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
₽ 126000
per

Your estimated
City
free-cash

Dresden , Germany
₽33206
₽44321
₽41091
₽53580
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.

-
-
-
126 000
trade
-
-
-
12 489
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.

-
-
-
33 301
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.

-
-
-
6 862
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.

-
-
-
1 832
total
-
-
-
54 484
Employee

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

38 419
-
126 000
-
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.

6 862
-
6 862
-
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
-
1 832
-
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.

1 073
-
33 301
-
total
7 994
-
41 995
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 581
126 000
-
-
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.

722
1 039
-
-
income
13 137
18 900
-
-
trade
13 793
19 845
-
-
chamber of commerce
278
334
-
-
total
27 930
40 118
-
-
Dividends
59 650
85 883
-
-
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.

799
1 161
-
-
withholding
14 531
21 090
-
-
total
15 330
22 251
-
-
Income
126 000
126 000
126 000
126 000
Total tax
51 254
62 369
41 995
54 484
After tax
74 746
63 631
84 005
71 516
Living cost
30 425
30 425
30 425
30 425
Free-cash
44 321
33 206
53 580
41 091

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
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.
₽7171
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
₽27945
₽27101
₽24560
₽25548
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
-
-
-
126 000
municipal
-
-
-
13 448
pensions
-
-
-
15 120
national
-
-
-
20 839
social contributions
-
-
-
1 354
total
-
-
-
50 761
Employee
78 562
-
108 926
-
municipal
9 704
-
13 936
-
pensions
3 142
-
4 357
-
national
15 037
-
21 595
-
total
27 883
-
39 888
-
Employer
78 562
-
108 926
-
social contributions
845
-
1 171
-
pensions
6 285
-
8 714
-
total
7 130
-
9 885
-
Corporate
35 123
126 000
-
-
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%.

7 025
25 200
-
-
total
7 025
25 200
-
-
Dividends
28 099
100 800
-
-
withholding
6 182
22 176
-
-
total
6 182
22 176
-
-
Income
126 000
126 000
126 000
126 000
Total tax
48 220
47 376
49 773
50 761
After tax
77 780
78 624
76 227
75 239
Living cost
50 679
50 679
50 679
50 679
Free-cash
27 101
27 945
25 548
24 560

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
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.
₽10764
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
₽79903
₽71663
₽15502
₽49834
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.

-
-
-
126 000
microenterprise
-
-
-
-
income
-
-
-
18 985
surtax
-
-
-
32 130
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.

-
-
-
38 486
total
-
-
-
89 601
Employee
29 351
-
101 538
-
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.

3 229
-
11 168
-
surtax
-
-
-
-
income
5 225
-
19 641
-
total
8 454
-
30 809
-
Employer
29 351
-
101 538
-
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.

7 070
-
24 460
-
surtax
-
-
-
-
total
7 070
-
24 460
-
Corporate
89 579
126 000
-
-
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%.

17 916
25 200
-
-
total
17 916
25 200
-
-
Dividends

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

71 663
100 800
-
-
total
-
-
-
-
Income
126 000
126 000
126 000
126 000
Total tax
33 440
25 200
55 269
89 601
After tax
92 560
100 800
70 731
36 399
Living cost
20 897
20 897
20 897
20 897
Free-cash
71 663
79 903
49 834
15 502

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
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
₽19542
₽13389
₽30402
₽27059
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
-
-
-
126 000
income
-
-
-
29 364
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
53 519
Employee
85 778
85 778
107 333
-
health
13 166
11 199
12 386
-
income

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

14 040
14 040
14 040
-
pensions
15 440
11 769
11 769
-
total
42 646
37 008
38 195
-
Employer
85 778
85 778
107 333
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 421
-
health
5 963
5 963
7 409
-
total
15 021
15 021
18 667
-
Corporate
26 254
25 202
-
-
income
5 252
5 040
-
-
total
5 252
5 040
-
-
Dividends
21 002
20 162
-
-
income
4 462
4 285
-
-
withholding
3 151
3 025
-
-
total
7 613
7 310
-
-
Income
126 000
126 000
126 000
126 000
Total tax
70 532
64 379
56 862
53 519
After tax
55 468
61 621
69 138
72 481
Living cost
42 079
42 079
42 079
42 079
Free-cash
13 389
19 542
27 059
30 402

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
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.
₽7796
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
₽29834
₽28960
₽27977
₽26925
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
-
-
-
126 000
municipal
-
-
-
30 196
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
4 127
total
-
-
-
59 061
Employee
55 518
-
99 170
-
municipal
16 555
-
29 573
-
national
-
-
3 709
-
total
16 555
-
33 282
-
Employer
55 518
-
99 170
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
53 039
126 000
-
-
income
11 669
27 720
-
-
total
11 669
27 720
-
-
Dividends
41 370
98 280
-
-
withholding
12 411
29 484
-
-
total
12 411
29 484
-
-
Income
126 000
126 000
126 000
126 000
Total tax
58 078
57 204
60 113
59 061
After tax
67 922
68 796
65 887
66 939
Living cost
38 962
38 962
38 962
38 962
Free-cash
28 960
29 834
26 925
27 977

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
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
₽23524
₽37637
₽31501
₽44545
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.

-
-
-
126 000
trade
-
-
-
13 044
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.

-
-
-
33 301
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.

-
-
-
6 862
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.

-
-
-
1 832
total
-
-
-
55 039
Employee

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

50 939
-
126 000
-
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.

6 862
-
6 862
-
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.

240
-
1 832
-
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.

4 377
-
33 301
-
total
11 479
-
41 995
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 061
126 000
-
-
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.

620
1 039
-
-
income
11 260
18 900
-
-
trade
12 348
20 728
-
-
chamber of commerce
259
332
-
-
total
24 487
40 999
-
-
Dividends
50 575
85 002
-
-
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.

675
1 148
-
-
withholding
12 262
20 869
-
-
total
12 937
22 017
-
-
Income
126 000
126 000
126 000
126 000
Total tax
48 903
63 016
41 995
55 039
After tax
77 097
62 984
84 005
70 961
Living cost
39 460
39 460
39 460
39 460
Free-cash
37 637
23 524
44 545
31 501

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
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.
₽8319
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
₽59507
₽55339
₽55699
₽54357
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
-
-
-
126 000
income
-
-
-
18 255
health
-
-
-
3 214
social contributions
-
-
-
16 252
total
-
-
-
37 721
Employee
77 239
77 239
115 222
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
1 960
-
income
8 111
7 150
17 680
-
total
12 632
14 873
28 286
-
Employer
77 239
77 239
115 222
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 131
-
total
4 590
7 840
10 777
-
Corporate
76 198
40 921
-
-
income
9 525
5 114
-
-
total
9 525
5 114
-
-
Dividends
66 673
35 807
-
-
withholding
11 334
6 086
-
-
total
11 334
6 086
-
-
Income
126 000
126 000
126 000
126 000
Total tax
38 081
33 913
39 063
37 721
After tax
87 919
92 087
86 937
88 279
Living cost
32 580
32 580
32 580
32 580
Free-cash
55 339
59 507
54 357
55 699

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
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.
₽7217
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
₽52659
₽53039
₽69059
₽54815
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
-
-
-
126 000
income
-
-
-
15 404
pensions
-
-
-
12 600
unemployment
-
-
-
1 890
health
-
-
-
8 820
total
-
-
-
38 714
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.

