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
₽ 132000
per

Your estimated
City
free-cash

Valencia , Spain
₽60013
₽46434
₽50128
₽64056
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
-
-
-
132 000
unemployment
-
-
-
571
income
-
-
-
33 185
other
-
-
-
82
accident
-
-
-
735
pensions
-
-
-
23 091
total
-
-
-
57 664
Employee
32 550
-
105 988
-
unemployment
505
-
1 265
-
pensions
1 530
-
3 836
-
income
6 275
-
30 163
-
other
32
-
82
-
total
8 342
-
35 346
-
Employer
32 550
-
105 988
-
pensions
7 681
-
19 257
-
accident
645
-
1 615
-
unemployment
1 791
-
4 487
-
other
261
-
653
-
total
10 378
-
26 012
-
Corporate
89 072
132 000
-
-
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.

13 361
19 800
-
-
total
13 361
19 800
-
-
Dividends
75 711
112 200
-
-
withholding
15 698
23 936
-
-
total
15 698
23 936
-
-
Income
132 000
132 000
132 000
132 000
Total tax
47 779
43 736
61 358
57 664
After tax
84 221
88 264
70 642
74 336
Living cost
24 208
24 208
24 208
24 208
Free-cash
60 013
64 056
46 434
50 128

Estimated living cost  is ₽24208 per week

₽16340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽5117
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
₽67576
₽51909
₽46448
₽73523
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
-
-
-
132 000
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.

-
-
-
31 681
income
-
-
-
18 335
other
-
-
-
6 270
health
-
-
-
5 809
total
-
-
-
62 095
Employee
31 963
-
105 430
-
health
448
-
1 477
-
unemployment
319
-
1 054
-
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.

2 237
-
7 379
-
income
5 503
-
20 155
-
total
8 507
-
30 065
-
Employer
31 963
-
105 430
-
health
448
-
1 477
-
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.

5 434
-
17 922
-
accident
256
-
844
-
unemployment
319
-
1 054
-
other
1 599
-
5 272
-
total
8 056
-
26 569
-
Corporate
91 981
132 000
-
-
income
19 317
27 720
-
-
total
19 317
27 720
-
-
Dividends
72 664
104 280
-
-
withholding
5 087
7 300
-
-
total
5 087
7 300
-
-
Income
132 000
132 000
132 000
132 000
Total tax
40 967
35 020
56 634
62 095
After tax
91 033
96 980
75 366
69 905
Living cost
23 457
23 457
23 457
23 457
Free-cash
67 576
73 523
51 909
46 448

Estimated living cost  is ₽23457 per week

₽16574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
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.
₽4921
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
₽97235
₽97384
₽92454
₽101322
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
-
-
-
132 000
pensions

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

-
-
-
4 550
unemployment
-
-
-
123
income
-
-
-
19 800
health
-
-
-
3 535
total
-
-
-
28 008
Employee
15 278
-
125 969
-
health
703
-
1 414
-
accident

We are using the highest rate at 1.1%.

168
-
338
-
pensions

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

1 341
-
2 699
-
income
1 528
-
12 597
-
total
3 740
-
17 048
-
Employer
15 278
-
125 969
-
health
1 055
-
2 121
-
pensions

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

1 684
-
3 387
-
accident

We are using the highest rate at 1.1%.

168
-
338
-
unemployment
91
-
184
-
total
2 998
-
6 030
-
Corporate
113 724
132 000
-
-
income
11 372
13 200
-
-
total
11 372
13 200
-
-
Dividends
102 351
118 800
-
-
withholding
5 117
5 940
-
-
total
5 117
5 940
-
-
Income
132 000
132 000
132 000
132 000
Total tax
23 227
19 140
23 078
28 008
After tax
108 773
112 860
108 922
103 992
Living cost
11 538
11 538
11 538
11 538
Free-cash
97 235
101 322
97 384
92 454

