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
₽39642
₽29174
₽48140
₽37035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
trade
-
-
-
11 105
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.

-
-
-
29 609
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.

-
-
-
6 464
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.

-
-
-
1 629
total
-
-
-
48 807
Employee

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

36 188
-
114 500
-
surtax

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

56
-
1 629
-
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.

6 464
-
6 464
-
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.

1 011
-
29 609
-
total
7 531
-
37 702
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 312
114 500
-
-
trade
12 335
18 034
-
-
income
11 746
17 176
-
-
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
-
-
chamber of commerce
257
309
-
-
total
24 984
36 463
-
-
Dividends
53 328
78 037
-
-
withholding
12 972
19 151
-
-
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.

713
1 054
-
-
total
13 685
20 205
-
-
Income
114 500
114 500
114 500
114 500
Total tax
46 200
56 668
37 702
48 807
After tax
68 300
57 832
76 798
65 693
Living cost
28 658
28 658
28 658
28 658
Free-cash
39 642
29 174
48 140
37 035

Estimated living cost  is ₽28658 per week

₽18027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22191
₽22997
₽20969
₽20070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 231
pensions
-
-
-
13 740
municipal
-
-
-
12 162
national
-
-
-
18 846
total
-
-
-
45 979
Employee
75 108
-
98 984
-
national
14 376
-
19 533
-
municipal
9 277
-
12 605
-
pensions
3 004
-
3 959
-
total
26 657
-
36 097
-
Employer
75 108
-
98 984
-
pensions
6 009
-
7 919
-
social contributions
807
-
1 064
-
total
6 816
-
8 983
-
Corporate
27 619
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%.

5 524
22 900
-
-
total
5 524
22 900
-
-
Dividends
22 095
91 600
-
-
withholding
4 861
20 152
-
-
total
4 861
20 152
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 858
43 052
45 080
45 979
After tax
70 642
71 448
69 420
68 521
Living cost
48 451
48 451
48 451
48 451
Free-cash
22 191
22 997
20 969
20 070

Estimated living cost  is ₽48451 per week

₽32932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64155
₽71916
₽44627
₽12447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 251
income
-
-
-
16 920
microenterprise
-
-
-
-
surtax
-
-
-
29 198
total
-
-
-
82 369
Employee
27 647
-
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.

3 042
-
10 150
-
income
4 921
-
17 811
-
total
7 963
-
27 961
-
Employer
27 647
-
92 272
-
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.

6 659
-
22 228
-
surtax
-
-
-
-
total
6 659
-
22 228
-
Corporate
80 194
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%.

16 039
22 900
-
-
total
16 039
22 900
-
-
Dividends

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

64 155
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
30 661
22 900
50 189
82 369
After tax
83 839
91 600
64 311
32 131
Living cost
19 684
19 684
19 684
19 684
Free-cash
64 155
71 916
44 627
12 447

Estimated living cost  is ₽19684 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10481
₽16276
₽21996
₽26047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
26 066
pensions
-
-
-
11 085
health
-
-
-
11 667
total
-
-
-
48 818
Employee
80 797
80 797
97 438
-
health
12 401
10 548
11 496
-
pensions
14 543
11 085
11 085
-
income

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

13 225
13 225
13 225
-
total
40 169
34 858
35 806
-
Employer
80 797
80 797
97 438
-
pensions
5 623
5 623
6 782
-
unemployment
2 909
2 909
3 508
-
health
5 616
5 616
6 773
-
total
14 148
14 148
17 063
-
Corporate
20 546
19 555
-
-
income
4 110
3 911
-
-
total
4 110
3 911
-
-
Dividends
16 436
15 644
-
-
withholding
2 465
2 347
-
-
income
3 492
3 325
-
-
total
5 957
5 672
-
-
Income
114 500
114 500
114 500
114 500
Total tax
64 384
58 589
52 869
48 818
After tax
50 116
55 911
61 631
65 682
Living cost
39 635
39 635
39 635
39 635
Free-cash
10 481
16 276
21 996
26 047

Estimated living cost  is ₽39635 per week

₽28089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22743
₽23616
₽21213
₽22262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
9 907
unemployment
-
-
-
85
pensions
-
-
-
9 216
municipal
-
-
-
26 779
accident
-
-
-
170
national
-
-
-
1 860
health
-
-
-
5 320
total
-
-
-
53 337
Employee
55 430
-
87 712
-
national
-
-
1 443
-
municipal
16 529
-
26 156
-
total
16 529
-
27 599
-
Employer
55 430
-
87 712
-
other
6 441
-
9 907
-
accident
111
-
170
-
pensions
5 992
-
9 216
-
unemployment
1 463
-
2 251
-
health
3 409
-
5 243
-
total
17 416
-
26 787
-
Corporate
41 654
114 500
-
-
income
9 164
25 190
-
-
total
9 164
25 190
-
-
Dividends
32 490
89 310
-
-
withholding
9 747
26 793
-
-
total
9 747
26 793
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 856
51 983
54 386
53 337
After tax
61 644
62 517
60 114
61 163
Living cost
38 901
38 901
38 901
38 901
Free-cash
22 743
23 616
21 213
22 262

Estimated living cost  is ₽38901 per week

₽25782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33374
₽20079
₽39630
₽28031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
trade
-
-
-
11 599
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.

-
-
-
29 609
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.

-
-
-
6 464
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.

-
-
-
1 629
total
-
-
-
49 301
Employee

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

47 981
-
114 500
-
surtax

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

226
-
1 629
-
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.

6 464
-
6 464
-
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.

4 122
-
29 609
-
total
10 812
-
37 702
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 519
114 500
-
-
trade
10 942
18 835
-
-
income
9 977
17 176
-
-
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
-
-
chamber of commerce
239
307
-
-
total
21 707
37 262
-
-
Dividends
44 812
77 238
-
-
withholding
10 843
18 950
-
-
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.

596
1 041
-
-
total
11 439
19 991
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 958
57 253
37 702
49 301
After tax
70 542
57 247
76 798
65 199
Living cost
37 168
37 168
37 168
37 168
Free-cash
33 374
20 079
39 630
28 031

Estimated living cost  is ₽37168 per week

₽24858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49085
₽53010
₽48375
₽49612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 308
income
-
-
-
15 973
health
-
-
-
2 919
total
-
-
-
34 200
Employee
72 754
72 754
104 424
-
health
724
1 237
1 776
-
social contributions
3 535
6 038
8 144
-
income
7 640
6 735
15 441
-
total
11 899
14 010
25 361
-
Employer
72 754
72 754
104 424
-
social contributions
3 535
6 038
8 144
-
health
788
1 347
1 932
-
total
4 323
7 385
10 076
-
Corporate
67 590
34 361
-
-
income
8 450
4 295
-
-
total
8 450
4 295
-
-
Dividends
59 140
30 067
-
-
withholding
10 055
5 112
-
-
total
10 055
5 112
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 727
30 802
35 437
34 200
After tax
79 773
83 698
79 063
80 300
Living cost
30 688
30 688
30 688
30 688
Free-cash
49 085
53 010
48 375
49 612

Estimated living cost  is ₽30688 per week

₽20978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47210
₽46843
₽48784
₽61726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
1 718
income
-
-
-
13 998
pensions
-
-
-
11 450
health
-
-
-
8 015
total
-
-
-
35 181
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.

