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
₽ 119500
per

Your estimated
City
free-cash

Dresden , Germany
₽29626
₽40855
₽38401
₽49790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
trade
-
-
-
11 389
income

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

-
-
-
30 364
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.

-
-
-
6 934
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.

-
-
-
1 670
total
-
-
-
50 357
Employee

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

38 820
-
119 500
-
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.

6 934
-
6 934
-
surtax

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

60
-
1 670
-
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.

1 084
-
30 364
-
total
8 078
-
38 968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 680
119 500
-
-
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.

666
986
-
-
income
12 101
17 926
-
-
trade
12 706
18 821
-
-
chamber of commerce
270
326
-
-
total
25 743
38 059
-
-
Dividends
54 936
81 441
-
-
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.

734
1 098
-
-
withholding
13 348
19 975
-
-
total
14 082
21 073
-
-
Income
119 500
119 500
119 500
119 500
Total tax
47 903
59 132
38 968
50 357
After tax
71 597
60 368
80 532
69 143
Living cost
30 742
30 742
30 742
30 742
Free-cash
40 855
29 626
49 790
38 401

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23420
₽22569
₽20401
₽21339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
municipal
-
-
-
12 679
pensions
-
-
-
14 340
national
-
-
-
19 647
social contributions
-
-
-
1 285
total
-
-
-
47 951
Employee
79 289
-
103 307
-
municipal
9 793
-
13 141
-
pensions
3 172
-
4 132
-
national
15 176
-
20 364
-
total
28 141
-
37 637
-
Employer
79 289
-
103 307
-
social contributions
852
-
1 111
-
pensions
6 343
-
8 265
-
total
7 195
-
9 376
-
Corporate
27 783
119 500
-
-
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%.

5 557
23 900
-
-
total
5 557
23 900
-
-
Dividends
22 226
95 600
-
-
withholding
4 890
21 032
-
-
total
4 890
21 032
-
-
Income
119 500
119 500
119 500
119 500
Total tax
45 783
44 932
47 013
47 951
After tax
73 717
74 568
72 487
71 549
Living cost
51 148
51 148
51 148
51 148
Free-cash
22 569
23 420
21 339
20 401

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74485
₽66160
₽42474
₽46036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
microenterprise
-
-
-
-
income
-
-
-
17 492
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.

-
-
-
38 419
total
-
-
-
55 911
Employee
29 657
-
96 301
-
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.

3 263
-
10 593
-
surtax
-
-
-
-
income
5 279
-
18 557
-
total
8 542
-
29 150
-
Employer
29 657
-
96 301
-
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.

7 144
-
23 199
-
surtax
-
-
-
-
total
7 144
-
23 199
-
Corporate
82 699
119 500
-
-
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%.

16 539
23 900
-
-
total
16 539
23 900
-
-
Dividends

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

66 160
95 600
-
-
total
-
-
-
-
Income
119 500
119 500
119 500
119 500
Total tax
32 225
23 900
52 349
55 911
After tax
87 275
95 600
67 151
63 589
Living cost
21 115
21 115
21 115
21 115
Free-cash
66 160
74 485
46 036
42 474

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽15761
₽9544
₽25882
₽20927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
26 693
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
51 100
Employee
86 673
86 673
101 692
-
health
13 303
11 316
12 171
-
income

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

14 187
14 187
14 187
-
pensions
15 601
11 891
11 891
-
total
43 091
37 394
38 249
-
Employer
86 673
86 673
101 692
-
unemployment
3 120
3 120
3 661
-
pensions
6 032
6 032
7 078
-
health
6 025
6 025
7 067
-
total
15 177
15 177
17 806
-
Corporate
18 713
17 650
-
-
income
3 742
3 530
-
-
total
3 742
3 530
-
-
Dividends
14 971
14 119
-
-
income
3 182
3 001
-
-
withholding
2 246
2 119
-
-
total
5 428
5 120
-
-
Income
119 500
119 500
119 500
119 500
Total tax
67 438
61 221
56 055
51 100
After tax
52 062
58 279
63 445
68 400
Living cost
42 518
42 518
42 518
42 518
Free-cash
9 544
15 761
20 927
25 882

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26109
₽25231
₽24557
₽23503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
municipal
-
-
-
28 225
accident
-
-
-
171
pensions
-
-
-
9 272
other
-
-
-
9 967
unemployment
-
-
-
86
health
-
-
-
5 352
national
-
-
-
2 732
total
-
-
-
55 805
Employee
55 768
-
92 549
-
municipal
16 630
-
27 598
-
national
-
-
2 312
-
total
16 630
-
29 910
-
Employer
55 768
-
92 549
-
accident
112
-
171
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
pensions
6 028
-
9 272
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
46 210
119 500
-
-
income
10 166
26 290
-
-
total
10 166
26 290
-
-
Dividends
36 043
93 210
-
-
withholding
10 813
27 963
-
-
total
10 813
27 963
-
-
Income
119 500
119 500
119 500
119 500
Total tax
55 131
54 253
56 859
55 805
After tax
64 369
65 247
62 641
63 695
Living cost
39 138
39 138
39 138
39 138
Free-cash
25 231
26 109
23 503
24 557

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19885
₽34146
₽28766
₽40661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
trade
-
-
-
11 895
income

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

-
-
-
30 364
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.

-
-
-
6 934
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.

-
-
-
1 670
total
-
-
-
50 863
Employee

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

51 470
-
119 500
-
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.

6 934
-
6 934
-
surtax

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

243
-
1 670
-
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.

4 422
-
30 364
-
total
11 599
-
38 968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 030
119 500
-
-
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.

560
986
-
-
income
10 204
17 926
-
-
trade
11 190
19 657
-
-
chamber of commerce
250
324
-
-
total
22 204
38 893
-
-
Dividends
45 824
80 607
-
-
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.

609
1 086
-
-
withholding
11 071
19 765
-
-
total
11 680
20 851
-
-
Income
119 500
119 500
119 500
119 500
Total tax
45 483
59 744
38 968
50 863
After tax
74 017
59 756
80 532
68 637
Living cost
39 871
39 871
39 871
39 871
Free-cash
34 146
19 885
40 661
28 766

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54450
₽50240
₽50949
₽49643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
16 162
health
-
-
-
3 047
social contributions
-
-
-
16 422
total
-
-
-
35 631
Employee
78 045
78 045
108 751
-
social contributions
3 792
6 477
8 737
-
health
776
1 327
1 849
-
income
8 195
7 225
15 601
-
total
12 763
15 029
26 187
-
Employer
78 045
78 045
108 751
-
social contributions
3 792
6 477
8 737
-
health
846
1 445
2 013
-
total
4 638
7 922
10 750
-
Corporate
69 178
33 533
-
-
income
8 648
4 191
-
-
total
8 648
4 191
-
-
Dividends
60 530
29 342
-
-
withholding
10 291
4 988
-
-
total
10 291
4 988
-
-
Income
119 500
119 500
119 500
119 500
Total tax
36 340
32 130
36 937
35 631
After tax
83 160
87 370
82 563
83 869
Living cost
32 920
32 920
32 920
32 920
Free-cash
50 240
54 450
49 643
50 949

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48775
₽49160
₽64304
₽50796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
14 609
pensions
-
-
-
11 950
unemployment
-
-
-
1 793
health
-
-
-
8 365
total
-
-
-
36 717
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.

