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
₽29396
₽48261
₽37102
₽39781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
29 751
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.

-
-
-
1 636
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.

-
-
-
6 414
trade
-
-
-
11 159
total
-
-
-
48 960
Employee

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

35 910
-
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.

55
-
1 636
-
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.

1 003
-
29 751
-
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.

6 414
-
6 414
-
total
7 472
-
37 801
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 590
114 500
-
-
income
11 788
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.

649
944
-
-
chamber of commerce
255
306
-
-
trade
12 377
18 034
-
-
total
25 069
36 460
-
-
Dividends
53 521
78 039
-
-
surtax

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

716
1 053
-
-
withholding
13 024
19 153
-
-
total
13 740
20 206
-
-
Income
114 500
114 500
114 500
114 500
Total tax
46 281
56 666
37 801
48 960
After tax
68 219
57 834
76 699
65 540
Living cost
28 438
28 438
28 438
28 438
Free-cash
39 781
29 396
48 261
37 102

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21497
₽19563
₽18664
₽20667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
12 125
national
-
-
-
18 789
pensions
-
-
-
13 740
total
-
-
-
45 885
Employee
77 434
-
98 984
-
municipal
9 564
-
12 568
-
pensions
3 097
-
3 959
-
national
14 821
-
19 476
-
total
27 482
-
36 003
-
Employer
77 434
-
98 984
-
pensions
6 195
-
7 919
-
social contributions
832
-
1 064
-
total
7 027
-
8 983
-
Corporate
24 929
114 500
-
-
income

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

4 986
22 900
-
-
total
4 986
22 900
-
-
Dividends
19 943
91 600
-
-
withholding
4 387
20 152
-
-
total
4 387
20 152
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 882
43 052
44 986
45 885
After tax
70 618
71 448
69 514
68 615
Living cost
49 951
49 951
49 951
49 951
Free-cash
20 667
21 497
19 563
18 664

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72067
₽44771
₽12805
₽64365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 992
surtax
-
-
-
29 197
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.

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
82 162
Employee
27 434
-
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.

3 018
-
10 150
-
income
4 884
-
17 818
-
total
7 902
-
27 968
-
Employer
27 434
-
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.

6 608
-
22 228
-
surtax
-
-
-
-
total
6 608
-
22 228
-
Corporate
80 457
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%.

16 092
22 900
-
-
total
16 092
22 900
-
-
Dividends

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

64 365
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
30 602
22 900
50 196
82 162
After tax
83 898
91 600
64 304
32 338
Living cost
19 533
19 533
19 533
19 533
Free-cash
64 365
72 067
44 771
12 805

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
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.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16600
₽22533
₽26393
₽10849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 199
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
48 776
Employee
80 176
80 176
97 438
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
11 451
-
total
39 862
34 591
35 575
-
Employer
80 176
80 176
97 438
-
health
5 573
5 573
6 772
-
pensions
5 580
5 580
6 781
-
unemployment
2 886
2 886
3 508
-
total
14 039
14 039
17 061
-
Corporate
21 267
20 284
-
-
income
4 253
4 057
-
-
total
4 253
4 057
-
-
Dividends
17 014
16 227
-
-
income
3 615
3 448
-
-
withholding
2 551
2 434
-
-
total
6 166
5 882
-
-
Income
114 500
114 500
114 500
114 500
Total tax
64 320
58 569
52 636
48 776
After tax
50 180
55 931
61 864
65 724
Living cost
39 331
39 331
39 331
39 331
Free-cash
10 849
16 600
22 533
26 393

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24754
₽22273
₽23291
₽23904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
26 994
national
-
-
-
2 476
pensions
-
-
-
8 947
total
-
-
-
53 446
Employee
53 808
-
88 496
-
municipal
16 046
-
26 390
-
national
-
-
2 070
-
total
16 046
-
28 460
-
Employer
53 808
-
88 496
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
43 785
114 500
-
-
income
9 633
25 190
-
-
total
9 633
25 190
-
-
Dividends
34 152
89 310
-
-
withholding
10 246
26 793
-
-
total
10 246
26 793
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 833
51 983
54 464
53 446
After tax
61 667
62 517
60 036
61 054
Living cost
37 763
37 763
37 763
37 763
Free-cash
23 904
24 754
22 273
23 291

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20360
₽39816
₽28162
₽33553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
29 751
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.

-
-
-
1 636
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.

-
-
-
6 414
trade
-
-
-
11 654
total
-
-
-
49 455
Employee

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

47 612
-
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.

224
-
1 636
-
income

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

4 091
-
29 751
-
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.

6 414
-
6 414
-
total
10 729
-
37 801
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 888
114 500
-
-
income
10 033
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.

552
944
-
-
chamber of commerce
237
305
-
-
trade
11 004
18 836
-
-
total
21 826
37 261
-
-
Dividends
45 062
77 239
-
-
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.

600
1 042
-
-
withholding
10 909
18 954
-
-
total
11 509
19 996
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 064
57 257
37 801
49 455
After tax
70 436
57 243
76 699
65 045
Living cost
36 883
36 883
36 883
36 883
Free-cash
33 553
20 360
39 816
28 162

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53241
₽48597
₽49829
₽49349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 107
social contributions
-
-
-
15 191
health
-
-
-
2 920
total
-
-
-
34 218
Employee
72 195
72 195
104 485
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
15 577
-
health
718
1 228
1 776
-
total
11 807
13 903
25 435
-
Employer
72 195
72 195
104 485
-
health
782
1 336
1 933
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
10 015
-
Corporate
67 950
34 977
-
-
income
8 493
4 372
-
-
total
8 493
4 372
-
-
Dividends
59 456
30 604
-
-
withholding
10 108
5 203
-
-
total
10 108
5 203
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 698
30 806
35 450
34 218
After tax
79 802
83 694
79 050
80 282
Living cost
30 453
30 453
30 453
30 453
Free-cash
49 349
53 241
48 597
49 829

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
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.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47597
₽49553
₽62495
₽47948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

24 286
9 665
95 816
-
unemployment
364
145
1 437
-
pensions
2 429
967
9 582
-
income
2 969
1 182
11 713
-
health
1 700
677
6 707
-
total
7 462
2 971
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.

