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
₽ 119000
per

Your estimated
City
free-cash

Dresden , Germany
₽29547
₽40713
₽38254
₽49607
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.

-
-
-
119 000
trade
-
-
-
11 353
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.

-
-
-
30 268
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.

-
-
-
6 894
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.

-
-
-
1 664
total
-
-
-
50 179
Employee

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

38 599
-
119 000
-
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.

6 894
-
6 894
-
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.

59
-
1 664
-
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.

1 078
-
30 268
-
total
8 031
-
38 826
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 401
119 000
-
-
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.

663
982
-
-
income
12 059
17 851
-
-
trade
12 663
18 743
-
-
chamber of commerce
268
324
-
-
total
25 653
37 900
-
-
Dividends
54 748
81 100
-
-
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.

732
1 094
-
-
withholding
13 304
19 892
-
-
total
14 036
20 986
-
-
Income
119 000
119 000
119 000
119 000
Total tax
47 720
58 886
38 826
50 179
After tax
71 280
60 114
80 174
68 821
Living cost
30 567
30 567
30 567
30 567
Free-cash
40 713
29 547
49 607
38 254

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
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.
₽7205
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.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽23262
₽22414
₽20261
₽21194
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
-
-
-
119 000
municipal
-
-
-
12 624
pensions
-
-
-
14 280
national
-
-
-
19 562
social contributions
-
-
-
1 279
total
-
-
-
47 745
Employee
79 050
-
102 874
-
municipal
9 764
-
13 085
-
pensions
3 162
-
4 115
-
national
15 130
-
20 276
-
total
28 056
-
37 476
-
Employer
79 050
-
102 874
-
social contributions
850
-
1 106
-
pensions
6 324
-
8 230
-
total
7 174
-
9 336
-
Corporate
27 559
119 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

5 512
23 800
-
-
total
5 512
23 800
-
-
Dividends
22 047
95 200
-
-
withholding
4 850
20 944
-
-
total
4 850
20 944
-
-
Income
119 000
119 000
119 000
119 000
Total tax
45 592
44 744
46 812
47 745
After tax
73 408
74 256
72 188
71 255
Living cost
50 994
50 994
50 994
50 994
Free-cash
22 414
23 262
21 194
20 261

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
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.
₽10830
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

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽74206
₽65928
₽42326
₽45875
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.

-
-
-
119 000
microenterprise
-
-
-
-
income
-
-
-
17 421
surtax
-
-
-
-
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.

-
-
-
38 258
total
-
-
-
55 679
Employee
29 489
-
95 898
-
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.

3 244
-
10 548
-
surtax
-
-
-
-
income
5 249
-
18 480
-
total
8 493
-
29 028
-
Employer
29 489
-
95 898
-
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.

7 103
-
23 102
-
surtax
-
-
-
-
total
7 103
-
23 102
-
Corporate
82 408
119 000
-
-
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%.

16 481
23 799
-
-
total
16 481
23 799
-
-
Dividends

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

65 927
95 201
-
-
total
-
-
-
-
Income
119 000
119 000
119 000
119 000
Total tax
32 077
23 799
52 130
55 679
After tax
86 923
95 201
66 870
63 321
Living cost
20 995
20 995
20 995
20 995
Free-cash
65 928
74 206
45 875
42 326

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽15766
₽9583
₽25846
₽20951
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
-
-
-
119 000
income
-
-
-
26 610
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
50 878
Employee
86 180
86 180
101 268
-
health
13 228
11 251
12 111
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
38 041
-
Employer
86 180
86 180
101 268
-
unemployment
3 102
3 102
3 646
-
pensions
5 998
5 998
7 048
-
health
5 990
5 990
7 038
-
total
15 090
15 090
17 732
-
Corporate
18 786
17 729
-
-
income
3 757
3 545
-
-
total
3 757
3 545
-
-
Dividends
15 029
14 184
-
-
income
3 194
3 014
-
-
withholding
2 254
2 128
-
-
total
5 448
5 142
-
-
Income
119 000
119 000
119 000
119 000
Total tax
67 141
60 958
55 773
50 878
After tax
51 859
58 042
63 227
68 122
Living cost
42 276
42 276
42 276
42 276
Free-cash
9 583
15 766
20 951
25 846

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
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.
₽7833
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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽25982
₽25107
₽24437
₽23385
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
-
-
-
119 000
municipal
-
-
-
28 103
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
2 711
total
-
-
-
55 571
Employee
55 560
-
92 150
-
municipal
16 568
-
27 479
-
national
-
-
2 293
-
total
16 568
-
29 772
-
Employer
55 560
-
92 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
45 983
119 000
-
-
income
10 116
26 180
-
-
total
10 116
26 180
-
-
Dividends
35 867
92 820
-
-
withholding
10 760
27 846
-
-
total
10 760
27 846
-
-
Income
119 000
119 000
119 000
119 000
Total tax
54 901
54 026
56 623
55 571
After tax
64 099
64 974
62 377
63 429
Living cost
38 992
38 992
38 992
38 992
Free-cash
25 107
25 982
23 385
24 437

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
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.
₽8731
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

Source of data for Stockholm model

Close
Hamburg , Germany
₽19858
₽34041
₽28673
₽40529
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.

-
-
-
119 000
trade
-
-
-
11 856
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.

-
-
-
30 268
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.

-
-
-
6 894
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.

-
-
-
1 664
total
-
-
-
50 682
Employee

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

51 178
-
119 000
-
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.

6 894
-
6 894
-
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.

241
-
1 664
-
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.

4 397
-
30 268
-
total
11 532
-
38 826
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 822
119 000
-
-
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.

559
982
-
-
income
10 173
17 851
-
-
trade
11 157
19 576
-
-
chamber of commerce
249
322
-
-
total
22 138
38 731
-
-
Dividends
45 684
80 269
-
-
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.

607
1 082
-
-
withholding
11 037
19 684
-
-
total
11 644
20 766
-
-
Income
119 000
119 000
119 000
119 000
Total tax
45 314
59 497
38 826
50 682
After tax
73 686
59 503
80 174
68 318
Living cost
39 645
39 645
39 645
39 645
Free-cash
34 041
19 858
40 529
28 673

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
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.
₽8358
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.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽54268
₽50084
₽50783
₽49486
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
-
-
-
119 000
income
-
-
-
16 121
health
-
-
-
3 035
social contributions
-
-
-
16 328
total
-
-
-
35 484
Employee
77 601
77 601
108 310
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
1 840
-
income
8 149
7 184
15 564
-
total
12 692
14 945
26 091
-
Employer
77 601
77 601
108 310
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 003
-
total
4 612
7 877
10 690
-
Corporate
68 964
33 522
-
-
income
8 620
4 190
-
-
total
8 620
4 190
-
-
Dividends
60 344
29 332
-
-
withholding
10 259
4 987
-
-
total
10 259
4 987
-
-
Income
119 000
119 000
119 000
119 000
Total tax
36 183
31 999
36 781
35 484
After tax
82 817
87 001
82 219
83 516
Living cost
32 733
32 733
32 733
32 733
Free-cash
50 084
54 268
49 486
50 783

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽7251
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

