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
₽37020
₽29129
₽39611
₽48113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
11 093
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.

-
-
-
1 628
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.

-
-
-
29 578
total
-
-
-
48 774
Employee

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

36 249
-
114 500
-
health

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

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

6 475
-
6 475
-
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.

56
-
1 628
-
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.

1 013
-
29 578
-
total
7 544
-
37 681
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 251
114 500
-
-
trade
12 325
18 034
-
-
chamber of commerce
257
308
-
-
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.

646
944
-
-
income
11 737
17 176
-
-
total
24 965
36 462
-
-
Dividends
53 286
78 039
-
-
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.

712
1 054
-
-
withholding
12 962
19 149
-
-
total
13 674
20 203
-
-
Income
114 500
114 500
114 500
114 500
Total tax
46 183
56 665
37 681
48 774
After tax
68 317
57 835
76 819
65 726
Living cost
28 706
28 706
28 706
28 706
Free-cash
39 611
29 129
48 113
37 020

Estimated living cost  is ₽28706 per week

₽18057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18436
₽21254
₽20419
₽19336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 119
social contributions
-
-
-
1 231
national
-
-
-
18 780
pensions
-
-
-
13 740
total
-
-
-
45 870
Employee
77 810
-
98 984
-
pensions
3 112
-
3 959
-
national
14 893
-
19 466
-
municipal
9 611
-
12 562
-
total
27 616
-
35 987
-
Employer
77 810
-
98 984
-
pensions
6 225
-
7 919
-
social contributions
836
-
1 064
-
total
7 061
-
8 983
-
Corporate
24 493
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%.

4 899
22 900
-
-
total
4 899
22 900
-
-
Dividends
19 595
91 600
-
-
withholding
4 311
20 152
-
-
total
4 311
20 152
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 887
43 052
44 970
45 870
After tax
70 613
71 448
69 530
68 630
Living cost
50 194
50 194
50 194
50 194
Free-cash
20 419
21 254
19 336
18 436

Estimated living cost  is ₽50194 per week

₽34116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12370
₽71883
₽64108
₽44595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 312
income
-
-
-
16 904
microenterprise
-
-
-
-
surtax
-
-
-
29 197
total
-
-
-
82 413
Employee
27 693
-
92 272
-
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.

3 047
-
10 151
-
income
4 930
-
17 809
-
total
7 977
-
27 960
-
Employer
27 693
-
92 272
-
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.

6 671
-
22 228
-
total
6 671
-
22 228
-
Corporate
80 136
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%.

16 027
22 900
-
-
total
16 027
22 900
-
-
Dividends

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

64 109
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
30 675
22 900
50 188
82 413
After tax
83 825
91 600
64 312
32 087
Living cost
19 717
19 717
19 717
19 717
Free-cash
64 108
71 883
44 595
12 370

Estimated living cost  is ₽19717 per week

₽12579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25970
₽16205
₽10399
₽21880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 687
pensions
-
-
-
11 104
income
-
-
-
26 037
total
-
-
-
48 828
Employee
80 933
80 933
97 439
-
health
12 422
10 566
11 507
-
pensions
14 568
11 104
11 104
-
income

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

13 247
13 247
13 247
-
total
40 237
34 917
35 858
-
Employer
80 933
80 933
97 439
-
health
5 626
5 626
6 771
-
pensions
5 633
5 633
6 782
-
unemployment
2 914
2 914
3 507
-
total
14 173
14 173
17 060
-
Corporate
20 387
19 394
-
-
income
4 077
3 879
-
-
total
4 077
3 879
-
-
Dividends
16 310
15 515
-
-
income
3 466
3 297
-
-
withholding
2 446
2 327
-
-
total
5 912
5 624
-
-
Income
114 500
114 500
114 500
114 500
Total tax
64 399
58 593
52 918
48 828
After tax
50 101
55 907
61 582
65 672
Living cost
39 702
39 702
39 702
39 702
Free-cash
10 399
16 205
21 880
25 970

Estimated living cost  is ₽39702 per week

₽28136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21556
₽22837
₽21947
₽20487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 427
accident
-
-
-
174
other
-
-
-
10 105
municipal
-
-
-
26 631
pensions
-
-
-
9 401
national
-
-
-
1 439
unemployment
-
-
-
87
total
-
-
-
53 264
Employee
56 541
-
87 176
-
national
-
-
1 013
-
municipal
16 860
-
25 996
-
total
16 860
-
27 009
-
Employer
56 541
-
87 176
-
health
3 477
-
5 348
-
accident
113
-
174
-
pensions
6 112
-
9 401
-
other
6 570
-
10 105
-
unemployment
1 493
-
2 296
-
total
17 765
-
27 324
-
Corporate
40 194
114 500
-
-
income
8 843
25 190
-
-
total
8 843
25 190
-
-
Dividends
31 351
89 310
-
-
withholding
9 405
26 793
-
-
total
9 405
26 793
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 873
51 983
54 333
53 264
After tax
61 627
62 517
60 167
61 236
Living cost
39 680
39 680
39 680
39 680
Free-cash
21 947
22 837
20 487
21 556

Estimated living cost  is ₽39680 per week

₽26299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28002
₽20015
₽33330
₽39588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
11 586
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.

-
-
-
1 628
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.

-
-
-
29 578
total
-
-
-
49 267
Employee

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

48 062
-
114 500
-
health

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

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

6 475
-
6 475
-
surtax

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

227
-
1 628
-
income

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

4 129
-
29 578
-
total
10 831
-
37 681
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 438
114 500
-
-
trade
10 930
18 836
-
-
chamber of commerce
239
308
-
-
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.

549
944
-
-
income
9 966
17 176
-
-
total
21 684
37 264
-
-
Dividends
44 755
77 237
-
-
surtax

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

595
1 041
-
-
withholding
10 829
18 949
-
-
total
11 424
19 990
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 939
57 254
37 681
49 267
After tax
70 561
57 246
76 819
65 233
Living cost
37 231
37 231
37 231
37 231
Free-cash
33 330
20 015
39 588
28 002

Estimated living cost  is ₽37231 per week

₽24900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49565
₽52959
₽49028
₽48326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 919
social contributions
-
-
-
15 334
income
-
-
-
15 942
total
-
-
-
34 195
Employee
72 877
72 877
104 410
-
health
725
1 239
1 775
-
social contributions
3 541
6 048
8 158
-
income
7 653
6 746
15 411
-
total
11 919
14 033
25 344
-
Employer
72 877
72 877
104 410
-
health
790
1 349
1 932
-
social contributions
3 541
6 048
8 158
-
total
4 331
7 397
10 090
-
Corporate
67 510
34 226
-
-
income
8 439
4 279
-
-
total
8 439
4 279
-
-
Dividends
59 072
29 947
-
-
withholding
10 043
5 092
-
-
total
10 043
5 092
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 732
30 801
35 434
34 195
After tax
79 768
83 699
79 066
80 305
Living cost
30 740
30 740
30 740
30 740
Free-cash
49 028
52 959
48 326
49 565

Estimated living cost  is ₽30740 per week

₽21014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61971
₽47082
₽47444
₽49028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 015
pensions
-
-
-
11 450
unemployment
-
-
-
1 717
income
-
-
-
13 998
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.

