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
₽27080
₽38319
₽38357
₽48950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
trade
-
-
-
10 593
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.

-
-
-
26 382
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.

-
-
-
6 941
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.

-
-
-
1 452
total
-
-
-
45 368
Employee

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

38 861
-
114 500
-
health

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

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

6 941
-
6 941
-
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.

60
-
1 452
-
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.

1 086
-
26 382
-
total
8 087
-
34 775
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 639
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.

625
945
-
-
income
11 345
17 176
-
-
trade
11 914
18 034
-
-
chamber of commerce
262
318
-
-
total
24 146
36 473
-
-
Dividends
51 493
78 028
-
-
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.

686
1 051
-
-
withholding
12 487
19 121
-
-
total
13 173
20 172
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 406
56 645
34 775
45 368
After tax
69 094
57 855
79 725
69 132
Living cost
30 775
30 775
30 775
30 775
Free-cash
38 319
27 080
48 950
38 357

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20180
₽19328
₽17429
₽18329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
12 093
pensions
-
-
-
13 740
national
-
-
-
18 739
social contributions
-
-
-
1 231
total
-
-
-
45 803
Employee
79 474
-
98 984
-
municipal
9 816
-
12 536
-
pensions
3 179
-
3 959
-
national
15 211
-
19 425
-
total
28 206
-
35 920
-
Employer
79 474
-
98 984
-
social contributions
854
-
1 064
-
pensions
6 358
-
7 919
-
total
7 212
-
8 983
-
Corporate
22 568
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%.

4 514
22 900
-
-
total
4 514
22 900
-
-
Dividends
18 054
91 600
-
-
withholding
3 972
20 152
-
-
total
3 972
20 152
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 904
43 052
44 903
45 803
After tax
70 596
71 448
69 597
68 697
Living cost
51 268
51 268
51 268
51 268
Free-cash
19 328
20 180
18 329
17 429

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70462
₽62129
₽39839
₽43254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
114 500
microenterprise
-
-
-
-
income
-
-
-
16 711
surtax
-
-
-
-
social contributions

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

-
-
-
36 812
total
-
-
-
53 523
Employee
29 689
-
92 271
-
social contributions

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

3 266
-
10 150
-
surtax
-
-
-
-
income
5 285
-
17 731
-
total
8 551
-
27 881
-
Employer
29 689
-
92 271
-
social contributions

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

7 151
-
22 227
-
surtax
-
-
-
-
total
7 151
-
22 227
-
Corporate
77 659
114 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

15 531
22 900
-
-
total
15 531
22 900
-
-
Dividends

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

62 128
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
31 233
22 900
50 108
53 523
After tax
83 267
91 600
64 392
60 977
Living cost
21 138
21 138
21 138
21 138
Free-cash
62 129
70 462
43 254
39 839

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13164
₽6937
₽22736
₽16834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 768
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
49 201
Employee
86 765
86 765
97 440
-
health
13 318
11 328
11 937
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
38 043
-
Employer
86 765
86 765
97 440
-
unemployment
3 124
3 124
3 507
-
pensions
6 039
6 039
6 781
-
health
6 031
6 031
6 772
-
total
15 194
15 194
17 060
-
Corporate
13 605
12 541
-
-
income
2 721
2 508
-
-
total
2 721
2 508
-
-
Dividends
10 885
10 032
-
-
income
2 314
2 133
-
-
withholding
1 633
1 504
-
-
total
3 947
3 637
-
-
Income
114 500
114 500
114 500
114 500
Total tax
65 000
58 773
55 103
49 201
After tax
49 500
55 727
59 397
65 299
Living cost
42 563
42 563
42 563
42 563
Free-cash
6 937
13 164
16 834
22 736

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23364
₽22484
₽22033
₽20978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
26 731
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
1 724
total
-
-
-
53 314
Employee
55 789
-
87 539
-
municipal
16 636
-
26 104
-
national
-
-
1 304
-
total
16 636
-
27 408
-
Employer
55 789
-
87 539
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
41 182
114 500
-
-
income
9 060
25 190
-
-
total
9 060
25 190
-
-
Dividends
32 122
89 310
-
-
withholding
9 637
26 793
-
-
total
9 637
26 793
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 863
51 983
54 369
53 314
After tax
61 637
62 517
60 131
61 186
Living cost
39 153
39 153
39 153
39 153
Free-cash
22 484
23 364
20 978
22 033

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17351
₽31631
₽28747
₽39811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
trade
-
-
-
11 064
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.

-
-
-
26 382
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.

-
-
-
6 941
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.

-
-
-
1 452
total
-
-
-
45 839
Employee

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

51 525
-
114 500
-
health

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

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

6 941
-
6 941
-
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.

243
-
1 452
-
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.

4 427
-
26 382
-
total
11 611
-
34 775
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 975
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.

519
945
-
-
income
9 446
17 176
-
-
trade
10 360
18 836
-
-
chamber of commerce
243
316
-
-
total
20 568
37 273
-
-
Dividends
42 407
77 227
-
-
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.

561
1 041
-
-
withholding
10 215
18 921
-
-
total
10 776
19 962
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 955
57 235
34 775
45 839
After tax
71 545
57 265
79 725
68 661
Living cost
39 914
39 914
39 914
39 914
Free-cash
31 631
17 351
39 811
28 747

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50786
₽46573
₽47508
₽46396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
14 679
health
-
-
-
2 919
social contributions
-
-
-
16 439
total
-
-
-
34 037
Employee
78 128
78 128
103 949
-
social contributions
3 796
6 484
8 628
-
health
777
1 328
1 768
-
income
8 204
7 232
14 203
-
total
12 777
15 044
24 599
-
Employer
78 128
78 128
103 949
-
social contributions
3 796
6 484
8 628
-
health
846
1 446
1 922
-
total
4 642
7 930
10 550
-
Corporate
64 124
28 441
-
-
income
8 015
3 555
-
-
total
8 015
3 555
-
-
Dividends
56 109
24 886
-
-
withholding
9 538
4 230
-
-
total
9 538
4 230
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 972
30 759
35 149
34 037
After tax
79 528
83 741
79 351
80 463
Living cost
32 955
32 955
32 955
32 955
Free-cash
46 573
50 786
46 396
47 508

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46050
₽46431
₽60916
₽47973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 450
unemployment
-
-
-
1 717
health
-
-
-
8 015
total
-
-
-
35 180
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 567
10 573
95 816
-
health
1 860
740
6 707
-
income
3 248
1 293
11 713
-
pensions
2 657
1 057
9 582
-
unemployment
399
159
1 437
-
total
8 164
3 249
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.

