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
₽34331
₽54760
₽41927
₽45398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 217
surtax

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

-
-
-
1 882
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.

-
-
-
6 835
trade
-
-
-
12 833
total
-
-
-
55 767
Employee

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

38 269
-
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.

59
-
1 882
-
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.

1 069
-
34 217
-
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.

6 835
-
6 835
-
total
7 963
-
42 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 731
128 000
-
-
income
13 460
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.

741
1 056
-
-
chamber of commerce
281
336
-
-
trade
14 132
20 161
-
-
total
28 614
40 753
-
-
Dividends
61 117
87 248
-
-
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.

820
1 179
-
-
withholding
14 899
21 431
-
-
total
15 719
22 610
-
-
Income
128 000
128 000
128 000
128 000
Total tax
52 296
63 363
42 934
55 767
After tax
75 704
64 637
85 066
72 233
Living cost
30 306
30 306
30 306
30 306
Free-cash
45 398
34 331
54 760
41 927

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26821
₽24484
₽23480
₽25939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 623
national
-
-
-
21 110
pensions
-
-
-
15 360
total
-
-
-
51 469
Employee
82 238
-
110 655
-
municipal
10 158
-
14 119
-
pensions
3 290
-
4 426
-
national
15 740
-
21 878
-
total
29 188
-
40 423
-
Employer
82 238
-
110 655
-
pensions
6 579
-
8 852
-
social contributions
884
-
1 190
-
total
7 463
-
10 042
-
Corporate
32 871
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%.

6 574
25 600
-
-
total
6 574
25 600
-
-
Dividends
26 297
102 400
-
-
withholding
5 785
22 528
-
-
total
5 785
22 528
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 010
48 128
50 465
51 469
After tax
78 990
79 872
77 535
76 531
Living cost
53 051
53 051
53 051
53 051
Free-cash
25 939
26 821
24 484
23 480

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81584
₽51012
₽16724
₽73378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 484
surtax
-
-
-
32 641
social contributions

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

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
90 460
Employee
29 236
-
103 151
-
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.

3 216
-
11 347
-
income
5 204
-
19 976
-
total
8 420
-
31 323
-
Employer
29 236
-
103 151
-
social contributions

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

7 042
-
24 849
-
surtax
-
-
-
-
total
7 042
-
24 849
-
Corporate
91 721
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%.

18 344
25 600
-
-
total
18 344
25 600
-
-
Dividends

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

73 378
102 400
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
33 806
25 600
56 172
90 460
After tax
94 194
102 400
71 828
37 540
Living cost
20 816
20 816
20 816
20 816
Free-cash
73 378
81 584
51 012
16 724

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20737
₽29445
₽31826
₽14609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 199
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
54 260
Employee
85 442
85 442
109 406
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
13 114
11 155
12 338
-
total
42 480
36 864
38 047
-
Employer
85 442
85 442
109 406
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
28 644
27 596
-
-
income
5 728
5 520
-
-
total
5 728
5 520
-
-
Dividends
22 915
22 076
-
-
income
4 870
4 692
-
-
withholding
3 437
3 311
-
-
total
8 307
8 003
-
-
Income
128 000
128 000
128 000
128 000
Total tax
71 477
65 349
56 641
54 260
After tax
56 523
62 651
71 359
73 740
Living cost
41 914
41 914
41 914
41 914
Free-cash
14 609
20 737
29 445
31 826

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28787
₽25937
₽27044
₽27865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
30 388
national
-
-
-
3 371
pensions
-
-
-
9 738
total
-
-
-
59 855
Employee
58 565
-
99 697
-
municipal
17 464
-
29 730
-
national
-
-
2 929
-
total
17 464
-
32 659
-
Employer
58 565
-
99 697
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
51 034
128 000
-
-
income
11 227
28 160
-
-
total
11 227
28 160
-
-
Dividends
39 806
99 840
-
-
withholding
11 942
29 952
-
-
total
11 942
29 952
-
-
Income
128 000
128 000
128 000
128 000
Total tax
59 034
58 112
60 962
59 855
After tax
68 966
69 888
67 038
68 145
Living cost
41 101
41 101
41 101
41 101
Free-cash
27 865
28 787
25 937
27 044

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24673
₽45761
₽32358
₽38733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 217
surtax

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

-
-
-
1 882
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.

-
-
-
6 835
trade
-
-
-
13 403
total
-
-
-
56 337
Employee

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

50 740
-
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.

239
-
1 882
-
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.

4 359
-
34 217
-
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.

6 835
-
6 835
-
total
11 433
-
42 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 260
128 000
-
-
income
11 590
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.

638
1 056
-
-
chamber of commerce
262
334
-
-
trade
12 710
21 057
-
-
total
25 200
41 647
-
-
Dividends
52 061
86 354
-
-
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.

695
1 166
-
-
withholding
12 634
21 209
-
-
total
13 329
22 375
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 962
64 022
42 934
56 337
After tax
78 038
63 978
85 066
71 663
Living cost
39 305
39 305
39 305
39 305
Free-cash
38 733
24 673
45 761
32 358

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61080
₽55827
₽57182
₽56932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 913
social contributions
-
-
-
16 188
health
-
-
-
3 264
total
-
-
-
38 365
Employee
76 937
76 937
117 219
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
18 332
-
health
765
1 308
1 994
-
total
12 583
14 815
28 939
-
Employer
76 937
76 937
117 219
-
health
834
1 424
2 168
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
10 781
-
Corporate
78 392
43 254
-
-
income
9 799
5 408
-
-
total
9 799
5 408
-
-
Dividends
68 593
37 846
-
-
withholding
11 660
6 435
-
-
total
11 660
6 435
-
-
Income
128 000
128 000
128 000
128 000
Total tax
38 615
34 467
39 720
38 365
After tax
89 385
93 533
88 280
89 635
Living cost
32 453
32 453
32 453
32 453
Free-cash
56 932
61 080
55 827
57 182

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53639
₽55831
₽70301
₽54021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

26 520
10 554
107 113
-
unemployment
398
158
1 607
-
pensions
2 652
1 055
10 711
-
income
3 242
1 290
13 095
-
health
1 856
739
7 498
-
total
8 148
3 242
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.

