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
₽ 128000
per

Your estimated
City
free-cash

Dresden , Germany
₽34931
₽55090
₽45779
₽42111
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.

-
-
-
128 000
health

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

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

-
-
-
6 699
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.

-
-
-
34 606
trade
-
-
-
12 979
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.

-
-
-
1 904
total
-
-
-
56 188
Employee

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

37 505
-
128 000
-
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.

58
-
1 904
-
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.

1 048
-
34 606
-
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.

6 699
-
6 699
-
total
7 805
-
43 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 495
128 000
-
-
trade
14 252
20 160
-
-
chamber of commerce
279
333
-
-
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.

746
1 055
-
-
income
13 575
19 200
-
-
total
28 852
40 748
-
-
Dividends
61 643
87 252
-
-
withholding
15 037
21 440
-
-
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.

826
1 180
-
-
total
15 863
22 620
-
-
Income
128 000
128 000
128 000
128 000
Total tax
52 520
63 368
43 209
56 188
After tax
75 480
64 632
84 791
71 812
Living cost
29 701
29 701
29 701
29 701
Free-cash
45 779
34 931
55 090
42 111

Estimated living cost  is ₽29701 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7000
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
₽28155
₽25734
₽27294
₽24730
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
-
-
-
128 000
social contributions
-
-
-
1 376
national
-
-
-
21 161
pensions
-
-
-
15 360
municipal
-
-
-
13 656
total
-
-
-
51 553
Employee
80 170
-
110 655
-
national
15 345
-
21 929
-
municipal
9 902
-
14 152
-
pensions
3 207
-
4 426
-
total
28 454
-
40 507
-
Employer
80 170
-
110 655
-
pensions
6 414
-
8 852
-
social contributions
862
-
1 190
-
total
7 276
-
10 042
-
Corporate
35 263
128 000
-
-
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%.

7 053
25 600
-
-
total
7 053
25 600
-
-
Dividends
28 210
102 400
-
-
withholding
6 206
22 528
-
-
total
6 206
22 528
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 989
48 128
50 549
51 553
After tax
79 011
79 872
77 451
76 447
Living cost
51 717
51 717
51 717
51 717
Free-cash
27 294
28 155
25 734
24 730

Estimated living cost  is ₽51717 per week

₽35151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
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.
₽10984
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
₽82001
₽51405
₽73956
₽17707
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.

-
-
-
128 000
microenterprise
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
37 570
income
-
-
-
19 682
surtax
-
-
-
32 641
total
-
-
-
89 893
Employee
28 653
-
103 150
-
surtax
-
-
-
-
income
5 101
-
19 998
-
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.

3 152
-
11 347
-
total
8 253
-
31 345
-
Employer
28 653
-
103 150
-
surtax
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

6 902
-
24 850
-
total
6 902
-
24 850
-
Corporate
92 445
128 000
-
-
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%.

18 489
25 599
-
-
total
18 489
25 599
-
-
Dividends

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

73 956
102 401
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
33 644
25 599
56 195
89 893
After tax
94 356
102 401
71 805
38 107
Living cost
20 400
20 400
20 400
20 400
Free-cash
73 956
82 001
51 405
17 707

Estimated living cost  is ₽20400 per week

₽13015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4980
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
₽21628
₽31412
₽15618
₽32699
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
-
-
-
128 000
health
-
-
-
12 092
income
-
-
-
30 642
pensions
-
-
-
11 489
total
-
-
-
54 223
Employee
83 737
83 737
109 777
-
income

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

13 706
13 706
13 706
-
pensions
15 073
11 489
11 489
-
health
12 853
10 932
12 092
-
total
41 632
36 127
37 287
-
Employer
83 737
83 737
109 777
-
unemployment
3 015
3 015
3 746
-
pensions
5 828
5 828
7 244
-
health
5 821
5 821
7 233
-
total
14 664
14 664
18 223
-
Corporate
30 626
29 599
-
-
income
6 126
5 919
-
-
total
6 126
5 919
-
-
Dividends
24 501
23 680
-
-
withholding
3 675
3 552
-
-
income
5 207
5 032
-
-
total
8 882
8 584
-
-
Income
128 000
128 000
128 000
128 000
Total tax
71 304
65 294
55 510
54 223
After tax
56 696
62 706
72 490
73 777
Living cost
41 078
41 078
41 078
41 078
Free-cash
15 618
21 628
31 412
32 699

Estimated living cost  is ₽41078 per week

₽29111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7611
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
₽28958
₽26096
₽28039
₽27200
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
-
-
-
128 000
health
-
-
-
5 597
national
-
-
-
3 463
pensions
-
-
-
9 697
unemployment
-
-
-
90
other
-
-
-
10 424
accident
-
-
-
179
municipal
-
-
-
30 420
total
-
-
-
59 870
Employee
58 321
-
99 815
-
national
-
-
3 024
-
municipal
17 391
-
29 765
-
total
17 391
-
32 789
-
Employer
58 321
-
99 815
-
unemployment
1 540
-
2 368
-
pensions
6 304
-
9 697
-
accident
117
-
179
-
other
6 777
-
10 424
-
health
3 587
-
5 517
-
total
18 325
-
28 185
-
Corporate
51 355
128 000
-
-
income
11 298
28 160
-
-
total
11 298
28 160
-
-
Dividends
40 057
99 840
-
-
withholding
12 017
29 952
-
-
total
12 017
29 952
-
-
Income
128 000
128 000
128 000
128 000
Total tax
59 031
58 112
60 974
59 870
After tax
68 969
69 888
67 026
68 130
Living cost
40 930
40 930
40 930
40 930
Free-cash
28 039
28 958
26 096
27 200

Estimated living cost  is ₽40930 per week

₽27126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
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.
₽9165
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
₽25454
₽46270
₽39229
₽32714
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.

-
-
-
128 000
health

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

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

-
-
-
6 699
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.

-
-
-
34 606
trade
-
-
-
13 556
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.

-
-
-
1 904
total
-
-
-
56 765
Employee

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

49 727
-
128 000
-
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.

234
-
1 904
-
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.

4 272
-
34 606
-
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.

6 699
-
6 699
-
total
11 205
-
43 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 273
128 000
-
-
trade
12 875
21 055
-
-
chamber of commerce
261
331
-
-
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.

646
1 055
-
-
income
11 742
19 200
-
-
total
25 524
41 641
-
-
Dividends
52 750
86 358
-
-
withholding
12 816
21 217
-
-
surtax

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

705
1 167
-
-
total
13 521
22 384
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 250
64 025
43 209
56 765
After tax
77 750
63 975
84 791
71 235
Living cost
38 521
38 521
38 521
38 521
Free-cash
39 229
25 454
46 270
32 714

Estimated living cost  is ₽38521 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
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.
₽8121
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
₽61717
₽56439
₽57651
₽57784
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
-
-
-
128 000
health
-
-
-
3 264
social contributions
-
-
-
15 865
income
-
-
-
19 282
total
-
-
-
38 411
Employee
75 402
75 402
117 388
-
income
7 918
6 980
18 707
-
social contributions
3 664
6 258
8 441
-
health
750
1 282
1 995
-
total
12 332
14 520
29 143
-
Employer
75 402
75 402
117 388
-
social contributions
3 664
6 258
8 441
-
health
817
1 396
2 172
-
total
4 481
7 654
10 613
-
Corporate
79 382
44 945
-
-
income
9 922
5 618
-
-
total
9 922
5 618
-
-
Dividends
69 460
39 327
-
-
withholding
11 809
6 686
-
-
total
11 809
6 686
-
-
Income
128 000
128 000
128 000
128 000
Total tax
38 544
34 478
39 756
38 411
After tax
89 456
93 522
88 244
89 589
Living cost
31 805
31 805
31 805
31 805
Free-cash
57 651
61 717
56 439
57 784

Estimated living cost  is ₽31805 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽7045
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
₽54144
₽56348
₽54516
₽70818
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
-
-
-
128 000
health
-
-
-
8 960
income
-
-
-
15 648
pensions
-
-
-
12 800
unemployment
-
-
-
1 920
total
-
-
-
39 328
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.

