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
₽ 110500
per

Your estimated
City
free-cash

Dresden , Germany
₽25275
₽36438
₽36794
₽46808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
trade
-
-
-
10 014
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.

-
-
-
24 864
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 367
total
-
-
-
43 139
Employee

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

38 599
-
110 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
1 367
-
income

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

1 078
-
24 864
-
total
8 031
-
33 125
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 901
110 500
-
-
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.

594
912
-
-
income
10 786
16 575
-
-
trade
11 324
17 404
-
-
chamber of commerce
257
312
-
-
total
22 961
35 203
-
-
Dividends
48 941
75 297
-
-
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.

651
1 015
-
-
withholding
11 852
18 440
-
-
total
12 503
19 455
-
-
Income
110 500
110 500
110 500
110 500
Total tax
43 495
54 658
33 125
43 139
After tax
67 005
55 842
77 375
67 361
Living cost
30 567
30 567
30 567
30 567
Free-cash
36 438
25 275
46 808
36 794

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽17958
₽17110
₽15399
₽16266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
municipal
-
-
-
11 633
pensions
-
-
-
13 260
national
-
-
-
18 026
social contributions
-
-
-
1 188
total
-
-
-
44 107
Employee
79 050
-
95 526
-
municipal
9 764
-
12 061
-
pensions
3 162
-
3 821
-
national
15 130
-
18 689
-
total
28 056
-
34 571
-
Employer
79 050
-
95 526
-
social contributions
850
-
1 027
-
pensions
6 324
-
7 642
-
total
7 174
-
8 669
-
Corporate
19 059
110 500
-
-
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%.

3 812
22 100
-
-
total
3 812
22 100
-
-
Dividends
15 247
88 400
-
-
withholding
3 354
19 448
-
-
total
3 354
19 448
-
-
Income
110 500
110 500
110 500
110 500
Total tax
42 396
41 548
43 240
44 107
After tax
68 104
68 952
67 260
66 393
Living cost
50 994
50 994
50 994
50 994
Free-cash
17 110
17 958
16 266
15 399

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽67405
₽59126
₽37884
₽41180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
microenterprise
-
-
-
-
income
-
-
-
16 096
surtax
-
-
-
-
social contributions

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

-
-
-
35 525
total
-
-
-
51 621
Employee
29 488
-
89 047
-
social contributions

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

3 244
-
9 796
-
surtax
-
-
-
-
income
5 249
-
17 078
-
total
8 493
-
26 874
-
Employer
29 488
-
89 047
-
social contributions

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

7 103
-
21 451
-
surtax
-
-
-
-
total
7 103
-
21 451
-
Corporate
73 909
110 500
-
-
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%.

14 783
22 100
-
-
total
14 783
22 100
-
-
Dividends

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

59 126
88 400
-
-
total
-
-
-
-
Income
110 500
110 500
110 500
110 500
Total tax
30 379
22 100
48 325
51 621
After tax
80 121
88 400
62 175
58 879
Living cost
20 995
20 995
20 995
20 995
Free-cash
59 126
67 405
41 180
37 884

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽11433
₽5248
₽20586
₽14130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
23 371
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
47 639
Employee
86 179
86 179
94 034
-
health
13 228
11 251
11 699
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
37 629
-
Employer
86 179
86 179
94 034
-
unemployment
3 102
3 102
3 386
-
pensions
5 998
5 998
6 544
-
health
5 990
5 990
6 536
-
total
15 090
15 090
16 466
-
Corporate
10 287
9 230
-
-
income
2 057
1 846
-
-
total
2 057
1 846
-
-
Dividends
8 231
7 384
-
-
income
1 748
1 568
-
-
withholding
1 235
1 107
-
-
total
2 983
2 675
-
-
Income
110 500
110 500
110 500
110 500
Total tax
62 976
56 792
54 095
47 639
After tax
47 524
53 708
56 405
62 861
Living cost
42 276
42 276
42 276
42 276
Free-cash
5 248
11 433
14 130
20 586

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽21343
₽20467
₽20173
₽19339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
municipal
-
-
-
25 569
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
1 012
total
-
-
-
51 337
Employee
55 558
-
84 082
-
municipal
16 567
-
25 073
-
national
-
-
680
-
total
16 567
-
25 753
-
Employer
55 558
-
84 082
-
accident
111
-
168
-
other
6 456
-
9 770
-
unemployment
1 467
-
2 220
-
pensions
6 006
-
9 089
-
health
3 417
-
5 171
-
total
17 457
-
26 418
-
Corporate
37 486
110 500
-
-
income
8 247
24 310
-
-
total
8 247
24 310
-
-
Dividends
29 239
86 190
-
-
withholding
8 772
25 857
-
-
total
8 772
25 857
-
-
Income
110 500
110 500
110 500
110 500
Total tax
51 043
50 167
52 171
51 337
After tax
59 457
60 333
58 329
59 163
Living cost
38 990
38 990
38 990
38 990
Free-cash
20 467
21 343
19 339
20 173

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽15630
₽29810
₽27273
₽37731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
trade
-
-
-
10 458
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.

-
-
-
24 864
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 367
total
-
-
-
43 583
Employee

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

51 177
-
110 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
1 367
-
income

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

4 397
-
24 864
-
total
11 532
-
33 125
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 323
110 500
-
-
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.

490
912
-
-
income
8 899
16 575
-
-
trade
9 759
18 178
-
-
chamber of commerce
237
310
-
-
total
19 385
35 975
-
-
Dividends
39 937
74 525
-
-
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.

529
1 004
-
-
withholding
9 600
18 247
-
-
total
10 129
19 251
-
-
Income
110 500
110 500
110 500
110 500
Total tax
41 046
55 226
33 125
43 583
After tax
69 454
55 274
77 375
66 917
Living cost
39 644
39 644
39 644
39 644
Free-cash
29 810
15 630
37 731
27 273

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽48100
₽43912
₽44986
₽44236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
13 637
health
-
-
-
2 817
social contributions
-
-
-
16 328
total
-
-
-
32 782
Employee
77 600
77 600
100 317
-
social contributions
3 771
6 440
8 327
-
health
772
1 319
1 706
-
income
8 149
7 183
13 316
-
total
12 692
14 942
23 349
-
Employer
77 600
77 600
100 317
-
social contributions
3 771
6 440
8 327
-
health
841
1 436
1 856
-
total
4 612
7 876
10 183
-
Corporate
60 465
25 023
-
-
income
7 559
3 127
-
-
total
7 559
3 127
-
-
Dividends
52 906
21 896
-
-
withholding
8 993
3 723
-
-
total
8 993
3 723
-
-
Income
110 500
110 500
110 500
110 500
Total tax
33 856
29 668
33 532
32 782
After tax
76 644
80 832
76 968
77 718
Living cost
32 732
32 732
32 732
32 732
Free-cash
43 912
48 100
44 236
44 986

