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
₽ 137000
per

Your estimated
City
free-cash

Valencia , Spain
₽66152
₽51887
₽55200
₽69638
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
-
-
-
137 000
unemployment
-
-
-
512
income
-
-
-
38 144
other
-
-
-
73
accident
-
-
-
659
pensions
-
-
-
20 705
total
-
-
-
60 093
Employee
29 188
-
113 675
-
unemployment
452
-
1 134
-
pensions
1 372
-
3 439
-
income
5 627
-
35 434
-
other
28
-
73
-
total
7 479
-
40 080
-
Employer
29 188
-
113 675
-
pensions
6 888
-
17 267
-
accident
578
-
1 449
-
unemployment
1 606
-
4 024
-
other
234
-
586
-
total
9 306
-
23 326
-
Corporate
98 507
137 000
-
-
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.

14 776
20 549
-
-
total
14 776
20 549
-
-
Dividends
83 731
116 451
-
-
withholding
17 580
25 106
-
-
total
17 580
25 106
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 141
45 655
63 406
60 093
After tax
87 859
91 345
73 594
76 907
Living cost
21 707
21 707
21 707
21 707
Free-cash
66 152
69 638
51 887
55 200

Estimated living cost  is ₽21707 per week

₽14652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
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.
₽4588
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
₽74290
₽56661
₽55213
₽79619
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
-
-
-
137 000
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.

-
-
-
28 809
income
-
-
-
20 961
other
-
-
-
5 701
health
-
-
-
5 282
total
-
-
-
60 753
Employee
28 661
-
109 425
-
health
401
-
1 532
-
unemployment
286
-
1 094
-
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.

2 006
-
7 659
-
income
4 934
-
21 445
-
total
7 627
-
31 730
-
Employer
28 661
-
109 425
-
health
401
-
1 532
-
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.

4 873
-
18 602
-
accident
229
-
875
-
unemployment
286
-
1 094
-
other
1 434
-
5 472
-
total
7 223
-
27 575
-
Corporate
101 115
137 000
-
-
income
21 234
28 770
-
-
total
21 234
28 770
-
-
Dividends
79 882
108 230
-
-
withholding
5 592
7 577
-
-
total
5 592
7 577
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 676
36 347
59 305
60 753
After tax
95 324
100 653
77 695
76 247
Living cost
21 034
21 034
21 034
21 034
Free-cash
74 290
79 619
56 661
55 213

Estimated living cost  is ₽21034 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
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.
₽4413
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
₽103095
₽104056
₽98709
₽106768
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
-
-
-
137 000
pensions

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

-
-
-
4 088
unemployment
-
-
-
110
income
-
-
-
20 550
health
-
-
-
3 176
total
-
-
-
27 924
Employee
13 728
-
131 581
-
health
631
-
1 270
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 205
-
2 425
-
income
1 373
-
13 158
-
total
3 360
-
17 157
-
Employer
13 728
-
131 581
-
health
948
-
1 906
-
pensions

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

1 513
-
3 044
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 694
-
5 420
-
Corporate
120 579
137 000
-
-
income
12 058
13 700
-
-
total
12 058
13 700
-
-
Dividends
108 521
123 300
-
-
withholding
5 426
6 165
-
-
total
5 426
6 165
-
-
Income
137 000
137 000
137 000
137 000
Total tax
23 538
19 865
22 577
27 924
After tax
113 462
117 135
114 423
109 076
Living cost
10 367
10 367
10 367
10 367
Free-cash
103 095
106 768
104 056
98 709

