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
₽34074
₽45236
₽41848
₽54618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
12 770
income

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

-
-
-
34 048
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.

-
-
-
6 894
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.

-
-
-
1 873
total
-
-
-
55 585
Employee

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

38 599
-
128 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
1 873
-
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.

1 078
-
34 048
-
total
8 031
-
42 815
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 401
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.

737
1 055
-
-
income
13 409
19 201
-
-
trade
14 082
20 160
-
-
chamber of commerce
282
337
-
-
total
28 510
40 753
-
-
Dividends
60 891
87 247
-
-
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.

816
1 178
-
-
withholding
14 840
21 428
-
-
total
15 656
22 606
-
-
Income
128 000
128 000
128 000
128 000
Total tax
52 197
63 359
42 815
55 585
After tax
75 803
64 641
85 185
72 415
Living cost
30 567
30 567
30 567
30 567
Free-cash
45 236
34 074
54 618
41 848

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28878
₽28030
₽25407
₽26412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 674
pensions
-
-
-
15 360
national
-
-
-
21 189
social contributions
-
-
-
1 376
total
-
-
-
51 599
Employee
79 050
-
110 655
-
municipal
9 764
-
14 169
-
pensions
3 162
-
4 426
-
national
15 130
-
21 957
-
total
28 056
-
40 552
-
Employer
79 050
-
110 655
-
social contributions
850
-
1 190
-
pensions
6 324
-
8 852
-
total
7 174
-
10 042
-
Corporate
36 559
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%.

7 312
25 600
-
-
total
7 312
25 600
-
-
Dividends
29 247
102 400
-
-
withholding
6 434
22 528
-
-
total
6 434
22 528
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 976
48 128
50 594
51 599
After tax
79 024
79 872
77 406
76 401
Living cost
50 994
50 994
50 994
50 994
Free-cash
28 030
28 878
26 412
25 407

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81404
₽73128
₽16300
₽50844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
128 000
microenterprise
-
-
-
-
income
-
-
-
19 398
surtax
-
-
-
32 641
social contributions

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

-
-
-
38 666
total
-
-
-
90 705
Employee
29 488
-
103 150
-
social contributions

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

3 244
-
11 347
-
surtax
-
-
-
-
income
5 249
-
19 966
-
total
8 493
-
31 313
-
Employer
29 488
-
103 150
-
social contributions

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

7 103
-
24 848
-
surtax
-
-
-
-
total
7 103
-
24 848
-
Corporate
91 409
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%.

18 281
25 601
-
-
total
18 281
25 601
-
-
Dividends

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

73 127
102 399
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
33 877
25 601
56 161
90 705
After tax
94 123
102 399
71 839
37 295
Living cost
20 995
20 995
20 995
20 995
Free-cash
73 128
81 404
50 844
16 300

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20353
₽14171
₽31416
₽28596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
30 040
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
54 308
Employee
86 179
86 179
109 246
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
38 374
-
Employer
86 179
86 179
109 246
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
27 787
26 730
-
-
income
5 558
5 347
-
-
total
5 558
5 347
-
-
Dividends
22 230
21 383
-
-
income
4 725
4 545
-
-
withholding
3 334
3 208
-
-
total
8 059
7 753
-
-
Income
128 000
128 000
128 000
128 000
Total tax
71 553
65 371
57 128
54 308
After tax
56 447
62 629
70 872
73 692
Living cost
42 276
42 276
42 276
42 276
Free-cash
14 171
20 353
28 596
31 416

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30898
₽30022
₽28955
₽27905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
30 787
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
4 512
total
-
-
-
60 055
Employee
55 558
-
101 151
-
municipal
16 567
-
30 163
-
national
-
-
4 093
-
total
16 567
-
34 256
-
Employer
55 558
-
101 151
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
54 986
128 000
-
-
income
12 097
28 160
-
-
total
12 097
28 160
-
-
Dividends
42 889
99 840
-
-
withholding
12 867
29 952
-
-
total
12 867
29 952
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 988
58 112
61 105
60 055
After tax
69 012
69 888
66 895
67 945
Living cost
38 990
38 990
38 990
38 990
Free-cash
30 022
30 898
27 905
28 955

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24339
₽38519
₽32202
₽45541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 339
income

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

-
-
-
34 048
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.

-
-
-
6 894
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.

-
-
-
1 873
total
-
-
-
56 154
Employee

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

51 177
-
128 000
-
health

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

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

6 894
-
6 894
-
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.

241
-
1 873
-
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.

4 397
-
34 048
-
total
11 532
-
42 815
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 823
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.

634
1 055
-
-
income
11 523
19 201
-
-
trade
12 638
21 056
-
-
chamber of commerce
262
335
-
-
total
25 057
41 647
-
-
Dividends
51 766
86 353
-
-
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.

691
1 166
-
-
withholding
12 557
21 204
-
-
total
13 248
22 370
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 837
64 017
42 815
56 154
After tax
78 163
63 983
85 185
71 846
Living cost
39 644
39 644
39 644
39 644
Free-cash
38 519
24 339
45 541
32 202

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60808
₽56620
₽56924
₽55564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
18 753
health
-
-
-
3 263
social contributions
-
-
-
16 328
total
-
-
-
38 344
Employee
77 600
77 600
117 145
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
1 992
-
income
8 149
7 183
18 170
-
total
12 692
14 942
28 849
-
Employer
77 600
77 600
117 145
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 168
-
total
4 612
7 876
10 855
-
Corporate
77 965
42 523
-
-
income
9 746
5 316
-
-
total
9 746
5 316
-
-
Dividends
68 219
37 207
-
-
withholding
11 598
6 326
-
-
total
11 598
6 326
-
-
Income
128 000
128 000
128 000
128 000
Total tax
38 648
34 460
39 704
38 344
After tax
89 352
93 540
88 296
89 656
Living cost
32 732
32 732
32 732
32 732
Free-cash
56 620
60 808
55 564
56 924

