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
₽ 127000
per

Your estimated
City
free-cash

Dresden , Germany
₽41533
₽54214
₽44909
₽33849
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.

-
-
-
127 000
trade
-
-
-
12 681
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.

-
-
-
6 831
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.

-
-
-
33 809
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.

-
-
-
1 860
total
-
-
-
55 181
Employee

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

38 244
-
127 000
-
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.

59
-
1 860
-
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.

1 068
-
33 809
-
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.

6 831
-
6 831
-
total
7 958
-
42 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 756
127 000
-
-
trade
13 979
20 003
-
-
surtax

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

732
1 047
-
-
income
13 313
19 051
-
-
chamber of commerce
279
334
-
-
total
28 303
40 435
-
-
Dividends
60 453
86 565
-
-
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.

810
1 169
-
-
withholding
14 734
21 261
-
-
total
15 544
22 430
-
-
Income
127 000
127 000
127 000
127 000
Total tax
51 805
62 865
42 500
55 181
After tax
75 195
64 135
84 500
71 819
Living cost
30 286
30 286
30 286
30 286
Free-cash
44 909
33 849
54 214
41 533

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
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
₽25353
₽26349
₽27966
₽28806
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
-
-
-
127 000
social contributions
-
-
-
1 365
municipal
-
-
-
13 571
national
-
-
-
21 029
pensions
-
-
-
15 240
total
-
-
-
51 205
Employee
78 195
-
109 790
-
pensions
3 128
-
4 392
-
national
14 966
-
21 791
-
municipal
9 658
-
14 063
-
total
27 752
-
40 246
-
Employer
78 195
-
109 790
-
pensions
6 256
-
8 783
-
social contributions
841
-
1 180
-
total
7 097
-
9 963
-
Corporate
36 548
127 000
-
-
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%.

7 310
25 400
-
-
total
7 310
25 400
-
-
Dividends
29 239
101 600
-
-
withholding
6 433
22 352
-
-
total
6 433
22 352
-
-
Income
127 000
127 000
127 000
127 000
Total tax
48 592
47 752
50 209
51 205
After tax
78 408
79 248
76 791
75 795
Living cost
50 442
50 442
50 442
50 442
Free-cash
27 966
28 806
26 349
25 353

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
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.
₽10713
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
₽16243
₽50475
₽72596
₽80798
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.

-
-
-
127 000
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.

-
-
-
38 310
income
-
-
-
19 261
microenterprise
-
-
-
-
surtax
-
-
-
32 384
total
-
-
-
89 955
Employee
29 217
-
102 344
-
income
5 201
-
19 811
-
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.

3 214
-
11 258
-
surtax
-
-
-
-
total
8 415
-
31 069
-
Employer
29 217
-
102 344
-
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.

7 038
-
24 654
-
surtax
-
-
-
-
total
7 038
-
24 654
-
Corporate
90 745
127 000
-
-
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%.

18 149
25 400
-
-
total
18 149
25 400
-
-
Dividends

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

72 596
101 600
-
-
total
-
-
-
-
Income
127 000
127 000
127 000
127 000
Total tax
33 602
25 400
55 723
89 955
After tax
93 398
101 600
71 277
37 045
Living cost
20 802
20 802
20 802
20 802
Free-cash
72 596
80 798
50 475
16 243

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
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.
₽5078
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
₽31238
₽28510
₽14131
₽20258
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
-
-
-
127 000
health
-
-
-
12 330
income
-
-
-
29 830
pensions
-
-
-
11 715
total
-
-
-
53 875
Employee
85 386
85 386
108 418
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
38 021
-
Employer
85 386
85 386
108 418
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
27 709
26 662
-
-
income
5 543
5 332
-
-
total
5 543
5 332
-
-
Dividends
22 166
21 330
-
-
withholding
3 324
3 199
-
-
income
4 711
4 533
-
-
total
8 035
7 732
-
-
Income
127 000
127 000
127 000
127 000
Total tax
70 982
64 855
56 603
53 875
After tax
56 018
62 145
70 397
73 125
Living cost
41 887
41 887
41 887
41 887
Free-cash
14 131
20 258
28 510
31 238

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
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.
₽7761
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
₽28944
₽27908
₽30032
₽30894
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
-
-
-
127 000
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
30 592
health
-
-
-
5 258
national
-
-
-
4 605
pensions
-
-
-
9 109
total
-
-
-
59 608
Employee
54 785
-
100 524
-
national
-
-
4 192
-
municipal
16 337
-
29 976
-
total
16 337
-
34 168
-
Employer
54 785
-
100 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
55 002
127 000
-
-
income
12 100
27 940
-
-
total
12 100
27 940
-
-
Dividends
42 901
99 060
-
-
withholding
12 870
29 718
-
-
total
12 870
29 718
-
-
Income
127 000
127 000
127 000
127 000
Total tax
58 520
57 658
60 644
59 608
After tax
68 480
69 342
66 356
67 392
Living cost
38 448
38 448
38 448
38 448
Free-cash
30 032
30 894
27 908
28 944

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
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
₽31976
₽45220
₽38250
₽24203
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.

-
-
-
127 000
trade
-
-
-
13 244
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 831
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.

-
-
-
33 809
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.

-
-
-
1 860
total
-
-
-
55 744
Employee

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

50 706
-
127 000
-
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.

239
-
1 860
-
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.

4 357
-
33 809
-
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.

6 831
-
6 831
-
total
11 427
-
42 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 294
127 000
-
-
trade
12 550
20 891
-
-
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.

630
1 047
-
-
income
11 444
19 051
-
-
chamber of commerce
260
332
-
-
total
24 884
41 321
-
-
Dividends
51 410
85 679
-
-
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.

687
1 157
-
-
withholding
12 472
21 039
-
-
total
13 159
22 196
-
-
Income
127 000
127 000
127 000
127 000
Total tax
49 470
63 517
42 500
55 744
After tax
77 530
63 483
84 500
71 256
Living cost
39 280
39 280
39 280
39 280
Free-cash
38 250
24 203
45 220
31 976

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
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
₽56521
₽55174
₽56228
₽60378
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
-
-
-
127 000
social contributions
-
-
-
16 178
health
-
-
-
3 239
income
-
-
-
18 631
total
-
-
-
38 048
Employee
76 887
76 887
116 243
-
income
8 074
7 117
18 056
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
1 975
-
total
12 575
14 805
28 638
-
Employer
76 887
76 887
116 243
-
health
833
1 423
2 150
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
10 757
-
Corporate
77 425
42 309
-
-
income
9 679
5 288
-
-
total
9 679
5 288
-
-
Dividends
67 746
37 021
-
-
withholding
11 518
6 294
-
-
total
11 518
6 294
-
-
Income
127 000
127 000
127 000
127 000
Total tax
38 341
34 191
39 395
38 048
After tax
88 659
92 809
87 605
88 952
Living cost
32 431
32 431
32 431
32 431
Free-cash
56 228
60 378
55 174
56 521

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽7184
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
₽69743
₽55387
₽53591
₽53210
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
-
-
-
127 000
unemployment
-
-
-
1 905
health
-
-
-
8 890
income
-
-
-
15 526
pensions
-
-
-
12 700
total
-
-
-
39 021
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.

