₽9494 per week

₽6425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽318
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.
₽2352
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
₽31090
₽33039
₽33387
₽25461
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
-
-
-
129 000
income
-
-
-
18 948
other
-
-
-
3 999
health
-
-
-
4 979
social contributions
-
-
-
3 676
pensions
-
-
-
24 456
surtax
-
-
-
-
total
-
-
-
56 058
Employee
51 293
-
100 813
-
pensions
5 802
-
6 605
-
income
4 475
-
18 739
-
social contributions
1 461
-
2 874
-
surtax
-
-
-
-
total
11 738
-
28 218
-
Employer
51 293
-
100 813
-
health
3 590
-
8 850
-
social contributions
154
-
303
-
pensions
8 428
-
11 192
-
unemployment
2 078
-
4 083
-
other
1 770
-
3 760
-
total
16 020
-
28 188
-
Corporate
61 687
129 000
-
-
income
17 273
36 120
-
-
surtax
-
-
-
-
total
17 273
36 120
-
-
Dividends
44 414
92 880
-
-
social contributions
7 639
15 975
-
-
surtax
-
-
-
-
withholding
5 685
11 889
-
-
total
13 324
27 864
-
-
Income
129 000
129 000
129 000
129 000
Total tax
58 355
63 984
56 406
56 058
After tax
70 645
65 016
72 594
72 942
Living cost
39 555
39 555
39 555
39 555
Free-cash
31 090
25 461
33 039
33 387

Estimated living cost  is ₽39555 per week

₽26770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
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.
₽9006
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
₽75071
₽63246
₽63243
₽79087
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.

-
-
-
129 000
pensions
-
-
-
15 683
unemployment
-
-
-
905
income
-
-
-
28 841
health
-
-
-
6 213
total
-
-
-
51 642
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.

21 284
-
118 203
-
health
1 096
-
3 106
-
unemployment
160
-
452
-
pensions
2 980
-
8 444
-
income
2 934
-
28 841
-
total
7 170
-
40 843
-
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.

21 284
-
118 203
-
health
1 096
-
3 106
-
pensions
2 554
-
7 238
-
unemployment
160
-
452
-
total
3 810
-
10 796
-
Corporate
103 906
129 000
-
-
income
15 586
19 350
-
-
total
15 586
19 350
-
-
Dividends
88 320
109 650
-
-
withholding
13 248
16 448
-
-
total
13 248
16 448
-
-
Income
129 000
129 000
129 000
129 000
Total tax
39 814
35 798
51 639
51 642
After tax
89 186
93 202
77 361
77 358
Living cost
14 115
14 115
14 115
14 115
Free-cash
75 071
79 087
63 246
63 243

Estimated living cost  is ₽14115 per week

₽9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
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.
₽3111
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
₽26443
₽41639
₽47581
₽2099
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
-
-
-
129 000
pensions
-
-
-
11 869
city
-
-
-
1 360
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.

-
-
-
2 580
health
-
-
-
291
regional
-
-
-
6 332
national
-
-
-
2 098
total
-
-
-
24 530
Employee
66 575
-
115 463
-
health
150
-
260
-
unemployment
-
-
-
-
city
714
-
1 240
-
pensions
5 593
-
9 699
-
regional
2 180
-
5 454
-
national
315
-
1 551
-
total
8 952
-
18 204
-
Employer
66 575
-
115 463
-
health
150
-
260
-
pensions
5 593
-
9 699
-
unemployment
-
-
-
-
other

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

1 331
-
2 309
-
total
7 074
-
12 268
-
Corporate
54 619
129 000
-
-
regional
11 552
27 283
-
-
national
4 642
10 966
-
-
total
16 194
38 249
-
-
Dividends
38 425
90 751
-
-
withholding
13 448
31 763
-
-
total
13 448
31 763
-
-
Income
129 000
129 000
129 000
129 000
Total tax
45 668
70 012
30 472
24 530
After tax
83 332
58 988
98 528
104 470
Living cost
56 889
56 889
56 889
56 889
Free-cash
26 443
2 099
41 639
47 581

Estimated living cost  is ₽56889 per week

₽36994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
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.
₽14091
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
₽52032
₽37200
₽53980
₽50341
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

-
-
-
129 000
municipal
-
-
-
22 923
health
-
-
-
1 644
national
-
-
-
19 011
total
-
-
-
43 578
Employee
43 087
-
108 521
-
health
322
-
1 329
-
unemployment
647
-
1 627
-
pensions
2 908
-
7 325
-
national
712
-
11 915
-
municipal
7 057
-
17 683
-
total
11 646
-
39 879
-
Employer
43 087
-
108 521
-
health
331
-
836
-
pensions
7 475
-
18 828
-
accident
44
-
109
-
unemployment
280
-
706
-
total
8 130
-
20 479
-
Corporate
77 783
129 000
-
-
income
15 557
25 800
-
-
total
15 557
25 800
-
-
Dividends

