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
₽35731
₽55530
₽42355
₽46283
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
35 127
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.

-
-
-
1 932
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.

-
-
-
6 517
trade
-
-
-
13 175
total
-
-
-
56 751
Employee

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

36 486
-
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.

56
-
1 932
-
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.

1 019
-
35 127
-
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.

6 517
-
6 517
-
total
7 592
-
43 576
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 514
128 000
-
-
income
13 727
19 200
-
-
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.

755
1 055
-
-
chamber of commerce
277
329
-
-
trade
14 413
20 159
-
-
total
29 172
40 743
-
-
Dividends
62 341
87 256
-
-
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.

836
1 180
-
-
withholding
15 223
21 452
-
-
total
16 059
22 632
-
-
Income
128 000
128 000
128 000
128 000
Total tax
52 823
63 375
43 576
56 751
After tax
75 177
64 625
84 424
71 249
Living cost
28 894
28 894
28 894
28 894
Free-cash
46 283
35 731
55 530
42 355

Estimated living cost  is ₽28894 per week

₽18175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28781
₽26321
₽25316
₽27931
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 672
national
-
-
-
21 185
pensions
-
-
-
15 360
total
-
-
-
51 593
Employee
79 201
-
110 655
-
municipal
9 783
-
14 167
-
pensions
3 168
-
4 426
-
national
15 159
-
21 953
-
total
28 110
-
40 546
-
Employer
79 201
-
110 655
-
pensions
6 336
-
8 852
-
social contributions
851
-
1 190
-
total
7 187
-
10 042
-
Corporate
36 384
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%.

7 277
25 600
-
-
total
7 277
25 600
-
-
Dividends
29 107
102 400
-
-
withholding
6 404
22 528
-
-
total
6 404
22 528
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 978
48 128
50 588
51 593
After tax
79 022
79 872
77 412
76 407
Living cost
51 091
51 091
51 091
51 091
Free-cash
27 931
28 781
26 321
25 316

Estimated living cost  is ₽51091 per week

₽34726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82553
₽51928
₽19019
₽74729
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 947
surtax
-
-
-
32 639
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.

-
-
-
36 549
microenterprise
-
-
-
-
total
-
-
-
89 135
Employee
27 874
-
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.

3 067
-
11 347
-
income
4 962
-
20 029
-
total
8 029
-
31 376
-
Employer
27 874
-
103 150
-
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.

6 714
-
24 850
-
surtax
-
-
-
-
total
6 714
-
24 850
-
Corporate
93 411
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%.

18 682
25 601
-
-
total
18 682
25 601
-
-
Dividends

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

74 729
102 399
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
33 425
25 601
56 226
89 135
After tax
94 575
102 399
71 774
38 865
Living cost
19 846
19 846
19 846
19 846
Free-cash
74 729
82 553
51 928
19 019

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22812
₽34036
₽33489
₽16968
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 609
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
54 549
Employee
81 462
81 462
110 272
-
pensions
14 663
11 177
11 177
-
income

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

13 334
13 334
13 334
-
health
12 504
10 635
11 763
-
total
40 501
35 146
36 274
-
Employer
81 462
81 462
110 272
-
health
5 663
5 663
7 037
-
pensions
5 670
5 670
7 047
-
unemployment
2 933
2 933
3 644
-
total
14 266
14 266
17 728
-
Corporate
33 272
32 273
-
-
income
6 655
6 455
-
-
total
6 655
6 455
-
-
Dividends
26 617
25 817
-
-
income
5 655
5 487
-
-
withholding
3 993
3 872
-
-
total
9 648
9 359
-
-
Income
128 000
128 000
128 000
128 000
Total tax
71 070
65 226
54 002
54 549
After tax
56 930
62 774
73 998
73 451
Living cost
39 962
39 962
39 962
39 962
Free-cash
16 968
22 812
34 036
33 489

Estimated living cost  is ₽39962 per week

₽28320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3602
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.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30741
₽27757
₽28811
₽29862
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
172
other
-
-
-
9 970
unemployment
-
-
-
86
health
-
-
-
5 354
municipal
-
-
-
30 758
national
-
-
-
4 427
pensions
-
-
-
9 275
total
-
-
-
60 042
Employee
55 781
-
101 043
-
municipal
16 634
-
30 131
-
national
-
-
4 007
-
total
16 634
-
34 138
-
Employer
55 781
-
101 043
-
health
3 430
-
5 276
-
pensions
6 030
-
9 275
-
accident
112
-
172
-
unemployment
1 473
-
2 265
-
other
6 482
-
9 970
-
total
17 527
-
26 958
-
Corporate
54 693
128 000
-
-
income
12 032
28 160
-
-
total
12 032
28 160
-
-
Dividends
42 661
99 840
-
-
withholding
12 798
29 952
-
-
total
12 798
29 952
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 991
58 112
61 096
60 042
After tax
69 009
69 888
66 904
67 958
Living cost
39 147
39 147
39 147
39 147
Free-cash
29 862
30 741
27 757
28 811

Estimated living cost  is ₽39147 per week

₽25945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26492
₽46949
₽33189
₽39894
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
35 127
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.

-
-
-
1 932
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.

-
-
-
6 517
trade
-
-
-
13 760
total
-
-
-
57 336
Employee

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

48 376
-
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.

228
-
1 932
-
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.

4 156
-
35 127
-
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.

6 517
-
6 517
-
total
10 901
-
43 576
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 624
128 000
-
-
income
11 944
19 200
-
-
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.

657
1 055
-
-
chamber of commerce
259
328
-
-
trade
13 097
21 055
-
-
total
25 957
41 638
-
-
Dividends
53 666
86 362
-
-
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.

719
1 168
-
-
withholding
13 054
21 227
-
-
total
13 773
22 395
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 631
64 033
43 576
57 336
After tax
77 369
63 967
84 424
70 664
Living cost
37 475
37 475
37 475
37 475
Free-cash
39 894
26 492
46 949
33 189

Estimated living cost  is ₽37475 per week

₽25063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62566
₽57257
₽58553
₽58610
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 808
social contributions
-
-
-
15 434
health
-
-
-
3 264
total
-
-
-
38 506
Employee
73 353
73 353
117 613
-
social contributions
3 564
6 088
8 211
-
income
7 703
6 790
19 205
-
health
730
1 247
1 999
-
total
11 997
14 125
29 415
-
Employer
73 353
73 353
117 613
-
health
795
1 358
2 176
-
social contributions
3 564
6 088
8 211
-
total
4 359
7 446
10 387
-
Corporate
80 703
47 201
-
-
income
10 089
5 900
-
-
total
10 089
5 900
-
-
Dividends
70 615
41 302
-
-
withholding
12 004
7 022
-
-
total
12 004
7 022
-
-
Income
128 000
128 000
128 000
128 000
Total tax
38 449
34 493
39 802
38 506
After tax
89 551
93 507
88 198
89 494
Living cost
30 941
30 941
30 941
30 941
Free-cash
58 610
62 566
57 257
58 553

Estimated living cost  is ₽30941 per week

₽21151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54452
₽56662
₽71132
₽54818
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 648
unemployment
-
-
-
1 920
health
-
-
-
8 960
pensions
-
-
-
12 800
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.