26 675
10 616
100 000
-
health
1 867
743
7 000
-
income
3 261
1 298
12 225
-
pensions
2 667
1 062
10 000
-
unemployment
400
159
1 500
-
total
8 195
3 262
30 725
-
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.

26 675
10 616
100 000
-
pensions
5 202
2 070
19 500
-
total
5 202
2 070
19 500
-
Corporate
87 624
106 814
-
-
income
7 886
9 613
-
-
total
7 886
9 613
-
-
Dividends
79 738
97 200
-
-
social contributions
15 428
18 833
-
-
withholding
15 150
18 468
-
-
total
30 578
37 301
-
-
Income
119 500
119 500
119 500
119 500
Total tax
51 861
52 246
50 225
36 717
After tax
67 639
67 254
69 275
82 783
Living cost
18 479
18 479
18 479
18 479
Free-cash
49 160
48 775
50 796
64 304

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71085
₽64781
₽39536
₽44365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
16 013
pensions
-
-
-
23 900
health
-
-
-
15 536
total
-
-
-
55 449
Employee
28 793
-
89 313
-
income
3 242
-
17 219
-
pensions
576
-
1 785
-
unemployment
460
-
1 429
-
total
4 278
-
20 433
-
Employer
28 793
-
89 313
-
unemployment
231
-
715
-
pensions
5 759
-
17 862
-
health
3 742
-
11 610
-
total
9 732
-
30 187
-
Corporate
80 975
119 500
-
-
income
16 194
23 900
-
-
total
16 194
23 900
-
-
Dividends
64 781
95 600
-
-
total
-
-
-
-
Income
119 500
119 500
119 500
119 500
Total tax
30 204
23 900
50 620
55 449
After tax
89 296
95 600
68 880
64 051
Living cost
24 515
24 515
24 515
24 515
Free-cash
64 781
71 085
44 365
39 536

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12437
₽6286
₽59781
₽40770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
accident
-
-
-
254
income
-
-
-
30 600
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
37 602
Employee
34 791
-
104 134
-
health
3 984
-
11 923
-
income
4 773
-
21 654
-
pensions
3 918
-
7 670
-
total
12 675
-
41 247
-
Employer
34 791
-
104 134
-
accident
581
-
1 739
-
unemployment
852
-
2 551
-
pensions
5 657
-
11 076
-
total
7 090
-
15 366
-
Corporate
77 619
119 500
-
-
income

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

69 857
107 550
-
-
total
69 857
107 550
-
-
Dividends
7 762
11 950
-
-
withholding
1 475
2 270
-
-
total
1 475
2 270
-
-
Income
119 500
119 500
119 500
119 500
Total tax
91 097
109 820
56 613
37 602
After tax
28 403
9 680
62 887
81 898
Living cost
22 117
22 117
22 117
22 117
Free-cash
6 286
-12 437
40 770
59 781

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104265
₽102529
₽109045
₽86340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
119 500
microenterprise

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

-
-
-
1 195
total
-
-
-
1 195
Employee
11 575
-
119 500
-
income
2 315
-
23 900
-
total
2 315
-
23 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

107 925
119 500
-
-
total
-
-
-
-
Dividends
107 925
119 500
-
-
withholding
5 396
5 975
-
-
total
5 396
5 975
-
-
Income
119 500
119 500
119 500
119 500
Total tax
7 711
5 975
23 900
1 195
After tax
111 789
113 525
95 600
118 305
Living cost
9 260
9 260
9 260
9 260
Free-cash
102 529
104 265
86 340
109 045

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽60753
₽53899
₽37165
₽42104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
15 676
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.

-
-
-
28 681
other
-
-
-
5 676
health
-
-
-
5 258
total
-
-
-
55 291
Employee
36 852
-
95 445
-
health
516
-
1 337
-
income
6 344
-
17 323
-
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.

2 579
-
6 682
-
unemployment
368
-
955
-
total
9 807
-
26 297
-
Employer
36 852
-
95 445
-
accident
295
-
763
-
other
1 843
-
4 773
-
unemployment
368
-
955
-
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.

6 265
-
16 227
-
health
516
-
1 337
-
total
9 287
-
24 055
-
Corporate
73 361
119 500
-
-
income
15 407
25 095
-
-
total
15 407
25 095
-
-
Dividends
57 954
94 405
-
-
withholding
4 056
6 608
-
-
total
4 056
6 608
-
-
Income
119 500
119 500
119 500
119 500
Total tax
38 557
31 703
50 352
55 291
After tax
80 943
87 797
69 148
64 209
Living cost
27 044
27 044
27 044
27 044
Free-cash
53 899
60 753
42 104
37 165

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16300
₽6981
₽15328
₽4173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
27 687
pensions
-
-
-
7 996
total
-
-
-
35 683
Employee
96 902
-
104 953
-
health
1 597
-
1 760
-
income
17 468
-
20 251
-
pensions
9 348
-
10 280
-
total
28 413
-
32 291
-
Employer
96 902
-
104 953
-
pensions
11 441
-
12 553
-
health
1 840
-
1 994
-
total
13 281
-
14 547
-
Corporate
9 316
119 500
-
-
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.

1 770
22 705
-
-
total
1 770
22 705
-
-
Dividends
7 546
96 795
-
-
withholding
566
12 006
-
-
total
566
12 006
-
-
Income
119 500
119 500
119 500
119 500
Total tax
44 030
34 711
46 838
35 683
After tax
75 470
84 789
72 662
83 817
Living cost
68 489
68 489
68 489
68 489
Free-cash
6 981
16 300
4 173
15 328

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽88860
₽84143
₽78792
₽82840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
17 925
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
27 395
Employee
17 628
-
112 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
11 254
-
pensions

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

1 548
-
3 114
-
total
4 316
-
16 389
-
Employer
17 628
-
112 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
98 413
119 500
-
-
income
9 841
11 950
-
-
total
9 841
11 950
-
-
Dividends
88 572
107 550
-
-
withholding
4 428
5 377
-
-
total
4 428
5 377
-
-
Income
119 500
119 500
119 500
119 500
Total tax
22 044
17 327
23 347
27 395
After tax
97 456
102 173
96 153
92 105
Living cost
13 313
13 313
13 313
13 313
Free-cash
84 143
88 860
82 840
78 792

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1998
₽4552
₽12119
₽7164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
26 693
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
51 100
Employee
94 099
86 673
101 692
-
health
11 739
11 316
12 171
-
income

