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
₽ 113500
per

Your estimated
City
free-cash

Dresden , Germany
₽36142
₽46697
₽38125
₽27063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
trade
-
-
-
10 555
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.

-
-
-
28 142
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.

-
-
-
1 548
total
-
-
-
47 075
Employee

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

38 240
-
113 500
-
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
-
1 548
-
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
-
28 142
-
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
-
36 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 260
113 500
-
-
trade
11 854
17 876
-
-
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.

620
937
-
-
income
11 289
17 024
-
-
chamber of commerce
260
315
-
-
total
24 023
36 152
-
-
Dividends
51 237
77 347
-
-
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.

683
1 044
-
-
withholding
12 429
18 958
-
-
total
13 112
20 002
-
-
Income
113 500
113 500
113 500
113 500
Total tax
45 092
56 154
36 520
47 075
After tax
68 408
57 346
76 980
66 425
Living cost
30 283
30 283
30 283
30 283
Free-cash
38 125
27 063
46 697
36 142

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
₽17626
₽18515
₽19536
₽20375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
1 220
municipal
-
-
-
11 996
national
-
-
-
18 589
pensions
-
-
-
13 620
total
-
-
-
45 425
Employee
78 206
-
98 120
-
pensions
3 128
-
3 925
-
national
14 969
-
19 270
-
municipal
9 660
-
12 436
-
total
27 757
-
35 631
-
Employer
78 206
-
98 120
-
pensions
6 256
-
7 850
-
social contributions
841
-
1 055
-
total
7 097
-
8 905
-
Corporate
23 036
113 500
-
-
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%.

4 607
22 700
-
-
total
4 607
22 700
-
-
Dividends
18 428
90 800
-
-
withholding
4 054
19 976
-
-
total
4 054
19 976
-
-
Income
113 500
113 500
113 500
113 500
Total tax
43 515
42 676
44 536
45 425
After tax
69 985
70 824
68 964
68 075
Living cost
50 449
50 449
50 449
50 449
Free-cash
19 536
20 375
18 515
17 626

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
₽39636
₽43022
₽61799
₽70001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
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.

-
-
-
36 490
income
-
-
-
16 574
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
53 064
Employee
29 214
-
91 465
-
income
5 200
-
17 584
-
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
-
10 061
-
surtax
-
-
-
-
total
8 414
-
27 645
-
Employer
29 214
-
91 465
-
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
-
22 033
-
surtax
-
-
-
-
total
7 037
-
22 033
-
Corporate
77 249
113 500
-
-
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%.

15 450
22 699
-
-
total
15 450
22 699
-
-
Dividends

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

61 799
90 801
-
-
total
-
-
-
-
Income
113 500
113 500
113 500
113 500
Total tax
30 901
22 699
49 678
53 064
After tax
82 599
90 801
63 822
60 436
Living cost
20 800
20 800
20 800
20 800
Free-cash
61 799
70 001
43 022
39 636

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
₽22886
₽17230
₽7252
₽13379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
health
-
-
-
12 329
income
-
-
-
24 689
pensions
-
-
-
11 714
total
-
-
-
48 732
Employee
85 378
85 378
96 588
-
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
11 786
-
total
42 448
36 836
37 475
-
Employer
85 378
85 378
96 588
-
pensions
5 942
5 942
6 722
-
health
5 935
5 935
6 713
-
unemployment
3 074
3 074
3 478
-
total
14 951
14 951
16 913
-
Corporate
14 219
13 172
-
-
income
2 844
2 633
-
-
total
2 844
2 633
-
-
Dividends
11 375
10 538
-
-
withholding
1 706
1 580
-
-
income
2 417
2 239
-
-
total
4 123
3 819
-
-
Income
113 500
113 500
113 500
113 500
Total tax
64 366
58 239
54 388
48 732
After tax
49 134
55 261
59 112
64 768
Living cost
41 882
41 882
41 882
41 882
Free-cash
7 252
13 379
17 230
22 886

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
₽22165
₽21129
₽22653
₽23517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
26 565
health
-
-
-
5 259
national
-
-
-
1 902
pensions
-
-
-
9 110
total
-
-
-
52 881
Employee
54 793
-
87 020
-
national
-
-
1 489
-
municipal
16 339
-
25 949
-
total
16 339
-
27 438
-
Employer
54 793
-
87 020
-
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
41 491
113 500
-
-
income
9 128
24 970
-
-
total
9 128
24 970
-
-
Dividends
32 363
88 530
-
-
withholding
9 709
26 559
-
-
total
9 709
26 559
-
-
Income
113 500
113 500
113 500
113 500
Total tax
52 393
51 529
53 917
52 881
After tax
61 107
61 971
59 583
60 619
Living cost
38 454
38 454
38 454
38 454
Free-cash
22 653
23 517
21 129
22 165

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
₽26679
₽37704
₽31537
₽17489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
trade
-
-
-
11 025
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.

-
-
-
28 142
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.

-
-
-
1 548
total
-
-
-
47 545
Employee

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

50 701
-
113 500
-
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
-
1 548
-
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
-
28 142
-
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
-
36 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 799
113 500
-
-
trade
10 331
18 671
-
-
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
937
-
-
income
9 420
17 024
-
-
chamber of commerce
241
313
-
-
total
20 510
36 945
-
-
Dividends
42 289
76 554
-
-
surtax

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

560
1 032
-
-
withholding
10 192
18 758
-
-
total
10 752
19 790
-
-
Income
113 500
113 500
113 500
113 500
Total tax
42 687
56 735
36 520
47 545
After tax
70 813
56 765
76 980
65 955
Living cost
39 276
39 276
39 276
39 276
Free-cash
31 537
17 489
37 704
26 679

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
₽47316
₽46128
₽46429
₽50574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
16 176
health
-
-
-
2 893
income
-
-
-
14 687
total
-
-
-
33 756
Employee
76 879
76 879
103 040
-
income
8 073
7 117
14 180
-
social contributions
3 736
6 381
8 553
-
health
765
1 307
1 751
-
total
12 574
14 805
24 484
-
Employer
76 879
76 879
103 040
-
health
833
1 423
1 907
-
social contributions
3 736
6 381
8 553
-
total
4 569
7 804
10 460
-
Corporate
63 930
28 818
-
-
income
7 991
3 603
-
-
total
7 991
3 603
-
-
Dividends
55 939
25 215
-
-
withholding
9 509
4 286
-
-
total
9 509
4 286
-
-
Income
113 500
113 500
113 500
113 500
Total tax
34 643
30 498
34 944
33 756
After tax
78 857
83 002
78 556
79 744
Living cost
32 428
32 428
32 428
32 428
Free-cash
46 429
50 574
46 128
47 316