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53672
₽54053
₽70335
₽55865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 800
unemployment
-
-
-
1 920
health
-
-
-
8 960
total
-
-
-
39 328
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 470
10 535
107 113
-
health
1 853
737
7 498
-
income
3 236
1 288
13 095
-
pensions
2 647
1 053
10 711
-
unemployment
397
158
1 607
-
total
8 133
3 236
32 911
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 470
10 535
107 113
-
pensions
5 162
2 054
20 887
-
total
5 162
2 054
20 887
-
Corporate
96 369
115 411
-
-
income
8 673
10 387
-
-
total
8 673
10 387
-
-
Dividends
87 696
105 024
-
-
social contributions
16 980
20 359
-
-
withholding
16 662
19 955
-
-
total
33 642
40 314
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 610
55 991
53 798
39 328
After tax
72 390
72 009
74 202
88 672
Living cost
18 337
18 337
18 337
18 337
Free-cash
54 053
53 672
55 865
70 335

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78024
₽71755
₽44232
₽49403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 601
health
-
-
-
16 640
total
-
-
-
59 393
Employee
28 629
-
95 664
-
income
3 223
-
18 444
-
pensions
573
-
1 913
-
unemployment
458
-
1 530
-
total
4 254
-
21 887
-
Employer
28 629
-
95 664
-
unemployment
230
-
766
-
pensions
5 726
-
19 132
-
health
3 721
-
12 437
-
total
9 677
-
32 335
-
Corporate
89 695
128 000
-
-
income
17 939
25 601
-
-
total
17 939
25 601
-
-
Dividends
71 756
102 399
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
31 870
25 601
54 222
59 393
After tax
96 130
102 399
73 778
68 607
Living cost
24 375
24 375
24 375
24 375
Free-cash
71 755
78 024
49 403
44 232

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11701
₽6982
₽65607
₽45746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
33 337
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
40 324
Employee
34 715
-
112 321
-
health
3 975
-
12 861
-
income
4 763
-
23 991
-
pensions
3 909
-
7 653
-
total
12 647
-
44 505
-
Employer
34 715
-
112 321
-
accident
580
-
1 876
-
unemployment
850
-
2 752
-
pensions
5 645
-
11 052
-
total
7 075
-
15 680
-
Corporate
86 210
128 000
-
-
income

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

77 589
115 200
-
-
total
77 589
115 200
-
-
Dividends
8 621
12 800
-
-
withholding
1 638
2 432
-
-
total
1 638
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
98 949
117 632
60 185
40 324
After tax
29 051
10 368
67 815
87 676
Living cost
22 069
22 069
22 069
22 069
Free-cash
6 982
-11 701
45 746
65 607

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112521
₽110819
₽117641
₽93321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
128 000
-
income
2 269
-
25 600
-
total
2 269
-
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%.

116 651
128 000
-
-
total
-
-
-
-
Dividends
116 651
128 000
-
-
withholding
5 833
6 400
-
-
total
5 833
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
8 102
6 400
25 600
1 280
After tax
119 898
121 600
102 400
126 720
Living cost
9 079
9 079
9 079
9 079
Free-cash
110 819
112 521
93 321
117 641

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67152
₽60338
₽41557
₽46848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 121
pensions

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

-
-
-
30 720
other
-
-
-
6 080
health
-
-
-
5 632
total
-
-
-
59 553
Employee
36 642
-
102 236
-
health
513
-
1 431
-
income
6 308
-
18 887
-
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.

2 564
-
7 157
-
unemployment
366
-
1 023
-
total
9 751
-
28 498
-
Employer
36 642
-
102 236
-
accident
293
-
818
-
other
1 833
-
5 111
-
unemployment
366
-
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.

6 230
-
17 381
-
health
513
-
1 431
-
total
9 235
-
25 764
-
Corporate
82 124
128 000
-
-
income
17 245
26 880
-
-
total
17 245
26 880
-
-
Dividends
64 878
101 120
-
-
withholding
4 541
7 078
-
-
total
4 541
7 078
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 772
33 958
54 262
59 553
After tax
87 228
94 042
73 738
68 447
Living cost
26 890
26 890
26 890
26 890
Free-cash
60 338
67 152
46 848
41 557

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21492
₽14269
₽20938
₽9073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
31 232
pensions
-
-
-
8 103
total
-
-
-
39 335
Employee
95 823
-
112 281
-
health
1 579
-
1 825
-
income
17 273
-
23 322
-
pensions
9 244
-
10 335
-
total
28 096
-
35 482
-
Employer
95 823
-
112 281
-
pensions
11 314
-
13 584
-
health
1 820
-
2 134
-
total
13 134
-
15 718
-
Corporate
19 043
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.

3 617
24 321
-
-
total
3 617
24 321
-
-
Dividends
15 425
103 679
-
-
withholding
1 157
14 460
-
-
total
1 157
14 460
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 004
38 781
51 200
39 335
After tax
81 996
89 219
76 800
88 665
Living cost
67 727
67 727
67 727
67 727
Free-cash
14 269
21 492
9 073
20 938

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96201
₽91510
₽86144
₽90625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
28 617
Employee
17 531
-
121 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
12 108
-
pensions

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

1 539
-
3 097
-
total
4 291
-
17 215
-
Employer
17 531
-
121 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
107 029
128 000
-
-
income
10 703
12 800
-
-
total
10 703
12 800
-
-
Dividends
96 326
115 200
-
-
withholding
4 817
5 760
-
-
total
4 817
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
23 251
18 560
24 136
28 617
After tax
104 749
109 440
103 864
99 383
Living cost
13 239
13 239
13 239
13 239
Free-cash
91 510
96 201
90 625
86 144

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6669
₽9208
₽17732
₽14912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
30 040
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
54 308
Employee
93 563
86 179
109 246
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
38 374
-
Employer
93 563
86 179
109 246
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
18 056
26 730
-
-
income
3 612
5 347
-
-
total
3 612
5 347
-
-
Dividends
14 444
21 383
-
-
income
3 070
4 545
-
-
withholding
2 166
3 208
-
-
total
5 236
7 753
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 832
65 371
57 128
54 308
After tax
65 168
62 629
70 872
73 692
Living cost
55 960
55 960
55 960
55 960
Free-cash
9 208
6 669
14 912
17 732