26 310
10 471
105 439
-
health
1 842
733
7 381
-
income
3 216
1 280
12 890
-
pensions
2 631
1 047
10 544
-
unemployment
395
157
1 582
-
total
8 084
3 217
32 397
-
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.

26 310
10 471
105 439
-
pensions
5 131
2 042
20 561
-
total
5 131
2 042
20 561
-
Corporate
94 559
113 487
-
-
income
8 510
10 214
-
-
total
8 510
10 214
-
-
Dividends
86 049
103 273
-
-
social contributions
16 660
20 019
-
-
withholding
16 349
19 622
-
-
total
33 009
39 641
-
-
Income
126 000
126 000
126 000
126 000
Total tax
54 734
55 114
52 958
38 714
After tax
71 266
70 886
73 042
87 286
Living cost
18 227
18 227
18 227
18 227
Free-cash
53 039
52 659
54 815
69 059

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
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.
₽3933
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
₽76538
₽70297
₽43273
₽48366
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
-
-
-
126 000
income
-
-
-
16 885
pensions
-
-
-
25 200
health
-
-
-
16 380
total
-
-
-
58 465
Employee
28 495
-
94 169
-
income
3 208
-
18 156
-
pensions
570
-
1 883
-
unemployment
456
-
1 506
-
total
4 234
-
21 545
-
Employer
28 495
-
94 169
-
unemployment
229
-
753
-
pensions
5 699
-
18 833
-
health
3 704
-
12 241
-
total
9 632
-
31 827
-
Corporate
87 873
126 000
-
-
income
17 575
25 200
-
-
total
17 575
25 200
-
-
Dividends
70 298
100 800
-
-
total
-
-
-
-
Income
126 000
126 000
126 000
126 000
Total tax
31 441
25 200
53 372
58 465
After tax
94 559
100 800
72 628
67 535
Living cost
24 262
24 262
24 262
24 262
Free-cash
70 297
76 538
48 366
43 273

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽5688
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
-₽11838
₽6824
₽64273
₽44622
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
-
-
-
126 000
accident
-
-
-
253
income
-
-
-
32 705
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
39 683
Employee
34 676
-
110 412
-
health
3 970
-
12 642
-
income
4 757
-
23 459
-
pensions
3 905
-
7 645
-
total
12 632
-
43 746
-
Employer
34 676
-
110 412
-
accident
579
-
1 844
-
unemployment
850
-
2 705
-
pensions
5 639
-
11 039
-
total
7 068
-
15 588
-
Corporate
84 257
126 000
-
-
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.

75 831
113 400
-
-
total
75 831
113 400
-
-
Dividends
8 426
12 600
-
-
withholding
1 601
2 394
-
-
total
1 601
2 394
-
-
Income
126 000
126 000
126 000
126 000
Total tax
97 132
115 794
59 334
39 683
After tax
28 868
10 206
66 666
86 317
Living cost
22 044
22 044
22 044
22 044
Free-cash
6 824
-11 838
44 622
64 273

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
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
₽110600
₽108894
₽115640
₽91700
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%.

-
-
-
126 000
microenterprise

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

-
-
-
1 260
total
-
-
-
1 260
Employee
11 374
-
126 000
-
income
2 275
-
25 200
-
total
2 275
-
25 200
-
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%.

114 626
126 000
-
-
total
-
-
-
-
Dividends
114 626
126 000
-
-
withholding
5 731
6 300
-
-
total
5 731
6 300
-
-
Income
126 000
126 000
126 000
126 000
Total tax
8 006
6 300
25 200
1 260
After tax
117 994
119 700
100 800
124 740
Living cost
9 100
9 100
9 100
9 100
Free-cash
108 894
110 600
91 700
115 640

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
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
₽65808
₽59022
₽40660
₽45873
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
-
-
-
126 000
income
-
-
-
16 807
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.

-
-
-
30 240
other
-
-
-
5 985
health
-
-
-
5 543
total
-
-
-
58 575
Employee
36 471
-
100 638
-
health
511
-
1 409
-
income
6 279
-
18 543
-
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.

2 552
-
7 045
-
unemployment
364
-
1 006
-
total
9 706
-
28 003
-
Employer
36 471
-
100 638
-
accident
292
-
804
-
other
1 824
-
5 032
-
unemployment
364
-
1 006
-
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.

6 201
-
17 108
-
health
511
-
1 409
-
total
9 192
-
25 359
-
Corporate
80 337
126 000
-
-
income
16 872
26 460
-
-
total
16 872
26 460
-
-
Dividends
63 466
99 540
-
-
withholding
4 443
6 967
-
-
total
4 443
6 967
-
-
Income
126 000
126 000
126 000
126 000
Total tax
40 213
33 427
53 362
58 575
After tax
85 787
92 573
72 638
67 425
Living cost
26 765
26 765
26 765
26 765
Free-cash
59 022
65 808
45 873
40 660

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
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.
₽5616
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
₽20854
₽13533
₽20271
₽8586
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
-
-
-
126 000
income
-
-
-
30 624
pensions
-
-
-
8 012
total
-
-
-
38 636
Employee
94 927
-
110 537
-
health
1 564
-
1 799
-
income
17 112
-
22 834
-
pensions
9 158
-
10 225
-
total
27 834
-
34 858
-
Employer
94 927
-
110 537
-
pensions
11 208
-
13 362
-
health
1 803
-
2 101
-
total
13 011
-
15 463
-
Corporate
18 062
126 000
-
-
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.

3 431
23 941
-
-
total
3 431
23 941
-
-
Dividends
14 631
102 059
-
-
withholding
1 098
14 112
-
-
total
1 098
14 112
-
-
Income
126 000
126 000
126 000
126 000
Total tax
45 374
38 053
50 321
38 636
After tax
80 626
87 947
75 679
87 364
Living cost
67 093
67 093
67 093
67 093
Free-cash
13 533
20 854
8 586
20 271

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
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
₽94562
₽89897
₽84566
₽88957
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
-
-
-
126 000
income
-
-
-
18 900
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
28 266
Employee
17 436
-
119 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
11 912
-
pensions

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

1 531
-
3 080
-
total
4 268
-
16 992
-
Employer
17 436
-
119 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
105 143
126 000
-
-
income
10 514
12 600
-
-
total
10 514
12 600
-
-
Dividends
94 629
113 400
-
-
withholding
4 732
5 670
-
-
total
4 732
5 670
-
-
Income
126 000
126 000
126 000
126 000
Total tax
22 935
18 270
23 875
28 266
After tax
103 065
107 730
102 125
97 734
Living cost
13 168
13 168
13 168
13 168
Free-cash
89 897
94 562
88 957
84 566

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
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.
₽4191
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
₽5922
₽8451
₽16782
₽13439
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
-
-
-
126 000
income
-
-
-
29 364
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
53 519
Employee
93 127
85 778
107 333
-
health
11 618
11 199
12 386
-
income