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
₽60393
₽47561
₽46036
₽45656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
unemployment
-
-
-
1 702
health
-
-
-
7 945
income
-
-
-
13 875
pensions
-
-
-
11 350
total
-
-
-
34 872
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
94 979
-
income
3 218
1 281
11 611
-
pensions
2 632
1 048
9 498
-
unemployment
395
157
1 425
-
health
1 843
733
6 649
-
total
8 088
3 219
29 183
-
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
94 979
-
pensions
5 133
2 043
18 521
-
total
5 133
2 043
18 521
-
Corporate
82 044
100 981
-
-
income
7 384
9 088
-
-
total
7 384
9 088
-
-
Dividends
74 660
91 893
-
-
social contributions
14 439
17 799
-
-
withholding
14 185
17 460
-
-
total
28 624
35 259
-
-
Income
113 500
113 500
113 500
113 500
Total tax
49 229
49 609
47 704
34 872
After tax
64 271
63 891
65 796
78 628
Living cost
18 235
18 235
18 235
18 235
Free-cash
46 036
45 656
47 561
60 393

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
₽36686
₽41272
₽60442
₽66652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
health
-
-
-
14 755
income
-
-
-
15 209
pensions
-
-
-
22 701
total
-
-
-
52 665
Employee
28 362
-
84 828
-
income
3 193
-
16 355
-
pensions
567
-
1 696
-
unemployment
453
-
1 357
-
total
4 213
-
19 408
-
Employer
28 362
-
84 828
-
pensions
5 673
-
16 965
-
health
3 686
-
11 027
-
unemployment
228
-
679
-
total
9 587
-
28 671
-
Corporate
75 551
113 500
-
-
income
15 110
22 699
-
-
total
15 110
22 699
-
-
Dividends
60 441
90 801
-
-
total
-
-
-
-
Income
113 500
113 500
113 500
113 500
Total tax
28 910
22 699
48 079
52 665
After tax
84 590
90 801
65 421
60 835
Living cost
24 148
24 148
24 148
24 148
Free-cash
60 442
66 652
41 272
36 686

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
₽55898
₽37560
₽5832
-₽12721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
28 750
pensions
-
-
-
4 145
total
-
-
-
35 688
Employee
34 472
-
98 469
-
income
4 729
-
20 121
-
pensions
3 882
-
7 600
-
health
3 947
-
11 275
-
total
12 558
-
38 996
-
Employer
34 472
-
98 469
-
pensions
5 605
-
10 974
-
accident
575
-
1 644
-
unemployment
845
-
2 412
-
total
7 025
-
15 030
-
Corporate
72 003
113 500
-
-
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.

64 803
102 150
-
-
total
64 803
102 150
-
-
Dividends
7 200
11 350
-
-
withholding
1 368
2 157
-
-
total
1 368
2 157
-
-
Income
113 500
113 500
113 500
113 500
Total tax
85 754
104 307
54 026
35 688
After tax
27 746
9 193
59 474
77 812
Living cost
21 914
21 914
21 914
21 914
Free-cash
5 832
-12 721
37 560
55 898

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
₽103354
₽81789
₽97125
₽98814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
113 500
microenterprise

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

-
-
-
1 135
total
-
-
-
1 135
Employee
11 263
-
113 500
-
income
2 252
-
22 700
-
total
2 252
-
22 700
-
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%.

102 237
113 500
-
-
total
-
-
-
-
Dividends
102 237
113 500
-
-
withholding
5 112
5 675
-
-
total
5 112
5 675
-
-
Income
113 500
113 500
113 500
113 500
Total tax
7 364
5 675
22 700
1 135
After tax
106 136
107 825
90 800
112 365
Living cost
9 011
9 011
9 011
9 011
Free-cash
97 125
98 814
81 789
103 354

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
₽34497
₽39192
₽50000
₽56748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
5 392
health
-
-
-
4 994
income
-
-
-
14 738
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.

-
-
-
27 239
total
-
-
-
52 363
Employee
36 301
-
90 655
-
income
6 250
-
16 303
-
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
-
6 345
-
unemployment
362
-
907
-
health
508
-
1 269
-
total
9 660
-
24 824
-
Employer
36 301
-
90 655
-
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
-
15 410
-
other
1 816
-
4 533
-
accident
290
-
725
-
health
508
-
1 269
-
unemployment
362
-
907
-
total
9 148
-
22 844
-
Corporate
68 050
113 500
-
-
income
14 290
23 836
-
-
total
14 290
23 836
-
-
Dividends
53 760
89 664
-
-
withholding
3 762
6 276
-
-
total
3 762
6 276
-
-
Income
113 500
113 500
113 500
113 500
Total tax
36 860
30 112
47 668
52 363
After tax
76 640
83 388
65 832
61 137
Living cost
26 640
26 640
26 640
26 640
Free-cash
50 000
56 748
39 192
34 497

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
₽12781
₽2358
₽3961
₽13895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
income
-
-
-
25 677
pensions
-
-
-
7 776
total
-
-
-
33 453
Employee
95 171
-
99 736
-
income
17 156
-
18 726
-
pensions
9 181
-
9 729
-
health
1 568
-
1 661
-
total
27 905
-
30 116
-
Employer
95 171
-
99 736
-
pensions
11 237
-
11 866
-
health
1 807
-
1 894
-
total
13 044
-
13 760
-
Corporate
5 284
113 500
-
-
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.

1 003
21 566
-
-
total
1 003
21 566
-
-
Dividends
4 281
91 934
-
-
withholding
321
10 773
-
-
total
321
10 773
-
-
Income
113 500
113 500
113 500
113 500
Total tax
42 273
32 339
43 876
33 453
After tax
71 227
81 161
69 624
80 047
Living cost
67 266
67 266
67 266
67 266
Free-cash
3 961
13 895
2 358
12 781

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
₽74037
₽77814
₽79287
₽83931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
17 025
pensions

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

-
-
-
5 170
total
-
-
-
26 352
Employee
17 361
-
106 647
-
income
1 736
-
10 664
-
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
-
15 722
-
Employer
17 361
-
106 647
-
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
92 732
113 500
-
-
income
9 273
11 350
-
-
total
9 273
11 350
-
-
Dividends
83 459
102 150
-
-
withholding
4 173
5 108
-
-
total
4 173
5 108
-
-
Income
113 500
113 500
113 500
113 500
Total tax
21 102
16 458
22 575
26 352
After tax
92 398
97 042
90 925
87 148
Living cost
13 111
13 111
13 111
13 111
Free-cash
79 287
83 931
77 814
74 037

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
₽9328
₽3672
₽2336
-₽179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
health
-
-
-
12 329
income
-
-
-
24 689
pensions
-
-
-
11 714
total
-
-
-
48 732
Employee
92 693
85 378
96 588
-
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
11 786
-
total
37 253
36 836
37 475
-
Employer
92 693
85 378
96 588
-
pensions
6 451
5 942
6 722
-
health
6 441
5 935
6 713
-
unemployment
3 337
3 074
3 478
-
total
16 229
14 951
16 913
-
Corporate
4 578
13 172
-
-
income
916
2 633
-
-
total
916
2 633
-
-
Dividends
3 662
10 538
-
-
withholding
548
1 580
-
-
income
778
2 239
-
-
total
1 326
3 819
-
-
Income
113 500
113 500
113 500
113 500
Total tax
55 724
58 239
54 388
48 732
After tax
57 776
55 261
59 112
64 768
Living cost
55 440
55 440
55 440
55 440
Free-cash
2 336
-179
3 672
9 328

