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
₽ 121000
per

Your estimated
City
free-cash

Dresden , Germany
₽30555
₽41717
₽39055
₽50722
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.

-
-
-
121 000
trade
-
-
-
11 667
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.

-
-
-
31 107
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.

-
-
-
1 710
total
-
-
-
51 378
Employee

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

38 599
-
121 000
-
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
-
1 710
-
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
-
31 107
-
total
8 031
-
39 711
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 401
121 000
-
-
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.

680
998
-
-
income
12 360
18 150
-
-
trade
12 979
19 057
-
-
chamber of commerce
272
327
-
-
total
26 291
38 532
-
-
Dividends
56 110
82 468
-
-
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.

751
1 113
-
-
withholding
13 643
20 233
-
-
total
14 394
21 346
-
-
Income
121 000
121 000
121 000
121 000
Total tax
48 716
59 878
39 711
51 378
After tax
72 284
61 122
81 289
69 622
Living cost
30 567
30 567
30 567
30 567
Free-cash
41 717
30 555
50 722
39 055

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
₽24510
₽23662
₽21403
₽22354
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
-
-
-
121 000
municipal
-
-
-
12 858
pensions
-
-
-
14 520
national
-
-
-
19 924
social contributions
-
-
-
1 301
total
-
-
-
48 603
Employee
79 050
-
104 603
-
municipal
9 764
-
13 326
-
pensions
3 162
-
4 184
-
national
15 130
-
20 650
-
total
28 056
-
38 160
-
Employer
79 050
-
104 603
-
social contributions
850
-
1 124
-
pensions
6 324
-
8 368
-
total
7 174
-
9 492
-
Corporate
29 559
121 000
-
-
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%.

5 912
24 200
-
-
total
5 912
24 200
-
-
Dividends
23 647
96 800
-
-
withholding
5 202
21 296
-
-
total
5 202
21 296
-
-
Income
121 000
121 000
121 000
121 000
Total tax
46 344
45 496
47 652
48 603
After tax
74 656
75 504
73 348
72 397
Living cost
50 994
50 994
50 994
50 994
Free-cash
23 662
24 510
22 354
21 403

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
₽75806
₽67527
₽12698
₽46977
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.

-
-
-
121 000
microenterprise
-
-
-
-
income
-
-
-
17 787
surtax
-
-
-
30 854
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.

-
-
-
38 666
total
-
-
-
87 307
Employee
29 489
-
97 509
-
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
-
10 727
-
surtax
-
-
-
-
income
5 249
-
18 810
-
total
8 493
-
29 537
-
Employer
29 489
-
97 509
-
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
-
23 491
-
surtax
-
-
-
-
total
7 103
-
23 491
-
Corporate
84 408
121 000
-
-
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%.

16 882
24 199
-
-
total
16 882
24 199
-
-
Dividends

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

67 526
96 801
-
-
total
-
-
-
-
Income
121 000
121 000
121 000
121 000
Total tax
32 478
24 199
53 028
87 307
After tax
88 522
96 801
67 972
33 693
Living cost
20 995
20 995
20 995
20 995
Free-cash
67 527
75 806
46 977
12 698

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
₽16788
₽10604
₽27084
₽22554
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
-
-
-
121 000
income
-
-
-
27 372
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
51 640
Employee
86 180
86 180
102 969
-
health
13 228
11 251
12 209
-
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
38 139
-
Employer
86 180
86 180
102 969
-
unemployment
3 102
3 102
3 708
-
pensions
5 998
5 998
7 166
-
health
5 990
5 990
7 157
-
total
15 090
15 090
18 031
-
Corporate
20 786
19 729
-
-
income
4 158
3 945
-
-
total
4 158
3 945
-
-
Dividends
16 628
15 784
-
-
income
3 533
3 353
-
-
withholding
2 493
2 367
-
-
total
6 026
5 720
-
-
Income
121 000
121 000
121 000
121 000
Total tax
68 120
61 936
56 170
51 640
After tax
52 880
59 064
64 830
69 360
Living cost
42 276
42 276
42 276
42 276
Free-cash
10 604
16 788
22 554
27 084

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
₽27074
₽26199
₽25440
₽24390
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
-
-
-
121 000
municipal
-
-
-
28 700
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
3 111
total
-
-
-
56 568
Employee
55 560
-
94 150
-
municipal
16 568
-
28 075
-
national
-
-
2 692
-
total
16 568
-
30 767
-
Employer
55 560
-
94 150
-
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
47 983
121 000
-
-
income
10 556
26 620
-
-
total
10 556
26 620
-
-
Dividends
37 427
94 380
-
-
withholding
11 228
28 314
-
-
total
11 228
28 314
-
-
Income
121 000
121 000
121 000
121 000
Total tax
55 809
54 934
57 618
56 568
After tax
65 191
66 066
63 382
64 432
Living cost
38 992
38 992
38 992
38 992
Free-cash
26 199
27 074
24 390
25 440

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
₽20853
₽35033
₽29458
₽41644
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.

-
-
-
121 000
trade
-
-
-
12 186
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.

-
-
-
31 107
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.

-
-
-
1 710
total
-
-
-
51 897
Employee

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

51 178
-
121 000
-
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
-
1 710
-
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
-
31 107
-
total
11 532
-
39 711
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 822
121 000
-
-
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.

576
998
-
-
income
10 474
18 150
-
-
trade
11 485
19 904
-
-
chamber of commerce
253
326
-
-
total
22 788
39 378
-
-
Dividends
47 034
81 623
-
-
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.

626
1 101
-
-
withholding
11 376
20 023
-
-
total
12 002
21 124
-
-
Income
121 000
121 000
121 000
121 000
Total tax
46 322
60 502
39 711
51 897
After tax
74 678
60 498
81 289
69 103
Living cost
39 645
39 645
39 645
39 645
Free-cash
35 033
20 853
41 644
29 458

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
₽55720
₽51536
₽52148
₽50834
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
-
-
-
121 000
income
-
-
-
16 706
health
-
-
-
3 085
social contributions
-
-
-
16 328
total
-
-
-
36 119
Employee
77 601
77 601
110 273
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
1 875
-
income
8 149
7 184
16 144
-
total
12 692
14 945
26 706
-
Employer
77 601
77 601
110 273
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 040
-
total
4 612
7 877
10 727
-
Corporate
70 964
35 522
-
-
income
8 871
4 441
-
-
total
8 871
4 441
-
-
Dividends
62 093
31 081
-
-
withholding
10 556
5 284
-
-
total
10 556
5 284
-
-
Income
121 000
121 000
121 000
121 000
Total tax
36 731
32 547
37 433
36 119
After tax
84 269
88 453
83 567
84 881
Living cost
32 733
32 733
32 733
32 733
Free-cash
51 536
55 720
50 834
52 148

