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
₽ 117500
per

Your estimated
City
free-cash

Dresden , Germany
₽28795
₽39959
₽37654
₽48771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
trade
-
-
-
11 117
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.

-
-
-
29 638
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.

-
-
-
6 894
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.

-
-
-
1 630
total
-
-
-
49 279
Employee

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

38 599
-
117 500
-
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.

6 894
-
6 894
-
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
-
1 630
-
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.

1 078
-
29 638
-
total
8 031
-
38 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 901
117 500
-
-
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.

651
969
-
-
income
11 835
17 625
-
-
trade
12 427
18 506
-
-
chamber of commerce
266
322
-
-
total
25 179
37 422
-
-
Dividends
53 721
80 079
-
-
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.

718
1 080
-
-
withholding
13 046
19 636
-
-
total
13 764
20 716
-
-
Income
117 500
117 500
117 500
117 500
Total tax
46 974
58 138
38 162
49 279
After tax
70 526
59 362
79 338
68 221
Living cost
30 567
30 567
30 567
30 567
Free-cash
39 959
28 795
48 771
37 654

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22326
₽21478
₽19403
₽20325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
municipal
-
-
-
12 449
pensions
-
-
-
14 100
national
-
-
-
19 291
social contributions
-
-
-
1 263
total
-
-
-
47 103
Employee
79 050
-
101 578
-
municipal
9 764
-
12 904
-
pensions
3 162
-
4 063
-
national
15 130
-
19 996
-
total
28 056
-
36 963
-
Employer
79 050
-
101 578
-
social contributions
850
-
1 092
-
pensions
6 324
-
8 126
-
total
7 174
-
9 218
-
Corporate
26 059
117 500
-
-
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%.

5 212
23 500
-
-
total
5 212
23 500
-
-
Dividends
20 847
94 000
-
-
withholding
4 586
20 680
-
-
total
4 586
20 680
-
-
Income
117 500
117 500
117 500
117 500
Total tax
45 028
44 180
46 181
47 103
After tax
72 472
73 320
71 319
70 397
Living cost
50 994
50 994
50 994
50 994
Free-cash
21 478
22 326
20 325
19 403

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73005
₽64728
₽41541
₽45045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
microenterprise
-
-
-
-
income
-
-
-
17 188
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.

-
-
-
37 776
total
-
-
-
54 964
Employee
29 489
-
94 689
-
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.

3 244
-
10 416
-
surtax
-
-
-
-
income
5 249
-
18 233
-
total
8 493
-
28 649
-
Employer
29 489
-
94 689
-
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.

7 103
-
22 811
-
surtax
-
-
-
-
total
7 103
-
22 811
-
Corporate
80 908
117 500
-
-
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%.

16 181
23 500
-
-
total
16 181
23 500
-
-
Dividends

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

64 727
94 000
-
-
total
-
-
-
-
Income
117 500
117 500
117 500
117 500
Total tax
31 777
23 500
51 460
54 964
After tax
85 723
94 000
66 040
62 536
Living cost
20 995
20 995
20 995
20 995
Free-cash
64 728
73 005
45 045
41 541

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14999
₽8817
₽24917
₽19746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
26 039
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
50 307
Employee
86 180
86 180
99 990
-
health
13 228
11 251
12 038
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
37 968
-
Employer
86 180
86 180
99 990
-
unemployment
3 102
3 102
3 600
-
pensions
5 998
5 998
6 960
-
health
5 990
5 990
6 950
-
total
15 090
15 090
17 510
-
Corporate
17 286
16 229
-
-
income
3 457
3 246
-
-
total
3 457
3 246
-
-
Dividends
13 829
12 983
-
-
income
2 940
2 760
-
-
withholding
2 074
1 948
-
-
total
5 014
4 708
-
-
Income
117 500
117 500
117 500
117 500
Total tax
66 407
60 225
55 478
50 307
After tax
51 093
57 275
62 022
67 193
Living cost
42 276
42 276
42 276
42 276
Free-cash
8 817
14 999
19 746
24 917

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25163
₽24288
₽23684
₽22633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
municipal
-
-
-
27 656
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
2 411
total
-
-
-
54 824
Employee
55 560
-
90 650
-
municipal
16 568
-
27 032
-
national
-
-
1 992
-
total
16 568
-
29 024
-
Employer
55 560
-
90 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
44 483
117 500
-
-
income
9 786
25 850
-
-
total
9 786
25 850
-
-
Dividends
34 697
91 650
-
-
withholding
10 409
27 495
-
-
total
10 409
27 495
-
-
Income
117 500
117 500
117 500
117 500
Total tax
54 220
53 345
55 875
54 824
After tax
63 280
64 155
61 625
62 676
Living cost
38 992
38 992
38 992
38 992
Free-cash
24 288
25 163
22 633
23 684

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19112
₽33291
₽28084
₽39693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
trade
-
-
-
11 609
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.

-
-
-
29 638
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.

-
-
-
6 894
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.

-
-
-
1 630
total
-
-
-
49 771
Employee

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

51 178
-
117 500
-
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.

6 894
-
6 894
-
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.

241
-
1 630
-
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.

4 397
-
29 638
-
total
11 532
-
38 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 322
117 500
-
-
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.

548
969
-
-
income
9 949
17 625
-
-
trade
10 910
19 329
-
-
chamber of commerce
247
320
-
-
total
21 654
38 243
-
-
Dividends
44 668
79 257
-
-
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.

594
1 069
-
-
withholding
10 784
19 431
-
-
total
11 378
20 500
-
-
Income
117 500
117 500
117 500
117 500
Total tax
44 564
58 743
38 162
49 771
After tax
72 936
58 757
79 338
67 729
Living cost
39 645
39 645
39 645
39 645
Free-cash
33 291
19 112
39 693
28 084

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53179
₽48996
₽49759
₽48470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
15 683
health
-
-
-
2 997
social contributions
-
-
-
16 328
total
-
-
-
35 008
Employee
77 601
77 601
106 837
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
1 816
-
income
8 149
7 184
15 131
-
total
12 692
14 945
25 634
-
Employer
77 601
77 601
106 837
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
1 976
-
total
4 612
7 877
10 663
-
Corporate
67 464
32 022
-
-
income
8 432
4 003
-
-
total
8 432
4 003
-
-
Dividends
59 032
28 019
-
-
withholding
10 035
4 763
-
-
total
10 035
4 763
-
-
Income
117 500
117 500
117 500
117 500
Total tax
35 771
31 588
36 297
35 008
After tax
81 729
85 912
81 203
82 492
Living cost
32 733
32 733
32 733
32 733
Free-cash
48 996
53 179
48 470
49 759

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47797
₽48178
₽63063
₽49779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
14 364
pensions
-
-
-
11 750
unemployment
-
-
-
1 762
health
-
-
-
8 225
total
-
-
-
36 101
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.