25 396
10 107
95 816
-
unemployment
381
152
1 437
-
health
1 778
708
6 707
-
pensions
2 540
1 011
9 582
-
income
3 105
1 236
11 713
-
total
7 804
3 107
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.

25 396
10 107
95 816
-
pensions
4 952
1 971
18 684
-
total
4 952
1 971
18 684
-
Corporate
84 151
102 422
-
-
income
7 574
9 218
-
-
total
7 574
9 218
-
-
Dividends
76 578
93 204
-
-
withholding
14 550
17 709
-
-
social contributions
14 817
18 059
-
-
total
29 367
35 768
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 697
50 064
48 123
35 181
After tax
64 803
64 436
66 377
79 319
Living cost
17 593
17 593
17 593
17 593
Free-cash
47 210
46 843
48 784
61 726

Estimated living cost  is ₽17593 per week

₽12006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62869
₽68747
₽43143
₽38520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
15 342
pensions
-
-
-
22 900
health
-
-
-
14 885
total
-
-
-
53 127
Employee
26 841
-
85 577
-
unemployment
429
-
1 370
-
pensions
537
-
1 711
-
income
3 022
-
16 499
-
total
3 988
-
19 580
-
Employer
26 841
-
85 577
-
pensions
5 368
-
17 115
-
unemployment
215
-
684
-
health
3 489
-
11 125
-
total
9 072
-
28 924
-
Corporate
78 587
114 500
-
-
income
15 718
22 900
-
-
total
15 718
22 900
-
-
Dividends
62 869
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
28 778
22 900
48 504
53 127
After tax
85 722
91 600
65 996
61 373
Living cost
22 853
22 853
22 853
22 853
Free-cash
62 869
68 747
43 143
38 520

Estimated living cost  is ₽22853 per week

₽15675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1361
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.
₽5358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6016
-₽11966
₽39000
₽57231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
358
income
-
-
-
29 303
pensions
-
-
-
4 017
accident
-
-
-
244
health
-
-
-
2 106
total
-
-
-
36 028
Employee
33 413
-
99 753
-
health
3 826
-
11 422
-
pensions
3 762
-
7 366
-
income
4 584
-
20 724
-
total
12 172
-
39 512
-
Employer
33 413
-
99 753
-
accident
558
-
1 666
-
pensions
5 433
-
10 637
-
unemployment
819
-
2 444
-
total
6 810
-
14 747
-
Corporate
74 278
114 500
-
-
income

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

66 850
103 050
-
-
total
66 850
103 050
-
-
Dividends
7 428
11 450
-
-
withholding
1 411
2 175
-
-
total
1 411
2 175
-
-
Income
114 500
114 500
114 500
114 500
Total tax
87 243
105 225
54 259
36 028
After tax
27 257
9 275
60 241
78 472
Living cost
21 241
21 241
21 241
21 241
Free-cash
6 016
-11 966
39 000
57 231

Estimated living cost  is ₽21241 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99621
₽101066
₽83891
₽105646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 636
-
114 500
-
income
1 927
-
22 900
-
total
1 927
-
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%.

104 864
114 500
-
-
total
-
-
-
-
Dividends
104 864
114 500
-
-
withholding
5 243
5 725
-
-
total
5 243
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
7 170
5 725
22 900
1 145
After tax
107 330
108 775
91 600
113 355
Living cost
7 709
7 709
7 709
7 709
Free-cash
99 621
101 066
83 891
105 646

Estimated living cost  is ₽7709 per week

₽4777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52523
₽58911
₽40940
₽36200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 439
income
-
-
-
15 132
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
health
-
-
-
5 038
total
-
-
-
53 089
Employee
34 353
-
91 455
-
unemployment
343
-
914
-
health
481
-
1 280
-
pensions

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

2 404
-
6 401
-
income
5 914
-
16 711
-
total
9 142
-
25 306
-
Employer
34 353
-
91 455
-
other
1 718
-
4 571
-
accident
275
-
731
-
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.

5 841
-
15 547
-
unemployment
343
-
914
-
health
481
-
1 280
-
total
8 658
-
23 043
-
Corporate
71 489
114 500
-
-
income
15 012
24 045
-
-
total
15 012
24 045
-
-
Dividends
56 477
90 455
-
-
withholding
3 954
6 333
-
-
total
3 954
6 333
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 766
30 378
48 349
53 089
After tax
77 734
84 122
66 151
61 411
Living cost
25 211
25 211
25 211
25 211
Free-cash
52 523
58 911
40 940
36 200

Estimated living cost  is ₽25211 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
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.
₽5289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10830
₽18077
₽6805
₽17442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 490
pensions
-
-
-
7 381
total
-
-
-
34 871
Employee
87 985
-
100 479
-
health
1 450
-
1 649
-
pensions
8 488
-
9 439
-
income
15 860
-
20 398
-
total
25 798
-
31 486
-
Employer
87 985
-
100 479
-
pensions
10 389
-
12 113
-
health
1 671
-
1 909
-
total
12 060
-
14 022
-
Corporate
14 455
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.

2 746
21 756
-
-
total
2 746
21 756
-
-
Dividends
11 709
92 744
-
-
withholding
879
12 480
-
-
total
879
12 480
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 483
34 236
45 508
34 871
After tax
73 017
80 264
68 992
79 629
Living cost
62 187
62 187
62 187
62 187
Free-cash
10 830
18 077
6 805
17 442

Estimated living cost  is ₽62187 per week

₽46598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81108
₽85499
₽80038
₽76109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
132
income
-
-
-
17 175
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
25 993
Employee
16 416
-
108 020
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
health
755
-
1 519
-
pensions

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

1 441
-
2 900
-
income
1 641
-
10 802
-
total
4 018
-
15 584
-
Employer
16 416
-
108 020
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 809
-
3 640
-
unemployment
98
-
198
-
health
1 133
-
2 279
-
total
3 221
-
6 480
-
Corporate
94 862
114 500
-
-
income
9 486
11 450
-
-
total
9 486
11 450
-
-
Dividends
85 376
103 050
-
-
withholding
4 269
5 153
-
-
total
4 269
5 153
-
-
Income
114 500
114 500
114 500
114 500
Total tax
20 994
16 603
22 064
25 993
After tax
93 506
97 897
92 436
88 507
Living cost
12 398
12 398
12 398
12 398
Free-cash
81 108
85 499
80 038
76 109

Estimated living cost  is ₽12398 per week

₽7238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽885
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.
₽3946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5826
₽3446
₽9166
₽13217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
26 066
pensions
-
-
-
11 085
health
-
-
-
11 667
total
-
-
-
48 818
Employee
87 719
80 797
97 438
-
health
10 943
10 548
11 496
-
pensions
11 085
11 085
11 085
-
income