25 043
9 967
95 816
-
health
1 753
698
6 707
-
pensions
2 504
997
9 582
-
unemployment
376
150
1 437
-
income
3 062
1 218
11 713
-
total
7 695
3 063
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.

25 043
9 967
95 816
-
pensions
4 883
1 944
18 684
-
total
4 883
1 944
18 684
-
Corporate
84 573
102 590
-
-
income
7 612
9 233
-
-
total
7 612
9 233
-
-
Dividends
76 962
93 356
-
-
social contributions
14 894
18 091
-
-
withholding
14 623
17 738
-
-
total
29 517
35 829
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 707
50 069
48 123
35 180
After tax
64 793
64 431
66 377
79 320
Living cost
17 349
17 349
17 349
17 349
Free-cash
47 444
47 082
49 028
61 971

Estimated living cost  is ₽17349 per week

₽11839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38481
₽68709
₽62820
₽43104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 885
pensions
-
-
-
22 900
income
-
-
-
15 343
total
-
-
-
53 128
Employee
26 886
-
85 574
-
pensions
538
-
1 712
-
unemployment
430
-
1 369
-
income
3 027
-
16 500
-
total
3 995
-
19 581
-
Employer
26 886
-
85 574
-
health
3 495
-
11 124
-
pensions
5 378
-
17 115
-
unemployment
216
-
685
-
total
9 089
-
28 924
-
Corporate
78 526
114 500
-
-
income
15 705
22 900
-
-
total
15 705
22 900
-
-
Dividends
62 822
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
28 789
22 900
48 505
53 128
After tax
85 711
91 600
65 995
61 372
Living cost
22 891
22 891
22 891
22 891
Free-cash
62 820
68 709
43 104
38 481

Estimated living cost  is ₽22891 per week

₽15701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57444
-₽11748
₽6050
₽39278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
29 378
total
-
-
-
36 033
Employee
33 070
-
99 858
-
health
3 787
-
11 434
-
pensions
3 724
-
7 291
-
income
4 537
-
20 831
-
total
12 048
-
39 556
-
Employer
33 070
-
99 858
-
accident
552
-
1 668
-
pensions
5 377
-
10 528
-
unemployment
810
-
2 447
-
total
6 739
-
14 643
-
Corporate
74 690
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.

67 221
103 050
-
-
total
67 221
103 050
-
-
Dividends
7 469
11 450
-
-
withholding
1 419
2 175
-
-
total
1 419
2 175
-
-
Income
114 500
114 500
114 500
114 500
Total tax
87 427
105 225
54 199
36 033
After tax
27 073
9 275
60 301
78 467
Living cost
21 023
21 023
21 023
21 023
Free-cash
6 050
-11 748
39 278
57 444

Estimated living cost  is ₽21023 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105556
₽100976
₽99515
₽83801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 748
-
114 500
-
income
1 949
-
22 900
-
total
1 949
-
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%.

104 752
114 500
-
-
total
-
-
-
-
Dividends
104 752
114 500
-
-
withholding
5 237
5 725
-
-
total
5 237
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
7 186
5 725
22 900
1 145
After tax
107 314
108 775
91 600
113 355
Living cost
7 799
7 799
7 799
7 799
Free-cash
99 515
100 976
83 801
105 556

Estimated living cost  is ₽7799 per week

₽4833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36164
₽58870
₽52468
₽40901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 038
other
-
-
-
5 439
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
income
-
-
-
15 126
total
-
-
-
53 083
Employee
34 411
-
91 452
-
health
482
-
1 281
-
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.

2 408
-
6 401
-
unemployment
344
-
914
-
income
5 924
-
16 705
-
total
9 158
-
25 301
-
Employer
34 411
-
91 452
-
health
482
-
1 281
-
accident
275
-
732
-
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.

5 851
-
15 546
-
other
1 721
-
4 572
-
unemployment
344
-
914
-
total
8 673
-
23 045
-
Corporate
71 416
114 500
-
-
income
14 998
24 044
-
-
total
14 998
24 044
-
-
Dividends
56 418
90 456
-
-
withholding
3 950
6 333
-
-
total
3 950
6 333
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 779
30 377
48 346
53 083
After tax
77 721
84 123
66 154
61 417
Living cost
25 253
25 253
25 253
25 253
Free-cash
52 468
58 870
40 901
36 164

Estimated living cost  is ₽25253 per week

₽17843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
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.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16604
₽17329
₽9570
₽5954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 466
income
-
-
-
27 197
total
-
-
-
34 663
Employee
89 466
-
100 503
-
health
1 474
-
1 660
-
pensions
8 631
-
9 564
-
income
16 127
-
20 094
-
total
26 232
-
31 318
-
Employer
89 466
-
100 503
-
health
1 699
-
1 909
-
pensions
10 563
-
12 086
-
total
12 262
-
13 995
-
Corporate
12 772
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.

2 426
21 756
-
-
total
2 426
21 756
-
-
Dividends
10 346
92 744
-
-
withholding
777
12 182
-
-
total
777
12 182
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 697
33 938
45 313
34 663
After tax
72 803
80 562
69 187
79 837
Living cost
63 233
63 233
63 233
63 233
Free-cash
9 570
17 329
5 954
16 604

Estimated living cost  is ₽63233 per week

₽47382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76153
₽85525
₽81143
₽80085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 790
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
income
-
-
-
17 175
total
-
-
-
25 975
Employee
16 382
-
108 033
-
health
753
-
1 516
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
10 803
-
total
4 009
-
15 576
-
Employer
16 382
-
108 033
-
health
1 131
-
2 274
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 805
-
3 632
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
94 904
114 500
-
-
income
9 491
11 450
-
-
total
9 491
11 450
-
-
Dividends
85 413
103 050
-
-
withholding
4 271
5 153
-
-
total
4 271
5 153
-
-
Income
114 500
114 500
114 500
114 500
Total tax
20 985
16 603
22 043
25 975
After tax
93 515
97 897
92 457
88 525
Living cost
12 372
12 372
12 372
12 372
Free-cash
81 143
85 525
80 085
76 153

Estimated living cost  is ₽12372 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13118
₽3353
₽5737
₽9028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 687
pensions
-
-
-
11 104
income
-
-
-
26 037
total
-
-
-
48 828
Employee
87 867
80 933
97 439
-
health
10 962
10 566
11 507
-
pensions
11 104
11 104
11 104
-
income

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

13 247
13 247
13 247
-
total
35 313
34 917
35 858
-
Employer
87 867
80 933
97 439
-
health
6 106
5 626
6 771
-
pensions
6 115
5 633
6 782
-
unemployment
3 164
2 914
3 507
-
total
15 385
14 173
17 060
-
Corporate
11 248
19 394
-
-
income
2 250
3 879
-
-
total
2 250
3 879
-
-
Dividends
8 998
15 515
-
-
income
1 912
3 297
-
-
withholding
1 349
2 327
-
-
total
3 261
5 624
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 209
58 593
52 918
48 828
After tax
58 291
55 907
61 582
65 672
Living cost
52 554
52 554
52 554
52 554
Free-cash
5 737
3 353
9 028
13 118

