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
₽36183
₽55779
₽42495
₽46567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
128 000
income

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

-
-
-
35 422
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.

-
-
-
1 947
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.

-
-
-
6 414
trade
-
-
-
13 284
total
-
-
-
57 067
Employee

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

35 910
-
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.

55
-
1 947
-
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.

1 003
-
35 422
-
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.

6 414
-
6 414
-
total
7 472
-
43 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 090
128 000
-
-
income
13 814
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.

759
1 057
-
-
chamber of commerce
274
326
-
-
trade
14 505
20 160
-
-
total
29 352
40 743
-
-
Dividends
62 738
87 258
-
-
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.

843
1 179
-
-
withholding
15 328
21 457
-
-
total
16 171
22 636
-
-
Income
128 000
128 000
128 000
128 000
Total tax
52 995
63 379
43 783
57 067
After tax
75 005
64 621
84 217
70 933
Living cost
28 438
28 438
28 438
28 438
Free-cash
46 567
36 183
55 779
42 495

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29921
₽27389
₽26384
₽29091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 700
national
-
-
-
21 229
pensions
-
-
-
15 360
total
-
-
-
51 665
Employee
77 434
-
110 655
-
municipal
9 564
-
14 195
-
pensions
3 097
-
4 426
-
national
14 821
-
21 997
-
total
27 482
-
40 618
-
Employer
77 434
-
110 655
-
pensions
6 195
-
8 852
-
social contributions
832
-
1 190
-
total
7 027
-
10 042
-
Corporate
38 429
128 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

7 686
25 600
-
-
total
7 686
25 600
-
-
Dividends
30 743
102 400
-
-
withholding
6 763
22 528
-
-
total
6 763
22 528
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 958
48 128
50 660
51 665
After tax
79 042
79 872
77 340
76 335
Living cost
49 951
49 951
49 951
49 951
Free-cash
29 091
29 921
27 389
26 384

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82868
₽52226
₽19756
₽75165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 097
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.

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
88 711
Employee
27 434
-
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.

3 018
-
11 346
-
income
4 884
-
20 046
-
total
7 902
-
31 392
-
Employer
27 434
-
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.

6 608
-
24 849
-
surtax
-
-
-
-
total
6 608
-
24 849
-
Corporate
93 957
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%.

18 792
25 599
-
-
total
18 792
25 599
-
-
Dividends

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

75 166
102 401
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
33 302
25 599
56 241
88 711
After tax
94 698
102 401
71 759
39 289
Living cost
19 533
19 533
19 533
19 533
Free-cash
75 165
82 868
52 226
19 756

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23486
₽35520
₽33937
₽17731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
32 155
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
54 732
Employee
80 176
80 176
110 552
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
11 577
-
total
39 862
34 591
35 701
-
Employer
80 176
80 176
110 552
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
34 767
33 784
-
-
income
6 954
6 756
-
-
total
6 954
6 756
-
-
Dividends
27 813
27 028
-
-
income
5 910
5 744
-
-
withholding
4 173
4 053
-
-
total
10 083
9 797
-
-
Income
128 000
128 000
128 000
128 000
Total tax
70 938
65 183
53 149
54 732
After tax
57 062
62 817
74 851
73 268
Living cost
39 331
39 331
39 331
39 331
Free-cash
17 731
23 486
35 520
33 937

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32125
₽29048
₽30065
₽31275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
31 020
national
-
-
-
5 176
pensions
-
-
-
8 947
total
-
-
-
60 172
Employee
53 808
-
101 996
-
municipal
16 046
-
30 415
-
national
-
-
4 770
-
total
16 046
-
35 185
-
Employer
53 808
-
101 996
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
57 285
128 000
-
-
income
12 603
28 160
-
-
total
12 603
28 160
-
-
Dividends
44 682
99 840
-
-
withholding
13 405
29 952
-
-
total
13 405
29 952
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 962
58 112
61 189
60 172
After tax
69 038
69 888
66 811
67 828
Living cost
37 763
37 763
37 763
37 763
Free-cash
31 275
32 125
29 048
30 065

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27079
₽47334
₽33458
₽40270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
128 000
income

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

-
-
-
35 422
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.

-
-
-
1 947
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.

-
-
-
6 414
trade
-
-
-
13 876
total
-
-
-
57 659
Employee

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

47 612
-
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.

224
-
1 947
-
income

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

4 091
-
35 422
-
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.

6 414
-
6 414
-
total
10 729
-
43 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 388
128 000
-
-
income
12 059
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.

663
1 057
-
-
chamber of commerce
257
324
-
-
trade
13 224
21 056
-
-
total
26 203
41 637
-
-
Dividends
54 186
86 363
-
-
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.

725
1 167
-
-
withholding
13 190
21 234
-
-
total
13 915
22 401
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 847
64 038
43 783
57 659
After tax
77 153
63 962
84 217
70 341
Living cost
36 883
36 883
36 883
36 883
Free-cash
40 270
27 079
47 334
33 458

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽63045
₽57679
₽58907
₽59153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 185
social contributions
-
-
-
15 191
health
-
-
-
3 264
total
-
-
-
38 640
Employee
72 195
72 195
117 739
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
19 524
-
health
718
1 228
2 001
-
total
11 807
13 903
29 607
-
Employer
72 195
72 195
117 739
-
health
782
1 336
2 179
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
10 261
-
Corporate
81 450
48 477
-
-
income
10 181
6 060
-
-
total
10 181
6 060
-
-
Dividends
71 269
42 417
-
-
withholding
12 116
7 211
-
-
total
12 116
7 211
-
-
Income
128 000
128 000
128 000
128 000
Total tax
38 394
34 502
39 868
38 640
After tax
89 606
93 498
88 132
89 360
Living cost
30 453
30 453
30 453
30 453
Free-cash
59 153
63 045
57 679
58 907

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55152
₽57378
₽71848
₽55504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 286
9 665
107 113
-
unemployment
364
145
1 607
-
pensions
2 429
967
10 711
-
income
2 969
1 182
13 095
-
health
1 700
677
7 498
-
total
7 462
2 971
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.