26 323
10 476
106 276
-
income
3 218
1 281
12 992
-
pensions
2 632
1 048
10 628
-
unemployment
395
157
1 594
-
health
1 843
733
7 439
-
total
8 088
3 219
32 653
-
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.

26 323
10 476
106 276
-
pensions
5 133
2 043
20 724
-
total
5 133
2 043
20 724
-
Corporate
95 544
114 481
-
-
income
8 599
10 303
-
-
total
8 599
10 303
-
-
Dividends
86 945
104 178
-
-
social contributions
16 834
20 195
-
-
withholding
16 519
19 794
-
-
total
33 353
39 989
-
-
Income
127 000
127 000
127 000
127 000
Total tax
55 173
55 554
53 377
39 021
After tax
71 827
71 446
73 623
87 979
Living cost
18 236
18 236
18 236
18 236
Free-cash
53 591
53 210
55 387
69 743

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
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.
₽3935
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
₽43921
₽49051
₽71238
₽77449
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
-
-
-
127 000
health
-
-
-
16 510
income
-
-
-
17 018
pensions
-
-
-
25 400
total
-
-
-
58 928
Employee
28 365
-
94 918
-
income
3 193
-
18 301
-
pensions
567
-
1 897
-
unemployment
453
-
1 518
-
total
4 213
-
21 716
-
Employer
28 365
-
94 918
-
pensions
5 673
-
18 984
-
health
3 687
-
12 339
-
unemployment
228
-
759
-
total
9 588
-
32 082
-
Corporate
89 047
127 000
-
-
income
17 810
25 400
-
-
total
17 810
25 400
-
-
Dividends
71 237
101 600
-
-
total
-
-
-
-
Income
127 000
127 000
127 000
127 000
Total tax
31 611
25 400
53 798
58 928
After tax
95 389
101 600
73 202
68 072
Living cost
24 151
24 151
24 151
24 151
Free-cash
71 238
77 449
49 051
43 921

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
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
₽65078
₽45369
₽6925
-₽11627
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
-
-
-
127 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
33 070
pensions
-
-
-
4 145
total
-
-
-
40 008
Employee
34 472
-
111 435
-
income
4 729
-
23 794
-
pensions
3 882
-
7 599
-
health
3 947
-
12 759
-
total
12 558
-
44 152
-
Employer
34 472
-
111 435
-
pensions
5 605
-
10 974
-
accident
575
-
1 861
-
unemployment
845
-
2 730
-
total
7 025
-
15 565
-
Corporate
85 503
127 000
-
-
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.

76 953
114 300
-
-
total
76 953
114 300
-
-
Dividends
8 550
12 700
-
-
withholding
1 625
2 413
-
-
total
1 625
2 413
-
-
Income
127 000
127 000
127 000
127 000
Total tax
98 161
116 713
59 717
40 008
After tax
28 839
10 287
67 283
86 992
Living cost
21 914
21 914
21 914
21 914
Free-cash
6 925
-11 627
45 369
65 078

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽4182
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
₽116719
₽92589
₽109950
₽111639
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%.

-
-
-
127 000
microenterprise

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

-
-
-
1 270
total
-
-
-
1 270
Employee
11 263
-
127 000
-
income
2 252
-
25 400
-
total
2 252
-
25 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

115 737
127 000
-
-
total
-
-
-
-
Dividends
115 737
127 000
-
-
withholding
5 787
6 350
-
-
total
5 787
6 350
-
-
Income
127 000
127 000
127 000
127 000
Total tax
8 039
6 350
25 400
1 270
After tax
118 961
120 650
101 600
125 730
Living cost
9 011
9 011
9 011
9 011
Free-cash
109 950
111 639
92 589
116 719

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
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.
₽2430
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
₽41262
₽46516
₽59911
₽66663
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
-
-
-
127 000
other
-
-
-
6 032
health
-
-
-
5 588
income
-
-
-
16 994
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.

-
-
-
30 481
total
-
-
-
59 095
Employee
36 305
-
101 437
-
income
6 250
-
18 745
-
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.

2 541
-
7 100
-
unemployment
362
-
1 015
-
health
509
-
1 419
-
total
9 662
-
28 279
-
Employer
36 305
-
101 437
-
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.

6 172
-
17 244
-
other
1 816
-
5 072
-
accident
290
-
812
-
health
509
-
1 419
-
unemployment
362
-
1 015
-
total
9 149
-
25 562
-
Corporate
81 545
127 000
-
-
income
17 125
26 671
-
-
total
17 125
26 671
-
-
Dividends
64 421
100 329
-
-
withholding
4 510
7 023
-
-
total
4 510
7 023
-
-
Income
127 000
127 000
127 000
127 000
Total tax
40 446
33 694
53 841
59 095
After tax
86 554
93 306
73 159
67 905
Living cost
26 643
26 643
26 643
26 643
Free-cash
59 911
66 663
46 516
41 262

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
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
₽20731
₽8958
₽14090
₽21284
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
-
-
-
127 000
income
-
-
-
30 972
pensions
-
-
-
8 044
total
-
-
-
39 016
Employee
95 153
-
111 405
-
income
17 152
-
23 123
-
pensions
9 180
-
10 261
-
health
1 568
-
1 810
-
total
27 900
-
35 194
-
Employer
95 153
-
111 405
-
pensions
11 235
-
13 478
-
health
1 807
-
2 117
-
total
13 042
-
15 595
-
Corporate
18 805
127 000
-
-
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.

3 572
24 131
-
-
total
3 572
24 131
-
-
Dividends
15 233
102 869
-
-
withholding
1 143
14 332
-
-
total
1 143
14 332
-
-
Income
127 000
127 000
127 000
127 000
Total tax
45 657
38 463
50 789
39 016
After tax
81 343
88 537
76 211
87 984
Living cost
67 253
67 253
67 253
67 253
Free-cash
14 090
21 284
8 958
20 731

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
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.
₽8411
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
₽85519
₽89972
₽90835
₽95478
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
-
-
-
127 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
19 050
pensions

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

-
-
-
5 168
total
-
-
-
28 374
Employee
17 356
-
120 149
-
income
1 735
-
12 014
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
17 070
-
Employer
17 356
-
120 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
106 238
127 000
-
-
income
10 623
12 700
-
-
total
10 623
12 700
-
-
Dividends
95 615
114 300
-
-
withholding
4 781
5 715
-
-
total
4 781
5 715
-
-
Income
127 000
127 000
127 000
127 000
Total tax
23 058
18 415
23 921
28 374
After tax
103 942
108 585
103 079
98 626
Living cost
13 107
13 107
13 107
13 107
Free-cash
90 835
95 478
89 972
85 519

