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
₽28434
₽39546
₽37297
₽48291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
10 994
income

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

-
-
-
29 310
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.

-
-
-
6 862
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.

-
-
-
1 613
total
-
-
-
48 779
Employee

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

38 418
-
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.

6 862
-
6 862
-
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.

59
-
1 613
-
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.

1 073
-
29 310
-
total
7 994
-
37 785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 082
116 500
-
-
surtax

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

644
961
-
-
income
11 713
17 475
-
-
trade
12 298
18 348
-
-
chamber of commerce
265
320
-
-
total
24 920
37 104
-
-
Dividends
53 162
79 396
-
-
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.

709
1 071
-
-
withholding
12 908
19 467
-
-
total
13 617
20 538
-
-
Income
116 500
116 500
116 500
116 500
Total tax
46 531
57 642
37 785
48 779
After tax
69 969
58 858
78 715
67 721
Living cost
30 423
30 423
30 423
30 423
Free-cash
39 546
28 434
48 291
37 297

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22013
₽21170
₽19123
₽20036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 340
pensions
-
-
-
13 980
national
-
-
-
19 122
social contributions
-
-
-
1 252
total
-
-
-
46 694
Employee
78 568
-
100 713
-
municipal
9 704
-
12 791
-
pensions
3 143
-
4 029
-
national
15 038
-
19 821
-
total
27 885
-
36 641
-
Employer
78 568
-
100 713
-
social contributions
845
-
1 083
-
pensions
6 285
-
8 057
-
total
7 130
-
9 140
-
Corporate
25 617
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%.

5 123
23 300
-
-
total
5 123
23 300
-
-
Dividends
20 493
93 200
-
-
withholding
4 509
20 504
-
-
total
4 509
20 504
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 647
43 804
45 781
46 694
After tax
71 853
72 696
70 719
69 806
Living cost
50 683
50 683
50 683
50 683
Free-cash
21 170
22 013
20 036
19 123

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72303
₽64064
₽41112
₽44587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
17 036
surtax
-
-
-
-
social contributions

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

-
-
-
37 455
total
-
-
-
54 491
Employee
29 350
-
93 884
-
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.

3 229
-
10 327
-
surtax
-
-
-
-
income
5 225
-
18 073
-
total
8 454
-
28 400
-
Employer
29 350
-
93 884
-
social contributions

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

7 070
-
22 616
-
surtax
-
-
-
-
total
7 070
-
22 616
-
Corporate
80 080
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%.

16 015
23 300
-
-
total
16 015
23 300
-
-
Dividends

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

64 065
93 200
-
-
total
-
-
-
-
Income
116 500
116 500
116 500
116 500
Total tax
31 539
23 300
51 016
54 491
After tax
84 961
93 200
65 484
62 009
Living cost
20 897
20 897
20 897
20 897
Free-cash
64 064
72 303
44 587
41 112

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14701
₽8547
₽24524
₽19295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 745
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
49 899
Employee
85 775
85 775
99 141
-
health
13 165
11 198
11 961
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
37 769
-
Employer
85 775
85 775
99 141
-
unemployment
3 088
3 088
3 568
-
pensions
5 970
5 970
6 900
-
health
5 962
5 962
6 891
-
total
15 020
15 020
17 359
-
Corporate
16 757
15 705
-
-
income
3 351
3 141
-
-
total
3 351
3 141
-
-
Dividends
13 406
12 564
-
-
income
2 850
2 670
-
-
withholding
2 011
1 885
-
-
total
4 861
4 555
-
-
Income
116 500
116 500
116 500
116 500
Total tax
65 876
59 722
55 128
49 899
After tax
50 624
56 778
61 372
66 601
Living cost
42 077
42 077
42 077
42 077
Free-cash
8 547
14 701
19 295
24 524

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24648
₽23774
₽23210
₽22161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 364
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
2 228
total
-
-
-
54 329
Employee
55 516
-
89 671
-
municipal
16 555
-
26 740
-
national
-
-
1 809
-
total
16 555
-
28 549
-
Employer
55 516
-
89 671
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
43 541
116 500
-
-
income
9 579
25 630
-
-
total
9 579
25 630
-
-
Dividends
33 962
90 870
-
-
withholding
10 188
27 261
-
-
total
10 188
27 261
-
-
Income
116 500
116 500
116 500
116 500
Total tax
53 765
52 891
55 378
54 329
After tax
62 735
63 609
61 122
62 171
Living cost
38 961
38 961
38 961
38 961
Free-cash
23 774
24 648
22 161
23 210

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18801
₽32914
₽27775
₽39257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 482
income

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

-
-
-
29 310
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.

-
-
-
6 862
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.

-
-
-
1 613
total
-
-
-
49 267
Employee

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

50 937
-
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.

6 862
-
6 862
-
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.

240
-
1 613
-
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.

4 376
-
29 310
-
total
11 478
-
37 785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 563
116 500
-
-
surtax

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

541
961
-
-
income
9 834
17 475
-
-
trade
10 785
19 164
-
-
chamber of commerce
246
318
-
-
total
21 406
37 918
-
-
Dividends
44 157
78 582
-
-
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.

587
1 060
-
-
withholding
10 657
19 263
-
-
total
11 244
20 323
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 128
58 241
37 785
49 267
After tax
72 372
58 259
78 715
67 233
Living cost
39 458
39 458
39 458
39 458
Free-cash
32 914
18 801
39 257
27 775

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52606
₽48442
₽49220
₽47940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 478
health
-
-
-
2 972
social contributions
-
-
-
16 251
total
-
-
-
34 701
Employee
77 236
77 236
105 894
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
1 799
-
income
8 110
7 150
14 931
-
total
12 631
14 873
25 376
-
Employer
77 236
77 236
105 894
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
1 959
-
total
4 590
7 840
10 605
-
Corporate
66 700
31 424
-
-
income
8 337
3 928
-
-
total
8 337
3 928
-
-
Dividends
58 362
27 495
-
-
withholding
9 921
4 674
-
-
total
9 921
4 674
-
-
Income
116 500
116 500
116 500
116 500
Total tax
35 479
31 315
35 981
34 701
After tax
81 021
85 185
80 519
81 799
Living cost
32 579
32 579
32 579
32 579
Free-cash
48 442
52 606
47 940
49 220

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47338
₽47719
₽62474
₽49305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 242
pensions
-
-
-
11 650
unemployment
-
-
-
1 747
health
-
-
-
8 155
total
-
-
-
35 794
Employee

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
97 490
-
health
1 842
733
6 824
-
income
3 217
1 281
11 918
-
pensions
2 632
1 047
9 749
-
unemployment
395
157
1 462
-
total
8 086
3 218
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.