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

14 187
14 187
14 187
-
pensions
11 891
11 891
11 891
-
total
37 817
37 394
38 249
-
Employer
94 099
86 673
101 692
-
unemployment
3 388
3 120
3 661
-
pensions
6 549
6 032
7 078
-
health
6 539
6 025
7 067
-
total
16 476
15 177
17 806
-
Corporate
8 926
17 650
-
-
income
1 785
3 530
-
-
total
1 785
3 530
-
-
Dividends
7 140
14 119
-
-
income
1 518
3 001
-
-
withholding
1 071
2 119
-
-
total
2 589
5 120
-
-
Income
119 500
119 500
119 500
119 500
Total tax
58 667
61 221
56 055
51 100
After tax
60 833
58 279
63 445
68 400
Living cost
56 281
56 281
56 281
56 281
Free-cash
4 552
1 998
7 164
12 119

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57945
₽49265
₽33871
₽36311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
10 271
health
-
-
-
16 133
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 894
total
-
-
-
61 298
Employee
35 781
-
89 179
-
social contributions
2 326
-
5 797
-
health
4 830
-
12 039
-
solidarity contribution
-
-
-
-
income
4 294
-
10 701
-
total
11 450
-
28 537
-
Employer
35 781
-
89 179
-
social contributions
8 945
-
22 295
-
health
3 220
-
8 026
-
total
12 165
-
30 321
-
Corporate
71 553
119 500
-
-
income
13 595
22 705
-
-
total
13 595
22 705
-
-
Dividends
57 958
96 795
-
-
withholding
8 694
14 519
-
-
total
8 694
14 519
-
-
Income
119 500
119 500
119 500
119 500
Total tax
45 904
37 224
58 858
61 298
After tax
73 596
82 276
60 642
58 202
Living cost
24 331
24 331
24 331
24 331
Free-cash
49 265
57 945
36 311
33 871

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20929
₽15633
₽17233
₽11547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
municipal
-
-
-
711
regional
-
-
-
1 350
national
-
-
-
26 643
social contributions
-
-
-
30 736
total
-
-
-
59 440
Employee
90 203
-
119 500
-
social contributions
30 416
-
40 295
-
regional
851
-
1 186
-
municipal
478
-
634
-
national
15 630
-
23 011
-
total
47 375
-
65 126
-
Employer
90 203
-
119 500
-
total
-
-
-
-
Corporate
29 297
119 500
-
-
nationa
7 032
28 681
-
-
municipal
1 142
4 661
-
-
total
8 174
33 342
-
-
Dividends
21 123
86 158
-
-
withholding
5 491
22 402
-
-
total
5 491
22 402
-
-
Income
119 500
119 500
119 500
119 500
Total tax
61 040
55 744
65 126
59 440
After tax
58 460
63 756
54 374
60 060
Living cost
42 827
42 827
42 827
42 827
Free-cash
15 633
20 929
11 547
17 233

Estimated living cost  is ₽42827 per week

₽29854
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.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52769
₽49611
₽36352
₽34384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
24 844
pensions
-
-
-
23 900
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 484
surtax
-
-
-
3 292
total
-
-
-
60 751
Employee
33 564
-
98 720
-
other
-
-
-
-
health
857
-
2 517
-
surtax
110
-
2 982
-
income
5 626
-
22 984
-
pensions
2 238
-
6 585
-
unemployment
2 336
-
6 870
-
total
11 167
-
41 938
-
Employer
33 564
-
98 720
-
other
-
-
-
-
unemployment
1 063
-
3 130
-
pensions
4 474
-
13 159
-
health
1 527
-
4 492
-
total
7 064
-
20 781
-
Corporate
78 871
119 500
-
-
income
20 507
31 069
-
-
total
20 507
31 069
-
-
Dividends
58 365
88 431
-
-
withholding
8 754
13 265
-
-
total
8 754
13 265
-
-
Income
119 500
119 500
119 500
119 500
Total tax
47 492
44 334
62 719
60 751
After tax
72 008
75 166
56 781
58 749
Living cost
22 397
22 397
22 397
22 397
Free-cash
49 611
52 769
34 384
36 352

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37999
₽34687
₽37027
₽25872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
27 687
pensions
-
-
-
7 996
total
-
-
-
35 683
Employee
64 941
-
104 953
-
health
943
-
1 760
-
income
11 696
-
20 251
-
pensions
5 512
-
10 280
-
total
18 151
-
32 291
-
Employer
64 941
-
104 953
-
pensions
7 030
-
12 553
-
health
1 234
-
1 994
-
total
8 264
-
14 547
-
Corporate
46 295
119 500
-
-
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.

8 796
22 705
-
-
total
8 796
22 705
-
-
Dividends
37 500
96 795
-
-
withholding
2 812
12 006
-
-
total
2 812
12 006
-
-
Income
119 500
119 500
119 500
119 500
Total tax
38 023
34 711
46 838
35 683
After tax
81 477
84 789
72 662
83 817
Living cost
46 790
46 790
46 790
46 790
Free-cash
34 687
37 999
25 872
37 027

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22697
₽10394
₽21588
₽15658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
city
-
-
-
1 259
pensions
-
-
-
10 993
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.

-
-
-
2 390
regional
-
-
-
4 603
health
-
-
-
268
national
-
-
-
1 057
total
-
-
-
20 570
Employee
90 510
-
106 960
-
city
971
-
1 148
-
regional
2 964
-
3 953
-
health
205
-
240
-
pensions
7 604
-
8 985
-
unemployment
-
-
-
-
national
428
-
810
-
total
12 172
-
15 136
-
Employer
90 510
-
106 960
-
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.

1 810
-
2 139
-
unemployment
-
-
-
-
pensions
7 604
-
8 985
-
health
205
-
240
-
total
9 619
-
11 364
-
Corporate
18 376
119 500
-
-
regional
3 887
25 273
-
-
national
1 561
10 157
-
-
total
5 448
35 430
-
-
Dividends
12 928
84 070
-
-
withholding
4 525
29 425
-
-
total
4 525
29 425
-
-
Income
119 500
119 500
119 500
119 500
Total tax
31 764
64 855
26 500
20 570
After tax
87 736
54 645
93 000
98 930
Living cost
77 342
77 342
77 342
77 342
Free-cash
10 394
-22 697
15 658
21 588

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12644
₽29102
₽21635
₽34037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
trade
-
-
-
12 402
income

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

-
-
-
30 364
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.

-
-
-
6 934
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.

-
-
-
1 670
total
-
-
-
51 370
Employee

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

60 997
-
119 500
-
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.

6 934
-
6 934
-
surtax

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

395
-
1 670
-
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.

7 173
-
30 364
-
total
14 502
-
38 968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 503
119 500
-
-
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.

483
986
-
-
income
8 775
17 926
-
-
trade
10 033
20 495
-
-
chamber of commerce
237
322
-
-
total
19 528
39 729
-
-
Dividends
38 975
79 771
-
-
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.