Estimated living cost  is ₽11538 per week

₽6736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽306
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.
₽3673
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
₽41606
₽44999
₽44642
₽36410
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
-
-
-
132 000
income
-
-
-
18 790
other
-
-
-
4 091
health
-
-
-
4 863
social contributions
-
-
-
3 760
pensions
-
-
-
25 735
surtax
-
-
-
-
total
-
-
-
57 239
Employee
37 676
-
103 570
-
pensions
4 260
-
6 615
-
income
2 224
-
18 885
-
social contributions
1 074
-
2 952
-
surtax
-
-
-
-
total
7 558
-
28 452
-
Employer
37 676
-
103 570
-
health
2 638
-
8 890
-
social contributions
114
-
311
-
pensions
6 189
-
11 243
-
unemployment
1 525
-
4 195
-
other
1 300
-
3 791
-
total
11 766
-
28 430
-
Corporate
82 558
132 000
-
-
income
23 116
36 960
-
-
surtax
-
-
-
-
total
23 116
36 960
-
-
Dividends
59 442
95 040
-
-
social contributions
10 226
16 346
-
-
surtax
-
-
-
-
withholding
7 609
12 165
-
-
total
17 835
28 511
-
-
Income
132 000
132 000
132 000
132 000
Total tax
60 275
65 471
56 882
57 239
After tax
71 725
66 529
75 118
74 761
Living cost
30 119
30 119
30 119
30 119
Free-cash
41 606
36 410
44 999
44 642

Estimated living cost  is ₽30119 per week

₽18991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2449
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
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.
₽8167
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
₽22736
₽43090
₽37602
₽28131
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
-
-
-
132 000
pensions
-
-
-
10 314
income
-
-
-
36 351
health
-
-
-
10 855
total
-
-
-
57 520
Employee
75 175
75 175
115 640
-
health
11 539
9 815
10 855
-
pensions
13 532
10 314
10 314
-
income

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

12 305
12 305
14 503
-
total
37 376
32 434
35 672
-
Employer
75 175
75 175
115 640
-
health
5 226
5 226
6 493
-
pensions
5 232
5 232
6 504
-
unemployment
2 706
2 706
3 363
-
total
13 164
13 164
16 360
-
Corporate
44 583
43 661
-
-
income
8 916
8 732
-
-
total
8 916
8 732
-
-
Dividends
35 667
34 929
-
-
income
7 579
7 422
-
-
withholding
5 351
5 239
-
-
total
12 930
12 661
-
-
Income
132 000
132 000
132 000
132 000
Total tax
72 386
66 991
52 032
57 520
After tax
59 614
65 009
79 968
74 480
Living cost
36 878
36 878
36 878
36 878
Free-cash
22 736
28 131
43 090
37 602

Estimated living cost  is ₽36878 per week

₽26134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
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.
₽6833
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
₽49687
₽58975
₽44632
₽39948
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.

-
-
-
132 000
trade
-
-
-
14 343
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.

-
-
-
38 244
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.

-
-
-
6 014
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.

-
-
-
2 103
total
-
-
-
60 704
Employee

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

33 670
-
132 000
-
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.

6 014
-
6 014
-
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.

941
-
38 244
-
surtax

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

52
-
2 103
-
total
7 007
-
46 361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 330
132 000
-
-
income
14 749
19 800
-
-
trade
15 486
20 790
-
-
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.

812
1 089
-
-
chamber of commerce
276
324
-
-
total
31 323
42 003
-
-
Dividends
67 007
89 997
-
-
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.

902
1 220
-
-
withholding
16 417
22 165
-
-
total
17 319
23 385
-
-
Income
132 000
132 000
132 000
132 000
Total tax
55 649
65 388
46 361
60 704
After tax
76 351
66 612
85 639
71 296
Living cost
26 664
26 664
26 664
26 664
Free-cash
49 687
39 948
58 975
44 632

Estimated living cost  is ₽26664 per week

₽16772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
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.
₽6285
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
₽71198
₽69770
₽70995
₽75989
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
-
-
-
132 000
income
-
-
-
23 014
health
-
-
-
3 366
social contributions
-
-
-
14 243
total
-
-
-
40 623
Employee
67 692
67 692
122 162
-
health
525
1 151
2 077
-
income
7 371
6 266
22 355
-
social contributions
2 559
5 618
7 578
-
total
10 455
13 035
32 010
-
Employer
67 692
67 692
122 162
-
health
570
1 253
2 260
-
social contributions
2 559
5 618
7 578
-
total
3 129
6 871
9 838
-
Corporate
98 035
57 437
-
-
income
12 254
7 180
-
-
total
12 254
7 180
-
-
Dividends
85 781
50 257
-
-
withholding
14 582
8 543
-
-
total
14 582
8 543
-
-
Income
132 000
132 000
132 000
132 000
Total tax
40 420
35 629
41 848
40 623
After tax
91 580
96 371
90 152
91 377
Living cost
20 382
20 382
20 382
20 382
Free-cash
71 198
75 989
69 770
70 995

Estimated living cost  is ₽20382 per week

₽12215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽5717
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
₽46581
₽34552
₽43885
₽47469
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.