24 286
9 665
107 113
-
pensions
4 736
1 885
20 887
-
total
4 736
1 885
20 887
-
Corporate
98 979
116 450
-
-
income
8 908
10 480
-
-
total
8 908
10 480
-
-
Dividends
90 071
105 969
-
-
social contributions
17 453
20 554
-
-
withholding
17 113
20 134
-
-
total
34 566
40 688
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 672
56 024
53 798
39 328
After tax
72 328
71 976
74 202
88 672
Living cost
16 824
16 824
16 824
16 824
Free-cash
55 504
55 152
57 378
71 848

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79724
₽51099
₽45931
₽73889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
17 152
health
-
-
-
16 639
pensions
-
-
-
25 601
total
-
-
-
59 392
Employee
26 635
-
95 664
-
unemployment
426
-
1 530
-
pensions
533
-
1 914
-
income
2 999
-
18 444
-
total
3 958
-
21 888
-
Employer
26 635
-
95 664
-
health
3 462
-
12 436
-
pensions
5 327
-
19 134
-
unemployment
214
-
766
-
total
9 003
-
32 336
-
Corporate
92 363
128 000
-
-
income
18 473
25 599
-
-
total
18 473
25 599
-
-
Dividends
73 890
102 401
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
31 434
25 599
54 224
59 392
After tax
96 566
102 401
73 776
68 608
Living cost
22 677
22 677
22 677
22 677
Free-cash
73 889
79 724
51 099
45 931

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10563
₽47205
₽66712
₽7157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
33 730
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
40 357
Employee
32 926
-
112 868
-
pensions
3 708
-
7 259
-
income
4 517
-
24 550
-
health
3 770
-
12 923
-
total
11 995
-
44 732
-
Employer
32 926
-
112 868
-
pensions
5 354
-
10 482
-
accident
550
-
1 885
-
unemployment
807
-
2 765
-
total
6 711
-
15 132
-
Corporate
88 364
128 000
-
-
income

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

79 527
115 200
-
-
total
79 527
115 200
-
-
Dividends
8 837
12 800
-
-
withholding
1 679
2 432
-
-
total
1 679
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
99 912
117 632
59 864
40 357
After tax
28 088
10 368
68 136
87 643
Living cost
20 931
20 931
20 931
20 931
Free-cash
7 157
-10 563
47 205
66 712

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114049
₽94849
₽119169
₽112634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
128 000
microenterprise

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

-
-
-
1 280
total
-
-
-
1 280
Employee
9 438
-
128 000
-
income
1 887
-
25 600
-
total
1 887
-
25 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

118 562
128 000
-
-
total
-
-
-
-
Dividends
118 562
128 000
-
-
withholding
5 928
6 400
-
-
total
5 928
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
7 815
6 400
25 600
1 280
After tax
120 185
121 600
102 400
126 720
Living cost
7 551
7 551
7 551
7 551
Free-cash
112 634
114 049
94 849
119 169

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69024
₽48427
₽43134
₽62685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 420
other
-
-
-
6 079
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.

-
-
-
30 718
total
-
-
-
59 849
Employee
34 090
-
102 237
-
unemployment
340
-
1 023
-
pensions

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

2 386
-
7 155
-
income
5 869
-
19 184
-
health
477
-
1 431
-
total
9 072
-
28 793
-
Employer
34 090
-
102 237
-
health
477
-
1 431
-
pensions

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

5 796
-
17 379
-
accident
273
-
818
-
unemployment
340
-
1 023
-
other
1 705
-
5 112
-
total
8 591
-
25 763
-
Corporate
85 319
128 000
-
-
income
17 917
26 880
-
-
total
17 917
26 880
-
-
Dividends
67 402
101 120
-
-
withholding
4 718
7 079
-
-
total
4 718
7 079
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 298
33 959
54 556
59 849
After tax
87 702
94 041
73 444
68 151
Living cost
25 017
25 017
25 017
25 017
Free-cash
62 685
69 024
48 427
43 134

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24879
₽12937
₽24734
₽19968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
32 554
pensions
-
-
-
7 716
total
-
-
-
40 270
Employee
89 130
-
112 168
-
pensions
8 599
-
9 769
-
income
16 067
-
24 692
-
health
1 469
-
1 774
-
total
26 135
-
36 235
-
Employer
89 130
-
112 168
-
health
1 693
-
2 130
-
pensions
10 524
-
13 702
-
total
12 217
-
15 832
-
Corporate
26 653
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.

5 064
24 321
-
-
total
5 064
24 321
-
-
Dividends
21 589
103 679
-
-
withholding
1 620
15 804
-
-
total
1 620
15 804
-
-
Income
128 000
128 000
128 000
128 000
Total tax
45 036
40 125
52 067
40 270
After tax
82 964
87 875
75 933
87 730
Living cost
62 996
62 996
62 996
62 996
Free-cash
19 968
24 879
12 937
24 734

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽97130
₽92349
₽87733
₽92770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
27 957
Employee
16 300
-
121 566
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
12 156
-
health
750
-
1 509
-
total
3 990
-
16 906
-
Employer
16 300
-
121 566
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
108 501
128 000
-
-
income
10 850
12 800
-
-
total
10 850
12 800
-
-
Dividends
97 651
115 200
-
-
withholding
4 883
5 760
-
-
total
4 883
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
22 920
18 560
23 341
27 957
After tax
105 080
109 440
104 659
100 043
Living cost
12 310
12 310
12 310
12 310
Free-cash
92 770
97 130
92 349
87 733

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10755
₽22789
₽21206
₽13115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
32 155
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
54 732
Employee
87 046
80 176
110 552
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
11 577
-
total
34 983
34 591
35 701
-
Employer
87 046
80 176
110 552
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
25 713
33 784
-
-
income
5 142
6 756
-
-
total
5 142
6 756
-
-
Dividends
20 571
27 028
-
-
income
4 371
5 744
-
-
withholding
3 086
4 053
-
-
total
7 457
9 797
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 823
65 183
53 149
54 732
After tax
65 177
62 817
74 851
73 268
Living cost
52 062
52 062
52 062
52 062
Free-cash
13 115
10 755
22 789
21 206