514
1 075
-
-
withholding
9 359
19 557
-
-
total
9 873
20 632
-
-
Income
119 500
119 500
119 500
119 500
Total tax
43 903
60 361
38 968
51 370
After tax
75 597
59 139
80 532
68 130
Living cost
46 495
46 495
46 495
46 495
Free-cash
29 102
12 644
34 037
21 635

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25504
₽31502
₽33577
₽37522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
13 929
pensions
-
-
-
26 959
other
-
-
-
3 704
health
-
-
-
3 201
surtax
-
-
-
-
social contributions
-
-
-
3 405
total
-
-
-
51 198
Employee
43 438
-
95 781
-
social contributions
1 238
-
2 729
-
surtax
-
-
-
-
income
2 564
-
15 570
-
pensions
4 911
-
5 235
-
total
8 713
-
23 534
-
Employer
43 438
-
95 781
-
other
1 498
-
3 305
-
social contributions
131
-
287
-
unemployment
1 758
-
3 879
-
pensions
7 136
-
9 070
-
health
3 041
-
7 178
-
total
13 564
-
23 719
-
Corporate
62 496
119 500
-
-
surtax
-
-
-
-
income
17 498
33 460
-
-
total
17 498
33 460
-
-
Dividends
44 998
86 040
-
-
surtax
-
-
-
-
social contributions
7 739
14 798
-
-
withholding
5 759
11 013
-
-
total
13 498
25 811
-
-
Income
119 500
119 500
119 500
119 500
Total tax
53 273
59 271
47 253
51 198
After tax
66 227
60 229
72 247
68 302
Living cost
34 725
34 725
34 725
34 725
Free-cash
31 502
25 504
37 522
33 577

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28945
₽34582
₽37018
₽40963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
13 929
pensions
-
-
-
26 959
other
-
-
-
3 704
health
-
-
-
3 201
surtax
-
-
-
-
social contributions
-
-
-
3 405
total
-
-
-
51 198
Employee
38 775
-
95 781
-
social contributions
1 106
-
2 729
-
surtax
-
-
-
-
income
1 999
-
15 570
-
pensions
4 386
-
5 235
-
total
7 491
-
23 534
-
Employer
38 775
-
95 781
-
other
1 339
-
3 305
-
social contributions
116
-
287
-
unemployment
1 570
-
3 879
-
pensions
6 371
-
9 070
-
health
2 714
-
7 178
-
total
12 110
-
23 719
-
Corporate
68 616
119 500
-
-
surtax
-
-
-
-
income
19 212
33 460
-
-
total
19 212
33 460
-
-
Dividends
49 404
86 040
-
-
surtax
-
-
-
-
social contributions
8 498
14 798
-
-
withholding
6 323
11 013
-
-
total
14 821
25 811
-
-
Income
119 500
119 500
119 500
119 500
Total tax
53 634
59 271
47 253
51 198
After tax
65 866
60 229
72 247
68 302
Living cost
31 284
31 284
31 284
31 284
Free-cash
34 582
28 945
40 963
37 018

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51384
₽51909
₽55219
₽54497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
17 926
health
-
-
-
8 342
social contributions
-
-
-
16 491
total
-
-
-
42 759
Employee
34 413
-
119 500
-
social contributions
4 750
-
16 491
-
health
2 402
-
8 342
-
income
5 740
-
18 648
-
total
12 892
-
43 481
-
Employer
34 413
-
119 500
-
total
-
-
-
-
Corporate
85 087
119 500
-
-
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%.

4 255
5 975
-
-
total
4 255
5 975
-
-
Dividends
80 833
113 525
-
-
health
5 641
7 924
-
-
social contributions
11 156
15 667
-
-
withholding
12 125
17 028
-
-
total
28 922
40 619
-
-
Income
119 500
119 500
119 500
119 500
Total tax
46 069
46 594
43 481
42 759
After tax
73 431
72 906
76 019
76 741
Living cost
21 522
21 522
21 522
21 522
Free-cash
51 909
51 384
54 497
55 219

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30925
₽29350
₽23409
-₽1824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
chamber of commerce
-
-
-
478
income
-
-
-
22 419
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
200
total
-
-
-
60 328
Employee
50 723
40 447
92 639
-
other
507
404
926
-
health
1 963
1 566
3 584
-
income
5 774
2 983
19 729
-
pensions
5 195
4 141
9 486
-
unemployment
1 522
1 213
2 779
-
total
14 961
10 307
36 504
-
Employer
50 723
40 447
92 639
-
accident
659
526
1 204
-
other
2 410
1 920
4 401
-
chamber of commerce
202
162
370
-
unemployment
1 522
1 213
2 779
-
surtax
200
200
200
-
pensions
6 366
5 077
11 626
-
payroll
1 522
1 213
2 779
-
health
1 916
1 529
3 502
-
total
14 797
11 840
26 861
-
Corporate
53 981
67 211
88 787
-
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.

13 496
16 803
22 196
-
total
13 496
16 803
22 196
-
Dividends
40 485
50 408
-
-
withholding
11 133
13 862
-
-
total
11 133
13 862
-
-
Income
119 500
119 500
119 500
119 500
Total tax
54 387
52 812
85 561
60 328
After tax
65 113
66 688
33 939
59 172
Living cost
35 763
35 763
35 763
35 763
Free-cash
29 350
30 925
-1 824
23 409

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29949
₽14726
₽17127
₽8374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
national
-
-
-
40 197
communal

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

-
-
-
6 021
social contributions
-
-
-
19 149
total
-
-
-
65 367
Employee

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

72 600
-
92 554
-
communal

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

3 787
-
4 827
-
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.

3 411
-
4 351
-
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.

5 445
-
6 942
-
unemployment

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

632
-
805
-
national
22 320
-
30 249
-
total
35 595
-
47 174
-
Employer

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

72 600
-
92 554
-
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.

944
-
1 204
-
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.

1 059
-
1 352
-
surtax
8 232
-
10 497
-
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.

6 433
-
8 201
-
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.

4 465
-
5 692
-
total
21 133
-
26 946
-
Corporate
25 767
119 500
-
-
surtax
104
478
-
-
income
5 154
23 900
-
-
total
5 258
24 378
-
-
Dividends
20 509
95 122
-
-
withholding

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

5 782
28 167
-
-
total
5 782
28 167
-
-
Income
119 500
119 500
119 500
119 500
Total tax
67 768
52 545
74 120
65 367
After tax
51 732
66 955
45 380
54 133
Living cost
37 006
37 006
37 006
37 006
Free-cash
14 726
29 949
8 374
17 127

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
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.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43716
₽35734
₽29130
₽25089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
accident
-
-
-
847
income
-
-
-
25 494
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
53 716
Employee
50 522
-
90 611
-
other
50
-
91
-
income
10 660
-
23 118
-
pensions
2 375
-
4 259
-
unemployment
784
-
1 404
-
total
13 869
-
28 872
-
Employer
50 522
-
90 611
-
accident
1 000
-
1 793
-
other
403
-
724
-
unemployment
2 779
-
4 983
-
pensions
11 922
-
21 385
-
total
16 104
-
28 885
-
Corporate
52 874
119 500
-
-
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.