Estimated living cost  is ₽10367 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
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.
₽3300
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
₽46703
₽48495
₽50230
₽42041
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
-
-
-
137 000
income
-
-
-
21 260
other
-
-
-
4 247
health
-
-
-
5 728
social contributions
-
-
-
3 904
pensions
-
-
-
24 624
surtax
-
-
-
-
total
-
-
-
59 763
Employee
33 784
-
106 273
-
pensions
3 820
-
7 289
-
income
1 994
-
20 453
-
social contributions
963
-
3 029
-
surtax
-
-
-
-
total
6 777
-
30 771
-
Employer
33 784
-
106 273
-
health
2 365
-
9 714
-
social contributions
102
-
319
-
pensions
5 550
-
12 288
-
unemployment
1 368
-
4 304
-
other
1 165
-
4 102
-
total
10 550
-
30 727
-
Corporate
92 666
137 000
-
-
income
25 947
38 360
-
-
surtax
-
-
-
-
total
25 947
38 360
-
-
Dividends
66 719
98 640
-
-
social contributions
11 476
16 966
-
-
surtax
-
-
-
-
withholding
8 540
12 626
-
-
total
20 016
29 592
-
-
Income
137 000
137 000
137 000
137 000
Total tax
63 290
67 952
61 498
59 763
After tax
73 710
69 048
75 502
77 237
Living cost
27 007
27 007
27 007
27 007
Free-cash
46 703
42 041
48 495
50 230

Estimated living cost  is ₽27007 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽7324
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
₽29891
₽52304
₽42709
₽34728
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
-
-
-
137 000
pensions
-
-
-
9 249
income
-
-
-
42 240
health
-
-
-
9 734
total
-
-
-
61 223
Employee
67 409
67 409
122 330
-
health
10 347
8 801
9 734
-
pensions
12 134
9 249
9 249
-
income

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

11 034
11 034
17 975
-
total
33 515
29 084
36 958
-
Employer
67 409
67 409
122 330
-
health
4 686
4 686
5 823
-
pensions
4 692
4 692
5 832
-
unemployment
2 427
2 427
3 015
-
total
11 805
11 805
14 670
-
Corporate
58 614
57 787
-
-
income
11 723
11 557
-
-
total
11 723
11 557
-
-
Dividends
46 890
46 230
-
-
income
9 965
9 824
-
-
withholding
7 033
6 934
-
-
total
16 998
16 758
-
-
Income
137 000
137 000
137 000
137 000
Total tax
74 041
69 204
51 628
61 223
After tax
62 959
67 796
85 372
75 777
Living cost
33 068
33 068
33 068
33 068
Free-cash
29 891
34 728
52 304
42 709

Estimated living cost  is ₽33068 per week

₽23434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
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
₽53926
₽63259
₽47461
₽45194
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.

-
-
-
137 000
trade
-
-
-
15 798
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.

-
-
-
42 122
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.

-
-
-
5 393
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.

-
-
-
2 317
total
-
-
-
65 630
Employee

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

30 192
-
137 000
-
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.

5 393
-
5 393
-
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.

843
-
42 122
-
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.

46
-
2 317
-
total
6 282
-
49 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 808
137 000
-
-
income
16 021
20 549
-
-
trade
16 822
21 577
-
-
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.

881
1 129
-
-
chamber of commerce
273
316
-
-
total
33 997
43 571
-
-
Dividends
72 811
93 428
-
-
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.

984
1 269
-
-
withholding
17 902
23 057
-
-
total
18 886
24 326
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 165
67 897
49 832
65 630
After tax
77 835
69 103
87 168
71 370
Living cost
23 909
23 909
23 909
23 909
Free-cash
53 926
45 194
63 259
47 461

Estimated living cost  is ₽23909 per week

₽15040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
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.
₽5635
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
₽77376
₽74254
₽75467
₽81673
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
-
-
-
137 000
income
-
-
-
26 992
health
-
-
-
3 493
social contributions
-
-
-
12 772
total
-
-
-
43 257
Employee
60 699
60 699
127 840
-
health
470
1 032
2 174
-
income
6 609
5 619
26 341
-
social contributions
2 295
5 038
6 795
-
total
9 374
11 689
35 310
-
Employer
60 699
60 699
127 840
-
health
511
1 123
2 365
-
social contributions
2 295
5 038
6 795
-
total
2 806
6 161
9 160
-
Corporate
106 544
70 140
-
-
income
13 319
8 768
-
-
total
13 319
8 768
-
-
Dividends
93 225
61 372
-
-
withholding
15 849
10 433
-
-
total
15 849
10 433
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 348
37 051
44 470
43 257
After tax
95 652
99 949
92 530
93 743
Living cost
18 276
18 276
18 276
18 276
Free-cash
77 376
81 673
74 254
75 467

Estimated living cost  is ₽18276 per week

₽10953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽5126
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
₽52369
₽38354
₽48737
₽53166
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.

