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
₽ 116500
per

Your estimated
City
free-cash

Dresden , Germany
₽37820
₽30138
₽40616
₽49228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
health

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

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

-
-
-
6 475
trade
-
-
-
11 408
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.

-
-
-
1 673
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.

-
-
-
30 418
total
-
-
-
49 974
Employee

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

36 249
-
116 500
-
health

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

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

6 475
-
6 475
-
surtax

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

56
-
1 673
-
income

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

1 013
-
30 418
-
total
7 544
-
38 566
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 251
116 500
-
-
trade
12 640
18 348
-
-
chamber of commerce
259
311
-
-
surtax

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

662
960
-
-
income
12 037
17 474
-
-
total
25 598
37 093
-
-
Dividends
54 652
79 406
-
-
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.

732
1 072
-
-
withholding
13 304
19 491
-
-
total
14 036
20 563
-
-
Income
116 500
116 500
116 500
116 500
Total tax
47 178
57 656
38 566
49 974
After tax
69 322
58 844
77 934
66 526
Living cost
28 706
28 706
28 706
28 706
Free-cash
40 616
30 138
49 228
37 820

Estimated living cost  is ₽28706 per week

₽18057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽19581
₽22502
₽21667
₽20494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
municipal
-
-
-
12 352
social contributions
-
-
-
1 252
national
-
-
-
19 141
pensions
-
-
-
13 980
total
-
-
-
46 725
Employee
77 810
-
100 713
-
pensions
3 112
-
4 029
-
national
14 893
-
19 840
-
municipal
9 611
-
12 803
-
total
27 616
-
36 672
-
Employer
77 810
-
100 713
-
pensions
6 225
-
8 057
-
social contributions
836
-
1 083
-
total
7 061
-
9 140
-
Corporate
26 493
116 500
-
-
income

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

5 299
23 300
-
-
total
5 299
23 300
-
-
Dividends
21 195
93 200
-
-
withholding
4 663
20 504
-
-
total
4 663
20 504
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 639
43 804
45 812
46 725
After tax
71 861
72 696
70 688
69 775
Living cost
50 194
50 194
50 194
50 194
Free-cash
21 667
22 502
20 494
19 581

Estimated living cost  is ₽50194 per week

₽34116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽13399
₽73483
₽65707
₽45701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
social contributions

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

-
-
-
36 312
income
-
-
-
17 364
microenterprise
-
-
-
-
surtax
-
-
-
29 708
total
-
-
-
83 384
Employee
27 693
-
93 884
-
surtax
-
-
-
-
social contributions

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

3 047
-
10 327
-
income
4 930
-
18 139
-
total
7 977
-
28 466
-
Employer
27 693
-
93 884
-
surtax
-
-
-
-
social contributions

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

6 671
-
22 616
-
total
6 671
-
22 616
-
Corporate
82 136
116 500
-
-
income

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

16 428
23 300
-
-
total
16 428
23 300
-
-
Dividends

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

65 708
93 200
-
-
total
-
-
-
-
Income
116 500
116 500
116 500
116 500
Total tax
31 076
23 300
51 082
83 384
After tax
85 424
93 200
65 418
33 116
Living cost
19 717
19 717
19 717
19 717
Free-cash
65 707
73 483
45 701
13 399

Estimated living cost  is ₽19717 per week

₽12579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽27210
₽17226
₽11417
₽23484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
11 687
pensions
-
-
-
11 104
income
-
-
-
26 797
total
-
-
-
49 588
Employee
80 933
80 933
99 141
-
health
12 422
10 566
11 604
-
pensions
14 568
11 104
11 104
-
income

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

13 247
13 247
13 247
-
total
40 237
34 917
35 955
-
Employer
80 933
80 933
99 141
-
health
5 626
5 626
6 890
-
pensions
5 633
5 633
6 901
-
unemployment
2 914
2 914
3 568
-
total
14 173
14 173
17 359
-
Corporate
22 387
21 394
-
-
income
4 478
4 279
-
-
total
4 478
4 279
-
-
Dividends
17 909
17 116
-
-
income
3 806
3 637
-
-
withholding
2 687
2 566
-
-
total
6 493
6 203
-
-
Income
116 500
116 500
116 500
116 500
Total tax
65 381
59 572
53 314
49 588
After tax
51 119
56 928
63 186
66 912
Living cost
39 702
39 702
39 702
39 702
Free-cash
11 417
17 226
23 484
27 210

Estimated living cost  is ₽39702 per week

₽28136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽22559
₽23929
₽23039
₽21491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
5 427
accident
-
-
-
174
other
-
-
-
10 105
municipal
-
-
-
27 228
pensions
-
-
-
9 401
national
-
-
-
1 839
unemployment
-
-
-
87
total
-
-
-
54 261
Employee
56 541
-
89 176
-
national
-
-
1 413
-
municipal
16 860
-
26 592
-
total
16 860
-
28 005
-
Employer
56 541
-
89 176
-
health
3 477
-
5 348
-
accident
113
-
174
-
pensions
6 112
-
9 401
-
other
6 570
-
10 105
-
unemployment
1 493
-
2 296
-
total
17 765
-
27 324
-
Corporate
42 194
116 500
-
-
income
9 283
25 630
-
-
total
9 283
25 630
-
-
Dividends
32 911
90 870
-
-
withholding
9 873
27 261
-
-
total
9 873
27 261
-
-
Income
116 500
116 500
116 500
116 500
Total tax
53 781
52 891
55 329
54 261
After tax
62 719
63 609
61 171
62 239
Living cost
39 680
39 680
39 680
39 680
Free-cash
23 039
23 929
21 491
22 559

Estimated living cost  is ₽39680 per week

₽26299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽28788
₽21013
₽34327
₽40703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
health

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

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

-
-
-
6 475
trade
-
-
-
11 915
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.

-
-
-
1 673
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.

-
-
-
30 418
total
-
-
-
50 481
Employee

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

48 062
-
116 500
-
health

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

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

6 475
-
6 475
-
surtax

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

227
-
1 673
-
income

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

4 129
-
30 418
-
total
10 831
-
38 566
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 438
116 500
-
-
trade
11 259
19 165
-
-
chamber of commerce
241
309
-
-
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.

565
960
-
-
income
10 266
17 474
-
-
total
22 331
37 908
-
-
Dividends
46 108
78 591
-
-
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.

613
1 061
-
-
withholding
11 167
19 287
-
-
total
11 780
20 348
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 942
58 256
38 566
50 481
After tax
71 558
58 244
77 934
66 019
Living cost
37 231
37 231
37 231
37 231
Free-cash
34 327
21 013
40 703
28 788

Estimated living cost  is ₽37231 per week

₽24900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽50928
₽54413
₽50481
₽49677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
2 971
social contributions
-
-
-
15 334
income
-
-
-
16 527
total
-
-
-
34 832
Employee
72 877
72 877
106 374
-
health
725
1 239
1 808
-
social contributions
3 541
6 048
8 158
-
income
7 653
6 746
15 991
-
total
11 919
14 033
25 957
-
Employer
72 877
72 877
106 374
-
health
790
1 349
1 968
-
social contributions
3 541
6 048
8 158
-
total
4 331
7 397
10 126
-
Corporate
69 510
36 226
-
-
income
8 689
4 529
-
-
total
8 689
4 529
-
-
Dividends
60 822
31 697
-
-
withholding
10 340
5 388
-
-
total
10 340
5 388
-
-
Income
116 500
116 500
116 500
116 500
Total tax
35 279
31 347
36 083
34 832
After tax
81 221
85 153
80 417
81 668
Living cost
30 740
30 740
30 740
30 740
Free-cash
50 481
54 413
49 677
50 928

Estimated living cost  is ₽30740 per week

₽21014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽63356
₽48201
₽48564
₽50188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
8 155
pensions
-
-
-
11 650
unemployment
-
-
-
1 748
income
-
-
-
14 242
total
-
-
-
35 795
Employee

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

The minimum wage is 138,000 HUF per month.