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽65138
₽41964
₽43002
₽56936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 646
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
17 280
total
-
-
-
62 008
Employee
33 809
-
95 522
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
6 209
-
income
4 057
-
11 463
-
health
4 564
-
12 896
-
total
10 819
-
30 568
-
Employer
33 809
-
95 522
-
health
3 043
-
8 597
-
social contributions
8 452
-
23 881
-
total
11 495
-
32 478
-
Corporate
82 695
128 000
-
-
income
15 712
24 320
-
-
total
15 712
24 320
-
-
Dividends
66 983
103 680
-
-
withholding
10 048
15 552
-
-
total
10 048
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 074
39 872
63 046
62 008
After tax
79 926
88 128
64 954
65 992
Living cost
22 990
22 990
22 990
22 990
Free-cash
56 936
65 138
41 964
43 002

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28677
₽17566
₽23655
₽23775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 472
municipal
-
-
-
761
national
-
-
-
29 573
total
-
-
-
64 728
Employee
83 442
-
128 000
-
municipal
442
-
679
-
national
14 458
-
25 681
-
regional
787
-
1 295
-
social contributions
28 137
-
43 162
-
total
43 824
-
70 817
-
Employer
83 442
-
128 000
-
total
-
-
-
-
Corporate
44 558
128 000
-
-
municipal
1 737
4 992
-
-
nationa
10 694
30 720
-
-
total
12 431
35 712
-
-
Dividends
32 127
92 288
-
-
withholding
8 353
23 994
-
-
total
8 353
23 994
-
-
Income
128 000
128 000
128 000
128 000
Total tax
64 608
59 706
70 817
64 728
After tax
63 392
68 294
57 183
63 272
Living cost
39 617
39 617
39 617
39 617
Free-cash
23 775
28 677
17 566
23 655

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59795
₽37549
₽40018
₽56873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
29 038
other
-
-
-
-
surtax
-
-
-
4 055
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
67 264
Employee
31 048
-
105 743
-
other
-
-
-
-
unemployment
2 161
-
7 360
-
pensions
2 070
-
7 054
-
surtax
102
-
3 665
-
income
5 204
-
26 701
-
health
793
-
2 696
-
total
10 330
-
47 476
-
Employer
31 048
-
105 743
-
health
1 413
-
4 811
-
pensions
4 139
-
14 095
-
unemployment
983
-
3 351
-
other
-
-
-
-
total
6 535
-
22 257
-
Corporate
90 417
128 000
-
-
income
23 508
33 280
-
-
total
23 508
33 280
-
-
Dividends
66 909
94 720
-
-
withholding
10 036
14 207
-
-
total
10 036
14 207
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 409
47 487
69 733
67 264
After tax
77 591
80 513
58 267
60 736
Living cost
20 718
20 718
20 718
20 718
Free-cash
56 873
59 795
37 549
40 018

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44838
₽32896
₽44693
₽45455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
32 554
pensions
-
-
-
7 716
total
-
-
-
40 270
Employee
59 733
-
112 168
-
pensions
5 070
-
9 769
-
income
10 758
-
24 692
-
health
867
-
1 774
-
total
16 695
-
36 235
-
Employer
59 733
-
112 168
-
health
1 135
-
2 130
-
pensions
6 466
-
13 702
-
total
7 601
-
15 832
-
Corporate
60 666
128 000
-
-
income

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

11 526
24 321
-
-
total
11 526
24 321
-
-
Dividends
49 141
103 679
-
-
withholding
3 686
15 804
-
-
total
3 686
15 804
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 508
40 125
52 067
40 270
After tax
88 492
87 875
75 933
87 730
Living cost
43 037
43 037
43 037
43 037
Free-cash
45 455
44 838
32 896
44 693

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15748
₽24831
₽31093
₽16033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 304
health
-
-
-
288
city
-
-
-
1 349
national
-
-
-
1 351
pensions
-
-
-
11 775
total
-
-
-
22 627
Employee
86 926
-
114 567
-
unemployment
-
-
-
-
pensions
7 303
-
9 623
-
national
411
-
1 061
-
regional
2 846
-
4 544
-
city
933
-
1 231
-
health
197
-
258
-
total
11 690
-
16 717
-
Employer
86 926
-
114 567
-
health
197
-
258
-
pensions
7 303
-
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.

1 738
-
2 291
-
total
9 238
-
12 172
-
Corporate
30 880
128 000
-
-
regional
6 530
27 071
-
-
national
2 625
10 880
-
-
total
9 155
37 951
-
-
Dividends
21 725
90 049
-
-
withholding
7 604
31 517
-
-
total
7 604
31 517
-
-
Income
128 000
128 000
128 000
128 000
Total tax
37 687
69 468
28 889
22 627
After tax
90 313
58 532
99 111
105 373
Living cost
74 280
74 280
74 280
74 280
Free-cash
16 033
-15 748
24 831
31 093

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20293
₽41206
₽26740
₽35516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
128 000
income

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

-
-
-
35 422
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.

-
-
-
1 947
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.

-
-
-
6 414
trade
-
-
-
14 466
total
-
-
-
58 249
Employee

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

56 425
-
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.

365
-
1 947
-
income

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

6 635
-
35 422
-
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.

6 414
-
6 414
-
total
13 414
-
43 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 575
128 000
-
-
income
10 737
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.

590
1 057
-
-
chamber of commerce
244
322
-
-
trade
12 276
21 952
-
-
total
23 847
42 531
-
-
Dividends
47 729
85 469
-
-
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.