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

14 040
14 040
14 040
-
pensions
11 769
11 769
11 769
-
total
37 427
37 008
38 195
-
Employer
93 127
85 778
107 333
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 421
-
health
6 471
5 963
7 409
-
total
16 305
15 021
18 667
-
Corporate
16 567
25 202
-
-
income
3 313
5 040
-
-
total
3 313
5 040
-
-
Dividends
13 255
20 162
-
-
income
2 817
4 285
-
-
withholding
1 988
3 025
-
-
total
4 805
7 310
-
-
Income
126 000
126 000
126 000
126 000
Total tax
61 850
64 379
56 862
53 519
After tax
64 150
61 621
69 138
72 481
Living cost
55 699
55 699
55 699
55 699
Free-cash
8 451
5 922
13 439
16 782

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
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.
₽8999
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
₽62731
₽54161
₽39243
₽39920
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
-
-
-
126 000
income
-
-
-
11 164
health
-
-
-
17 010
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 563
total
-
-
-
62 737
Employee
35 323
-
94 030
-
social contributions
2 296
-
6 112
-
health
4 769
-
12 694
-
solidarity contribution
-
-
-
-
income
4 239
-
11 284
-
total
11 304
-
30 090
-
Employer
35 323
-
94 030
-
social contributions
8 831
-
23 507
-
health
3 179
-
8 463
-
total
12 010
-
31 970
-
Corporate
78 667
126 000
-
-
income
14 947
23 940
-
-
total
14 947
23 940
-
-
Dividends
63 720
102 060
-
-
withholding
9 558
15 309
-
-
total
9 558
15 309
-
-
Income
126 000
126 000
126 000
126 000
Total tax
47 819
39 249
62 060
62 737
After tax
78 181
86 751
63 940
63 263
Living cost
24 020
24 020
24 020
24 020
Free-cash
54 161
62 731
39 920
39 243

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽5154
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
₽24842
₽19598
₽20473
₽14478
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
-
-
-
126 000
municipal
-
-
-
749
regional
-
-
-
1 435
national
-
-
-
28 551
social contributions
-
-
-
32 407
total
-
-
-
63 142
Employee
89 271
-
126 000
-
social contributions
30 102
-
42 487
-
regional
842
-
1 262
-
municipal
473
-
667
-
national
15 469
-
24 721
-
total
46 886
-
69 137
-
Employer
89 271
-
126 000
-
total
-
-
-
-
Corporate
36 729
126 000
-
-
nationa
8 814
30 240
-
-
municipal
1 432
4 914
-
-
total
10 246
35 154
-
-
Dividends
26 483
90 846
-
-
withholding
6 885
23 619
-
-
total
6 885
23 619
-
-
Income
126 000
126 000
126 000
126 000
Total tax
64 017
58 773
69 137
63 142
After tax
61 983
67 227
56 863
62 858
Living cost
42 385
42 385
42 385
42 385
Free-cash
19 598
24 842
14 478
20 473

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
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.
₽9409
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
₽57090
₽53962
₽38652
₽36574
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
-
-
-
126 000
income
-
-
-
27 125
pensions
-
-
-
25 200
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
8 948
surtax
-
-
-
3 681
total
-
-
-
65 183
Employee
33 217
-
104 089
-
other
-
-
-
-
health
848
-
2 653
-
surtax
109
-
3 353
-
income
5 568
-
25 156
-
pensions
2 215
-
6 942
-
unemployment
2 312
-
7 245
-
total
11 052
-
45 349
-
Employer
33 217
-
104 089
-
other
-
-
-
-
unemployment
1 052
-
3 300
-
pensions
4 428
-
13 875
-
health
1 512
-
4 737
-
total
6 992
-
21 912
-
Corporate
85 791
126 000
-
-
income
22 306
32 759
-
-
total
22 306
32 759
-
-
Dividends
63 485
93 241
-
-
withholding
9 523
13 986
-
-
total
9 523
13 986
-
-
Income
126 000
126 000
126 000
126 000
Total tax
49 873
46 745
67 261
65 183
After tax
76 127
79 255
58 739
60 817
Living cost
22 165
22 165
22 165
22 165
Free-cash
53 962
57 090
36 574
38 652

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽6056
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
₽42111
₽40671
₽41528
₽29843
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
-
-
-
126 000
income
-
-
-
30 624
pensions
-
-
-
8 012
total
-
-
-
38 636
Employee
63 617
-
110 537
-
health
924
-
1 799
-
income
11 458
-
22 834
-
pensions
5 400
-
10 225
-
total
17 782
-
34 858
-
Employer
63 617
-
110 537
-
pensions
6 887
-
13 362
-
health
1 209
-
2 101
-
total
8 096
-
15 463
-
Corporate
54 287
126 000
-
-
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.

10 316
23 941
-
-
total
10 316
23 941
-
-
Dividends
43 972
102 059
-
-
withholding
3 299
14 112
-
-
total
3 299
14 112
-
-
Income
126 000
126 000
126 000
126 000
Total tax
39 493
38 053
50 321
38 636
After tax
86 507
87 947
75 679
87 364
Living cost
45 836
45 836
45 836
45 836
Free-cash
40 671
42 111
29 843
41 528

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
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
-₽18776
₽13912
₽27588
₽21362
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
-
-
-
126 000
city
-
-
-
1 328
pensions
-
-
-
11 592
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.

-
-
-
2 519
regional
-
-
-
5 056
health
-
-
-
283
national
-
-
-
1 240
total
-
-
-
22 018
Employee
89 401
-
112 778
-
city
959
-
1 211
-
regional
2 927
-
4 354
-
health
202
-
253
-
pensions
7 511
-
9 473
-
unemployment
-
-
-
-
national
423
-
971
-
total
12 022
-
16 262
-
Employer
89 401
-
112 778
-
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.

1 787
-
2 256
-
unemployment
-
-
-
-
pensions
7 511
-
9 473
-
health
202
-
253
-
total
9 500
-
11 982
-
Corporate
26 116
126 000
-
-
regional
5 523
26 649
-
-
national
2 219
10 709
-
-
total
7 742
37 358
-
-
Dividends
18 373
88 642
-
-
withholding
6 430
31 024
-
-
total
6 430
31 024
-
-
Income
126 000
126 000
126 000
126 000
Total tax
35 694
68 382
28 244
22 018
After tax
90 306
57 618
97 756
103 982
Living cost
76 394
76 394
76 394
76 394
Free-cash
13 912
-18 776
21 362
27 588

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
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.
₽18922
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
₽16322
₽32612
₽24389
₽37990
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.

-
-
-
126 000
trade
-
-
-
13 601
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.

-
-
-
33 301
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.

-
-
-
6 862
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.

-
-
-
1 832
total
-
-
-
55 596
Employee

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

60 367
-
126 000
-
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.

6 862
-
6 862
-
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.

391
-
1 832
-
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.

7 099
-
33 301
-
total
14 352
-
41 995
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 633
126 000
-
-
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.

541
1 039
-
-
income
9 845
18 900
-
-
trade
11 256
21 608
-
-
chamber of commerce
244
330
-
-
total
21 886
41 877
-
-
Dividends
43 746
84 123
-
-
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.