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
₽31267
₽33584
₽45566
₽54132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
33 142
health
-
-
-
15 323
income
-
-
-
9 755
solidarity contribution
-
-
-
-
total
-
-
-
58 220
Employee
35 313
-
84 702
-
income
4 238
-
10 164
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
5 506
-
health
4 767
-
11 435
-
total
11 300
-
27 105
-
Employer
35 313
-
84 702
-
health
3 178
-
7 623
-
social contributions
8 828
-
21 175
-
total
12 006
-
28 798
-
Corporate
66 180
113 500
-
-
income
12 574
21 565
-
-
total
12 574
21 565
-
-
Dividends
53 606
91 935
-
-
withholding
8 041
13 790
-
-
total
8 041
13 790
-
-
Income
113 500
113 500
113 500
113 500
Total tax
43 921
35 355
55 903
58 220
After tax
69 579
78 145
57 597
55 280
Living cost
24 013
24 013
24 013
24 013
Free-cash
45 566
54 132
33 584
31 267

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
₽15115
₽9717
₽13148
₽18372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
29 192
municipal
-
-
-
674
national
-
-
-
25 055
regional
-
-
-
1 277
total
-
-
-
56 198
Employee
88 855
-
113 500
-
national
15 396
-
21 604
-
social contributions
29 962
-
38 272
-
municipal
471
-
601
-
regional
838
-
1 119
-
total
46 667
-
61 596
-
Employer
88 855
-
113 500
-
total
-
-
-
-
Corporate
24 645
113 500
-
-
nationa
5 916
27 239
-
-
municipal
962
4 426
-
-
total
6 878
31 665
-
-
Dividends
17 768
81 834
-
-
withholding
4 620
21 276
-
-
total
4 620
21 276
-
-
Income
113 500
113 500
113 500
113 500
Total tax
58 165
52 941
61 596
56 198
After tax
55 335
60 559
51 904
57 302
Living cost
42 187
42 187
42 187
42 187
Free-cash
13 148
18 372
9 717
15 115

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
₽34346
₽32486
₽46219
₽49330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
8 060
income
-
-
-
23 092
surtax
-
-
-
3 013
pensions
-
-
-
22 699
total
-
-
-
57 092
Employee
33 062
-
93 761
-
income
5 542
-
21 325
-
pensions
2 205
-
6 253
-
unemployment
2 301
-
6 527
-
health
844
-
2 391
-
other
-
-
-
-
surtax
108
-
2 719
-
total
11 000
-
39 215
-
Employer
33 062
-
93 761
-
pensions
4 407
-
12 497
-
other
-
-
-
-
health
1 505
-
4 267
-
unemployment
1 047
-
2 973
-
total
6 959
-
19 737
-
Corporate
73 478
113 500
-
-
income
19 104
29 510
-
-
total
19 104
29 510
-
-
Dividends
54 375
83 990
-
-
withholding
8 156
12 598
-
-
total
8 156
12 598
-
-
Income
113 500
113 500
113 500
113 500
Total tax
45 219
42 108
58 952
57 092
After tax
68 281
71 392
54 548
56 408
Living cost
22 062
22 062
22 062
22 062
Free-cash
46 219
49 330
32 486
34 346

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
₽34093
₽23670
₽31170
₽35207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
income
-
-
-
25 677
pensions
-
-
-
7 776
total
-
-
-
33 453
Employee
63 781
-
99 736
-
income
11 487
-
18 726
-
pensions
5 414
-
9 729
-
health
926
-
1 661
-
total
17 827
-
30 116
-
Employer
63 781
-
99 736
-
pensions
6 904
-
11 866
-
health
1 212
-
1 894
-
total
8 116
-
13 760
-
Corporate
41 603
113 500
-
-
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.

7 906
21 566
-
-
total
7 906
21 566
-
-
Dividends
33 697
91 934
-
-
withholding
2 527
10 773
-
-
total
2 527
10 773
-
-
Income
113 500
113 500
113 500
113 500
Total tax
36 376
32 339
43 876
33 453
After tax
77 124
81 161
69 624
80 047
Living cost
45 954
45 954
45 954
45 954
Free-cash
31 170
35 207
23 670
34 093

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
₽18512
₽12881
₽8662
-₽23673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
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.

-
-
-
2 269
health
-
-
-
256
city
-
-
-
1 196
national
-
-
-
955
regional
-
-
-
4 295
pensions
-
-
-
10 443
total
-
-
-
19 414
Employee
88 441
-
101 588
-
pensions
7 430
-
8 533
-
national
419
-
722
-
unemployment
-
-
-
-
city
949
-
1 091
-
health
200
-
229
-
regional
2 896
-
3 676
-
total
11 894
-
14 251
-
Employer
88 441
-
101 588
-
pensions
7 430
-
8 533
-
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
-
2 032
-
health
200
-
229
-
unemployment
-
-
-
-
total
9 398
-
10 794
-
Corporate
14 688
113 500
-
-
regional
3 106
24 005
-
-
national
1 248
9 647
-
-
total
4 354
33 652
-
-
Dividends
10 335
79 849
-
-
withholding
3 618
27 947
-
-
total
3 618
27 947
-
-
Income
113 500
113 500
113 500
113 500
Total tax
29 264
61 599
25 045
19 414
After tax
84 236
51 901
88 455
94 086
Living cost
75 574
75 574
75 574
75 574
Free-cash
8 662
-23 673
12 881
18 512

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
₽19685
₽31179
₽26593
₽10379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
trade
-
-
-
11 494
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.

-
-
-
28 142
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.

-
-
-
1 548
total
-
-
-
48 014
Employee

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

60 085
-
113 500
-
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
-
1 548
-
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
-
28 142
-
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
-
36 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 415
113 500
-
-
trade
9 160
19 466
-
-
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.

440
937
-
-
income
8 012
17 024
-
-
chamber of commerce
228
311
-
-
total
17 840
37 738
-
-
Dividends
35 575
75 761
-
-
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.