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
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.
₽4172
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
₽17680
₽14952
₽9214
₽6700
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
-
-
-
127 000
health
-
-
-
12 330
income
-
-
-
29 830
pensions
-
-
-
11 715
total
-
-
-
53 875
Employee
92 702
85 386
108 418
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
38 021
-
Employer
92 702
85 386
108 418
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
18 067
26 662
-
-
income
3 613
5 332
-
-
total
3 613
5 332
-
-
Dividends
14 454
21 330
-
-
withholding
2 169
3 199
-
-
income
3 072
4 533
-
-
total
5 241
7 732
-
-
Income
127 000
127 000
127 000
127 000
Total tax
62 341
64 855
56 603
53 875
After tax
64 659
62 145
70 397
73 125
Living cost
55 445
55 445
55 445
55 445
Free-cash
9 214
6 700
14 952
17 680

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
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.
₽8958
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
₽39996
₽40436
₽54862
₽63427
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
-
-
-
127 000
social contributions
-
-
-
34 552
health
-
-
-
17 145
income
-
-
-
11 295
solidarity contribution
-
-
-
-
total
-
-
-
62 992
Employee
35 311
-
94 776
-
income
4 237
-
11 373
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
6 160
-
health
4 767
-
12 795
-
total
11 299
-
30 328
-
Employer
35 311
-
94 776
-
health
3 178
-
8 530
-
social contributions
8 828
-
23 694
-
total
12 006
-
32 224
-
Corporate
79 683
127 000
-
-
income
15 140
24 130
-
-
total
15 140
24 130
-
-
Dividends
64 543
102 870
-
-
withholding
9 681
15 431
-
-
total
9 681
15 431
-
-
Income
127 000
127 000
127 000
127 000
Total tax
48 126
39 561
62 552
62 992
After tax
78 874
87 439
64 448
64 008
Living cost
24 012
24 012
24 012
24 012
Free-cash
54 862
63 427
40 436
39 996

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
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.
₽5153
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
₽21075
₽15032
₽20345
₽25569
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
-
-
-
127 000
social contributions
-
-
-
32 665
municipal
-
-
-
755
national
-
-
-
28 864
regional
-
-
-
1 449
total
-
-
-
63 733
Employee
88 864
-
127 000
-
national
15 398
-
25 005
-
social contributions
29 965
-
42 824
-
municipal
471
-
674
-
regional
838
-
1 273
-
total
46 672
-
69 776
-
Employer
88 864
-
127 000
-
total
-
-
-
-
Corporate
38 136
127 000
-
-
nationa
9 153
30 479
-
-
municipal
1 488
4 952
-
-
total
10 641
35 431
-
-
Dividends
27 495
91 568
-
-
withholding
7 150
23 808
-
-
total
7 150
23 808
-
-
Income
127 000
127 000
127 000
127 000
Total tax
64 463
59 239
69 776
63 733
After tax
62 537
67 761
57 224
63 267
Living cost
42 192
42 192
42 192
42 192
Free-cash
20 345
25 569
15 032
21 075

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
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.
₽9366
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
₽39023
₽36927
₽54706
₽57820
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
-
-
-
127 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 017
income
-
-
-
27 519
surtax
-
-
-
3 749
pensions
-
-
-
25 400
total
-
-
-
65 913
Employee
33 066
-
104 915
-
income
5 543
-
25 532
-
pensions
2 205
-
6 998
-
unemployment
2 302
-
7 301
-
health
844
-
2 675
-
other
-
-
-
-
surtax
108
-
3 419
-
total
11 002
-
45 925
-
Employer
33 066
-
104 915
-
pensions
4 408
-
13 984
-
other
-
-
-
-
health
1 505
-
4 774
-
unemployment
1 047
-
3 326
-
total
6 960
-
22 084
-
Corporate
86 974
127 000
-
-
income
22 614
33 020
-
-
total
22 614
33 020
-
-
Dividends
64 360
93 980
-
-
withholding
9 654
14 096
-
-
total
9 654
14 096
-
-
Income
127 000
127 000
127 000
127 000
Total tax
50 230
47 116
68 009
65 913
After tax
76 770
79 884
58 991
61 087
Living cost
22 064
22 064
22 064
22 064
Free-cash
54 706
57 820
36 927
39 023

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽6028
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
₽42038
₽30265
₽41294
₽42591
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
-
-
-
127 000
income
-
-
-
30 972
pensions
-
-
-
8 044
total
-
-
-
39 016
Employee
63 769
-
111 405
-
income
11 485
-
23 123
-
pensions
5 413
-
10 261
-
health
926
-
1 810
-
total
17 824
-
35 194
-
Employer
63 769
-
111 405
-
pensions
6 903
-
13 478
-
health
1 211
-
2 117
-
total
8 114
-
15 595
-
Corporate
55 116
127 000
-
-
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.

10 473
24 131
-
-
total
10 473
24 131
-
-
Dividends
44 643
102 869
-
-
withholding
3 349
14 332
-
-
total
3 349
14 332
-
-
Income
127 000
127 000
127 000
127 000
Total tax
39 760
38 463
50 789
39 016
After tax
87 240
88 537
76 211
87 984
Living cost
45 946
45 946
45 946
45 946
Free-cash
41 294
42 591
30 265
42 038

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
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
₽29116
₽22864
₽14833
-₽17507
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
-
-
-
127 000
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.

-
-
-
2 539
health
-
-
-
285
city
-
-
-
1 339
national
-
-
-
1 289
regional
-
-
-
5 167
pensions
-
-
-
11 684
total
-
-
-
22 303
Employee
88 449
-
113 672
-
pensions
7 431
-
9 549
-
national
419
-
1 011
-
unemployment
-
-
-
-
city
949
-
1 221
-
health
200
-
256
-
regional
2 896
-
4 440
-
total
11 895
-
16 477
-
Employer
88 449
-
113 672
-
pensions
7 431
-
9 549
-
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.

1 768
-
2 273
-
health
200
-
256
-
unemployment
-
-
-
-
total
9 399
-
12 078
-
Corporate
28 179
127 000
-
-
regional
5 959
26 860
-
-
national
2 395
10 795
-
-
total
8 354
37 655
-
-
Dividends
19 824
89 345
-
-
withholding
6 938
31 271
-
-
total
6 938
31 271
-
-
Income
127 000
127 000
127 000
127 000
Total tax
36 586
68 926
28 555
22 303
After tax
90 414
58 074
98 445
104 697
Living cost
75 581
75 581
75 581
75 581
Free-cash
14 833
-17 507
22 864
29 116

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
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.
₽18721
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
₽24887
₽38695
₽33238
₽17025
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.

-
-
-
127 000
trade
-
-
-
13 808
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.

-
-
-
6 831
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.

-
-
-
33 809
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.

-
-
-
1 860
total
-
-
-
56 308
Employee

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

60 091
-
127 000
-
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.

389
-
1 860
-
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.

7 066
-
33 809
-
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.

6 831
-
6 831
-
total
14 286
-
42 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 909
127 000
-
-
trade
11 474
21 781
-
-
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.

552
1 047
-
-
income
10 036
19 051
-
-
chamber of commerce
247
330
-
-
total
22 309
42 209
-
-
Dividends
44 600
84 791
-
-
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.