581
1 136
-
-
withholding
10 554
20 650
-
-
total
11 135
21 786
-
-
Income
126 000
126 000
126 000
126 000
Total tax
47 373
63 663
41 995
55 596
After tax
78 627
62 337
84 005
70 404
Living cost
46 015
46 015
46 015
46 015
Free-cash
32 612
16 322
37 990
24 389

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
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.
₽8130
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
₽29139
₽35074
₽37462
₽40559
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
-
-
-
126 000
income
-
-
-
15 615
pensions
-
-
-
27 322
other
-
-
-
3 906
health
-
-
-
3 738
surtax
-
-
-
-
social contributions
-
-
-
3 591
total
-
-
-
54 172
Employee
42 990
-
100 425
-
social contributions
1 226
-
2 861
-
surtax
-
-
-
-
income
2 537
-
16 886
-
pensions
4 861
-
5 753
-
total
8 624
-
25 500
-
Employer
42 990
-
100 425
-
other
1 483
-
3 465
-
social contributions
130
-
301
-
unemployment
1 740
-
4 068
-
pensions
7 062
-
9 905
-
health
3 010
-
7 836
-
total
13 425
-
25 575
-
Corporate
69 585
126 000
-
-
surtax
-
-
-
-
income
19 483
35 279
-
-
total
19 483
35 279
-
-
Dividends
50 102
90 721
-
-
surtax
-
-
-
-
social contributions
8 616
15 604
-
-
withholding
6 412
11 612
-
-
total
15 028
27 216
-
-
Income
126 000
126 000
126 000
126 000
Total tax
56 560
62 495
51 075
54 172
After tax
69 440
63 505
74 925
71 828
Living cost
34 366
34 366
34 366
34 366
Free-cash
35 074
29 139
40 559
37 462

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
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.
₽9319
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
₽32544
₽38122
₽40867
₽43964
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
-
-
-
126 000
income
-
-
-
15 615
pensions
-
-
-
27 322
other
-
-
-
3 906
health
-
-
-
3 738
surtax
-
-
-
-
social contributions
-
-
-
3 591
total
-
-
-
54 172
Employee
38 374
-
100 425
-
social contributions
1 094
-
2 861
-
surtax
-
-
-
-
income
1 979
-
16 886
-
pensions
4 340
-
5 753
-
total
7 413
-
25 500
-
Employer
38 374
-
100 425
-
other
1 325
-
3 465
-
social contributions
114
-
301
-
unemployment
1 554
-
4 068
-
pensions
6 306
-
9 905
-
health
2 686
-
7 836
-
total
11 985
-
25 575
-
Corporate
75 641
126 000
-
-
surtax
-
-
-
-
income
21 179
35 279
-
-
total
21 179
35 279
-
-
Dividends
54 462
90 721
-
-
surtax
-
-
-
-
social contributions
9 369
15 604
-
-
withholding
6 971
11 612
-
-
total
16 340
27 216
-
-
Income
126 000
126 000
126 000
126 000
Total tax
56 917
62 495
51 075
54 172
After tax
69 083
63 505
74 925
71 828
Living cost
30 961
30 961
30 961
30 961
Free-cash
38 122
32 544
43 964
40 867

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
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.
₽9274
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
₽55572
₽56094
₽59618
₽58516
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
-
-
-
126 000
income
-
-
-
18 900
health
-
-
-
8 795
social contributions
-
-
-
17 388
total
-
-
-
45 083
Employee
34 058
-
126 000
-
social contributions
4 701
-
17 388
-
health
2 377
-
8 795
-
income
5 680
-
20 001
-
total
12 758
-
46 184
-
Employer
34 058
-
126 000
-
total
-
-
-
-
Corporate
91 942
126 000
-
-
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%.

4 598
6 300
-
-
total
4 598
6 300
-
-
Dividends
87 345
119 700
-
-
health
6 096
8 355
-
-
social contributions
12 053
16 519
-
-
withholding
13 101
17 954
-
-
total
31 250
42 828
-
-
Income
126 000
126 000
126 000
126 000
Total tax
48 606
49 128
46 184
45 083
After tax
77 394
76 872
79 816
80 917
Living cost
21 300
21 300
21 300
21 300
Free-cash
56 094
55 572
58 516
59 618

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
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
₽34809
₽33255
₽27623
-₽458
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
-
-
-
126 000
chamber of commerce
-
-
-
503
income
-
-
-
25 436
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
62 983
Employee
50 199
40 030
97 688
-
other
501
400
976
-
health
1 942
1 550
3 780
-
income
5 715
2 953
21 591
-
pensions
5 141
4 098
10 004
-
unemployment
1 506
1 201
2 930
-
total
14 805
10 202
39 281
-
Employer
50 199
40 030
97 688
-
accident
652
520
1 270
-
other
2 385
1 900
4 642
-
chamber of commerce
200
160
391
-
unemployment
1 506
1 201
2 930
-
surtax
198
198
198
-
pensions
6 300
5 025
12 261
-
payroll
1 506
1 201
2 930
-
health
1 897
1 514
3 692
-
total
14 644
11 719
28 314
-
Corporate
61 158
74 251
93 875
-
income

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

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

15 289
18 562
23 469
-
total
15 289
18 562
23 469
-
Dividends
45 868
55 689
-
-
withholding
12 613
15 314
-
-
total
12 613
15 314
-
-
Income
126 000
126 000
126 000
126 000
Total tax
57 351
55 797
91 064
62 983
After tax
68 649
70 203
34 936
63 017
Living cost
35 394
35 394
35 394
35 394
Free-cash
33 255
34 809
-458
27 623

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
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.
₽8187
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
₽33950
₽18882
₽19873
₽10583
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
-
-
-
126 000
national
-
-
-
43 100
communal

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

-
-
-
6 357
social contributions
-
-
-
20 046
total
-
-
-
69 503
Employee

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

71 850
-
97 590
-
communal

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

3 748
-
5 089
-
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.

3 376
-
4 586
-
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.

5 389
-
7 320
-
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.

625
-
848
-
national
22 090
-
32 542
-
total
35 228
-
50 385
-
Employer

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

71 850
-
97 590
-
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.

934
-
1 270
-
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.

1 048
-
1 424
-
surtax
8 147
-
11 067
-
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.

6 367
-
8 646
-
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.

4 419
-
6 001
-
total
20 915
-
28 408
-
Corporate
33 235
126 000
-
-
surtax
133
503
-
-
income
6 647
25 200
-
-
total
6 780
25 703
-
-
Dividends
26 455
100 297
-
-
withholding

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

7 571
29 723
-
-
total
7 571
29 723
-
-
Income
126 000
126 000
126 000
126 000
Total tax
70 494
55 426
78 793
69 503
After tax
55 506
70 574
47 207
56 497
Living cost
36 624
36 624
36 624
36 624
Free-cash
18 882
33 950
10 583
19 873

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
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.
₽9258
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
₽48325
₽40559
₽33701
₽28875
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
-
-
-
126 000
accident
-
-
-
839
income
-
-
-
28 092
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
56 023
Employee
50 000
-
96 319
-
other
50
-
93
-
income
10 550
-
25 256
-
pensions
2 350
-
4 377
-
unemployment
776
-
1 443
-
total
13 726
-
31 169
-
Employer
50 000
-
96 319
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
60 062
126 000
-
-
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.

