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
₽ 112500
per

Your estimated
City
free-cash

Dresden , Germany
₽37675
₽48072
₽37621
₽26562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
trade
-
-
-
10 397
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.

-
-
-
6 830
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.

-
-
-
25 890
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.

-
-
-
1 425
total
-
-
-
44 542
Employee

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

38 240
-
112 500
-
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.

59
-
1 425
-
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.

1 068
-
25 890
-
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.

6 830
-
6 830
-
total
7 957
-
34 145
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 260
112 500
-
-
trade
11 697
17 719
-
-
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.

613
928
-
-
income
11 139
16 874
-
-
chamber of commerce
258
313
-
-
total
23 707
35 834
-
-
Dividends
50 554
76 666
-
-
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.

674
1 034
-
-
withholding
12 258
18 787
-
-
total
12 932
19 821
-
-
Income
112 500
112 500
112 500
112 500
Total tax
44 596
55 655
34 145
44 542
After tax
67 904
56 845
78 355
67 958
Living cost
30 283
30 283
30 283
30 283
Free-cash
37 621
26 562
48 072
37 675

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17054
₽17938
₽18912
₽19751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
1 209
municipal
-
-
-
11 880
national
-
-
-
18 408
pensions
-
-
-
13 500
total
-
-
-
44 997
Employee
78 206
-
97 255
-
pensions
3 128
-
3 890
-
national
14 969
-
19 083
-
municipal
9 660
-
12 315
-
total
27 757
-
35 288
-
Employer
78 206
-
97 255
-
pensions
6 256
-
7 780
-
social contributions
841
-
1 045
-
total
7 097
-
8 825
-
Corporate
22 036
112 500
-
-
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%.

4 407
22 500
-
-
total
4 407
22 500
-
-
Dividends
17 628
90 000
-
-
withholding
3 878
19 800
-
-
total
3 878
19 800
-
-
Income
112 500
112 500
112 500
112 500
Total tax
43 139
42 300
44 113
44 997
After tax
69 361
70 200
68 387
67 503
Living cost
50 449
50 449
50 449
50 449
Free-cash
18 912
19 751
17 938
17 054

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39113
₽42468
₽60999
₽69200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
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.

-
-
-
36 168
income
-
-
-
16 419
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
52 587
Employee
29 214
-
90 660
-
income
5 200
-
17 420
-
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.

3 214
-
9 972
-
surtax
-
-
-
-
total
8 414
-
27 392
-
Employer
29 214
-
90 660
-
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.

7 037
-
21 840
-
surtax
-
-
-
-
total
7 037
-
21 840
-
Corporate
76 249
112 500
-
-
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%.

15 250
22 500
-
-
total
15 250
22 500
-
-
Dividends

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

60 998
90 000
-
-
total
-
-
-
-
Income
112 500
112 500
112 500
112 500
Total tax
30 701
22 500
49 232
52 587
After tax
81 799
90 000
63 268
59 913
Living cost
20 800
20 800
20 800
20 800
Free-cash
60 999
69 200
42 468
39 113

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22267
₽16428
₽6742
₽12866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
health
-
-
-
12 329
income
-
-
-
24 308
pensions
-
-
-
11 714
total
-
-
-
48 351
Employee
85 378
85 378
95 736
-
income

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

13 975
13 975
13 975
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
11 737
-
total
42 448
36 836
37 426
-
Employer
85 378
85 378
95 736
-
pensions
5 942
5 942
6 663
-
health
5 935
5 935
6 654
-
unemployment
3 074
3 074
3 447
-
total
14 951
14 951
16 764
-
Corporate
13 219
12 172
-
-
income
2 643
2 434
-
-
total
2 643
2 434
-
-
Dividends
10 576
9 738
-
-
withholding
1 586
1 461
-
-
income
2 248
2 070
-
-
total
3 834
3 531
-
-
Income
112 500
112 500
112 500
112 500
Total tax
63 876
57 752
54 190
48 351
After tax
48 624
54 748
58 310
64 149
Living cost
41 882
41 882
41 882
41 882
Free-cash
6 742
12 866
16 428
22 267

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21663
₽20627
₽22107
₽22971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
26 267
health
-
-
-
5 259
national
-
-
-
1 702
pensions
-
-
-
9 110
total
-
-
-
52 383
Employee
54 793
-
86 020
-
national
-
-
1 289
-
municipal
16 339
-
25 651
-
total
16 339
-
26 940
-
Employer
54 793
-
86 020
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
40 491
112 500
-
-
income
8 908
24 750
-
-
total
8 908
24 750
-
-
Dividends
31 583
87 750
-
-
withholding
9 475
26 325
-
-
total
9 475
26 325
-
-
Income
112 500
112 500
112 500
112 500
Total tax
51 939
51 075
53 419
52 383
After tax
60 561
61 425
59 081
60 117
Living cost
38 454
38 454
38 454
38 454
Free-cash
22 107
22 971
20 627
21 663

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28219
₽39079
₽31039
₽16992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
trade
-
-
-
10 860
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.

-
-
-
6 830
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.

-
-
-
25 890
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.

-
-
-
1 425
total
-
-
-
45 005
Employee

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

50 701
-
112 500
-
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.

239
-
1 425
-
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.

4 356
-
25 890
-
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.

6 830
-
6 830
-
total
11 425
-
34 145
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 799
112 500
-
-
trade
10 166
18 506
-
-
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.

510
928
-
-
income
9 270
16 874
-
-
chamber of commerce
239
311
-
-
total
20 185
36 619
-
-
Dividends
41 614
75 881
-
-
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.

552
1 023
-
-
withholding
10 023
18 590
-
-
total
10 575
19 613
-
-
Income
112 500
112 500
112 500
112 500
Total tax
42 185
56 232
34 145
45 005
After tax
70 315
56 268
78 355
67 495
Living cost
39 276
39 276
39 276
39 276
Free-cash
31 039
16 992
39 079
28 219

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46632
₽45556
₽45702
₽49847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
16 176
health
-
-
-
2 869
income
-
-
-
14 395
total
-
-
-
33 440
Employee
76 879
76 879
102 133
-
income
8 073
7 117
13 936
-
social contributions
3 736
6 381
8 477
-
health
765
1 307
1 736
-
total
12 574
14 805
24 149
-
Employer
76 879
76 879
102 133
-
health
833
1 423
1 890
-
social contributions
3 736
6 381
8 477
-
total
4 569
7 804
10 367
-
Corporate
62 930
27 818
-
-
income
7 866
3 478
-
-
total
7 866
3 478
-
-
Dividends
55 064
24 340
-
-
withholding
9 361
4 138
-
-
total
9 361
4 138
-
-
Income
112 500
112 500
112 500
112 500
Total tax
34 370
30 225
34 516
33 440
After tax
78 130
82 275
77 984
79 060
Living cost
32 428
32 428
32 428
32 428
Free-cash
45 702
49 847
45 556
46 632

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59700
₽46982
₽45476
₽45096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
unemployment
-
-
-
1 687
health
-
-
-
7 875
income
-
-
-
13 753
pensions
-
-
-
11 250
total
-
-
-
34 565
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.