636
1 156
-
-
withholding
11 576
21 010
-
-
total
12 212
22 166
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 473
64 697
43 783
58 249
After tax
78 527
63 303
84 217
69 751
Living cost
43 010
43 010
43 010
43 010
Free-cash
35 516
20 293
41 206
26 740

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32388
₽42408
₽40615
₽37938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 015
other
-
-
-
3 968
surtax
-
-
-
-
social contributions
-
-
-
3 647
health
-
-
-
4 246
pensions
-
-
-
26 387
total
-
-
-
55 263
Employee
40 183
-
101 271
-
pensions
4 543
-
6 126
-
surtax
-
-
-
-
social contributions
1 146
-
2 885
-
income
2 371
-
17 729
-
total
8 060
-
26 740
-
Employer
40 183
-
101 271
-
health
2 813
-
8 286
-
pensions
6 601
-
10 477
-
unemployment
1 627
-
4 101
-
social contributions
121
-
305
-
other
1 386
-
3 561
-
total
12 548
-
26 730
-
Corporate
75 269
128 000
-
-
income
21 076
35 841
-
-
surtax
-
-
-
-
total
21 076
35 841
-
-
Dividends
54 193
92 159
-
-
surtax
-
-
-
-
social contributions
9 320
15 852
-
-
withholding
6 936
11 797
-
-
total
16 256
27 649
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 940
63 490
53 470
55 263
After tax
70 060
64 510
74 530
72 737
Living cost
32 122
32 122
32 122
32 122
Free-cash
37 938
32 388
42 408
40 615

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35570
₽45590
₽43797
₽40788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 015
other
-
-
-
3 968
surtax
-
-
-
-
social contributions
-
-
-
3 647
health
-
-
-
4 246
pensions
-
-
-
26 387
total
-
-
-
55 263
Employee
35 869
-
101 271
-
pensions
4 057
-
6 126
-
surtax
-
-
-
-
social contributions
1 023
-
2 885
-
income
1 849
-
17 729
-
total
6 929
-
26 740
-
Employer
35 869
-
101 271
-
health
2 510
-
8 286
-
pensions
5 894
-
10 477
-
unemployment
1 452
-
4 101
-
social contributions
107
-
305
-
other
1 238
-
3 561
-
total
11 201
-
26 730
-
Corporate
80 930
128 000
-
-
income
22 660
35 841
-
-
surtax
-
-
-
-
total
22 660
35 841
-
-
Dividends
58 270
92 159
-
-
surtax
-
-
-
-
social contributions
10 024
15 852
-
-
withholding
7 458
11 797
-
-
total
17 482
27 649
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 272
63 490
53 470
55 263
After tax
69 728
64 510
74 530
72 737
Living cost
28 940
28 940
28 940
28 940
Free-cash
40 788
35 570
45 590
43 797

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58184
₽60751
₽62292
₽58670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 935
total
-
-
-
45 799
Employee
31 834
-
128 000
-
social contributions
4 394
-
17 664
-
income
5 309
-
20 741
-
health
2 222
-
8 935
-
total
11 925
-
47 340
-
Employer
31 834
-
128 000
-
total
-
-
-
-
Corporate
96 166
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%.

4 809
6 400
-
-
total
4 809
6 400
-
-
Dividends
91 358
121 600
-
-
social contributions
12 607
16 780
-
-
withholding
13 703
18 239
-
-
health
6 377
8 488
-
-
total
32 687
43 507
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 421
49 907
47 340
45 799
After tax
78 579
78 093
80 660
82 201
Living cost
19 909
19 909
19 909
19 909
Free-cash
58 670
58 184
60 751
62 292

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38098
₽1364
₽31711
₽36643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
28 071
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
511
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
63 207
Employee
46 921
37 416
99 249
-
other
469
374
992
-
unemployment
1 408
1 122
2 977
-
pensions
4 805
3 831
10 163
-
income
5 342
2 760
22 911
-
health
1 816
1 449
3 841
-
total
13 840
9 536
40 884
-
Employer
46 921
37 416
99 249
-
chamber of commerce
187
150
397
-
health
1 773
1 415
3 752
-
pensions
5 889
4 697
12 456
-
accident
609
486
1 290
-
unemployment
1 408
1 122
2 977
-
surtax
185
185
185
-
payroll
1 408
1 122
2 977
-
other
2 229
1 776
4 713
-
total
13 688
10 953
28 747
-
Corporate
67 392
79 630
95 689
-
income

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

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

16 848
19 907
23 923
-
total
16 848
19 907
23 923
-
Dividends
50 544
59 724
-
-
withholding
13 899
16 424
-
-
total
13 899
16 424
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 275
56 820
93 554
63 207
After tax
69 725
71 180
34 446
64 793
Living cost
33 082
33 082
33 082
33 082
Free-cash
36 643
38 098
1 364
31 711

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37432
₽12921
₽22437
₽23350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 469
social contributions
-
-
-
20 185
national
-
-
-
44 676
total
-
-
-
71 330
Employee

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

67 159
-
99 142
-
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.

584
-
862
-
communal

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

3 503
-
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.

5 037
-
7 435
-
national
20 647
-
33 861
-
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.

3 155
-
4 659
-
total
32 926
-
51 987
-
Employer

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

67 159
-
99 142
-
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.

4 130
-
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.

5 951
-
8 784
-
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.

873
-
1 288
-
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.

980
-
1 447
-
surtax
7 615
-
11 243
-
total
19 549
-
28 859
-
Corporate
41 293
128 000
-
-
income
8 258
25 599
-
-
surtax
166
511
-
-
total
8 424
26 110
-
-
Dividends
32 869
101 889
-
-
withholding

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

9 518
30 225
-
-
total
9 518
30 225
-
-
Income
128 000
128 000
128 000
128 000
Total tax
70 417
56 335
80 846
71 330
After tax
57 583
71 665
47 154
56 670
Living cost
34 233
34 233
34 233
34 233
Free-cash
23 350
37 432
12 921
22 437

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51865
₽33431
₽37944
₽44780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
30 042
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
56 149
Employee
46 735
-
100 257
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
27 391
-
total
12 829
-
32 918
-
Employer
46 735
-
100 257
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
66 368
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.

