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
₽ 114500
per

Your estimated
City
free-cash

Dresden , Germany
₽27840
₽38800
₽36626
₽47406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
trade
-
-
-
10 780
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.

-
-
-
28 739
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.

-
-
-
6 768
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.

-
-
-
1 581
total
-
-
-
47 868
Employee

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

37 891
-
114 500
-
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.

1 058
-
28 739
-
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.

58
-
1 581
-
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.

6 768
-
6 768
-
total
7 884
-
37 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 609
114 500
-
-
income
11 492
17 175
-
-
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.

632
944
-
-
trade
12 066
18 035
-
-
chamber of commerce
261
316
-
-
total
24 451
36 470
-
-
Dividends
52 158
78 030
-
-
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.

696
1 053
-
-
withholding
12 663
19 131
-
-
total
13 359
20 184
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 694
56 654
37 088
47 868
After tax
68 806
57 846
77 412
66 632
Living cost
30 006
30 006
30 006
30 006
Free-cash
38 800
27 840
47 406
36 626

Estimated living cost  is ₽30006 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
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.
₽7072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17647
₽16752
₽15056
₽15954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
12 030
national
-
-
-
18 642
pensions
-
-
-
13 740
social contributions
-
-
-
1 231
total
-
-
-
45 643
Employee
83 401
-
98 984
-
national
15 963
-
19 329
-
pensions
3 336
-
3 959
-
municipal
10 301
-
12 474
-
total
29 600
-
35 762
-
Employer
83 401
-
98 984
-
social contributions
897
-
1 064
-
pensions
6 672
-
7 919
-
total
7 569
-
8 983
-
Corporate
18 026
114 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

3 605
22 900
-
-
total
3 605
22 900
-
-
Dividends
14 421
91 600
-
-
withholding
3 173
20 152
-
-
total
3 173
20 152
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 947
43 052
44 745
45 643
After tax
70 553
71 448
69 755
68 857
Living cost
53 801
53 801
53 801
53 801
Free-cash
16 752
17 647
15 954
15 056

Estimated living cost  is ₽53801 per week

₽36568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽805
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70990
₽62862
₽40337
₽43751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
microenterprise
-
-
-
-
income
-
-
-
16 741
surtax
-
-
-
-
social contributions

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

-
-
-
36 812
total
-
-
-
53 553
Employee
28 948
-
92 271
-
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.

3 185
-
10 150
-
income
5 153
-
17 760
-
surtax
-
-
-
-
total
8 338
-
27 910
-
Employer
28 948
-
92 271
-
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.

6 973
-
22 229
-
surtax
-
-
-
-
total
6 973
-
22 229
-
Corporate
78 580
114 500
-
-
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%.

15 717
22 900
-
-
total
15 717
22 900
-
-
Dividends

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

62 863
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
31 028
22 900
50 139
53 553
After tax
83 472
91 600
64 361
60 947
Living cost
20 610
20 610
20 610
20 610
Free-cash
62 862
70 990
43 751
40 337

Estimated living cost  is ₽20610 per week

₽13149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14295
₽8226
₽23937
₽18709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
25 240
health
-
-
-
12 216
pensions
-
-
-
11 607
total
-
-
-
49 063
Employee
84 599
84 599
97 439
-
pensions
15 228
11 607
11 607
-
income

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

13 847
13 847
13 847
-
health
12 985
11 045
11 776
-
total
42 060
36 499
37 230
-
Employer
84 599
84 599
97 439
-
health
5 881
5 881
6 772
-
pensions
5 888
5 888
6 781
-
unemployment
3 046
3 046
3 508
-
total
14 815
14 815
17 061
-
Corporate
16 125
15 087
-
-
income
3 224
3 017
-
-
total
3 224
3 017
-
-
Dividends
12 901
12 070
-
-
income
2 741
2 564
-
-
withholding
1 934
1 810
-
-
total
4 675
4 374
-
-
Income
114 500
114 500
114 500
114 500
Total tax
64 774
58 705
54 291
49 063
After tax
49 726
55 795
60 209
65 437
Living cost
41 500
41 500
41 500
41 500
Free-cash
8 226
14 295
18 709
23 937

Estimated living cost  is ₽41500 per week

₽29410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22895
₽22006
₽21607
₽20540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
26 642
national
-
-
-
1 471
unemployment
-
-
-
87
accident
-
-
-
174
health
-
-
-
5 419
pensions
-
-
-
9 387
other
-
-
-
10 091
total
-
-
-
53 271
Employee
56 457
-
87 216
-
national
-
-
1 045
-
municipal
16 836
-
26 008
-
total
16 836
-
27 053
-
Employer
56 457
-
87 216
-
health
3 472
-
5 341
-
pensions
6 103
-
9 387
-
accident
113
-
174
-
other
6 560
-
10 091
-
unemployment
1 490
-
2 292
-
total
17 738
-
27 285
-
Corporate
40 304
114 500
-
-
income
8 867
25 190
-
-
total
8 867
25 190
-
-
Dividends
31 437
89 310
-
-
withholding
9 431
26 793
-
-
total
9 431
26 793
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 872
51 983
54 338
53 271
After tax
61 628
62 517
60 162
61 229
Living cost
39 622
39 622
39 622
39 622
Free-cash
22 006
22 895
20 540
21 607

Estimated living cost  is ₽39622 per week

₽26260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18342
₽32261
₽27236
₽38495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
trade
-
-
-
11 259
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.

-
-
-
28 739
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.

-
-
-
6 768
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.

-
-
-
1 581
total
-
-
-
48 347
Employee

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

50 239
-
114 500
-
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.

4 316
-
28 739
-
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.

237
-
1 581
-
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.

6 768
-
6 768
-
total
11 321
-
37 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 261
114 500
-
-
income
9 639
17 175
-
-
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.

530
944
-
-
trade
10 571
18 835
-
-
chamber of commerce
243
314
-
-
total
20 983
37 268
-
-
Dividends
43 279
77 231
-
-
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.

575
1 042
-
-
withholding
10 443
18 931
-
-
total
11 018
19 973
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 322
57 241
37 088
48 347
After tax
71 178
57 259
77 412
66 153
Living cost
38 917
38 917
38 917
38 917
Free-cash
32 261
18 342
38 495
27 236

Estimated living cost  is ₽38917 per week

₽26028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51593
₽47485
₽48270
₽47011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
15 149
health
-
-
-
2 920
social contributions
-
-
-
16 029
total
-
-
-
34 098
Employee
76 177
76 177
104 047
-
social contributions
3 702
6 322
8 528
-
income
7 999
7 052
14 607
-
health
758
1 295
1 769
-
total
12 459
14 669
24 904
-
Employer
76 177
76 177
104 047
-
social contributions
3 702
6 322
8 528
-
health
825
1 410
1 925
-
total
4 527
7 732
10 453
-
Corporate
65 382
30 590
-
-
income
8 172
3 824
-
-
total
8 172
3 824
-
-
Dividends
57 210
26 767
-
-
withholding
9 725
4 550
-
-
total
9 725
4 550
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 883
30 775
35 357
34 098
After tax
79 617
83 725
79 143
80 402
Living cost
32 132
32 132
32 132
32 132
Free-cash
47 485
51 593
47 011
48 270

Estimated living cost  is ₽32132 per week

₽21966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44990
₽45396
₽59834
₽46891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
1 717
income
-
-
-
13 998
health
-
-
-
8 015
pensions
-
-
-
11 450
total
-
-
-
35 180
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.