9 009
18 900
-
-
total
9 009
18 900
-
-
Dividends
51 054
107 100
-
-
withholding
10 493
22 499
-
-
total
10 493
22 499
-
-
Income
126 000
126 000
126 000
126 000
Total tax
49 165
41 399
60 849
56 023
After tax
76 835
84 601
65 151
69 977
Living cost
36 276
36 276
36 276
36 276
Free-cash
40 559
48 325
28 875
33 701

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽6466
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
₽21450
₽11721
₽13411
₽18434
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
-
-
-
126 000
accident
-
-
-
1 062
income
-
-
-
14 989
pensions
-
-
-
18 886
health
-
-
-
8 854
surtax
-
-
-
6 247
communal
-
-
-
7 964
total
-
-
-
58 002
Employee
76 068
-
112 550
-
health
3 385
-
5 009
-
surtax
4 662
-
6 898
-
income
7 347
-
18 617
-
pensions
6 085
-
9 005
-
total
21 479
-
39 529
-
Employer
76 068
-
112 550
-
accident
684
-
1 012
-
pensions
6 085
-
9 005
-
health
2 320
-
3 433
-
total
9 089
-
13 450
-
Corporate
40 844
126 000
-
-
surtax
429
1 323
-
-
communal
2 756
8 505
-
-
income
6 126
18 900
-
-
total
9 311
28 728
-
-
Dividends
31 532
97 272
-
-
income
15 084
6 643
-
-
withholding
4 729
14 592
-
-
total
19 813
21 235
-
-
Income
126 000
126 000
126 000
126 000
Total tax
59 692
49 963
52 979
58 002
After tax
66 308
76 037
73 021
67 998
Living cost
54 587
54 587
54 587
54 587
Free-cash
11 721
21 450
18 434
13 411

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
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.
₽9752
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
₽56693
₽53497
₽38255
₽36177
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
-
-
-
126 000
income
-
-
-
27 125
pensions
-
-
-
25 200
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
8 948
surtax
-
-
-
3 681
total
-
-
-
65 183
Employee
33 827
-
104 089
-
other
-
-
-
-
health
863
-
2 653
-
surtax
120
-
3 353
-
income
5 671
-
25 156
-
pensions
2 257
-
6 942
-
unemployment
2 354
-
7 245
-
total
11 265
-
45 349
-
Employer
33 827
-
104 089
-
other
-
-
-
-
unemployment
1 073
-
3 300
-
pensions
4 510
-
13 875
-
health
1 538
-
4 737
-
total
7 121
-
21 912
-
Corporate
85 052
126 000
-
-
income
22 114
32 759
-
-
total
22 114
32 759
-
-
Dividends
62 938
93 241
-
-
withholding
9 441
13 986
-
-
total
9 441
13 986
-
-
Income
126 000
126 000
126 000
126 000
Total tax
49 941
46 745
67 261
65 183
After tax
76 059
79 255
58 739
60 817
Living cost
22 562
22 562
22 562
22 562
Free-cash
53 497
56 693
36 177
38 255

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽6456
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
₽39169
₽36942
₽35336
₽29372
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
-
-
-
126 000
municipal
-
-
-
749
regional
-
-
-
1 899
national
-
-
-
28 551
social contributions
-
-
-
32 407
total
-
-
-
63 606
Employee
55 719
-
126 000
-
social contributions
18 789
-
42 487
-
regional
750
-
1 695
-
municipal
295
-
667
-
national
8 827
-
24 721
-
total
28 661
-
69 570
-
Employer
55 719
-
126 000
-
total
-
-
-
-
Corporate
70 281
126 000
-
-
nationa
16 868
30 240
-
-
municipal
3 492
6 262
-
-
total
20 360
36 502
-
-
Dividends
49 921
89 499
-
-
withholding
12 979
23 271
-
-
total
12 979
23 271
-
-
Income
126 000
126 000
126 000
126 000
Total tax
62 000
59 773
69 570
63 606
After tax
64 000
66 227
56 430
62 394
Living cost
27 058
27 058
27 058
27 058
Free-cash
36 942
39 169
29 372
35 336

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
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
₽57152
₽46594
₽33664
₽34341
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
-
-
-
126 000
income
-
-
-
11 164
health
-
-
-
17 010
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 563
total
-
-
-
62 737
Employee
43 527
-
94 030
-
social contributions
2 829
-
6 112
-
health
5 876
-
12 694
-
solidarity contribution
-
-
-
-
income
5 223
-
11 284
-
total
13 928
-
30 090
-
Employer
43 527
-
94 030
-
social contributions
10 882
-
23 507
-
health
3 917
-
8 463
-
total
14 799
-
31 970
-
Corporate
67 673
126 000
-
-
income
12 858
23 940
-
-
total
12 858
23 940
-
-
Dividends
54 815
102 060
-
-
withholding
8 222
15 309
-
-
total
8 222
15 309
-
-
Income
126 000
126 000
126 000
126 000
Total tax
49 807
39 249
62 060
62 737
After tax
76 193
86 751
63 940
63 263
Living cost
29 599
29 599
29 599
29 599
Free-cash
46 594
57 152
34 341
33 664

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
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.
₽5435
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
₽38263
₽37770
₽31169
₽2926
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
-
-
-
126 000
chamber of commerce
-
-
-
503
income
-
-
-
25 436
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
62 785
Employee
43 908
40 030
97 842
-
other
438
400
978
-
health
1 698
1 550
3 786
-
income
3 911
2 953
21 643
-
pensions
4 497
4 098
10 019
-
unemployment
1 317
1 201
2 936
-
total
11 861
10 202
39 362
-
Employer
43 908
40 030
97 842
-
accident
570
520
1 271
-
other
2 085
1 900
4 647
-
chamber of commerce
175
160
391
-
unemployment
1 317
1 201
2 936
-
surtax
-
-
-
-
pensions
5 511
5 025
12 280
-
payroll
1 317
1 201
2 936
-
health
1 660
1 514
3 698
-
total
12 635
11 521
28 159
-
Corporate
69 456
74 449
94 030
-
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.

17 363
18 612
23 507
-
total
17 363
18 612
23 507
-
Dividends
52 092
55 838
-
-
withholding
14 325
15 356
-
-
total
14 325
15 356
-
-
Income
126 000
126 000
126 000
126 000
Total tax
56 184
55 691
91 028
62 785
After tax
69 816
70 309
34 972
63 215
Living cost
32 046
32 046
32 046
32 046
Free-cash
37 770
38 263
2 926
31 169

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
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.
₽8978
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
₽105520
₽102861
₽110560
₽86620
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%.

-
-
-
126 000
microenterprise

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

-
-
-
1 260
total
-
-
-
1 260
Employee
17 726
-
126 000
-
income
3 545
-
25 200
-
total
3 545
-
25 200
-
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%.

108 274
126 000
-
-
total
-
-
-
-
Dividends
108 274
126 000
-
-
withholding
5 414
6 300
-
-
total
5 414
6 300
-
-
Income
126 000
126 000
126 000
126 000
Total tax
8 959
6 300
25 200
1 260
After tax
117 041
119 700
100 800
124 740
Living cost
14 180
14 180
14 180
14 180
Free-cash
102 861
105 520
86 620
110 560

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽3513
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
₽59810
₽51408
₽37127
₽33517
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.