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽43878
₽44259
₽58212
₽45721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
13 509
pensions
-
-
-
11 050
unemployment
-
-
-
1 657
health
-
-
-
7 735
total
-
-
-
33 951
Employee

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
92 469
-
health
1 853
737
6 473
-
income
3 236
1 288
11 304
-
pensions
2 647
1 053
9 247
-
unemployment
397
158
1 387
-
total
8 133
3 236
28 411
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
92 469
-
pensions
5 162
2 054
18 031
-
total
5 162
2 054
18 031
-
Corporate
78 869
97 911
-
-
income
7 098
8 812
-
-
total
7 098
8 812
-
-
Dividends
71 771
89 099
-
-
social contributions
13 875
17 254
-
-
withholding
13 636
16 929
-
-
total
27 511
34 183
-
-
Income
110 500
110 500
110 500
110 500
Total tax
47 904
48 285
46 442
33 951
After tax
62 596
62 215
64 058
76 549
Living cost
18 337
18 337
18 337
18 337
Free-cash
44 259
43 878
45 721
58 212

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽64025
₽57754
₽34853
₽39316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
14 807
pensions
-
-
-
22 100
health
-
-
-
14 365
total
-
-
-
51 272
Employee
28 629
-
82 586
-
income
3 223
-
15 922
-
pensions
573
-
1 651
-
unemployment
458
-
1 321
-
total
4 254
-
18 894
-
Employer
28 629
-
82 586
-
unemployment
230
-
661
-
pensions
5 726
-
16 518
-
health
3 721
-
10 736
-
total
9 677
-
27 915
-
Corporate
72 195
110 500
-
-
income
14 440
22 100
-
-
total
14 440
22 100
-
-
Dividends
57 755
88 400
-
-
total
-
-
-
-
Income
110 500
110 500
110 500
110 500
Total tax
28 371
22 100
46 809
51 272
After tax
82 129
88 400
63 691
59 228
Living cost
24 375
24 375
24 375
24 375
Free-cash
57 754
64 025
39 316
34 853

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽13119
₽5565
₽53707
₽35627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
accident
-
-
-
253
income
-
-
-
27 737
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
34 724
Employee
34 715
-
95 513
-
health
3 975
-
10 936
-
income
4 763
-
19 228
-
pensions
3 909
-
7 653
-
total
12 647
-
37 817
-
Employer
34 715
-
95 513
-
accident
580
-
1 595
-
unemployment
850
-
2 340
-
pensions
5 645
-
11 052
-
total
7 075
-
14 987
-
Corporate
68 710
110 500
-
-
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.

61 839
99 450
-
-
total
61 839
99 450
-
-
Dividends
6 871
11 050
-
-
withholding
1 305
2 100
-
-
total
1 305
2 100
-
-
Income
110 500
110 500
110 500
110 500
Total tax
82 866
101 550
52 804
34 724
After tax
27 634
8 950
57 696
75 776
Living cost
22 069
22 069
22 069
22 069
Free-cash
5 565
-13 119
35 627
53 707

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽95896
₽94195
₽100316
₽79321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
110 500
microenterprise

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

-
-
-
1 105
total
-
-
-
1 105
Employee
11 349
-
110 500
-
income
2 269
-
22 100
-
total
2 269
-
22 100
-
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%.

99 151
110 500
-
-
total
-
-
-
-
Dividends
99 151
110 500
-
-
withholding
4 957
5 525
-
-
total
4 957
5 525
-
-
Income
110 500
110 500
110 500
110 500
Total tax
7 226
5 525
22 100
1 105
After tax
103 274
104 975
88 400
109 395
Living cost
9 079
9 079
9 079
9 079
Free-cash
94 195
95 896
79 321
100 316

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽54294
₽47480
₽32782
₽37351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
14 197
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.

-
-
-
26 520
other
-
-
-
5 249
health
-
-
-
4 862
total
-
-
-
50 828
Employee
36 642
-
88 258
-
health
513
-
1 235
-
income
6 308
-
15 721
-
pensions

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

2 564
-
6 178
-
unemployment
366
-
883
-
total
9 751
-
24 017
-
Employer
36 642
-
88 258
-
accident
293
-
707
-
other
1 833
-
4 412
-
unemployment
366
-
883
-
pensions

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

6 230
-
15 005
-
health
513
-
1 235
-
total
9 235
-
22 242
-
Corporate
64 624
110 500
-
-
income
13 570
23 205
-
-
total
13 570
23 205
-
-
Dividends
51 053
87 295
-
-
withholding
3 574
6 111
-
-
total
3 574
6 111
-
-
Income
110 500
110 500
110 500
110 500
Total tax
36 130
29 316
46 259
50 828
After tax
74 370
81 184
64 241
59 672
Living cost
26 890
26 890
26 890
26 890
Free-cash
47 480
54 294
37 351
32 782

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽11924
₽1157
₽10648
₽685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
24 372
pensions
-
-
-
7 753
total
-
-
-
32 125
Employee
95 823
-
97 157
-
health
1 579
-
1 606
-
income
17 273
-
17 733
-
pensions
9 244
-
9 405
-
total
28 096
-
28 744
-
Employer
95 823
-
97 157
-
pensions
11 314
-
11 497
-
health
1 820
-
1 847
-
total
13 134
-
13 344
-
Corporate
1 543
110 500
-
-
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.

292
20 995
-
-
total
292
20 995
-
-
Dividends
1 251
89 505
-
-
withholding
94
9 854
-
-
total
94
9 854
-
-
Income
110 500
110 500
110 500
110 500
Total tax
41 616
30 849
42 088
32 125
After tax
68 884
79 651
68 412
78 375
Living cost
67 727
67 727
67 727
67 727
Free-cash
1 157
11 924
685
10 648

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽81239
₽76548
₽71269
₽74875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
16 575
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
25 992
Employee
17 531
-
103 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
10 358
-
pensions

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

1 539
-
3 097
-
total
4 291
-
15 465
-
Employer
17 531
-
103 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
89 529
110 500
-
-
income
8 953
11 050
-
-
total
8 953
11 050
-
-
Dividends
80 576
99 450
-
-
withholding
4 029
4 972
-
-
total
4 029
4 972
-
-
Income
110 500
110 500
110 500
110 500
Total tax
20 713
16 022
22 386
25 992
After tax
89 787
94 478
88 114
84 508
Living cost
13 239
13 239
13 239
13 239
Free-cash
76 548
81 239
74 875
71 269

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽2252
₽284
₽6901
₽445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
23 371
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
47 639
Employee
93 563
86 179
94 034
-
health
11 672
11 251
11 699
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
37 629
-
Employer
93 563
86 179
94 034
-
unemployment
3 369
3 102
3 386
-
pensions
6 511
5 998
6 544
-
health
6 502
5 990
6 536
-
total
16 382
15 090
16 466
-
Corporate
556
9 230
-
-
income
111
1 846
-
-
total
111
1 846
-
-
Dividends
445
7 384
-
-
income
94
1 568
-
-
withholding
67
1 107
-
-
total
161
2 675
-
-
Income
110 500
110 500
110 500
110 500
Total tax
54 256
56 792
54 095
47 639
After tax
56 244
53 708
56 405
62 861
Living cost
55 960
55 960
55 960
55 960
Free-cash
284
-2 252
445
6 901