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

46 670
77 400
-
-
municipal
8 400
13 931
-
-
national
1 793
7 486
-
-
total
10 193
21 417
-
-
Income
129 000
129 000
129 000
129 000
Total tax
45 526
47 217
60 358
43 578
After tax
83 474
81 783
68 642
85 422
Living cost
31 442
31 442
31 442
31 442
Free-cash
52 032
50 341
37 200
53 980

Estimated living cost  is ₽31442 per week

₽20538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7381
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
₽30034
₽16409
₽26123
₽42318
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
-
-
-
129 000
communal

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

-
-
-
6 537
social contributions
-
-
-
20 064
national
-
-
-
46 416
total
-
-
-
73 017
Employee

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

58 581
-
99 914
-
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.

2 752
-
4 695
-
communal

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

3 055
-
5 211
-
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.

510
-
869
-
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.

4 394
-
7 494
-
national
18 010
-
35 377
-
total
28 721
-
53 646
-
Employer

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

58 581
-
99 914
-
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.

3 602
-
6 145
-
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.

5 191
-
8 852
-
surtax
6 642
-
11 330
-
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.

762
-
1 299
-
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.

855
-
1 459
-
total
17 052
-
29 085
-
Corporate
53 367
129 000
-
-
income
10 674
25 800
-
-
surtax
213
516
-
-
total
10 887
26 316
-
-
Dividends
42 480
102 684
-
-
withholding

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

12 446
30 506
-
-
total
12 446
30 506
-
-
Income
129 000
129 000
129 000
129 000
Total tax
69 106
56 822
82 731
73 017
After tax
59 894
72 178
46 269
55 983
Living cost
29 860
29 860
29 860
29 860
Free-cash
30 034
42 318
16 409
26 123

Estimated living cost  is ₽29860 per week

₽19234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
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.
₽7548
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
₽34206
₽31641
₽32501
₽35002
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
-
-
-
129 000
unemployment
-
-
-
78
municipal
-
-
-
31 759
other
-
-
-
9 023
health
-
-
-
4 846
national
-
-
-
6 812
accident
-
-
-
155
pensions
-
-
-
8 394
total
-
-
-
61 067
Employee
50 487
-
104 601
-
national
-
-
6 337
-
municipal
15 055
-
31 192
-
total
15 055
-
37 529
-
Employer
50 487
-
104 601
-
health
3 105
-
4 776
-
pensions
5 458
-
8 394
-
accident
101
-
155
-
unemployment
1 333
-
2 050
-
other
5 867
-
9 023
-
total
15 864
-
24 398
-
Corporate
62 650
129 000
-
-
income
13 783
28 380
-
-
total
13 783
28 380
-
-
Dividends
48 867
100 620
-
-
withholding
14 660
30 186
-
-
total
14 660
30 186
-
-
Income
129 000
129 000
129 000
129 000
Total tax
59 362
58 566
61 927
61 067
After tax
69 638
70 434
67 073
67 933
Living cost
35 432
35 432
35 432
35 432
Free-cash
34 206
35 002
31 641
32 501

Estimated living cost  is ₽35432 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
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.
₽7934
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
-₽6203
₽77945
₽50023
₽39358
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
-
-
-
129 000
income
-
-
-
25 145
social contributions
-
-
-
14 706
total
-
-
-
39 851
Employee
56 101
-
-
-
income
12 375
-
-
-
social contributions
4 600
-
656
-
total
16 975
-
656
-
Employer
56 101
-
-
-
social contributions
79 102
-
11 273
-
total
79 102
-
11 273
-
Corporate
-
129 000
-
-
income
-
28 380
-
-
total
-
28 380
-
-
Dividends
-
100 620
-
-
income
-
22 136
-
-
total
-
22 136
-
-
Income
129 000
129 000
129 000
129 000
Total tax
96 077
50 516
11 929
39 851
After tax
32 923
78 484
117 071
89 149
Living cost
39 126
39 126
39 126
39 126
Free-cash
-6 203
39 358
77 945
50 023