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
₽49756
₽50137
₽65487
₽51808
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
-
-
-
121 000
income
-
-
-
14 792
pensions
-
-
-
12 100
unemployment
-
-
-
1 815
health
-
-
-
8 470
total
-
-
-
37 177
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
101 255
-
health
1 853
737
7 088
-
income
3 236
1 288
12 378
-
pensions
2 647
1 053
10 126
-
unemployment
397
158
1 519
-
total
8 133
3 236
31 111
-
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
101 255
-
pensions
5 161
2 054
19 745
-
total
5 161
2 054
19 745
-
Corporate
89 370
108 412
-
-
income
8 043
9 757
-
-
total
8 043
9 757
-
-
Dividends
81 327
98 655
-
-
social contributions
15 738
19 117
-
-
withholding
15 452
18 744
-
-
total
31 190
37 861
-
-
Income
121 000
121 000
121 000
121 000
Total tax
52 527
52 908
50 856
37 177
After tax
68 473
68 092
70 144
83 823
Living cost
18 336
18 336
18 336
18 336
Free-cash
50 137
49 756
51 808
65 487

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
₽72426
₽66155
₽40482
₽45367
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
-
-
-
121 000
income
-
-
-
16 213
pensions
-
-
-
24 199
health
-
-
-
15 731
total
-
-
-
56 143
Employee
28 629
-
90 433
-
income
3 223
-
17 435
-
pensions
573
-
1 808
-
unemployment
458
-
1 448
-
total
4 254
-
20 691
-
Employer
28 629
-
90 433
-
unemployment
230
-
724
-
pensions
5 726
-
18 086
-
health
3 721
-
11 757
-
total
9 677
-
30 567
-
Corporate
82 694
121 000
-
-
income
16 539
24 199
-
-
total
16 539
24 199
-
-
Dividends
66 155
96 801
-
-
total
-
-
-
-
Income
121 000
121 000
121 000
121 000
Total tax
30 470
24 199
51 258
56 143
After tax
90 530
96 801
69 742
64 857
Living cost
24 375
24 375
24 375
24 375
Free-cash
66 155
72 426
45 367
40 482

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
-₽12271
₽6415
₽60845
₽41695
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
-
-
-
121 000
accident
-
-
-
253
income
-
-
-
31 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
38 083
Employee
34 721
-
105 596
-
health
3 975
-
12 091
-
income
4 763
-
22 084
-
pensions
3 910
-
7 654
-
total
12 648
-
41 829
-
Employer
34 721
-
105 596
-
accident
580
-
1 764
-
unemployment
851
-
2 587
-
pensions
5 646
-
11 053
-
total
7 077
-
15 404
-
Corporate
79 203
121 000
-
-
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.

71 283
108 900
-
-
total
71 283
108 900
-
-
Dividends
7 920
12 100
-
-
withholding
1 505
2 299
-
-
total
1 505
2 299
-
-
Income
121 000
121 000
121 000
121 000
Total tax
92 513
111 199
57 233
38 083
After tax
28 487
9 801
63 767
82 917
Living cost
22 072
22 072
22 072
22 072
Free-cash
6 415
-12 271
41 695
60 845

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
₽105870
₽104167
₽110710
₽87720
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%.

-
-
-
121 000
microenterprise

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

-
-
-
1 210
total
-
-
-
1 210
Employee
11 349
-
121 000
-
income
2 270
-
24 200
-
total
2 270
-
24 200
-
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%.

109 651
121 000
-
-
total
-
-
-
-
Dividends
109 651
121 000
-
-
withholding
5 483
6 050
-
-
total
5 483
6 050
-
-
Income
121 000
121 000
121 000
121 000
Total tax
7 753
6 050
24 200
1 210
After tax
113 247
114 950
96 800
119 790
Living cost
9 080
9 080
9 080
9 080
Free-cash
104 167
105 870
87 720
110 710

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
₽62008
₽55192
₽38046
₽43050
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
-
-
-
121 000
income
-
-
-
15 951
pensions

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

-
-
-
29 041
other
-
-
-
5 747
health
-
-
-
5 324
total
-
-
-
56 063
Employee
36 642
-
96 644
-
health
513
-
1 352
-
income
6 308
-
17 619
-
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
-
6 766
-
unemployment
366
-
967
-
total
9 751
-
26 704
-
Employer
36 642
-
96 644
-
accident
293
-
774
-
other
1 833
-
4 832
-
unemployment
366
-
967
-
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
-
16 430
-
health
513
-
1 352
-
total
9 235
-
24 355
-
Corporate
75 123
121 000
-
-
income
15 777
25 410
-
-
total
15 777
25 410
-
-
Dividends
59 346
95 590
-
-
withholding
4 154
6 691
-
-
total
4 154
6 691
-
-
Income
121 000
121 000
121 000
121 000
Total tax
38 917
32 101
51 059
56 063
After tax
82 083
88 899
69 941
64 937
Living cost
26 891
26 891
26 891
26 891
Free-cash
55 192
62 008
43 050
38 046

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
₽17668
₽9024
₽16822
₽5554
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
-
-
-
121 000
income
-
-
-
28 489
pensions
-
-
-
7 963
total
-
-
-
36 452
Employee
95 822
-
106 232
-
health
1 579
-
1 762
-
income
17 273
-
20 975
-
pensions
9 244
-
10 215
-
total
28 096
-
32 952
-
Employer
95 822
-
106 232
-
pensions
11 314
-
12 750
-
health
1 820
-
2 018
-
total
13 134
-
14 768
-
Corporate
12 044
121 000
-
-
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.

2 288
22 989
-
-
total
2 288
22 989
-
-
Dividends
9 756
98 011
-
-
withholding
732
12 617
-
-
total
732
12 617
-
-
Income
121 000
121 000
121 000
121 000
Total tax
44 250
35 606
47 720
36 452
After tax
76 750
85 394
73 280
84 548
Living cost
67 726
67 726
67 726
67 726
Free-cash
9 024
17 668
5 554
16 822

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
₽90216
₽85527
₽80194
₽84325
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
-
-
-
121 000
income
-
-
-
18 150
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
-
-
-
27 567
Employee
17 531
-
114 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
11 408
-
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
-
16 515
-
Employer
17 531
-
114 080
-
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
100 029
121 000
-
-
income
10 002
12 100
-
-
total
10 002
12 100
-
-
Dividends
90 027
108 900
-
-
withholding
4 501
5 445
-
-
total
4 501
5 445
-
-
Income
121 000
121 000
121 000
121 000
Total tax
22 234
17 545
23 436
27 567
After tax
98 766
103 455
97 564
93 433
Living cost
13 239
13 239
13 239
13 239
Free-cash
85 527
90 216
84 325
80 194

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
₽3103
₽5638
₽13399
₽8869
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
-
-
-
121 000
income
-
-
-
27 372
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
51 640
Employee
93 564
86 180
102 969
-
health
11 673
11 251
12 209
-
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
38 139
-
Employer
93 564
86 180
102 969
-
unemployment
3 369
3 102
3 708
-
pensions
6 511
5 998
7 166
-
health
6 502
5 990
7 157
-
total
16 382
15 090
18 031
-
Corporate
11 054
19 729
-
-
income
2 210
3 945
-
-
total
2 210
3 945
-
-
Dividends
8 844
15 784
-
-
income
1 879
3 353
-
-
withholding
1 327
2 367
-
-
total
3 206
5 720
-
-
Income
121 000
121 000
121 000
121 000
Total tax
59 401
61 936
56 170
51 640
After tax
61 599
59 064
64 830
69 360
Living cost
55 961
55 961
55 961
55 961
Free-cash
5 638
3 103
8 869
13 399