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽51909
₽43287
₽29650
₽31904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
9 497
health
-
-
-
14 917
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 266
total
-
-
-
56 680
Employee
35 544
-
82 463
-
social contributions
2 310
-
5 360
-
health
4 798
-
11 132
-
solidarity contribution
-
-
-
-
income
4 265
-
9 896
-
total
11 373
-
26 388
-
Employer
35 544
-
82 463
-
social contributions
8 886
-
20 616
-
health
3 199
-
7 422
-
total
12 085
-
28 038
-
Corporate
62 871
110 500
-
-
income
11 946
20 995
-
-
total
11 946
20 995
-
-
Dividends
50 926
89 505
-
-
withholding
7 639
13 426
-
-
total
7 639
13 426
-
-
Income
110 500
110 500
110 500
110 500
Total tax
43 043
34 421
54 426
56 680
After tax
67 457
76 079
56 074
53 820
Living cost
24 170
24 170
24 170
24 170
Free-cash
43 287
51 909
31 904
29 650

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽16374
₽11104
₽13459
₽8203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
municipal
-
-
-
657
regional
-
-
-
1 237
national
-
-
-
24 144
social contributions
-
-
-
28 420
total
-
-
-
54 458
Employee
89 689
-
110 500
-
social contributions
30 243
-
37 260
-
regional
846
-
1 084
-
municipal
475
-
586
-
national
15 541
-
20 784
-
total
47 105
-
59 714
-
Employer
89 689
-
110 500
-
total
-
-
-
-
Corporate
20 811
110 500
-
-
nationa
4 995
26 520
-
-
municipal
812
4 309
-
-
total
5 807
30 829
-
-
Dividends
15 005
79 671
-
-
withholding
3 901
20 714
-
-
total
3 901
20 714
-
-
Income
110 500
110 500
110 500
110 500
Total tax
56 813
51 543
59 714
54 458
After tax
53 687
58 957
50 786
56 042
Living cost
42 583
42 583
42 583
42 583
Free-cash
11 104
16 374
8 203
13 459

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽47235
₽44096
₽33262
₽31443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
21 974
pensions
-
-
-
22 100
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 846
surtax
-
-
-
2 819
total
-
-
-
54 969
Employee
33 373
-
91 284
-
other
-
-
-
-
health
852
-
2 329
-
surtax
109
-
2 534
-
income
5 594
-
20 267
-
pensions
2 225
-
6 088
-
unemployment
2 323
-
6 354
-
total
11 103
-
37 572
-
Employer
33 373
-
91 284
-
other
-
-
-
-
unemployment
1 057
-
2 894
-
pensions
4 449
-
12 168
-
health
1 519
-
4 154
-
total
7 025
-
19 216
-
Corporate
70 103
110 500
-
-
income
18 226
28 730
-
-
total
18 226
28 730
-
-
Dividends
51 877
81 770
-
-
withholding
7 781
12 266
-
-
total
7 781
12 266
-
-
Income
110 500
110 500
110 500
110 500
Total tax
44 135
40 996
56 788
54 969
After tax
66 365
69 504
53 712
55 531
Living cost
22 269
22 269
22 269
22 269
Free-cash
44 096
47 235
31 443
33 262

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽33382
₽28553
₽32106
₽22143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
24 372
pensions
-
-
-
7 753
total
-
-
-
32 125
Employee
64 218
-
97 157
-
health
932
-
1 606
-
income
11 566
-
17 733
-
pensions
5 451
-
9 405
-
total
17 949
-
28 744
-
Employer
64 218
-
97 157
-
pensions
6 952
-
11 497
-
health
1 220
-
1 847
-
total
8 172
-
13 344
-
Corporate
38 110
110 500
-
-
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.

7 242
20 995
-
-
total
7 242
20 995
-
-
Dividends
30 869
89 505
-
-
withholding
2 315
9 854
-
-
total
2 315
9 854
-
-
Income
110 500
110 500
110 500
110 500
Total tax
35 678
30 849
42 088
32 125
After tax
74 822
79 651
68 412
78 375
Living cost
46 269
46 269
46 269
46 269
Free-cash
28 553
33 382
22 143
32 106

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽25744
₽6890
₽15483
₽10005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
city
-
-
-
1 166
pensions
-
-
-
10 167
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.

-
-
-
2 210
regional
-
-
-
4 082
health
-
-
-
249
national
-
-
-
870
total
-
-
-
18 744
Employee
89 259
-
98 903
-
city
958
-
1 062
-
regional
2 923
-
3 481
-
health
202
-
223
-
pensions
7 499
-
8 306
-
unemployment
-
-
-
-
national
422
-
642
-
total
12 004
-
13 714
-
Employer
89 259
-
98 903
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 785
-
1 979
-
unemployment
-
-
-
-
pensions
7 499
-
8 306
-
health
202
-
223
-
total
9 486
-
10 508
-
Corporate
10 775
110 500
-
-
regional
2 278
23 370
-
-
national
917
9 393
-
-
total
3 195
32 763
-
-
Dividends
7 580
77 736
-
-
withholding
2 652
27 208
-
-
total
2 652
27 208
-
-
Income
110 500
110 500
110 500
110 500
Total tax
27 337
59 971
24 222
18 744
After tax
83 163
50 529
86 278
91 756
Living cost
76 273
76 273
76 273
76 273
Free-cash
6 890
-25 744
10 005
15 483

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽8474
₽24840
₽20240
₽31145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
trade
-
-
-
10 905
income

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

-
-
-
24 864
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 367
total
-
-
-
44 030
Employee

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

60 649
-
110 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
1 367
-
income

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

7 132
-
24 864
-
total
14 419
-
33 125
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 851
110 500
-
-
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.

412
912
-
-
income
7 478
16 575
-
-
trade
8 549
18 952
-
-
chamber of commerce
224
308
-
-
total
16 663
36 747
-
-
Dividends
33 188
73 753
-
-
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.

