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
₽ 129000
per

Your estimated
City
free-cash

Dresden , Germany
₽34410
₽45635
₽42197
₽55085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
trade
-
-
-
12 888
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.

-
-
-
34 360
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.

-
-
-
6 932
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.

-
-
-
1 889
total
-
-
-
56 069
Employee

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

38 810
-
129 000
-
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.

6 932
-
6 932
-
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.

60
-
1 889
-
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.

1 084
-
34 360
-
total
8 076
-
43 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 190
129 000
-
-
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.

743
1 065
-
-
income
13 529
19 350
-
-
trade
14 205
20 317
-
-
chamber of commerce
283
339
-
-
total
28 760
41 071
-
-
Dividends
61 430
87 930
-
-
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.

824
1 188
-
-
withholding
14 971
21 597
-
-
total
15 795
22 785
-
-
Income
129 000
129 000
129 000
129 000
Total tax
52 631
63 856
43 181
56 069
After tax
76 369
65 144
85 819
72 931
Living cost
30 734
30 734
30 734
30 734
Free-cash
45 635
34 410
55 085
42 197

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29370
₽28521
₽25855
₽26867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
municipal
-
-
-
13 787
pensions
-
-
-
15 480
national
-
-
-
21 365
social contributions
-
-
-
1 387
total
-
-
-
52 019
Employee
79 255
-
111 519
-
municipal
9 789
-
14 287
-
pensions
3 170
-
4 461
-
national
15 169
-
22 138
-
total
28 128
-
40 886
-
Employer
79 255
-
111 519
-
social contributions
852
-
1 199
-
pensions
6 340
-
8 922
-
total
7 192
-
10 121
-
Corporate
37 322
129 000
-
-
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%.

7 464
25 800
-
-
total
7 464
25 800
-
-
Dividends
29 858
103 200
-
-
withholding
6 569
22 704
-
-
total
6 569
22 704
-
-
Income
129 000
129 000
129 000
129 000
Total tax
49 353
48 504
51 007
52 019
After tax
79 647
80 496
77 993
76 981
Living cost
51 126
51 126
51 126
51 126
Free-cash
28 521
29 370
26 867
25 855

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82089
₽73767
₽16546
₽51286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
microenterprise
-
-
-
-
income
-
-
-
19 573
surtax
-
-
-
32 894
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.

-
-
-
38 877
total
-
-
-
91 344
Employee
29 650
-
103 956
-
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.

3 262
-
11 436
-
surtax
-
-
-
-
income
5 278
-
20 124
-
total
8 540
-
31 560
-
Employer
29 650
-
103 956
-
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.

7 142
-
25 044
-
surtax
-
-
-
-
total
7 142
-
25 044
-
Corporate
92 208
129 000
-
-
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%.

18 441
25 801
-
-
total
18 441
25 801
-
-
Dividends

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

73 767
103 199
-
-
total
-
-
-
-
Income
129 000
129 000
129 000
129 000
Total tax
34 123
25 801
56 604
91 344
After tax
94 877
103 199
72 396
37 656
Living cost
21 110
21 110
21 110
21 110
Free-cash
73 767
82 089
51 286
16 546

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20619
₽14403
₽31776
₽29053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
30 317
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
54 717
Employee
86 650
86 650
110 143
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
14 183
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
38 583
-
Employer
86 650
86 650
110 143
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
28 239
27 177
-
-
income
5 648
5 436
-
-
total
5 648
5 436
-
-
Dividends
22 592
21 741
-
-
income
4 800
4 619
-
-
withholding
3 389
3 262
-
-
total
8 189
7 881
-
-
Income
129 000
129 000
129 000
129 000
Total tax
72 090
65 874
57 440
54 717
After tax
56 910
63 126
71 560
74 283
Living cost
42 507
42 507
42 507
42 507
Free-cash
14 403
20 619
29 053
31 776

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31329
₽30452
₽29352
₽28298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
municipal
-
-
-
31 064
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
4 650
total
-
-
-
60 543
Employee
55 722
-
102 071
-
municipal
16 616
-
30 438
-
national
-
-
4 230
-
total
16 616
-
34 668
-
Employer
55 722
-
102 071
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
55 771
129 000
-
-
income
12 270
28 380
-
-
total
12 270
28 380
-
-
Dividends
43 501
100 620
-
-
withholding
13 050
30 186
-
-
total
13 050
30 186
-
-
Income
129 000
129 000
129 000
129 000
Total tax
59 443
58 566
61 597
60 543
After tax
69 557
70 434
67 403
68 457
Living cost
39 105
39 105
39 105
39 105
Free-cash
30 452
31 329
28 298
29 352

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24620
₽38876
₽32498
₽45958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
trade
-
-
-
13 460
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.

-
-
-
34 360
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.

-
-
-
6 932
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.

-
-
-
1 889
total
-
-
-
56 641
Employee

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

51 457
-
129 000
-
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.

6 932
-
6 932
-
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.

243
-
1 889
-
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.

4 421
-
34 360
-
total
11 596
-
43 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 543
129 000
-
-
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.

639
1 065
-
-
income
11 632
19 350
-
-
trade
12 757
21 220
-
-
chamber of commerce
264
337
-
-
total
25 292
41 972
-
-
Dividends
52 251
87 029
-
-
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.

697
1 175
-
-
withholding
12 678
21 372
-
-
total
13 375
22 547
-
-
Income
129 000
129 000
129 000
129 000
Total tax
50 263
64 519
43 181
56 641
After tax
78 737
64 481
85 819
72 359
Living cost
39 861
39 861
39 861
39 861
Free-cash
38 876
24 620
45 958
32 498

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61357
₽57152
₽57439
₽56073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
18 944
health
-
-
-
3 289
social contributions
-
-
-
16 417
total
-
-
-
38 650
Employee
78 025
78 025
118 082
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
2 008
-
income
8 193
7 223
18 356
-
total
12 760
15 026
29 098
-
Employer
78 025
78 025
118 082
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
2 184
-
total
4 636
7 920
10 918
-
Corporate
78 691
43 056
-
-
income
9 836
5 382
-
-
total
9 836
5 382
-
-
Dividends
68 856
37 674
-
-
withholding
11 705
6 404
-
-
total
11 705
6 404
-
-
Income
129 000
129 000
129 000
129 000
Total tax
38 937
34 732
40 016
38 650
After tax
90 063
94 268
88 984
90 350
Living cost
32 911
32 911
32 911
32 911
Free-cash
57 152
61 357
56 073
57 439

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54095
₽54479
₽70889
₽56307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
15 770
pensions
-
-
-
12 900
unemployment
-
-
-
1 935
health
-
-
-
9 030
total
-
-
-
39 635
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.