25 319
10 077
107 113
-
unemployment
380
151
1 607
-
pensions
2 532
1 008
10 711
-
income
3 095
1 232
13 095
-
health
1 772
705
7 498
-
total
7 779
3 096
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.

25 319
10 077
107 113
-
pensions
4 937
1 965
20 887
-
total
4 937
1 965
20 887
-
Corporate
97 744
115 958
-
-
income
8 797
10 436
-
-
total
8 797
10 436
-
-
Dividends
88 947
105 522
-
-
social contributions
17 229
20 462
-
-
withholding
16 900
20 049
-
-
total
34 129
40 511
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 642
56 008
53 798
39 328
After tax
72 358
71 992
74 202
88 672
Living cost
17 540
17 540
17 540
17 540
Free-cash
54 818
54 452
56 662
71 132

Estimated living cost  is ₽17540 per week

₽11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79358
₽50734
₽45568
₽73433
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 152
health
-
-
-
16 640
pensions
-
-
-
25 599
total
-
-
-
59 391
Employee
27 062
-
95 665
-
unemployment
433
-
1 531
-
pensions
541
-
1 913
-
income
3 047
-
18 445
-
total
4 021
-
21 889
-
Employer
27 062
-
95 665
-
health
3 517
-
12 437
-
pensions
5 413
-
19 133
-
unemployment
217
-
766
-
total
9 147
-
32 336
-
Corporate
91 791
128 000
-
-
income
18 358
25 601
-
-
total
18 358
25 601
-
-
Dividends
73 433
102 399
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
31 526
25 601
54 225
59 391
After tax
96 474
102 399
73 775
68 609
Living cost
23 041
23 041
23 041
23 041
Free-cash
73 433
79 358
50 734
45 568

Estimated living cost  is ₽23041 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
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.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10963
₽46692
₽66324
₽7097
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
33 592
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
40 345
Employee
33 555
-
112 675
-
pensions
3 778
-
7 397
-
income
4 603
-
24 353
-
health
3 842
-
12 902
-
total
12 223
-
44 652
-
Employer
33 555
-
112 675
-
pensions
5 456
-
10 682
-
accident
560
-
1 882
-
unemployment
822
-
2 761
-
total
6 838
-
15 325
-
Corporate
87 606
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.

78 846
115 200
-
-
total
78 846
115 200
-
-
Dividends
8 761
12 800
-
-
withholding
1 665
2 432
-
-
total
1 665
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
99 572
117 632
59 977
40 345
After tax
28 428
10 368
68 023
87 655
Living cost
21 331
21 331
21 331
21 331
Free-cash
7 097
-10 963
46 692
66 324

Estimated living cost  is ₽21331 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113808
₽94608
₽118928
₽112347
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
9 740
-
128 000
-
income
1 948
-
25 600
-
total
1 948
-
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%.

118 260
128 000
-
-
total
-
-
-
-
Dividends
118 260
128 000
-
-
withholding
5 913
6 400
-
-
total
5 913
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
7 861
6 400
25 600
1 280
After tax
120 139
121 600
102 400
126 720
Living cost
7 792
7 792
7 792
7 792
Free-cash
112 347
113 808
94 608
118 928

Estimated living cost  is ₽7792 per week

₽4829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68622
₽48086
₽42794
₽62181
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 355
other
-
-
-
6 081
health
-
-
-
5 632
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.

-
-
-
30 719
total
-
-
-
59 787
Employee
34 636
-
102 234
-
unemployment
346
-
1 023
-
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.

2 424
-
7 156
-
income
5 963
-
19 120
-
health
485
-
1 432
-
total
9 218
-
28 731
-
Employer
34 636
-
102 234
-
health
485
-
1 432
-
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.

5 889
-
17 379
-
accident
277
-
818
-
unemployment
346
-
1 023
-
other
1 732
-
5 112
-
total
8 729
-
25 764
-
Corporate
84 634
128 000
-
-
income
17 773
26 881
-
-
total
17 773
26 881
-
-
Dividends
66 861
101 119
-
-
withholding
4 680
7 078
-
-
total
4 680
7 078
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 400
33 959
54 495
59 787
After tax
87 600
94 041
73 505
68 213
Living cost
25 419
25 419
25 419
25 419
Free-cash
62 181
68 622
48 086
42 794

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24669
₽12696
₽24497
₽19613
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 471
pensions
-
-
-
7 741
total
-
-
-
40 212
Employee
89 547
-
112 173
-
pensions
8 639
-
9 804
-
income
16 142
-
24 606
-
health
1 476
-
1 776
-
total
26 257
-
36 186
-
Employer
89 547
-
112 173
-
health
1 701
-
2 132
-
pensions
10 573
-
13 695
-
total
12 274
-
15 827
-
Corporate
26 179
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.

4 975
24 320
-
-
total
4 975
24 320
-
-
Dividends
21 204
103 680
-
-
withholding
1 590
15 720
-
-
total
1 590
15 720
-
-
Income
128 000
128 000
128 000
128 000
Total tax
45 096
40 040
52 013
40 212
After tax
82 904
87 960
75 987
87 788
Living cost
63 291
63 291
63 291
63 291
Free-cash
19 613
24 669
12 696
24 497

Estimated living cost  is ₽63291 per week

₽47425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7436
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.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96932
₽91982
₽87395
₽92502
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 200
unemployment
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
28 097
Employee
16 563
-
121 462
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
pensions

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

1 454
-
2 926
-
income
1 656
-
12 146
-
health
762
-
1 533
-
total
4 054
-
16 972
-
Employer
16 563
-
121 462
-
health
1 143
-
2 299
-
pensions

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

1 825
-
3 672
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
unemployment
99
-
200
-
total
3 249
-
6 538
-
Corporate
108 188
128 000
-
-
income
10 819
12 800
-
-
total
10 819
12 800
-
-
Dividends
97 369
115 200
-
-
withholding
4 868
5 760
-
-
total
4 868
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
22 990
18 560
23 510
28 097
After tax
105 010
109 440
104 490
99 903
Living cost
12 508
12 508
12 508
12 508
Free-cash
92 502
96 932
91 982
87 395

Estimated living cost  is ₽12508 per week

₽7302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9877
₽21101
₽20554
₽12278
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 609
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
54 549
Employee
88 442
81 462
110 272
-
pensions
11 177
11 177
11 177
-
income