24 286
9 665
95 816
-
pensions
4 736
1 885
18 684
-
total
4 736
1 885
18 684
-
Corporate
85 479
102 950
-
-
income
7 693
9 265
-
-
total
7 693
9 265
-
-
Dividends
77 786
93 684
-
-
social contributions
15 058
18 158
-
-
withholding
14 779
17 800
-
-
total
29 837
35 958
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 728
50 079
48 123
35 181
After tax
64 772
64 421
66 377
79 319
Living cost
16 824
16 824
16 824
16 824
Free-cash
47 948
47 597
49 553
62 495

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68923
₽43320
₽38697
₽63089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
15 342
health
-
-
-
14 884
pensions
-
-
-
22 900
total
-
-
-
53 126
Employee
26 635
-
85 576
-
unemployment
426
-
1 368
-
pensions
533
-
1 712
-
income
2 999
-
16 499
-
total
3 958
-
19 579
-
Employer
26 635
-
85 576
-
health
3 462
-
11 125
-
pensions
5 327
-
17 115
-
unemployment
214
-
684
-
total
9 003
-
28 924
-
Corporate
78 863
114 500
-
-
income
15 773
22 900
-
-
total
15 773
22 900
-
-
Dividends
63 089
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
28 734
22 900
48 503
53 126
After tax
85 766
91 600
65 997
61 374
Living cost
22 677
22 677
22 677
22 677
Free-cash
63 089
68 923
43 320
38 697

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11657
₽39397
₽57532
₽6062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
240
income
-
-
-
29 410
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
36 037
Employee
32 926
-
99 902
-
pensions
3 708
-
7 259
-
income
4 517
-
20 876
-
health
3 770
-
11 439
-
total
11 995
-
39 574
-
Employer
32 926
-
99 902
-
pensions
5 354
-
10 482
-
accident
550
-
1 668
-
unemployment
807
-
2 448
-
total
6 711
-
14 598
-
Corporate
74 864
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.

67 378
103 050
-
-
total
67 378
103 050
-
-
Dividends
7 486
11 450
-
-
withholding
1 423
2 176
-
-
total
1 423
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
87 507
105 226
54 172
36 037
After tax
26 993
9 274
60 328
78 463
Living cost
20 931
20 931
20 931
20 931
Free-cash
6 062
-11 657
39 397
57 532

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101224
₽84049
₽105804
₽99809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
114 500
-
income
1 887
-
22 900
-
total
1 887
-
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%.

105 062
114 500
-
-
total
-
-
-
-
Dividends
105 062
114 500
-
-
withholding
5 253
5 725
-
-
total
5 253
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
7 140
5 725
22 900
1 145
After tax
107 360
108 775
91 600
113 355
Living cost
7 551
7 551
7 551
7 551
Free-cash
99 809
101 224
84 049
105 804

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59105
₽41099
₽36361
₽52767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 162
other
-
-
-
5 440
health
-
-
-
5 039
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.

-
-
-
27 481
total
-
-
-
53 122
Employee
34 090
-
91 454
-
unemployment
340
-
914
-
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.

2 386
-
6 402
-
income
5 869
-
16 741
-
health
477
-
1 281
-
total
9 072
-
25 338
-
Employer
34 090
-
91 454
-
health
477
-
1 281
-
pensions

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

5 796
-
15 547
-
accident
273
-
732
-
unemployment
340
-
914
-
other
1 705
-
4 572
-
total
8 591
-
23 046
-
Corporate
71 819
114 500
-
-
income
15 082
24 046
-
-
total
15 082
24 046
-
-
Dividends
56 737
90 454
-
-
withholding
3 971
6 332
-
-
total
3 971
6 332
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 716
30 378
48 384
53 122
After tax
77 784
84 122
66 116
61 378
Living cost
25 017
25 017
25 017
25 017
Free-cash
52 767
59 105
41 099
36 361

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
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.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17498
₽6146
₽16795
₽9853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 263
pensions
-
-
-
7 446
total
-
-
-
34 709
Employee
89 130
-
100 499
-
pensions
8 599
-
9 535
-
income
16 067
-
20 164
-
health
1 469
-
1 658
-
total
26 135
-
31 357
-
Employer
89 130
-
100 499
-
health
1 693
-
1 909
-
pensions
10 524
-
12 092
-
total
12 217
-
14 001
-
Corporate
13 153
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.

2 500
21 755
-
-
total
2 500
21 755
-
-
Dividends
10 653
92 745
-
-
withholding
799
12 251
-
-
total
799
12 251
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 651
34 006
45 358
34 709
After tax
72 849
80 494
69 142
79 791
Living cost
62 996
62 996
62 996
62 996
Free-cash
9 853
17 498
6 146
16 795

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85587
₽80199
₽76258
₽81228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
17 175
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
25 932
Employee
16 300
-
108 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
10 806
-
health
750
-
1 509
-
total
3 990
-
15 556
-
Employer
16 300
-
108 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
95 001
114 500
-
-
income
9 500
11 450
-
-
total
9 500
11 450
-
-
Dividends
85 501
103 050
-
-
withholding
4 275
5 153
-
-
total
4 275
5 153
-
-
Income
114 500
114 500
114 500
114 500
Total tax
20 962
16 603
21 991
25 932
After tax
93 538
97 897
92 509
88 568
Living cost
12 310
12 310
12 310
12 310
Free-cash
81 228
85 587
80 199
76 258

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3869
₽9802
₽13662
₽6229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 199
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
48 776
Employee
87 046
80 176
97 438
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
11 451
-
total
34 983
34 591
35 575
-
Employer
87 046
80 176
97 438
-
health
6 049
5 573
6 772
-
pensions
6 058
5 580
6 781
-
unemployment
3 134
2 886
3 508
-
total
15 241
14 039
17 061
-
Corporate
12 213
20 284
-
-
income
2 443
4 057
-
-
total
2 443
4 057
-
-
Dividends
9 771
16 227
-
-
income
2 076
3 448
-
-
withholding
1 466
2 434
-
-
total
3 542
5 882
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 209
58 569
52 636
48 776
After tax
58 291
55 931
61 864
65 724
Living cost
52 062
52 062
52 062
52 062
Free-cash
6 229
3 869
9 802
13 662