26 319
10 475
97 490
-
pensions
5 132
2 043
19 010
-
total
5 132
2 043
19 010
-
Corporate
85 049
103 983
-
-
income
7 654
9 358
-
-
total
7 654
9 358
-
-
Dividends
77 394
94 624
-
-
social contributions
14 972
18 332
-
-
withholding
14 705
17 979
-
-
total
29 677
36 311
-
-
Income
116 500
116 500
116 500
116 500
Total tax
50 549
50 930
48 963
35 794
After tax
65 951
65 570
67 537
80 706
Living cost
18 232
18 232
18 232
18 232
Free-cash
47 719
47 338
49 305
62 474

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68939
₽62699
₽38182
₽42889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 611
pensions
-
-
-
23 300
health
-
-
-
15 146
total
-
-
-
54 057
Employee
28 494
-
87 072
-
income
3 208
-
16 787
-
pensions
570
-
1 742
-
unemployment
456
-
1 393
-
total
4 234
-
19 922
-
Employer
28 494
-
87 072
-
unemployment
229
-
696
-
pensions
5 699
-
17 414
-
health
3 704
-
11 318
-
total
9 632
-
29 428
-
Corporate
78 374
116 500
-
-
income
15 674
23 300
-
-
total
15 674
23 300
-
-
Dividends
62 700
93 200
-
-
total
-
-
-
-
Income
116 500
116 500
116 500
116 500
Total tax
29 540
23 300
49 350
54 057
After tax
86 960
93 200
67 150
62 443
Living cost
24 261
24 261
24 261
24 261
Free-cash
62 699
68 939
42 889
38 182

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12607
₽6055
₽57813
₽39129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
29 665
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
36 643
Employee
34 676
-
101 288
-
health
3 970
-
11 597
-
income
4 757
-
20 873
-
pensions
3 905
-
7 645
-
total
12 632
-
40 115
-
Employer
34 676
-
101 288
-
accident
579
-
1 692
-
unemployment
850
-
2 481
-
pensions
5 639
-
11 039
-
total
7 068
-
15 212
-
Corporate
74 757
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.

67 281
104 850
-
-
total
67 281
104 850
-
-
Dividends
7 476
11 650
-
-
withholding
1 420
2 213
-
-
total
1 420
2 213
-
-
Income
116 500
116 500
116 500
116 500
Total tax
88 401
107 063
55 327
36 643
After tax
28 099
9 437
61 173
79 857
Living cost
22 044
22 044
22 044
22 044
Free-cash
6 055
-12 607
39 129
57 813

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101575
₽99869
₽106235
₽84100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
116 500
-
income
2 275
-
23 300
-
total
2 275
-
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%.

105 126
116 500
-
-
total
-
-
-
-
Dividends
105 126
116 500
-
-
withholding
5 256
5 825
-
-
total
5 256
5 825
-
-
Income
116 500
116 500
116 500
116 500
Total tax
7 531
5 825
23 300
1 165
After tax
108 969
110 675
93 200
115 335
Living cost
9 100
9 100
9 100
9 100
Free-cash
99 869
101 575
84 100
106 235

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58828
₽52046
₽35898
₽40719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 220
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.

-
-
-
27 959
other
-
-
-
5 533
health
-
-
-
5 126
total
-
-
-
53 838
Employee
36 470
-
93 049
-
health
511
-
1 302
-
income
6 279
-
16 825
-
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.

2 552
-
6 513
-
unemployment
364
-
930
-
total
9 706
-
25 570
-
Employer
36 470
-
93 049
-
accident
292
-
745
-
other
1 824
-
4 653
-
unemployment
364
-
930
-
pensions

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

6 201
-
15 817
-
health
511
-
1 302
-
total
9 192
-
23 447
-
Corporate
70 839
116 500
-
-
income
14 875
24 465
-
-
total
14 875
24 465
-
-
Dividends
55 964
92 035
-
-
withholding
3 917
6 443
-
-
total
3 917
6 443
-
-
Income
116 500
116 500
116 500
116 500
Total tax
37 690
30 908
49 017
53 838
After tax
78 810
85 592
67 483
62 662
Living cost
26 764
26 764
26 764
26 764
Free-cash
52 046
58 828
40 719
35 898

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15653
₽6407
₽14678
₽3810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 898
pensions
-
-
-
7 823
total
-
-
-
34 721
Employee
94 938
-
102 327
-
health
1 564
-
1 717
-
income
17 114
-
19 655
-
pensions
9 159
-
10 045
-
total
27 837
-
31 417
-
Employer
94 938
-
102 327
-
pensions
11 209
-
12 228
-
health
1 803
-
1 944
-
total
13 012
-
14 172
-
Corporate
8 550
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.

1 624
22 136
-
-
total
1 624
22 136
-
-
Dividends
6 926
94 364
-
-
withholding
519
11 610
-
-
total
519
11 610
-
-
Income
116 500
116 500
116 500
116 500
Total tax
42 992
33 746
45 589
34 721
After tax
73 508
82 754
70 911
81 779
Living cost
67 101
67 101
67 101
67 101
Free-cash
6 407
15 653
3 810
14 678

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽86439
₽81775
₽76491
₽80407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 475
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
26 841
Employee
17 436
-
109 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
10 962
-
pensions

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

1 531
-
3 080
-
total
4 268
-
16 042
-
Employer
17 436
-
109 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
95 643
116 500
-
-
income
9 564
11 650
-
-
total
9 564
11 650
-
-
Dividends
86 079
104 850
-
-
withholding
4 304
5 243
-
-
total
4 304
5 243
-
-
Income
116 500
116 500
116 500
116 500
Total tax
21 557
16 893
22 925
26 841
After tax
94 943
99 607
93 575
89 659
Living cost
13 168
13 168
13 168
13 168
Free-cash
81 775
86 439
80 407
76 491

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1081
₽3607
₽10904
₽5675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 745
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
49 899
Employee
93 124
85 775
99 141
-
health
11 618
11 198
11 961
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
37 769
-
Employer
93 124
85 775
99 141
-
unemployment
3 353
3 088
3 568
-
pensions
6 481
5 970
6 900
-
health
6 471
5 962
6 891
-
total
16 305
15 020
17 359
-
Corporate
7 071
15 705
-
-
income
1 414
3 141
-
-
total
1 414
3 141
-
-
Dividends
5 657
12 564
-
-
income
1 203
2 670
-
-
withholding
848
1 885
-
-
total
2 051
4 555
-
-
Income
116 500
116 500
116 500
116 500
Total tax
57 196
59 722
55 128
49 899
After tax
59 304
56 778
61 372
66 601
Living cost
55 697
55 697
55 697
55 697
Free-cash
3 607
1 081
5 675
10 904