26 567
10 573
95 816
-
pensions
5 181
2 062
18 684
-
total
5 181
2 062
18 684
-
Corporate
82 753
101 865
-
-
income
7 448
9 168
-
-
total
7 448
9 168
-
-
Dividends
75 305
92 697
-
-
social contributions
14 564
17 955
-
-
withholding
14 308
17 612
-
-
total
28 872
35 567
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 665
50 046
48 123
35 180
After tax
64 835
64 454
66 377
79 320
Living cost
18 404
18 404
18 404
18 404
Free-cash
46 431
46 050
47 973
60 916

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67059
₽60748
₽36832
₽41456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 344
pensions
-
-
-
22 898
health
-
-
-
14 885
total
-
-
-
53 127
Employee
28 823
-
85 576
-
income
3 245
-
16 499
-
pensions
577
-
1 712
-
unemployment
461
-
1 369
-
total
4 283
-
19 580
-
Employer
28 823
-
85 576
-
unemployment
231
-
684
-
pensions
5 765
-
17 114
-
health
3 746
-
11 125
-
total
9 742
-
28 923
-
Corporate
75 934
114 500
-
-
income
15 186
22 900
-
-
total
15 186
22 900
-
-
Dividends
60 748
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
29 211
22 900
48 503
53 127
After tax
85 289
91 600
65 997
61 373
Living cost
24 541
24 541
24 541
24 541
Free-cash
60 748
67 059
41 456
36 832

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12919
₽5871
₽56307
₽37781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
28 974
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
36 000
Employee
34 910
-
99 295
-
health
3 997
-
11 369
-
income
4 789
-
20 256
-
pensions
3 931
-
7 696
-
total
12 717
-
39 321
-
Employer
34 910
-
99 295
-
accident
583
-
1 658
-
unemployment
855
-
2 433
-
pensions
5 677
-
11 114
-
total
7 115
-
15 205
-
Corporate
72 475
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.

65 227
103 050
-
-
total
65 227
103 050
-
-
Dividends
7 248
11 450
-
-
withholding
1 377
2 176
-
-
total
1 377
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
86 436
105 226
54 526
36 000
After tax
28 064
9 274
59 974
78 500
Living cost
22 193
22 193
22 193
22 193
Free-cash
5 871
-12 919
37 781
56 307

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99514
₽97778
₽104094
₽82339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 576
-
114 500
-
income
2 315
-
22 900
-
total
2 315
-
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%.

102 924
114 500
-
-
total
-
-
-
-
Dividends
102 924
114 500
-
-
withholding
5 146
5 725
-
-
total
5 146
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
7 461
5 725
22 900
1 145
After tax
107 039
108 775
91 600
113 355
Living cost
9 261
9 261
9 261
9 261
Free-cash
97 778
99 514
82 339
104 094

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57049
₽50190
₽34633
₽39373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
14 837
pensions

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

-
-
-
27 480
other
-
-
-
5 439
health
-
-
-
5 038
total
-
-
-
52 794
Employee
36 891
-
91 453
-
health
517
-
1 280
-
income
6 351
-
16 414
-
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.

2 582
-
6 401
-
unemployment
368
-
914
-
total
9 818
-
25 009
-
Employer
36 891
-
91 453
-
accident
295
-
731
-
other
1 845
-
4 574
-
unemployment
368
-
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.

6 272
-
15 546
-
health
517
-
1 280
-
total
9 297
-
23 045
-
Corporate
68 311
114 500
-
-
income
14 345
24 046
-
-
total
14 345
24 046
-
-
Dividends
53 966
90 454
-
-
withholding
3 777
6 332
-
-
total
3 777
6 332
-
-
Income
114 500
114 500
114 500
114 500
Total tax
37 237
30 378
48 054
52 794
After tax
77 263
84 122
66 446
61 706
Living cost
27 073
27 073
27 073
27 073
Free-cash
50 190
57 049
39 373
34 633

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13624
₽3331
₽12453
₽1981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
25 748
pensions
-
-
-
7 890
total
-
-
-
33 638
Employee
96 788
-
100 630
-
health
1 595
-
1 674
-
income
17 447
-
18 767
-
pensions
9 337
-
9 799
-
total
28 379
-
30 240
-
Employer
96 788
-
100 630
-
pensions
11 428
-
11 957
-
health
1 838
-
1 913
-
total
13 266
-
13 870
-
Corporate
4 446
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.

845
21 754
-
-
total
845
21 754
-
-
Dividends
3 601
92 746
-
-
withholding
270
10 713
-
-
total
270
10 713
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 760
32 467
44 110
33 638
After tax
71 740
82 033
70 390
80 862
Living cost
68 409
68 409
68 409
68 409
Free-cash
3 331
13 624
1 981
12 453

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽84576
₽79857
₽74526
₽78323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
26 652
Employee
17 641
-
107 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
10 753
-
pensions

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

1 549
-
3 116
-
total
4 318
-
15 892
-
Employer
17 641
-
107 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
93 398
114 500
-
-
income
9 339
11 450
-
-
total
9 339
11 450
-
-
Dividends
84 059
103 050
-
-
withholding
4 203
5 152
-
-
total
4 203
5 152
-
-
Income
114 500
114 500
114 500
114 500
Total tax
21 321
16 602
22 855
26 652
After tax
93 179
97 898
91 645
87 848
Living cost
13 322
13 322
13 322
13 322
Free-cash
79 857
84 576
78 323
74 526

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽614
₽1940
₽8958
₽3056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 768
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
49 201
Employee
94 199
86 765
97 440
-
health
11 752
11 328
11 937
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
38 043
-
Employer
94 199
86 765
97 440
-
unemployment
3 392
3 124
3 507
-
pensions
6 556
6 039
6 781
-
health
6 546
6 031
6 772
-
total
16 494
15 194
17 060
-
Corporate
3 807
12 541
-
-
income
762
2 508
-
-
total
762
2 508
-
-
Dividends
3 046
10 032
-
-
income
648
2 133
-
-
withholding
457
1 504
-
-
total
1 105
3 637
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 219
58 773
55 103
49 201
After tax
58 281
55 727
59 397
65 299
Living cost
56 341
56 341
56 341
56 341
Free-cash
1 940
-614
3 056
8 958