26 671
10 615
107 950
-
health
1 867
743
7 556
-
income
3 260
1 298
13 197
-
pensions
2 667
1 061
10 795
-
unemployment
400
159
1 619
-
total
8 194
3 261
33 167
-
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.

26 671
10 615
107 950
-
pensions
5 201
2 070
21 050
-
total
5 201
2 070
21 050
-
Corporate
97 129
116 316
-
-
income
8 742
10 468
-
-
total
8 742
10 468
-
-
Dividends
88 387
105 847
-
-
social contributions
17 114
20 519
-
-
withholding
16 794
20 111
-
-
total
33 908
40 630
-
-
Income
129 000
129 000
129 000
129 000
Total tax
56 045
56 429
54 217
39 635
After tax
72 955
72 571
74 783
89 365
Living cost
18 476
18 476
18 476
18 476
Free-cash
54 479
54 095
56 307
70 889

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78691
₽72390
₽44635
₽49846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
17 286
pensions
-
-
-
25 801
health
-
-
-
16 770
total
-
-
-
59 857
Employee
28 785
-
96 412
-
income
3 241
-
18 589
-
pensions
576
-
1 927
-
unemployment
460
-
1 542
-
total
4 277
-
22 058
-
Employer
28 785
-
96 412
-
unemployment
231
-
772
-
pensions
5 757
-
19 283
-
health
3 741
-
12 533
-
total
9 729
-
32 588
-
Corporate
90 485
129 000
-
-
income
18 096
25 801
-
-
total
18 096
25 801
-
-
Dividends
72 389
103 199
-
-
total
-
-
-
-
Income
129 000
129 000
129 000
129 000
Total tax
32 102
25 801
54 646
59 857
After tax
96 898
103 199
74 354
69 143
Living cost
24 508
24 508
24 508
24 508
Free-cash
72 390
78 691
49 846
44 635

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11655
₽7060
₽66254
₽46280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
accident
-
-
-
254
income
-
-
-
33 644
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
40 642
Employee
34 771
-
113 264
-
health
3 981
-
12 969
-
income
4 770
-
24 245
-
pensions
3 915
-
7 666
-
total
12 666
-
44 880
-
Employer
34 771
-
113 264
-
accident
580
-
1 891
-
unemployment
852
-
2 775
-
pensions
5 654
-
11 070
-
total
7 086
-
15 736
-
Corporate
87 142
129 000
-
-
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.

78 428
116 100
-
-
total
78 428
116 100
-
-
Dividends
8 714
12 900
-
-
withholding
1 656
2 451
-
-
total
1 656
2 451
-
-
Income
129 000
129 000
129 000
129 000
Total tax
99 836
118 551
60 616
40 642
After tax
29 164
10 449
68 384
88 358
Living cost
22 104
22 104
22 104
22 104
Free-cash
7 060
-11 655
46 280
66 254

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113288
₽111552
₽118448
₽93938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
129 000
microenterprise

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

-
-
-
1 290
total
-
-
-
1 290
Employee
11 577
-
129 000
-
income
2 315
-
25 800
-
total
2 315
-
25 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

117 423
129 000
-
-
total
-
-
-
-
Dividends
117 423
129 000
-
-
withholding
5 871
6 450
-
-
total
5 871
6 450
-
-
Income
129 000
129 000
129 000
129 000
Total tax
8 186
6 450
25 800
1 290
After tax
120 814
122 550
103 200
127 710
Living cost
9 262
9 262
9 262
9 262
Free-cash
111 552
113 288
93 938
118 448

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67738
₽60886
₽41933
₽47272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
17 265
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.

-
-
-
30 961
other
-
-
-
6 127
health
-
-
-
5 677
total
-
-
-
60 030
Employee
36 842
-
103 036
-
health
516
-
1 442
-
income
6 343
-
19 044
-
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.

2 578
-
7 211
-
unemployment
368
-
1 030
-
total
9 805
-
28 727
-
Employer
36 842
-
103 036
-
accident
295
-
824
-
other
1 843
-
5 153
-
unemployment
368
-
1 030
-
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.

6 264
-
17 515
-
health
516
-
1 442
-
total
9 286
-
25 964
-
Corporate
82 873
129 000
-
-
income
17 403
27 091
-
-
total
17 403
27 091
-
-
Dividends
65 470
101 909
-
-
withholding
4 583
7 134
-
-
total
4 583
7 134
-
-
Income
129 000
129 000
129 000
129 000
Total tax
41 077
34 225
54 691
60 030
After tax
87 923
94 775
74 309
68 970
Living cost
27 037
27 037
27 037
27 037
Free-cash
60 886
67 738
47 272
41 933

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21501
₽14110
₽20922
₽8962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
31 415
pensions
-
-
-
8 184
total
-
-
-
39 599
Employee
96 888
-
113 165
-
health
1 597
-
1 840
-
income
17 465
-
23 441
-
pensions
9 347
-
10 443
-
total
28 409
-
35 724
-
Employer
96 888
-
113 165
-
pensions
11 440
-
13 686
-
health
1 840
-
2 149
-
total
13 280
-
15 835
-
Corporate
18 832
129 000
-
-
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.

3 579
24 510
-
-
total
3 579
24 510
-
-
Dividends
15 254
104 490
-
-
withholding
1 143
14 510
-
-
total
1 143
14 510
-
-
Income
129 000
129 000
129 000
129 000
Total tax
46 411
39 020
51 559
39 599
After tax
82 589
89 980
77 441
89 401
Living cost
68 479
68 479
68 479
68 479
Free-cash
14 110
21 501
8 962
20 922

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96982
₽92265
₽86867
₽91389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
19 350
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
28 820
Employee
17 628
-
122 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
12 205
-
pensions

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

1 548
-
3 114
-
total
4 316
-
17 340
-
Employer
17 628
-
122 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
107 913
129 000
-
-
income
10 791
12 900
-
-
total
10 791
12 900
-
-
Dividends
97 122
116 100
-
-
withholding
4 856
5 805
-
-
total
4 856
5 805
-
-
Income
129 000
129 000
129 000
129 000
Total tax
23 422
18 705
24 298
28 820
After tax
105 578
110 295
104 702
100 180
Living cost
13 313
13 313
13 313
13 313
Free-cash
92 265
96 982
91 389
86 867

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6860
₽9414
₽18017
₽15294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
30 317
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
54 717
Employee
94 074
86 650
110 143
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
14 183
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
38 583
-
Employer
94 074
86 650
110 143
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
18 455
27 177
-
-
income
3 691
5 436
-
-
total
3 691
5 436
-
-
Dividends
14 763
21 741
-
-
income
3 137
4 619
-
-
withholding
2 214
3 262
-
-
total
5 351
7 881
-
-
Income
129 000
129 000
129 000
129 000
Total tax
63 320
65 874
57 440
54 717
After tax
65 680
63 126
71 560
74 283
Living cost
56 266
56 266
56 266
56 266
Free-cash
9 414
6 860
15 294
18 017