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56190
₽47620
₽32722
₽35099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 013
health
-
-
-
15 727
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 018
total
-
-
-
59 758
Employee
35 324
-
86 940
-
social contributions
2 296
-
5 651
-
health
4 769
-
11 737
-
solidarity contribution
-
-
-
-
income
4 239
-
10 433
-
total
11 304
-
27 821
-
Employer
35 324
-
86 940
-
social contributions
8 831
-
21 735
-
health
3 179
-
7 825
-
total
12 010
-
29 560
-
Corporate
69 166
116 500
-
-
income
13 142
22 135
-
-
total
13 142
22 135
-
-
Dividends
56 024
94 365
-
-
withholding
8 404
14 155
-
-
total
8 404
14 155
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 860
36 290
57 381
59 758
After tax
71 640
80 210
59 119
56 742
Living cost
24 020
24 020
24 020
24 020
Free-cash
47 620
56 190
35 099
32 722

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19773
₽14529
₽16277
₽10734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
692
regional
-
-
-
1 313
national
-
-
-
25 870
social contributions
-
-
-
29 964
total
-
-
-
57 839
Employee
89 268
-
116 500
-
social contributions
30 101
-
39 283
-
regional
842
-
1 153
-
municipal
473
-
618
-
national
15 468
-
22 328
-
total
46 884
-
63 382
-
Employer
89 268
-
116 500
-
total
-
-
-
-
Corporate
27 232
116 500
-
-
nationa
6 536
27 961
-
-
municipal
1 062
4 544
-
-
total
7 598
32 505
-
-
Dividends
19 634
83 995
-
-
withholding
5 105
21 838
-
-
total
5 105
21 838
-
-
Income
116 500
116 500
116 500
116 500
Total tax
59 587
54 343
63 382
57 839
After tax
56 913
62 157
53 118
58 661
Living cost
42 384
42 384
42 384
42 384
Free-cash
14 529
19 773
10 734
16 277

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51115
₽47986
₽35365
₽33451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 009
pensions
-
-
-
23 300
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
8 271
surtax
-
-
-
3 162
total
-
-
-
58 971
Employee
33 216
-
96 240
-
other
-
-
-
-
health
848
-
2 455
-
surtax
109
-
2 859
-
income
5 568
-
22 195
-
pensions
2 215
-
6 420
-
unemployment
2 312
-
6 698
-
total
11 052
-
40 627
-
Employer
33 216
-
96 240
-
other
-
-
-
-
unemployment
1 052
-
3 052
-
pensions
4 428
-
12 828
-
health
1 512
-
4 378
-
total
6 992
-
20 258
-
Corporate
76 292
116 500
-
-
income
19 837
30 290
-
-
total
19 837
30 290
-
-
Dividends
56 456
86 210
-
-
withholding
8 469
12 931
-
-
total
8 469
12 931
-
-
Income
116 500
116 500
116 500
116 500
Total tax
46 350
43 221
60 885
58 971
After tax
70 150
73 279
55 615
57 529
Living cost
22 164
22 164
22 164
22 164
Free-cash
47 986
51 115
33 451
35 365

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36912
₽33552
₽35937
₽25069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 898
pensions
-
-
-
7 823
total
-
-
-
34 721
Employee
63 625
-
102 327
-
health
924
-
1 717
-
income
11 459
-
19 655
-
pensions
5 400
-
10 045
-
total
17 783
-
31 417
-
Employer
63 625
-
102 327
-
pensions
6 887
-
12 228
-
health
1 209
-
1 944
-
total
8 096
-
14 172
-
Corporate
44 779
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.

8 507
22 136
-
-
total
8 507
22 136
-
-
Dividends
36 272
94 364
-
-
withholding
2 720
11 610
-
-
total
2 720
11 610
-
-
Income
116 500
116 500
116 500
116 500
Total tax
37 106
33 746
45 589
34 721
After tax
79 394
82 754
70 911
81 779
Living cost
45 842
45 842
45 842
45 842
Free-cash
33 552
36 912
25 069
35 937

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23123
₽9566
₽20111
₽14327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 228
pensions
-
-
-
10 717
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.

-
-
-
2 331
regional
-
-
-
4 450
health
-
-
-
263
national
-
-
-
1 006
total
-
-
-
19 995
Employee
89 401
-
104 272
-
city
959
-
1 120
-
regional
2 927
-
3 816
-
health
202
-
235
-
pensions
7 511
-
8 759
-
unemployment
-
-
-
-
national
423
-
769
-
total
12 022
-
14 699
-
Employer
89 401
-
104 272
-
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.

1 787
-
2 086
-
unemployment
-
-
-
-
pensions
7 511
-
8 759
-
health
202
-
235
-
total
9 500
-
11 080
-
Corporate
16 616
116 500
-
-
regional
3 514
24 640
-
-
national
1 413
9 903
-
-
total
4 927
34 543
-
-
Dividends
11 689
81 957
-
-
withholding
4 091
28 686
-
-
total
4 091
28 686
-
-
Income
116 500
116 500
116 500
116 500
Total tax
30 540
63 229
25 779
19 995
After tax
85 960
53 271
90 721
96 505
Living cost
76 394
76 394
76 394
76 394
Free-cash
9 566
-23 123
14 327
20 111

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11645
₽27932
₽20731
₽32701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 970
income

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

-
-
-
29 310
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.

-
-
-
6 862
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.

-
-
-
1 613
total
-
-
-
49 755
Employee

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

60 365
-
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.

6 862
-
6 862
-
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.

391
-
1 613
-
income

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

7 098
-
29 310
-
total
14 351
-
37 785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 135
116 500
-
-
surtax

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

463
961
-
-
income
8 421
17 475
-
-
trade
9 628
19 980
-
-
chamber of commerce
231
316
-
-
total
18 743
38 732
-
-
Dividends
37 393
77 768
-
-
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.