Estimated living cost  is ₽39126 per week

₽25386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3680
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.
₽9561
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
₽64198
₽61195
₽62373
₽67591
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
-
-
-
129 000
income
-
-
-
23 523
health
-
-
-
3 290
social contributions
-
-
-
13 251
total
-
-
-
40 064
Employee
62 974
62 974
119 736
-
health
626
1 071
2 036
-
income
6 613
5 830
22 891
-
social contributions
3 060
5 227
7 050
-
total
10 299
12 128
31 977
-
Employer
62 974
62 974
119 736
-
health
682
1 166
2 215
-
social contributions
3 060
5 227
7 050
-
total
3 742
6 393
9 265
-
Corporate
88 395
59 634
-
-
income
11 050
7 454
-
-
total
11 050
7 454
-
-
Dividends
77 345
52 180
-
-
withholding
13 148
8 871
-
-
total
13 148
8 871
-
-
Income
129 000
129 000
129 000
129 000
Total tax
38 239
34 846
41 242
40 064
After tax
90 761
94 154
87 758
88 936
Living cost
26 563
26 563
26 563
26 563
Free-cash
64 198
67 591
61 195
62 373

Estimated living cost  is ₽26563 per week

₽18159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽5884
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
₽60929
₽45346
₽57073
₽56278
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
-
-
-
129 000
income
-
-
-
35 879
pensions
-
-
-
6 879
total
-
-
-
42 758
Employee
40 038
-
112 775
-
health
522
-
1 671
-
pensions
3 056
-
8 530
-
income
7 291
-
28 058
-
total
10 869
-
38 259
-
Employer
40 038
-
112 775
-
health
761
-
2 143
-
pensions
4 045
-
14 083
-
total
4 806
-
16 226
-
Corporate
84 156
129 000
-
-
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.

15 990
24 509
-
-
total
15 990
24 509
-
-
Dividends
68 166
104 491
-
-
withholding
7 237
19 044
-
-
total
7 237
19 044
-
-
Income
129 000
129 000
129 000
129 000
Total tax
38 902
43 553
54 485
42 758
After tax
90 098
85 447
74 515
86 242
Living cost
29 169
29 169
29 169
29 169
Free-cash
60 929
56 278
45 346
57 073

Estimated living cost  is ₽29169 per week

₽20009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
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.
₽6110
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
₽31597
₽22730
₽28391
₽35324
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
-
-
-
129 000
municipal
-
-
-
863
regional
-
-
-
2 938
social contributions
-
-
-
33 179
national
-
-
-
31 003
total
-
-
-
67 983
Employee
69 011
-
129 000
-
social contributions
23 270
-
43 499
-
regional
1 042
-
2 604
-
national
11 662
-
26 772
-
municipal
412
-
769
-
total
36 386
-
73 644
-
Employer
69 011
-
129 000
-
total
-
-
-
-
Corporate
59 989
129 000
-
-
nationa
14 398
30 960
-
-
municipal
2 892
6 218
-
-
total
17 290
37 178
-
-
Dividends
42 699
91 822
-
-
withholding
11 101
23 873
-
-
total
11 101
23 873
-
-
Income
129 000
129 000
129 000
129 000
Total tax
64 777
61 051
73 644
67 983
After tax
64 223
67 949
55 356
61 017
Living cost
32 626
32 626
32 626
32 626
Free-cash
31 597
35 324
22 730
28 391

Estimated living cost  is ₽32626 per week

₽22917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
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.
₽6970
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
₽7791
₽52386
₽70881
-₽6890
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
-
-
-
129 000
pensions
-
-
-
3 279
income
-
-
-
35 291
other
-
-
-
292
health
-
-
-
1 719
accident
-
-
-
199
total
-
-
-
40 780
Employee
27 276
-
115 556
-
health
3 123
-
13 231
-
pensions
3 071
-
6 013
-
income
3 742
-
26 587
-
total
9 936
-
45 831
-
Employer
27 276
-
115 556
-
pensions
4 435
-
8 683
-
accident
455
-
1 930
-
unemployment
668
-
2 831
-
total
5 558
-
13 444
-
Corporate
96 165
129 000
-
-
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.

86 549
116 100
-
-
total
86 549
116 100
-
-
Dividends
9 617
12 900
-
-
withholding
1 827
2 451
-
-
total
1 827
2 451
-
-
Income
129 000
129 000
129 000
129 000
Total tax
103 870
118 551
59 275
40 780
After tax
25 130
10 449
69 725
88 220
Living cost
17 339
17 339
17 339
17 339
Free-cash
7 791
-6 890
52 386
70 881

Estimated living cost  is ₽17339 per week

₽12708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3309
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
₽45511
₽51503
₽38456
₽34795
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.

-
-
-
129 000
trade
-
-
-
13 047
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.

-
-
-
38 184
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.

-
-
-
5 595
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.

-
-
-
2 100
total
-
-
-
58 926
Employee

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

40 748
-
129 000
-
health

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

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

5 595
-
5 595
-
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.