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

13 225
13 225
13 225
-
total
35 253
34 858
35 806
-
Employer
87 719
80 797
97 438
-
pensions
6 105
5 623
6 782
-
unemployment
3 158
2 909
3 508
-
health
6 096
5 616
6 773
-
total
15 359
14 148
17 063
-
Corporate
11 422
19 555
-
-
income
2 284
3 911
-
-
total
2 284
3 911
-
-
Dividends
9 138
15 644
-
-
withholding
1 370
2 347
-
-
income
1 943
3 325
-
-
total
3 313
5 672
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 209
58 589
52 869
48 818
After tax
58 291
55 911
61 631
65 682
Living cost
52 465
52 465
52 465
52 465
Free-cash
5 826
3 446
9 166
13 217

Estimated living cost  is ₽52465 per week

₽38702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46942
₽55328
₽34600
₽32262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 434
income
-
-
-
9 841
health
-
-
-
15 458
solidarity contribution
-
-
-
-
total
-
-
-
58 733
Employee
34 566
-
85 448
-
solidarity contribution
-
-
-
-
health
4 666
-
11 535
-
social contributions
2 247
-
5 554
-
income
4 148
-
10 254
-
total
11 061
-
27 343
-
Employer
34 566
-
85 448
-
social contributions
8 642
-
21 362
-
health
3 111
-
7 690
-
total
11 753
-
29 052
-
Corporate
68 182
114 500
-
-
income
12 955
21 755
-
-
total
12 955
21 755
-
-
Dividends
55 227
92 745
-
-
withholding
8 284
13 912
-
-
total
8 284
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 053
35 667
56 395
58 733
After tax
70 447
78 833
58 105
55 767
Living cost
23 505
23 505
23 505
23 505
Free-cash
46 942
55 328
34 600
32 262

Estimated living cost  is ₽23505 per week

₽16327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
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.
₽5044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16227
₽21166
₽11987
₽17438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
29 449
municipal
-
-
-
680
national
-
-
-
25 711
total
-
-
-
57 138
Employee
84 087
-
114 500
-
national
14 570
-
22 232
-
regional
793
-
1 140
-
municipal
445
-
607
-
social contributions
28 354
-
38 610
-
total
44 162
-
62 589
-
Employer
84 087
-
114 500
-
total
-
-
-
-
Corporate
30 413
114 500
-
-
nationa
7 299
27 480
-
-
municipal
1 187
4 465
-
-
total
8 486
31 945
-
-
Dividends
21 927
82 555
-
-
withholding
5 701
21 465
-
-
total
5 701
21 465
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 349
53 410
62 589
57 138
After tax
56 151
61 090
51 911
57 362
Living cost
39 924
39 924
39 924
39 924
Free-cash
16 227
21 166
11 987
17 438

Estimated living cost  is ₽39924 per week

₽27830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48198
₽51141
₽33075
₽34960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
24 178
pensions
-
-
-
22 900
health
-
-
-
8 130
surtax
-
-
-
3 239
total
-
-
-
58 662
Employee
31 288
-
94 588
-
surtax
102
-
2 941
-
unemployment
2 178
-
6 584
-
other
-
-
-
-
health
799
-
2 413
-
pensions
2 086
-
6 309
-
income
5 245
-
22 390
-
total
10 410
-
40 637
-
Employer
31 288
-
94 588
-
other
-
-
-
-
pensions
4 171
-
12 608
-
unemployment
991
-
2 998
-
health
1 424
-
4 304
-
total
6 586
-
19 910
-
Corporate
76 626
114 500
-
-
income
19 923
29 771
-
-
total
19 923
29 771
-
-
Dividends
56 703
84 729
-
-
withholding
8 505
12 710
-
-
total
8 505
12 710
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 424
42 481
60 547
58 662
After tax
69 076
72 019
53 953
55 838
Living cost
20 878
20 878
20 878
20 878
Free-cash
48 198
51 141
33 075
34 960

Estimated living cost  is ₽20878 per week

₽12766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35988
₽37779
₽26507
₽37144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 490
pensions
-
-
-
7 381
total
-
-
-
34 871
Employee
58 965
-
100 479
-
health
856
-
1 649
-
pensions
5 005
-
9 439
-
income
10 620
-
20 398
-
total
16 481
-
31 486
-
Employer
58 965
-
100 479
-
pensions
6 383
-
12 113
-
health
1 120
-
1 909
-
total
7 503
-
14 022
-
Corporate
48 031
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.

9 125
21 756
-
-
total
9 125
21 756
-
-
Dividends
38 906
92 744
-
-
withholding
2 918
12 480
-
-
total
2 918
12 480
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 027
34 236
45 508
34 871
After tax
78 473
80 264
68 992
79 629
Living cost
42 485
42 485
42 485
42 485
Free-cash
35 988
37 779
26 507
37 144

Estimated living cost  is ₽42485 per week

₽31829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽9611
-₽22353
₽14434
₽20117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
2 289
city
-
-
-
1 207
regional
-
-
-
4 388
pensions
-
-
-
10 533
national
-
-
-
998
health
-
-
-
257
total
-
-
-
19 672
Employee
87 431
-
102 484
-
national
414
-
764
-
unemployment
-
-
-
-
city
938
-
1 101
-
regional
2 863
-
3 765
-
health
198
-
230
-
pensions
7 345
-
8 608
-
total
11 758
-
14 468
-
Employer
87 431
-
102 484
-
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.

1 748
-
2 049
-
pensions
7 345
-
8 608
-
unemployment
-
-
-
-
health
198
-
230
-
total
9 291
-
10 887
-
Corporate
16 817
114 500
-
-
regional
3 558
24 216
-
-
national
1 430
9 732
-
-
total
4 988
33 948
-
-
Dividends
11 830
80 552
-
-
withholding
4 141
28 194
-
-
total
4 141
28 194
-
-
Income
114 500
114 500
114 500
114 500
Total tax
30 178
62 142
25 355
19 672
After tax
84 322
52 358
89 145
94 828
Living cost
74 711
74 711
74 711
74 711
Free-cash
9 611
-22 353
14 434
20 117

Estimated living cost  is ₽74711 per week

₽48583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28657
₽13314
₽33455
₽21362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
trade
-
-
-
12 093
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.

-
-
-
29 609
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.

-
-
-
6 464
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.

-
-
-
1 629
total
-
-
-
49 795
Employee

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

56 861
-
114 500
-
surtax

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

368
-
1 629
-
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.

6 464
-
6 464
-
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.

6 686
-
29 609
-
total
13 518
-
37 702
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 639
114 500
-
-
trade
9 886
19 637
-
-
income
8 645
17 176
-
-
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.

476
944
-
-
chamber of commerce
224
305
-
-
total
19 231
38 062
-
-
Dividends
38 407
76 438
-
-
withholding
9 243
18 750
-
-
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.