494
1 048
-
-
withholding
8 966
19 061
-
-
total
9 460
20 109
-
-
Income
116 500
116 500
116 500
116 500
Total tax
42 554
58 841
37 785
49 755
After tax
73 946
57 659
78 715
66 745
Living cost
46 014
46 014
46 014
46 014
Free-cash
27 932
11 645
32 701
20 731

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24352
₽30284
₽32264
₽36355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 367
pensions
-
-
-
26 533
other
-
-
-
3 612
health
-
-
-
3 040
surtax
-
-
-
-
social contributions
-
-
-
3 319
total
-
-
-
49 871
Employee
42 988
-
93 507
-
social contributions
1 226
-
2 665
-
surtax
-
-
-
-
income
2 537
-
15 071
-
pensions
4 861
-
5 051
-
total
8 624
-
22 787
-
Employer
42 988
-
93 507
-
other
1 483
-
3 225
-
social contributions
130
-
280
-
unemployment
1 740
-
3 787
-
pensions
7 062
-
8 765
-
health
3 010
-
6 936
-
total
13 425
-
22 993
-
Corporate
60 087
116 500
-
-
surtax
-
-
-
-
income
16 825
32 619
-
-
total
16 825
32 619
-
-
Dividends
43 262
83 881
-
-
surtax
-
-
-
-
social contributions
7 440
14 427
-
-
withholding
5 537
10 737
-
-
total
12 977
25 164
-
-
Income
116 500
116 500
116 500
116 500
Total tax
51 851
57 783
45 780
49 871
After tax
64 649
58 717
70 720
66 629
Living cost
34 365
34 365
34 365
34 365
Free-cash
30 284
24 352
36 355
32 264

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27757
₽33336
₽35669
₽39760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 367
pensions
-
-
-
26 533
other
-
-
-
3 612
health
-
-
-
3 040
surtax
-
-
-
-
social contributions
-
-
-
3 319
total
-
-
-
49 871
Employee
38 373
-
93 507
-
social contributions
1 094
-
2 665
-
surtax
-
-
-
-
income
1 979
-
15 071
-
pensions
4 340
-
5 051
-
total
7 413
-
22 787
-
Employer
38 373
-
93 507
-
other
1 325
-
3 225
-
social contributions
114
-
280
-
unemployment
1 553
-
3 787
-
pensions
6 305
-
8 765
-
health
2 686
-
6 936
-
total
11 983
-
22 993
-
Corporate
66 143
116 500
-
-
surtax
-
-
-
-
income
18 520
32 619
-
-
total
18 520
32 619
-
-
Dividends
47 623
83 881
-
-
surtax
-
-
-
-
social contributions
8 192
14 427
-
-
withholding
6 096
10 737
-
-
total
14 288
25 164
-
-
Income
116 500
116 500
116 500
116 500
Total tax
52 204
57 783
45 780
49 871
After tax
64 296
58 717
70 720
66 629
Living cost
30 960
30 960
30 960
30 960
Free-cash
33 336
27 757
39 760
35 669

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49775
₽50299
₽53519
₽52892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 475
health
-
-
-
8 131
social contributions
-
-
-
16 076
total
-
-
-
41 682
Employee
34 056
-
116 500
-
social contributions
4 700
-
16 076
-
health
2 377
-
8 131
-
income
5 680
-
18 102
-
total
12 757
-
42 309
-
Employer
34 056
-
116 500
-
total
-
-
-
-
Corporate
82 444
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%.

4 123
5 825
-
-
total
4 123
5 825
-
-
Dividends
78 321
110 675
-
-
health
5 467
7 725
-
-
social contributions
10 808
15 274
-
-
withholding
11 747
16 602
-
-
total
28 022
39 601
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 902
45 426
42 309
41 682
After tax
71 598
71 074
74 191
74 818
Living cost
21 299
21 299
21 299
21 299
Free-cash
50 299
49 775
52 892
53 519

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29644
₽28088
₽22280
-₽2116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
465
income
-
-
-
21 539
pensions
-
-
-
21 552
unemployment
-
-
-
6 161
health
-
-
-
8 913
surtax
-
-
-
198
total
-
-
-
58 828
Employee
50 197
40 028
90 310
-
other
501
400
903
-
health
1 942
1 550
3 496
-
income
5 715
2 953
19 052
-
pensions
5 141
4 098
9 248
-
unemployment
1 506
1 201
2 709
-
total
14 805
10 202
35 408
-
Employer
50 197
40 028
90 310
-
accident
652
520
1 174
-
other
2 385
1 900
4 291
-
chamber of commerce
200
160
362
-
unemployment
1 506
1 201
2 709
-
surtax
198
198
198
-
pensions
6 300
5 024
11 334
-
payroll
1 506
1 201
2 709
-
health
1 897
1 513
3 414
-
total
14 644
11 717
26 191
-
Corporate
51 660
64 753
86 498
-
income

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

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

12 916
16 189
21 625
-
total
12 916
16 189
21 625
-
Dividends
38 744
48 565
-
-
withholding
10 655
13 356
-
-
total
10 655
13 356
-
-
Income
116 500
116 500
116 500
116 500
Total tax
53 020
51 464
83 224
58 828
After tax
63 480
65 036
33 276
57 672
Living cost
35 392
35 392
35 392
35 392
Free-cash
28 088
29 644
-2 116
22 280

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28658
₽13592
₽16285
₽7768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
39 024
communal

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

-
-
-
5 867
social contributions
-
-
-
18 701
total
-
-
-
63 592
Employee

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

71 848
-
90 236
-
communal

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

3 747
-
4 706
-
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.

3 376
-
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.

5 389
-
6 769
-
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.

625
-
785
-
national
22 089
-
29 344
-
total
35 226
-
45 845
-
Employer

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

71 848
-
90 236
-
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.

934
-
1 172
-
unemployment

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

1 048
-
1 317
-
surtax
8 147
-
10 232
-
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.

6 366
-
7 994
-
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.

4 418
-
5 549
-
total
20 913
-
26 264
-
Corporate
23 738
116 500
-
-
surtax
95
465
-
-
income
4 748
23 300
-
-
total
4 843
23 765
-
-
Dividends
18 895
92 735
-
-
withholding

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

5 303
27 454
-
-
total
5 303
27 454
-
-
Income
116 500
116 500
116 500
116 500
Total tax
66 285
51 219
72 109
63 592
After tax
50 215
65 281
44 391
52 908
Living cost
36 623
36 623
36 623
36 623
Free-cash
13 592
28 658
7 768
16 285

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42110
₽34183
₽27718
₽24038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
24 578
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
52 508
Employee
49 998
-
88 337
-
other
50
-
88
-
income
10 549
-
22 417
-
pensions
2 350
-
4 151
-
unemployment
776
-
1 369
-
total
13 725
-
28 025
-
Employer
49 998
-
88 337
-
accident
989
-
1 750
-
other
398
-
707
-
unemployment
2 751
-
4 859
-
pensions
11 799
-
20 847
-
total
15 937
-
28 163
-
Corporate
50 565
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.