592
1 144
-
-
withholding
10 770
20 817
-
-
total
11 362
21 961
-
-
Income
127 000
127 000
127 000
127 000
Total tax
47 957
64 170
42 500
56 308
After tax
79 043
62 830
84 500
70 692
Living cost
45 805
45 805
45 805
45 805
Free-cash
33 238
17 025
38 695
24 887

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
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.
₽8093
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
₽38156
₽41071
₽35706
₽29800
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
-
-
-
127 000
other
-
-
-
3 937
social contributions
-
-
-
3 618
health
-
-
-
3 837
income
-
-
-
15 915
surtax
-
-
-
-
pensions
-
-
-
27 328
total
-
-
-
54 635
Employee
42 794
-
101 113
-
income
2 526
-
17 111
-
pensions
4 839
-
5 842
-
social contributions
1 220
-
2 882
-
surtax
-
-
-
-
total
8 585
-
25 835
-
Employer
42 794
-
101 113
-
pensions
7 030
-
10 048
-
other
1 476
-
3 488
-
health
2 996
-
7 950
-
unemployment
1 732
-
4 095
-
social contributions
129
-
304
-
total
13 363
-
25 885
-
Corporate
70 842
127 000
-
-
surtax
-
-
-
-
income
19 836
35 561
-
-
total
19 836
35 561
-
-
Dividends
51 006
91 439
-
-
surtax
-
-
-
-
social contributions
8 772
15 726
-
-
withholding
6 529
11 704
-
-
total
15 301
27 430
-
-
Income
127 000
127 000
127 000
127 000
Total tax
57 085
62 991
51 720
54 635
After tax
69 915
64 009
75 280
72 365
Living cost
34 209
34 209
34 209
34 209
Free-cash
35 706
29 800
41 071
38 156

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
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
₽41545
₽44460
₽38740
₽33189
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
-
-
-
127 000
other
-
-
-
3 937
social contributions
-
-
-
3 618
health
-
-
-
3 837
income
-
-
-
15 915
surtax
-
-
-
-
pensions
-
-
-
27 328
total
-
-
-
54 635
Employee
38 199
-
101 113
-
income
1 970
-
17 111
-
pensions
4 321
-
5 842
-
social contributions
1 089
-
2 882
-
surtax
-
-
-
-
total
7 380
-
25 835
-
Employer
38 199
-
101 113
-
pensions
6 277
-
10 048
-
other
1 319
-
3 488
-
health
2 674
-
7 950
-
unemployment
1 546
-
4 095
-
social contributions
114
-
304
-
total
11 930
-
25 885
-
Corporate
76 871
127 000
-
-
surtax
-
-
-
-
income
21 523
35 561
-
-
total
21 523
35 561
-
-
Dividends
55 348
91 439
-
-
surtax
-
-
-
-
social contributions
9 522
15 726
-
-
withholding
7 085
11 704
-
-
total
16 607
27 430
-
-
Income
127 000
127 000
127 000
127 000
Total tax
57 440
62 991
51 720
54 635
After tax
69 560
64 009
75 280
72 365
Living cost
30 820
30 820
30 820
30 820
Free-cash
38 740
33 189
44 460
41 545

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
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
₽60357
₽59183
₽56800
₽56278
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
-
-
-
127 000
social contributions
-
-
-
17 525
health
-
-
-
8 865
income
-
-
-
19 051
total
-
-
-
45 441
Employee
33 902
-
127 000
-
income
5 654
-
20 225
-
social contributions
4 679
-
17 525
-
health
2 366
-
8 865
-
total
12 699
-
46 615
-
Employer
33 902
-
127 000
-
total
-
-
-
-
Corporate
93 098
127 000
-
-
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%.

4 655
6 351
-
-
total
4 655
6 351
-
-
Dividends
88 443
120 649
-
-
social contributions
12 205
16 650
-
-
health
6 172
8 421
-
-
withholding
13 267
18 098
-
-
total
31 644
43 169
-
-
Income
127 000
127 000
127 000
127 000
Total tax
48 998
49 520
46 615
45 441
After tax
78 002
77 480
80 385
81 559
Living cost
21 202
21 202
21 202
21 202
Free-cash
56 800
56 278
59 183
60 357

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
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
₽28404
-₽176
₽33960
₽35507
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
-
-
-
127 000
chamber of commerce
-
-
-
509
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
25 980
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
63 364
Employee
49 970
39 847
98 462
-
income
5 689
2 939
21 910
-
pensions
5 117
4 080
10 083
-
unemployment
1 499
1 195
2 954
-
health
1 934
1 543
3 810
-
other
499
398
985
-
total
14 738
10 155
39 742
-
Employer
49 970
39 847
98 462
-
pensions
6 271
5 002
12 356
-
other
2 374
1 892
4 677
-
accident
649
518
1 281
-
health
1 888
1 507
3 721
-
payroll
1 499
1 195
2 954
-
chamber of commerce
199
159
395
-
unemployment
1 499
1 195
2 954
-
surtax
197
197
197
-
total
14 576
11 665
28 535
-
Corporate
62 454
75 487
94 669
-
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.

15 614
18 872
23 667
-
total
15 614
18 872
23 667
-
Dividends
46 839
56 615
-
-
withholding
12 880
15 569
-
-
total
12 880
15 569
-
-
Income
127 000
127 000
127 000
127 000
Total tax
57 808
56 261
91 944
63 364
After tax
69 192
70 739
35 056
63 636
Living cost
35 232
35 232
35 232
35 232
Free-cash
33 960
35 507
-176
28 404

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽8150
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
₽20376
₽11000
₽19676
₽34671
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
-
-
-
127 000
social contributions
-
-
-
20 178
communal

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

-
-
-
6 410
national
-
-
-
43 579
total
-
-
-
70 167
Employee

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

71 523
-
98 367
-
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.

5 364
-
7 377
-
national
21 989
-
32 925
-
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.

622
-
856
-
communal

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

3 730
-
5 131
-
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.

3 360
-
4 622
-
total
35 065
-
50 911
-
Employer

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

71 523
-
98 367
-
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.

6 338
-
8 715
-
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.

930
-
1 279
-
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.

4 398
-
6 049
-
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.

1 044
-
1 436
-
surtax
8 110
-
11 153
-
total
20 820
-
28 632
-
Corporate
34 658
127 000
-
-
surtax
139
509
-
-
income
6 931
25 400
-
-
total
7 070
25 909
-
-
Dividends
27 588
101 092
-
-
withholding

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

7 912
29 963
-
-
total
7 912
29 963
-
-
Income
127 000
127 000
127 000
127 000
Total tax
70 867
55 872
79 543
70 167
After tax
56 133
71 128
47 457
56 833
Living cost
36 457
36 457
36 457
36 457
Free-cash
19 676
34 671
11 000
20 376

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
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
₽34539
₽29735
₽41431
₽49136
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
-
-
-
127 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
28 547
pensions
-
-
-
26 227
total
-
-
-
56 351
Employee
49 772
-
97 454
-
income
10 502
-
25 723
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
31 609
-
Employer
49 772
-
97 454
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
61 363
127 000
-
-
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.