25 043
9 967
97 490
-
health
1 753
698
6 824
-
pensions
2 504
997
9 749
-
unemployment
376
150
1 462
-
income
3 062
1 218
11 918
-
total
7 695
3 063
29 953
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 043
9 967
97 490
-
pensions
4 883
1 944
19 010
-
total
4 883
1 944
19 010
-
Corporate
86 573
104 590
-
-
income
7 792
9 413
-
-
total
7 792
9 413
-
-
Dividends
78 782
95 176
-
-
social contributions
15 249
18 446
-
-
withholding
14 968
18 084
-
-
total
30 217
36 530
-
-
Income
116 500
116 500
116 500
116 500
Total tax
50 587
50 950
48 963
35 795
After tax
65 913
65 550
67 537
80 705
Living cost
17 349
17 349
17 349
17 349
Free-cash
48 564
48 201
50 188
63 356

Estimated living cost  is ₽17349 per week

₽11839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽39553
₽70309
₽64419
₽44258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
15 145
pensions
-
-
-
23 300
income
-
-
-
15 611
total
-
-
-
54 056
Employee
26 886
-
87 069
-
pensions
538
-
1 741
-
unemployment
430
-
1 394
-
income
3 027
-
16 787
-
total
3 995
-
19 922
-
Employer
26 886
-
87 069
-
health
3 495
-
11 320
-
pensions
5 378
-
17 413
-
unemployment
216
-
696
-
total
9 089
-
29 429
-
Corporate
80 526
116 500
-
-
income
16 106
23 300
-
-
total
16 106
23 300
-
-
Dividends
64 420
93 200
-
-
total
-
-
-
-
Income
116 500
116 500
116 500
116 500
Total tax
29 190
23 300
49 351
54 056
After tax
87 310
93 200
67 149
62 444
Living cost
22 891
22 891
22 891
22 891
Free-cash
64 419
70 309
44 258
39 553

Estimated living cost  is ₽22891 per week

₽15701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽58804
-₽11586
₽6212
₽40435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
30 018
total
-
-
-
36 673
Employee
33 070
-
101 779
-
health
3 787
-
11 654
-
pensions
3 724
-
7 291
-
income
4 537
-
21 375
-
total
12 048
-
40 320
-
Employer
33 070
-
101 779
-
accident
552
-
1 700
-
pensions
5 377
-
10 528
-
unemployment
810
-
2 494
-
total
6 739
-
14 722
-
Corporate
76 690
116 500
-
-
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.

69 021
104 850
-
-
total
69 021
104 850
-
-
Dividends
7 669
11 650
-
-
withholding
1 457
2 213
-
-
total
1 457
2 213
-
-
Income
116 500
116 500
116 500
116 500
Total tax
89 265
107 063
55 042
36 673
After tax
27 235
9 437
61 458
79 827
Living cost
21 023
21 023
21 023
21 023
Free-cash
6 212
-11 586
40 435
58 804

Estimated living cost  is ₽21023 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽107536
₽102876
₽101414
₽85401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
116 500
microenterprise

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

-
-
-
1 165
total
-
-
-
1 165
Employee
9 748
-
116 500
-
income
1 949
-
23 300
-
total
1 949
-
23 300
-
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%.

106 752
116 500
-
-
total
-
-
-
-
Dividends
106 752
116 500
-
-
withholding
5 338
5 825
-
-
total
5 338
5 825
-
-
Income
116 500
116 500
116 500
116 500
Total tax
7 287
5 825
23 300
1 165
After tax
109 213
110 675
93 200
115 335
Living cost
7 799
7 799
7 799
7 799
Free-cash
101 414
102 876
85 401
107 536

Estimated living cost  is ₽7799 per week

₽4833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽37165
₽60340
₽53940
₽41987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
5 126
other
-
-
-
5 534
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.

-
-
-
27 962
income
-
-
-
15 460
total
-
-
-
54 082
Employee
34 411
-
93 053
-
health
482
-
1 302
-
pensions

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

2 408
-
6 514
-
unemployment
344
-
930
-
income
5 924
-
17 066
-
total
9 158
-
25 812
-
Employer
34 411
-
93 053
-
health
482
-
1 302
-
accident
275
-
745
-
pensions

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

5 851
-
15 818
-
other
1 721
-
4 653
-
unemployment
344
-
930
-
total
8 673
-
23 448
-
Corporate
73 416
116 500
-
-
income
15 417
24 465
-
-
total
15 417
24 465
-
-
Dividends
57 999
92 035
-
-
withholding
4 059
6 442
-
-
total
4 059
6 442
-
-
Income
116 500
116 500
116 500
116 500
Total tax
37 307
30 907
49 260
54 082
After tax
79 193
85 593
67 240
62 418
Living cost
25 253
25 253
25 253
25 253
Free-cash
53 940
60 340
41 987
37 165

Estimated living cost  is ₽25253 per week

₽17843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽17780
₽18423
₽11069
₽6958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
pensions
-
-
-
7 505
income
-
-
-
27 982
total
-
-
-
35 487
Employee
89 466
-
102 232
-
health
1 474
-
1 677
-
pensions
8 631
-
9 598
-
income
16 127
-
20 766
-
total
26 232
-
32 041
-
Employer
89 466
-
102 232
-
health
1 699
-
1 943
-
pensions
10 563
-
12 325
-
total
12 262
-
14 268
-
Corporate
14 772
116 500
-
-
income

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

2 807
22 135
-
-
total
2 807
22 135
-
-
Dividends
11 965
94 365
-
-
withholding
897
12 709
-
-
total
897
12 709
-
-
Income
116 500
116 500
116 500
116 500
Total tax
42 198
34 844
46 309
35 487
After tax
74 302
81 656
70 191
81 013
Living cost
63 233
63 233
63 233
63 233
Free-cash
11 069
18 423
6 958
17 780

Estimated living cost  is ₽63233 per week

₽47382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽77853
₽87236
₽82854
₽81885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
3 790
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
income
-
-
-
17 475
total
-
-
-
26 275
Employee
16 382
-
110 033
-
health
753
-
1 516
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
11 003
-
total
4 009
-
15 776
-
Employer
16 382
-
110 033
-
health
1 131
-
2 274
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 805
-
3 632
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
96 904
116 500
-
-
income
9 690
11 650
-
-
total
9 690
11 650
-
-
Dividends
87 214
104 850
-
-
withholding
4 361
5 242
-
-
total
4 361
5 242
-
-
Income
116 500
116 500
116 500
116 500
Total tax
21 274
16 892
22 243
26 275
After tax
95 226
99 608
94 257
90 225
Living cost
12 372
12 372
12 372
12 372
Free-cash
82 854
87 236
81 885
77 853

Estimated living cost  is ₽12372 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽14358
₽4374
₽6757
₽10632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
11 687
pensions
-
-
-
11 104
income
-
-
-
26 797
total
-
-
-
49 588
Employee
87 867
80 933
99 141
-
health
10 962
10 566
11 604
-
pensions
11 104
11 104
11 104
-
income