26 469
10 534
98 326
-
health
1 853
737
6 883
-
income
3 236
1 288
12 020
-
pensions
2 647
1 053
9 833
-
unemployment
397
158
1 475
-
total
8 133
3 236
30 211
-
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.

26 469
10 534
98 326
-
pensions
5 161
2 054
19 174
-
total
5 161
2 054
19 174
-
Corporate
85 870
104 912
-
-
income
7 728
9 442
-
-
total
7 728
9 442
-
-
Dividends
78 142
95 470
-
-
social contributions
15 117
18 496
-
-
withholding
14 847
18 139
-
-
total
29 964
36 635
-
-
Income
117 500
117 500
117 500
117 500
Total tax
50 986
51 367
49 385
36 101
After tax
66 514
66 133
68 115
81 399
Living cost
18 336
18 336
18 336
18 336
Free-cash
48 178
47 797
49 779
63 063

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69625
₽63356
₽38606
₽43348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
15 744
pensions
-
-
-
23 500
health
-
-
-
15 275
total
-
-
-
54 519
Employee
28 629
-
87 818
-
income
3 223
-
16 932
-
pensions
573
-
1 756
-
unemployment
458
-
1 406
-
total
4 254
-
20 094
-
Employer
28 629
-
87 818
-
unemployment
230
-
703
-
pensions
5 726
-
17 564
-
health
3 721
-
11 416
-
total
9 677
-
29 683
-
Corporate
79 194
117 500
-
-
income
15 838
23 500
-
-
total
15 838
23 500
-
-
Dividends
63 356
94 000
-
-
total
-
-
-
-
Income
117 500
117 500
117 500
117 500
Total tax
29 769
23 500
49 777
54 519
After tax
87 731
94 000
67 723
62 981
Living cost
24 375
24 375
24 375
24 375
Free-cash
63 356
69 625
43 348
38 606

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12555
₽6132
₽58466
₽39672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
accident
-
-
-
253
income
-
-
-
29 975
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
36 962
Employee
34 721
-
102 235
-
health
3 975
-
11 706
-
income
4 763
-
21 131
-
pensions
3 910
-
7 654
-
total
12 648
-
40 491
-
Employer
34 721
-
102 235
-
accident
580
-
1 707
-
unemployment
851
-
2 505
-
pensions
5 646
-
11 053
-
total
7 077
-
15 265
-
Corporate
75 703
117 500
-
-
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.

68 133
105 750
-
-
total
68 133
105 750
-
-
Dividends
7 571
11 750
-
-
withholding
1 438
2 233
-
-
total
1 438
2 233
-
-
Income
117 500
117 500
117 500
117 500
Total tax
89 296
107 983
55 756
36 962
After tax
28 204
9 517
61 744
80 538
Living cost
22 072
22 072
22 072
22 072
Free-cash
6 132
-12 555
39 672
58 466

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102545
₽100842
₽107245
₽84920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
117 500
microenterprise

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

-
-
-
1 175
total
-
-
-
1 175
Employee
11 349
-
117 500
-
income
2 270
-
23 500
-
total
2 270
-
23 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

106 151
117 500
-
-
total
-
-
-
-
Dividends
106 151
117 500
-
-
withholding
5 308
5 875
-
-
total
5 308
5 875
-
-
Income
117 500
117 500
117 500
117 500
Total tax
7 578
5 875
23 500
1 175
After tax
109 922
111 625
94 000
116 325
Living cost
9 080
9 080
9 080
9 080
Free-cash
100 842
102 545
84 920
107 245

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
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.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59437
₽52622
₽36290
₽41149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
15 367
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.

-
-
-
28 200
other
-
-
-
5 581
health
-
-
-
5 171
total
-
-
-
54 319
Employee
36 642
-
93 848
-
health
513
-
1 314
-
income
6 308
-
16 987
-
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.

2 564
-
6 569
-
unemployment
366
-
938
-
total
9 751
-
25 808
-
Employer
36 642
-
93 848
-
accident
293
-
751
-
other
1 833
-
4 694
-
unemployment
366
-
938
-
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.

6 230
-
15 955
-
health
513
-
1 314
-
total
9 235
-
23 652
-
Corporate
71 623
117 500
-
-
income
15 041
24 674
-
-
total
15 041
24 674
-
-
Dividends
56 582
92 826
-
-
withholding
3 960
6 498
-
-
total
3 960
6 498
-
-
Income
117 500
117 500
117 500
117 500
Total tax
37 987
31 172
49 460
54 319
After tax
79 513
86 328
68 040
63 181
Living cost
26 891
26 891
26 891
26 891
Free-cash
52 622
59 437
41 149
36 290

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15754
₽6400
₽14766
₽3809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
27 115
pensions
-
-
-
7 893
total
-
-
-
35 008
Employee
95 822
-
103 207
-
health
1 579
-
1 731
-
income
17 273
-
19 811
-
pensions
9 244
-
10 130
-
total
28 096
-
31 672
-
Employer
95 822
-
103 207
-
pensions
11 314
-
12 333
-
health
1 820
-
1 960
-
total
13 134
-
14 293
-
Corporate
8 544
117 500
-
-
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
22 324
-
-
total
1 624
22 324
-
-
Dividends
6 920
95 176
-
-
withholding
520
11 696
-
-
total
520
11 696
-
-
Income
117 500
117 500
117 500
117 500
Total tax
43 374
34 020
45 965
35 008
After tax
74 126
83 480
71 535
82 492
Living cost
67 726
67 726
67 726
67 726
Free-cash
6 400
15 754
3 809
14 766

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽87223
₽82533
₽77219
₽81175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
17 625
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
27 042
Employee
17 531
-
110 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
11 058
-
pensions

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

1 539
-
3 097
-
total
4 291
-
16 165
-
Employer
17 531
-
110 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
96 529
117 500
-
-
income
9 653
11 750
-
-
total
9 653
11 750
-
-
Dividends
86 877
105 750
-
-
withholding
4 344
5 288
-
-
total
4 344
5 288
-
-
Income
117 500
117 500
117 500
117 500
Total tax
21 728
17 038
23 086
27 042
After tax
95 772
100 462
94 414
90 458
Living cost
13 239
13 239
13 239
13 239
Free-cash
82 533
87 223
81 175
77 219

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1314
₽3852
₽11232
₽6061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
26 039
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
50 307
Employee
93 564
86 180
99 990
-
health
11 673
11 251
12 038
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
37 968
-
Employer
93 564
86 180
99 990
-
unemployment
3 369
3 102
3 600
-
pensions
6 511
5 998
6 960
-
health
6 502
5 990
6 950
-
total
16 382
15 090
17 510
-
Corporate
7 554
16 229
-
-
income
1 511
3 246
-
-
total
1 511
3 246
-
-
Dividends
6 043
12 983
-
-
income
1 285
2 760
-
-
withholding
906
1 948
-
-
total
2 191
4 708
-
-
Income
117 500
117 500
117 500
117 500
Total tax
57 687
60 225
55 478
50 307
After tax
59 813
57 275
62 022
67 193
Living cost
55 961
55 961
55 961
55 961
Free-cash
3 852
1 314
6 061
11 232