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

13 334
13 334
13 334
-
health
11 034
10 635
11 763
-
total
35 545
35 146
36 274
-
Employer
88 442
81 462
110 272
-
health
6 146
5 663
7 037
-
pensions
6 155
5 670
7 047
-
unemployment
3 184
2 933
3 644
-
total
15 485
14 266
17 728
-
Corporate
24 073
32 273
-
-
income
4 815
6 455
-
-
total
4 815
6 455
-
-
Dividends
19 258
25 817
-
-
income
4 091
5 487
-
-
withholding
2 889
3 872
-
-
total
6 980
9 359
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 825
65 226
54 002
54 549
After tax
65 175
62 774
73 998
73 451
Living cost
52 897
52 897
52 897
52 897
Free-cash
12 278
9 877
21 101
20 554

Estimated living cost  is ₽52897 per week

₽39020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64391
₽41217
₽41342
₽55921
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 484
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
-
health
-
-
-
17 280
total
-
-
-
62 921
Employee
34 907
-
95 522
-
solidarity contribution
-
-
-
-
social contributions
2 269
-
6 209
-
income
4 189
-
11 463
-
health
4 713
-
12 896
-
total
11 171
-
30 568
-
Employer
34 907
-
95 522
-
health
3 142
-
8 597
-
social contributions
8 727
-
23 881
-
total
11 869
-
32 478
-
Corporate
81 224
128 000
-
-
income
15 433
24 320
-
-
total
15 433
24 320
-
-
Dividends
65 792
103 680
-
-
withholding
9 869
15 552
-
-
total
9 869
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 342
39 872
63 046
62 921
After tax
79 658
88 128
64 954
65 079
Living cost
23 737
23 737
23 737
23 737
Free-cash
55 921
64 391
41 217
41 342

Estimated living cost  is ₽23737 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28039
₽17037
₽23127
₽23059
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 470
municipal
-
-
-
760
national
-
-
-
29 468
total
-
-
-
64 620
Employee
84 780
-
128 000
-
municipal
449
-
679
-
national
14 690
-
25 577
-
regional
800
-
1 292
-
social contributions
28 588
-
43 162
-
total
44 527
-
70 710
-
Employer
84 780
-
128 000
-
total
-
-
-
-
Corporate
43 220
128 000
-
-
municipal
1 685
4 993
-
-
nationa
10 373
30 720
-
-
total
12 058
35 713
-
-
Dividends
31 162
92 287
-
-
withholding
8 103
23 995
-
-
total
8 103
23 995
-
-
Income
128 000
128 000
128 000
128 000
Total tax
64 688
59 708
70 710
64 620
After tax
63 312
68 292
57 290
63 380
Living cost
40 253
40 253
40 253
40 253
Free-cash
23 059
28 039
17 037
23 127

Estimated living cost  is ₽40253 per week

₽28059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59461
₽37476
₽39684
₽56493
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 581
other
-
-
-
-
surtax
-
-
-
3 966
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
67 266
Employee
31 546
-
105 741
-
other
-
-
-
-
unemployment
2 196
-
7 359
-
pensions
2 104
-
7 053
-
surtax
103
-
3 617
-
income
5 288
-
26 488
-
health
806
-
2 697
-
total
10 497
-
47 214
-
Employer
31 546
-
105 741
-
health
1 436
-
4 812
-
pensions
4 205
-
14 095
-
unemployment
999
-
3 353
-
other
-
-
-
-
total
6 640
-
22 260
-
Corporate
89 814
128 000
-
-
income
23 351
33 280
-
-
total
23 351
33 280
-
-
Dividends
66 463
94 720
-
-
withholding
9 969
14 209
-
-
total
9 969
14 209
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 457
47 489
69 474
67 266
After tax
77 543
80 511
58 526
60 734
Living cost
21 050
21 050
21 050
21 050
Free-cash
56 493
59 461
37 476
39 684

Estimated living cost  is ₽21050 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44721
₽32748
₽44549
₽45219
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 471
pensions
-
-
-
7 741
total
-
-
-
40 212
Employee
60 012
-
112 173
-
pensions
5 094
-
9 804
-
income
10 808
-
24 606
-
health
871
-
1 776
-
total
16 773
-
36 186
-
Employer
60 012
-
112 173
-
health
1 140
-
2 132
-
pensions
6 496
-
13 695
-
total
7 636
-
15 827
-
Corporate
60 351
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.

11 467
24 320
-
-
total
11 467
24 320
-
-
Dividends
48 884
103 680
-
-
withholding
3 666
15 720
-
-
total
3 666
15 720
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 542
40 040
52 013
40 212
After tax
88 458
87 960
75 987
87 788
Living cost
43 239
43 239
43 239
43 239
Free-cash
45 219
44 721
32 748
44 549

Estimated living cost  is ₽43239 per week

₽32394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
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.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17874
₽22831
₽29132
₽14817
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 561
regional
-
-
-
5 196
health
-
-
-
288
city
-
-
-
1 348
national
-
-
-
1 292
pensions
-
-
-
11 776
total
-
-
-
22 461
Employee
89 415
-
114 567
-
unemployment
-
-
-
-
pensions
7 512
-
9 624
-
national
423
-
1 012
-
regional
2 928
-
4 466
-
city
960
-
1 230
-
health
202
-
257
-
total
12 025
-
16 589
-
Employer
89 415
-
114 567
-
health
202
-
257
-
pensions
7 512
-
9 624
-
unemployment
-
-
-
-
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.

1 788
-
2 292
-
total
9 502
-
12 173
-
Corporate
28 100
128 000
-
-
regional
5 942
27 071
-
-
national
2 388
10 880
-
-
total
8 330
37 951
-
-
Dividends
19 769
90 049
-
-
withholding
6 919
31 516
-
-
total
6 919
31 516
-
-
Income
128 000
128 000
128 000
128 000
Total tax
36 776
69 467
28 762
22 461
After tax
91 224
58 533
99 238
105 539
Living cost
76 407
76 407
76 407
76 407
Free-cash
14 817
-17 874
22 831
29 132

Estimated living cost  is ₽76407 per week

₽49686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19608
₽40724
₽26378
₽35078
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
35 127
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.

-
-
-
1 932
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.

-
-
-
6 517
trade
-
-
-
14 346
total
-
-
-
57 922
Employee

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

57 330
-
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.

371
-
1 932
-
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.

6 741
-
35 127
-
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.

6 517
-
6 517
-
total
13 629
-
43 576
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 670
128 000
-
-
income
10 601
19 200
-
-
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.