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

13 247
13 247
13 247
-
total
35 313
34 917
35 955
-
Employer
87 867
80 933
99 141
-
health
6 106
5 626
6 890
-
pensions
6 115
5 633
6 901
-
unemployment
3 164
2 914
3 568
-
total
15 385
14 173
17 359
-
Corporate
13 248
21 394
-
-
income
2 649
4 279
-
-
total
2 649
4 279
-
-
Dividends
10 599
17 116
-
-
income
2 252
3 637
-
-
withholding
1 590
2 566
-
-
total
3 842
6 203
-
-
Income
116 500
116 500
116 500
116 500
Total tax
57 189
59 572
53 314
49 588
After tax
59 311
56 928
63 186
66 912
Living cost
52 554
52 554
52 554
52 554
Free-cash
6 757
4 374
10 632
14 358

Estimated living cost  is ₽52554 per week

₽38767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽33571
₽56781
₽48422
₽35690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
15 727
social contributions
-
-
-
33 714
solidarity contribution
-
-
-
-
income
-
-
-
10 059
total
-
-
-
59 500
Employee
34 455
-
86 940
-
health
4 651
-
11 737
-
solidarity contribution
-
-
-
-
social contributions
2 240
-
5 651
-
income
4 135
-
10 433
-
total
11 026
-
27 821
-
Employer
34 455
-
86 940
-
health
3 101
-
7 825
-
social contributions
8 614
-
21 735
-
total
11 715
-
29 560
-
Corporate
70 330
116 500
-
-
income
13 363
22 135
-
-
total
13 363
22 135
-
-
Dividends
56 968
94 365
-
-
withholding
8 545
14 155
-
-
total
8 545
14 155
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 649
36 290
57 381
59 500
After tax
71 851
80 210
59 119
57 000
Living cost
23 429
23 429
23 429
23 429
Free-cash
48 422
56 781
35 690
33 571

Estimated living cost  is ₽23429 per week

₽16274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽18264
₽22167
₽17218
₽12722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
regional
-
-
-
1 324
municipal
-
-
-
692
social contributions
-
-
-
29 963
national
-
-
-
26 266
total
-
-
-
58 245
Employee
84 229
-
116 500
-
regional
795
-
1 163
-
national
14 595
-
22 724
-
social contributions
28 402
-
39 283
-
municipal
446
-
617
-
total
44 238
-
63 787
-
Employer
84 229
-
116 500
-
total
-
-
-
-
Corporate
32 271
116 500
-
-
nationa
7 744
27 960
-
-
municipal
1 259
4 543
-
-
total
9 003
32 503
-
-
Dividends
23 267
83 997
-
-
withholding
6 050
21 839
-
-
total
6 050
21 839
-
-
Income
116 500
116 500
116 500
116 500
Total tax
59 291
54 342
63 787
58 245
After tax
57 209
62 158
52 713
58 255
Living cost
39 991
39 991
39 991
39 991
Free-cash
17 218
22 167
12 722
18 264

Estimated living cost  is ₽39991 per week

₽27877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽35645
₽52365
₽49415
₽33726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
8 271
other
-
-
-
-
pensions
-
-
-
23 300
unemployment
-
-
-
216
income
-
-
-
24 812
surtax
-
-
-
3 343
total
-
-
-
59 942
Employee
31 341
-
96 242
-
health
800
-
2 455
-
pensions
2 090
-
6 419
-
unemployment
2 182
-
6 698
-
surtax
103
-
3 039
-
income
5 253
-
22 992
-
other
-
-
-
-
total
10 428
-
41 603
-
Employer
31 341
-
96 242
-
health
1 426
-
4 379
-
pensions
4 178
-
12 829
-
other
-
-
-
-
unemployment
993
-
3 050
-
total
6 597
-
20 258
-
Corporate
78 562
116 500
-
-
income
20 426
30 291
-
-
total
20 426
30 291
-
-
Dividends
58 136
86 209
-
-
withholding
8 721
12 931
-
-
total
8 721
12 931
-
-
Income
116 500
116 500
116 500
116 500
Total tax
46 172
43 222
61 861
59 942
After tax
70 328
73 278
54 639
56 558
Living cost
20 913
20 913
20 913
20 913
Free-cash
49 415
52 365
33 726
35 645

Estimated living cost  is ₽20913 per week

₽12787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽37813
₽38456
₽36649
₽26991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
pensions
-
-
-
7 505
income
-
-
-
27 982
total
-
-
-
35 487
Employee
59 958
-
102 232
-
health
870
-
1 677
-
pensions
5 089
-
9 598
-
income
10 799
-
20 766
-
total
16 758
-
32 041
-
Employer
59 958
-
102 232
-
health
1 139
-
1 943
-
pensions
6 490
-
12 325
-
total
7 629
-
14 268
-
Corporate
48 913
116 500
-
-
income

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

9 293
22 135
-
-
total
9 293
22 135
-
-
Dividends
39 620
94 365
-
-
withholding
2 971
12 709
-
-
total
2 971
12 709
-
-
Income
116 500
116 500
116 500
116 500
Total tax
36 651
34 844
46 309
35 487
After tax
79 849
81 656
70 191
81 013
Living cost
43 200
43 200
43 200
43 200
Free-cash
36 649
38 456
26 991
37 813

Estimated living cost  is ₽43200 per week

₽32365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽19225
-₽24061
₽9029
₽13447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
262
city
-
-
-
1 227
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.

-
-
-
2 330
regional
-
-
-
4 417
pensions
-
-
-
10 718
national
-
-
-
987
total
-
-
-
19 941
Employee
90 501
-
104 277
-
health
205
-
234
-
regional
2 963
-
3 784
-
pensions
7 603
-
8 757
-
unemployment
-
-
-
-
national
428
-
747
-
city
971
-
1 120
-
total
12 170
-
14 642
-
Employer
90 501
-
104 277
-
health
205
-
234
-
pensions
7 603
-
8 757
-
other

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

1 809
-
2 086
-
unemployment
-
-
-
-
total
9 617
-
11 077
-
Corporate
15 387
116 500
-
-
national
1 307
9 903
-
-
regional
3 253
24 639
-
-
total
4 560
34 542
-
-
Dividends
10 827
81 958
-
-
withholding
3 790
28 685
-
-
total
3 790
28 685
-
-
Income
116 500
116 500
116 500
116 500
Total tax
30 137
63 227
25 719
19 941
After tax
86 363
53 273
90 781
96 559
Living cost
77 334
77 334
77 334
77 334
Free-cash
9 029
-24 061
13 447
19 225

Estimated living cost  is ₽77334 per week

₽50289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽22096
₽14228
₽29596
₽34518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
health

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

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

-
-
-
6 475
trade
-
-
-
12 422
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.

-
-
-
1 673
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.

-
-
-
30 418
total
-
-
-
50 988
Employee

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

56 957
-
116 500
-
health

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

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

6 475
-
6 475
-
surtax

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

369
-
1 673
-
income

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

6 698
-
30 418
-
total
13 542
-
38 566
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 543
116 500
-
-
trade
10 212
19 980
-
-
chamber of commerce
228
308
-
-
surtax

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

491
960
-
-
income
8 931
17 474
-
-
total
19 862
38 722
-
-
Dividends
39 680
77 778
-
-
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.