508
1 031
-
-
total
9 751
19 781
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 500
57 843
37 702
49 795
After tax
72 000
56 657
76 798
64 705
Living cost
43 343
43 343
43 343
43 343
Free-cash
28 657
13 314
33 455
21 362

Estimated living cost  is ₽43343 per week

₽31656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30927
₽25336
₽36353
₽32998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
3 550
social contributions
-
-
-
3 262
income
-
-
-
13 717
pensions
-
-
-
25 388
health
-
-
-
3 214
surtax
-
-
-
-
total
-
-
-
49 131
Employee
40 493
-
91 545
-
surtax
-
-
-
-
pensions
4 578
-
5 110
-
social contributions
1 154
-
2 607
-
income
2 390
-
15 107
-
total
8 122
-
22 824
-
Employer
40 493
-
91 545
-
other
1 397
-
3 158
-
pensions
6 652
-
8 827
-
unemployment
1 639
-
3 708
-
social contributions
122
-
275
-
health
2 835
-
6 984
-
total
12 645
-
22 952
-
Corporate
61 361
114 500
-
-
income
17 181
32 060
-
-
surtax
-
-
-
-
total
17 181
32 060
-
-
Dividends
44 180
82 440
-
-
withholding
5 656
10 552
-
-
social contributions
7 598
14 181
-
-
surtax
-
-
-
-
total
13 254
24 733
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 202
56 793
45 776
49 131
After tax
63 298
57 707
68 724
65 369
Living cost
32 371
32 371
32 371
32 371
Free-cash
30 927
25 336
36 353
32 998

Estimated living cost  is ₽32371 per week

₽20411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
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.
₽8778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33803
₽28544
₽39561
₽36206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
3 550
social contributions
-
-
-
3 262
income
-
-
-
13 717
pensions
-
-
-
25 388
health
-
-
-
3 214
surtax
-
-
-
-
total
-
-
-
49 131
Employee
36 146
-
91 545
-
surtax
-
-
-
-
pensions
4 088
-
5 110
-
social contributions
1 031
-
2 607
-
income
1 864
-
15 107
-
total
6 983
-
22 824
-
Employer
36 146
-
91 545
-
other
1 248
-
3 158
-
pensions
5 939
-
8 827
-
unemployment
1 463
-
3 708
-
social contributions
108
-
275
-
health
2 530
-
6 984
-
total
11 288
-
22 952
-
Corporate
67 066
114 500
-
-
income
18 779
32 060
-
-
surtax
-
-
-
-
total
18 779
32 060
-
-
Dividends
48 287
82 440
-
-
withholding
6 180
10 552
-
-
social contributions
8 304
14 181
-
-
surtax
-
-
-
-
total
14 484
24 733
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 534
56 793
45 776
49 131
After tax
62 966
57 707
68 724
65 369
Living cost
29 163
29 163
29 163
29 163
Free-cash
33 803
28 544
39 561
36 206

Estimated living cost  is ₽29163 per week

₽16913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and 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 Marseille model

Close
Vilnius , Lithuania
₽50284
₽49792
₽52642
₽53469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 800
income
-
-
-
17 176
health
-
-
-
7 992
total
-
-
-
40 968
Employee
32 080
-
114 500
-
health
2 239
-
7 992
-
social contributions
4 428
-
15 800
-
income
5 351
-
18 003
-
total
12 018
-
41 795
-
Employer
32 080
-
114 500
-
total
-
-
-
-
Corporate
82 420
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%.

4 121
5 726
-
-
total
4 121
5 726
-
-
Dividends
78 300
108 774
-
-
health
5 465
7 593
-
-
withholding
11 744
16 316
-
-
social contributions
10 805
15 010
-
-
total
28 014
38 919
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 153
44 645
41 795
40 968
After tax
70 347
69 855
72 705
73 532
Living cost
20 063
20 063
20 063
20 063
Free-cash
50 284
49 792
52 642
53 469

Estimated living cost  is ₽20063 per week

₽13427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1237
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.
₽4936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29048
₽30514
-₽1159
₽23609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
458
unemployment
-
-
-
5 803
income
-
-
-
22 201
pensions
-
-
-
20 449
health
-
-
-
8 455
surtax
-
-
-
187
total
-
-
-
57 553
Employee
47 284
37 705
88 765
-
unemployment
1 418
1 131
2 663
-
other
472
377
887
-
health
1 830
1 460
3 435
-
pensions
4 842
3 860
9 089
-
income
5 383
2 781
19 219
-
total
13 945
9 609
35 293
-
Employer
47 284
37 705
88 765
-
payroll
1 418
1 131
2 663
-
other
2 246
1 790
4 216
-
accident
614
490
1 154
-
pensions
5 934
4 733
11 139
-
unemployment
1 418
1 131
2 663
-
chamber of commerce
189
151
356
-
surtax
187
187
187
-
health
1 787
1 426
3 356
-
total
13 793
11 039
25 734
-
Corporate
53 423
65 756
85 176
-
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.

13 357
16 439
21 294
-
total
13 357
16 439
21 294
-
Dividends
40 067
49 317
-
-
withholding
11 019
13 561
-
-
total
11 019
13 561
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 114
50 648
82 321
57 553
After tax
62 386
63 852
32 179
56 947
Living cost
33 338
33 338
33 338
33 338
Free-cash
29 048
30 514
-1 159
23 609

Estimated living cost  is ₽33338 per week

₽22235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15455
₽29645
₽8725
₽17139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 289
national
-
-
-
38 802
communal

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

-
-
-
5 772
total
-
-
-
62 863
Employee

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

67 678
-
88 683
-
national
20 807
-
29 245
-
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.

589
-
772
-
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.

3 180
-
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.

5 076
-
6 650
-
communal

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

3 530
-
4 625
-
total
33 182
-
45 459
-
Employer

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

67 678
-
88 683
-
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.

880
-
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.

5 997
-
7 857
-
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.

988
-
1 295
-
surtax
7 674
-
10 058
-
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.

4 162
-
5 455
-
total
19 701
-
25 818
-
Corporate
27 122
114 500
-
-
income
5 424
22 900
-
-
surtax
108
458
-
-
total
5 532
23 358
-
-
Dividends
21 590
91 143
-
-
withholding

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

6 132
26 999
-
-
total
6 132
26 999
-
-
Income
114 500
114 500
114 500
114 500
Total tax
64 547
50 357
71 277
62 863
After tax
49 953
64 143
43 223
51 637
Living cost
34 498
34 498
34 498
34 498
Free-cash
15 455
29 645
8 725
17 139

Estimated living cost  is ₽34498 per week

₽22221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
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.
₽8721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35394
₽42782
₽24773
₽29109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
24 913
pensions
-
-
-
24 817
accident
-
-
-
790
total
-
-
-
51 222
Employee
47 097
-
86 821
-
unemployment
731
-
1 347
-
other
47
-
86
-
pensions
2 214
-
4 081
-
income
9 937
-
22 365
-
total
12 929
-
27 879
-
Employer
47 097
-
86 821
-
other
375
-
695
-
accident
932
-
1 718
-
pensions
11 114
-
20 490
-
unemployment
2 591
-
4 776
-
total
15 012
-
27 679
-
Corporate
52 391
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.