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54559
₽45899
₽31493
₽33831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 841
health
-
-
-
15 458
solidarity contribution
-
-
-
-
social contributions
-
-
-
33 434
total
-
-
-
58 733
Employee
35 697
-
85 448
-
social contributions
2 320
-
5 554
-
health
4 819
-
11 535
-
solidarity contribution
-
-
-
-
income
4 284
-
10 254
-
total
11 423
-
27 343
-
Employer
35 697
-
85 448
-
social contributions
8 924
-
21 362
-
health
3 213
-
7 690
-
total
12 137
-
29 052
-
Corporate
66 666
114 500
-
-
income
12 667
21 755
-
-
total
12 667
21 755
-
-
Dividends
54 000
92 745
-
-
withholding
8 100
13 912
-
-
total
8 100
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 327
35 667
56 395
58 733
After tax
70 173
78 833
58 105
55 767
Living cost
24 274
24 274
24 274
24 274
Free-cash
45 899
54 559
33 831
31 493

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18217
₽12911
₽14986
₽9540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
681
regional
-
-
-
1 286
national
-
-
-
25 224
social contributions
-
-
-
29 450
total
-
-
-
56 641
Employee
90 299
-
114 500
-
social contributions
30 449
-
38 609
-
regional
852
-
1 128
-
municipal
478
-
607
-
national
15 647
-
21 743
-
total
47 426
-
62 087
-
Employer
90 299
-
114 500
-
total
-
-
-
-
Corporate
24 201
114 500
-
-
nationa
5 808
27 480
-
-
municipal
945
4 466
-
-
total
6 753
31 946
-
-
Dividends
17 449
82 555
-
-
withholding
4 537
21 464
-
-
total
4 537
21 464
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 716
53 410
62 087
56 641
After tax
55 784
61 090
52 413
57 859
Living cost
42 873
42 873
42 873
42 873
Free-cash
12 911
18 217
9 540
14 986

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49600
₽46440
₽34613
₽32736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 190
pensions
-
-
-
22 900
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 129
surtax
-
-
-
3 016
total
-
-
-
57 466
Employee
33 600
-
94 588
-
other
-
-
-
-
health
858
-
2 412
-
surtax
110
-
2 719
-
income
5 632
-
21 410
-
pensions
2 240
-
6 309
-
unemployment
2 339
-
6 583
-
total
11 179
-
39 433
-
Employer
33 600
-
94 588
-
other
-
-
-
-
unemployment
1 064
-
2 998
-
pensions
4 479
-
12 608
-
health
1 529
-
4 304
-
total
7 072
-
19 910
-
Corporate
73 828
114 500
-
-
income
19 194
29 770
-
-
total
19 194
29 770
-
-
Dividends
54 633
84 730
-
-
withholding
8 195
12 710
-
-
total
8 195
12 710
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 640
42 480
59 343
57 466
After tax
68 860
72 020
55 157
57 034
Living cost
22 420
22 420
22 420
22 420
Free-cash
46 440
49 600
32 736
34 613

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35298
₽31005
₽34127
₽23655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
25 748
pensions
-
-
-
7 890
total
-
-
-
33 638
Employee
64 865
-
100 630
-
health
942
-
1 674
-
income
11 682
-
18 767
-
pensions
5 506
-
9 799
-
total
18 130
-
30 240
-
Employer
64 865
-
100 630
-
pensions
7 022
-
11 957
-
health
1 232
-
1 913
-
total
8 254
-
13 870
-
Corporate
41 381
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.

7 862
21 754
-
-
total
7 862
21 754
-
-
Dividends
33 519
92 746
-
-
withholding
2 514
10 713
-
-
total
2 514
10 713
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 760
32 467
44 110
33 638
After tax
77 740
82 033
70 390
80 862
Living cost
46 735
46 735
46 735
46 735
Free-cash
31 005
35 298
23 655
34 127

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25256
₽7954
₽17384
₽11700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
city
-
-
-
1 206
pensions
-
-
-
10 533
other

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

-
-
-
2 290
regional
-
-
-
4 282
health
-
-
-
257
national
-
-
-
933
total
-
-
-
19 501
Employee
90 829
-
102 484
-
city
975
-
1 100
-
regional
2 974
-
3 660
-
health
205
-
231
-
pensions
7 631
-
8 608
-
unemployment
-
-
-
-
national
430
-
698
-
total
12 215
-
14 297
-
Employer
90 829
-
102 484
-
other

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

1 816
-
2 049
-
unemployment
-
-
-
-
pensions
7 631
-
8 608
-
health
205
-
231
-
total
9 652
-
10 888
-
Corporate
13 020
114 500
-
-
regional
2 753
24 216
-
-
national
1 106
9 732
-
-
total
3 859
33 948
-
-
Dividends
9 161
80 552
-
-
withholding
3 205
28 193
-
-
total
3 205
28 193
-
-
Income
114 500
114 500
114 500
114 500
Total tax
28 931
62 141
25 185
19 501
After tax
85 569
52 359
89 315
94 999
Living cost
77 615
77 615
77 615
77 615
Free-cash
7 954
-25 256
11 700
17 384

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10132
₽26609
₽21644
₽33180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
trade
-
-
-
11 536
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.

-
-
-
26 382
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.

-
-
-
6 941
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.

-
-
-
1 452
total
-
-
-
46 311
Employee

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

61 062
-
114 500
-
health

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

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

6 941
-
6 941
-
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.

395
-
1 452
-
income

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

7 180
-
26 382
-
total
14 516
-
34 775
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 438
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.