7 584
17 475
-
-
total
7 584
17 475
-
-
Dividends
42 980
99 025
-
-
withholding
8 797
20 641
-
-
total
8 797
20 641
-
-
Income
116 500
116 500
116 500
116 500
Total tax
46 043
38 116
56 188
52 508
After tax
70 457
78 384
60 312
63 992
Living cost
36 274
36 274
36 274
36 274
Free-cash
34 183
42 110
24 038
27 718

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16098
₽8483
₽9705
₽14422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
982
income
-
-
-
12 443
pensions
-
-
-
17 462
health
-
-
-
8 185
surtax
-
-
-
5 775
communal
-
-
-
7 363
total
-
-
-
52 210
Employee
76 065
-
104 065
-
health
3 385
-
4 630
-
surtax
4 662
-
6 378
-
income
7 347
-
15 723
-
pensions
6 084
-
8 326
-
total
21 478
-
35 057
-
Employer
76 065
-
104 065
-
accident
684
-
936
-
pensions
6 084
-
8 326
-
health
2 320
-
3 174
-
total
9 088
-
12 436
-
Corporate
31 347
116 500
-
-
surtax
330
1 224
-
-
communal
-
7 865
-
-
income
4 702
17 475
-
-
total
5 032
26 564
-
-
Dividends
26 315
89 937
-
-
income
13 886
5 762
-
-
withholding
3 948
13 491
-
-
total
17 834
19 253
-
-
Income
116 500
116 500
116 500
116 500
Total tax
53 432
45 817
47 493
52 210
After tax
63 068
70 683
69 007
64 290
Living cost
54 585
54 585
54 585
54 585
Free-cash
8 483
16 098
14 422
9 705

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50718
₽47522
₽34968
₽33054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 009
pensions
-
-
-
23 300
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
8 271
surtax
-
-
-
3 162
total
-
-
-
58 971
Employee
33 826
-
96 240
-
other
-
-
-
-
health
863
-
2 455
-
surtax
120
-
2 859
-
income
5 671
-
22 195
-
pensions
2 257
-
6 420
-
unemployment
2 354
-
6 698
-
total
11 265
-
40 627
-
Employer
33 826
-
96 240
-
other
-
-
-
-
unemployment
1 073
-
3 052
-
pensions
4 510
-
12 828
-
health
1 538
-
4 378
-
total
7 121
-
20 258
-
Corporate
75 553
116 500
-
-
income
19 644
30 290
-
-
total
19 644
30 290
-
-
Dividends
55 909
86 210
-
-
withholding
8 387
12 931
-
-
total
8 387
12 931
-
-
Income
116 500
116 500
116 500
116 500
Total tax
46 417
43 221
60 885
58 971
After tax
70 083
73 279
55 615
57 529
Living cost
22 561
22 561
22 561
22 561
Free-cash
47 522
50 718
33 054
34 968

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34177
₽31950
₽31161
₽25646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
692
regional
-
-
-
1 756
national
-
-
-
25 870
social contributions
-
-
-
29 964
total
-
-
-
58 282
Employee
55 717
-
116 500
-
social contributions
18 788
-
39 283
-
regional
750
-
1 568
-
municipal
295
-
618
-
national
8 827
-
22 328
-
total
28 660
-
63 797
-
Employer
55 717
-
116 500
-
total
-
-
-
-
Corporate
60 783
116 500
-
-
nationa
14 587
27 961
-
-
municipal
3 021
5 791
-
-
total
17 608
33 752
-
-
Dividends
43 174
82 749
-
-
withholding
11 225
21 514
-
-
total
11 225
21 514
-
-
Income
116 500
116 500
116 500
116 500
Total tax
57 493
55 266
63 797
58 282
After tax
59 007
61 234
52 703
58 218
Living cost
27 057
27 057
27 057
27 057
Free-cash
31 950
34 177
25 646
31 161

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽50611
₽40052
₽27143
₽29520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 013
health
-
-
-
15 727
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 018
total
-
-
-
59 758
Employee
43 528
-
86 940
-
social contributions
2 829
-
5 651
-
health
5 876
-
11 737
-
solidarity contribution
-
-
-
-
income
5 223
-
10 433
-
total
13 928
-
27 821
-
Employer
43 528
-
86 940
-
social contributions
10 882
-
21 735
-
health
3 918
-
7 825
-
total
14 800
-
29 560
-
Corporate
58 172
116 500
-
-
income
11 053
22 135
-
-
total
11 053
22 135
-
-
Dividends
47 119
94 365
-
-
withholding
7 068
14 155
-
-
total
7 068
14 155
-
-
Income
116 500
116 500
116 500
116 500
Total tax
46 849
36 290
57 381
59 758
After tax
69 651
80 210
59 119
56 742
Living cost
29 599
29 599
29 599
29 599
Free-cash
40 052
50 611
29 520
27 143

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33100
₽32602
₽25825
₽1267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
465
income
-
-
-
21 539
pensions
-
-
-
21 552
unemployment
-
-
-
6 161
health
-
-
-
8 913
surtax
-
-
-
-
total
-
-
-
58 630
Employee
43 907
40 028
90 465
-
other
438
400
905
-
health
1 698
1 550
3 502
-
income
3 911
2 953
19 105
-
pensions
4 497
4 098
9 264
-
unemployment
1 317
1 201
2 714
-
total
11 861
10 202
35 490
-
Employer
43 907
40 028
90 465
-
accident
570
520
1 176
-
other
2 085
1 900
4 296
-
chamber of commerce
175
160
362
-
unemployment
1 317
1 201
2 714
-
surtax
-
-
-
-
pensions
5 511
5 024
11 353
-
payroll
1 317
1 201
2 714
-
health
1 660
1 513
3 420
-
total
12 635
11 519
26 035
-
Corporate
59 958
64 951
86 652
-
income

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

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

14 990
16 238
21 663
-
total
14 990
16 238
21 663
-
Dividends
44 968
48 713
-
-
withholding
12 367
13 396
-
-
total
12 367
13 396
-
-
Income
116 500
116 500
116 500
116 500
Total tax
51 853
51 355
83 188
58 630
After tax
64 647
65 145
33 312
57 870
Living cost
32 045
32 045
32 045
32 045
Free-cash
32 602
33 100
1 267
25 825

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96495
₽93837
₽101155
₽79020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
116 500
-
income
3 545
-
23 300
-
total
3 545
-
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%.