26 520
10 554
107 113
-
pensions
5 171
2 058
20 887
-
total
5 171
2 058
20 887
-
Corporate
96 309
115 387
-
-
income
8 668
10 385
-
-
total
8 668
10 385
-
-
Dividends
87 641
105 003
-
-
social contributions
16 969
20 355
-
-
withholding
16 652
19 950
-
-
total
33 621
40 305
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 608
55 990
53 798
39 328
After tax
72 392
72 010
74 202
88 672
Living cost
18 371
18 371
18 371
18 371
Free-cash
54 021
53 639
55 831
70 301

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78233
₽49612
₽44442
₽72017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 151
health
-
-
-
16 640
pensions
-
-
-
25 600
total
-
-
-
59 391
Employee
28 384
-
95 665
-
unemployment
454
-
1 530
-
pensions
568
-
1 914
-
income
3 196
-
18 444
-
total
4 218
-
21 888
-
Employer
28 384
-
95 665
-
health
3 689
-
12 437
-
pensions
5 677
-
19 131
-
unemployment
228
-
765
-
total
9 594
-
32 333
-
Corporate
90 022
128 000
-
-
income
18 004
25 600
-
-
total
18 004
25 600
-
-
Dividends
72 018
102 400
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
31 816
25 600
54 221
59 391
After tax
96 184
102 400
73 779
68 609
Living cost
24 167
24 167
24 167
24 167
Free-cash
72 017
78 233
49 612
44 442

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11934
₽45448
₽65381
₽6947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
256
income
-
-
-
33 256
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
40 317
Employee
35 083
-
112 208
-
pensions
3 950
-
7 734
-
income
4 813
-
23 876
-
health
4 017
-
12 848
-
total
12 780
-
44 458
-
Employer
35 083
-
112 208
-
pensions
5 705
-
11 169
-
accident
586
-
1 874
-
unemployment
859
-
2 749
-
total
7 150
-
15 792
-
Corporate
85 768
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.

77 191
115 200
-
-
total
77 191
115 200
-
-
Dividends
8 577
12 800
-
-
withholding
1 630
2 432
-
-
total
1 630
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
98 751
117 632
60 250
40 317
After tax
29 249
10 368
67 750
87 683
Living cost
22 302
22 302
22 302
22 302
Free-cash
6 947
-11 934
45 448
65 381

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113535
₽94335
₽118655
₽112023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
128 000
microenterprise

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

-
-
-
1 280
total
-
-
-
1 280
Employee
10 081
-
128 000
-
income
2 016
-
25 600
-
total
2 016
-
25 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

117 919
128 000
-
-
total
-
-
-
-
Dividends
117 919
128 000
-
-
withholding
5 896
6 400
-
-
total
5 896
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
7 912
6 400
25 600
1 280
After tax
120 088
121 600
102 400
126 720
Living cost
8 065
8 065
8 065
8 065
Free-cash
112 023
113 535
94 335
118 655

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67382
₽47043
₽41748
₽60624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 159
other
-
-
-
6 080
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.

-
-
-
30 721
total
-
-
-
59 592
Employee
36 329
-
102 236
-
unemployment
363
-
1 022
-
pensions

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

2 542
-
7 156
-
income
6 254
-
18 923
-
health
509
-
1 432
-
total
9 668
-
28 533
-
Employer
36 329
-
102 236
-
health
509
-
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.

6 177
-
17 379
-
accident
291
-
818
-
unemployment
363
-
1 022
-
other
1 817
-
5 113
-
total
9 157
-
25 764
-
Corporate
82 516
128 000
-
-
income
17 328
26 880
-
-
total
17 328
26 880
-
-
Dividends
65 188
101 120
-
-
withholding
4 563
7 078
-
-
total
4 563
7 078
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 716
33 958
54 297
59 592
After tax
87 284
94 042
73 703
68 408
Living cost
26 660
26 660
26 660
26 660
Free-cash
60 624
67 382
47 043
41 748

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22493
₽10216
₽22059
₽15957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 625
pensions
-
-
-
7 988
total
-
-
-
39 613
Employee
93 844
-
112 248
-
pensions
9 053
-
10 168
-
income
16 916
-
23 727
-
health
1 546
-
1 809
-
total
27 515
-
35 704
-
Employer
93 844
-
112 248
-
health
1 782
-
2 132
-
pensions
11 080
-
13 620
-
total
12 862
-
15 752
-
Corporate
21 294
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.

4 045
24 321
-
-
total
4 045
24 321
-
-
Dividends
17 249
103 679
-
-
withholding
1 293
14 858
-
-
total
1 293
14 858
-
-
Income
128 000
128 000
128 000
128 000
Total tax
45 715
39 179
51 456
39 613
After tax
82 285
88 821
76 544
88 387
Living cost
66 328
66 328
66 328
66 328
Free-cash
15 957
22 493
10 216
22 059

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
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.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96327
₽90858
₽86358
₽91682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
28 529
Employee
17 364
-
121 146
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
12 115
-
health
799
-
1 607
-
total
4 251
-
17 174
-
Employer
17 364
-
121 146
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
107 229
128 000
-
-
income
10 722
12 800
-
-
total
10 722
12 800
-
-
Dividends
96 506
115 200
-
-
withholding
4 825
5 760
-
-
total
4 825
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
23 205
18 560
24 029
28 529
After tax
104 795
109 440
103 971
99 471
Living cost
13 113
13 113
13 113
13 113
Free-cash
91 682
96 327
90 858
86 358

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7169
₽15877
₽18258
₽9685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 199
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
54 260
Employee
92 763
85 442
109 406
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
11 573
11 155
12 338
-
total
37 282
36 864
38 047
-
Employer
92 763
85 442
109 406
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
18 995
27 596
-
-
income
3 799
5 520
-
-
total
3 799
5 520
-
-
Dividends
15 196
22 076
-
-
income
3 230
4 692
-
-
withholding
2 280
3 311
-
-
total
5 510
8 003
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 833
65 349
56 641
54 260
After tax
65 167
62 651
71 359
73 740
Living cost
55 482
55 482
55 482
55 482
Free-cash
9 685
7 169
15 877
18 258