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55843
₽35115
₽33076
₽47642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 894
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
15 458
total
-
-
-
58 434
Employee
33 809
-
85 448
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
5 554
-
income
4 057
-
10 254
-
health
4 564
-
11 535
-
total
10 819
-
27 343
-
Employer
33 809
-
85 448
-
health
3 043
-
7 690
-
social contributions
8 452
-
21 362
-
total
11 495
-
29 052
-
Corporate
69 195
114 500
-
-
income
13 147
21 755
-
-
total
13 147
21 755
-
-
Dividends
56 048
92 745
-
-
withholding
8 407
13 912
-
-
total
8 407
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 868
35 667
56 395
58 434
After tax
70 632
78 833
58 105
56 066
Living cost
22 990
22 990
22 990
22 990
Free-cash
47 642
55 843
35 115
33 076

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
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.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21475
₽12242
₽17691
₽16569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 450
regional
-
-
-
1 299
municipal
-
-
-
681
national
-
-
-
25 762
total
-
-
-
57 192
Employee
83 442
-
114 500
-
municipal
442
-
608
-
national
14 458
-
22 282
-
regional
787
-
1 142
-
social contributions
28 137
-
38 609
-
total
43 824
-
62 641
-
Employer
83 442
-
114 500
-
total
-
-
-
-
Corporate
31 058
114 500
-
-
municipal
1 212
4 465
-
-
nationa
7 455
27 479
-
-
total
8 667
31 944
-
-
Dividends
22 392
82 556
-
-
withholding
5 823
21 464
-
-
total
5 823
21 464
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 314
53 408
62 641
57 192
After tax
56 186
61 092
51 859
57 308
Living cost
39 617
39 617
39 617
39 617
Free-cash
16 569
21 475
12 242
17 691

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51303
₽33109
₽34995
₽48381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 281
other
-
-
-
-
surtax
-
-
-
3 262
unemployment
-
-
-
214
health
-
-
-
8 130
pensions
-
-
-
22 900
total
-
-
-
58 787
Employee
31 048
-
94 588
-
other
-
-
-
-
unemployment
2 161
-
6 583
-
pensions
2 070
-
6 309
-
surtax
102
-
2 963
-
income
5 204
-
22 494
-
health
793
-
2 411
-
total
10 330
-
40 760
-
Employer
31 048
-
94 588
-
health
1 413
-
4 305
-
pensions
4 139
-
12 609
-
unemployment
983
-
2 999
-
other
-
-
-
-
total
6 535
-
19 913
-
Corporate
76 917
114 500
-
-
income
19 998
29 770
-
-
total
19 998
29 770
-
-
Dividends
56 919
84 730
-
-
withholding
8 538
12 709
-
-
total
8 538
12 709
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 401
42 479
60 673
58 787
After tax
69 099
72 021
53 827
55 713
Living cost
20 718
20 718
20 718
20 718
Free-cash
48 381
51 303
33 109
34 995

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37457
₽26105
₽36754
₽35340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 263
pensions
-
-
-
7 446
total
-
-
-
34 709
Employee
59 733
-
100 499
-
pensions
5 070
-
9 535
-
income
10 758
-
20 164
-
health
867
-
1 658
-
total
16 695
-
31 357
-
Employer
59 733
-
100 499
-
health
1 135
-
1 909
-
pensions
6 466
-
12 092
-
total
7 601
-
14 001
-
Corporate
47 166
114 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

8 962
21 755
-
-
total
8 962
21 755
-
-
Dividends
38 205
92 745
-
-
withholding
2 865
12 251
-
-
total
2 865
12 251
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 123
34 006
45 358
34 709
After tax
78 377
80 494
69 142
79 791
Living cost
43 037
43 037
43 037
43 037
Free-cash
35 340
37 457
26 105
36 754

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21922
₽14839
₽20520
₽9860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
4 403
health
-
-
-
258
city
-
-
-
1 208
national
-
-
-
1 009
pensions
-
-
-
10 533
total
-
-
-
19 700
Employee
86 926
-
102 485
-
unemployment
-
-
-
-
pensions
7 303
-
8 608
-
national
411
-
772
-
regional
2 846
-
3 781
-
city
933
-
1 101
-
health
197
-
231
-
total
11 690
-
14 493
-
Employer
86 926
-
102 485
-
health
197
-
231
-
pensions
7 303
-
8 608
-
unemployment
-
-
-
-
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.

1 738
-
2 049
-
total
9 238
-
10 888
-
Corporate
17 380
114 500
-
-
regional
3 676
24 217
-
-
national
1 477
9 732
-
-
total
5 153
33 949
-
-
Dividends
12 228
80 551
-
-
withholding
4 279
28 193
-
-
total
4 279
28 193
-
-
Income
114 500
114 500
114 500
114 500
Total tax
30 360
62 142
25 381
19 700
After tax
84 140
52 358
89 119
94 800
Living cost
74 280
74 280
74 280
74 280
Free-cash
9 860
-21 922
14 839
20 520

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13645
₽33689
₽21538
₽28871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
29 751
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.

-
-
-
1 636
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.

-
-
-
6 414
trade
-
-
-
12 151
total
-
-
-
49 952
Employee

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

56 425
-
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.

365
-
1 636
-
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.

6 635
-
29 751
-
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.

6 414
-
6 414
-
total
13 414
-
37 801
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 075
114 500
-
-
income
8 711
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.

479
944
-
-
chamber of commerce
224
303
-
-
trade
9 960
19 636
-
-
total
19 374
38 059
-
-
Dividends
38 701
76 441
-
-
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.