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64491
₽55811
₽40767
₽41138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
11 487
health
-
-
-
17 415
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
63 907
Employee
35 774
-
96 269
-
social contributions
2 325
-
6 257
-
health
4 830
-
12 996
-
solidarity contribution
-
-
-
-
income
4 293
-
11 552
-
total
11 448
-
30 805
-
Employer
35 774
-
96 269
-
social contributions
8 944
-
24 067
-
health
3 220
-
8 664
-
total
12 164
-
32 731
-
Corporate
81 063
129 000
-
-
income
15 402
24 510
-
-
total
15 402
24 510
-
-
Dividends
65 661
104 490
-
-
withholding
9 849
15 673
-
-
total
9 849
15 673
-
-
Income
129 000
129 000
129 000
129 000
Total tax
48 863
40 183
63 536
63 907
After tax
80 137
88 817
65 464
65 093
Living cost
24 326
24 326
24 326
24 326
Free-cash
55 811
64 491
41 138
40 767

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽26011
₽20713
₽21442
₽15304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
municipal
-
-
-
766
regional
-
-
-
1 471
national
-
-
-
29 326
social contributions
-
-
-
33 179
total
-
-
-
64 742
Employee
90 179
-
129 000
-
social contributions
30 408
-
43 498
-
regional
851
-
1 294
-
municipal
478
-
684
-
national
15 626
-
25 404
-
total
47 363
-
70 880
-
Employer
90 179
-
129 000
-
total
-
-
-
-
Corporate
38 821
129 000
-
-
nationa
9 318
30 959
-
-
municipal
1 513
5 031
-
-
total
10 831
35 990
-
-
Dividends
27 990
93 009
-
-
withholding
7 277
24 183
-
-
total
7 277
24 183
-
-
Income
129 000
129 000
129 000
129 000
Total tax
65 471
60 173
70 880
64 742
After tax
63 529
68 827
58 120
64 258
Living cost
42 816
42 816
42 816
42 816
Free-cash
20 713
26 011
15 304
21 442

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58752
₽55590
₽39641
₽37512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
27 965
pensions
-
-
-
25 801
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 158
surtax
-
-
-
3 813
total
-
-
-
66 968
Employee
33 555
-
106 569
-
other
-
-
-
-
health
857
-
2 717
-
surtax
110
-
3 476
-
income
5 625
-
25 949
-
pensions
2 237
-
7 107
-
unemployment
2 336
-
7 417
-
total
11 165
-
46 666
-
Employer
33 555
-
106 569
-
other
-
-
-
-
unemployment
1 063
-
3 377
-
pensions
4 473
-
14 205
-
health
1 527
-
4 849
-
total
7 063
-
22 431
-
Corporate
88 382
129 000
-
-
income
22 980
33 539
-
-
total
22 980
33 539
-
-
Dividends
65 402
95 461
-
-
withholding
9 811
14 318
-
-
total
9 811
14 318
-
-
Income
129 000
129 000
129 000
129 000
Total tax
51 019
47 857
69 097
66 968
After tax
77 981
81 143
59 903
62 032
Living cost
22 391
22 391
22 391
22 391
Free-cash
55 590
58 752
37 512
39 641

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43197
₽41814
₽42618
₽30658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
31 415
pensions
-
-
-
8 184
total
-
-
-
39 599
Employee
64 932
-
113 165
-
health
943
-
1 840
-
income
11 695
-
23 441
-
pensions
5 511
-
10 443
-
total
18 149
-
35 724
-
Employer
64 932
-
113 165
-
pensions
7 029
-
13 686
-
health
1 233
-
2 149
-
total
8 262
-
15 835
-
Corporate
55 806
129 000
-
-
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.

10 603
24 510
-
-
total
10 603
24 510
-
-
Dividends
45 203
104 490
-
-
withholding
3 389
14 510
-
-
total
3 389
14 510
-
-
Income
129 000
129 000
129 000
129 000
Total tax
40 403
39 020
51 559
39 599
After tax
88 597
89 980
77 441
89 401
Living cost
46 783
46 783
46 783
46 783
Free-cash
41 814
43 197
30 658
42 618

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18337
₽14748
₽29064
₽22698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
city
-
-
-
1 360
pensions
-
-
-
11 866
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.

-
-
-
2 580
regional
-
-
-
5 221
health
-
-
-
290
national
-
-
-
1 293
total
-
-
-
22 610
Employee
90 491
-
115 459
-
city
971
-
1 241
-
regional
2 963
-
4 490
-
health
205
-
260
-
pensions
7 602
-
9 700
-
unemployment
-
-
-
-
national
428
-
1 015
-
total
12 169
-
16 706
-
Employer
90 491
-
115 459
-
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.

1 809
-
2 310
-
unemployment
-
-
-
-
pensions
7 602
-
9 700
-
health
205
-
260
-
total
9 616
-
12 270
-
Corporate
27 898
129 000
-
-
regional
5 900
27 284
-
-
national
2 371
10 965
-
-
total
8 271
38 249
-
-
Dividends
19 626
90 751
-
-
withholding
6 870
31 762
-
-
total
6 870
31 762
-
-
Income
129 000
129 000
129 000
129 000
Total tax
36 926
70 011
28 976
22 610
After tax
92 074
58 989
100 024
106 390
Living cost
77 326
77 326
77 326
77 326
Free-cash
14 748
-18 337
22 698
29 064

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17335
₽33788
₽25303
₽39336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
trade
-
-
-
14 033
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.

-
-
-
34 360
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.

-
-
-
6 932
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.

-
-
-
1 889
total
-
-
-
57 214
Employee

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

60 981
-
129 000
-
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.

6 932
-
6 932
-
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.

395
-
1 889
-
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.

7 171
-
34 360
-
total
14 498
-
43 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 019
129 000
-
-
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.