9 954
19 200
-
-
total
9 954
19 200
-
-
Dividends
56 414
108 800
-
-
withholding
11 633
23 028
-
-
total
11 633
23 028
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 313
42 228
60 662
56 149
After tax
78 687
85 772
67 338
71 851
Living cost
33 907
33 907
33 907
33 907
Free-cash
44 780
51 865
33 431
37 944

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
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.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25730
₽21549
₽16447
₽15850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 089
accident
-
-
-
1 080
income
-
-
-
16 836
surtax
-
-
-
6 346
health
-
-
-
8 994
pensions
-
-
-
19 185
total
-
-
-
60 530
Employee
71 101
-
114 336
-
pensions
5 687
-
9 147
-
surtax
4 358
-
7 007
-
income
6 868
-
20 523
-
health
3 164
-
5 087
-
total
20 077
-
41 764
-
Employer
71 101
-
114 336
-
health
2 168
-
3 487
-
pensions
5 687
-
9 147
-
accident
640
-
1 030
-
total
8 495
-
13 664
-
Corporate
48 404
128 000
-
-
communal
3 268
8 639
-
-
income
7 260
19 200
-
-
surtax
508
1 343
-
-
total
11 036
29 182
-
-
Dividends
37 369
98 818
-
-
income
15 914
7 243
-
-
withholding
5 605
14 822
-
-
total
21 519
22 065
-
-
Income
128 000
128 000
128 000
128 000
Total tax
61 127
51 247
55 428
60 530
After tax
66 873
76 753
72 572
67 470
Living cost
51 023
51 023
51 023
51 023
Free-cash
15 850
25 730
21 549
16 447

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59425
₽37179
₽39648
₽56437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
29 038
other
-
-
-
-
surtax
-
-
-
4 055
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
67 264
Employee
31 618
-
105 743
-
other
-
-
-
-
unemployment
2 200
-
7 360
-
pensions
2 110
-
7 054
-
surtax
112
-
3 665
-
income
5 301
-
26 701
-
health
807
-
2 696
-
total
10 530
-
47 476
-
Employer
31 618
-
105 743
-
health
1 438
-
4 811
-
pensions
4 216
-
14 095
-
unemployment
1 003
-
3 351
-
other
-
-
-
-
total
6 657
-
22 257
-
Corporate
89 725
128 000
-
-
income
23 328
33 280
-
-
total
23 328
33 280
-
-
Dividends
66 398
94 720
-
-
withholding
9 960
14 207
-
-
total
9 960
14 207
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 475
47 487
69 733
67 264
After tax
77 525
80 513
58 267
60 736
Living cost
21 088
21 088
21 088
21 088
Free-cash
56 437
59 425
37 179
39 648

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41989
₽31465
₽37523
₽39904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 573
total
-
-
-
65 186
Employee
52 081
-
128 000
-
municipal
276
-
679
-
national
8 251
-
25 681
-
regional
701
-
1 722
-
social contributions
17 562
-
43 162
-
total
26 790
-
71 244
-
Employer
52 081
-
128 000
-
total
-
-
-
-
Corporate
75 919
128 000
-
-
municipal
3 774
6 362
-
-
nationa
18 221
30 720
-
-
total
21 995
37 082
-
-
Dividends
53 924
90 917
-
-
withholding
14 020
23 638
-
-
total
14 020
23 638
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 805
60 720
71 244
65 186
After tax
65 195
67 280
56 756
62 814
Living cost
25 291
25 291
25 291
25 291
Free-cash
39 904
41 989
31 465
37 523

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59798
₽36624
₽37662
₽49691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 646
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
17 280
total
-
-
-
62 008
Employee
41 662
-
95 522
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
6 209
-
income
4 999
-
11 463
-
health
5 624
-
12 896
-
total
13 331
-
30 568
-
Employer
41 662
-
95 522
-
health
3 750
-
8 597
-
social contributions
10 416
-
23 881
-
total
14 166
-
32 478
-
Corporate
72 173
128 000
-
-
income
13 713
24 320
-
-
total
13 713
24 320
-
-
Dividends
58 460
103 680
-
-
withholding
8 769
15 552
-
-
total
8 769
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 979
39 872
63 046
62 008
After tax
78 021
88 128
64 954
65 992
Living cost
28 330
28 330
28 330
28 330
Free-cash
49 691
59 798
36 624
37 662

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41326
₽4518
₽35024
₽40863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
28 071
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
511
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
63 022
Employee
41 041
37 416
99 393
-
other
410
374
994
-
unemployment
1 231
1 122
2 983
-
pensions
4 203
3 831
10 177
-
income
3 656
2 760
22 961
-
health
1 587
1 449
3 847
-
total
11 087
9 536
40 962
-
Employer
41 041
37 416
99 393
-
chamber of commerce
164
150
397
-
health
1 552
1 415
3 758
-
pensions
5 151
4 697
12 474
-
accident
533
486
1 292
-
unemployment
1 231
1 122
2 983
-
surtax
-
-
-
-
payroll
1 231
1 122
2 983
-
other
1 949
1 776
4 722
-
total
11 811
10 768
28 609
-
Corporate
75 148
79 816
95 830
-
income

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

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

18 786
19 953
23 957
-
total
18 786
19 953
23 957
-
Dividends
56 362
59 862
-
-
withholding
15 499
16 463
-
-
total
15 499
16 463
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 183
56 720
93 528
63 022
After tax
70 817
71 280
34 472
64 978
Living cost
29 954
29 954
29 954
29 954
Free-cash
40 863
41 326
4 518
35 024

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109833
₽90633
₽114953
₽107626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
128 000
-
income
2 942
-
25 600
-
total
2 942
-
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%.