513
1 032
-
-
withholding
9 318
18 754
-
-
total
9 831
19 786
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 619
57 845
37 801
49 952
After tax
71 881
56 655
76 699
64 548
Living cost
43 010
43 010
43 010
43 010
Free-cash
28 871
13 645
33 689
21 538

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25586
₽36466
₽33227
₽31133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
13 822
other
-
-
-
3 549
surtax
-
-
-
-
social contributions
-
-
-
3 262
health
-
-
-
3 253
pensions
-
-
-
25 265
total
-
-
-
49 151
Employee
40 183
-
91 482
-
pensions
4 543
-
5 135
-
surtax
-
-
-
-
social contributions
1 146
-
2 607
-
income
2 371
-
15 158
-
total
8 060
-
22 900
-
Employer
40 183
-
91 482
-
health
2 813
-
7 014
-
pensions
6 601
-
8 865
-
unemployment
1 627
-
3 704
-
social contributions
121
-
274
-
other
1 386
-
3 155
-
total
12 548
-
23 012
-
Corporate
61 769
114 500
-
-
income
17 295
32 060
-
-
surtax
-
-
-
-
total
17 295
32 060
-
-
Dividends
44 474
82 440
-
-
surtax
-
-
-
-
social contributions
7 649
14 179
-
-
withholding
5 693
10 553
-
-
total
13 342
24 732
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 245
56 792
45 912
49 151
After tax
63 255
57 708
68 588
65 349
Living cost
32 122
32 122
32 122
32 122
Free-cash
31 133
25 586
36 466
33 227

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Nice model

Close
Marseille , France
₽28768
₽39648
₽36409
₽33983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
13 822
other
-
-
-
3 549
surtax
-
-
-
-
social contributions
-
-
-
3 262
health
-
-
-
3 253
pensions
-
-
-
25 265
total
-
-
-
49 151
Employee
35 869
-
91 482
-
pensions
4 057
-
5 135
-
surtax
-
-
-
-
social contributions
1 023
-
2 607
-
income
1 849
-
15 158
-
total
6 929
-
22 900
-
Employer
35 869
-
91 482
-
health
2 510
-
7 014
-
pensions
5 894
-
8 865
-
unemployment
1 452
-
3 704
-
social contributions
107
-
274
-
other
1 238
-
3 155
-
total
11 201
-
23 012
-
Corporate
67 430
114 500
-
-
income
18 881
32 060
-
-
surtax
-
-
-
-
total
18 881
32 060
-
-
Dividends
48 549
82 440
-
-
surtax
-
-
-
-
social contributions
8 351
14 179
-
-
withholding
6 215
10 553
-
-
total
14 566
24 732
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 577
56 792
45 912
49 151
After tax
62 923
57 708
68 588
65 349
Living cost
28 940
28 940
28 940
28 940
Free-cash
33 983
28 768
39 648
36 409

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49946
₽52755
₽53620
₽50431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
17 176
social contributions
-
-
-
15 802
health
-
-
-
7 993
total
-
-
-
40 971
Employee
31 834
-
114 500
-
social contributions
4 394
-
15 802
-
income
5 309
-
18 041
-
health
2 222
-
7 993
-
total
11 925
-
41 836
-
Employer
31 834
-
114 500
-
total
-
-
-
-
Corporate
82 666
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%.

4 134
5 725
-
-
total
4 134
5 725
-
-
Dividends
78 533
108 775
-
-
social contributions
10 838
15 011
-
-
withholding
11 781
16 317
-
-
health
5 482
7 592
-
-
total
28 101
38 920
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 160
44 645
41 836
40 971
After tax
70 340
69 855
72 664
73 529
Living cost
19 909
19 909
19 909
19 909
Free-cash
50 431
49 946
52 755
53 620

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30758
-₽998
₽23935
₽29301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
22 400
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
458
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
57 483
Employee
46 921
37 416
88 767
-
other
469
374
887
-
unemployment
1 408
1 122
2 664
-
pensions
4 805
3 831
9 090
-
income
5 342
2 760
19 305
-
health
1 816
1 449
3 435
-
total
13 840
9 536
35 381
-
Employer
46 921
37 416
88 767
-
chamber of commerce
187
150
355
-
health
1 773
1 415
3 355
-
pensions
5 889
4 697
11 141
-
accident
609
486
1 155
-
unemployment
1 408
1 122
2 664
-
surtax
185
185
185
-
payroll
1 408
1 122
2 664
-
other
2 229
1 776
4 216
-
total
13 688
10 953
25 735
-
Corporate
53 892
66 130
85 204
-
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.

13 473
16 532
21 300
-
total
13 473
16 532
21 300
-
Dividends
40 419
49 598
-
-
withholding
11 116
13 639
-
-
total
11 116
13 639
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 117
50 660
82 416
57 483
After tax
62 383
63 840
32 084
57 017
Living cost
33 082
33 082
33 082
33 082
Free-cash
29 301
30 758
-998
23 935

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29909
₽8922
₽17338
₽15828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
5 773
social contributions
-
-
-
18 274
national
-
-
-
38 882
total
-
-
-
62 929
Employee

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

67 159
-
88 685
-
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.

584
-
771
-
communal

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

3 503
-
4 625
-
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.

5 037
-
6 651
-
national
20 647
-
29 316
-
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.

3 155
-
4 167
-
total
32 926
-
45 530
-
Employer

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

67 159
-
88 685
-
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.

4 130
-
5 454
-
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.

5 951
-
7 857
-
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.

873
-
1 153
-
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.

980
-
1 295
-
surtax
7 615
-
10 056
-
total
19 549
-
25 815
-
Corporate
27 793
114 500
-
-
income
5 559
22 900
-
-
surtax
110
458
-
-
total
5 669
23 358
-
-
Dividends
22 123
91 142
-
-
withholding

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

6 295
27 000
-
-
total
6 295
27 000
-
-
Income
114 500
114 500
114 500
114 500
Total tax
64 439
50 358
71 345
62 929
After tax
50 061
64 142
43 155
51 571
Living cost
34 233
34 233
34 233
34 233
Free-cash
15 828
29 909
8 922
17 338

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43027
₽24977
₽29440
₽35713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
784
income
-
-
-
25 046
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
51 153
Employee
46 735
-
86 823
-
other
46
-
87
-
unemployment
725
-
1 345
-
pensions
2 197
-
4 080
-
income
9 861
-
22 427
-
total
12 829
-
27 939
-
Employer
46 735
-
86 823
-
pensions
11 029
-
20 490
-
accident
925
-
1 719
-
unemployment
2 571
-
4 775
-
other
372
-
693
-
total
14 897
-
27 677
-
Corporate
52 868
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.