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56728
₽48106
₽33057
₽35455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
10 099
health
-
-
-
15 863
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 310
total
-
-
-
60 272
Employee
35 546
-
87 687
-
social contributions
2 310
-
5 700
-
health
4 799
-
11 838
-
solidarity contribution
-
-
-
-
income
4 265
-
10 522
-
total
11 374
-
28 060
-
Employer
35 546
-
87 687
-
social contributions
8 886
-
21 922
-
health
3 199
-
7 892
-
total
12 085
-
29 814
-
Corporate
69 869
117 500
-
-
income
13 275
22 325
-
-
total
13 275
22 325
-
-
Dividends
56 594
95 175
-
-
withholding
8 489
14 276
-
-
total
8 489
14 276
-
-
Income
117 500
117 500
117 500
117 500
Total tax
45 223
36 601
57 874
60 272
After tax
72 277
80 899
59 626
57 228
Living cost
24 171
24 171
24 171
24 171
Free-cash
48 106
56 728
35 455
33 057

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽20107
₽14840
₽16554
₽10961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
municipal
-
-
-
699
regional
-
-
-
1 325
national
-
-
-
26 118
social contributions
-
-
-
30 220
total
-
-
-
58 362
Employee
89 690
-
117 500
-
social contributions
30 243
-
39 622
-
regional
846
-
1 164
-
municipal
475
-
622
-
national
15 541
-
22 547
-
total
47 105
-
63 955
-
Employer
89 690
-
117 500
-
total
-
-
-
-
Corporate
27 810
117 500
-
-
nationa
6 674
28 200
-
-
municipal
1 084
4 583
-
-
total
7 758
32 783
-
-
Dividends
20 052
84 717
-
-
withholding
5 213
22 026
-
-
total
5 213
22 026
-
-
Income
117 500
117 500
117 500
117 500
Total tax
60 076
54 809
63 955
58 362
After tax
57 424
62 691
53 545
59 138
Living cost
42 584
42 584
42 584
42 584
Free-cash
14 840
20 107
10 961
16 554

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51639
₽48497
₽35687
₽33755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
24 270
pensions
-
-
-
23 500
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 342
surtax
-
-
-
3 202
total
-
-
-
59 544
Employee
33 373
-
97 068
-
other
-
-
-
-
health
852
-
2 476
-
surtax
109
-
2 896
-
income
5 594
-
22 439
-
pensions
2 225
-
6 475
-
unemployment
2 323
-
6 757
-
total
11 103
-
41 043
-
Employer
33 373
-
97 068
-
other
-
-
-
-
unemployment
1 057
-
3 078
-
pensions
4 449
-
12 939
-
health
1 519
-
4 416
-
total
7 025
-
20 433
-
Corporate
77 102
117 500
-
-
income
20 047
30 550
-
-
total
20 047
30 550
-
-
Dividends
57 055
86 950
-
-
withholding
8 559
13 042
-
-
total
8 559
13 042
-
-
Income
117 500
117 500
117 500
117 500
Total tax
46 734
43 592
61 476
59 544
After tax
70 766
73 908
56 024
57 956
Living cost
22 269
22 269
22 269
22 269
Free-cash
48 497
51 639
33 755
35 687

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37211
₽33798
₽36223
₽25266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
27 115
pensions
-
-
-
7 893
total
-
-
-
35 008
Employee
64 218
-
103 207
-
health
932
-
1 731
-
income
11 566
-
19 811
-
pensions
5 451
-
10 130
-
total
17 949
-
31 672
-
Employer
64 218
-
103 207
-
pensions
6 952
-
12 333
-
health
1 220
-
1 960
-
total
8 172
-
14 293
-
Corporate
45 111
117 500
-
-
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.

8 571
22 324
-
-
total
8 571
22 324
-
-
Dividends
36 540
95 176
-
-
withholding
2 741
11 696
-
-
total
2 741
11 696
-
-
Income
117 500
117 500
117 500
117 500
Total tax
37 433
34 020
45 965
35 008
After tax
80 067
83 480
71 535
82 492
Living cost
46 269
46 269
46 269
46 269
Free-cash
33 798
37 211
25 266
36 223

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽22545
₽10091
₽21012
₽15180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
city
-
-
-
1 238
pensions
-
-
-
10 810
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.

-
-
-
2 351
regional
-
-
-
4 517
health
-
-
-
264
national
-
-
-
1 034
total
-
-
-
20 214
Employee
89 260
-
105 166
-
city
958
-
1 130
-
regional
2 923
-
3 877
-
health
202
-
237
-
pensions
7 499
-
8 835
-
unemployment
-
-
-
-
national
422
-
791
-
total
12 004
-
14 870
-
Employer
89 260
-
105 166
-
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.

1 785
-
2 104
-
unemployment
-
-
-
-
pensions
7 499
-
8 835
-
health
202
-
237
-
total
9 486
-
11 176
-
Corporate
17 773
117 500
-
-
regional
3 759
24 852
-
-
national
1 510
9 987
-
-
total
5 269
34 839
-
-
Dividends
12 504
82 661
-
-
withholding
4 376
28 932
-
-
total
4 376
28 932
-
-
Income
117 500
117 500
117 500
117 500
Total tax
31 135
63 771
26 046
20 214
After tax
86 365
53 729
91 454
97 286
Living cost
76 274
76 274
76 274
76 274
Free-cash
10 091
-22 545
15 180
21 012

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11923
₽28286
₽21003
₽33107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
trade
-
-
-
12 104
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.

-
-
-
29 638
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.

-
-
-
6 894
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.

-
-
-
1 630
total
-
-
-
50 266
Employee

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

60 650
-
117 500
-
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.

6 894
-
6 894
-
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.

393
-
1 630
-
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.

7 132
-
29 638
-
total
14 419
-
38 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 850
117 500
-
-
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.

469
969
-
-
income
8 528
17 625
-
-
trade
9 750
20 151
-
-
chamber of commerce
234
318
-
-
total
18 981
39 063
-
-
Dividends
37 869
78 437
-
-
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.