113 291
128 000
-
-
total
-
-
-
-
Dividends
113 291
128 000
-
-
withholding
5 665
6 400
-
-
total
5 665
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
8 607
6 400
25 600
1 280
After tax
119 393
121 600
102 400
126 720
Living cost
11 767
11 767
11 767
11 767
Free-cash
107 626
109 833
90 633
114 953

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62945
₽35840
₽39231
₽55092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
128 000
income
-
-
-
27 423
unemployment
-
-
-
192
health
-
-
-
12 595
pensions
-
-
-
23 376
total
-
-
-
63 586
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.

41 517
-
110 757
-
unemployment
59
-
155
-
pensions
6 435
-
17 167
-
income
7 160
-
25 257
-
health
2 681
-
7 155
-
total
16 335
-
49 734
-
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.

41 517
-
110 757
-
health
2 765
-
7 376
-
pensions
3 674
-
9 801
-
unemployment
25
-
66
-
total
6 464
-
17 243
-
Corporate
80 019
128 000
-
-
income
15 203
24 320
-
-
total
15 203
24 320
-
-
Dividends
64 815
103 680
-
-
withholding
9 723
15 552
-
-
total
9 723
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
47 725
39 872
66 977
63 586
After tax
80 275
88 128
61 023
64 414
Living cost
25 183
25 183
25 183
25 183
Free-cash
55 092
62 945
35 840
39 231

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
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.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37774
₽75673
₽48357
-₽10573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
50 125
12 226
39 542
After tax
29 528
77 875
115 774
88 458
Living cost
40 101
40 101
40 101
40 101
Free-cash
-10 573
37 774
75 673
48 357

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43357
₽31794
₽40367
₽42412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 703
surtax
-
-
-
-
social contributions

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

-
-
-
44 480
total
-
-
-
58 183
Employee
43 181
-
103 434
-
surtax
-
-
-
-
social contributions
4 750
-
11 378
-
income
8 982
-
30 812
-
total
13 732
-
42 190
-
Employer
43 181
-
103 434
-
social contributions
10 255
-
24 566
-
total
10 255
-
24 566
-
Corporate
74 563
128 000
-
-
income
15 658
26 880
-
-
surtax
-
-
-
-
total
15 658
26 880
-
-
Dividends
58 906
101 120
-
-
withholding
16 493
28 313
-
-
total
16 493
28 313
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 138
55 193
66 756
58 183
After tax
71 862
72 807
61 244
69 817
Living cost
29 450
29 450
29 450
29 450
Free-cash
42 412
43 357
31 794
40 367

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19163
₽29183
₽27390
₽25618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 015
other
-
-
-
3 968
surtax
-
-
-
-
social contributions
-
-
-
3 647
health
-
-
-
4 246
pensions
-
-
-
26 387
total
-
-
-
55 263
Employee
58 804
-
101 271
-
pensions
6 651
-
6 126
-
surtax
-
-
-
-
social contributions
1 675
-
2 885
-
income
5 131
-
17 729
-
total
13 457
-
26 740
-
Employer
58 804
-
101 271
-
health
4 116
-
8 286
-
pensions
9 662
-
10 477
-
unemployment
2 382
-
4 101
-
social contributions
176
-
305
-
other
2 029
-
3 561
-
total
18 365
-
26 730
-
Corporate
50 830
128 000
-
-
income
14 232
35 841
-
-
surtax
-
-
-
-
total
14 232
35 841
-
-
Dividends
36 598
92 159
-
-
surtax
-
-
-
-
social contributions
6 297
15 852
-
-
withholding
4 684
11 797
-
-
total
10 981
27 649
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 035
63 490
53 470
55 263
After tax
70 965
64 510
74 530
72 737
Living cost
45 347
45 347
45 347
45 347
Free-cash
25 618
19 163
29 183
27 390

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86978
₽70737
₽67335
₽83824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
4 283
social contributions
-
-
-
28 160
total
-
-
-
32 443
Employee
30 184
-
110 823
-
income
-
-
4 661
-
social contributions
1 962
-
7 203
-
total
1 962
-
11 864
-
Employer
30 184
-
110 823
-
social contributions
4 679
-
17 177
-
total
4 679
-
17 177
-
Corporate
93 137
128 000
-
-
income
9 313
12 800
-
-
total
9 313
12 800
-
-
Dividends
83 824
115 200
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
15 954
12 800
29 041
32 443
After tax
112 046
115 200
98 959
95 557
Living cost
28 222
28 222
28 222
28 222
Free-cash
83 824
86 978
70 737
67 335

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76558
-₽76558
₽32435
-₽76558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 175
municipal
-
-
-
25 553
national
-
-
-
13 807
pensions
-
-
-
814
total
-
-
-
50 349
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
159 342
159 342
159 342
50 349
After tax
-31 342
-31 342
-31 342
77 651
Living cost
45 216
45 216
45 216
45 216
Free-cash
-76 558
-76 558
-76 558
32 435

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10254
₽47514
₽67021
₽7205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
33 730
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
40 357
Employee
32 441
-
112 868
-
pensions
3 653
-
7 259
-
income
4 450
-
24 550
-
health
3 715
-
12 923
-
total
11 818
-
44 732
-
Employer
32 441
-
112 868
-
pensions
5 275
-
10 482
-
accident
542
-
1 885
-
unemployment
795
-
2 765
-
total
6 612
-
15 132
-
Corporate
88 948
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.