435
994
-
-
withholding
7 913
18 055
-
-
total
8 348
19 049
-
-
Income
110 500
110 500
110 500
110 500
Total tax
39 430
55 796
33 125
44 030
After tax
71 070
54 704
77 375
66 470
Living cost
46 230
46 230
46 230
46 230
Free-cash
24 840
8 474
31 145
20 240

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽21164
₽27127
₽28833
₽33625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
11 879
pensions
-
-
-
26 115
other
-
-
-
3 426
health
-
-
-
2 572
surtax
-
-
-
-
social contributions
-
-
-
3 148
total
-
-
-
47 140
Employee
43 191
-
89 174
-
social contributions
1 231
-
2 541
-
surtax
-
-
-
-
income
2 549
-
13 890
-
pensions
4 883
-
4 592
-
total
8 663
-
21 023
-
Employer
43 191
-
89 174
-
other
1 490
-
3 076
-
social contributions
130
-
268
-
unemployment
1 748
-
3 612
-
pensions
7 095
-
8 021
-
health
3 024
-
6 348
-
total
13 487
-
21 325
-
Corporate
53 821
110 500
-
-
surtax
-
-
-
-
income
15 070
30 940
-
-
total
15 070
30 940
-
-
Dividends
38 751
79 560
-
-
surtax
-
-
-
-
social contributions
6 666
13 685
-
-
withholding
4 960
10 184
-
-
total
11 626
23 869
-
-
Income
110 500
110 500
110 500
110 500
Total tax
48 846
54 809
42 348
47 140
After tax
61 654
55 691
68 152
63 360
Living cost
34 527
34 527
34 527
34 527
Free-cash
27 127
21 164
33 625
28 833

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽24585
₽30192
₽32254
₽37046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
11 879
pensions
-
-
-
26 115
other
-
-
-
3 426
health
-
-
-
2 572
surtax
-
-
-
-
social contributions
-
-
-
3 148
total
-
-
-
47 140
Employee
38 554
-
89 174
-
social contributions
1 099
-
2 541
-
surtax
-
-
-
-
income
1 988
-
13 890
-
pensions
4 361
-
4 592
-
total
7 448
-
21 023
-
Employer
38 554
-
89 174
-
other
1 331
-
3 076
-
social contributions
115
-
268
-
unemployment
1 561
-
3 612
-
pensions
6 335
-
8 021
-
health
2 698
-
6 348
-
total
12 040
-
21 325
-
Corporate
59 906
110 500
-
-
surtax
-
-
-
-
income
16 774
30 940
-
-
total
16 774
30 940
-
-
Dividends
43 132
79 560
-
-
surtax
-
-
-
-
social contributions
7 419
13 685
-
-
withholding
5 521
10 184
-
-
total
12 940
23 869
-
-
Income
110 500
110 500
110 500
110 500
Total tax
49 202
54 809
42 348
47 140
After tax
61 298
55 691
68 152
63 360
Living cost
31 106
31 106
31 106
31 106
Free-cash
30 192
24 585
37 046
32 254

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽46017
₽46539
₽49564
₽49261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
16 575
health
-
-
-
7 712
social contributions
-
-
-
15 250
total
-
-
-
39 537
Employee
34 217
-
110 500
-
social contributions
4 723
-
15 250
-
health
2 388
-
7 712
-
income
5 707
-
16 878
-
total
12 818
-
39 840
-
Employer
34 217
-
110 500
-
total
-
-
-
-
Corporate
76 283
110 500
-
-
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%.

3 815
5 525
-
-
total
3 815
5 525
-
-
Dividends
72 468
104 975
-
-
health
5 058
7 327
-
-
social contributions
10 001
14 486
-
-
withholding
10 870
15 746
-
-
total
25 929
37 559
-
-
Income
110 500
110 500
110 500
110 500
Total tax
42 562
43 084
39 840
39 537
After tax
67 938
67 416
70 660
70 963
Living cost
21 399
21 399
21 399
21 399
Free-cash
46 539
46 017
49 261
49 564

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽26223
₽24663
₽19606
-₽3269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
chamber of commerce
-
-
-
442
income
-
-
-
19 609
pensions
-
-
-
20 442
unemployment
-
-
-
6 190
health
-
-
-
8 453
surtax
-
-
-
199
total
-
-
-
55 335
Employee
50 434
40 217
85 650
-
other
504
402
856
-
health
1 951
1 557
3 315
-
income
5 741
2 966
17 393
-
pensions
5 165
4 117
8 771
-
unemployment
1 513
1 207
2 570
-
total
14 874
10 249
32 905
-
Employer
50 434
40 217
85 650
-
accident
655
523
1 113
-
other
2 396
1 909
4 068
-
chamber of commerce
201
161
343
-
unemployment
1 513
1 207
2 570
-
surtax
199
199
199
-
pensions
6 329
5 048
10 749
-
payroll
1 513
1 207
2 570
-
health
1 906
1 521
3 238
-
total
14 712
11 775
24 850
-
Corporate
45 355
58 509
81 820
-
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.

11 339
14 627
20 455
-
total
11 339
14 627
20 455
-
Dividends
34 015
43 882
-
-
withholding
9 353
12 067
-
-
total
9 353
12 067
-
-
Income
110 500
110 500
110 500
110 500
Total tax
50 278
48 718
78 210
55 335
After tax
60 222
61 782
32 290
55 165
Living cost
35 559
35 559
35 559
35 559
Free-cash
24 663
26 223
-3 269
19 606

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽25142
₽10008
₽13934
₽5704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
national
-
-
-
36 450
communal

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

-
-
-
5 565
social contributions
-
-
-
17 755
total
-
-
-
59 770
Employee

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

72 186
-
85 587
-
communal

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

3 765
-
4 464
-
health

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

3 392
-
4 024
-
pensions

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

5 414
-
6 419
-
unemployment

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

628
-
745
-
national
22 193
-
27 433
-
total
35 392
-
43 085
-
Employer

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

72 186
-
85 587
-
accident

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

938
-
1 113
-
unemployment

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

1 053
-
1 249
-
surtax
8 185
-
9 706
-
pensions

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

6 396
-
7 584
-
health

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

4 439
-
5 263
-
total
21 011
-
24 915
-
Corporate
17 301
110 500
-
-
surtax
69
442
-
-
income
3 461
22 100
-
-
total
3 530
22 542
-
-
Dividends
13 772
87 958
-
-
withholding

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

3 763
26 020
-
-
total
3 763
26 020
-
-
Income
110 500
110 500
110 500
110 500
Total tax
63 696
48 562
68 000
59 770
After tax
46 804
61 938
42 500
50 730
Living cost
36 796
36 796
36 796
36 796
Free-cash
10 008
25 142
5 704
13 934

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽37986
₽29947
₽23723
₽21224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
accident
-
-
-
843
income
-
-
-
22 270
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
50 332
Employee
50 234
-
83 788
-
other
50
-
84
-
income
10 599
-
20 801
-
pensions
2 361
-
3 937
-
unemployment
779
-
1 298
-
total
13 789
-
26 120
-
Employer
50 234
-
83 788
-
accident
994
-
1 658
-
other
400
-
672
-
unemployment
2 763
-
4 608
-
pensions
11 854
-
19 773
-
total
16 011
-
26 711
-
Corporate
44 254
110 500
-
-
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.

