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
₽ 115500
per

Your estimated
City
free-cash

Dresden , Germany
₽27586
₽38823
₽36793
₽47544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
trade
-
-
-
10 751
income

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

-
-
-
28 663
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.

-
-
-
1 577
total
-
-
-
47 932
Employee

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

38 861
-
115 500
-
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
-
1 577
-
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
-
28 663
-
total
8 087
-
37 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 639
115 500
-
-
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.

632
952
-
-
income
11 495
17 324
-
-
trade
12 070
18 192
-
-
chamber of commerce
264
320
-
-
total
24 461
36 788
-
-
Dividends
52 176
78 711
-
-
surtax

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

696
1 060
-
-
withholding
12 658
19 291
-
-
total
13 354
20 351
-
-
Income
115 500
115 500
115 500
115 500
Total tax
45 902
57 139
37 181
47 932
After tax
69 598
58 361
78 319
67 568
Living cost
30 775
30 775
30 775
30 775
Free-cash
38 823
27 586
47 544
36 793

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
₽20804
₽19952
₽18002
₽18909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
municipal
-
-
-
12 209
pensions
-
-
-
13 860
national
-
-
-
18 919
social contributions
-
-
-
1 242
total
-
-
-
46 230
Employee
79 474
-
99 849
-
municipal
9 816
-
12 656
-
pensions
3 179
-
3 994
-
national
15 211
-
19 612
-
total
28 206
-
36 262
-
Employer
79 474
-
99 849
-
social contributions
854
-
1 073
-
pensions
6 358
-
7 988
-
total
7 212
-
9 061
-
Corporate
23 568
115 500
-
-
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%.

4 714
23 100
-
-
total
4 714
23 100
-
-
Dividends
18 854
92 400
-
-
withholding
4 148
20 328
-
-
total
4 148
20 328
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 280
43 428
45 323
46 230
After tax
71 220
72 072
70 177
69 270
Living cost
51 268
51 268
51 268
51 268
Free-cash
19 952
20 804
18 909
18 002

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
₽71261
₽62928
₽40361
₽43806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
microenterprise
-
-
-
-
income
-
-
-
16 867
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.

-
-
-
37 134
total
-
-
-
54 001
Employee
29 689
-
93 078
-
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
-
10 238
-
surtax
-
-
-
-
income
5 285
-
17 896
-
total
8 551
-
28 134
-
Employer
29 689
-
93 078
-
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
-
22 422
-
surtax
-
-
-
-
total
7 151
-
22 422
-
Corporate
78 659
115 500
-
-
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%.

15 732
23 101
-
-
total
15 732
23 101
-
-
Dividends

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

62 928
92 399
-
-
total
-
-
-
-
Income
115 500
115 500
115 500
115 500
Total tax
31 434
23 101
50 556
54 001
After tax
84 066
92 399
64 944
61 499
Living cost
21 138
21 138
21 138
21 138
Free-cash
62 928
71 261
43 806
40 361

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
₽13673
₽7448
₽23354
₽17636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
25 150
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
49 583
Employee
86 765
86 765
98 290
-
health
13 318
11 328
11 985
-
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
38 091
-
Employer
86 765
86 765
98 290
-
unemployment
3 124
3 124
3 538
-
pensions
6 039
6 039
6 841
-
health
6 031
6 031
6 831
-
total
15 194
15 194
17 210
-
Corporate
14 605
13 541
-
-
income
2 921
2 709
-
-
total
2 921
2 709
-
-
Dividends
11 684
10 832
-
-
income
2 483
2 302
-
-
withholding
1 753
1 625
-
-
total
4 236
3 927
-
-
Income
115 500
115 500
115 500
115 500
Total tax
65 489
59 264
55 301
49 583
After tax
50 011
56 236
60 199
65 917
Living cost
42 563
42 563
42 563
42 563
Free-cash
7 448
13 673
17 636
23 354

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
₽23910
₽23030
₽22535
₽21480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
municipal
-
-
-
27 029
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
1 924
total
-
-
-
53 812
Employee
55 789
-
88 539
-
municipal
16 636
-
26 402
-
national
-
-
1 504
-
total
16 636
-
27 906
-
Employer
55 789
-
88 539
-
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
42 182
115 500
-
-
income
9 280
25 410
-
-
total
9 280
25 410
-
-
Dividends
32 902
90 090
-
-
withholding
9 871
27 027
-
-
total
9 871
27 027
-
-
Income
115 500
115 500
115 500
115 500
Total tax
53 317
52 437
54 867
53 812
After tax
62 183
63 063
60 633
61 688
Living cost
39 153
39 153
39 153
39 153
Free-cash
23 030
23 910
21 480
22 535

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
₽17851
₽32126
₽27176
₽38405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
trade
-
-
-
11 229
income

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

-
-
-
28 663
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.

-
-
-
1 577
total
-
-
-
48 410
Employee

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

51 525
-
115 500
-
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
-
1 577
-
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
-
28 663
-
total
11 611
-
37 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 975
115 500
-
-
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
952
-
-
income
9 596
17 324
-
-
trade
10 524
19 000
-
-
chamber of commerce
245
318
-
-
total
20 893
37 594
-
-
Dividends
43 082
77 905
-
-
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.

571
1 051
-
-
withholding
10 385
19 090
-
-
total
10 956
20 141
-
-
Income
115 500
115 500
115 500
115 500
Total tax
43 460
57 735
37 181
48 410
After tax
72 040
57 765
78 319
67 090
Living cost
39 914
39 914
39 914
39 914
Free-cash
32 126
17 851
38 405
27 176

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
₽51511
₽47298
₽48188
₽46966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
14 972
health
-
-
-
2 946
social contributions
-
-
-
16 439
total
-
-
-
34 357
Employee
78 128
78 128
104 857
-
social contributions
3 796
6 484
8 704
-
health
777
1 328
1 784
-
income
8 204
7 232
14 447
-
total
12 777
15 044
24 935
-
Employer
78 128
78 128
104 857
-
social contributions
3 796
6 484
8 704
-
health
846
1 446
1 940
-
total
4 642
7 930
10 644
-
Corporate
65 124
29 441
-
-
income
8 141
3 681
-
-
total
8 141
3 681
-
-
Dividends
56 984
25 760
-
-
withholding
9 687
4 379
-
-
total
9 687
4 379
-
-
Income
115 500
115 500
115 500
115 500
Total tax
35 247
31 034
35 579
34 357
After tax
80 253
84 466
79 921
81 143
Living cost
32 955
32 955
32 955
32 955
Free-cash
47 298
51 511
46 966
48 188