Estimated living cost  is ₽52554 per week

₽38767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32338
₽55404
₽47045
₽34676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 458
social contributions
-
-
-
33 434
solidarity contribution
-
-
-
-
income
-
-
-
9 841
total
-
-
-
58 733
Employee
34 455
-
85 448
-
health
4 651
-
11 535
-
solidarity contribution
-
-
-
-
social contributions
2 240
-
5 554
-
income
4 135
-
10 254
-
total
11 026
-
27 343
-
Employer
34 455
-
85 448
-
health
3 101
-
7 690
-
social contributions
8 614
-
21 362
-
total
11 715
-
29 052
-
Corporate
68 330
114 500
-
-
income
12 983
21 755
-
-
total
12 983
21 755
-
-
Dividends
55 347
92 745
-
-
withholding
8 302
13 912
-
-
total
8 302
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 026
35 667
56 395
58 733
After tax
70 474
78 833
58 105
55 767
Living cost
23 429
23 429
23 429
23 429
Free-cash
47 045
55 404
34 676
32 338

Estimated living cost  is ₽23429 per week

₽16274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17381
₽21100
₽16153
₽11931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 298
municipal
-
-
-
680
social contributions
-
-
-
29 449
national
-
-
-
25 701
total
-
-
-
57 128
Employee
84 229
-
114 500
-
regional
795
-
1 140
-
national
14 595
-
22 221
-
social contributions
28 402
-
38 609
-
municipal
446
-
608
-
total
44 238
-
62 578
-
Employer
84 229
-
114 500
-
total
-
-
-
-
Corporate
30 271
114 500
-
-
nationa
7 264
27 480
-
-
municipal
1 180
4 466
-
-
total
8 444
31 946
-
-
Dividends
21 827
82 555
-
-
withholding
5 674
21 463
-
-
total
5 674
21 463
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 356
53 409
62 578
57 128
After tax
56 144
61 091
51 922
57 372
Living cost
39 991
39 991
39 991
39 991
Free-cash
16 153
21 100
11 931
17 381

Estimated living cost  is ₽39991 per week

₽27877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34952
₽51106
₽48158
₽33069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 129
other
-
-
-
-
pensions
-
-
-
22 900
unemployment
-
-
-
216
income
-
-
-
24 156
surtax
-
-
-
3 234
total
-
-
-
58 635
Employee
31 341
-
94 589
-
health
800
-
2 412
-
pensions
2 090
-
6 309
-
unemployment
2 182
-
6 583
-
surtax
103
-
2 935
-
income
5 253
-
22 370
-
other
-
-
-
-
total
10 428
-
40 609
-
Employer
31 341
-
94 589
-
health
1 426
-
4 302
-
pensions
4 178
-
12 609
-
other
-
-
-
-
unemployment
993
-
2 998
-
total
6 597
-
19 909
-
Corporate
76 562
114 500
-
-
income
19 906
29 771
-
-
total
19 906
29 771
-
-
Dividends
56 656
84 729
-
-
withholding
8 498
12 710
-
-
total
8 498
12 710
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 429
42 481
60 518
58 635
After tax
69 071
72 019
53 982
55 865
Living cost
20 913
20 913
20 913
20 913
Free-cash
48 158
51 106
33 069
34 952

Estimated living cost  is ₽20913 per week

₽12787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36637
₽37362
₽35148
₽25987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 466
income
-
-
-
27 197
total
-
-
-
34 663
Employee
59 958
-
100 503
-
health
870
-
1 660
-
pensions
5 089
-
9 564
-
income
10 799
-
20 094
-
total
16 758
-
31 318
-
Employer
59 958
-
100 503
-
health
1 139
-
1 909
-
pensions
6 490
-
12 086
-
total
7 629
-
13 995
-
Corporate
46 913
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.

8 914
21 756
-
-
total
8 914
21 756
-
-
Dividends
37 999
92 744
-
-
withholding
2 851
12 182
-
-
total
2 851
12 182
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 152
33 938
45 313
34 663
After tax
78 348
80 562
69 187
79 837
Living cost
43 200
43 200
43 200
43 200
Free-cash
35 148
37 362
25 987
36 637

Estimated living cost  is ₽43200 per week

₽32365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17646
-₽24975
₽8114
₽11964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
258
city
-
-
-
1 208
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.

-
-
-
2 290
regional
-
-
-
4 292
pensions
-
-
-
10 533
national
-
-
-
939
total
-
-
-
19 520
Employee
90 501
-
102 483
-
health
205
-
230
-
regional
2 963
-
3 671
-
pensions
7 603
-
8 608
-
unemployment
-
-
-
-
national
428
-
705
-
city
971
-
1 100
-
total
12 170
-
14 314
-
Employer
90 501
-
102 483
-
health
205
-
230
-
pensions
7 603
-
8 608
-
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
-
2 050
-
unemployment
-
-
-
-
total
9 617
-
10 888
-
Corporate
13 387
114 500
-
-
national
1 138
9 733
-
-
regional
2 830
24 216
-
-
total
3 968
33 949
-
-
Dividends
9 418
80 551
-
-
withholding
3 297
28 192
-
-
total
3 297
28 192
-
-
Income
114 500
114 500
114 500
114 500
Total tax
29 052
62 141
25 202
19 520
After tax
85 448
52 359
89 298
94 980
Living cost
77 334
77 334
77 334
77 334
Free-cash
8 114
-24 975
11 964
17 646

Estimated living cost  is ₽77334 per week

₽50289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6940
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.
₽19155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21322
₽13241
₽28610
₽33403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
12 081
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.

-
-
-
1 628
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.

-
-
-
29 578
total
-
-
-
49 762
Employee

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

56 957
-
114 500
-
health

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

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

6 475
-
6 475
-
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.

369
-
1 628
-
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.

6 698
-
29 578
-
total
13 542
-
37 681
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 543
114 500
-
-
trade
9 868
19 636
-
-
chamber of commerce
225
306
-
-
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.