469
1 021
-
-
withholding
8 513
18 561
-
-
total
8 982
19 582
-
-
Income
113 500
113 500
113 500
113 500
Total tax
41 106
57 320
36 520
48 014
After tax
72 394
56 180
76 980
65 486
Living cost
45 801
45 801
45 801
45 801
Free-cash
26 593
10 379
31 179
19 685

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
₽30768
₽35102
₽28904
₽23000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
3 518
social contributions
-
-
-
3 235
health
-
-
-
2 844
income
-
-
-
12 723
surtax
-
-
-
-
pensions
-
-
-
26 206
total
-
-
-
48 526
Employee
42 789
-
91 277
-
income
2 525
-
14 531
-
pensions
4 838
-
4 846
-
social contributions
1 220
-
2 599
-
surtax
-
-
-
-
total
8 583
-
21 976
-
Employer
42 789
-
91 277
-
pensions
7 029
-
8 428
-
other
1 476
-
3 149
-
health
2 996
-
6 670
-
unemployment
1 732
-
3 696
-
social contributions
129
-
273
-
total
13 362
-
22 216
-
Corporate
57 348
113 500
-
-
surtax
-
-
-
-
income
16 057
31 779
-
-
total
16 057
31 779
-
-
Dividends
41 291
81 721
-
-
surtax
-
-
-
-
social contributions
7 102
14 055
-
-
withholding
5 286
10 460
-
-
total
12 388
24 515
-
-
Income
113 500
113 500
113 500
113 500
Total tax
50 390
56 294
44 192
48 526
After tax
63 110
57 206
69 308
64 974
Living cost
34 206
34 206
34 206
34 206
Free-cash
28 904
23 000
35 102
30 768

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
₽34157
₽38491
₽31943
₽26389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
3 518
social contributions
-
-
-
3 235
health
-
-
-
2 844
income
-
-
-
12 723
surtax
-
-
-
-
pensions
-
-
-
26 206
total
-
-
-
48 526
Employee
38 195
-
91 277
-
income
1 969
-
14 531
-
pensions
4 320
-
4 846
-
social contributions
1 089
-
2 599
-
surtax
-
-
-
-
total
7 378
-
21 976
-
Employer
38 195
-
91 277
-
pensions
6 276
-
8 428
-
other
1 319
-
3 149
-
health
2 673
-
6 670
-
unemployment
1 546
-
3 696
-
social contributions
114
-
273
-
total
11 928
-
22 216
-
Corporate
63 376
113 500
-
-
surtax
-
-
-
-
income
17 745
31 779
-
-
total
17 745
31 779
-
-
Dividends
45 631
81 721
-
-
surtax
-
-
-
-
social contributions
7 849
14 055
-
-
withholding
5 840
10 460
-
-
total
13 689
24 515
-
-
Income
113 500
113 500
113 500
113 500
Total tax
50 740
56 294
44 192
48 526
After tax
62 760
57 206
69 308
64 974
Living cost
30 817
30 817
30 817
30 817
Free-cash
31 943
26 389
38 491
34 157

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
₽51691
₽51188
₽48564
₽48044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
15 662
health
-
-
-
7 923
income
-
-
-
17 024
total
-
-
-
40 609
Employee
33 899
-
113 500
-
income
5 654
-
17 527
-
social contributions
4 679
-
15 662
-
health
2 366
-
7 923
-
total
12 699
-
41 112
-
Employer
33 899
-
113 500
-
total
-
-
-
-
Corporate
79 601
113 500
-
-
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%.

3 980
5 675
-
-
total
3 980
5 675
-
-
Dividends
75 621
107 825
-
-
social contributions
10 435
14 880
-
-
health
5 278
7 527
-
-
withholding
11 344
16 174
-
-
total
27 057
38 581
-
-
Income
113 500
113 500
113 500
113 500
Total tax
43 736
44 256
41 112
40 609
After tax
69 764
69 244
72 388
72 891
Living cost
21 200
21 200
21 200
21 200
Free-cash
48 564
48 044
51 188
51 691

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
₽21133
-₽2536
₽26624
₽28170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
chamber of commerce
-
-
-
453
unemployment
-
-
-
6 132
health
-
-
-
8 682
income
-
-
-
20 677
surtax
-
-
-
197
pensions
-
-
-
20 997
total
-
-
-
57 138
Employee
49 965
39 843
87 982
-
income
5 688
2 939
18 307
-
pensions
5 117
4 079
9 010
-
unemployment
1 499
1 195
2 639
-
health
1 933
1 542
3 406
-
other
499
398
880
-
total
14 736
10 153
34 242
-
Employer
49 965
39 843
87 982
-
pensions
6 271
5 001
11 042
-
other
2 373
1 892
4 180
-
accident
649
518
1 144
-
health
1 888
1 506
3 326
-
payroll
1 499
1 195
2 639
-
chamber of commerce
199
159
351
-
unemployment
1 499
1 195
2 639
-
surtax
197
197
197
-
total
14 575
11 663
25 518
-
Corporate
48 960
61 993
84 187
-
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.

12 239
15 499
21 047
-
total
12 239
15 499
21 047
-
Dividends
36 721
46 494
-
-
withholding
10 097
12 786
-
-
total
10 097
12 786
-
-
Income
113 500
113 500
113 500
113 500
Total tax
51 647
50 101
80 807
57 138
After tax
61 853
63 399
32 693
56 362
Living cost
35 229
35 229
35 229
35 229
Free-cash
26 624
28 170
-2 536
21 133

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
₽15278
₽6983
₽12158
₽27154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
18 266
communal

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

-
-
-
5 715
national
-
-
-
37 788
total
-
-
-
61 769
Employee

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

71 515
-
87 911
-
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
-
6 593
-
national
21 987
-
28 399
-
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
-
765
-
communal

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

3 730
-
4 586
-
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
-
4 132
-
total
35 063
-
44 475
-
Employer

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

71 515
-
87 911
-
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
-
7 788
-
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
-
1 142
-
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
-
5 407
-
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
-
1 283
-
surtax
8 109
-
9 968
-
total
20 818
-
25 588
-
Corporate
21 168
113 500
-
-
surtax
85
453
-
-
income
4 233
22 699
-
-
total
4 318
23 152
-
-
Dividends
16 850
90 347
-
-
withholding

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

4 690
26 740
-
-
total
4 690
26 740
-
-
Income
113 500
113 500
113 500
113 500
Total tax
64 889
49 892
70 063
61 769
After tax
48 611
63 608
43 437
51 731
Living cost
36 454
36 454
36 454
36 454
Free-cash
12 158
27 154
6 983
15 278

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
₽26039
₽22827
₽32370
₽40306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
23 554
pensions
-
-
-
26 224
total
-
-
-
51 355
Employee
49 767
-
86 063
-
income
10 501
-
21 666
-
pensions
2 339
-
4 045
-
unemployment
772
-
1 334
-
other
49
-
85
-
total
13 661
-
27 130
-
Employer
49 767
-
86 063
-
pensions
11 744
-
20 310
-
other
397
-
689
-
accident
985
-
1 704
-
unemployment
2 738
-
4 734
-
total
15 864
-
27 437
-
Corporate
47 870
113 500
-
-
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.