26 323
10 476
94 142
-
income
3 218
1 281
11 509
-
pensions
2 632
1 048
9 414
-
unemployment
395
157
1 412
-
health
1 843
733
6 590
-
total
8 088
3 219
28 925
-
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.

26 323
10 476
94 142
-
pensions
5 133
2 043
18 358
-
total
5 133
2 043
18 358
-
Corporate
81 044
99 981
-
-
income
7 294
8 998
-
-
total
7 294
8 998
-
-
Dividends
73 750
90 983
-
-
social contributions
14 262
17 622
-
-
withholding
14 012
17 287
-
-
total
28 274
34 909
-
-
Income
112 500
112 500
112 500
112 500
Total tax
48 789
49 169
47 283
34 565
After tax
63 711
63 331
65 217
77 935
Living cost
18 235
18 235
18 235
18 235
Free-cash
45 476
45 096
46 982
59 700

Estimated living cost  is ₽18235 per week

₽12444
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.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36151
₽40695
₽59640
₽65852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
health
-
-
-
14 624
income
-
-
-
15 076
pensions
-
-
-
22 500
total
-
-
-
52 200
Employee
28 362
-
84 079
-
income
3 193
-
16 210
-
pensions
567
-
1 681
-
unemployment
453
-
1 345
-
total
4 213
-
19 236
-
Employer
28 362
-
84 079
-
pensions
5 673
-
16 816
-
health
3 686
-
10 930
-
unemployment
228
-
674
-
total
9 587
-
28 420
-
Corporate
74 551
112 500
-
-
income
14 911
22 500
-
-
total
14 911
22 500
-
-
Dividends
59 640
90 000
-
-
total
-
-
-
-
Income
112 500
112 500
112 500
112 500
Total tax
28 711
22 500
47 656
52 200
After tax
83 789
90 000
64 844
60 300
Living cost
24 148
24 148
24 148
24 148
Free-cash
59 640
65 852
40 695
36 151

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55218
₽36980
₽5752
-₽12802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
28 430
pensions
-
-
-
4 145
total
-
-
-
35 368
Employee
34 472
-
97 509
-
income
4 729
-
19 849
-
pensions
3 882
-
7 600
-
health
3 947
-
11 165
-
total
12 558
-
38 614
-
Employer
34 472
-
97 509
-
pensions
5 605
-
10 974
-
accident
575
-
1 629
-
unemployment
845
-
2 389
-
total
7 025
-
14 992
-
Corporate
71 003
112 500
-
-
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.

63 902
101 250
-
-
total
63 902
101 250
-
-
Dividends
7 100
11 250
-
-
withholding
1 349
2 138
-
-
total
1 349
2 138
-
-
Income
112 500
112 500
112 500
112 500
Total tax
84 834
103 388
53 606
35 368
After tax
27 666
9 112
58 894
77 132
Living cost
21 914
21 914
21 914
21 914
Free-cash
5 752
-12 802
36 980
55 218

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102364
₽80989
₽96175
₽97864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
112 500
microenterprise

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

-
-
-
1 125
total
-
-
-
1 125
Employee
11 263
-
112 500
-
income
2 252
-
22 500
-
total
2 252
-
22 500
-
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%.

101 237
112 500
-
-
total
-
-
-
-
Dividends
101 237
112 500
-
-
withholding
5 062
5 625
-
-
total
5 062
5 625
-
-
Income
112 500
112 500
112 500
112 500
Total tax
7 314
5 625
22 500
1 125
After tax
105 186
106 875
90 000
111 375
Living cost
9 011
9 011
9 011
9 011
Free-cash
96 175
97 864
80 989
102 364

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33994
₽38649
₽49265
₽56014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
5 345
health
-
-
-
4 950
income
-
-
-
14 571
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.

-
-
-
27 000
total
-
-
-
51 866
Employee
36 301
-
89 856
-
income
6 250
-
16 121
-
pensions

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

2 540
-
6 289
-
unemployment
362
-
899
-
health
508
-
1 258
-
total
9 660
-
24 567
-
Employer
36 301
-
89 856
-
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.

6 172
-
15 275
-
other
1 816
-
4 493
-
accident
290
-
719
-
health
508
-
1 258
-
unemployment
362
-
899
-
total
9 148
-
22 644
-
Corporate
67 050
112 500
-
-
income
14 080
23 625
-
-
total
14 080
23 625
-
-
Dividends
52 970
88 875
-
-
withholding
3 707
6 221
-
-
total
3 707
6 221
-
-
Income
112 500
112 500
112 500
112 500
Total tax
36 595
29 846
47 211
51 866
After tax
75 905
82 654
65 289
60 634
Living cost
26 640
26 640
26 640
26 640
Free-cash
49 265
56 014
38 649
33 994

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12193
₽1907
₽3211
₽13347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
income
-
-
-
25 285
pensions
-
-
-
7 756
total
-
-
-
33 041
Employee
95 171
-
98 873
-
income
17 156
-
18 429
-
pensions
9 181
-
9 627
-
health
1 568
-
1 644
-
total
27 905
-
29 700
-
Employer
95 171
-
98 873
-
pensions
11 237
-
11 749
-
health
1 807
-
1 878
-
total
13 044
-
13 627
-
Corporate
4 284
112 500
-
-
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.

815
21 375
-
-
total
815
21 375
-
-
Dividends
3 469
91 125
-
-
withholding
259
10 512
-
-
total
259
10 512
-
-
Income
112 500
112 500
112 500
112 500
Total tax
42 023
31 887
43 327
33 041
After tax
70 477
80 613
69 173
79 459
Living cost
67 266
67 266
67 266
67 266
Free-cash
3 211
13 347
1 907
12 193

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
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.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73187
₽76913
₽78432
₽83076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
16 875
pensions

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

-
-
-
5 170
total
-
-
-
26 202
Employee
17 361
-
105 647
-
income
1 736
-
10 565
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
15 623
-
Employer
17 361
-
105 647
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
91 732
112 500
-
-
income
9 173
11 250
-
-
total
9 173
11 250
-
-
Dividends
82 559
101 250
-
-
withholding
4 128
5 063
-
-
total
4 128
5 063
-
-
Income
112 500
112 500
112 500
112 500
Total tax
20 957
16 313
22 476
26 202
After tax
91 543
96 187
90 024
86 298
Living cost
13 111
13 111
13 111
13 111
Free-cash
78 432
83 076
76 913
73 187

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8709
₽2870
₽1825
-₽692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
health
-
-
-
12 329
income
-
-
-
24 308
pensions
-
-
-
11 714
total
-
-
-
48 351
Employee
92 693
85 378
95 736
-
income