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
₽59138
₽50516
₽35230
₽37232
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
-
-
-
121 000
income
-
-
-
10 483
health
-
-
-
16 335
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
61 599
Employee
35 546
-
90 298
-
social contributions
2 310
-
5 869
-
health
4 799
-
12 190
-
solidarity contribution
-
-
-
-
income
4 265
-
10 836
-
total
11 374
-
28 895
-
Employer
35 546
-
90 298
-
social contributions
8 886
-
22 575
-
health
3 199
-
8 127
-
total
12 085
-
30 702
-
Corporate
73 369
121 000
-
-
income
13 940
22 990
-
-
total
13 940
22 990
-
-
Dividends
59 429
98 010
-
-
withholding
8 914
14 701
-
-
total
8 914
14 701
-
-
Income
121 000
121 000
121 000
121 000
Total tax
46 313
37 691
59 597
61 599
After tax
74 687
83 309
61 403
59 401
Living cost
24 171
24 171
24 171
24 171
Free-cash
50 516
59 138
37 232
35 230

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
₽21973
₽16704
₽18099
₽12341
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
-
-
-
121 000
municipal
-
-
-
718
regional
-
-
-
1 371
national
-
-
-
27 107
social contributions
-
-
-
31 121
total
-
-
-
60 317
Employee
89 690
-
121 000
-
social contributions
30 243
-
40 801
-
regional
846
-
1 204
-
municipal
475
-
642
-
national
15 541
-
23 428
-
total
47 105
-
66 075
-
Employer
89 690
-
121 000
-
total
-
-
-
-
Corporate
31 310
121 000
-
-
nationa
7 515
29 041
-
-
municipal
1 222
4 719
-
-
total
8 737
33 760
-
-
Dividends
22 573
87 240
-
-
withholding
5 870
22 683
-
-
total
5 870
22 683
-
-
Income
121 000
121 000
121 000
121 000
Total tax
61 712
56 443
66 075
60 317
After tax
59 288
64 557
54 925
60 683
Living cost
42 584
42 584
42 584
42 584
Free-cash
16 704
21 973
12 341
18 099

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
₽53840
₽50699
₽36900
₽34907
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
-
-
-
121 000
income
-
-
-
25 419
pensions
-
-
-
24 199
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 591
surtax
-
-
-
3 392
total
-
-
-
61 831
Employee
33 373
-
99 959
-
other
-
-
-
-
health
852
-
2 549
-
surtax
109
-
3 078
-
income
5 594
-
23 531
-
pensions
2 225
-
6 667
-
unemployment
2 323
-
6 958
-
total
11 103
-
42 783
-
Employer
33 373
-
99 959
-
other
-
-
-
-
unemployment
1 057
-
3 170
-
pensions
4 449
-
13 325
-
health
1 519
-
4 546
-
total
7 025
-
21 041
-
Corporate
80 602
121 000
-
-
income
20 957
31 460
-
-
total
20 957
31 460
-
-
Dividends
59 645
89 540
-
-
withholding
8 947
13 431
-
-
total
8 947
13 431
-
-
Income
121 000
121 000
121 000
121 000
Total tax
48 032
44 891
63 824
61 831
After tax
72 968
76 109
57 176
59 169
Living cost
22 269
22 269
22 269
22 269
Free-cash
50 699
53 840
34 907
36 900

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
₽39125
₽36422
₽38279
₽27011
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
-
-
-
121 000
income
-
-
-
28 489
pensions
-
-
-
7 963
total
-
-
-
36 452
Employee
64 218
-
106 232
-
health
932
-
1 762
-
income
11 566
-
20 975
-
pensions
5 451
-
10 215
-
total
17 949
-
32 952
-
Employer
64 218
-
106 232
-
pensions
6 952
-
12 750
-
health
1 220
-
2 018
-
total
8 172
-
14 768
-
Corporate
48 611
121 000
-
-
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.

9 235
22 989
-
-
total
9 235
22 989
-
-
Dividends
39 376
98 011
-
-
withholding
2 953
12 617
-
-
total
2 953
12 617
-
-
Income
121 000
121 000
121 000
121 000
Total tax
38 309
35 606
47 720
36 452
After tax
82 691
85 394
73 280
84 548
Living cost
46 269
46 269
46 269
46 269
Free-cash
36 422
39 125
27 011
38 279

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
-₽20943
₽11690
₽23778
₽17768
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
-
-
-
121 000
city
-
-
-
1 275
pensions
-
-
-
11 133
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.

-
-
-
2 419
regional
-
-
-
4 735
health
-
-
-
272
national
-
-
-
1 114
total
-
-
-
20 948
Employee
89 260
-
108 302
-
city
958
-
1 164
-
regional
2 923
-
4 077
-
health
202
-
243
-
pensions
7 499
-
9 098
-
unemployment
-
-
-
-
national
422
-
868
-
total
12 004
-
15 450
-
Employer
89 260
-
108 302
-
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
-
2 167
-
unemployment
-
-
-
-
pensions
7 499
-
9 098
-
health
202
-
243
-
total
9 486
-
11 508
-
Corporate
21 273
121 000
-
-
regional
4 500
25 592
-
-
national
1 808
10 285
-
-
total
6 308
35 877
-
-
Dividends
14 965
85 123
-
-
withholding
5 238
29 792
-
-
total
5 238
29 792
-
-
Income
121 000
121 000
121 000
121 000
Total tax
33 036
65 669
26 958
20 948
After tax
87 964
55 331
94 042
100 052
Living cost
76 274
76 274
76 274
76 274
Free-cash
11 690
-20 943
17 768
23 778

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
₽13645
₽30012
₽22353
₽35058
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.

-
-
-
121 000
trade
-
-
-
12 705
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.

-
-
-
31 107
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.

-
-
-
1 710
total
-
-
-
52 416
Employee

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

60 650
-
121 000
-
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
-
1 710
-
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
-
31 107
-
total
14 419
-
39 711
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 350
121 000
-
-
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.

498
998
-
-
income
9 053
18 150
-
-
trade
10 349
20 752
-
-
chamber of commerce
237
324
-
-
total
20 137
40 224
-
-
Dividends
40 213
80 777
-
-
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.