7 181
17 024
-
-
total
7 181
17 024
-
-
Dividends
40 689
96 476
-
-
withholding
8 318
20 064
-
-
total
8 318
20 064
-
-
Income
113 500
113 500
113 500
113 500
Total tax
45 024
37 088
54 567
51 355
After tax
68 476
76 412
58 933
62 145
Living cost
36 106
36 106
36 106
36 106
Free-cash
32 370
40 306
22 827
26 039

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
₽8666
₽13315
₽7163
₽14631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
accident
-
-
-
956
health
-
-
-
7 974
income
-
-
-
11 758
communal
-
-
-
7 174
surtax
-
-
-
5 627
pensions
-
-
-
17 013
total
-
-
-
50 502
Employee
75 713
-
101 384
-
income
7 313
-
14 899
-
pensions
6 056
-
8 111
-
health
3 370
-
4 512
-
surtax
4 641
-
6 214
-
total
21 380
-
33 736
-
Employer
75 713
-
101 384
-
pensions
6 056
-
8 111
-
accident
681
-
913
-
health
2 309
-
3 093
-
total
9 046
-
12 117
-
Corporate
28 741
113 500
-
-
communal
-
7 661
-
-
surtax
302
1 191
-
-
income
4 311
17 024
-
-
total
4 613
25 876
-
-
Dividends
24 129
87 623
-
-
withholding
3 620
13 144
-
-
income
13 346
5 517
-
-
total
16 966
18 661
-
-
Income
113 500
113 500
113 500
113 500
Total tax
52 005
44 537
45 853
50 502
After tax
61 495
68 963
67 647
62 998
Living cost
54 332
54 332
54 332
54 332
Free-cash
7 163
14 631
13 315
8 666

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
₽33952
₽32092
₽45755
₽48936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
8 060
income
-
-
-
23 092
surtax
-
-
-
3 013
pensions
-
-
-
22 699
total
-
-
-
57 092
Employee
33 669
-
93 761
-
income
5 644
-
21 325
-
pensions
2 246
-
6 253
-
unemployment
2 343
-
6 527
-
health
859
-
2 391
-
other
-
-
-
-
surtax
120
-
2 719
-
total
11 212
-
39 215
-
Employer
33 669
-
93 761
-
pensions
4 489
-
12 497
-
other
-
-
-
-
health
1 531
-
4 267
-
unemployment
1 068
-
2 973
-
total
7 088
-
19 737
-
Corporate
72 743
113 500
-
-
income
18 914
29 510
-
-
total
18 914
29 510
-
-
Dividends
53 829
83 990
-
-
withholding
8 075
12 598
-
-
total
8 075
12 598
-
-
Income
113 500
113 500
113 500
113 500
Total tax
45 289
42 108
58 952
57 092
After tax
68 211
71 392
54 548
56 408
Living cost
22 456
22 456
22 456
22 456
Free-cash
45 755
48 936
32 092
33 952

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
₽29935
₽24563
₽30506
₽32727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
29 192
municipal
-
-
-
674
national
-
-
-
25 055
regional
-
-
-
1 712
total
-
-
-
56 633
Employee
55 460
-
113 500
-
national
8 786
-
21 604
-
social contributions
18 701
-
38 272
-
municipal
294
-
601
-
regional
747
-
1 528
-
total
28 528
-
62 005
-
Employer
55 460
-
113 500
-
total
-
-
-
-
Corporate
58 040
113 500
-
-
nationa
13 930
27 239
-
-
municipal
2 884
5 641
-
-
total
16 814
32 880
-
-
Dividends
41 227
80 620
-
-
withholding
10 720
20 961
-
-
total
10 720
20 961
-
-
Income
113 500
113 500
113 500
113 500
Total tax
56 062
53 841
62 005
56 633
After tax
57 438
59 659
51 495
56 867
Living cost
26 932
26 932
26 932
26 932
Free-cash
30 506
32 727
24 563
29 935

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
₽25690
₽28007
₽37998
₽48555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
33 142
health
-
-
-
15 323
income
-
-
-
9 755
solidarity contribution
-
-
-
-
total
-
-
-
58 220
Employee
43 515
-
84 702
-
income
5 222
-
10 164
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
5 506
-
health
5 875
-
11 435
-
total
13 925
-
27 105
-
Employer
43 515
-
84 702
-
health
3 916
-
7 623
-
social contributions
10 879
-
21 175
-
total
14 795
-
28 798
-
Corporate
55 190
113 500
-
-
income
10 486
21 565
-
-
total
10 486
21 565
-
-
Dividends
44 703
91 935
-
-
withholding
6 706
13 790
-
-
total
6 706
13 790
-
-
Income
113 500
113 500
113 500
113 500
Total tax
45 912
35 355
55 903
58 220
After tax
67 588
78 145
57 597
55 280
Living cost
29 590
29 590
29 590
29 590
Free-cash
37 998
48 555
28 007
25 690

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
₽24662
₽829
₽31113
₽31610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
chamber of commerce
-
-
-
453
unemployment
-
-
-
6 132
health
-
-
-
8 682
income
-
-
-
20 677
surtax
-
-
-
-
pensions
-
-
-
20 997
total
-
-
-
56 941
Employee
43 704
39 843
88 131
-
income
3 893
2 939
18 358
-
pensions
4 476
4 079
9 025
-
unemployment
1 311
1 195
2 645
-
health
1 690
1 542
3 411
-
other
436
398
882
-
total
11 806
10 153
34 321
-
Employer
43 704
39 843
88 131
-
pensions
5 485
5 001
11 061
-
other
2 076
1 892
4 187
-
accident
567
518
1 146
-
health
1 653
1 506
3 332
-
payroll
1 311
1 195
2 645
-
chamber of commerce
175
159
353
-
unemployment
1 311
1 195
2 645
-
surtax
-
-
-
-
total
12 578
11 466
25 369
-
Corporate
57 219
62 190
84 337
-
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.

14 305
15 548
21 084
-
total
14 305
15 548
21 084
-
Dividends
42 914
46 642
-
-
withholding
11 801
12 826
-
-
total
11 801
12 826
-
-
Income
113 500
113 500
113 500
113 500
Total tax
50 490
49 993
80 774
56 941
After tax
63 010
63 507
32 726
56 559
Living cost
31 897
31 897
31 897
31 897
Free-cash
31 113
31 610
829
24 662

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
₽98323
₽76758
₽91150
₽93783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
113 500
microenterprise

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

-
-
-
1 135
total
-
-
-
1 135
Employee
17 552
-
113 500
-
income
3 511
-
22 700
-
total
3 511
-
22 700
-
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%.