583
1 055
-
-
chamber of commerce
244
326
-
-
trade
12 120
21 951
-
-
total
23 548
42 532
-
-
Dividends
47 122
85 468
-
-
surtax

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

628
1 155
-
-
withholding
11 417
21 005
-
-
total
12 045
22 160
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 222
64 692
43 576
57 922
After tax
78 778
63 308
84 424
70 078
Living cost
43 700
43 700
43 700
43 700
Free-cash
35 078
19 608
40 724
26 378

Estimated living cost  is ₽43700 per week

₽31917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
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.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31874
₽42195
₽40144
₽37512
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 802
other
-
-
-
3 968
surtax
-
-
-
-
social contributions
-
-
-
3 646
health
-
-
-
4 164
pensions
-
-
-
26 639
total
-
-
-
55 219
Employee
40 827
-
101 422
-
pensions
4 616
-
6 073
-
surtax
-
-
-
-
social contributions
1 164
-
2 889
-
income
2 409
-
17 626
-
total
8 189
-
26 588
-
Employer
40 827
-
101 422
-
health
2 858
-
8 227
-
pensions
6 707
-
10 401
-
unemployment
1 653
-
4 108
-
social contributions
123
-
304
-
other
1 408
-
3 540
-
total
12 749
-
26 580
-
Corporate
74 423
128 000
-
-
income
20 838
35 840
-
-
surtax
-
-
-
-
total
20 838
35 840
-
-
Dividends
53 585
92 160
-
-
surtax
-
-
-
-
social contributions
9 216
15 853
-
-
withholding
6 859
11 796
-
-
total
16 075
27 649
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 851
63 489
53 168
55 219
After tax
70 149
64 511
74 832
72 781
Living cost
32 637
32 637
32 637
32 637
Free-cash
37 512
31 874
42 195
40 144

Estimated living cost  is ₽32637 per week

₽20579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35107
₽45428
₽43377
₽40407
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 802
other
-
-
-
3 968
surtax
-
-
-
-
social contributions
-
-
-
3 646
health
-
-
-
4 164
pensions
-
-
-
26 639
total
-
-
-
55 219
Employee
36 444
-
101 422
-
pensions
4 122
-
6 073
-
surtax
-
-
-
-
social contributions
1 039
-
2 889
-
income
1 879
-
17 626
-
total
7 040
-
26 588
-
Employer
36 444
-
101 422
-
health
2 551
-
8 227
-
pensions
5 988
-
10 401
-
unemployment
1 475
-
4 108
-
social contributions
109
-
304
-
other
1 258
-
3 540
-
total
11 381
-
26 580
-
Corporate
80 175
128 000
-
-
income
22 449
35 840
-
-
surtax
-
-
-
-
total
22 449
35 840
-
-
Dividends
57 726
92 160
-
-
surtax
-
-
-
-
social contributions
9 929
15 853
-
-
withholding
7 390
11 796
-
-
total
17 319
27 649
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 189
63 489
53 168
55 219
After tax
69 811
64 511
74 832
72 781
Living cost
29 404
29 404
29 404
29 404
Free-cash
40 407
35 107
45 428
43 377

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
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.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57864
₽60509
₽61973
₽58359
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 200
social contributions
-
-
-
17 665
health
-
-
-
8 934
total
-
-
-
45 799
Employee
32 344
-
128 000
-
social contributions
4 464
-
17 665
-
income
5 395
-
20 664
-
health
2 257
-
8 934
-
total
12 116
-
47 263
-
Employer
32 344
-
128 000
-
total
-
-
-
-
Corporate
95 656
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%.

4 783
6 399
-
-
total
4 783
6 399
-
-
Dividends
90 873
121 601
-
-
social contributions
12 540
16 781
-
-
withholding
13 631
18 240
-
-
health
6 343
8 488
-
-
total
32 514
43 509
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 413
49 908
47 263
45 799
After tax
78 587
78 092
80 737
82 201
Living cost
20 228
20 228
20 228
20 228
Free-cash
58 359
57 864
60 509
61 973

Estimated living cost  is ₽20228 per week

₽13537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37594
₽1026
₽31035
₽36117
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 659
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
512
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
63 352
Employee
47 673
38 016
99 247
-
other
476
380
992
-
unemployment
1 430
1 140
2 978
-
pensions
4 882
3 892
10 163
-
income
5 427
2 804
22 730
-
health
1 845
1 472
3 841
-
total
14 060
9 688
40 704
-
Employer
47 673
38 016
99 247
-
chamber of commerce
190
152
396
-
health
1 801
1 437
3 751
-
pensions
5 983
4 772
12 455
-
accident
619
494
1 291
-
unemployment
1 430
1 140
2 978
-
surtax
188
188
188
-
payroll
1 430
1 140
2 978
-
other
2 265
1 805
4 714
-
total
13 906
11 128
28 751
-
Corporate
66 420
78 855
95 629
-
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.

16 606
19 714
23 906
-
total
16 606
19 714
23 906
-
Dividends
49 814
59 141
-
-
withholding
13 698
16 263
-
-
total
13 698
16 263
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 270
56 793
93 361
63 352
After tax
69 730
71 207
34 639
64 648
Living cost
33 613
33 613
33 613
33 613
Free-cash
36 117
37 594
1 026
31 035

Estimated living cost  is ₽33613 per week

₽22418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36886
₽12517
₽22022
₽22580
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 466
social contributions
-
-
-
20 219
national
-
-
-
44 511
total
-
-
-
71 196
Employee

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

68 236
-
99 141
-
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.

594
-
862
-
communal

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

3 559
-
5 172
-
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.

5 118
-
7 435
-
national
20 978
-
33 713
-
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.

3 206
-
4 660
-
total
33 455
-
51 842
-
Employer

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

68 236
-
99 141
-
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.

4 196
-
6 097
-
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.

6 046
-
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.

887
-
1 289
-
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.

996
-
1 448
-
surtax
7 737
-
11 242
-
total
19 862
-
28 859
-
Corporate
39 902
128 000
-
-
income
7 980
25 601
-
-
surtax
159
512
-
-
total
8 139
26 113
-
-
Dividends
31 763
101 887
-
-
withholding

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

9 182
30 219
-
-
total
9 182
30 219
-
-
Income
128 000
128 000
128 000
128 000
Total tax
70 638
56 332
80 701
71 196
After tax
57 362
71 668
47 299
56 804
Living cost
34 782
34 782
34 782
34 782
Free-cash
22 580
36 886
12 517
22 022

Estimated living cost  is ₽34782 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
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.
₽8792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51353
₽32674
₽37258
₽44118
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
797
income
-
-
-
29 764
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
56 291
Employee
47 485
-
99 812
-
other
47
-
89
-
unemployment
737
-
1 370
-
pensions
2 232
-
4 156
-
income
10 019
-
27 072
-
total
13 035
-
32 687
-
Employer
47 485
-
99 812
-
pensions
11 206
-
20 867
-
accident
940
-
1 751
-
unemployment
2 612
-
4 862
-
other
378
-
708
-
total
15 136
-
28 188
-
Corporate
65 380
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.