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

13 975
13 975
13 975
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
11 737
-
total
37 253
36 836
37 426
-
Employer
92 693
85 378
95 736
-
pensions
6 451
5 942
6 663
-
health
6 441
5 935
6 654
-
unemployment
3 337
3 074
3 447
-
total
16 229
14 951
16 764
-
Corporate
3 578
12 172
-
-
income
715
2 434
-
-
total
715
2 434
-
-
Dividends
2 863
9 738
-
-
withholding
429
1 461
-
-
income
609
2 070
-
-
total
1 038
3 531
-
-
Income
112 500
112 500
112 500
112 500
Total tax
55 235
57 752
54 190
48 351
After tax
57 265
54 748
58 310
64 149
Living cost
55 440
55 440
55 440
55 440
Free-cash
1 825
-692
2 870
8 709

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30781
₽33076
₽44878
₽53443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
32 850
health
-
-
-
15 187
income
-
-
-
9 669
solidarity contribution
-
-
-
-
total
-
-
-
57 706
Employee
35 313
-
83 955
-
income
4 238
-
10 075
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
5 457
-
health
4 767
-
11 334
-
total
11 300
-
26 866
-
Employer
35 313
-
83 955
-
health
3 178
-
7 556
-
social contributions
8 828
-
20 989
-
total
12 006
-
28 545
-
Corporate
65 180
112 500
-
-
income
12 384
21 375
-
-
total
12 384
21 375
-
-
Dividends
52 796
91 125
-
-
withholding
7 919
13 669
-
-
total
7 919
13 669
-
-
Income
112 500
112 500
112 500
112 500
Total tax
43 609
35 044
55 411
57 706
After tax
68 891
77 456
57 089
54 794
Living cost
24 013
24 013
24 013
24 013
Free-cash
44 878
53 443
33 076
30 781

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽14674
₽9321
₽12617
₽17837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
28 935
municipal
-
-
-
668
national
-
-
-
24 773
regional
-
-
-
1 263
total
-
-
-
55 639
Employee
88 855
-
112 500
-
national
15 396
-
21 354
-
social contributions
29 962
-
37 934
-
municipal
471
-
596
-
regional
838
-
1 108
-
total
46 667
-
60 992
-
Employer
88 855
-
112 500
-
total
-
-
-
-
Corporate
23 645
112 500
-
-
nationa
5 675
27 000
-
-
municipal
922
4 388
-
-
total
6 597
31 388
-
-
Dividends
17 048
81 111
-
-
withholding
4 432
21 088
-
-
total
4 432
21 088
-
-
Income
112 500
112 500
112 500
112 500
Total tax
57 696
52 476
60 992
55 639
After tax
54 804
60 024
51 508
56 861
Living cost
42 187
42 187
42 187
42 187
Free-cash
12 617
17 837
9 321
14 674

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34000
₽32158
₽45591
₽48700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
7 988
income
-
-
-
22 764
surtax
-
-
-
2 958
pensions
-
-
-
22 500
total
-
-
-
56 438
Employee
33 062
-
92 937
-
income
5 542
-
21 016
-
pensions
2 205
-
6 198
-
unemployment
2 301
-
6 468
-
health
844
-
2 370
-
other
-
-
-
-
surtax
108
-
2 666
-
total
11 000
-
38 718
-
Employer
33 062
-
92 937
-
pensions
4 407
-
12 389
-
other
-
-
-
-
health
1 505
-
4 227
-
unemployment
1 047
-
2 946
-
total
6 959
-
19 562
-
Corporate
72 478
112 500
-
-
income
18 844
29 250
-
-
total
18 844
29 250
-
-
Dividends
53 635
83 250
-
-
withholding
8 044
12 488
-
-
total
8 044
12 488
-
-
Income
112 500
112 500
112 500
112 500
Total tax
44 847
41 738
58 280
56 438
After tax
67 653
70 762
54 220
56 062
Living cost
22 062
22 062
22 062
22 062
Free-cash
45 591
48 700
32 158
34 000

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33505
₽23219
₽30420
₽34659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
income
-
-
-
25 285
pensions
-
-
-
7 756
total
-
-
-
33 041
Employee
63 781
-
98 873
-
income
11 487
-
18 429
-
pensions
5 414
-
9 627
-
health
926
-
1 644
-
total
17 827
-
29 700
-
Employer
63 781
-
98 873
-
pensions
6 904
-
11 749
-
health
1 212
-
1 878
-
total
8 116
-
13 627
-
Corporate
40 603
112 500
-
-
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.

7 715
21 375
-
-
total
7 715
21 375
-
-
Dividends
32 888
91 125
-
-
withholding
2 468
10 512
-
-
total
2 468
10 512
-
-
Income
112 500
112 500
112 500
112 500
Total tax
36 126
31 887
43 327
33 041
After tax
76 374
80 613
69 173
79 459
Living cost
45 954
45 954
45 954
45 954
Free-cash
30 420
34 659
23 219
33 505

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17724
₽12137
₽8205
-₽24130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
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.

-
-
-
2 250
health
-
-
-
252
city
-
-
-
1 186
national
-
-
-
932
regional
-
-
-
4 233
pensions
-
-
-
10 349
total
-
-
-
19 202
Employee
88 441
-
100 691
-
pensions
7 430
-
8 459
-
national
419
-
701
-
unemployment
-
-
-
-
city
949
-
1 081
-
health
200
-
227
-
regional
2 896
-
3 620
-
total
11 894
-
14 088
-
Employer
88 441
-
100 691
-
pensions
7 430
-
8 459
-
other

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

1 768
-
2 015
-
health
200
-
227
-
unemployment
-
-
-
-
total
9 398
-
10 701
-
Corporate
13 688
112 500
-
-
regional
2 896
23 793
-
-
national
1 163
9 563
-
-
total
4 059
33 356
-
-
Dividends
9 630
79 144
-
-
withholding
3 370
27 700
-
-
total
3 370
27 700
-
-
Income
112 500
112 500
112 500
112 500
Total tax
28 721
61 056
24 789
19 202
After tax
83 779
51 444
87 711
93 298
Living cost
75 574
75 574
75 574
75 574
Free-cash
8 205
-24 130
12 137
17 724

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21233
₽32554
₽26100
₽9890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
trade
-
-
-
11 321
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.

-
-
-
6 830
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.

-
-
-
25 890
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.

-
-
-
1 425
total
-
-
-
45 466
Employee

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

60 085
-
112 500
-
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.

389
-
1 425
-
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.

7 065
-
25 890
-
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.

6 830
-
6 830
-
total
14 284
-
34 145
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 415
112 500
-
-
trade
8 989
19 293
-
-
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.

433
928
-
-
income
7 862
16 874
-
-
chamber of commerce
226
309
-
-
total
17 510
37 404
-
-
Dividends
34 905
75 095
-
-
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.