525
1 050
-
-
withholding
9 559
19 084
-
-
total
10 084
20 134
-
-
Income
116 500
116 500
116 500
116 500
Total tax
43 488
58 856
38 566
50 988
After tax
73 012
57 644
77 934
65 512
Living cost
43 416
43 416
43 416
43 416
Free-cash
29 596
14 228
34 518
22 096

Estimated living cost  is ₽43416 per week

₽31710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽34045
₽26290
₽31890
₽37211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
3 352
other
-
-
-
3 611
pensions
-
-
-
25 581
social contributions
-
-
-
3 318
income
-
-
-
14 168
surtax
-
-
-
-
total
-
-
-
50 030
Employee
40 562
-
93 017
-
pensions
4 586
-
5 252
-
surtax
-
-
-
-
social contributions
1 156
-
2 651
-
income
2 394
-
15 477
-
total
8 136
-
23 380
-
Employer
40 562
-
93 017
-
health
2 840
-
7 168
-
pensions
6 664
-
9 060
-
other
1 399
-
3 209
-
social contributions
122
-
279
-
unemployment
1 642
-
3 768
-
total
12 667
-
23 484
-
Corporate
63 271
116 500
-
-
surtax
-
-
-
-
income
17 715
32 620
-
-
total
17 715
32 620
-
-
Dividends
45 556
83 880
-
-
social contributions
7 836
14 428
-
-
surtax
-
-
-
-
withholding
5 831
10 737
-
-
total
13 667
25 165
-
-
Income
116 500
116 500
116 500
116 500
Total tax
52 185
57 785
46 864
50 030
After tax
64 315
58 715
69 636
66 470
Living cost
32 425
32 425
32 425
32 425
Free-cash
31 890
26 290
37 211
34 045

Estimated living cost  is ₽32425 per week

₽20446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽37257
₽29502
₽34769
₽40423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
3 352
other
-
-
-
3 611
pensions
-
-
-
25 581
social contributions
-
-
-
3 318
income
-
-
-
14 168
surtax
-
-
-
-
total
-
-
-
50 030
Employee
36 207
-
93 017
-
pensions
4 095
-
5 252
-
surtax
-
-
-
-
social contributions
1 032
-
2 651
-
income
1 867
-
15 477
-
total
6 994
-
23 380
-
Employer
36 207
-
93 017
-
health
2 534
-
7 168
-
pensions
5 949
-
9 060
-
other
1 250
-
3 209
-
social contributions
108
-
279
-
unemployment
1 466
-
3 768
-
total
11 307
-
23 484
-
Corporate
68 986
116 500
-
-
surtax
-
-
-
-
income
19 316
32 620
-
-
total
19 316
32 620
-
-
Dividends
49 670
83 880
-
-
social contributions
8 543
14 428
-
-
surtax
-
-
-
-
withholding
6 358
10 737
-
-
total
14 901
25 165
-
-
Income
116 500
116 500
116 500
116 500
Total tax
52 518
57 785
46 864
50 030
After tax
63 982
58 715
69 636
66 470
Living cost
29 213
29 213
29 213
29 213
Free-cash
34 769
29 502
40 423
37 257

Estimated living cost  is ₽29213 per week

₽16942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽54721
₽50980
₽51468
₽53800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
8 131
social contributions
-
-
-
16 077
income
-
-
-
17 474
total
-
-
-
41 682
Employee
32 134
-
116 500
-
health
2 243
-
8 131
-
social contributions
4 435
-
16 077
-
income
5 360
-
18 395
-
total
12 038
-
42 603
-
Employer
32 134
-
116 500
-
total
-
-
-
-
Corporate
84 366
116 500
-
-
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%.

4 218
5 825
-
-
total
4 218
5 825
-
-
Dividends
80 148
110 675
-
-
social contributions
11 061
15 273
-
-
health
5 595
7 725
-
-
withholding
12 023
16 600
-
-
total
28 679
39 598
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 935
45 423
42 603
41 682
After tax
71 565
71 077
73 897
74 818
Living cost
20 097
20 097
20 097
20 097
Free-cash
51 468
50 980
53 800
54 721

Estimated living cost  is ₽20097 per week

₽13449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽24689
₽31545
₽30077
-₽842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
8 469
pensions
-
-
-
20 483
unemployment
-
-
-
5 813
income
-
-
-
22 998
chamber of commerce
-
-
-
466
surtax
-
-
-
187
total
-
-
-
58 416
Employee
47 364
37 769
90 315
-
health
1 833
1 462
3 495
-
pensions
4 851
3 867
9 248
-
unemployment
1 421
1 133
2 709
-
income
5 392
2 786
19 733
-
other
473
378
903
-
total
13 970
9 626
36 088
-
Employer
47 364
37 769
90 315
-
payroll
1 421
1 133
2 709
-
health
1 790
1 428
3 414
-
surtax
187
187
187
-
accident
615
491
1 174
-
pensions
5 944
4 741
11 334
-
chamber of commerce
189
151
362
-
other
2 250
1 793
4 289
-
unemployment
1 421
1 133
2 709
-
total
13 817
11 057
26 178
-
Corporate
55 320
67 674
86 726
-
income

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

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

13 831
16 919
21 681
-
total
13 831
16 919
21 681
-
Dividends
41 489
50 755
-
-
withholding
11 410
13 958
-
-
total
11 410
13 958
-
-
Income
116 500
116 500
116 500
116 500
Total tax
53 028
51 560
83 947
58 416
After tax
63 472
64 940
32 553
58 084
Living cost
33 395
33 395
33 395
33 395
Free-cash
30 077
31 545
-842
24 689

Estimated living cost  is ₽33395 per week

₽22273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽17848
₽30704
₽16490
₽9275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
social contributions
-
-
-
18 577
national
-
-
-
39 643
communal

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

-
-
-
5 876
total
-
-
-
64 096
Employee

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

67 792
-
90 233
-
health

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

3 185
-
4 241
-
pensions

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

5 084
-
6 768
-
unemployment

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

590
-
784
-
national
20 842
-
29 902
-
communal

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

3 536
-
4 707
-
total
33 237
-
46 402
-
Employer

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

67 792
-
90 233
-
health

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

4 169
-
5 548
-
surtax
7 687
-
10 234
-
accident

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

881
-
1 174
-
pensions

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

6 007
-
7 994
-
unemployment

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

989
-
1 317
-
total
19 733
-
26 267
-
Corporate
28 974
116 500
-
-
surtax
115
466
-
-
income
5 795
23 300
-
-
total
5 910
23 766
-
-
Dividends
23 064
92 734
-
-
withholding

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

6 574
27 474
-
-
total
6 574
27 474
-
-
Income
116 500
116 500
116 500
116 500
Total tax
65 454
51 240
72 669
64 096
After tax
51 046
65 260
43 831
52 404
Living cost
34 556
34 556
34 556
34 556
Free-cash
16 490
30 704
9 275
17 848

Estimated living cost  is ₽34556 per week

₽22258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽30297
₽44037
₽36666
₽25743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
accident
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
25 623
total
-
-
-
51 976
Employee
47 176
-
88 495
-
pensions
2 218
-
4 129
-
unemployment
732
-
1 361
-
other
47
-
88
-
income
9 954
-
22 948
-
total
12 951
-
28 526
-
Employer
47 176
-
88 495
-
accident
933
-
1 739
-
pensions
11 133
-
20 731
-
other
376
-
703
-
unemployment
2 595
-
4 831
-
total
15 037
-
28 004
-
Corporate
54 286
116 500
-
-
income

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

8 144
17 474
-
-
total
8 144
17 474
-
-
Dividends
46 143
99 026
-
-
withholding
9 475
20 762
-
-
total
9 475
20 762
-
-
Income
116 500
116 500
116 500
116 500
Total tax
45 607
38 236
56 530
51 976
After tax
70 893
78 264
59 970
64 524
Living cost
34 227
34 227
34 227
34 227
Free-cash
36 666
44 037
25 743
30 297