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
₽46609
₽46991
₽61609
₽48552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
14 120
pensions
-
-
-
11 550
unemployment
-
-
-
1 732
health
-
-
-
8 085
total
-
-
-
35 487
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
96 653
-
health
1 860
740
6 766
-
income
3 248
1 293
11 816
-
pensions
2 657
1 057
9 665
-
unemployment
399
159
1 450
-
total
8 164
3 249
29 697
-
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
96 653
-
pensions
5 181
2 062
18 847
-
total
5 181
2 062
18 847
-
Corporate
83 753
102 865
-
-
income
7 538
9 258
-
-
total
7 538
9 258
-
-
Dividends
76 215
93 607
-
-
social contributions
14 741
18 133
-
-
withholding
14 481
17 785
-
-
total
29 222
35 918
-
-
Income
115 500
115 500
115 500
115 500
Total tax
50 105
50 487
48 544
35 487
After tax
65 395
65 013
66 956
80 013
Living cost
18 404
18 404
18 404
18 404
Free-cash
46 991
46 609
48 552
61 609

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
₽67858
₽61548
₽37369
₽42032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
15 477
pensions
-
-
-
23 099
health
-
-
-
15 014
total
-
-
-
53 590
Employee
28 823
-
86 324
-
income
3 245
-
16 644
-
pensions
577
-
1 726
-
unemployment
461
-
1 381
-
total
4 283
-
19 751
-
Employer
28 823
-
86 324
-
unemployment
231
-
690
-
pensions
5 765
-
17 264
-
health
3 746
-
11 222
-
total
9 742
-
29 176
-
Corporate
76 934
115 500
-
-
income
15 386
23 101
-
-
total
15 386
23 101
-
-
Dividends
61 547
92 399
-
-
total
-
-
-
-
Income
115 500
115 500
115 500
115 500
Total tax
29 411
23 101
48 927
53 590
After tax
86 089
92 399
66 573
61 910
Living cost
24 541
24 541
24 541
24 541
Free-cash
61 548
67 858
42 032
37 369

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
-₽12838
₽5952
₽56987
₽38359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
accident
-
-
-
255
income
-
-
-
29 294
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
36 320
Employee
34 910
-
100 256
-
health
3 997
-
11 480
-
income
4 789
-
20 528
-
pensions
3 931
-
7 696
-
total
12 717
-
39 704
-
Employer
34 910
-
100 256
-
accident
583
-
1 674
-
unemployment
855
-
2 456
-
pensions
5 677
-
11 114
-
total
7 115
-
15 244
-
Corporate
73 475
115 500
-
-
income

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

66 127
103 950
-
-
total
66 127
103 950
-
-
Dividends
7 348
11 550
-
-
withholding
1 396
2 195
-
-
total
1 396
2 195
-
-
Income
115 500
115 500
115 500
115 500
Total tax
87 355
106 145
54 948
36 320
After tax
28 145
9 355
60 552
79 180
Living cost
22 193
22 193
22 193
22 193
Free-cash
5 952
-12 838
38 359
56 987

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
₽100464
₽98728
₽105084
₽83139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
115 500
microenterprise

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

-
-
-
1 155
total
-
-
-
1 155
Employee
11 576
-
115 500
-
income
2 315
-
23 100
-
total
2 315
-
23 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

103 924
115 500
-
-
total
-
-
-
-
Dividends
103 924
115 500
-
-
withholding
5 196
5 775
-
-
total
5 196
5 775
-
-
Income
115 500
115 500
115 500
115 500
Total tax
7 511
5 775
23 100
1 155
After tax
107 989
109 725
92 400
114 345
Living cost
9 261
9 261
9 261
9 261
Free-cash
98 728
100 464
83 139
105 084

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
₽57783
₽50924
₽35134
₽39914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
15 003
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.

-
-
-
27 721
other
-
-
-
5 486
health
-
-
-
5 083
total
-
-
-
53 293
Employee
36 891
-
92 253
-
health
517
-
1 292
-
income
6 351
-
16 595
-
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
-
6 457
-
unemployment
368
-
922
-
total
9 818
-
25 266
-
Employer
36 891
-
92 253
-
accident
295
-
738
-
other
1 845
-
4 614
-
unemployment
368
-
922
-
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
-
15 681
-
health
517
-
1 292
-
total
9 297
-
23 247
-
Corporate
69 311
115 500
-
-
income
14 555
24 256
-
-
total
14 555
24 256
-
-
Dividends
54 756
91 244
-
-
withholding
3 833
6 388
-
-
total
3 833
6 388
-
-
Income
115 500
115 500
115 500
115 500
Total tax
37 503
30 644
48 513
53 293
After tax
77 997
84 856
66 987
62 207
Living cost
27 073
27 073
27 073
27 073
Free-cash
50 924
57 783
39 914
35 134

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
₽14169
₽4081
₽13041
₽2426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
26 140
pensions
-
-
-
7 910
total
-
-
-
34 050
Employee
96 788
-
101 495
-
health
1 595
-
1 692
-
income
17 447
-
19 065
-
pensions
9 337
-
9 903
-
total
28 379
-
30 660
-
Employer
96 788
-
101 495
-
pensions
11 428
-
12 077
-
health
1 838
-
1 928
-
total
13 266
-
14 005
-
Corporate
5 446
115 500
-
-
income

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

1 034
21 946
-
-
total
1 034
21 946
-
-
Dividends
4 412
93 554
-
-
withholding
331
10 976
-
-
total
331
10 976
-
-
Income
115 500
115 500
115 500
115 500
Total tax
43 010
32 922
44 665
34 050
After tax
72 490
82 578
70 835
81 450
Living cost
68 409
68 409
68 409
68 409
Free-cash
4 081
14 169
2 426
13 041

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
₽85430
₽80711
₽75376
₽79222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
17 325
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
-
-
-
26 802
Employee
17 641
-
108 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
10 854
-
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
-
15 993
-
Employer
17 641
-
108 537
-
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
94 398
115 500
-
-
income
9 440
11 550
-
-
total
9 440
11 550
-
-
Dividends
84 958
103 950
-
-
withholding
4 248
5 198
-
-
total
4 248
5 198
-
-
Income
115 500
115 500
115 500
115 500
Total tax
21 467
16 748
22 956
26 802
After tax
94 033
98 752
92 544
88 698
Living cost
13 322
13 322
13 322
13 322
Free-cash
80 711
85 430
79 222
75 376

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
-₽105
₽2450
₽9576
₽3858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
25 150
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
49 583
Employee
94 199
86 765
98 290
-
health
11 752
11 328
11 985
-
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
38 091
-
Employer
94 199
86 765
98 290
-
unemployment
3 392
3 124
3 538
-
pensions
6 556
6 039
6 841
-
health
6 546
6 031
6 831
-
total
16 494
15 194
17 210
-
Corporate
4 807
13 541
-
-
income
962
2 709
-
-
total
962
2 709
-
-
Dividends
3 845
10 832
-
-
income
818
2 302
-
-
withholding
577
1 625
-
-
total
1 395
3 927
-
-
Income
115 500
115 500
115 500
115 500
Total tax
56 709
59 264
55 301
49 583
After tax
58 791
56 236
60 199
65 917
Living cost
56 341
56 341
56 341
56 341
Free-cash
2 450
-105
3 858
9 576