459
1 011
-
-
withholding
8 346
18 394
-
-
total
8 805
19 405
-
-
Income
112 500
112 500
112 500
112 500
Total tax
40 599
56 809
34 145
45 466
After tax
71 901
55 691
78 355
67 034
Living cost
45 801
45 801
45 801
45 801
Free-cash
26 100
9 890
32 554
21 233

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30223
₽34654
₽28400
₽22492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
3 487
social contributions
-
-
-
3 205
health
-
-
-
2 772
income
-
-
-
12 485
surtax
-
-
-
-
pensions
-
-
-
26 122
total
-
-
-
48 071
Employee
42 789
-
90 548
-
income
2 525
-
14 339
-
pensions
4 838
-
4 774
-
social contributions
1 220
-
2 578
-
surtax
-
-
-
-
total
8 583
-
21 691
-
Employer
42 789
-
90 548
-
pensions
7 029
-
8 311
-
other
1 476
-
3 125
-
health
2 996
-
6 575
-
unemployment
1 732
-
3 667
-
social contributions
129
-
271
-
total
13 362
-
21 949
-
Corporate
56 348
112 500
-
-
surtax
-
-
-
-
income
15 778
31 501
-
-
total
15 778
31 501
-
-
Dividends
40 570
80 999
-
-
surtax
-
-
-
-
social contributions
6 978
13 932
-
-
withholding
5 193
10 369
-
-
total
12 171
24 301
-
-
Income
112 500
112 500
112 500
112 500
Total tax
49 894
55 802
43 640
48 071
After tax
62 606
56 698
68 860
64 429
Living cost
34 206
34 206
34 206
34 206
Free-cash
28 400
22 492
34 654
30 223

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33612
₽38043
₽31440
₽25881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
3 487
social contributions
-
-
-
3 205
health
-
-
-
2 772
income
-
-
-
12 485
surtax
-
-
-
-
pensions
-
-
-
26 122
total
-
-
-
48 071
Employee
38 195
-
90 548
-
income
1 969
-
14 339
-
pensions
4 320
-
4 774
-
social contributions
1 089
-
2 578
-
surtax
-
-
-
-
total
7 378
-
21 691
-
Employer
38 195
-
90 548
-
pensions
6 276
-
8 311
-
other
1 319
-
3 125
-
health
2 673
-
6 575
-
unemployment
1 546
-
3 667
-
social contributions
114
-
271
-
total
11 928
-
21 949
-
Corporate
62 376
112 500
-
-
surtax
-
-
-
-
income
17 464
31 501
-
-
total
17 464
31 501
-
-
Dividends
44 912
80 999
-
-
surtax
-
-
-
-
social contributions
7 724
13 932
-
-
withholding
5 749
10 369
-
-
total
13 473
24 301
-
-
Income
112 500
112 500
112 500
112 500
Total tax
50 243
55 802
43 640
48 071
After tax
62 257
56 698
68 860
64 429
Living cost
30 817
30 817
30 817
30 817
Free-cash
31 440
25 881
38 043
33 612

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51048
₽50596
₽47954
₽47434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
15 525
health
-
-
-
7 853
income
-
-
-
16 874
total
-
-
-
40 252
Employee
33 899
-
112 500
-
income
5 654
-
17 326
-
social contributions
4 679
-
15 525
-
health
2 366
-
7 853
-
total
12 699
-
40 704
-
Employer
33 899
-
112 500
-
total
-
-
-
-
Corporate
78 601
112 500
-
-
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%.

3 929
5 625
-
-
total
3 929
5 625
-
-
Dividends
74 672
106 875
-
-
social contributions
10 304
14 749
-
-
health
5 212
7 460
-
-
withholding
11 202
16 032
-
-
total
26 718
38 241
-
-
Income
112 500
112 500
112 500
112 500
Total tax
43 346
43 866
40 704
40 252
After tax
69 154
68 634
71 796
72 248
Living cost
21 200
21 200
21 200
21 200
Free-cash
47 954
47 434
50 596
51 048

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20708
-₽2707
₽26077
₽27628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
chamber of commerce
-
-
-
450
unemployment
-
-
-
6 132
health
-
-
-
8 606
income
-
-
-
20 365
surtax
-
-
-
197
pensions
-
-
-
20 813
total
-
-
-
56 563
Employee
49 965
39 843
87 202
-
income
5 688
2 939
18 039
-
pensions
5 117
4 079
8 929
-
unemployment
1 499
1 195
2 616
-
health
1 933
1 542
3 375
-
other
499
398
873
-
total
14 736
10 153
33 832
-
Employer
49 965
39 843
87 202
-
pensions
6 271
5 001
10 944
-
other
2 373
1 892
4 142
-
accident
649
518
1 133
-
health
1 888
1 506
3 296
-
payroll
1 499
1 195
2 616
-
chamber of commerce
199
159
349
-
unemployment
1 499
1 195
2 616
-
surtax
197
197
197
-
total
14 575
11 663
25 293
-
Corporate
47 960
60 993
83 413
-
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.

11 991
15 248
20 853
-
total
11 991
15 248
20 853
-
Dividends
35 970
45 744
-
-
withholding
9 892
12 579
-
-
total
9 892
12 579
-
-
Income
112 500
112 500
112 500
112 500
Total tax
51 194
49 643
79 978
56 563
After tax
61 306
62 857
32 522
55 937
Living cost
35 229
35 229
35 229
35 229
Free-cash
26 077
27 628
-2 707
20 708

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14901
₽6654
₽11598
₽26596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
18 125
communal

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

-
-
-
5 663
national
-
-
-
37 357
total
-
-
-
61 145
Employee

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

71 515
-
87 135
-
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.

5 364
-
6 534
-
national
21 987
-
28 096
-
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.

622
-
759
-
communal

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

3 730
-
4 544
-
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.

3 360
-
4 094
-
total
35 063
-
44 027
-
Employer

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

71 515
-
87 135
-
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.

6 337
-
7 720
-
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.

930
-
1 133
-
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.

4 398
-
5 358
-
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.

1 044
-
1 273
-
surtax
8 109
-
9 881
-
total
20 818
-
25 365
-
Corporate
20 168
112 500
-
-
surtax
82
450
-
-
income
4 034
22 500
-
-
total
4 116
22 950
-
-
Dividends
16 053
89 550
-
-
withholding

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

4 451
26 501
-
-
total
4 451
26 501
-
-
Income
112 500
112 500
112 500
112 500
Total tax
64 448
49 451
69 392
61 145
After tax
48 052
63 049
43 108
51 355
Living cost
36 454
36 454
36 454
36 454
Free-cash
11 598
26 596
6 654
14 901

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25409
₽22380
₽31699
₽39652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
23 184
pensions
-
-
-
26 224
total
-
-
-
50 985
Employee
49 767
-
85 304
-
income
10 501
-
21 402
-
pensions
2 339
-
4 009
-
unemployment
772
-
1 322
-
other
49
-
85
-
total
13 661
-
26 818
-
Employer
49 767
-
85 304
-
pensions
11 744
-
20 132
-
other
397
-
683
-
accident
985
-
1 689
-
unemployment
2 738
-
4 692
-
total
15 864
-
27 196
-
Corporate
46 870
112 500
-
-
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.