Source of data for Limassol model

Close
Budapest , Hungary
₽48636
₽49018
₽64101
₽50649
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
-
-
-
119 000
income
-
-
-
14 548
pensions
-
-
-
11 900
unemployment
-
-
-
1 785
health
-
-
-
8 330
total
-
-
-
36 563
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 469
10 534
99 582
-
health
1 853
737
6 971
-
income
3 236
1 288
12 174
-
pensions
2 647
1 053
9 958
-
unemployment
397
158
1 494
-
total
8 133
3 236
30 597
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 469
10 534
99 582
-
pensions
5 161
2 054
19 418
-
total
5 161
2 054
19 418
-
Corporate
87 370
106 412
-
-
income
7 863
9 577
-
-
total
7 863
9 577
-
-
Dividends
79 507
96 835
-
-
social contributions
15 383
18 762
-
-
withholding
15 106
18 399
-
-
total
30 489
37 161
-
-
Income
119 000
119 000
119 000
119 000
Total tax
51 646
52 028
50 015
36 563
After tax
67 354
66 972
68 985
82 437
Living cost
18 336
18 336
18 336
18 336
Free-cash
49 018
48 636
50 649
64 101

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
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.
₽3957
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

Source of data for Budapest model

Close
Tallinn , Estonia
₽70826
₽64555
₽39411
₽44213
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
-
-
-
119 000
income
-
-
-
15 945
pensions
-
-
-
23 799
health
-
-
-
15 470
total
-
-
-
55 214
Employee
28 629
-
88 938
-
income
3 223
-
17 148
-
pensions
573
-
1 779
-
unemployment
458
-
1 423
-
total
4 254
-
20 350
-
Employer
28 629
-
88 938
-
unemployment
230
-
712
-
pensions
5 726
-
17 788
-
health
3 721
-
11 562
-
total
9 677
-
30 062
-
Corporate
80 694
119 000
-
-
income
16 139
23 799
-
-
total
16 139
23 799
-
-
Dividends
64 555
95 201
-
-
total
-
-
-
-
Income
119 000
119 000
119 000
119 000
Total tax
30 070
23 799
50 412
55 214
After tax
88 930
95 201
68 588
63 786
Living cost
24 375
24 375
24 375
24 375
Free-cash
64 555
70 826
44 213
39 411

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽5715
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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽12433
₽6253
₽59485
₽40539
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
-
-
-
119 000
accident
-
-
-
253
income
-
-
-
30 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
37 443
Employee
34 721
-
103 675
-
health
3 975
-
11 871
-
income
4 763
-
21 540
-
pensions
3 910
-
7 654
-
total
12 648
-
41 065
-
Employer
34 721
-
103 675
-
accident
580
-
1 731
-
unemployment
851
-
2 540
-
pensions
5 646
-
11 053
-
total
7 077
-
15 324
-
Corporate
77 203
119 000
-
-
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.

69 483
107 100
-
-
total
69 483
107 100
-
-
Dividends
7 720
11 900
-
-
withholding
1 467
2 261
-
-
total
1 467
2 261
-
-
Income
119 000
119 000
119 000
119 000
Total tax
90 675
109 361
56 389
37 443
After tax
28 325
9 639
62 611
81 557
Living cost
22 072
22 072
22 072
22 072
Free-cash
6 253
-12 433
40 539
59 485

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4212
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.

Source of data for Gdansk model

Close
Batumi , Georgia
₽103970
₽102267
₽108730
₽86120
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%.

-
-
-
119 000
microenterprise

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

-
-
-
1 190
total
-
-
-
1 190
Employee
11 349
-
119 000
-
income
2 270
-
23 800
-
total
2 270
-
23 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

107 651
119 000
-
-
total
-
-
-
-
Dividends
107 651
119 000
-
-
withholding
5 383
5 950
-
-
total
5 383
5 950
-
-
Income
119 000
119 000
119 000
119 000
Total tax
7 653
5 950
23 800
1 190
After tax
111 347
113 050
95 200
117 810
Living cost
9 080
9 080
9 080
9 080
Free-cash
102 267
103 970
86 120
108 730

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
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.
₽2448
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.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽60539
₽53725
₽37042
₽41966
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
-
-
-
119 000
income
-
-
-
15 618
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.

-
-
-
28 560
other
-
-
-
5 653
health
-
-
-
5 236
total
-
-
-
55 067
Employee
36 642
-
95 050
-
health
513
-
1 331
-
income
6 308
-
17 259
-
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.

2 564
-
6 653
-
unemployment
366
-
950
-
total
9 751
-
26 193
-
Employer
36 642
-
95 050
-
accident
293
-
760
-
other
1 833
-
4 751
-
unemployment
366
-
950
-
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.

6 230
-
16 158
-
health
513
-
1 331
-
total
9 235
-
23 950
-
Corporate
73 123
119 000
-
-
income
15 355
24 990
-
-
total
15 355
24 990
-
-
Dividends
57 768
94 010
-
-
withholding
4 043
6 580
-
-
total
4 043
6 580
-
-
Income
119 000
119 000
119 000
119 000
Total tax
38 384
31 570
50 143
55 067
After tax
80 616
87 430
68 857
63 933
Living cost
26 891
26 891
26 891
26 891
Free-cash
53 725
60 539
41 966
37 042

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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.
₽5642
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

Source of data for Bratislava model

Close
London , United Kingdom
₽16573
₽7524
₽15648
₽4547
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
-
-
-
119 000
income
-
-
-
27 704
pensions
-
-
-
7 922
total
-
-
-
35 626
Employee
95 822
-
104 504
-
health
1 579
-
1 747
-
income
17 273
-
20 304
-
pensions
9 244
-
10 179
-
total
28 096
-
32 230
-
Employer
95 822
-
104 504
-
pensions
11 314
-
12 512
-
health
1 820
-
1 985
-
total
13 134
-
14 497
-
Corporate
10 044
119 000
-
-
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.

1 909
22 610
-
-
total
1 909
22 610
-
-
Dividends
8 135
96 390
-
-
withholding
611
12 091
-
-
total
611
12 091
-
-
Income
119 000
119 000
119 000
119 000
Total tax
43 750
34 701
46 727
35 626
After tax
75 250
84 299
72 273
83 374
Living cost
67 726
67 726
67 726
67 726
Free-cash
7 524
16 573
4 547
15 648

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
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.
₽8470
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.

Source of data for London model

Close
Varna , Bulgaria
₽88506
₽83816
₽78494
₽82525
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
-
-
-
119 000
income
-
-
-
17 850
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
27 267
Employee
17 531
-
112 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
11 208
-
pensions

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

1 539
-
3 097
-
total
4 291
-
16 315
-
Employer
17 531
-
112 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
98 029
119 000
-
-
income
9 803
11 900
-
-
total
9 803
11 900
-
-
Dividends
88 227
107 100
-
-
withholding
4 411
5 355
-
-
total
4 411
5 355
-
-
Income
119 000
119 000
119 000
119 000
Total tax
21 945
17 255
23 236
27 267
After tax
97 055
101 745
95 764
91 733
Living cost
13 239
13 239
13 239
13 239
Free-cash
83 816
88 506
82 525
78 494