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
₽55248
₽46587
₽31981
₽34339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
9 927
health
-
-
-
15 592
solidarity contribution
-
-
-
-
social contributions
-
-
-
33 726
total
-
-
-
59 245
Employee
35 697
-
86 194
-
social contributions
2 320
-
5 603
-
health
4 819
-
11 636
-
solidarity contribution
-
-
-
-
income
4 284
-
10 343
-
total
11 423
-
27 582
-
Employer
35 697
-
86 194
-
social contributions
8 924
-
21 548
-
health
3 213
-
7 757
-
total
12 137
-
29 305
-
Corporate
67 666
115 500
-
-
income
12 857
21 945
-
-
total
12 857
21 945
-
-
Dividends
54 810
93 555
-
-
withholding
8 222
14 033
-
-
total
8 222
14 033
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 639
35 978
56 887
59 245
After tax
70 861
79 522
58 613
56 255
Living cost
24 274
24 274
24 274
24 274
Free-cash
46 587
55 248
34 339
31 981

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
₽18751
₽13445
₽15430
₽9935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
municipal
-
-
-
686
regional
-
-
-
1 299
national
-
-
-
25 505
social contributions
-
-
-
29 707
total
-
-
-
57 197
Employee
90 299
-
115 500
-
social contributions
30 449
-
38 946
-
regional
852
-
1 139
-
municipal
478
-
613
-
national
15 647
-
21 994
-
total
47 426
-
62 692
-
Employer
90 299
-
115 500
-
total
-
-
-
-
Corporate
25 201
115 500
-
-
nationa
6 049
27 721
-
-
municipal
983
4 504
-
-
total
7 032
32 225
-
-
Dividends
18 169
83 275
-
-
withholding
4 724
21 651
-
-
total
4 724
21 651
-
-
Income
115 500
115 500
115 500
115 500
Total tax
59 182
53 876
62 692
57 197
After tax
56 318
61 624
52 808
58 303
Living cost
42 873
42 873
42 873
42 873
Free-cash
13 445
18 751
9 935
15 430

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
₽50230
₽47067
₽34960
₽33065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
23 517
pensions
-
-
-
23 101
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 200
surtax
-
-
-
3 070
total
-
-
-
58 119
Employee
33 600
-
95 415
-
other
-
-
-
-
health
858
-
2 433
-
surtax
110
-
2 771
-
income
5 632
-
21 720
-
pensions
2 240
-
6 365
-
unemployment
2 339
-
6 640
-
total
11 179
-
39 929
-
Employer
33 600
-
95 415
-
other
-
-
-
-
unemployment
1 064
-
3 025
-
pensions
4 479
-
12 718
-
health
1 529
-
4 342
-
total
7 072
-
20 085
-
Corporate
74 828
115 500
-
-
income
19 455
30 030
-
-
total
19 455
30 030
-
-
Dividends
55 373
85 470
-
-
withholding
8 306
12 820
-
-
total
8 306
12 820
-
-
Income
115 500
115 500
115 500
115 500
Total tax
46 012
42 850
60 014
58 119
After tax
69 488
72 650
55 486
57 381
Living cost
22 420
22 420
22 420
22 420
Free-cash
47 067
50 230
33 065
34 960

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
₽35843
₽31753
₽34715
₽24100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
26 140
pensions
-
-
-
7 910
total
-
-
-
34 050
Employee
64 865
-
101 495
-
health
942
-
1 692
-
income
11 682
-
19 065
-
pensions
5 506
-
9 903
-
total
18 130
-
30 660
-
Employer
64 865
-
101 495
-
pensions
7 022
-
12 077
-
health
1 232
-
1 928
-
total
8 254
-
14 005
-
Corporate
42 381
115 500
-
-
income

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

8 053
21 946
-
-
total
8 053
21 946
-
-
Dividends
34 328
93 554
-
-
withholding
2 575
10 976
-
-
total
2 575
10 976
-
-
Income
115 500
115 500
115 500
115 500
Total tax
37 012
32 922
44 665
34 050
After tax
78 488
82 578
70 835
81 450
Living cost
46 735
46 735
46 735
46 735
Free-cash
31 753
35 843
24 100
34 715

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
-₽24798
₽8407
₽18172
₽12441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
city
-
-
-
1 218
pensions
-
-
-
10 625
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.

-
-
-
2 310
regional
-
-
-
4 344
health
-
-
-
259
national
-
-
-
957
total
-
-
-
19 713
Employee
90 829
-
103 380
-
city
975
-
1 110
-
regional
2 974
-
3 716
-
health
205
-
233
-
pensions
7 631
-
8 683
-
unemployment
-
-
-
-
national
430
-
719
-
total
12 215
-
14 461
-
Employer
90 829
-
103 380
-
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
-
2 067
-
unemployment
-
-
-
-
pensions
7 631
-
8 683
-
health
205
-
233
-
total
9 652
-
10 983
-
Corporate
14 020
115 500
-
-
regional
2 966
24 427
-
-
national
1 192
9 818
-
-
total
4 158
34 245
-
-
Dividends
9 862
81 255
-
-
withholding
3 453
28 438
-
-
total
3 453
28 438
-
-
Income
115 500
115 500
115 500
115 500
Total tax
29 478
62 683
25 444
19 713
After tax
86 022
52 817
90 056
95 787
Living cost
77 615
77 615
77 615
77 615
Free-cash
8 407
-24 798
12 441
18 172

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
₽10628
₽27101
₽20066
₽31774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
trade
-
-
-
11 708
income

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

-
-
-
28 663
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.

-
-
-
1 577
total
-
-
-
48 889
Employee

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

61 062
-
115 500
-
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
-
1 577
-
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
-
28 663
-
total
14 516
-
37 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 438
115 500
-
-
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.

449
952
-
-
income
8 166
17 324
-
-
trade
9 336
19 808
-
-
chamber of commerce
231
316
-
-
total
18 182
38 400
-
-
Dividends
36 256
77 100
-
-
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.