80 053
115 200
-
-
total
80 053
115 200
-
-
Dividends
8 895
12 800
-
-
withholding
1 690
2 432
-
-
total
1 690
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
100 173
117 632
59 864
40 357
After tax
27 827
10 368
68 136
87 643
Living cost
20 622
20 622
20 622
20 622
Free-cash
7 205
-10 254
47 514
67 021

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽46455
₽33478
₽51028
₽47330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 579
municipal
-
-
-
22 756
national
-
-
-
16 591
total
-
-
-
40 926
Employee
49 396
-
107 682
-
municipal
8 091
-
17 555
-
unemployment
741
-
1 616
-
pensions
3 334
-
7 269
-
national
816
-
10 451
-
health
369
-
1 267
-
total
13 351
-
38 158
-
Employer
49 396
-
107 682
-
health
380
-
828
-
pensions
8 570
-
18 683
-
accident
50
-
107
-
unemployment
321
-
700
-
total
9 321
-
20 318
-
Corporate
69 284
128 000
-
-
income
13 856
25 599
-
-
total
13 856
25 599
-
-
Dividends

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

41 570
76 800
-
-
municipal
7 483
13 824
-
-
national
613
6 076
-
-
total
8 096
19 900
-
-
Income
128 000
128 000
128 000
128 000
Total tax
44 624
45 499
58 476
40 926
After tax
83 376
82 501
69 524
87 074
Living cost
36 046
36 046
36 046
36 046
Free-cash
47 330
46 455
33 478
51 028

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71760
₽66394
₽67622
₽66651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 185
social contributions
-
-
-
15 191
health
-
-
-
3 264
total
-
-
-
38 640
Employee
72 195
72 195
117 739
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
19 524
-
health
559
1 228
2 001
-
total
11 150
13 903
29 607
-
Employer
72 195
72 195
117 739
-
health
608
1 336
2 179
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
10 261
-
Corporate
91 775
48 477
-
-
income
11 472
6 060
-
-
total
11 472
6 060
-
-
Dividends
80 303
42 417
-
-
withholding
13 651
7 211
-
-
total
13 651
7 211
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 611
34 502
39 868
38 640
After tax
88 389
93 498
88 132
89 360
Living cost
21 738
21 738
21 738
21 738
Free-cash
66 651
71 760
66 394
67 622

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91089
₽72150
₽90982
₽86314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 714
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
22 111
Employee

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

21 550
-
118 824
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
10 387
-
health
1 832
-
7 572
-
total
6 644
-
31 767
-
Employer

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

21 550
-
118 824
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
104 231
128 000
-
-
income
9 381
11 520
-
-
total
9 381
11 520
-
-
Dividends
94 851
116 480
-
-
withholding
8 536
10 484
-
-
total
8 536
10 484
-
-
Income
128 000
128 000
128 000
128 000
Total tax
26 779
22 004
40 943
22 111
After tax
101 221
105 996
87 057
105 889
Living cost
14 907
14 907
14 907
14 907
Free-cash
86 314
91 089
72 150
90 982

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59954
₽41520
₽46033
₽55422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
30 042
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
56 149
Employee
34 716
-
100 257
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
27 391
-
total
8 897
-
32 918
-
Employer
34 716
-
100 257
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
82 216
128 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

12 333
19 200
-
-
total
12 333
19 200
-
-
Dividends
69 883
108 800
-
-
withholding
14 462
23 028
-
-
total
14 462
23 028
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 760
42 228
60 662
56 149
After tax
81 240
85 772
67 338
71 851
Living cost
25 818
25 818
25 818
25 818
Free-cash
55 422
59 954
41 520
46 033

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77975
₽80055
₽80189
₽77663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 527
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
45 914
Employee
2 889
-
126 443
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
43 454
-
health
144
-
346
-
total
992
-
44 492
-
Employer
2 889
-
126 443
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
124 460
128 000
-
-
income
27 381
28 160
-
-
total
27 381
28 160
-
-
Dividends
97 079
99 840
-
-
withholding
19 416
19 968
-
-
total
19 416
19 968
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 440
48 128
46 048
45 914
After tax
79 560
79 872
81 952
82 086
Living cost
1 897
1 897
1 897
1 897
Free-cash
77 663
77 975
80 055
80 189

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76235
₽57437
₽57438
₽71610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
128 000
income
-
-
-
28 076
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
54 317
Employee

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

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

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

24 497
-
115 574
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
28 076
-
health
1 262
-
3 575
-
total
8 253
-
41 891
-
Employer

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

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

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

24 497
-
115 574
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
99 118
128 000
-
-
income
14 868
19 200
-
-
total
14 868
19 200
-
-
Dividends
84 251
108 800
-
-
withholding
12 638
16 320
-
-
total
12 638
16 320
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 145
35 520
54 318
54 317
After tax
87 855
92 480
73 682
73 683
Living cost
16 245
16 245
16 245
16 245
Free-cash
71 610
76 235
57 437
57 438

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47495
₽35932
₽44506
₽47155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 703
surtax
-
-
-
-
social contributions

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

-
-
-
44 480
total
-
-
-
58 183
Employee
36 440
-
103 434
-
surtax
-
-
-
-
social contributions
4 009
-
11 378
-
income
7 120
-
30 812
-
total
11 129
-
42 190
-
Employer
36 440
-
103 434
-
social contributions
8 654
-
24 566
-
total
8 654
-
24 566
-
Corporate
82 906
128 000
-
-
income
17 411
26 880
-
-
surtax
-
-
-
-
total
17 411
26 880
-
-
Dividends
65 496
101 120
-
-
withholding
18 339
28 313
-
-
total
18 339
28 313
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 533
55 193
66 756
58 183
After tax
72 467
72 807
61 244
69 817
Living cost
25 312
25 312
25 312
25 312
Free-cash
47 155
47 495
35 932
44 506

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52776
₽34342
₽38855
₽46007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
30 042
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
56 149
Employee
45 344
-
100 257
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
27 391
-
total
12 349
-
32 918
-
Employer
45 344
-
100 257
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
68 200
128 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

10 231
19 200
-
-
total
10 231
19 200
-
-
Dividends
57 969
108 800
-
-
withholding
11 961
23 028
-
-
total
11 961
23 028
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 997
42 228
60 662
56 149
After tax
79 003
85 772
67 338
71 851
Living cost
32 996
32 996
32 996
32 996
Free-cash
46 007
52 776
34 342
38 855

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
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.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93289
₽88508
₽83892
₽87567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
27 957
Employee
21 387
-
121 566
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
12 156
-
health
984
-
1 509
-
total
5 236
-
16 906
-
Employer
21 387
-
121 566
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
102 417
128 000
-
-
income
10 241
12 800
-
-
total
10 241
12 800
-
-
Dividends
92 176
115 200
-
-
withholding
4 609
5 760
-
-
total
4 609
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
24 282
18 560
23 341
27 957
After tax
103 718
109 440
104 659
100 043
Living cost
16 151
16 151
16 151
16 151
Free-cash
87 567
93 289
88 508
83 892

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29689
₽47969
₽35864
₽41972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
128 000
income

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

-
-
-
35 422
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.