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63958
₽55336
₽40380
₽40784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 391
health
-
-
-
17 280
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
63 450
Employee
35 544
-
95 522
-
social contributions
2 310
-
6 209
-
health
4 798
-
12 896
-
solidarity contribution
-
-
-
-
income
4 265
-
11 463
-
total
11 373
-
30 568
-
Employer
35 544
-
95 522
-
social contributions
8 886
-
23 881
-
health
3 199
-
8 597
-
total
12 085
-
32 478
-
Corporate
80 371
128 000
-
-
income
15 271
24 320
-
-
total
15 271
24 320
-
-
Dividends
65 101
103 680
-
-
withholding
9 765
15 552
-
-
total
9 765
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 494
39 872
63 046
63 450
After tax
79 506
88 128
64 954
64 550
Living cost
24 170
24 170
24 170
24 170
Free-cash
55 336
63 958
40 784
40 380

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25710
₽20442
₽21193
₽15103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
760
regional
-
-
-
1 459
national
-
-
-
29 083
social contributions
-
-
-
32 922
total
-
-
-
64 224
Employee
89 689
-
128 000
-
social contributions
30 243
-
43 162
-
regional
846
-
1 283
-
municipal
475
-
678
-
national
15 541
-
25 191
-
total
47 105
-
70 314
-
Employer
89 689
-
128 000
-
total
-
-
-
-
Corporate
38 311
128 000
-
-
nationa
9 194
30 720
-
-
municipal
1 494
4 993
-
-
total
10 688
35 713
-
-
Dividends
27 623
92 287
-
-
withholding
7 182
23 994
-
-
total
7 182
23 994
-
-
Income
128 000
128 000
128 000
128 000
Total tax
64 975
59 707
70 314
64 224
After tax
63 025
68 293
57 686
63 776
Living cost
42 583
42 583
42 583
42 583
Free-cash
20 442
25 710
15 103
21 193

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58243
₽55102
₽39323
₽37210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
27 715
pensions
-
-
-
25 601
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 087
surtax
-
-
-
3 775
total
-
-
-
66 408
Employee
33 373
-
105 743
-
other
-
-
-
-
health
852
-
2 696
-
surtax
109
-
3 441
-
income
5 594
-
25 714
-
pensions
2 225
-
7 053
-
unemployment
2 323
-
7 360
-
total
11 103
-
46 264
-
Employer
33 373
-
105 743
-
other
-
-
-
-
unemployment
1 057
-
3 351
-
pensions
4 449
-
14 095
-
health
1 519
-
4 811
-
total
7 025
-
22 257
-
Corporate
87 603
128 000
-
-
income
22 776
33 280
-
-
total
22 776
33 280
-
-
Dividends
64 827
94 720
-
-
withholding
9 725
14 208
-
-
total
9 725
14 208
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 629
47 488
68 521
66 408
After tax
77 371
80 512
59 479
61 592
Living cost
22 269
22 269
22 269
22 269
Free-cash
55 102
58 243
37 210
39 323

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42950
₽41664
₽42396
₽30531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
31 232
pensions
-
-
-
8 103
total
-
-
-
39 335
Employee
64 218
-
112 281
-
health
932
-
1 825
-
income
11 566
-
23 322
-
pensions
5 451
-
10 335
-
total
17 949
-
35 482
-
Employer
64 218
-
112 281
-
pensions
6 952
-
13 584
-
health
1 220
-
2 134
-
total
8 172
-
15 718
-
Corporate
55 610
128 000
-
-
income

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

10 567
24 321
-
-
total
10 567
24 321
-
-
Dividends
45 043
103 679
-
-
withholding
3 379
14 460
-
-
total
3 379
14 460
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 067
38 781
51 200
39 335
After tax
87 933
89 219
76 800
88 665
Living cost
46 269
46 269
46 269
46 269
Free-cash
41 664
42 950
30 531
42 396

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and 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

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
-₽17742
₽14890
₽29254
₽22954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 350
pensions
-
-
-
11 777
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
-
-
-
5 203
health
-
-
-
288
national
-
-
-
1 295
total
-
-
-
22 473
Employee
89 259
-
114 567
-
city
958
-
1 230
-
regional
2 923
-
4 472
-
health
202
-
259
-
pensions
7 499
-
9 622
-
unemployment
-
-
-
-
national
422
-
1 017
-
total
12 004
-
16 600
-
Employer
89 259
-
114 567
-
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.

1 785
-
2 292
-
unemployment
-
-
-
-
pensions
7 499
-
9 622
-
health
202
-
259
-
total
9 486
-
12 173
-
Corporate
28 275
128 000
-
-
regional
5 981
27 073
-
-
national
2 404
10 880
-
-
total
8 385
37 953
-
-
Dividends
19 890
90 047
-
-
withholding
6 962
31 516
-
-
total
6 962
31 516
-
-
Income
128 000
128 000
128 000
128 000
Total tax
36 837
69 469
28 773
22 473
After tax
91 163
58 531
99 227
105 527
Living cost
76 273
76 273
76 273
76 273
Free-cash
14 890
-17 742
22 954
29 254

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17090
₽33459
₽25049
₽38954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 905
income

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

-
-
-
34 048
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.

-
-
-
6 894
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.

-
-
-
1 873
total
-
-
-
56 720
Employee

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

60 649
-
128 000
-
health

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

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

6 894
-
6 894
-
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.

393
-
1 873
-
income

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

7 132
-
34 048
-
total
14 419
-
42 815
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 351
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.

555
1 055
-
-
income
10 102
19 201
-
-
trade
11 550
21 953
-
-
chamber of commerce
249
333
-
-
total
22 456
42 542
-
-
Dividends
44 894
85 458
-
-
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.