478
1 039
-
-
withholding
8 678
18 888
-
-
total
9 156
19 927
-
-
Income
115 500
115 500
115 500
115 500
Total tax
41 854
58 327
37 181
48 889
After tax
73 646
57 173
78 319
66 611
Living cost
46 545
46 545
46 545
46 545
Free-cash
27 101
10 628
31 774
20 066

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
₽23448
₽29450
₽31353
₽35731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
12 966
pensions
-
-
-
26 645
other
-
-
-
3 581
health
-
-
-
2 902
surtax
-
-
-
-
social contributions
-
-
-
3 291
total
-
-
-
49 385
Employee
43 485
-
92 875
-
social contributions
1 240
-
2 647
-
surtax
-
-
-
-
income
2 566
-
14 794
-
pensions
4 917
-
4 940
-
total
8 723
-
22 381
-
Employer
43 485
-
92 875
-
other
1 500
-
3 205
-
social contributions
131
-
280
-
unemployment
1 760
-
3 762
-
pensions
7 144
-
8 585
-
health
3 045
-
6 794
-
total
13 580
-
22 626
-
Corporate
58 435
115 500
-
-
surtax
-
-
-
-
income
16 362
32 340
-
-
total
16 362
32 340
-
-
Dividends
42 073
83 160
-
-
surtax
-
-
-
-
social contributions
7 238
14 305
-
-
withholding
5 385
10 645
-
-
total
12 623
24 950
-
-
Income
115 500
115 500
115 500
115 500
Total tax
51 288
57 290
45 007
49 385
After tax
64 212
58 210
70 493
66 115
Living cost
34 762
34 762
34 762
34 762
Free-cash
29 450
23 448
35 731
31 353

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
₽26892
₽32538
₽34797
₽39175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
12 966
pensions
-
-
-
26 645
other
-
-
-
3 581
health
-
-
-
2 902
surtax
-
-
-
-
social contributions
-
-
-
3 291
total
-
-
-
49 385
Employee
38 816
-
92 875
-
social contributions
1 107
-
2 647
-
surtax
-
-
-
-
income
2 001
-
14 794
-
pensions
4 390
-
4 940
-
total
7 498
-
22 381
-
Employer
38 816
-
92 875
-
other
1 340
-
3 205
-
social contributions
116
-
280
-
unemployment
1 571
-
3 762
-
pensions
6 378
-
8 585
-
health
2 717
-
6 794
-
total
12 122
-
22 626
-
Corporate
64 562
115 500
-
-
surtax
-
-
-
-
income
18 078
32 340
-
-
total
18 078
32 340
-
-
Dividends
46 483
83 160
-
-
surtax
-
-
-
-
social contributions
7 996
14 305
-
-
withholding
5 950
10 645
-
-
total
13 946
24 950
-
-
Income
115 500
115 500
115 500
115 500
Total tax
51 644
57 290
45 007
49 385
After tax
63 856
58 210
70 493
66 115
Living cost
31 318
31 318
31 318
31 318
Free-cash
32 538
26 892
39 175
34 797

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
₽48922
₽49448
₽52630
₽52111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
17 324
health
-
-
-
8 061
social contributions
-
-
-
15 940
total
-
-
-
41 325
Employee
34 450
-
115 500
-
social contributions
4 755
-
15 940
-
health
2 404
-
8 061
-
income
5 746
-
17 843
-
total
12 905
-
41 844
-
Employer
34 450
-
115 500
-
total
-
-
-
-
Corporate
81 050
115 500
-
-
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%.

4 053
5 775
-
-
total
4 053
5 775
-
-
Dividends
76 997
109 725
-
-
health
5 374
7 658
-
-
social contributions
10 626
15 142
-
-
withholding
11 549
16 458
-
-
total
27 549
39 258
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 507
45 033
41 844
41 325
After tax
70 993
70 467
73 656
74 175
Living cost
21 545
21 545
21 545
21 545
Free-cash
49 448
48 922
52 111
52 630

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
₽28709
₽27142
₽21540
-₽2549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
chamber of commerce
-
-
-
463
income
-
-
-
21 059
pensions
-
-
-
21 367
unemployment
-
-
-
6 232
health
-
-
-
8 837
surtax
-
-
-
201
total
-
-
-
58 159
Employee
50 777
40 491
89 530
-
other
507
405
895
-
health
1 965
1 568
3 465
-
income
5 781
2 987
18 645
-
pensions
5 200
4 145
9 168
-
unemployment
1 523
1 215
2 686
-
total
14 976
10 320
34 859
-
Employer
50 777
40 491
89 530
-
accident
659
526
1 165
-
other
2 412
1 922
4 253
-
chamber of commerce
202
162
359
-
unemployment
1 523
1 215
2 686
-
surtax
201
201
201
-
pensions
6 372
5 083
11 235
-
payroll
1 523
1 215
2 686
-
health
1 918
1 531
3 384
-
total
14 810
11 855
25 969
-
Corporate
49 911
63 155
85 676
-
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.

12 477
15 789
21 420
-
total
12 477
15 789
21 420
-
Dividends
37 434
47 366
-
-
withholding
10 294
13 026
-
-
total
10 294
13 026
-
-
Income
115 500
115 500
115 500
115 500
Total tax
52 557
50 990
82 248
58 159
After tax
62 943
64 510
33 252
57 341
Living cost
35 801
35 801
35 801
35 801
Free-cash
27 142
28 709
-2 549
21 540

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
₽27678
₽12442
₽15585
₽7145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
national
-
-
-
38 468
communal

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

-
-
-
5 815
social contributions
-
-
-
18 586
total
-
-
-
62 869
Employee

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

72 678
-
89 459
-
communal

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

3 791
-
4 666
-
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
-
4 205
-
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
-
6 710
-
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
-
779
-
national
22 344
-
28 907
-
total
35 633
-
45 267
-
Employer

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

72 678
-
89 459
-
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
-
1 163
-
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
-
1 305
-
surtax
8 241
-
10 146
-
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
-
7 927
-
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
-
5 501
-
total
21 155
-
26 042
-
Corporate
21 667
115 500
-
-
surtax
87
463
-
-
income
4 332
23 101
-
-
total
4 419
23 564
-
-
Dividends
17 248
91 936
-
-
withholding

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

4 805
27 212
-
-
total
4 805
27 212
-
-
Income
115 500
115 500
115 500
115 500
Total tax
66 012
50 776
71 309
62 869
After tax
49 488
64 724
44 191
52 631
Living cost
37 046
37 046
37 046
37 046
Free-cash
12 442
27 678
7 145
15 585

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
₽41062
₽33002
₽26563
₽23267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
accident
-
-
-
848
income
-
-
-
23 993
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
52 244
Employee
50 576
-
87 579
-
other
50
-
87
-
income
10 671
-
22 059
-
pensions
2 377
-
4 117
-
unemployment
785
-
1 357
-
total
13 883
-
27 620
-
Employer
50 576
-
87 579
-
accident
1 001
-
1 733
-
other
403
-
702
-
unemployment
2 782
-
4 816
-
pensions
11 935
-
20 669
-
total
16 121
-
27 920
-
Corporate
48 803
115 500
-
-
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.

