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
₽ 111500
per

Your estimated
City
free-cash

Dresden , Germany
₽25921
₽37032
₽37241
₽47446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
trade
-
-
-
10 205
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.

-
-
-
25 374
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.

-
-
-
6 862
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.

-
-
-
1 395
total
-
-
-
43 836
Employee

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

38 418
-
111 500
-
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.

6 862
-
6 862
-
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
-
1 395
-
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.

1 073
-
25 374
-
total
7 994
-
33 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 082
111 500
-
-
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.

602
921
-
-
income
10 962
16 724
-
-
trade
11 511
17 561
-
-
chamber of commerce
257
313
-
-
total
23 332
35 519
-
-
Dividends
49 750
75 982
-
-
surtax

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

663
1 024
-
-
withholding
12 056
18 613
-
-
total
12 719
19 637
-
-
Income
111 500
111 500
111 500
111 500
Total tax
44 045
55 156
33 631
43 836
After tax
67 455
56 344
77 869
67 664
Living cost
30 423
30 423
30 423
30 423
Free-cash
37 032
25 921
47 446
37 241

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18893
₽18050
₽16262
₽17137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
municipal
-
-
-
11 757
pensions
-
-
-
13 380
national
-
-
-
18 219
social contributions
-
-
-
1 199
total
-
-
-
44 555
Employee
78 568
-
96 391
-
municipal
9 704
-
12 189
-
pensions
3 143
-
3 856
-
national
15 038
-
18 888
-
total
27 885
-
34 933
-
Employer
78 568
-
96 391
-
social contributions
845
-
1 036
-
pensions
6 285
-
7 711
-
total
7 130
-
8 747
-
Corporate
20 617
111 500
-
-
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%.

4 123
22 300
-
-
total
4 123
22 300
-
-
Dividends
16 493
89 200
-
-
withholding
3 629
19 624
-
-
total
3 629
19 624
-
-
Income
111 500
111 500
111 500
111 500
Total tax
42 767
41 924
43 680
44 555
After tax
68 733
69 576
67 820
66 945
Living cost
50 683
50 683
50 683
50 683
Free-cash
18 050
18 893
17 137
16 262

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68303
₽60063
₽38498
₽41824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
microenterprise
-
-
-
-
income
-
-
-
16 257
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.

-
-
-
35 848
total
-
-
-
52 105
Employee
29 350
-
89 854
-
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.

3 229
-
9 883
-
surtax
-
-
-
-
income
5 225
-
17 250
-
total
8 454
-
27 133
-
Employer
29 350
-
89 854
-
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.

7 070
-
21 646
-
surtax
-
-
-
-
total
7 070
-
21 646
-
Corporate
75 080
111 500
-
-
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%.

15 016
22 300
-
-
total
15 016
22 300
-
-
Dividends

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

60 064
89 200
-
-
total
-
-
-
-
Income
111 500
111 500
111 500
111 500
Total tax
30 540
22 300
48 779
52 105
After tax
80 960
89 200
62 721
59 395
Living cost
20 897
20 897
20 897
20 897
Free-cash
60 063
68 303
41 824
38 498

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12151
₽5996
₽21428
₽15282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
23 841
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
47 995
Employee
85 775
85 775
94 884
-
health
13 165
11 198
11 717
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
37 525
-
Employer
85 775
85 775
94 884
-
unemployment
3 088
3 088
3 416
-
pensions
5 970
5 970
6 605
-
health
5 962
5 962
6 595
-
total
15 020
15 020
16 616
-
Corporate
11 757
10 705
-
-
income
2 352
2 141
-
-
total
2 352
2 141
-
-
Dividends
9 405
8 565
-
-
income
2 000
1 820
-
-
withholding
1 411
1 285
-
-
total
3 411
3 105
-
-
Income
111 500
111 500
111 500
111 500
Total tax
63 427
57 272
54 141
47 995
After tax
48 073
54 228
57 359
63 505
Living cost
42 077
42 077
42 077
42 077
Free-cash
5 996
12 151
15 282
21 428

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽21918
₽21044
₽20701
₽19737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
municipal
-
-
-
25 873
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
1 228
total
-
-
-
51 838
Employee
55 516
-
84 842
-
municipal
16 555
-
25 300
-
national
-
-
844
-
total
16 555
-
26 144
-
Employer
55 516
-
84 842
-
accident
111
-
170
-
other
6 451
-
9 859
-
unemployment
1 466
-
2 240
-
pensions
6 001
-
9 171
-
health
3 414
-
5 218
-
total
17 443
-
26 658
-
Corporate
38 541
111 500
-
-
income
8 479
24 530
-
-
total
8 479
24 530
-
-
Dividends
30 062
86 970
-
-
withholding
9 018
26 091
-
-
total
9 018
26 091
-
-
Income
111 500
111 500
111 500
111 500
Total tax
51 495
50 621
52 802
51 838
After tax
60 005
60 879
58 698
59 662
Living cost
38 961
38 961
38 961
38 961
Free-cash
21 044
21 918
19 737
20 701

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16313
₽30428
₽27752
₽38411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
trade
-
-
-
10 659
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.

-
-
-
25 374
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.

-
-
-
6 862
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.

-
-
-
1 395
total
-
-
-
44 290
Employee

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

50 937
-
111 500
-
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.

6 862
-
6 862
-
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.

240
-
1 395
-
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.

4 376
-
25 374
-
total
11 478
-
33 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 563
111 500
-
-
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.

499
921
-
-
income
9 084
16 724
-
-
trade
9 963
18 342
-
-
chamber of commerce
238
311
-
-
total
19 784
36 298
-
-
Dividends
40 778
75 202
-
-
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.

539
1 012
-
-
withholding
9 813
18 419
-
-
total
10 352
19 431
-
-
Income
111 500
111 500
111 500
111 500
Total tax
41 614
55 729
33 631
44 290
After tax
69 886
55 771
77 869
67 210
Living cost
39 458
39 458
39 458
39 458
Free-cash
30 428
16 313
38 411
27 752

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48975
₽44810
₽45810
₽44897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
14 016
health
-
-
-
2 844
social contributions
-
-
-
16 251
total
-
-
-
33 111
Employee
77 236
77 236
101 226
-
social contributions
3 753
6 410
8 402
-
health
768
1 313
1 721
-
income
8 110
7 150
13 627
-
total
12 631
14 873
23 750
-
Employer
77 236
77 236
101 226
-
social contributions
3 753
6 410
8 402
-
health
837
1 430
1 872
-
total
4 590
7 840
10 274
-
Corporate
61 700
26 424
-
-
income
7 712
3 303
-
-
total
7 712
3 303
-
-
Dividends
53 987
23 121
-
-
withholding
9 178
3 930
-
-
total
9 178
3 930
-
-
Income
111 500
111 500
111 500
111 500
Total tax
34 111
29 946
34 024
33 111
After tax
77 389
81 554
77 476
78 389
Living cost
32 579
32 579
32 579
32 579
Free-cash
44 810
48 975
44 897
45 810

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44540
₽44921
₽59010
₽46404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
13 631
pensions
-
-
-
11 150
unemployment
-
-
-
1 672
health
-
-
-
7 805
total
-
-
-
34 258
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.