3 351
-
38 184
-
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.

185
-
2 100
-
total
9 131
-
45 879
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 252
129 000
-
-
income
13 238
19 351
-
-
trade
12 665
18 511
-
-
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.

727
1 065
-
-
chamber of commerce
253
314
-
-
total
26 883
39 241
-
-
Dividends
61 368
89 760
-
-
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.

827
1 217
-
-
withholding
15 030
22 129
-
-
total
15 857
23 346
-
-
Income
129 000
129 000
129 000
129 000
Total tax
51 871
62 587
45 879
58 926
After tax
77 129
66 413
83 121
70 074
Living cost
31 618
31 618
31 618
31 618
Free-cash
45 511
34 795
51 503
38 456

Estimated living cost  is ₽31618 per week

₽21811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
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.
₽5946
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
₽79445
₽60789
₽26166
₽86162
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.

-
-
-
129 000
income
-
-
-
21 523
microenterprise
-
-
-
-
social contributions

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

-
-
-
31 378
surtax
-
-
-
32 895
total
-
-
-
85 796
Employee
23 930
-
93 783
-
income
4 260
-
18 265
-
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.

2 633
-
10 316
-
surtax
-
-
-
-
total
6 893
-
28 581
-
Employer
23 930
-
93 783
-
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.

5 764
-
22 592
-
surtax
-
-
-
-
total
5 764
-
22 592
-
Corporate
99 305
129 000
-
-
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%.

19 860
25 800
-
-
total
19 860
25 800
-
-
Dividends

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

79 445
103 200
-
-
total
-
-
-
-
Income
129 000
129 000
129 000
129 000
Total tax
32 517
25 800
51 173
85 796
After tax
96 483
103 200
77 827
43 204
Living cost
17 038
17 038
17 038
17 038
Free-cash
79 445
86 162
60 789
26 166

Estimated living cost  is ₽17038 per week

₽10870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4159
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
₽68845
₽67254
₽67966
₽70489
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
-
-
-
129 000
income
-
-
-
38 435
health
-
-
-
5 292
pensions
-
-
-
7 300
total
-
-
-
51 027
Employee
15 242
-
120 788
-
health
762
-
1 825
-
unemployment
152
-
365
-
pensions
1 372
-
3 285
-
income
2 949
-
38 052
-
total
5 235
-
43 527
-
Employer
15 242
-
120 788
-
health
1 448
-
3 467
-
pensions
1 677
-
4 015
-
unemployment
305
-
730
-
total
3 430
-
8 212
-
Corporate
110 328
129 000
-
-
income
24 272
28 380
-
-
total
24 272
28 380
-
-
Dividends
86 056
100 620
-
-
withholding
17 211
20 124
-
-
total
17 211
20 124
-
-
Income
129 000
129 000
129 000
129 000
Total tax
50 148
48 504
51 739
51 027
After tax
78 852
80 496
77 261
77 973
Living cost
10 007
10 007
10 007
10 007
Free-cash
68 845
70 489
67 254
67 966

Estimated living cost  is ₽10007 per week

₽5947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽229
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.
₽3020
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
₽60141
₽38138
₽42825
₽62745
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
-
-
-
129 000
pensions
-
-
-
21 860
unemployment
-
-
-
186
income
-
-
-
33 136
other
-
-
-
-
health
-
-
-
7 760
surtax
-
-
-
4 838
total
-
-
-
67 780
Employee
27 580
-
106 566
-
health
704
-
2 717
-
unemployment
1 919
-
7 416
-
pensions
1 840
-
7 109
-
income
4 624
-
28 696
-
other
-
-
-
-
surtax
98
-
4 098
-
total
9 185
-
50 036
-
Employer
27 580
-
106 566
-
health
1 254
-
4 847
-
pensions
3 677
-
14 205
-
unemployment
875
-
3 379
-
other
-
-
-
-
total
5 806
-
22 431
-
Corporate
95 614
129 000
-
-
income
24 860
33 540
-
-
total
24 860
33 540
-
-
Dividends
70 754
95 460
-
-
withholding
10 613
14 320
-
-
total
10 613
14 320
-
-
Income
129 000
129 000
129 000
129 000
Total tax
50 464
47 860
72 467
67 780
After tax
78 536
81 140
56 533
61 220
Living cost
18 395
18 395
18 395
18 395
Free-cash
60 141
62 745
38 138
42 825

Estimated living cost  is ₽18395 per week

₽11106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
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
₽45075
₽7746
₽40200
₽45482
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
-
-
-
129 000
pensions
-
-
-
17 700
chamber of commerce
-
-