442
945
-
-
income
8 015
17 176
-
-
trade
9 164
19 636
-
-
chamber of commerce
229
316
-
-
total
17 850
38 073
-
-
Dividends
35 587
76 427
-
-
surtax

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

469
1 030
-
-
withholding
8 511
18 720
-
-
total
8 980
19 750
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 346
57 823
34 775
46 311
After tax
73 154
56 677
79 725
68 189
Living cost
46 545
46 545
46 545
46 545
Free-cash
26 609
10 132
33 180
21 644

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22943
₽28947
₽30805
₽35292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
12 729
pensions
-
-
-
26 562
other
-
-
-
3 550
health
-
-
-
2 830
surtax
-
-
-
-
social contributions
-
-
-
3 262
total
-
-
-
48 933
Employee
43 485
-
92 147
-
social contributions
1 240
-
2 626
-
surtax
-
-
-
-
income
2 566
-
14 605
-
pensions
4 917
-
4 863
-
total
8 723
-
22 094
-
Employer
43 485
-
92 147
-
other
1 500
-
3 179
-
social contributions
131
-
276
-
unemployment
1 760
-
3 733
-
pensions
7 144
-
8 465
-
health
3 045
-
6 699
-
total
13 580
-
22 352
-
Corporate
57 435
114 500
-
-
surtax
-
-
-
-
income
16 082
32 061
-
-
total
16 082
32 061
-
-
Dividends
41 353
82 439
-
-
surtax
-
-
-
-
social contributions
7 113
14 181
-
-
withholding
5 293
10 553
-
-
total
12 406
24 734
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 791
56 795
44 446
48 933
After tax
63 709
57 705
70 054
65 567
Living cost
34 762
34 762
34 762
34 762
Free-cash
28 947
22 943
35 292
30 805

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26387
₽32034
₽34249
₽38736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
12 729
pensions
-
-
-
26 562
other
-
-
-
3 550
health
-
-
-
2 830
surtax
-
-
-
-
social contributions
-
-
-
3 262
total
-
-
-
48 933
Employee
38 816
-
92 147
-
social contributions
1 107
-
2 626
-
surtax
-
-
-
-
income
2 001
-
14 605
-
pensions
4 390
-
4 863
-
total
7 498
-
22 094
-
Employer
38 816
-
92 147
-
other
1 340
-
3 179
-
social contributions
116
-
276
-
unemployment
1 571
-
3 733
-
pensions
6 378
-
8 465
-
health
2 717
-
6 699
-
total
12 122
-
22 352
-
Corporate
63 562
114 500
-
-
surtax
-
-
-
-
income
17 797
32 061
-
-
total
17 797
32 061
-
-
Dividends
45 765
82 439
-
-
surtax
-
-
-
-
social contributions
7 873
14 181
-
-
withholding
5 858
10 553
-
-
total
13 731
24 734
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 148
56 795
44 446
48 933
After tax
63 352
57 705
70 054
65 567
Living cost
31 318
31 318
31 318
31 318
Free-cash
32 034
26 387
38 736
34 249

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48311
₽48837
₽51986
₽51520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 992
social contributions
-
-
-
15 801
total
-
-
-
40 969
Employee
34 450
-
114 500
-
social contributions
4 755
-
15 801
-
health
2 404
-
7 992
-
income
5 746
-
17 642
-
total
12 905
-
41 435
-
Employer
34 450
-
114 500
-
total
-
-
-
-
Corporate
80 050
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%.

4 003
5 725
-
-
total
4 003
5 725
-
-
Dividends
76 048
108 775
-
-
health
5 308
7 593
-
-
social contributions
10 495
15 010
-
-
withholding
11 407
16 316
-
-
total
27 210
38 919
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 118
44 644
41 435
40 969
After tax
70 382
69 856
73 065
73 531
Living cost
21 545
21 545
21 545
21 545
Free-cash
48 837
48 311
51 520
51 986

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28165
₽26597
₽21116
-₽2724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
chamber of commerce
-
-
-
459
income
-
-
-
20 750
pensions
-
-
-
21 182
unemployment
-
-
-
6 232
health
-
-
-
8 759
surtax
-
-
-
201
total
-
-
-
57 583
Employee
50 777
40 491
88 758
-
other
507
405
887
-
health
1 965
1 568
3 434
-
income
5 781
2 987
18 381
-
pensions
5 200
4 145
9 089
-
unemployment
1 523
1 215
2 663
-
total
14 976
10 320
34 454
-
Employer
50 777
40 491
88 758
-
accident
659
526
1 153
-
other
2 412
1 922
4 215
-
chamber of commerce
202
162
355
-
unemployment
1 523
1 215
2 663
-
surtax
201
201
201
-
pensions
6 372
5 083
11 139
-
payroll
1 523
1 215
2 663
-
health
1 918
1 531
3 355
-
total
14 810
11 855
25 744
-
Corporate
48 911
62 155
84 901
-
income

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

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

12 228
15 539
21 225
-
total
12 228
15 539
21 225
-
Dividends
36 683
46 617
-
-
withholding
10 088
12 820
-
-
total
10 088
12 820
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 102
50 534
81 423
57 583
After tax
62 398
63 966
33 077
56 917
Living cost
35 801
35 801
35 801
35 801
Free-cash
26 597
28 165
-2 724
21 116

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27123
₽11883
₽15210
₽6815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
national
-
-
-
38 038
communal

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

-
-
-
5 763
social contributions
-
-
-
18 443
total
-
-
-
62 244
Employee

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

72 678
-
88 682
-
communal

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

3 791
-
4 626
-
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.

3 415
-
4 169
-
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.

5 451
-
6 652
-
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.

632
-
771
-
national
22 344
-
28 603
-
total
35 633
-
44 821
-
Employer

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

72 678
-
88 682
-
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.

945
-
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.

1 060
-
1 296
-
surtax
8 241
-
10 057
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6 440
-
7 857
-
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.

4 469
-
5 455
-
total
21 155
-
25 818
-
Corporate
20 667
114 500
-
-
surtax
83
459
-
-
income
4 134
22 900
-
-
total
4 217
23 359
-
-
Dividends
16 450
91 141
-
-
withholding

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

4 566
26 972
-
-
total
4 566
26 972
-
-
Income
114 500
114 500
114 500
114 500
Total tax
65 571
50 331
70 639
62 244
After tax
48 929
64 169
43 861
52 256
Living cost
37 046
37 046
37 046
37 046
Free-cash
11 883
27 123
6 815
15 210

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽40405
₽32331
₽25932
₽22818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
23 624
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
51 875
Employee
50 576
-
86 820
-
other
50
-
87
-
income
10 671
-
21 796
-
pensions
2 377
-
4 080
-
unemployment
785
-
1 346
-
total
13 883
-
27 309
-
Employer
50 576
-
86 820
-
accident
1 001
-
1 720
-
other
403
-
694
-
unemployment
2 782
-
4 776
-
pensions
11 935
-
20 490
-
total
16 121
-
27 680
-
Corporate
47 803
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.