7 031
16 874
-
-
total
7 031
16 874
-
-
Dividends
39 839
95 626
-
-
withholding
8 139
19 868
-
-
total
8 139
19 868
-
-
Income
112 500
112 500
112 500
112 500
Total tax
44 695
36 742
54 014
50 985
After tax
67 805
75 758
58 486
61 515
Living cost
36 106
36 106
36 106
36 106
Free-cash
31 699
39 652
22 380
25 409

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8260
₽12897
₽6644
₽14064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
accident
-
-
-
949
health
-
-
-
7 906
income
-
-
-
11 503
communal
-
-
-
7 109
surtax
-
-
-
5 578
pensions
-
-
-
16 863
total
-
-
-
49 908
Employee
75 713
-
100 492
-
income
7 313
-
14 593
-
pensions
6 056
-
8 039
-
health
3 370
-
4 472
-
surtax
4 641
-
6 159
-
total
21 380
-
33 263
-
Employer
75 713
-
100 492
-
pensions
6 056
-
8 039
-
accident
681
-
905
-
health
2 309
-
3 064
-
total
9 046
-
12 008
-
Corporate
27 741
112 500
-
-
communal
-
7 593
-
-
surtax
292
1 182
-
-
income
4 161
16 874
-
-
total
4 453
25 649
-
-
Dividends
23 288
86 851
-
-
withholding
3 493
13 027
-
-
income
13 152
5 428
-
-
total
16 645
18 455
-
-
Income
112 500
112 500
112 500
112 500
Total tax
51 524
44 104
45 271
49 908
After tax
60 976
68 396
67 229
62 592
Living cost
54 332
54 332
54 332
54 332
Free-cash
6 644
14 064
12 897
8 260

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33606
₽31764
₽45129
₽48306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
7 988
income
-
-
-
22 764
surtax
-
-
-
2 958
pensions
-
-
-
22 500
total
-
-
-
56 438
Employee
33 669
-
92 937
-
income
5 644
-
21 016
-
pensions
2 246
-
6 198
-
unemployment
2 343
-
6 468
-
health
859
-
2 370
-
other
-
-
-
-
surtax
120
-
2 666
-
total
11 212
-
38 718
-
Employer
33 669
-
92 937
-
pensions
4 489
-
12 389
-
other
-
-
-
-
health
1 531
-
4 227
-
unemployment
1 068
-
2 946
-
total
7 088
-
19 562
-
Corporate
71 743
112 500
-
-
income
18 652
29 250
-
-
total
18 652
29 250
-
-
Dividends
53 090
83 250
-
-
withholding
7 963
12 488
-
-
total
7 963
12 488
-
-
Income
112 500
112 500
112 500
112 500
Total tax
44 915
41 738
58 280
56 438
After tax
67 585
70 762
54 220
56 062
Living cost
22 456
22 456
22 456
22 456
Free-cash
45 129
48 306
31 764
33 606

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
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.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29495
₽24171
₽29982
₽32200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
28 935
municipal
-
-
-
668
national
-
-
-
24 773
regional
-
-
-
1 697
total
-
-
-
56 073
Employee
55 460
-
112 500
-
national
8 786
-
21 354
-
social contributions
18 701
-
37 934
-
municipal
294
-
596
-
regional
747
-
1 513
-
total
28 528
-
61 397
-
Employer
55 460
-
112 500
-
total
-
-
-
-
Corporate
57 040
112 500
-
-
nationa
13 689
27 000
-
-
municipal
2 835
5 591
-
-
total
16 524
32 591
-
-
Dividends
40 517
79 909
-
-
withholding
10 534
20 777
-
-
total
10 534
20 777
-
-
Income
112 500
112 500
112 500
112 500
Total tax
55 586
53 368
61 397
56 073
After tax
56 914
59 132
51 103
56 427
Living cost
26 932
26 932
26 932
26 932
Free-cash
29 982
32 200
24 171
29 495

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25204
₽27499
₽37310
₽47866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
32 850
health
-
-
-
15 187
income
-
-
-
9 669
solidarity contribution
-
-
-
-
total
-
-
-
57 706
Employee
43 515
-
83 955
-
income
5 222
-
10 075
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
5 457
-
health
5 875
-
11 334
-
total
13 925
-
26 866
-
Employer
43 515
-
83 955
-
health
3 916
-
7 556
-
social contributions
10 879
-
20 989
-
total
14 795
-
28 545
-
Corporate
54 190
112 500
-
-
income
10 296
21 375
-
-
total
10 296
21 375
-
-
Dividends
43 894
91 125
-
-
withholding
6 584
13 669
-
-
total
6 584
13 669
-
-
Income
112 500
112 500
112 500
112 500
Total tax
45 600
35 044
55 411
57 706
After tax
66 900
77 456
57 089
54 794
Living cost
29 590
29 590
29 590
29 590
Free-cash
37 310
47 866
27 499
25 204

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
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.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24237
₽663
₽30570
₽31065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
chamber of commerce
-
-
-
450
unemployment
-
-
-
6 132
health
-
-
-
8 606
income
-
-
-
20 365
surtax
-
-
-
-
pensions
-
-
-
20 813
total
-
-
-
56 366
Employee
43 704
39 843
87 357
-
income
3 893
2 939
18 092
-
pensions
4 476
4 079
8 946
-
unemployment
1 311
1 195
2 620
-
health
1 690
1 542
3 381
-
other
436
398
873
-
total
11 806
10 153
33 912
-
Employer
43 704
39 843
87 357
-
pensions
5 485
5 001
10 962
-
other
2 076
1 892
4 149
-
accident
567
518
1 136
-
health
1 653
1 506
3 301
-
payroll
1 311
1 195
2 620
-
chamber of commerce
175
159
349
-
unemployment
1 311
1 195
2 620
-
surtax
-
-
-
-
total
12 578
11 466
25 137
-
Corporate
56 219
61 190
83 566
-
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.

14 055
15 298
20 891
-
total
14 055
15 298
20 891
-
Dividends
42 164
45 892
-
-
withholding
11 594
12 621
-
-
total
11 594
12 621
-
-
Income
112 500
112 500
112 500
112 500
Total tax
50 033
49 538
79 940
56 366
After tax
62 467
62 962
32 560
56 134
Living cost
31 897
31 897
31 897
31 897
Free-cash
30 570
31 065
663
24 237

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97333
₽75958
₽90200
₽92833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
112 500
microenterprise

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

-
-
-
1 125
total
-
-
-
1 125
Employee
17 552
-
112 500
-
income
3 511
-
22 500
-
total
3 511
-
22 500
-
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%.

94 948
112 500
-
-
total
-
-
-
-
Dividends
94 948
112 500
-
-
withholding
4 747
5 625
-
-
total
4 747
5 625
-
-
Income
112 500
112 500
112 500
112 500
Total tax
8 258
5 625
22 500
1 125
After tax
104 242
106 875
90 000
111 375
Living cost
14 042
14 042
14 042
14 042
Free-cash
90 200
92 833
75 958
97 333

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30838
₽27614
₽42278
₽50640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
unemployment
-
-
-
169
health
-
-
-
11 071
income
-
-
-
23 059
pensions
-
-
-
20 546
total
-
-
-
54 845
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.