475
944
-
-
income
8 631
17 176
-
-
total
19 199
38 062
-
-
Dividends
38 343
76 438
-
-
surtax

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

507
1 031
-
-
withholding
9 226
18 750
-
-
total
9 733
19 781
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 474
57 843
37 681
49 762
After tax
72 026
56 657
76 819
64 738
Living cost
43 416
43 416
43 416
43 416
Free-cash
28 610
13 241
33 403
21 322

Estimated living cost  is ₽43416 per week

₽31710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32947
₽25284
₽30879
₽36328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 205
other
-
-
-
3 550
pensions
-
-
-
25 415
social contributions
-
-
-
3 263
income
-
-
-
13 695
surtax
-
-
-
-
total
-
-
-
49 128
Employee
40 562
-
91 562
-
pensions
4 586
-
5 104
-
surtax
-
-
-
-
social contributions
1 156
-
2 608
-
income
2 394
-
15 096
-
total
8 136
-
22 808
-
Employer
40 562
-
91 562
-
health
2 840
-
6 978
-
pensions
6 664
-
8 819
-
other
1 399
-
3 158
-
social contributions
122
-
275
-
unemployment
1 642
-
3 709
-
total
12 667
-
22 939
-
Corporate
61 271
114 500
-
-
surtax
-
-
-
-
income
17 156
32 060
-
-
total
17 156
32 060
-
-
Dividends
44 115
82 440
-
-
social contributions
7 590
14 179
-
-
surtax
-
-
-
-
withholding
5 647
10 552
-
-
total
13 237
24 731
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 196
56 791
45 747
49 128
After tax
63 304
57 709
68 753
65 372
Living cost
32 425
32 425
32 425
32 425
Free-cash
30 879
25 284
36 328
32 947

Estimated living cost  is ₽32425 per week

₽20446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36159
₽28496
₽33761
₽39540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 205
other
-
-
-
3 550
pensions
-
-
-
25 415
social contributions
-
-
-
3 263
income
-
-
-
13 695
surtax
-
-
-
-
total
-
-
-
49 128
Employee
36 207
-
91 562
-
pensions
4 095
-
5 104
-
surtax
-
-
-
-
social contributions
1 032
-
2 608
-
income
1 867
-
15 096
-
total
6 994
-
22 808
-
Employer
36 207
-
91 562
-
health
2 534
-
6 978
-
pensions
5 949
-
8 819
-
other
1 250
-
3 158
-
social contributions
108
-
275
-
unemployment
1 466
-
3 709
-
total
11 307
-
22 939
-
Corporate
66 986
114 500
-
-
surtax
-
-
-
-
income
18 757
32 060
-
-
total
18 757
32 060
-
-
Dividends
48 229
82 440
-
-
social contributions
8 295
14 179
-
-
surtax
-
-
-
-
withholding
6 173
10 552
-
-
total
14 468
24 731
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 526
56 791
45 747
49 128
After tax
62 974
57 709
68 753
65 372
Living cost
29 213
29 213
29 213
29 213
Free-cash
33 761
28 496
39 540
36 159

Estimated living cost  is ₽29213 per week

₽16942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53432
₽49759
₽50249
₽52612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 993
social contributions
-
-
-
15 802
income
-
-
-
17 176
total
-
-
-
40 971
Employee
32 134
-
114 500
-
health
2 243
-
7 993
-
social contributions
4 435
-
15 802
-
income
5 360
-
17 996
-
total
12 038
-
41 791
-
Employer
32 134
-
114 500
-
total
-
-
-
-
Corporate
82 366
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%.

4 119
5 725
-
-
total
4 119
5 725
-
-
Dividends
78 247
108 775
-
-
social contributions
10 798
15 010
-
-
health
5 462
7 593
-
-
withholding
11 737
16 316
-
-
total
27 997
38 919
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 154
44 644
41 791
40 971
After tax
70 346
69 856
72 709
73 529
Living cost
20 097
20 097
20 097
20 097
Free-cash
50 249
49 759
52 612
53 432

Estimated living cost  is ₽20097 per week

₽13449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23536
₽30458
₽28989
-₽1198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 469
pensions
-
-
-
20 483
unemployment
-
-
-
5 813
income
-
-
-
22 158
chamber of commerce
-
-
-
459
surtax
-
-
-
187
total
-
-
-
57 569
Employee
47 364
37 769
88 763
-
health
1 833
1 462
3 435
-
pensions
4 851
3 867
9 090
-
unemployment
1 421
1 133
2 664
-
income
5 392
2 786
19 197
-
other
473
378
888
-
total
13 970
9 626
35 274
-
Employer
47 364
37 769
88 763
-
payroll
1 421
1 133
2 664
-
health
1 790
1 428
3 356
-
surtax
187
187
187
-
accident
615
491
1 155
-
pensions
5 944
4 741
11 140
-
chamber of commerce
189
151
354
-
other
2 250
1 793
4 218
-
unemployment
1 421
1 133
2 664
-
total
13 817
11 057
25 738
-
Corporate
53 320
65 674
85 166
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

13 331
16 419
21 291
-
total
13 331
16 419
21 291
-
Dividends
39 989
49 255
-
-
withholding
10 998
13 545
-
-
total
10 998
13 545
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 116
50 647
82 303
57 569
After tax
62 384
63 853
32 197
56 931
Living cost
33 395
33 395
33 395
33 395
Free-cash
28 989
30 458
-1 198
23 536

Estimated living cost  is ₽33395 per week

₽22273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17093
₽29587
₽15375
₽8682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
18 293
national
-
-
-
38 785
communal

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

-
-
-
5 773
total
-
-
-
62 851
Employee

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

67 792
-
88 682
-
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.

3 185
-
4 167
-
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.

5 084
-
6 651
-
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.

590
-
772
-
national
20 842
-
29 228
-
communal

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

3 536
-
4 626
-
total
33 237
-
45 444
-
Employer

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

67 792
-
88 682
-
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.

4 169
-
5 455
-
surtax
7 687
-
10 057
-
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.

881
-
1 153
-
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.

6 007
-
7 858
-
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.

989
-
1 295
-
total
19 733
-
25 818
-
Corporate
26 974
114 500
-
-
surtax
108
459
-
-
income
5 396
22 900
-
-
total
5 504
23 359
-
-
Dividends
21 471
91 141
-
-
withholding

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

6 095
26 998
-
-
total
6 095
26 998
-
-
Income
114 500
114 500
114 500
114 500
Total tax
64 569
50 357
71 262
62 851
After tax
49 931
64 143
43 238
51 649
Living cost
34 556
34 556
34 556
34 556
Free-cash
15 375
29 587
8 682
17 093

Estimated living cost  is ₽34556 per week

₽22258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29037
₽42727
₽35325
₽24729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
24 883
total
-
-
-
51 236
Employee
47 176
-
86 819
-
pensions
2 218
-
4 081
-
unemployment
732
-
1 345
-
other
47
-
86
-
income
9 954
-
22 353
-
total
12 951
-
27 865
-
Employer
47 176
-
86 819
-
accident
933
-
1 719
-
pensions
11 133
-
20 489
-
other
376
-
696
-
unemployment
2 595
-
4 775
-
total
15 037
-
27 679
-
Corporate
52 286
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.