532
1 090
-
-
withholding
9 669
19 810
-
-
total
10 201
20 900
-
-
Income
121 000
121 000
121 000
121 000
Total tax
44 757
61 124
39 711
52 416
After tax
76 243
59 876
81 289
68 584
Living cost
46 231
46 231
46 231
46 231
Free-cash
30 012
13 645
35 058
22 353

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
₽26457
₽32418
₽34579
₽38276
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
-
-
-
121 000
income
-
-
-
14 365
pensions
-
-
-
26 986
other
-
-
-
3 752
health
-
-
-
3 344
surtax
-
-
-
-
social contributions
-
-
-
3 447
total
-
-
-
51 894
Employee
43 191
-
96 822
-
social contributions
1 231
-
2 758
-
surtax
-
-
-
-
income
2 549
-
15 897
-
pensions
4 884
-
5 366
-
total
8 664
-
24 021
-
Employer
43 191
-
96 822
-
other
1 490
-
3 340
-
social contributions
130
-
291
-
unemployment
1 748
-
3 922
-
pensions
7 095
-
9 281
-
health
3 024
-
7 342
-
total
13 487
-
24 176
-
Corporate
64 320
121 000
-
-
surtax
-
-
-
-
income
18 010
33 880
-
-
total
18 010
33 880
-
-
Dividends
46 311
87 120
-
-
surtax
-
-
-
-
social contributions
7 967
14 984
-
-
withholding
5 927
11 152
-
-
total
13 894
26 136
-
-
Income
121 000
121 000
121 000
121 000
Total tax
54 055
60 016
48 197
51 894
After tax
66 945
60 984
72 803
69 106
Living cost
34 527
34 527
34 527
34 527
Free-cash
32 418
26 457
38 276
34 579

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
₽29877
₽35485
₽37999
₽41696
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
-
-
-
121 000
income
-
-
-
14 365
pensions
-
-
-
26 986
other
-
-
-
3 752
health
-
-
-
3 344
surtax
-
-
-
-
social contributions
-
-
-
3 447
total
-
-
-
51 894
Employee
38 554
-
96 822
-
social contributions
1 099
-
2 758
-
surtax
-
-
-
-
income
1 988
-
15 897
-
pensions
4 361
-
5 366
-
total
7 448
-
24 021
-
Employer
38 554
-
96 822
-
other
1 331
-
3 340
-
social contributions
115
-
291
-
unemployment
1 561
-
3 922
-
pensions
6 335
-
9 281
-
health
2 698
-
7 342
-
total
12 040
-
24 176
-
Corporate
70 405
121 000
-
-
surtax
-
-
-
-
income
19 714
33 880
-
-
total
19 714
33 880
-
-
Dividends
50 691
87 120
-
-
surtax
-
-
-
-
social contributions
8 718
14 984
-
-
withholding
6 488
11 152
-
-
total
15 206
26 136
-
-
Income
121 000
121 000
121 000
121 000
Total tax
54 408
60 016
48 197
51 894
After tax
66 592
60 984
72 803
69 106
Living cost
31 107
31 107
31 107
31 107
Free-cash
35 485
29 877
41 696
37 999

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
₽52422
₽52944
₽56307
₽55480
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
-
-
-
121 000
income
-
-
-
18 150
health
-
-
-
8 446
social contributions
-
-
-
16 698
total
-
-
-
43 294
Employee
34 217
-
121 000
-
social contributions
4 723
-
16 698
-
health
2 388
-
8 446
-
income
5 707
-
18 977
-
total
12 818
-
44 121
-
Employer
34 217
-
121 000
-
total
-
-
-
-
Corporate
86 783
121 000
-
-
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%.

4 340
6 050
-
-
total
4 340
6 050
-
-
Dividends
82 443
114 950
-
-
health
5 755
8 024
-
-
social contributions
11 378
15 863
-
-
withholding
12 366
17 242
-
-
total
29 499
41 129
-
-
Income
121 000
121 000
121 000
121 000
Total tax
46 657
47 179
44 121
43 294
After tax
74 343
73 821
76 879
77 706
Living cost
21 399
21 399
21 399
21 399
Free-cash
52 944
52 422
55 480
56 307

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
₽31931
₽30370
₽24530
-₽1432
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
-
-
-
121 000
chamber of commerce
-
-
-
485
income
-
-
-
23 207
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
60 910
Employee
50 434
40 217
93 805
-
other
504
402
938
-
health
1 952
1 557
3 631
-
income
5 742
2 967
20 197
-
pensions
5 165
4 117
9 606
-
unemployment
1 513
1 207
2 813
-
total
14 876
10 250
37 185
-
Employer
50 434
40 217
93 805
-
accident
655
523
1 220
-
other
2 396
1 909
4 455
-
chamber of commerce
201
161
375
-
unemployment
1 513
1 207
2 813
-
surtax
199
199
199
-
pensions
6 329
5 048
11 772
-
payroll
1 513
1 207
2 813
-
health
1 906
1 521
3 547
-
total
14 712
11 775
27 194
-
Corporate
55 854
69 009
89 975
-
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.

13 963
17 251
22 493
-
total
13 963
17 251
22 493
-
Dividends
41 891
51 757
-
-
withholding
11 519
14 233
-
-
total
11 519
14 233
-
-
Income
121 000
121 000
121 000
121 000
Total tax
55 070
53 509
86 872
60 910
After tax
65 930
67 491
34 128
60 090
Living cost
35 560
35 560
35 560
35 560
Free-cash
30 370
31 931
-1 432
24 530

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
₽30992
₽15858
₽17852
₽8974
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
-
-
-
121 000
national
-
-
-
40 903
communal

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

-
-
-
6 100
social contributions
-
-
-
19 349
total
-
-
-
66 352
Employee

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

72 187
-
93 717
-
communal

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

3 765
-
4 887
-
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
-
4 405
-
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
-
7 028
-
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
-
816
-
national
22 193
-
30 812
-
total
35 392
-
47 948
-
Employer

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

72 187
-
93 717
-
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
-
1 218
-
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
-
1 367
-
surtax
8 185
-
10 629
-
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
-
8 304
-
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
-
5 764
-
total
21 011
-
27 282
-
Corporate
27 800
121 000
-
-
surtax
111
485
-
-
income
5 560
24 199
-
-
total
5 671
24 684
-
-
Dividends
22 129
96 316
-
-
withholding

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

6 272
28 528
-
-
total
6 272
28 528
-
-
Income
121 000
121 000
121 000
121 000
Total tax
68 346
53 212
75 230
66 352
After tax
52 654
67 788
45 770
54 648
Living cost
36 796
36 796
36 796
36 796
Free-cash
15 858
30 992
8 974
17 852

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
₽44893
₽36995
₽30335
₽25919
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
-
-
-
121 000
accident
-
-
-
843
income
-
-
-
26 156
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
54 219
Employee
50 235
-
91 750
-
other
50
-
92
-
income
10 599
-
23 559
-
pensions
2 361
-
4 313
-
unemployment
779
-
1 423
-
total
13 789
-
29 387
-
Employer
50 235
-
91 750
-
accident
994
-
1 817
-
other
400
-
733
-
unemployment
2 764
-
5 046
-
pensions
11 855
-
21 652
-
total
16 013
-
29 248
-
Corporate
54 753
121 000
-
-
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.