9 806
19 200
-
-
total
9 806
19 200
-
-
Dividends
55 573
108 800
-
-
withholding
11 454
22 996
-
-
total
11 454
22 996
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 431
42 196
60 875
56 291
After tax
78 569
85 804
67 125
71 709
Living cost
34 451
34 451
34 451
34 451
Free-cash
44 118
51 353
32 674
37 258

Estimated living cost  is ₽34451 per week

₽25369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25008
₽21029
₽15928
₽15119
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 090
accident
-
-
-
1 079
income
-
-
-
16 540
surtax
-
-
-
6 345
health
-
-
-
8 992
pensions
-
-
-
19 185
total
-
-
-
60 231
Employee
72 241
-
114 338
-
pensions
5 778
-
9 147
-
surtax
4 428
-
7 008
-
income
6 978
-
20 226
-
health
3 215
-
5 087
-
total
20 399
-
41 468
-
Employer
72 241
-
114 338
-
health
2 203
-
3 487
-
pensions
5 778
-
9 147
-
accident
650
-
1 028
-
total
8 631
-
13 662
-
Corporate
47 128
128 000
-
-
communal
3 181
8 640
-
-
income
7 069
19 200
-
-
surtax
494
1 343
-
-
total
10 744
29 183
-
-
Dividends
36 384
98 817
-
-
income
15 808
7 145
-
-
withholding
5 458
14 823
-
-
total
21 266
21 968
-
-
Income
128 000
128 000
128 000
128 000
Total tax
61 040
51 151
55 130
60 231
After tax
66 960
76 849
72 870
67 769
Living cost
51 841
51 841
51 841
51 841
Free-cash
15 119
25 008
21 029
15 928

Estimated living cost  is ₽51841 per week

₽38888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
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.
₽9261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59085
₽37100
₽39308
₽56051
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 581
other
-
-
-
-
surtax
-
-
-
3 966
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
67 266
Employee
32 125
-
105 741
-
other
-
-
-
-
unemployment
2 236
-
7 359
-
pensions
2 143
-
7 053
-
surtax
114
-
3 617
-
income
5 386
-
26 488
-
health
820
-
2 697
-
total
10 699
-
47 214
-
Employer
32 125
-
105 741
-
health
1 461
-
4 812
-
pensions
4 283
-
14 095
-
unemployment
1 019
-
3 353
-
other
-
-
-
-
total
6 763
-
22 260
-
Corporate
89 112
128 000
-
-
income
23 170
33 280
-
-
total
23 170
33 280
-
-
Dividends
65 942
94 720
-
-
withholding
9 891
14 209
-
-
total
9 891
14 209
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 523
47 489
69 474
67 266
After tax
77 477
80 511
58 526
60 734
Living cost
21 426
21 426
21 426
21 426
Free-cash
56 051
59 085
37 100
39 308

Estimated living cost  is ₽21426 per week

₽12936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41583
₽31163
₽37223
₽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
social contributions
-
-
-
32 922
regional
-
-
-
1 930
municipal
-
-
-
760
national
-
-
-
29 468
total
-
-
-
65 080
Employee
52 916
-
128 000
-
municipal
281
-
679
-
national
8 383
-
25 577
-
regional
712
-
1 722
-
social contributions
17 844
-
43 162
-
total
27 220
-
71 140
-
Employer
52 916
-
128 000
-
total
-
-
-
-
Corporate
75 084
128 000
-
-
municipal
3 731
6 361
-
-
nationa
18 019
30 720
-
-
total
21 750
37 081
-
-
Dividends
53 333
90 918
-
-
withholding
13 867
23 639
-
-
total
13 867
23 639
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 837
60 720
71 140
65 080
After tax
65 163
67 280
56 860
62 920
Living cost
25 697
25 697
25 697
25 697
Free-cash
39 466
41 583
31 163
37 223

Estimated living cost  is ₽25697 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58878
₽35704
₽35829
₽48443
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 484
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
-
health
-
-
-
17 280
total
-
-
-
62 921
Employee
43 015
-
95 522
-
solidarity contribution
-
-
-
-
social contributions
2 796
-
6 209
-
income
5 162
-
11 463
-
health
5 807
-
12 896
-
total
13 765
-
30 568
-
Employer
43 015
-
95 522
-
health
3 871
-
8 597
-
social contributions
10 754
-
23 881
-
total
14 625
-
32 478
-
Corporate
70 360
128 000
-
-
income
13 368
24 320
-
-
total
13 368
24 320
-
-
Dividends
56 992
103 680
-
-
withholding
8 549
15 552
-
-
total
8 549
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 307
39 872
63 046
62 921
After tax
77 693
88 128
64 954
65 079
Living cost
29 250
29 250
29 250
29 250
Free-cash
48 443
58 878
35 704
35 829

Estimated living cost  is ₽29250 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40874
₽4236
₽34402
₽40401
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 659
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
512
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
63 164
Employee
41 699
38 016
99 394
-
other
416
380
994
-
unemployment
1 251
1 140
2 982
-
pensions
4 270
3 892
10 177
-
income
3 715
2 804
22 780
-
health
1 613
1 472
3 847
-
total
11 265
9 688
40 780
-
Employer
41 699
38 016
99 394
-
chamber of commerce
167
152
398
-
health
1 577
1 437
3 756
-
pensions
5 234
4 772
12 475
-
accident
541
494
1 293
-
unemployment
1 251
1 140
2 982
-
surtax
-
-
-
-
payroll
1 251
1 140
2 982
-
other
1 980
1 805
4 721
-
total
12 001
10 940
28 607
-
Corporate
74 300
79 043
95 774
-
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.

18 575
19 761
23 943
-
total
18 575
19 761
23 943
-
Dividends
55 725
59 282
-
-
withholding
15 324
16 303
-
-
total
15 324
16 303
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 165
56 692
93 330
63 164
After tax
70 835
71 308
34 670
64 836
Living cost
30 434
30 434
30 434
30 434
Free-cash
40 401
40 874
4 236
34 402

Estimated living cost  is ₽30434 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109458
₽90258
₽114578
₽107181
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
15 178
-
128 000
-
income
3 036
-
25 600
-
total
3 036
-
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%.

112 822
128 000
-
-
total
-
-
-
-
Dividends
112 822
128 000
-
-
withholding
5 641
6 400
-
-
total
5 641
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
8 677
6 400
25 600
1 280
After tax
119 323
121 600
102 400
126 720
Living cost
12 142
12 142
12 142
12 142
Free-cash
107 181
109 458
90 258
114 578

Estimated living cost  is ₽12142 per week

₽8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62542
₽35542
₽38960
₽54561
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 289
unemployment
-
-
-
192
health
-
-
-
12 596
pensions
-
-
-
23 376
total
-
-
-
63 453
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.

42 183
-
110 754
-
unemployment
60
-
156
-
pensions
6 539
-
17 167
-
income
7 274
-
25 151
-
health
2 724
-
7 154
-
total
16 597
-
49 628
-
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.