25 773
10 257
107 113
-
unemployment
387
154
1 607
-
income
3 151
1 254
13 095
-
pensions
2 577
1 026
10 711
-
health
1 804
718
7 498
-
total
7 919
3 152
32 911
-
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.

25 773
10 257
107 113
-
pensions
5 026
2 000
20 887
-
total
5 026
2 000
20 887
-
Corporate
97 201
115 742
-
-
income
8 748
10 417
-
-
total
8 748
10 417
-
-
Dividends
88 453
105 326
-
-
withholding
16 806
20 012
-
-
social contributions
17 131
20 421
-
-
total
33 937
40 433
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 630
56 002
53 798
39 328
After tax
72 370
71 998
74 202
88 672
Living cost
17 854
17 854
17 854
17 854
Free-cash
54 516
54 144
56 348
70 818

Estimated living cost  is ₽17854 per week

₽12184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
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.
₽3853
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
₽78716
₽50092
₽72623
₽44925
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
-
-
-
128 000
health
-
-
-
16 640
income
-
-
-
17 151
pensions
-
-
-
25 599
total
-
-
-
59 390
Employee
27 817
-
95 666
-
unemployment
445
-
1 531
-
income
3 132
-
18 445
-
pensions
556
-
1 913
-
total
4 133
-
21 889
-
Employer
27 817
-
95 666
-
unemployment
223
-
765
-
pensions
5 564
-
19 133
-
health
3 616
-
12 436
-
total
9 403
-
32 334
-
Corporate
90 780
128 000
-
-
income
18 156
25 599
-
-
total
18 156
25 599
-
-
Dividends
72 624
102 401
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
31 692
25 599
54 223
59 390
After tax
96 308
102 401
73 777
68 610
Living cost
23 685
23 685
23 685
23 685
Free-cash
72 623
78 716
50 092
44 925

Estimated living cost  is ₽23685 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
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
-₽11347
₽46200
₽7038
₽65951
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
-
-
-
128 000
health
-
-
-
2 153
income
-
-
-
33 459
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
40 334
Employee
34 159
-
112 491
-
income
4 686
-
24 164
-
pensions
3 846
-
7 531
-
health
3 911
-
12 880
-
total
12 443
-
44 575
-
Employer
34 159
-
112 491
-
unemployment
837
-
2 756
-
pensions
5 555
-
10 875
-
accident
570
-
1 879
-
total
6 962
-
15 510
-
Corporate
86 879
128 000
-
-
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.

78 191
115 200
-
-
total
78 191
115 200
-
-
Dividends
8 688
12 800
-
-
withholding
1 651
2 432
-
-
total
1 651
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
99 247
117 632
60 085
40 334
After tax
28 753
10 368
67 915
87 666
Living cost
21 715
21 715
21 715
21 715
Free-cash
7 038
-11 347
46 200
65 951

Estimated living cost  is ₽21715 per week

₽15915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽4144
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
₽113521
₽94321
₽112007
₽118641
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%.

-
-
-
128 000
microenterprise

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

-
-
-
1 280
total
-
-
-
1 280
Employee
10 098
-
128 000
-
income
2 019
-
25 600
-
total
2 019
-
25 600
-
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%.

117 902
128 000
-
-
total
-
-
-
-
Dividends
117 902
128 000
-
-
withholding
5 895
6 400
-
-
total
5 895
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
7 914
6 400
25 600
1 280
After tax
120 086
121 600
102 400
126 720
Living cost
8 079
8 079
8 079
8 079
Free-cash
112 007
113 521
94 321
118 641

Estimated living cost  is ₽8079 per week

₽5006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
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.
₽2178
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
₽67913
₽47490
₽61290
₽42197
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
-
-
-
128 000
health
-
-
-
5 633
income
-
-
-
17 243
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.

-
-
-
30 720
other
-
-
-
6 079
total
-
-
-
59 675
Employee
35 604
-
102 237
-
unemployment
355
-
1 022
-
income
6 130
-
19 008
-
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.

2 492
-
7 157
-
health
499
-
1 431
-
total
9 476
-
28 618
-
Employer
35 604
-
102 237
-
unemployment
355
-
1 022
-
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.

6 053
-
17 380
-
accident
285
-
819
-
other
1 781
-
5 112
-
health
499
-
1 431
-
total
8 973
-
25 764
-
Corporate
83 423
128 000
-
-
income
17 520
26 880
-
-
total
17 520
26 880
-
-
Dividends
65 904
101 120
-
-
withholding
4 613
7 079
-
-
total
4 613
7 079
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 582
33 959
54 382
59 675
After tax
87 418
94 041
73 618
68 325
Living cost
26 128
26 128
26 128
26 128
Free-cash
61 290
67 913
47 490
42 197

Estimated living cost  is ₽26128 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
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.
₽5482
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
₽23119
₽10928
₽17005
₽22759
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
-
-
-
128 000
income
-
-
-
31 868
pensions
-
-
-
7 918
total
-
-
-
39 786
Employee
92 610
-
112 226
-
income
16 694
-
23 979
-
pensions
8 934
-
10 064
-
health
1 526
-
1 800
-
total
27 154
-
35 843
-
Employer
92 610
-
112 226
-
pensions
10 935
-
13 642
-
health
1 759
-
2 132
-
total
12 694
-
15 774
-
Corporate
22 697
128 000
-
-
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.

4 313
24 320
-
-
total
4 313
24 320
-
-
Dividends
18 384
103 680
-
-
withholding
1 379
15 106
-
-
total
1 379
15 106
-
-
Income
128 000
128 000
128 000
128 000
Total tax
45 540
39 426
51 617
39 786
After tax
82 460
88 574
76 383
88 214
Living cost
65 455
65 455
65 455
65 455
Free-cash
17 005
23 119
10 928
22 759

Estimated living cost  is ₽65455 per week

₽49047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
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.
₽8186
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
₽96696
₽91545
₽92181
₽86991
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
-
-
-
128 000
health
-
-
-
3 904
income
-
-
-
19 200
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
28 265
Employee
16 874
-
121 339
-
income
1 687
-
12 134
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
pensions

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

1 482
-
2 981
-
health
776
-
1 562
-
total
4 131
-
17 050
-
Employer
16 874
-
121 339
-
unemployment
101
-
204
-
pensions

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

1 860
-
3 741
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
health
1 165
-
2 343
-
total
3 312
-
6 661
-
Corporate
107 814
128 000
-
-
income
10 781
12 800
-
-
total
10 781
12 800
-
-
Dividends
97 033
115 200
-
-
withholding
4 851
5 760
-
-
total
4 851
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
23 075
18 560
23 711
28 265
After tax
104 925
109 440
104 289
99 735
Living cost
12 744
12 744
12 744
12 744
Free-cash
92 181
96 696
91 545
86 991

Estimated living cost  is ₽12744 per week

₽7440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
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.
₽4056
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
₽8331
₽18115
₽10798
₽19402
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
-
-
-
128 000
health
-
-
-
12 092
income
-
-
-
30 642
pensions
-
-
-
11 489
total
-
-
-
54 223
Employee
90 912
83 737
109 777
-
income