95 948
113 500
-
-
total
-
-
-
-
Dividends
95 948
113 500
-
-
withholding
4 797
5 675
-
-
total
4 797
5 675
-
-
Income
113 500
113 500
113 500
113 500
Total tax
8 308
5 675
22 700
1 135
After tax
105 192
107 825
90 800
112 365
Living cost
14 042
14 042
14 042
14 042
Free-cash
91 150
93 783
76 758
98 323

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
₽31311
₽28060
₽42964
₽51330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
unemployment
-
-
-
171
health
-
-
-
11 169
income
-
-
-
23 304
pensions
-
-
-
20 728
total
-
-
-
55 372
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
-
98 208
-
income
7 624
-
21 628
-
pensions
6 853
-
15 222
-
unemployment
63
-
137
-
health
2 855
-
6 345
-
total
17 395
-
43 332
-
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
-
98 208
-
pensions
3 912
-
8 691
-
health
2 945
-
6 542
-
unemployment
27
-
59
-
total
6 884
-
15 292
-
Corporate
62 406
113 500
-
-
income
11 858
21 564
-
-
total
11 858
21 564
-
-
Dividends
50 548
91 936
-
-
withholding
7 582
13 789
-
-
total
7 582
13 789
-
-
Income
113 500
113 500
113 500
113 500
Total tax
43 719
35 353
58 624
55 372
After tax
69 781
78 147
54 876
58 128
Living cost
26 816
26 816
26 816
26 816
Free-cash
42 964
51 330
28 060
31 311

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
₽35389
₽57326
-₽35262
₽26004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
12 939
income
-
-
-
22 123
total
-
-
-
35 062
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
-
113 500
-
-
income
-
24 970
-
-
total
-
24 970
-
-
Dividends
-
88 530
-
-
income
-
19 477
-
-
total
-
19 477
-
-
Income
113 500
113 500
113 500
113 500
Total tax
105 713
44 447
13 125
35 062
After tax
7 787
69 053
100 375
78 438
Living cost
43 049
43 049
43 049
43 049
Free-cash
-35 262
26 004
57 326
35 389

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
₽31469
₽24837
₽32192
₽33197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
social contributions

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

-
-
-
39 441
income
-
-
-
11 230
surtax
-
-
-
-
total
-
-
-
50 671
Employee
45 982
-
91 717
-
income
9 564
-
25 430
-
social contributions
5 058
-
10 090
-
surtax
-
-
-
-
total
14 622
-
35 520
-
Employer
45 982
-
91 717
-
social contributions
10 921
-
21 783
-
total
10 921
-
21 783
-
Corporate
56 597
113 500
-
-
surtax
-
-
-
-
income
11 885
23 836
-
-
total
11 885
23 836
-
-
Dividends
44 712
89 664
-
-
withholding
12 520
25 107
-
-
total
12 520
25 107
-
-
Income
113 500
113 500
113 500
113 500
Total tax
49 948
48 943
57 303
50 671
After tax
63 552
64 557
56 197
62 829
Living cost
31 360
31 360
31 360
31 360
Free-cash
32 192
33 197
24 837
31 469

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
₽16686
₽21020
₽15785
₽8918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
3 518
social contributions
-
-
-
3 235
health
-
-
-
2 844
income
-
-
-
12 723
surtax
-
-
-
-
pensions
-
-
-
26 206
total
-
-
-
48 526
Employee
62 618
-
91 277
-
income
5 464
-
14 531
-
pensions
7 083
-
4 846
-
social contributions
1 783
-
2 599
-
surtax
-
-
-
-
total
14 330
-
21 976
-
Employer
62 618
-
91 277
-
pensions
10 289
-
8 428
-
other
2 161
-
3 149
-
health
4 383
-
6 670
-
unemployment
2 537
-
3 696
-
social contributions
188
-
273
-
total
19 558
-
22 216
-
Corporate
31 324
113 500
-
-
surtax
-
-
-
-
income
8 771
31 779
-
-
total
8 771
31 779
-
-
Dividends
22 553
81 721
-
-
surtax
-
-
-
-
social contributions
3 880
14 055
-
-
withholding
2 888
10 460
-
-
total
6 768
24 515
-
-
Income
113 500
113 500
113 500
113 500
Total tax
49 427
56 294
44 192
48 526
After tax
64 073
57 206
69 308
64 974
Living cost
48 288
48 288
48 288
48 288
Free-cash
15 785
8 918
21 020
16 686

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
₽55696
₽58711
₽68738
₽72097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
24 970
income
-
-
-
2 781
total
-
-
-
27 751
Employee
32 142
-
98 267
-
social contributions
2 089
-
6 388
-
income
-
-
3 117
-
total
2 089
-
9 505
-
Employer
32 142
-
98 267
-
social contributions
4 982
-
15 231
-
total
4 982
-
15 231
-
Corporate
76 376
113 500
-
-
income
7 638
11 350
-
-
total
7 638
11 350
-
-
Dividends
68 737
102 150
-
-
total
-
-
-
-
Income
113 500
113 500
113 500
113 500
Total tax
14 709
11 350
24 736
27 751
After tax
98 791
102 150
88 764
85 749
Living cost
30 053
30 053
30 053
30 053
Free-cash
68 738
72 097
58 711
55 696

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
₽21427
-₽104425
-₽104425
-₽104425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
municipal
-
-
-
21 781
national
-
-
-
12 243
labour market
-
-
-
9 011
pensions
-
-
-
867
total
-
-
-
43 902
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
113 500
113 500
113 500
113 500
Total tax
169 754
169 754
169 754
43 902
After tax
-56 254
-56 254
-56 254
69 598
Living cost
48 171
48 171
48 171
48 171
Free-cash
-104 425
-104 425
-104 425
21 427

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
₽56221
₽37883
₽5882
-₽12398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
28 750
pensions
-
-
-
4 145
total
-
-
-
35 688
Employee
33 964
-
98 469
-
income
4 659
-
20 121
-
pensions
3 825
-
7 600
-
health
3 889
-
11 275
-
total
12 373
-
38 996
-
Employer
33 964
-
98 469
-
pensions
5 522
-
10 974
-
accident
567
-
1 644
-
unemployment
832
-
2 412
-
total
6 921
-
15 030
-
Corporate
72 614
113 500
-
-
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.

65 353
102 150
-
-
total
65 353
102 150
-
-
Dividends
7 261
11 350
-
-
withholding
1 380
2 157
-
-
total
1 380
2 157
-
-
Income
113 500
113 500
113 500
113 500
Total tax
86 027
104 307
54 026
35 688
After tax
27 473
9 193
59 474
77 812
Living cost
21 591
21 591
21 591
21 591
Free-cash
5 882
-12 398
37 883
56 221

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
₽40698
₽25139
₽35274
₽36049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
113 500
municipal
-
-
-
20 191
health
-
-
-
1 330
national
-
-
-
12 897
total
-
-
-
34 418
Employee
52 601
-
95 482
-
pensions
3 550
-
6 445
-
national
869
-
7 452
-
municipal
8 616
-
15 579
-
unemployment
789
-
1 432
-
health
393
-
1 053
-
total
14 217
-
31 961
-
Employer
52 601
-
95 482
-
pensions
9 126
-
16 565
-
accident
53
-
95
-
health
404
-
736
-
unemployment
342
-
620
-
total
9 925
-
18 016
-
Corporate
50 975
113 500
-
-
income
10 194
22 699
-
-
total
10 194
22 699
-
-
Dividends