7 171
17 176
-
-
total
7 171
17 176
-
-
Dividends
40 632
97 324
-
-
withholding
8 301
20 226
-
-
total
8 301
20 226
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 476
37 402
54 989
51 875
After tax
69 024
77 098
59 511
62 625
Living cost
36 693
36 693
36 693
36 693
Free-cash
32 331
40 405
22 818
25 932

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14385
₽6839
₽8467
₽13176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
accident
-
-
-
966
income
-
-
-
11 733
pensions
-
-
-
17 162
health
-
-
-
8 044
surtax
-
-
-
5 676
communal
-
-
-
7 236
total
-
-
-
50 817
Employee
76 944
-
102 278
-
health
3 424
-
4 552
-
surtax
4 716
-
6 268
-
income
7 432
-
14 882
-
pensions
6 155
-
8 183
-
total
21 727
-
33 885
-
Employer
76 944
-
102 278
-
accident
692
-
920
-
pensions
6 155
-
8 183
-
health
2 347
-
3 120
-
total
9 194
-
12 223
-
Corporate
28 363
114 500
-
-
surtax
297
1 203
-
-
communal
-
7 728
-
-
income
4 255
17 176
-
-
total
4 552
26 107
-
-
Dividends
23 811
88 393
-
-
income
13 401
5 532
-
-
withholding
3 571
13 260
-
-
total
16 972
18 792
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 445
44 899
46 108
50 817
After tax
62 055
69 601
68 392
63 683
Living cost
55 216
55 216
55 216
55 216
Free-cash
6 839
14 385
13 176
8 467

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49199
₽45967
₽34213
₽32336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 190
pensions
-
-
-
22 900
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 129
surtax
-
-
-
3 016
total
-
-
-
57 466
Employee
34 217
-
94 588
-
other
-
-
-
-
health
873
-
2 412
-
surtax
121
-
2 719
-
income
5 736
-
21 410
-
pensions
2 283
-
6 309
-
unemployment
2 381
-
6 583
-
total
11 394
-
39 433
-
Employer
34 217
-
94 588
-
other
-
-
-
-
unemployment
1 086
-
2 998
-
pensions
4 562
-
12 608
-
health
1 556
-
4 304
-
total
7 204
-
19 910
-
Corporate
73 080
114 500
-
-
income
19 002
29 770
-
-
total
19 002
29 770
-
-
Dividends
54 078
84 730
-
-
withholding
8 112
12 710
-
-
total
8 112
12 710
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 712
42 480
59 343
57 466
After tax
68 788
72 020
55 157
57 034
Living cost
22 821
22 821
22 821
22 821
Free-cash
45 967
49 199
32 336
34 213

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32814
₽30558
₽30049
₽24630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
681
regional
-
-
-
1 726
national
-
-
-
25 224
social contributions
-
-
-
29 450
total
-
-
-
57 081
Employee
56 361
-
114 500
-
social contributions
19 005
-
38 609
-
regional
759
-
1 541
-
municipal
299
-
607
-
national
8 929
-
21 743
-
total
28 992
-
62 500
-
Employer
56 361
-
114 500
-
total
-
-
-
-
Corporate
58 139
114 500
-
-
nationa
13 954
27 480
-
-
municipal
2 890
5 690
-
-
total
16 844
33 170
-
-
Dividends
41 295
81 331
-
-
withholding
10 736
21 146
-
-
total
10 736
21 146
-
-
Income
114 500
114 500
114 500
114 500
Total tax
56 572
54 316
62 500
57 081
After tax
57 928
60 184
52 000
57 419
Living cost
27 370
27 370
27 370
27 370
Free-cash
30 558
32 814
24 630
30 049

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48921
₽38251
₽25855
₽28193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 841
health
-
-
-
15 458
solidarity contribution
-
-
-
-
social contributions
-
-
-
33 434
total
-
-
-
58 733
Employee
43 988
-
85 448
-
social contributions
2 859
-
5 554
-
health
5 938
-
11 535
-
solidarity contribution
-
-
-
-
income
5 278
-
10 254
-
total
14 075
-
27 343
-
Employer
43 988
-
85 448
-
social contributions
10 997
-
21 362
-
health
3 959
-
7 690
-
total
14 956
-
29 052
-
Corporate
55 557
114 500
-
-
income
10 556
21 755
-
-
total
10 556
21 755
-
-
Dividends
45 001
92 745
-
-
withholding
6 750
13 912
-
-
total
6 750
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
46 337
35 667
56 395
58 733
After tax
68 163
78 833
58 105
55 767
Living cost
29 912
29 912
29 912
29 912
Free-cash
38 251
48 921
28 193
25 855

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31661
₽31162
₽24703
₽696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
chamber of commerce
-
-
-
459
income
-
-
-
20 750
pensions
-
-
-
21 182
unemployment
-
-
-
6 232
health
-
-
-
8 759
surtax
-
-
-
-
total
-
-
-
57 382
Employee
44 414
40 491
88 916
-
other
443
405
889
-
health
1 718
1 568
3 442
-
income
3 957
2 987
18 435
-
pensions
4 548
4 145
9 105
-
unemployment
1 332
1 215
2 667
-
total
11 998
10 320
34 538
-
Employer
44 414
40 491
88 916
-
accident
577
526
1 155
-
other
2 109
1 922
4 223
-
chamber of commerce
177
162
355
-
unemployment
1 332
1 215
2 667
-
surtax
-
-
-
-
pensions
5 574
5 083
11 158
-
payroll
1 332
1 215
2 667
-
health
1 679
1 531
3 361
-
total
12 780
11 654
25 586
-
Corporate
57 305
62 356
85 060
-
income

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

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

14 326
15 589
21 265
-
total
14 326
15 589
21 265
-
Dividends
42 979
46 767
-
-
withholding
11 819
12 861
-
-
total
11 819
12 861
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 923
50 424
81 389
57 382
After tax
63 577
64 076
33 111
57 118
Living cost
32 415
32 415
32 415
32 415
Free-cash
31 162
31 661
696
24 703

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94343
₽91637
₽98923
₽77168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 040
-
114 500
-
income
3 608
-
22 900
-
total
3 608
-
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%.