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63268
₽40094
₽38845
₽54399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 242
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
17 280
total
-
-
-
64 295
Employee
36 559
-
95 522
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
6 209
-
income
4 387
-
11 463
-
health
4 936
-
12 896
-
total
11 699
-
30 568
-
Employer
36 559
-
95 522
-
health
3 290
-
8 597
-
social contributions
9 140
-
23 881
-
total
12 430
-
32 478
-
Corporate
79 011
128 000
-
-
income
15 012
24 320
-
-
total
15 012
24 320
-
-
Dividends
63 999
103 680
-
-
withholding
9 600
15 552
-
-
total
9 600
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 741
39 872
63 046
64 295
After tax
79 259
88 128
64 954
63 705
Living cost
24 860
24 860
24 860
24 860
Free-cash
54 399
63 268
40 094
38 845

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26074
₽15405
₽21494
₽20850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 462
municipal
-
-
-
761
national
-
-
-
29 142
total
-
-
-
64 287
Employee
88 922
-
128 000
-
municipal
471
-
678
-
national
15 408
-
25 251
-
regional
839
-
1 285
-
social contributions
29 985
-
43 162
-
total
46 703
-
70 376
-
Employer
88 922
-
128 000
-
total
-
-
-
-
Corporate
39 078
128 000
-
-
municipal
1 525
4 992
-
-
nationa
9 378
30 719
-
-
total
10 903
35 711
-
-
Dividends
28 175
92 289
-
-
withholding
7 325
23 996
-
-
total
7 325
23 996
-
-
Income
128 000
128 000
128 000
128 000
Total tax
64 931
59 707
70 376
64 287
After tax
63 069
68 293
57 624
63 713
Living cost
42 219
42 219
42 219
42 219
Free-cash
20 850
26 074
15 405
21 494

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58432
₽37251
₽39366
₽55319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 837
other
-
-
-
-
surtax
-
-
-
3 803
unemployment
-
-
-
228
health
-
-
-
9 087
pensions
-
-
-
25 600
total
-
-
-
66 555
Employee
33 087
-
105 741
-
other
-
-
-
-
unemployment
2 303
-
7 359
-
pensions
2 206
-
7 054
-
surtax
108
-
3 469
-
income
5 546
-
25 834
-
health
845
-
2 696
-
total
11 008
-
46 412
-
Employer
33 087
-
105 741
-
health
1 506
-
4 811
-
pensions
4 411
-
14 096
-
unemployment
1 048
-
3 351
-
other
-
-
-
-
total
6 965
-
22 258
-
Corporate
87 948
128 000
-
-
income
22 866
33 281
-
-
total
22 866
33 281
-
-
Dividends
65 082
94 719
-
-
withholding
9 763
14 208
-
-
total
9 763
14 208
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 602
47 489
68 670
66 555
After tax
77 398
80 511
59 330
61 445
Living cost
22 079
22 079
22 079
22 079
Free-cash
55 319
58 432
37 251
39 366

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43508
₽31231
₽43074
₽42787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 625
pensions
-
-
-
7 988
total
-
-
-
39 613
Employee
62 892
-
112 248
-
pensions
5 338
-
10 168
-
income
11 327
-
23 727
-
health
913
-
1 809
-
total
17 578
-
35 704
-
Employer
62 892
-
112 248
-
health
1 195
-
2 132
-
pensions
6 808
-
13 620
-
total
8 003
-
15 752
-
Corporate
57 106
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.

10 851
24 321
-
-
total
10 851
24 321
-
-
Dividends
46 255
103 679
-
-
withholding
3 468
14 858
-
-
total
3 468
14 858
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 900
39 179
51 456
39 613
After tax
88 100
88 821
76 544
88 387
Living cost
45 313
45 313
45 313
45 313
Free-cash
42 787
43 508
31 231
43 074

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20716
₽20155
₽26506
₽13193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 560
regional
-
-
-
5 060
health
-
-
-
289
city
-
-
-
1 349
national
-
-
-
1 216
pensions
-
-
-
11 774
total
-
-
-
22 248
Employee
92 738
-
114 567
-
unemployment
-
-
-
-
pensions
7 791
-
9 623
-
national
439
-
950
-
regional
3 037
-
4 364
-
city
995
-
1 231
-
health
210
-
258
-
total
12 472
-
16 426
-
Employer
92 738
-
114 567
-
health
210
-
258
-
pensions
7 791
-
9 623
-
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.

1 854
-
2 292
-
total
9 855
-
12 173
-
Corporate
24 387
128 000
-
-
regional
5 158
27 072
-
-
national
2 072
10 881
-
-
total
7 230
37 953
-
-
Dividends
17 158
90 047
-
-
withholding
6 004
31 517
-
-
total
6 004
31 517
-
-
Income
128 000
128 000
128 000
128 000
Total tax
35 561
69 470
28 599
22 248
After tax
92 439
58 530
99 401
105 752
Living cost
79 246
79 246
79 246
79 246
Free-cash
13 193
-20 716
20 155
26 506

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17487
₽39231
₽25256
₽33710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 217
surtax

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

-
-
-
1 882
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.

-
-
-
6 835
trade
-
-
-
13 975
total
-
-
-
56 909
Employee

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

60 131
-
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.

389
-
1 882
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

7 071
-
34 217
-
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.

6 835
-
6 835
-
total
14 295
-
42 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 869
128 000
-
-
income
10 181
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.

560
1 056
-
-
chamber of commerce
247
332
-
-
trade
11 639
21 951
-
-
total
22 627
42 539
-
-
Dividends
45 242
85 461
-
-
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.