9 205
19 051
-
-
total
9 205
19 051
-
-
Dividends
52 159
107 949
-
-
withholding
10 726
22 703
-
-
total
10 726
22 703
-
-
Income
127 000
127 000
127 000
127 000
Total tax
49 459
41 754
61 155
56 351
After tax
77 541
85 246
65 845
70 649
Living cost
36 110
36 110
36 110
36 110
Free-cash
41 431
49 136
29 735
34 539

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6436
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
₽13954
₽19017
₽12417
₽22232
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
-
-
-
127 000
accident
-
-
-
1 070
health
-
-
-
8 924
income
-
-
-
15 357
communal
-
-
-
8 026
surtax
-
-
-
6 296
pensions
-
-
-
19 035
total
-
-
-
58 708
Employee
75 721
-
113 444
-
income
7 314
-
19 014
-
pensions
6 057
-
9 076
-
health
3 370
-
5 047
-
surtax
4 641
-
6 952
-
total
21 382
-
40 089
-
Employer
75 721
-
113 444
-
pensions
6 057
-
9 076
-
accident
681
-
1 021
-
health
2 309
-
3 459
-
total
9 047
-
13 556
-
Corporate
42 232
127 000
-
-
communal
2 850
8 573
-
-
surtax
444
1 334
-
-
income
6 336
19 051
-
-
total
9 630
28 958
-
-
Dividends
32 603
98 043
-
-
withholding
4 890
14 707
-
-
income
15 296
6 765
-
-
total
20 186
21 472
-
-
Income
127 000
127 000
127 000
127 000
Total tax
60 245
50 430
53 645
58 708
After tax
66 755
76 570
73 355
68 292
Living cost
54 338
54 338
54 338
54 338
Free-cash
12 417
22 232
19 017
13 954

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
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
₽38628
₽36532
₽54243
₽57425
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
-
-
-
127 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 017
income
-
-
-
27 519
surtax
-
-
-
3 749
pensions
-
-
-
25 400
total
-
-
-
65 913
Employee
33 673
-
104 915
-
income
5 645
-
25 532
-
pensions
2 247
-
6 998
-
unemployment
2 343
-
7 301
-
health
860
-
2 675
-
other
-
-
-
-
surtax
120
-
3 419
-
total
11 215
-
45 925
-
Employer
33 673
-
104 915
-
pensions
4 489
-
13 984
-
other
-
-
-
-
health
1 531
-
4 774
-
unemployment
1 068
-
3 326
-
total
7 088
-
22 084
-
Corporate
86 238
127 000
-
-
income
22 422
33 020
-
-
total
22 422
33 020
-
-
Dividends
63 816
93 980
-
-
withholding
9 573
14 096
-
-
total
9 573
14 096
-
-
Income
127 000
127 000
127 000
127 000
Total tax
50 298
47 116
68 009
65 913
After tax
76 702
79 884
58 991
61 087
Living cost
22 459
22 459
22 459
22 459
Free-cash
54 243
57 425
36 532
38 628

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽6427
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
₽35866
₽29854
₽37600
₽39820
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
-
-
-
127 000
social contributions
-
-
-
32 665
municipal
-
-
-
755
national
-
-
-
28 864
regional
-
-
-
1 915
total
-
-
-
64 199
Employee
55 465
-
127 000
-
national
8 787
-
25 005
-
social contributions
18 703
-
42 824
-
municipal
294
-
674
-
regional
747
-
1 708
-
total
28 531
-
70 211
-
Employer
55 465
-
127 000
-
total
-
-
-
-
Corporate
71 535
127 000
-
-
nationa
17 168
30 479
-
-
municipal
3 556
6 311
-
-
total
20 724
36 790
-
-
Dividends
50 811
90 210
-
-
withholding
13 210
23 455
-
-
total
13 210
23 455
-
-
Income
127 000
127 000
127 000
127 000
Total tax
62 465
60 245
70 211
64 199
After tax
64 535
66 755
56 789
62 801
Living cost
26 935
26 935
26 935
26 935
Free-cash
37 600
39 820
29 854
35 866

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
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
₽34419
₽34859
₽47295
₽57850
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
-
-
-
127 000
social contributions
-
-
-
34 552
health
-
-
-
17 145
income
-
-
-
11 295
solidarity contribution
-
-
-
-
total
-
-
-
62 992
Employee
43 513
-
94 776
-
income
5 222
-
11 373
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
6 160
-
health
5 874
-
12 795
-
total
13 924
-
30 328
-
Employer
43 513
-
94 776
-
health
3 916
-
8 530
-
social contributions
10 878
-
23 694
-
total
14 794
-
32 224
-
Corporate
68 693
127 000
-
-
income
13 052
24 130
-
-
total
13 052
24 130
-
-
Dividends
55 641
102 870
-
-
withholding
8 346
15 431
-
-
total
8 346
15 431
-
-
Income
127 000
127 000
127 000
127 000
Total tax
50 116
39 561
62 552
62 992
After tax
76 884
87 439
64 448
64 008
Living cost
29 589
29 589
29 589
29 589
Free-cash
47 295
57 850
34 859
34 419

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
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.
₽5434
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
₽31933
₽3190
₽38450
₽38944
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
-
-
-
127 000
chamber of commerce
-
-
-
509
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
25 980
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
63 167
Employee
43 708
39 847
98 616
-
income
3 894
2 939
21 963
-
pensions
4 476
4 080
10 098
-
unemployment
1 311
1 195
2 958
-
health
1 691
1 543
3 816
-
other
436
398
987
-
total
11 808
10 155
39 822
-
Employer
43 708
39 847
98 616
-
pensions
5 486
5 002
12 375
-
other
2 076
1 892
4 685
-
accident
567
518
1 283
-
health
1 653
1 507
3 729
-
payroll
1 311
1 195
2 958
-
chamber of commerce
175
159
395
-
unemployment
1 311
1 195
2 958
-
surtax
-
-
-
-
total
12 579
11 468
28 383
-
Corporate
70 714
75 685
94 823
-
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.

17 679
18 922
23 705
-
total
17 679
18 922
23 705
-
Dividends
53 035
56 763
-
-
withholding
14 584
15 611
-
-
total
14 584
15 611
-
-
Income
127 000
127 000
127 000
127 000
Total tax
56 650
56 156
91 910
63 167
After tax
70 350
70 844
35 090
63 833
Living cost
31 900
31 900
31 900
31 900
Free-cash
38 450
38 944
3 190
31 933

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
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.
₽8937
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
₽111689
₽87559
₽103976
₽106609
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%.

-
-
-
127 000
microenterprise

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

-
-
-
1 270
total
-
-
-
1 270
Employee
17 552
-
127 000
-
income
3 511
-
25 400
-
total
3 511
-
25 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

109 448
127 000
-
-
total
-
-
-
-
Dividends
109 448
127 000
-
-
withholding
5 472
6 350
-
-
total
5 472
6 350
-
-
Income
127 000
127 000
127 000
127 000
Total tax
8 983
6 350
25 400
1 270
After tax
118 017
120 650
101 600
125 730
Living cost
14 041
14 041
14 041
14 041
Free-cash
103 976
106 609
87 559
111 689

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
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
₽37701
₽34063
₽52255
₽60621
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.