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

13 706
13 706
13 706
-
pensions
11 489
11 489
11 489
-
health
11 342
10 932
12 092
-
total
36 537
36 127
37 287
-
Employer
90 912
83 737
109 777
-
unemployment
3 273
3 015
3 746
-
pensions
6 327
5 828
7 244
-
health
6 318
5 821
7 233
-
total
15 918
14 664
18 223
-
Corporate
21 171
29 599
-
-
income
4 233
5 919
-
-
total
4 233
5 919
-
-
Dividends
16 937
23 680
-
-
withholding
2 540
3 552
-
-
income
3 599
5 032
-
-
total
6 139
8 584
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 827
65 294
55 510
54 223
After tax
65 173
62 706
72 490
73 777
Living cost
54 375
54 375
54 375
54 375
Free-cash
10 798
8 331
18 115
19 402

Estimated living cost  is ₽54375 per week

₽40110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
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.
₽8785
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
₽63949
₽40775
₽55324
₽40360
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
-
-
-
128 000
health
-
-
-
17 280
social contributions
-
-
-
34 792
income
-
-
-
11 389
solidarity contribution
-
-
-
-
total
-
-
-
63 461
Employee
35 557
-
95 522
-
income
4 267
-
11 463
-
solidarity contribution
-
-
-
-
social contributions
2 311
-
6 209
-
health
4 800
-
12 896
-
total
11 378
-
30 568
-
Employer
35 557
-
95 522
-
social contributions
8 889
-
23 881
-
health
3 200
-
8 597
-
total
12 089
-
32 478
-
Corporate
80 354
128 000
-
-
income
15 267
24 320
-
-
total
15 267
24 320
-
-
Dividends
65 087
103 680
-
-
withholding
9 763
15 552
-
-
total
9 763
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 497
39 872
63 046
63 461
After tax
79 503
88 128
64 954
64 539
Living cost
24 179
24 179
24 179
24 179
Free-cash
55 324
63 949
40 775
40 360

Estimated living cost  is ₽24179 per week

₽16795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
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
₽26915
₽16102
₽21798
₽22194
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
-
-
-
128 000
social contributions
-
-
-
32 922
national
-
-
-
29 282
regional
-
-
-
1 464
municipal
-
-
-
761
total
-
-
-
64 429
Employee
87 148
-
128 000
-
regional
822
-
1 289
-
national
15 101
-
25 391
-
municipal
461
-
679
-
social contributions
29 386
-
43 162
-
total
45 770
-
70 521
-
Employer
87 148
-
128 000
-
total
-
-
-
-
Corporate
40 852
128 000
-
-
nationa
9 805
30 720
-
-
municipal
1 593
4 993
-
-
total
11 398
35 713
-
-
Dividends
29 455
92 287
-
-
withholding
7 657
23 995
-
-
total
7 657
23 995
-
-
Income
128 000
128 000
128 000
128 000
Total tax
64 825
59 708
70 521
64 429
After tax
63 175
68 292
57 479
63 571
Living cost
41 377
41 377
41 377
41 377
Free-cash
21 798
26 915
16 102
22 194

Estimated living cost  is ₽41377 per week

₽28843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
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.
₽9185
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
₽58876
₽37349
₽55823
₽39466
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
-
-
-
128 000
health
-
-
-
9 088
income
-
-
-
28 119
pensions
-
-
-
25 599
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
3 867
total
-
-
-
66 896
Employee
32 427
-
105 743
-
surtax
106
-
3 532
-
unemployment
2 257
-
7 360
-
income
5 435
-
26 115
-
pensions
2 162
-
7 053
-
health
828
-
2 696
-
other
-
-
-
-
total
10 788
-
46 756
-
Employer
32 427
-
105 743
-
unemployment
1 027
-
3 351
-
pensions
4 323
-
14 096
-
other
-
-
-
-
health
1 476
-
4 810
-
total
6 826
-
22 257
-
Corporate
88 747
128 000
-
-
income
23 074
33 279
-
-
total
23 074
33 279
-
-
Dividends
65 673
94 721
-
-
withholding
9 851
14 207
-
-
total
9 851
14 207
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 539
47 486
69 013
66 896
After tax
77 461
80 514
58 987
61 104
Living cost
21 638
21 638
21 638
21 638
Free-cash
55 823
58 876
37 349
39 466

Estimated living cost  is ₽21638 per week

₽13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
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.
₽5912
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
₽43857
₽31666
₽43485
₽43497
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
-
-
-
128 000
income
-
-
-
31 868
pensions
-
-
-
7 918
total
-
-
-
39 786
Employee
62 064
-
112 226
-
income
11 178
-
23 979
-
pensions
5 268
-
10 064
-
health
901
-
1 800
-
total
17 347
-
35 843
-
Employer
62 064
-
112 226
-
pensions
6 719
-
13 642
-
health
1 179
-
2 132
-
total
7 898
-
15 774
-
Corporate
58 038
128 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

11 027
24 320
-
-
total
11 027
24 320
-
-
Dividends
47 011
103 680
-
-
withholding
3 526
15 106
-
-
total
3 526
15 106
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 798
39 426
51 617
39 786
After tax
88 202
88 574
76 383
88 214
Living cost
44 717
44 717
44 717
44 717
Free-cash
43 485
43 857
31 666
43 497

Estimated living cost  is ₽44717 per week

₽33502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽7395
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
-₽21066
₽19825
₽12989
₽26172
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
-
-
-
128 000
health
-
-
-
288
national
-
-
-
1 207
pensions
-
-
-
11 778
regional
-
-
-
5 048
city
-
-
-
1 349
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.

-
-
-
2 560
total
-
-
-
22 230
Employee
93 150
-
114 568
-
regional
3 050
-
4 350
-
national
441
-
942
-
unemployment
-
-
-
-
pensions
7 826
-
9 623
-
health
211
-
258
-
city
1 000
-
1 231
-
total
12 528
-
16 404
-
Employer
93 150
-
114 568
-
unemployment
-
-
-
-
pensions
7 826
-
9 623
-
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.

1 862
-
2 292
-
health
211
-
258
-
total
9 899
-
12 173
-
Corporate
23 927
128 000
-
-
national
2 034
10 880
-
-
regional
5 060
27 072
-
-
total
7 094
37 952
-
-
Dividends
16 833
90 048
-
-
withholding
5 892
31 516
-
-
total
5 892
31 516
-
-
Income
128 000
128 000
128 000
128 000
Total tax
35 413
69 468
28 577
22 230
After tax
92 587
58 532
99 423
105 770
Living cost
79 598
79 598
79 598
79 598
Free-cash
12 989
-21 066
19 825
26 172

Estimated living cost  is ₽79598 per week

₽51762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽977
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.
₽19716
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
₽18393
₽39870
₽34296
₽25737
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.

-
-
-
128 000
health

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

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

-
-
-
6 699
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.

-
-
-
34 606
trade
-
-
-
14 133
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.

-
-
-
1 904
total
-
-
-
57 342
Employee

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

58 931
-
128 000
-
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.

381
-
1 904
-
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.

6 930
-
34 606
-
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.

6 699
-
6 699
-
total
14 010
-
43 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 069
128 000
-
-
trade
11 846
21 952
-
-
chamber of commerce
246
329
-
-
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.

569
1 055
-
-
income
10 361
19 200
-
-
total
23 022
42 536
-
-
Dividends
46 047
85 463
-
-
withholding
11 139
20 994
-
-
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.