602
1 154
-
-
withholding
10 931
20 985
-
-
total
11 533
22 139
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 455
64 678
42 934
56 909
After tax
79 545
63 322
85 066
71 091
Living cost
45 835
45 835
45 835
45 835
Free-cash
33 710
17 487
39 231
25 256

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30280
₽41505
₽38681
₽36190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 144
other
-
-
-
3 968
surtax
-
-
-
-
social contributions
-
-
-
3 647
health
-
-
-
3 906
pensions
-
-
-
27 422
total
-
-
-
55 087
Employee
42 822
-
101 845
-
pensions
4 842
-
5 915
-
surtax
-
-
-
-
social contributions
1 221
-
2 903
-
income
2 527
-
17 297
-
total
8 590
-
26 115
-
Employer
42 822
-
101 845
-
health
2 998
-
8 040
-
pensions
7 035
-
10 163
-
unemployment
1 734
-
4 124
-
social contributions
129
-
306
-
other
1 477
-
3 515
-
total
13 373
-
26 148
-
Corporate
71 806
128 000
-
-
income
20 106
35 840
-
-
surtax
-
-
-
-
total
20 106
35 840
-
-
Dividends
51 700
92 160
-
-
surtax
-
-
-
-
social contributions
8 892
15 851
-
-
withholding
6 617
11 797
-
-
total
15 509
27 648
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 578
63 488
52 263
55 087
After tax
70 422
64 512
75 737
72 913
Living cost
34 232
34 232
34 232
34 232
Free-cash
36 190
30 280
41 505
38 681

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
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.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33672
₽44897
₽42073
₽39231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 144
other
-
-
-
3 968
surtax
-
-
-
-
social contributions
-
-
-
3 647
health
-
-
-
3 906
pensions
-
-
-
27 422
total
-
-
-
55 087
Employee
38 224
-
101 845
-
pensions
4 323
-
5 915
-
surtax
-
-
-
-
social contributions
1 090
-
2 903
-
income
1 971
-
17 297
-
total
7 384
-
26 115
-
Employer
38 224
-
101 845
-
health
2 675
-
8 040
-
pensions
6 281
-
10 163
-
unemployment
1 547
-
4 124
-
social contributions
114
-
306
-
other
1 320
-
3 515
-
total
11 937
-
26 148
-
Corporate
77 838
128 000
-
-
income
21 795
35 840
-
-
surtax
-
-
-
-
total
21 795
35 840
-
-
Dividends
56 043
92 160
-
-
surtax
-
-
-
-
social contributions
9 640
15 851
-
-
withholding
7 173
11 797
-
-
total
16 813
27 648
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 929
63 488
52 263
55 087
After tax
70 071
64 512
75 737
72 913
Living cost
30 840
30 840
30 840
30 840
Free-cash
39 231
33 672
44 897
42 073

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56876
₽59764
₽60987
₽57397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 664
health
-
-
-
8 933
total
-
-
-
45 797
Employee
33 924
-
128 000
-
social contributions
4 682
-
17 664
-
income
5 658
-
20 423
-
health
2 368
-
8 933
-
total
12 708
-
47 020
-
Employer
33 924
-
128 000
-
total
-
-
-
-
Corporate
94 076
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%.

4 703
6 401
-
-
total
4 703
6 401
-
-
Dividends
89 373
121 599
-
-
social contributions
12 334
16 781
-
-
withholding
13 405
18 239
-
-
health
6 237
8 487
-
-
total
31 976
43 507
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 387
49 908
47 020
45 797
After tax
78 613
78 092
80 980
82 203
Living cost
21 216
21 216
21 216
21 216
Free-cash
57 397
56 876
59 764
60 987

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36030
-₽18
₽28949
₽34484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 383
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
513
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
63 796
Employee
50 003
39 873
99 242
-
other
499
399
993
-
unemployment
1 500
1 196
2 977
-
pensions
5 121
4 082
10 162
-
income
5 692
2 941
22 171
-
health
1 935
1 544
3 841
-
total
14 747
10 162
40 144
-
Employer
50 003
39 873
99 242
-
chamber of commerce
199
159
397
-
health
1 889
1 508
3 752
-
pensions
6 275
5 005
12 456
-
accident
649
518
1 289
-
unemployment
1 500
1 196
2 977
-
surtax
197
197
197
-
payroll
1 500
1 196
2 977
-
other
2 375
1 893
4 713
-
total
14 584
11 672
28 758
-
Corporate
63 411
76 454
95 445
-
income

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

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

15 852
19 112
23 861
-
total
15 852
19 112
23 861
-
Dividends
47 559
57 341
-
-
withholding
13 078
15 769
-
-
total
13 078
15 769
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 261
56 715
92 763
63 796
After tax
69 739
71 285
35 237
64 204
Living cost
35 255
35 255
35 255
35 255
Free-cash
34 484
36 030
-18
28 949

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35205
₽11279
₽20734
₽20199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 461
social contributions
-
-
-
20 321
national
-
-
-
44 003
total
-
-
-
70 785
Employee

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

71 569
-
99 139
-
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.

623
-
862
-
communal

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

3 733
-
5 170
-
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.

5 368
-
7 435
-
national
22 003
-
33 254
-
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.

3 363
-
4 659
-
total
35 090
-
51 380
-
Employer

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

71 569
-
99 139
-
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.

4 401
-
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.

6 342
-
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.

930
-
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.

1 044
-
1 447
-
surtax
8 115
-
11 244
-
total
20 832
-
28 860
-
Corporate
35 598
128 000
-
-
income
7 120
25 600
-
-
surtax
142
513
-
-
total
7 262
26 113
-
-
Dividends
28 335
101 887
-
-
withholding

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

8 136
30 201
-
-
total
8 136
30 201
-
-
Income
128 000
128 000
128 000
128 000
Total tax
71 320
56 314
80 240
70 785
After tax
56 680
71 686
47 760
57 215
Living cost
36 481
36 481
36 481
36 481
Free-cash
20 199
35 205
11 279
20 734

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49769
₽30332
₽35140
₽42076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
835
income
-
-
-
28 905
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
56 726
Employee
49 805
-
98 435
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
26 080
-
total
13 671
-
31 969
-
Employer
49 805
-
98 435
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
62 320
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.