28 128
11 195
95 816
-
pensions
2 813
1 119
9 582
-
unemployment
422
168
1 437
-
income
3 439
1 369
11 713
-
health
1 969
784
6 707
-
total
8 643
3 440
29 439
-
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.

28 128
11 195
95 816
-
pensions
5 485
2 183
18 684
-
total
5 485
2 183
18 684
-
Corporate
80 887
101 122
-
-
income
7 280
9 101
-
-
total
7 280
9 101
-
-
Dividends
73 607
92 021
-
-
social contributions
14 225
17 816
-
-
withholding
13 985
17 484
-
-
total
28 210
35 300
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 618
50 024
48 123
35 180
After tax
64 882
64 476
66 377
79 320
Living cost
19 486
19 486
19 486
19 486
Free-cash
45 396
44 990
46 891
59 834

Estimated living cost  is ₽19486 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67672
₽61517
₽37444
₽42068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
15 342
health
-
-
-
14 886
pensions
-
-
-
22 900
total
-
-
-
53 128
Employee
28 104
-
85 575
-
pensions
562
-
1 711
-
unemployment
449
-
1 369
-
income
3 164
-
16 499
-
total
4 175
-
19 579
-
Employer
28 104
-
85 575
-
health
3 653
-
11 126
-
pensions
5 621
-
17 115
-
unemployment
226
-
684
-
total
9 500
-
28 925
-
Corporate
76 897
114 500
-
-
income
15 380
22 900
-
-
total
15 380
22 900
-
-
Dividends
61 517
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
29 055
22 900
48 504
53 128
After tax
85 445
91 600
65 996
61 372
Living cost
23 928
23 928
23 928
23 928
Free-cash
61 517
67 672
42 068
37 444

Estimated living cost  is ₽23928 per week

₽16412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
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.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12428
₽5946
₽56784
₽38410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
249
income
-
-
-
29 144
health
-
-
-
2 151
pensions
-
-
-
4 104
other
-
-
-
366
total
-
-
-
36 014
Employee
34 138
-
99 531
-
pensions
3 844
-
7 526
-
income
4 683
-
20 497
-
health
3 909
-
11 396
-
total
12 436
-
39 419
-
Employer
34 138
-
99 531
-
pensions
5 551
-
10 868
-
accident
570
-
1 662
-
unemployment
836
-
2 439
-
total
6 957
-
14 969
-
Corporate
73 405
114 500
-
-
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.

66 065
103 050
-
-
total
66 065
103 050
-
-
Dividends
7 340
11 450
-
-
withholding
1 394
2 176
-
-
total
1 394
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
86 852
105 226
54 388
36 014
After tax
27 648
9 274
60 112
78 486
Living cost
21 702
21 702
21 702
21 702
Free-cash
5 946
-12 428
38 410
56 784

Estimated living cost  is ₽21702 per week

₽15905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100309
₽98722
₽104889
₽83134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
114 500
microenterprise

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

-
-
-
1 145
total
-
-
-
1 145
Employee
10 582
-
114 500
-
income
2 116
-
22 900
-
total
2 116
-
22 900
-
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%.

103 918
114 500
-
-
total
-
-
-
-
Dividends
103 918
114 500
-
-
withholding
5 196
5 725
-
-
total
5 196
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
7 312
5 725
22 900
1 145
After tax
107 188
108 775
91 600
113 355
Living cost
8 466
8 466
8 466
8 466
Free-cash
98 722
100 309
83 134
104 889

Estimated living cost  is ₽8466 per week

₽5247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57726
₽51036
₽35202
₽39941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
14 944
health
-
-
-
5 038
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.

-
-
-
27 480
other
-
-
-
5 439
total
-
-
-
52 901
Employee
35 970
-
91 453
-
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.

2 517
-
6 401
-
unemployment
359
-
914
-
income
6 193
-
16 523
-
health
504
-
1 280
-
total
9 573
-
25 118
-
Employer
35 970
-
91 453
-
health
504
-
1 280
-
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.

6 116
-
15 545
-
accident
288
-
731
-
other
1 799
-
4 574
-
unemployment
359
-
914
-
total
9 066
-
23 044
-
Corporate
69 465
114 500
-
-
income
14 587
24 045
-
-
total
14 587
24 045
-
-
Dividends
54 878
90 455
-
-
withholding
3 841
6 332
-
-
total
3 841
6 332
-
-
Income
114 500
114 500
114 500
114 500
Total tax
37 067
30 377
48 162
52 901
After tax
77 433
84 123
66 338
61 599
Living cost
26 397
26 397
26 397
26 397
Free-cash
51 036
57 726
39 941
35 202

Estimated living cost  is ₽26397 per week

₽18651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14927
₽5524
₽13912
₽3284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
26 257
pensions
-
-
-
7 741
total
-
-
-
33 998
Employee
94 215
-
100 584
-
pensions
9 089
-
9 855
-
income
16 983
-
19 172
-
health
1 553
-
1 684
-
total
27 625
-
30 711
-
Employer
94 215
-
100 584
-
health
1 789
-
1 912
-
pensions
11 124
-
12 003
-
total
12 913
-
13 915
-
Corporate
7 371
114 500
-
-
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.

1 401
21 755
-
-
total
1 401
21 755
-
-
Dividends
5 970
92 745
-
-
withholding
447
11 228
-
-
total
447
11 228
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 386
32 983
44 626
33 998
After tax
72 114
81 517
69 874
80 502
Living cost
66 590
66 590
66 590
66 590
Free-cash
5 524
14 927
3 284
13 912

Estimated living cost  is ₽66590 per week

₽49897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽84914
₽80313
₽75106
₽78948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
138
income
-
-
-
17 175
health
-
-
-
3 978
pensions

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

-
-
-
5 119
total
-
-
-
26 410
Employee
17 192
-
107 713
-
pensions

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

1 510
-
3 037
-
income
1 719
-
10 771
-
health
791
-
1 591
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
total
4 209
-
15 780
-
Employer
17 192
-
107 713
-
health
1 187
-
2 387
-
pensions

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

1 895
-
3 812
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 374
-
6 788
-
Corporate
93 934
114 500
-
-
income
9 393
11 450
-
-
total
9 393
11 450
-
-
Dividends
84 541
103 050
-
-
withholding
4 227
5 152
-
-
total
4 227
5 152
-
-
Income
114 500
114 500
114 500
114 500
Total tax
21 203
16 602
22 568
26 410
After tax
93 297
97 898
91 932
88 090
Living cost
12 984
12 984
12 984
12 984
Free-cash
80 313
84 914
78 948
75 106

Estimated living cost  is ₽12984 per week

₽7580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽861
₽3352
₽10503
₽5275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
25 240
health
-
-
-
12 216
pensions
-
-
-
11 607
total
-
-
-
49 063
Employee
91 847
84 599
97 439
-
pensions
11 607
11 607
11 607
-
income