44 211
-
97 343
-
income
7 624
-
21 399
-
pensions
6 853
-
15 087
-
unemployment
63
-
137
-
health
2 855
-
6 288
-
total
17 395
-
42 911
-
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.

44 211
-
97 343
-
pensions
3 912
-
8 616
-
health
2 945
-
6 483
-
unemployment
27
-
59
-
total
6 884
-
15 158
-
Corporate
61 406
112 500
-
-
income
11 666
21 375
-
-
total
11 666
21 375
-
-
Dividends
49 740
91 125
-
-
withholding
7 460
13 668
-
-
total
7 460
13 668
-
-
Income
112 500
112 500
112 500
112 500
Total tax
43 405
35 043
58 069
54 845
After tax
69 095
77 457
54 431
57 655
Living cost
26 816
26 816
26 816
26 816
Free-cash
42 278
50 640
27 614
30 838

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34697
₽56326
-₽36262
₽25396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
12 825
income
-
-
-
21 929
total
-
-
-
34 754
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
-
112 500
-
-
income
-
24 750
-
-
total
-
24 750
-
-
Dividends
-
87 750
-
-
income
-
19 305
-
-
total
-
19 305
-
-
Income
112 500
112 500
112 500
112 500
Total tax
105 713
44 055
13 125
34 754
After tax
6 787
68 445
99 375
77 746
Living cost
43 049
43 049
43 049
43 049
Free-cash
-36 262
25 396
56 326
34 697

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30957
₽24440
₽31623
₽32630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
social contributions

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

-
-
-
39 093
income
-
-
-
11 090
surtax
-
-
-
-
total
-
-
-
50 183
Employee
45 982
-
90 909
-
income
9 564
-
25 108
-
social contributions
5 058
-
10 001
-
surtax
-
-
-
-
total
14 622
-
35 109
-
Employer
45 982
-
90 909
-
social contributions
10 921
-
21 591
-
total
10 921
-
21 591
-
Corporate
55 597
112 500
-
-
surtax
-
-
-
-
income
11 676
23 625
-
-
total
11 676
23 625
-
-
Dividends
43 921
88 875
-
-
withholding
12 298
24 885
-
-
total
12 298
24 885
-
-
Income
112 500
112 500
112 500
112 500
Total tax
49 517
48 510
56 700
50 183
After tax
62 983
63 990
55 800
62 317
Living cost
31 360
31 360
31 360
31 360
Free-cash
31 623
32 630
24 440
30 957

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16141
₽20572
₽15282
₽8410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
3 487
social contributions
-
-
-
3 205
health
-
-
-
2 772
income
-
-
-
12 485
surtax
-
-
-
-
pensions
-
-
-
26 122
total
-
-
-
48 071
Employee
62 618
-
90 548
-
income
5 464
-
14 339
-
pensions
7 083
-
4 774
-
social contributions
1 783
-
2 578
-
surtax
-
-
-
-
total
14 330
-
21 691
-
Employer
62 618
-
90 548
-
pensions
10 289
-
8 311
-
other
2 161
-
3 125
-
health
4 383
-
6 575
-
unemployment
2 537
-
3 667
-
social contributions
188
-
271
-
total
19 558
-
21 949
-
Corporate
30 324
112 500
-
-
surtax
-
-
-
-
income
8 490
31 501
-
-
total
8 490
31 501
-
-
Dividends
21 834
80 999
-
-
surtax
-
-
-
-
social contributions
3 757
13 932
-
-
withholding
2 795
10 369
-
-
total
6 552
24 301
-
-
Income
112 500
112 500
112 500
112 500
Total tax
48 930
55 802
43 640
48 071
After tax
63 570
56 698
68 860
64 429
Living cost
48 288
48 288
48 288
48 288
Free-cash
15 282
8 410
20 572
16 141

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54993
₽57981
₽67838
₽71196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
24 750
income
-
-
-
2 704
total
-
-
-
27 454
Employee
32 142
-
97 401
-
social contributions
2 089
-
6 331
-
income
-
-
3 036
-
total
2 089
-
9 367
-
Employer
32 142
-
97 401
-
social contributions
4 982
-
15 099
-
total
4 982
-
15 099
-
Corporate
75 376
112 500
-
-
income
7 538
11 251
-
-
total
7 538
11 251
-
-
Dividends
67 838
101 249
-
-
total
-
-
-
-
Income
112 500
112 500
112 500
112 500
Total tax
14 609
11 251
24 466
27 454
After tax
97 891
101 249
88 034
85 046
Living cost
30 053
30 053
30 053
30 053
Free-cash
67 838
71 196
57 981
54 993

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20867
-₽105425
-₽105425
-₽105425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
municipal
-
-
-
21 543
national
-
-
-
12 121
labour market
-
-
-
8 931
pensions
-
-
-
867
total
-
-
-
43 462
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
112 500
112 500
112 500
112 500
Total tax
169 754
169 754
169 754
43 462
After tax
-57 254
-57 254
-57 254
69 038
Living cost
48 171
48 171
48 171
48 171
Free-cash
-105 425
-105 425
-105 425
20 867

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55541
₽37303
₽5801
-₽12479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
28 430
pensions
-
-
-
4 145
total
-
-
-
35 368
Employee
33 964
-
97 509
-
income
4 659
-
19 849
-
pensions
3 825
-
7 600
-
health
3 889
-
11 165
-
total
12 373
-
38 614
-
Employer
33 964
-
97 509
-
pensions
5 522
-
10 974
-
accident
567
-
1 629
-
unemployment
832
-
2 389
-
total
6 921
-
14 992
-
Corporate
71 614
112 500
-
-
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.

64 453
101 250
-
-
total
64 453
101 250
-
-
Dividends
7 162
11 250
-
-
withholding
1 361
2 138
-
-
total
1 361
2 138
-
-
Income
112 500
112 500
112 500
112 500
Total tax
85 108
103 388
53 606
35 368
After tax
27 392
9 112
58 894
77 132
Living cost
21 591
21 591
21 591
21 591
Free-cash
5 801
-12 479
37 303
55 541

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40101
₽24676
₽34581
₽35461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
112 500
municipal
-
-
-
20 013
health
-
-
-
1 315
national
-
-
-
12 687
total
-
-
-
34 015
Employee
52 601
-
94 641
-
pensions
3 550
-
6 388
-
national
869
-
7 291
-
municipal
8 616
-
15 442
-
unemployment
789
-
1 419
-
health
393
-
1 040
-
total
14 217
-
31 580
-
Employer
52 601
-
94 641
-
pensions
9 126
-
16 421
-
accident
53
-
95
-
health
404
-
729
-
unemployment
342
-
615
-
total
9 925
-
17 860
-
Corporate
49 975
112 500
-
-
income
9 995
22 500
-
-
total
9 995
22 500
-
-
Dividends