612
1 156
-
-
total
11 751
22 150
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 783
64 686
43 209
57 342
After tax
79 217
63 314
84 791
70 658
Living cost
44 921
44 921
44 921
44 921
Free-cash
34 296
18 393
39 870
25 737

Estimated living cost  is ₽44921 per week

₽32808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
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.
₽7936
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
₽30964
₽41809
₽36755
₽39307
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
-
-
-
128 000
health
-
-
-
4 018
social contributions
-
-
-
3 647
income
-
-
-
16 425
pensions
-
-
-
27 087
other
-
-
-
3 967
surtax
-
-
-
-
total
-
-
-
55 144
Employee
41 967
-
101 677
-
surtax
-
-
-
-
income
2 477
-
17 441
-
social contributions
1 197
-
2 895
-
pensions
4 745
-
5 984
-
total
8 419
-
26 320
-
Employer
41 967
-
101 677
-
unemployment
1 699
-
4 118
-
pensions
6 894
-
10 269
-
social contributions
127
-
305
-
other
1 448
-
3 508
-
health
2 938
-
8 122
-
total
13 106
-
26 322
-
Corporate
72 927
128 000
-
-
surtax
-
-
-
-
income
20 419
35 840
-
-
total
20 419
35 840
-
-
Dividends
52 508
92 160
-
-
withholding
6 721
11 796
-
-
surtax
-
-
-
-
social contributions
9 031
15 851
-
-
total
15 752
27 647
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 696
63 487
52 642
55 144
After tax
70 304
64 513
75 358
72 856
Living cost
33 549
33 549
33 549
33 549
Free-cash
36 755
30 964
41 809
39 307

Estimated living cost  is ₽33549 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
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.
₽9098
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
₽34288
₽45133
₽39732
₽42631
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
-
-
-
128 000
health
-
-
-
4 018
social contributions
-
-
-
3 647
income
-
-
-
16 425
pensions
-
-
-
27 087
other
-
-
-
3 967
surtax
-
-
-
-
total
-
-
-
55 144
Employee
37 462
-
101 677
-
surtax
-
-
-
-
income
1 932
-
17 441
-
social contributions
1 068
-
2 895
-
pensions
4 237
-
5 984
-
total
7 237
-
26 320
-
Employer
37 462
-
101 677
-
unemployment
1 517
-
4 118
-
pensions
6 156
-
10 269
-
social contributions
112
-
305
-
other
1 293
-
3 508
-
health
2 622
-
8 122
-
total
11 700
-
26 322
-
Corporate
78 839
128 000
-
-
surtax
-
-
-
-
income
22 075
35 840
-
-
total
22 075
35 840
-
-
Dividends
56 764
92 160
-
-
withholding
7 267
11 796
-
-
surtax
-
-
-
-
social contributions
9 764
15 851
-
-
total
17 031
27 647
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 043
63 487
52 642
55 144
After tax
69 957
64 513
75 358
72 856
Living cost
30 225
30 225
30 225
30 225
Free-cash
39 732
34 288
45 133
42 631

Estimated living cost  is ₽30225 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽57300
₽60083
₽57808
₽61408
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
-
-
-
128 000
health
-
-
-
8 934
social contributions
-
-
-
17 665
income
-
-
-
19 200
total
-
-
-
45 799
Employee
33 247
-
128 000
-
income
5 545
-
20 525
-
social contributions
4 589
-
17 665
-
health
2 320
-
8 934
-
total
12 454
-
47 124
-
Employer
33 247
-
128 000
-
total
-
-
-
-
Corporate
94 753
128 000
-
-
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%.

4 738
6 399
-
-
total
4 738
6 399
-
-
Dividends
90 015
121 601
-
-
withholding
13 502
18 240
-
-
social contributions
12 423
16 781
-
-
health
6 282
8 487
-
-
total
32 207
43 508
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 399
49 907
47 124
45 799
After tax
78 601
78 093
80 876
82 201
Living cost
20 793
20 793
20 793
20 793
Free-cash
57 808
57 300
60 083
61 408

Estimated living cost  is ₽20793 per week

₽13915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
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.
₽5115
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
₽36698
₽429
₽35182
₽29842
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
-
-
-
128 000
health
-
-
-
8 763
chamber of commerce
-
-
-
512
income
-
-
-
26 930
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
194
total
-
-
-
63 606
Employee
49 005
39 077
99 246
-
unemployment
1 470
1 172
2 977
-
income
5 579
2 882
22 412
-
pensions
5 019
4 001
10 162
-
health
1 896
1 513
3 841
-
other
489
391
992
-
total
14 453
9 959
40 384
-
Employer
49 005
39 077
99 246
-
chamber of commerce
195
156
396
-
surtax
194
194
194
-
payroll
1 470
1 172
2 977
-
unemployment
1 470
1 172
2 977
-
pensions
6 150
4 905
12 455
-
accident
636
508
1 290
-
other
2 328
1 855
4 713
-
health
1 852
1 477
3 751
-
total
14 295
11 439
28 753
-
Corporate
64 700
77 482
95 525
-
income

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

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

16 174
19 371
23 882
-
total
16 174
19 371
23 882
-
Dividends
48 526
58 111
-
-
withholding
13 344
15 981
-
-
total
13 344
15 981
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 266
56 750
93 019
63 606
After tax
69 734
71 250
34 981
64 394
Living cost
34 552
34 552
34 552
34 552
Free-cash
35 182
36 698
429
29 842

Estimated living cost  is ₽34552 per week

₽23045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
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
₽35927
₽11807
₽21221
₽21285
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
-
-
-
128 000
communal

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

-
-
-
6 463
social contributions
-
-
-
20 278
national
-
-
-
44 221
total
-
-
-
70 962
Employee

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

70 141
-
99 139
-
national
21 564
-
33 448
-
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.

610
-
863
-
communal

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

3 658
-
5 171
-
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.

5 261
-
7 436
-
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.

3 296
-
4 660
-
total
34 389
-
51 578
-
Employer

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

70 141
-
99 139
-
surtax
7 953
-
11 243
-
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.

1 023
-
1 448
-
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.

6 215
-
8 783
-
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.

912
-
1 290
-
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.

4 313
-
6 098
-
total
20 416
-
28 862
-
Corporate
37 442
128 000
-
-
surtax
149
512
-
-
income
7 488
25 599
-
-
total
7 637
26 111
-
-
Dividends
29 805
101 889
-
-
withholding

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

8 584
30 209
-
-
total
8 584
30 209
-
-
Income
128 000
128 000
128 000
128 000
Total tax
71 026
56 320
80 440
70 962
After tax
56 974
71 680
47 560
57 038
Living cost
35 753
35 753
35 753
35 753
Free-cash
21 221
35 927
11 807
21 285

Estimated living cost  is ₽35753 per week

₽23030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
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.
₽9038
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
₽50447
₽31335
₽42951
₽36049
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
-
-
-
128 000
income
-
-
-
29 272
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
56 538
Employee
48 811
-
99 025
-
unemployment
757
-
1 409
-
income
10 299
-
26 505
-
pensions
2 294
-
4 272
-
other
48
-
91
-
total
13 398
-
32 277
-
Employer
48 811
-
99 025
-
unemployment
2 685
-
4 998
-
pensions
11 519
-
21 450
-
accident
966
-
1 799
-
other
389
-
728
-
total
15 559
-
28 975
-
Corporate
63 631
128 000
-
-
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.