-
-
-
132 000
income
-
-
-
14 632
social contributions

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

-
-
-
45 870
surtax
-
-
-
-
total
-
-
-
60 502
Employee
40 488
-
106 666
-
income
8 422
-
32 769
-
social contributions
4 454
-
11 734
-
surtax
-
-
-
-
total
12 876
-
44 503
-
Employer
40 488
-
106 666
-
social contributions
9 616
-
25 332
-
total
9 616
-
25 332
-
Corporate
81 897
132 000
-
-
income
17 198
27 720
-
-
surtax
-
-
-
-
total
17 198
27 720
-
-
Dividends
64 698
104 280
-
-
withholding
18 116
29 198
-
-
total
18 116
29 198
-
-
Income
132 000
132 000
132 000
132 000
Total tax
57 806
56 918
69 835
60 502
After tax
74 194
75 082
62 165
71 498
Living cost
27 613
27 613
27 613
27 613
Free-cash
46 581
47 469
34 552
43 885

Estimated living cost  is ₽27613 per week

₽20660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
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.
₽4863
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
₽117983
₽99354
₽124434
₽119154
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%.

-
-
-
132 000
microenterprise

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

-
-
-
1 320
total
-
-
-
1 320
Employee
7 807
-
132 000
-
income
1 561
-
26 400
-
total
1 561
-
26 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

124 193
132 000
-
-
total
-
-
-
-
Dividends
124 193
132 000
-
-
withholding
6 210
6 600
-
-
total
6 210
6 600
-
-
Income
132 000
132 000
132 000
132 000
Total tax
7 771
6 600
26 400
1 320
After tax
124 229
125 400
105 600
130 680
Living cost
6 246
6 246
6 246
6 246
Free-cash
117 983
119 154
99 354
124 434

Estimated living cost  is ₽6246 per week

₽3871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽172
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.
₽1684
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
₽59908
₽38533
₽42027
₽67271
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.

-
-
-
132 000
pensions
-
-
-
24 106
unemployment
-
-
-
199
income
-
-
-
29 066
health
-
-
-
12 990
total
-
-
-
66 361
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.

38 928
-
114 217
-
health
2 514
-
7 377
-
unemployment
55
-
160
-
pensions
6 034
-
17 703
-
income
6 713
-
26 832
-
total
15 316
-
52 072
-
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.

38 928
-
114 217
-
health
2 593
-
7 606
-
pensions
3 445
-
10 109
-
unemployment
23
-
68
-
total
6 061
-
17 783
-
Corporate
87 011
132 000
-
-
income
16 532
25 080
-
-
total
16 532
25 080
-
-
Dividends
70 480
106 920
-
-
withholding
10 571
16 037
-
-
total
10 571
16 037
-
-
Income
132 000
132 000
132 000
132 000
Total tax
48 480
41 117
69 855
66 361
After tax
83 520
90 883
62 145
65 639
Living cost
23 612
23 612
23 612
23 612
Free-cash
59 908
67 271
38 533
42 027

Estimated living cost  is ₽23612 per week

₽16204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1514
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.
₽5438
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
₽52269
₽63306
₽69659
₽49194
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.

-
-
-
132 000
income
-
-
-
25 058
health

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

-
-
-
5 327
total
-
-
-
30 385
Employee
40 384
-
127 951
-
social contributions
4 046
-
4 049
-
income
4 382
-
28 640
-
total
8 428
-
32 689
-
Employer
40 384
-
127 951
-
social contributions
4 046
-
4 049
-
total
4 046
-
4 049
-
Corporate
87 570
132 000
-
-
income
30 650
46 199
-
-
total
30 650
46 199
-
-
Dividends
56 920
85 801
-
-
social contributions
4 651
4 651
-
-
total
4 651
4 651
-
-
Income
132 000
132 000
132 000
132 000
Total tax
47 775
50 850
36 738
30 385
After tax
84 225
81 150
95 262
101 615
Living cost
31 956
31 956
31 956
31 956
Free-cash
52 269
49 194
63 306
69 659