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

30 585
68 101
-
-
municipal
5 506
12 258
-
-
national
-
4 110
-
-
total
5 506
16 368
-
-
Income
113 500
113 500
113 500
113 500
Total tax
39 842
39 067
49 977
34 418
After tax
73 658
74 433
63 523
79 082
Living cost
38 384
38 384
38 384
38 384
Free-cash
35 274
36 049
25 139
40 698

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
₽56596
₽55408
₽54414
₽59854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
16 176
health
-
-
-
2 893
income
-
-
-
14 687
total
-
-
-
33 756
Employee
76 879
76 879
103 040
-
income
8 371
7 117
14 180
-
social contributions
2 907
6 381
8 553
-
health
596
1 307
1 751
-
total
11 874
14 805
24 484
-
Employer
76 879
76 879
103 040
-
health
647
1 423
1 907
-
social contributions
2 907
6 381
8 553
-
total
3 554
7 804
10 460
-
Corporate
74 925
28 818
-
-
income
9 365
3 603
-
-
total
9 365
3 603
-
-
Dividends
65 560
25 215
-
-
withholding
11 145
4 286
-
-
total
11 145
4 286
-
-
Income
113 500
113 500
113 500
113 500
Total tax
35 938
30 498
34 944
33 756
After tax
77 562
83 002
78 556
79 744
Living cost
23 148
23 148
23 148
23 148
Free-cash
54 414
59 854
55 408
56 596

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
₽76589
₽56535
₽73029
₽78116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
113 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
11 031
pensions
-
-
-
6 360
total
-
-
-
21 037
Employee

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

22 948
-
103 729
-
income
1 569
-
8 553
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
31 320
-
Employer

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

22 948
-
103 729
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
88 189
113 500
-
-
income
7 936
10 215
-
-
total
7 936
10 215
-
-
Dividends
80 253
103 285
-
-
withholding
7 223
9 295
-
-
total
7 223
9 295
-
-
Income
113 500
113 500
113 500
113 500
Total tax
24 597
19 510
41 091
21 037
After tax
88 903
93 990
72 409
92 463
Living cost
15 874
15 874
15 874
15 874
Free-cash
73 029
78 116
56 535
76 589

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
₽34652
₽31440
₽43706
₽48919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
23 554
pensions
-
-
-
26 224
total
-
-
-
51 355
Employee
36 968
-
86 063
-
income
7 127
-
21 666
-
pensions
1 738
-
4 045
-
unemployment
573
-
1 334
-
other
36
-
85
-
total
9 474
-
27 130
-
Employer
36 968
-
86 063
-
pensions
8 724
-
20 310
-
other
296
-
689
-
accident
732
-
1 704
-
unemployment
2 034
-
4 734
-
total
11 786
-
27 437
-
Corporate
64 746
113 500
-
-
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.

9 712
17 024
-
-
total
9 712
17 024
-
-
Dividends
55 034
96 476
-
-
withholding
11 329
20 064
-
-
total
11 329
20 064
-
-
Income
113 500
113 500
113 500
113 500
Total tax
42 301
37 088
54 567
51 355
After tax
71 199
76 412
58 933
62 145
Living cost
27 493
27 493
27 493
27 493
Free-cash
43 706
48 919
31 440
34 652

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
₽69429
₽69233
₽67636
₽68086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
health
-
-
-
1 448
income
-
-
-
37 888
pensions
-
-
-
1 997
total
-
-
-
41 333
Employee
4 171
-
111 253
-
income
807
-
37 783
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
39 281
-
Employer
4 171
-
111 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
108 391
113 500
-
-
income
23 846
24 970
-
-
total
23 846
24 970
-
-
Dividends
84 545
88 530
-
-
withholding
16 909
17 706
-
-
total
16 909
17 706
-
-
Income
113 500
113 500
113 500
113 500
Total tax
43 126
42 676
41 529
41 333
After tax
70 374
70 824
71 971
72 167
Living cost
2 738
2 738
2 738
2 738
Free-cash
67 636
68 086
69 233
69 429

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
₽44386
₽44386
₽59791
₽64711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
23 887
pensions
-
-
-
19 214
total
-
-
-
51 821
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
-
100 272
-
income
3 594
-
23 887
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
38 593
-
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
-
100 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
82 756
113 500
-
-
income
12 413
17 025
-
-
total
12 413
17 025
-
-
Dividends
70 343
96 475
-
-
withholding
10 551
14 471
-
-
total
10 551
14 471
-
-
Income
113 500
113 500
113 500
113 500
Total tax
36 416
31 496
51 821
51 821
After tax
77 084
82 004
61 679
61 679
Living cost
17 293
17 293
17 293
17 293
Free-cash
59 791
64 711
44 386
44 386

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
₽35875
₽29243
₽37245
₽37603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
social contributions

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

-
-
-
39 441
income
-
-
-
11 230
surtax
-
-
-
-
total
-
-
-
50 671
Employee
38 804
-
91 717
-
income
7 582
-
25 430
-
social contributions
4 269
-
10 090
-
surtax
-
-
-
-
total
11 851
-
35 520
-
Employer
38 804
-
91 717
-
social contributions
9 215
-
21 783
-
total
9 215
-
21 783
-
Corporate
65 481
113 500
-
-
surtax
-
-
-
-
income
13 751
23 836
-
-
total
13 751
23 836
-
-
Dividends
51 729
89 664
-
-
withholding
14 484
25 107
-
-
total
14 484
25 107
-
-
Income
113 500
113 500
113 500
113 500
Total tax
49 301
48 943
57 303
50 671
After tax
64 199
64 557
56 197
62 829
Living cost
26 954
26 954
26 954
26 954
Free-cash
37 245
37 603
29 243
35 875

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
₽27008
₽23796
₽33682
₽41275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
23 554
pensions
-
-
-
26 224
total
-
-
-
51 355
Employee
48 285
-
86 063
-
income
10 085
-
21 666
-
pensions
2 269
-
4 045
-
unemployment
748
-
1 334
-
other
47
-
85
-
total
13 149
-
27 130
-
Employer
48 285
-
86 063
-
pensions
11 395
-
20 310
-
other
387
-
689
-
accident
956
-
1 704
-
unemployment
2 656
-
4 734
-
total
15 394
-
27 437
-
Corporate
49 820
113 500
-
-
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.