6 638
16 575
-
-
total
6 638
16 575
-
-
Dividends
37 616
93 925
-
-
withholding
7 670
19 494
-
-
total
7 670
19 494
-
-
Income
110 500
110 500
110 500
110 500
Total tax
44 108
36 069
52 831
50 332
After tax
66 392
74 431
57 669
60 168
Living cost
36 445
36 445
36 445
36 445
Free-cash
29 947
37 986
21 224
23 723

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽12446
₽5105
₽7062
₽11710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
accident
-
-
-
931
income
-
-
-
10 876
pensions
-
-
-
16 562
health
-
-
-
7 764
surtax
-
-
-
5 479
communal
-
-
-
6 984
total
-
-
-
48 596
Employee
76 423
-
98 705
-
health
3 401
-
4 393
-
surtax
4 684
-
6 050
-
income
7 382
-
13 813
-
pensions
6 113
-
7 896
-
total
21 580
-
32 152
-
Employer
76 423
-
98 705
-
accident
688
-
889
-
pensions
6 113
-
7 896
-
health
2 331
-
3 011
-
total
9 132
-
11 796
-
Corporate
24 945
110 500
-
-
surtax
262
1 161
-
-
communal
-
7 459
-
-
income
3 742
16 575
-
-
total
4 004
25 195
-
-
Dividends
20 941
85 305
-
-
income
12 696
5 220
-
-
withholding
3 141
12 797
-
-
total
15 837
18 017
-
-
Income
110 500
110 500
110 500
110 500
Total tax
50 553
43 212
43 948
48 596
After tax
59 947
67 288
66 552
61 904
Living cost
54 842
54 842
54 842
54 842
Free-cash
5 105
12 446
11 710
7 062

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽46837
₽43628
₽32864
₽31045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
21 974
pensions
-
-
-
22 100
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 846
surtax
-
-
-
2 819
total
-
-
-
54 969
Employee
33 985
-
91 284
-
other
-
-
-
-
health
868
-
2 329
-
surtax
121
-
2 534
-
income
5 697
-
20 267
-
pensions
2 267
-
6 088
-
unemployment
2 365
-
6 354
-
total
11 318
-
37 572
-
Employer
33 985
-
91 284
-
other
-
-
-
-
unemployment
1 078
-
2 894
-
pensions
4 531
-
12 168
-
health
1 545
-
4 154
-
total
7 154
-
19 216
-
Corporate
69 360
110 500
-
-
income
18 034
28 730
-
-
total
18 034
28 730
-
-
Dividends
51 326
81 770
-
-
withholding
7 699
12 266
-
-
total
7 699
12 266
-
-
Income
110 500
110 500
110 500
110 500
Total tax
44 205
40 996
56 788
54 969
After tax
66 295
69 504
53 712
55 531
Living cost
22 667
22 667
22 667
22 667
Free-cash
43 628
46 837
31 045
32 864

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽30896
₽28654
₽28427
₽23198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
municipal
-
-
-
657
regional
-
-
-
1 667
national
-
-
-
24 144
social contributions
-
-
-
28 420
total
-
-
-
54 888
Employee
55 980
-
110 500
-
social contributions
18 877
-
37 260
-
regional
754
-
1 487
-
municipal
297
-
586
-
national
8 869
-
20 784
-
total
28 797
-
60 117
-
Employer
55 980
-
110 500
-
total
-
-
-
-
Corporate
54 520
110 500
-
-
nationa
13 084
26 520
-
-
municipal
2 710
5 492
-
-
total
15 794
32 012
-
-
Dividends
38 726
78 487
-
-
withholding
10 070
20 407
-
-
total
10 070
20 407
-
-
Income
110 500
110 500
110 500
110 500
Total tax
54 661
52 419
60 117
54 888
After tax
55 839
58 081
50 383
55 612
Living cost
27 185
27 185
27 185
27 185
Free-cash
28 654
30 896
23 198
28 427

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽46296
₽35670
₽24037
₽26291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
9 497
health
-
-
-
14 917
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 266
total
-
-
-
56 680
Employee
43 799
-
82 463
-
social contributions
2 847
-
5 360
-
health
5 913
-
11 132
-
solidarity contribution
-
-
-
-
income
5 256
-
9 896
-
total
14 016
-
26 388
-
Employer
43 799
-
82 463
-
social contributions
10 950
-
20 616
-
health
3 942
-
7 422
-
total
14 892
-
28 038
-
Corporate
51 809
110 500
-
-
income
9 844
20 995
-
-
total
9 844
20 995
-
-
Dividends
41 965
89 505
-
-
withholding
6 295
13 426
-
-
total
6 295
13 426
-
-
Income
110 500
110 500
110 500
110 500
Total tax
45 047
34 421
54 426
56 680
After tax
65 453
76 079
56 074
53 820
Living cost
29 783
29 783
29 783
29 783
Free-cash
35 670
46 296
26 291
24 037

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽29693
₽29196
₽23168
₽130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
chamber of commerce
-
-
-
442
income
-
-
-
19 609
pensions
-
-
-
20 442
unemployment
-
-
-
6 190
health
-
-
-
8 453
surtax
-
-
-
-
total
-
-
-
55 136
Employee
44 114
40 217
85 807
-
other
440
402
858
-
health
1 706
1 557
3 321
-
income
3 930
2 966
17 448
-
pensions
4 518
4 117
8 786
-
unemployment
1 323
1 207
2 574
-
total
11 917
10 249
32 987
-
Employer
44 114
40 217
85 807
-
accident
573
523
1 115
-
other
2 095
1 909
4 075
-
chamber of commerce
176
161
343
-
unemployment
1 323
1 207
2 574
-
surtax
-
-
-
-
pensions
5 537
5 048
10 769
-
payroll
1 323
1 207
2 574
-
health
1 668
1 521
3 244
-
total
12 695
11 576
24 694
-
Corporate
53 691
58 708
81 977
-
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.

13 423
14 677
20 493
-
total
13 423
14 677
20 493
-
Dividends
40 268
44 031
-
-
withholding
11 073
12 109
-
-
total
11 073
12 109
-
-
Income
110 500
110 500
110 500
110 500
Total tax
49 108
48 611
78 174
55 136
After tax
61 392
61 889
32 326
55 364
Living cost
32 196
32 196
32 196
32 196
Free-cash
29 196
29 693
130
23 168

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽90826
₽88174
₽95246
₽74251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
110 500
microenterprise

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

-
-
-
1 105
total
-
-
-
1 105
Employee
17 686
-
110 500
-
income
3 537
-
22 100
-
total
3 537
-
22 100
-
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%.