26 319
10 475
93 305
-
health
1 842
733
6 531
-
income
3 217
1 281
11 407
-
pensions
2 632
1 047
9 331
-
unemployment
395
157
1 400
-
total
8 086
3 218
28 669
-
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.

26 319
10 475
93 305
-
pensions
5 132
2 043
18 195
-
total
5 132
2 043
18 195
-
Corporate
80 049
98 983
-
-
income
7 204
8 908
-
-
total
7 204
8 908
-
-
Dividends
72 844
90 074
-
-
social contributions
14 085
17 445
-
-
withholding
13 840
17 114
-
-
total
27 925
34 559
-
-
Income
111 500
111 500
111 500
111 500
Total tax
48 347
48 728
46 864
34 258
After tax
63 153
62 772
64 636
77 242
Living cost
18 232
18 232
18 232
18 232
Free-cash
44 921
44 540
46 404
59 010

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64939
₽58698
₽35503
₽40008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
14 940
pensions
-
-
-
22 300
health
-
-
-
14 496
total
-
-
-
51 736
Employee
28 494
-
83 332
-
income
3 208
-
16 067
-
pensions
570
-
1 666
-
unemployment
456
-
1 332
-
total
4 234
-
19 065
-
Employer
28 494
-
83 332
-
unemployment
229
-
667
-
pensions
5 699
-
16 667
-
health
3 704
-
10 832
-
total
9 632
-
28 166
-
Corporate
73 374
111 500
-
-
income
14 675
22 300
-
-
total
14 675
22 300
-
-
Dividends
58 699
89 200
-
-
total
-
-
-
-
Income
111 500
111 500
111 500
111 500
Total tax
28 541
22 300
47 231
51 736
After tax
82 959
89 200
64 269
59 764
Living cost
24 261
24 261
24 261
24 261
Free-cash
58 698
64 939
40 008
35 503

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13013
₽5649
₽54413
₽36236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
accident
-
-
-
253
income
-
-
-
28 065
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
35 043
Employee
34 676
-
96 486
-
health
3 970
-
11 048
-
income
4 757
-
19 513
-
pensions
3 905
-
7 645
-
total
12 632
-
38 206
-
Employer
34 676
-
96 486
-
accident
579
-
1 611
-
unemployment
850
-
2 364
-
pensions
5 639
-
11 039
-
total
7 068
-
15 014
-
Corporate
69 757
111 500
-
-
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.

62 781
100 350
-
-
total
62 781
100 350
-
-
Dividends
6 976
11 150
-
-
withholding
1 326
2 119
-
-
total
1 326
2 119
-
-
Income
111 500
111 500
111 500
111 500
Total tax
83 807
102 469
53 220
35 043
After tax
27 693
9 031
58 280
76 457
Living cost
22 044
22 044
22 044
22 044
Free-cash
5 649
-13 013
36 236
54 413

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96825
₽95119
₽101285
₽80100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
111 500
microenterprise

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

-
-
-
1 115
total
-
-
-
1 115
Employee
11 374
-
111 500
-
income
2 275
-
22 300
-
total
2 275
-
22 300
-
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%.

100 126
111 500
-
-
total
-
-
-
-
Dividends
100 126
111 500
-
-
withholding
5 006
5 575
-
-
total
5 006
5 575
-
-
Income
111 500
111 500
111 500
111 500
Total tax
7 281
5 575
22 300
1 115
After tax
104 219
105 925
89 200
110 385
Living cost
9 100
9 100
9 100
9 100
Free-cash
95 119
96 825
80 100
101 285

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55155
₽48370
₽33389
₽37999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
14 384
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.

-
-
-
26 760
other
-
-
-
5 297
health
-
-
-
4 906
total
-
-
-
51 347
Employee
36 470
-
89 058
-
health
511
-
1 247
-
income
6 279
-
15 922
-
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.

2 552
-
6 235
-
unemployment
364
-
890
-
total
9 706
-
24 294
-
Employer
36 470
-
89 058
-
accident
292
-
713
-
other
1 824
-
4 453
-
unemployment
364
-
890
-
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.

6 201
-
15 140
-
health
511
-
1 247
-
total
9 192
-
22 443
-
Corporate
65 839
111 500
-
-
income
13 827
23 415
-
-
total
13 827
23 415
-
-
Dividends
52 012
88 085
-
-
withholding
3 641
6 166
-
-
total
3 641
6 166
-
-
Income
111 500
111 500
111 500
111 500
Total tax
36 366
29 581
46 737
51 347
After tax
75 134
81 919
64 763
60 153
Living cost
26 764
26 764
26 764
26 764
Free-cash
48 370
55 155
37 999
33 389

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12919
₽2659
₽11738
₽1584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
24 938
pensions
-
-
-
7 723
total
-
-
-
32 661
Employee
94 938
-
98 004
-
health
1 564
-
1 628
-
income
17 114
-
18 167
-
pensions
9 159
-
9 526
-
total
27 837
-
29 321
-
Employer
94 938
-
98 004
-
pensions
11 209
-
11 631
-
health
1 803
-
1 863
-
total
13 012
-
13 494
-
Corporate
3 550
111 500
-
-
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.

674
21 186
-
-
total
674
21 186
-
-
Dividends
2 876
90 314
-
-
withholding
217
10 294
-
-
total
217
10 294
-
-
Income
111 500
111 500
111 500
111 500
Total tax
41 740
31 480
42 815
32 661
After tax
69 760
80 020
68 685
78 839
Living cost
67 101
67 101
67 101
67 101
Free-cash
2 659
12 919
1 584
11 738

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽82165
₽77500
₽72241
₽75907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
16 725
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
26 091
Employee
17 436
-
104 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
10 462
-
pensions

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

1 531
-
3 080
-
total
4 268
-
15 542
-
Employer
17 436
-
104 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
90 643
111 500
-
-
income
9 064
11 150
-
-
total
9 064
11 150
-
-
Dividends
81 579
100 350
-
-
withholding
4 079
5 017
-
-
total
4 079
5 017
-
-
Income
111 500
111 500
111 500
111 500
Total tax
20 832
16 167
22 425
26 091
After tax
90 668
95 333
89 075
85 409
Living cost
13 168
13 168
13 168
13 168
Free-cash
77 500
82 165
75 907
72 241