596
1 155
-
-
withholding
10 839
20 982
-
-
total
11 435
22 137
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 310
64 679
42 815
56 720
After tax
79 690
63 321
85 185
71 280
Living cost
46 230
46 230
46 230
46 230
Free-cash
33 459
17 090
38 954
25 049

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29984
₽35947
₽38413
₽41375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
16 021
pensions
-
-
-
27 566
other
-
-
-
3 968
health
-
-
-
3 859
surtax
-
-
-
-
social contributions
-
-
-
3 646
total
-
-
-
55 060
Employee
43 191
-
101 924
-
social contributions
1 231
-
2 903
-
surtax
-
-
-
-
income
2 549
-
17 237
-
pensions
4 883
-
5 883
-
total
8 663
-
26 023
-
Employer
43 191
-
101 924
-
other
1 490
-
3 516
-
social contributions
130
-
306
-
unemployment
1 748
-
4 127
-
pensions
7 095
-
10 120
-
health
3 024
-
8 006
-
total
13 487
-
26 075
-
Corporate
71 321
128 000
-
-
surtax
-
-
-
-
income
19 971
35 841
-
-
total
19 971
35 841
-
-
Dividends
51 351
92 159
-
-
surtax
-
-
-
-
social contributions
8 832
15 851
-
-
withholding
6 573
11 797
-
-
total
15 405
27 648
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 526
63 489
52 098
55 060
After tax
70 474
64 511
75 902
72 940
Living cost
34 527
34 527
34 527
34 527
Free-cash
35 947
29 984
41 375
38 413

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33405
₽39012
₽41834
₽44796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
16 021
pensions
-
-
-
27 566
other
-
-
-
3 968
health
-
-
-
3 859
surtax
-
-
-
-
social contributions
-
-
-
3 646
total
-
-
-
55 060
Employee
38 554
-
101 924
-
social contributions
1 099
-
2 903
-
surtax
-
-
-
-
income
1 988
-
17 237
-
pensions
4 361
-
5 883
-
total
7 448
-
26 023
-
Employer
38 554
-
101 924
-
other
1 331
-
3 516
-
social contributions
115
-
306
-
unemployment
1 561
-
4 127
-
pensions
6 335
-
10 120
-
health
2 698
-
8 006
-
total
12 040
-
26 075
-
Corporate
77 406
128 000
-
-
surtax
-
-
-
-
income
21 673
35 841
-
-
total
21 673
35 841
-
-
Dividends
55 733
92 159
-
-
surtax
-
-
-
-
social contributions
9 587
15 851
-
-
withholding
7 134
11 797
-
-
total
16 721
27 648
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 882
63 489
52 098
55 060
After tax
70 118
64 511
75 902
72 940
Living cost
31 106
31 106
31 106
31 106
Free-cash
39 012
33 405
44 796
41 834

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56694
₽57217
₽60801
₽59624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 201
health
-
-
-
8 934
social contributions
-
-
-
17 665
total
-
-
-
45 800
Employee
34 217
-
128 000
-
social contributions
4 723
-
17 665
-
health
2 388
-
8 934
-
income
5 707
-
20 378
-
total
12 818
-
46 977
-
Employer
34 217
-
128 000
-
total
-
-
-
-
Corporate
93 783
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%.

4 690
6 400
-
-
total
4 690
6 400
-
-
Dividends
89 093
121 600
-
-
health
6 218
8 488
-
-
social contributions
12 295
16 780
-
-
withholding
13 363
18 239
-
-
total
31 876
43 507
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 384
49 907
46 977
45 800
After tax
78 616
78 093
81 023
82 200
Living cost
21 399
21 399
21 399
21 399
Free-cash
57 217
56 694
59 624
60 801

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35739
₽34179
₽28565
-₽211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
511
income
-
-
-
26 147
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
63 876
Employee
50 434
40 217
99 239
-
other
504
402
992
-
health
1 951
1 557
3 840
-
income
5 741
2 966
22 068
-
pensions
5 165
4 117
10 161
-
unemployment
1 513
1 207
2 978
-
total
14 874
10 249
40 039
-
Employer
50 434
40 217
99 239
-
accident
655
523
1 291
-
other
2 396
1 909
4 713
-
chamber of commerce
201
161
396
-
unemployment
1 513
1 207
2 978
-
surtax
199
199
199
-
pensions
6 329
5 048
12 454
-
payroll
1 513
1 207
2 978
-
health
1 906
1 521
3 752
-
total
14 712
11 775
28 761
-
Corporate
62 855
76 009
95 409
-
income

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

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

15 713
19 001
23 852
-
total
15 713
19 001
23 852
-
Dividends
47 141
57 008
-
-
withholding
12 963
15 677
-
-
total
12 963
15 677
-
-
Income
128 000
128 000
128 000
128 000
Total tax
58 262
56 702
92 652
63 876
After tax
69 738
71 298
35 348
64 124
Living cost
35 559
35 559
35 559
35 559
Free-cash
34 179
35 739
-211
28 565

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34893
₽19758
₽20496
₽11045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
43 907
communal

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

-
-
-
6 460
social contributions
-
-
-
20 341
total
-
-
-
70 708
Employee

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

72 186
-
99 140
-
communal

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

3 765
-
5 171
-
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.

3 392
-
4 659
-
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.

5 414
-
7 436
-
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.

628
-
862
-
national
22 193
-
33 169
-
total
35 392
-
51 297
-
Employer

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

72 186
-
99 140
-
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.

938
-
1 289
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 053
-
1 448
-
surtax
8 185
-
11 242
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6 396
-
8 785
-
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.

4 439
-
6 098
-
total
21 011
-
28 862
-
Corporate
34 801
128 000
-
-
surtax
140
511
-
-
income
6 959
25 601
-
-
total
7 099
26 112
-
-
Dividends
27 702
101 888
-
-
withholding

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

7 944
30 199
-
-
total
7 944
30 199
-
-
Income
128 000
128 000
128 000
128 000
Total tax
71 446
56 311
80 159
70 708
After tax
56 554
71 689
47 841
57 292
Living cost
36 796
36 796
36 796
36 796
Free-cash
19 758
34 893
11 045
20 496

Estimated living cost  is ₽36796 per week

₽23701
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.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49474
₽41699
₽34749
₽29897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
28 744
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
56 806
Employee
50 234
-
98 180
-
other
50
-
94
-
income
10 599
-
25 897
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
31 838
-
Employer
50 234
-
98 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
61 754
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.