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

13 847
13 847
13 847
-
health
11 458
11 045
11 776
-
total
36 912
36 499
37 230
-
Employer
91 847
84 599
97 439
-
health
6 382
5 881
6 772
-
pensions
6 392
5 888
6 781
-
unemployment
3 307
3 046
3 508
-
total
16 081
14 815
17 061
-
Corporate
6 572
15 087
-
-
income
1 314
3 017
-
-
total
1 314
3 017
-
-
Dividends
5 258
12 070
-
-
income
1 117
2 564
-
-
withholding
790
1 810
-
-
total
1 907
4 374
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 214
58 705
54 291
49 063
After tax
58 286
55 795
60 209
65 437
Living cost
54 934
54 934
54 934
54 934
Free-cash
3 352
861
5 275
10 503

Estimated living cost  is ₽54934 per week

₽40523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54146
₽45339
₽31081
₽33418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
solidarity contribution
-
-
-
-
income
-
-
-
9 841
health
-
-
-
15 457
social contributions
-
-
-
33 434
total
-
-
-
58 732
Employee
36 304
-
85 448
-
social contributions
2 360
-
5 554
-
income
4 357
-
10 254
-
solidarity contribution
-
-
-
-
health
4 901
-
11 535
-
total
11 618
-
27 343
-
Employer
36 304
-
85 448
-
social contributions
9 076
-
21 362
-
health
3 267
-
7 690
-
total
12 343
-
29 052
-
Corporate
65 852
114 500
-
-
income
12 512
21 755
-
-
total
12 512
21 755
-
-
Dividends
53 340
92 745
-
-
withholding
8 001
13 912
-
-
total
8 001
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 474
35 667
56 395
58 732
After tax
70 026
78 833
58 105
55 768
Living cost
24 687
24 687
24 687
24 687
Free-cash
45 339
54 146
33 418
31 081

Estimated living cost  is ₽24687 per week

₽17148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
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.
₽5297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19289
₽14117
₽15876
₽10429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
681
national
-
-
-
25 400
regional
-
-
-
1 291
social contributions
-
-
-
29 450
total
-
-
-
56 822
Employee
88 044
-
114 500
-
national
15 256
-
21 920
-
social contributions
29 688
-
38 609
-
municipal
466
-
607
-
regional
831
-
1 133
-
total
46 241
-
62 269
-
Employer
88 044
-
114 500
-
total
-
-
-
-
Corporate
26 456
114 500
-
-
municipal
1 032
4 465
-
-
nationa
6 349
27 480
-
-
total
7 381
31 945
-
-
Dividends
19 075
82 556
-
-
withholding
4 959
21 464
-
-
total
4 959
21 464
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 581
53 409
62 269
56 822
After tax
55 919
61 091
52 231
57 678
Living cost
41 802
41 802
41 802
41 802
Free-cash
14 117
19 289
10 429
15 876

Estimated living cost  is ₽41802 per week

₽29140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50160
₽47075
₽34739
₽32858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
226
income
-
-
-
23 549
health
-
-
-
8 129
surtax
-
-
-
3 096
pensions
-
-
-
22 900
other
-
-
-
-
total
-
-
-
57 900
Employee
32 761
-
94 587
-
pensions
2 185
-
6 309
-
unemployment
2 280
-
6 584
-
income
5 491
-
21 766
-
other
-
-
-
-
surtax
107
-
2 799
-
health
837
-
2 412
-
total
10 900
-
39 870
-
Employer
32 761
-
94 587
-
health
1 491
-
4 303
-
pensions
4 367
-
12 609
-
other
-
-
-
-
unemployment
1 038
-
2 999
-
total
6 896
-
19 911
-
Corporate
74 844
114 500
-
-
income
19 460
29 769
-
-
total
19 460
29 769
-
-
Dividends
55 384
84 731
-
-
withholding
8 308
12 710
-
-
total
8 308
12 710
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 564
42 479
59 781
57 900
After tax
68 936
72 021
54 719
56 600
Living cost
21 861
21 861
21 861
21 861
Free-cash
47 075
50 160
32 858
34 739

Estimated living cost  is ₽21861 per week

₽13367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36024
₽32462
₽35009
₽24381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
26 257
pensions
-
-
-
7 741
total
-
-
-
33 998
Employee
63 141
-
100 584
-
pensions
5 359
-
9 855
-
income
11 372
-
19 172
-
health
917
-
1 684
-
total
17 648
-
30 711
-
Employer
63 141
-
100 584
-
health
1 199
-
1 912
-
pensions
6 835
-
12 003
-
total
8 034
-
13 915
-
Corporate
43 325
114 500
-
-
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.

8 232
21 755
-
-
total
8 232
21 755
-
-
Dividends
35 093
92 745
-
-
withholding
2 631
11 228
-
-
total
2 631
11 228
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 545
32 983
44 626
33 998
After tax
77 955
81 517
69 874
80 502
Living cost
45 493
45 493
45 493
45 493
Free-cash
32 462
36 024
24 381
35 009

Estimated living cost  is ₽45493 per week

₽34083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24949
₽8126
₽17670
₽11990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
city
-
-
-
1 207
national
-
-
-
941
regional
-
-
-
4 295
health
-
-
-
258
pensions
-
-
-
10 533
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.

-
-
-
2 289
total
-
-
-
19 523
Employee
90 469
-
102 484
-
national
428
-
705
-
city
971
-
1 100
-
pensions
7 601
-
8 609
-
unemployment
-
-
-
-
health
205
-
230
-
regional
2 962
-
3 671
-
total
12 167
-
14 315
-
Employer
90 469
-
102 484
-
health
205
-
230
-
pensions
7 601
-
8 609
-
other

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

1 809
-
2 049
-
unemployment
-
-
-
-
total
9 615
-
10 888
-
Corporate
13 423
114 500
-
-
national
1 142
9 733
-
-
regional
2 839
24 217
-
-
total
3 981
33 950
-
-
Dividends
9 442
80 550
-
-
withholding
3 304
28 192
-
-
total
3 304
28 192
-
-
Income
114 500
114 500
114 500
114 500
Total tax
29 067
62 142
25 203
19 523
After tax
85 433
52 358
89 297
94 977
Living cost
77 307
77 307
77 307
77 307
Free-cash
8 126
-24 949
11 990
17 670

Estimated living cost  is ₽77307 per week

₽50271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11288
₽27352
₽20292
₽32029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
trade
-
-
-
11 737
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.

-
-
-
28 739
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.

-
-
-
6 768
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.

-
-
-
1 581
total
-
-
-
48 825
Employee

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

59 537
-
114 500
-
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.

7 001
-
28 739
-
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.

385
-
1 581
-
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.

6 768
-
6 768
-
total
14 154
-
37 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 963
114 500
-
-
income
8 244
17 175
-
-
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.

453
944
-
-
trade
9 426
19 636
-
-
chamber of commerce
227
312
-
-
total
18 350
38 067
-
-
Dividends
36 613
76 432
-
-
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.