96 460
114 500
-
-
total
-
-
-
-
Dividends
96 460
114 500
-
-
withholding
4 823
5 725
-
-
total
4 823
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
8 431
5 725
22 900
1 145
After tax
106 069
108 775
91 600
113 355
Living cost
14 432
14 432
14 432
14 432
Free-cash
91 637
94 343
77 168
98 923

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51582
₽43083
₽31424
₽28142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 476
pensions
-
-
-
20 910
unemployment
-
-
-
172
health
-
-
-
11 266
total
-
-
-
55 824
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 929
-
99 073
-
health
2 902
-
6 399
-
income
7 748
-
21 787
-
pensions
6 964
-
15 356
-
unemployment
64
-
139
-
total
17 678
-
43 681
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 929
-
99 073
-
unemployment
27
-
60
-
pensions
3 976
-
8 767
-
health
2 992
-
6 598
-
total
6 995
-
15 425
-
Corporate
62 575
114 500
-
-
income
11 889
21 755
-
-
total
11 889
21 755
-
-
Dividends
50 687
92 745
-
-
withholding
7 603
13 911
-
-
total
7 603
13 911
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 165
35 666
59 106
55 824
After tax
70 335
78 834
55 394
58 676
Living cost
27 252
27 252
27 252
27 252
Free-cash
43 083
51 582
28 142
31 424

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25762
-₽37202
₽35229
₽57215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
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
107 802
44 838
13 385
35 371
After tax
6 698
69 662
101 115
79 129
Living cost
43 900
43 900
43 900
43 900
Free-cash
-37 202
25 762
57 215
35 229

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
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.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33256
₽32235
₽31548
₽24906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 293
surtax
-
-
-
-
social contributions

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

-
-
-
39 789
total
-
-
-
51 082
Employee
46 730
-
92 525
-
social contributions
5 140
-
10 179
-
surtax
-
-
-
-
income
9 720
-
25 570
-
total
14 860
-
35 749
-
Employer
46 730
-
92 525
-
social contributions
11 098
-
21 975
-
total
11 098
-
21 975
-
Corporate
56 672
114 500
-
-
surtax
-
-
-
-
income
11 900
24 046
-
-
total
11 900
24 046
-
-
Dividends
44 772
90 454
-
-
withholding
12 537
25 328
-
-
total
12 537
25 328
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 395
49 374
57 724
51 082
After tax
64 105
65 126
56 776
63 418
Living cost
31 870
31 870
31 870
31 870
Free-cash
32 235
33 256
24 906
31 548

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8632
₽15618
₽16494
₽20981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
12 729
pensions
-
-
-
26 562
other
-
-
-
3 550
health
-
-
-
2 830
surtax
-
-
-
-
social contributions
-
-
-
3 262
total
-
-
-
48 933
Employee
63 636
-
92 147
-
social contributions
1 812
-
2 626
-
surtax
-
-
-
-
income
5 552
-
14 605
-
pensions
7 198
-
4 863
-
total
14 562
-
22 094
-
Employer
63 636
-
92 147
-
other
2 196
-
3 179
-
social contributions
191
-
276
-
unemployment
2 578
-
3 733
-
pensions
10 456
-
8 465
-
health
4 454
-
6 699
-
total
19 875
-
22 352
-
Corporate
30 989
114 500
-
-
surtax
-
-
-
-
income
8 677
32 061
-
-
total
8 677
32 061
-
-
Dividends
22 312
82 439
-
-
surtax
-
-
-
-
social contributions
3 839
14 181
-
-
withholding
2 856
10 553
-
-
total
6 695
24 734
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 809
56 795
44 446
48 933
After tax
64 691
57 705
70 054
65 567
Living cost
49 073
49 073
49 073
49 073
Free-cash
15 618
8 632
20 981
16 494

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72509
₽69094
₽56008
₽59051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
2 761
social contributions
-
-
-
25 189
total
-
-
-
27 950
Employee
32 665
-
99 135
-
income
-
-
3 098
-
social contributions
2 123
-
6 444
-
total
2 123
-
9 542
-
Employer
32 665
-
99 135
-
social contributions
5 063
-
15 365
-
total
5 063
-
15 365
-
Corporate
76 772
114 500
-
-
income
7 678
11 449
-
-
total
7 678
11 449
-
-
Dividends
69 094
103 051
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
14 864
11 449
24 907
27 950
After tax
99 636
103 051
89 593
86 550
Living cost
30 542
30 542
30 542
30 542
Free-cash
69 094
72 509
59 051
56 008

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽106848
-₽106848
₽21325
-₽106848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
21 937
pensions
-
-
-
881
national
-
-
-
12 340
labour market
-
-
-
9 090
total
-
-
-
44 248
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
172 421
172 421
172 421
44 248
After tax
-57 921
-57 921
-57 921
70 252
Living cost
48 927
48 927
48 927
48 927
Free-cash
-106 848
-106 848
-106 848
21 325

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12591
₽5920
₽56635
₽38109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
28 974
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
36 000
Employee
34 396
-
99 295
-
health
3 939
-
11 369
-
income
4 719
-
20 256
-
pensions
3 873
-
7 696
-
total
12 531
-
39 321
-
Employer
34 396
-
99 295
-
accident
574
-
1 658
-
unemployment
843
-
2 433
-
pensions
5 593
-
11 114
-
total
7 010
-
15 205
-
Corporate
73 094
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.

65 785
103 050
-
-
total
65 785
103 050
-
-
Dividends
7 309
11 450
-
-
withholding
1 389
2 176
-
-
total
1 389
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
86 715
105 226
54 526
36 000
After tax
27 785
9 274
59 974
78 500
Living cost
21 865
21 865
21 865
21 865
Free-cash
5 920
-12 591
38 109
56 635

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36139
₽35263
₽40853
₽25155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
municipal
-
-
-
20 369
health
-
-
-
1 340
national
-
-
-
12 930
total
-
-
-
34 639
Employee
53 456
-
96 322
-
health
399
-
1 059
-
municipal
8 756
-
15 718
-
pensions
3 608
-
6 502
-
unemployment
802
-
1 444
-
national
883
-
7 438
-
total
14 448
-
32 161
-
Employer
53 456
-
96 322
-
accident
54
-
96
-
unemployment
347
-
627
-
pensions
9 274
-
16 711
-
health
411
-
742
-
total
10 086
-
18 176
-
Corporate
50 958
114 500
-
-
income
10 192
22 900
-
-
total
10 192
22 900
-
-
Dividends