9 544
19 200
-
-
total
9 544
19 200
-
-
Dividends
54 087
108 800
-
-
withholding
11 135
22 940
-
-
total
11 135
22 940
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 636
42 140
61 252
56 538
After tax
78 364
85 860
66 748
71 462
Living cost
35 413
35 413
35 413
35 413
Free-cash
42 951
50 447
31 335
36 049

Estimated living cost  is ₽35413 per week

₽26078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽6312
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
₽23731
₽20107
₽13829
₽15004
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
-
-
-
128 000
health
-
-
-
8 993
communal
-
-
-
8 089
income
-
-
-
16 016
pensions
-
-
-
19 185
surtax
-
-
-
6 345
accident
-
-
-
1 079
total
-
-
-
59 707
Employee
74 258
-
114 336
-
surtax
4 552
-
7 008
-
income
7 173
-
19 700
-
pensions
5 940
-
9 146
-
health
3 305
-
5 088
-
total
20 970
-
40 942
-
Employer
74 258
-
114 336
-
pensions
5 940
-
9 146
-
accident
668
-
1 029
-
health
2 265
-
3 487
-
total
8 873
-
13 662
-
Corporate
44 869
128 000
-
-
surtax
471
1 344
-
-
income
6 731
19 200
-
-
communal
3 029
8 640
-
-
total
10 231
29 184
-
-
Dividends
34 638
98 817
-
-
withholding
5 195
14 823
-
-
income
15 613
6 973
-
-
total
20 808
21 796
-
-
Income
128 000
128 000
128 000
128 000
Total tax
60 882
50 980
54 604
59 707
After tax
67 118
77 020
73 396
68 293
Living cost
53 289
53 289
53 289
53 289
Free-cash
13 829
23 731
20 107
15 004

Estimated living cost  is ₽53289 per week

₽39974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
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.
₽9520
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
₽58489
₽36962
₽55368
₽39079
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
-
-
-
128 000
health
-
-
-
9 088
income
-
-
-
28 119
pensions
-
-
-
25 599
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
3 867
total
-
-
-
66 896
Employee
33 022
-
105 743
-
surtax
117
-
3 532
-
unemployment
2 298
-
7 360
-
income
5 536
-
26 115
-
pensions
2 203
-
7 053
-
health
843
-
2 696
-
other
-
-
-
-
total
10 997
-
46 756
-
Employer
33 022
-
105 743
-
unemployment
1 048
-
3 351
-
pensions
4 403
-
14 096
-
other
-
-
-
-
health
1 502
-
4 810
-
total
6 953
-
22 257
-
Corporate
88 026
128 000
-
-
income
22 886
33 279
-
-
total
22 886
33 279
-
-
Dividends
65 139
94 721
-
-
withholding
9 771
14 207
-
-
total
9 771
14 207
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 607
47 486
69 013
66 896
After tax
77 393
80 514
58 987
61 104
Living cost
22 025
22 025
22 025
22 025
Free-cash
55 368
58 489
36 962
39 079

Estimated living cost  is ₽22025 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1915
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.
₽6303
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
₽40865
₽30631
₽38689
₽36690
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
-
-
-
128 000
social contributions
-
-
-
32 922
national
-
-
-
29 282
regional
-
-
-
1 930
municipal
-
-
-
761
total
-
-
-
64 895
Employee
54 394
-
128 000
-
regional
732
-
1 722
-
national
8 618
-
25 391
-
municipal
288
-
679
-
social contributions
18 342
-
43 162
-
total
27 980
-
70 954
-
Employer
54 394
-
128 000
-
total
-
-
-
-
Corporate
73 606
128 000
-
-
nationa
17 665
30 720
-
-
municipal
3 658
6 362
-
-
total
21 323
37 082
-
-
Dividends
52 283
90 917
-
-
withholding
13 593
23 638
-
-
total
13 593
23 638
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 896
60 720
70 954
64 895
After tax
65 104
67 280
57 046
63 105
Living cost
26 415
26 415
26 415
26 415
Free-cash
38 689
40 865
30 631
36 690

Estimated living cost  is ₽26415 per week

₽16427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
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.
₽6859
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
₽58333
₽35159
₽47704
₽34744
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
-
-
-
128 000
health
-
-
-
17 280
social contributions
-
-
-
34 792
income
-
-
-
11 389
solidarity contribution
-
-
-
-
total
-
-
-
63 461
Employee
43 815
-
95 522
-
income
5 258
-
11 463
-
solidarity contribution
-
-
-
-
social contributions
2 848
-
6 209
-
health
5 915
-
12 896
-
total
14 021
-
30 568
-
Employer
43 815
-
95 522
-
social contributions
10 954
-
23 881
-
health
3 943
-
8 597
-
total
14 897
-
32 478
-
Corporate
69 287
128 000
-
-
income
13 165
24 320
-
-
total
13 165
24 320
-
-
Dividends
56 123
103 680
-
-
withholding
8 418
15 552
-
-
total
8 418
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 501
39 872
63 046
63 461
After tax
77 499
88 128
64 954
64 539
Living cost
29 795
29 795
29 795
29 795
Free-cash
47 704
58 333
35 159
34 744

Estimated living cost  is ₽29795 per week

₽22157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5471
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
₽40072
₽3731
₽39584
₽33304
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
-
-
-
128 000
health
-
-
-
8 763
chamber of commerce
-
-
-
512
income
-
-
-
26 930
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
-
total
-
-
-
63 412
Employee
42 864
39 077
99 395
-
unemployment
1 286
1 172
2 981
-
income
3 818
2 882
22 462
-
pensions
4 390
4 001
10 179
-
health
1 658
1 513
3 846
-
other
428
391
994
-
total
11 580
9 959
40 462
-
Employer
42 864
39 077
99 395
-
chamber of commerce
171
156
398
-
surtax
-
-
-
-
payroll
1 286
1 172
2 981
-
unemployment
1 286
1 172
2 981
-
pensions
5 380
4 905
12 475
-
accident
556
508
1 291
-
other
2 036
1 855
4 721
-
health
1 621
1 477
3 757
-
total
12 336
11 245
28 604
-
Corporate
72 801
77 676
95 674
-
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.

18 201
19 420
23 919
-
total
18 201
19 420
23 919
-
Dividends
54 600
58 256
-
-
withholding
15 015
16 020
-
-
total
15 015
16 020
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 132
56 644
92 985
63 412
After tax
70 868
71 356
35 015
64 588
Living cost
31 284
31 284
31 284
31 284
Free-cash
39 584
40 072
3 731
33 304

Estimated living cost  is ₽31284 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
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.
₽8765
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
₽109011
₽89811
₽106651
₽114131
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%.

-
-
-
128 000
microenterprise

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

-
-
-
1 280
total
-
-
-
1 280
Employee
15 736
-
128 000
-
income
3 147
-
25 600
-
total
3 147
-
25 600
-
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%.

112 264
128 000
-
-
total
-
-
-
-
Dividends
112 264
128 000
-
-
withholding
5 613
6 400
-
-
total
5 613
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
8 760
6 400
25 600
1 280
After tax
119 240
121 600
102 400
126 720
Living cost
12 589
12 589
12 589
12 589
Free-cash
106 651
109 011
89 811
114 131

Estimated living cost  is ₽12589 per week

₽8519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
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.
₽3119
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
₽61827
₽34943
₽53626
₽38485
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.

-
-
-
128 000
health
-
-
-
12 594
income
-
-
-
27 052
pensions
-
-
-
23 376
unemployment
-
-
-
192
total
-
-
-
63 214
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.

43 361
-
110 756
-
unemployment
61
-
154
-
income
7 478
-
25 035
-
pensions
6 721
-
17 168
-
health
2 801
-
7 155
-
total
17 061
-
49 512
-
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.