92 814
110 500
-
-
total
-
-
-
-
Dividends
92 814
110 500
-
-
withholding
4 640
5 525
-
-
total
4 640
5 525
-
-
Income
110 500
110 500
110 500
110 500
Total tax
8 177
5 525
22 100
1 105
After tax
102 323
104 975
88 400
109 395
Living cost
14 149
14 149
14 149
14 149
Free-cash
88 174
90 826
74 251
95 246

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽49010
₽40569
₽29682
₽26516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
income
-
-
-
22 530
pensions
-
-
-
20 179
unemployment
-
-
-
167
health
-
-
-
10 874
total
-
-
-
53 750
Employee

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

44 626
-
95 612
-
health
2 882
-
6 176
-
income
7 696
-
20 901
-
pensions
6 917
-
14 819
-
unemployment
63
-
134
-
total
17 558
-
42 030
-
Employer

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

44 626
-
95 612
-
unemployment
27
-
57
-
pensions
3 949
-
8 461
-
health
2 972
-
6 368
-
total
6 948
-
14 886
-
Corporate
58 926
110 500
-
-
income
11 196
20 995
-
-
total
11 196
20 995
-
-
Dividends
47 731
89 505
-
-
withholding
7 161
13 427
-
-
total
7 161
13 427
-
-
Income
110 500
110 500
110 500
110 500
Total tax
42 863
34 422
56 916
53 750
After tax
67 637
76 078
53 584
56 750
Living cost
27 068
27 068
27 068
27 068
Free-cash
40 569
49 010
26 516
29 682

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽23648
-₽40094
₽32784
₽53633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
21 539
social contributions
-
-
-
12 597
total
-
-
-
34 136
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
110 500
-
-
income
-
24 310
-
-
total
-
24 310
-
-
Dividends
-
86 190
-
-
income
-
18 962
-
-
total
-
18 962
-
-
Income
110 500
110 500
110 500
110 500
Total tax
107 014
43 272
13 287
34 136
After tax
3 486
67 228
97 213
76 364
Living cost
43 580
43 580
43 580
43 580
Free-cash
-40 094
23 648
53 633
32 784

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽31199
₽30181
₽29684
₽23463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
income
-
-
-
10 763
surtax
-
-
-
-
social contributions

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

-
-
-
38 399
total
-
-
-
49 162
Employee
46 414
-
89 292
-
social contributions
5 106
-
9 822
-
surtax
-
-
-
-
income
9 654
-
24 353
-
total
14 760
-
34 175
-
Employer
46 414
-
89 292
-
social contributions
11 023
-
21 208
-
total
11 023
-
21 208
-
Corporate
53 063
110 500
-
-
surtax
-
-
-
-
income
11 144
23 205
-
-
total
11 144
23 205
-
-
Dividends
41 919
87 295
-
-
withholding
11 738
24 442
-
-
total
11 738
24 442
-
-
Income
110 500
110 500
110 500
110 500
Total tax
48 665
47 647
55 383
49 162
After tax
61 835
62 853
55 117
61 338
Living cost
31 654
31 654
31 654
31 654
Free-cash
30 181
31 199
23 463
29 684

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽6949
₽13888
₽14618
₽19410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
11 879
pensions
-
-
-
26 115
other
-
-
-
3 426
health
-
-
-
2 572
surtax
-
-
-
-
social contributions
-
-
-
3 148
total
-
-
-
47 140
Employee
63 206
-
89 174
-
social contributions
1 800
-
2 541
-
surtax
-
-
-
-
income
5 515
-
13 890
-
pensions
7 149
-
4 592
-
total
14 464
-
21 023
-
Employer
63 206
-
89 174
-
other
2 181
-
3 076
-
social contributions
190
-
268
-
unemployment
2 560
-
3 612
-
pensions
10 386
-
8 021
-
health
4 424
-
6 348
-
total
19 741
-
21 325
-
Corporate
27 553
110 500
-
-
surtax
-
-
-
-
income
7 714
30 940
-
-
total
7 714
30 940
-
-
Dividends
19 839
79 560
-
-
surtax
-
-
-
-
social contributions
3 413
13 685
-
-
withholding
2 539
10 184
-
-
total
5 952
23 869
-
-
Income
110 500
110 500
110 500
110 500
Total tax
47 871
54 809
42 348
47 140
After tax
62 629
55 691
68 152
63 360
Living cost
48 742
48 742
48 742
48 742
Free-cash
13 888
6 949
19 410
14 618

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽69115
₽65725
₽53363
₽56301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
2 492
social contributions
-
-
-
24 310
total
-
-
-
26 802
Employee
32 444
-
95 671
-
income
-
-
2 817
-
social contributions
2 109
-
6 218
-
total
2 109
-
9 035
-
Employer
32 444
-
95 671
-
social contributions
5 029
-
14 829
-
total
5 029
-
14 829
-
Corporate
73 027
110 500
-
-
income
7 302
11 050
-
-
total
7 302
11 050
-
-
Dividends
65 725
99 450
-
-
total
-
-
-
-
Income
110 500
110 500
110 500
110 500
Total tax
14 440
11 050
23 864
26 802
After tax
96 060
99 450
86 636
83 698
Living cost
30 335
30 335
30 335
30 335
Free-cash
65 725
69 115
56 301
53 363

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽109471
-₽109471
₽19349
-₽109471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
municipal
-
-
-
21 018
pensions
-
-
-
875
national
-
-
-
11 865
labour market
-
-
-
8 770
total
-
-
-
42 528
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
110 500
110 500
110 500
110 500
Total tax
171 348
171 348
171 348
42 528
After tax
-60 848
-60 848
-60 848
67 972
Living cost
48 623
48 623
48 623
48 623
Free-cash
-109 471
-109 471
-109 471
19 349

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽12793
₽5616
₽54033
₽35953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
accident
-
-
-
253
income
-
-
-
27 737
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
34 724
Employee
34 203
-
95 513
-
health
3 917
-
10 936
-
income
4 692
-
19 228
-
pensions
3 852
-
7 653
-
total
12 461
-
37 817
-
Employer
34 203
-
95 513
-
accident
571
-
1 595
-
unemployment
838
-
2 340
-
pensions
5 561
-
11 052
-
total
6 970
-
14 987
-
Corporate
69 326
110 500
-
-
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.