560
1 065
-
-
income
10 204
19 350
-
-
trade
11 665
22 123
-
-
chamber of commerce
250
335
-
-
total
22 679
42 873
-
-
Dividends
45 340
86 127
-
-
surtax

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

603
1 163
-
-
withholding
10 949
21 146
-
-
total
11 552
22 309
-
-
Income
129 000
129 000
129 000
129 000
Total tax
48 729
65 182
43 181
57 214
After tax
80 271
63 818
85 819
71 786
Living cost
46 483
46 483
46 483
46 483
Free-cash
33 788
17 335
39 336
25 303

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30300
₽36295
₽38786
₽41732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
16 180
pensions
-
-
-
27 742
other
-
-
-
3 999
health
-
-
-
3 901
surtax
-
-
-
-
social contributions
-
-
-
3 676
total
-
-
-
55 498
Employee
43 427
-
102 699
-
social contributions
1 238
-
2 927
-
surtax
-
-
-
-
income
2 563
-
17 387
-
pensions
4 910
-
5 937
-
total
8 711
-
26 251
-
Employer
43 427
-
102 699
-
other
1 498
-
3 543
-
social contributions
131
-
308
-
unemployment
1 758
-
4 159
-
pensions
7 134
-
10 212
-
health
3 040
-
8 079
-
total
13 561
-
26 301
-
Corporate
72 011
129 000
-
-
surtax
-
-
-
-
income
20 163
36 120
-
-
total
20 163
36 120
-
-
Dividends
51 849
92 880
-
-
surtax
-
-
-
-
social contributions
8 917
15 976
-
-
withholding
6 637
11 888
-
-
total
15 554
27 864
-
-
Income
129 000
129 000
129 000
129 000
Total tax
57 989
63 984
52 552
55 498
After tax
71 011
65 016
76 448
73 502
Living cost
34 716
34 716
34 716
34 716
Free-cash
36 295
30 300
41 732
38 786

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33740
₽39378
₽42226
₽45172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
16 180
pensions
-
-
-
27 742
other
-
-
-
3 999
health
-
-
-
3 901
surtax
-
-
-
-
social contributions
-
-
-
3 676
total
-
-
-
55 498
Employee
38 765
-
102 699
-
social contributions
1 105
-
2 927
-
surtax
-
-
-
-
income
1 999
-
17 387
-
pensions
4 384
-
5 937
-
total
7 488
-
26 251
-
Employer
38 765
-
102 699
-
other
1 338
-
3 543
-
social contributions
116
-
308
-
unemployment
1 569
-
4 159
-
pensions
6 370
-
10 212
-
health
2 713
-
8 079
-
total
12 106
-
26 301
-
Corporate
78 129
129 000
-
-
surtax
-
-
-
-
income
21 876
36 120
-
-
total
21 876
36 120
-
-
Dividends
56 253
92 880
-
-
surtax
-
-
-
-
social contributions
9 676
15 976
-
-
withholding
7 200
11 888
-
-
total
16 876
27 864
-
-
Income
129 000
129 000
129 000
129 000
Total tax
58 346
63 984
52 552
55 498
After tax
70 654
65 016
76 448
73 502
Living cost
31 276
31 276
31 276
31 276
Free-cash
39 378
33 740
45 172
42 226

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57185
₽57711
₽61328
₽60128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
19 350
health
-
-
-
9 004
social contributions
-
-
-
17 802
total
-
-
-
46 156
Employee
34 404
-
129 000
-
social contributions
4 748
-
17 802
-
health
2 401
-
9 004
-
income
5 738
-
20 550
-
total
12 887
-
47 356
-
Employer
34 404
-
129 000
-
total
-
-
-
-
Corporate
94 596
129 000
-
-
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%.

4 729
6 451
-
-
total
4 729
6 451
-
-
Dividends
89 867
122 549
-
-
health
6 273
8 553
-
-
social contributions
12 403
16 912
-
-
withholding
13 481
18 383
-
-
total
32 157
43 848
-
-
Income
129 000
129 000
129 000
129 000
Total tax
49 773
50 299
47 356
46 156
After tax
79 227
78 701
81 644
82 844
Living cost
21 516
21 516
21 516
21 516
Free-cash
57 711
57 185
60 128
61 328

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36098
₽34529
₽28893
-₽159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
chamber of commerce
-
-
-
516
income
-
-
-
26 417
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
64 353
Employee
50 709
40 437
100 015
-
other
506
404
999
-
health
1 962
1 565
3 870
-
income
5 773
2 983
22 269
-
pensions
5 193
4 140
10 242
-
unemployment
1 521
1 213
3 000
-
total
14 955
10 305
40 380
-
Employer
50 709
40 437
100 015
-
accident
659
526
1 300
-
other
2 409
1 920
4 750
-
chamber of commerce
202
162
401
-
unemployment
1 521
1 213
3 000
-
surtax
200
200
200
-
pensions
6 364
5 076
12 553
-
payroll
1 521
1 213
3 000
-
health
1 916
1 529
3 780
-
total
14 792
11 839
28 984
-
Corporate
63 498
76 725
96 165
-
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.

15 874
19 180
24 041
-
total
15 874
19 180
24 041
-
Dividends
47 624
57 544
-
-
withholding
13 096
15 824
-
-
total
13 096
15 824
-
-
Income
129 000
129 000
129 000
129 000
Total tax
58 717
57 148
93 405
64 353
After tax
70 283
71 852
35 595
64 647
Living cost
35 754
35 754
35 754
35 754
Free-cash
34 529
36 098
-159
28 893

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35251
₽20032
₽20723
₽11197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
national
-
-
-
44 276
communal

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

-
-
-
6 510
social contributions
-
-
-
20 494
total
-
-
-
71 280
Employee

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

72 581
-
99 914
-
communal

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

3 786
-
5 211
-
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.

3 410
-
4 696
-
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.

5 444
-
7 494
-
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.

632
-
868
-
national
22 314
-
33 451
-
total
35 586
-
51 720
-
Employer

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

72 581
-
99 914
-
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.

944
-
1 300
-
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.

1 059
-
1 460
-
surtax
8 230
-
11 330
-
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.

6 431
-
8 852
-
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.

4 463
-
6 144
-
total
21 127
-
29 086
-
Corporate
35 292
129 000
-
-
surtax
141
516
-
-
income
7 059
25 801
-
-
total
7 200
26 317
-
-
Dividends
28 092
102 683
-
-
withholding

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

8 058
30 435
-
-
total
8 058
30 435
-
-
Income
129 000
129 000
129 000
129 000
Total tax
71 971
56 752
80 806
71 280
After tax
57 029
72 248
48 194
57 720
Living cost
36 997
36 997
36 997
36 997
Free-cash
20 032
35 251
11 197
20 723

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
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.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49943
₽42127
₽35127
₽30249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
accident
-
-
-
847
income
-
-
-
29 013
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
57 228
Employee
50 509
-
99 017
-
other
50
-
94
-
income
10 657
-
26 150
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
32 123
-
Employer
50 509
-
99 017
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
62 392
129 000
-
-
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.