98 774
116 500
-
-
total
-
-
-
-
Dividends
98 774
116 500
-
-
withholding
4 938
5 825
-
-
total
4 938
5 825
-
-
Income
116 500
116 500
116 500
116 500
Total tax
8 483
5 825
23 300
1 165
After tax
108 017
110 675
93 200
115 335
Living cost
14 180
14 180
14 180
14 180
Free-cash
93 837
96 495
79 020
101 155

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53268
₽44867
₽32631
₽29291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 014
pensions
-
-
-
21 276
unemployment
-
-
-
175
health
-
-
-
11 463
total
-
-
-
56 928
Employee

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

44 416
-
100 805
-
health
2 869
-
6 513
-
income
7 660
-
22 295
-
pensions
6 885
-
15 624
-
unemployment
63
-
141
-
total
17 477
-
44 573
-
Employer

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

44 416
-
100 805
-
unemployment
27
-
61
-
pensions
3 930
-
8 921
-
health
2 958
-
6 713
-
total
6 915
-
15 695
-
Corporate
65 168
116 500
-
-
income
12 382
22 136
-
-
total
12 382
22 136
-
-
Dividends
52 786
94 364
-
-
withholding
7 918
14 155
-
-
total
7 918
14 155
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 692
36 291
60 268
56 928
After tax
71 808
80 209
56 232
59 572
Living cost
26 941
26 941
26 941
26 941
Free-cash
44 867
53 268
29 291
32 631

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27315
-₽34041
₽36947
₽59654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 708
social contributions
-
-
-
13 281
total
-
-
-
35 989
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
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
106 977
45 621
13 282
35 989
After tax
9 523
70 879
103 218
80 511
Living cost
43 564
43 564
43 564
43 564
Free-cash
-34 041
27 315
59 654
36 947

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34758
₽33747
₽32879
₽25930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 631
surtax
-
-
-
-
social contributions

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

-
-
-
40 484
total
-
-
-
52 115
Employee
46 196
-
94 141
-
social contributions
5 082
-
10 356
-
surtax
-
-
-
-
income
9 609
-
26 349
-
total
14 691
-
36 705
-
Employer
46 196
-
94 141
-
social contributions
10 972
-
22 359
-
total
10 972
-
22 359
-
Corporate
59 332
116 500
-
-
surtax
-
-
-
-
income
12 460
24 465
-
-
total
12 460
24 465
-
-
Dividends
46 872
92 035
-
-
withholding
13 124
25 771
-
-
total
13 124
25 771
-
-
Income
116 500
116 500
116 500
116 500
Total tax
51 247
50 236
59 064
52 115
After tax
65 253
66 264
57 436
64 385
Living cost
31 506
31 506
31 506
31 506
Free-cash
33 747
34 758
25 930
32 879

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10204
₽17106
₽18116
₽22207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 367
pensions
-
-
-
26 533
other
-
-
-
3 612
health
-
-
-
3 040
surtax
-
-
-
-
social contributions
-
-
-
3 319
total
-
-
-
49 871
Employee
62 910
-
93 507
-
social contributions
1 792
-
2 665
-
surtax
-
-
-
-
income
5 489
-
15 071
-
pensions
7 115
-
5 051
-
total
14 396
-
22 787
-
Employer
62 910
-
93 507
-
other
2 171
-
3 225
-
social contributions
189
-
280
-
unemployment
2 548
-
3 787
-
pensions
10 337
-
8 765
-
health
4 403
-
6 936
-
total
19 648
-
22 993
-
Corporate
33 942
116 500
-
-
surtax
-
-
-
-
income
9 504
32 619
-
-
total
9 504
32 619
-
-
Dividends
24 438
83 881
-
-
surtax
-
-
-
-
social contributions
4 205
14 427
-
-
withholding
3 128
10 737
-
-
total
7 333
25 164
-
-
Income
116 500
116 500
116 500
116 500
Total tax
50 881
57 783
45 780
49 871
After tax
65 619
58 717
70 720
66 629
Living cost
48 513
48 513
48 513
48 513
Free-cash
17 106
10 204
22 207
18 116

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74657
₽71283
₽57691
₽60784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 987
social contributions
-
-
-
25 629
total
-
-
-
28 616
Employee
32 292
-
100 866
-
income
-
-
3 332
-
social contributions
2 099
-
6 557
-
total
2 099
-
9 889
-
Employer
32 292
-
100 866
-
social contributions
5 005
-
15 634
-
total
5 005
-
15 634
-
Corporate
79 203
116 500
-
-
income
7 920
11 650
-
-
total
7 920
11 650
-
-
Dividends
71 283
104 850
-
-
total
-
-
-
-
Income
116 500
116 500
116 500
116 500
Total tax
15 024
11 650
25 523
28 616
After tax
101 476
104 850
90 977
87 884
Living cost
30 193
30 193
30 193
30 193
Free-cash
71 283
74 657
60 784
57 691

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽102345
-₽102345
₽22932
-₽102345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 473
pensions
-
-
-
871
national
-
-
-
12 600
labour market
-
-
-
9 250
total
-
-
-
45 194
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
116 500
116 500
116 500
116 500
Total tax
170 471
170 471
170 471
45 194
After tax
-53 971
-53 971
-53 971
71 306
Living cost
48 374
48 374
48 374
48 374
Free-cash
-102 345
-102 345
-102 345
22 932

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12282
₽6106
₽58138
₽39454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
29 665
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
36 643
Employee
34 165
-
101 288
-
health
3 912
-
11 597
-
income
4 687
-
20 873
-
pensions
3 847
-
7 645
-
total
12 446
-
40 115
-
Employer
34 165
-
101 288
-
accident
570
-
1 692
-
unemployment
837
-
2 481
-
pensions
5 555
-
11 039
-
total
6 962
-
15 212
-
Corporate
75 372
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.