-
-
-
126 000
income
-
-
-
26 333
pensions
-
-
-
23 011
unemployment
-
-
-
189
health
-
-
-
12 398
total
-
-
-
61 931
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.

44 418
-
109 026
-
health
2 869
-
7 043
-
income
7 660
-
24 473
-
pensions
6 885
-
16 898
-
unemployment
63
-
152
-
total
17 477
-
48 566
-
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.

44 418
-
109 026
-
unemployment
27
-
65
-
pensions
3 931
-
9 649
-
health
2 958
-
7 261
-
total
6 916
-
16 975
-
Corporate
74 666
126 000
-
-
income
14 186
23 940
-
-
total
14 186
23 940
-
-
Dividends
60 481
102 060
-
-
withholding
9 071
15 308
-
-
total
9 071
15 308
-
-
Income
126 000
126 000
126 000
126 000
Total tax
47 650
39 248
65 541
61 931
After tax
78 350
86 752
60 459
64 069
Living cost
26 942
26 942
26 942
26 942
Free-cash
51 408
59 810
33 517
37 127

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽6205
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
₽33096
-₽24534
₽43514
₽69156
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
-
-
-
126 000
income
-
-
-
24 560
social contributions
-
-
-
14 364
total
-
-
-
38 924
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
-
126 000
-
-
income
-
27 720
-
-
total
-
27 720
-
-
Dividends
-
98 280
-
-
income
-
21 622
-
-
total
-
21 622
-
-
Income
126 000
126 000
126 000
126 000
Total tax
106 972
49 342
13 282
38 924
After tax
19 028
76 658
112 718
87 076
Living cost
43 562
43 562
43 562
43 562
Free-cash
-24 534
33 096
69 156
43 514

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10645
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
₽40161
₽39150
₽37678
₽29687
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.

-
-
-
126 000
income
-
-
-
13 030
surtax
-
-
-
-
social contributions

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

-
-
-
43 785
total
-
-
-
56 815
Employee
46 198
-
101 818
-
social contributions
5 082
-
11 201
-
surtax
-
-
-
-
income
9 609
-
29 423
-
total
14 691
-
40 624
-
Employer
46 198
-
101 818
-
social contributions
10 972
-
24 182
-
total
10 972
-
24 182
-
Corporate
68 830
126 000
-
-
surtax
-
-
-
-
income
14 455
26 460
-
-
total
14 455
26 460
-
-
Dividends
54 376
99 540
-
-
withholding
15 225
27 872
-
-
total
15 225
27 872
-
-
Income
126 000
126 000
126 000
126 000
Total tax
55 343
54 332
64 806
56 815
After tax
70 657
71 668
61 194
69 185
Living cost
31 507
31 507
31 507
31 507
Free-cash
39 150
40 161
29 687
37 678

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
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
₽14990
₽21892
₽23313
₽26410
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
-
-
-
126 000
income
-
-
-
15 615
pensions
-
-
-
27 322
other
-
-
-
3 906
health
-
-
-
3 738
surtax
-
-
-
-
social contributions
-
-
-
3 591
total
-
-
-
54 172
Employee
62 912
-
100 425
-
social contributions
1 792
-
2 861
-
surtax
-
-
-
-
income
5 489
-
16 886
-
pensions
7 116
-
5 753
-
total
14 397
-
25 500
-
Employer
62 912
-
100 425
-
other
2 171
-
3 465
-
social contributions
189
-
301
-
unemployment
2 549
-
4 068
-
pensions
10 337
-
9 905
-
health
4 403
-
7 836
-
total
19 649
-
25 575
-
Corporate
43 439
126 000
-
-
surtax
-
-
-
-
income
12 163
35 279
-
-
total
12 163
35 279
-
-
Dividends
31 276
90 721
-
-
surtax
-
-
-
-
social contributions
5 381
15 604
-
-
withholding
4 003
11 612
-
-
total
9 384
27 216
-
-
Income
126 000
126 000
126 000
126 000
Total tax
55 593
62 495
51 075
54 172
After tax
70 407
63 505
74 925
71 828
Living cost
48 515
48 515
48 515
48 515
Free-cash
21 892
14 990
26 410
23 313

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
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.
₽11046
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
₽83206
₽79832
₽64358
₽67705
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
-
-
-
126 000
income
-
-
-
3 728
social contributions
-
-
-
27 720
total
-
-
-
31 448
Employee
32 293
-
109 090
-
income
-
-
4 100
-
social contributions
2 099
-
7 091
-
total
2 099
-
11 191
-
Employer
32 293
-
109 090
-
social contributions
5 006
-
16 910
-
total
5 006
-
16 910
-
Corporate
88 702
126 000
-
-
income
8 869
12 600
-
-
total
8 869
12 600
-
-
Dividends
79 832
113 400
-
-
total
-
-
-
-
Income
126 000
126 000
126 000
126 000
Total tax
15 974
12 600
28 101
31 448
After tax
110 026
113 400
97 899
94 552
Living cost
30 194
30 194
30 194
30 194
Free-cash
79 832
83 206
67 705
64 358

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
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.
₽7827
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
-₽92845
-₽92845
₽28258
-₽92845
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
-
-
-
126 000
municipal
-
-
-
24 734
pensions
-
-
-
871
national
-
-
-
13 753
labour market
-
-
-
10 010
total
-
-
-
49 368
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
126 000
126 000
126 000
126 000
Total tax
170 471
170 471
170 471
49 368
After tax
-44 471
-44 471
-44 471
76 632
Living cost
48 374
48 374
48 374
48 374
Free-cash
-92 845
-92 845
-92 845
28 258

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
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.
₽10243
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
-₽11513
₽6875
₽64598
₽44947
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
-
-
-
126 000
accident
-
-
-
253
income
-
-
-
32 705
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
39 683
Employee
34 165
-
110 412
-
health
3 912
-
12 642
-
income
4 687
-
23 459
-
pensions
3 847
-
7 645
-
total
12 446
-
43 746
-
Employer
34 165
-
110 412
-
accident
570
-
1 844
-
unemployment
837
-
2 705
-
pensions
5 555
-
11 039
-
total
6 962
-
15 588
-
Corporate
84 872
126 000
-
-
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.