7 932
17 926
-
-
total
7 932
17 926
-
-
Dividends
44 943
101 574
-
-
withholding
9 207
21 204
-
-
total
9 207
21 204
-
-
Income
119 500
119 500
119 500
119 500
Total tax
47 112
39 130
57 757
53 716
After tax
72 388
80 370
61 743
65 784
Living cost
36 654
36 654
36 654
36 654
Free-cash
35 734
43 716
25 089
29 130

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17277
₽9502
₽10523
₽15325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
accident
-
-
-
1 007
income
-
-
-
13 026
pensions
-
-
-
17 912
health
-
-
-
8 398
surtax
-
-
-
5 925
communal
-
-
-
7 552
total
-
-
-
53 820
Employee
76 861
-
106 742
-
health
3 421
-
4 752
-
surtax
4 711
-
6 541
-
income
7 424
-
16 427
-
pensions
6 148
-
8 540
-
total
21 704
-
36 260
-
Employer
76 861
-
106 742
-
accident
691
-
961
-
pensions
6 148
-
8 540
-
health
2 344
-
3 257
-
total
9 183
-
12 758
-
Corporate
33 455
119 500
-
-
surtax
351
1 254
-
-
communal
-
8 066
-
-
income
5 017
17 926
-
-
total
5 368
27 246
-
-
Dividends
28 087
92 254
-
-
income
14 374
5 981
-
-
withholding
4 212
13 839
-
-
total
18 586
19 820
-
-
Income
119 500
119 500
119 500
119 500
Total tax
54 841
47 066
49 018
53 820
After tax
64 659
72 434
70 482
65 680
Living cost
55 157
55 157
55 157
55 157
Free-cash
9 502
17 277
15 325
10 523

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
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.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52369
₽49142
₽35952
₽33984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
24 844
pensions
-
-
-
23 900
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 484
surtax
-
-
-
3 292
total
-
-
-
60 751
Employee
34 180
-
98 720
-
other
-
-
-
-
health
873
-
2 517
-
surtax
121
-
2 982
-
income
5 730
-
22 984
-
pensions
2 280
-
6 585
-
unemployment
2 379
-
6 870
-
total
11 383
-
41 938
-
Employer
34 180
-
98 720
-
other
-
-
-
-
unemployment
1 084
-
3 130
-
pensions
4 557
-
13 159
-
health
1 554
-
4 492
-
total
7 195
-
20 781
-
Corporate
78 124
119 500
-
-
income
20 312
31 069
-
-
total
20 312
31 069
-
-
Dividends
57 812
88 431
-
-
withholding
8 671
13 265
-
-
total
8 671
13 265
-
-
Income
119 500
119 500
119 500
119 500
Total tax
47 561
44 334
62 719
60 751
After tax
71 939
75 166
56 781
58 749
Living cost
22 797
22 797
22 797
22 797
Free-cash
49 142
52 369
33 984
35 952

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35469
₽33216
₽32267
₽26612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
municipal
-
-
-
711
regional
-
-
-
1 802
national
-
-
-
26 643
social contributions
-
-
-
30 736
total
-
-
-
59 892
Employee
56 301
-
119 500
-
social contributions
18 985
-
40 295
-
regional
758
-
1 607
-
municipal
299
-
634
-
national
8 920
-
23 011
-
total
28 962
-
65 547
-
Employer
56 301
-
119 500
-
total
-
-
-
-
Corporate
63 199
119 500
-
-
nationa
15 168
28 681
-
-
municipal
3 141
5 940
-
-
total
18 309
34 621
-
-
Dividends
44 890
84 879
-
-
withholding
11 672
22 069
-
-
total
11 672
22 069
-
-
Income
119 500
119 500
119 500
119 500
Total tax
58 943
56 690
65 547
59 892
After tax
60 557
62 810
53 953
59 608
Living cost
27 341
27 341
27 341
27 341
Free-cash
33 216
35 469
26 612
32 267

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52294
₽41598
₽28220
₽30660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
10 271
health
-
-
-
16 133
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 894
total
-
-
-
61 298
Employee
44 092
-
89 179
-
social contributions
2 866
-
5 797
-
health
5 952
-
12 039
-
solidarity contribution
-
-
-
-
income
5 291
-
10 701
-
total
14 109
-
28 537
-
Employer
44 092
-
89 179
-
social contributions
11 023
-
22 295
-
health
3 968
-
8 026
-
total
14 991
-
30 321
-
Corporate
60 417
119 500
-
-
income
11 479
22 705
-
-
total
11 479
22 705
-
-
Dividends
48 938
96 795
-
-
withholding
7 341
14 519
-
-
total
7 341
14 519
-
-
Income
119 500
119 500
119 500
119 500
Total tax
47 920
37 224
58 858
61 298
After tax
71 580
82 276
60 642
58 202
Living cost
29 982
29 982
29 982
29 982
Free-cash
41 598
52 294
30 660
28 220

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34415
₽33912
₽26991
₽1591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
chamber of commerce
-
-
-
478
income
-
-
-
22 419
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
-
total
-
-
-
60 128
Employee
44 366
40 447
92 795
-
other
443
404
928
-
health
1 716
1 566
3 592
-
income
3 952
2 983
19 781
-
pensions
4 544
4 141
9 503
-
unemployment
1 331
1 213
2 783
-
total
11 986
10 307
36 587
-
Employer
44 366
40 447
92 795
-
accident
576
526
1 206
-
other
2 107
1 920
4 409
-
chamber of commerce
177
162
372
-
unemployment
1 331
1 213
2 783
-
surtax
-
-
-
-
pensions
5 568
5 077
11 645
-
payroll
1 331
1 213
2 783
-
health
1 678
1 529
3 507
-
total
12 768
11 640
26 705
-
Corporate
62 366
67 412
88 943
-
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.

15 591
16 853
22 236
-
total
15 591
16 853
22 236
-
Dividends
46 774
50 559
-
-
withholding
12 862
13 904
-
-
total
12 862
13 904
-
-
Income
119 500
119 500
119 500
119 500
Total tax
53 207
52 704
85 528
60 128
After tax
66 293
66 796
33 972
59 372
Living cost
32 381
32 381
32 381
32 381
Free-cash
33 912
34 415
1 591
26 991

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99094
₽96388
₽103874
₽81169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
119 500
microenterprise

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

-
-
-
1 195
total
-
-
-
1 195
Employee
18 038
-
119 500
-
income
3 608
-
23 900
-
total
3 608
-
23 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

101 462
119 500
-
-
total
-
-
-
-
Dividends
101 462
119 500
-
-
withholding
5 073
5 975
-
-
total
5 073
5 975
-
-
Income
119 500
119 500
119 500
119 500
Total tax
8 681
5 975
23 900
1 195
After tax
110 819
113 525
95 600
118 305
Living cost
14 430
14 430
14 430
14 430
Free-cash
96 388
99 094
81 169
103 874

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽55054
₽46561
₽33814
₽30388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
income
-
-
-
24 701
pensions
-
-
-
21 824
unemployment
-
-
-
179
health
-
-
-
11 759
total
-
-
-
58 463
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.