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1469
₽1057
₽7808
₽1662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
23 841
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
47 995
Employee
93 124
85 775
94 884
-
health
11 618
11 198
11 717
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
37 525
-
Employer
93 124
85 775
94 884
-
unemployment
3 353
3 088
3 416
-
pensions
6 481
5 970
6 605
-
health
6 471
5 962
6 595
-
total
16 305
15 020
16 616
-
Corporate
2 071
10 705
-
-
income
414
2 141
-
-
total
414
2 141
-
-
Dividends
1 658
8 565
-
-
income
353
1 820
-
-
withholding
248
1 285
-
-
total
601
3 105
-
-
Income
111 500
111 500
111 500
111 500
Total tax
54 746
57 272
54 141
47 995
After tax
56 754
54 228
57 359
63 505
Living cost
55 697
55 697
55 697
55 697
Free-cash
1 057
-1 469
1 662
7 808

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52748
₽44178
₽30287
₽32562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
9 583
health
-
-
-
15 052
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 558
total
-
-
-
57 193
Employee
35 324
-
83 209
-
social contributions
2 296
-
5 409
-
health
4 769
-
11 233
-
solidarity contribution
-
-
-
-
income
4 239
-
9 985
-
total
11 304
-
26 627
-
Employer
35 324
-
83 209
-
social contributions
8 831
-
20 802
-
health
3 179
-
7 489
-
total
12 010
-
28 291
-
Corporate
64 166
111 500
-
-
income
12 192
21 185
-
-
total
12 192
21 185
-
-
Dividends
51 974
90 315
-
-
withholding
7 796
13 547
-
-
total
7 796
13 547
-
-
Income
111 500
111 500
111 500
111 500
Total tax
43 302
34 732
54 918
57 193
After tax
68 198
76 768
56 582
54 307
Living cost
24 020
24 020
24 020
24 020
Free-cash
44 178
52 748
32 562
30 287

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17106
₽11863
₽14069
₽8763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
municipal
-
-
-
663
regional
-
-
-
1 250
national
-
-
-
24 457
social contributions
-
-
-
28 677
total
-
-
-
55 047
Employee
89 268
-
111 500
-
social contributions
30 101
-
37 598
-
regional
842
-
1 096
-
municipal
473
-
591
-
national
15 468
-
21 068
-
total
46 884
-
60 353
-
Employer
89 268
-
111 500
-
total
-
-
-
-
Corporate
22 232
111 500
-
-
nationa
5 335
26 760
-
-
municipal
867
4 348
-
-
total
6 202
31 108
-
-
Dividends
16 030
80 392
-
-
withholding
4 167
20 902
-
-
total
4 167
20 902
-
-
Income
111 500
111 500
111 500
111 500
Total tax
57 253
52 010
60 353
55 047
After tax
54 247
59 490
51 147
56 453
Living cost
42 384
42 384
42 384
42 384
Free-cash
11 863
17 106
8 763
14 069

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47970
₽44841
₽33633
₽31809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
22 370
pensions
-
-
-
22 300
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
7 916
surtax
-
-
-
2 888
total
-
-
-
55 703
Employee
33 216
-
92 109
-
other
-
-
-
-
health
848
-
2 348
-
surtax
109
-
2 600
-
income
5 568
-
20 637
-
pensions
2 215
-
6 143
-
unemployment
2 312
-
6 410
-
total
11 052
-
38 138
-
Employer
33 216
-
92 109
-
other
-
-
-
-
unemployment
1 052
-
2 920
-
pensions
4 428
-
12 277
-
health
1 512
-
4 192
-
total
6 992
-
19 389
-
Corporate
71 292
111 500
-
-
income
18 537
28 990
-
-
total
18 537
28 990
-
-
Dividends
52 755
82 510
-
-
withholding
7 914
12 376
-
-
total
7 914
12 376
-
-
Income
111 500
111 500
111 500
111 500
Total tax
44 495
41 366
57 527
55 703
After tax
67 005
70 134
53 973
55 797
Living cost
22 164
22 164
22 164
22 164
Free-cash
44 841
47 970
31 809
33 633

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34178
₽29803
₽32997
₽22843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
24 938
pensions
-
-
-
7 723
total
-
-
-
32 661
Employee
63 625
-
98 004
-
health
924
-
1 628
-
income
11 459
-
18 167
-
pensions
5 400
-
9 526
-
total
17 783
-
29 321
-
Employer
63 625
-
98 004
-
pensions
6 887
-
11 631
-
health
1 209
-
1 863
-
total
8 096
-
13 494
-
Corporate
39 779
111 500
-
-
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.

7 559
21 186
-
-
total
7 559
21 186
-
-
Dividends
32 220
90 314
-
-
withholding
2 417
10 294
-
-
total
2 417
10 294
-
-
Income
111 500
111 500
111 500
111 500
Total tax
35 855
31 480
42 815
32 661
After tax
75 645
80 020
68 685
78 839
Living cost
45 842
45 842
45 842
45 842
Free-cash
29 803
34 178
22 843
32 997

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25407
₽7279
₽16158
₽10633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
city
-
-
-
1 175
pensions
-
-
-
10 260
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.

-
-
-
2 231
regional
-
-
-
4 140
health
-
-
-
251
national
-
-
-
891
total
-
-
-
18 948
Employee
89 401
-
99 800
-
city
959
-
1 071
-
regional
2 927
-
3 534
-
health
202
-
224
-
pensions
7 511
-
8 382
-
unemployment
-
-
-
-
national
423
-
661
-
total
12 022
-
13 872
-
Employer
89 401
-
99 800
-
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.

1 787
-
1 995
-
unemployment
-
-
-
-
pensions
7 511
-
8 382
-
health
202
-
224
-
total
9 500
-
10 601
-
Corporate
11 616
111 500
-
-
regional
2 457
23 582
-
-
national
987
9 477
-
-
total
3 444
33 059
-
-
Dividends
8 172
78 441
-
-
withholding
2 861
27 454
-
-
total
2 861
27 454
-
-
Income
111 500
111 500
111 500
111 500
Total tax
27 827
60 513
24 473
18 948
After tax
83 673
50 987
87 027
92 552
Living cost
76 394
76 394
76 394
76 394
Free-cash
7 279
-25 407
10 633
16 158

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9183
₽25470
₽20742
₽31855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
trade
-
-
-
11 113
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.

-
-
-
25 374
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.

-
-
-
6 862
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.

-
-
-
1 395
total
-
-
-
44 744
Employee

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

60 365
-
111 500
-
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.

6 862
-
6 862
-
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.

391
-
1 395
-
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.

7 098
-
25 374
-
total
14 351
-
33 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 135
111 500
-
-
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.

421
921
-
-
income
7 670
16 724
-
-
trade
8 770
19 122
-
-
chamber of commerce
225
309
-
-
total
17 086
37 076
-
-
Dividends
34 049
74 424
-
-
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.