-
-
-
127 000
unemployment
-
-
-
190
health
-
-
-
12 497
income
-
-
-
26 600
pensions
-
-
-
23 193
total
-
-
-
62 480
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.

44 215
-
109 890
-
income
7 625
-
24 722
-
pensions
6 854
-
17 034
-
unemployment
63
-
154
-
health
2 856
-
7 098
-
total
17 398
-
49 008
-
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.

44 215
-
109 890
-
pensions
3 913
-
9 725
-
health
2 945
-
7 319
-
unemployment
27
-
66
-
total
6 885
-
17 110
-
Corporate
75 901
127 000
-
-
income
14 421
24 130
-
-
total
14 421
24 130
-
-
Dividends
61 480
102 870
-
-
withholding
9 222
15 430
-
-
total
9 222
15 430
-
-
Income
127 000
127 000
127 000
127 000
Total tax
47 926
39 560
66 118
62 480
After tax
79 074
87 440
60 882
64 520
Living cost
26 819
26 819
26 819
26 819
Free-cash
52 255
60 621
34 063
37 701

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6176
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
₽44727
₽70838
-₽21730
₽34227
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
-
-
-
127 000
social contributions
-
-
-
14 478
income
-
-
-
24 755
total
-
-
-
39 233
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
127 000
-
-
income
-
27 940
-
-
total
-
27 940
-
-
Dividends
-
99 060
-
-
income
-
21 793
-
-
total
-
21 793
-
-
Income
127 000
127 000
127 000
127 000
Total tax
105 690
49 733
13 122
39 233
After tax
21 310
77 267
113 878
87 767
Living cost
43 040
43 040
43 040
43 040
Free-cash
-21 730
34 227
70 838
44 727

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
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.
₽10517
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
₽38298
₽30177
₽39868
₽40874
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.

-
-
-
127 000
social contributions

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

-
-
-
44 133
income
-
-
-
13 206
surtax
-
-
-
-
total
-
-
-
57 339
Employee
45 987
-
102 627
-
income
9 565
-
29 799
-
social contributions
5 059
-
11 288
-
surtax
-
-
-
-
total
14 624
-
41 087
-
Employer
45 987
-
102 627
-
social contributions
10 922
-
24 373
-
total
10 922
-
24 373
-
Corporate
70 091
127 000
-
-
surtax
-
-
-
-
income
14 719
26 671
-
-
total
14 719
26 671
-
-
Dividends
55 372
100 329
-
-
withholding
15 504
28 092
-
-
total
15 504
28 092
-
-
Income
127 000
127 000
127 000
127 000
Total tax
55 769
54 763
65 460
57 339
After tax
71 231
72 237
61 540
69 661
Living cost
31 363
31 363
31 363
31 363
Free-cash
39 868
40 874
30 177
38 298

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽5524
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
₽24072
₽26987
₽22588
₽15716
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
-
-
-
127 000
other
-
-
-
3 937
social contributions
-
-
-
3 618
health
-
-
-
3 837
income
-
-
-
15 915
surtax
-
-
-
-
pensions
-
-
-
27 328
total
-
-
-
54 635
Employee
62 625
-
101 113
-
income
5 464
-
17 111
-
pensions
7 083
-
5 842
-
social contributions
1 784
-
2 882
-
surtax
-
-
-
-
total
14 331
-
25 835
-
Employer
62 625
-
101 113
-
pensions
10 290
-
10 048
-
other
2 161
-
3 488
-
health
4 383
-
7 950
-
unemployment
2 537
-
4 095
-
social contributions
188
-
304
-
total
19 559
-
25 885
-
Corporate
44 816
127 000
-
-
surtax
-
-
-
-
income
12 548
35 561
-
-
total
12 548
35 561
-
-
Dividends
32 268
91 439
-
-
surtax
-
-
-
-
social contributions
5 550
15 726
-
-
withholding
4 131
11 704
-
-
total
9 681
27 430
-
-
Income
127 000
127 000
127 000
127 000
Total tax
56 119
62 991
51 720
54 635
After tax
70 881
64 009
75 280
72 365
Living cost
48 293
48 293
48 293
48 293
Free-cash
22 588
15 716
26 987
24 072

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
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.
₽10996
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
₽65169
₽68546
₽80886
₽84244
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
-
-
-
127 000
social contributions
-
-
-
27 940
income
-
-
-
3 835
total
-
-
-
31 775
Employee
32 145
-
109 957
-
social contributions
2 089
-
7 146
-
income
-
-
4 209
-
total
2 089
-
11 355
-
Employer
32 145
-
109 957
-
social contributions
4 983
-
17 043
-
total
4 983
-
17 043
-
Corporate
89 872
127 000
-
-
income
8 986
12 700
-
-
total
8 986
12 700
-
-
Dividends
80 885
114 300
-
-
total
-
-
-
-
Income
127 000
127 000
127 000
127 000
Total tax
16 058
12 700
28 398
31 775
After tax
110 942
114 300
98 602
95 225
Living cost
30 056
30 056
30 056
30 056
Free-cash
80 886
84 244
68 546
65 169

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
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
₽28998
-₽90924
-₽90924
-₽90924
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
-
-
-
127 000
municipal
-
-
-
24 994
national
-
-
-
13 880
labour market
-
-
-
10 091
pensions
-
-
-
867
total
-
-
-
49 832
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
127 000
127 000
127 000
127 000
Total tax
169 754
169 754
169 754
49 832
After tax
-42 754
-42 754
-42 754
77 168
Living cost
48 170
48 170
48 170
48 170
Free-cash
-90 924
-90 924
-90 924
28 998

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
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.
₽10200
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
₽65401
₽45692
₽6976
-₽11304
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
-
-
-
127 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
33 070
pensions
-
-
-
4 145
total
-
-
-
40 008
Employee
33 964
-
111 435
-
income
4 659
-
23 794
-
pensions
3 825
-
7 599
-
health
3 889
-
12 759
-
total
12 373
-
44 152
-
Employer
33 964
-
111 435
-
pensions
5 522
-
10 974
-
accident
567
-
1 861
-
unemployment
832
-
2 730
-
total
6 921
-
15 565
-
Corporate
86 115
127 000
-
-
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.