7 843
17 176
-
-
total
7 843
17 176
-
-
Dividends
44 443
97 324
-
-
withholding
9 117
20 370
-
-
total
9 117
20 370
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 948
37 546
55 544
51 236
After tax
69 552
76 954
58 956
63 264
Living cost
34 227
34 227
34 227
34 227
Free-cash
35 325
42 727
24 729
29 037

Estimated living cost  is ₽34227 per week

₽25204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10964
₽17787
₽8958
₽15545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 045
accident
-
-
-
966
pensions
-
-
-
17 161
communal
-
-
-
7 237
income
-
-
-
12 947
surtax
-
-
-
5 676
total
-
-
-
52 032
Employee
71 772
-
102 279
-
health
3 194
-
4 550
-
pensions
5 741
-
8 181
-
surtax
4 399
-
6 268
-
income
6 932
-
16 231
-
total
20 266
-
35 230
-
Employer
71 772
-
102 279
-
health
2 189
-
3 119
-
accident
646
-
921
-
pensions
5 741
-
8 181
-
total
8 576
-
12 221
-
Corporate
34 153
114 500
-
-
communal
2 306
7 728
-
-
surtax
358
1 201
-
-
income
5 122
17 176
-
-
total
7 786
26 105
-
-
Dividends
26 367
88 395
-
-
income
13 455
5 845
-
-
withholding
3 955
13 259
-
-
total
17 410
19 104
-
-
Income
114 500
114 500
114 500
114 500
Total tax
54 038
45 209
47 451
52 032
After tax
60 462
69 291
67 049
62 468
Living cost
51 504
51 504
51 504
51 504
Free-cash
8 958
17 787
15 545
10 964

Estimated living cost  is ₽51504 per week

₽38636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34578
₽50732
₽47720
₽32695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 129
other
-
-
-
-
pensions
-
-
-
22 900
unemployment
-
-
-
216
income
-
-
-
24 156
surtax
-
-
-
3 234
total
-
-
-
58 635
Employee
31 917
-
94 589
-
health
815
-
2 412
-
pensions
2 129
-
6 309
-
unemployment
2 221
-
6 583
-
surtax
113
-
2 935
-
income
5 351
-
22 370
-
other
-
-
-
-
total
10 629
-
40 609
-
Employer
31 917
-
94 589
-
health
1 451
-
4 302
-
pensions
4 255
-
12 609
-
other
-
-
-
-
unemployment
1 013
-
2 998
-
total
6 719
-
19 909
-
Corporate
75 864
114 500
-
-
income
19 724
29 771
-
-
total
19 724
29 771
-
-
Dividends
56 140
84 729
-
-
withholding
8 421
12 710
-
-
total
8 421
12 710
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 493
42 481
60 518
58 635
After tax
69 007
72 019
53 982
55 865
Living cost
21 287
21 287
21 287
21 287
Free-cash
47 720
50 732
32 695
34 578

Estimated living cost  is ₽21287 per week

₽12852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
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.
₽6092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31413
₽34654
₽32549
₽25992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 727
municipal
-
-
-
680
social contributions
-
-
-
29 449
national
-
-
-
25 701
total
-
-
-
57 557
Employee
52 573
-
114 500
-
regional
708
-
1 540
-
national
8 329
-
22 221
-
social contributions
17 728
-
38 609
-
municipal
279
-
608
-
total
27 044
-
62 978
-
Employer
52 573
-
114 500
-
total
-
-
-
-
Corporate
61 927
114 500
-
-
nationa
14 863
27 480
-
-
municipal
3 077
5 691
-
-
total
17 940
33 171
-
-
Dividends
43 987
81 330
-
-
withholding
11 437
21 145
-
-
total
11 437
21 145
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 421
54 316
62 978
57 557
After tax
58 079
60 184
51 522
56 943
Living cost
25 530
25 530
25 530
25 530
Free-cash
32 549
34 654
25 992
31 413

Estimated living cost  is ₽25530 per week

₽15877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26896
₽49962
₽39663
₽29234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 458
social contributions
-
-
-
33 434
solidarity contribution
-
-
-
-
income
-
-
-
9 841
total
-
-
-
58 733
Employee
42 458
-
85 448
-
health
5 732
-
11 535
-
solidarity contribution
-
-
-
-
social contributions
2 760
-
5 554
-
income
5 095
-
10 254
-
total
13 587
-
27 343
-
Employer
42 458
-
85 448
-
health
3 821
-
7 690
-
social contributions
10 614
-
21 362
-
total
14 435
-
29 052
-
Corporate
57 607
114 500
-
-
income
10 945
21 755
-
-
total
10 945
21 755
-
-
Dividends
46 661
92 745
-
-
withholding
6 999
13 912
-
-
total
6 999
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 966
35 667
56 395
58 733
After tax
68 534
78 833
58 105
55 767
Living cost
28 871
28 871
28 871
28 871
Free-cash
39 663
49 962
29 234
26 896

Estimated living cost  is ₽28871 per week

₽21470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26882
₽33719
₽33249
₽1997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 469
pensions
-
-
-
20 483
unemployment
-
-
-
5 813
income
-
-
-
22 158
chamber of commerce
-
-
-
459
surtax
-
-
-
-
total
-
-
-
57 382
Employee
41 428
37 769
88 911
-
health
1 602
1 462
3 441
-
pensions
4 243
3 867
9 104
-
unemployment
1 243
1 133
2 667
-
income
3 691
2 786
19 250
-
other
414
378
888
-
total
11 193
9 626
35 350
-
Employer
41 428
37 769
88 911
-
payroll
1 243
1 133
2 667
-
health
1 567
1 428
3 361
-
surtax
-
-
-
-
accident
538
491
1 156
-
pensions
5 200
4 741
11 158
-
chamber of commerce
165
151
356
-
other
1 968
1 793
4 223
-
unemployment
1 243
1 133
2 667
-
total
11 924
10 870
25 588
-
Corporate
61 149
65 861
85 314
-
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.

15 287
16 465
21 329
-
total
15 287
16 465
21 329
-
Dividends
45 862
49 396
-
-
withholding
12 611
13 584
-
-
total
12 611
13 584
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 015
50 545
82 267
57 382
After tax
63 485
63 955
32 233
57 118
Living cost
30 236
30 236
30 236
30 236
Free-cash
33 249
33 719
1 997
26 882

Estimated living cost  is ₽30236 per week

₽18138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
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.
₽8471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101202
₽96622
₽94342
₽79447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 192
-
114 500
-
income
3 039
-
22 900
-
total
3 039
-
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%.

99 308
114 500
-
-
total
-
-
-
-
Dividends
99 308
114 500
-
-
withholding
4 966
5 725
-
-
total
4 966
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
8 005
5 725
22 900
1 145
After tax
106 495
108 775
91 600
113 355
Living cost
12 153
12 153
12 153
12 153
Free-cash
94 342
96 622
79 447
101 202

Estimated living cost  is ₽12153 per week

₽8224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32955
₽53412
₽45486
₽29673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 266
pensions
-
-
-
20 911
unemployment
-
-
-
171
income
-
-
-
23 776
total
-
-
-
56 124
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.

41 909
-
99 074
-
health
2 707
-
6 401
-
pensions
6 496
-
15 356
-
unemployment
59
-
138
-
income
7 227
-
22 085
-
total
16 489
-
43 980
-
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.