-
-
-
137 000
income
-
-
-
15 896
social contributions

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

-
-
-
47 607
surtax
-
-
-
-
total
-
-
-
63 503
Employee
36 305
-
110 707
-
income
7 552
-
35 416
-
social contributions
3 994
-
12 177
-
surtax
-
-
-
-
total
11 546
-
47 593
-
Employer
36 305
-
110 707
-
social contributions
8 622
-
26 293
-
total
8 622
-
26 293
-
Corporate
92 073
137 000
-
-
income
19 336
28 770
-
-
surtax
-
-
-
-
total
19 336
28 770
-
-
Dividends
72 737
108 230
-
-
withholding
20 367
30 304
-
-
total
20 367
30 304
-
-
Income
137 000
137 000
137 000
137 000
Total tax
59 871
59 074
73 886
63 503
After tax
77 129
77 926
63 114
73 497
Living cost
24 760
24 760
24 760
24 760
Free-cash
52 369
53 166
38 354
48 737

Estimated living cost  is ₽24760 per week

₽18526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4361
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
₽123042
₽103614
₽129644
₽124164
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%.

-
-
-
137 000
microenterprise

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

-
-
-
1 370
total
-
-
-
1 370
Employee
7 482
-
137 000
-
income
1 496
-
27 400
-
total
1 496
-
27 400
-
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%.

129 518
137 000
-
-
total
-
-
-
-
Dividends
129 518
137 000
-
-
withholding
6 476
6 850
-
-
total
6 476
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
7 972
6 850
27 400
1 370
After tax
129 028
130 150
109 600
135 630
Living cost
5 986
5 986
5 986
5 986
Free-cash
123 042
124 164
103 614
129 644

Estimated living cost  is ₽5986 per week

₽3710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
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.
₽1614
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
₽66549
₽42217
₽45844
₽73151
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.

-
-
-
137 000
pensions
-
-
-
25 019
unemployment
-
-
-
205
income
-
-
-
31 279
health
-
-
-
13 480
total
-
-
-
69 983
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.

34 906
-
118 543
-
health
2 254
-
7 658
-
unemployment
49
-
166
-
pensions
5 411
-
18 374
-
income
6 020
-
28 958
-
total
13 734
-
55 156
-
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.

34 906
-
118 543
-
health
2 325
-
7 894
-
pensions
3 089
-
10 490
-
unemployment
21
-
70
-
total
5 435
-
18 454
-
Corporate
96 659
137 000
-
-
income
18 365
26 030
-
-
total
18 365
26 030
-
-
Dividends
78 294
110 970
-
-
withholding
11 744
16 646
-
-
total
11 744
16 646
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 278
42 676
73 610
69 983
After tax
87 722
94 324
63 390
67 017
Living cost
21 173
21 173
21 173
21 173
Free-cash
66 549
73 151
42 217
45 844

Estimated living cost  is ₽21173 per week

₽14530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
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.
₽4876
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
₽58985
₽68880
₽80910
₽56226
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.

-
-
-
137 000
income
-
-
-
22 470
health

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

-
-
-
4 966
total
-
-
-
27 436
Employee
36 212
-
133 369
-
social contributions
3 628
-
3 631
-
income
3 929
-
32 204
-
total
7 557
-
35 835
-
Employer
36 212
-
133 369
-
social contributions
3 628
-
3 631
-
total
3 628
-
3 631
-
Corporate
97 160
137 000
-
-
income
34 006
47 950
-
-
total
34 006
47 950
-
-
Dividends
63 155
89 050
-
-
social contributions
4 170
4 170
-
-
total
4 170
4 170
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 361
52 120
39 466
27 436
After tax
87 639
84 880
97 534
109 564
Living cost
28 654
28 654
28 654
28 654
Free-cash
58 985
56 226
68 880
80 910

Estimated living cost  is ₽28654 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
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.
₽7081
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
₽67253
₽68478
₽71244
₽66844
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
-
-
-
137 000
income
-
-
-
20 549
health
-
-
-
9 563
social contributions
-
-
-
18 906
total
-
-
-
49 018
Employee
26 764
-
137 000
-
health
1 868
-
9 563
-
income
4 464
-
23 315
-
social contributions
3 694
-
18 906
-
total
10 026
-
51 784
-
Employer
26 764
-
137 000
-
total
-
-
-
-
Corporate
110 236
137 000
-
-
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%.