42 183
-
110 754
-
health
2 810
-
7 375
-
pensions
3 733
-
9 801
-
unemployment
25
-
67
-
total
6 568
-
17 243
-
Corporate
79 249
128 000
-
-
income
15 058
24 319
-
-
total
15 058
24 319
-
-
Dividends
64 191
103 681
-
-
withholding
9 629
15 552
-
-
total
9 629
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
47 852
39 871
66 871
63 453
After tax
80 148
88 129
61 129
64 547
Living cost
25 587
25 587
25 587
25 587
Free-cash
54 561
62 542
35 542
38 960

Estimated living cost  is ₽25587 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36509
₽74022
₽47092
-₽14944
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 950
social contributions
-
-
-
14 592
total
-
-
-
39 542
Employee
59 313
-
-
-
social contributions
4 864
-
693
-
income
13 083
-
-
-
total
17 947
-
693
-
Employer
59 313
-
-
-
social contributions
83 631
-
11 919
-
total
83 631
-
11 919
-
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
101 578
50 125
12 612
39 542
After tax
26 422
77 875
115 388
88 458
Living cost
41 366
41 366
41 366
41 366
Free-cash
-14 944
36 509
74 022
47 092

Estimated living cost  is ₽41366 per week

₽26840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42884
₽31493
₽39981
₽41925
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 617
surtax
-
-
-
-
social contributions

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

-
-
-
44 480
total
-
-
-
58 097
Employee
43 874
-
103 435
-
surtax
-
-
-
-
social contributions
4 826
-
11 378
-
income
9 126
-
30 642
-
total
13 952
-
42 020
-
Employer
43 874
-
103 435
-
social contributions
10 420
-
24 565
-
total
10 420
-
24 565
-
Corporate
73 706
128 000
-
-
income
15 478
26 881
-
-
surtax
-
-
-
-
total
15 478
26 881
-
-
Dividends
58 229
101 119
-
-
withholding
16 303
28 313
-
-
total
16 303
28 313
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 153
55 194
66 585
58 097
After tax
71 847
72 806
61 415
69 903
Living cost
29 922
29 922
29 922
29 922
Free-cash
41 925
42 884
31 493
39 981

Estimated living cost  is ₽29922 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18437
₽28758
₽26707
₽24993
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 802
other
-
-
-
3 968
surtax
-
-
-
-
social contributions
-
-
-
3 646
health
-
-
-
4 164
pensions
-
-
-
26 639
total
-
-
-
55 219
Employee
59 747
-
101 422
-
pensions
6 758
-
6 073
-
surtax
-
-
-
-
social contributions
1 702
-
2 889
-
income
5 213
-
17 626
-
total
13 673
-
26 588
-
Employer
59 747
-
101 422
-
health
4 182
-
8 227
-
pensions
9 817
-
10 401
-
unemployment
2 420
-
4 108
-
social contributions
179
-
304
-
other
2 062
-
3 540
-
total
18 660
-
26 580
-
Corporate
49 593
128 000
-
-
income
13 887
35 840
-
-
surtax
-
-
-
-
total
13 887
35 840
-
-
Dividends
35 706
92 160
-
-
surtax
-
-
-
-
social contributions
6 142
15 853
-
-
withholding
4 571
11 796
-
-
total
10 713
27 649
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 933
63 489
53 168
55 219
After tax
71 067
64 511
74 832
72 781
Living cost
46 074
46 074
46 074
46 074
Free-cash
24 993
18 437
28 758
26 707

Estimated living cost  is ₽46074 per week

₽31182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86525
₽70373
₽66973
₽83320
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 191
social contributions
-
-
-
28 161
total
-
-
-
32 352
Employee
30 668
-
110 822
-
income
-
-
4 569
-
social contributions
1 993
-
7 205
-
total
1 993
-
11 774
-
Employer
30 668
-
110 822
-
social contributions
4 754
-
17 178
-
total
4 754
-
17 178
-
Corporate
92 578
128 000
-
-
income
9 258
12 800
-
-
total
9 258
12 800
-
-
Dividends
83 320
115 200
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
16 005
12 800
28 952
32 352
After tax
111 995
115 200
99 048
95 648
Living cost
28 675
28 675
28 675
28 675
Free-cash
83 320
86 525
70 373
66 973

Estimated living cost  is ₽28675 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79652
-₽79652
₽31896
-₽79652
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 174
municipal
-
-
-
25 479
national
-
-
-
13 725
pensions
-
-
-
826
total
-
-
-
50 204
Employee
193 732
193 732
193 732
-
municipal
41 254
41 254
41 254
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
national
23 668
23 668
23 668
-
total
80 673
80 673
80 673
-
Employer
193 732
193 732
193 732
-
national
23 709
23 709
23 709
-
labour market
15 499
15 499
15 499
-
pensions
551
551
551
-
municipal
41 320
41 320
41 320
-
total
81 079
81 079
81 079
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
161 752
161 752
161 752
50 204
After tax
-33 752
-33 752
-33 752
77 796
Living cost
45 900
45 900
45 900
45 900
Free-cash
-79 652
-79 652
-79 652
31 896

Estimated living cost  is ₽45900 per week

₽31414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10649
₽47006
₽66638
₽7143
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
33 592
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
40 345
Employee
33 061
-
112 675
-
pensions
3 723
-
7 397
-
income
4 536
-
24 353
-
health
3 786
-
12 902
-
total
12 045
-
44 652
-
Employer
33 061
-
112 675
-
pensions
5 376
-
10 682
-
accident
552
-
1 882
-
unemployment
810
-
2 761
-
total
6 738
-
15 325
-
Corporate
88 202
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.

79 381
115 200
-
-
total
79 381
115 200
-
-
Dividends
8 820
12 800
-
-
withholding
1 676
2 432
-
-
total
1 676
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
99 840
117 632
59 977
40 345
After tax
28 160
10 368
68 023
87 655
Living cost
21 017
21 017
21 017
21 017
Free-cash
7 143
-10 649
47 006
66 638

Estimated living cost  is ₽21017 per week

₽15298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45993
₽33069
₽50618
₽46745
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 573
municipal
-
-
-
22 757
national
-
-
-
16 428
total
-
-
-
40 758
Employee
50 189
-
107 681
-
municipal
8 220
-
17 556
-
unemployment
753
-
1 615
-
pensions
3 387
-
7 268
-
national
829
-
10 289
-
health
375
-
1 260
-
total
13 564
-
37 988
-
Employer
50 189
-
107 681
-
health
386
-
829
-
pensions
8 707
-
18 682
-
accident
51
-
107
-
unemployment
326
-
701
-
total
9 470
-
20 319
-
Corporate
68 342
128 000
-
-
income
13 668
25 601
-
-
total
13 668
25 601
-
-
Dividends

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

41 006
76 799
-
-
municipal
7 380
13 823
-
-
national
549
5 959
-
-
total
7 929
19 782
-
-
Income
128 000
128 000
128 000
128 000
Total tax
44 631
45 383
58 307
40 758
After tax
83 369
82 617
69 693
87 242
Living cost
36 624
36 624
36 624
36 624
Free-cash
46 745
45 993
33 069
50 618