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
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.
₽4214
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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽2081
₽4616
₽12161
₽7266
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
-
-
-
119 000
income
-
-
-
26 610
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
50 878
Employee
93 564
86 180
101 268
-
health
11 673
11 251
12 111
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
38 041
-
Employer
93 564
86 180
101 268
-
unemployment
3 369
3 102
3 646
-
pensions
6 511
5 998
7 048
-
health
6 502
5 990
7 038
-
total
16 382
15 090
17 732
-
Corporate
9 054
17 729
-
-
income
1 812
3 545
-
-
total
1 812
3 545
-
-
Dividends
7 243
14 184
-
-
income
1 540
3 014
-
-
withholding
1 086
2 128
-
-
total
2 626
5 142
-
-
Income
119 000
119 000
119 000
119 000
Total tax
58 423
60 958
55 773
50 878
After tax
60 577
58 042
63 227
68 122
Living cost
55 961
55 961
55 961
55 961
Free-cash
4 616
2 081
7 266
12 161

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
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.
₽9041
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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽57761
₽49139
₽33788
₽36217
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
-
-
-
119 000
income
-
-
-
10 228
health
-
-
-
16 065
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 748
total
-
-
-
61 041
Employee
35 546
-
88 806
-
social contributions
2 310
-
5 772
-
health
4 799
-
11 989
-
solidarity contribution
-
-
-
-
income
4 265
-
10 657
-
total
11 374
-
28 418
-
Employer
35 546
-
88 806
-
social contributions
8 886
-
22 201
-
health
3 199
-
7 993
-
total
12 085
-
30 194
-
Corporate
71 369
119 000
-
-
income
13 560
22 610
-
-
total
13 560
22 610
-
-
Dividends
57 809
96 390
-
-
withholding
8 671
14 458
-
-
total
8 671
14 458
-
-
Income
119 000
119 000
119 000
119 000
Total tax
45 690
37 068
58 612
61 041
After tax
73 310
81 932
60 388
57 959
Living cost
24 171
24 171
24 171
24 171
Free-cash
49 139
57 761
36 217
33 788

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
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

Source of data for Brno model

Close
Milan , Italy
₽20909
₽15640
₽17216
₽11554
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
-
-
-
119 000
municipal
-
-
-
707
regional
-
-
-
1 344
national
-
-
-
26 542
social contributions
-
-
-
30 607
total
-
-
-
59 200
Employee
89 690
-
119 000
-
social contributions
30 243
-
40 127
-
regional
846
-
1 181
-
municipal
475
-
630
-
national
15 541
-
22 924
-
total
47 105
-
64 862
-
Employer
89 690
-
119 000
-
total
-
-
-
-
Corporate
29 310
119 000
-
-
nationa
7 034
28 560
-
-
municipal
1 143
4 640
-
-
total
8 177
33 200
-
-
Dividends
21 133
85 800
-
-
withholding
5 494
22 307
-
-
total
5 494
22 307
-
-
Income
119 000
119 000
119 000
119 000
Total tax
60 776
55 507
64 862
59 200
After tax
58 224
63 493
54 138
59 800
Living cost
42 584
42 584
42 584
42 584
Free-cash
15 640
20 909
11 554
17 216

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
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.
₽9453
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

Source of data for Milan model

Close
Thessaloniki , Greece
₽52581
₽49442
₽36208
₽34248
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
-
-
-
119 000
income
-
-
-
24 762
pensions
-
-
-
23 799
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 449
surtax
-
-
-
3 283
total
-
-
-
60 523
Employee
33 373
-
98 307
-
other
-
-
-
-
health
852
-
2 507
-
surtax
109
-
2 974
-
income
5 594
-
22 909
-
pensions
2 225
-
6 557
-
unemployment
2 323
-
6 843
-
total
11 103
-
41 790
-
Employer
33 373
-
98 307
-
other
-
-
-
-
unemployment
1 057
-
3 116
-
pensions
4 449
-
13 105
-
health
1 519
-
4 472
-
total
7 025
-
20 693
-
Corporate
78 602
119 000
-
-
income
20 436
30 941
-
-
total
20 436
30 941
-
-
Dividends
58 166
88 059
-
-
withholding
8 725
13 209
-
-
total
8 725
13 209
-
-
Income
119 000
119 000
119 000
119 000
Total tax
47 289
44 150
62 483
60 523
After tax
71 711
74 850
56 517
58 477
Living cost
22 269
22 269
22 269
22 269
Free-cash
49 442
52 581
34 248
36 208

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
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.
₽6084
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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽38030
₽34922
₽37105
₽26004
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
-
-
-
119 000
income
-
-
-
27 704
pensions
-
-
-
7 922
total
-
-
-
35 626
Employee
64 218
-
104 504
-
health
932
-
1 747
-
income
11 566
-
20 304
-
pensions
5 451
-
10 179
-
total
17 949
-
32 230
-
Employer
64 218
-
104 504
-
pensions
6 952
-
12 512
-
health
1 220
-
1 985
-
total
8 172
-
14 497
-
Corporate
46 611
119 000
-
-
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.

8 856
22 610
-
-
total
8 856
22 610
-
-
Dividends
37 755
96 390
-
-
withholding
2 832
12 091
-
-
total
2 832
12 091
-
-
Income
119 000
119 000
119 000
119 000
Total tax
37 809
34 701
46 727
35 626
After tax
81 191
84 299
72 273
83 374
Living cost
46 269
46 269
46 269
46 269
Free-cash
34 922
38 030
26 004
37 105

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽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

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.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽21858
₽10776
₽22198
₽16289
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
-
-
-
119 000
city
-
-
-
1 254
pensions
-
-
-
10 947
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.

-
-
-
2 380
regional
-
-
-
4 610
health
-
-
-
268
national
-
-
-
1 069
total
-
-
-
20 528
Employee
89 260
-
106 511
-
city
958
-
1 144
-
regional
2 923
-
3 963
-
health
202
-
239
-
pensions
7 499
-
8 949
-
unemployment
-
-
-
-
national
422
-
825
-
total
12 004
-
15 120
-
Employer
89 260
-
106 511
-
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.

1 785
-
2 129
-
unemployment
-
-
-
-
pensions
7 499
-
8 949
-
health
202
-
239
-
total
9 486
-
11 317
-
Corporate
19 273
119 000
-
-
regional
4 077
25 169
-
-
national
1 638
10 114
-
-
total
5 715
35 283
-
-
Dividends
13 559
83 717
-
-
withholding
4 745
29 301
-
-
total
4 745
29 301
-
-
Income
119 000
119 000
119 000
119 000
Total tax
31 950
64 584
26 437
20 528
After tax
87 050
54 416
92 563
98 472
Living cost
76 274
76 274
76 274
76 274
Free-cash
10 776
-21 858
16 289
22 198

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
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.
₽18893
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.

Source of data for Zurich model

Close
Munich , Germany
₽12659
₽29026
₽21581
₽33943
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.

-
-
-
119 000
trade
-
-
-
12 362
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.

-
-
-
30 268
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.

-
-
-
6 894
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.

-
-
-
1 664
total
-
-
-
51 188
Employee

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

60 650
-
119 000
-
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.

6 894
-
6 894
-
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.

393
-
1 664
-
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.

7 132
-
30 268
-
total
14 419
-
38 826
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 350
119 000
-
-
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.

481
982
-
-
income
8 752
17 851
-
-
trade
10 006
20 409
-
-
chamber of commerce
236
320
-
-
total
19 475
39 562
-
-
Dividends
38 875
79 438
-
-
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.

513
1 071
-
-
withholding
9 336
19 477
-
-
total
9 849
20 548
-
-
Income
119 000
119 000
119 000
119 000
Total tax
43 743
60 110
38 826
51 188
After tax
75 257
58 890
80 174
67 812
Living cost
46 231
46 231
46 231
46 231
Free-cash
29 026
12 659
33 943
21 581

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
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.
₽8168
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.