7 321
17 324
-
-
total
7 321
17 324
-
-
Dividends
41 482
98 176
-
-
withholding
8 480
20 421
-
-
total
8 480
20 421
-
-
Income
115 500
115 500
115 500
115 500
Total tax
45 805
37 745
55 540
52 244
After tax
69 695
77 755
59 960
63 256
Living cost
36 693
36 693
36 693
36 693
Free-cash
33 002
41 062
23 267
26 563

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
₽14954
₽7360
₽8866
₽13600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
accident
-
-
-
974
income
-
-
-
11 987
pensions
-
-
-
17 313
health
-
-
-
8 117
surtax
-
-
-
5 727
communal
-
-
-
7 300
total
-
-
-
51 418
Employee
76 944
-
103 170
-
health
3 424
-
4 591
-
surtax
4 716
-
6 322
-
income
7 432
-
15 187
-
pensions
6 155
-
8 254
-
total
21 727
-
34 354
-
Employer
76 944
-
103 170
-
accident
692
-
929
-
pensions
6 155
-
8 254
-
health
2 347
-
3 147
-
total
9 194
-
12 330
-
Corporate
29 363
115 500
-
-
surtax
308
1 213
-
-
communal
-
7 795
-
-
income
4 404
17 324
-
-
total
4 712
26 332
-
-
Dividends
24 651
89 168
-
-
income
13 593
5 623
-
-
withholding
3 698
13 375
-
-
total
17 291
18 998
-
-
Income
115 500
115 500
115 500
115 500
Total tax
52 924
45 330
46 684
51 418
After tax
62 576
70 170
68 816
64 082
Living cost
55 216
55 216
55 216
55 216
Free-cash
7 360
14 954
13 600
8 866

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
₽49829
₽46598
₽34560
₽32665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
23 517
pensions
-
-
-
23 101
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 200
surtax
-
-
-
3 070
total
-
-
-
58 119
Employee
34 217
-
95 415
-
other
-
-
-
-
health
873
-
2 433
-
surtax
121
-
2 771
-
income
5 736
-
21 720
-
pensions
2 283
-
6 365
-
unemployment
2 381
-
6 640
-
total
11 394
-
39 929
-
Employer
34 217
-
95 415
-
other
-
-
-
-
unemployment
1 086
-
3 025
-
pensions
4 562
-
12 718
-
health
1 556
-
4 342
-
total
7 204
-
20 085
-
Corporate
74 080
115 500
-
-
income
19 260
30 030
-
-
total
19 260
30 030
-
-
Dividends
54 820
85 470
-
-
withholding
8 223
12 820
-
-
total
8 223
12 820
-
-
Income
115 500
115 500
115 500
115 500
Total tax
46 081
42 850
60 014
58 119
After tax
69 419
72 650
55 486
57 381
Living cost
22 821
22 821
22 821
22 821
Free-cash
46 598
49 829
32 665
34 560

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
₽33338
₽31084
₽30490
₽25022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
municipal
-
-
-
686
regional
-
-
-
1 742
national
-
-
-
25 505
social contributions
-
-
-
29 707
total
-
-
-
57 640
Employee
56 361
-
115 500
-
social contributions
19 005
-
38 946
-
regional
759
-
1 555
-
municipal
299
-
613
-
national
8 929
-
21 994
-
total
28 992
-
63 108
-
Employer
56 361
-
115 500
-
total
-
-
-
-
Corporate
59 139
115 500
-
-
nationa
14 193
27 721
-
-
municipal
2 938
5 740
-
-
total
17 131
33 461
-
-
Dividends
42 008
82 039
-
-
withholding
10 923
21 331
-
-
total
10 923
21 331
-
-
Income
115 500
115 500
115 500
115 500
Total tax
57 046
54 792
63 108
57 640
After tax
58 454
60 708
52 392
57 860
Living cost
27 370
27 370
27 370
27 370
Free-cash
31 084
33 338
25 022
30 490

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
₽49610
₽38939
₽26343
₽28701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
9 927
health
-
-
-
15 592
solidarity contribution
-
-
-
-
social contributions
-
-
-
33 726
total
-
-
-
59 245
Employee
43 988
-
86 194
-
social contributions
2 859
-
5 603
-
health
5 938
-
11 636
-
solidarity contribution
-
-
-
-
income
5 278
-
10 343
-
total
14 075
-
27 582
-
Employer
43 988
-
86 194
-
social contributions
10 997
-
21 548
-
health
3 959
-
7 757
-
total
14 956
-
29 305
-
Corporate
56 557
115 500
-
-
income
10 746
21 945
-
-
total
10 746
21 945
-
-
Dividends
45 811
93 555
-
-
withholding
6 872
14 033
-
-
total
6 872
14 033
-
-
Income
115 500
115 500
115 500
115 500
Total tax
46 649
35 978
56 887
59 245
After tax
68 851
79 522
58 613
56 255
Living cost
29 912
29 912
29 912
29 912
Free-cash
38 939
49 610
28 701
26 343

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
₽32204
₽31704
₽25127
₽873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
chamber of commerce
-
-
-
463
income
-
-
-
21 059
pensions
-
-
-
21 367
unemployment
-
-
-
6 232
health
-
-
-
8 837
surtax
-
-
-
-
total
-
-
-
57 958
Employee
44 414
40 491
89 686
-
other
443
405
897
-
health
1 718
1 568
3 471
-
income
3 957
2 987
18 701
-
pensions
4 548
4 145
9 184
-
unemployment
1 332
1 215
2 690
-
total
11 998
10 320
34 943
-
Employer
44 414
40 491
89 686
-
accident
577
526
1 167
-
other
2 109
1 922
4 259
-
chamber of commerce
177
162
359
-
unemployment
1 332
1 215
2 690
-
surtax
-
-
-
-
pensions
5 574
5 083
11 256
-
payroll
1 332
1 215
2 690
-
health
1 679
1 531
3 390
-
total
12 780
11 654
25 811
-
Corporate
58 305
63 356
85 834
-
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.

14 577
15 840
21 458
-
total
14 577
15 840
21 458
-
Dividends
43 728
47 516
-
-
withholding
12 026
13 067
-
-
total
12 026
13 067
-
-
Income
115 500
115 500
115 500
115 500
Total tax
51 381
50 881
82 212
57 958
After tax
64 119
64 619
33 288
57 542
Living cost
32 415
32 415
32 415
32 415
Free-cash
31 704
32 204
873
25 127

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
₽95293
₽92587
₽99913
₽77968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
115 500
microenterprise

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

-
-
-
1 155
total
-
-
-
1 155
Employee
18 040
-
115 500
-
income
3 608
-
23 100
-
total
3 608
-
23 100
-
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%.