Estimated living cost  is ₽31956 per week

₽21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
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.
₽7897
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
₽62321
₽64060
₽66104
₽61865
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
-
-
-
132 000
income
-
-
-
19 800
health
-
-
-
9 213
social contributions
-
-
-
18 216
total
-
-
-
47 229
Employee
29 848
-
132 000
-
health
2 083
-
9 213
-
income
4 978
-
21 844
-
social contributions
4 120
-
18 216
-
total
11 181
-
49 273
-
Employer
29 848
-
132 000
-
total
-
-
-
-
Corporate
102 152
132 000
-
-
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%.

5 107
6 600
-
-
total
5 107
6 600
-
-
Dividends
97 045
125 400
-
-
social contributions
13 393
17 305
-
-
withholding
14 557
18 811
-
-
health
6 774
8 752
-
-
total
34 724
44 868
-
-
Income
132 000
132 000
132 000
132 000
Total tax
51 012
51 468
49 273
47 229
After tax
80 988
80 532
82 727
84 771
Living cost
18 667
18 667
18 667
18 667
Free-cash
62 321
61 865
64 060
66 104

Estimated living cost  is ₽18667 per week

₽12492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4592
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
₽56893
₽41933
₽47137
₽65831
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
-
-
-
132 000
income
-
-
-
12 739
health
-
-
-
17 820
social contributions
-
-
-
29 253
solidarity contribution
-
-
-
-
total
-
-
-
59 812
Employee
36 840
-
98 507
-
health
4 973
-
13 299
-
solidarity contribution
-
-
-
-
income
4 421
-
11 821
-
social contributions
2 395
-
6 403
-
total
11 789
-
31 523
-
Employer
36 840
-
98 507
-
health
3 316
-
8 866
-
social contributions
9 210
-
24 627
-
total
12 526
-
33 493
-
Corporate
82 635
132 000
-
-
income
15 701
25 080
-
-
total
15 701
25 080
-
-
Dividends
66 934
106 920
-
-
withholding
10 040
16 038
-
-
total
10 040
16 038
-
-
Income
132 000
132 000
132 000
132 000
Total tax
50 056
41 118
65 016
59 812
After tax
81 944
90 882
66 984
72 188
Living cost
25 051
25 051
25 051
25 051
Free-cash
56 893
65 831
41 933
47 137

Estimated living cost  is ₽25051 per week

₽18630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽4600
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
₽113842
₽95867
₽120947
₽115667
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%.

-
-
-
132 000
microenterprise

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

-
-
-
1 320
total
-
-
-
1 320
Employee
12 166
-
132 000
-
income
2 433
-
26 400
-
total
2 433
-
26 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

119 834
132 000
-
-
total
-
-
-
-
Dividends
119 834
132 000
-
-
withholding
5 992
6 600
-
-
total
5 992
6 600
-
-
Income
132 000
132 000
132 000
132 000
Total tax
8 425
6 600
26 400
1 320
After tax
123 575
125 400
105 600
130 680
Living cost
9 733
9 733
9 733
9 733
Free-cash
113 842
115 667
95 867
120 947

Estimated living cost  is ₽9733 per week

₽6586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2411
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
₽30061
₽32600
₽32243
₽24011
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
-
-
-
132 000
income
-
-
-
18 790
other
-
-
-
4 091
health
-
-
-
4 863
social contributions
-
-
-
3 760
pensions
-
-
-
25 735
surtax
-
-
-
-
total
-
-
-
57 239
Employee
55 136
-
103 570
-
pensions
6 236
-
6 615
-
income
4 811
-
18 885
-
social contributions
1 570
-
2 952
-
surtax
-
-
-
-
total
12 617
-
28 452
-
Employer
55 136
-
103 570
-
health
3 859
-
8 890
-
social contributions
165
-
311
-
pensions
9 059
-
11 243
-
unemployment
2 234
-
4 195
-
other
1 903
-
3 791
-
total
17 220
-
28 430
-
Corporate
59 644
132 000
-
-
income
16 701
36 960
-
-
surtax
-
-
-
-
total
16 701
36 960
-
-
Dividends
42 943
95 040
-
-
social contributions
7 387
16 346
-
-
surtax
-
-
-
-
withholding
5 496
12 165
-
-
total
12 883
28 511
-
-
Income
132 000
132 000
132 000
132 000
Total tax
59 421
65 471
56 882
57 239
After tax
72 579
66 529
75 118
74 761
Living cost
42 518
42 518
42 518
42 518
Free-cash
30 061
24 011
32 600
32 243

Estimated living cost  is ₽42518 per week

₽28775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9681
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
₽75888
₽62999
₽63000
₽80204
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.