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

29 985
67 500
-
-
municipal
5 398
12 150
-
-
national
-
4 005
-
-
total
5 398
16 155
-
-
Income
112 500
112 500
112 500
112 500
Total tax
39 535
38 655
49 440
34 015
After tax
72 965
73 845
63 060
78 485
Living cost
38 384
38 384
38 384
38 384
Free-cash
34 581
35 461
24 676
40 101

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and 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

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
₽55912
₽54836
₽53687
₽59127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
16 176
health
-
-
-
2 869
income
-
-
-
14 395
total
-
-
-
33 440
Employee
76 879
76 879
102 133
-
income
8 371
7 117
13 936
-
social contributions
2 907
6 381
8 477
-
health
596
1 307
1 736
-
total
11 874
14 805
24 149
-
Employer
76 879
76 879
102 133
-
health
647
1 423
1 890
-
social contributions
2 907
6 381
8 477
-
total
3 554
7 804
10 367
-
Corporate
73 925
27 818
-
-
income
9 240
3 478
-
-
total
9 240
3 478
-
-
Dividends
64 686
24 340
-
-
withholding
10 997
4 138
-
-
total
10 997
4 138
-
-
Income
112 500
112 500
112 500
112 500
Total tax
35 665
30 225
34 516
33 440
After tax
76 835
82 275
77 984
79 060
Living cost
23 148
23 148
23 148
23 148
Free-cash
53 687
59 127
54 836
55 912

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
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.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75699
₽55645
₽72200
₽77287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
112 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
10 921
pensions
-
-
-
6 360
total
-
-
-
20 927
Employee

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

22 948
-
102 729
-
income
1 569
-
8 443
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
31 210
-
Employer

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

22 948
-
102 729
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
87 189
112 500
-
-
income
7 847
10 126
-
-
total
7 847
10 126
-
-
Dividends
79 342
102 374
-
-
withholding
7 141
9 213
-
-
total
7 141
9 213
-
-
Income
112 500
112 500
112 500
112 500
Total tax
24 426
19 339
40 981
20 927
After tax
88 074
93 161
71 519
91 573
Living cost
15 874
15 874
15 874
15 874
Free-cash
72 200
77 287
55 645
75 699

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
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.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34022
₽30993
₽43035
₽48265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
23 184
pensions
-
-
-
26 224
total
-
-
-
50 985
Employee
36 968
-
85 304
-
income
7 127
-
21 402
-
pensions
1 738
-
4 009
-
unemployment
573
-
1 322
-
other
36
-
85
-
total
9 474
-
26 818
-
Employer
36 968
-
85 304
-
pensions
8 724
-
20 132
-
other
296
-
683
-
accident
732
-
1 689
-
unemployment
2 034
-
4 692
-
total
11 786
-
27 196
-
Corporate
63 746
112 500
-
-
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.

9 562
16 874
-
-
total
9 562
16 874
-
-
Dividends
54 184
95 626
-
-
withholding
11 150
19 868
-
-
total
11 150
19 868
-
-
Income
112 500
112 500
112 500
112 500
Total tax
41 972
36 742
54 014
50 985
After tax
70 528
75 758
58 486
61 515
Living cost
27 493
27 493
27 493
27 493
Free-cash
43 035
48 265
30 993
34 022

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68779
₽68583
₽67012
₽67462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
health
-
-
-
1 448
income
-
-
-
37 538
pensions
-
-
-
1 997
total
-
-
-
40 983
Employee
4 171
-
110 253
-
income
807
-
37 433
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
38 931
-
Employer
4 171
-
110 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
107 391
112 500
-
-
income
23 626
24 750
-
-
total
23 626
24 750
-
-
Dividends
83 765
87 750
-
-
withholding
16 753
17 550
-
-
total
16 753
17 550
-
-
Income
112 500
112 500
112 500
112 500
Total tax
42 750
42 300
41 179
40 983
After tax
69 750
70 200
71 321
71 517
Living cost
2 738
2 738
2 738
2 738
Free-cash
67 012
67 462
68 583
68 779

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43736
₽43736
₽59068
₽63988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
23 537
pensions
-
-
-
19 214
total
-
-
-
51 471
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.

26 076
-
99 272
-
income
3 594
-
23 537
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
38 243
-
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.

26 076
-
99 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
81 756
112 500
-
-
income
12 263
16 875
-
-
total
12 263
16 875
-
-
Dividends
69 493
95 625
-
-
withholding
10 424
14 344
-
-
total
10 424
14 344
-
-
Income
112 500
112 500
112 500
112 500
Total tax
36 139
31 219
51 471
51 471
After tax
76 361
81 281
61 029
61 029
Living cost
17 293
17 293
17 293
17 293
Free-cash
59 068
63 988
43 736
43 736

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35364
₽28846
₽36676
₽37036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
social contributions

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

-
-
-
39 093
income
-
-
-
11 090
surtax
-
-
-
-
total
-
-
-
50 183
Employee
38 804
-
90 909
-
income
7 582
-
25 108
-
social contributions
4 269
-
10 001
-
surtax
-
-
-
-
total
11 851
-
35 109
-
Employer
38 804
-
90 909
-
social contributions
9 215
-
21 591
-
total
9 215
-
21 591
-
Corporate
64 481
112 500
-
-
surtax
-
-
-
-
income
13 541
23 625
-
-
total
13 541
23 625
-
-
Dividends
50 940
88 875
-
-
withholding
14 264
24 885
-
-
total
14 264
24 885
-
-
Income
112 500
112 500
112 500
112 500
Total tax
48 871
48 510
56 700
50 183
After tax
63 629
63 990
55 800
62 317
Living cost
26 954
26 954
26 954
26 954
Free-cash
36 676
37 036
28 846
35 364

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26378
₽23349
₽33009
₽40621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
23 184
pensions
-
-
-
26 224
total
-
-
-
50 985
Employee
48 285
-
85 304
-
income
10 085
-
21 402
-
pensions
2 269
-
4 009
-
unemployment
748
-
1 322
-
other
47
-
85
-
total
13 149
-
26 818
-
Employer
48 285
-
85 304
-
pensions
11 395
-
20 132
-
other
387
-
683
-
accident
956
-
1 689
-
unemployment
2 656
-
4 692
-
total
15 394
-
27 196
-
Corporate
48 820
112 500
-
-
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.

7 324
16 874
-
-
total
7 324
16 874
-
-
Dividends
41 497
95 626
-
-
withholding
8 487
19 868
-
-
total
8 487
19 868
-
-
Income
112 500
112 500
112 500
112 500
Total tax
44 354
36 742
54 014
50 985
After tax
68 146
75 758
58 486
61 515
Living cost
35 137
35 137
35 137
35 137
Free-cash
33 009
40 621
23 349
26 378

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69095
₽72821
₽72890
₽78984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
16 875
pensions

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

-
-
-
5 170
total
-
-
-
26 202
Employee
22 779
-
105 647
-
income
2 278
-
10 565
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
15 623
-
Employer
22 779
-
105 647
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
85 252
112 500
-
-
income
8 525
11 250
-
-
total
8 525
11 250
-
-
Dividends
76 727
101 250
-
-
withholding
3 837
5 063
-
-
total
3 837
5 063
-
-
Income
112 500
112 500
112 500
112 500
Total tax
22 407
16 313
22 476
26 202
After tax
90 093
96 187
90 024
86 298
Living cost
17 203
17 203
17 203
17 203
Free-cash
72 890
78 984
72 821
69 095

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30283
₽39756
₽32481
₽19403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
trade
-
-
-
9 473
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.