483
1 030
-
-
withholding
8 778
18 732
-
-
total
9 261
19 762
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 765
57 829
37 088
48 825
After tax
72 735
56 671
77 412
65 675
Living cost
45 383
45 383
45 383
45 383
Free-cash
27 352
11 288
32 029
20 292

Estimated living cost  is ₽45383 per week

₽33146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23816
₽29664
₽31603
₽35675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
13 088
health
-
-
-
2 968
surtax
-
-
-
-
pensions
-
-
-
26 136
other
-
-
-
3 549
social contributions
-
-
-
3 262
total
-
-
-
49 003
Employee
42 399
-
91 929
-
pensions
4 794
-
4 954
-
social contributions
1 209
-
2 619
-
income
2 502
-
14 787
-
surtax
-
-
-
-
total
8 505
-
22 360
-
Employer
42 399
-
91 929
-
social contributions
128
-
276
-
health
2 968
-
6 803
-
pensions
6 965
-
8 598
-
other
1 463
-
3 172
-
unemployment
1 716
-
3 722
-
total
13 240
-
22 571
-
Corporate
58 861
114 500
-
-
income
16 482
32 059
-
-
surtax
-
-
-
-
total
16 482
32 059
-
-
Dividends
42 379
82 441
-
-
social contributions
7 291
14 179
-
-
surtax
-
-
-
-
withholding
5 424
10 552
-
-
total
12 715
24 731
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 942
56 790
44 931
49 003
After tax
63 558
57 710
69 569
65 497
Living cost
33 894
33 894
33 894
33 894
Free-cash
29 664
23 816
35 675
31 603

Estimated living cost  is ₽33894 per week

₽21371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27174
₽32678
₽34961
₽39033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
13 088
health
-
-
-
2 968
surtax
-
-
-
-
pensions
-
-
-
26 136
other
-
-
-
3 549
social contributions
-
-
-
3 262
total
-
-
-
49 003
Employee
37 847
-
91 929
-
pensions
4 281
-
4 954
-
social contributions
1 079
-
2 619
-
income
1 951
-
14 787
-
surtax
-
-
-
-
total
7 311
-
22 360
-
Employer
37 847
-
91 929
-
social contributions
113
-
276
-
health
2 649
-
6 803
-
pensions
6 219
-
8 598
-
other
1 307
-
3 172
-
unemployment
1 532
-
3 722
-
total
11 820
-
22 571
-
Corporate
64 834
114 500
-
-
income
18 153
32 059
-
-
surtax
-
-
-
-
total
18 153
32 059
-
-
Dividends
46 681
82 441
-
-
social contributions
8 027
14 179
-
-
surtax
-
-
-
-
withholding
5 975
10 552
-
-
total
14 002
24 731
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 286
56 790
44 931
49 003
After tax
63 214
57 710
69 569
65 497
Living cost
30 536
30 536
30 536
30 536
Free-cash
32 678
27 174
39 033
34 961

Estimated living cost  is ₽30536 per week

₽17709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
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.
₽9146
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48847
₽49363
₽52525
₽51927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
17 175
health
-
-
-
7 992
social contributions
-
-
-
15 801
total
-
-
-
40 968
Employee
33 589
-
114 500
-
social contributions
4 636
-
15 801
-
income
5 602
-
17 773
-
health
2 344
-
7 992
-
total
12 582
-
41 566
-
Employer
33 589
-
114 500
-
total
-
-
-
-
Corporate
80 911
114 500
-
-
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%.

4 046
5 725
-
-
total
4 046
5 725
-
-
Dividends
76 865
108 775
-
-
social contributions
10 607
15 012
-
-
health
5 365
7 593
-
-
withholding
11 530
16 316
-
-
total
27 502
38 921
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 130
44 646
41 566
40 968
After tax
70 370
69 854
72 934
73 532
Living cost
21 007
21 007
21 007
21 007
Free-cash
49 363
48 847
51 927
52 525

Estimated living cost  is ₽21007 per week

₽14058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29019
₽27487
₽21801
-₽2156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
6 076
income
-
-
-
21 120
chamber of commerce
-
-
-
459
health
-
-
-
8 759
surtax
-
-
-
196
pensions
-
-
-
21 182
total
-
-
-
57 792
Employee
49 509
39 479
88 761
-
pensions
5 070
4 042
9 090
-
unemployment
1 485
1 184
2 662
-
income
5 636
2 912
18 685
-
other
494
395
887
-
health
1 916
1 528
3 435
-
total
14 601
10 061
34 759
-
Employer
49 509
39 479
88 761
-
chamber of commerce
197
158
355
-
health
1 871
1 493
3 356
-
payroll
1 485
1 184
2 662
-
pensions
6 213
4 956
11 139
-
surtax
196
196
196
-
accident
643
513
1 154
-
other
2 352
1 874
4 215
-
unemployment
1 485
1 184
2 662
-
total
14 442
11 558
25 739
-
Corporate
50 549
63 463
85 001
-
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.

12 637
15 865
21 251
-
total
12 637
15 865
21 251
-
Dividends
37 912
47 598
-
-
withholding
10 426
13 090
-
-
total
10 426
13 090
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 106
50 574
81 749
57 792
After tax
62 394
63 926
32 751
56 708
Living cost
34 907
34 907
34 907
34 907
Free-cash
27 487
29 019
-2 156
21 801

Estimated living cost  is ₽34907 per week

₽23282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28039
₽13181
₽15909
₽7540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
national
-
-
-
38 316
communal

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

-
-
-
5 766
social contributions
-
-
-
18 388
total
-
-
-
62 470
Employee

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

70 863
-
88 680
-
national
21 786
-
28 805
-
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.

5 315
-
6 651
-
communal

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

3 696
-
4 625
-
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.

617
-
771
-
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.

3 329
-
4 168
-
total
34 743
-
45 020
-
Employer

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

70 863
-
88 680
-
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.

4 358
-
5 456
-
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.

6 279
-
7 856
-
surtax
8 035
-
10 058
-
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.

921
-
1 154
-
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.

1 034
-
1 295
-
total
20 627
-
25 819
-
Corporate
23 010
114 500
-
-
income
4 602
22 900
-
-
surtax
92
459
-
-
total
4 694
23 359
-
-
Dividends
18 316
91 141
-
-
withholding

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

5 134
26 981
-
-
total
5 134
26 981
-
-
Income
114 500
114 500
114 500
114 500
Total tax
65 198
50 340
70 839
62 470
After tax
49 302
64 160
43 661
52 030
Living cost
36 121
36 121
36 121
36 121
Free-cash
13 181
28 039
7 540
15 909

Estimated living cost  is ₽36121 per week

₽23267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41269
₽33442
₽27085
₽23529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
643
accident
-
-
-
827
income
-
-
-
24 091
pensions
-
-
-
25 985
other
-
-
-
92
total
-
-
-
51 638
Employee
49 313
-
86 823
-
pensions
2 318
-
4 081
-
unemployment
765
-
1 346
-
income
10 405
-
22 004
-
other
49
-
86
-
total
13 537
-
27 517
-
Employer
49 313
-
86 823
-
pensions
11 637
-
20 490
-
accident
976
-
1 718
-
other
393
-
694
-
unemployment
2 713
-
4 775
-
total
15 719
-
27 677
-
Corporate
49 469
114 500
-
-
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.