7 930
17 176
-
-
total
7 930
17 176
-
-
Dividends
44 938
97 324
-
-
withholding
9 224
20 390
-
-
total
9 224
20 390
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 880
37 566
55 616
51 153
After tax
69 620
76 934
58 884
63 347
Living cost
33 907
33 907
33 907
33 907
Free-cash
35 713
43 027
24 977
29 440

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18216
₽15847
₽11278
₽9384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
7 237
accident
-
-
-
966
income
-
-
-
13 115
surtax
-
-
-
5 676
health
-
-
-
8 044
pensions
-
-
-
17 161
total
-
-
-
52 199
Employee
71 101
-
102 278
-
pensions
5 687
-
8 182
-
surtax
4 358
-
6 268
-
income
6 868
-
16 405
-
health
3 164
-
4 552
-
total
20 077
-
35 407
-
Employer
71 101
-
102 278
-
health
2 168
-
3 120
-
pensions
5 687
-
8 182
-
accident
640
-
921
-
total
8 495
-
12 223
-
Corporate
34 904
114 500
-
-
communal
2 355
7 729
-
-
income
5 236
17 176
-
-
surtax
367
1 203
-
-
total
7 958
26 108
-
-
Dividends
26 946
88 393
-
-
income
13 520
5 894
-
-
withholding
4 043
13 259
-
-
total
17 563
19 153
-
-
Income
114 500
114 500
114 500
114 500
Total tax
54 093
45 261
47 630
52 199
After tax
60 407
69 239
66 870
62 301
Living cost
51 023
51 023
51 023
51 023
Free-cash
9 384
18 216
15 847
11 278

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
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.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50933
₽32739
₽34625
₽47946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 281
other
-
-
-
-
surtax
-
-
-
3 262
unemployment
-
-
-
214
health
-
-
-
8 130
pensions
-
-
-
22 900
total
-
-
-
58 787
Employee
31 618
-
94 588
-
other
-
-
-
-
unemployment
2 200
-
6 583
-
pensions
2 110
-
6 309
-
surtax
112
-
2 963
-
income
5 301
-
22 494
-
health
807
-
2 411
-
total
10 530
-
40 760
-
Employer
31 618
-
94 588
-
health
1 438
-
4 305
-
pensions
4 216
-
12 609
-
unemployment
1 003
-
2 999
-
other
-
-
-
-
total
6 657
-
19 913
-
Corporate
76 225
114 500
-
-
income
19 818
29 770
-
-
total
19 818
29 770
-
-
Dividends
56 408
84 730
-
-
withholding
8 461
12 709
-
-
total
8 461
12 709
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 466
42 479
60 673
58 787
After tax
69 034
72 021
53 827
55 713
Living cost
21 088
21 088
21 088
21 088
Free-cash
47 946
50 933
32 739
34 625

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34894
₽26170
₽31589
₽32808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 450
regional
-
-
-
1 727
municipal
-
-
-
681
national
-
-
-
25 762
total
-
-
-
57 620
Employee
52 081
-
114 500
-
municipal
276
-
608
-
national
8 251
-
22 282
-
regional
701
-
1 540
-
social contributions
17 562
-
38 609
-
total
26 790
-
63 039
-
Employer
52 081
-
114 500
-
total
-
-
-
-
Corporate
62 419
114 500
-
-
municipal
3 102
5 691
-
-
nationa
14 981
27 479
-
-
total
18 083
33 170
-
-
Dividends
44 337
81 330
-
-
withholding
11 528
21 145
-
-
total
11 528
21 145
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 401
54 315
63 039
57 620
After tax
58 099
60 185
51 461
56 880
Living cost
25 291
25 291
25 291
25 291
Free-cash
32 808
34 894
26 170
31 589

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50503
₽29775
₽27736
₽40396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 894
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
15 458
total
-
-
-
58 434
Employee
41 662
-
85 448
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
5 554
-
income
4 999
-
10 254
-
health
5 624
-
11 535
-
total
13 331
-
27 343
-
Employer
41 662
-
85 448
-
health
3 750
-
7 690
-
social contributions
10 416
-
21 362
-
total
14 166
-
29 052
-
Corporate
58 673
114 500
-
-
income
11 148
21 755
-
-
total
11 148
21 755
-
-
Dividends
47 525
92 745
-
-
withholding
7 129
13 912
-
-
total
7 129
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 774
35 667
56 395
58 434
After tax
68 726
78 833
58 105
56 066
Living cost
28 330
28 330
28 330
28 330
Free-cash
40 396
50 503
29 775
27 736

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33985
₽2164
₽27248
₽33522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
22 400
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
458
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
57 298
Employee
41 041
37 416
88 911
-
other
410
374
889
-
unemployment
1 231
1 122
2 667
-
pensions
4 203
3 831
9 104
-
income
3 656
2 760
19 356
-
health
1 587
1 449
3 440
-
total
11 087
9 536
35 456
-
Employer
41 041
37 416
88 911
-
chamber of commerce
164
150
356
-
health
1 552
1 415
3 360
-
pensions
5 151
4 697
11 159
-
accident
533
486
1 156
-
unemployment
1 231
1 122
2 667
-
surtax
-
-
-
-
payroll
1 231
1 122
2 667
-
other
1 949
1 776
4 223
-
total
11 811
10 768
25 588
-
Corporate
61 648
66 316
85 348
-
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.

15 412
16 579
21 338
-
total
15 412
16 579
21 338
-
Dividends
46 236
49 737
-
-
withholding
12 714
13 678
-
-
total
12 714
13 678
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 024
50 561
82 382
57 298
After tax
63 476
63 939
32 118
57 202
Living cost
29 954
29 954
29 954
29 954
Free-cash
33 522
33 985
2 164
27 248

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
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.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97008
₽79833
₽101588
₽94801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
114 500
-
income
2 942
-
22 900
-
total
2 942
-
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%.

99 791
114 500
-
-
total
-
-
-
-
Dividends
99 791
114 500
-
-
withholding
4 990
5 725
-
-
total
4 990
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
7 932
5 725
22 900
1 145
After tax
106 568
108 775
91 600
113 355
Living cost
11 767
11 767
11 767
11 767
Free-cash
94 801
97 008
79 833
101 588

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53650
₽29869
₽33155
₽45797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 815
unemployment
-
-
-
171
health
-
-
-
11 266
pensions
-
-
-
20 910
total
-
-
-
56 162
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.