97 460
115 500
-
-
total
-
-
-
-
Dividends
97 460
115 500
-
-
withholding
4 873
5 775
-
-
total
4 873
5 775
-
-
Income
115 500
115 500
115 500
115 500
Total tax
8 481
5 775
23 100
1 155
After tax
107 019
109 725
92 400
114 345
Living cost
14 432
14 432
14 432
14 432
Free-cash
92 587
95 293
77 968
99 913

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
₽52269
₽43771
₽31895
₽28584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
income
-
-
-
23 719
pensions
-
-
-
21 094
unemployment
-
-
-
174
health
-
-
-
11 366
total
-
-
-
56 353
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
-
99 940
-
health
2 902
-
6 457
-
income
7 748
-
22 015
-
pensions
6 964
-
15 491
-
unemployment
64
-
141
-
total
17 678
-
44 104
-
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
-
99 940
-
unemployment
27
-
60
-
pensions
3 976
-
8 844
-
health
2 992
-
6 656
-
total
6 995
-
15 560
-
Corporate
63 575
115 500
-
-
income
12 080
21 946
-
-
total
12 080
21 946
-
-
Dividends
51 496
93 554
-
-
withholding
7 724
14 033
-
-
total
7 724
14 033
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 477
35 979
59 664
56 353
After tax
71 023
79 521
55 836
59 147
Living cost
27 252
27 252
27 252
27 252
Free-cash
43 771
52 269
28 584
31 895

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
₽26370
-₽36202
₽35920
₽58215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
22 513
social contributions
-
-
-
13 167
total
-
-
-
35 680
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
-
115 500
-
-
income
-
25 410
-
-
total
-
25 410
-
-
Dividends
-
90 090
-
-
income
-
19 820
-
-
total
-
19 820
-
-
Income
115 500
115 500
115 500
115 500
Total tax
107 802
45 230
13 385
35 680
After tax
7 698
70 270
102 115
79 820
Living cost
43 900
43 900
43 900
43 900
Free-cash
-36 202
26 370
58 215
35 920

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
₽33826
₽32805
₽32058
₽25303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
income
-
-
-
11 436
surtax
-
-
-
-
social contributions

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

-
-
-
40 136
total
-
-
-
51 572
Employee
46 730
-
93 332
-
social contributions
5 140
-
10 267
-
surtax
-
-
-
-
income
9 720
-
25 894
-
total
14 860
-
36 161
-
Employer
46 730
-
93 332
-
social contributions
11 098
-
22 166
-
total
11 098
-
22 166
-
Corporate
57 672
115 500
-
-
surtax
-
-
-
-
income
12 111
24 256
-
-
total
12 111
24 256
-
-
Dividends
45 561
91 244
-
-
withholding
12 756
25 548
-
-
total
12 756
25 548
-
-
Income
115 500
115 500
115 500
115 500
Total tax
50 825
49 804
58 327
51 572
After tax
64 675
65 696
57 173
63 928
Living cost
31 870
31 870
31 870
31 870
Free-cash
32 805
33 826
25 303
32 058

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
₽9137
₽16124
₽17042
₽21420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
12 966
pensions
-
-
-
26 645
other
-
-
-
3 581
health
-
-
-
2 902
surtax
-
-
-
-
social contributions
-
-
-
3 291
total
-
-
-
49 385
Employee
63 636
-
92 875
-
social contributions
1 812
-
2 647
-
surtax
-
-
-
-
income
5 552
-
14 794
-
pensions
7 198
-
4 940
-
total
14 562
-
22 381
-
Employer
63 636
-
92 875
-
other
2 196
-
3 205
-
social contributions
191
-
280
-
unemployment
2 578
-
3 762
-
pensions
10 456
-
8 585
-
health
4 454
-
6 794
-
total
19 875
-
22 626
-
Corporate
31 989
115 500
-
-
surtax
-
-
-
-
income
8 956
32 340
-
-
total
8 956
32 340
-
-
Dividends
23 032
83 160
-
-
surtax
-
-
-
-
social contributions
3 962
14 305
-
-
withholding
2 948
10 645
-
-
total
6 910
24 950
-
-
Income
115 500
115 500
115 500
115 500
Total tax
50 303
57 290
45 007
49 385
After tax
65 197
58 210
70 493
66 115
Living cost
49 073
49 073
49 073
49 073
Free-cash
16 124
9 137
21 420
17 042

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
₽73409
₽69994
₽56711
₽59781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
2 838
social contributions
-
-
-
25 409
total
-
-
-
28 247
Employee
32 665
-
99 998
-
income
-
-
3 179
-
social contributions
2 123
-
6 500
-
total
2 123
-
9 679
-
Employer
32 665
-
99 998
-
social contributions
5 063
-
15 498
-
total
5 063
-
15 498
-
Corporate
77 772
115 500
-
-
income
7 778
11 549
-
-
total
7 778
11 549
-
-
Dividends
69 994
103 951
-
-
total
-
-
-
-
Income
115 500
115 500
115 500
115 500
Total tax
14 964
11 549
25 177
28 247
After tax
100 536
103 951
90 323
87 253
Living cost
30 542
30 542
30 542
30 542
Free-cash
69 994
73 409
59 781
56 711

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
-₽105848
-₽105848
₽21887
-₽105848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
municipal
-
-
-
22 175
pensions
-
-
-
881
national
-
-
-
12 461
labour market
-
-
-
9 169
total
-
-
-
44 686
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
115 500
115 500
115 500
115 500
Total tax
172 421
172 421
172 421
44 686
After tax
-56 921
-56 921
-56 921
70 814
Living cost
48 927
48 927
48 927
48 927
Free-cash
-105 848
-105 848
-105 848
21 887

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
-₽12510
₽6001
₽57315
₽38687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
accident
-
-
-
255
income
-
-
-
29 294
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
36 320
Employee
34 396
-
100 256
-
health
3 939
-
11 480
-
income
4 719
-
20 528
-
pensions
3 873
-
7 696
-
total
12 531
-
39 704
-
Employer
34 396
-
100 256
-
accident
574
-
1 674
-
unemployment
843
-
2 456
-
pensions
5 593
-
11 114
-
total
7 010
-
15 244
-
Corporate
74 094
115 500
-
-
income

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

66 685
103 950
-
-
total
66 685
103 950
-
-
Dividends
7 410
11 550
-
-
withholding
1 408
2 195
-
-
total
1 408
2 195
-
-
Income
115 500
115 500
115 500
115 500
Total tax
87 634
106 145
54 948
36 320
After tax
27 866
9 355
60 552
79 180
Living cost
21 865
21 865
21 865
21 865
Free-cash
6 001
-12 510
38 687
57 315

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
₽36726
₽35954
₽41453
₽25618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
115 500
municipal
-
-
-
20 546
health
-
-
-
1 355
national
-
-
-
13 138
total
-
-
-
35 039
Employee
53 456
-
97 165
-
health
399
-
1 072
-
municipal
8 756
-
15 853
-
pensions
3 608
-
6 559
-
unemployment
802
-
1 458
-
national
883
-
7 598
-
total
14 448
-
32 540
-
Employer
53 456
-
97 165
-
accident
54
-
96
-
unemployment
347
-
632
-
pensions
9 274
-
16 858
-
health
411
-
748
-
total
10 086
-
18 334
-
Corporate
51 958
115 500
-
-
income
10 393
23 101
-
-
total
10 393
23 101
-
-
Dividends