7 859
17 176
-
-
total
7 859
17 176
-
-
Dividends
44 533
97 324
-
-
withholding
9 137
20 373
-
-
total
9 137
20 373
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 937
37 549
55 558
51 222
After tax
69 563
76 951
58 942
63 278
Living cost
34 169
34 169
34 169
34 169
Free-cash
35 394
42 782
24 773
29 109

Estimated living cost  is ₽34169 per week

₽25162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9035
₽17861
₽15598
₽11018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 978
pensions
-
-
-
17 163
accident
-
-
-
966
communal
-
-
-
7 236
health
-
-
-
8 046
surtax
-
-
-
5 676
total
-
-
-
52 065
Employee
71 650
-
102 278
-
surtax
4 392
-
6 268
-
health
3 189
-
4 550
-
pensions
5 731
-
8 182
-
income
6 921
-
16 263
-
total
20 233
-
35 263
-
Employer
71 650
-
102 278
-
accident
645
-
921
-
pensions
5 731
-
8 182
-
health
2 185
-
3 119
-
total
8 561
-
12 222
-
Corporate
34 289
114 500
-
-
income
5 144
17 176
-
-
communal
2 314
7 730
-
-
surtax
361
1 203
-
-
total
7 819
26 109
-
-
Dividends
26 469
88 392
-
-
withholding
3 970
13 260
-
-
income
13 465
5 853
-
-
total
17 435
19 113
-
-
Income
114 500
114 500
114 500
114 500
Total tax
54 048
45 222
47 485
52 065
After tax
60 452
69 278
67 015
62 435
Living cost
51 417
51 417
51 417
51 417
Free-cash
9 035
17 861
15 598
11 018

Estimated living cost  is ₽51417 per week

₽38571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47761
₽50768
₽32702
₽34587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
24 178
pensions
-
-
-
22 900
health
-
-
-
8 130
surtax
-
-
-
3 239
total
-
-
-
58 662
Employee
31 863
-
94 588
-
surtax
113
-
2 941
-
unemployment
2 217
-
6 584
-
other
-
-
-
-
health
813
-
2 413
-
pensions
2 126
-
6 309
-
income
5 342
-
22 390
-
total
10 611
-
40 637
-
Employer
31 863
-
94 588
-
other
-
-
-
-
pensions
4 248
-
12 608
-
unemployment
1 011
-
2 998
-
health
1 449
-
4 304
-
total
6 708
-
19 910
-
Corporate
75 929
114 500
-
-
income
19 741
29 771
-
-
total
19 741
29 771
-
-
Dividends
56 188
84 729
-
-
withholding
8 428
12 710
-
-
total
8 428
12 710
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 488
42 481
60 547
58 662
After tax
69 012
72 019
53 953
55 838
Living cost
21 251
21 251
21 251
21 251
Free-cash
47 761
50 768
32 702
34 587

Estimated living cost  is ₽21251 per week

₽12831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32594
₽34698
₽26023
₽31447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 726
social contributions
-
-
-
29 449
municipal
-
-
-
680
national
-
-
-
25 711
total
-
-
-
57 566
Employee
52 484
-
114 500
-
national
8 315
-
22 232
-
regional
707
-
1 541
-
municipal
278
-
607
-
social contributions
17 698
-
38 610
-
total
26 998
-
62 990
-
Employer
52 484
-
114 500
-
total
-
-
-
-
Corporate
62 016
114 500
-
-
nationa
14 885
27 480
-
-
municipal
3 083
5 690
-
-
total
17 968
33 170
-
-
Dividends
44 049
81 330
-
-
withholding
11 453
21 145
-
-
total
11 453
21 145
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 419
54 315
62 990
57 566
After tax
58 081
60 185
51 510
56 934
Living cost
25 487
25 487
25 487
25 487
Free-cash
32 594
34 698
26 023
31 447

Estimated living cost  is ₽25487 per week

₽15851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39536
₽49869
₽29141
₽26803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 434
income
-
-
-
9 841
health
-
-
-
15 458
solidarity contribution
-
-
-
-
total
-
-
-
58 733
Employee
42 594
-
85 448
-
solidarity contribution
-
-
-
-
health
5 750
-
11 535
-
social contributions
2 769
-
5 554
-
income
5 111
-
10 254
-
total
13 630
-
27 343
-
Employer
42 594
-
85 448
-
social contributions
10 649
-
21 362
-
health
3 833
-
7 690
-
total
14 482
-
29 052
-
Corporate
57 424
114 500
-
-
income
10 911
21 755
-
-
total
10 911
21 755
-
-
Dividends
46 513
92 745
-
-
withholding
6 977
13 912
-
-
total
6 977
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
46 000
35 667
56 395
58 733
After tax
68 500
78 833
58 105
55 767
Living cost
28 964
28 964
28 964
28 964
Free-cash
39 536
49 869
29 141
26 803

Estimated living cost  is ₽28964 per week

₽21540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33297
₽33767
₽2025
₽26949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
458
unemployment
-
-
-
5 803
income
-
-
-
22 201
pensions
-
-
-
20 449
health
-
-
-
8 455
surtax
-
-
-
-
total
-
-
-
57 366
Employee
41 359
37 705
88 909
-
unemployment
1 241
1 131
2 668
-
other
413
377
889
-
health
1 600
1 460
3 440
-
pensions
4 236
3 860
9 105
-
income
3 684
2 781
19 267
-
total
11 174
9 609
35 369
-
Employer
41 359
37 705
88 909
-
payroll
1 241
1 131
2 668
-
other
1 964
1 790
4 223
-
accident
537
490
1 156
-
pensions
5 191
4 733
11 159
-
unemployment
1 241
1 131
2 668
-
chamber of commerce
165
151
356
-
surtax
-
-
-
-
health
1 564
1 426
3 361
-
total
11 903
10 852
25 591
-
Corporate
61 239
65 943
85 318
-
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.

15 310
16 486
21 330
-
total
15 310
16 486
21 330
-
Dividends
45 929
49 457
-
-
withholding
12 631
13 601
-
-
total
12 631
13 601
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 018
50 548
82 290
57 366
After tax
63 482
63 952
32 210
57 134
Living cost
30 185
30 185
30 185
30 185
Free-cash
33 297
33 767
2 025
26 949

Estimated living cost  is ₽30185 per week

₽18107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94510
₽96762
₽79587
₽101342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 016
-
114 500
-
income
3 003
-
22 900
-
total
3 003
-
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%.

99 484
114 500
-
-
total
-
-
-
-
Dividends
99 484
114 500
-
-
withholding
4 974
5 725
-
-
total
4 974
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
7 977
5 725
22 900
1 145
After tax
106 523
108 775
91 600
113 355
Living cost
12 013
12 013
12 013
12 013
Free-cash
94 510
96 762
79 587
101 342

Estimated living cost  is ₽12013 per week

₽8129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45542
₽53455
₽29711
₽32991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
114 500
unemployment
-
-
-
172
income
-
-
-
23 782
pensions
-
-
-
20 910
health
-
-
-
11 267
total
-
-
-
56 131
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.

41 839
-
99 075
-
unemployment
59
-
138
-
health
2 702
-
6 399
-
pensions
6 485
-
15 357
-
income
7 215
-
22 093
-
total
16 461
-
43 987
-
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.