9 347
19 200
-
-
total
9 347
19 200
-
-
Dividends
52 973
108 800
-
-
withholding
10 897
22 897
-
-
total
10 897
22 897
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 790
42 097
61 534
56 726
After tax
78 210
85 903
66 466
71 274
Living cost
36 134
36 134
36 134
36 134
Free-cash
42 076
49 769
30 332
35 140

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22760
₽19417
₽14313
₽12862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 078
income
-
-
-
15 620
surtax
-
-
-
6 346
health
-
-
-
8 994
pensions
-
-
-
19 185
total
-
-
-
59 313
Employee
75 770
-
114 337
-
pensions
6 061
-
9 146
-
surtax
4 644
-
7 006
-
income
7 319
-
19 305
-
health
3 372
-
5 089
-
total
21 396
-
40 546
-
Employer
75 770
-
114 337
-
health
2 311
-
3 488
-
pensions
6 061
-
9 146
-
accident
682
-
1 029
-
total
9 054
-
13 663
-
Corporate
43 177
128 000
-
-
communal
2 915
8 639
-
-
income
6 477
19 200
-
-
surtax
454
1 344
-
-
total
9 846
29 183
-
-
Dividends
33 332
98 817
-
-
income
15 469
6 860
-
-
withholding
4 999
14 823
-
-
total
20 468
21 683
-
-
Income
128 000
128 000
128 000
128 000
Total tax
60 764
50 866
54 209
59 313
After tax
67 236
77 134
73 791
68 687
Living cost
54 374
54 374
54 374
54 374
Free-cash
12 862
22 760
19 417
14 313

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58038
₽36857
₽38972
₽54858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 837
other
-
-
-
-
surtax
-
-
-
3 803
unemployment
-
-
-
228
health
-
-
-
9 087
pensions
-
-
-
25 600
total
-
-
-
66 555
Employee
33 695
-
105 741
-
other
-
-
-
-
unemployment
2 345
-
7 359
-
pensions
2 248
-
7 054
-
surtax
120
-
3 469
-
income
5 649
-
25 834
-
health
860
-
2 696
-
total
11 222
-
46 412
-
Employer
33 695
-
105 741
-
health
1 532
-
4 811
-
pensions
4 492
-
14 096
-
unemployment
1 069
-
3 351
-
other
-
-
-
-
total
7 093
-
22 258
-
Corporate
87 212
128 000
-
-
income
22 674
33 281
-
-
total
22 674
33 281
-
-
Dividends
64 537
94 719
-
-
withholding
9 680
14 208
-
-
total
9 680
14 208
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 669
47 489
68 670
66 555
After tax
77 331
80 511
59 330
61 445
Living cost
22 473
22 473
22 473
22 473
Free-cash
54 858
58 038
36 857
38 972

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40329
₽30234
₽36293
₽38106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
761
national
-
-
-
29 142
total
-
-
-
64 755
Employee
55 502
-
128 000
-
municipal
294
-
678
-
national
8 793
-
25 251
-
regional
747
-
1 723
-
social contributions
18 716
-
43 162
-
total
28 550
-
70 814
-
Employer
55 502
-
128 000
-
total
-
-
-
-
Corporate
72 498
128 000
-
-
municipal
3 604
6 361
-
-
nationa
17 400
30 719
-
-
total
21 004
37 080
-
-
Dividends
51 495
90 920
-
-
withholding
13 388
23 639
-
-
total
13 388
23 639
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 942
60 719
70 814
64 755
After tax
65 058
67 281
57 186
63 245
Living cost
26 952
26 952
26 952
26 952
Free-cash
38 106
40 329
30 234
36 293

Estimated living cost  is ₽26952 per week

₽16762
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.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57494
₽34320
₽33071
₽46565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 242
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
17 280
total
-
-
-
64 295
Employee
45 050
-
95 522
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
6 209
-
income
5 406
-
11 463
-
health
6 082
-
12 896
-
total
14 416
-
30 568
-
Employer
45 050
-
95 522
-
health
4 055
-
8 597
-
social contributions
11 263
-
23 881
-
total
15 318
-
32 478
-
Corporate
67 632
128 000
-
-
income
12 850
24 320
-
-
total
12 850
24 320
-
-
Dividends
54 782
103 680
-
-
withholding
8 217
15 552
-
-
total
8 217
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 801
39 872
63 046
64 295
After tax
77 199
88 128
64 954
63 705
Living cost
30 634
30 634
30 634
30 634
Free-cash
46 565
57 494
34 320
33 071

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39471
₽3356
₽32480
₽38973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 383
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
513
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
63 599
Employee
43 737
39 873
99 390
-
other
437
399
993
-
unemployment
1 312
1 196
2 981
-
pensions
4 479
4 082
10 177
-
income
3 896
2 941
22 223
-
health
1 692
1 544
3 847
-
total
11 816
10 162
40 221
-
Employer
43 737
39 873
99 390
-
chamber of commerce
175
159
397
-
health
1 654
1 508
3 758
-
pensions
5 489
5 005
12 473
-
accident
568
518
1 291
-
unemployment
1 312
1 196
2 981
-
surtax
-
-
-
-
payroll
1 312
1 196
2 981
-
other
2 077
1 893
4 720
-
total
12 587
11 475
28 601
-
Corporate
71 677
76 651
95 602
-
income

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

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

17 920
19 162
23 901
-
total
17 920
19 162
23 901
-
Dividends
53 757
57 489
-
-
withholding
14 783
15 809
-
-
total
14 783
15 809
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 106
56 608
92 723
63 599
After tax
70 894
71 392
35 277
64 401
Living cost
31 921
31 921
31 921
31 921
Free-cash
38 973
39 471
3 356
32 480

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109032
₽89832
₽114152
₽106675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 710
-
128 000
-
income
3 142
-
25 600
-
total
3 142
-
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%.