41 909
-
99 074
-
health
2 791
-
6 599
-
pensions
3 709
-
8 768
-
unemployment
25
-
59
-
total
6 525
-
15 426
-
Corporate
66 066
114 500
-
-
income
12 552
21 755
-
-
total
12 552
21 755
-
-
Dividends
53 514
92 745
-
-
withholding
8 027
13 912
-
-
total
8 027
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 593
35 667
59 406
56 124
After tax
70 907
78 833
55 094
58 376
Living cost
25 421
25 421
25 421
25 421
Free-cash
45 486
53 412
29 673
32 955

Estimated living cost  is ₽25421 per week

₽17446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35917
₽26450
-₽34824
₽58113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
13 053
income
-
-
-
22 318
total
-
-
-
35 371
Employee
61 960
-
-
-
social contributions
5 081
-
724
-
income
13 667
-
-
-
total
18 748
-
724
-
Employer
61 960
-
-
-
social contributions
87 364
-
12 451
-
total
87 364
-
12 451
-
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
106 112
44 838
13 175
35 371
After tax
8 388
69 662
101 325
79 129
Living cost
43 212
43 212
43 212
43 212
Free-cash
-34 824
26 450
58 113
35 917

Estimated living cost  is ₽43212 per week

₽28038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
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.
₽10560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33342
₽35401
₽34446
₽26276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
39 789
income
-
-
-
11 641
surtax
-
-
-
-
total
-
-
-
51 430
Employee
43 589
-
92 526
-
surtax
-
-
-
-
social contributions
4 795
-
10 178
-
income
9 067
-
26 344
-
total
13 862
-
36 522
-
Employer
43 589
-
92 526
-
social contributions
10 352
-
21 974
-
total
10 352
-
21 974
-
Corporate
60 559
114 500
-
-
surtax
-
-
-
-
income
12 717
24 044
-
-
total
12 717
24 044
-
-
Dividends
47 842
90 456
-
-
withholding
13 395
25 327
-
-
total
13 395
25 327
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 326
49 371
58 496
51 430
After tax
64 174
65 129
56 004
63 070
Living cost
29 728
29 728
29 728
29 728
Free-cash
34 446
35 401
26 276
33 342

Estimated living cost  is ₽29728 per week

₽22242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19597
₽11934
₽18447
₽22978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 205
other
-
-
-
3 550
pensions
-
-
-
25 415
social contributions
-
-
-
3 263
income
-
-
-
13 695
surtax
-
-
-
-
total
-
-
-
49 128
Employee
59 359
-
91 562
-
pensions
6 714
-
5 104
-
surtax
-
-
-
-
social contributions
1 691
-
2 608
-
income
5 179
-
15 096
-
total
13 584
-
22 808
-
Employer
59 359
-
91 562
-
health
4 155
-
6 978
-
pensions
9 753
-
8 819
-
other
2 049
-
3 158
-
social contributions
178
-
275
-
unemployment
2 405
-
3 709
-
total
18 540
-
22 939
-
Corporate
36 602
114 500
-
-
surtax
-
-
-
-
income
10 248
32 060
-
-
total
10 248
32 060
-
-
Dividends
26 354
82 440
-
-
social contributions
4 532
14 179
-
-
surtax
-
-
-
-
withholding
3 374
10 552
-
-
total
7 906
24 731
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 278
56 791
45 747
49 128
After tax
64 222
57 709
68 753
65 372
Living cost
45 775
45 775
45 775
45 775
Free-cash
18 447
11 934
22 978
19 597

Estimated living cost  is ₽45775 per week

₽30979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57645
₽74562
₽71377
₽60688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 176
social contributions
-
-
-
25 190
total
-
-
-
28 366
Employee
30 469
-
99 135
-
social contributions
1 980
-
6 444
-
income
-
-
3 514
-
total
1 980
-
9 958
-
Employer
30 469
-
99 135
-
social contributions
4 723
-
15 365
-
total
4 723
-
15 365
-
Corporate
79 308
114 500
-
-
income
7 931
11 449
-
-
total
7 931
11 449
-
-
Dividends
71 377
103 051
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
14 634
11 449
25 323
28 366
After tax
99 866
103 051
89 177
86 134
Living cost
28 489
28 489
28 489
28 489
Free-cash
71 377
74 562
60 688
57 645

Estimated living cost  is ₽28489 per week

₽18420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24262
-₽91691
-₽91691
-₽91691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 301
labour market
-
-
-
9 094
national
-
-
-
12 446
pensions
-
-
-
820
total
-
-
-
44 661
Employee
192 370
192 370
192 370
-
pensions
273
273
273
-
labour market
15 368
15 368
15 368
-
national
23 501
23 501
23 501
-
municipal
40 964
40 964
40 964
-
total
80 106
80 106
80 106
-
Employer
192 370
192 370
192 370
-
municipal
41 029
41 029
41 029
-
labour market
15 390
15 390
15 390
-
national
23 542
23 542
23 542
-
pensions
547
547
547
-
total
80 508
80 508
80 508
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
160 614
160 614
160 614
44 661
After tax
-46 114
-46 114
-46 114
69 839
Living cost
45 577
45 577
45 577
45 577
Free-cash
-91 691
-91 691
-91 691
24 262

Estimated living cost  is ₽45577 per week

₽31193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57754
-₽11438
₽6098
₽39588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
29 378
total
-
-
-
36 033
Employee
32 583
-
99 858
-
health
3 731
-
11 434
-
pensions
3 669
-
7 291
-
income
4 470
-
20 831
-
total
11 870
-
39 556
-
Employer
32 583
-
99 858
-
accident
544
-
1 668
-
pensions
5 298
-
10 528
-
unemployment
798
-
2 447
-
total
6 640
-
14 643
-
Corporate
75 277
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.

67 749
103 050
-
-
total
67 749
103 050
-
-
Dividends
7 528
11 450
-
-
withholding
1 430
2 175
-
-
total
1 430
2 175
-
-
Income
114 500
114 500
114 500
114 500
Total tax
87 689
105 225
54 199
36 033
After tax
26 811
9 275
60 301
78 467
Living cost
20 713
20 713
20 713
20 713
Free-cash
6 098
-11 438
39 588
57 754

Estimated living cost  is ₽20713 per week

₽15077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
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.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42712
₽38237
₽38132
₽27013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 367
municipal
-
-
-
20 365
national
-
-
-
13 670
total
-
-
-
35 402
Employee
49 863
-
96 324
-
health
372
-
1 088
-
pensions
3 365
-
6 502
-
unemployment
748
-
1 444
-
national
824
-
8 179
-
municipal
8 167
-
15 712
-
total
13 476
-
32 925
-
Employer
49 863
-
96 324
-
health
383
-
741
-
accident
50
-
97
-
pensions
8 651
-
16 712
-
unemployment
324
-
626
-
total
9 408
-
18 176
-
Corporate
55 229
114 500
-
-
income
11 046
22 900
-
-
total
11 046
22 900
-
-
Dividends

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

33 137
68 700
-
-
national
88
4 610
-
-
municipal
5 964
12 367
-
-
total
6 052
16 977
-
-
Income
114 500
114 500
114 500
114 500
Total tax
39 982
39 877
51 101
35 402
After tax
74 518
74 623
63 399
79 098
Living cost
36 386
36 386
36 386
36 386
Free-cash
38 132
38 237
27 013
42 712