9 263
19 201
-
-
total
9 263
19 201
-
-
Dividends
52 491
108 799
-
-
withholding
10 793
22 880
-
-
total
10 793
22 880
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 856
42 081
61 658
56 806
After tax
78 144
85 919
66 342
71 194
Living cost
36 445
36 445
36 445
36 445
Free-cash
41 699
49 474
29 897
34 749

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22339
₽12448
₽14016
₽19119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 080
income
-
-
-
15 450
pensions
-
-
-
19 185
health
-
-
-
8 993
surtax
-
-
-
6 345
communal
-
-
-
8 089
total
-
-
-
59 142
Employee
76 423
-
114 338
-
health
3 401
-
5 088
-
surtax
4 684
-
7 007
-
income
7 382
-
19 137
-
pensions
6 113
-
9 146
-
total
21 580
-
40 378
-
Employer
76 423
-
114 338
-
accident
688
-
1 028
-
pensions
6 113
-
9 146
-
health
2 331
-
3 487
-
total
9 132
-
13 661
-
Corporate
42 445
128 000
-
-
surtax
446
1 344
-
-
communal
2 865
8 641
-
-
income
6 368
19 201
-
-
total
9 679
29 186
-
-
Dividends
32 767
98 814
-
-
income
15 405
6 810
-
-
withholding
4 914
14 823
-
-
total
20 319
21 633
-
-
Income
128 000
128 000
128 000
128 000
Total tax
60 710
50 819
54 039
59 142
After tax
67 290
77 181
73 961
68 858
Living cost
54 842
54 842
54 842
54 842
Free-cash
12 448
22 339
19 119
14 016

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57845
₽54636
₽38925
₽36812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
27 715
pensions
-
-
-
25 601
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 087
surtax
-
-
-
3 775
total
-
-
-
66 408
Employee
33 985
-
105 743
-
other
-
-
-
-
health
868
-
2 696
-
surtax
121
-
3 441
-
income
5 697
-
25 714
-
pensions
2 267
-
7 053
-
unemployment
2 365
-
7 360
-
total
11 318
-
46 264
-
Employer
33 985
-
105 743
-
other
-
-
-
-
unemployment
1 078
-
3 351
-
pensions
4 531
-
14 095
-
health
1 545
-
4 811
-
total
7 154
-
22 257
-
Corporate
86 860
128 000
-
-
income
22 583
33 280
-
-
total
22 583
33 280
-
-
Dividends
64 277
94 720
-
-
withholding
9 642
14 208
-
-
total
9 642
14 208
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 697
47 488
68 521
66 408
After tax
77 303
80 512
59 479
61 592
Living cost
22 667
22 667
22 667
22 667
Free-cash
54 636
57 845
36 812
38 925

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40095
₽37853
₽36121
₽30062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
760
regional
-
-
-
1 929
national
-
-
-
29 083
social contributions
-
-
-
32 922
total
-
-
-
64 694
Employee
55 980
-
128 000
-
social contributions
18 877
-
43 162
-
regional
754
-
1 722
-
municipal
297
-
678
-
national
8 869
-
25 191
-
total
28 797
-
70 753
-
Employer
55 980
-
128 000
-
total
-
-
-
-
Corporate
72 020
128 000
-
-
nationa
17 286
30 720
-
-
municipal
3 579
6 362
-
-
total
20 865
37 082
-
-
Dividends
51 155
90 918
-
-
withholding
13 300
23 638
-
-
total
13 300
23 638
-
-
Income
128 000
128 000
128 000
128 000
Total tax
62 962
60 720
70 753
64 694
After tax
65 038
67 280
57 247
63 306
Living cost
27 185
27 185
27 185
27 185
Free-cash
37 853
40 095
30 062
36 121

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58345
₽47719
₽34767
₽35171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 391
health
-
-
-
17 280
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
63 450
Employee
43 799
-
95 522
-
social contributions
2 847
-
6 209
-
health
5 913
-
12 896
-
solidarity contribution
-
-
-
-
income
5 256
-
11 463
-
total
14 016
-
30 568
-
Employer
43 799
-
95 522
-
social contributions
10 950
-
23 881
-
health
3 942
-
8 597
-
total
14 892
-
32 478
-
Corporate
69 309
128 000
-
-
income
13 169
24 320
-
-
total
13 169
24 320
-
-
Dividends
56 140
103 680
-
-
withholding
8 421
15 552
-
-
total
8 421
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
50 498
39 872
63 046
63 450
After tax
77 502
88 128
64 954
64 550
Living cost
29 783
29 783
29 783
29 783
Free-cash
47 719
58 345
35 171
34 767

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39209
₽38712
₽32127
₽3186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
511
income
-
-
-
26 147
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
63 677
Employee
44 114
40 217
99 392
-
other
440
402
994
-
health
1 706
1 557
3 847
-
income
3 930
2 966
22 119
-
pensions
4 518
4 117
10 179
-
unemployment
1 323
1 207
2 982
-
total
11 917
10 249
40 121
-
Employer
44 114
40 217
99 392
-
accident
573
523
1 293
-
other
2 095
1 909
4 721
-
chamber of commerce
176
161
398
-
unemployment
1 323
1 207
2 982
-
surtax
-
-
-
-
pensions
5 537
5 048
12 473
-
payroll
1 323
1 207
2 982
-
health
1 668
1 521
3 757
-
total
12 695
11 576
28 606
-
Corporate
71 191
76 208
95 564
-
income

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

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

17 797
19 051
23 891
-
total
17 797
19 051
23 891
-
Dividends
53 394
57 157
-
-
withholding
14 683
15 719
-
-
total
14 683
15 719
-
-
Income
128 000
128 000
128 000
128 000
Total tax
57 092
56 595
92 618
63 677
After tax
70 908
71 405
35 382
64 323
Living cost
32 196
32 196
32 196
32 196
Free-cash
38 712
39 209
3 186
32 127

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107451
₽104798
₽112571
₽88251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
128 000
-
income
3 537
-
25 600
-
total
3 537
-
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%.