448
1 003
-
-
withholding
8 131
18 224
-
-
total
8 579
19 227
-
-
Income
111 500
111 500
111 500
111 500
Total tax
40 016
56 303
33 631
44 744
After tax
71 484
55 197
77 869
66 756
Living cost
46 014
46 014
46 014
46 014
Free-cash
25 470
9 183
31 855
20 742

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21829
₽27764
₽29530
₽34142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
12 183
pensions
-
-
-
26 118
other
-
-
-
3 456
health
-
-
-
2 672
surtax
-
-
-
-
social contributions
-
-
-
3 176
total
-
-
-
47 605
Employee
42 988
-
89 862
-
social contributions
1 226
-
2 562
-
surtax
-
-
-
-
income
2 537
-
14 114
-
pensions
4 861
-
4 683
-
total
8 624
-
21 359
-
Employer
42 988
-
89 862
-
other
1 483
-
3 099
-
social contributions
130
-
269
-
unemployment
1 740
-
3 639
-
pensions
7 062
-
8 164
-
health
3 010
-
6 463
-
total
13 425
-
21 634
-
Corporate
55 087
111 500
-
-
surtax
-
-
-
-
income
15 424
31 220
-
-
total
15 424
31 220
-
-
Dividends
39 663
80 280
-
-
surtax
-
-
-
-
social contributions
6 822
13 810
-
-
withholding
5 076
10 276
-
-
total
11 898
24 086
-
-
Income
111 500
111 500
111 500
111 500
Total tax
49 371
55 306
42 993
47 605
After tax
62 129
56 194
68 507
63 895
Living cost
34 365
34 365
34 365
34 365
Free-cash
27 764
21 829
34 142
29 530

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25234
₽30818
₽32935
₽37547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
12 183
pensions
-
-
-
26 118
other
-
-
-
3 456
health
-
-
-
2 672
surtax
-
-
-
-
social contributions
-
-
-
3 176
total
-
-
-
47 605
Employee
38 373
-
89 862
-
social contributions
1 094
-
2 562
-
surtax
-
-
-
-
income
1 979
-
14 114
-
pensions
4 340
-
4 683
-
total
7 413
-
21 359
-
Employer
38 373
-
89 862
-
other
1 325
-
3 099
-
social contributions
114
-
269
-
unemployment
1 553
-
3 639
-
pensions
6 305
-
8 164
-
health
2 686
-
6 463
-
total
11 983
-
21 634
-
Corporate
61 143
111 500
-
-
surtax
-
-
-
-
income
17 121
31 220
-
-
total
17 121
31 220
-
-
Dividends
44 023
80 280
-
-
surtax
-
-
-
-
social contributions
7 571
13 810
-
-
withholding
5 634
10 276
-
-
total
13 205
24 086
-
-
Income
111 500
111 500
111 500
111 500
Total tax
49 722
55 306
42 993
47 605
After tax
61 778
56 194
68 507
63 895
Living cost
30 960
30 960
30 960
30 960
Free-cash
30 818
25 234
37 547
32 935

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46725
₽47248
₽50308
₽49930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
16 724
health
-
-
-
7 783
social contributions
-
-
-
15 386
total
-
-
-
39 893
Employee
34 056
-
111 500
-
social contributions
4 700
-
15 386
-
health
2 377
-
7 783
-
income
5 680
-
17 102
-
total
12 757
-
40 271
-
Employer
34 056
-
111 500
-
total
-
-
-
-
Corporate
77 444
111 500
-
-
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%.

3 871
5 575
-
-
total
3 871
5 575
-
-
Dividends
73 572
105 925
-
-
health
5 135
7 394
-
-
social contributions
10 154
14 618
-
-
withholding
11 036
15 889
-
-
total
26 325
37 901
-
-
Income
111 500
111 500
111 500
111 500
Total tax
42 953
43 476
40 271
39 893
After tax
68 547
68 024
71 229
71 607
Living cost
21 299
21 299
21 299
21 299
Free-cash
47 248
46 725
49 930
50 308

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26926
₽25370
₽20158
-₽2985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
chamber of commerce
-
-
-
446
income
-
-
-
19 987
pensions
-
-
-
20 628
unemployment
-
-
-
6 161
health
-
-
-
8 530
surtax
-
-
-
198
total
-
-
-
55 950
Employee
50 197
40 028
86 431
-
other
501
400
863
-
health
1 942
1 550
3 345
-
income
5 715
2 953
17 719
-
pensions
5 141
4 098
8 850
-
unemployment
1 506
1 201
2 592
-
total
14 805
10 202
33 369
-
Employer
50 197
40 028
86 431
-
accident
652
520
1 123
-
other
2 385
1 900
4 104
-
chamber of commerce
200
160
345
-
unemployment
1 506
1 201
2 592
-
surtax
198
198
198
-
pensions
6 300
5 024
10 848
-
payroll
1 506
1 201
2 592
-
health
1 897
1 513
3 267
-
total
14 644
11 717
25 069
-
Corporate
46 660
59 753
82 619
-
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.

11 665
14 938
20 655
-
total
11 665
14 938
20 655
-
Dividends
34 995
44 815
-
-
withholding
9 624
12 325
-
-
total
9 624
12 325
-
-
Income
111 500
111 500
111 500
111 500
Total tax
50 738
49 182
79 093
55 950
After tax
60 762
62 318
32 407
55 550
Living cost
35 392
35 392
35 392
35 392
Free-cash
25 370
26 926
-2 985
20 158

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25871
₽10807
₽14396
₽6182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
national
-
-
-
36 879
communal

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

-
-
-
5 610
social contributions
-
-
-
17 992
total
-
-
-
60 481
Employee

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

71 848
-
86 360
-
communal

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

3 747
-
4 504
-
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.

3 376
-
4 058
-
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.

5 389
-
6 477
-
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.

625
-
751
-
national
22 089
-
27 765
-
total
35 226
-
43 555
-
Employer

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

71 848
-
86 360
-
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.

934
-
1 123
-
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.

1 048
-
1 260
-
surtax
8 147
-
9 794
-
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.

6 366
-
7 651
-
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.

4 418
-
5 312
-
total
20 913
-
25 140
-
Corporate
18 738
111 500
-
-
surtax
74
446
-
-
income
3 747
22 300
-
-
total
3 821
22 746
-
-
Dividends
14 917
88 754
-
-
withholding

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

4 110
26 260
-
-
total
4 110
26 260
-
-
Income
111 500
111 500
111 500
111 500
Total tax
64 070
49 006
68 695
60 481
After tax
47 430
62 494
42 805
51 019
Living cost
36 623
36 623
36 623
36 623
Free-cash
10 807
25 871
6 182
14 396

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38827
₽30824
₽24569
₽21800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
accident
-
-
-
839
income
-
-
-
22 727
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
50 657
Employee
49 998
-
84 546
-
other
50
-
84
-
income
10 549
-
21 102
-
pensions
2 350
-
3 974
-
unemployment
776
-
1 311
-
total
13 725
-
26 471
-
Employer
49 998
-
84 546
-
accident
989
-
1 674
-
other
398
-
677
-
unemployment
2 751
-
4 651
-
pensions
11 799
-
19 953
-
total
15 937
-
26 955
-
Corporate
45 565
111 500
-
-
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.