Estimated living cost  is ₽36386 per week

₽23767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
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.
₽8541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58362
₽61756
₽56598
₽57123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 919
social contributions
-
-
-
15 334
income
-
-
-
15 942
total
-
-
-
34 195
Employee
72 877
72 877
104 410
-
health
565
1 239
1 775
-
social contributions
2 755
6 048
8 158
-
income
7 935
6 746
15 411
-
total
11 255
14 033
25 344
-
Employer
72 877
72 877
104 410
-
health
613
1 349
1 932
-
social contributions
2 755
6 048
8 158
-
total
3 368
7 397
10 090
-
Corporate
77 933
34 226
-
-
income
9 743
4 279
-
-
total
9 743
4 279
-
-
Dividends
68 191
29 947
-
-
withholding
11 593
5 092
-
-
total
11 593
5 092
-
-
Income
114 500
114 500
114 500
114 500
Total tax
35 959
30 801
35 434
34 195
After tax
78 541
83 699
79 066
80 305
Living cost
21 943
21 943
21 943
21 943
Free-cash
56 598
61 756
57 123
58 362

Estimated living cost  is ₽21943 per week

₽13151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2153
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.
₽6155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78750
₽79771
₽74950
₽59740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 430
pensions
-
-
-
6 029
unemployment
-
-
-
27
income
-
-
-
11 217
total
-
-
-
20 703
Employee

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

21 754
-
105 238
-
health
1 849
-
7 644
-
pensions
3 263
-
13 489
-
unemployment
108
-
450
-
income
1 487
-
8 867
-
total
6 707
-
30 450
-
Employer

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

21 754
-
105 238
-
health
935
-
3 867
-
pensions
1 196
-
4 946
-
unemployment
108
-
450
-
total
2 239
-
9 263
-
Corporate
90 507
114 500
-
-
income
8 145
10 305
-
-
total
8 145
10 305
-
-
Dividends
82 361
104 195
-
-
withholding
7 412
9 377
-
-
total
7 412
9 377
-
-
Income
114 500
114 500
114 500
114 500
Total tax
24 503
19 682
39 713
20 703
After tax
89 997
94 818
74 787
93 797
Living cost
15 047
15 047
15 047
15 047
Free-cash
74 950
79 771
59 740
78 750

Estimated living cost  is ₽15047 per week

₽9600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37202
₽50892
₽46069
₽32894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
24 883
total
-
-
-
51 236
Employee
35 044
-
86 819
-
pensions
1 647
-
4 081
-
unemployment
543
-
1 345
-
other
34
-
86
-
income
6 756
-
22 353
-
total
8 980
-
27 865
-
Employer
35 044
-
86 819
-
accident
694
-
1 719
-
pensions
8 270
-
20 489
-
other
281
-
696
-
unemployment
1 928
-
4 775
-
total
11 173
-
27 679
-
Corporate
68 284
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.

10 243
17 176
-
-
total
10 243
17 176
-
-
Dividends
58 042
97 324
-
-
withholding
11 973
20 370
-
-
total
11 973
20 370
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 369
37 546
55 544
51 236
After tax
72 131
76 954
58 956
63 264
Living cost
26 062
26 062
26 062
26 062
Free-cash
46 069
50 892
32 894
37 202

Estimated living cost  is ₽26062 per week

₽17591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
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.
₽5509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71609
₽69674
₽69382
₽71483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
938
pensions
-
-
-
1 294
income
-
-
-
38 885
total
-
-
-
41 117
Employee
2 702
-
113 044
-
health
135
-
323
-
pensions
243
-
582
-
unemployment
27
-
65
-
income
523
-
38 817
-
total
928
-
39 787
-
Employer
2 702
-
113 044
-
health
257
-
615
-
pensions
297
-
712
-
unemployment
54
-
129
-
total
608
-
1 456
-
Corporate
111 190
114 500
-
-
income
24 462
25 190
-
-
total
24 462
25 190
-
-
Dividends
86 728
89 310
-
-
withholding
17 346
17 862
-
-
total
17 346
17 862
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 344
43 052
41 243
41 117
After tax
71 156
71 448
73 257
73 383
Living cost
1 774
1 774
1 774
1 774
Free-cash
69 382
69 674
71 483
71 609

Estimated living cost  is ₽1774 per week

₽1054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47041
₽66367
₽61714
₽47043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 201
pensions
-
-
-
18 176
unemployment
-
-
-
1 049
income
-
-
-
24 674
total
-
-
-
51 100
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.

24 668
-
101 986
-
health
1 270
-
3 600
-
pensions
3 454
-
9 787
-
unemployment
185
-
524
-
income
3 400
-
24 674
-
total
8 309
-
38 585
-
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.

24 668
-
101 986
-
health
1 270
-
3 600
-
pensions
2 960
-
8 389
-
unemployment
185
-
524
-
total
4 415
-
12 513
-
Corporate
85 416
114 500
-
-
income
12 812
17 175
-
-
total
12 812
17 175
-
-
Dividends
72 604
97 325
-
-
withholding
10 891
14 599
-
-
total
10 891
14 599
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 427
31 774
51 098
51 100
After tax
78 073
82 726
63 402
63 400
Living cost
16 359
16 359
16 359
16 359
Free-cash
61 714
66 367
47 043
47 041

Estimated living cost  is ₽16359 per week

₽11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1265
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.
₽3606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37520
₽39579
₽39237
₽30454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
39 789
income
-
-
-
11 641
surtax
-
-
-
-
total
-
-
-
51 430
Employee
36 784
-
92 526
-
surtax
-
-
-
-
social contributions
4 047
-
10 178
-
income
7 187
-
26 344
-
total
11 234
-
36 522
-
Employer
36 784
-
92 526
-
social contributions
8 735
-
21 974
-
total
8 735
-
21 974
-
Corporate
68 981
114 500
-
-
surtax
-
-
-
-
income
14 485
24 044
-
-
total
14 485
24 044
-
-
Dividends
54 495
90 456
-
-
withholding
15 259
25 327
-
-
total
15 259
25 327
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 713
49 371
58 496
51 430
After tax
64 787
65 129
56 004
63 070
Living cost
25 550
25 550
25 550
25 550
Free-cash
39 237
39 579
30 454
37 520

Estimated living cost  is ₽25550 per week

₽18097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1775
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.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29956
₽43646
₽36566
₽25648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
24 883
total
-
-
-
51 236
Employee
45 772
-
86 819
-
pensions
2 151
-
4 081
-
unemployment
709
-
1 345
-
other
45
-
86
-
income
9 560
-
22 353
-
total
12 465
-
27 865
-
Employer
45 772
-
86 819
-
accident
906
-
1 719
-
pensions
10 802
-
20 489
-
other
367
-
696
-
unemployment
2 518
-
4 775
-
total
14 593
-
27 679
-
Corporate
54 135
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.