Estimated living cost  is ₽34227 per week

₽25204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽11742
₽18907
₽9913
₽16387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
8 185
accident
-
-
-
982
pensions
-
-
-
17 462
communal
-
-
-
7 363
income
-
-
-
13 487
surtax
-
-
-
5 775
total
-
-
-
53 254
Employee
71 772
-
104 063
-
health
3 194
-
4 631
-
pensions
5 741
-
8 325
-
surtax
4 399
-
6 378
-
income
6 932
-
16 839
-
total
20 266
-
36 173
-
Employer
71 772
-
104 063
-
health
2 189
-
3 174
-
accident
646
-
937
-
pensions
5 741
-
8 325
-
total
8 576
-
12 436
-
Corporate
36 153
116 500
-
-
communal
2 441
7 863
-
-
surtax
379
1 223
-
-
income
5 423
17 474
-
-
total
8 243
26 560
-
-
Dividends
27 910
89 940
-
-
income
13 811
6 038
-
-
withholding
4 187
13 491
-
-
total
17 998
19 529
-
-
Income
116 500
116 500
116 500
116 500
Total tax
55 083
46 089
48 609
53 254
After tax
61 417
70 411
67 891
63 246
Living cost
51 504
51 504
51 504
51 504
Free-cash
9 913
18 907
16 387
11 742

Estimated living cost  is ₽51504 per week

₽38636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽35271
₽51991
₽48977
₽33352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
8 271
other
-
-
-
-
pensions
-
-
-
23 300
unemployment
-
-
-
216
income
-
-
-
24 812
surtax
-
-
-
3 343
total
-
-
-
59 942
Employee
31 917
-
96 242
-
health
815
-
2 455
-
pensions
2 129
-
6 419
-
unemployment
2 221
-
6 698
-
surtax
113
-
3 039
-
income
5 351
-
22 992
-
other
-
-
-
-
total
10 629
-
41 603
-
Employer
31 917
-
96 242
-
health
1 451
-
4 379
-
pensions
4 255
-
12 829
-
other
-
-
-
-
unemployment
1 013
-
3 050
-
total
6 719
-
20 258
-
Corporate
77 864
116 500
-
-
income
20 244
30 291
-
-
total
20 244
30 291
-
-
Dividends
57 620
86 209
-
-
withholding
8 644
12 931
-
-
total
8 644
12 931
-
-
Income
116 500
116 500
116 500
116 500
Total tax
46 236
43 222
61 861
59 942
After tax
70 264
73 278
54 639
56 558
Living cost
21 287
21 287
21 287
21 287
Free-cash
48 977
51 991
33 352
35 271

Estimated living cost  is ₽21287 per week

₽12852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽32293
₽35705
₽33600
₽26779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
regional
-
-
-
1 756
municipal
-
-
-
692
social contributions
-
-
-
29 963
national
-
-
-
26 266
total
-
-
-
58 677
Employee
52 573
-
116 500
-
regional
708
-
1 567
-
national
8 329
-
22 724
-
social contributions
17 728
-
39 283
-
municipal
279
-
617
-
total
27 044
-
64 191
-
Employer
52 573
-
116 500
-
total
-
-
-
-
Corporate
63 927
116 500
-
-
nationa
15 343
27 960
-
-
municipal
3 178
5 789
-
-
total
18 521
33 749
-
-
Dividends
45 406
82 751
-
-
withholding
11 805
21 516
-
-
total
11 805
21 516
-
-
Income
116 500
116 500
116 500
116 500
Total tax
57 370
55 265
64 191
58 677
After tax
59 130
61 235
52 309
57 823
Living cost
25 530
25 530
25 530
25 530
Free-cash
33 600
35 705
26 779
32 293

Estimated living cost  is ₽25530 per week

₽15877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽28129
₽51339
₽41040
₽30248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
15 727
social contributions
-
-
-
33 714
solidarity contribution
-
-
-
-
income
-
-
-
10 059
total
-
-
-
59 500
Employee
42 458
-
86 940
-
health
5 732
-
11 737
-
solidarity contribution
-
-
-
-
social contributions
2 760
-
5 651
-
income
5 095
-
10 433
-
total
13 587
-
27 821
-
Employer
42 458
-
86 940
-
health
3 821
-
7 825
-
social contributions
10 614
-
21 735
-
total
14 435
-
29 560
-
Corporate
59 607
116 500
-
-
income
11 325
22 135
-
-
total
11 325
22 135
-
-
Dividends
48 281
94 365
-
-
withholding
7 242
14 155
-
-
total
7 242
14 155
-
-
Income
116 500
116 500
116 500
116 500
Total tax
46 589
36 290
57 381
59 500
After tax
69 911
80 210
59 119
57 000
Living cost
28 871
28 871
28 871
28 871
Free-cash
41 040
51 339
30 248
28 129

Estimated living cost  is ₽28871 per week

₽21470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽28035
₽34807
₽34335
₽2345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
8 469
pensions
-
-
-
20 483
unemployment
-
-
-
5 813
income
-
-
-
22 998
chamber of commerce
-
-
-
466
surtax
-
-
-
-
total
-
-
-
58 229
Employee
41 428
37 769
90 463
-
health
1 602
1 462
3 502
-
pensions
4 243
3 867
9 264
-
unemployment
1 243
1 133
2 714
-
income
3 691
2 786
19 782
-
other
414
378
905
-
total
11 193
9 626
36 167
-
Employer
41 428
37 769
90 463
-
payroll
1 243
1 133
2 714
-
health
1 567
1 428
3 419
-
surtax
-
-
-
-
accident
538
491
1 176
-
pensions
5 200
4 741
11 352
-
chamber of commerce
165
151
362
-
other
1 968
1 793
4 298
-
unemployment
1 243
1 133
2 714
-
total
11 924
10 870
26 035
-
Corporate
63 149
67 861
86 868
-
income

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

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

15 787
16 965
21 717
-
total
15 787
16 965
21 717
-
Dividends
47 362
50 896
-
-
withholding
13 025
13 996
-
-
total
13 025
13 996
-
-
Income
116 500
116 500
116 500
116 500
Total tax
51 929
51 457
83 919
58 229
After tax
64 571
65 043
32 581
58 271
Living cost
30 236
30 236
30 236
30 236
Free-cash
34 335
34 807
2 345
28 035

Estimated living cost  is ₽30236 per week

₽18138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽103182
₽98522
₽96243
₽81047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
116 500
microenterprise

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

-
-
-
1 165
total
-
-
-
1 165
Employee
15 192
-
116 500
-
income
3 039
-
23 300
-
total
3 039
-
23 300
-
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%.

101 308
116 500
-
-
total
-
-
-
-
Dividends
101 308
116 500
-
-
withholding
5 065
5 825
-
-
total
5 065
5 825
-
-
Income
116 500
116 500
116 500
116 500
Total tax
8 104
5 825
23 300
1 165
After tax
108 396
110 675
93 200
115 335
Living cost
12 153
12 153
12 153
12 153
Free-cash
96 243
98 522
81 047
103 182

Estimated living cost  is ₽12153 per week

₽8224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽33902
₽54791
₽46862
₽30561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
health
-
-
-
11 464
pensions
-
-
-
21 276
unemployment
-
-
-
174
income
-
-
-
24 263
total
-
-
-
57 177
Employee

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

41 909
-
100 804
-
health
2 707
-
6 512
-
pensions
6 496
-
15 626
-
unemployment
59
-
140
-
income
7 227
-
22 544
-
total
16 489
-
44 822
-
Employer

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

41 909
-
100 804
-
health
2 791
-
6 714
-
pensions
3 709
-
8 921
-
unemployment
25
-
61
-
total
6 525
-
15 696
-
Corporate
68 066
116 500
-
-
income
12 933
22 134
-
-
total
12 933
22 134
-
-
Dividends
55 133
94 366
-
-
withholding
8 270
14 154
-
-
total
8 270
14 154
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 217
36 288
60 518
57 177
After tax
72 283
80 212
55 982
59 323
Living cost
25 421
25 421
25 421
25 421
Free-cash
46 862
54 791
30 561
33 902