41 517
-
99 074
-
unemployment
59
-
139
-
pensions
6 435
-
15 356
-
income
7 160
-
22 125
-
health
2 681
-
6 402
-
total
16 335
-
44 022
-
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.

41 517
-
99 074
-
health
2 765
-
6 599
-
pensions
3 674
-
8 768
-
unemployment
25
-
59
-
total
6 464
-
15 426
-
Corporate
66 519
114 500
-
-
income
12 639
21 755
-
-
total
12 639
21 755
-
-
Dividends
53 879
92 745
-
-
withholding
8 082
13 912
-
-
total
8 082
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 520
35 667
59 448
56 162
After tax
70 980
78 833
55 052
58 338
Living cost
25 183
25 183
25 183
25 183
Free-cash
45 797
53 650
29 869
33 155

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29561
₽62173
₽39028
-₽24073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
22 318
social contributions
-
-
-
13 053
total
-
-
-
35 371
Employee
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.
₽3772
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
₽35677
₽26456
₽33568
₽34733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
114 500
income
-
-
-
11 693
surtax
-
-
-
-
social contributions

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

-
-
-
39 789
total
-
-
-
51 482
Employee
43 181
-
92 525
-
surtax
-
-
-
-
social contributions
4 750
-
10 177
-
income
8 982
-
26 443
-
total
13 732
-
36 620
-
Employer
43 181
-
92 525
-
social contributions
10 255
-
21 974
-
total
10 255
-
21 974
-
Corporate
61 063
114 500
-
-
income
12 823
24 046
-
-
surtax
-
-
-
-
total
12 823
24 046
-
-
Dividends
48 241
90 454
-
-
withholding
13 507
25 327
-
-
total
13 507
25 327
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 317
49 373
58 594
51 482
After tax
64 183
65 127
55 906
63 018
Living cost
29 450
29 450
29 450
29 450
Free-cash
34 733
35 677
26 456
33 568

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12361
₽23241
₽20002
₽18816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
13 822
other
-
-
-
3 549
surtax
-
-
-
-
social contributions
-
-
-
3 262
health
-
-
-
3 253
pensions
-
-
-
25 265
total
-
-
-
49 151
Employee
58 804
-
91 482
-
pensions
6 651
-
5 135
-
surtax
-
-
-
-
social contributions
1 675
-
2 607
-
income
5 131
-
15 158
-
total
13 457
-
22 900
-
Employer
58 804
-
91 482
-
health
4 116
-
7 014
-
pensions
9 662
-
8 865
-
unemployment
2 382
-
3 704
-
social contributions
176
-
274
-
other
2 029
-
3 155
-
total
18 365
-
23 012
-
Corporate
37 330
114 500
-
-
income
10 453
32 060
-
-
surtax
-
-
-
-
total
10 453
32 060
-
-
Dividends
26 877
82 440
-
-
surtax
-
-
-
-
social contributions
4 622
14 179
-
-
withholding
3 440
10 553
-
-
total
8 062
24 732
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 337
56 792
45 912
49 151
After tax
64 163
57 708
68 588
65 349
Living cost
45 347
45 347
45 347
45 347
Free-cash
18 816
12 361
23 241
20 002

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74829
₽60903
₽57858
₽71673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 230
social contributions
-
-
-
25 190
total
-
-
-
28 420
Employee
30 184
-
99 135
-
income
-
-
3 567
-
social contributions
1 962
-
6 443
-
total
1 962
-
10 010
-
Employer
30 184
-
99 135
-
social contributions
4 679
-
15 365
-
total
4 679
-
15 365
-
Corporate
79 637
114 500
-
-
income
7 964
11 449
-
-
total
7 964
11 449
-
-
Dividends
71 673
103 051
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
14 605
11 449
25 375
28 420
After tax
99 895
103 051
89 125
86 080
Living cost
28 222
28 222
28 222
28 222
Free-cash
71 673
74 829
60 903
57 858

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽90058
-₽90058
₽24577
-₽90058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
9 095
municipal
-
-
-
22 340
national
-
-
-
12 458
pensions
-
-
-
814
total
-
-
-
44 707
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
159 342
159 342
159 342
44 707
After tax
-44 842
-44 842
-44 842
69 793
Living cost
45 216
45 216
45 216
45 216
Free-cash
-90 058
-90 058
-90 058
24 577

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11348
₽39706
₽57841
₽6112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
240
income
-
-
-
29 410
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
36 037
Employee
32 441
-
99 902
-
pensions
3 653
-
7 259
-
income
4 450
-
20 876
-
health
3 715
-
11 439
-
total
11 818
-
39 574
-
Employer
32 441
-
99 902
-
pensions
5 275
-
10 482
-
accident
542
-
1 668
-
unemployment
795
-
2 448
-
total
6 612
-
14 598
-
Corporate
75 448
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.

67 903
103 050
-
-
total
67 903
103 050
-
-
Dividends
7 545
11 450
-
-
withholding
1 433
2 176
-
-
total
1 433
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
87 766
105 226
54 172
36 037
After tax
26 734
9 274
60 328
78 463
Living cost
20 622
20 622
20 622
20 622
Free-cash
6 112
-11 348
39 706
57 841

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38510
₽27255
₽42952
₽38474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
health
-
-
-
1 372
municipal
-
-
-
20 363
national
-
-
-
13 767
total
-
-
-
35 502
Employee
49 396
-
96 325
-
municipal
8 091
-
15 711
-
unemployment
741
-
1 445
-
pensions
3 334
-
6 501
-
national
816
-
8 276
-
health
369
-
1 092
-
total
13 351
-
33 025
-
Employer
49 396
-
96 325
-
health
380
-
741
-
pensions
8 570
-
16 712
-
accident
50
-
96
-
unemployment
321
-
625
-
total
9 321
-
18 174
-
Corporate
55 784
114 500
-
-
income
11 157
22 900
-
-
total
11 157
22 900
-
-
Dividends