7 420
17 175
-
-
total
7 420
17 175
-
-
Dividends
42 049
97 325
-
-
withholding
8 605
20 279
-
-
total
8 605
20 279
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 281
37 454
55 194
51 638
After tax
69 219
77 046
59 306
62 862
Living cost
35 777
35 777
35 777
35 777
Free-cash
33 442
41 269
23 529
27 085

Estimated living cost  is ₽35777 per week

₽26346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15649
₽8157
₽9410
₽14057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
966
income
-
-
-
12 169
communal
-
-
-
7 236
health
-
-
-
8 044
surtax
-
-
-
5 676
pensions
-
-
-
17 162
total
-
-
-
51 253
Employee
75 022
-
102 278
-
pensions
6 001
-
8 182
-
income
7 246
-
15 383
-
surtax
4 598
-
6 268
-
health
3 339
-
4 551
-
total
21 184
-
34 384
-
Employer
75 022
-
102 278
-
health
2 288
-
3 119
-
pensions
6 001
-
8 182
-
accident
675
-
921
-
total
8 964
-
12 222
-
Corporate
30 514
114 500
-
-
income
4 578
17 175
-
-
surtax
320
1 203
-
-
communal
-
7 729
-
-
total
4 898
26 107
-
-
Dividends
25 617
88 393
-
-
income
13 617
5 648
-
-
withholding
3 843
13 259
-
-
total
17 460
18 907
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 506
45 014
46 606
51 253
After tax
61 994
69 486
67 894
63 247
Living cost
53 837
53 837
53 837
53 837
Free-cash
8 157
15 649
14 057
9 410

Estimated living cost  is ₽53837 per week

₽40386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49770
₽46618
₽34349
₽32468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
226
income
-
-
-
23 549
health
-
-
-
8 129
surtax
-
-
-
3 096
pensions
-
-
-
22 900
other
-
-
-
-
total
-
-
-
57 900
Employee
33 362
-
94 587
-
pensions
2 226
-
6 309
-
unemployment
2 322
-
6 584
-
income
5 593
-
21 766
-
other
-
-
-
-
surtax
118
-
2 799
-
health
852
-
2 412
-
total
11 111
-
39 870
-
Employer
33 362
-
94 587
-
health
1 517
-
4 303
-
pensions
4 448
-
12 609
-
other
-
-
-
-
unemployment
1 058
-
2 999
-
total
7 023
-
19 911
-
Corporate
74 114
114 500
-
-
income
19 270
29 769
-
-
total
19 270
29 769
-
-
Dividends
54 845
84 731
-
-
withholding
8 227
12 710
-
-
total
8 227
12 710
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 631
42 479
59 781
57 900
After tax
68 869
72 021
54 719
56 600
Living cost
22 251
22 251
22 251
22 251
Free-cash
46 618
49 770
32 468
34 349

Estimated living cost  is ₽22251 per week

₽13434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33497
₽31297
₽30556
₽25138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
681
national
-
-
-
25 400
regional
-
-
-
1 727
social contributions
-
-
-
29 450
total
-
-
-
57 258
Employee
54 954
-
114 500
-
national
8 706
-
21 920
-
social contributions
18 531
-
38 609
-
municipal
291
-
607
-
regional
740
-
1 540
-
total
28 268
-
62 676
-
Employer
54 954
-
114 500
-
total
-
-
-
-
Corporate
59 546
114 500
-
-
municipal
2 959
5 691
-
-
nationa
14 292
27 480
-
-
total
17 251
33 171
-
-
Dividends
42 296
81 330
-
-
withholding
10 998
21 146
-
-
total
10 998
21 146
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 517
54 317
62 676
57 258
After tax
57 983
60 183
51 824
57 242
Living cost
26 686
26 686
26 686
26 686
Free-cash
31 297
33 497
25 138
30 556

Estimated living cost  is ₽26686 per week

₽16596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2703
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.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48412
₽37561
₽25347
₽27684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
solidarity contribution
-
-
-
-
income
-
-
-
9 841
health
-
-
-
15 457
social contributions
-
-
-
33 434
total
-
-
-
58 732
Employee
44 736
-
85 448
-
social contributions
2 908
-
5 554
-
income
5 368
-
10 254
-
solidarity contribution
-
-
-
-
health
6 039
-
11 535
-
total
14 315
-
27 343
-
Employer
44 736
-
85 448
-
social contributions
11 184
-
21 362
-
health
4 026
-
7 690
-
total
15 210
-
29 052
-
Corporate
54 553
114 500
-
-
income
10 365
21 755
-
-
total
10 365
21 755
-
-
Dividends
44 188
92 745
-
-
withholding
6 628
13 912
-
-
total
6 628
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
46 518
35 667
56 395
58 732
After tax
67 982
78 833
58 105
55 768
Living cost
30 421
30 421
30 421
30 421
Free-cash
37 561
48 412
27 684
25 347

Estimated living cost  is ₽30421 per week

₽22623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32427
₽31935
₽25298
₽1179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
6 076
income
-
-
-
21 120
chamber of commerce
-
-
-
459
health
-
-
-
8 759
surtax
-
-
-
-
pensions
-
-
-
21 182
total
-
-
-
57 596
Employee
43 305
39 479
88 912
-
pensions
4 435
4 042
9 105
-
unemployment
1 299
1 184
2 668
-
income
3 858
2 912
18 736
-
other
432
395
889
-
health
1 675
1 528
3 440
-
total
11 699
10 061
34 838
-
Employer
43 305
39 479
88 912
-
chamber of commerce
173
158
355
-
health
1 637
1 493
3 361
-
payroll
1 299
1 184
2 668
-
pensions
5 435
4 956
11 158
-
surtax
-
-
-
-
accident
562
513
1 156
-
other
2 057
1 874
4 222
-
unemployment
1 299
1 184
2 668
-
total
12 462
11 362
25 588
-
Corporate
58 733
63 658
85 152
-
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.

14 683
15 914
21 289
-
total
14 683
15 914
21 289
-
Dividends
44 050
47 744
-
-
withholding
12 115
13 130
-
-
total
12 115
13 130
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 959
50 467
81 715
57 596
After tax
63 541
64 033
32 785
56 904
Living cost
31 606
31 606
31 606
31 606
Free-cash
31 935
32 427
1 179
25 298

Estimated living cost  is ₽31606 per week

₽18959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95582
₽93108
₽100162
₽78407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
114 500
microenterprise

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

-
-
-
1 145
total
-
-
-
1 145
Employee
16 491
-
114 500
-
income
3 298
-
22 900
-
total
3 298
-
22 900
-
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%.

98 009
114 500
-
-
total
-
-
-
-
Dividends
98 009
114 500
-
-
withholding
4 901
5 725
-
-
total
4 901
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
8 199
5 725
22 900
1 145
After tax
106 301
108 775
91 600
113 355
Living cost
13 193
13 193
13 193
13 193
Free-cash
93 108
95 582
78 407
100 162

Estimated living cost  is ₽13193 per week

₽8928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52261
₽43977
₽31992
₽28708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
unemployment
-
-
-
171
income
-
-
-
23 587
health
-
-
-
11 267
pensions
-
-
-
20 911
total
-
-
-
55 936
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.

43 807
-
99 073
-
pensions
6 790
-
15 356
-
unemployment
62
-
139
-
income
7 554
-
21 897
-
health
2 829
-
6 401
-
total
17 235
-
43 793
-
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.