-
-
-
132 000
pensions
-
-
-
16 850
unemployment
-
-
-
972
income
-
-
-
29 337
health
-
-
-
6 675
total
-
-
-
53 834
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.

22 869
-
120 399
-
health
1 178
-
3 338
-
unemployment
172
-
486
-
pensions
3 202
-
9 073
-
income
3 152
-
29 337
-
total
7 704
-
42 234
-
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.

22 869
-
120 399
-
health
1 178
-
3 338
-
pensions
2 744
-
7 777
-
unemployment
172
-
486
-
total
4 094
-
11 601
-
Corporate
105 037
132 000
-
-
income
15 756
19 800
-
-
total
15 756
19 800
-
-
Dividends
89 282
112 200
-
-
withholding
13 392
16 830
-
-
total
13 392
16 830
-
-
Income
132 000
132 000
132 000
132 000
Total tax
40 946
36 630
53 835
53 834
After tax
91 054
95 370
78 165
78 166
Living cost
15 166
15 166
15 166
15 166
Free-cash
75 888
80 204
62 999
63 000

Estimated living cost  is ₽15166 per week

₽10211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽3343
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
₽25875
₽40709
₽46943
₽87
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
-
-
-
132 000
pensions
-
-
-
12 144
city
-
-
-
1 392
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.

-
-
-
2 639
health
-
-
-
297
regional
-
-
-
6 336
national
-
-
-
1 975
total
-
-
-
24 783
Employee
70 536
-
118 148
-
health
159
-
266
-
unemployment
-
-
-
-
city
757
-
1 269
-
pensions
5 926
-
9 923
-
regional
2 310
-
5 477
-
national
334
-
1 531
-
total
9 486
-
18 466
-
Employer
70 536
-
118 148
-
health
159
-
266
-
pensions
5 926
-
9 923
-
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.

1 410
-
2 362
-
total
7 495
-
12 551
-
Corporate
53 193
132 000
-
-
regional
11 250
27 918
-
-
national
4 522
11 220
-
-
total
15 772
39 138
-
-
Dividends
37 422
92 862
-
-
withholding
13 098
32 501
-
-
total
13 098
32 501
-
-
Income
132 000
132 000
132 000
132 000
Total tax
45 851
71 639
31 017
24 783
After tax
86 149
60 361
100 983
107 217
Living cost
60 274
60 274
60 274
60 274
Free-cash
25 875
87
40 709
46 943

Estimated living cost  is ₽60274 per week

₽39195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽740
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.
₽14929
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
₽52009
₽36914
₽54693
₽50347
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

-
-
-
132 000
municipal
-
-
-
23 460
health
-
-
-
1 666
national
-
-
-
18 383
total
-
-
-
43 509
Employee
46 315
-
111 046
-
health
346
-
1 343
-
unemployment
695
-
1 666
-
pensions
3 126
-
7 496
-
national
765
-
11 732
-
municipal
7 586
-
18 097
-
total
12 518
-
40 334
-
Employer
46 315
-
111 046
-
health
356
-
855
-
pensions
8 035
-
19 267
-
accident
47
-
110
-
unemployment
301
-
722
-
total
8 739
-
20 954
-
Corporate
76 946
132 000
-
-
income
15 389
26 400
-
-
total
15 389
26 400
-
-
Dividends

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

46 168
79 200
-
-
municipal
8 309
14 257
-
-
national
1 238
7 198
-
-
total
9 547
21 455
-
-
Income
132 000
132 000
132 000
132 000
Total tax
46 193
47 855
61 288
43 509
After tax
85 807
84 145
70 712
88 491
Living cost
33 798
33 798
33 798
33 798
Free-cash
52 009
50 347
36 914
54 693

Estimated living cost  is ₽33798 per week

₽22077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3251
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

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
₽28570
₽15663
₽25564
₽41774
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
-
-
-
132 000
communal

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

-
-
-
6 682
social contributions
-
-
-
20 624
national
-
-
-
47 033
total
-
-
-
74 339
Employee

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

62 970
-
102 237
-
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.