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

31 174
69 299
-
-
national
-
4 192
-
-
municipal
5 611
12 473
-
-
total
5 611
16 665
-
-
Income
115 500
115 500
115 500
115 500
Total tax
40 538
39 766
50 874
35 039
After tax
74 962
75 734
64 626
80 461
Living cost
39 008
39 008
39 008
39 008
Free-cash
35 954
36 726
25 618
41 453

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
₽60942
₽55414
₽57619
₽56397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
14 972
health
-
-
-
2 946
social contributions
-
-
-
16 439
total
-
-
-
34 357
Employee
78 128
78 128
104 857
-
social contributions
2 954
6 484
8 704
-
health
605
1 328
1 784
-
income
8 507
7 232
14 447
-
total
12 066
15 044
24 935
-
Employer
78 128
78 128
104 857
-
social contributions
2 954
6 484
8 704
-
health
657
1 446
1 940
-
total
3 611
7 930
10 644
-
Corporate
76 298
29 441
-
-
income
9 536
3 681
-
-
total
9 536
3 681
-
-
Dividends
66 762
25 760
-
-
withholding
11 349
4 379
-
-
total
11 349
4 379
-
-
Income
115 500
115 500
115 500
115 500
Total tax
36 562
31 034
35 579
34 357
After tax
78 938
84 466
79 921
81 143
Living cost
23 524
23 524
23 524
23 524
Free-cash
55 414
60 942
56 397
57 619

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
₽79514
₽74343
₽77971
₽57593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
115 500
income
-
-
-
11 228
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
21 397
Employee

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

23 322
-
105 570
-
health
1 982
-
8 195
-
income
1 595
-
8 708
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
31 846
-
Employer

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

23 322
-
105 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
89 778
115 500
-
-
income
8 081
10 395
-
-
total
8 081
10 395
-
-
Dividends
81 697
105 105
-
-
withholding
7 352
9 459
-
-
total
7 352
9 459
-
-
Income
115 500
115 500
115 500
115 500
Total tax
25 025
19 854
41 775
21 397
After tax
90 475
95 646
73 725
94 103
Living cost
16 132
16 132
16 132
16 132
Free-cash
74 343
79 514
57 593
77 971

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
₽49815
₽44519
₽35316
₽32020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
accident
-
-
-
848
income
-
-
-
23 993
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
52 244
Employee
37 569
-
87 579
-
other
37
-
87
-
income
7 243
-
22 059
-
pensions
1 766
-
4 117
-
unemployment
582
-
1 357
-
total
9 628
-
27 620
-
Employer
37 569
-
87 579
-
accident
744
-
1 733
-
other
301
-
702
-
unemployment
2 067
-
4 816
-
pensions
8 866
-
20 669
-
total
11 978
-
27 920
-
Corporate
65 954
115 500
-
-
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.

9 893
17 324
-
-
total
9 893
17 324
-
-
Dividends
56 060
98 176
-
-
withholding
11 542
20 421
-
-
total
11 542
20 421
-
-
Income
115 500
115 500
115 500
115 500
Total tax
43 041
37 745
55 540
52 244
After tax
72 459
77 755
59 960
63 256
Living cost
27 940
27 940
27 940
27 940
Free-cash
44 519
49 815
32 020
35 316

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
₽69291
₽68835
₽70660
₽70463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
38 559
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
42 059
Employee
4 236
-
113 218
-
health
212
-
507
-
income
820
-
38 452
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
39 973
-
Employer
4 236
-
113 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
110 310
115 500
-
-
income
24 268
25 410
-
-
total
24 268
25 410
-
-
Dividends
86 042
90 090
-
-
withholding
17 208
18 018
-
-
total
17 208
18 018
-
-
Income
115 500
115 500
115 500
115 500
Total tax
43 884
43 428
42 256
42 059
After tax
71 616
72 072
73 244
73 441
Living cost
2 781
2 781
2 781
2 781
Free-cash
68 835
69 291
70 463
70 660

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
₽65890
₽60892
₽45233
₽45234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
income
-
-
-
24 344
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
52 708
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
-
102 069
-
health
1 364
-
3 864
-
income
3 650
-
24 344
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
39 276
-
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
-
102 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
84 284
115 500
-
-
income
12 643
17 325
-
-
total
12 643
17 325
-
-
Dividends
71 641
98 175
-
-
withholding
10 746
14 726
-
-
total
10 746
14 726
-
-
Income
115 500
115 500
115 500
115 500
Total tax
37 049
32 051
52 707
52 708
After tax
78 451
83 449
62 793
62 792
Living cost
17 559
17 559
17 559
17 559
Free-cash
60 892
65 890
45 234
45 233

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
₽38304
₽37938
₽36536
₽29781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
115 500
income
-
-
-
11 436
surtax
-
-
-
-
social contributions

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

-
-
-
40 136
total
-
-
-
51 572
Employee
39 435
-
93 332
-
social contributions
4 338
-
10 267
-
surtax
-
-
-
-
income
7 705
-
25 894
-
total
12 043
-
36 161
-
Employer
39 435
-
93 332
-
social contributions
9 365
-
22 166
-
total
9 365
-
22 166
-
Corporate
66 700
115 500
-
-
surtax
-
-
-
-
income
14 008
24 256
-
-
total
14 008
24 256
-
-
Dividends
52 693
91 244
-
-
withholding
14 754
25 548
-
-
total
14 754
25 548
-
-
Income
115 500
115 500
115 500
115 500
Total tax
50 170
49 804
58 327
51 572
After tax
65 330
65 696
57 173
63 928
Living cost
27 392
27 392
27 392
27 392
Free-cash
37 938
38 304
29 781
36 536

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
₽42047
₽34332
₽27548
₽24252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
accident
-
-
-
848
income
-
-
-
23 993
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
52 244
Employee
49 070
-
87 579
-
other
48
-
87
-
income
10 249
-
22 059
-
pensions
2 306
-
4 117
-
unemployment
760
-
1 357
-
total
13 363
-
27 620
-
Employer
49 070
-
87 579
-
accident
972
-
1 733
-
other
393
-
702
-
unemployment
2 699
-
4 816
-
pensions
11 580
-
20 669
-
total
15 644
-
27 920
-
Corporate
50 785
115 500
-
-
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.