6 835
16 724
-
-
total
6 835
16 724
-
-
Dividends
38 729
94 776
-
-
withholding
7 905
19 675
-
-
total
7 905
19 675
-
-
Income
111 500
111 500
111 500
111 500
Total tax
44 402
36 399
53 426
50 657
After tax
67 098
75 101
58 074
60 843
Living cost
36 274
36 274
36 274
36 274
Free-cash
30 824
38 827
21 800
24 569

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13264
₽5879
₽7662
₽12310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
accident
-
-
-
940
income
-
-
-
11 191
pensions
-
-
-
16 713
health
-
-
-
7 834
surtax
-
-
-
5 528
communal
-
-
-
7 047
total
-
-
-
49 253
Employee
76 065
-
99 598
-
health
3 385
-
4 434
-
surtax
4 662
-
6 103
-
income
7 347
-
14 198
-
pensions
6 084
-
7 968
-
total
21 478
-
32 703
-
Employer
76 065
-
99 598
-
accident
684
-
896
-
pensions
6 084
-
7 968
-
health
2 320
-
3 038
-
total
9 088
-
11 902
-
Corporate
26 347
111 500
-
-
surtax
276
1 170
-
-
communal
-
7 525
-
-
income
3 951
16 724
-
-
total
4 227
25 419
-
-
Dividends
22 119
86 080
-
-
income
12 924
5 320
-
-
withholding
3 319
12 912
-
-
total
16 243
18 232
-
-
Income
111 500
111 500
111 500
111 500
Total tax
51 036
43 651
44 605
49 253
After tax
60 464
67 849
66 895
62 247
Living cost
54 585
54 585
54 585
54 585
Free-cash
5 879
13 264
12 310
7 662

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47573
₽44377
₽33236
₽31412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
22 370
pensions
-
-
-
22 300
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
7 916
surtax
-
-
-
2 888
total
-
-
-
55 703
Employee
33 826
-
92 109
-
other
-
-
-
-
health
863
-
2 348
-
surtax
120
-
2 600
-
income
5 671
-
20 637
-
pensions
2 257
-
6 143
-
unemployment
2 354
-
6 410
-
total
11 265
-
38 138
-
Employer
33 826
-
92 109
-
other
-
-
-
-
unemployment
1 073
-
2 920
-
pensions
4 510
-
12 277
-
health
1 538
-
4 192
-
total
7 121
-
19 389
-
Corporate
70 553
111 500
-
-
income
18 344
28 990
-
-
total
18 344
28 990
-
-
Dividends
52 209
82 510
-
-
withholding
7 832
12 376
-
-
total
7 832
12 376
-
-
Income
111 500
111 500
111 500
111 500
Total tax
44 562
41 366
57 527
55 703
After tax
66 938
70 134
53 973
55 797
Living cost
22 561
22 561
22 561
22 561
Free-cash
44 377
47 573
31 412
33 236

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31550
₽29322
₽28964
₽23685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
municipal
-
-
-
663
regional
-
-
-
1 682
national
-
-
-
24 457
social contributions
-
-
-
28 677
total
-
-
-
55 479
Employee
55 717
-
111 500
-
social contributions
18 788
-
37 598
-
regional
750
-
1 501
-
municipal
295
-
591
-
national
8 827
-
21 068
-
total
28 660
-
60 758
-
Employer
55 717
-
111 500
-
total
-
-
-
-
Corporate
55 783
111 500
-
-
nationa
13 388
26 760
-
-
municipal
2 771
5 541
-
-
total
16 159
32 301
-
-
Dividends
39 623
79 199
-
-
withholding
10 302
20 592
-
-
total
10 302
20 592
-
-
Income
111 500
111 500
111 500
111 500
Total tax
55 121
52 893
60 758
55 479
After tax
56 379
58 607
50 742
56 021
Living cost
27 057
27 057
27 057
27 057
Free-cash
29 322
31 550
23 685
28 964

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47169
₽36610
₽24708
₽26983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
9 583
health
-
-
-
15 052
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 558
total
-
-
-
57 193
Employee
43 528
-
83 209
-
social contributions
2 829
-
5 409
-
health
5 876
-
11 233
-
solidarity contribution
-
-
-
-
income
5 223
-
9 985
-
total
13 928
-
26 627
-
Employer
43 528
-
83 209
-
social contributions
10 882
-
20 802
-
health
3 918
-
7 489
-
total
14 800
-
28 291
-
Corporate
53 172
111 500
-
-
income
10 103
21 185
-
-
total
10 103
21 185
-
-
Dividends
43 069
90 315
-
-
withholding
6 460
13 547
-
-
total
6 460
13 547
-
-
Income
111 500
111 500
111 500
111 500
Total tax
45 291
34 732
54 918
57 193
After tax
66 209
76 768
56 582
54 307
Living cost
29 599
29 599
29 599
29 599
Free-cash
36 610
47 169
26 983
24 708

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30381
₽29884
₽23703
₽397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
chamber of commerce
-
-
-
446
income
-
-
-
19 987
pensions
-
-
-
20 628
unemployment
-
-
-
6 161
health
-
-
-
8 530
surtax
-
-
-
-
total
-
-
-
55 752
Employee
43 907
40 028
86 578
-
other
438
400
865
-
health
1 698
1 550
3 351
-
income
3 911
2 953
17 769
-
pensions
4 497
4 098
8 865
-
unemployment
1 317
1 201
2 598
-
total
11 861
10 202
33 448
-
Employer
43 907
40 028
86 578
-
accident
570
520
1 125
-
other
2 085
1 900
4 111
-
chamber of commerce
175
160
347
-
unemployment
1 317
1 201
2 598
-
surtax
-
-
-
-
pensions
5 511
5 024
10 865
-
payroll
1 317
1 201
2 598
-
health
1 660
1 513
3 273
-
total
12 635
11 519
24 917
-
Corporate
54 958
59 951
82 771
-
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.

13 739
14 988
20 693
-
total
13 739
14 988
20 693
-
Dividends
41 218
44 964
-
-
withholding
11 336
12 365
-
-
total
11 336
12 365
-
-
Income
111 500
111 500
111 500
111 500
Total tax
49 571
49 074
79 058
55 752
After tax
61 929
62 426
32 442
55 748
Living cost
32 045
32 045
32 045
32 045
Free-cash
29 884
30 381
397
23 703

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91745
₽89086
₽96205
₽75020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
111 500
microenterprise

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

-
-
-
1 115
total
-
-
-
1 115
Employee
17 726
-
111 500
-
income
3 545
-
22 300
-
total
3 545
-
22 300
-
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%.

93 774
111 500
-
-
total
-
-
-
-
Dividends
93 774
111 500
-
-
withholding
4 689
5 575
-
-
total
4 689
5 575
-
-
Income
111 500
111 500
111 500
111 500
Total tax
8 234
5 575
22 300
1 115
After tax
103 266
105 925
89 200
110 385
Living cost
14 180
14 180
14 180
14 180
Free-cash
89 086
91 745
75 020
96 205

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49828
₽41424
₽30260
₽27070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
income
-
-
-
22 796
pensions
-
-
-
20 363
unemployment
-
-
-
168
health
-
-
-
10 972
total
-
-
-
54 299
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.