Estimated living cost  is ₽25421 per week

₽17446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽37299
₽27667
-₽32824
₽60113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
social contributions
-
-
-
13 281
income
-
-
-
22 708
total
-
-
-
35 989
Employee
61 960
-
-
-
social contributions
5 081
-
724
-
income
13 667
-
-
-
total
18 748
-
724
-
Employer
61 960
-
-
-
social contributions
87 364
-
12 451
-
total
87 364
-
12 451
-
Corporate
-
116 500
-
-
income
-
25 630
-
-
total
-
25 630
-
-
Dividends
-
90 870
-
-
income
-
19 991
-
-
total
-
19 991
-
-
Income
116 500
116 500
116 500
116 500
Total tax
106 112
45 621
13 175
35 989
After tax
10 388
70 879
103 325
80 511
Living cost
43 212
43 212
43 212
43 212
Free-cash
-32 824
27 667
60 113
37 299

Estimated living cost  is ₽43212 per week

₽28038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽34347
₽36538
₽35582
₽27068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
social contributions

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

-
-
-
40 485
income
-
-
-
11 940
surtax
-
-
-
-
total
-
-
-
52 425
Employee
43 589
-
94 141
-
surtax
-
-
-
-
social contributions
4 795
-
10 356
-
income
9 067
-
26 989
-
total
13 862
-
37 345
-
Employer
43 589
-
94 141
-
social contributions
10 352
-
22 359
-
total
10 352
-
22 359
-
Corporate
62 559
116 500
-
-
surtax
-
-
-
-
income
13 138
24 465
-
-
total
13 138
24 465
-
-
Dividends
49 421
92 035
-
-
withholding
13 838
25 769
-
-
total
13 838
25 769
-
-
Income
116 500
116 500
116 500
116 500
Total tax
51 190
50 234
59 704
52 425
After tax
65 310
66 266
56 796
64 075
Living cost
29 728
29 728
29 728
29 728
Free-cash
35 582
36 538
27 068
34 347

Estimated living cost  is ₽29728 per week

₽22242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽20695
₽12940
₽19455
₽23861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
3 352
other
-
-
-
3 611
pensions
-
-
-
25 581
social contributions
-
-
-
3 318
income
-
-
-
14 168
surtax
-
-
-
-
total
-
-
-
50 030
Employee
59 359
-
93 017
-
pensions
6 714
-
5 252
-
surtax
-
-
-
-
social contributions
1 691
-
2 651
-
income
5 179
-
15 477
-
total
13 584
-
23 380
-
Employer
59 359
-
93 017
-
health
4 155
-
7 168
-
pensions
9 753
-
9 060
-
other
2 049
-
3 209
-
social contributions
178
-
279
-
unemployment
2 405
-
3 768
-
total
18 540
-
23 484
-
Corporate
38 602
116 500
-
-
surtax
-
-
-
-
income
10 809
32 620
-
-
total
10 809
32 620
-
-
Dividends
27 793
83 880
-
-
social contributions
4 780
14 428
-
-
surtax
-
-
-
-
withholding
3 557
10 737
-
-
total
8 337
25 165
-
-
Income
116 500
116 500
116 500
116 500
Total tax
51 270
57 785
46 864
50 030
After tax
65 230
58 715
69 636
66 470
Living cost
45 775
45 775
45 775
45 775
Free-cash
19 455
12 940
23 861
20 695

Estimated living cost  is ₽45775 per week

₽30979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽59049
₽76360
₽73177
₽62145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
income
-
-
-
3 331
social contributions
-
-
-
25 631
total
-
-
-
28 962
Employee
30 469
-
100 866
-
social contributions
1 980
-
6 556
-
income
-
-
3 676
-
total
1 980
-
10 232
-
Employer
30 469
-
100 866
-
social contributions
4 723
-
15 634
-
total
4 723
-
15 634
-
Corporate
81 308
116 500
-
-
income
8 131
11 651
-
-
total
8 131
11 651
-
-
Dividends
73 177
104 849
-
-
total
-
-
-
-
Income
116 500
116 500
116 500
116 500
Total tax
14 834
11 651
25 866
28 962
After tax
101 666
104 849
90 634
87 538
Living cost
28 489
28 489
28 489
28 489
Free-cash
73 177
76 360
62 145
59 049

Estimated living cost  is ₽28489 per week

₽18420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽25383
-₽89691
-₽89691
-₽89691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
municipal
-
-
-
22 777
labour market
-
-
-
9 254
national
-
-
-
12 689
pensions
-
-
-
820
total
-
-
-
45 540
Employee
192 370
192 370
192 370
-
pensions
273
273
273
-
labour market
15 368
15 368
15 368
-
national
23 501
23 501
23 501
-
municipal
40 964
40 964
40 964
-
total
80 106
80 106
80 106
-
Employer
192 370
192 370
192 370
-
municipal
41 029
41 029
41 029
-
labour market
15 390
15 390
15 390
-
national
23 542
23 542
23 542
-
pensions
547
547
547
-
total
80 508
80 508
80 508
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
116 500
116 500
116 500
116 500
Total tax
160 614
160 614
160 614
45 540
After tax
-44 114
-44 114
-44 114
70 960
Living cost
45 577
45 577
45 577
45 577
Free-cash
-89 691
-89 691
-89 691
25 383

Estimated living cost  is ₽45577 per week

₽31193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽59114
-₽11276
₽6260
₽40745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
30 018
total
-
-
-
36 673
Employee
32 583
-
101 779
-
health
3 731
-
11 654
-
pensions
3 669
-
7 291
-
income
4 470
-
21 375
-
total
11 870
-
40 320
-
Employer
32 583
-
101 779
-
accident
544
-
1 700
-
pensions
5 298
-
10 528
-
unemployment
798
-
2 494
-
total
6 640
-
14 722
-
Corporate
77 277
116 500
-
-
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.

69 549
104 850
-
-
total
69 549
104 850
-
-
Dividends
7 728
11 650
-
-
withholding
1 468
2 213
-
-
total
1 468
2 213
-
-
Income
116 500
116 500
116 500
116 500
Total tax
89 527
107 063
55 042
36 673
After tax
26 973
9 437
61 458
79 827
Living cost
20 713
20 713
20 713
20 713
Free-cash
6 260
-11 276
40 745
59 114

Estimated living cost  is ₽20713 per week

₽15077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽43907
₽39416
₽39441
₽27939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
116 500
health
-
-
-
1 399
municipal
-
-
-
20 719
national
-
-
-
14 089
total
-
-
-
36 207
Employee
49 863
-
98 006
-
health
372
-
1 113
-
pensions
3 365
-
6 615
-
unemployment
748
-
1 469
-
national
824
-
8 501
-
municipal
8 167
-
15 985
-
total
13 476
-
33 683
-
Employer
49 863
-
98 006
-
health
383
-
755
-
accident
50
-
97
-
pensions
8 651
-
17 003
-
unemployment
324
-
637
-
total
9 408
-
18 492
-
Corporate
57 229
116 500
-
-
income
11 446
23 300
-
-
total
11 446
23 300
-
-
Dividends

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

34 338
69 900
-
-
national
162
4 816
-
-
municipal
6 181
12 582
-
-
total
6 343
17 398
-
-
Income
116 500
116 500
116 500
116 500
Total tax
40 673
40 698
52 175
36 207
After tax
75 827
75 802
64 325
80 293
Living cost
36 386
36 386
36 386
36 386
Free-cash
39 441
39 416
27 939
43 907