67 835
104 850
-
-
total
67 835
104 850
-
-
Dividends
7 537
11 650
-
-
withholding
1 432
2 213
-
-
total
1 432
2 213
-
-
Income
116 500
116 500
116 500
116 500
Total tax
88 675
107 063
55 327
36 643
After tax
27 825
9 437
61 173
79 857
Living cost
21 719
21 719
21 719
21 719
Free-cash
6 106
-12 282
39 454
58 138

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37671
₽37149
₽42366
₽26393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
20 723
health
-
-
-
1 374
national
-
-
-
13 474
total
-
-
-
35 571
Employee
52 845
-
98 007
-
health
395
-
1 090
-
municipal
8 656
-
15 990
-
pensions
3 566
-
6 616
-
unemployment
793
-
1 470
-
national
873
-
7 885
-
total
14 283
-
33 051
-
Employer
52 845
-
98 007
-
accident
53
-
97
-
unemployment
343
-
637
-
pensions
9 168
-
17 004
-
health
406
-
755
-
total
9 970
-
18 493
-
Corporate
53 684
116 500
-
-
income
10 737
23 300
-
-
total
10 737
23 300
-
-
Dividends

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

32 210
69 900
-
-
national
-
4 384
-
-
municipal
5 798
12 582
-
-
total
5 798
16 966
-
-
Income
116 500
116 500
116 500
116 500
Total tax
40 788
40 266
51 544
35 571
After tax
75 712
76 234
64 956
80 929
Living cost
38 563
38 563
38 563
38 563
Free-cash
37 149
37 671
26 393
42 366

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61930
₽56465
₽58544
₽57264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 478
health
-
-
-
2 972
social contributions
-
-
-
16 251
total
-
-
-
34 701
Employee
77 236
77 236
105 894
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
1 799
-
income
8 410
7 150
14 931
-
total
11 929
14 873
25 376
-
Employer
77 236
77 236
105 894
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
1 959
-
total
3 570
7 840
10 605
-
Corporate
77 746
31 424
-
-
income
9 717
3 928
-
-
total
9 717
3 928
-
-
Dividends
68 029
27 495
-
-
withholding
11 564
4 674
-
-
total
11 564
4 674
-
-
Income
116 500
116 500
116 500
116 500
Total tax
36 780
31 315
35 981
34 701
After tax
79 720
85 185
80 519
81 799
Living cost
23 255
23 255
23 255
23 255
Free-cash
56 465
61 930
57 264
58 544

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80526
₽75418
₽79145
₽58998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 355
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
21 408
Employee

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

23 055
-
106 684
-
health
1 959
-
8 101
-
income
1 576
-
8 864
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
31 738
-
Employer

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

23 055
-
106 684
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
91 072
116 500
-
-
income
8 196
10 485
-
-
total
8 196
10 485
-
-
Dividends
82 875
106 015
-
-
withholding
7 459
9 542
-
-
total
7 459
9 542
-
-
Income
116 500
116 500
116 500
116 500
Total tax
25 135
20 027
41 555
21 408
After tax
91 365
96 473
74 945
95 092
Living cost
15 947
15 947
15 947
15 947
Free-cash
75 418
80 526
58 998
79 145

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50763
₽45570
₽36371
₽32691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
24 578
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
52 508
Employee
37 140
-
88 337
-
other
36
-
88
-
income
7 160
-
22 417
-
pensions
1 746
-
4 151
-
unemployment
576
-
1 369
-
total
9 518
-
28 025
-
Employer
37 140
-
88 337
-
accident
736
-
1 750
-
other
297
-
707
-
unemployment
2 043
-
4 859
-
pensions
8 764
-
20 847
-
total
11 840
-
28 163
-
Corporate
67 519
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.

10 127
17 475
-
-
total
10 127
17 475
-
-
Dividends
57 392
99 025
-
-
withholding
11 824
20 641
-
-
total
11 824
20 641
-
-
Income
116 500
116 500
116 500
116 500
Total tax
43 309
38 116
56 188
52 508
After tax
73 191
78 384
60 312
63 992
Living cost
27 621
27 621
27 621
27 621
Free-cash
45 570
50 763
32 691
36 371

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69946
₽69495
₽71360
₽71164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 929
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
42 390
Employee
4 189
-
114 243
-
health
209
-
502
-
income
810
-
38 824
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
40 329
-
Employer
4 189
-
114 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
111 368
116 500
-
-
income
24 501
25 630
-
-
total
24 501
25 630
-
-
Dividends
86 867
90 870
-
-
withholding
17 373
18 174
-
-
total
17 373
18 174
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 255
43 804
42 586
42 390
After tax
72 245
72 696
73 914
74 110
Living cost
2 750
2 750
2 750
2 750
Free-cash
69 495
69 946
71 164
71 360

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66801
₽61861
₽46207
₽46205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 866
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
52 923
Employee

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

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

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

26 193
-
103 213
-
health
1 349
-
3 823
-
income
3 610
-
24 866
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
39 638
-
Employer

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

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

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

26 193
-
103 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
85 619
116 500
-
-
income
12 843
17 475
-
-
total
12 843
17 475
-
-
Dividends
72 776
99 025
-
-
withholding
10 916
14 854
-
-
total
10 916
14 854
-
-
Income
116 500
116 500
116 500
116 500
Total tax
37 269
32 329
52 925
52 923
After tax
79 231
84 171
63 575
63 577
Living cost
17 370
17 370
17 370
17 370
Free-cash
61 861
66 801
46 205
46 207

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39185
₽38825
₽37306
₽30357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 631
surtax
-
-
-
-
social contributions

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

-
-
-
40 484
total
-
-
-
52 115
Employee
38 984
-
94 141
-
social contributions
4 289
-
10 356
-
surtax
-
-
-
-
income
7 617
-
26 349
-
total
11 906
-
36 705
-
Employer
38 984
-
94 141
-
social contributions
9 258
-
22 359
-
total
9 258
-
22 359
-
Corporate
68 258
116 500
-
-
surtax
-
-
-
-
income
14 334
24 465
-
-
total
14 334
24 465
-
-
Dividends
53 924
92 035
-
-
withholding
15 098
25 771
-
-
total
15 098
25 771
-
-
Income
116 500
116 500
116 500
116 500
Total tax
50 596
50 236
59 064
52 115
After tax
65 904
66 264
57 436
64 385
Living cost
27 079
27 079
27 079
27 079
Free-cash
38 825
39 185
30 357
37 306

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43084
₽35497
₽28692
₽25012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
24 578
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
52 508
Employee
48 510
-
88 337
-
other
48
-
88
-
income
10 132
-
22 417
-
pensions
2 280
-
4 151
-
unemployment
751
-
1 369
-
total
13 211
-
28 025
-
Employer
48 510
-
88 337
-
accident
961
-
1 750
-
other
389
-
707
-
unemployment
2 669
-
4 859
-
pensions
11 448
-
20 847
-
total
15 467
-
28 163
-
Corporate
52 524
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.