44 416
-
96 478
-
health
2 869
-
6 233
-
income
7 660
-
21 149
-
pensions
6 885
-
14 953
-
unemployment
63
-
135
-
total
17 477
-
42 470
-
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.

44 416
-
96 478
-
unemployment
27
-
57
-
pensions
3 930
-
8 537
-
health
2 958
-
6 425
-
total
6 915
-
15 019
-
Corporate
60 168
111 500
-
-
income
11 433
21 184
-
-
total
11 433
21 184
-
-
Dividends
48 735
90 316
-
-
withholding
7 310
13 547
-
-
total
7 310
13 547
-
-
Income
111 500
111 500
111 500
111 500
Total tax
43 135
34 731
57 489
54 299
After tax
68 365
76 769
54 011
57 201
Living cost
26 941
26 941
26 941
26 941
Free-cash
41 424
49 828
27 070
30 260

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24273
-₽39041
₽33492
₽54654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
21 733
social contributions
-
-
-
12 711
total
-
-
-
34 444
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
-
111 500
-
-
income
-
24 530
-
-
total
-
24 530
-
-
Dividends
-
86 970
-
-
income
-
19 133
-
-
total
-
19 133
-
-
Income
111 500
111 500
111 500
111 500
Total tax
106 977
43 663
13 282
34 444
After tax
4 523
67 837
98 218
77 056
Living cost
43 564
43 564
43 564
43 564
Free-cash
-39 041
24 273
54 654
33 492

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31916
₽30903
₽30323
₽23953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
income
-
-
-
10 926
surtax
-
-
-
-
social contributions

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

-
-
-
38 745
total
-
-
-
49 671
Employee
46 196
-
90 100
-
social contributions
5 082
-
9 912
-
surtax
-
-
-
-
income
9 609
-
24 731
-
total
14 691
-
34 643
-
Employer
46 196
-
90 100
-
social contributions
10 972
-
21 398
-
total
10 972
-
21 398
-
Corporate
54 332
111 500
-
-
surtax
-
-
-
-
income
11 410
23 415
-
-
total
11 410
23 415
-
-
Dividends
42 922
88 085
-
-
withholding
12 018
24 663
-
-
total
12 018
24 663
-
-
Income
111 500
111 500
111 500
111 500
Total tax
49 091
48 078
56 041
49 671
After tax
62 409
63 422
55 459
61 829
Living cost
31 506
31 506
31 506
31 506
Free-cash
30 903
31 916
23 953
30 323

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7681
₽14586
₽15382
₽19994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
12 183
pensions
-
-
-
26 118
other
-
-
-
3 456
health
-
-
-
2 672
surtax
-
-
-
-
social contributions
-
-
-
3 176
total
-
-
-
47 605
Employee
62 910
-
89 862
-
social contributions
1 792
-
2 562
-
surtax
-
-
-
-
income
5 489
-
14 114
-
pensions
7 115
-
4 683
-
total
14 396
-
21 359
-
Employer
62 910
-
89 862
-
other
2 171
-
3 099
-
social contributions
189
-
269
-
unemployment
2 548
-
3 639
-
pensions
10 337
-
8 164
-
health
4 403
-
6 463
-
total
19 648
-
21 634
-
Corporate
28 942
111 500
-
-
surtax
-
-
-
-
income
8 105
31 220
-
-
total
8 105
31 220
-
-
Dividends
20 837
80 280
-
-
surtax
-
-
-
-
social contributions
3 585
13 810
-
-
withholding
2 667
10 276
-
-
total
6 252
24 086
-
-
Income
111 500
111 500
111 500
111 500
Total tax
48 401
55 306
42 993
47 605
After tax
63 099
56 194
68 507
63 895
Living cost
48 513
48 513
48 513
48 513
Free-cash
14 586
7 681
19 994
15 382

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70156
₽66783
₽54177
₽57143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
2 598
social contributions
-
-
-
24 532
total
-
-
-
27 130
Employee
32 292
-
96 537
-
income
-
-
2 926
-
social contributions
2 099
-
6 275
-
total
2 099
-
9 201
-
Employer
32 292
-
96 537
-
social contributions
5 005
-
14 963
-
total
5 005
-
14 963
-
Corporate
74 203
111 500
-
-
income
7 420
11 151
-
-
total
7 420
11 151
-
-
Dividends
66 783
100 349
-
-
total
-
-
-
-
Income
111 500
111 500
111 500
111 500
Total tax
14 524
11 151
24 164
27 130
After tax
96 976
100 349
87 336
84 370
Living cost
30 193
30 193
30 193
30 193
Free-cash
66 783
70 156
57 143
54 177

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽107345
-₽107345
₽20128
-₽107345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
municipal
-
-
-
21 283
pensions
-
-
-
871
national
-
-
-
11 994
labour market
-
-
-
8 850
total
-
-
-
42 998
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
111 500
111 500
111 500
111 500
Total tax
170 471
170 471
170 471
42 998
After tax
-58 971
-58 971
-58 971
68 502
Living cost
48 374
48 374
48 374
48 374
Free-cash
-107 345
-107 345
-107 345
20 128

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12688
₽5701
₽54738
₽36561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
accident
-
-
-
253
income
-
-
-
28 065
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
35 043
Employee
34 165
-
96 486
-
health
3 912
-
11 048
-
income
4 687
-
19 513
-
pensions
3 847
-
7 645
-
total
12 446
-
38 206
-
Employer
34 165
-
96 486
-
accident
570
-
1 611
-
unemployment
837
-
2 364
-
pensions
5 555
-
11 039
-
total
6 962
-
15 014
-
Corporate
70 372
111 500
-
-
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.