110 314
128 000
-
-
total
-
-
-
-
Dividends
110 314
128 000
-
-
withholding
5 516
6 400
-
-
total
5 516
6 400
-
-
Income
128 000
128 000
128 000
128 000
Total tax
9 053
6 400
25 600
1 280
After tax
118 947
121 600
102 400
126 720
Living cost
14 149
14 149
14 149
14 149
Free-cash
104 798
107 451
88 251
112 571

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61060
₽52620
₽37967
₽34299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
128 000
income
-
-
-
26 801
pensions
-
-
-
23 376
unemployment
-
-
-
192
health
-
-
-
12 596
total
-
-
-
62 965
Employee

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

44 626
-
110 755
-
health
2 882
-
7 155
-
income
7 696
-
24 911
-
pensions
6 917
-
17 167
-
unemployment
63
-
155
-
total
17 558
-
49 388
-
Employer

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

44 626
-
110 755
-
unemployment
27
-
67
-
pensions
3 949
-
9 801
-
health
2 972
-
7 377
-
total
6 948
-
17 245
-
Corporate
76 426
128 000
-
-
income
14 520
24 320
-
-
total
14 520
24 320
-
-
Dividends
61 906
103 680
-
-
withholding
9 286
15 552
-
-
total
9 286
15 552
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 312
39 872
66 633
62 965
After tax
79 688
88 128
61 367
65 035
Living cost
27 068
27 068
27 068
27 068
Free-cash
52 620
61 060
34 299
37 967

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34295
-₽22594
₽44878
₽71133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
24 950
social contributions
-
-
-
14 592
total
-
-
-
39 542
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
128 000
-
-
income
-
28 160
-
-
total
-
28 160
-
-
Dividends
-
99 840
-
-
income
-
21 965
-
-
total
-
21 965
-
-
Income
128 000
128 000
128 000
128 000
Total tax
107 014
50 125
13 287
39 542
After tax
20 986
77 875
114 713
88 458
Living cost
43 580
43 580
43 580
43 580
Free-cash
-22 594
34 295
71 133
44 878

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41153
₽40136
₽38564
₽30385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 302
surtax
-
-
-
-
social contributions

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

-
-
-
44 480
total
-
-
-
57 782
Employee
46 414
-
103 433
-
social contributions
5 106
-
11 378
-
surtax
-
-
-
-
income
9 654
-
30 018
-
total
14 760
-
41 396
-
Employer
46 414
-
103 433
-
social contributions
11 023
-
24 565
-
total
11 023
-
24 565
-
Corporate
70 563
128 000
-
-
surtax
-
-
-
-
income
14 819
26 880
-
-
total
14 819
26 880
-
-
Dividends
55 744
101 120
-
-
withholding
15 608
28 313
-
-
total
15 608
28 313
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 210
55 193
65 961
57 782
After tax
71 790
72 807
62 039
70 218
Living cost
31 654
31 654
31 654
31 654
Free-cash
40 136
41 153
30 385
38 564

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15769
₽22707
₽24198
₽27160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
16 021
pensions
-
-
-
27 566
other
-
-
-
3 968
health
-
-
-
3 859
surtax
-
-
-
-
social contributions
-
-
-
3 646
total
-
-
-
55 060
Employee
63 206
-
101 924
-
social contributions
1 800
-
2 903
-
surtax
-
-
-
-
income
5 515
-
17 237
-
pensions
7 149
-
5 883
-
total
14 464
-
26 023
-
Employer
63 206
-
101 924
-
other
2 181
-
3 516
-
social contributions
190
-
306
-
unemployment
2 560
-
4 127
-
pensions
10 386
-
10 120
-
health
4 424
-
8 006
-
total
19 741
-
26 075
-
Corporate
45 053
128 000
-
-
surtax
-
-
-
-
income
12 615
35 841
-
-
total
12 615
35 841
-
-
Dividends
32 438
92 159
-
-
surtax
-
-
-
-
social contributions
5 579
15 851
-
-
withholding
4 152
11 797
-
-
total
9 731
27 648
-
-
Income
128 000
128 000
128 000
128 000
Total tax
56 551
63 489
52 098
55 060
After tax
71 449
64 511
75 902
72 940
Living cost
48 742
48 742
48 742
48 742
Free-cash
22 707
15 769
27 160
24 198

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84865
₽81474
₽65649
₽69050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
3 855
social contributions
-
-
-
28 161
total
-
-
-
32 016
Employee
32 444
-
110 822
-
income
-
-
4 234
-
social contributions
2 109
-
7 203
-
total
2 109
-
11 437
-
Employer
32 444
-
110 822
-
social contributions
5 029
-
17 178
-
total
5 029
-
17 178
-
Corporate
90 527
128 000
-
-
income
9 053
12 800
-
-
total
9 053
12 800
-
-
Dividends
81 475
115 200
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
16 191
12 800
28 615
32 016
After tax
111 809
115 200
99 385
95 984
Living cost
30 335
30 335
30 335
30 335
Free-cash
81 474
84 865
69 050
65 649

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽91971
-₽91971
₽29162
-₽91971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
25 183
pensions
-
-
-
875
national
-
-
-
13 987
labour market
-
-
-
10 170
total
-
-
-
50 215
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
128 000
128 000
128 000
128 000
Total tax
171 348
171 348
171 348
50 215
After tax
-43 348
-43 348
-43 348
77 785
Living cost
48 623
48 623
48 623
48 623
Free-cash
-91 971
-91 971
-91 971
29 162

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11375
₽7033
₽65933
₽46072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
33 337
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
40 324
Employee
34 203
-
112 321
-
health
3 917
-
12 861
-
income
4 692
-
23 991
-
pensions
3 852
-
7 653
-
total
12 461
-
44 505
-
Employer
34 203
-
112 321
-
accident
571
-
1 876
-
unemployment
838
-
2 752
-
pensions
5 561
-
11 052
-
total
6 970
-
15 680
-
Corporate
86 826
128 000
-
-
income

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

78 143
115 200
-
-
total
78 143
115 200
-
-
Dividends
8 683
12 800
-
-
withholding
1 650
2 432
-
-
total
1 650
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
99 224
117 632
60 185
40 324
After tax
28 776
10 368
67 815
87 676
Living cost
21 743
21 743
21 743
21 743
Free-cash
7 033
-11 375
46 072
65 933

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44293
₽44589
₽49117
₽31566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
22 761
health
-
-
-
1 549
national
-
-
-
15 828
total
-
-
-
40 138
Employee
53 094
-
107 681
-
health
396
-
1 237
-
municipal
8 696
-
17 561
-
pensions
3 583
-
7 268
-
unemployment
797
-
1 614
-
national
877
-
9 690
-
total
14 349
-
37 370
-
Employer
53 094
-
107 681
-
accident
54
-
107
-
unemployment
345
-
699
-
pensions
9 212
-
18 684
-
health
408
-
829
-
total
10 019
-
20 319
-
Corporate
64 888
128 000
-
-
income
12 977
25 601
-
-
total
12 977
25 601
-
-
Dividends