2 959
-
4 806
-
communal

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

3 284
-
5 332
-
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.

548
-
889
-
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.

4 723
-
7 668
-
national
19 359
-
35 782
-
total
30 873
-
54 477
-
Employer

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

62 970
-
102 237
-
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.

3 872
-
6 288
-
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.

5 580
-
9 058
-
surtax
7 140
-
11 594
-
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.

819
-
1 330
-
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.

919
-
1 493
-
total
18 330
-
29 763
-
Corporate
50 701
132 000
-
-
income
10 140
26 400
-
-
surtax
202
528
-
-
total
10 342
26 928
-
-
Dividends
40 359
105 072
-
-
withholding

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

11 788
31 201
-
-
total
11 788
31 201
-
-
Income
132 000
132 000
132 000
132 000
Total tax
71 333
58 129
84 240
74 339
After tax
60 667
73 871
47 760
57 661
Living cost
32 097
32 097
32 097
32 097
Free-cash
28 570
41 774
15 663
25 564

Estimated living cost  is ₽32097 per week

₽20675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8114
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
₽32748
₽30404
₽31441
₽33611
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
-
-
-
132 000
unemployment
-
-
-
84
municipal
-
-
-
32 080
other
-
-
-
9 795
health
-
-
-
5 260
national
-
-
-
5 598
accident
-
-
-
169
pensions
-
-
-
9 112
total
-
-
-
62 098
Employee
54 804
-
105 515
-
national
-
-
5 185
-
municipal
16 342
-
31 465
-
total
16 342
-
36 650
-
Employer
54 804
-
105 515
-
health
3 370
-
5 184
-
pensions
5 924
-
9 112
-
accident
110
-
169
-
unemployment
1 447
-
2 225
-
other
6 368
-
9 795
-
total
17 219
-
26 485
-
Corporate
59 977
132 000
-
-
income
13 195
29 040
-
-
total
13 195
29 040
-
-
Dividends
46 782
102 960
-
-
withholding
14 035
30 888
-
-
total
14 035
30 888
-
-
Income
132 000
132 000
132 000
132 000
Total tax
60 791
59 928
63 135
62 098
After tax
71 209
72 072
68 865
69 902
Living cost
38 461
38 461
38 461
38 461
Free-cash
32 748
33 611
30 404
31 441

Estimated living cost  is ₽38461 per week

₽25491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
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.
₽8613
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
-₽11590
₽77778
₽49670
₽38756
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
-
-
-
132 000
income
-
-
-
25 729
social contributions
-
-
-
15 048
total
-
-
-
40 777
Employee
59 581
-
-
-
income
13 142
-
-
-
social contributions
4 886
-
696
-
total
18 028
-
696
-
Employer
59 581
-
-
-
social contributions
84 009
-
11 973
-
total
84 009
-
11 973
-
Corporate
-
132 000
-
-
income
-
29 040
-
-
total
-
29 040
-
-
Dividends
-
102 960
-
-
income
-
22 651
-
-
total
-
22 651
-
-
Income
132 000
132 000
132 000
132 000
Total tax
102 037
51 691
12 669
40 777
After tax
29 963
80 309
119 331
91 223
Living cost
41 553
41 553
41 553
41 553
Free-cash
-11 590
38 756
77 778
49 670

Estimated living cost  is ₽41553 per week

₽26961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽10154
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
₽64169
₽61599
₽62824
₽67818
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
-
-
-
132 000
income
-
-
-
23 014
health
-
-
-
3 366
social contributions
-
-
-
14 243
total
-
-
-
40 623
Employee
67 692
67 692
122 162
-
health
673
1 151
2 077
-
income
7 108
6 266
22 355
-
social contributions
3 289
5 618
7 578
-
total
11 070
13 035
32 010
-
Employer
67 692
67 692
122 162
-
health
733
1 253
2 260
-
social contributions
3 289
5 618
7 578
-
total
4 022
6 871
9 838
-
Corporate
88 353
57 437
-
-
income
11 044
7 180
-
-
total
11 044
7 180
-
-
Dividends
77 309
50 257
-
-
withholding
13 142
8 543
-
-
total
13 142
8 543
-
-
Income
132 000
132 000
132 000
132 000
Total tax
39 278
35 629
41 848
40 623
After tax
92 722
96 371
90 152
91 377
Living cost
28 553
28 553
28 553
28 553
Free-cash
64 169
67 818
61 599
62 824