500
1 057
-
-
withholding
9 083
19 226
-
-
total
9 583
20 283
-
-
Income
117 500
117 500
117 500
117 500
Total tax
42 983
59 346
38 162
50 266
After tax
74 517
58 154
79 338
67 234
Living cost
46 231
46 231
46 231
46 231
Free-cash
28 286
11 923
33 107
21 003

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24694
₽30655
₽32661
₽36724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
13 535
pensions
-
-
-
26 697
other
-
-
-
3 643
health
-
-
-
3 089
surtax
-
-
-
-
social contributions
-
-
-
3 348
total
-
-
-
50 312
Employee
43 191
-
94 274
-
social contributions
1 231
-
2 687
-
surtax
-
-
-
-
income
2 549
-
15 226
-
pensions
4 884
-
5 110
-
total
8 664
-
23 023
-
Employer
43 191
-
94 274
-
other
1 490
-
3 252
-
social contributions
130
-
283
-
unemployment
1 748
-
3 819
-
pensions
7 095
-
8 860
-
health
3 024
-
7 012
-
total
13 487
-
23 226
-
Corporate
60 820
117 500
-
-
surtax
-
-
-
-
income
17 029
32 900
-
-
total
17 029
32 900
-
-
Dividends
43 791
84 600
-
-
surtax
-
-
-
-
social contributions
7 532
14 551
-
-
withholding
5 606
10 828
-
-
total
13 138
25 379
-
-
Income
117 500
117 500
117 500
117 500
Total tax
52 318
58 279
46 249
50 312
After tax
65 182
59 221
71 251
67 188
Living cost
34 527
34 527
34 527
34 527
Free-cash
30 655
24 694
36 724
32 661

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28114
₽33717
₽36081
₽40144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
13 535
pensions
-
-
-
26 697
other
-
-
-
3 643
health
-
-
-
3 089
surtax
-
-
-
-
social contributions
-
-
-
3 348
total
-
-
-
50 312
Employee
38 554
-
94 274
-
social contributions
1 099
-
2 687
-
surtax
-
-
-
-
income
1 988
-
15 226
-
pensions
4 361
-
5 110
-
total
7 448
-
23 023
-
Employer
38 554
-
94 274
-
other
1 331
-
3 252
-
social contributions
115
-
283
-
unemployment
1 561
-
3 819
-
pensions
6 335
-
8 860
-
health
2 698
-
7 012
-
total
12 040
-
23 226
-
Corporate
66 905
117 500
-
-
surtax
-
-
-
-
income
18 734
32 900
-
-
total
18 734
32 900
-
-
Dividends
48 172
84 600
-
-
surtax
-
-
-
-
social contributions
8 287
14 551
-
-
withholding
6 167
10 828
-
-
total
14 454
25 379
-
-
Income
117 500
117 500
117 500
117 500
Total tax
52 676
58 279
46 249
50 312
After tax
64 824
59 221
71 251
67 188
Living cost
31 107
31 107
31 107
31 107
Free-cash
33 717
28 114
40 144
36 081

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50287
₽50811
₽54059
₽53406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
17 625
health
-
-
-
8 202
social contributions
-
-
-
16 215
total
-
-
-
42 042
Employee
34 217
-
117 500
-
social contributions
4 723
-
16 215
-
health
2 388
-
8 202
-
income
5 707
-
18 278
-
total
12 818
-
42 695
-
Employer
34 217
-
117 500
-
total
-
-
-
-
Corporate
83 283
117 500
-
-
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%.

4 163
5 876
-
-
total
4 163
5 876
-
-
Dividends
79 119
111 624
-
-
health
5 523
7 791
-
-
social contributions
10 918
15 403
-
-
withholding
11 868
16 744
-
-
total
28 309
39 938
-
-
Income
117 500
117 500
117 500
117 500
Total tax
45 290
45 814
42 695
42 042
After tax
72 210
71 686
74 805
75 458
Living cost
21 399
21 399
21 399
21 399
Free-cash
50 811
50 287
53 406
54 059

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30026
₽28467
₽22575
-₽2048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
chamber of commerce
-
-
-
469
income
-
-
-
21 779
pensions
-
-
-
21 738
unemployment
-
-
-
6 190
health
-
-
-
8 990
surtax
-
-
-
199
total
-
-
-
59 365
Employee
50 434
40 217
91 087
-
other
504
402
912
-
health
1 952
1 557
3 526
-
income
5 742
2 967
19 262
-
pensions
5 165
4 117
9 327
-
unemployment
1 513
1 207
2 733
-
total
14 876
10 250
35 760
-
Employer
50 434
40 217
91 087
-
accident
655
523
1 184
-
other
2 396
1 909
4 326
-
chamber of commerce
201
161
364
-
unemployment
1 513
1 207
2 733
-
surtax
199
199
199
-
pensions
6 329
5 048
11 431
-
payroll
1 513
1 207
2 733
-
health
1 906
1 521
3 443
-
total
14 712
11 775
26 413
-
Corporate
52 354
65 509
87 257
-
income

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

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

13 088
16 378
21 815
-
total
13 088
16 378
21 815
-
Dividends
39 266
49 130
-
-
withholding
10 797
13 511
-
-
total
10 797
13 511
-
-
Income
117 500
117 500
117 500
117 500
Total tax
53 473
51 914
83 988
59 365
After tax
64 027
65 586
33 512
58 135
Living cost
35 560
35 560
35 560
35 560
Free-cash
28 467
30 026
-2 048
22 575

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29044
₽13907
₽16529
₽7935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
national
-
-
-
39 402
communal

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

-
-
-
5 920
social contributions
-
-
-
18 853
total
-
-
-
64 175
Employee

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

72 187
-
91 008
-
communal

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

3 765
-
4 748
-
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.

3 392
-
4 276
-
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.

5 414
-
6 825
-
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.

628
-
791
-
national
22 193
-
29 636
-
total
35 392
-
46 276
-
Employer

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

72 187
-
91 008
-
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.

938
-
1 184
-
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.

1 053
-
1 329
-
surtax
8 185
-
10 319
-
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.

6 396
-
8 063
-
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.

4 439
-
5 598
-
total
21 011
-
26 493
-
Corporate
24 300
117 500
-
-
surtax
98
469
-
-
income
4 861
23 500
-
-
total
4 959
23 969
-
-
Dividends
19 342
93 530
-
-
withholding

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

5 435
27 691
-
-
total
5 435
27 691
-
-
Income
117 500
117 500
117 500
117 500
Total tax
66 797
51 660
72 769
64 175
After tax
50 703
65 840
44 731
53 325
Living cost
36 796
36 796
36 796
36 796
Free-cash
13 907
29 044
7 935
16 529

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42602
₽34646
₽28132
₽24352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
accident
-
-
-
843
income
-
-
-
24 859
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
52 922
Employee
50 235
-
89 097
-
other
50
-
90
-
income
10 599
-
22 640
-
pensions
2 361
-
4 188
-
unemployment
779
-
1 381
-
total
13 789
-
28 299
-
Employer
50 235
-
89 097
-
accident
994
-
1 764
-
other
400
-
712
-
unemployment
2 764
-
4 901
-
pensions
11 855
-
21 026
-
total
16 013
-
28 403
-
Corporate
51 253
117 500
-
-
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.