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

30 575
68 700
-
-
national
-
4 088
-
-
municipal
5 503
12 365
-
-
total
5 503
16 453
-
-
Income
114 500
114 500
114 500
114 500
Total tax
40 229
39 353
50 337
34 639
After tax
74 271
75 147
64 163
79 861
Living cost
39 008
39 008
39 008
39 008
Free-cash
35 263
36 139
25 155
40 853

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60217
₽54686
₽56939
₽55827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
14 679
health
-
-
-
2 919
social contributions
-
-
-
16 439
total
-
-
-
34 037
Employee
78 128
78 128
103 949
-
social contributions
2 954
6 484
8 628
-
health
605
1 328
1 768
-
income
8 507
7 232
14 203
-
total
12 066
15 044
24 599
-
Employer
78 128
78 128
103 949
-
social contributions
2 954
6 484
8 628
-
health
657
1 446
1 922
-
total
3 611
7 930
10 550
-
Corporate
75 298
28 441
-
-
income
9 413
3 555
-
-
total
9 413
3 555
-
-
Dividends
65 885
24 886
-
-
withholding
11 200
4 230
-
-
total
11 200
4 230
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 290
30 759
35 149
34 037
After tax
78 210
83 741
79 351
80 463
Living cost
23 524
23 524
23 524
23 524
Free-cash
54 686
60 217
55 827
56 939

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78684
₽73515
₽77081
₽56703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 118
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
21 287
Employee

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

23 322
-
104 570
-
health
1 982
-
8 195
-
income
1 595
-
8 598
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
31 736
-
Employer

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

23 322
-
104 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
88 778
114 500
-
-
income
7 990
10 306
-
-
total
7 990
10 306
-
-
Dividends
80 788
104 194
-
-
withholding
7 271
9 378
-
-
total
7 271
9 378
-
-
Income
114 500
114 500
114 500
114 500
Total tax
24 853
19 684
41 665
21 287
After tax
89 647
94 816
72 835
93 213
Living cost
16 132
16 132
16 132
16 132
Free-cash
73 515
78 684
56 703
77 081

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49158
₽43849
₽34685
₽31571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
23 624
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
51 875
Employee
37 569
-
86 820
-
other
37
-
87
-
income
7 243
-
21 796
-
pensions
1 766
-
4 080
-
unemployment
582
-
1 346
-
total
9 628
-
27 309
-
Employer
37 569
-
86 820
-
accident
744
-
1 720
-
other
301
-
694
-
unemployment
2 067
-
4 776
-
pensions
8 866
-
20 490
-
total
11 978
-
27 680
-
Corporate
64 954
114 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

9 743
17 176
-
-
total
9 743
17 176
-
-
Dividends
55 211
97 324
-
-
withholding
11 362
20 226
-
-
total
11 362
20 226
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 711
37 402
54 989
51 875
After tax
71 789
77 098
59 511
62 625
Living cost
27 940
27 940
27 940
27 940
Free-cash
43 849
49 158
31 571
34 685

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68667
₽68211
₽70010
₽69813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 209
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
41 709
Employee
4 236
-
112 218
-
health
212
-
507
-
income
820
-
38 102
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
39 623
-
Employer
4 236
-
112 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
109 310
114 500
-
-
income
24 048
25 190
-
-
total
24 048
25 190
-
-
Dividends
85 262
89 310
-
-
withholding
17 052
17 862
-
-
total
17 052
17 862
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 508
43 052
41 906
41 709
After tax
70 992
71 448
72 594
72 791
Living cost
2 781
2 781
2 781
2 781
Free-cash
68 211
68 667
69 813
70 010

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65167
₽60169
₽44583
₽44584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 994
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
52 358
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

26 477
-
101 069
-
health
1 364
-
3 864
-
income
3 650
-
23 994
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
38 926
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

26 477
-
101 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
83 284
114 500
-
-
income
12 493
17 175
-
-
total
12 493
17 175
-
-
Dividends
70 791
97 325
-
-
withholding
10 619
14 599
-
-
total
10 619
14 599
-
-
Income
114 500
114 500
114 500
114 500
Total tax
36 772
31 774
52 357
52 358
After tax
77 728
82 726
62 143
62 142
Living cost
17 559
17 559
17 559
17 559
Free-cash
60 169
65 167
44 584
44 583

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37734
₽37370
₽36026
₽29384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 293
surtax
-
-
-
-
social contributions

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

-
-
-
39 789
total
-
-
-
51 082
Employee
39 435
-
92 525
-
social contributions
4 338
-
10 179
-
surtax
-
-
-
-
income
7 705
-
25 570
-
total
12 043
-
35 749
-
Employer
39 435
-
92 525
-
social contributions
9 365
-
21 975
-
total
9 365
-
21 975
-
Corporate
65 700
114 500
-
-
surtax
-
-
-
-
income
13 798
24 046
-
-
total
13 798
24 046
-
-
Dividends
51 903
90 454
-
-
withholding
14 532
25 328
-
-
total
14 532
25 328
-
-
Income
114 500
114 500
114 500
114 500
Total tax
49 738
49 374
57 724
51 082
After tax
64 762
65 126
56 776
63 418
Living cost
27 392
27 392
27 392
27 392
Free-cash
37 370
37 734
29 384
36 026

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41390
₽33662
₽26917
₽23803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
23 624
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
51 875
Employee
49 070
-
86 820
-
other
48
-
87
-
income
10 249
-
21 796
-
pensions
2 306
-
4 080
-
unemployment
760
-
1 346
-
total
13 363
-
27 309
-
Employer
49 070
-
86 820
-
accident
972
-
1 720
-
other
393
-
694
-
unemployment
2 699
-
4 776
-
pensions
11 580
-
20 490
-
total
15 644
-
27 680
-
Corporate
49 785
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.