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

38 933
76 799
-
-
national
314
5 538
-
-
municipal
7 007
13 823
-
-
total
7 321
19 361
-
-
Income
128 000
128 000
128 000
128 000
Total tax
44 666
44 962
57 689
40 138
After tax
83 334
83 038
70 311
87 862
Living cost
38 745
38 745
38 745
38 745
Free-cash
44 589
44 293
31 566
49 117

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70175
₽64683
₽66291
₽64931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
18 753
health
-
-
-
3 263
social contributions
-
-
-
16 328
total
-
-
-
38 344
Employee
77 600
77 600
117 145
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
1 992
-
income
8 449
7 183
18 170
-
total
11 984
14 942
28 849
-
Employer
77 600
77 600
117 145
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 168
-
total
3 587
7 876
10 855
-
Corporate
89 063
42 523
-
-
income
11 132
5 316
-
-
total
11 132
5 316
-
-
Dividends
77 931
37 207
-
-
withholding
13 249
6 326
-
-
total
13 249
6 326
-
-
Income
128 000
128 000
128 000
128 000
Total tax
39 952
34 460
39 704
38 344
After tax
88 048
93 540
88 296
89 656
Living cost
23 365
23 365
23 365
23 365
Free-cash
64 683
70 175
64 931
66 291

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89975
₽84839
₽89264
₽69024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 613
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
22 713
Employee

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

23 164
-
118 137
-
health
1 969
-
8 139
-
income
1 584
-
10 110
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
33 091
-
Employer

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

23 164
-
118 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
102 452
128 000
-
-
income
9 221
11 519
-
-
total
9 221
11 519
-
-
Dividends
93 231
116 481
-
-
withholding
8 390
10 483
-
-
total
8 390
10 483
-
-
Income
128 000
128 000
128 000
128 000
Total tax
27 138
22 002
42 953
22 713
After tax
100 862
105 998
85 047
105 287
Living cost
16 023
16 023
16 023
16 023
Free-cash
84 839
89 975
69 024
89 264

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58168
₽53137
₽43443
₽38591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
28 744
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
56 806
Employee
37 315
-
98 180
-
other
36
-
94
-
income
7 194
-
25 897
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
31 838
-
Employer
37 315
-
98 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
78 789
128 000
-
-
income

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

11 818
19 201
-
-
total
11 818
19 201
-
-
Dividends
66 971
108 799
-
-
withholding
13 835
22 880
-
-
total
13 835
22 880
-
-
Income
128 000
128 000
128 000
128 000
Total tax
47 112
42 081
61 658
56 806
After tax
80 888
85 919
66 342
71 194
Living cost
27 751
27 751
27 751
27 751
Free-cash
53 137
58 168
38 591
43 443

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77116
₽76662
₽78826
₽78628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 951
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
46 418
Employee
4 198
-
125 738
-
health
210
-
503
-
income
812
-
42 845
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
44 354
-
Employer
4 198
-
125 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
122 858
128 000
-
-
income
27 029
28 160
-
-
total
27 029
28 160
-
-
Dividends
95 829
99 840
-
-
withholding
19 166
19 968
-
-
total
19 166
19 968
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 582
48 128
46 616
46 418
After tax
79 418
79 872
81 384
81 582
Living cost
2 756
2 756
2 756
2 756
Free-cash
76 662
77 116
78 628
78 826

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75027
₽70062
₽54570
₽54571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
128 000
income
-
-
-
27 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
55 977
Employee

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

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

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

26 319
-
114 649
-
health
1 355
-
3 841
-
income
3 628
-
27 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
42 626
-
Employer

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

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

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

26 319
-
114 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
96 970
128 000
-
-
income
14 546
19 200
-
-
total
14 546
19 200
-
-
Dividends
82 425
108 800
-
-
withholding
12 364
16 320
-
-
total
12 364
16 320
-
-
Income
128 000
128 000
128 000
128 000
Total tax
40 485
35 520
55 976
55 977
After tax
87 515
92 480
72 024
72 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
70 062
75 027
54 571
54 570

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45601
₽45237
₽43012
₽34833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 302
surtax
-
-
-
-
social contributions

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

-
-
-
44 480
total
-
-
-
57 782
Employee
39 168
-
103 433
-
social contributions
4 309
-
11 378
-
surtax
-
-
-
-
income
7 653
-
30 018
-
total
11 962
-
41 396
-
Employer
39 168
-
103 433
-
social contributions
9 302
-
24 565
-
total
9 302
-
24 565
-
Corporate
79 530
128 000
-
-
surtax
-
-
-
-
income
16 701
26 880
-
-
total
16 701
26 880
-
-
Dividends
62 829
101 120
-
-
withholding
17 592
28 313
-
-
total
17 592
28 313
-
-
Income
128 000
128 000
128 000
128 000
Total tax
55 557
55 193
65 961
57 782
After tax
72 443
72 807
62 039
70 218
Living cost
27 206
27 206
27 206
27 206
Free-cash
45 237
45 601
34 833
43 012

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50452
₽43019
₽35727
₽30875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
28 744
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
56 806
Employee
48 738
-
98 180
-
other
48
-
94
-
income
10 180
-
25 897
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
31 838
-
Employer
48 738
-
98 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
63 723
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.

9 558
19 201
-
-
total
9 558
19 201
-
-
Dividends
54 165
108 799
-
-
withholding
11 144
22 880
-
-
total
11 144
22 880
-
-
Income
128 000
128 000
128 000
128 000
Total tax
49 514
42 081
61 658
56 806
After tax
78 486
85 919
66 342
71 194
Living cost
35 467
35 467
35 467
35 467
Free-cash
43 019
50 452
30 875
35 727

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92069
₽85916
₽82012
₽86493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
28 617
Employee
23 001
-
121 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
12 108
-
pensions

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

2 019
-
3 097
-
total
5 630
-
17 215
-
Employer
23 001
-
121 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
100 486
128 000
-
-
income
10 048
12 800
-
-
total
10 048
12 800
-
-
Dividends
90 438
115 200
-
-
withholding
4 522
5 760
-
-
total
4 522
5 760
-
-
Income
128 000
128 000
128 000
128 000
Total tax
24 713
18 560
24 136
28 617
After tax
103 287
109 440
103 864
99 383
Living cost
17 370
17 370
17 370
17 370
Free-cash
85 916
92 069
86 493
82 012

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26995
₽40196
₽34590
₽46224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 634
income

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

-
-
-
34 048
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.