5 511
6 850
-
-
total
5 511
6 850
-
-
Dividends
104 725
130 150
-
-
social contributions
14 453
17 961
-
-
withholding
15 709
19 523
-
-
health
7 310
9 084
-
-
total
37 472
46 568
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 009
53 418
51 784
49 018
After tax
83 991
83 582
85 216
87 982
Living cost
16 738
16 738
16 738
16 738
Free-cash
67 253
66 844
68 478
71 244

Estimated living cost  is ₽16738 per week

₽11202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
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.
₽4118
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
₽64323
₽50501
₽56370
₽72213
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
-
-
-
137 000
income
-
-
-
13 903
health
-
-
-
18 495
social contributions
-
-
-
25 822
solidarity contribution
-
-
-
298
total
-
-
-
58 518
Employee
32 518
-
105 406
-
health
4 390
-
14 230
-
solidarity contribution
-
-
-
-
income
3 902
-
12 814
-
social contributions
2 114
-
5 748
-
total
10 406
-
32 792
-
Employer
32 518
-
105 406
-
health
2 927
-
9 487
-
social contributions
8 130
-
22 108
-
total
11 057
-
31 595
-
Corporate
93 425
137 000
-
-
income
17 751
26 030
-
-
total
17 751
26 030
-
-
Dividends
75 675
110 970
-
-
withholding
11 351
16 645
-
-
total
11 351
16 645
-
-
Income
137 000
137 000
137 000
137 000
Total tax
50 565
42 675
64 387
58 518
After tax
86 435
94 325
72 613
78 482
Living cost
22 112
22 112
22 112
22 112
Free-cash
64 323
72 213
50 501
56 370

Estimated living cost  is ₽22112 per week

₽16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4061
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
₽119073
₽100272
₽126302
₽120822
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%.

-
-
-
137 000
microenterprise

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

-
-
-
1 370
total
-
-
-
1 370
Employee
11 661
-
137 000
-
income
2 332
-
27 400
-
total
2 332
-
27 400
-
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%.

125 339
137 000
-
-
total
-
-
-
-
Dividends
125 339
137 000
-
-
withholding
6 267
6 850
-
-
total
6 267
6 850
-
-
Income
137 000
137 000
137 000
137 000
Total tax
8 599
6 850
27 400
1 370
After tax
128 401
130 150
109 600
135 630
Living cost
9 328
9 328
9 328
9 328
Free-cash
119 073
120 822
100 272
126 302

Estimated living cost  is ₽9328 per week

₽6313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
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.
₽2311
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
₽36348
₽37376
₽39111
₽30922
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
-
-
-
137 000
income
-
-
-
21 260
other
-
-
-
4 247
health
-
-
-
5 728
social contributions
-
-
-
3 904
pensions
-
-
-
24 624
surtax
-
-
-
-
total
-
-
-
59 763
Employee
49 440
-
106 273
-
pensions
5 592
-
7 289
-
income
4 314
-
20 453
-
social contributions
1 408
-
3 029
-
surtax
-
-
-
-
total
11 314
-
30 771
-
Employer
49 440
-
106 273
-
health
3 460
-
9 714
-
social contributions
148
-
319
-
pensions
8 124
-
12 288
-
unemployment
2 003
-
4 304
-
other
1 706
-
4 102
-
total
15 441
-
30 727
-
Corporate
72 119
137 000
-
-
income
20 193
38 360
-
-
surtax
-
-
-
-
total
20 193
38 360
-
-
Dividends
51 926
98 640
-
-
social contributions
8 931
16 966
-
-
surtax
-
-
-
-
withholding
6 647
12 626
-
-
total
15 578
29 592
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 526
67 952
61 498
59 763
After tax
74 474
69 048
75 502
77 237
Living cost
38 126
38 126
38 126
38 126
Free-cash
36 348
30 922
37 376
39 111

Estimated living cost  is ₽38126 per week

₽25803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
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.
₽8681
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
₽81503
₽70448
₽70450
₽85375
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.