43 807
-
99 073
-
health
2 918
-
6 599
-
pensions
3 876
-
8 768
-
unemployment
26
-
60
-
total
6 820
-
15 427
-
Corporate
63 872
114 500
-
-
income
12 135
21 755
-
-
total
12 135
21 755
-
-
Dividends
51 737
92 745
-
-
withholding
7 761
13 912
-
-
total
7 761
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 951
35 667
59 220
55 936
After tax
70 549
78 833
55 280
58 564
Living cost
26 572
26 572
26 572
26 572
Free-cash
43 977
52 261
28 708
31 992

Estimated living cost  is ₽26572 per week

₽18236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23014
-₽46697
₽32481
₽53629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
22 318
social contributions
-
-
-
13 053
total
-
-
-
35 371
Employee
66 887
-
-
-
social contributions
5 485
-
782
-
income
14 754
-
-
-
total
20 239
-
782
-
Employer
66 887
-
-
-
social contributions
94 310
-
13 441
-
total
94 310
-
13 441
-
Corporate
-
114 500
-
-
income
-
25 190
-
-
total
-
25 190
-
-
Dividends
-
89 310
-
-
income
-
19 648
-
-
total
-
19 648
-
-
Income
114 500
114 500
114 500
114 500
Total tax
114 549
44 838
14 223
35 371
After tax
-49
69 662
100 277
79 129
Living cost
46 648
46 648
46 648
46 648
Free-cash
-46 697
23 014
53 629
32 481

Estimated living cost  is ₽46648 per week

₽30267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34054
₽33056
₽32221
₽25415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
income
-
-
-
11 415
surtax
-
-
-
-
social contributions

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

-
-
-
39 790
total
-
-
-
51 205
Employee
45 563
-
92 525
-
social contributions
5 012
-
10 178
-
income
9 477
-
25 858
-
surtax
-
-
-
-
total
14 489
-
36 036
-
Employer
45 563
-
92 525
-
social contributions
10 821
-
21 975
-
total
10 821
-
21 975
-
Corporate
58 116
114 500
-
-
income
12 205
24 045
-
-
surtax
-
-
-
-
total
12 205
24 045
-
-
Dividends
45 911
90 455
-
-
withholding
12 855
25 327
-
-
total
12 855
25 327
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 370
49 372
58 011
51 205
After tax
64 130
65 128
56 489
63 295
Living cost
31 074
31 074
31 074
31 074
Free-cash
33 056
34 054
25 415
32 221

Estimated living cost  is ₽31074 per week

₽23250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9862
₽16671
₽17649
₽21721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
13 088
health
-
-
-
2 968
surtax
-
-
-
-
pensions
-
-
-
26 136
other
-
-
-
3 549
social contributions
-
-
-
3 262
total
-
-
-
49 003
Employee
62 047
-
91 929
-
pensions
7 018
-
4 954
-
social contributions
1 767
-
2 619
-
income
5 414
-
14 787
-
surtax
-
-
-
-
total
14 199
-
22 360
-
Employer
62 047
-
91 929
-
social contributions
186
-
276
-
health
4 343
-
6 803
-
pensions
10 195
-
8 598
-
other
2 141
-
3 172
-
unemployment
2 514
-
3 722
-
total
19 379
-
22 571
-
Corporate
33 074
114 500
-
-
income
9 261
32 059
-
-
surtax
-
-
-
-
total
9 261
32 059
-
-
Dividends
23 813
82 441
-
-
social contributions
4 095
14 179
-
-
surtax
-
-
-
-
withholding
3 047
10 552
-
-
total
7 142
24 731
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 981
56 790
44 931
49 003
After tax
64 519
57 710
69 569
65 497
Living cost
47 848
47 848
47 848
47 848
Free-cash
16 671
9 862
21 721
17 649

Estimated living cost  is ₽47848 per week

₽32382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73270
₽69942
₽56613
₽59659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
2 916
social contributions
-
-
-
25 192
total
-
-
-
28 108
Employee
31 849
-
99 135
-
social contributions
2 070
-
6 445
-
income
-
-
3 252
-
total
2 070
-
9 697
-
Employer
31 849
-
99 135
-
social contributions
4 937
-
15 365
-
total
4 937
-
15 365
-
Corporate
77 714
114 500
-
-
income
7 772
11 451
-
-
total
7 772
11 451
-
-
Dividends
69 943
103 049
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
14 779
11 451
25 062
28 108
After tax
99 721
103 049
89 438
86 392
Living cost
29 779
29 779
29 779
29 779
Free-cash
69 942
73 270
59 659
56 613

Estimated living cost  is ₽29779 per week

₽19255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
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.
₽7719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽100862
-₽100862
₽22485
-₽100862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
22 081
national
-
-
-
12 382
labour market
-
-
-
9 091
pensions
-
-
-
857
total
-
-
-
44 411
Employee
200 924
200 924
200 924
-
national
24 547
24 547
24 547
-
pensions
286
286
286
-
municipal
42 786
42 786
42 786
-
labour market
16 051
16 051
16 051
-
total
83 670
83 670
83 670
-
Employer
200 924
200 924
200 924
-
municipal
42 854
42 854
42 854
-
labour market
16 074
16 074
16 074
-
national
24 589
24 589
24 589
-
pensions
571
571
571
-
total
84 088
84 088
84 088
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
167 758
167 758
167 758
44 411
After tax
-53 258
-53 258
-53 258
70 089
Living cost
47 604
47 604
47 604
47 604
Free-cash
-100 862
-100 862
-100 862
22 485

Estimated living cost  is ₽47604 per week

₽32581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12107
₽5996
₽57105
₽38731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
249
income
-
-
-
29 144
health
-
-
-
2 151
pensions
-
-
-
4 104
other
-
-
-
366
total
-
-
-
36 014
Employee
33 635
-
99 531
-
pensions
3 787
-
7 526
-
income
4 614
-
20 497
-
health
3 851
-
11 396
-
total
12 252
-
39 419
-
Employer
33 635
-
99 531
-
pensions
5 469
-
10 868
-
accident
562
-
1 662
-
unemployment
824
-
2 439
-
total
6 855
-
14 969
-
Corporate
74 011
114 500
-
-
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.

66 610
103 050
-
-
total
66 610
103 050
-
-
Dividends
7 401
11 450
-
-
withholding
1 406
2 176
-
-
total
1 406
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
87 123
105 226
54 388
36 014
After tax
27 377
9 274
60 112
78 486
Living cost
21 381
21 381
21 381
21 381
Free-cash
5 996
-12 107
38 731
57 105

Estimated living cost  is ₽21381 per week

₽15563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36917
₽36361
₽41544
₽25845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
114 500
municipal
-
-
-
20 368
national
-
-
-
13 204
health
-
-
-
1 350
total
-
-
-
34 922
Employee
52 121
-
96 323
-
national
861
-
7 713
-
pensions
3 517
-
6 501
-
unemployment
782
-
1 446
-
municipal
8 537
-
15 715
-
health
389
-
1 070
-
total
14 086
-
32 445
-
Employer
52 121
-
96 323
-
health
400
-
743
-
pensions
9 043
-
16 711
-
accident
53
-
96
-
unemployment
338
-
626
-
total
9 834
-
18 176
-
Corporate
52 545
114 500
-
-
income
10 509
22 900
-
-
total
10 509
22 900
-
-
Dividends

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

31 527
68 700
-
-
municipal
5 676
12 366
-
-
national
-
4 283
-
-
total
5 676
16 649
-
-
Income
114 500
114 500
114 500
114 500
Total tax
40 105
39 549
50 621
34 922
After tax
74 395
74 951
63 879
79 578
Living cost
38 034
38 034
38 034
38 034
Free-cash
36 361
36 917
25 845
41 544