7 687
17 625
-
-
total
7 687
17 625
-
-
Dividends
43 566
99 875
-
-
withholding
8 919
20 827
-
-
total
8 919
20 827
-
-
Income
117 500
117 500
117 500
117 500
Total tax
46 408
38 452
56 702
52 922
After tax
71 092
79 048
60 798
64 578
Living cost
36 446
36 446
36 446
36 446
Free-cash
34 646
42 602
24 352
28 132

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16432
₽8758
₽9930
₽14682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
accident
-
-
-
990
income
-
-
-
12 617
pensions
-
-
-
17 611
health
-
-
-
8 256
surtax
-
-
-
5 826
communal
-
-
-
7 427
total
-
-
-
52 727
Employee
76 425
-
104 958
-
health
3 401
-
4 671
-
surtax
4 684
-
6 433
-
income
7 382
-
15 933
-
pensions
6 113
-
8 396
-
total
21 580
-
35 433
-
Employer
76 425
-
104 958
-
accident
688
-
944
-
pensions
6 113
-
8 396
-
health
2 331
-
3 202
-
total
9 132
-
12 542
-
Corporate
31 944
117 500
-
-
surtax
335
1 233
-
-
communal
-
7 930
-
-
income
4 792
17 625
-
-
total
5 127
26 788
-
-
Dividends
26 817
90 711
-
-
income
14 038
5 830
-
-
withholding
4 022
13 607
-
-
total
18 060
19 437
-
-
Income
117 500
117 500
117 500
117 500
Total tax
53 899
46 225
47 975
52 727
After tax
63 601
71 275
69 525
64 773
Living cost
54 843
54 843
54 843
54 843
Free-cash
8 758
16 432
14 682
9 930

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51241
₽48031
₽35289
₽33357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
24 270
pensions
-
-
-
23 500
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 342
surtax
-
-
-
3 202
total
-
-
-
59 544
Employee
33 986
-
97 068
-
other
-
-
-
-
health
868
-
2 476
-
surtax
121
-
2 896
-
income
5 697
-
22 439
-
pensions
2 267
-
6 475
-
unemployment
2 365
-
6 757
-
total
11 318
-
41 043
-
Employer
33 986
-
97 068
-
other
-
-
-
-
unemployment
1 078
-
3 078
-
pensions
4 531
-
12 939
-
health
1 545
-
4 416
-
total
7 154
-
20 433
-
Corporate
76 359
117 500
-
-
income
19 854
30 550
-
-
total
19 854
30 550
-
-
Dividends
56 505
86 950
-
-
withholding
8 476
13 042
-
-
total
8 476
13 042
-
-
Income
117 500
117 500
117 500
117 500
Total tax
46 802
43 592
61 476
59 544
After tax
70 698
73 908
56 024
57 956
Living cost
22 667
22 667
22 667
22 667
Free-cash
48 031
51 241
33 357
35 289

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34576
₽32334
₽31506
₽25943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
municipal
-
-
-
699
regional
-
-
-
1 772
national
-
-
-
26 118
social contributions
-
-
-
30 220
total
-
-
-
58 809
Employee
55 981
-
117 500
-
social contributions
18 877
-
39 622
-
regional
754
-
1 581
-
municipal
297
-
622
-
national
8 869
-
22 547
-
total
28 797
-
64 372
-
Employer
55 981
-
117 500
-
total
-
-
-
-
Corporate
61 519
117 500
-
-
nationa
14 766
28 200
-
-
municipal
3 058
5 839
-
-
total
17 824
34 039
-
-
Dividends
43 695
83 461
-
-
withholding
11 360
21 700
-
-
total
11 360
21 700
-
-
Income
117 500
117 500
117 500
117 500
Total tax
57 981
55 739
64 372
58 809
After tax
59 519
61 761
53 128
58 691
Living cost
27 185
27 185
27 185
27 185
Free-cash
32 334
34 576
25 943
31 506

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51114
₽40489
₽27443
₽29841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
10 099
health
-
-
-
15 863
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 310
total
-
-
-
60 272
Employee
43 801
-
87 687
-
social contributions
2 847
-
5 700
-
health
5 913
-
11 838
-
solidarity contribution
-
-
-
-
income
5 256
-
10 522
-
total
14 016
-
28 060
-
Employer
43 801
-
87 687
-
social contributions
10 950
-
21 922
-
health
3 942
-
7 892
-
total
14 892
-
29 814
-
Corporate
58 806
117 500
-
-
income
11 173
22 325
-
-
total
11 173
22 325
-
-
Dividends
47 633
95 175
-
-
withholding
7 145
14 276
-
-
total
7 145
14 276
-
-
Income
117 500
117 500
117 500
117 500
Total tax
47 226
36 601
57 874
60 272
After tax
70 274
80 899
59 626
57 228
Living cost
29 785
29 785
29 785
29 785
Free-cash
40 489
51 114
29 841
27 443

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33498
₽33001
₽26137
₽1352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
chamber of commerce
-
-
-
469
income
-
-
-
21 779
pensions
-
-
-
21 738
unemployment
-
-
-
6 190
health
-
-
-
8 990
surtax
-
-
-
-
total
-
-
-
59 166
Employee
44 114
40 217
91 242
-
other
440
402
912
-
health
1 706
1 557
3 531
-
income
3 930
2 967
19 316
-
pensions
4 518
4 117
9 344
-
unemployment
1 323
1 207
2 737
-
total
11 917
10 250
35 840
-
Employer
44 114
40 217
91 242
-
accident
573
523
1 185
-
other
2 095
1 909
4 334
-
chamber of commerce
176
161
366
-
unemployment
1 323
1 207
2 737
-
surtax
-
-
-
-
pensions
5 537
5 048
11 450
-
payroll
1 323
1 207
2 737
-
health
1 668
1 521
3 449
-
total
12 695
11 576
26 258
-
Corporate
60 690
65 708
87 412
-
income

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

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

15 173
16 428
21 853
-
total
15 173
16 428
21 853
-
Dividends
45 517
49 280
-
-
withholding
12 517
13 551
-
-
total
12 517
13 551
-
-
Income
117 500
117 500
117 500
117 500
Total tax
52 302
51 805
83 951
59 166
After tax
65 198
65 695
33 549
58 334
Living cost
32 197
32 197
32 197
32 197
Free-cash
33 001
33 498
1 352
26 137

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97476
₽94823
₽102176
₽79851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
117 500
microenterprise

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

-
-
-
1 175
total
-
-
-
1 175
Employee
17 686
-
117 500
-
income
3 537
-
23 500
-
total
3 537
-
23 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

99 814
117 500
-
-
total
-
-
-
-
Dividends
99 814
117 500
-
-
withholding
4 991
5 875
-
-
total
4 991
5 875
-
-
Income
117 500
117 500
117 500
117 500
Total tax
8 528
5 875
23 500
1 175
After tax
108 972
111 625
94 000
116 325
Living cost
14 149
14 149
14 149
14 149
Free-cash
94 823
97 476
79 851
102 176

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53830
₽45389
₽32995
₽29629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
income
-
-
-
24 239
pensions
-
-
-
21 459
unemployment
-
-
-
176
health
-
-
-
11 562
total
-
-
-
57 436
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.