Estimated living cost  is ₽36386 per week

₽23767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽59725
₽63210
₽58051
₽58474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
2 971
social contributions
-
-
-
15 334
income
-
-
-
16 527
total
-
-
-
34 832
Employee
72 877
72 877
106 374
-
health
565
1 239
1 808
-
social contributions
2 755
6 048
8 158
-
income
7 935
6 746
15 991
-
total
11 255
14 033
25 957
-
Employer
72 877
72 877
106 374
-
health
613
1 349
1 968
-
social contributions
2 755
6 048
8 158
-
total
3 368
7 397
10 126
-
Corporate
79 933
36 226
-
-
income
9 993
4 529
-
-
total
9 993
4 529
-
-
Dividends
69 941
31 697
-
-
withholding
11 890
5 388
-
-
total
11 890
5 388
-
-
Income
116 500
116 500
116 500
116 500
Total tax
36 506
31 347
36 083
34 832
After tax
79 994
85 153
80 417
81 668
Living cost
21 943
21 943
21 943
21 943
Free-cash
58 051
63 210
58 474
59 725

Estimated living cost  is ₽21943 per week

₽13151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽80530
₽81427
₽76605
₽61519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
116 500
health
-
-
-
3 430
pensions
-
-
-
6 029
unemployment
-
-
-
27
income
-
-
-
11 437
total
-
-
-
20 923
Employee

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

21 754
-
107 238
-
health
1 849
-
7 644
-
pensions
3 263
-
13 489
-
unemployment
108
-
450
-
income
1 487
-
9 088
-
total
6 707
-
30 671
-
Employer

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

21 754
-
107 238
-
health
935
-
3 867
-
pensions
1 196
-
4 946
-
unemployment
108
-
450
-
total
2 239
-
9 263
-
Corporate
92 507
116 500
-
-
income
8 325
10 485
-
-
total
8 325
10 485
-
-
Dividends
84 182
106 015
-
-
withholding
7 577
9 541
-
-
total
7 577
9 541
-
-
Income
116 500
116 500
116 500
116 500
Total tax
24 848
20 026
39 934
20 923
After tax
91 652
96 474
76 566
95 577
Living cost
15 047
15 047
15 047
15 047
Free-cash
76 605
81 427
61 519
80 530

Estimated living cost  is ₽15047 per week

₽9600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽38462
₽52202
₽47411
₽33908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
accident
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
25 623
total
-
-
-
51 976
Employee
35 044
-
88 495
-
pensions
1 647
-
4 129
-
unemployment
543
-
1 361
-
other
34
-
88
-
income
6 756
-
22 948
-
total
8 980
-
28 526
-
Employer
35 044
-
88 495
-
accident
694
-
1 739
-
pensions
8 270
-
20 731
-
other
281
-
703
-
unemployment
1 928
-
4 831
-
total
11 173
-
28 004
-
Corporate
70 284
116 500
-
-
income

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

10 543
17 474
-
-
total
10 543
17 474
-
-
Dividends
59 741
99 026
-
-
withholding
12 331
20 762
-
-
total
12 331
20 762
-
-
Income
116 500
116 500
116 500
116 500
Total tax
43 027
38 236
56 530
51 976
After tax
73 473
78 264
59 970
64 524
Living cost
26 062
26 062
26 062
26 062
Free-cash
47 411
52 202
33 908
38 462

Estimated living cost  is ₽26062 per week

₽17591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽72909
₽70922
₽70630
₽72783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
938
pensions
-
-
-
1 294
income
-
-
-
39 585
total
-
-
-
41 817
Employee
2 702
-
115 044
-
health
135
-
323
-
pensions
243
-
582
-
unemployment
27
-
65
-
income
523
-
39 517
-
total
928
-
40 487
-
Employer
2 702
-
115 044
-
health
257
-
615
-
pensions
297
-
712
-
unemployment
54
-
129
-
total
608
-
1 456
-
Corporate
113 190
116 500
-
-
income
24 902
25 630
-
-
total
24 902
25 630
-
-
Dividends
88 288
90 870
-
-
withholding
17 658
18 174
-
-
total
17 658
18 174
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 096
43 804
41 943
41 817
After tax
72 404
72 696
74 557
74 683
Living cost
1 774
1 774
1 774
1 774
Free-cash
70 630
70 922
72 783
72 909

Estimated living cost  is ₽1774 per week

₽1054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽48541
₽67812
₽63159
₽48543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
health
-
-
-
7 201
pensions
-
-
-
18 176
unemployment
-
-
-
1 049
income
-
-
-
25 174
total
-
-
-
51 600
Employee

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

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

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

24 668
-
103 986
-
health
1 270
-
3 600
-
pensions
3 454
-
9 787
-
unemployment
185
-
524
-
income
3 400
-
25 174
-
total
8 309
-
39 085
-
Employer

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

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

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

24 668
-
103 986
-
health
1 270
-
3 600
-
pensions
2 960
-
8 389
-
unemployment
185
-
524
-
total
4 415
-
12 513
-
Corporate
87 416
116 500
-
-
income
13 112
17 475
-
-
total
13 112
17 475
-
-
Dividends
74 304
99 025
-
-
withholding
11 146
14 854
-
-
total
11 146
14 854
-
-
Income
116 500
116 500
116 500
116 500
Total tax
36 982
32 329
51 598
51 600
After tax
79 518
84 171
64 902
64 900
Living cost
16 359
16 359
16 359
16 359
Free-cash
63 159
67 812
48 543
48 541

Estimated living cost  is ₽16359 per week

₽11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽38525
₽40716
₽40374
₽31246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
social contributions

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

-
-
-
40 485
income
-
-
-
11 940
surtax
-
-
-
-
total
-
-
-
52 425
Employee
36 784
-
94 141
-
surtax
-
-
-
-
social contributions
4 047
-
10 356
-
income
7 187
-
26 989
-
total
11 234
-
37 345
-
Employer
36 784
-
94 141
-
social contributions
8 735
-
22 359
-
total
8 735
-
22 359
-
Corporate
70 981
116 500
-
-
surtax
-
-
-
-
income
14 906
24 465
-
-
total
14 906
24 465
-
-
Dividends
56 075
92 035
-
-
withholding
15 701
25 769
-
-
total
15 701
25 769
-
-
Income
116 500
116 500
116 500
116 500
Total tax
50 576
50 234
59 704
52 425
After tax
65 924
66 266
56 796
64 075
Living cost
25 550
25 550
25 550
25 550
Free-cash
40 374
40 716
31 246
38 525

Estimated living cost  is ₽25550 per week

₽18097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽31216
₽44956
₽37909
₽26662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
accident
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
25 623
total
-
-
-
51 976
Employee
45 772
-
88 495
-
pensions
2 151
-
4 129
-
unemployment
709
-
1 361
-
other
45
-
88
-
income
9 560
-
22 948
-
total
12 465
-
28 526
-
Employer
45 772
-
88 495
-
accident
906
-
1 739
-
pensions
10 802
-
20 731
-
other
367
-
703
-
unemployment
2 518
-
4 831
-
total
14 593
-
28 004
-
Corporate
56 135
116 500
-
-
income

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

8 421
17 474
-
-
total
8 421
17 474
-
-
Dividends
47 715
99 026
-
-
withholding
9 804
20 762
-
-
total
9 804
20 762
-
-
Income
116 500
116 500
116 500
116 500
Total tax
45 283
38 236
56 530
51 976
After tax
71 217
78 264
59 970
64 524
Living cost
33 308
33 308
33 308
33 308
Free-cash
37 909
44 956
26 662
31 216

Estimated living cost  is ₽33308 per week

₽23920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽73993
₽83376
₽77625
₽78025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
3 790
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
income
-
-
-
17 475
total
-
-
-
26 275
Employee
21 494
-
110 033
-
health
989
-
1 516
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
11 003
-
total
5 262
-
15 776
-
Employer
21 494
-
110 033
-
health
1 483
-
2 274
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

2 369
-
3 632
-
unemployment
129
-
198
-
total
4 217
-
6 467
-
Corporate
90 789
116 500
-
-
income
9 079
11 650
-
-
total
9 079
11 650
-
-
Dividends
81 711
104 850
-
-
withholding
4 085
5 242
-
-
total
4 085
5 242
-
-
Income
116 500
116 500
116 500
116 500
Total tax
22 643
16 892
22 243
26 275
After tax
93 857
99 608
94 257
90 225
Living cost
16 232
16 232
16 232
16 232
Free-cash
77 625
83 376
78 025
73 993

Estimated living cost  is ₽16232 per week

₽10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽30949
₽23450
₽35848
₽41344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
health

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

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

-
-
-
6 475
trade
-
-
-
10 395
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.