7 878
17 475
-
-
total
7 878
17 475
-
-
Dividends
44 646
99 025
-
-
withholding
9 147
20 641
-
-
total
9 147
20 641
-
-
Income
116 500
116 500
116 500
116 500
Total tax
45 703
38 116
56 188
52 508
After tax
70 797
78 384
60 312
63 992
Living cost
35 300
35 300
35 300
35 300
Free-cash
35 497
43 084
25 012
28 692

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82331
₽76213
₽72383
₽76299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 475
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
26 841
Employee
22 876
-
109 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
10 962
-
pensions

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

2 008
-
3 080
-
total
5 599
-
16 042
-
Employer
22 876
-
109 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
89 135
116 500
-
-
income
8 913
11 650
-
-
total
8 913
11 650
-
-
Dividends
80 222
104 850
-
-
withholding
4 011
5 243
-
-
total
4 011
5 243
-
-
Income
116 500
116 500
116 500
116 500
Total tax
23 011
16 893
22 925
26 841
After tax
93 489
99 607
93 575
89 659
Living cost
17 276
17 276
17 276
17 276
Free-cash
76 213
82 331
76 299
72 383

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21278
₽34417
₽29919
₽39936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
10 017
income

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

-
-
-
29 310
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.

-
-
-
6 862
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.

-
-
-
1 613
total
-
-
-
47 802
Employee

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

49 977
-
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.

6 862
-
6 862
-
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
-
1 613
-
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.

4 110
-
29 310
-
total
11 199
-
37 785
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 523
116 500
-
-
surtax

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

549
961
-
-
income
9 978
17 475
-
-
trade
9 546
16 718
-
-
chamber of commerce
250
324
-
-
total
20 323
35 478
-
-
Dividends
46 200
81 022
-
-
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.

614
1 092
-
-
withholding
11 168
19 873
-
-
total
11 782
20 965
-
-
Income
116 500
116 500
116 500
116 500
Total tax
43 304
56 443
37 785
47 802
After tax
73 196
60 057
78 715
68 698
Living cost
38 779
38 779
38 779
38 779
Free-cash
34 417
21 278
39 936
29 919

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24332
₽26551
₽18586
₽18586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 998
social contributions
-
-
-
10 699
total
-
-
-
40 697
Employee
78 569
-
116 500
-
income
14 826
-
29 998
-
social contributions
6 527
-
10 699
-
total
21 353
-
40 697
-
Employer
78 569
-
116 500
-
total
-
-
-
-
Corporate
37 931
116 500
-
-
income
4 740
14 563
-
-
total
4 740
14 563
-
-
Dividends
33 190
101 937
-
-
withholding
6 639
20 388
-
-
total
6 639
20 388
-
-
Income
116 500
116 500
116 500
116 500
Total tax
32 732
34 951
40 697
40 697
After tax
83 768
81 549
75 803
75 803
Living cost
57 217
57 217
57 217
57 217
Free-cash
26 551
24 332
18 586
18 586

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33957
₽37467
₽44717
₽49350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
111 880
-
income
5 000
-
21 449
-
social contributions
4 617
-
4 620
-
total
9 617
-
26 069
-
Employer
46 078
-
111 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
65 806
116 500
-
-
income
23 031
40 775
-
-
total
23 031
40 775
-
-
Dividends
42 774
75 725
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
116 500
116 500
116 500
116 500
Total tax
42 572
46 082
30 689
35 322
After tax
73 928
70 418
85 811
81 178
Living cost
36 461
36 461
36 461
36 461
Free-cash
37 467
33 957
49 350
44 717

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45486
₽44359
₽44511
₽33643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 898
pensions
-
-
-
7 823
total
-
-
-
34 721
Employee
51 155
-
102 327
-
health
667
-
1 717
-
income
9 316
-
19 655
-
pensions
3 904
-
10 045
-
total
13 887
-
31 417
-
Employer
51 155
-
102 327
-
pensions
5 168
-
12 228
-
health
972
-
1 944
-
total
6 140
-
14 172
-
Corporate
59 204
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.

11 249
22 136
-
-
total
11 249
22 136
-
-
Dividends
47 955
94 364
-
-
withholding
3 597
11 610
-
-
total
3 597
11 610
-
-
Income
116 500
116 500
116 500
116 500
Total tax
34 873
33 746
45 589
34 721
After tax
81 627
82 754
70 911
81 779
Living cost
37 268
37 268
37 268
37 268
Free-cash
44 359
45 486
33 643
44 511

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14432
₽5775
₽55988
₽37304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
29 665
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
36 643
Employee
37 547
-
101 288
-
health
4 299
-
11 597
-
income
5 151
-
20 873
-
pensions
4 228
-
7 645
-
total
13 678
-
40 115
-
Employer
37 547
-
101 288
-
accident
627
-
1 692
-
unemployment
920
-
2 481
-
pensions
6 105
-
11 039
-
total
7 652
-
15 212
-
Corporate
71 302
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.

64 171
104 850
-
-
total
64 171
104 850
-
-
Dividends
7 130
11 650
-
-
withholding
1 355
2 213
-
-
total
1 355
2 213
-
-
Income
116 500
116 500
116 500
116 500
Total tax
86 856
107 063
55 327
36 643
After tax
29 644
9 437
61 173
79 857
Living cost
23 869
23 869
23 869
23 869
Free-cash
5 775
-14 432
37 304
55 988

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽84469
₽79769
₽52603
₽62554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
582
health insurance
-
-
-
8 621
income
-
-
-
18 294
pensions
-
-
-
21 436
unemployment
-
-
-
1 398
total
-
-
-
50 331
Employee

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

21 706
-
116 500
-
work injury
109
-
402
-
income
2 171
-
18 294
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
40 380
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 794
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%.

948
1 165
-
-
total
948
1 165
-
-
Dividends
93 846
115 335
-
-
withholding
14 077
17 300
-
-
total
14 077
17 300
-
-
Income
116 500
116 500
116 500
116 500
Total tax
23 165
18 465
40 380
50 331
After tax
93 335
98 035
76 120
66 169
Living cost
13 566
13 566
13 566
13 566
Free-cash
79 769
84 469
62 554
52 603

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21350
₽16781
₽17397
₽12070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
regional
-
-
-
2 475
national
-
-
-
25 870
social contributions
-
-
-
29 964
total
-
-
-
59 089
Employee
84 640
-
116 500
-
social contributions
28 540
-
39 283
-
regional
1 278
-
2 109
-
municipal
505
-
696
-
national
14 303
-
22 328
-
total
44 626
-
64 416
-
Employer
84 640
-
116 500
-
total
-
-
-
-
Corporate
31 860
116 500
-
-
nationa
7 647
27 961
-
-
municipal
1 536
5 615
-
-
total
9 183
33 576
-
-
Dividends
22 676
82 924
-
-
withholding
5 896
21 560
-
-
total
5 896
21 560
-
-
Income
116 500
116 500
116 500
116 500
Total tax
59 705
55 136
64 416
59 089
After tax
56 795
61 364
52 084
57 411
Living cost
40 014
40 014
40 014
40 014
Free-cash
16 781
21 350
12 070
17 397

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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