Estimated living cost  is ₽28553 per week

₽19519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
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.
₽6325
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
₽61894
₽45482
₽57519
₽56918
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
-
-
-
132 000
income
-
-
-
36 021
pensions
-
-
-
7 242
total
-
-
-
43 263
Employee
42 851
-
115 458
-
health
559
-
1 737
-
pensions
3 271
-
9 024
-
income
7 804
-
27 997
-
total
11 634
-
38 758
-
Employer
42 851
-
115 458
-
health
814
-
2 193
-
pensions
4 329
-
14 349
-
total
5 143
-
16 542
-
Corporate
84 005
132 000
-
-
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.

15 961
25 080
-
-
total
15 961
25 080
-
-
Dividends
68 044
106 920
-
-
withholding
6 150
18 784
-
-
total
6 150
18 784
-
-
Income
132 000
132 000
132 000
132 000
Total tax
38 888
43 864
55 300
43 263
After tax
93 112
88 136
76 700
88 737
Living cost
31 218
31 218
31 218
31 218
Free-cash
61 894
56 918
45 482
57 519

Estimated living cost  is ₽31218 per week

₽21415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
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.
₽6539
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
₽30454
₽21907
₽27803
₽34457
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
-
-
-
132 000
municipal
-
-
-
882
regional
-
-
-
2 998
social contributions
-
-
-
33 951
national
-
-
-
31 296
total
-
-
-
69 127
Employee
74 181
-
132 000
-
social contributions
25 013
-
44 511
-
regional
1 120
-
2 627
-
national
12 536
-
27 098
-
municipal
443
-
787
-
total
39 112
-
75 023
-
Employer
74 181
-
132 000
-
total
-
-
-
-
Corporate
57 819
132 000
-
-
nationa
13 877
31 681
-
-
municipal
2 787
6 363
-
-
total
16 664
38 044
-
-
Dividends
41 155
93 956
-
-
withholding
10 700
24 429
-
-
total
10 700
24 429
-
-
Income
132 000
132 000
132 000
132 000
Total tax
66 476
62 473
75 023
69 127
After tax
65 524
69 527
56 977
62 873
Living cost
35 070
35 070
35 070
35 070
Free-cash
30 454
34 457
21 907
27 803

Estimated living cost  is ₽35070 per week

₽24634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽7492
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
₽7783
₽52046
₽71348
-₽8267
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
-
-
-
132 000
pensions
-
-
-
3 586
income
-
-
-
35 691
other
-
-
-
319
health
-
-
-
1 879
accident
-
-
-
218
total
-
-
-
41 693
Employee
29 824
-
117 658
-
health
3 415
-
13 471
-
pensions
3 358
-
6 575
-
income
4 092
-
26 607
-
total
10 865
-
46 653
-
Employer
29 824
-
117 658
-
pensions
4 850
-
9 495
-
accident
498
-
1 965
-
unemployment
731
-
2 882
-
total
6 079
-
14 342
-
Corporate
96 098
132 000
-
-
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.

86 488
118 800
-
-
total
86 488
118 800
-
-
Dividends
9 610
13 200
-
-
withholding
1 826
2 508
-
-
total
1 826
2 508
-
-
Income
132 000
132 000
132 000
132 000
Total tax
105 258
121 308
60 995
41 693
After tax
26 742
10 692
71 005
90 307
Living cost
18 959
18 959
18 959
18 959
Free-cash
7 783
-8 267
52 046
71 348

Estimated living cost  is ₽18959 per week

₽13896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1050
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.
₽3618
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
₽45501
₽51652
₽38583
₽33983
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.

-
-
-
132 000
trade
-
-
-
13 069
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.

-
-
-
38 244
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.

-
-
-
6 014
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.

-
-
-
2 103
total
-
-
-
59 430
Employee

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

43 801
-
132 000
-
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.

6 014
-
6 014
-
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.

3 602
-
38 244
-
surtax

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

199
-
2 103
-
total
9 815
-
46 361
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 199
132 000
-
-
income
13 229
19 800
-
-
trade
12 656
18 943
-
-
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.