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

33 470
68 700
-
-
municipal
6 024
12 367
-
-
national
127
4 677
-
-
total
6 151
17 044
-
-
Income
114 500
114 500
114 500
114 500
Total tax
39 980
39 944
51 199
35 502
After tax
74 520
74 556
63 301
78 998
Living cost
36 046
36 046
36 046
36 046
Free-cash
38 474
38 510
27 255
42 952

Estimated living cost  is ₽36046 per week

₽23545
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.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61956
₽57312
₽58544
₽56846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 107
social contributions
-
-
-
15 191
health
-
-
-
2 920
total
-
-
-
34 218
Employee
72 195
72 195
104 485
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
15 577
-
health
559
1 228
1 776
-
total
11 150
13 903
25 435
-
Employer
72 195
72 195
104 485
-
health
608
1 336
1 933
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
10 015
-
Corporate
78 275
34 977
-
-
income
9 785
4 372
-
-
total
9 785
4 372
-
-
Dividends
68 490
30 604
-
-
withholding
11 643
5 203
-
-
total
11 643
5 203
-
-
Income
114 500
114 500
114 500
114 500
Total tax
35 916
30 806
35 450
34 218
After tax
78 584
83 694
79 050
80 282
Living cost
21 738
21 738
21 738
21 738
Free-cash
56 846
61 956
57 312
58 544

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
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.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79911
₽60135
₽78966
₽75134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 230
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
20 627
Employee

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

21 550
-
105 324
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
8 902
-
health
1 832
-
7 572
-
total
6 644
-
30 282
-
Employer

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

21 550
-
105 324
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
90 731
114 500
-
-
income
8 166
10 305
-
-
total
8 166
10 305
-
-
Dividends
82 566
104 195
-
-
withholding
7 431
9 377
-
-
total
7 431
9 377
-
-
Income
114 500
114 500
114 500
114 500
Total tax
24 459
19 682
39 458
20 627
After tax
90 041
94 818
75 042
93 873
Living cost
14 907
14 907
14 907
14 907
Free-cash
75 134
79 911
60 135
78 966

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
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.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51116
₽33066
₽37529
₽46359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
784
income
-
-
-
25 046
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
51 153
Employee
34 716
-
86 823
-
other
34
-
87
-
unemployment
538
-
1 345
-
pensions
1 632
-
4 080
-
income
6 693
-
22 427
-
total
8 897
-
27 939
-
Employer
34 716
-
86 823
-
pensions
8 192
-
20 490
-
accident
688
-
1 719
-
unemployment
1 910
-
4 775
-
other
278
-
693
-
total
11 068
-
27 677
-
Corporate
68 716
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.

10 307
17 176
-
-
total
10 307
17 176
-
-
Dividends
58 409
97 324
-
-
withholding
12 051
20 390
-
-
total
12 051
20 390
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 323
37 566
55 616
51 153
After tax
72 177
76 934
58 884
63 347
Living cost
25 818
25 818
25 818
25 818
Free-cash
46 359
51 116
33 066
37 529

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69551
₽71280
₽71414
₽69239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 802
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
41 189
Employee
2 889
-
112 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
38 729
-
health
144
-
346
-
total
992
-
39 767
-
Employer
2 889
-
112 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
110 960
114 500
-
-
income
24 411
25 190
-
-
total
24 411
25 190
-
-
Dividends
86 549
89 310
-
-
withholding
17 310
17 862
-
-
total
17 310
17 862
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 364
43 052
41 323
41 189
After tax
71 136
71 448
73 177
73 311
Living cost
1 897
1 897
1 897
1 897
Free-cash
69 239
69 551
71 280
71 414

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66481
₽47312
₽47313
₽61857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 701
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
50 942
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.

24 497
-
102 074
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
24 701
-
health
1 262
-
3 575
-
total
8 253
-
38 516
-
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.

24 497
-
102 074
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
85 618
114 500
-
-
income
12 843
17 175
-
-
total
12 843
17 175
-
-
Dividends
72 776
97 325
-
-
withholding
10 916
14 599
-
-
total
10 916
14 599
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 398
31 774
50 943
50 942
After tax
78 102
82 726
63 557
63 558
Living cost
16 245
16 245
16 245
16 245
Free-cash
61 857
66 481
47 312
47 313

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39816
₽30595
₽37707
₽39477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
114 500
income
-
-
-
11 693
surtax
-
-
-
-
social contributions

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

-
-
-
39 789
total
-
-
-
51 482
Employee
36 440
-
92 525
-
surtax
-
-
-
-
social contributions
4 009
-
10 177
-
income
7 120
-
26 443
-
total
11 129
-
36 620
-
Employer
36 440
-
92 525
-
social contributions
8 654
-
21 974
-
total
8 654
-
21 974
-
Corporate
69 406
114 500
-
-
income
14 576
24 046
-
-
surtax
-
-
-
-
total
14 576
24 046
-
-
Dividends
54 830
90 454
-
-
withholding
15 353
25 327
-
-
total
15 353
25 327
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 712
49 373
58 594
51 482
After tax
64 788
65 127
55 906
63 018
Living cost
25 312
25 312
25 312
25 312
Free-cash
39 477
39 816
30 595
37 707

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43938
₽25888
₽30351
₽36944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
784
income
-
-
-
25 046
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
51 153
Employee
45 344
-
86 823
-
other
45
-
87
-
unemployment
702
-
1 345
-
pensions
2 131
-
4 080
-
income
9 471
-
22 427
-
total
12 349
-
27 939
-
Employer
45 344
-
86 823
-
pensions
10 701
-
20 490
-
accident
898
-
1 719
-
unemployment
2 494
-
4 775
-
other
363
-
693
-
total
14 456
-
27 677
-
Corporate
54 700
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.