8 214
18 150
-
-
total
8 214
18 150
-
-
Dividends
46 539
102 850
-
-
withholding
9 543
21 511
-
-
total
9 543
21 511
-
-
Income
121 000
121 000
121 000
121 000
Total tax
47 559
39 661
58 635
54 219
After tax
73 441
81 339
62 365
66 781
Living cost
36 446
36 446
36 446
36 446
Free-cash
36 995
44 893
25 919
30 335

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
₽18418
₽9097
₽11314
₽16159
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
-
-
-
121 000
accident
-
-
-
1 021
income
-
-
-
13 538
pensions
-
-
-
18 136
health
-
-
-
8 503
surtax
-
-
-
5 998
communal
-
-
-
7 647
total
-
-
-
54 843
Employee
76 425
-
108 084
-
health
3 401
-
4 809
-
surtax
4 684
-
6 624
-
income
7 382
-
17 002
-
pensions
6 113
-
8 647
-
total
21 580
-
37 082
-
Employer
76 425
-
108 084
-
accident
688
-
973
-
pensions
6 113
-
8 647
-
health
2 331
-
3 296
-
total
9 132
-
12 916
-
Corporate
35 444
121 000
-
-
surtax
372
1 270
-
-
communal
2 392
8 168
-
-
income
5 316
18 150
-
-
total
8 080
27 588
-
-
Dividends
27 364
93 413
-
-
income
14 164
6 140
-
-
withholding
4 104
14 011
-
-
total
18 268
20 151
-
-
Income
121 000
121 000
121 000
121 000
Total tax
57 060
47 739
49 998
54 843
After tax
63 940
73 261
71 002
66 157
Living cost
54 843
54 843
54 843
54 843
Free-cash
9 097
18 418
16 159
11 314

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
₽53442
₽50232
₽36502
₽34509
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
-
-
-
121 000
income
-
-
-
25 419
pensions
-
-
-
24 199
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 591
surtax
-
-
-
3 392
total
-
-
-
61 831
Employee
33 986
-
99 959
-
other
-
-
-
-
health
868
-
2 549
-
surtax
121
-
3 078
-
income
5 697
-
23 531
-
pensions
2 267
-
6 667
-
unemployment
2 365
-
6 958
-
total
11 318
-
42 783
-
Employer
33 986
-
99 959
-
other
-
-
-
-
unemployment
1 078
-
3 170
-
pensions
4 531
-
13 325
-
health
1 545
-
4 546
-
total
7 154
-
21 041
-
Corporate
79 859
121 000
-
-
income
20 764
31 460
-
-
total
20 764
31 460
-
-
Dividends
59 096
89 540
-
-
withholding
8 865
13 431
-
-
total
8 865
13 431
-
-
Income
121 000
121 000
121 000
121 000
Total tax
48 101
44 891
63 824
61 831
After tax
72 899
76 109
57 176
59 169
Living cost
22 667
22 667
22 667
22 667
Free-cash
50 232
53 442
34 509
36 502

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
₽36415
₽34175
₽33045
₽27315
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
-
-
-
121 000
municipal
-
-
-
718
regional
-
-
-
1 824
national
-
-
-
27 107
social contributions
-
-
-
31 121
total
-
-
-
60 770
Employee
55 981
-
121 000
-
social contributions
18 877
-
40 801
-
regional
754
-
1 629
-
municipal
297
-
642
-
national
8 869
-
23 428
-
total
28 797
-
66 500
-
Employer
55 981
-
121 000
-
total
-
-
-
-
Corporate
65 019
121 000
-
-
nationa
15 604
29 041
-
-
municipal
3 231
6 013
-
-
total
18 835
35 054
-
-
Dividends
46 184
85 946
-
-
withholding
12 008
22 346
-
-
total
12 008
22 346
-
-
Income
121 000
121 000
121 000
121 000
Total tax
59 640
57 400
66 500
60 770
After tax
61 360
63 600
54 500
60 230
Living cost
27 185
27 185
27 185
27 185
Free-cash
34 175
36 415
27 315
33 045

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
₽53524
₽42899
₽29616
₽31618
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
-
-
-
121 000
income
-
-
-
10 483
health
-
-
-
16 335
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
61 599
Employee
43 801
-
90 298
-
social contributions
2 847
-
5 869
-
health
5 913
-
12 190
-
solidarity contribution
-
-
-
-
income
5 256
-
10 836
-
total
14 016
-
28 895
-
Employer
43 801
-
90 298
-
social contributions
10 950
-
22 575
-
health
3 942
-
8 127
-
total
14 892
-
30 702
-
Corporate
62 306
121 000
-
-
income
11 838
22 990
-
-
total
11 838
22 990
-
-
Dividends
50 468
98 010
-
-
withholding
7 570
14 701
-
-
total
7 570
14 701
-
-
Income
121 000
121 000
121 000
121 000
Total tax
48 316
37 691
59 597
61 599
After tax
72 684
83 309
61 403
59 401
Living cost
29 785
29 785
29 785
29 785
Free-cash
42 899
53 524
31 618
29 616

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
₽35401
₽34905
₽28092
₽1963
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
-
-
-
121 000
chamber of commerce
-
-
-
485
income
-
-
-
23 207
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
60 711
Employee
44 114
40 217
93 959
-
other
440
402
940
-
health
1 706
1 557
3 637
-
income
3 930
2 967
20 250
-
pensions
4 518
4 117
9 622
-
unemployment
1 323
1 207
2 819
-
total
11 917
10 250
37 268
-
Employer
44 114
40 217
93 959
-
accident
573
523
1 222
-
other
2 095
1 909
4 462
-
chamber of commerce
176
161
375
-
unemployment
1 323
1 207
2 819
-
surtax
-
-
-
-
pensions
5 537
5 048
11 791
-
payroll
1 323
1 207
2 819
-
health
1 668
1 521
3 553
-
total
12 695
11 576
27 041
-
Corporate
64 190
69 208
90 128
-
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.

16 047
17 301
22 531
-
total
16 047
17 301
22 531
-
Dividends
48 144
51 907
-
-
withholding
13 239
14 275
-
-
total
13 239
14 275
-
-
Income
121 000
121 000
121 000
121 000
Total tax
53 898
53 402
86 840
60 711
After tax
67 102
67 598
34 160
60 289
Living cost
32 197
32 197
32 197
32 197
Free-cash
34 905
35 401
1 963
28 092

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
₽100801
₽98148
₽105641
₽82651
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%.

-
-
-
121 000
microenterprise

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

-
-
-
1 210
total
-
-
-
1 210
Employee
17 686
-
121 000
-
income
3 537
-
24 200
-
total
3 537
-
24 200
-
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%.

103 314
121 000
-
-
total
-
-
-
-
Dividends
103 314
121 000
-
-
withholding
5 166
6 050
-
-
total
5 166
6 050
-
-
Income
121 000
121 000
121 000
121 000
Total tax
8 703
6 050
24 200
1 210
After tax
112 297
114 950
96 800
119 790
Living cost
14 149
14 149
14 149
14 149
Free-cash
98 148
100 801
82 651
105 641

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
₽56240
₽47798
₽34654
₽31186
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.