Source of data for Munich model

Close
Nice , France
₽25449
₽31410
₽33486
₽37388
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
-
-
-
119 000
income
-
-
-
13 892
pensions
-
-
-
26 820
other
-
-
-
3 689
health
-
-
-
3 196
surtax
-
-
-
-
social contributions
-
-
-
3 390
total
-
-
-
50 987
Employee
43 191
-
95 368
-
social contributions
1 231
-
2 718
-
surtax
-
-
-
-
income
2 549
-
15 516
-
pensions
4 884
-
5 219
-
total
8 664
-
23 453
-
Employer
43 191
-
95 368
-
other
1 490
-
3 290
-
social contributions
130
-
285
-
unemployment
1 748
-
3 863
-
pensions
7 095
-
9 040
-
health
3 024
-
7 154
-
total
13 487
-
23 632
-
Corporate
62 320
119 000
-
-
surtax
-
-
-
-
income
17 451
33 319
-
-
total
17 451
33 319
-
-
Dividends
44 870
85 681
-
-
surtax
-
-
-
-
social contributions
7 718
14 737
-
-
withholding
5 743
10 968
-
-
total
13 461
25 705
-
-
Income
119 000
119 000
119 000
119 000
Total tax
53 063
59 024
47 085
50 987
After tax
65 937
59 976
71 915
68 013
Living cost
34 527
34 527
34 527
34 527
Free-cash
31 410
25 449
37 388
33 486

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
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.
₽9363
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

Source of data for Nice model

Close
Marseille , France
₽28869
₽34475
₽36906
₽40808
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
-
-
-
119 000
income
-
-
-
13 892
pensions
-
-
-
26 820
other
-
-
-
3 689
health
-
-
-
3 196
surtax
-
-
-
-
social contributions
-
-
-
3 390
total
-
-
-
50 987
Employee
38 554
-
95 368
-
social contributions
1 099
-
2 718
-
surtax
-
-
-
-
income
1 988
-
15 516
-
pensions
4 361
-
5 219
-
total
7 448
-
23 453
-
Employer
38 554
-
95 368
-
other
1 331
-
3 290
-
social contributions
115
-
285
-
unemployment
1 561
-
3 863
-
pensions
6 335
-
9 040
-
health
2 698
-
7 154
-
total
12 040
-
23 632
-
Corporate
68 405
119 000
-
-
surtax
-
-
-
-
income
19 153
33 319
-
-
total
19 153
33 319
-
-
Dividends
49 252
85 681
-
-
surtax
-
-
-
-
social contributions
8 472
14 737
-
-
withholding
6 305
10 968
-
-
total
14 777
25 705
-
-
Income
119 000
119 000
119 000
119 000
Total tax
53 418
59 024
47 085
50 987
After tax
65 582
59 976
71 915
68 013
Living cost
31 107
31 107
31 107
31 107
Free-cash
34 475
28 869
40 808
36 906

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
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.
₽9317
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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽51202
₽51724
₽55022
₽54294
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
-
-
-
119 000
income
-
-
-
17 851
health
-
-
-
8 306
social contributions
-
-
-
16 422
total
-
-
-
42 579
Employee
34 217
-
119 000
-
social contributions
4 723
-
16 422
-
health
2 388
-
8 306
-
income
5 707
-
18 579
-
total
12 818
-
43 307
-
Employer
34 217
-
119 000
-
total
-
-
-
-
Corporate
84 783
119 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

4 240
5 950
-
-
total
4 240
5 950
-
-
Dividends
80 543
113 050
-
-
health
5 623
7 890
-
-
social contributions
11 115
15 601
-
-
withholding
12 081
16 958
-
-
total
28 819
40 449
-
-
Income
119 000
119 000
119 000
119 000
Total tax
45 877
46 399
43 307
42 579
After tax
73 123
72 601
75 693
76 421
Living cost
21 399
21 399
21 399
21 399
Free-cash
51 724
51 202
54 294
55 022

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
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

Source of data for Vilnius model

Close
Vienna , Austria
₽30843
₽29281
₽23378
-₽1783
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
-
-
-
119 000
chamber of commerce
-
-
-
477
income
-
-
-
22 367
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
60 062
Employee
50 434
40 217
92 252
-
other
504
402
923
-
health
1 952
1 557
3 570
-
income
5 742
2 967
19 662
-
pensions
5 165
4 117
9 447
-
unemployment
1 513
1 207
2 767
-
total
14 876
10 250
36 369
-
Employer
50 434
40 217
92 252
-
accident
655
523
1 199
-
other
2 396
1 909
4 382
-
chamber of commerce
201
161
370
-
unemployment
1 513
1 207
2 767
-
surtax
199
199
199
-
pensions
6 329
5 048
11 577
-
payroll
1 513
1 207
2 767
-
health
1 906
1 521
3 487
-
total
14 712
11 775
26 748
-
Corporate
53 854
67 009
88 421
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

13 463
16 751
22 106
-
total
13 463
16 751
22 106
-
Dividends
40 390
50 257
-
-
withholding
11 108
13 821
-
-
total
11 108
13 821
-
-
Income
119 000
119 000
119 000
119 000
Total tax
54 159
52 597
85 223
60 062
After tax
64 841
66 403
33 777
58 938
Living cost
35 560
35 560
35 560
35 560
Free-cash
29 281
30 843
-1 783
23 378

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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.
₽8225
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

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽29879
₽14746
₽17098
₽8380
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
-
-
-
119 000
national
-
-
-
40 045
communal

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

-
-
-
5 996
social contributions
-
-
-
19 065
total
-
-
-
65 106
Employee

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

72 187
-
92 169
-
communal

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

3 765
-
4 807
-
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.

3 392
-
4 332
-
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.

5 414
-
6 914
-
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.

628
-
802
-
national
22 193
-
30 138
-
total
35 392
-
46 993
-
Employer

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

72 187
-
92 169
-
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.

938
-
1 197
-
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.

1 053
-
1 346
-
surtax
8 185
-
10 453
-
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.

6 396
-
8 166
-
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.

4 439
-
5 669
-
total
21 011
-
26 831
-
Corporate
25 800
119 000
-
-
surtax
103
477
-
-
income
5 159
23 799
-
-
total
5 262
24 276
-
-
Dividends
20 537
94 724
-
-
withholding

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

5 793
28 049
-
-
total
5 793
28 049
-
-
Income
119 000
119 000
119 000
119 000
Total tax
67 458
52 325
73 824
65 106
After tax
51 542
66 675
45 176
53 894
Living cost
36 796
36 796
36 796
36 796
Free-cash
14 746
29 879
8 380
17 098

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
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.
₽9302
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

Source of data for Brussels model

Close
Barcelona , Spain
₽43583
₽35652
₽29076
₽25027
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
-
-
-
119 000
accident
-
-
-
843
income
-
-
-
25 415
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
53 478
Employee
50 235
-
90 233
-
other
50
-
90
-
income
10 599
-
23 034
-
pensions
2 361
-
4 240
-
unemployment
779
-
1 398
-
total
13 789
-
28 762
-
Employer
50 235
-
90 233
-
accident
994
-
1 787
-
other
400
-
722
-
unemployment
2 764
-
4 962
-
pensions
11 855
-
21 294
-
total
16 013
-
28 765
-
Corporate
52 753
119 000
-
-
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.