76 385
113 400
-
-
total
76 385
113 400
-
-
Dividends
8 487
12 600
-
-
withholding
1 613
2 394
-
-
total
1 613
2 394
-
-
Income
126 000
126 000
126 000
126 000
Total tax
97 406
115 794
59 334
39 683
After tax
28 594
10 206
66 666
86 317
Living cost
21 719
21 719
21 719
21 719
Free-cash
6 875
-11 513
44 947
64 598

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
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
₽43262
₽43461
₽48048
₽30771
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

-
-
-
126 000
municipal
-
-
-
22 407
health
-
-
-
1 521
national
-
-
-
15 460
total
-
-
-
39 388
Employee
52 847
-
105 999
-
health
395
-
1 212
-
municipal
8 656
-
17 287
-
pensions
3 566
-
7 156
-
unemployment
793
-
1 590
-
national
873
-
9 418
-
total
14 283
-
36 663
-
Employer
52 847
-
105 999
-
accident
53
-
107
-
unemployment
343
-
688
-
pensions
9 169
-
18 391
-
health
406
-
816
-
total
9 971
-
20 002
-
Corporate
63 182
126 000
-
-
income
12 636
25 200
-
-
total
12 636
25 200
-
-
Dividends

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

37 909
75 600
-
-
national
261
5 366
-
-
municipal
6 824
13 608
-
-
total
7 085
18 974
-
-
Income
126 000
126 000
126 000
126 000
Total tax
43 975
44 174
56 665
39 388
After tax
82 025
81 826
69 335
86 612
Living cost
38 564
38 564
38 564
38 564
Free-cash
43 461
43 262
30 771
48 048

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
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.
₽9052
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
₽68831
₽63363
₽65023
₽63681
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
-
-
-
126 000
income
-
-
-
18 255
health
-
-
-
3 214
social contributions
-
-
-
16 252
total
-
-
-
37 721
Employee
77 239
77 239
115 222
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
1 960
-
income
8 410
7 150
17 680
-
total
11 929
14 873
28 286
-
Employer
77 239
77 239
115 222
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 131
-
total
3 570
7 840
10 777
-
Corporate
87 245
40 921
-
-
income
10 905
5 114
-
-
total
10 905
5 114
-
-
Dividends
76 339
35 807
-
-
withholding
12 977
6 086
-
-
total
12 977
6 086
-
-
Income
126 000
126 000
126 000
126 000
Total tax
39 381
33 913
39 063
37 721
After tax
86 619
92 087
86 937
88 279
Living cost
23 256
23 256
23 256
23 256
Free-cash
63 363
68 831
63 681
65 023

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
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
₽88392
₽83283
₽87599
₽67453
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
-
-
-
126 000
income
-
-
-
12 400
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
22 453
Employee

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

23 056
-
116 183
-
health
1 960
-
8 101
-
income
1 576
-
9 908
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 108
-
32 782
-
Employer

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

23 056
-
116 183
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
100 571
126 000
-
-
income
9 051
11 340
-
-
total
9 051
11 340
-
-
Dividends
91 520
114 660
-
-
withholding
8 237
10 320
-
-
total
8 237
10 320
-
-
Income
126 000
126 000
126 000
126 000
Total tax
26 769
21 660
42 599
22 453
After tax
99 231
104 340
83 401
103 547
Living cost
15 948
15 948
15 948
15 948
Free-cash
83 283
88 392
67 453
87 599

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
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
₽56979
₽51946
₽42355
₽37529
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
-
-
-
126 000
accident
-
-
-
839
income
-
-
-
28 092
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
56 023
Employee
37 141
-
96 319
-
other
36
-
93
-
income
7 161
-
25 256
-
pensions
1 746
-
4 377
-
unemployment
576
-
1 443
-
total
9 519
-
31 169
-
Employer
37 141
-
96 319
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 765
-
21 972
-
total
11 841
-
29 680
-
Corporate
77 018
126 000
-
-
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.

11 553
18 900
-
-
total
11 553
18 900
-
-
Dividends
65 464
107 100
-
-
withholding
13 519
22 499
-
-
total
13 519
22 499
-
-
Income
126 000
126 000
126 000
126 000
Total tax
46 432
41 399
60 849
56 023
After tax
79 568
84 601
65 151
69 977
Living cost
27 622
27 622
27 622
27 622
Free-cash
51 946
56 979
37 529
42 355

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
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
₽75874
₽75423
₽77535
₽77339
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
-
-
-
126 000
income
-
-
-
42 254
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
45 715
Employee
4 189
-
123 743
-
health
209
-
502
-
income
810
-
42 149
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
43 654
-
Employer
4 189
-
123 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
120 868
126 000
-
-
income
26 591
27 720
-
-
total
26 591
27 720
-
-
Dividends
94 277
98 280
-
-
withholding
18 855
19 656
-
-
total
18 855
19 656
-
-
Income
126 000
126 000
126 000
126 000
Total tax
47 827
47 376
45 911
45 715
After tax
78 173
78 624
80 089
80 285
Living cost
2 750
2 750
2 750
2 750
Free-cash
75 423
75 874
77 339
77 535

Estimated living cost  is ₽2750 per week

₽1635
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.
₽830
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
₽73665
₽68724
₽53269
₽53267
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.

-
-
-
126 000
income
-
-
-
27 304
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
55 361
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.

26 193
-
112 713
-
health
1 349
-
3 823
-
income
3 610
-
27 304
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
42 076
-
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.

26 193
-
112 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
95 119
126 000
-
-
income
14 268
18 900
-
-
total
14 268
18 900
-
-
Dividends
80 851
107 100
-
-
withholding
12 128
16 065
-
-
total
12 128
16 065
-
-
Income
126 000
126 000
126 000
126 000
Total tax
39 906
34 965
55 363
55 361
After tax
86 094
91 035
70 637
70 639
Living cost
17 370
17 370
17 370
17 370
Free-cash
68 724
73 665
53 267
53 269

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
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
₽44588
₽44228
₽42105
₽34114
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.

-
-
-
126 000
income
-
-
-
13 030
surtax
-
-
-
-
social contributions

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

-
-
-
43 785
total
-
-
-
56 815
Employee
38 986
-
101 818
-
social contributions
4 289
-
11 201
-
surtax
-
-
-
-
income
7 618
-
29 423
-
total
11 907
-
40 624
-
Employer
38 986
-
101 818
-
social contributions
9 258
-
24 182
-
total
9 258
-
24 182
-
Corporate
77 756
126 000
-
-
surtax
-
-
-
-
income
16 328
26 460
-
-
total
16 328
26 460
-
-
Dividends
61 428
99 540
-
-
withholding
17 199
27 872
-
-
total
17 199
27 872
-
-
Income
126 000
126 000
126 000
126 000
Total tax
54 692
54 332
64 806
56 815
After tax
71 308
71 668
61 194
69 185
Living cost
27 080
27 080
27 080
27 080
Free-cash
44 228
44 588
34 114
42 105

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽5539
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
₽49299
₽41874
₽34675
₽29849
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
-
-
-
126 000
accident
-
-
-
839
income
-
-
-
28 092
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
56 023
Employee
48 511
-
96 319
-
other
48
-
93
-
income
10 132
-
25 256
-
pensions
2 280
-
4 377
-
unemployment
751
-
1 443
-
total
13 211
-
31 169
-
Employer
48 511
-
96 319
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
62 022
126 000
-
-
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.

9 304
18 900
-
-
total
9 304
18 900
-
-
Dividends
52 718
107 100
-
-
withholding
10 842
22 499
-
-
total
10 842
22 499
-
-
Income
126 000
126 000
126 000
126 000
Total tax
48 824
41 399
60 849
56 023
After tax
77 176
84 601
65 151
69 977
Living cost
35 302
35 302
35 302
35 302
Free-cash
41 874
49 299
29 849
34 675

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
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
₽90454
₽84335
₽80458
₽84849
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
-
-
-
126 000
income
-
-
-
18 900
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
28 266
Employee
22 876
-
119 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
11 912
-
pensions

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

2 008
-
3 080
-
total
5 599
-
16 992
-
Employer
22 876
-
119 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
98 635
126 000
-
-
income
9 863
12 600
-
-
total
9 863
12 600
-
-
Dividends
88 772
113 400
-
-
withholding
4 439
5 670
-
-
total
4 439
5 670
-
-
Income
126 000
126 000
126 000
126 000
Total tax
24 389
18 270
23 875
28 266
After tax
101 611
107 730
102 125
97 734
Living cost
17 276
17 276
17 276
17 276
Free-cash
84 335
90 454
84 849
80 458

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
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
₽26150
₽39291
₽33845
₽45225
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.