-
-
-
6 894
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.

-
-
-
1 873
total
-
-
-
54 449
Employee

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

50 212
-
128 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
1 873
-
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.

4 129
-
34 048
-
total
11 251
-
42 815
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 788
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.

642
1 055
-
-
income
11 669
19 201
-
-
trade
11 163
18 368
-
-
chamber of commerce
268
341
-
-
total
23 742
38 965
-
-
Dividends
54 046
89 036
-
-
surtax

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

722
1 203
-
-
withholding
13 128
21 876
-
-
total
13 850
23 079
-
-
Income
128 000
128 000
128 000
128 000
Total tax
48 843
62 044
42 815
54 449
After tax
79 157
65 956
85 185
73 551
Living cost
38 961
38 961
38 961
38 961
Free-cash
40 196
26 995
46 224
34 590

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32111
₽34342
₽24038
₽24038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
34 519
social contributions
-
-
-
11 956
total
-
-
-
46 475
Employee
78 939
-
128 000
-
income
14 896
-
34 519
-
social contributions
6 558
-
11 956
-
total
21 454
-
46 475
-
Employer
78 939
-
128 000
-
total
-
-
-
-
Corporate
49 061
128 000
-
-
income
6 132
16 001
-
-
total
6 132
16 001
-
-
Dividends
42 928
111 999
-
-
withholding
8 585
22 401
-
-
total
8 585
22 401
-
-
Income
128 000
128 000
128 000
128 000
Total tax
36 171
38 402
46 475
46 475
After tax
91 829
89 598
81 525
81 525
Living cost
57 487
57 487
57 487
57 487
Free-cash
34 342
32 111
24 038
24 038

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41235
₽44762
₽55900
₽57415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
128 000
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
123 358
-
income
5 023
-
24 668
-
social contributions
4 638
-
4 642
-
total
9 661
-
29 310
-
Employer
46 295
-
123 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
77 067
128 000
-
-
income
26 974
44 800
-
-
total
26 974
44 800
-
-
Dividends
50 093
83 200
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
128 000
128 000
128 000
128 000
Total tax
46 605
50 132
33 952
35 467
After tax
81 395
77 868
94 048
92 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
44 762
41 235
57 415
55 900

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽51604
₽52575
₽51050
₽39185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 000
income
-
-
-
31 232
pensions
-
-
-
8 103
total
-
-
-
39 335
Employee
51 632
-
112 281
-
health
674
-
1 825
-
income
9 403
-
23 322
-
pensions
3 941
-
10 335
-
total
14 018
-
35 482
-
Employer
51 632
-
112 281
-
pensions
5 217
-
13 584
-
health
981
-
2 134
-
total
6 198
-
15 718
-
Corporate
70 170
128 000
-
-
income

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

13 332
24 321
-
-
total
13 332
24 321
-
-
Dividends
56 838
103 679
-
-
withholding
4 262
14 460
-
-
total
4 262
14 460
-
-
Income
128 000
128 000
128 000
128 000
Total tax
37 810
38 781
51 200
39 335
After tax
90 190
89 219
76 800
88 665
Living cost
37 615
37 615
37 615
37 615
Free-cash
52 575
51 604
39 185
51 050

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Edinburgh model

Close
Warsaw , Poland
-₽13528
₽6701
₽63780
₽43919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
33 337
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
40 324
Employee
37 589
-
112 321
-
health
4 304
-
12 861
-
income
5 157
-
23 991
-
pensions
4 233
-
7 653
-
total
13 694
-
44 505
-
Employer
37 589
-
112 321
-
accident
628
-
1 876
-
unemployment
921
-
2 752
-
pensions
6 112
-
11 052
-
total
7 661
-
15 680
-
Corporate
82 751
128 000
-
-
income

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

74 476
115 200
-
-
total
74 476
115 200
-
-
Dividends
8 275
12 800
-
-
withholding
1 572
2 432
-
-
total
1 572
2 432
-
-
Income
128 000
128 000
128 000
128 000
Total tax
97 403
117 632
60 185
40 324
After tax
30 597
10 368
67 815
87 676
Living cost
23 896
23 896
23 896
23 896
Free-cash
6 701
-13 528
43 919
63 780

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94081
₽89359
₽58818
₽71828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
128 000
work injury
-
-
-
640
health insurance
-
-
-
9 472
income
-
-
-
20 351
pensions
-
-
-
23 552
unemployment
-
-
-
1 536
total
-
-
-
55 551
Employee

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

21 810
-
128 000
-
work injury
109
-
403
-
income
2 181
-
20 351
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
42 541
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 190
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%.

1 062
1 280
-
-
total
1 062
1 280
-
-
Dividends
105 128
126 720
-
-
withholding
15 769
19 008
-
-
total
15 769
19 008
-
-
Income
128 000
128 000
128 000
128 000
Total tax
25 010
20 288
42 541
55 551
After tax
102 990
107 712
85 459
72 449
Living cost
13 631
13 631
13 631
13 631
Free-cash
89 359
94 081
71 828
58 818

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽27219
₽22628
₽22130
₽16276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
856
regional
-
-
-
2 806
national
-
-
-
29 083
social contributions
-
-
-
32 922
total
-
-
-
65 667
Employee
85 039
-
128 000
-
social contributions
28 675
-
43 162
-
regional
1 284
-
2 404
-
municipal
507
-
764
-
national
14 371
-
25 191
-
total
44 837
-
71 521
-
Employer
85 039
-
128 000
-
total
-
-
-
-
Corporate
42 961
128 000
-
-
nationa
10 311
30 720
-
-
municipal
2 070
6 170
-
-
total
12 381
36 890
-
-
Dividends
30 580
91 110
-
-
withholding
7 951
23 688
-
-
total
7 951
23 688
-
-
Income
128 000
128 000
128 000
128 000
Total tax
65 169
60 578
71 521
65 667
After tax
62 831
67 422
56 479
62 333
Living cost
40 203
40 203
40 203
40 203
Free-cash
22 628
27 219
16 276
22 130

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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