8 205
17 176
-
-
total
8 205
17 176
-
-
Dividends
46 495
97 324
-
-
withholding
9 550
20 390
-
-
total
9 550
20 390
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 560
37 566
55 616
51 153
After tax
69 940
76 934
58 884
63 347
Living cost
32 996
32 996
32 996
32 996
Free-cash
36 944
43 938
25 888
30 351

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81746
₽76358
₽72417
₽76025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
17 175
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
25 932
Employee
21 387
-
108 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
10 806
-
health
984
-
1 509
-
total
5 236
-
15 556
-
Employer
21 387
-
108 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
88 917
114 500
-
-
income
8 891
11 450
-
-
total
8 891
11 450
-
-
Dividends
80 026
103 050
-
-
withholding
4 001
5 153
-
-
total
4 001
5 153
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 324
16 603
21 991
25 932
After tax
92 176
97 897
92 509
88 568
Living cost
16 151
16 151
16 151
16 151
Free-cash
76 025
81 746
76 358
72 417

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22763
₽40451
₽30285
₽35048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
29 751
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.

-
-
-
1 636
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.

-
-
-
6 414
trade
-
-
-
10 166
total
-
-
-
47 967
Employee

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

46 715
-
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.

212
-
1 636
-
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.

3 841
-
29 751
-
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.

6 414
-
6 414
-
total
10 467
-
37 801
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 785
114 500
-
-
income
10 168
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.

559
944
-
-
chamber of commerce
242
310
-
-
trade
9 726
16 431
-
-
total
20 695
34 861
-
-
Dividends
47 089
79 639
-
-
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.

627
1 076
-
-
withholding
11 415
19 552
-
-
total
12 042
20 628
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 204
55 489
37 801
47 967
After tax
71 296
59 011
76 699
66 533
Living cost
36 248
36 248
36 248
36 248
Free-cash
35 048
22 763
40 451
30 285

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
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.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26668
₽20117
₽20117
₽28739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
30 282
social contributions
-
-
-
10 618
total
-
-
-
40 900
Employee
73 441
-
114 500
-
income
13 858
-
30 282
-
social contributions
6 101
-
10 618
-
total
19 959
-
40 900
-
Employer
73 441
-
114 500
-
total
-
-
-
-
Corporate
41 059
114 500
-
-
income
5 133
14 312
-
-
total
5 133
14 312
-
-
Dividends
35 926
100 188
-
-
withholding
7 186
20 037
-
-
total
7 186
20 037
-
-
Income
114 500
114 500
114 500
114 500
Total tax
32 278
34 349
40 900
40 900
After tax
82 222
80 151
73 600
73 600
Living cost
53 483
53 483
53 483
53 483
Free-cash
28 739
26 668
20 117
20 117

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
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.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35382
₽50330
₽48013
₽38665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
114 500
income
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
110 181
-
income
4 673
-
21 450
-
social contributions
4 315
-
4 319
-
total
8 988
-
25 769
-
Employer
43 070
-
110 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
67 115
114 500
-
-
income
23 490
40 076
-
-
total
23 490
40 076
-
-
Dividends
43 625
74 424
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 753
45 036
30 088
32 405
After tax
72 747
69 464
84 412
82 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
38 665
35 382
50 330
48 013

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45506
₽34154
₽44803
₽45487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 263
pensions
-
-
-
7 446
total
-
-
-
34 709
Employee
48 026
-
100 499
-
pensions
3 666
-
9 535
-
income
8 746
-
20 164
-
health
626
-
1 658
-
total
13 038
-
31 357
-
Employer
48 026
-
100 499
-
health
913
-
1 909
-
pensions
4 852
-
12 092
-
total
5 765
-
14 001
-
Corporate
60 709
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.

11 534
21 755
-
-
total
11 534
21 755
-
-
Dividends
49 175
92 745
-
-
withholding
3 688
12 251
-
-
total
3 688
12 251
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 025
34 006
45 358
34 709
After tax
80 475
80 494
69 142
79 791
Living cost
34 988
34 988
34 988
34 988
Free-cash
45 487
45 506
34 154
44 803

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13390
₽37664
₽55799
₽5799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
240
income
-
-
-
29 410
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
36 037
Employee
35 652
-
99 902
-
pensions
4 014
-
7 259
-
income
4 891
-
20 876
-
health
4 082
-
11 439
-
total
12 987
-
39 574
-
Employer
35 652
-
99 902
-
pensions
5 797
-
10 482
-
accident
595
-
1 668
-
unemployment
873
-
2 448
-
total
7 265
-
14 598
-
Corporate
71 583
114 500
-
-
income

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

64 425
103 050
-
-
total
64 425
103 050
-
-
Dividends
7 158
11 450
-
-
withholding
1 360
2 176
-
-
total
1 360
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
86 037
105 226
54 172
36 037
After tax
28 463
9 274
60 328
78 463
Living cost
22 664
22 664
22 664
22 664
Free-cash
5 799
-13 390
37 664
55 799

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽83665
₽63051
₽52218
₽79270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18 108
unemployment
-
-
-
1 374
work injury
-
-
-
572
health insurance
-
-
-
8 473
pensions
-
-
-
21 068
total
-
-
-
49 595
Employee

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

20 298
-
114 500
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
18 108
-
total
7 612
-
38 762
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 202
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%.

942
1 145
-
-
total
942
1 145
-
-
Dividends
93 260
113 355
-
-
withholding
13 989
17 003
-
-
total
13 989
17 003
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 543
18 148
38 762
49 595
After tax
91 957
96 352
75 738
64 905
Living cost
12 687
12 687
12 687
12 687
Free-cash
79 270
83 665
63 051
52 218

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22908
₽13407
₽18642
₽18637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 450
regional
-
-
-
2 477
municipal
-
-
-
766
national
-
-
-
25 762
total
-
-
-
58 455
Employee
79 116
-
114 500
-
municipal
472
-
682
-
national
13 370
-
22 282
-
regional
1 194
-
2 117
-
social contributions
26 677
-
38 609
-
total
41 713
-
63 690
-
Employer
79 116
-
114 500
-
total
-
-
-
-
Corporate
35 384
114 500
-
-
municipal
1 705
5 520
-
-
nationa
8 492
27 479
-
-
total
10 197
32 999
-
-
Dividends
25 188
81 501
-
-
withholding
6 550
21 190
-
-
total
6 550
21 190
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 460
54 189
63 690
58 455
After tax
56 040
60 311
50 810
56 045
Living cost
37 403
37 403
37 403
37 403
Free-cash
18 637
22 908
13 407
18 642

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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