62 393
99 450
-
-
total
62 393
99 450
-
-
Dividends
6 933
11 050
-
-
withholding
1 317
2 100
-
-
total
1 317
2 100
-
-
Income
110 500
110 500
110 500
110 500
Total tax
83 141
101 550
52 804
34 724
After tax
27 359
8 950
57 696
75 776
Living cost
21 743
21 743
21 743
21 743
Free-cash
5 616
-12 793
35 953
54 033

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽33993
₽32792
₽38648
₽23498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
110 500
municipal
-
-
-
19 660
health
-
-
-
1 281
national
-
-
-
12 166
total
-
-
-
33 107
Employee
53 094
-
92 956
-
health
396
-
1 011
-
municipal
8 696
-
15 169
-
pensions
3 583
-
6 274
-
unemployment
797
-
1 394
-
national
877
-
6 867
-
total
14 349
-
30 715
-
Employer
53 094
-
92 956
-
accident
54
-
94
-
unemployment
345
-
605
-
pensions
9 212
-
16 127
-
health
408
-
716
-
total
10 019
-
17 542
-
Corporate
47 388
110 500
-
-
income
9 478
22 100
-
-
total
9 478
22 100
-
-
Dividends

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

28 432
66 300
-
-
national
-
3 727
-
-
municipal
5 117
11 935
-
-
total
5 117
15 662
-
-
Income
110 500
110 500
110 500
110 500
Total tax
38 963
37 762
48 257
33 107
After tax
71 537
72 738
62 243
77 393
Living cost
38 745
38 745
38 745
38 745
Free-cash
32 792
33 993
23 498
38 648

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽57467
₽51973
₽54353
₽53603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
13 637
health
-
-
-
2 817
social contributions
-
-
-
16 328
total
-
-
-
32 782
Employee
77 600
77 600
100 317
-
social contributions
2 934
6 440
8 327
-
health
601
1 319
1 706
-
income
8 449
7 183
13 316
-
total
11 984
14 942
23 349
-
Employer
77 600
77 600
100 317
-
social contributions
2 934
6 440
8 327
-
health
653
1 436
1 856
-
total
3 587
7 876
10 183
-
Corporate
71 563
25 023
-
-
income
8 945
3 127
-
-
total
8 945
3 127
-
-
Dividends
62 618
21 896
-
-
withholding
10 646
3 723
-
-
total
10 646
3 723
-
-
Income
110 500
110 500
110 500
110 500
Total tax
35 162
29 668
33 532
32 782
After tax
75 338
80 832
76 968
77 718
Living cost
23 365
23 365
23 365
23 365
Free-cash
51 973
57 467
53 603
54 353

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽75481
₽70347
₽73689
₽53449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
110 500
income
-
-
-
10 688
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
20 788
Employee

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

23 164
-
100 637
-
health
1 969
-
8 139
-
income
1 584
-
8 185
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
31 166
-
Employer

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

23 164
-
100 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
84 952
110 500
-
-
income
7 645
9 945
-
-
total
7 645
9 945
-
-
Dividends
77 307
100 555
-
-
withholding
6 958
9 051
-
-
total
6 958
9 051
-
-
Income
110 500
110 500
110 500
110 500
Total tax
24 130
18 996
41 028
20 788
After tax
86 370
91 504
69 472
89 712
Living cost
16 023
16 023
16 023
16 023
Free-cash
70 347
75 481
53 449
73 689

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽46680
₽41387
₽32417
₽29918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
accident
-
-
-
843
income
-
-
-
22 270
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
50 332
Employee
37 315
-
83 788
-
other
36
-
84
-
income
7 194
-
20 801
-
pensions
1 754
-
3 937
-
unemployment
578
-
1 298
-
total
9 562
-
26 120
-
Employer
37 315
-
83 788
-
accident
739
-
1 658
-
other
299
-
672
-
unemployment
2 053
-
4 608
-
pensions
8 806
-
19 773
-
total
11 897
-
26 711
-
Corporate
61 289
110 500
-
-
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.

9 192
16 575
-
-
total
9 192
16 575
-
-
Dividends
52 096
93 925
-
-
withholding
10 711
19 494
-
-
total
10 711
19 494
-
-
Income
110 500
110 500
110 500
110 500
Total tax
41 362
36 069
52 831
50 332
After tax
69 138
74 431
57 669
60 168
Living cost
27 751
27 751
27 751
27 751
Free-cash
41 387
46 680
29 918
32 417

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽66196
₽65742
₽67451
₽67253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
36 826
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
40 293
Employee
4 198
-
108 238
-
health
210
-
503
-
income
812
-
36 720
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
38 229
-
Employer
4 198
-
108 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
105 358
110 500
-
-
income
23 179
24 310
-
-
total
23 179
24 310
-
-
Dividends
82 179
86 190
-
-
withholding
16 436
17 238
-
-
total
16 436
17 238
-
-
Income
110 500
110 500
110 500
110 500
Total tax
42 002
41 548
40 491
40 293
After tax
68 498
68 952
70 009
70 207
Living cost
2 756
2 756
2 756
2 756
Free-cash
65 742
66 196
67 253
67 451

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽62383
₽57419
₽42164
₽42165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
income
-
-
-
22 690
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
50 883
Employee

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

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

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

26 319
-
97 149
-
health
1 355
-
3 841
-
income
3 628
-
22 690
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
37 532
-
Employer

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

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

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

26 319
-
97 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
79 470
110 500
-
-
income
11 921
16 575
-
-
total
11 921
16 575
-
-
Dividends
67 550
93 925
-
-
withholding
10 132
14 089
-
-
total
10 132
14 089
-
-
Income
110 500
110 500
110 500
110 500
Total tax
35 628
30 664
50 882
50 883
After tax
74 872
79 836
59 618
59 617
Living cost
17 453
17 453
17 453
17 453
Free-cash
57 419
62 383
42 165
42 164

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽35647
₽35282
₽34132
₽27911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
income
-
-
-
10 763
surtax
-
-
-
-
social contributions

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

-
-
-
38 399
total
-
-
-
49 162
Employee
39 168
-
89 292
-
social contributions
4 309
-
9 822
-
surtax
-
-
-
-
income
7 653
-
24 353
-
total
11 962
-
34 175
-
Employer
39 168
-
89 292
-
social contributions
9 302
-
21 208
-
total
9 302
-
21 208
-
Corporate
62 030
110 500
-
-
surtax
-
-
-
-
income
13 026
23 205
-
-
total
13 026
23 205
-
-
Dividends
49 004
87 295
-
-
withholding
13 722
24 442
-
-
total
13 722
24 442
-
-
Income
110 500
110 500
110 500
110 500
Total tax
48 012
47 647
55 383
49 162
After tax
62 488
62 853
55 117
61 338
Living cost
27 206
27 206
27 206
27 206
Free-cash
35 282
35 647
27 911
34 132

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽38964
₽31268
₽24701
₽22202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
accident
-
-
-
843
income
-
-
-
22 270
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
50 332
Employee
48 738
-
83 788
-
other
48
-
84
-
income
10 180
-
20 801
-
pensions
2 290
-
3 937
-
unemployment
755
-
1 298
-
total
13 273
-
26 120
-
Employer
48 738
-
83 788
-
accident
965
-
1 658
-
other
391
-
672
-
unemployment
2 681
-
4 608
-
pensions
11 502
-
19 773
-
total
15 539
-
26 711
-
Corporate
46 223
110 500
-
-
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.