Estimated living cost  is ₽36624 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71421
₽66112
₽67408
₽66233
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 808
social contributions
-
-
-
15 434
health
-
-
-
3 264
total
-
-
-
38 506
Employee
73 353
73 353
117 613
-
social contributions
2 773
6 088
8 211
-
income
7 987
6 790
19 205
-
health
568
1 247
1 999
-
total
11 328
14 125
29 415
-
Employer
73 353
73 353
117 613
-
health
617
1 358
2 176
-
social contributions
2 773
6 088
8 211
-
total
3 390
7 446
10 387
-
Corporate
91 194
47 201
-
-
income
11 399
5 900
-
-
total
11 399
5 900
-
-
Dividends
79 795
41 302
-
-
withholding
13 564
7 022
-
-
total
13 564
7 022
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 681
34 493
39 802
38 506
After tax
88 319
93 507
88 198
89 494
Living cost
22 086
22 086
22 086
22 086
Free-cash
66 233
71 421
66 112
67 408

Estimated living cost  is ₽22086 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90850
₽71479
₽90615
₽85998
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 692
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
22 239
Employee

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

21 896
-
118 677
-
unemployment
109
-
453
-
pensions
3 284
-
13 577
-
income
1 497
-
10 328
-
health
1 861
-
7 694
-
total
6 751
-
32 052
-
Employer

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

21 896
-
118 677
-
health
941
-
3 892
-
pensions
1 204
-
4 978
-
unemployment
109
-
453
-
total
2 254
-
9 323
-
Corporate
103 850
128 000
-
-
income
9 346
11 521
-
-
total
9 346
11 521
-
-
Dividends
94 504
116 479
-
-
withholding
8 505
10 483
-
-
total
8 505
10 483
-
-
Income
128 000
128 000
128 000
128 000
Total tax
26 856
22 004
41 375
22 239
After tax
101 144
105 996
86 625
105 761
Living cost
15 146
15 146
15 146
15 146
Free-cash
85 998
90 850
71 479
90 615

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59572
₽40893
₽45477
₽54933
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
797
income
-
-
-
29 764
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
56 291
Employee
35 273
-
99 812
-
other
34
-
89
-
unemployment
547
-
1 370
-
pensions
1 658
-
4 156
-
income
6 800
-
27 072
-
total
9 039
-
32 687
-
Employer
35 273
-
99 812
-
pensions
8 324
-
20 867
-
accident
699
-
1 751
-
unemployment
1 941
-
4 862
-
other
282
-
708
-
total
11 246
-
28 188
-
Corporate
81 482
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.

12 223
19 200
-
-
total
12 223
19 200
-
-
Dividends
69 259
108 800
-
-
withholding
14 327
22 996
-
-
total
14 327
22 996
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 835
42 196
60 875
56 291
After tax
81 165
85 804
67 125
71 709
Living cost
26 232
26 232
26 232
26 232
Free-cash
54 933
59 572
40 893
45 477

Estimated living cost  is ₽26232 per week

₽17706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78016
₽80122
₽80254
₽77711
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 554
health
-
-
-
982
pensions
-
-
-
1 354
total
-
-
-
45 890
Employee
2 827
-
126 477
-
unemployment
28
-
68
-
pensions
254
-
609
-
income
547
-
43 483
-
health
141
-
339
-
total
970
-
44 499
-
Employer
2 827
-
126 477
-
health
269
-
643
-
pensions
311
-
745
-
unemployment
57
-
135
-
total
637
-
1 523
-
Corporate
124 536
128 000
-
-
income
27 398
28 160
-
-
total
27 398
28 160
-
-
Dividends
97 138
99 840
-
-
withholding
19 428
19 968
-
-
total
19 428
19 968
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 433
48 128
46 022
45 890
After tax
79 567
79 872
81 978
82 110
Living cost
1 856
1 856
1 856
1 856
Free-cash
77 711
78 016
80 122
80 254

Estimated living cost  is ₽1856 per week

₽1103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75985
₽56844
₽56845
₽71291
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 016
unemployment
-
-
-
1 057
health
-
-
-
7 260
pensions
-
-
-
18 327
total
-
-
-
54 660
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.

24 873
-
115 383
-
unemployment
187
-
529
-
pensions
3 482
-
9 868
-
income
3 429
-
28 016
-
health
1 281
-
3 630
-
total
8 379
-
42 043
-
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.

24 873
-
115 383
-
health
1 281
-
3 630
-
pensions
2 985
-
8 459
-
unemployment
187
-
529
-
total
4 453
-
12 618
-
Corporate
98 675
128 000
-
-
income
14 801
19 200
-
-
total
14 801
19 200
-
-
Dividends
83 874
108 800
-
-
withholding
12 581
16 320
-
-
total
12 581
16 320
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 214
35 520
54 661
54 660
After tax
87 786
92 480
73 339
73 340
Living cost
16 495
16 495
16 495
16 495
Free-cash
71 291
75 985
56 844
56 845

Estimated living cost  is ₽16495 per week

₽11106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47089
₽35698
₽44186
₽46746
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 617
surtax
-
-
-
-
social contributions

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

-
-
-
44 480
total
-
-
-
58 097
Employee
37 024
-
103 435
-
surtax
-
-
-
-
social contributions
4 073
-
11 378
-
income
7 234
-
30 642
-
total
11 307
-
42 020
-
Employer
37 024
-
103 435
-
social contributions
8 792
-
24 565
-
total
8 792
-
24 565
-
Corporate
82 183
128 000
-
-
income
17 259
26 881
-
-
surtax
-
-
-
-
total
17 259
26 881
-
-
Dividends
64 924
101 119
-
-
withholding
18 179
28 313
-
-
total
18 179
28 313
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 537
55 194
66 585
58 097
After tax
72 463
72 806
61 415
69 903
Living cost
25 717
25 717
25 717
25 717
Free-cash
46 746
47 089
35 698
44 186

Estimated living cost  is ₽25717 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52278
₽33599
₽38183
₽45368
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
797
income
-
-
-
29 764
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
56 291
Employee
46 071
-
99 812
-
other
45
-
89
-
unemployment
713
-
1 370
-
pensions
2 165
-
4 156
-
income
9 623
-
27 072
-
total
12 546
-
32 687
-
Employer
46 071
-
99 812
-
pensions
10 873
-
20 867
-
accident
912
-
1 751
-
unemployment
2 534
-
4 862
-
other
369
-
708
-
total
14 688
-
28 188
-
Corporate
67 241
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.

10 087
19 200
-
-
total
10 087
19 200
-
-
Dividends
57 154
108 800
-
-
withholding
11 785
22 996
-
-
total
11 785
22 996
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 106
42 196
60 875
56 291
After tax
78 894
85 804
67 125
71 709
Living cost
33 526
33 526
33 526
33 526
Free-cash
45 368
52 278
33 599
38 183

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93029
₽88079
₽83492
₽87213
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 200
unemployment
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
28 097
Employee
21 731
-
121 462
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 908
-
2 926
-
income
2 173
-
12 146
-
health
1 000
-
1 533
-
total
5 320
-
16 972
-
Employer
21 731
-
121 462
-
health
1 500
-
2 299
-
pensions

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

2 395
-
3 672
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
unemployment
131
-
200
-
total
4 265
-
6 538
-
Corporate
102 006
128 000
-
-
income
10 201
12 800
-
-
total
10 201
12 800
-
-
Dividends
91 805
115 200
-
-
withholding
4 590
5 760
-
-
total
4 590
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
24 376
18 560
23 510
28 097
After tax
103 624
109 440
104 490
99 903
Living cost
16 411
16 411
16 411
16 411
Free-cash
87 213
93 029
88 079
83 492

Estimated living cost  is ₽16411 per week

₽10854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29111
₽47595
₽35591
₽41593
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
35 127
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.