8 120
17 176
-
-
total
8 120
17 176
-
-
Dividends
46 015
97 324
-
-
withholding
9 448
20 370
-
-
total
9 448
20 370
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 626
37 546
55 544
51 236
After tax
69 874
76 954
58 956
63 264
Living cost
33 308
33 308
33 308
33 308
Free-cash
36 566
43 646
25 648
29 956

Estimated living cost  is ₽33308 per week

₽23920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72293
₽81665
₽75915
₽76225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 790
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
income
-
-
-
17 175
total
-
-
-
25 975
Employee
21 494
-
108 033
-
health
989
-
1 516
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
10 803
-
total
5 262
-
15 576
-
Employer
21 494
-
108 033
-
health
1 483
-
2 274
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

2 369
-
3 632
-
unemployment
129
-
198
-
total
4 217
-
6 467
-
Corporate
88 789
114 500
-
-
income
8 879
11 450
-
-
total
8 879
11 450
-
-
Dividends
79 910
103 050
-
-
withholding
3 995
5 153
-
-
total
3 995
5 153
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 353
16 603
22 043
25 975
After tax
92 147
97 897
92 457
88 525
Living cost
16 232
16 232
16 232
16 232
Free-cash
75 915
81 665
76 225
72 293

Estimated living cost  is ₽16232 per week

₽10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30121
₽22422
₽34821
₽40229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
10 108
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.

-
-
-
1 628
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.

-
-
-
29 578
total
-
-
-
47 789
Employee

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

47 156
-
114 500
-
health

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

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

6 475
-
6 475
-
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.

214
-
1 628
-
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.

3 878
-
29 578
-
total
10 567
-
37 681
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 344
114 500
-
-
trade
9 663
16 431
-
-
chamber of commerce
243
311
-
-
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.

556
944
-
-
income
10 102
17 176
-
-
total
20 564
34 862
-
-
Dividends
46 780
79 638
-
-
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.

624
1 076
-
-
withholding
11 334
19 550
-
-
total
11 958
20 626
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 089
55 488
37 681
47 789
After tax
71 411
59 012
76 819
66 711
Living cost
36 590
36 590
36 590
36 590
Free-cash
34 821
22 422
40 229
30 121

Estimated living cost  is ₽36590 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19779
₽26163
₽28255
₽19779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 134
social contributions
-
-
-
10 600
total
-
-
-
40 734
Employee
74 134
-
114 500
-
social contributions
6 159
-
10 600
-
income
13 989
-
30 134
-
total
20 148
-
40 734
-
Employer
74 134
-
114 500
-
total
-
-
-
-
Corporate
40 366
114 500
-
-
income
5 045
14 313
-
-
total
5 045
14 313
-
-
Dividends
35 321
100 187
-
-
withholding
7 065
20 037
-
-
total
7 065
20 037
-
-
Income
114 500
114 500
114 500
114 500
Total tax
32 258
34 350
40 734
40 734
After tax
82 242
80 150
73 766
73 766
Living cost
53 987
53 987
53 987
53 987
Free-cash
28 255
26 163
19 779
19 779

Estimated living cost  is ₽53987 per week

₽41073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47232
₽35015
₽38326
₽49994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 978
health

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

-
-
-
5 887
total
-
-
-
32 865
Employee
43 477
-
110 140
-
social contributions
4 356
-
4 360
-
income
4 718
-
21 383
-
total
9 074
-
25 743
-
Employer
43 477
-
110 140
-
social contributions
4 356
-
4 360
-
total
4 356
-
4 360
-
Corporate
66 667
114 500
-
-
income
23 334
40 075
-
-
total
23 334
40 075
-
-
Dividends
43 333
74 425
-
-
social contributions
5 007
5 007
-
-
total
5 007
5 007
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 771
45 082
30 103
32 865
After tax
72 729
69 418
84 397
81 635
Living cost
34 403
34 403
34 403
34 403
Free-cash
38 326
35 015
49 994
47 232

Estimated living cost  is ₽34403 per week

₽22661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44717
₽45442
₽45336
₽34067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 466
income
-
-
-
27 197
total
-
-
-
34 663
Employee
48 207
-
100 503
-
health
629
-
1 660
-
pensions
3 679
-
9 564
-
income
8 779
-
20 094
-
total
13 087
-
31 318
-
Employer
48 207
-
100 503
-
health
916
-
1 909
-
pensions
4 870
-
12 086
-
total
5 786
-
13 995
-
Corporate
60 507
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.

11 496
21 756
-
-
total
11 496
21 756
-
-
Dividends
49 010
92 744
-
-
withholding
3 675
12 182
-
-
total
3 675
12 182
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 044
33 938
45 313
34 663
After tax
80 456
80 562
69 187
79 837
Living cost
35 120
35 120
35 120
35 120
Free-cash
45 336
45 442
34 067
44 717

Estimated living cost  is ₽35120 per week

₽24092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55703
-₽13489
₽5783
₽37537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
29 378
total
-
-
-
36 033
Employee
35 808
-
99 858
-
health
4 100
-
11 434
-
pensions
4 032
-
7 291
-
income
4 913
-
20 831
-
total
13 045
-
39 556
-
Employer
35 808
-
99 858
-
accident
598
-
1 668
-
pensions
5 822
-
10 528
-
unemployment
877
-
2 447
-
total
7 297
-
14 643
-
Corporate
71 395
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.

64 255
103 050
-
-
total
64 255
103 050
-
-
Dividends
7 139
11 450
-
-
withholding
1 356
2 175
-
-
total
1 356
2 175
-
-
Income
114 500
114 500
114 500
114 500
Total tax
85 953
105 225
54 199
36 033
After tax
28 547
9 275
60 301
78 467
Living cost
22 764
22 764
22 764
22 764
Free-cash
5 783
-13 489
37 537
55 703

Estimated living cost  is ₽22764 per week

₽16706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52136
₽83564
₽79134
₽62806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
8 473
work injury
-
-
-
573
pensions
-
-
-
21 068
unemployment
-
-
-
1 374
income
-
-
-
18 088
total
-
-
-
49 576
Employee

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

20 461
-
114 500
-
pensions
3 765
-
13 929
-
work injury
102
-
379
-
unemployment
246
-
908
-
health insurance
1 514
-
5 602
-
income
2 046
-
18 088
-
total
7 673
-
38 906
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 039
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%.

940
1 145
-
-
total
940
1 145
-
-
Dividends
93 099
113 355
-
-
withholding
13 965
17 003
-
-
total
13 965
17 003
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 578
18 148
38 906
49 576
After tax
91 922
96 352
75 594
64 924
Living cost
12 788
12 788
12 788
12 788
Free-cash
79 134
83 564
62 806
52 136

Estimated living cost  is ₽12788 per week

₽7922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽18360
₽22554
₽18244
₽13122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 468
municipal
-
-
-
766
social contributions
-
-
-
29 449
national
-
-
-
25 701
total
-
-
-
58 384
Employee
79 863
-
114 500
-
regional
1 206
-
2 109
-
national
13 496
-
22 221
-
social contributions
26 929
-
38 609
-
municipal
477
-
683
-
total
42 108
-
63 622
-
Employer
79 863
-
114 500
-
total
-
-
-
-
Corporate
34 637
114 500
-
-
nationa
8 313
27 480
-
-
municipal
1 669
5 520
-
-
total
9 982
33 000
-
-
Dividends
24 656
81 501
-
-
withholding
6 410
21 190
-
-
total
6 410
21 190
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 500
54 190
63 622
58 384
After tax
56 000
60 310
50 878
56 116
Living cost
37 756
37 756
37 756
37 756
Free-cash
18 244
22 554
13 122
18 360

Estimated living cost  is ₽37756 per week

₽26521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
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.
₽8066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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