-
-
-
1 673
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.

-
-
-
30 418
total
-
-
-
48 961
Employee

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

47 156
-
116 500
-
health

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

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

6 475
-
6 475
-
surtax

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

214
-
1 673
-
income

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

3 878
-
30 418
-
total
10 567
-
38 566
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 344
116 500
-
-
trade
9 951
16 717
-
-
chamber of commerce
246
315
-
-
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.

572
960
-
-
income
10 401
17 474
-
-
total
21 170
35 466
-
-
Dividends
48 174
81 033
-
-
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.

642
1 095
-
-
withholding
11 683
19 899
-
-
total
12 325
20 994
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 062
56 460
38 566
48 961
After tax
72 438
60 040
77 934
67 539
Living cost
36 590
36 590
36 590
36 590
Free-cash
35 848
23 450
41 344
30 949

Estimated living cost  is ₽36590 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽20760
₽27562
₽29657
₽20760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
income
-
-
-
30 934
social contributions
-
-
-
10 819
total
-
-
-
41 753
Employee
74 134
-
116 500
-
social contributions
6 159
-
10 819
-
income
13 989
-
30 934
-
total
20 148
-
41 753
-
Employer
74 134
-
116 500
-
total
-
-
-
-
Corporate
42 366
116 500
-
-
income
5 295
14 563
-
-
total
5 295
14 563
-
-
Dividends
37 071
101 937
-
-
withholding
7 413
20 388
-
-
total
7 413
20 388
-
-
Income
116 500
116 500
116 500
116 500
Total tax
32 856
34 951
41 753
41 753
After tax
83 644
81 549
74 747
74 747
Living cost
53 987
53 987
53 987
53 987
Free-cash
29 657
27 562
20 760
20 760

Estimated living cost  is ₽53987 per week

₽41073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽49232
₽36316
₽39626
₽51494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
income
-
-
-
26 978
health

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

-
-
-
5 887
total
-
-
-
32 865
Employee
43 477
-
112 140
-
social contributions
4 356
-
4 360
-
income
4 718
-
21 883
-
total
9 074
-
26 243
-
Employer
43 477
-
112 140
-
social contributions
4 356
-
4 360
-
total
4 356
-
4 360
-
Corporate
68 667
116 500
-
-
income
24 034
40 774
-
-
total
24 034
40 774
-
-
Dividends
44 634
75 726
-
-
social contributions
5 007
5 007
-
-
total
5 007
5 007
-
-
Income
116 500
116 500
116 500
116 500
Total tax
42 471
45 781
30 603
32 865
After tax
74 029
70 719
85 897
83 635
Living cost
34 403
34 403
34 403
34 403
Free-cash
39 626
36 316
51 494
49 232

Estimated living cost  is ₽34403 per week

₽22661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽45893
₽46536
₽46832
₽35071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
pensions
-
-
-
7 505
income
-
-
-
27 982
total
-
-
-
35 487
Employee
48 207
-
102 232
-
health
629
-
1 677
-
pensions
3 679
-
9 598
-
income
8 779
-
20 766
-
total
13 087
-
32 041
-
Employer
48 207
-
102 232
-
health
916
-
1 943
-
pensions
4 870
-
12 325
-
total
5 786
-
14 268
-
Corporate
62 507
116 500
-
-
income

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

11 877
22 135
-
-
total
11 877
22 135
-
-
Dividends
50 629
94 365
-
-
withholding
3 798
12 709
-
-
total
3 798
12 709
-
-
Income
116 500
116 500
116 500
116 500
Total tax
34 548
34 844
46 309
35 487
After tax
81 952
81 656
70 191
81 013
Living cost
35 120
35 120
35 120
35 120
Free-cash
46 832
46 536
35 071
45 893

Estimated living cost  is ₽35120 per week

₽24092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽57063
-₽13327
₽5945
₽38694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
30 018
total
-
-
-
36 673
Employee
35 808
-
101 779
-
health
4 100
-
11 654
-
pensions
4 032
-
7 291
-
income
4 913
-
21 375
-
total
13 045
-
40 320
-
Employer
35 808
-
101 779
-
accident
598
-
1 700
-
pensions
5 822
-
10 528
-
unemployment
877
-
2 494
-
total
7 297
-
14 722
-
Corporate
73 395
116 500
-
-
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.

66 055
104 850
-
-
total
66 055
104 850
-
-
Dividends
7 339
11 650
-
-
withholding
1 394
2 213
-
-
total
1 394
2 213
-
-
Income
116 500
116 500
116 500
116 500
Total tax
87 791
107 063
55 042
36 673
After tax
28 709
9 437
61 458
79 827
Living cost
22 764
22 764
22 764
22 764
Free-cash
5 945
-13 327
38 694
57 063

Estimated living cost  is ₽22764 per week

₽16706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽53227
₽85247
₽80817
₽64446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 500
health insurance
-
-
-
8 621
work injury
-
-
-
582
pensions
-
-
-
21 436
unemployment
-
-
-
1 398
income
-
-
-
18 448
total
-
-
-
50 485
Employee

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

20 461
-
116 500
-
pensions
3 765
-
13 929
-
work injury
102
-
379
-
unemployment
246
-
908
-
health insurance
1 514
-
5 602
-
income
2 046
-
18 448
-
total
7 673
-
39 266
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 039
116 500
-
-
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%.

960
1 165
-
-
total
960
1 165
-
-
Dividends
95 079
115 335
-
-
withholding
14 262
17 300
-
-
total
14 262
17 300
-
-
Income
116 500
116 500
116 500
116 500
Total tax
22 895
18 465
39 266
50 485
After tax
93 605
98 035
77 234
66 015
Living cost
12 788
12 788
12 788
12 788
Free-cash
80 817
85 247
64 446
53 227

Estimated living cost  is ₽12788 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽19208
₽23608
₽19297
₽13882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 500
regional
-
-
-
2 528
municipal
-
-
-
779
social contributions
-
-
-
29 963
national
-
-
-
26 266
total
-
-
-
59 536
Employee
79 863
-
116 500
-
regional
1 206
-
2 161
-
national
13 496
-
22 724
-
social contributions
26 929
-
39 283
-
municipal
477
-
694
-
total
42 108
-
64 862
-
Employer
79 863
-
116 500
-
total
-
-
-
-
Corporate
36 637
116 500
-
-
nationa
8 793
27 960
-
-
municipal
1 766
5 615
-
-
total
10 559
33 575
-
-
Dividends
26 078
82 925
-
-
withholding
6 780
21 561
-
-
total
6 780
21 561
-
-
Income
116 500
116 500
116 500
116 500
Total tax
59 447
55 136
64 862
59 536
After tax
57 053
61 364
51 638
56 964
Living cost
37 756
37 756
37 756
37 756
Free-cash
19 297
23 608
13 882
19 208

Estimated living cost  is ₽37756 per week

₽26521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close