-
-
-
137 000
pensions
-
-
-
15 119
unemployment
-
-
-
872
income
-
-
-
30 963
health
-
-
-
5 989
total
-
-
-
52 943
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.

20 519
-
126 591
-
health
1 057
-
2 995
-
unemployment
154
-
436
-
pensions
2 873
-
8 141
-
income
2 828
-
30 963
-
total
6 912
-
42 535
-
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.

20 519
-
126 591
-
health
1 057
-
2 995
-
pensions
2 462
-
6 978
-
unemployment
154
-
436
-
total
3 673
-
10 409
-
Corporate
112 808
137 000
-
-
income
16 921
20 550
-
-
total
16 921
20 550
-
-
Dividends
95 887
116 450
-
-
withholding
14 383
17 468
-
-
total
14 383
17 468
-
-
Income
137 000
137 000
137 000
137 000
Total tax
41 889
38 018
52 944
52 943
After tax
95 111
98 982
84 056
84 057
Living cost
13 608
13 608
13 608
13 608
Free-cash
81 503
85 375
70 448
70 450

Estimated living cost  is ₽13608 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽2999
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
₽31910
₽50284
₽56123
₽8925
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
-
-
-
137 000
pensions
-
-
-
12 604
city
-
-
-
1 445
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.

-
-
-
2 740
health
-
-
-
308
regional
-
-
-
7 190
national
-
-
-
2 868
total
-
-
-
27 155
Employee
62 868
-
122 815
-
health
142
-
276
-
unemployment
-
-
-
-
city
675
-
1 322
-
pensions
5 282
-
10 103
-
regional
2 059
-
6 267
-
national
298
-
2 191
-
total
8 456
-
20 159
-
Employer
62 868
-
122 815
-
health
142
-
276
-
pensions
5 282
-
10 103
-
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.

1 257
-
2 456
-
total
6 681
-
12 835
-
Corporate
66 760
137 000
-
-
regional
14 119
28 975
-
-
national
5 675
11 645
-
-
total
19 794
40 620
-
-
Dividends
46 965
96 379
-
-
withholding
16 437
33 733
-
-
total
16 437
33 733
-
-
Income
137 000
137 000
137 000
137 000
Total tax
51 368
74 353
32 994
27 155
After tax
85 632
62 647
104 006
109 845
Living cost
53 722
53 722
53 722
53 722
Free-cash
31 910
8 925
50 284
56 123

Estimated living cost  is ₽53722 per week

₽34935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
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.
₽13307
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
₽57605
₽41692
₽58355
₽55668
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

-
-
-
137 000
municipal
-
-
-
24 339
health
-
-
-
1 780
national
-
-
-
22 220
total
-
-
-
48 339
Employee
41 530
-
115 252
-
health
310
-
1 446
-
unemployment
623
-
1 729
-
pensions
2 803
-
7 779
-
national
686
-
13 526
-
municipal
6 802
-
18 774
-
total
11 224
-
43 254
-
Employer
41 530
-
115 252
-
health
319
-
887
-
pensions
7 205
-
19 997
-
accident
42
-
115
-
unemployment
270
-
749
-
total
7 836
-
21 748
-
Corporate
87 634
137 000
-
-
income
17 526
27 400
-
-
total
17 526
27 400
-
-
Dividends

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

52 580
82 200
-
-
municipal
9 464
14 796
-
-
national
3 039
8 830
-
-
total
12 503
23 626
-
-
Income
137 000
137 000
137 000
137 000
Total tax
49 089
51 026
65 002
48 339
After tax
87 911
85 974
71 998
88 661
Living cost
30 306
30 306
30 306
30 306
Free-cash
57 605
55 668
41 692
58 355

Estimated living cost  is ₽30306 per week

₽19796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽7114
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
₽36004
₽19564
₽30601
₽47842
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
-
-
-
137 000
communal

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

-
-
-
7 039
social contributions
-
-
-
19 680
national
-
-
-
50 898
total
-
-
-
77 617
Employee

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

56 464
-
106 112
-
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.

2 653
-
4 988
-
communal

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

2 945
-
5 535
-
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.

491
-
923
-
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.