Estimated living cost  is ₽38034 per week

₽24844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60788
₽55397
₽57465
₽56206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
15 149
health
-
-
-
2 920
social contributions
-
-
-
16 029
total
-
-
-
34 098
Employee
76 177
76 177
104 047
-
social contributions
2 880
6 322
8 528
-
income
8 294
7 052
14 607
-
health
590
1 295
1 769
-
total
11 764
14 669
24 904
-
Employer
76 177
76 177
104 047
-
social contributions
2 880
6 322
8 528
-
health
641
1 410
1 925
-
total
3 521
7 732
10 453
-
Corporate
76 277
30 590
-
-
income
9 535
3 824
-
-
total
9 535
3 824
-
-
Dividends
66 742
26 767
-
-
withholding
11 346
4 550
-
-
total
11 346
4 550
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 166
30 775
35 357
34 098
After tax
78 334
83 725
79 143
80 402
Living cost
22 937
22 937
22 937
22 937
Free-cash
55 397
60 788
56 206
57 465

Estimated living cost  is ₽22937 per week

₽13746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2250
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.
₽6433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79090
₽74047
₽77702
₽57830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
114 500
unemployment
-
-
-
28
income
-
-
-
11 154
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
21 069
Employee

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

22 739
-
104 818
-
pensions
3 410
-
14 100
-
unemployment
113
-
470
-
income
1 555
-
8 699
-
health
1 933
-
7 990
-
total
7 011
-
31 259
-
Employer

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

22 739
-
104 818
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
89 420
114 500
-
-
income
8 048
10 304
-
-
total
8 048
10 304
-
-
Dividends
81 372
104 196
-
-
withholding
7 324
9 377
-
-
total
7 324
9 377
-
-
Income
114 500
114 500
114 500
114 500
Total tax
24 724
19 681
40 941
21 069
After tax
89 776
94 819
73 559
93 431
Living cost
15 729
15 729
15 729
15 729
Free-cash
74 047
79 090
57 830
77 702

Estimated living cost  is ₽15729 per week

₽10035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49804
₽44674
₽35620
₽32064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
643
accident
-
-
-
827
income
-
-
-
24 091
pensions
-
-
-
25 985
other
-
-
-
92
total
-
-
-
51 638
Employee
36 631
-
86 823
-
pensions
1 722
-
4 081
-
unemployment
568
-
1 346
-
income
7 062
-
22 004
-
other
36
-
86
-
total
9 388
-
27 517
-
Employer
36 631
-
86 823
-
pensions
8 644
-
20 490
-
accident
726
-
1 718
-
other
293
-
694
-
unemployment
2 015
-
4 775
-
total
11 678
-
27 677
-
Corporate
66 191
114 500
-
-
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.

9 928
17 175
-
-
total
9 928
17 175
-
-
Dividends
56 263
97 325
-
-
withholding
11 590
20 279
-
-
total
11 590
20 279
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 584
37 454
55 194
51 638
After tax
71 916
77 046
59 306
62 862
Living cost
27 242
27 242
27 242
27 242
Free-cash
44 674
49 804
32 064
35 620

Estimated living cost  is ₽27242 per week

₽18388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
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.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69765
₽69488
₽71754
₽71634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
38 945
health
-
-
-
890
pensions
-
-
-
1 228
total
-
-
-
41 063
Employee
2 564
-
113 119
-
pensions
231
-
553
-
unemployment
26
-
61
-
income
496
-
38 881
-
health
128
-
307
-
total
881
-
39 802
-
Employer
2 564
-
113 119
-
health
244
-
583
-
pensions
282
-
675
-
unemployment
51
-
123
-
total
577
-
1 381
-
Corporate
111 359
114 500
-
-
income
24 499
25 190
-
-
total
24 499
25 190
-
-
Dividends
86 860
89 310
-
-
withholding
17 372
17 862
-
-
total
17 372
17 862
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 329
43 052
41 183
41 063
After tax
71 171
71 448
73 317
73 437
Living cost
1 683
1 683
1 683
1 683
Free-cash
69 488
69 765
71 634
71 754

Estimated living cost  is ₽1683 per week

₽1000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65609
₽60739
₽45336
₽45335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
unemployment
-
-
-
1 097
income
-
-
-
24 397
health
-
-
-
7 534
pensions
-
-
-
19 019
total
-
-
-
52 047
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.

25 812
-
101 406
-
pensions
3 614
-
10 241
-
unemployment
194
-
549
-
income
3 558
-
24 397
-
health
1 329
-
3 767
-
total
8 695
-
38 954
-
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.

25 812
-
101 406
-
health
1 329
-
3 767
-
pensions
3 097
-
8 778
-
unemployment
194
-
549
-
total
4 620
-
13 094
-
Corporate
84 068
114 500
-
-
income
12 610
17 175
-
-
total
12 610
17 175
-
-
Dividends
71 457
97 325
-
-
withholding
10 719
14 599
-
-
total
10 719
14 599
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 644
31 774
52 048
52 047
After tax
77 856
82 726
62 452
62 453
Living cost
17 117
17 117
17 117
17 117
Free-cash
60 739
65 609
45 335
45 336

Estimated living cost  is ₽17117 per week

₽11525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1324
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.
₽3773
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38420
₽38062
₽36587
₽29781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
income
-
-
-
11 415
surtax
-
-
-
-
social contributions

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

-
-
-
39 790
total
-
-
-
51 205
Employee
38 450
-
92 525
-
social contributions
4 230
-
10 178
-
income
7 513
-
25 858
-
surtax
-
-
-
-
total
11 743
-
36 036
-
Employer
38 450
-
92 525
-
social contributions
9 131
-
21 975
-
total
9 131
-
21 975
-
Corporate
66 919
114 500
-
-
income
14 053
24 045
-
-
surtax
-
-
-
-
total
14 053
24 045
-
-
Dividends
52 866
90 455
-
-
withholding
14 803
25 327
-
-
total
14 803
25 327
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 730
49 372
58 011
51 205
After tax
64 770
65 128
56 489
63 295
Living cost
26 708
26 708
26 708
26 708
Free-cash
38 062
38 420
29 781
36 587

Estimated living cost  is ₽26708 per week

₽18916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42230
₽34739
₽28046
₽24490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
643
accident
-
-
-
827
income
-
-
-
24 091
pensions
-
-
-
25 985
other
-
-
-
92
total
-
-
-
51 638
Employee
47 844
-
86 823
-
pensions
2 248
-
4 081
-
unemployment
741
-
1 346
-
income
9 993
-
22 004
-
other
47
-
86
-
total
13 029
-
27 517
-
Employer
47 844
-
86 823
-
pensions
11 291
-
20 490
-
accident
948
-
1 718
-
other
384
-
694
-
unemployment
2 632
-
4 775
-
total
15 255
-
27 677
-
Corporate
51 401
114 500
-
-
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.