77 503
114 300
-
-
total
77 503
114 300
-
-
Dividends
8 612
12 700
-
-
withholding
1 636
2 413
-
-
total
1 636
2 413
-
-
Income
127 000
127 000
127 000
127 000
Total tax
98 433
116 713
59 717
40 008
After tax
28 567
10 287
67 283
86 992
Living cost
21 591
21 591
21 591
21 591
Free-cash
6 976
-11 304
45 692
65 401

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
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.
₽4239
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
₽48769
₽31357
₽44297
₽43990
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

-
-
-
127 000
municipal
-
-
-
22 584
health
-
-
-
1 539
national
-
-
-
15 720
total
-
-
-
39 843
Employee
52 606
-
106 839
-
pensions
3 550
-
7 212
-
national
869
-
9 629
-
municipal
8 616
-
17 423
-
unemployment
789
-
1 603
-
health
393
-
1 228
-
total
14 217
-
37 095
-
Employer
52 606
-
106 839
-
pensions
9 127
-
18 536
-
accident
53
-
106
-
health
404
-
824
-
unemployment
342
-
694
-
total
9 926
-
20 160
-
Corporate
64 468
127 000
-
-
income
12 893
25 400
-
-
total
12 893
25 400
-
-
Dividends

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

38 681
76 200
-
-
municipal
6 962
13 717
-
-
national
317
5 505
-
-
total
7 279
19 222
-
-
Income
127 000
127 000
127 000
127 000
Total tax
44 315
44 622
57 255
39 843
After tax
82 685
82 378
69 745
87 157
Living cost
38 388
38 388
38 388
38 388
Free-cash
44 297
43 990
31 357
48 769

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
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.
₽9011
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
₽65802
₽64455
₽64215
₽69659
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
-
-
-
127 000
social contributions
-
-
-
16 178
health
-
-
-
3 239
income
-
-
-
18 631
total
-
-
-
38 048
Employee
76 887
76 887
116 243
-
income
8 372
7 117
18 056
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
1 975
-
total
11 875
14 805
28 638
-
Employer
76 887
76 887
116 243
-
health
647
1 423
2 150
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
10 757
-
Corporate
88 421
42 309
-
-
income
11 053
5 288
-
-
total
11 053
5 288
-
-
Dividends
77 369
37 021
-
-
withholding
13 153
6 294
-
-
total
13 153
6 294
-
-
Income
127 000
127 000
127 000
127 000
Total tax
39 635
34 191
39 395
38 048
After tax
87 365
92 809
87 605
88 952
Living cost
23 150
23 150
23 150
23 150
Free-cash
64 215
69 659
64 455
65 802

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
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.
₽6493
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
₽88603
₽68546
₽84206
₽89293
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
-
-
-
127 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
12 516
pensions
-
-
-
6 360
total
-
-
-
22 522
Employee

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

22 951
-
117 228
-
income
1 569
-
10 038
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
32 807
-
Employer

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

22 951
-
117 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
101 687
127 000
-
-
income
9 152
11 430
-
-
total
9 152
11 430
-
-
Dividends
92 535
115 570
-
-
withholding
8 328
10 402
-
-
total
8 328
10 402
-
-
Income
127 000
127 000
127 000
127 000
Total tax
26 919
21 832
42 579
22 522
After tax
100 081
105 168
84 421
104 478
Living cost
15 875
15 875
15 875
15 875
Free-cash
84 206
89 293
68 546
88 603

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
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.
₽4129
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
₽43153
₽38349
₽52768
₽57750
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
-
-
-
127 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
28 547
pensions
-
-
-
26 227
total
-
-
-
56 351
Employee
36 972
-
97 454
-
income
7 128
-
25 723
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
31 609
-
Employer
36 972
-
97 454
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
78 241
127 000
-
-
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.

11 736
19 051
-
-
total
11 736
19 051
-
-
Dividends
66 505
107 949
-
-
withholding
13 738
22 703
-
-
total
13 738
22 703
-
-
Income
127 000
127 000
127 000
127 000
Total tax
46 736
41 754
61 155
56 351
After tax
80 264
85 246
65 845
70 649
Living cost
27 496
27 496
27 496
27 496
Free-cash
52 768
57 750
38 349
43 153

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
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
₽78204
₽78008
₽76060
₽76510
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
-
-
-
127 000
health
-
-
-
1 448
income
-
-
-
42 613
pensions
-
-
-
1 997
total
-
-
-
46 058
Employee
4 171
-
124 753
-
income
807
-
42 508
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
44 006
-
Employer
4 171
-
124 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
121 891
127 000
-
-
income
26 816
27 940
-
-
total
26 816
27 940
-
-
Dividends
95 075
99 060
-
-
withholding
19 015
19 812
-
-
total
19 015
19 812
-
-
Income
127 000
127 000
127 000
127 000
Total tax
48 202
47 752
46 254
46 058
After tax
78 798
79 248
80 746
80 942
Living cost
2 738
2 738
2 738
2 738
Free-cash
76 060
76 510
78 008
78 204

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
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
₽54200
₽54200
₽69544
₽74464
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.

-
-
-
127 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
27 573
pensions
-
-
-
19 214
total
-
-
-
55 507
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.

26 076
-
113 772
-
income
3 594
-
27 573
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
42 279
-
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.

26 076
-
113 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
96 256
127 000
-
-
income
14 438
19 050
-
-
total
14 438
19 050
-
-
Dividends
81 818
107 950
-
-
withholding
12 273
16 193
-
-
total
12 273
16 193
-
-
Income
127 000
127 000
127 000
127 000
Total tax
40 163
35 243
55 507
55 507
After tax
86 837
91 757
71 493
71 493
Living cost
17 293
17 293
17 293
17 293
Free-cash
69 544
74 464
54 200
54 200

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
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
₽42705
₽34584
₽44920
₽45281
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.

-
-
-
127 000
social contributions

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

-
-
-
44 133
income
-
-
-
13 206
surtax
-
-
-
-
total
-
-
-
57 339
Employee
38 808
-
102 627
-
income
7 583
-
29 799
-
social contributions
4 269
-
11 288
-
surtax
-
-
-
-
total
11 852
-
41 087
-
Employer
38 808
-
102 627
-
social contributions
9 216
-
24 373
-
total
9 216
-
24 373
-
Corporate
78 976
127 000
-
-
surtax
-
-
-
-
income
16 586
26 671
-
-
total
16 586
26 671
-
-
Dividends
62 390
100 329
-
-
withholding
17 470
28 092
-
-
total
17 470
28 092
-
-
Income
127 000
127 000
127 000
127 000
Total tax
55 124
54 763
65 460
57 339
After tax
71 876
72 237
61 540
69 661
Living cost
26 956
26 956
26 956
26 956
Free-cash
44 920
45 281
34 584
42 705

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽5514
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
₽35509
₽30705
₽42744
₽50106
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
-
-
-
127 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
28 547
pensions
-
-
-
26 227
total
-
-
-
56 351
Employee
48 290
-
97 454
-
income
10 086
-
25 723
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
31 609
-
Employer
48 290
-
97 454
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
63 314
127 000
-
-
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.