7 913
17 851
-
-
total
7 913
17 851
-
-
Dividends
44 840
101 149
-
-
withholding
9 187
21 120
-
-
total
9 187
21 120
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 902
38 971
57 527
53 478
After tax
72 098
80 029
61 473
65 522
Living cost
36 446
36 446
36 446
36 446
Free-cash
35 652
43 583
25 027
29 076

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽17280
₽9541
₽10535
₽15315
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
-
-
-
119 000
accident
-
-
-
1 004
income
-
-
-
13 000
pensions
-
-
-
17 837
health
-
-
-
8 361
surtax
-
-
-
5 899
communal
-
-
-
7 521
total
-
-
-
53 622
Employee
76 425
-
106 297
-
health
3 401
-
4 730
-
surtax
4 684
-
6 515
-
income
7 382
-
16 391
-
pensions
6 113
-
8 503
-
total
21 580
-
36 139
-
Employer
76 425
-
106 297
-
accident
688
-
958
-
pensions
6 113
-
8 503
-
health
2 331
-
3 242
-
total
9 132
-
12 703
-
Corporate
33 444
119 000
-
-
surtax
350
1 249
-
-
communal
-
8 032
-
-
income
5 016
17 851
-
-
total
5 366
27 132
-
-
Dividends
28 078
91 869
-
-
income
14 327
5 964
-
-
withholding
4 211
13 781
-
-
total
18 538
19 745
-
-
Income
119 000
119 000
119 000
119 000
Total tax
54 616
46 877
48 842
53 622
After tax
64 384
72 123
70 158
65 378
Living cost
54 843
54 843
54 843
54 843
Free-cash
9 541
17 280
15 315
10 535

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
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.
₽9798
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

Source of data for Luxembourg model

Close
Athens , Greece
₽52183
₽48975
₽35810
₽33850
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
-
-
-
119 000
income
-
-
-
24 762
pensions
-
-
-
23 799
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 449
surtax
-
-
-
3 283
total
-
-
-
60 523
Employee
33 986
-
98 307
-
other
-
-
-
-
health
868
-
2 507
-
surtax
121
-
2 974
-
income
5 697
-
22 909
-
pensions
2 267
-
6 557
-
unemployment
2 365
-
6 843
-
total
11 318
-
41 790
-
Employer
33 986
-
98 307
-
other
-
-
-
-
unemployment
1 078
-
3 116
-
pensions
4 531
-
13 105
-
health
1 545
-
4 472
-
total
7 154
-
20 693
-
Corporate
77 859
119 000
-
-
income
20 243
30 941
-
-
total
20 243
30 941
-
-
Dividends
57 617
88 059
-
-
withholding
8 643
13 209
-
-
total
8 643
13 209
-
-
Income
119 000
119 000
119 000
119 000
Total tax
47 358
44 150
62 483
60 523
After tax
71 642
74 850
56 517
58 477
Living cost
22 667
22 667
22 667
22 667
Free-cash
48 975
52 183
33 850
35 810

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽35365
₽33125
₽32164
₽26532
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
-
-
-
119 000
municipal
-
-
-
707
regional
-
-
-
1 795
national
-
-
-
26 542
social contributions
-
-
-
30 607
total
-
-
-
59 651
Employee
55 981
-
119 000
-
social contributions
18 877
-
40 127
-
regional
754
-
1 602
-
municipal
297
-
630
-
national
8 869
-
22 924
-
total
28 797
-
65 283
-
Employer
55 981
-
119 000
-
total
-
-
-
-
Corporate
63 019
119 000
-
-
nationa
15 124
28 560
-
-
municipal
3 131
5 914
-
-
total
18 255
34 474
-
-
Dividends
44 764
84 526
-
-
withholding
11 638
21 976
-
-
total
11 638
21 976
-
-
Income
119 000
119 000
119 000
119 000
Total tax
58 690
56 450
65 283
59 651
After tax
60 310
62 550
53 717
59 349
Living cost
27 185
27 185
27 185
27 185
Free-cash
33 125
35 365
26 532
32 164

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
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

Source of data for Naples model

Close
Prague , Czech Republic
₽52147
₽41522
₽28174
₽30603
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
-
-
-
119 000
income
-
-
-
10 228
health
-
-
-
16 065
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 748
total
-
-
-
61 041
Employee
43 801
-
88 806
-
social contributions
2 847
-
5 772
-
health
5 913
-
11 989
-
solidarity contribution
-
-
-
-
income
5 256
-
10 657
-
total
14 016
-
28 418
-
Employer
43 801
-
88 806
-
social contributions
10 950
-
22 201
-
health
3 942
-
7 993
-
total
14 892
-
30 194
-
Corporate
60 306
119 000
-
-
income
11 458
22 610
-
-
total
11 458
22 610
-
-
Dividends
48 848
96 390
-
-
withholding
7 327
14 458
-
-
total
7 327
14 458
-
-
Income
119 000
119 000
119 000
119 000
Total tax
47 693
37 068
58 612
61 041
After tax
71 307
81 932
60 388
57 959
Living cost
29 785
29 785
29 785
29 785
Free-cash
41 522
52 147
30 603
28 174

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
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.
₽5470
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

Source of data for Prague model

Close
Graz , Austria
₽34314
₽33817
₽26940
₽1619
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
-
-
-
119 000
chamber of commerce
-
-
-
477
income
-
-
-
22 367
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
59 863
Employee
44 114
40 217
92 403
-
other
440
402
923
-
health
1 706
1 557
3 576
-
income
3 930
2 967
19 716
-
pensions
4 518
4 117
9 463
-
unemployment
1 323
1 207
2 771
-
total
11 917
10 250
36 449
-
Employer
44 114
40 217
92 403
-
accident
573
523
1 201
-
other
2 095
1 909
4 389
-
chamber of commerce
176
161
370
-
unemployment
1 323
1 207
2 771
-
surtax
-
-
-
-
pensions
5 537
5 048
11 596
-
payroll
1 323
1 207
2 771
-
health
1 668
1 521
3 493
-
total
12 695
11 576
26 591
-
Corporate
62 190
67 208
88 578
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

15 547
16 801
22 144
-
total
15 547
16 801
22 144
-
Dividends
46 644
50 406
-
-
withholding
12 827
13 862
-
-
total
12 827
13 862
-
-
Income
119 000
119 000
119 000
119 000
Total tax
52 986
52 489
85 184
59 863
After tax
66 014
66 511
33 816
59 137
Living cost
32 197
32 197
32 197
32 197
Free-cash
33 817
34 314
1 619
26 940

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
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.
₽9020
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

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽98901
₽96248
₽103661
₽81051
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%.

-
-
-
119 000
microenterprise

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

-
-
-
1 190
total
-
-
-
1 190
Employee
17 686
-
119 000
-
income
3 537
-
23 800
-
total
3 537
-
23 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

101 314
119 000
-
-
total
-
-
-
-
Dividends
101 314
119 000
-
-
withholding
5 066
5 950
-
-
total
5 066
5 950
-
-
Income
119 000
119 000
119 000
119 000
Total tax
8 603
5 950
23 800
1 190
After tax
110 397
113 050
95 200
117 810
Living cost
14 149
14 149
14 149
14 149
Free-cash
96 248
98 901
81 051
103 661

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
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.
₽3505
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.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽54862
₽46422
₽33706
₽30295
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.