9 358
19 350
-
-
total
9 358
19 350
-
-
Dividends
53 034
109 650
-
-
withholding
10 906
23 062
-
-
total
10 906
23 062
-
-
Income
129 000
129 000
129 000
129 000
Total tax
50 228
42 412
62 106
57 228
After tax
78 772
86 588
66 894
71 772
Living cost
36 645
36 645
36 645
36 645
Free-cash
42 127
49 943
30 249
35 127

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22633
₽12661
₽14202
₽19347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
accident
-
-
-
1 088
income
-
-
-
15 618
pensions
-
-
-
19 336
health
-
-
-
9 066
surtax
-
-
-
6 395
communal
-
-
-
8 153
total
-
-
-
59 656
Employee
76 841
-
115 228
-
health
3 420
-
5 130
-
surtax
4 710
-
7 061
-
income
7 422
-
19 330
-
pensions
6 146
-
9 218
-
total
21 698
-
40 739
-
Employer
76 841
-
115 228
-
accident
691
-
1 038
-
pensions
6 146
-
9 218
-
health
2 343
-
3 516
-
total
9 180
-
13 772
-
Corporate
42 978
129 000
-
-
surtax
451
1 354
-
-
communal
2 902
8 707
-
-
income
6 447
19 350
-
-
total
9 800
29 411
-
-
Dividends
33 178
99 589
-
-
income
15 541
6 876
-
-
withholding
4 978
14 938
-
-
total
20 519
21 814
-
-
Income
129 000
129 000
129 000
129 000
Total tax
61 197
51 225
54 511
59 656
After tax
67 803
77 775
74 489
69 344
Living cost
55 142
55 142
55 142
55 142
Free-cash
12 661
22 633
19 347
14 202

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58352
₽55122
₽39241
₽37112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
27 965
pensions
-
-
-
25 801
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 158
surtax
-
-
-
3 813
total
-
-
-
66 968
Employee
34 171
-
106 569
-
other
-
-
-
-
health
872
-
2 717
-
surtax
121
-
3 476
-
income
5 729
-
25 949
-
pensions
2 280
-
7 107
-
unemployment
2 378
-
7 417
-
total
11 380
-
46 666
-
Employer
34 171
-
106 569
-
other
-
-
-
-
unemployment
1 084
-
3 377
-
pensions
4 556
-
14 205
-
health
1 554
-
4 849
-
total
7 194
-
22 431
-
Corporate
87 635
129 000
-
-
income
22 785
33 539
-
-
total
22 785
33 539
-
-
Dividends
64 850
95 461
-
-
withholding
9 728
14 318
-
-
total
9 728
14 318
-
-
Income
129 000
129 000
129 000
129 000
Total tax
51 087
47 857
69 097
66 968
After tax
77 913
81 143
59 903
62 032
Living cost
22 791
22 791
22 791
22 791
Free-cash
55 122
58 352
37 112
39 241

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40473
₽38220
₽36450
₽30345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
municipal
-
-
-
766
regional
-
-
-
1 946
national
-
-
-
29 326
social contributions
-
-
-
33 179
total
-
-
-
65 217
Employee
56 286
-
129 000
-
social contributions
18 980
-
43 498
-
regional
758
-
1 736
-
municipal
298
-
684
-
national
8 917
-
25 404
-
total
28 953
-
71 322
-
Employer
56 286
-
129 000
-
total
-
-
-
-
Corporate
72 714
129 000
-
-
nationa
17 451
30 959
-
-
municipal
3 614
6 412
-
-
total
21 065
37 371
-
-
Dividends
51 648
91 629
-
-
withholding
13 429
23 823
-
-
total
13 429
23 823
-
-
Income
129 000
129 000
129 000
129 000
Total tax
63 447
61 194
71 322
65 217
After tax
65 553
67 806
57 678
63 783
Living cost
27 333
27 333
27 333
27 333
Free-cash
38 220
40 473
30 345
36 450

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58840
₽48147
₽35116
₽35487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
11 487
health
-
-
-
17 415
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
63 907
Employee
44 083
-
96 269
-
social contributions
2 865
-
6 257
-
health
5 951
-
12 996
-
solidarity contribution
-
-
-
-
income
5 290
-
11 552
-
total
14 106
-
30 805
-
Employer
44 083
-
96 269
-
social contributions
11 021
-
24 067
-
health
3 967
-
8 664
-
total
14 988
-
32 731
-
Corporate
69 929
129 000
-
-
income
13 286
24 510
-
-
total
13 286
24 510
-
-
Dividends
56 642
104 490
-
-
withholding
8 496
15 673
-
-
total
8 496
15 673
-
-
Income
129 000
129 000
129 000
129 000
Total tax
50 876
40 183
63 536
63 907
After tax
78 124
88 817
65 464
65 093
Living cost
29 977
29 977
29 977
29 977
Free-cash
48 147
58 840
35 487
35 116

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39586
₽39085
₽32475
₽3257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
chamber of commerce
-
-
-
516
income
-
-
-
26 417
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
64 153
Employee
44 355
40 437
100 171
-
other
443
404
1 001
-
health
1 716
1 565
3 876
-
income
3 951
2 983
22 321
-
pensions
4 542
4 140
10 257
-
unemployment
1 331
1 213
3 006
-
total
11 983
10 305
40 461
-
Employer
44 355
40 437
100 171
-
accident
576
526
1 302
-
other
2 107
1 920
4 758
-
chamber of commerce
177
162
401
-
unemployment
1 331
1 213
3 006
-
surtax
-
-
-
-
pensions
5 567
5 076
12 572
-
payroll
1 331
1 213
3 006
-
health
1 677
1 529
3 786
-
total
12 766
11 639
28 831
-
Corporate
71 881
76 925
96 319
-
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.

17 969
19 231
24 079
-
total
17 969
19 231
24 079
-
Dividends
53 911
57 695
-
-
withholding
14 825
15 867
-
-
total
14 825
15 867
-
-
Income
129 000
129 000
129 000
129 000
Total tax
57 543
57 042
93 371
64 153
After tax
71 457
71 958
35 629
64 847
Living cost
32 372
32 372
32 372
32 372
Free-cash
39 085
39 586
3 257
32 475

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108117
₽105411
₽113277
₽88767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
129 000
microenterprise

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

-
-
-
1 290
total
-
-
-
1 290
Employee
18 041
-
129 000
-
income
3 608
-
25 800
-
total
3 608
-
25 800
-
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%.

110 959
129 000
-
-
total
-
-
-
-
Dividends
110 959
129 000
-
-
withholding
5 548
6 450
-
-
total
5 548
6 450
-
-
Income
129 000
129 000
129 000
129 000
Total tax
9 156
6 450
25 800
1 290
After tax
119 844
122 550
103 200
127 710
Living cost
14 433
14 433
14 433
14 433
Free-cash
105 411
108 117
88 767
113 277

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61600
₽53113
₽38313
₽34622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
income
-
-
-
27 026
pensions
-
-
-
23 559
unemployment
-
-
-
193
health
-
-
-
12 693
total
-
-
-
63 471
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.