44 881
-
103 400
-
health
2 899
-
6 680
-
income
7 740
-
22 937
-
pensions
6 957
-
16 027
-
unemployment
64
-
144
-
total
17 660
-
45 788
-
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.

44 881
-
103 400
-
unemployment
27
-
62
-
pensions
3 972
-
9 151
-
health
2 989
-
6 888
-
total
6 988
-
16 101
-
Corporate
67 631
119 500
-
-
income
12 851
22 704
-
-
total
12 851
22 704
-
-
Dividends
54 780
96 796
-
-
withholding
8 217
14 519
-
-
total
8 217
14 519
-
-
Income
119 500
119 500
119 500
119 500
Total tax
45 716
37 223
61 889
58 463
After tax
73 784
82 277
57 611
61 037
Living cost
27 223
27 223
27 223
27 223
Free-cash
46 561
55 054
30 388
33 814

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28692
-₽32588
₽38572
₽62070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
23 293
social contributions
-
-
-
13 623
total
-
-
-
36 916
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
Corporate
-
119 500
-
-
income
-
26 290
-
-
total
-
26 290
-
-
Dividends
-
93 210
-
-
income
-
20 506
-
-
total
-
20 506
-
-
Income
119 500
119 500
119 500
119 500
Total tax
108 076
46 796
13 418
36 916
After tax
11 424
72 704
106 082
82 584
Living cost
44 012
44 012
44 012
44 012
Free-cash
-32 588
28 692
62 070
38 572

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
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.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36136
₽35113
₽34135
₽26905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
income
-
-
-
12 003
surtax
-
-
-
-
social contributions

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

-
-
-
41 526
total
-
-
-
53 529
Employee
46 680
-
96 566
-
social contributions
5 135
-
10 622
-
surtax
-
-
-
-
income
9 710
-
27 203
-
total
14 845
-
37 825
-
Employer
46 680
-
96 566
-
social contributions
11 086
-
22 934
-
total
11 086
-
22 934
-
Corporate
61 734
119 500
-
-
surtax
-
-
-
-
income
12 964
25 095
-
-
total
12 964
25 095
-
-
Dividends
48 769
94 405
-
-
withholding
13 656
26 433
-
-
total
13 656
26 433
-
-
Income
119 500
119 500
119 500
119 500
Total tax
52 551
51 528
60 759
53 529
After tax
66 949
67 972
58 741
65 971
Living cost
31 836
31 836
31 836
31 836
Free-cash
35 113
36 136
26 905
34 135

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11208
₽18186
₽19281
₽23226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
13 929
pensions
-
-
-
26 959
other
-
-
-
3 704
health
-
-
-
3 201
surtax
-
-
-
-
social contributions
-
-
-
3 405
total
-
-
-
51 198
Employee
63 568
-
95 781
-
social contributions
1 810
-
2 729
-
surtax
-
-
-
-
income
5 546
-
15 570
-
pensions
7 190
-
5 235
-
total
14 546
-
23 534
-
Employer
63 568
-
95 781
-
other
2 194
-
3 305
-
social contributions
191
-
287
-
unemployment
2 575
-
3 879
-
pensions
10 445
-
9 070
-
health
4 449
-
7 178
-
total
19 854
-
23 719
-
Corporate
36 078
119 500
-
-
surtax
-
-
-
-
income
10 102
33 460
-
-
total
10 102
33 460
-
-
Dividends
25 976
86 040
-
-
surtax
-
-
-
-
social contributions
4 467
14 798
-
-
withholding
3 324
11 013
-
-
total
7 791
25 811
-
-
Income
119 500
119 500
119 500
119 500
Total tax
52 293
59 271
47 253
51 198
After tax
67 207
60 229
72 247
68 302
Living cost
49 021
49 021
49 021
49 021
Free-cash
18 186
11 208
23 226
19 281

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
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.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77042
₽73630
₽59545
₽62718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
3 157
social contributions
-
-
-
26 289
total
-
-
-
29 446
Employee
32 630
-
103 464
-
income
-
-
3 511
-
social contributions
2 121
-
6 726
-
total
2 121
-
10 237
-
Employer
32 630
-
103 464
-
social contributions
5 058
-
16 036
-
total
5 058
-
16 036
-
Corporate
81 813
119 500
-
-
income
8 182
11 949
-
-
total
8 182
11 949
-
-
Dividends
73 631
107 551
-
-
total
-
-
-
-
Income
119 500
119 500
119 500
119 500
Total tax
15 361
11 949
26 273
29 446
After tax
104 139
107 551
93 227
90 054
Living cost
30 509
30 509
30 509
30 509
Free-cash
73 630
77 042
62 718
59 545

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽101640
-₽101640
₽24169
-₽101640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
municipal
-
-
-
23 132
pensions
-
-
-
880
national
-
-
-
12 948
labour market
-
-
-
9 490
total
-
-
-
46 450
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
119 500
119 500
119 500
119 500
Total tax
172 259
172 259
172 259
46 450
After tax
-52 759
-52 759
-52 759
73 050
Living cost
48 881
48 881
48 881
48 881
Free-cash
-101 640
-101 640
-101 640
24 169

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12110
₽6337
₽60107
₽41096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
accident
-
-
-
254
income
-
-
-
30 600
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
37 602
Employee
34 278
-
104 134
-
health
3 925
-
11 923
-
income
4 703
-
21 654
-
pensions
3 860
-
7 670
-
total
12 488
-
41 247
-
Employer
34 278
-
104 134
-
accident
572
-
1 739
-
unemployment
840
-
2 551
-
pensions
5 574
-
11 076
-
total
6 986
-
15 366
-
Corporate
78 236
119 500
-
-
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.

70 412
107 550
-
-
total
70 412
107 550
-
-
Dividends
7 824
11 950
-
-
withholding
1 486
2 270
-
-
total
1 486
2 270
-
-
Income
119 500
119 500
119 500
119 500
Total tax
91 372
109 820
56 613
37 602
After tax
28 128
9 680
62 887
81 898
Living cost
21 790
21 790
21 790
21 790
Free-cash
6 337
-12 110
41 096
60 107

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39113
₽38768
₽43874
₽27488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
119 500
municipal
-
-
-
21 254
health
-
-
-
1 418
national
-
-
-
13 987
total
-
-
-
36 659
Employee
53 399
-
100 530
-
health
399
-
1 125
-
municipal
8 746
-
16 400
-
pensions
3 604
-
6 786
-
unemployment
801
-
1 508
-
national
882
-
8 257
-
total
14 432
-
34 076
-
Employer
53 399
-
100 530
-
accident
54
-
100
-
unemployment
347
-
653
-
pensions
9 264
-
17 442
-
health
410
-
774
-
total
10 075
-
18 969
-
Corporate
56 026
119 500
-
-
income
11 206
23 900
-
-
total
11 206
23 900
-
-
Dividends

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

33 615
71 700
-
-
national
-
4 613
-
-
municipal
6 052
12 907
-
-
total
6 052
17 520
-
-
Income
119 500
119 500
119 500
119 500
Total tax
41 765
41 420
53 045
36 659
After tax
77 735
78 080
66 455
82 841
Living cost
38 967
38 967
38 967
38 967
Free-cash
38 768
39 113
27 488
43 874