43 361
-
110 756
-
unemployment
26
-
67
-
pensions
3 837
-
9 801
-
health
2 888
-
7 376
-
total
6 751
-
17 244
-
Corporate
77 887
128 000
-
-
income
14 799
24 319
-
-
total
14 799
24 319
-
-
Dividends
63 088
103 681
-
-
withholding
9 462
15 553
-
-
total
9 462
15 553
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 073
39 872
66 756
63 214
After tax
79 927
88 128
61 244
64 786
Living cost
26 301
26 301
26 301
26 301
Free-cash
53 626
61 827
34 943
38 485

Estimated living cost  is ₽26301 per week

₽18050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽6057
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
₽32762
₽69133
-₽27891
₽43345
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
-
-
-
128 000
social contributions
-
-
-
14 592
income
-
-
-
24 950
total
-
-
-
39 542
Employee
64 685
-
-
-
income
14 268
-
-
-
social contributions
5 304
-
756
-
total
19 572
-
756
-
Employer
64 685
-
-
-
social contributions
91 206
-
12 998
-
total
91 206
-
12 998
-
Corporate
-
128 000
-
-
income
-
28 160
-
-
total
-
28 160
-
-
Dividends
-
99 840
-
-
income
-
21 965
-
-
total
-
21 965
-
-
Income
128 000
128 000
128 000
128 000
Total tax
110 778
50 125
13 754
39 542
After tax
17 222
77 875
114 246
88 458
Living cost
45 113
45 113
45 113
45 113
Free-cash
-27 891
32 762
69 133
43 345

Estimated living cost  is ₽45113 per week

₽29271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
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.
₽11024
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
₽42048
₽30958
₽41061
₽39298
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.

-
-
-
128 000
social contributions

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

-
-
-
44 479
income
-
-
-
13 465
surtax
-
-
-
-
total
-
-
-
57 944
Employee
45 099
-
103 433
-
surtax
-
-
-
-
income
9 381
-
30 342
-
social contributions
4 961
-
11 377
-
total
14 342
-
41 719
-
Employer
45 099
-
103 433
-
social contributions
10 711
-
24 565
-
total
10 711
-
24 565
-
Corporate
72 190
128 000
-
-
surtax
-
-
-
-
income
15 160
26 880
-
-
total
15 160
26 880
-
-
Dividends
57 030
101 120
-
-
withholding
15 968
28 314
-
-
total
15 968
28 314
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 181
55 194
66 284
57 944
After tax
71 819
72 806
61 716
70 056
Living cost
30 758
30 758
30 758
30 758
Free-cash
41 061
42 048
30 958
39 298

Estimated living cost  is ₽30758 per week

₽23013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
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.
₽5417
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
₽17152
₽27997
₽23891
₽25495
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
-
-
-
128 000
health
-
-
-
4 018
social contributions
-
-
-
3 647
income
-
-
-
16 425
pensions
-
-
-
27 087
other
-
-
-
3 967
surtax
-
-
-
-
total
-
-
-
55 144
Employee
61 415
-
101 677
-
surtax
-
-
-
-
income
5 359
-
17 441
-
social contributions
1 749
-
2 895
-
pensions
6 946
-
5 984
-
total
14 054
-
26 320
-
Employer
61 415
-
101 677
-
unemployment
2 488
-
4 118
-
pensions
10 091
-
10 269
-
social contributions
184
-
305
-
other
2 119
-
3 508
-
health
4 299
-
8 122
-
total
19 181
-
26 322
-
Corporate
47 403
128 000
-
-
surtax
-
-
-
-
income
13 273
35 840
-
-
total
13 273
35 840
-
-
Dividends
34 130
92 160
-
-
withholding
4 369
11 796
-
-
surtax
-
-
-
-
social contributions
5 871
15 851
-
-
total
10 240
27 647
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 748
63 487
52 642
55 144
After tax
71 252
64 513
75 358
72 856
Living cost
47 361
47 361
47 361
47 361
Free-cash
23 891
17 152
27 997
25 495

Estimated living cost  is ₽47361 per week

₽32053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
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.
₽10784
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
₽85723
₽69738
₽82429
₽66335
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
-
-
-
128 000
income
-
-
-
4 029
social contributions
-
-
-
28 160
total
-
-
-
32 189
Employee
31 525
-
110 823
-
social contributions
2 049
-
7 203
-
income
-
-
4 406
-
total
2 049
-
11 609
-
Employer
31 525
-
110 823
-
social contributions
4 887
-
17 177
-
total
4 887
-
17 177
-
Corporate
91 589
128 000
-
-
income
9 159
12 801
-
-
total
9 159
12 801
-
-
Dividends
82 430
115 199
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
16 095
12 801
28 786
32 189
After tax
111 905
115 199
99 214
95 811
Living cost
29 476
29 476
29 476
29 476
Free-cash
82 429
85 723
69 738
66 335

Estimated living cost  is ₽29476 per week

₽19059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
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
-₽85343
-₽85343
-₽85343
₽30797
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
-
-
-
128 000
labour market
-
-
-
10 172
national
-
-
-
13 682
pensions
-
-
-
849
municipal
-
-
-
25 342
total
-
-
-
50 045
Employee
199 041
199 041
199 041
-
national
24 316
24 316
24 316
-
labour market
15 901
15 901
15 901
-
municipal
42 385
42 385
42 385
-
pensions
283
283
283
-
total
82 885
82 885
82 885
-
Employer
199 041
199 041
199 041
-
national
24 359
24 359
24 359
-
pensions
566
566
566
-
labour market
15 923
15 923
15 923
-
municipal
42 452
42 452
42 452
-
total
83 300
83 300
83 300
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
166 185
166 185
166 185
50 045
After tax
-38 185
-38 185
-38 185
77 955
Living cost
47 158
47 158
47 158
47 158
Free-cash
-85 343
-85 343
-85 343
30 797

Estimated living cost  is ₽47158 per week

₽32275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
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.
₽9985
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
-₽11027
₽46520
₽7086
₽66271
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
-
-
-
128 000
health
-
-
-
2 153
income
-
-
-
33 459
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
40 334
Employee
33 656
-
112 491
-
income
4 617
-
24 164
-
pensions
3 790
-
7 531
-
health
3 854
-
12 880
-
total
12 261
-
44 575
-
Employer
33 656
-
112 491
-
unemployment
825
-
2 756
-
pensions
5 472
-
10 875
-
accident
562
-
1 879
-
total
6 859
-
15 510
-
Corporate
87 485
128 000
-
-
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.

78 737
115 200
-
-
total
78 737
115 200
-
-
Dividends
8 748
12 800
-
-
withholding
1 662
2 432
-
-
total
1 662
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
99 519
117 632
60 085
40 334
After tax
28 481
10 368
67 915
87 666
Living cost
21 395
21 395
21 395
21 395
Free-cash
7 086
-11 027
46 520
66 271

Estimated living cost  is ₽21395 per week

₽15573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
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.
₽4200
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
₽45174
₽32341
₽45705
₽49893
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

-
-
-
128 000
health
-
-
-
1 561
national
-
-
-
16 139
municipal
-
-
-
22 760
total
-
-
-
40 460
Employee
51 590
-
107 680
-
national
852
-
10 000
-
unemployment
774
-
1 615
-
municipal
8 450
-
17 559
-
pensions
3 482
-
7 268
-
health
385
-
1 249
-
total
13 943
-
37 691
-
Employer
51 590
-
107 680
-
unemployment
335
-
700
-
pensions
8 951
-
18 683
-
accident
52
-
108
-
health
396
-
830
-
total
9 734
-
20 321
-
Corporate
66 676
128 000
-
-
income
13 335
25 599
-
-
total
13 335
25 599
-
-
Dividends

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

40 006
76 800
-
-
municipal
7 201
13 824
-
-
national
435
5 756
-
-
total
7 636
19 580
-
-
Income
128 000
128 000
128 000
128 000
Total tax
44 648
45 179
58 012
40 460
After tax
83 352
82 821
69 988
87 540
Living cost
37 647
37 647
37 647
37 647
Free-cash
45 705
45 174
32 341
49 893