41 839
-
99 075
-
pensions
3 702
-
8 767
-
unemployment
25
-
59
-
health
2 787
-
6 598
-
total
6 514
-
15 424
-
Corporate
66 147
114 500
-
-
income
12 568
21 756
-
-
total
12 568
21 756
-
-
Dividends
53 579
92 744
-
-
withholding
8 037
13 911
-
-
total
8 037
13 911
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 580
35 667
59 411
56 131
After tax
70 920
78 833
55 089
58 369
Living cost
25 378
25 378
25 378
25 378
Free-cash
45 542
53 455
29 711
32 991

Estimated living cost  is ₽25378 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24073
₽29561
₽62173
₽39028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
44 838
12 226
35 371
After tax
16 028
69 662
102 274
79 129
Living cost
40 101
40 101
40 101
40 101
Free-cash
-24 073
29 561
62 173
39 028

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34497
₽35451
₽26309
₽33384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
39 788
income
-
-
-
11 651
surtax
-
-
-
-
total
-
-
-
51 439
Employee
43 515
-
92 525
-
surtax
-
-
-
-
social contributions
4 787
-
10 179
-
income
9 051
-
26 360
-
total
13 838
-
36 539
-
Employer
43 515
-
92 525
-
social contributions
10 335
-
21 975
-
total
10 335
-
21 975
-
Corporate
60 650
114 500
-
-
income
12 737
24 045
-
-
surtax
-
-
-
-
total
12 737
24 045
-
-
Dividends
47 913
90 455
-
-
withholding
13 416
25 327
-
-
total
13 416
25 327
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 326
49 372
58 514
51 439
After tax
64 174
65 128
55 986
63 061
Living cost
29 677
29 677
29 677
29 677
Free-cash
34 497
35 451
26 309
33 384

Estimated living cost  is ₽29677 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
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.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18512
₽12010
₽23027
₽19672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
3 550
social contributions
-
-
-
3 262
income
-
-
-
13 717
pensions
-
-
-
25 388
health
-
-
-
3 214
surtax
-
-
-
-
total
-
-
-
49 131
Employee
59 259
-
91 545
-
surtax
-
-
-
-
pensions
6 703
-
5 110
-
social contributions
1 688
-
2 607
-
income
5 170
-
15 107
-
total
13 561
-
22 824
-
Employer
59 259
-
91 545
-
other
2 045
-
3 158
-
pensions
9 737
-
8 827
-
unemployment
2 401
-
3 708
-
social contributions
178
-
275
-
health
4 148
-
6 984
-
total
18 509
-
22 952
-
Corporate
36 734
114 500
-
-
income
10 285
32 060
-
-
surtax
-
-
-
-
total
10 285
32 060
-
-
Dividends
26 449
82 440
-
-
withholding
3 386
10 552
-
-
social contributions
4 550
14 181
-
-
surtax
-
-
-
-
total
7 936
24 733
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 291
56 793
45 776
49 131
After tax
64 209
57 707
68 724
65 369
Living cost
45 697
45 697
45 697
45 697
Free-cash
18 512
12 010
23 027
19 672

Estimated living cost  is ₽45697 per week

₽30927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71431
₽74609
₽60726
₽57683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 185
social contributions
-
-
-
25 191
total
-
-
-
28 376
Employee
30 417
-
99 134
-
social contributions
1 977
-
6 442
-
income
-
-
3 525
-
total
1 977
-
9 967
-
Employer
30 417
-
99 134
-
social contributions
4 715
-
15 366
-
total
4 715
-
15 366
-
Corporate
79 368
114 500
-
-
income
7 936
11 450
-
-
total
7 936
11 450
-
-
Dividends
71 432
103 050
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
14 628
11 450
25 333
28 376
After tax
99 872
103 050
89 167
86 124
Living cost
28 441
28 441
28 441
28 441
Free-cash
71 431
74 609
60 726
57 683

Estimated living cost  is ₽28441 per week

₽18389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽91379
-₽91379
-₽91379
₽24322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
819
municipal
-
-
-
22 308
labour market
-
-
-
9 094
national
-
-
-
12 449
total
-
-
-
44 670
Employee
192 078
192 078
192 078
-
national
23 466
23 466
23 466
-
municipal
40 902
40 902
40 902
-
labour market
15 344
15 344
15 344
-
pensions
273
273
273
-
total
79 985
79 985
79 985
-
Employer
192 078
192 078
192 078
-
municipal
40 967
40 967
40 967
-
pensions
546
546
546
-
national
23 507
23 507
23 507
-
labour market
15 366
15 366
15 366
-
total
80 386
80 386
80 386
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
160 371
160 371
160 371
44 670
After tax
-45 871
-45 871
-45 871
69 830
Living cost
45 508
45 508
45 508
45 508
Free-cash
-91 379
-91 379
-91 379
24 322

Estimated living cost  is ₽45508 per week

₽31146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6064
-₽11652
₽39314
₽57545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
358
income
-
-
-
29 303
pensions
-
-
-
4 017
accident
-
-
-
244
health
-
-
-
2 106
total
-
-
-
36 028
Employee
32 920
-
99 753
-
health
3 770
-
11 422
-
pensions
3 707
-
7 366
-
income
4 516
-
20 724
-
total
11 993
-
39 512
-
Employer
32 920
-
99 753
-
accident
550
-
1 666
-
pensions
5 353
-
10 637
-
unemployment
807
-
2 444
-
total
6 710
-
14 747
-
Corporate
74 870
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.

67 383
103 050
-
-
total
67 383
103 050
-
-
Dividends
7 487
11 450
-
-
withholding
1 423
2 175
-
-
total
1 423
2 175
-
-
Income
114 500
114 500
114 500
114 500
Total tax
87 509
105 225
54 259
36 028
After tax
26 991
9 275
60 241
78 472
Living cost
20 927
20 927
20 927
20 927
Free-cash
6 064
-11 652
39 314
57 545

Estimated living cost  is ₽20927 per week

₽15233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38195
₽38288
₽27055
₽42755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
114 500
municipal
-
-
-
20 364
national
-
-
-
13 688
health
-
-
-
1 368
total
-
-
-
35 420
Employee
49 778
-
96 323
-
national
822
-
8 196
-
unemployment
747
-
1 445
-
health
372
-
1 088
-
municipal
8 153
-
15 712
-
pensions
3 359
-
6 501
-
total
13 453
-
32 942
-
Employer
49 778
-
96 323
-
accident
50
-
97
-
pensions
8 636
-
16 712
-
unemployment
323
-
627
-
health
382
-
742
-
total
9 391
-
18 178
-
Corporate
55 329
114 500
-
-
income
11 066
22 900
-
-
total
11 066
22 900
-
-
Dividends

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

33 198
68 700
-
-
municipal
5 975
12 365
-
-
national
95
4 622
-
-
total
6 070
16 987
-
-
Income
114 500
114 500
114 500
114 500
Total tax
39 980
39 887
51 120
35 420
After tax
74 520
74 613
63 380
79 080
Living cost
36 325
36 325
36 325
36 325
Free-cash
38 195
38 288
27 055
42 755

Estimated living cost  is ₽36325 per week

₽23727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56643
₽61792
₽57157
₽58394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 308
income
-
-
-
15 973
health
-
-
-
2 919
total
-
-
-
34 200
Employee
72 754
72 754
104 424
-
health
564
1 237
1 776
-
social contributions
2 751
6 038
8 144
-
income
7 922
6 735
15 441
-
total
11 237
14 010
25 361
-
Employer
72 754
72 754
104 424
-
social contributions
2 751
6 038
8 144
-
health
612
1 347
1 932
-
total
3 363
7 385
10 076
-
Corporate
77 995
34 361
-
-
income
9 749
4 295
-
-
total
9 749
4 295
-
-
Dividends
68 246
30 067
-
-
withholding
11 602
5 112
-
-
total
11 602
5 112
-
-
Income
114 500
114 500
114 500
114 500
Total tax
35 951
30 802
35 437
34 200
After tax
78 549
83 698
79 063
80 300
Living cost
21 906
21 906
21 906
21 906
Free-cash
56 643
61 792
57 157
58 394