7 618
17 324
-
-
total
7 618
17 324
-
-
Dividends
43 167
98 176
-
-
withholding
8 835
20 421
-
-
total
8 835
20 421
-
-
Income
115 500
115 500
115 500
115 500
Total tax
45 460
37 745
55 540
52 244
After tax
70 040
77 755
59 960
63 256
Living cost
35 708
35 708
35 708
35 708
Free-cash
34 332
42 047
24 252
27 548

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
₽81273
₽75082
₽71219
₽75065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
17 325
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
-
-
-
26 802
Employee
23 145
-
108 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
10 854
-
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
-
15 993
-
Employer
23 145
-
108 537
-
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
87 814
115 500
-
-
income
8 781
11 550
-
-
total
8 781
11 550
-
-
Dividends
79 032
103 950
-
-
withholding
3 951
5 198
-
-
total
3 951
5 198
-
-
Income
115 500
115 500
115 500
115 500
Total tax
22 939
16 748
22 956
26 802
After tax
92 561
98 752
92 544
88 698
Living cost
17 479
17 479
17 479
17 479
Free-cash
75 082
81 273
75 065
71 219

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
₽20320
₽33610
₽29298
₽39093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
trade
-
-
-
9 795
income

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

-
-
-
28 663
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.

-
-
-
1 577
total
-
-
-
46 976
Employee

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

50 554
-
115 500
-
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
-
1 577
-
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
-
28 663
-
total
11 327
-
37 181
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 946
115 500
-
-
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.

536
952
-
-
income
9 743
17 324
-
-
trade
9 321
16 574
-
-
chamber of commerce
249
324
-
-
total
19 849
35 174
-
-
Dividends
45 098
80 325
-
-
surtax

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

600
1 084
-
-
withholding
10 888
19 696
-
-
total
11 488
20 780
-
-
Income
115 500
115 500
115 500
115 500
Total tax
42 664
55 954
37 181
46 976
After tax
72 836
59 546
78 319
68 524
Living cost
39 226
39 226
39 226
39 226
Free-cash
33 610
20 320
39 093
29 298

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
₽22972
₽25215
₽17651
₽17651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
29 406
social contributions
-
-
-
10 565
total
-
-
-
39 971
Employee
79 477
-
115 500
-
income
14 997
-
29 406
-
social contributions
6 603
-
10 565
-
total
21 600
-
39 971
-
Employer
79 477
-
115 500
-
total
-
-
-
-
Corporate
36 023
115 500
-
-
income
4 502
14 438
-
-
total
4 502
14 438
-
-
Dividends
31 521
101 062
-
-
withholding
6 305
20 212
-
-
total
6 305
20 212
-
-
Income
115 500
115 500
115 500
115 500
Total tax
32 407
34 650
39 971
39 971
After tax
83 093
80 850
75 529
75 529
Living cost
57 878
57 878
57 878
57 878
Free-cash
25 215
22 972
17 651
17 651

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
₽32825
₽36375
₽42884
₽48159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
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
-
110 826
-
income
5 057
-
21 111
-
social contributions
4 670
-
4 674
-
total
9 727
-
25 785
-
Employer
46 610
-
110 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
64 220
115 500
-
-
income
22 478
40 425
-
-
total
22 478
40 425
-
-
Dividends
41 742
75 075
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
115 500
115 500
115 500
115 500
Total tax
42 243
45 793
30 459
35 734
After tax
73 257
69 707
85 041
79 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
36 375
32 825
48 159
42 884

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
₽44584
₽42772
₽43456
₽32841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
income
-
-
-
26 140
pensions
-
-
-
7 910
total
-
-
-
34 050
Employee
52 152
-
101 495
-
health
680
-
1 692
-
income
9 497
-
19 065
-
pensions
3 981
-
9 903
-
total
14 158
-
30 660
-
Employer
52 152
-
101 495
-
pensions
5 269
-
12 077
-
health
991
-
1 928
-
total
6 260
-
14 005
-
Corporate
57 087
115 500
-
-
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.

10 847
21 946
-
-
total
10 847
21 946
-
-
Dividends
46 241
93 554
-
-
withholding
3 469
10 976
-
-
total
3 469
10 976
-
-
Income
115 500
115 500
115 500
115 500
Total tax
34 734
32 922
44 665
34 050
After tax
80 766
82 578
70 835
81 450
Living cost
37 994
37 994
37 994
37 994
Free-cash
42 772
44 584
32 841
43 456

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
-₽14675
₽5670
₽55150
₽36522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
accident
-
-
-
255
income
-
-
-
29 294
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
36 320
Employee
37 800
-
100 256
-
health
4 328
-
11 480
-
income
5 186
-
20 528
-
pensions
4 256
-
7 696
-
total
13 770
-
39 704
-
Employer
37 800
-
100 256
-
accident
631
-
1 674
-
unemployment
926
-
2 456
-
pensions
6 146
-
11 114
-
total
7 703
-
15 244
-
Corporate
69 996
115 500
-
-
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.

62 997
103 950
-
-
total
62 997
103 950
-
-
Dividends
7 000
11 550
-
-
withholding
1 330
2 195
-
-
total
1 330
2 195
-
-
Income
115 500
115 500
115 500
115 500
Total tax
85 800
106 145
54 948
36 320
After tax
29 700
9 355
60 552
79 180
Living cost
24 030
24 030
24 030
24 030
Free-cash
5 670
-14 675
36 522
55 150

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

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Skopje , Macedonia
₽83498
₽79550
₽51953
₽61422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
115 500
work injury
-
-
-
578
health insurance
-
-
-
8 547
income
-
-
-
18 089
pensions
-
-
-
21 252
unemployment
-
-
-
1 386
total
-
-
-
49 852
Employee

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

21 911
-
115 500
-
work injury
110
-
405
-
income
2 191
-
18 089
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
40 383
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 589
115 500
-
-
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%.

-
1 155
-
-
total
-
1 155
-
-
Dividends
93 589
114 345
-
-
withholding
14 038
17 152
-
-
total
14 038
17 152
-
-
Income
115 500
115 500
115 500
115 500
Total tax
22 255
18 307
40 383
49 852
After tax
93 245
97 193
75 117
65 648
Living cost
13 695
13 695
13 695
13 695
Free-cash
79 550
83 498
61 422
51 953

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
₽20362
₽15737
₽16606
₽11323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
115 500
municipal
-
-
-
771
regional
-
-
-
2 434
national
-
-
-
25 505
social contributions
-
-
-
29 707
total
-
-
-
58 417
Employee
85 618
-
115 500
-
social contributions
28 870
-
38 946
-
regional
1 293
-
2 072
-
municipal
511
-
688
-
national
14 469
-
21 994
-
total
45 143
-
63 700
-
Employer
85 618
-
115 500
-
total
-
-
-
-
Corporate
29 882
115 500
-
-
nationa
7 173
27 721
-
-
municipal
1 440
5 566
-
-
total
8 613
33 287
-
-
Dividends
21 269
82 213
-
-
withholding
5 530
21 375
-
-
total
5 530
21 375
-
-
Income
115 500
115 500
115 500
115 500
Total tax
59 286
54 662
63 700
58 417
After tax
56 214
60 838
51 800
57 083
Living cost
40 476
40 476
40 476
40 476
Free-cash
15 737
20 362
11 323
16 606

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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