44 870
-
111 620
-
health
2 898
-
7 211
-
income
7 738
-
25 114
-
pensions
6 955
-
17 301
-
unemployment
64
-
156
-
total
17 655
-
49 782
-
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.

44 870
-
111 620
-
unemployment
27
-
67
-
pensions
3 970
-
9 878
-
health
2 988
-
7 435
-
total
6 985
-
17 380
-
Corporate
77 144
129 000
-
-
income
14 657
24 510
-
-
total
14 657
24 510
-
-
Dividends
62 487
104 490
-
-
withholding
9 374
15 674
-
-
total
9 374
15 674
-
-
Income
129 000
129 000
129 000
129 000
Total tax
48 671
40 184
67 162
63 471
After tax
80 329
88 816
61 838
65 529
Living cost
27 216
27 216
27 216
27 216
Free-cash
53 113
61 600
34 622
38 313

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34500
-₽22991
₽45165
₽71606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
25 145
social contributions
-
-
-
14 706
total
-
-
-
39 851
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
-
129 000
-
-
income
-
28 380
-
-
total
-
28 380
-
-
Dividends
-
100 620
-
-
income
-
22 136
-
-
total
-
22 136
-
-
Income
129 000
129 000
129 000
129 000
Total tax
108 007
50 516
13 410
39 851
After tax
20 993
78 484
115 590
89 149
Living cost
43 984
43 984
43 984
43 984
Free-cash
-22 991
34 500
71 606
45 165

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
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.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41547
₽40525
₽38927
₽30669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
income
-
-
-
13 419
surtax
-
-
-
-
social contributions

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

-
-
-
44 827
total
-
-
-
58 246
Employee
46 668
-
104 243
-
social contributions
5 134
-
11 467
-
surtax
-
-
-
-
income
9 707
-
30 280
-
total
14 841
-
41 747
-
Employer
46 668
-
104 243
-
social contributions
11 084
-
24 757
-
total
11 084
-
24 757
-
Corporate
71 249
129 000
-
-
surtax
-
-
-
-
income
14 962
27 091
-
-
total
14 962
27 091
-
-
Dividends
56 287
101 909
-
-
withholding
15 761
28 535
-
-
total
15 761
28 535
-
-
Income
129 000
129 000
129 000
129 000
Total tax
56 648
55 626
66 504
58 246
After tax
72 352
73 374
62 496
70 754
Living cost
31 827
31 827
31 827
31 827
Free-cash
40 525
41 547
30 669
38 927

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16008
₽22983
₽24494
₽27440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
16 180
pensions
-
-
-
27 742
other
-
-
-
3 999
health
-
-
-
3 901
surtax
-
-
-
-
social contributions
-
-
-
3 676
total
-
-
-
55 498
Employee
63 552
-
102 699
-
social contributions
1 810
-
2 927
-
surtax
-
-
-
-
income
5 545
-
17 387
-
pensions
7 188
-
5 937
-
total
14 543
-
26 251
-
Employer
63 552
-
102 699
-
other
2 193
-
3 543
-
social contributions
191
-
308
-
unemployment
2 574
-
4 159
-
pensions
10 442
-
10 212
-
health
4 448
-
8 079
-
total
19 848
-
26 301
-
Corporate
45 600
129 000
-
-
surtax
-
-
-
-
income
12 768
36 120
-
-
total
12 768
36 120
-
-
Dividends
32 831
92 880
-
-
surtax
-
-
-
-
social contributions
5 648
15 976
-
-
withholding
4 202
11 888
-
-
total
9 850
27 864
-
-
Income
129 000
129 000
129 000
129 000
Total tax
57 009
63 984
52 552
55 498
After tax
71 991
65 016
76 448
73 502
Living cost
49 008
49 008
49 008
49 008
Free-cash
22 983
16 008
27 440
24 494

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
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.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85600
₽82189
₽66219
₽69648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
3 901
social contributions
-
-
-
28 379
total
-
-
-
32 280
Employee
32 621
-
111 689
-
income
-
-
4 281
-
social contributions
2 120
-
7 259
-
total
2 120
-
11 540
-
Employer
32 621
-
111 689
-
social contributions
5 057
-
17 311
-
total
5 057
-
17 311
-
Corporate
91 322
129 000
-
-
income
9 133
12 899
-
-
total
9 133
12 899
-
-
Dividends
82 189
116 101
-
-
total
-
-
-
-
Income
129 000
129 000
129 000
129 000
Total tax
16 310
12 899
28 851
32 280
After tax
112 690
116 101
100 149
96 720
Living cost
30 501
30 501
30 501
30 501
Free-cash
82 189
85 600
69 648
66 219

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽92101
-₽92101
₽29502
-₽92101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
municipal
-
-
-
25 394
pensions
-
-
-
880
national
-
-
-
14 101
labour market
-
-
-
10 250
total
-
-
-
50 625
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
129 000
129 000
129 000
129 000
Total tax
172 228
172 228
172 228
50 625
After tax
-43 228
-43 228
-43 228
78 375
Living cost
48 873
48 873
48 873
48 873
Free-cash
-92 101
-92 101
-92 101
29 502

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11329
₽7110
₽66580
₽46606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
accident
-
-
-
254
income
-
-
-
33 644
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
40 642
Employee
34 259
-
113 264
-
health
3 923
-
12 969
-
income
4 700
-
24 245
-
pensions
3 858
-
7 666
-
total
12 481
-
44 880
-
Employer
34 259
-
113 264
-
accident
572
-
1 891
-
unemployment
839
-
2 775
-
pensions
5 570
-
11 070
-
total
6 981
-
15 736
-
Corporate
87 759
129 000
-
-
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.