-
-
-
1 947
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.

-
-
-
6 414
trade
-
-
-
12 105
total
-
-
-
55 888
Employee

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

46 715
-
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.

212
-
1 947
-
income

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

3 841
-
35 422
-
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.

6 414
-
6 414
-
total
10 467
-
43 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 285
128 000
-
-
income
12 192
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.

670
1 057
-
-
chamber of commerce
262
330
-
-
trade
11 665
18 368
-
-
total
24 789
38 955
-
-
Dividends
56 496
89 047
-
-
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.

757
1 204
-
-
withholding
13 767
21 904
-
-
total
14 524
23 108
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 780
62 063
43 783
55 888
After tax
78 220
65 937
84 217
72 112
Living cost
36 248
36 248
36 248
36 248
Free-cash
41 972
29 689
47 969
35 864

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36117
₽18346
₽18346
₽38190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
35 682
social contributions
-
-
-
20 489
total
-
-
-
56 171
Employee
73 441
-
128 000
-
income
13 858
-
35 682
-
social contributions
6 101
-
20 489
-
total
19 959
-
56 171
-
Employer
73 441
-
128 000
-
total
-
-
-
-
Corporate
54 559
128 000
-
-
income
6 820
16 000
-
-
total
6 820
16 000
-
-
Dividends
47 738
112 000
-
-
withholding
9 548
22 400
-
-
total
9 548
22 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
36 327
38 400
56 171
56 171
After tax
91 673
89 600
71 829
71 829
Living cost
53 483
53 483
53 483
53 483
Free-cash
38 190
36 117
18 346
18 346

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44157
₽59208
₽61513
₽47440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
123 681
-
income
4 673
-
26 072
-
social contributions
4 315
-
4 319
-
total
8 988
-
30 391
-
Employer
43 070
-
123 681
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
80 615
128 000
-
-
income
28 215
44 801
-
-
total
28 215
44 801
-
-
Dividends
52 400
83 199
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 478
49 761
34 710
32 405
After tax
81 522
78 239
93 290
95 595
Living cost
34 082
34 082
34 082
34 082
Free-cash
47 440
44 157
59 208
61 513

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52887
₽40945
₽52742
₽55601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
32 554
pensions
-
-
-
7 716
total
-
-
-
40 270
Employee
48 026
-
112 168
-
pensions
3 666
-
9 769
-
income
8 746
-
24 692
-
health
626
-
1 774
-
total
13 038
-
36 235
-
Employer
48 026
-
112 168
-
health
913
-
2 130
-
pensions
4 852
-
13 702
-
total
5 765
-
15 832
-
Corporate
74 209
128 000
-
-
income

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

14 100
24 321
-
-
total
14 100
24 321
-
-
Dividends
60 109
103 679
-
-
withholding
4 508
15 804
-
-
total
4 508
15 804
-
-
Income
128 000
128 000
128 000
128 000
Total tax
37 411
40 125
52 067
40 270
After tax
90 589
87 875
75 933
87 730
Living cost
34 988
34 988
34 988
34 988
Free-cash
55 601
52 887
40 945
52 742

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12296
₽45472
₽64979
₽6893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
33 730
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
40 357
Employee
35 652
-
112 868
-
pensions
4 014
-
7 259
-
income
4 891
-
24 550
-
health
4 082
-
12 923
-
total
12 987
-
44 732
-
Employer
35 652
-
112 868
-
pensions
5 797
-
10 482
-
accident
595
-
1 885
-
unemployment
873
-
2 765
-
total
7 265
-
15 132
-
Corporate
85 083
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.

76 574
115 200
-
-
total
76 574
115 200
-
-
Dividends
8 508
12 800
-
-
withholding
1 617
2 432
-
-
total
1 617
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
98 443
117 632
59 864
40 357
After tax
29 557
10 368
68 136
87 643
Living cost
22 664
22 664
22 664
22 664
Free-cash
6 893
-12 296
45 472
64 979

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽95025
₽74121
₽59575
₽90630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 538
unemployment
-
-
-
1 536
work injury
-
-
-
640
health insurance
-
-
-
9 472
pensions
-
-
-
23 552
total
-
-
-
55 738
Employee

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

20 298
-
128 000
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
20 538
-
total
7 612
-
41 192
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 702
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%.

1 077
1 280
-
-
total
1 077
1 280
-
-
Dividends
106 625
126 720
-
-
withholding
15 994
19 008
-
-
total
15 994
19 008
-
-
Income
128 000
128 000
128 000
128 000
Total tax
24 683
20 288
41 192
55 738
After tax
103 317
107 712
86 808
72 262
Living cost
12 687
12 687
12 687
12 687
Free-cash
90 630
95 025
74 121
59 575

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30019
₽18522
₽24376
₽25750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 871
municipal
-
-
-
855
national
-
-
-
29 573
total
-
-
-
66 221
Employee
79 116
-
128 000
-
municipal
472
-
764
-
national
13 370
-
25 681
-
regional
1 194
-
2 468
-
social contributions
26 677
-
43 162
-
total
41 713
-
72 075
-
Employer
79 116
-
128 000
-
total
-
-
-
-
Corporate
48 884
128 000
-
-
municipal
2 355
6 170
-
-
nationa
11 732
30 720
-
-
total
14 087
36 890
-
-
Dividends
34 796
91 110
-
-
withholding
9 047
23 688
-
-
total
9 047
23 688
-
-
Income
128 000
128 000
128 000
128 000
Total tax
64 847
60 578
72 075
66 221
After tax
63 153
67 422
55 925
61 779
Living cost
37 403
37 403
37 403
37 403
Free-cash
25 750
30 019
18 522
24 376

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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