6 933
16 575
-
-
total
6 933
16 575
-
-
Dividends
39 290
93 925
-
-
withholding
8 020
19 494
-
-
total
8 020
19 494
-
-
Income
110 500
110 500
110 500
110 500
Total tax
43 765
36 069
52 831
50 332
After tax
66 735
74 431
57 669
60 168
Living cost
35 467
35 467
35 467
35 467
Free-cash
31 268
38 964
22 202
24 701

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽77107
₽70953
₽67137
₽70743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
16 575
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
25 992
Employee
23 001
-
103 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
10 358
-
pensions

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

2 019
-
3 097
-
total
5 630
-
15 465
-
Employer
23 001
-
103 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
82 986
110 500
-
-
income
8 299
11 050
-
-
total
8 299
11 050
-
-
Dividends
74 687
99 450
-
-
withholding
3 734
4 972
-
-
total
3 734
4 972
-
-
Income
110 500
110 500
110 500
110 500
Total tax
22 176
16 022
22 386
25 992
After tax
88 324
94 478
88 114
84 508
Living cost
17 370
17 370
17 370
17 370
Free-cash
70 953
77 107
70 743
67 137

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽18016
₽31220
₽29291
₽38414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
trade
-
-
-
9 123
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.

-
-
-
24 864
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 367
total
-
-
-
42 248
Employee

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

50 212
-
110 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
1 367
-
income

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

4 129
-
24 864
-
total
11 251
-
33 125
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 288
110 500
-
-
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.

498
912
-
-
income
9 043
16 575
-
-
trade
8 650
15 857
-
-
chamber of commerce
241
316
-
-
total
18 432
33 660
-
-
Dividends
41 855
76 840
-
-
surtax

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

555
1 036
-
-
withholding
10 081
18 827
-
-
total
10 636
19 863
-
-
Income
110 500
110 500
110 500
110 500
Total tax
40 319
53 523
33 125
42 248
After tax
70 181
56 977
77 375
68 252
Living cost
38 961
38 961
38 961
38 961
Free-cash
31 220
18 016
38 414
29 291

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽19862
₽22091
₽15465
₽15465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
27 520
social contributions
-
-
-
10 028
total
-
-
-
37 548
Employee
78 939
-
110 500
-
income
14 896
-
27 520
-
social contributions
6 558
-
10 028
-
total
21 454
-
37 548
-
Employer
78 939
-
110 500
-
total
-
-
-
-
Corporate
31 561
110 500
-
-
income
3 945
13 812
-
-
total
3 945
13 812
-
-
Dividends
27 615
96 688
-
-
withholding
5 523
19 339
-
-
total
5 523
19 339
-
-
Income
110 500
110 500
110 500
110 500
Total tax
30 922
33 151
37 548
37 548
After tax
79 578
77 349
72 952
72 952
Living cost
57 487
57 487
57 487
57 487
Free-cash
22 091
19 862
15 465
15 465

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽29860
₽33388
₽38400
₽44670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
105 858
-
income
5 023
-
19 913
-
social contributions
4 638
-
4 642
-
total
9 661
-
24 555
-
Employer
46 295
-
105 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
59 567
110 500
-
-
income
20 848
38 675
-
-
total
20 848
38 675
-
-
Dividends
38 719
71 825
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
110 500
110 500
110 500
110 500
Total tax
40 479
44 007
29 197
35 467
After tax
70 021
66 493
81 303
75 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
33 388
29 860
44 670
38 400

Estimated living cost  is ₽36633 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽42036
₽39462
₽40760
₽30797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
income
-
-
-
24 372
pensions
-
-
-
7 753
total
-
-
-
32 125
Employee
51 632
-
97 157
-
health
674
-
1 606
-
income
9 403
-
17 733
-
pensions
3 941
-
9 405
-
total
14 018
-
28 744
-
Employer
51 632
-
97 157
-
pensions
5 217
-
11 497
-
health
981
-
1 847
-
total
6 198
-
13 344
-
Corporate
52 670
110 500
-
-
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.

10 007
20 995
-
-
total
10 007
20 995
-
-
Dividends
42 663
89 505
-
-
withholding
3 200
9 854
-
-
total
3 200
9 854
-
-
Income
110 500
110 500
110 500
110 500
Total tax
33 423
30 849
42 088
32 125
After tax
77 077
79 651
68 412
78 375
Living cost
37 615
37 615
37 615
37 615
Free-cash
39 462
42 036
30 797
40 760

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽14946
₽5283
₽51880
₽33800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
accident
-
-
-
253
income
-
-
-
27 737
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
34 724
Employee
37 589
-
95 513
-
health
4 304
-
10 936
-
income
5 157
-
19 228
-
pensions
4 233
-
7 653
-
total
13 694
-
37 817
-
Employer
37 589
-
95 513
-
accident
628
-
1 595
-
unemployment
921
-
2 340
-
pensions
6 112
-
11 052
-
total
7 661
-
14 987
-
Corporate
65 251
110 500
-
-
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.

58 726
99 450
-
-
total
58 726
99 450
-
-
Dividends
6 525
11 050
-
-
withholding
1 240
2 100
-
-
total
1 240
2 100
-
-
Income
110 500
110 500
110 500
110 500
Total tax
81 321
101 550
52 804
34 724
After tax
29 179
8 950
57 696
75 776
Living cost
23 896
23 896
23 896
23 896
Free-cash
5 283
-14 946
33 800
51 880

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽79355
₽75386
₽49281
₽57478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
110 500
work injury
-
-
-
552
health insurance
-
-
-
8 177
income
-
-
-
17 201
pensions
-
-
-
20 332
unemployment
-
-
-
1 326
total
-
-
-
47 588
Employee

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

21 810
-
110 500
-
work injury
109
-
403
-
income
2 181
-
17 201
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
39 391
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 690
110 500
-
-
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%.

-
1 105
-
-
total
-
1 105
-
-
Dividends
88 690
109 395
-
-
withholding
13 304
16 409
-
-
total
13 304
16 409
-
-
Income
110 500
110 500
110 500
110 500
Total tax
21 483
17 514
39 391
47 588
After tax
89 017
92 986
71 109
62 912
Living cost
13 631
13 631
13 631
13 631
Free-cash
75 386
79 355
57 478
49 281

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽18002
₽13410
₽14699
₽9646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
110 500
municipal
-
-
-
739
regional
-
-
-
2 295
national
-
-
-
24 144
social contributions
-
-
-
28 420
total
-
-
-
55 598
Employee
85 039
-
110 500
-
social contributions
28 675
-
37 260
-
regional
1 284
-
1 948
-
municipal
507
-
659
-
national
14 371
-
20 784
-
total
44 837
-
60 651
-
Employer
85 039
-
110 500
-
total
-
-
-
-
Corporate
25 461
110 500
-
-
nationa
6 111
26 520
-
-
municipal
1 228
5 326
-
-
total
7 339
31 846
-
-
Dividends
18 123
78 654
-
-
withholding
4 711
20 449
-
-
total
4 711
20 449
-
-
Income
110 500
110 500
110 500
110 500
Total tax
56 887
52 295
60 651
55 598
After tax
53 613
58 205
49 849
54 902
Living cost
40 203
40 203
40 203
40 203
Free-cash
13 410
18 002
9 646
14 699

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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