Estimated living cost  is ₽21906 per week

₽13129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74981
₽79796
₽59812
₽78791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
114 500
unemployment
-
-
-
27
income
-
-
-
11 218
pensions
-
-
-
6 018
health
-
-
-
3 424
total
-
-
-
20 687
Employee

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

21 717
-
105 253
-
unemployment
108
-
449
-
health
1 846
-
7 631
-
pensions
3 257
-
13 466
-
income
1 485
-
8 873
-
total
6 696
-
30 419
-
Employer

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

21 717
-
105 253
-
pensions
1 194
-
4 938
-
unemployment
108
-
449
-
health
934
-
3 860
-
total
2 236
-
9 247
-
Corporate
90 547
114 500
-
-
income
8 150
10 304
-
-
total
8 150
10 304
-
-
Dividends
82 398
104 196
-
-
withholding
7 415
9 378
-
-
total
7 415
9 378
-
-
Income
114 500
114 500
114 500
114 500
Total tax
24 497
19 682
39 666
20 687
After tax
90 003
94 818
74 834
93 813
Living cost
15 022
15 022
15 022
15 022
Free-cash
74 981
79 796
59 812
78 791

Estimated living cost  is ₽15022 per week

₽9584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46121
₽50933
₽32924
₽37260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
24 913
pensions
-
-
-
24 817
accident
-
-
-
790
total
-
-
-
51 222
Employee
34 984
-
86 821
-
unemployment
542
-
1 347
-
other
34
-
86
-
pensions
1 645
-
4 081
-
income
6 745
-
22 365
-
total
8 966
-
27 879
-
Employer
34 984
-
86 821
-
other
280
-
695
-
accident
693
-
1 718
-
pensions
8 256
-
20 490
-
unemployment
1 925
-
4 776
-
total
11 154
-
27 679
-
Corporate
68 362
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.

10 254
17 176
-
-
total
10 254
17 176
-
-
Dividends
58 108
97 324
-
-
withholding
11 987
20 373
-
-
total
11 987
20 373
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 361
37 549
55 558
51 222
After tax
72 139
76 951
58 942
63 278
Living cost
26 018
26 018
26 018
26 018
Free-cash
46 121
50 933
32 924
37 260

Estimated living cost  is ₽26018 per week

₽17562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69364
₽69658
₽71457
₽71583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
38 874
pensions
-
-
-
1 306
health
-
-
-
947
total
-
-
-
41 127
Employee
2 727
-
113 031
-
unemployment
27
-
65
-
health
136
-
326
-
pensions
245
-
588
-
income
528
-
38 805
-
total
936
-
39 784
-
Employer
2 727
-
113 031
-
pensions
300
-
718
-
unemployment
55
-
131
-
health
259
-
620
-
total
614
-
1 469
-
Corporate
111 160
114 500
-
-
income
24 455
25 190
-
-
total
24 455
25 190
-
-
Dividends
86 704
89 310
-
-
withholding
17 341
17 862
-
-
total
17 341
17 862
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 346
43 052
41 253
41 127
After tax
71 154
71 448
73 247
73 373
Living cost
1 790
1 790
1 790
1 790
Free-cash
69 364
69 658
71 457
71 583

Estimated living cost  is ₽1790 per week

₽1064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽145
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.
₽540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61748
₽66393
₽47103
₽47104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
114 500
unemployment
-
-
-
1 047
income
-
-
-
24 680
pensions
-
-
-
18 147
health
-
-
-
7 189
total
-
-
-
51 063
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.

24 629
-
102 006
-
unemployment
185
-
523
-
health
1 268
-
3 595
-
pensions
3 448
-
9 772
-
income
3 395
-
24 680
-
total
8 296
-
38 570
-
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.

24 629
-
102 006
-
pensions
2 955
-
8 376
-
unemployment
185
-
523
-
health
1 268
-
3 595
-
total
4 408
-
12 494
-
Corporate
85 462
114 500
-
-
income
12 819
17 175
-
-
total
12 819
17 175
-
-
Dividends
72 643
97 325
-
-
withholding
10 896
14 599
-
-
total
10 896
14 599
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 419
31 774
51 064
51 063
After tax
78 081
82 726
63 436
63 437
Living cost
16 333
16 333
16 333
16 333
Free-cash
61 748
66 393
47 103
47 104

Estimated living cost  is ₽16333 per week

₽10997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
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.
₽3600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39279
₽39621
₽30479
₽37554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
39 788
income
-
-
-
11 651
surtax
-
-
-
-
total
-
-
-
51 439
Employee
36 722
-
92 525
-
surtax
-
-
-
-
social contributions
4 040
-
10 179
-
income
7 175
-
26 360
-
total
11 215
-
36 539
-
Employer
36 722
-
92 525
-
social contributions
8 721
-
21 975
-
total
8 721
-
21 975
-
Corporate
69 057
114 500
-
-
income
14 502
24 045
-
-
surtax
-
-
-
-
total
14 502
24 045
-
-
Dividends
54 555
90 455
-
-
withholding
15 276
25 327
-
-
total
15 276
25 327
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 714
49 372
58 514
51 439
After tax
64 786
65 128
55 986
63 061
Living cost
25 507
25 507
25 507
25 507
Free-cash
39 279
39 621
30 479
37 554

Estimated living cost  is ₽25507 per week

₽18066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
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.
₽5218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36635
₽43699
₽25690
₽30026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
24 913
pensions
-
-
-
24 817
accident
-
-
-
790
total
-
-
-
51 222
Employee
45 694
-
86 821
-
unemployment
707
-
1 347
-
other
45
-
86
-
pensions
2 147
-
4 081
-
income
9 544
-
22 365
-
total
12 443
-
27 879
-
Employer
45 694
-
86 821
-
other
366
-
695
-
accident
905
-
1 718
-
pensions
10 784
-
20 490
-
unemployment
2 514
-
4 776
-
total
14 569
-
27 679
-
Corporate
54 237
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.

8 135
17 176
-
-
total
8 135
17 176
-
-
Dividends
46 102
97 324
-
-
withholding
9 466
20 373
-
-
total
9 466
20 373
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 613
37 549
55 558
51 222
After tax
69 887
76 951
58 942
63 278
Living cost
33 252
33 252
33 252
33 252
Free-cash
36 635
43 699
25 690
30 026

Estimated living cost  is ₽33252 per week

₽23880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75868
₽81631
₽76170
₽72241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
unemployment
-
-
-
132
income
-
-
-
17 175
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
25 993
Employee
21 539
-
108 020
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
health
991
-
1 519
-
pensions

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

1 891
-
2 900
-
income
2 154
-
10 802
-
total
5 273
-
15 584
-
Employer
21 539
-
108 020
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

2 374
-
3 640
-
unemployment
129
-
198
-
health
1 486
-
2 279
-
total
4 226
-
6 480
-
Corporate
88 735
114 500
-
-
income
8 874
11 450
-
-
total
8 874
11 450
-
-
Dividends
79 861
103 050
-
-
withholding
3 993
5 153
-
-
total
3 993
5 153
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 366
16 603
22 064
25 993
After tax
92 134
97 897
92 436
88 507
Living cost
16 266
16 266
16 266
16 266
Free-cash
75 868
81 631
76 170
72 241

Estimated living cost  is ₽16266 per week

₽10758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34860
₽22486
₽40270
₽30152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
trade
-
-
-
10 118
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.