-
-
-
6 830
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.

-
-
-
25 890
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.

-
-
-
1 425
total
-
-
-
43 618
Employee

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

49 746
-
112 500
-
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.

226
-
1 425
-
income

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

4 091
-
25 890
-
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.

6 830
-
6 830
-
total
11 147
-
34 145
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 754
112 500
-
-
trade
9 004
16 144
-
-
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.

518
928
-
-
income
9 412
16 874
-
-
chamber of commerce
245
317
-
-
total
19 179
34 263
-
-
Dividends
43 575
78 237
-
-
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.

579
1 055
-
-
withholding
10 515
19 180
-
-
total
11 094
20 235
-
-
Income
112 500
112 500
112 500
112 500
Total tax
41 420
54 498
34 145
43 618
After tax
71 080
58 002
78 355
68 882
Living cost
38 599
38 599
38 599
38 599
Free-cash
32 481
19 403
39 756
30 283

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16805
₽16805
₽24007
₽21797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
10 269
income
-
-
-
28 474
total
-
-
-
38 743
Employee
78 205
-
112 500
-
social contributions
6 497
-
10 269
-
income
14 757
-
28 474
-
total
21 254
-
38 743
-
Employer
78 205
-
112 500
-
total
-
-
-
-
Corporate
34 295
112 500
-
-
income
4 286
14 063
-
-
total
4 286
14 063
-
-
Dividends
30 009
98 437
-
-
withholding
6 001
19 688
-
-
total
6 001
19 688
-
-
Income
112 500
112 500
112 500
112 500
Total tax
31 541
33 751
38 743
38 743
After tax
80 959
78 749
73 757
73 757
Living cost
56 952
56 952
56 952
56 952
Free-cash
24 007
21 797
16 805
16 805

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41072
₽46525
₽35045
₽31552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
health

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

-
-
-
6 677
income
-
-
-
28 459
total
-
-
-
35 136
Employee
45 864
-
107 901
-
social contributions
4 595
-
4 599
-
income
4 977
-
20 485
-
total
9 572
-
25 084
-
Employer
45 864
-
107 901
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
62 041
112 500
-
-
income
21 714
39 374
-
-
total
21 714
39 374
-
-
Dividends
40 326
73 126
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
112 500
112 500
112 500
112 500
Total tax
41 163
44 656
29 683
35 136
After tax
71 337
67 844
82 817
77 364
Living cost
36 292
36 292
36 292
36 292
Free-cash
35 045
31 552
46 525
41 072

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42100
₽31814
₽41256
₽43254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
income
-
-
-
25 285
pensions
-
-
-
7 756
total
-
-
-
33 041
Employee
51 281
-
98 873
-
income
9 339
-
18 429
-
pensions
3 914
-
9 627
-
health
669
-
1 644
-
total
13 922
-
29 700
-
Employer
51 281
-
98 873
-
pensions
5 181
-
11 749
-
health
975
-
1 878
-
total
6 156
-
13 627
-
Corporate
55 063
112 500
-
-
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.

10 462
21 375
-
-
total
10 462
21 375
-
-
Dividends
44 602
91 125
-
-
withholding
3 345
10 512
-
-
total
3 345
10 512
-
-
Income
112 500
112 500
112 500
112 500
Total tax
33 885
31 887
43 327
33 041
After tax
78 615
80 613
69 173
79 459
Living cost
37 359
37 359
37 359
37 359
Free-cash
41 256
43 254
31 814
42 100

Estimated living cost  is ₽37359 per week

₽25628
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.
₽467
Clothing and shoes. We estimate one pair of shoes and 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

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
₽53404
₽35166
₽5473
-₽14616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
28 430
pensions
-
-
-
4 145
total
-
-
-
35 368
Employee
37 326
-
97 509
-
income
5 121
-
19 849
-
pensions
4 203
-
7 600
-
health
4 274
-
11 165
-
total
13 598
-
38 614
-
Employer
37 326
-
97 509
-
pensions
6 069
-
10 974
-
accident
623
-
1 629
-
unemployment
914
-
2 389
-
total
7 606
-
14 992
-
Corporate
67 568
112 500
-
-
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.

60 811
101 250
-
-
total
60 811
101 250
-
-
Dividends
6 757
11 250
-
-
withholding
1 284
2 138
-
-
total
1 284
2 138
-
-
Income
112 500
112 500
112 500
112 500
Total tax
83 299
103 388
53 606
35 368
After tax
29 201
9 112
58 894
77 132
Living cost
23 728
23 728
23 728
23 728
Free-cash
5 473
-14 616
35 166
53 404

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50475
₽59433
₽77264
₽81168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
112 500
work injury
-
-
-
562
unemployment
-
-
-
1 350
income
-
-
-
17 587
health insurance
-
-
-
8 325
pensions
-
-
-
20 700
total
-
-
-
48 524
Employee

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

21 601
-
112 500
-
income
2 160
-
17 587
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
39 566
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 899
112 500
-
-
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%.

-
1 125
-
-
total
-
1 125
-
-
Dividends
90 899
111 375
-
-
withholding
13 635
16 706
-
-
total
13 635
16 706
-
-
Income
112 500
112 500
112 500
112 500
Total tax
21 735
17 831
39 566
48 524
After tax
90 765
94 669
72 934
63 976
Living cost
13 501
13 501
13 501
13 501
Free-cash
77 264
81 168
59 433
50 475

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15849
₽10703
₽14879
₽19428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
112 500
social contributions
-
-
-
28 935
municipal
-
-
-
751
national
-
-
-
24 773
regional
-
-
-
2 363
total
-
-
-
56 822
Employee
84 248
-
112 500
-
national
14 237
-
21 354
-
social contributions
28 408
-
37 934
-
municipal
503
-
672
-
regional
1 272
-
2 008
-
total
44 420
-
61 968
-
Employer
84 248
-
112 500
-
total
-
-
-
-
Corporate
28 252
112 500
-
-
nationa
6 781
27 000
-
-
municipal
1 362
5 422
-
-
total
8 143
32 422
-
-
Dividends
20 109
80 077
-
-
withholding
5 229
20 821
-
-
total
5 229
20 821
-
-
Income
112 500
112 500
112 500
112 500
Total tax
57 792
53 243
61 968
56 822
After tax
54 708
59 257
50 532
55 678
Living cost
39 829
39 829
39 829
39 829
Free-cash
14 879
19 428
10 703
15 849

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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