7 473
17 024
-
-
total
7 473
17 024
-
-
Dividends
42 347
96 476
-
-
withholding
8 665
20 064
-
-
total
8 665
20 064
-
-
Income
113 500
113 500
113 500
113 500
Total tax
44 681
37 088
54 567
51 355
After tax
68 819
76 412
58 933
62 145
Living cost
35 137
35 137
35 137
35 137
Free-cash
33 682
41 275
23 796
27 008

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
₽69945
₽73722
₽73746
₽79839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
17 025
pensions

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

-
-
-
5 170
total
-
-
-
26 352
Employee
22 779
-
106 647
-
income
2 278
-
10 664
-
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
-
15 722
-
Employer
22 779
-
106 647
-
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
86 252
113 500
-
-
income
8 625
11 350
-
-
total
8 625
11 350
-
-
Dividends
77 627
102 150
-
-
withholding
3 881
5 108
-
-
total
3 881
5 108
-
-
Income
113 500
113 500
113 500
113 500
Total tax
22 551
16 458
22 575
26 352
After tax
90 949
97 042
90 925
87 148
Living cost
17 203
17 203
17 203
17 203
Free-cash
73 746
79 839
73 722
69 945

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
₽28764
₽38381
₽32995
₽19917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
trade
-
-
-
9 617
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.

-
-
-
28 142
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.

-
-
-
1 548
total
-
-
-
46 137
Employee

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

49 746
-
113 500
-
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
-
1 548
-
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
-
28 142
-
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
-
36 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 754
113 500
-
-
trade
9 149
16 288
-
-
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.

526
937
-
-
income
9 562
17 024
-
-
chamber of commerce
245
319
-
-
total
19 482
34 568
-
-
Dividends
44 273
78 932
-
-
surtax

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

588
1 064
-
-
withholding
10 689
19 352
-
-
total
11 277
20 416
-
-
Income
113 500
113 500
113 500
113 500
Total tax
41 906
54 984
36 520
46 137
After tax
71 594
58 516
76 980
67 363
Living cost
38 599
38 599
38 599
38 599
Free-cash
32 995
19 917
38 381
28 764

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
₽17294
₽17294
₽24705
₽22497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
10 379
income
-
-
-
28 875
total
-
-
-
39 254
Employee
78 205
-
113 500
-
social contributions
6 497
-
10 379
-
income
14 757
-
28 875
-
total
21 254
-
39 254
-
Employer
78 205
-
113 500
-
total
-
-
-
-
Corporate
35 295
113 500
-
-
income
4 411
14 188
-
-
total
4 411
14 188
-
-
Dividends
30 883
99 312
-
-
withholding
6 178
19 863
-
-
total
6 178
19 863
-
-
Income
113 500
113 500
113 500
113 500
Total tax
31 843
34 051
39 254
39 254
After tax
81 657
79 449
74 246
74 246
Living cost
56 952
56 952
56 952
56 952
Free-cash
24 705
22 497
17 294
17 294

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
₽42072
₽47275
₽35696
₽32201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
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
-
108 901
-
social contributions
4 595
-
4 599
-
income
4 977
-
20 735
-
total
9 572
-
25 334
-
Employer
45 864
-
108 901
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
63 041
113 500
-
-
income
22 063
39 725
-
-
total
22 063
39 725
-
-
Dividends
40 977
73 775
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
113 500
113 500
113 500
113 500
Total tax
41 512
45 007
29 933
35 136
After tax
71 988
68 493
83 567
78 364
Living cost
36 292
36 292
36 292
36 292
Free-cash
35 696
32 201
47 275
42 072

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
₽42688
₽32265
₽42004
₽43802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
income
-
-
-
25 677
pensions
-
-
-
7 776
total
-
-
-
33 453
Employee
51 281
-
99 736
-
income
9 339
-
18 726
-
pensions
3 914
-
9 729
-
health
669
-
1 661
-
total
13 922
-
30 116
-
Employer
51 281
-
99 736
-
pensions
5 181
-
11 866
-
health
975
-
1 894
-
total
6 156
-
13 760
-
Corporate
56 063
113 500
-
-
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.

10 652
21 566
-
-
total
10 652
21 566
-
-
Dividends
45 411
91 934
-
-
withholding
3 407
10 773
-
-
total
3 407
10 773
-
-
Income
113 500
113 500
113 500
113 500
Total tax
34 137
32 339
43 876
33 453
After tax
79 363
81 161
69 624
80 047
Living cost
37 359
37 359
37 359
37 359
Free-cash
42 004
43 802
32 265
42 688

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
₽54084
₽35746
₽5554
-₽14535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
28 750
pensions
-
-
-
4 145
total
-
-
-
35 688
Employee
37 326
-
98 469
-
income
5 121
-
20 121
-
pensions
4 203
-
7 600
-
health
4 274
-
11 275
-
total
13 598
-
38 996
-
Employer
37 326
-
98 469
-
pensions
6 069
-
10 974
-
accident
623
-
1 644
-
unemployment
914
-
2 412
-
total
7 606
-
15 030
-
Corporate
68 568
113 500
-
-
income

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

61 711
102 150
-
-
total
61 711
102 150
-
-
Dividends
6 857
11 350
-
-
withholding
1 303
2 157
-
-
total
1 303
2 157
-
-
Income
113 500
113 500
113 500
113 500
Total tax
84 218
104 307
54 026
35 688
After tax
29 282
9 193
59 474
77 812
Living cost
23 728
23 728
23 728
23 728
Free-cash
5 554
-14 535
35 746
54 084

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
₽51019
₽60253
₽78114
₽82009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
113 500
work injury
-
-
-
568
unemployment
-
-
-
1 362
income
-
-
-
17 767
health insurance
-
-
-
8 399
pensions
-
-
-
20 884
total
-
-
-
48 980
Employee

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

21 601
-
113 500
-
income
2 160
-
17 767
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
39 746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 899
113 500
-
-
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%.

-
1 135
-
-
total
-
1 135
-
-
Dividends
91 899
112 365
-
-
withholding
13 785
16 855
-
-
total
13 785
16 855
-
-
Income
113 500
113 500
113 500
113 500
Total tax
21 885
17 990
39 746
48 980
After tax
91 615
95 510
73 754
64 520
Living cost
13 501
13 501
13 501
13 501
Free-cash
78 114
82 009
60 253
51 019

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
₽16274
₽11083
₽15408
₽19957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
113 500
social contributions
-
-
-
29 192
municipal
-
-
-
759
national
-
-
-
25 055
regional
-
-
-
2 391
total
-
-
-
57 397
Employee
84 248
-
113 500
-
national
14 237
-
21 604
-
social contributions
28 408
-
38 272
-
municipal
503
-
677
-
regional
1 272
-
2 035
-
total
44 420
-
62 588
-
Employer
84 248
-
113 500
-
total
-
-
-
-
Corporate
29 252
113 500
-
-
nationa
7 020
27 239
-
-
municipal
1 410
5 470
-
-
total
8 430
32 709
-
-
Dividends
20 822
80 791
-
-
withholding
5 413
21 005
-
-
total
5 413
21 005
-
-
Income
113 500
113 500
113 500
113 500
Total tax
58 263
53 714
62 588
57 397
After tax
55 237
59 786
50 912
56 103
Living cost
39 829
39 829
39 829
39 829
Free-cash
15 408
19 957
11 083
16 274

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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