44 626
-
101 670
-
health
2 882
-
6 567
-
income
7 696
-
22 504
-
pensions
6 917
-
15 759
-
unemployment
63
-
142
-
total
17 558
-
44 972
-
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.

44 626
-
101 670
-
unemployment
27
-
61
-
pensions
3 949
-
8 997
-
health
2 972
-
6 772
-
total
6 948
-
15 830
-
Corporate
65 926
117 500
-
-
income
12 527
22 324
-
-
total
12 527
22 324
-
-
Dividends
53 399
95 176
-
-
withholding
8 009
14 277
-
-
total
8 009
14 277
-
-
Income
117 500
117 500
117 500
117 500
Total tax
45 042
36 601
60 802
57 436
After tax
72 458
80 899
56 698
60 064
Living cost
27 069
27 069
27 069
27 069
Free-cash
45 389
53 830
29 629
32 995

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27903
-₽33109
₽37618
₽60628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
22 903
social contributions
-
-
-
13 395
total
-
-
-
36 298
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
117 500
-
-
income
-
25 850
-
-
total
-
25 850
-
-
Dividends
-
91 650
-
-
income
-
20 163
-
-
total
-
20 163
-
-
Income
117 500
117 500
117 500
117 500
Total tax
107 025
46 013
13 288
36 298
After tax
10 475
71 487
104 212
81 202
Living cost
43 584
43 584
43 584
43 584
Free-cash
-33 109
27 903
60 628
37 618

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
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.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35179
₽34164
₽33263
₽26231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
income
-
-
-
11 750
surtax
-
-
-
-
social contributions

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

-
-
-
40 832
total
-
-
-
52 582
Employee
46 415
-
94 950
-
social contributions
5 106
-
10 445
-
surtax
-
-
-
-
income
9 654
-
26 619
-
total
14 760
-
37 064
-
Employer
46 415
-
94 950
-
social contributions
11 023
-
22 550
-
total
11 023
-
22 550
-
Corporate
60 062
117 500
-
-
surtax
-
-
-
-
income
12 613
24 674
-
-
total
12 613
24 674
-
-
Dividends
47 449
92 826
-
-
withholding
13 285
25 992
-
-
total
13 285
25 992
-
-
Income
117 500
117 500
117 500
117 500
Total tax
51 681
50 666
59 614
52 582
After tax
65 819
66 834
57 886
64 918
Living cost
31 655
31 655
31 655
31 655
Free-cash
34 164
35 179
26 231
33 263

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10479
₽17414
₽18446
₽22509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
13 535
pensions
-
-
-
26 697
other
-
-
-
3 643
health
-
-
-
3 089
surtax
-
-
-
-
social contributions
-
-
-
3 348
total
-
-
-
50 312
Employee
63 207
-
94 274
-
social contributions
1 800
-
2 687
-
surtax
-
-
-
-
income
5 515
-
15 226
-
pensions
7 149
-
5 110
-
total
14 464
-
23 023
-
Employer
63 207
-
94 274
-
other
2 181
-
3 252
-
social contributions
190
-
283
-
unemployment
2 561
-
3 819
-
pensions
10 386
-
8 860
-
health
4 424
-
7 012
-
total
19 742
-
23 226
-
Corporate
34 552
117 500
-
-
surtax
-
-
-
-
income
9 675
32 900
-
-
total
9 675
32 900
-
-
Dividends
24 877
84 600
-
-
surtax
-
-
-
-
social contributions
4 278
14 551
-
-
withholding
3 185
10 828
-
-
total
7 463
25 379
-
-
Income
117 500
117 500
117 500
117 500
Total tax
51 344
58 279
46 249
50 312
After tax
66 156
59 221
71 251
67 188
Living cost
48 742
48 742
48 742
48 742
Free-cash
17 414
10 479
22 509
18 446

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75415
₽72023
₽58279
₽61400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
3 037
social contributions
-
-
-
25 848
total
-
-
-
28 885
Employee
32 444
-
101 733
-
income
-
-
3 384
-
social contributions
2 109
-
6 613
-
total
2 109
-
9 997
-
Employer
32 444
-
101 733
-
social contributions
5 029
-
15 767
-
total
5 029
-
15 767
-
Corporate
80 027
117 500
-
-
income
8 003
11 749
-
-
total
8 003
11 749
-
-
Dividends
72 024
105 751
-
-
total
-
-
-
-
Income
117 500
117 500
117 500
117 500
Total tax
15 141
11 749
25 764
28 885
After tax
102 359
105 751
91 736
88 615
Living cost
30 336
30 336
30 336
30 336
Free-cash
72 023
75 415
61 400
58 279

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽102473
-₽102473
₽23274
-₽102473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
municipal
-
-
-
22 684
pensions
-
-
-
875
national
-
-
-
12 714
labour market
-
-
-
9 330
total
-
-
-
45 603
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
117 500
117 500
117 500
117 500
Total tax
171 350
171 350
171 350
45 603
After tax
-53 850
-53 850
-53 850
71 897
Living cost
48 623
48 623
48 623
48 623
Free-cash
-102 473
-102 473
-102 473
23 274

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12229
₽6183
₽58792
₽39998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
accident
-
-
-
253
income
-
-
-
29 975
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
36 962
Employee
34 209
-
102 235
-
health
3 917
-
11 706
-
income
4 693
-
21 131
-
pensions
3 852
-
7 654
-
total
12 462
-
40 491
-
Employer
34 209
-
102 235
-
accident
571
-
1 707
-
unemployment
838
-
2 505
-
pensions
5 562
-
11 053
-
total
6 971
-
15 265
-
Corporate
76 320
117 500
-
-
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.