7 710
17 175
-
-
total
7 710
17 175
-
-
Dividends
43 692
97 325
-
-
withholding
8 951
20 279
-
-
total
8 951
20 279
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 945
37 454
55 194
51 638
After tax
69 555
77 046
59 306
62 862
Living cost
34 816
34 816
34 816
34 816
Free-cash
34 739
42 230
24 490
28 046

Estimated living cost  is ₽34816 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80863
₽74826
₽71055
₽74897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
138
income
-
-
-
17 175
health
-
-
-
3 978
pensions

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

-
-
-
5 119
total
-
-
-
26 410
Employee
22 557
-
107 713
-
pensions

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

1 980
-
3 037
-
income
2 256
-
10 771
-
health
1 038
-
1 591
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 522
-
15 780
-
Employer
22 557
-
107 713
-
health
1 557
-
2 387
-
pensions

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

2 486
-
3 812
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
135
-
208
-
total
4 426
-
6 788
-
Corporate
87 517
114 500
-
-
income
8 752
11 450
-
-
total
8 752
11 450
-
-
Dividends
78 765
103 050
-
-
withholding
3 939
5 152
-
-
total
3 939
5 152
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 639
16 602
22 568
26 410
After tax
91 861
97 898
91 932
88 090
Living cost
17 035
17 035
17 035
17 035
Free-cash
74 826
80 863
74 897
71 055

Estimated living cost  is ₽17035 per week

₽11267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20781
₽33739
₽29344
₽39165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
trade
-
-
-
9 821
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.

-
-
-
28 739
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.

-
-
-
6 768
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.

-
-
-
1 581
total
-
-
-
46 909
Employee

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

49 292
-
114 500
-
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.

4 053
-
28 739
-
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.

224
-
1 581
-
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.

6 768
-
6 768
-
total
11 045
-
37 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 208
114 500
-
-
income
9 781
17 175
-
-
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.

538
944
-
-
trade
9 357
16 431
-
-
chamber of commerce
246
318
-
-
total
19 922
34 868
-
-
Dividends
45 286
79 632
-
-
surtax

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

602
1 073
-
-
withholding
10 945
19 531
-
-
total
11 547
20 604
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 514
55 472
37 088
46 909
After tax
71 986
59 028
77 412
67 591
Living cost
38 247
38 247
38 247
38 247
Free-cash
33 739
20 781
39 165
29 344

Estimated living cost  is ₽38247 per week

₽26383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23718
₽25904
₽18134
₽18134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
29 425
social contributions
-
-
-
10 508
total
-
-
-
39 933
Employee
77 492
-
114 500
-
social contributions
6 438
-
10 508
-
income
14 622
-
29 425
-
total
21 060
-
39 933
-
Employer
77 492
-
114 500
-
total
-
-
-
-
Corporate
37 008
114 500
-
-
income
4 627
14 312
-
-
total
4 627
14 312
-
-
Dividends
32 381
100 188
-
-
withholding
6 476
20 037
-
-
total
6 476
20 037
-
-
Income
114 500
114 500
114 500
114 500
Total tax
32 163
34 349
39 933
39 933
After tax
82 337
80 151
74 567
74 567
Living cost
56 433
56 433
56 433
56 433
Free-cash
25 904
23 718
18 134
18 134

Estimated living cost  is ₽56433 per week

₽42933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33230
₽36693
₽44244
₽48371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
income
-
-
-
28 200
health

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

-
-
-
6 095
total
-
-
-
34 295
Employee
45 446
-
109 943
-
social contributions
4 553
-
4 557
-
income
4 931
-
21 054
-
total
9 484
-
25 611
-
Employer
45 446
-
109 943
-
social contributions
4 553
-
4 557
-
total
4 553
-
4 557
-
Corporate
64 501
114 500
-
-
income
22 575
40 075
-
-
total
22 575
40 075
-
-
Dividends
41 926
74 425
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 846
45 309
30 168
34 295
After tax
72 654
69 191
84 332
80 205
Living cost
35 961
35 961
35 961
35 961
Free-cash
36 693
33 230
48 371
44 244

Estimated living cost  is ₽35961 per week

₽23688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44533
₽43187
₽43518
₽32890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
26 257
pensions
-
-
-
7 741
total
-
-
-
33 998
Employee
50 766
-
100 584
-
pensions
3 875
-
9 855
-
income
9 245
-
19 172
-
health
662
-
1 684
-
total
13 782
-
30 711
-
Employer
50 766
-
100 584
-
health
965
-
1 912
-
pensions
5 129
-
12 003
-
total
6 094
-
13 915
-
Corporate
57 640
114 500
-
-
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.

10 951
21 755
-
-
total
10 951
21 755
-
-
Dividends
46 689
92 745
-
-
withholding
3 502
11 228
-
-
total
3 502
11 228
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 329
32 983
44 626
33 998
After tax
80 171
81 517
69 874
80 502
Living cost
36 984
36 984
36 984
36 984
Free-cash
43 187
44 533
32 890
43 518

Estimated living cost  is ₽36984 per week

₽25371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14224
₽5672
₽54988
₽36614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
249
income
-
-
-
29 144
health
-
-
-
2 151
pensions
-
-
-
4 104
other
-
-
-
366
total
-
-
-
36 014
Employee
36 964
-
99 531
-
pensions
4 162
-
7 526
-
income
5 071
-
20 497
-
health
4 232
-
11 396
-
total
13 465
-
39 419
-
Employer
36 964
-
99 531
-
pensions
6 010
-
10 868
-
accident
617
-
1 662
-
unemployment
905
-
2 439
-
total
7 532
-
14 969
-
Corporate
70 003
114 500
-
-
income

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

63 003
103 050
-
-
total
63 003
103 050
-
-
Dividends
7 000
11 450
-
-
withholding
1 330
2 176
-
-
total
1 330
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
85 330
105 226
54 388
36 014
After tax
29 170
9 274
60 112
78 486
Living cost
23 498
23 498
23 498
23 498
Free-cash
5 672
-14 224
36 614
54 988

Estimated living cost  is ₽23498 per week

₽17245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82961
₽78321
₽51653
₽61341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
114 500
unemployment
-
-
-
1 374
health insurance
-
-
-
8 473
income
-
-
-
17 969
work injury
-
-
-
572
pensions
-
-
-
21 068
total
-
-
-
49 456
Employee

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

21 426
-
114 500
-
work injury
107
-
396
-
pensions
3 942
-
14 586
-
unemployment
257
-
951
-
income
2 143
-
17 969
-
health insurance
1 586
-
5 866
-
total
8 035
-
39 768
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 074
114 500
-
-
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%.

931
1 145
-
-
total
931
1 145
-
-
Dividends
92 143
113 355
-
-
withholding
13 822
17 003
-
-
total
13 822
17 003
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 788
18 148
39 768
49 456
After tax
91 712
96 352
74 732
65 044
Living cost
13 391
13 391
13 391
13 391
Free-cash
78 321
82 961
61 341
51 653

Estimated living cost  is ₽13391 per week

₽8296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽20843
₽16339
₽16989
₽11754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
765
national
-
-
-
25 400
regional
-
-
-
2 430
social contributions
-
-
-
29 450
total
-
-
-
58 045
Employee
83 480
-
114 500
-
national
14 107
-
21 920
-
social contributions
28 149
-
38 609
-
municipal
498
-
682
-
regional
1 260
-
2 069
-
total
44 014
-
63 280
-
Employer
83 480
-
114 500
-
total
-
-
-
-
Corporate
31 020
114 500
-
-
municipal
1 495
5 520
-
-
nationa
7 445
27 480
-
-
total
8 940
33 000
-
-
Dividends
22 081
81 501
-
-
withholding
5 741
21 191
-
-
total
5 741
21 191
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 695
54 191
63 280
58 045
After tax
55 805
60 309
51 220
56 455
Living cost
39 466
39 466
39 466
39 466
Free-cash
16 339
20 843
11 754
16 989

Estimated living cost  is ₽39466 per week

₽27722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
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.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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