-
-
-
119 000
income
-
-
-
24 605
pensions
-
-
-
21 733
unemployment
-
-
-
178
health
-
-
-
11 709
total
-
-
-
58 225
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.

44 626
-
102 969
-
health
2 882
-
6 653
-
income
7 696
-
22 847
-
pensions
6 917
-
15 961
-
unemployment
63
-
144
-
total
17 558
-
45 605
-
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.

44 626
-
102 969
-
unemployment
27
-
61
-
pensions
3 949
-
9 112
-
health
2 972
-
6 858
-
total
6 948
-
16 031
-
Corporate
67 426
119 000
-
-
income
12 810
22 610
-
-
total
12 810
22 610
-
-
Dividends
54 615
96 390
-
-
withholding
8 193
14 459
-
-
total
8 193
14 459
-
-
Income
119 000
119 000
119 000
119 000
Total tax
45 509
37 069
61 636
58 225
After tax
73 491
81 931
57 364
60 775
Living cost
27 069
27 069
27 069
27 069
Free-cash
46 422
54 862
30 295
33 706

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
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

Source of data for Ljubljana model

Close
Oslo , Norway
₽28816
-₽31609
₽38655
₽62128
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
-
-
-
119 000
income
-
-
-
23 195
social contributions
-
-
-
13 566
total
-
-
-
36 761
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
119 000
-
-
income
-
26 180
-
-
total
-
26 180
-
-
Dividends
-
92 820
-
-
income
-
20 420
-
-
total
-
20 420
-
-
Income
119 000
119 000
119 000
119 000
Total tax
107 025
46 600
13 288
36 761
After tax
11 975
72 400
105 712
82 239
Living cost
43 584
43 584
43 584
43 584
Free-cash
-31 609
28 816
62 128
38 655

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
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.
₽10650
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

Source of data for Oslo model

Close
Lisbon , Portugal
₽36032
₽35017
₽34031
₽26824
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.

-
-
-
119 000
income
-
-
-
11 961
surtax
-
-
-
-
social contributions

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

-
-
-
41 353
total
-
-
-
53 314
Employee
46 415
-
96 162
-
social contributions
5 106
-
10 577
-
surtax
-
-
-
-
income
9 654
-
27 106
-
total
14 760
-
37 683
-
Employer
46 415
-
96 162
-
social contributions
11 023
-
22 838
-
total
11 023
-
22 838
-
Corporate
61 562
119 000
-
-
surtax
-
-
-
-
income
12 929
24 990
-
-
total
12 929
24 990
-
-
Dividends
48 633
94 010
-
-
withholding
13 616
26 323
-
-
total
13 616
26 323
-
-
Income
119 000
119 000
119 000
119 000
Total tax
52 328
51 313
60 521
53 314
After tax
66 672
67 687
58 479
65 686
Living cost
31 655
31 655
31 655
31 655
Free-cash
35 017
36 032
26 824
34 031

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
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.
₽5575
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

Source of data for Lisbon model

Close
Paris , France
₽11234
₽18168
₽19271
₽23173
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
-
-
-
119 000
income
-
-
-
13 892
pensions
-
-
-
26 820
other
-
-
-
3 689
health
-
-
-
3 196
surtax
-
-
-
-
social contributions
-
-
-
3 390
total
-
-
-
50 987
Employee
63 207
-
95 368
-
social contributions
1 800
-
2 718
-
surtax
-
-
-
-
income
5 515
-
15 516
-
pensions
7 149
-
5 219
-
total
14 464
-
23 453
-
Employer
63 207
-
95 368
-
other
2 181
-
3 290
-
social contributions
190
-
285
-
unemployment
2 561
-
3 863
-
pensions
10 386
-
9 040
-
health
4 424
-
7 154
-
total
19 742
-
23 632
-
Corporate
36 052
119 000
-
-
surtax
-
-
-
-
income
10 095
33 319
-
-
total
10 095
33 319
-
-
Dividends
25 957
85 681
-
-
surtax
-
-
-
-
social contributions
4 466
14 737
-
-
withholding
3 323
10 968
-
-
total
7 789
25 705
-
-
Income
119 000
119 000
119 000
119 000
Total tax
52 090
59 024
47 085
50 987
After tax
66 910
59 976
71 915
68 013
Living cost
48 742
48 742
48 742
48 742
Free-cash
18 168
11 234
23 173
19 271

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
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.
₽11098
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

Source of data for Paris model

Close
Andorra , Andorra
₽76763
₽73373
₽59330
₽62492
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
-
-
-
119 000
income
-
-
-
3 154
social contributions
-
-
-
26 180
total
-
-
-
29 334
Employee
32 444
-
103 030
-
income
-
-
3 505
-
social contributions
2 109
-
6 697
-
total
2 109
-
10 202
-
Employer
32 444
-
103 030
-
social contributions
5 029
-
15 970
-
total
5 029
-
15 970
-
Corporate
81 527
119 000
-
-
income
8 153
11 901
-
-
total
8 153
11 901
-
-
Dividends
73 374
107 099
-
-
total
-
-
-
-
Income
119 000
119 000
119 000
119 000
Total tax
15 291
11 901
26 172
29 334
After tax
103 709
107 099
92 828
89 666
Living cost
30 336
30 336
30 336
30 336
Free-cash
73 373
76 763
62 492
59 330

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
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.
₽7863
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

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽100973
-₽100973
₽24115
-₽100973
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
-
-
-
119 000
municipal
-
-
-
23 041
pensions
-
-
-
875
national
-
-
-
12 896
labour market
-
-
-
9 450
total
-
-
-
46 262
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
119 000
119 000
119 000
119 000
Total tax
171 350
171 350
171 350
46 262
After tax
-52 350
-52 350
-52 350
72 738
Living cost
48 623
48 623
48 623
48 623
Free-cash
-100 973
-100 973
-100 973
24 115

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
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.
₽10296
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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽12107
₽6305
₽59811
₽40865
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
-
-
-
119 000
accident
-
-
-
253
income
-
-
-
30 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
37 443
Employee
34 209
-
103 675
-
health
3 917
-
11 871
-
income
4 693
-
21 540
-
pensions
3 852
-
7 654
-
total
12 462
-
41 065
-
Employer
34 209
-
103 675
-
accident
571
-
1 731
-
unemployment
838
-
2 540
-
pensions
5 562
-
11 053
-
total
6 971
-
15 324
-
Corporate
77 820
119 000
-
-
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.

70 038
107 100
-
-
total
70 038
107 100
-
-
Dividends
7 782
11 900
-
-
withholding
1 478
2 261
-
-
total
1 478
2 261
-
-
Income
119 000
119 000
119 000
119 000
Total tax
90 949
109 361
56 389
37 443
After tax
28 051
9 639
62 611
81 557
Living cost
21 746
21 746
21 746
21 746
Free-cash
6 305
-12 107
40 865
59 811

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
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.