112 290
128 000
-
-
total
-
-
-
-
Dividends
112 290
128 000
-
-
withholding
5 615
6 400
-
-
total
5 615
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
8 757
6 400
25 600
1 280
After tax
119 243
121 600
102 400
126 720
Living cost
12 568
12 568
12 568
12 568
Free-cash
106 675
109 032
89 832
114 152

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61290
₽34495
₽38128
₽52920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 874
unemployment
-
-
-
192
health
-
-
-
12 594
pensions
-
-
-
23 375
total
-
-
-
63 035
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 244
-
110 756
-
unemployment
63
-
156
-
pensions
6 858
-
17 166
-
income
7 630
-
24 948
-
health
2 858
-
7 154
-
total
17 409
-
49 424
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 244
-
110 756
-
health
2 947
-
7 377
-
pensions
3 915
-
9 801
-
unemployment
27
-
66
-
total
6 889
-
17 244
-
Corporate
76 867
128 000
-
-
income
14 605
24 321
-
-
total
14 605
24 321
-
-
Dividends
62 262
103 679
-
-
withholding
9 340
15 552
-
-
total
9 340
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 243
39 873
66 668
63 035
After tax
79 757
88 127
61 332
64 965
Living cost
26 837
26 837
26 837
26 837
Free-cash
52 920
61 290
34 495
38 128

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34064
₽70832
₽44647
-₽23392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
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
107 581
50 125
13 357
39 542
After tax
20 419
77 875
114 643
88 458
Living cost
43 811
43 811
43 811
43 811
Free-cash
-23 392
34 064
70 832
44 647

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
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.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41422
₽30556
₽38786
₽40413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 351
surtax
-
-
-
-
social contributions

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

-
-
-
44 479
total
-
-
-
57 830
Employee
46 017
-
103 434
-
surtax
-
-
-
-
social contributions
5 062
-
11 377
-
income
9 572
-
30 117
-
total
14 634
-
41 494
-
Employer
46 017
-
103 434
-
social contributions
10 929
-
24 566
-
total
10 929
-
24 566
-
Corporate
71 054
128 000
-
-
income
14 922
26 880
-
-
surtax
-
-
-
-
total
14 922
26 880
-
-
Dividends
56 132
101 120
-
-
withholding
15 718
28 314
-
-
total
15 718
28 314
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 203
55 194
66 060
57 830
After tax
71 797
72 806
61 940
70 170
Living cost
31 384
31 384
31 384
31 384
Free-cash
40 413
41 422
30 556
38 786

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16187
₽27412
₽24588
₽23061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 144
other
-
-
-
3 968
surtax
-
-
-
-
social contributions
-
-
-
3 647
health
-
-
-
3 906
pensions
-
-
-
27 422
total
-
-
-
55 087
Employee
62 666
-
101 845
-
pensions
7 088
-
5 915
-
surtax
-
-
-
-
social contributions
1 785
-
2 903
-
income
5 468
-
17 297
-
total
14 341
-
26 115
-
Employer
62 666
-
101 845
-
health
4 386
-
8 040
-
pensions
10 297
-
10 163
-
unemployment
2 539
-
4 124
-
social contributions
188
-
306
-
other
2 163
-
3 515
-
total
19 573
-
26 148
-
Corporate
45 762
128 000
-
-
income
12 813
35 840
-
-
surtax
-
-
-
-
total
12 813
35 840
-
-
Dividends
32 950
92 160
-
-
surtax
-
-
-
-
social contributions
5 670
15 851
-
-
withholding
4 217
11 797
-
-
total
9 887
27 648
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 614
63 488
52 263
55 087
After tax
71 386
64 512
75 737
72 913
Living cost
48 325
48 325
48 325
48 325
Free-cash
23 061
16 187
27 412
24 588

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85125
₽69257
₽65856
₽81763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 908
social contributions
-
-
-
28 160
total
-
-
-
32 068
Employee
32 166
-
110 822
-
income
-
-
4 285
-
social contributions
2 090
-
7 204
-
total
2 090
-
11 489
-
Employer
32 166
-
110 822
-
social contributions
4 986
-
17 178
-
total
4 986
-
17 178
-
Corporate
90 848
128 000
-
-
income
9 085
12 799
-
-
total
9 085
12 799
-
-
Dividends
81 762
115 201
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
16 161
12 799
28 667
32 068
After tax
111 839
115 201
99 333
95 932
Living cost
30 076
30 076
30 076
30 076
Free-cash
81 763
85 125
69 257
65 856

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽89883
-₽89883
₽29595
-₽89883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 171
municipal
-
-
-
25 233
national
-
-
-
13 973
pensions
-
-
-
867
total
-
-
-
50 244
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
169 722
169 722
169 722
50 244
After tax
-41 722
-41 722
-41 722
77 756
Living cost
48 161
48 161
48 161
48 161
Free-cash
-89 883
-89 883
-89 883
29 595

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11605
₽45777
₽65710
₽6999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
256
income
-
-
-
33 256
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
40 317
Employee
34 565
-
112 208
-
pensions
3 892
-
7 734
-
income
4 742
-
23 876
-
health
3 958
-
12 848
-
total
12 592
-
44 458
-
Employer
34 565
-
112 208
-
pensions
5 620
-
11 169
-
accident
577
-
1 874
-
unemployment
847
-
2 749
-
total
7 044
-
15 792
-
Corporate
86 390
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.