68 688
105 750
-
-
total
68 688
105 750
-
-
Dividends
7 632
11 750
-
-
withholding
1 450
2 233
-
-
total
1 450
2 233
-
-
Income
117 500
117 500
117 500
117 500
Total tax
89 571
107 983
55 756
36 962
After tax
27 929
9 517
61 744
80 538
Living cost
21 746
21 746
21 746
21 746
Free-cash
6 183
-12 229
39 998
58 792

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
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.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38114
₽37634
₽42836
₽26726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
117 500
municipal
-
-
-
20 900
health
-
-
-
1 388
national
-
-
-
13 631
total
-
-
-
35 919
Employee
53 095
-
98 849
-
health
396
-
1 101
-
municipal
8 697
-
16 127
-
pensions
3 583
-
6 672
-
unemployment
797
-
1 482
-
national
877
-
7 995
-
total
14 350
-
33 377
-
Employer
53 095
-
98 849
-
accident
54
-
100
-
unemployment
345
-
642
-
pensions
9 212
-
17 150
-
health
408
-
760
-
total
10 019
-
18 652
-
Corporate
54 387
117 500
-
-
income
10 878
23 500
-
-
total
10 878
23 500
-
-
Dividends

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

32 632
70 500
-
-
national
-
4 451
-
-
municipal
5 874
12 690
-
-
total
5 874
17 141
-
-
Income
117 500
117 500
117 500
117 500
Total tax
41 121
40 641
52 029
35 919
After tax
76 379
76 859
65 471
81 581
Living cost
38 745
38 745
38 745
38 745
Free-cash
37 634
38 114
26 726
42 836

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62547
₽57057
₽59127
₽57838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
15 683
health
-
-
-
2 997
social contributions
-
-
-
16 328
total
-
-
-
35 008
Employee
77 601
77 601
106 837
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
1 816
-
income
8 449
7 184
15 131
-
total
11 984
14 945
25 634
-
Employer
77 601
77 601
106 837
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
1 976
-
total
3 587
7 877
10 663
-
Corporate
78 563
32 022
-
-
income
9 821
4 003
-
-
total
9 821
4 003
-
-
Dividends
68 742
28 019
-
-
withholding
11 686
4 763
-
-
total
11 686
4 763
-
-
Income
117 500
117 500
117 500
117 500
Total tax
37 078
31 588
36 297
35 008
After tax
80 422
85 912
81 203
82 492
Living cost
23 365
23 365
23 365
23 365
Free-cash
57 057
62 547
57 838
59 127

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81279
₽76145
₽79921
₽59678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
117 500
income
-
-
-
11 456
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
21 556
Employee

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

23 164
-
107 637
-
health
1 969
-
8 139
-
income
1 584
-
8 955
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
31 936
-
Employer

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

23 164
-
107 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
91 951
117 500
-
-
income
8 275
10 575
-
-
total
8 275
10 575
-
-
Dividends
83 676
106 925
-
-
withholding
7 530
9 623
-
-
total
7 530
9 623
-
-
Income
117 500
117 500
117 500
117 500
Total tax
25 332
20 198
41 799
21 556
After tax
92 168
97 302
75 701
95 944
Living cost
16 023
16 023
16 023
16 023
Free-cash
76 145
81 279
59 678
79 921

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51297
₽46086
₽36827
₽33047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
accident
-
-
-
843
income
-
-
-
24 859
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
52 922
Employee
37 315
-
89 097
-
other
36
-
90
-
income
7 194
-
22 640
-
pensions
1 754
-
4 188
-
unemployment
578
-
1 381
-
total
9 562
-
28 299
-
Employer
37 315
-
89 097
-
accident
739
-
1 764
-
other
299
-
712
-
unemployment
2 053
-
4 901
-
pensions
8 806
-
21 026
-
total
11 897
-
28 403
-
Corporate
68 288
117 500
-
-
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.

10 244
17 625
-
-
total
10 244
17 625
-
-
Dividends
58 044
99 875
-
-
withholding
11 960
20 827
-
-
total
11 960
20 827
-
-
Income
117 500
117 500
117 500
117 500
Total tax
43 663
38 452
56 702
52 922
After tax
73 837
79 048
60 798
64 578
Living cost
27 751
27 751
27 751
27 751
Free-cash
46 086
51 297
33 047
36 827

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70564
₽70110
₽72001
₽71803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
39 276
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
42 743
Employee
4 198
-
115 238
-
health
210
-
503
-
income
812
-
39 170
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
40 679
-
Employer
4 198
-
115 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
112 358
117 500
-
-
income
24 719
25 850
-
-
total
24 719
25 850
-
-
Dividends
87 639
91 650
-
-
withholding
17 528
18 330
-
-
total
17 528
18 330
-
-
Income
117 500
117 500
117 500
117 500
Total tax
44 634
44 180
42 941
42 743
After tax
72 866
73 320
74 559
74 757
Living cost
2 756
2 756
2 756
2 756
Free-cash
70 110
70 564
71 803
72 001

Estimated living cost  is ₽2756 per week

₽1638
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67441
₽62476
₽46714
₽46715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
income
-
-
-
25 140
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
53 333
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.

26 319
-
104 149
-
health
1 355
-
3 841
-
income
3 628
-
25 140
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
39 982
-
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.

26 319
-
104 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
86 470
117 500
-
-
income
12 971
17 625
-
-
total
12 971
17 625
-
-
Dividends
73 500
99 875
-
-
withholding
11 025
14 981
-
-
total
11 025
14 981
-
-
Income
117 500
117 500
117 500
117 500
Total tax
37 571
32 606
53 332
53 333
After tax
79 929
84 894
64 168
64 167
Living cost
17 453
17 453
17 453
17 453
Free-cash
62 476
67 441
46 715
46 714

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39627
₽39265
₽37711
₽30679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
income
-
-
-
11 750
surtax
-
-
-
-
social contributions

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

-
-
-
40 832
total
-
-
-
52 582
Employee
39 169
-
94 950
-
social contributions
4 309
-
10 445
-
surtax
-
-
-
-
income
7 653
-
26 619
-
total
11 962
-
37 064
-
Employer
39 169
-
94 950
-
social contributions
9 302
-
22 550
-
total
9 302
-
22 550
-
Corporate
69 030
117 500
-
-
surtax
-
-
-
-
income
14 495
24 674
-
-
total
14 495
24 674
-
-
Dividends
54 534
92 826
-
-
withholding
15 269
25 992
-
-
total
15 269
25 992
-
-
Income
117 500
117 500
117 500
117 500
Total tax
51 028
50 666
59 614
52 582
After tax
66 472
66 834
57 886
64 918
Living cost
27 207
27 207
27 207
27 207
Free-cash
39 265
39 627
30 679
37 711

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43581
₽35966
₽29111
₽25331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
accident
-
-
-
843
income
-
-
-
24 859
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
52 922
Employee
48 739
-
89 097
-
other
48
-
90
-
income
10 180
-
22 640
-
pensions
2 290
-
4 188
-
unemployment
755
-
1 381
-
total
13 273
-
28 299
-
Employer
48 739
-
89 097
-
accident
965
-
1 764
-
other
391
-
712
-
unemployment
2 681
-
4 901
-
pensions
11 502
-
21 026
-
total
15 539
-
28 403
-
Corporate
53 222
117 500
-
-
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.