4 235
-
7 959
-
national
17 359
-
38 360
-
total
27 683
-
57 765
-
Employer

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

56 464
-
106 112
-
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.

3 472
-
6 527
-
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.

5 003
-
9 401
-
surtax
6 402
-
12 032
-
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.

734
-
1 380
-
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.

824
-
1 549
-
total
16 435
-
30 889
-
Corporate
64 100
137 000
-
-
income
12 820
27 400
-
-
surtax
256
548
-
-
total
13 076
27 948
-
-
Dividends
51 024
109 052
-
-
withholding

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

15 020
32 428
-
-
total
15 020
32 428
-
-
Income
137 000
137 000
137 000
137 000
Total tax
72 214
60 376
88 654
77 617
After tax
64 786
76 624
48 346
59 383
Living cost
28 782
28 782
28 782
28 782
Free-cash
36 004
47 842
19 564
30 601

Estimated living cost  is ₽28782 per week

₽18539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
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.
₽7276
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
₽39866
₽36203
₽37032
₽40631
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
-
-
-
137 000
unemployment
-
-
-
75
municipal
-
-
-
34 384
other
-
-
-
8 702
health
-
-
-
4 673
national
-
-
-
9 717
accident
-
-
-
150
pensions
-
-
-
8 096
total
-
-
-
65 797
Employee
48 691
-
113 469
-
national
-
-
9 258
-
municipal
14 520
-
33 837
-
total
14 520
-
43 095
-
Employer
48 691
-
113 469
-
health
2 994
-
4 606
-
pensions
5 263
-
8 096
-
accident
97
-
150
-
unemployment
1 285
-
1 977
-
other
5 658
-
8 702
-
total
15 297
-
23 531
-
Corporate
73 010
137 000
-
-
income
16 062
30 140
-
-
total
16 062
30 140
-
-
Dividends
56 948
106 860
-
-
withholding
17 084
32 058
-
-
total
17 084
32 058
-
-
Income
137 000
137 000
137 000
137 000
Total tax
62 963
62 198
66 626
65 797
After tax
74 037
74 802
70 374
71 203
Living cost
34 171
34 171
34 171
34 171
Free-cash
39 866
40 631
36 203
37 032

Estimated living cost  is ₽34171 per week

₽22647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
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.
₽7652
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
₽3552
₽87472
₽56722
₽45395
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
-
-
-
137 000
income
-
-
-
26 704
social contributions
-
-
-
15 618
total
-
-
-
42 322
Employee
54 424
-
-
-
income
12 005
-
-
-
social contributions
4 463
-
636
-
total
16 468
-
636
-
Employer
54 424
-
-
-
social contributions
76 738
-
10 936
-
total
76 738
-
10 936
-
Corporate
5 838
137 000
-
-
income
1 284
30 140
-
-
total
1 284
30 140
-
-
Dividends
4 554
106 860
-
-
income
1 002
23 509
-
-
total
1 002
23 509
-
-
Income
137 000
137 000
137 000
137 000
Total tax
95 492
53 649
11 572
42 322
After tax
41 508
83 351
125 428
94 678
Living cost
37 956
37 956
37 956
37 956
Free-cash
3 552
45 395
87 472
56 722

Estimated living cost  is ₽37956 per week

₽24628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
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.
₽9275
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
₽71071
₽66927
₽68140
₽74346
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
-
-
-
137 000
income
-
-
-
26 992
health
-
-
-
3 493
social contributions
-
-
-
12 772
total
-
-
-
43 257
Employee
60 699
60 699
127 840
-
health
604
1 032
2 174
-
income
6 374
5 619
26 341
-
social contributions
2 950
5 038
6 795
-
total
9 928
11 689
35 310
-
Employer
60 699
60 699
127 840
-
health
658
1 123
2 365
-
social contributions
2 950
5 038
6 795
-
total
3 608
6 161
9 160
-
Corporate
97 862
70 140
-
-
income
12 233
8 768
-
-
total
12 233
8 768
-
-
Dividends
85 630
61 372
-
-
withholding
14 557
10 433
-
-
total
14 557
10 433
-
-
Income
137 000
137 000
137 000
137 000
Total tax
40 326
37 051
44 470
43 257
After tax
96 674
99 949
92 530
93 743
Living cost
25 603
25 603
25 603
25 603
Free-cash
71 071
74 346
66 927
68 140