-
-
-
126 000
trade
-
-
-
11 380
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.

-
-
-
33 301
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.

-
-
-
6 862
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.

-
-
-
1 832
total
-
-
-
53 375
Employee

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

49 979
-
126 000
-
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.

6 862
-
6 862
-
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.

227
-
1 832
-
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.

4 110
-
33 301
-
total
11 199
-
41 995
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 021
126 000
-
-
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.

627
1 039
-
-
income
11 403
18 900
-
-
trade
10 909
18 080
-
-
chamber of commerce
263
337
-
-
total
23 202
38 356
-
-
Dividends
52 819
87 644
-
-
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.

705
1 184
-
-
withholding
12 823
21 530
-
-
total
13 528
22 714
-
-
Income
126 000
126 000
126 000
126 000
Total tax
47 929
61 070
41 995
53 375
After tax
78 071
64 930
84 005
72 625
Living cost
38 780
38 780
38 780
38 780
Free-cash
39 291
26 150
45 225
33 845

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
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.
₽7293
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
₽30979
₽33200
₽23240
₽23240
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
-
-
-
126 000
income
-
-
-
33 796
social contributions
-
-
-
11 745
total
-
-
-
45 541
Employee
78 572
-
126 000
-
income
14 826
-
33 796
-
social contributions
6 528
-
11 745
-
total
21 354
-
45 541
-
Employer
78 572
-
126 000
-
total
-
-
-
-
Corporate
47 428
126 000
-
-
income
5 928
15 751
-
-
total
5 928
15 751
-
-
Dividends
41 500
110 249
-
-
withholding
8 299
22 051
-
-
total
8 299
22 051
-
-
Income
126 000
126 000
126 000
126 000
Total tax
35 581
37 802
45 541
45 541
After tax
90 419
88 198
80 459
80 459
Living cost
57 219
57 219
57 219
57 219
Free-cash
33 200
30 979
23 240
23 240

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
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.
₽8479
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
₽40131
₽43639
₽54213
₽56231
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.

-
-
-
126 000
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
121 379
-
income
5 000
-
24 064
-
social contributions
4 617
-
4 621
-
total
9 617
-
28 685
-
Employer
46 079
-
121 379
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
75 304
126 000
-
-
income
26 357
44 099
-
-
total
26 357
44 099
-
-
Dividends
48 947
81 901
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
126 000
126 000
126 000
126 000
Total tax
45 898
49 406
33 306
35 324
After tax
80 102
76 594
92 694
90 676
Living cost
36 463
36 463
36 463
36 463
Free-cash
43 639
40 131
56 231
54 213

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
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.
₽9010
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
₽50684
₽51482
₽50101
₽38416
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
-
-
-
126 000
income
-
-
-
30 624
pensions
-
-
-
8 012
total
-
-
-
38 636
Employee
51 149
-
110 537
-
health
667
-
1 799
-
income
9 315
-
22 834
-
pensions
3 904
-
10 225
-
total
13 886
-
34 858
-
Employer
51 149
-
110 537
-
pensions
5 168
-
13 362
-
health
972
-
2 101
-
total
6 140
-
15 463
-
Corporate
68 711
126 000
-
-
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.

13 055
23 941
-
-
total
13 055
23 941
-
-
Dividends
55 656
102 059
-
-
withholding
4 174
14 112
-
-
total
4 174
14 112
-
-
Income
126 000
126 000
126 000
126 000
Total tax
37 255
38 053
50 321
38 636
After tax
88 745
87 947
75 679
87 364
Living cost
37 263
37 263
37 263
37 263
Free-cash
51 482
50 684
38 416
50 101

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
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.
₽7806
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

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Warsaw , Poland
-₽13663
₽6545
₽62448
₽42797
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
-
-
-
126 000
accident
-
-
-
253
income
-
-
-
32 705
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
39 683
Employee
37 547
-
110 412
-
health
4 299
-
12 642
-
income
5 151
-
23 459
-
pensions
4 228
-
7 645
-
total
13 678
-
43 746
-
Employer
37 547
-
110 412
-
accident
627
-
1 844
-
unemployment
920
-
2 705
-
pensions
6 105
-
11 039
-
total
7 652
-
15 588
-
Corporate
80 802
126 000
-
-
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.

72 721
113 400
-
-
total
72 721
113 400
-
-
Dividends
8 080
12 600
-
-
withholding
1 535
2 394
-
-
total
1 535
2 394
-
-
Income
126 000
126 000
126 000
126 000
Total tax
95 586
115 794
59 334
39 683
After tax
30 414
10 206
66 666
86 317
Living cost
23 869
23 869
23 869
23 869
Free-cash
6 545
-13 663
42 797
62 448

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
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
₽92463
₽87763
₽57780
₽70344
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.

-
-
-
126 000
work injury
-
-
-
630
health insurance
-
-
-
9 324
income
-
-
-
20 004
pensions
-
-
-
23 184
unemployment
-
-
-
1 512
total
-
-
-
54 654
Employee

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

21 706
-
126 000
-
work injury
109
-
402
-
income
2 171
-
20 004
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
42 090
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 294
126 000
-
-
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%.

1 043
1 260
-
-
total
1 043
1 260
-
-
Dividends
103 251
124 740
-
-
withholding
15 488
18 711
-
-
total
15 488
18 711
-
-
Income
126 000
126 000
126 000
126 000
Total tax
24 671
19 971
42 090
54 654
After tax
101 329
106 029
83 910
71 346
Living cost
13 566
13 566
13 566
13 566
Free-cash
87 763
92 463
70 344
57 780

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
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.
₽3753
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
₽26353
₽21784
₽21432
₽15670
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
-
-
-
126 000
municipal
-
-
-
843
regional
-
-
-
2 751
national
-
-
-
28 551
social contributions
-
-
-
32 407
total
-
-
-
64 552
Employee
84 643
-
126 000
-
social contributions
28 541
-
42 487
-
regional
1 278
-
2 355
-
municipal
505
-
751
-
national
14 304
-
24 721
-
total
44 628
-
70 314
-
Employer
84 643
-
126 000
-
total
-
-
-
-
Corporate
41 357
126 000
-
-
nationa
9 925
30 240
-
-
municipal
1 994
6 073
-
-
total
11 919
36 313
-
-
Dividends
29 438
89 687
-
-
withholding
7 653
23 318
-
-
total
7 653
23 318
-
-
Income
126 000
126 000
126 000
126 000
Total tax
64 200
59 631
70 314
64 552
After tax
61 800
66 369
55 686
61 448
Living cost
40 016
40 016
40 016
40 016
Free-cash
21 784
26 353
15 670
21 432

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
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.
₽8549
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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