Estimated living cost  is ₽37647 per week

₽24591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
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
₽70819
₽65541
₽65482
₽66886
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
-
-
-
128 000
health
-
-
-
3 264
social contributions
-
-
-
15 865
income
-
-
-
19 282
total
-
-
-
38 411
Employee
75 402
75 402
117 388
-
income
8 210
6 980
18 707
-
social contributions
2 851
6 258
8 441
-
health
584
1 282
1 995
-
total
11 645
14 520
29 143
-
Employer
75 402
75 402
117 388
-
social contributions
2 851
6 258
8 441
-
health
635
1 396
2 172
-
total
3 486
7 654
10 613
-
Corporate
90 166
44 945
-
-
income
11 271
5 618
-
-
total
11 271
5 618
-
-
Dividends
78 895
39 327
-
-
withholding
13 413
6 686
-
-
total
13 413
6 686
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 815
34 478
39 756
38 411
After tax
88 185
93 522
88 244
89 589
Living cost
22 703
22 703
22 703
22 703
Free-cash
65 482
70 819
65 541
66 886

Estimated living cost  is ₽22703 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
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.
₽6368
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
₽90427
₽70294
₽85438
₽89962
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
-
-
-
128 000
health
-
-
-
3 549
income
-
-
-
12 654
pensions
-
-
-
6 238
unemployment
-
-
-
28
total
-
-
-
22 469
Employee

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

22 508
-
118 417
-
unemployment
112
-
465
-
income
1 539
-
10 224
-
pensions
3 376
-
13 956
-
health
1 913
-
7 909
-
total
6 940
-
32 554
-
Employer

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

22 508
-
118 417
-
unemployment
112
-
465
-
pensions
1 237
-
5 117
-
health
968
-
4 001
-
total
2 317
-
9 583
-
Corporate
103 176
128 000
-
-
income
9 286
11 520
-
-
total
9 286
11 520
-
-
Dividends
93 890
116 480
-
-
withholding
8 450
10 484
-
-
total
8 450
10 484
-
-
Income
128 000
128 000
128 000
128 000
Total tax
26 993
22 004
42 137
22 469
After tax
101 007
105 996
85 863
105 531
Living cost
15 569
15 569
15 569
15 569
Free-cash
85 438
90 427
70 294
89 962

Estimated living cost  is ₽15569 per week

₽9933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
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
₽58895
₽39783
₽54067
₽44497
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
-
-
-
128 000
income
-
-
-
29 272
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
56 538
Employee
36 258
-
99 025
-
unemployment
562
-
1 409
-
income
6 990
-
26 505
-
pensions
1 705
-
4 272
-
other
35
-
91
-
total
9 292
-
32 277
-
Employer
36 258
-
99 025
-
unemployment
1 995
-
4 998
-
pensions
8 556
-
21 450
-
accident
718
-
1 799
-
other
290
-
728
-
total
11 559
-
28 975
-
Corporate
80 183
128 000
-
-
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.

12 027
19 200
-
-
total
12 027
19 200
-
-
Dividends
68 156
108 800
-
-
withholding
14 090
22 940
-
-
total
14 090
22 940
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 968
42 140
61 252
56 538
After tax
81 032
85 860
66 748
71 462
Living cost
26 965
26 965
26 965
26 965
Free-cash
54 067
58 895
39 783
44 497

Estimated living cost  is ₽26965 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽5700
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
₽78049
₽80178
₽77749
₽80306
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
-
-
-
128 000
health
-
-
-
964
income
-
-
-
43 577
pensions
-
-
-
1 330
total
-
-
-
45 871
Employee
2 776
-
126 504
-
unemployment
28
-
66
-
income
537
-
43 507
-
pensions
250
-
598
-
health
139
-
332
-
total
954
-
44 503
-
Employer
2 776
-
126 504
-
unemployment
56
-
133
-
pensions
305
-
731
-
health
264
-
632
-
total
625
-
1 496
-
Corporate
124 599
128 000
-
-
income
27 412
28 160
-
-
total
27 412
28 160
-
-
Dividends
97 187
99 840
-
-
withholding
19 437
19 968
-
-
total
19 437
19 968
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 428
48 128
45 999
45 871
After tax
79 572
79 872
82 001
82 129
Living cost
1 823
1 823
1 823
1 823
Free-cash
77 749
78 049
80 178
80 306

Estimated living cost  is ₽1823 per week

₽1083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
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.
₽550
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
₽75559
₽55834
₽70746
₽55832
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.

-
-
-
128 000
health
-
-
-
7 448
income
-
-
-
27 913
pensions
-
-
-
18 801
unemployment
-
-
-
1 085
total
-
-
-
55 247
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.

25 516
-
115 057
-
unemployment
191
-
542
-
income
3 517
-
27 913
-
pensions
3 572
-
10 123
-
health
1 314
-
3 724
-
total
8 594
-
42 302
-
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.

25 516
-
115 057
-
unemployment
191
-
542
-
pensions
3 062
-
8 677
-
health
1 314
-
3 724
-
total
4 567
-
12 943
-
Corporate
97 917
128 000
-
-
income
14 688
19 200
-
-
total
14 688
19 200
-
-
Dividends
83 229
108 800
-
-
withholding
12 484
16 320
-
-
total
12 484
16 320
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 333
35 520
55 245
55 247
After tax
87 667
92 480
72 755
72 753
Living cost
16 921
16 921
16 921
16 921
Free-cash
70 746
75 559
55 834
55 832

Estimated living cost  is ₽16921 per week

₽11393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
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
₽46370
₽35280
₽46018
₽43620
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.

-
-
-
128 000
social contributions

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

-
-
-
44 479
income
-
-
-
13 465
surtax
-
-
-
-
total
-
-
-
57 944
Employee
38 058
-
103 433
-
surtax
-
-
-
-
income
7 436
-
30 342
-
social contributions
4 187
-
11 377
-
total
11 623
-
41 719
-
Employer
38 058
-
103 433
-
social contributions
9 038
-
24 565
-
total
9 038
-
24 565
-
Corporate
80 904
128 000
-
-
surtax
-
-
-
-
income
16 989
26 880
-
-
total
16 989
26 880
-
-
Dividends
63 914
101 120
-
-
withholding
17 896
28 314
-
-
total
17 896
28 314
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 546
55 194
66 284
57 944
After tax
72 454
72 806
61 716
70 056
Living cost
26 436
26 436
26 436
26 436
Free-cash
46 018
46 370
35 280
43 620

Estimated living cost  is ₽26436 per week

₽18724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽5408
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
₽51398
₽32286
₽44235
₽37000
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
-
-
-
128 000
income
-
-
-
29 272
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
56 538
Employee
47 357
-
99 025
-
unemployment
733
-
1 409
-
income
9 891
-
26 505
-
pensions
2 226
-
4 272
-
other
47
-
91
-
total
12 897
-
32 277
-
Employer
47 357
-
99 025
-
unemployment
2 605
-
4 998
-
pensions
11 176
-
21 450
-
accident
938
-
1 799
-
other
380
-
728
-
total
15 099
-
28 975
-
Corporate
65 544
128 000
-
-
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.

9 831
19 200
-
-
total
9 831
19 200
-
-
Dividends
55 713
108 800
-
-
withholding
11 476
22 940
-
-
total
11 476
22 940
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 303
42 140
61 252
56 538
After tax
78 697
85 860
66 748
71 462
Living cost
34 462
34 462
34 462
34 462
Free-cash
44 235
51 398
32 286
37 000

Estimated living cost  is ₽34462 per week

₽24749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
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.
₽6548
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
₽92720
₽87569
₽86797
₽83015
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
-
-
-
128 000
health
-
-
-
3 904
income
-
-
-
19 200
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
28 265
Employee
22 140
-
121 339
-
income
2 214
-
12 134
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
pensions

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

1 944
-
2 981
-
health
1 019
-
1 562
-
total
5 420
-
17 050
-
Employer
22 140
-
121 339
-
unemployment
133
-
204
-
pensions

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

2 440
-
3 741
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
health
1 528
-
2 343
-
total
4 344
-
6 661
-
Corporate
101 516
128 000
-
-
income
10 151
12 800
-
-
total
10 151
12 800
-
-
Dividends
91 365
115 200
-
-
withholding
4 568
5 760
-
-
total
4 568
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
24 483
18 560
23 711
28 265
After tax
103 517
109 440
104 289
99 735
Living cost
16 720
16 720
16 720
16 720
Free-cash
86 797
92 720
87 569
83 015

Estimated living cost  is ₽16720 per week

₽11059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽4306
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
₽28092
₽46934
₽40921
₽35108
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.