Estimated living cost  is ₽25603 per week

₽17502
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.
₽430
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.
₽5671
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
₽65632
₽50041
₽62421
₽61143
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
-
-
-
137 000
income
-
-
-
39 518
pensions
-
-
-
6 892
total
-
-
-
46 410
Employee
38 666
-
119 645
-
health
504
-
1 722
-
pensions
2 951
-
8 451
-
income
7 041
-
31 262
-
total
10 496
-
41 435
-
Employer
38 666
-
119 645
-
health
735
-
2 273
-
pensions
3 907
-
15 082
-
total
4 642
-
17 355
-
Corporate
93 693
137 000
-
-
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.

17 802
26 029
-
-
total
17 802
26 029
-
-
Dividends
75 890
110 971
-
-
withholding
10 259
21 659
-
-
total
10 259
21 659
-
-
Income
137 000
137 000
137 000
137 000
Total tax
43 199
47 688
58 790
46 410
After tax
93 801
89 312
78 210
90 590
Living cost
28 169
28 169
28 169
28 169
Free-cash
65 632
61 143
50 041
62 421

Estimated living cost  is ₽28169 per week

₽19324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
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.
₽5901
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
₽37126
₽26513
₽32526
₽40714
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
-
-
-
137 000
municipal
-
-
-
915
regional
-
-
-
3 136
social contributions
-
-
-
35 237
national
-
-
-
33 739
total
-
-
-
73 027
Employee
66 517
-
137 000
-
social contributions
22 429
-
46 196
-
regional
1 004
-
2 781
-
national
11 241
-
29 245
-
municipal
397
-
818
-
total
35 071
-
79 040
-
Employer
66 517
-
137 000
-
total
-
-
-
-
Corporate
70 483
137 000
-
-
nationa
16 915
32 881
-
-
municipal
3 397
6 603
-
-
total
20 312
39 484
-
-
Dividends
50 170
97 516
-
-
withholding
13 044
25 355
-
-
total
13 044
25 355
-
-
Income
137 000
137 000
137 000
137 000
Total tax
68 427
64 839
79 040
73 027
After tax
68 573
72 161
57 960
63 973
Living cost
31 447
31 447
31 447
31 447
Free-cash
37 126
40 714
26 513
32 526

Estimated living cost  is ₽31447 per week

₽22089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽6718
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
₽8514
₽57659
₽76811
-₽5737
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
-
-
-
137 000
pensions
-
-
-
3 184
income
-
-
-
38 025
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
43 355
Employee
26 480
-
123 483
-
health
3 032
-
14 139
-
pensions
2 982
-
5 838
-
income
3 633
-
29 013
-
total
9 647
-
48 990
-
Employer
26 480
-
123 483
-
pensions
4 306
-
8 430
-
accident
442
-
2 062
-
unemployment
649
-
3 025
-
total
5 397
-
13 517
-
Corporate
105 123
137 000
-
-
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.

94 611
123 300
-
-
total
94 611
123 300
-
-
Dividends
10 512
13 700
-
-
withholding
1 997
2 603
-
-
total
1 997
2 603
-
-
Income
137 000
137 000
137 000
137 000
Total tax
111 652
125 903
62 507
43 355
After tax
25 348
11 097
74 493
93 645
Living cost
16 834
16 834
16 834
16 834
Free-cash
8 514
-5 737
57 659
76 811

Estimated living cost  is ₽16834 per week

₽12338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
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.
₽3212
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
₽50358
₽56692
₽42299
₽40036
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.

-
-
-
137 000
trade
-
-
-
14 393
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.

-
-
-
42 122
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.

-
-
-
5 393
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.

-
-
-
2 317
total
-
-
-
64 225
Employee

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

39 276
-
137 000
-
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.

5 393
-
5 393
-
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.

3 230
-
42 122
-
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.

178
-
2 317
-
total
8 801
-
49 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 724
137 000
-
-
income
14 659
20 549
-
-
trade
14 024
19 660
-
-
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.

806
1 129
-
-
chamber of commerce
264
321
-
-
total
29 753
41 659
-
-
Dividends
67 971
95 341
-
-
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.