9 497
19 051
-
-
total
9 497
19 051
-
-
Dividends
53 817
107 949
-
-
withholding
11 074
22 703
-
-
total
11 074
22 703
-
-
Income
127 000
127 000
127 000
127 000
Total tax
49 116
41 754
61 155
56 351
After tax
77 884
85 246
65 845
70 649
Living cost
35 140
35 140
35 140
35 140
Free-cash
42 744
50 106
30 705
35 509

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
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.
₽6677
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
₽81429
₽85882
₽85296
₽91388
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
-
-
-
127 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
19 050
pensions

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

-
-
-
5 168
total
-
-
-
28 374
Employee
22 772
-
120 149
-
income
2 278
-
12 014
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
17 070
-
Employer
22 772
-
120 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
99 760
127 000
-
-
income
9 976
12 700
-
-
total
9 976
12 700
-
-
Dividends
89 784
114 300
-
-
withholding
4 489
5 715
-
-
total
4 489
5 715
-
-
Income
127 000
127 000
127 000
127 000
Total tax
24 507
18 415
23 921
28 374
After tax
102 493
108 585
103 079
98 626
Living cost
17 197
17 197
17 197
17 197
Free-cash
85 296
91 388
85 882
81 429

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
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
₽34343
₽45897
₽39917
₽26837
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.

-
-
-
127 000
trade
-
-
-
11 554
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.

-
-
-
6 831
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.

-
-
-
33 809
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.

-
-
-
1 860
total
-
-
-
54 054
Employee

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

49 751
-
127 000
-
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.

226
-
1 860
-
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.

4 091
-
33 809
-
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.

6 831
-
6 831
-
total
11 148
-
42 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 249
127 000
-
-
trade
11 085
18 225
-
-
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.

638
1 047
-
-
income
11 588
19 051
-
-
chamber of commerce
266
338
-
-
total
23 577
38 661
-
-
Dividends
53 673
88 339
-
-
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.

717
1 194
-
-
withholding
13 038
21 705
-
-
total
13 755
22 899
-
-
Income
127 000
127 000
127 000
127 000
Total tax
48 480
61 560
42 500
54 054
After tax
78 520
65 440
84 500
72 946
Living cost
38 603
38 603
38 603
38 603
Free-cash
39 917
26 837
45 897
34 343

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
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.
₽7260
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
₽23906
₽23906
₽34150
₽31943
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
-
-
-
127 000
social contributions
-
-
-
11 864
income
-
-
-
34 272
total
-
-
-
46 136
Employee
78 213
-
127 000
-
social contributions
6 498
-
11 864
-
income
14 759
-
34 272
-
total
21 257
-
46 136
-
Employer
78 213
-
127 000
-
total
-
-
-
-
Corporate
48 787
127 000
-
-
income
6 098
15 874
-
-
total
6 098
15 874
-
-
Dividends
42 688
111 126
-
-
withholding
8 537
22 225
-
-
total
8 537
22 225
-
-
Income
127 000
127 000
127 000
127 000
Total tax
35 892
38 099
46 136
46 136
After tax
91 108
88 901
80 864
80 864
Living cost
56 958
56 958
56 958
56 958
Free-cash
34 150
31 943
23 906
23 906

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽8440
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
₽55567
₽57002
₽44465
₽40971
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.

-
-
-
127 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
122 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
24 504
-
total
9 573
-
29 103
-
Employer
45 869
-
122 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
76 535
127 000
-
-
income
26 787
44 450
-
-
total
26 787
44 450
-
-
Dividends
49 749
82 550
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
127 000
127 000
127 000
127 000
Total tax
46 239
49 733
33 702
35 137
After tax
80 761
77 267
93 298
91 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
44 465
40 971
57 002
55 567

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
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.
₽8969
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
₽50632
₽38859
₽52130
₽51185
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
-
-
-
127 000
income
-
-
-
30 972
pensions
-
-
-
8 044
total
-
-
-
39 016
Employee
51 271
-
111 405
-
income
9 337
-
23 123
-
pensions
3 913
-
10 261
-
health
669
-
1 810
-
total
13 919
-
35 194
-
Employer
51 271
-
111 405
-
pensions
5 180
-
13 478
-
health
974
-
2 117
-
total
6 154
-
15 595
-
Corporate
69 574
127 000
-
-
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.

13 219
24 131
-
-
total
13 219
24 131
-
-
Dividends
56 355
102 869
-
-
withholding
4 226
14 332
-
-
total
4 226
14 332
-
-
Income
127 000
127 000
127 000
127 000
Total tax
37 518
38 463
50 789
39 016
After tax
89 482
88 537
76 211
87 984
Living cost
37 352
37 352
37 352
37 352
Free-cash
52 130
51 185
38 859
50 632

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽63264
₽43555
₽6648
-₽13441
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
-
-
-
127 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
33 070
pensions
-
-
-
4 145
total
-
-
-
40 008
Employee
37 325
-
111 435
-
income
5 121
-
23 794
-
pensions
4 203
-
7 599
-
health
4 274
-
12 759
-
total
13 598
-
44 152
-
Employer
37 325
-
111 435
-
pensions
6 069
-
10 974
-
accident
623
-
1 861
-
unemployment
914
-
2 730
-
total
7 606
-
15 565
-
Corporate
82 068
127 000
-
-
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.

73 861
114 300
-
-
total
73 861
114 300
-
-
Dividends
8 207
12 700
-
-
withholding
1 559
2 413
-
-
total
1 559
2 413
-
-
Income
127 000
127 000
127 000
127 000
Total tax
96 624
116 713
59 717
40 008
After tax
30 376
10 287
67 283
86 992
Living cost
23 728
23 728
23 728
23 728
Free-cash
6 648
-13 441
43 555
63 264

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽4454
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
₽58377
₽71323
₽88693
₽93370
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.

-
-
-
127 000
work injury
-
-
-
635
unemployment
-
-
-
1 524
income
-
-
-
20 197
health insurance
-
-
-
9 398
pensions
-
-
-
23 368
total
-
-
-
55 122
Employee

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

21 601
-
127 000
-
income
2 160
-
20 197
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
42 176
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 399
127 000
-
-
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%.

1 054
1 270
-
-
total
1 054
1 270
-
-
Dividends
104 345
125 730
-
-
withholding
15 652
18 859
-
-
total
15 652
18 859
-
-
Income
127 000
127 000
127 000
127 000
Total tax
24 806
20 129
42 176
55 122
After tax
102 194
106 871
84 824
71 878
Living cost
13 501
13 501
13 501
13 501
Free-cash
88 693
93 370
71 323
58 377

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽3735
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

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Rome , Italy
₽22006
₽16195
₽22512
₽27063
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
-
-
-
127 000
social contributions
-
-
-
32 665
municipal
-
-
-
848
national
-
-
-
28 864
regional
-
-
-
2 784
total
-
-
-
65 161
Employee
84 257
-
127 000
-
national
14 239
-
25 005
-
social contributions
28 411
-
42 824
-
municipal
503
-
757
-
regional
1 272
-
2 386
-
total
44 425
-
70 972
-
Employer
84 257
-
127 000
-
total
-
-
-
-
Corporate
42 743
127 000
-
-
nationa
10 258
30 479
-
-
municipal
2 061
6 121
-
-
total
12 319
36 600
-
-
Dividends
30 425
90 400
-
-
withholding
7 911
23 504
-
-
total
7 911
23 504
-
-
Income
127 000
127 000
127 000
127 000
Total tax
64 655
60 104
70 972
65 161
After tax
62 345
66 896
56 028
61 839
Living cost
39 833
39 833
39 833
39 833
Free-cash
22 512
27 063
16 195
22 006

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
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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