-
-
-
121 000
income
-
-
-
25 091
pensions
-
-
-
22 098
unemployment
-
-
-
182
health
-
-
-
11 906
total
-
-
-
59 277
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
-
104 699
-
health
2 882
-
6 764
-
income
7 696
-
23 304
-
pensions
6 917
-
16 229
-
unemployment
63
-
147
-
total
17 558
-
46 444
-
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
-
104 699
-
unemployment
27
-
63
-
pensions
3 949
-
9 265
-
health
2 972
-
6 973
-
total
6 948
-
16 301
-
Corporate
69 426
121 000
-
-
income
13 191
22 991
-
-
total
13 191
22 991
-
-
Dividends
56 234
98 009
-
-
withholding
8 436
14 700
-
-
total
8 436
14 700
-
-
Income
121 000
121 000
121 000
121 000
Total tax
46 133
37 691
62 745
59 277
After tax
74 867
83 309
58 255
61 723
Living cost
27 069
27 069
27 069
27 069
Free-cash
47 798
56 240
31 186
34 654

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
₽30032
-₽29609
₽40037
₽64128
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
-
-
-
121 000
income
-
-
-
23 585
social contributions
-
-
-
13 794
total
-
-
-
37 379
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
-
121 000
-
-
income
-
26 620
-
-
total
-
26 620
-
-
Dividends
-
94 380
-
-
income
-
20 764
-
-
total
-
20 764
-
-
Income
121 000
121 000
121 000
121 000
Total tax
107 025
47 384
13 288
37 379
After tax
13 975
73 616
107 712
83 621
Living cost
43 584
43 584
43 584
43 584
Free-cash
-29 609
30 032
64 128
40 037

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
₽37169
₽36153
₽35039
₽27614
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.

-
-
-
121 000
income
-
-
-
12 258
surtax
-
-
-
-
social contributions

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

-
-
-
42 048
total
-
-
-
54 306
Employee
46 415
-
97 777
-
social contributions
5 106
-
10 755
-
surtax
-
-
-
-
income
9 654
-
27 753
-
total
14 760
-
38 508
-
Employer
46 415
-
97 777
-
social contributions
11 023
-
23 223
-
total
11 023
-
23 223
-
Corporate
63 562
121 000
-
-
surtax
-
-
-
-
income
13 348
25 410
-
-
total
13 348
25 410
-
-
Dividends
50 214
95 590
-
-
withholding
14 061
26 766
-
-
total
14 061
26 766
-
-
Income
121 000
121 000
121 000
121 000
Total tax
53 192
52 176
61 731
54 306
After tax
67 808
68 824
59 269
66 694
Living cost
31 655
31 655
31 655
31 655
Free-cash
36 153
37 169
27 614
35 039

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
₽12242
₽19178
₽20364
₽24061
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
-
-
-
121 000
income
-
-
-
14 365
pensions
-
-
-
26 986
other
-
-
-
3 752
health
-
-
-
3 344
surtax
-
-
-
-
social contributions
-
-
-
3 447
total
-
-
-
51 894
Employee
63 207
-
96 822
-
social contributions
1 800
-
2 758
-
surtax
-
-
-
-
income
5 515
-
15 897
-
pensions
7 149
-
5 366
-
total
14 464
-
24 021
-
Employer
63 207
-
96 822
-
other
2 181
-
3 340
-
social contributions
190
-
291
-
unemployment
2 561
-
3 922
-
pensions
10 386
-
9 281
-
health
4 424
-
7 342
-
total
19 742
-
24 176
-
Corporate
38 052
121 000
-
-
surtax
-
-
-
-
income
10 654
33 880
-
-
total
10 654
33 880
-
-
Dividends
27 398
87 120
-
-
surtax
-
-
-
-
social contributions
4 713
14 984
-
-
withholding
3 507
11 152
-
-
total
8 220
26 136
-
-
Income
121 000
121 000
121 000
121 000
Total tax
53 080
60 016
48 197
51 894
After tax
67 920
60 984
72 803
69 106
Living cost
48 742
48 742
48 742
48 742
Free-cash
19 178
12 242
24 061
20 364

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
₽78564
₽75174
₽60735
₽63949
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
-
-
-
121 000
income
-
-
-
3 309
social contributions
-
-
-
26 620
total
-
-
-
29 929
Employee
32 444
-
104 762
-
income
-
-
3 667
-
social contributions
2 109
-
6 810
-
total
2 109
-
10 477
-
Employer
32 444
-
104 762
-
social contributions
5 029
-
16 238
-
total
5 029
-
16 238
-
Corporate
83 527
121 000
-
-
income
8 352
12 100
-
-
total
8 352
12 100
-
-
Dividends
75 175
108 900
-
-
total
-
-
-
-
Income
121 000
121 000
121 000
121 000
Total tax
15 490
12 100
26 715
29 929
After tax
105 510
108 900
94 285
91 071
Living cost
30 336
30 336
30 336
30 336
Free-cash
75 174
78 564
63 949
60 735

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
-₽98973
-₽98973
₽25237
-₽98973
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
-
-
-
121 000
municipal
-
-
-
23 517
pensions
-
-
-
875
national
-
-
-
13 138
labour market
-
-
-
9 610
total
-
-
-
47 140
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
121 000
121 000
121 000
121 000
Total tax
171 350
171 350
171 350
47 140
After tax
-50 350
-50 350
-50 350
73 860
Living cost
48 623
48 623
48 623
48 623
Free-cash
-98 973
-98 973
-98 973
25 237

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
-₽11945
₽6468
₽61171
₽42021
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
-
-
-
121 000
accident
-
-
-
253
income
-
-
-
31 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
38 083
Employee
34 209
-
105 596
-
health
3 917
-
12 091
-
income
4 693
-
22 084
-
pensions
3 852
-
7 654
-
total
12 462
-
41 829
-
Employer
34 209
-
105 596
-
accident
571
-
1 764
-
unemployment
838
-
2 587
-
pensions
5 562
-
11 053
-
total
6 971
-
15 404
-
Corporate
79 820
121 000
-
-
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.