918
1 294
-
-
withholding
16 694
23 535
-
-
total
17 612
24 829
-
-
Income
137 000
137 000
137 000
137 000
Total tax
56 166
66 488
49 832
64 225
After tax
80 834
70 512
87 168
72 775
Living cost
30 476
30 476
30 476
30 476
Free-cash
50 358
40 036
56 692
42 299

Estimated living cost  is ₽30476 per week

₽21023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5731
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
₽86702
₽40887
₽30680
₽93178
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.

-
-
-
137 000
income
-
-
-
24 720
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.

-
-
-
30 244
surtax
-
-
-
34 934
total
-
-
-
89 898
Employee
23 066
-
103 006
-
income
4 106
-
20 413
-
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.

2 538
-
10 348
-
surtax
-
-
14 936
-
total
6 644
-
45 697
-
Employer
23 066
-
103 006
-
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.

5 556
-
22 663
-
surtax
-
-
11 331
-
total
5 556
-
33 994
-
Corporate
108 378
137 000
-
-
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%.

21 676
27 400
-
-
total
21 676
27 400
-
-
Dividends

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

86 702
109 600
-
-
total
-
-
-
-
Income
137 000
137 000
137 000
137 000
Total tax
33 876
27 400
79 691
89 898
After tax
103 124
109 600
57 309
47 102
Living cost
16 422
16 422
16 422
16 422
Free-cash
86 702
93 178
40 887
30 680

Estimated living cost  is ₽16422 per week

₽10477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
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.
₽4009
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
₽74112
₽72848
₽73543
₽75718
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
-
-
-
137 000
income
-
-
-
41 394
health
-
-
-
5 167
pensions
-
-
-
7 126
total
-
-
-
53 687
Employee
14 880
-
128 983
-
health
744
-
1 782
-
unemployment
149
-
356
-
pensions
1 339
-
3 207
-
income
2 879
-
41 020
-
total
5 111
-
46 365
-
Employer
14 880
-
128 983
-
health
1 414
-
3 385
-
pensions
1 637
-
3 919
-
unemployment
298
-
713
-
total
3 349
-
8 017
-
Corporate
118 772
137 000
-
-
income
26 130
30 140
-
-
total
26 130
30 140
-
-
Dividends
92 642
106 860
-
-
withholding
18 528
21 372
-
-
total
18 528
21 372
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 118
51 512
54 382
53 687
After tax
83 882
85 488
82 618
83 313
Living cost
9 770
9 770
9 770
9 770
Free-cash
74 112
75 718
72 848
73 543

Estimated living cost  is ₽9770 per week

₽5806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
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.
₽2948
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
₽65933
₽42300
₽47127
₽68442
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
-
-
-
137 000
pensions
-
-
-
21 071
unemployment
-
-
-
180
income
-
-
-
37 637
other
-
-
-
-
health
-
-
-
7 479
surtax
-
-
-
5 776
total
-
-
-
72 143
Employee
26 583
-
114 824
-
health
679
-
2 686
-
unemployment
1 850
-
7 333
-
pensions
1 774
-
7 027
-
income
4 456
-
32 915
-
other
-
-
-
-
surtax
94
-
4 832
-
total
8 853
-
54 793
-
Employer
26 583
-
114 824
-
health
1 209
-
4 794
-
pensions
3 544
-
14 044
-
unemployment
843
-
3 339
-
other
-
-
-
-
total
5 596
-
22 177
-
Corporate
104 820
137 000
-
-
income
27 253
35 620
-
-
total
27 253
35 620
-
-
Dividends
77 568
101 380
-
-
withholding
11 635
15 208
-
-
total
11 635
15 208
-
-
Income
137 000
137 000
137 000
137 000
Total tax
53 337
50 828
76 970
72 143
After tax
83 663
86 172
60 030
64 857
Living cost
17 730
17 730
17 730
17 730
Free-cash
65 933
68 442
42 300
47 127

Estimated living cost  is ₽17730 per week

₽10705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽5074
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
₽50329
₽11200
₽45280
₽50721
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
-
-
-
137 000
pensions
-
-
-
17 061
chamber of commerce
-
-