7 468
17 176
-
-
total
7 468
17 176
-
-
Dividends
42 318
97 324
-
-
withholding
8 655
20 226
-
-
total
8 655
20 226
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 130
37 402
54 989
51 875
After tax
69 370
77 098
59 511
62 625
Living cost
35 708
35 708
35 708
35 708
Free-cash
33 662
41 390
23 803
26 917

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80419
₽74226
₽70369
₽74166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
26 652
Employee
23 145
-
107 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
10 753
-
pensions

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

2 032
-
3 116
-
total
5 666
-
15 892
-
Employer
23 145
-
107 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
86 814
114 500
-
-
income
8 682
11 450
-
-
total
8 682
11 450
-
-
Dividends
78 132
103 050
-
-
withholding
3 906
5 152
-
-
total
3 906
5 152
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 795
16 602
22 855
26 652
After tax
91 705
97 898
91 645
87 848
Living cost
17 479
17 479
17 479
17 479
Free-cash
74 226
80 419
74 166
70 369

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19806
₽33097
₽30847
₽40499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
114 500
trade
-
-
-
9 652
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.

-
-
-
26 382
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.

-
-
-
6 941
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.

-
-
-
1 452
total
-
-
-
44 427
Employee

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

50 554
-
114 500
-
health

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

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

6 941
-
6 941
-
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.

229
-
1 452
-
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.

4 157
-
26 382
-
total
11 327
-
34 775
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 946
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.

528
945
-
-
income
9 592
17 176
-
-
trade
9 176
16 431
-
-
chamber of commerce
249
322
-
-
total
19 545
34 874
-
-
Dividends
44 400
79 626
-
-
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.

590
1 074
-
-
withholding
10 715
19 520
-
-
total
11 305
20 594
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 177
55 468
34 775
44 427
After tax
72 323
59 032
79 725
70 073
Living cost
39 226
39 226
39 226
39 226
Free-cash
33 097
19 806
40 499
30 847

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22273
₽24514
₽17161
₽17161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
29 007
social contributions
-
-
-
10 454
total
-
-
-
39 461
Employee
79 477
-
114 500
-
income
14 997
-
29 007
-
social contributions
6 603
-
10 454
-
total
21 600
-
39 461
-
Employer
79 477
-
114 500
-
total
-
-
-
-
Corporate
35 023
114 500
-
-
income
4 379
14 312
-
-
total
4 379
14 312
-
-
Dividends
30 644
100 188
-
-
withholding
6 129
20 037
-
-
total
6 129
20 037
-
-
Income
114 500
114 500
114 500
114 500
Total tax
32 108
34 349
39 461
39 461
After tax
82 392
80 151
75 039
75 039
Living cost
57 878
57 878
57 878
57 878
Free-cash
24 514
22 273
17 161
17 161

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32176
₽35726
₽41884
₽47410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
114 500
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
109 826
-
income
5 057
-
20 860
-
social contributions
4 670
-
4 674
-
total
9 727
-
25 534
-
Employer
46 610
-
109 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
63 220
114 500
-
-
income
22 127
40 074
-
-
total
22 127
40 074
-
-
Dividends
41 093
74 426
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 892
45 442
30 208
35 734
After tax
72 608
69 058
84 292
78 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
35 726
32 176
47 410
41 884

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
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.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44039
₽42022
₽42868
₽32396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
income
-
-
-
25 748
pensions
-
-
-
7 890
total
-
-
-
33 638
Employee
52 152
-
100 630
-
health
680
-
1 674
-
income
9 497
-
18 767
-
pensions
3 981
-
9 799
-
total
14 158
-
30 240
-
Employer
52 152
-
100 630
-
pensions
5 269
-
11 957
-
health
991
-
1 913
-
total
6 260
-
13 870
-
Corporate
56 087
114 500
-
-
income

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

10 658
21 754
-
-
total
10 658
21 754
-
-
Dividends
45 430
92 746
-
-
withholding
3 408
10 713
-
-
total
3 408
10 713
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 484
32 467
44 110
33 638
After tax
80 016
82 033
70 390
80 862
Living cost
37 994
37 994
37 994
37 994
Free-cash
42 022
44 039
32 396
42 868

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14756
₽5590
₽54470
₽35944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
28 974
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
36 000
Employee
37 800
-
99 295
-
health
4 328
-
11 369
-
income
5 186
-
20 256
-
pensions
4 256
-
7 696
-
total
13 770
-
39 321
-
Employer
37 800
-
99 295
-
accident
631
-
1 658
-
unemployment
926
-
2 433
-
pensions
6 146
-
11 114
-
total
7 703
-
15 205
-
Corporate
68 996
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.

62 096
103 050
-
-
total
62 096
103 050
-
-
Dividends
6 900
11 450
-
-
withholding
1 311
2 176
-
-
total
1 311
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
84 880
105 226
54 526
36 000
After tax
29 620
9 274
59 974
78 500
Living cost
24 030
24 030
24 030
24 030
Free-cash
5 590
-14 756
35 944
54 470

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽82657
₽78700
₽51408
₽60602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
573
health insurance
-
-
-
8 473
income
-
-
-
17 909
pensions
-
-
-
21 068
unemployment
-
-
-
1 374
total
-
-
-
49 397
Employee

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

21 911
-
114 500
-
work injury
110
-
405
-
income
2 191
-
17 909
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
40 203
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 589
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%.

-
1 145
-
-
total
-
1 145
-
-
Dividends
92 589
113 355
-
-
withholding
13 888
17 003
-
-
total
13 888
17 003
-
-
Income
114 500
114 500
114 500
114 500
Total tax
22 105
18 148
40 203
49 397
After tax
92 395
96 352
74 297
65 103
Living cost
13 695
13 695
13 695
13 695
Free-cash
78 700
82 657
60 602
51 408

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19835
₽15211
₽16179
₽10943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
114 500
municipal
-
-
-
765
regional
-
-
-
2 405
national
-
-
-
25 224
social contributions
-
-
-
29 450
total
-
-
-
57 844
Employee
85 618
-
114 500
-
social contributions
28 870
-
38 609
-
regional
1 293
-
2 045
-
municipal
511
-
683
-
national
14 469
-
21 743
-
total
45 143
-
63 080
-
Employer
85 618
-
114 500
-
total
-
-
-
-
Corporate
28 882
114 500
-
-
nationa
6 932
27 480
-
-
municipal
1 392
5 518
-
-
total
8 324
32 998
-
-
Dividends
20 559
81 502
-
-
withholding
5 345
21 190
-
-
total
5 345
21 190
-
-
Income
114 500
114 500
114 500
114 500
Total tax
58 812
54 188
63 080
57 844
After tax
55 688
60 312
51 420
56 656
Living cost
40 476
40 476
40 476
40 476
Free-cash
15 211
19 835
10 943
16 179

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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