77 751
115 200
-
-
total
77 751
115 200
-
-
Dividends
8 639
12 800
-
-
withholding
1 641
2 432
-
-
total
1 641
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
99 028
117 632
60 250
40 317
After tax
28 972
10 368
67 750
87 683
Living cost
21 973
21 973
21 973
21 973
Free-cash
6 999
-11 605
45 777
65 710

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44558
₽31801
₽49351
₽44926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 553
municipal
-
-
-
22 760
national
-
-
-
15 922
total
-
-
-
40 235
Employee
52 641
-
107 678
-
municipal
8 622
-
17 559
-
unemployment
790
-
1 616
-
pensions
3 553
-
7 268
-
national
870
-
9 782
-
health
393
-
1 240
-
total
14 228
-
37 465
-
Employer
52 641
-
107 678
-
health
404
-
830
-
pensions
9 133
-
18 681
-
accident
53
-
108
-
unemployment
342
-
701
-
total
9 932
-
20 320
-
Corporate
65 427
128 000
-
-
income
13 086
25 600
-
-
total
13 086
25 600
-
-
Dividends

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

39 256
76 800
-
-
municipal
7 065
13 825
-
-
national
349
5 603
-
-
total
7 414
19 428
-
-
Income
128 000
128 000
128 000
128 000
Total tax
44 660
45 028
57 785
40 235
After tax
83 340
82 972
70 215
87 765
Living cost
38 414
38 414
38 414
38 414
Free-cash
44 926
44 558
31 801
49 351

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70368
₽65115
₽66470
₽64924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 913
social contributions
-
-
-
16 188
health
-
-
-
3 264
total
-
-
-
38 365
Employee
76 937
76 937
117 219
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
18 332
-
health
596
1 308
1 994
-
total
11 882
14 815
28 939
-
Employer
76 937
76 937
117 219
-
health
647
1 424
2 168
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
10 781
-
Corporate
89 396
43 254
-
-
income
11 174
5 408
-
-
total
11 174
5 408
-
-
Dividends
78 222
37 846
-
-
withholding
13 299
6 435
-
-
total
13 299
6 435
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 911
34 467
39 720
38 365
After tax
88 089
93 533
88 280
89 635
Living cost
23 165
23 165
23 165
23 165
Free-cash
64 924
70 368
65 115
66 470

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90111
₽69406
₽89475
₽85020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 625
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
22 639
Employee

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

22 966
-
118 222
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
10 145
-
health
1 952
-
8 070
-
total
7 080
-
32 930
-
Employer

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

22 966
-
118 222
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
102 670
128 000
-
-
income
9 241
11 520
-
-
total
9 241
11 520
-
-
Dividends
93 429
116 480
-
-
withholding
8 409
10 483
-
-
total
8 409
10 483
-
-
Income
128 000
128 000
128 000
128 000
Total tax
27 094
22 003
42 708
22 639
After tax
100 906
105 997
85 292
105 361
Living cost
15 886
15 886
15 886
15 886
Free-cash
85 020
90 111
69 406
89 475

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58389
₽38952
₽43760
₽53419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
835
income
-
-
-
28 905
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
56 726
Employee
36 996
-
98 435
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
26 080
-
total
9 481
-
31 969
-
Employer
36 996
-
98 435
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
79 209
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.

11 882
19 200
-
-
total
11 882
19 200
-
-
Dividends
67 327
108 800
-
-
withholding
13 910
22 897
-
-
total
13 910
22 897
-
-
Income
128 000
128 000
128 000
128 000
Total tax
47 067
42 097
61 534
56 726
After tax
80 933
85 903
66 466
71 274
Living cost
27 514
27 514
27 514
27 514
Free-cash
53 419
58 389
38 952
43 760

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77932
₽79983
₽80121
₽77613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 498
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
45 939
Employee
2 954
-
126 408
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
43 424
-
health
148
-
354
-
total
1 015
-
44 486
-
Employer
2 954
-
126 408
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
124 381
128 000
-
-
income
27 364
28 160
-
-
total
27 364
28 160
-
-
Dividends
97 017
99 840
-
-
withholding
19 403
19 968
-
-
total
19 403
19 968
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 447
48 128
46 077
45 939
After tax
79 553
79 872
81 923
82 061
Living cost
1 940
1 940
1 940
1 940
Free-cash
77 613
77 932
79 983
80 121

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75178
₽54928
₽54929
₽70254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 821
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
55 769
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 090
-
114 765
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
27 821
-
health
1 344
-
3 808
-
total
8 789
-
42 535
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 090
-
114 765
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
97 240
128 000
-
-
income
14 586
19 200
-
-
total
14 586
19 200
-
-
Dividends
82 654
108 800
-
-
withholding
12 398
16 320
-
-
total
12 398
16 320
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 444
35 520
55 770
55 769
After tax
87 556
92 480
72 230
72 231
Living cost
17 302
17 302
17 302
17 302
Free-cash
70 254
75 178
54 928
54 929

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45832
₽34966
₽43196
₽45471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 351
surtax
-
-
-
-
social contributions

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

-
-
-
44 479
total
-
-
-
57 830
Employee
38 833
-
103 434
-
surtax
-
-
-
-
social contributions
4 272
-
11 377
-
income
7 588
-
30 117
-
total
11 860
-
41 494
-
Employer
38 833
-
103 434
-
social contributions
9 222
-
24 566
-
total
9 222
-
24 566
-
Corporate
79 945
128 000
-
-
income
16 788
26 880
-
-
surtax
-
-
-
-
total
16 788
26 880
-
-
Dividends
63 156
101 120
-
-
withholding
17 685
28 314
-
-
total
17 685
28 314
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 555
55 194
66 060
57 830
After tax
72 445
72 806
61 940
70 170
Living cost
26 974
26 974
26 974
26 974
Free-cash
45 471
45 832
34 966
43 196

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50739
₽31302
₽36110
₽43385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
835
income
-
-
-
28 905
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
56 726
Employee
48 322
-
98 435
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
26 080
-
total
13 159
-
31 969
-
Employer
48 322
-
98 435
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
64 272
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.

9 642
19 200
-
-
total
9 642
19 200
-
-
Dividends
54 630
108 800
-
-
withholding
11 244
22 897
-
-
total
11 244
22 897
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 451
42 097
61 534
56 726
After tax
78 549
85 903
66 466
71 274
Living cost
35 164
35 164
35 164
35 164
Free-cash
43 385
50 739
31 302
36 110

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
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.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92235
₽86766
₽82266
₽86139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
28 529
Employee
22 782
-
121 146
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
12 115
-
health
1 048
-
1 607
-
total
5 577
-
17 174
-
Employer
22 782
-
121 146
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
100 748
128 000
-
-
income
10 075
12 800
-
-
total
10 075
12 800
-
-
Dividends
90 673
115 200
-
-
withholding
4 534
5 760
-
-
total
4 534
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
24 656
18 560
24 029
28 529
After tax
103 344
109 440
103 971
99 471
Living cost
17 205
17 205
17 205
17 205
Free-cash
86 139
92 235
86 766
82 266

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27325
₽46438
₽34746
₽40416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
34 217
surtax

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

-
-
-
1 882
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.