78 983
116 100
-
-
total
78 983
116 100
-
-
Dividends
8 776
12 900
-
-
withholding
1 667
2 451
-
-
total
1 667
2 451
-
-
Income
129 000
129 000
129 000
129 000
Total tax
100 112
118 551
60 616
40 642
After tax
28 888
10 449
68 384
88 358
Living cost
21 778
21 778
21 778
21 778
Free-cash
7 110
-11 329
46 606
66 580

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44711
₽45029
₽49562
₽31877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
129 000
municipal
-
-
-
22 939
health
-
-
-
1 564
national
-
-
-
15 978
total
-
-
-
40 481
Employee
53 385
-
108 524
-
health
399
-
1 248
-
municipal
8 744
-
17 698
-
pensions
3 603
-
7 325
-
unemployment
801
-
1 627
-
national
882
-
9 791
-
total
14 429
-
37 689
-
Employer
53 385
-
108 524
-
accident
54
-
108
-
unemployment
347
-
705
-
pensions
9 262
-
18 828
-
health
410
-
836
-
total
10 073
-
20 477
-
Corporate
65 543
129 000
-
-
income
13 109
25 801
-
-
total
13 109
25 801
-
-
Dividends

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

39 325
77 400
-
-
national
325
5 600
-
-
municipal
7 078
13 931
-
-
total
7 403
19 531
-
-
Income
129 000
129 000
129 000
129 000
Total tax
45 014
45 332
58 166
40 481
After tax
83 986
83 668
70 834
88 519
Living cost
38 957
38 957
38 957
38 957
Free-cash
45 029
44 711
31 877
49 562

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70775
₽65252
₽66857
₽65491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
18 944
health
-
-
-
3 289
social contributions
-
-
-
16 417
total
-
-
-
38 650
Employee
78 025
78 025
118 082
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
2 008
-
income
8 496
7 223
18 356
-
total
12 051
15 026
29 098
-
Employer
78 025
78 025
118 082
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
2 184
-
total
3 607
7 920
10 918
-
Corporate
89 851
43 056
-
-
income
11 232
5 382
-
-
total
11 232
5 382
-
-
Dividends
78 619
37 674
-
-
withholding
13 365
6 404
-
-
total
13 365
6 404
-
-
Income
129 000
129 000
129 000
129 000
Total tax
40 255
34 732
40 016
38 650
After tax
88 745
94 268
88 984
90 350
Living cost
23 493
23 493
23 493
23 493
Free-cash
65 252
70 775
65 491
66 857

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90715
₽85553
₽90020
₽69669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
129 000
income
-
-
-
12 715
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
22 870
Employee

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

23 291
-
119 083
-
health
1 979
-
8 184
-
income
1 592
-
10 198
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
33 305
-
Employer

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

23 291
-
119 083
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
103 312
129 000
-
-
income
9 299
11 609
-
-
total
9 299
11 609
-
-
Dividends
94 014
117 391
-
-
withholding
8 461
10 566
-
-
total
8 461
10 566
-
-
Income
129 000
129 000
129 000
129 000
Total tax
27 337
22 175
43 221
22 870
After tax
101 663
106 825
85 779
106 130
Living cost
16 110
16 110
16 110
16 110
Free-cash
85 553
90 715
69 669
90 020

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58685
₽53629
₽43869
₽38991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
accident
-
-
-
847
income
-
-
-
29 013
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
57 228
Employee
37 519
-
99 017
-
other
37
-
94
-
income
7 233
-
26 150
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
32 123
-
Employer
37 519
-
99 017
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
79 520
129 000
-
-
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.

11 929
19 350
-
-
total
11 929
19 350
-
-
Dividends
67 591
109 650
-
-
withholding
13 962
23 062
-
-
total
13 962
23 062
-
-
Income
129 000
129 000
129 000
129 000
Total tax
47 468
42 412
62 106
57 228
After tax
81 532
86 588
66 894
71 772
Living cost
27 903
27 903
27 903
27 903
Free-cash
53 629
58 685
38 991
43 869

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77709
₽77252
₽79426
₽79228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
43 280
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
46 787
Employee
4 245
-
126 713
-
health
212
-
508
-
income
821
-
43 173
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
44 698
-
Employer
4 245
-
126 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
123 799
129 000
-
-
income
27 236
28 380
-
-
total
27 236
28 380
-
-
Dividends
96 564
100 620
-
-
withholding
19 313
20 124
-
-
total
19 313
20 124
-
-
Income
129 000
129 000
129 000
129 000
Total tax
48 961
48 504
46 985
46 787
After tax
80 039
80 496
82 015
82 213
Living cost
2 787
2 787
2 787
2 787
Free-cash
77 252
77 709
79 228
79 426

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75648
₽70653
₽55078
₽55076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
income
-
-
-
28 010
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
56 367
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.

26 472
-
115 571
-
health
1 363
-
3 864
-
income
3 649
-
28 010
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
42 940
-
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.

26 472
-
115 571
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
97 790
129 000
-
-
income
14 668
19 350
-
-
total
14 668
19 350
-
-
Dividends
83 121
109 650
-
-
withholding
12 468
16 447
-
-
total
12 468
16 447
-
-
Income
129 000
129 000
129 000
129 000
Total tax
40 792
35 797
56 369
56 367
After tax
88 208
93 203
72 631
72 633
Living cost
17 555
17 555
17 555
17 555
Free-cash
70 653
75 648
55 076
55 078

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46019
₽45655
₽43399
₽35141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
income
-
-
-
13 419
surtax
-
-
-
-
social contributions

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

-
-
-
44 827
total
-
-
-
58 246
Employee
39 382
-
104 243
-
social contributions
4 333
-
11 467
-
surtax
-
-
-
-
income
7 695
-
30 280
-
total
12 028
-
41 747
-
Employer
39 382
-
104 243
-
social contributions
9 352
-
24 757
-
total
9 352
-
24 757
-
Corporate
80 265
129 000
-
-
surtax
-
-
-
-
income
16 856
27 091
-
-
total
16 856
27 091
-
-
Dividends
63 409
101 909
-
-
withholding
17 754
28 535
-
-
total
17 754
28 535
-
-
Income
129 000
129 000
129 000
129 000
Total tax
55 990
55 626
66 504
58 246
After tax
73 010
73 374
62 496
70 754
Living cost
27 355
27 355
27 355
27 355
Free-cash
45 655
46 019
35 141
43 399

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50927
₽43456
₽36111
₽31233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
accident
-
-
-
847
income
-
-
-
29 013
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
57 228
Employee
49 005
-
99 017
-
other
48
-
94
-
income
10 235
-
26 150
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
32 123
-
Employer
49 005
-
99 017
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
64 371
129 000
-
-
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.

9 655
19 350
-
-
total
9 655
19 350
-
-
Dividends
54 717
109 650
-
-
withholding
11 259
23 062
-
-
total
11 259
23 062
-
-
Income
129 000
129 000
129 000
129 000
Total tax
49 883
42 412
62 106
57 228
After tax
79 117
86 588
66 894
71 772
Living cost
35 661
35 661
35 661
35 661
Free-cash
43 456
50 927
31 233
36 111

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92828
₽86640
₽82713
₽87235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
19 350
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
28 820
Employee
23 129
-
122 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
12 205
-
pensions

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

2 030
-
3 114
-
total
5 661
-
17 340
-
Employer
23 129
-
122 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
101 334
129 000
-
-
income
10 134
12 900
-
-
total
10 134
12 900
-
-
Dividends
91 200
116 100
-
-
withholding
4 560
5 805
-
-
total
4 560
5 805
-
-
Income
129 000
129 000
129 000
129 000
Total tax
24 893
18 705
24 298
28 820
After tax
104 107
110 295
104 702
100 180
Living cost
17 467
17 467
17 467
17 467
Free-cash
86 640
92 828
87 235
82 713

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27295
₽40569
₽34903
₽46645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
trade
-
-
-
11 742
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.