63 335
100 350
-
-
total
63 335
100 350
-
-
Dividends
7 037
11 150
-
-
withholding
1 337
2 119
-
-
total
1 337
2 119
-
-
Income
111 500
111 500
111 500
111 500
Total tax
84 080
102 469
53 220
35 043
After tax
27 420
9 031
58 280
76 457
Living cost
21 719
21 719
21 719
21 719
Free-cash
5 701
-12 688
36 561
54 738

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34728
₽33691
₽39375
₽24089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
111 500
municipal
-
-
-
19 837
health
-
-
-
1 298
national
-
-
-
12 427
total
-
-
-
33 562
Employee
52 845
-
93 800
-
health
395
-
1 025
-
municipal
8 656
-
15 306
-
pensions
3 566
-
6 332
-
unemployment
793
-
1 407
-
national
873
-
7 079
-
total
14 283
-
31 149
-
Employer
52 845
-
93 800
-
accident
53
-
93
-
unemployment
343
-
610
-
pensions
9 168
-
16 274
-
health
406
-
722
-
total
9 970
-
17 699
-
Corporate
48 684
111 500
-
-
income
9 736
22 300
-
-
total
9 736
22 300
-
-
Dividends

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

29 211
66 900
-
-
national
-
3 866
-
-
municipal
5 257
12 043
-
-
total
5 257
15 909
-
-
Income
111 500
111 500
111 500
111 500
Total tax
39 246
38 209
48 848
33 562
After tax
72 254
73 291
62 652
77 938
Living cost
38 563
38 563
38 563
38 563
Free-cash
33 691
34 728
24 089
39 375

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58299
₽52831
₽55134
₽54221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
14 016
health
-
-
-
2 844
social contributions
-
-
-
16 251
total
-
-
-
33 111
Employee
77 236
77 236
101 226
-
social contributions
2 920
6 410
8 402
-
health
599
1 313
1 721
-
income
8 410
7 150
13 627
-
total
11 929
14 873
23 750
-
Employer
77 236
77 236
101 226
-
social contributions
2 920
6 410
8 402
-
health
650
1 430
1 872
-
total
3 570
7 840
10 274
-
Corporate
72 746
26 424
-
-
income
9 094
3 303
-
-
total
9 094
3 303
-
-
Dividends
63 652
23 121
-
-
withholding
10 821
3 930
-
-
total
10 821
3 930
-
-
Income
111 500
111 500
111 500
111 500
Total tax
35 414
29 946
34 024
33 111
After tax
76 086
81 554
77 476
78 389
Living cost
23 255
23 255
23 255
23 255
Free-cash
52 831
58 299
54 221
55 134

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76385
₽71278
₽74696
₽54547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
111 500
income
-
-
-
10 804
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
20 857
Employee

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

23 055
-
101 684
-
health
1 959
-
8 101
-
income
1 576
-
8 315
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
31 189
-
Employer

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

23 055
-
101 684
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
86 072
111 500
-
-
income
7 746
10 036
-
-
total
7 746
10 036
-
-
Dividends
78 325
101 464
-
-
withholding
7 049
9 132
-
-
total
7 049
9 132
-
-
Income
111 500
111 500
111 500
111 500
Total tax
24 275
19 168
41 006
20 857
After tax
87 225
92 332
70 494
90 643
Living cost
15 947
15 947
15 947
15 947
Free-cash
71 278
76 385
54 547
74 696

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47480
₽42211
₽33222
₽30453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
accident
-
-
-
839
income
-
-
-
22 727
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
50 657
Employee
37 140
-
84 546
-
other
36
-
84
-
income
7 160
-
21 102
-
pensions
1 746
-
3 974
-
unemployment
576
-
1 311
-
total
9 518
-
26 471
-
Employer
37 140
-
84 546
-
accident
736
-
1 674
-
other
297
-
677
-
unemployment
2 043
-
4 651
-
pensions
8 764
-
19 953
-
total
11 840
-
26 955
-
Corporate
62 519
111 500
-
-
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.

9 378
16 724
-
-
total
9 378
16 724
-
-
Dividends
53 141
94 776
-
-
withholding
10 932
19 675
-
-
total
10 932
19 675
-
-
Income
111 500
111 500
111 500
111 500
Total tax
41 668
36 399
53 426
50 657
After tax
69 832
75 101
58 074
60 843
Living cost
27 621
27 621
27 621
27 621
Free-cash
42 211
47 480
30 453
33 222

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66826
₽66375
₽68110
₽67914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
37 179
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
40 640
Employee
4 189
-
109 243
-
health
209
-
502
-
income
810
-
37 074
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
38 579
-
Employer
4 189
-
109 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
106 368
111 500
-
-
income
23 401
24 530
-
-
total
23 401
24 530
-
-
Dividends
82 967
86 970
-
-
withholding
16 593
17 394
-
-
total
16 593
17 394
-
-
Income
111 500
111 500
111 500
111 500
Total tax
42 375
41 924
40 836
40 640
After tax
69 125
69 576
70 664
70 860
Living cost
2 750
2 750
2 750
2 750
Free-cash
66 375
66 826
67 914
68 110

Estimated living cost  is ₽2750 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63189
₽58248
₽42957
₽42955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
income
-
-
-
23 116
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
51 173
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.

26 193
-
98 213
-
health
1 349
-
3 823
-
income
3 610
-
23 116
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
37 888
-
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.

26 193
-
98 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
80 619
111 500
-
-
income
12 093
16 725
-
-
total
12 093
16 725
-
-
Dividends
68 526
94 775
-
-
withholding
10 279
14 216
-
-
total
10 279
14 216
-
-
Income
111 500
111 500
111 500
111 500
Total tax
35 882
30 941
51 175
51 173
After tax
75 618
80 559
60 325
60 327
Living cost
17 370
17 370
17 370
17 370
Free-cash
58 248
63 189
42 955
42 957

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36343
₽35980
₽34750
₽28380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
income
-
-
-
10 926
surtax
-
-
-
-
social contributions

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

-
-
-
38 745
total
-
-
-
49 671
Employee
38 984
-
90 100
-
social contributions
4 289
-
9 912
-
surtax
-
-
-
-
income
7 617
-
24 731
-
total
11 906
-
34 643
-
Employer
38 984
-
90 100
-
social contributions
9 258
-
21 398
-
total
9 258
-
21 398
-
Corporate
63 258
111 500
-
-
surtax
-
-
-
-
income
13 284
23 415
-
-
total
13 284
23 415
-
-
Dividends
49 974
88 085
-
-
withholding
13 993
24 663
-
-
total
13 993
24 663
-
-
Income
111 500
111 500
111 500
111 500
Total tax
48 441
48 078
56 041
49 671
After tax
63 059
63 422
55 459
61 829
Living cost
27 079
27 079
27 079
27 079
Free-cash
35 980
36 343
28 380
34 750

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39801
₽32140
₽25543
₽22774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
accident
-
-
-
839
income
-
-
-
22 727
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
50 657
Employee
48 510
-
84 546
-
other
48
-
84
-
income
10 132
-
21 102
-
pensions
2 280
-
3 974
-
unemployment
751
-
1 311
-
total
13 211
-
26 471
-
Employer
48 510
-
84 546
-
accident
961
-
1 674
-
other
389
-
677
-
unemployment
2 669
-
4 651
-
pensions
11 448
-
19 953
-
total
15 467
-
26 955
-
Corporate
47 524
111 500
-
-
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.