-
-
-
6 835
trade
-
-
-
11 692
total
-
-
-
54 626
Employee

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

49 783
-
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.

226
-
1 882
-
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.

4 094
-
34 217
-
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.

6 835
-
6 835
-
total
11 155
-
42 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 217
128 000
-
-
income
11 732
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.

646
1 056
-
-
chamber of commerce
266
340
-
-
trade
11 223
18 368
-
-
total
23 867
38 964
-
-
Dividends
54 350
89 036
-
-
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.

727
1 204
-
-
withholding
13 207
21 879
-
-
total
13 934
23 083
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 956
62 047
42 934
54 626
After tax
79 044
65 953
85 066
73 374
Living cost
38 628
38 628
38 628
38 628
Free-cash
40 416
27 325
46 438
34 746

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32606
₽24368
₽24368
₽34815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
128 000
income
-
-
-
34 663
social contributions
-
-
-
11 974
total
-
-
-
46 637
Employee
78 265
-
128 000
-
income
14 768
-
34 663
-
social contributions
6 502
-
11 974
-
total
21 270
-
46 637
-
Employer
78 265
-
128 000
-
total
-
-
-
-
Corporate
49 735
128 000
-
-
income
6 216
16 000
-
-
total
6 216
16 000
-
-
Dividends
43 519
112 000
-
-
withholding
8 704
22 399
-
-
total
8 704
22 399
-
-
Income
128 000
128 000
128 000
128 000
Total tax
36 190
38 399
46 637
46 637
After tax
91 810
89 601
81 363
81 363
Living cost
56 995
56 995
56 995
56 995
Free-cash
34 815
32 606
24 368
24 368

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
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.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41594
₽57635
₽57180
₽45091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
123 398
-
income
4 980
-
24 841
-
social contributions
4 599
-
4 602
-
total
9 579
-
29 443
-
Employer
45 899
-
123 398
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
77 502
128 000
-
-
income
27 125
44 800
-
-
total
27 125
44 800
-
-
Dividends
50 377
83 200
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 589
50 086
34 045
34 500
After tax
81 411
77 914
93 955
93 500
Living cost
36 320
36 320
36 320
36 320
Free-cash
45 091
41 594
57 635
57 180

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51983
₽39706
₽51549
₽53470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 625
pensions
-
-
-
7 988
total
-
-
-
39 613
Employee
50 566
-
112 248
-
pensions
3 859
-
10 168
-
income
9 208
-
23 727
-
health
660
-
1 809
-
total
13 727
-
35 704
-
Employer
50 566
-
112 248
-
health
961
-
2 132
-
pensions
5 109
-
13 620
-
total
6 070
-
15 752
-
Corporate
71 364
128 000
-
-
income

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

13 559
24 321
-
-
total
13 559
24 321
-
-
Dividends
57 805
103 679
-
-
withholding
4 336
14 858
-
-
total
4 336
14 858
-
-
Income
128 000
128 000
128 000
128 000
Total tax
37 692
39 179
51 456
39 613
After tax
90 308
88 821
76 544
88 387
Living cost
36 838
36 838
36 838
36 838
Free-cash
53 470
51 983
39 706
51 549

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13781
₽43601
₽63534
₽6665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
256
income
-
-
-
33 256
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
40 317
Employee
37 987
-
112 208
-
pensions
4 277
-
7 734
-
income
5 211
-
23 876
-
health
4 349
-
12 848
-
total
13 837
-
44 458
-
Employer
37 987
-
112 208
-
pensions
6 176
-
11 169
-
accident
634
-
1 874
-
unemployment
931
-
2 749
-
total
7 741
-
15 792
-
Corporate
82 272
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.

74 045
115 200
-
-
total
74 045
115 200
-
-
Dividends
8 227
12 800
-
-
withholding
1 563
2 432
-
-
total
1 563
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
97 186
117 632
60 250
40 317
After tax
30 814
10 368
67 750
87 683
Living cost
24 149
24 149
24 149
24 149
Free-cash
6 665
-13 781
43 601
63 534

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94198
₽72111
₽58911
₽89517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 375
unemployment
-
-
-
1 536
work injury
-
-
-
640
health insurance
-
-
-
9 472
pensions
-
-
-
23 552
total
-
-
-
55 575
Employee

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

21 623
-
128 000
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
20 375
-
total
8 108
-
42 375
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 377
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%.

1 064
1 280
-
-
total
1 064
1 280
-
-
Dividends
105 313
126 720
-
-
withholding
15 797
19 008
-
-
total
15 797
19 008
-
-
Income
128 000
128 000
128 000
128 000
Total tax
24 969
20 288
42 375
55 575
After tax
103 031
107 712
85 625
72 425
Living cost
13 514
13 514
13 514
13 514
Free-cash
89 517
94 198
72 111
58 911

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27565
₽16553
₽22406
₽23011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 815
municipal
-
-
-
856
national
-
-
-
29 142
total
-
-
-
65 735
Employee
84 312
-
128 000
-
municipal
503
-
763
-
national
14 248
-
25 251
-
regional
1 273
-
2 412
-
social contributions
28 430
-
43 162
-
total
44 454
-
71 588
-
Employer
84 312
-
128 000
-
total
-
-
-
-
Corporate
43 688
128 000
-
-
municipal
2 106
6 169
-
-
nationa
10 485
30 719
-
-
total
12 591
36 888
-
-
Dividends
31 098
91 112
-
-
withholding
8 085
23 688
-
-
total
8 085
23 688
-
-
Income
128 000
128 000
128 000
128 000
Total tax
65 130
60 576
71 588
65 735
After tax
62 870
67 424
56 412
62 265
Living cost
39 859
39 859
39 859
39 859
Free-cash
23 011
27 565
16 553
22 406

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close