7 984
17 625
-
-
total
7 984
17 625
-
-
Dividends
45 238
99 875
-
-
withholding
9 271
20 827
-
-
total
9 271
20 827
-
-
Income
117 500
117 500
117 500
117 500
Total tax
46 067
38 452
56 702
52 922
After tax
71 433
79 048
60 798
64 578
Living cost
35 467
35 467
35 467
35 467
Free-cash
35 966
43 581
25 331
29 111

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83091
₽76939
₽73087
₽77043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
17 625
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
27 042
Employee
23 001
-
110 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
11 058
-
pensions

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

2 019
-
3 097
-
total
5 630
-
16 165
-
Employer
23 001
-
110 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
89 986
117 500
-
-
income
8 998
11 750
-
-
total
8 998
11 750
-
-
Dividends
80 988
105 750
-
-
withholding
4 049
5 288
-
-
total
4 049
5 288
-
-
Income
117 500
117 500
117 500
117 500
Total tax
23 190
17 038
23 086
27 042
After tax
94 310
100 462
94 414
90 458
Living cost
17 371
17 371
17 371
17 371
Free-cash
76 939
83 091
77 043
73 087

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21607
₽34811
₽30247
₽40376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
trade
-
-
-
10 129
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.

-
-
-
29 638
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.

-
-
-
6 894
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.

-
-
-
1 630
total
-
-
-
48 291
Employee

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

50 213
-
117 500
-
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.

6 894
-
6 894
-
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.

228
-
1 630
-
income

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

4 129
-
29 638
-
total
11 251
-
38 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 287
117 500
-
-
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.

555
969
-
-
income
10 093
17 625
-
-
trade
9 656
16 861
-
-
chamber of commerce
253
326
-
-
total
20 557
35 781
-
-
Dividends
46 730
81 720
-
-
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.

620
1 103
-
-
withholding
11 299
20 047
-
-
total
11 919
21 150
-
-
Income
117 500
117 500
117 500
117 500
Total tax
43 727
56 931
38 162
48 291
After tax
73 773
60 569
79 338
69 209
Living cost
38 962
38 962
38 962
38 962
Free-cash
34 811
21 607
40 376
30 247

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24763
₽26992
₽18894
₽18894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
30 320
social contributions
-
-
-
10 799
total
-
-
-
41 119
Employee
78 941
-
117 500
-
income
14 896
-
30 320
-
social contributions
6 558
-
10 799
-
total
21 454
-
41 119
-
Employer
78 941
-
117 500
-
total
-
-
-
-
Corporate
38 559
117 500
-
-
income
4 820
14 687
-
-
total
4 820
14 687
-
-
Dividends
33 739
102 813
-
-
withholding
6 747
20 563
-
-
total
6 747
20 563
-
-
Income
117 500
117 500
117 500
117 500
Total tax
33 021
35 250
41 119
41 119
After tax
84 479
82 250
76 381
76 381
Living cost
57 487
57 487
57 487
57 487
Free-cash
26 992
24 763
18 894
18 894

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34409
₽37938
₽45398
₽49918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
112 858
-
income
5 023
-
21 664
-
social contributions
4 638
-
4 642
-
total
9 661
-
26 306
-
Employer
46 295
-
112 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
66 566
117 500
-
-
income
23 297
41 125
-
-
total
23 297
41 125
-
-
Dividends
43 269
76 375
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
117 500
117 500
117 500
117 500
Total tax
42 928
46 457
30 948
35 468
After tax
74 572
71 043
86 552
82 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
37 938
34 409
49 918
45 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45865
₽44708
₽44877
₽33920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
income
-
-
-
27 115
pensions
-
-
-
7 893
total
-
-
-
35 008
Employee
51 632
-
103 207
-
health
674
-
1 731
-
income
9 403
-
19 811
-
pensions
3 941
-
10 130
-
total
14 018
-
31 672
-
Employer
51 632
-
103 207
-
pensions
5 216
-
12 333
-
health
981
-
1 960
-
total
6 197
-
14 293
-
Corporate
59 670
117 500
-
-
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.

11 338
22 324
-
-
total
11 338
22 324
-
-
Dividends
48 332
95 176
-
-
withholding
3 624
11 696
-
-
total
3 624
11 696
-
-
Income
117 500
117 500
117 500
117 500
Total tax
35 177
34 020
45 965
35 008
After tax
82 323
83 480
71 535
82 492
Living cost
37 615
37 615
37 615
37 615
Free-cash
44 708
45 865
33 920
44 877

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽14383
₽5851
₽56638
₽37844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
accident
-
-
-
253
income
-
-
-
29 975
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
36 962
Employee
37 595
-
102 235
-
health
4 304
-
11 706
-
income
5 158
-
21 131
-
pensions
4 233
-
7 654
-
total
13 695
-
40 491
-
Employer
37 595
-
102 235
-
accident
628
-
1 707
-
unemployment
921
-
2 505
-
pensions
6 113
-
11 053
-
total
7 662
-
15 265
-
Corporate
72 244
117 500
-
-
income

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

65 019
105 750
-
-
total
65 019
105 750
-
-
Dividends
7 225
11 750
-
-
withholding
1 373
2 233
-
-
total
1 373
2 233
-
-
Income
117 500
117 500
117 500
117 500
Total tax
87 749
107 983
55 756
36 962
After tax
29 751
9 517
61 744
80 538
Living cost
23 900
23 900
23 900
23 900
Free-cash
5 851
-14 383
37 844
56 638

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85245
₽80523
₽53096
₽63218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 500
work injury
-
-
-
587
health insurance
-
-
-
8 695
income
-
-
-
18 461
pensions
-
-
-
21 620
unemployment
-
-
-
1 410
total
-
-
-
50 773
Employee

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

21 810
-
117 500
-
work injury
109
-
403
-
income
2 181
-
18 461
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
40 651
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 690
117 500
-
-
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%.

957
1 175
-
-
total
957
1 175
-
-
Dividends
94 733
116 325
-
-
withholding
14 210
17 449
-
-
total
14 210
17 449
-
-
Income
117 500
117 500
117 500
117 500
Total tax
23 346
18 624
40 651
50 773
After tax
94 154
98 876
76 849
66 727
Living cost
13 631
13 631
13 631
13 631
Free-cash
80 523
85 245
63 218
53 096

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽21688
₽17095
₽17674
₽12297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 500
municipal
-
-
-
785
regional
-
-
-
2 500
national
-
-
-
26 118
social contributions
-
-
-
30 220
total
-
-
-
59 623
Employee
85 040
-
117 500
-
social contributions
28 675
-
39 622
-
regional
1 284
-
2 130
-
municipal
508
-
701
-
national
14 371
-
22 547
-
total
44 838
-
65 000
-
Employer
85 040
-
117 500
-
total
-
-
-
-
Corporate
32 460
117 500
-
-
nationa
7 791
28 200
-
-
municipal
1 565
5 663
-
-
total
9 356
33 863
-
-
Dividends
23 105
83 637
-
-
withholding
6 008
21 746
-
-
total
6 008
21 746
-
-
Income
117 500
117 500
117 500
117 500
Total tax
60 202
55 609
65 000
59 623
After tax
57 298
61 891
52 500
57 877
Living cost
40 203
40 203
40 203
40 203
Free-cash
17 095
21 688
12 297
17 674

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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