71 837
108 900
-
-
total
71 837
108 900
-
-
Dividends
7 982
12 100
-
-
withholding
1 516
2 299
-
-
total
1 516
2 299
-
-
Income
121 000
121 000
121 000
121 000
Total tax
92 786
111 199
57 233
38 083
After tax
28 214
9 801
63 767
82 917
Living cost
21 746
21 746
21 746
21 746
Free-cash
6 468
-11 945
42 021
61 171

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
₽40174
₽39997
₽44930
₽28340
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

-
-
-
121 000
municipal
-
-
-
21 520
health
-
-
-
1 442
national
-
-
-
14 363
total
-
-
-
37 325
Employee
53 095
-
101 793
-
health
396
-
1 147
-
municipal
8 697
-
16 604
-
pensions
3 583
-
6 871
-
unemployment
797
-
1 526
-
national
877
-
8 560
-
total
14 350
-
34 708
-
Employer
53 095
-
101 793
-
accident
54
-
102
-
unemployment
345
-
661
-
pensions
9 212
-
17 661
-
health
408
-
783
-
total
10 019
-
19 207
-
Corporate
57 887
121 000
-
-
income
11 577
24 199
-
-
total
11 577
24 199
-
-
Dividends

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

34 733
72 600
-
-
national
61
4 813
-
-
municipal
6 251
13 069
-
-
total
6 312
17 882
-
-
Income
121 000
121 000
121 000
121 000
Total tax
42 258
42 081
53 915
37 325
After tax
78 742
78 919
67 085
83 675
Living cost
38 745
38 745
38 745
38 745
Free-cash
39 997
40 174
28 340
44 930

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
₽65088
₽59600
₽61516
₽60202
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
-
-
-
121 000
income
-
-
-
16 706
health
-
-
-
3 085
social contributions
-
-
-
16 328
total
-
-
-
36 119
Employee
77 601
77 601
110 273
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
1 875
-
income
8 449
7 184
16 144
-
total
11 984
14 945
26 706
-
Employer
77 601
77 601
110 273
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 040
-
total
3 587
7 877
10 727
-
Corporate
82 063
35 522
-
-
income
10 257
4 441
-
-
total
10 257
4 441
-
-
Dividends
71 806
31 081
-
-
withholding
12 207
5 284
-
-
total
12 207
5 284
-
-
Income
121 000
121 000
121 000
121 000
Total tax
38 035
32 547
37 433
36 119
After tax
82 965
88 453
83 567
84 881
Living cost
23 365
23 365
23 365
23 365
Free-cash
59 600
65 088
60 202
61 516

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
₽84177
₽79042
₽83034
₽62793
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
-
-
-
121 000
income
-
-
-
11 843
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
21 943
Employee

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

23 164
-
111 137
-
health
1 969
-
8 139
-
income
1 584
-
9 340
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
32 321
-
Employer

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

23 164
-
111 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
95 451
121 000
-
-
income
8 591
10 889
-
-
total
8 591
10 889
-
-
Dividends
86 860
110 111
-
-
withholding
7 817
9 911
-
-
total
7 817
9 911
-
-
Income
121 000
121 000
121 000
121 000
Total tax
25 935
20 800
42 184
21 943
After tax
95 065
100 200
78 816
99 057
Living cost
16 023
16 023
16 023
16 023
Free-cash
79 042
84 177
62 793
83 034

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
₽53588
₽48437
₽39030
₽34614
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
-
-
-
121 000
accident
-
-
-
843
income
-
-
-
26 156
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
54 219
Employee
37 315
-
91 750
-
other
36
-
92
-
income
7 194
-
23 559
-
pensions
1 754
-
4 313
-
unemployment
578
-
1 423
-
total
9 562
-
29 387
-
Employer
37 315
-
91 750
-
accident
739
-
1 817
-
other
299
-
733
-
unemployment
2 053
-
5 046
-
pensions
8 806
-
21 652
-
total
11 897
-
29 248
-
Corporate
71 788
121 000
-
-
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.

10 769
18 150
-
-
total
10 769
18 150
-
-
Dividends
61 019
102 850
-
-
withholding
12 584
21 511
-
-
total
12 584
21 511
-
-
Income
121 000
121 000
121 000
121 000
Total tax
44 812
39 661
58 635
54 219
After tax
76 188
81 339
62 365
66 781
Living cost
27 751
27 751
27 751
27 751
Free-cash
48 437
53 588
34 614
39 030

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
₽72748
₽72294
₽74276
₽74078
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
-
-
-
121 000
income
-
-
-
40 501
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
43 968
Employee
4 198
-
118 738
-
health
210
-
503
-
income
812
-
40 395
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
41 904
-
Employer
4 198
-
118 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
115 858
121 000
-
-
income
25 489
26 620
-
-
total
25 489
26 620
-
-
Dividends
90 369
94 380
-
-
withholding
18 074
18 876
-
-
total
18 074
18 876
-
-
Income
121 000
121 000
121 000
121 000
Total tax
45 950
45 496
44 166
43 968
After tax
75 050
75 504
76 834
77 032
Living cost
2 756
2 756
2 756
2 756
Free-cash
72 294
72 748
74 078
74 276

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
₽69970
₽65005
₽49320
₽49321
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.

-
-
-
121 000
income
-
-
-
26 034
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
54 227
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
-
107 649
-
health
1 355
-
3 841
-
income
3 628
-
26 034
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
40 876
-
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
-
107 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
89 970
121 000
-
-
income
13 496
18 150
-
-
total
13 496
18 150
-
-
Dividends
76 475
102 850
-
-
withholding
11 471
15 427
-
-
total
11 471
15 427
-
-
Income
121 000
121 000
121 000
121 000
Total tax
38 542
33 577
54 226
54 227
After tax
82 458
87 423
66 774
66 773
Living cost
17 453
17 453
17 453
17 453
Free-cash
65 005
69 970
49 321
49 320

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
₽41617
₽41255
₽39487
₽32062
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.

-
-
-
121 000
income
-
-
-
12 258
surtax
-
-
-
-
social contributions

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

-
-
-
42 048
total
-
-
-
54 306
Employee
39 169
-
97 777
-
social contributions
4 309
-
10 755
-
surtax
-
-
-
-
income
7 653
-
27 753
-
total
11 962
-
38 508
-
Employer
39 169
-
97 777
-
social contributions
9 302
-
23 223
-
total
9 302
-
23 223
-
Corporate
72 530
121 000
-
-
surtax
-
-
-
-
income
15 231
25 410
-
-
total
15 231
25 410
-
-
Dividends
57 299
95 590
-
-
withholding
16 043
26 766
-
-
total
16 043
26 766
-
-
Income
121 000
121 000
121 000
121 000
Total tax
52 538
52 176
61 731
54 306
After tax
68 462
68 824
59 269
66 694
Living cost
27 207
27 207
27 207
27 207
Free-cash
41 255
41 617
32 062
39 487

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
₽45872
₽38317
₽31314
₽26898
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
-
-
-
121 000
accident
-
-
-
843
income
-
-
-
26 156
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
54 219
Employee
48 739
-
91 750
-
other
48
-
92
-
income
10 180
-
23 559
-
pensions
2 290
-
4 313
-
unemployment
755
-
1 423
-
total
13 273
-
29 387
-
Employer
48 739
-
91 750
-
accident
965
-
1 817
-
other
391
-
733
-
unemployment
2 681
-
5 046
-
pensions
11 502
-
21 652
-
total
15 539
-
29 248
-
Corporate
56 722
121 000
-
-
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.