-
-
-
128 000
health

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

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

-
-
-
6 699
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.

-
-
-
34 606
trade
-
-
-
11 826
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.

-
-
-
1 904
total
-
-
-
55 035
Employee

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

48 790
-
128 000
-
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.

221
-
1 904
-
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.

4 012
-
34 606
-
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.

6 699
-
6 699
-
total
10 932
-
43 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 210
128 000
-
-
trade
11 366
18 368
-
-
chamber of commerce
264
337
-
-
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.

653
1 055
-
-
income
11 881
19 200
-
-
total
24 164
38 960
-
-
Dividends
55 045
89 040
-
-
withholding
13 389
21 887
-
-
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.

737
1 204
-
-
total
14 126
23 091
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 222
62 051
43 209
55 035
After tax
78 778
65 949
84 791
72 965
Living cost
37 857
37 857
37 857
37 857
Free-cash
40 921
28 092
46 934
35 108

Estimated living cost  is ₽37857 per week

₽26115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
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.
₽7120
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
₽33742
₽25136
₽35907
₽25136
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
-
-
-
128 000
income
-
-
-
34 993
social contributions
-
-
-
12 013
total
-
-
-
47 006
Employee
76 703
-
128 000
-
social contributions
6 372
-
12 013
-
income
14 474
-
34 993
-
total
20 846
-
47 006
-
Employer
76 703
-
128 000
-
total
-
-
-
-
Corporate
51 297
128 000
-
-
income
6 412
15 999
-
-
total
6 412
15 999
-
-
Dividends
44 885
112 001
-
-
withholding
8 977
22 401
-
-
total
8 977
22 401
-
-
Income
128 000
128 000
128 000
128 000
Total tax
36 235
38 400
47 006
47 006
After tax
91 765
89 600
80 994
80 994
Living cost
55 858
55 858
55 858
55 858
Free-cash
35 907
33 742
25 136
25 136

Estimated living cost  is ₽55858 per week

₽42496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽8277
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
₽42424
₽58145
₽45850
₽58429
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.

-
-
-
128 000
health

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

-
-
-
6 064
income
-
-
-
27 912
total
-
-
-
33 976
Employee
44 983
-
123 489
-
social contributions
4 507
-
4 511
-
income
4 881
-
25 238
-
total
9 388
-
29 749
-
Employer
44 983
-
123 489
-
social contributions
4 507
-
4 511
-
total
4 507
-
4 511
-
Corporate
78 510
128 000
-
-
income
27 479
44 800
-
-
total
27 479
44 800
-
-
Dividends
51 031
83 200
-
-
social contributions
5 181
5 181
-
-
total
5 181
5 181
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 555
49 981
34 260
33 976
After tax
81 445
78 019
93 740
94 024
Living cost
35 595
35 595
35 595
35 595
Free-cash
45 850
42 424
58 145
58 429

Estimated living cost  is ₽35595 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
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.
₽8796
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
₽52220
₽40029
₽54029
₽51860
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
-
-
-
128 000
income
-
-
-
31 868
pensions
-
-
-
7 918
total
-
-
-
39 786
Employee
49 901
-
112 226
-
income
9 087
-
23 979
-
pensions
3 809
-
10 064
-
health
651
-
1 800
-
total
13 547
-
35 843
-
Employer
49 901
-
112 226
-
pensions
5 042
-
13 642
-
health
948
-
2 132
-
total
5 990
-
15 774
-
Corporate
72 109
128 000
-
-
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.

13 700
24 320
-
-
total
13 700
24 320
-
-
Dividends
58 409
103 680
-
-
withholding
4 380
15 106
-
-
total
4 380
15 106
-
-
Income
128 000
128 000
128 000
128 000
Total tax
37 617
39 426
51 617
39 786
After tax
90 383
88 574
76 383
88 214
Living cost
36 354
36 354
36 354
36 354
Free-cash
54 029
52 220
40 029
51 860

Estimated living cost  is ₽36354 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽7615
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
-₽13145
₽44402
₽6761
₽64153
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
-
-
-
128 000
health
-
-
-
2 153
income
-
-
-
33 459
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
40 334
Employee
36 987
-
112 491
-
income
5 074
-
24 164
-
pensions
4 165
-
7 531
-
health
4 235
-
12 880
-
total
13 474
-
44 575
-
Employer
36 987
-
112 491
-
unemployment
906
-
2 756
-
pensions
6 014
-
10 875
-
accident
618
-
1 879
-
total
7 538
-
15 510
-
Corporate
83 475
128 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

75 128
115 200
-
-
total
75 128
115 200
-
-
Dividends
8 347
12 800
-
-
withholding
1 586
2 432
-
-
total
1 586
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
97 726
117 632
60 085
40 334
After tax
30 274
10 368
67 915
87 666
Living cost
23 513
23 513
23 513
23 513
Free-cash
6 761
-13 145
44 402
64 153

Estimated living cost  is ₽23513 per week

₽17256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽94480
₽72797
₽89897
₽59138
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.

-
-
-
128 000
work injury
-
-
-
640
income
-
-
-
20 430
health insurance
-
-
-
9 472
pensions
-
-
-
23 552
unemployment
-
-
-
1 536
total
-
-
-
55 630
Employee

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

21 171
-
128 000
-
unemployment
254
-
940
-
work injury
106
-
392
-
income
2 117
-
20 430
-
health insurance
1 567
-
5 796
-
pensions
3 895
-
14 413
-
total
7 939
-
41 971
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 829
128 000
-
-
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%.

1 068
1 280
-
-
total
1 068
1 280
-
-
Dividends
105 761
126 720
-
-
withholding
15 864
19 008
-
-
total
15 864
19 008
-
-
Income
128 000
128 000
128 000
128 000
Total tax
24 871
20 288
41 971
55 630
After tax
103 129
107 712
86 029
72 370
Living cost
13 232
13 232
13 232
13 232
Free-cash
89 897
94 480
72 797
59 138

Estimated living cost  is ₽13232 per week

₽8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽28357
₽17191
₽23897
₽23043
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
-
-
-
128 000
social contributions
-
-
-
32 922
national
-
-
-
29 282
regional
-
-
-
2 833
municipal
-
-
-
856
total
-
-
-
65 893
Employee
82 630
-
128 000
-
regional
1 248
-
2 429
-
national
13 964
-
25 391
-
municipal
493
-
763
-
social contributions
27 862
-
43 162
-
total
43 567
-
71 745
-
Employer
82 630
-
128 000
-
total
-
-
-
-
Corporate
45 370
128 000
-
-
nationa
10 890
30 720
-
-
municipal
2 186
6 171
-
-
total
13 076
36 891
-
-
Dividends
32 294
91 109
-
-
withholding
8 396
23 688
-
-
total
8 396
23 688
-
-
Income
128 000
128 000
128 000
128 000
Total tax
65 039
60 579
71 745
65 893
After tax
62 961
67 421
56 255
62 107
Living cost
39 064
39 064
39 064
39 064
Free-cash
23 897
28 357
17 191
23 043

Estimated living cost  is ₽39064 per week

₽27440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8346
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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