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
₽ 121500
per

Your estimated
City
free-cash

Dresden , Germany
₽31061
₽51141
₽39331
₽42131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
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.

-
-
-
31 486
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.

-
-
-
1 732
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.

-
-
-
6 835
trade
-
-
-
11 810
total
-
-
-
51 863
Employee

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

38 269
-
121 500
-
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.

59
-
1 732
-
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.

1 069
-
31 486
-
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.

6 835
-
6 835
-
total
7 963
-
40 053
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 231
121 500
-
-
income
12 484
18 226
-
-
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.

687
1 003
-
-
chamber of commerce
272
327
-
-
trade
13 109
19 137
-
-
total
26 552
38 693
-
-
Dividends
56 679
82 808
-
-
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.

758
1 118
-
-
withholding
13 790
20 322
-
-
total
14 548
21 440
-
-
Income
121 500
121 500
121 500
121 500
Total tax
49 063
60 133
40 053
51 863
After tax
72 437
61 367
81 447
69 637
Living cost
30 306
30 306
30 306
30 306
Free-cash
42 131
31 061
51 141
39 331

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22765
₽20715
₽19762
₽21883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
social contributions
-
-
-
1 306
municipal
-
-
-
12 865
national
-
-
-
19 936
pensions
-
-
-
14 580
total
-
-
-
48 687
Employee
82 238
-
105 036
-
municipal
10 158
-
13 336
-
pensions
3 290
-
4 201
-
national
15 740
-
20 665
-
total
29 188
-
38 202
-
Employer
82 238
-
105 036
-
pensions
6 579
-
8 403
-
social contributions
884
-
1 129
-
total
7 463
-
9 532
-
Corporate
26 371
121 500
-
-
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%.

5 274
24 300
-
-
total
5 274
24 300
-
-
Dividends
21 097
97 200
-
-
withholding
4 641
21 384
-
-
total
4 641
21 384
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 566
45 684
47 734
48 687
After tax
74 934
75 816
73 766
72 813
Living cost
53 051
53 051
53 051
53 051
Free-cash
21 883
22 765
20 715
19 762

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76384
₽47423
₽13378
₽68177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
income
-
-
-
17 988
surtax
-
-
-
30 983
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.

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
87 306
Employee
29 236
-
97 912
-
surtax
-
-
-
-
social contributions

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

3 216
-
10 770
-
income
5 204
-
18 903
-
total
8 420
-
29 673
-
Employer
29 236
-
97 912
-
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.

7 042
-
23 588
-
surtax
-
-
-
-
total
7 042
-
23 588
-
Corporate
85 221
121 500
-
-
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%.

17 045
24 300
-
-
total
17 045
24 300
-
-
Dividends

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

68 177
97 200
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
32 507
24 300
53 261
87 306
After tax
88 993
97 200
68 239
34 194
Living cost
20 816
20 816
20 816
20 816
Free-cash
68 177
76 384
47 423
13 378

Estimated living cost  is ₽20816 per week

₽13280
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.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17423
₽23595
₽27802
₽11293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
27 723
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
51 784
Employee
85 442
85 442
103 396
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
13 114
11 155
12 178
-
total
42 480
36 864
37 887
-
Employer
85 442
85 442
103 396
-
health
5 939
5 939
7 187
-
pensions
5 947
5 947
7 196
-
unemployment
3 076
3 076
3 721
-
total
14 962
14 962
18 104
-
Corporate
22 144
21 096
-
-
income
4 430
4 219
-
-
total
4 430
4 219
-
-
Dividends
17 714
16 877
-
-
income
3 765
3 587
-
-
withholding
2 656
2 531
-
-
total
6 421
6 118
-
-
Income
121 500
121 500
121 500
121 500
Total tax
68 293
62 163
55 991
51 784
After tax
53 207
59 337
65 509
69 716
Living cost
41 914
41 914
41 914
41 914
Free-cash
11 293
17 423
23 595
27 802

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25238
₽22676
₽23782
₽24316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
28 450
national
-
-
-
2 071
pensions
-
-
-
9 738
total
-
-
-
56 617
Employee
58 565
-
93 197
-
municipal
17 464
-
27 791
-
national
-
-
1 629
-
total
17 464
-
29 420
-
Employer
58 565
-
93 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
44 534
121 500
-
-
income
9 797
26 730
-
-
total
9 797
26 730
-
-
Dividends
34 736
94 770
-
-
withholding
10 421
28 431
-
-
total
10 421
28 431
-
-
Income
121 500
121 500
121 500
121 500
Total tax
56 083
55 161
57 723
56 617
After tax
65 417
66 339
63 777
64 883
Living cost
41 101
41 101
41 101
41 101
Free-cash
24 316
25 238
22 676
23 782

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21439
₽42142
₽29808
₽35500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
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.