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63871
₽58346
₽60370
₽59064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
16 162
health
-
-
-
3 047
social contributions
-
-
-
16 422
total
-
-
-
35 631
Employee
78 045
78 045
108 751
-
social contributions
2 951
6 477
8 737
-
health
605
1 327
1 849
-
income
8 498
7 225
15 601
-
total
12 054
15 029
26 187
-
Employer
78 045
78 045
108 751
-
social contributions
2 951
6 477
8 737
-
health
657
1 445
2 013
-
total
3 608
7 922
10 750
-
Corporate
80 340
33 533
-
-
income
10 042
4 191
-
-
total
10 042
4 191
-
-
Dividends
70 298
29 342
-
-
withholding
11 951
4 988
-
-
total
11 951
4 988
-
-
Income
119 500
119 500
119 500
119 500
Total tax
37 655
32 130
36 937
35 631
After tax
81 845
87 370
82 563
83 869
Living cost
23 499
23 499
23 499
23 499
Free-cash
58 346
63 871
59 064
60 370

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82845
₽77679
₽81560
₽61200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
119 500
income
-
-
-
11 668
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
21 826
Employee

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

23 297
-
109 581
-
health
1 980
-
8 186
-
income
1 593
-
9 153
-
pensions
3 494
-
14 445
-
unemployment
116
-
482
-
total
7 183
-
32 266
-
Employer

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

23 297
-
109 581
-
unemployment
116
-
482
-
pensions
1 281
-
5 297
-
health
1 002
-
4 141
-
total
2 399
-
9 920
-
Corporate
93 805
119 500
-
-
income
8 442
10 755
-
-
total
8 442
10 755
-
-
Dividends
85 364
108 745
-
-
withholding
7 683
9 786
-
-
total
7 683
9 786
-
-
Income
119 500
119 500
119 500
119 500
Total tax
25 707
20 541
42 186
21 826
After tax
93 793
98 959
77 314
97 674
Living cost
16 114
16 114
16 114
16 114
Free-cash
77 679
82 845
61 200
81 560

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽52460
₽47242
₽37874
₽33833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
accident
-
-
-
847
income
-
-
-
25 494
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
53 716
Employee
37 529
-
90 611
-
other
37
-
91
-
income
7 235
-
23 118
-
pensions
1 764
-
4 259
-
unemployment
582
-
1 404
-
total
9 618
-
28 872
-
Employer
37 529
-
90 611
-
accident
743
-
1 793
-
other
300
-
724
-
unemployment
2 065
-
4 983
-
pensions
8 856
-
21 385
-
total
11 964
-
28 885
-
Corporate
70 007
119 500
-
-
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.

10 501
17 926
-
-
total
10 501
17 926
-
-
Dividends
59 506
101 574
-
-
withholding
12 265
21 204
-
-
total
12 265
21 204
-
-
Income
119 500
119 500
119 500
119 500
Total tax
44 348
39 130
57 757
53 716
After tax
75 152
80 370
61 743
65 784
Living cost
27 910
27 910
27 910
27 910
Free-cash
47 242
52 460
33 833
37 874

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71781
₽71324
₽73251
₽73053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
39 955
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
43 462
Employee
4 245
-
117 213
-
health
212
-
508
-
income
821
-
39 848
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
41 373
-
Employer
4 245
-
117 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
114 299
119 500
-
-
income
25 146
26 290
-
-
total
25 146
26 290
-
-
Dividends
89 154
93 210
-
-
withholding
17 831
18 642
-
-
total
17 831
18 642
-
-
Income
119 500
119 500
119 500
119 500
Total tax
45 389
44 932
43 660
43 462
After tax
74 111
74 568
75 840
76 038
Living cost
2 787
2 787
2 787
2 787
Free-cash
71 324
71 781
73 053
73 251

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68779
₽63781
₽47940
₽47939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
income
-
-
-
25 634
pensions
-
-
-
19 511
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
54 000
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.

26 480
-
106 068
-
health
1 364
-
3 865
-
income
3 650
-
25 634
-
pensions
3 707
-
10 506
-
unemployment
199
-
563
-
total
8 920
-
40 568
-
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.

26 480
-
106 068
-
unemployment
199
-
563
-
pensions
3 178
-
9 005
-
health
1 364
-
3 865
-
total
4 741
-
13 433
-
Corporate
88 280
119 500
-
-
income
13 242
17 925
-
-
total
13 242
17 925
-
-
Dividends
75 038
101 575
-
-
withholding
11 256
15 236
-
-
total
11 256
15 236
-
-
Income
119 500
119 500
119 500
119 500
Total tax
38 159
33 161
54 001
54 000
After tax
81 341
86 339
65 499
65 500
Living cost
17 560
17 560
17 560
17 560
Free-cash
63 781
68 779
47 939
47 940

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽40610
₽40243
₽38609
₽31379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
income
-
-
-
12 003
surtax
-
-
-
-
social contributions

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

-
-
-
41 526
total
-
-
-
53 529
Employee
39 393
-
96 566
-
social contributions
4 334
-
10 622
-
surtax
-
-
-
-
income
7 697
-
27 203
-
total
12 031
-
37 825
-
Employer
39 393
-
96 566
-
social contributions
9 355
-
22 934
-
total
9 355
-
22 934
-
Corporate
70 753
119 500
-
-
surtax
-
-
-
-
income
14 858
25 095
-
-
total
14 858
25 095
-
-
Dividends
55 895
94 405
-
-
withholding
15 651
26 433
-
-
total
15 651
26 433
-
-
Income
119 500
119 500
119 500
119 500
Total tax
51 895
51 528
60 759
53 529
After tax
67 605
67 972
58 741
65 971
Living cost
27 362
27 362
27 362
27 362
Free-cash
40 243
40 610
31 379
38 609

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44700
₽37064
₽30114
₽26073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
accident
-
-
-
847
income
-
-
-
25 494
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
53 716
Employee
49 017
-
90 611
-
other
48
-
91
-
income
10 238
-
23 118
-
pensions
2 304
-
4 259
-
unemployment
759
-
1 404
-
total
13 349
-
28 872
-
Employer
49 017
-
90 611
-
accident
971
-
1 793
-
other
393
-
724
-
unemployment
2 696
-
4 983
-
pensions
11 568
-
21 385
-
total
15 628
-
28 885
-
Corporate
54 854
119 500
-
-
income

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

8 228
17 926
-
-
total
8 228
17 926
-
-
Dividends
46 626
101 574
-
-
withholding
9 561
21 204
-
-
total
9 561
21 204
-
-
Income
119 500
119 500
119 500
119 500
Total tax
46 766
39 130
57 757
53 716
After tax
72 734
80 370
61 743
65 784
Living cost
35 670
35 670
35 670
35 670
Free-cash
37 064
44 700
26 073
30 114

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84706
₽78518
₽74638
₽78686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
17 925
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
27 395
Employee
23 129
-
112 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
11 254
-
pensions

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

2 030
-
3 114
-
total
5 661
-
16 389
-
Employer
23 129
-
112 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
91 833
119 500
-
-
income
9 183
11 950
-
-
total
9 183
11 950
-
-
Dividends
82 650
107 550
-
-
withholding
4 133
5 377
-
-
total
4 133
5 377
-
-
Income
119 500
119 500
119 500
119 500
Total tax
23 515
17 327
23 347
27 395
After tax
95 985
102 173
96 153
92 105
Living cost
17 467
17 467
17 467
17 467
Free-cash
78 518
84 706
78 686
74 638

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22415
₽35688
₽30970
₽41348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
trade
-
-
-
10 378
income

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

-
-
-
30 364
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.