728
1 089
-
-
chamber of commerce
262
327
-
-
total
26 875
40 159
-
-
Dividends
61 323
91 841
-
-
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.

825
1 245
-
-
withholding
14 997
22 626
-
-
total
15 822
23 871
-
-
Income
132 000
132 000
132 000
132 000
Total tax
52 512
64 030
46 361
59 430
After tax
79 488
67 970
85 639
72 570
Living cost
33 987
33 987
33 987
33 987
Free-cash
45 501
33 983
51 652
38 583

Estimated living cost  is ₽33987 per week

₽23445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3657
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.
₽6392
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
₽80064
₽62064
₽24697
₽87286
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.

-
-
-
132 000
income
-
-
-
21 600
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.

-
-
-
33 729
surtax
-
-
-
33 660
total
-
-
-
88 989
Employee
25 723
-
94 716
-
income
4 579
-
18 386
-
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.

2 830
-
10 419
-
surtax
-
-
-
-
total
7 409
-
28 805
-
Employer
25 723
-
94 716
-
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.

6 196
-
22 817
-
surtax
-
-
-
-
total
6 196
-
22 817
-
Corporate
100 081
132 000
-
-
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%.

20 017
26 400
-
-
total
20 017
26 400
-
-
Dividends

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

80 064
105 600
-
-
total
-
-
-
-
Income
132 000
132 000
132 000
132 000
Total tax
33 622
26 400
51 622
88 989
After tax
98 378
105 600
80 378
43 011
Living cost
18 314
18 314
18 314
18 314
Free-cash
80 064
87 286
62 064
24 697

Estimated living cost  is ₽18314 per week

₽11684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
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.
₽4470
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
₽70482
₽68870
₽69596
₽72159
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
-
-
-
132 000
income
-
-
-
39 349
health
-
-
-
5 399
pensions
-
-
-
7 447
total
-
-
-
52 195
Employee
15 550
-
123 622
-
health
778
-
1 862
-
unemployment
156
-
372
-
pensions
1 399
-
3 351
-
income
3 008
-
38 958
-
total
5 341
-
44 543
-
Employer
15 550
-
123 622
-
health
1 477
-
3 537
-
pensions
1 711
-
4 096
-
unemployment
311
-
745
-
total
3 499
-
8 378
-
Corporate
112 951
132 000
-
-
income
24 849
29 040
-
-
total
24 849
29 040
-
-
Dividends
88 102
102 960
-
-
withholding
17 620
20 592
-
-
total
17 620
20 592
-
-
Income
132 000
132 000
132 000
132 000
Total tax
51 309
49 632
52 921
52 195
After tax
80 691
82 368
79 079
79 805
Living cost
10 209
10 209
10 209
10 209
Free-cash
70 482
72 159
68 870
69 596

Estimated living cost  is ₽10209 per week

₽6067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽234
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.
₽3081
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
₽60454
₽38802
₽42868
₽63254
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
-
-
-
132 000
pensions
-
-
-
23 498
unemployment
-
-
-
200
income
-
-
-
32 619
other
-
-
-
-
health
-
-
-
8 341
surtax
-
-
-
4 701
total
-
-
-
69 359
Employee
29 646
-
109 046
-
health
757
-
2 780
-
unemployment
2 063
-
7 589
-
pensions
1 978
-
7 274
-
income
4 970
-
28 769
-
other
-
-
-
-
surtax
105
-
4 059
-
total
9 873
-
50 471
-
Employer
29 646
-
109 046
-
health
1 348
-
4 962
-
pensions
3 953
-
14 536
-
unemployment
941
-
3 456
-
other
-
-
-
-
total
6 242
-
22 954
-
Corporate
96 113
132 000
-
-
income
24 990
34 320
-
-
total
24 990
34 320
-
-
Dividends
71 123
97 680
-
-
withholding
10 668
14 653
-
-
total
10 668
14 653
-
-
Income
132 000
132 000
132 000
132 000
Total tax
51 773
48 973
73 425
69 359
After tax
80 227
83 027
58 575
62 641
Living cost
19 773
19 773
19 773
19 773
Free-cash
60 454
63 254
38 802
42 868

Estimated living cost  is ₽19773 per week

₽11938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽5658
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
₽44830
₽6331
₽39742
₽45265
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
-
-
-
132 000
pensions
-
-
-
19 026
chamber of commerce
-
-