-
-
-
31 486
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.

-
-
-
1 732
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.

-
-
-
6 835
trade
-
-
-
12 334
total
-
-
-
52 387
Employee

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

50 740
-
121 500
-
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.

239
-
1 732
-
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.

4 359
-
31 486
-
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.

6 835
-
6 835
-
total
11 433
-
40 053
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 760
121 500
-
-
income
10 614
18 226
-
-
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.

583
1 003
-
-
chamber of commerce
253
325
-
-
trade
11 639
19 986
-
-
total
23 089
39 540
-
-
Dividends
47 672
81 961
-
-
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.

634
1 107
-
-
withholding
11 539
20 109
-
-
total
12 173
21 216
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 695
60 756
40 053
52 387
After tax
74 805
60 744
81 447
69 113
Living cost
39 305
39 305
39 305
39 305
Free-cash
35 500
21 439
42 142
29 808

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
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.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56362
₽51436
₽52747
₽52210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
17 013
social contributions
-
-
-
16 188
health
-
-
-
3 099
total
-
-
-
36 300
Employee
76 937
76 937
110 837
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
16 450
-
health
765
1 308
1 884
-
total
12 583
14 815
26 947
-
Employer
76 937
76 937
110 837
-
health
834
1 424
2 051
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
10 664
-
Corporate
71 892
36 754
-
-
income
8 987
4 595
-
-
total
8 987
4 595
-
-
Dividends
62 906
32 159
-
-
withholding
10 694
5 466
-
-
total
10 694
5 466
-
-
Income
121 500
121 500
121 500
121 500
Total tax
36 837
32 685
37 611
36 300
After tax
84 663
88 815
83 889
85 200
Living cost
32 453
32 453
32 453
32 453
Free-cash
52 210
56 362
51 436
52 747

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50001
₽52064
₽65799
₽50383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
14 853
unemployment
-
-
-
1 822
health
-
-
-
8 505
pensions
-
-
-
12 150
total
-
-
-
37 330
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.

26 520
10 554
101 674
-
unemployment
398
158
1 525
-
pensions
2 652
1 055
10 167
-
income
3 242
1 290
12 430
-
health
1 856
739
7 117
-
total
8 148
3 242
31 239
-
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.

26 520
10 554
101 674
-
pensions
5 171
2 058
19 826
-
total
5 171
2 058
19 826
-
Corporate
89 809
108 887
-
-
income
8 083
9 800
-
-
total
8 083
9 800
-
-
Dividends
81 726
99 088
-
-
social contributions
15 816
19 201
-
-
withholding
15 528
18 827
-
-
total
31 344
38 028
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 746
53 128
51 065
37 330
After tax
68 754
68 372
70 435
84 170
Living cost
18 371
18 371
18 371
18 371
Free-cash
50 383
50 001
52 064
65 799

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73033
₽45863
₽40956
₽66816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
16 282
health
-
-
-
15 795
pensions
-
-
-
24 300
total
-
-
-
56 377
Employee
28 384
-
90 807
-
unemployment
454
-
1 453
-
pensions
568
-
1 817
-
income
3 196
-
17 508
-
total
4 218
-
20 778
-
Employer
28 384
-
90 807
-
health
3 689
-
11 804
-
pensions
5 677
-
18 161
-
unemployment
228
-
727
-
total
9 594
-
30 692
-
Corporate
83 522
121 500
-
-
income
16 705
24 300
-
-
total
16 705
24 300
-
-
Dividends
66 817
97 200
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
30 517
24 300
51 470
56 377
After tax
90 983
97 200
70 030
65 123
Living cost
24 167
24 167
24 167
24 167
Free-cash
66 816
73 033
45 863
40 956

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12461
₽41690
₽60961
₽6421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
256
income
-
-
-
31 176
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
38 237
Employee
35 083
-
105 966
-
pensions
3 950
-
7 734
-
income
4 813
-
22 107
-
health
4 017
-
12 133
-
total
12 780
-
41 974
-
Employer
35 083
-
105 966
-
pensions
5 705
-
11 169
-
accident
586
-
1 769
-
unemployment
859
-
2 596
-
total
7 150
-
15 534
-
Corporate
79 268
121 500
-
-
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.

71 341
109 350
-
-
total
71 341
109 350
-
-
Dividends
7 927
12 150
-
-
withholding
1 506
2 309
-
-
total
1 506
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
92 777
111 659
57 508
38 237
After tax
28 723
9 841
63 992
83 263
Living cost
22 302
22 302
22 302
22 302
Free-cash
6 421
-12 461
41 690
60 961

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107360
₽89135
₽112220
₽105848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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%.