-
-
-
6 934
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.

-
-
-
1 670
total
-
-
-
49 346
Employee

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

50 500
-
119 500
-
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.

6 934
-
6 934
-
surtax

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

229
-
1 670
-
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.

4 153
-
30 364
-
total
11 316
-
38 968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 000
119 500
-
-
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.

570
986
-
-
income
10 351
17 926
-
-
trade
9 902
17 148
-
-
chamber of commerce
256
329
-
-
total
21 079
36 389
-
-
Dividends
47 921
83 111
-
-
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.

638
1 121
-
-
withholding
11 595
20 391
-
-
total
12 233
21 512
-
-
Income
119 500
119 500
119 500
119 500
Total tax
44 628
57 901
38 968
49 346
After tax
74 872
61 599
80 532
70 154
Living cost
39 184
39 184
39 184
39 184
Free-cash
35 688
22 415
41 348
30 970

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25834
₽28074
₽19651
₽19651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
31 025
social contributions
-
-
-
11 008
total
-
-
-
42 033
Employee
79 392
-
119 500
-
income
14 981
-
31 025
-
social contributions
6 596
-
11 008
-
total
21 577
-
42 033
-
Employer
79 392
-
119 500
-
total
-
-
-
-
Corporate
40 108
119 500
-
-
income
5 014
14 937
-
-
total
5 014
14 937
-
-
Dividends
35 095
104 563
-
-
withholding
7 019
20 913
-
-
total
7 019
20 913
-
-
Income
119 500
119 500
119 500
119 500
Total tax
33 610
35 850
42 033
42 033
After tax
85 890
83 650
77 467
77 467
Living cost
57 816
57 816
57 816
57 816
Free-cash
28 074
25 834
19 651
19 651

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35471
₽39016
₽46955
₽51200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
income
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
114 831
-
income
5 052
-
22 119
-
social contributions
4 665
-
4 669
-
total
9 717
-
26 788
-
Employer
46 560
-
114 831
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
68 275
119 500
-
-
income
23 897
41 824
-
-
total
23 897
41 824
-
-
Dividends
44 379
77 676
-
-
social contributions
5 362
5 362
-
-
total
5 362
5 362
-
-
Income
119 500
119 500
119 500
119 500
Total tax
43 641
47 186
31 457
35 702
After tax
75 859
72 314
88 043
83 798
Living cost
36 843
36 843
36 843
36 843
Free-cash
39 016
35 471
51 200
46 955

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46750
₽45716
₽45778
₽34623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
income
-
-
-
27 687
pensions
-
-
-
7 996
total
-
-
-
35 683
Employee
52 214
-
104 953
-
health
681
-
1 760
-
income
9 509
-
20 251
-
pensions
3 985
-
10 280
-
total
14 175
-
32 291
-
Employer
52 214
-
104 953
-
pensions
5 275
-
12 553
-
health
992
-
1 994
-
total
6 267
-
14 547
-
Corporate
61 019
119 500
-
-
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.

11 595
22 705
-
-
total
11 595
22 705
-
-
Dividends
49 424
96 795
-
-
withholding
3 708
12 006
-
-
total
3 708
12 006
-
-
Income
119 500
119 500
119 500
119 500
Total tax
35 745
34 711
46 838
35 683
After tax
83 755
84 789
72 662
83 817
Living cost
38 039
38 039
38 039
38 039
Free-cash
45 716
46 750
34 623
45 778

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14268
₽6006
₽57950
₽38939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
accident
-
-
-
254
income
-
-
-
30 600
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
37 602
Employee
37 671
-
104 134
-
health
4 313
-
11 923
-
income
5 168
-
21 654
-
pensions
4 242
-
7 670
-
total
13 723
-
41 247
-
Employer
37 671
-
104 134
-
accident
629
-
1 739
-
unemployment
923
-
2 551
-
pensions
6 125
-
11 076
-
total
7 677
-
15 366
-
Corporate
74 152
119 500
-
-
income

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

66 737
107 550
-
-
total
66 737
107 550
-
-
Dividends
7 415
11 950
-
-
withholding
1 409
2 270
-
-
total
1 409
2 270
-
-
Income
119 500
119 500
119 500
119 500
Total tax
89 546
109 820
56 613
37 602
After tax
29 954
9 680
62 887
81 898
Living cost
23 948
23 948
23 948
23 948
Free-cash
6 006
-14 268
38 939
57 950

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86854
₽82106
₽54126
₽64676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
119 500
work injury
-
-
-
597
health insurance
-
-
-
8 843
income
-
-
-
18 807
pensions
-
-
-
21 988
unemployment
-
-
-
1 434
total
-
-
-
51 669
Employee

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

21 928
-
119 500
-
work injury
110
-
406
-
income
2 193
-
18 807
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
41 119
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 572
119 500
-
-
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%.

976
1 195
-
-
total
976
1 195
-
-
Dividends
96 596
118 305
-
-
withholding
14 489
17 746
-
-
total
14 489
17 746
-
-
Income
119 500
119 500
119 500
119 500
Total tax
23 689
18 941
41 119
51 669
After tax
95 811
100 559
78 381
67 831
Living cost
13 705
13 705
13 705
13 705
Free-cash
82 106
86 854
64 676
54 126

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22510
₽17895
₽18336
₽12871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
119 500
municipal
-
-
-
799
regional
-
-
-
2 553
national
-
-
-
26 643
social contributions
-
-
-
30 736
total
-
-
-
60 731
Employee
85 526
-
119 500
-
social contributions
28 839
-
40 295
-
regional
1 291
-
2 177
-
municipal
510
-
713
-
national
14 453
-
23 011
-
total
45 093
-
66 196
-
Employer
85 526
-
119 500
-
total
-
-
-
-
Corporate
33 974
119 500
-
-
nationa
8 153
28 681
-
-
municipal
1 637
5 761
-
-
total
9 790
34 442
-
-
Dividends
24 184
85 058
-
-
withholding
6 289
22 115
-
-
total
6 289
22 115
-
-
Income
119 500
119 500
119 500
119 500
Total tax
61 172
56 557
66 196
60 731
After tax
58 328
62 943
53 304
58 769
Living cost
40 433
40 433
40 433
40 433
Free-cash
17 895
22 510
12 871
18 336

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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