Source of data for Krakow model

Close
Helsinki , Finland
₽38998
₽38673
₽43733
₽27418
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

-
-
-
119 000
municipal
-
-
-
21 166
health
-
-
-
1 411
national
-
-
-
13 945
total
-
-
-
36 522
Employee
53 095
-
100 107
-
health
396
-
1 120
-
municipal
8 697
-
16 332
-
pensions
3 583
-
6 757
-
unemployment
797
-
1 501
-
national
877
-
8 238
-
total
14 350
-
33 948
-
Employer
53 095
-
100 107
-
accident
54
-
100
-
unemployment
345
-
651
-
pensions
9 212
-
17 368
-
health
408
-
770
-
total
10 019
-
18 889
-
Corporate
55 887
119 000
-
-
income
11 177
23 799
-
-
total
11 177
23 799
-
-
Dividends

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

33 533
71 401
-
-
national
-
4 606
-
-
municipal
6 036
12 852
-
-
total
6 036
17 458
-
-
Income
119 000
119 000
119 000
119 000
Total tax
41 582
41 257
52 837
36 522
After tax
77 418
77 743
66 163
82 478
Living cost
38 745
38 745
38 745
38 745
Free-cash
38 673
38 998
27 418
43 733

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
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.
₽9095
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.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽63636
₽58146
₽60151
₽58854
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
-
-
-
119 000
income
-
-
-
16 121
health
-
-
-
3 035
social contributions
-
-
-
16 328
total
-
-
-
35 484
Employee
77 601
77 601
108 310
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
1 840
-
income
8 449
7 184
15 564
-
total
11 984
14 945
26 091
-
Employer
77 601
77 601
108 310
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 003
-
total
3 587
7 877
10 690
-
Corporate
80 063
33 522
-
-
income
10 008
4 190
-
-
total
10 008
4 190
-
-
Dividends
70 054
29 332
-
-
withholding
11 910
4 987
-
-
total
11 910
4 987
-
-
Income
119 000
119 000
119 000
119 000
Total tax
37 489
31 999
36 781
35 484
After tax
81 511
87 001
82 219
83 516
Living cost
23 365
23 365
23 365
23 365
Free-cash
58 146
63 636
58 854
60 151

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
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.
₽6554
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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽82522
₽77386
₽81254
₽61013
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

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
119 000
income
-
-
-
11 623
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
21 723
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

23 164
-
109 137
-
health
1 969
-
8 139
-
income
1 584
-
9 120
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
32 101
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

23 164
-
109 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
93 451
119 000
-
-
income
8 411
10 709
-
-
total
8 411
10 709
-
-
Dividends
85 040
108 291
-
-
withholding
7 653
9 746
-
-
total
7 653
9 746
-
-
Income
119 000
119 000
119 000
119 000
Total tax
25 591
20 455
41 964
21 723
After tax
93 409
98 545
77 036
97 277
Living cost
16 023
16 023
16 023
16 023
Free-cash
77 386
82 522
61 013
81 254

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
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

Source of data for Podgorica model

Close
Valencia , Spain
₽52278
₽47094
₽37771
₽33722
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
-
-
-
119 000
accident
-
-
-
843
income
-
-
-
25 415
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
53 478
Employee
37 315
-
90 233
-
other
36
-
90
-
income
7 194
-
23 034
-
pensions
1 754
-
4 240
-
unemployment
578
-
1 398
-
total
9 562
-
28 762
-
Employer
37 315
-
90 233
-
accident
739
-
1 787
-
other
299
-
722
-
unemployment
2 053
-
4 962
-
pensions
8 806
-
21 294
-
total
11 897
-
28 765
-
Corporate
69 788
119 000
-
-
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.

10 468
17 851
-
-
total
10 468
17 851
-
-
Dividends
59 320
101 149
-
-
withholding
12 228
21 120
-
-
total
12 228
21 120
-
-
Income
119 000
119 000
119 000
119 000
Total tax
44 155
38 971
57 527
53 478
After tax
74 845
80 029
61 473
65 522
Living cost
27 751
27 751
27 751
27 751
Free-cash
47 094
52 278
33 722
37 771

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
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

Source of data for Valencia model

Close
Istanbul , Turkey
₽71500
₽71046
₽72976
₽72778
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
-
-
-
119 000
income
-
-
-
39 801
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
43 268
Employee
4 198
-
116 738
-
health
210
-
503
-
income
812
-
39 695
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
41 204
-
Employer
4 198
-
116 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
113 858
119 000
-
-
income
25 049
26 180
-
-
total
25 049
26 180
-
-
Dividends
88 809
92 820
-
-
withholding
17 762
18 564
-
-
total
17 762
18 564
-
-
Income
119 000
119 000
119 000
119 000
Total tax
45 198
44 744
43 466
43 268
After tax
73 802
74 256
75 534
75 732
Living cost
2 756
2 756
2 756
2 756
Free-cash
71 046
71 500
72 778
72 976

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
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.
₽832
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 of data for Istanbul model

Close
Belgrade , Serbia
₽68524
₽63560
₽47820
₽47821
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.

-
-
-
119 000
income
-
-
-
25 534
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
53 727
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.

26 319
-
105 649
-
health
1 355
-
3 841
-
income
3 628
-
25 534
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
40 376
-
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.

26 319
-
105 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
87 970
119 000
-
-
income
13 196
17 850
-
-
total
13 196
17 850
-
-
Dividends
74 775
101 150
-
-
withholding
11 216
15 173
-
-
total
11 216
15 173
-
-
Income
119 000
119 000
119 000
119 000
Total tax
37 987
33 023
53 726
53 727
After tax
81 013
85 977
65 274
65 273
Living cost
17 453
17 453
17 453
17 453
Free-cash
63 560
68 524
47 821
47 820

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
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.
₽3847
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

Source of data for Belgrade model

Close
Porto , Portugal
₽40480
₽40117
₽38479
₽31272
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.

-
-
-
119 000
income
-
-
-
11 961
surtax
-
-
-
-
social contributions

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

-
-
-
41 353
total
-
-
-
53 314
Employee
39 169
-
96 162
-
social contributions
4 309
-
10 577
-
surtax
-
-
-
-
income
7 653
-
27 106
-
total
11 962
-
37 683
-
Employer
39 169
-
96 162
-
social contributions
9 302
-
22 838
-
total
9 302
-
22 838
-
Corporate
70 530
119 000
-
-
surtax
-
-
-
-
income
14 811
24 990
-
-
total
14 811
24 990
-
-
Dividends
55 718
94 010
-
-
withholding
15 601
26 323
-
-
total
15 601
26 323
-
-
Income
119 000
119 000
119 000
119 000
Total tax
51 676
51 313
60 521
53 314
After tax
67 324
67 687
58 479
65 686
Living cost
27 207
27 207
27 207
27 207
Free-cash
40 117
40 480
31 272
38 479

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
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.
₽5565
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

Source of data for Porto model

Close
Madrid , Spain
₽44562
₽36976
₽30055
₽26006
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
-
-
-
119 000
accident
-
-
-
843
income
-
-
-
25 415
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
53 478
Employee
48 739
-
90 233
-
other
48
-
90
-
income
10 180
-
23 034
-
pensions
2 290
-
4 240
-
unemployment
755
-
1 398
-
total
13 273
-
28 762
-
Employer
48 739
-
90 233
-
accident
965
-
1 787
-
other
391
-
722
-
unemployment
2 681
-
4 962
-
pensions
11 502
-
21 294
-
total
15 539
-
28 765
-
Corporate
54 722
119 000
-
-
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.