-
-
-
34 360
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.

-
-
-
6 932
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.

-
-
-
1 889
total
-
-
-
54 923
Employee

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

50 487
-
129 000
-
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.

6 932
-
6 932
-
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.

229
-
1 889
-
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.

4 152
-
34 360
-
total
11 313
-
43 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 513
129 000
-
-
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.

647
1 065
-
-
income
11 777
19 350
-
-
trade
11 266
18 512
-
-
chamber of commerce
270
343
-
-
total
23 960
39 270
-
-
Dividends
54 553
89 730
-
-
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.

730
1 213
-
-
withholding
13 254
22 048
-
-
total
13 984
23 261
-
-
Income
129 000
129 000
129 000
129 000
Total tax
49 257
62 531
43 181
54 923
After tax
79 743
66 469
85 819
74 077
Living cost
39 174
39 174
39 174
39 174
Free-cash
40 569
27 295
46 645
34 903

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32499
₽34740
₽24317
₽24317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
34 828
social contributions
-
-
-
12 054
total
-
-
-
46 882
Employee
79 371
-
129 000
-
income
14 977
-
34 828
-
social contributions
6 594
-
12 054
-
total
21 571
-
46 882
-
Employer
79 371
-
129 000
-
total
-
-
-
-
Corporate
49 629
129 000
-
-
income
6 204
16 125
-
-
total
6 204
16 125
-
-
Dividends
43 425
112 875
-
-
withholding
8 684
22 575
-
-
total
8 684
22 575
-
-
Income
129 000
129 000
129 000
129 000
Total tax
36 459
38 700
46 882
46 882
After tax
92 541
90 300
82 118
82 118
Living cost
57 801
57 801
57 801
57 801
Free-cash
34 740
32 499
24 317
24 317

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41656
₽45202
₽56473
₽57922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
income
-
-
-
28 883
health

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

-
-
-
6 811
total
-
-
-
35 694
Employee
46 548
-
124 332
-
income
5 051
-
24 909
-
social contributions
4 664
-
4 668
-
total
9 715
-
29 577
-
Employer
46 548
-
124 332
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
77 789
129 000
-
-
income
27 225
45 150
-
-
total
27 225
45 150
-
-
Dividends
50 563
83 850
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
129 000
129 000
129 000
129 000
Total tax
46 965
50 511
34 245
35 694
After tax
82 035
78 489
94 755
93 306
Living cost
36 833
36 833
36 833
36 833
Free-cash
45 202
41 656
57 922
56 473

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51947
₽52844
₽51368
₽39408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
income
-
-
-
31 415
pensions
-
-
-
8 184
total
-
-
-
39 599
Employee
52 206
-
113 165
-
health
681
-
1 840
-
income
9 507
-
23 441
-
pensions
3 985
-
10 443
-
total
14 173
-
35 724
-
Employer
52 206
-
113 165
-
pensions
5 274
-
13 686
-
health
992
-
2 149
-
total
6 266
-
15 835
-
Corporate
70 527
129 000
-
-
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.

13 399
24 510
-
-
total
13 399
24 510
-
-
Dividends
57 128
104 490
-
-
withholding
4 285
14 510
-
-
total
4 285
14 510
-
-
Income
129 000
129 000
129 000
129 000
Total tax
38 123
39 020
51 559
39 599
After tax
90 877
89 980
77 441
89 401
Living cost
38 033
38 033
38 033
38 033
Free-cash
52 844
51 947
39 408
51 368

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13486
₽6778
₽64423
₽44449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
accident
-
-
-
254
income
-
-
-
33 644
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
40 642
Employee
37 650
-
113 264
-
health
4 311
-
12 969
-
income
5 165
-
24 245
-
pensions
4 239
-
7 666
-
total
13 715
-
44 880
-
Employer
37 650
-
113 264
-
accident
629
-
1 891
-
unemployment
922
-
2 775
-
pensions
6 122
-
11 070
-
total
7 673
-
15 736
-
Corporate
83 677
129 000
-
-
income

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

75 309
116 100
-
-
total
75 309
116 100
-
-
Dividends
8 368
12 900
-
-
withholding
1 590
2 451
-
-
total
1 590
2 451
-
-
Income
129 000
129 000
129 000
129 000
Total tax
98 287
118 551
60 616
40 642
After tax
30 713
10 449
68 384
88 358
Living cost
23 935
23 935
23 935
23 935
Free-cash
6 778
-13 486
44 449
64 423

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽94849
₽90100
₽59303
₽72466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 000
work injury
-
-
-
645
health insurance
-
-
-
9 546
income
-
-
-
20 517
pensions
-
-
-
23 736
unemployment
-
-
-
1 548
total
-
-
-
55 992
Employee

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

21 928
-
129 000
-
work injury
110
-
406
-
income
2 193
-
20 517
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
42 829
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 072
129 000
-
-
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%.

1 071
1 290
-
-
total
1 071
1 290
-
-
Dividends
106 001
127 710
-
-
withholding
15 900
19 156
-
-
total
15 900
19 156
-
-
Income
129 000
129 000
129 000
129 000
Total tax
25 195
20 446
42 829
55 992
After tax
103 805
108 554
86 171
73 008
Living cost
13 705
13 705
13 705
13 705
Free-cash
90 100
94 849
72 466
59 303

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽27525
₽22910
₽22380
₽16480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 000
municipal
-
-
-
863
regional
-
-
-
2 829
national
-
-
-
29 326
social contributions
-
-
-
33 179
total
-
-
-
66 197
Employee
85 504
-
129 000
-
social contributions
28 831
-
43 498
-
regional
1 291
-
2 425
-
municipal
510
-
770
-
national
14 449
-
25 404
-
total
45 081
-
72 097
-
Employer
85 504
-
129 000
-
total
-
-
-
-
Corporate
43 496
129 000
-
-
nationa
10 438
30 959
-
-
municipal
2 097
6 218
-
-
total
12 535
37 177
-
-
Dividends
30 961
91 823
-
-
withholding
8 051
23 875
-
-
total
8 051
23 875
-
-
Income
129 000
129 000
129 000
129 000
Total tax
65 667
61 052
72 097
66 197
After tax
63 333
67 948
56 903
62 803
Living cost
40 423
40 423
40 423
40 423
Free-cash
22 910
27 525
16 480
22 380

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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