8 509
18 150
-
-
total
8 509
18 150
-
-
Dividends
48 213
102 850
-
-
withholding
9 895
21 511
-
-
total
9 895
21 511
-
-
Income
121 000
121 000
121 000
121 000
Total tax
47 216
39 661
58 635
54 219
After tax
73 784
81 339
62 365
66 781
Living cost
35 467
35 467
35 467
35 467
Free-cash
38 317
45 872
26 898
31 314

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
₽86084
₽79930
₽76062
₽80193
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
-
-
-
121 000
income
-
-
-
18 150
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
-
-
-
27 567
Employee
23 001
-
114 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
11 408
-
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
-
16 515
-
Employer
23 001
-
114 080
-
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
93 486
121 000
-
-
income
9 349
12 100
-
-
total
9 349
12 100
-
-
Dividends
84 137
108 900
-
-
withholding
4 207
5 445
-
-
total
4 207
5 445
-
-
Income
121 000
121 000
121 000
121 000
Total tax
23 699
17 545
23 436
27 567
After tax
97 301
103 455
97 564
93 433
Living cost
17 371
17 371
17 371
17 371
Free-cash
79 930
86 084
80 193
76 062

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
₽23403
₽36606
₽31696
₽42327
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.

-
-
-
121 000
trade
-
-
-
10 631
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.

-
-
-
31 107
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.

-
-
-
1 710
total
-
-
-
50 342
Employee

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

50 213
-
121 000
-
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
-
1 710
-
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
-
31 107
-
total
11 251
-
39 711
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 787
121 000
-
-
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.

584
998
-
-
income
10 617
18 150
-
-
trade
10 158
17 364
-
-
chamber of commerce
257
331
-
-
total
21 616
36 843
-
-
Dividends
49 171
84 157
-
-
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.

655
1 136
-
-
withholding
11 910
20 656
-
-
total
12 565
21 792
-
-
Income
121 000
121 000
121 000
121 000
Total tax
45 432
58 635
39 711
50 342
After tax
75 568
62 365
81 289
70 658
Living cost
38 962
38 962
38 962
38 962
Free-cash
36 606
23 403
42 327
31 696

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
₽27212
₽29442
₽20610
₽20610
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
-
-
-
121 000
income
-
-
-
31 720
social contributions
-
-
-
11 183
total
-
-
-
42 903
Employee
78 941
-
121 000
-
income
14 896
-
31 720
-
social contributions
6 558
-
11 183
-
total
21 454
-
42 903
-
Employer
78 941
-
121 000
-
total
-
-
-
-
Corporate
42 059
121 000
-
-
income
5 257
15 126
-
-
total
5 257
15 126
-
-
Dividends
36 802
105 874
-
-
withholding
7 360
21 175
-
-
total
7 360
21 175
-
-
Income
121 000
121 000
121 000
121 000
Total tax
34 071
36 301
42 903
42 903
After tax
86 929
84 699
78 097
78 097
Living cost
57 487
57 487
57 487
57 487
Free-cash
29 442
27 212
20 610
20 610

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
₽36683
₽40212
₽48898
₽52545
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.

-
-
-
121 000
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
-
116 358
-
income
5 023
-
22 537
-
social contributions
4 638
-
4 642
-
total
9 661
-
27 179
-
Employer
46 295
-
116 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
70 066
121 000
-
-
income
24 523
42 351
-
-
total
24 523
42 351
-
-
Dividends
45 543
78 649
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
121 000
121 000
121 000
121 000
Total tax
44 154
47 683
31 821
35 468
After tax
76 846
73 317
89 179
85 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
40 212
36 683
52 545
48 898

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
₽47779
₽47329
₽46933
₽35665
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
-
-
-
121 000
income
-
-
-
28 489
pensions
-
-
-
7 963
total
-
-
-
36 452
Employee
51 632
-
106 232
-
health
674
-
1 762
-
income
9 403
-
20 975
-
pensions
3 941
-
10 215
-
total
14 018
-
32 952
-
Employer
51 632
-
106 232
-
pensions
5 216
-
12 750
-
health
981
-
2 018
-
total
6 197
-
14 768
-
Corporate
63 170
121 000
-
-
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.

12 003
22 989
-
-
total
12 003
22 989
-
-
Dividends
51 167
98 011
-
-
withholding
3 838
12 617
-
-
total
3 838
12 617
-
-
Income
121 000
121 000
121 000
121 000
Total tax
36 056
35 606
47 720
36 452
After tax
84 944
85 394
73 280
84 548
Living cost
37 615
37 615
37 615
37 615
Free-cash
47 329
47 779
35 665
46 933

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
-₽14099
₽6135
₽59017
₽39867
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
-
-
-
121 000
accident
-
-
-
253
income
-
-
-
31 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
38 083
Employee
37 595
-
105 596
-
health
4 304
-
12 091
-
income
5 158
-
22 084
-
pensions
4 233
-
7 654
-
total
13 695
-
41 829
-
Employer
37 595
-
105 596
-
accident
628
-
1 764
-
unemployment
921
-
2 587
-
pensions
6 113
-
11 053
-
total
7 662
-
15 404
-
Corporate
75 744
121 000
-
-
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.

68 169
108 900
-
-
total
68 169
108 900
-
-
Dividends
7 575
12 100
-
-
withholding
1 439
2 299
-
-
total
1 439
2 299
-
-
Income
121 000
121 000
121 000
121 000
Total tax
90 965
111 199
57 233
38 083
After tax
30 035
9 801
63 767
82 917
Living cost
23 900
23 900
23 900
23 900
Free-cash
6 135
-14 099
39 867
59 017

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

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Skopje , Macedonia
₽88190
₽83468
₽55003
₽66088
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.

-
-
-
121 000
work injury
-
-
-
605
health insurance
-
-
-
8 954
income
-
-
-
19 091
pensions
-
-
-
22 264
unemployment
-
-
-
1 452
total
-
-
-
52 366
Employee

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

21 810
-
121 000
-
work injury
109
-
403
-
income
2 181
-
19 091
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
41 281
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 190
121 000
-
-
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%.

992
1 210
-
-
total
992
1 210
-
-
Dividends
98 198
119 790
-
-
withholding
14 730
17 969
-
-
total
14 730
17 969
-
-
Income
121 000
121 000
121 000
121 000
Total tax
23 901
19 179
41 281
52 366
After tax
97 099
101 821
79 719
68 634
Living cost
13 631
13 631
13 631
13 631
Free-cash
83 468
88 190
66 088
55 003

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
₽23531
₽18941
₽19160
₽13626
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
-
-
-
121 000
municipal
-
-
-
808
regional
-
-
-
2 601
national
-
-
-
27 107
social contributions
-
-
-
31 121
total
-
-
-
61 637
Employee
85 040
-
121 000
-
social contributions
28 675
-
40 801
-
regional
1 284
-
2 220
-
municipal
508
-
722
-
national
14 371
-
23 428
-
total
44 838
-
67 171
-
Employer
85 040
-
121 000
-
total
-
-
-
-
Corporate
35 960
121 000
-
-
nationa
8 630
29 041
-
-
municipal
1 733
5 832
-
-
total
10 363
34 873
-
-
Dividends
25 597
86 128
-
-
withholding
6 655
22 393
-
-
total
6 655
22 393
-
-
Income
121 000
121 000
121 000
121 000
Total tax
61 856
57 266
67 171
61 637
After tax
59 144
63 734
53 829
59 363
Living cost
40 203
40 203
40 203
40 203
Free-cash
18 941
23 531
13 626
19 160

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

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