8 208
17 851
-
-
total
8 208
17 851
-
-
Dividends
46 514
101 149
-
-
withholding
9 537
21 120
-
-
total
9 537
21 120
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 557
38 971
57 527
53 478
After tax
72 443
80 029
61 473
65 522
Living cost
35 467
35 467
35 467
35 467
Free-cash
36 976
44 562
26 006
30 055

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽84374
₽78220
₽74362
₽78393
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
-
-
-
119 000
income
-
-
-
17 850
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
27 267
Employee
23 001
-
112 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
11 208
-
pensions

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

2 019
-
3 097
-
total
5 630
-
16 315
-
Employer
23 001
-
112 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
91 486
119 000
-
-
income
9 149
11 900
-
-
total
9 149
11 900
-
-
Dividends
82 337
107 100
-
-
withholding
4 117
5 355
-
-
total
4 117
5 355
-
-
Income
119 000
119 000
119 000
119 000
Total tax
23 409
17 255
23 236
27 267
After tax
95 591
101 745
95 764
91 733
Living cost
17 371
17 371
17 371
17 371
Free-cash
78 220
84 374
78 393
74 362

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽4474
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

Source of data for Sofia model

Close
Berlin , Germany
₽22376
₽35580
₽30868
₽41212
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.

-
-
-
119 000
trade
-
-
-
10 344
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.

-
-
-
30 268
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.

-
-
-
6 894
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.

-
-
-
1 664
total
-
-
-
49 170
Employee

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

50 213
-
119 000
-
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.

6 894
-
6 894
-
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.

228
-
1 664
-
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.

4 129
-
30 268
-
total
11 251
-
38 826
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 787
119 000
-
-
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.

567
982
-
-
income
10 319
17 851
-
-
trade
9 870
17 077
-
-
chamber of commerce
255
327
-
-
total
21 011
36 237
-
-
Dividends
47 776
82 762
-
-
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.

636
1 117
-
-
withholding
11 560
20 308
-
-
total
12 196
21 425
-
-
Income
119 000
119 000
119 000
119 000
Total tax
44 458
57 662
38 826
49 170
After tax
74 542
61 338
80 174
69 830
Living cost
38 962
38 962
38 962
38 962
Free-cash
35 580
22 376
41 212
30 868

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
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.
₽7327
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.

Source of data for Berlin model

Close
Dublin , Ireland
₽25813
₽28040
₽19630
₽19630
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
-
-
-
119 000
income
-
-
-
30 920
social contributions
-
-
-
10 963
total
-
-
-
41 883
Employee
78 941
-
119 000
-
income
14 896
-
30 920
-
social contributions
6 558
-
10 963
-
total
21 454
-
41 883
-
Employer
78 941
-
119 000
-
total
-
-
-
-
Corporate
40 059
119 000
-
-
income
5 008
14 875
-
-
total
5 008
14 875
-
-
Dividends
35 051
104 125
-
-
withholding
7 011
20 825
-
-
total
7 011
20 825
-
-
Income
119 000
119 000
119 000
119 000
Total tax
33 473
35 700
41 883
41 883
After tax
85 527
83 300
77 117
77 117
Living cost
57 487
57 487
57 487
57 487
Free-cash
28 040
25 813
19 630
19 630

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽8518
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

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽35384
₽38911
₽46898
₽51045
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.

-
-
-
119 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
114 358
-
income
5 023
-
22 037
-
social contributions
4 638
-
4 642
-
total
9 661
-
26 679
-
Employer
46 295
-
114 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
68 066
119 000
-
-
income
23 824
41 650
-
-
total
23 824
41 650
-
-
Dividends
44 242
77 350
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
119 000
119 000
119 000
119 000
Total tax
43 455
46 982
31 321
35 468
After tax
75 545
72 018
87 679
83 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
38 911
35 384
51 045
46 898

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
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.
₽9053
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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽46684
₽45832
₽45759
₽34658
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
-
-
-
119 000
income
-
-
-
27 704
pensions
-
-
-
7 922
total
-
-
-
35 626
Employee
51 632
-
104 504
-
health
674
-
1 747
-
income
9 403
-
20 304
-
pensions
3 941
-
10 179
-
total
14 018
-
32 230
-
Employer
51 632
-
104 504
-
pensions
5 216
-
12 512
-
health
981
-
1 985
-
total
6 197
-
14 497
-
Corporate
61 170
119 000
-
-
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.

11 622
22 610
-
-
total
11 622
22 610
-
-
Dividends
49 549
96 390
-
-
withholding
3 716
12 091
-
-
total
3 716
12 091
-
-
Income
119 000
119 000
119 000
119 000
Total tax
35 553
34 701
46 727
35 626
After tax
83 447
84 299
72 273
83 374
Living cost
37 615
37 615
37 615
37 615
Free-cash
45 832
46 684
34 658
45 759

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽7879
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.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽14261
₽5973
₽57657
₽38711
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
-
-
-
119 000
accident
-
-
-
253
income
-
-
-
30 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
37 443
Employee
37 595
-
103 675
-
health
4 304
-
11 871
-
income
5 158
-
21 540
-
pensions
4 233
-
7 654
-
total
13 695
-
41 065
-
Employer
37 595
-
103 675
-
accident
628
-
1 731
-
unemployment
921
-
2 540
-
pensions
6 113
-
11 053
-
total
7 662
-
15 324
-
Corporate
73 744
119 000
-
-
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.

66 369
107 100
-
-
total
66 369
107 100
-
-
Dividends
7 374
11 900
-
-
withholding
1 401
2 261
-
-
total
1 401
2 261
-
-
Income
119 000
119 000
119 000
119 000
Total tax
89 127
109 361
56 389
37 443
After tax
29 873
9 639
62 611
81 557
Living cost
23 900
23 900
23 900
23 900
Free-cash
5 973
-14 261
38 711
57 657

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
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.
₽4486
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.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽86508
₽81785
₽53913
₽64448
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

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
119 000
work injury
-
-
-
595
health insurance
-
-
-
8 806
income
-
-
-
18 731
pensions
-
-
-
21 896
unemployment
-
-
-
1 428
total
-
-
-
51 456
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

21 810
-
119 000
-
work injury
109
-
403
-
income
2 181
-
18 731
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
40 921
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 190
119 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

972
1 190
-
-
total
972
1 190
-
-
Dividends
96 218
117 810
-
-
withholding
14 433
17 671
-
-
total
14 433
17 671
-
-
Income
119 000
119 000
119 000
119 000
Total tax
23 584
18 861
40 921
51 456
After tax
95 416
100 139
78 079
67 544
Living cost
13 631
13 631
13 631
13 631
Free-cash
81 785
86 508
64 448
53 913

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽3771
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

Source of data for Skopje model

Close
Rome , Italy
₽22477
₽17886
₽18309
₽12866
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
-
-
-
119 000
municipal
-
-
-
795
regional
-
-
-
2 544
national
-
-
-
26 542
social contributions
-
-
-
30 607
total
-
-
-
60 488
Employee
85 040
-
119 000
-
social contributions
28 675
-
40 127
-
regional
1 284
-
2 169
-
municipal
508
-
711
-
national
14 371
-
22 924
-
total
44 838
-
65 931
-
Employer
85 040
-
119 000
-
total
-
-
-
-
Corporate
33 960
119 000
-
-
nationa
8 151
28 560
-
-
municipal
1 637
5 736
-
-
total
9 788
34 296
-
-
Dividends
24 172
84 704
-
-
withholding
6 285
22 024
-
-
total
6 285
22 024
-
-
Income
119 000
119 000
119 000
119 000
Total tax
60 911
56 320
65 931
60 488
After tax
58 089
62 680
53 069
58 512
Living cost
40 203
40 203
40 203
40 203
Free-cash
17 886
22 477
12 866
18 309

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
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.
₽8589
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

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close