-
-
-
1 932
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.

-
-
-
6 517
trade
-
-
-
12 004
total
-
-
-
55 580
Employee

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

47 464
-
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.

215
-
1 932
-
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.

3 903
-
35 127
-
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.

6 517
-
6 517
-
total
10 635
-
43 576
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 536
128 000
-
-
income
12 080
19 200
-
-
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.

664
1 055
-
-
chamber of commerce
262
333
-
-
trade
11 557
18 369
-
-
total
24 563
38 957
-
-
Dividends
55 972
89 043
-
-
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.

749
1 204
-
-
withholding
13 631
21 899
-
-
total
14 380
23 103
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 578
62 060
43 576
55 580
After tax
78 422
65 940
84 424
72 420
Living cost
36 829
36 829
36 829
36 829
Free-cash
41 593
29 111
47 595
35 591

Estimated living cost  is ₽36829 per week

₽25405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
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.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35261
₽17800
₽17800
₽37367
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 432
social contributions
-
-
-
20 428
total
-
-
-
55 860
Employee
74 619
-
128 000
-
income
14 080
-
35 432
-
social contributions
6 199
-
20 428
-
total
20 279
-
55 860
-
Employer
74 619
-
128 000
-
total
-
-
-
-
Corporate
53 381
128 000
-
-
income
6 673
15 999
-
-
total
6 673
15 999
-
-
Dividends
46 708
112 001
-
-
withholding
9 341
22 400
-
-
total
9 341
22 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
36 293
38 399
55 860
55 860
After tax
91 707
89 601
72 140
72 140
Living cost
54 340
54 340
54 340
54 340
Free-cash
37 367
35 261
17 800
17 800

Estimated living cost  is ₽54340 per week

₽41341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43531
₽58825
₽60369
₽46867
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 154
health

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

-
-
-
5 849
total
-
-
-
33 003
Employee
43 761
-
123 612
-
income
4 748
-
25 771
-
social contributions
4 384
-
4 388
-
total
9 132
-
30 159
-
Employer
43 761
-
123 612
-
social contributions
4 384
-
4 388
-
total
4 384
-
4 388
-
Corporate
79 855
128 000
-
-
income
27 949
44 801
-
-
total
27 949
44 801
-
-
Dividends
51 906
83 199
-
-
social contributions
5 040
5 040
-
-
total
5 040
5 040
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 505
49 841
34 547
33 003
After tax
81 495
78 159
93 453
94 997
Living cost
34 628
34 628
34 628
34 628
Free-cash
46 867
43 531
58 825
60 369

Estimated living cost  is ₽34628 per week

₽22809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52808
₽40835
₽52636
₽55413
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 471
pensions
-
-
-
7 741
total
-
-
-
40 212
Employee
48 251
-
112 173
-
pensions
3 683
-
9 804
-
income
8 787
-
24 606
-
health
629
-
1 776
-
total
13 099
-
36 186
-
Employer
48 251
-
112 173
-
health
917
-
2 132
-
pensions
4 875
-
13 695
-
total
5 792
-
15 827
-
Corporate
73 957
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.

14 051
24 320
-
-
total
14 051
24 320
-
-
Dividends
59 906
103 680
-
-
withholding
4 493
15 720
-
-
total
4 493
15 720
-
-
Income
128 000
128 000
128 000
128 000
Total tax
37 435
40 040
52 013
40 212
After tax
90 565
87 960
75 987
87 788
Living cost
35 152
35 152
35 152
35 152
Free-cash
55 413
52 808
40 835
52 636

Estimated living cost  is ₽35152 per week

₽24114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12729
₽44926
₽64558
₽6825
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
33 592
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
40 345
Employee
36 333
-
112 675
-
pensions
4 091
-
7 397
-
income
4 985
-
24 353
-
health
4 160
-
12 902
-
total
13 236
-
44 652
-
Employer
36 333
-
112 675
-
pensions
5 908
-
10 682
-
accident
607
-
1 882
-
unemployment
890
-
2 761
-
total
7 405
-
15 325
-
Corporate
84 263
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.

75 836
115 200
-
-
total
75 836
115 200
-
-
Dividends
8 426
12 800
-
-
withholding
1 601
2 432
-
-
total
1 601
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
98 078
117 632
59 977
40 345
After tax
29 922
10 368
68 023
87 655
Living cost
23 097
23 097
23 097
23 097
Free-cash
6 825
-12 729
44 926
64 558

Estimated living cost  is ₽23097 per week

₽16951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽94842
₽73676
₽59428
₽90384
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 502
unemployment
-
-
-
1 536
work injury
-
-
-
640
health insurance
-
-
-
9 472
pensions
-
-
-
23 552
total
-
-
-
55 702
Employee

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

20 592
-
128 000
-
health insurance
1 524
-
5 638
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 789
-
14 019
-
income
2 059
-
20 502
-
total
7 722
-
41 454
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 408
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%.

1 074
1 280
-
-
total
1 074
1 280
-
-
Dividends
106 334
126 720
-
-
withholding
15 950
19 008
-
-
total
15 950
19 008
-
-
Income
128 000
128 000
128 000
128 000
Total tax
24 746
20 288
41 454
55 702
After tax
103 254
107 712
86 546
72 298
Living cost
12 870
12 870
12 870
12 870
Free-cash
90 384
94 842
73 676
59 428

Estimated living cost  is ₽12870 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29419
₽18040
₽23894
₽25079
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 857
municipal
-
-
-
856
national
-
-
-
29 468
total
-
-
-
66 103
Employee
80 385
-
128 000
-
municipal
480
-
764
-
national
13 584
-
25 577
-
regional
1 214
-
2 454
-
social contributions
27 105
-
43 162
-
total
42 383
-
71 957
-
Employer
80 385
-
128 000
-
total
-
-
-
-
Corporate
47 615
128 000
-
-
municipal
2 295
6 169
-
-
nationa
11 428
30 720
-
-
total
13 723
36 889
-
-
Dividends
33 892
91 110
-
-
withholding
8 812
23 689
-
-
total
8 812
23 689
-
-
Income
128 000
128 000
128 000
128 000
Total tax
64 918
60 578
71 957
66 103
After tax
63 082
67 422
56 043
61 897
Living cost
38 003
38 003
38 003
38 003
Free-cash
25 079
29 419
18 040
23 894

Estimated living cost  is ₽38003 per week

₽26694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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