-
-
-
29 609
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.

-
-
-
6 464
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.

-
-
-
1 629
total
-
-
-
47 820
Employee

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

47 076
-
114 500
-
surtax

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

214
-
1 629
-
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.

6 464
-
6 464
-
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.

3 871
-
29 609
-
total
10 549
-
37 702
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 424
114 500
-
-
trade
9 676
16 430
-
-
income
10 114
17 176
-
-
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.

557
944
-
-
chamber of commerce
242
312
-
-
total
20 589
34 862
-
-
Dividends
46 835
79 637
-
-
withholding
11 349
19 549
-
-
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.

625
1 075
-
-
total
11 974
20 624
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 112
55 486
37 702
47 820
After tax
71 388
59 014
76 798
66 680
Living cost
36 528
36 528
36 528
36 528
Free-cash
34 860
22 486
40 270
30 152

Estimated living cost  is ₽36528 per week

₽25198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28344
₽26254
₽19841
₽19841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 603
income
-
-
-
30 160
total
-
-
-
40 763
Employee
74 009
-
114 500
-
social contributions
6 149
-
10 603
-
income
13 965
-
30 160
-
total
20 114
-
40 763
-
Employer
74 009
-
114 500
-
total
-
-
-
-
Corporate
40 491
114 500
-
-
income
5 061
14 312
-
-
total
5 061
14 312
-
-
Dividends
35 429
100 188
-
-
withholding
7 085
20 038
-
-
total
7 085
20 038
-
-
Income
114 500
114 500
114 500
114 500
Total tax
32 260
34 350
40 763
40 763
After tax
82 240
80 150
73 737
73 737
Living cost
53 896
53 896
53 896
53 896
Free-cash
28 344
26 254
19 841
19 841

Estimated living cost  is ₽53896 per week

₽41003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38387
₽35081
₽50056
₽47479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 744
income
-
-
-
26 932
total
-
-
-
32 676
Employee
43 403
-
110 148
-
social contributions
4 349
-
4 352
-
income
4 710
-
21 395
-
total
9 059
-
25 747
-
Employer
43 403
-
110 148
-
social contributions
4 349
-
4 352
-
total
4 349
-
4 352
-
Corporate
66 748
114 500
-
-
income
23 361
40 075
-
-
total
23 361
40 075
-
-
Dividends
43 387
74 425
-
-
social contributions
4 999
4 999
-
-
total
4 999
4 999
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 768
45 074
30 099
32 676
After tax
72 732
69 426
84 401
81 824
Living cost
34 345
34 345
34 345
34 345
Free-cash
38 387
35 081
50 056
47 479

Estimated living cost  is ₽34345 per week

₽22623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46005
₽45725
₽34453
₽45090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 490
pensions
-
-
-
7 381
total
-
-
-
34 871
Employee
47 409
-
100 479
-
health
618
-
1 649
-
pensions
3 618
-
9 439
-
income
8 634
-
20 398
-
total
12 870
-
31 486
-
Employer
47 409
-
100 479
-
pensions
4 790
-
12 113
-
health
901
-
1 909
-
total
5 691
-
14 022
-
Corporate
61 400
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.

11 666
21 756
-
-
total
11 666
21 756
-
-
Dividends
49 734
92 744
-
-
withholding
3 729
12 480
-
-
total
3 729
12 480
-
-
Income
114 500
114 500
114 500
114 500
Total tax
33 956
34 236
45 508
34 871
After tax
80 544
80 264
68 992
79 629
Living cost
34 538
34 538
34 538
34 538
Free-cash
46 005
45 725
34 453
45 090

Estimated living cost  is ₽34538 per week

₽23693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5749
-₽13724
₽37242
₽55473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
358
income
-
-
-
29 303
pensions
-
-
-
4 017
accident
-
-
-
244
health
-
-
-
2 106
total
-
-
-
36 028
Employee
36 179
-
99 753
-
health
4 142
-
11 422
-
pensions
4 074
-
7 366
-
income
4 963
-
20 724
-
total
13 179
-
39 512
-
Employer
36 179
-
99 753
-
accident
604
-
1 666
-
pensions
5 882
-
10 637
-
unemployment
886
-
2 444
-
total
7 372
-
14 747
-
Corporate
70 948
114 500
-
-
income

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

63 853
103 050
-
-
total
63 853
103 050
-
-
Dividends
7 095
11 450
-
-
withholding
1 348
2 175
-
-
total
1 348
2 175
-
-
Income
114 500
114 500
114 500
114 500
Total tax
85 752
105 225
54 259
36 028
After tax
28 748
9 275
60 241
78 472
Living cost
22 999
22 999
22 999
22 999
Free-cash
5 749
-13 724
37 242
55 473

Estimated living cost  is ₽22999 per week

₽16879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽79150
₽83576
₽62834
₽52147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
114 500
unemployment
-
-
-
1 374
income
-
-
-
18 090
pensions
-
-
-
21 068
health insurance
-
-
-
8 473
work injury
-
-
-
572
total
-
-
-
49 577
Employee

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

20 442
-
114 500
-
health insurance
1 513
-
5 597
-
unemployment
245
-
908
-
work injury
102
-
378
-
pensions
3 761
-
13 917
-
income
2 044
-
18 090
-
total
7 665
-
38 890
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 058
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%.

941
1 145
-
-
total
941
1 145
-
-
Dividends
93 117
113 355
-
-
withholding
13 968
17 003
-
-
total
13 968
17 003
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 574
18 148
38 890
49 577
After tax
91 926
96 352
75 610
64 923
Living cost
12 776
12 776
12 776
12 776
Free-cash
79 150
83 576
62 834
52 147

Estimated living cost  is ₽12776 per week

₽7915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
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.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18316
₽22619
₽13174
₽18413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 470
social contributions
-
-
-
29 449
municipal
-
-
-
765
national
-
-
-
25 711
total
-
-
-
58 395
Employee
79 728
-
114 500
-
national
13 473
-
22 232
-
regional
1 204
-
2 110
-
municipal
476
-
682
-
social contributions
26 884
-
38 610
-
total
42 037
-
63 634
-
Employer
79 728
-
114 500
-
total
-
-
-
-
Corporate
34 772
114 500
-
-
nationa
8 345
27 480
-
-
municipal
1 675
5 519
-
-
total
10 020
32 999
-
-
Dividends
24 752
81 501
-
-
withholding
6 435
21 190
-
-
total
6 435
21 190
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 492
54 189
63 634
58 395
After tax
56 008
60 311
50 866
56 105
Living cost
37 692
37 692
37 692
37 692
Free-cash
18 316
22 619
13 174
18 413

Estimated living cost  is ₽37692 per week

₽26476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close