7 129
16 724
-
-
total
7 129
16 724
-
-
Dividends
40 395
94 776
-
-
withholding
8 253
19 675
-
-
total
8 253
19 675
-
-
Income
111 500
111 500
111 500
111 500
Total tax
44 060
36 399
53 426
50 657
After tax
67 440
75 101
58 074
60 843
Living cost
35 300
35 300
35 300
35 300
Free-cash
32 140
39 801
22 774
25 543

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78057
₽71938
₽68133
₽71799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
16 725
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
26 091
Employee
22 876
-
104 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
10 462
-
pensions

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

2 008
-
3 080
-
total
5 599
-
15 542
-
Employer
22 876
-
104 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
84 135
111 500
-
-
income
8 413
11 150
-
-
total
8 413
11 150
-
-
Dividends
75 722
100 350
-
-
withholding
3 786
5 017
-
-
total
3 786
5 017
-
-
Income
111 500
111 500
111 500
111 500
Total tax
22 286
16 167
22 425
26 091
After tax
89 214
95 333
89 075
85 409
Living cost
17 276
17 276
17 276
17 276
Free-cash
71 938
78 057
71 799
68 133

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18711
₽31852
₽29792
₽39090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
trade
-
-
-
9 298
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.

-
-
-
25 374
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.

-
-
-
6 862
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.

-
-
-
1 395
total
-
-
-
42 929
Employee

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

49 977
-
111 500
-
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.

6 862
-
6 862
-
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.

227
-
1 395
-
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.

4 110
-
25 374
-
total
11 199
-
33 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 523
111 500
-
-
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.

507
921
-
-
income
9 229
16 724
-
-
trade
8 829
16 000
-
-
chamber of commerce
242
316
-
-
total
18 807
33 961
-
-
Dividends
42 716
77 539
-
-
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.

566
1 045
-
-
withholding
10 297
19 004
-
-
total
10 863
20 049
-
-
Income
111 500
111 500
111 500
111 500
Total tax
40 869
54 010
33 631
42 929
After tax
70 631
57 490
77 869
68 571
Living cost
38 779
38 779
38 779
38 779
Free-cash
31 852
18 711
39 090
29 792

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20833
₽23051
₽16135
₽16135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
27 999
social contributions
-
-
-
10 149
total
-
-
-
38 148
Employee
78 569
-
111 500
-
income
14 826
-
27 999
-
social contributions
6 527
-
10 149
-
total
21 353
-
38 148
-
Employer
78 569
-
111 500
-
total
-
-
-
-
Corporate
32 931
111 500
-
-
income
4 117
13 937
-
-
total
4 117
13 937
-
-
Dividends
28 814
97 563
-
-
withholding
5 762
19 513
-
-
total
5 762
19 513
-
-
Income
111 500
111 500
111 500
111 500
Total tax
31 232
33 450
38 148
38 148
After tax
80 268
78 050
73 352
73 352
Living cost
57 217
57 217
57 217
57 217
Free-cash
23 051
20 833
16 135
16 135

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30706
₽34216
₽39717
₽45600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
income
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
106 880
-
income
5 000
-
20 199
-
social contributions
4 617
-
4 620
-
total
9 617
-
24 819
-
Employer
46 078
-
106 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
60 806
111 500
-
-
income
21 282
39 026
-
-
total
21 282
39 026
-
-
Dividends
39 524
72 474
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
111 500
111 500
111 500
111 500
Total tax
40 823
44 333
29 439
35 322
After tax
70 677
67 167
82 061
76 178
Living cost
36 461
36 461
36 461
36 461
Free-cash
34 216
30 706
45 600
39 717

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42752
₽40614
₽41571
₽31417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
income
-
-
-
24 938
pensions
-
-
-
7 723
total
-
-
-
32 661
Employee
51 155
-
98 004
-
health
667
-
1 628
-
income
9 316
-
18 167
-
pensions
3 904
-
9 526
-
total
13 887
-
29 321
-
Employer
51 155
-
98 004
-
pensions
5 168
-
11 631
-
health
972
-
1 863
-
total
6 140
-
13 494
-
Corporate
54 204
111 500
-
-
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.

10 299
21 186
-
-
total
10 299
21 186
-
-
Dividends
43 905
90 314
-
-
withholding
3 292
10 294
-
-
total
3 292
10 294
-
-
Income
111 500
111 500
111 500
111 500
Total tax
33 618
31 480
42 815
32 661
After tax
77 882
80 020
68 685
78 839
Living cost
37 268
37 268
37 268
37 268
Free-cash
40 614
42 752
31 417
41 571

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14838
₽5369
₽52588
₽34411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
accident
-
-
-
253
income
-
-
-
28 065
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
35 043
Employee
37 547
-
96 486
-
health
4 299
-
11 048
-
income
5 151
-
19 513
-
pensions
4 228
-
7 645
-
total
13 678
-
38 206
-
Employer
37 547
-
96 486
-
accident
627
-
1 611
-
unemployment
920
-
2 364
-
pensions
6 105
-
11 039
-
total
7 652
-
15 014
-
Corporate
66 302
111 500
-
-
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.

59 672
100 350
-
-
total
59 672
100 350
-
-
Dividends
6 630
11 150
-
-
withholding
1 260
2 119
-
-
total
1 260
2 119
-
-
Income
111 500
111 500
111 500
111 500
Total tax
82 262
102 469
53 220
35 043
After tax
29 238
9 031
58 280
76 457
Living cost
23 869
23 869
23 869
23 869
Free-cash
5 369
-14 838
34 411
52 588

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80261
₽76325
₽49878
₽58454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
111 500
work injury
-
-
-
557
health insurance
-
-
-
8 251
income
-
-
-
17 394
pensions
-
-
-
20 516
unemployment
-
-
-
1 338
total
-
-
-
48 056
Employee

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

21 706
-
111 500
-
work injury
109
-
402
-
income
2 171
-
17 394
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
39 480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 794
111 500
-
-
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%.

-
1 115
-
-
total
-
1 115
-
-
Dividends
89 794
110 385
-
-
withholding
13 469
16 558
-
-
total
13 469
16 558
-
-
Income
111 500
111 500
111 500
111 500
Total tax
21 609
17 673
39 480
48 056
After tax
89 891
93 827
72 020
63 444
Living cost
13 566
13 566
13 566
13 566
Free-cash
76 325
80 261
58 454
49 878

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18716
₽14149
₽15279
₽10178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
111 500
municipal
-
-
-
745
regional
-
-
-
2 328
national
-
-
-
24 457
social contributions
-
-
-
28 677
total
-
-
-
56 207
Employee
84 640
-
111 500
-
social contributions
28 540
-
37 598
-
regional
1 278
-
1 977
-
municipal
505
-
665
-
national
14 303
-
21 068
-
total
44 626
-
61 308
-
Employer
84 640
-
111 500
-
total
-
-
-
-
Corporate
26 860
111 500
-
-
nationa
6 446
26 760
-
-
municipal
1 294
5 375
-
-
total
7 740
32 135
-
-
Dividends
19 119
79 365
-
-
withholding
4 971
20 635
-
-
total
4 971
20 635
-
-
Income
111 500
111 500
111 500
111 500
Total tax
57 337
52 770
61 308
56 207
After tax
54 163
58 730
50 192
55 293
Living cost
40 014
40 014
40 014
40 014
Free-cash
14 149
18 716
10 178
15 279

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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