-
-
-
121 500
microenterprise

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

-
-
-
1 215
total
-
-
-
1 215
Employee
10 081
-
121 500
-
income
2 016
-
24 300
-
total
2 016
-
24 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

111 419
121 500
-
-
total
-
-
-
-
Dividends
111 419
121 500
-
-
withholding
5 571
6 075
-
-
total
5 571
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
7 587
6 075
24 300
1 215
After tax
113 913
115 425
97 200
120 285
Living cost
8 065
8 065
8 065
8 065
Free-cash
105 848
107 360
89 135
112 220

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62605
₽43517
₽38489
₽55848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
16 073
other
-
-
-
5 772
health
-
-
-
5 347
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.

-
-
-
29 159
total
-
-
-
56 351
Employee
36 329
-
97 045
-
unemployment
363
-
970
-
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.

2 542
-
6 792
-
income
6 254
-
17 747
-
health
509
-
1 359
-
total
9 668
-
26 868
-
Employer
36 329
-
97 045
-
health
509
-
1 359
-
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.

6 177
-
16 496
-
accident
291
-
777
-
unemployment
363
-
970
-
other
1 817
-
4 853
-
total
9 157
-
24 455
-
Corporate
76 016
121 500
-
-
income
15 963
25 515
-
-
total
15 963
25 515
-
-
Dividends
60 053
95 985
-
-
withholding
4 204
6 720
-
-
total
4 204
6 720
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 992
32 235
51 323
56 351
After tax
82 508
89 265
70 177
65 149
Living cost
26 660
26 660
26 660
26 660
Free-cash
55 848
62 605
43 517
38 489

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18940
₽6945
₽18237
₽11086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
29 076
pensions
-
-
-
7 859
total
-
-
-
36 935
Employee
93 844
-
106 628
-
pensions
9 053
-
10 056
-
income
16 916
-
21 547
-
health
1 546
-
1 752
-
total
27 515
-
33 355
-
Employer
93 844
-
106 628
-
health
1 782
-
2 027
-
pensions
11 080
-
12 845
-
total
12 862
-
14 872
-
Corporate
14 794
121 500
-
-
income

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

2 811
23 084
-
-
total
2 811
23 084
-
-
Dividends
11 983
98 416
-
-
withholding
898
13 148
-
-
total
898
13 148
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 086
36 232
48 227
36 935
After tax
77 414
85 268
73 273
84 565
Living cost
66 328
66 328
66 328
66 328
Free-cash
11 086
18 940
6 945
18 237

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽90770
₽85008
₽80833
₽86123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
18 225
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
27 554
Employee
17 364
-
114 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
11 465
-
health
799
-
1 607
-
total
4 251
-
16 524
-
Employer
17 364
-
114 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
100 729
121 500
-
-
income
10 073
12 150
-
-
total
10 073
12 150
-
-
Dividends
90 656
109 350
-
-
withholding
4 533
5 467
-
-
total
4 533
5 467
-
-
Income
121 500
121 500
121 500
121 500
Total tax
22 264
17 617
23 379
27 554
After tax
99 236
103 883
98 121
93 946
Living cost
13 113
13 113
13 113
13 113
Free-cash
86 123
90 770
85 008
80 833

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3855
₽10027
₽14234
₽6370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
27 723
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
51 784
Employee
92 763
85 442
103 396
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
11 573
11 155
12 178
-
total
37 282
36 864
37 887
-
Employer
92 763
85 442
103 396
-
health
6 446
5 939
7 187
-
pensions
6 456
5 947
7 196
-
unemployment
3 340
3 076
3 721
-
total
16 242
14 962
18 104
-
Corporate
12 495
21 096
-
-
income
2 499
4 219
-
-
total
2 499
4 219
-
-
Dividends
9 997
16 877
-
-
income
2 125
3 587
-
-
withholding
1 500
2 531
-
-
total
3 625
6 118
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 648
62 163
55 991
51 784
After tax
61 852
59 337
65 509
69 716
Living cost
55 482
55 482
55 482
55 482
Free-cash
6 370
3 855
10 027
14 234

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58793
₽36796
₽34317
₽49924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
10 443
social contributions
-
-
-
35 478
solidarity contribution
-
-
-
-
health
-
-
-
16 402
total
-
-
-
62 323
Employee
36 559
-
90 672
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
5 894
-
income
4 387
-
10 881
-
health
4 936
-
12 241
-
total
11 699
-
29 016
-
Employer
36 559
-
90 672
-
health
3 290
-
8 160
-
social contributions
9 140
-
22 668
-
total
12 430
-
30 828
-
Corporate
72 511
121 500
-
-
income
13 777
23 085
-
-
total
13 777
23 085
-
-
Dividends
58 734
98 415
-
-
withholding
8 810
14 762
-
-
total
8 810
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 716
37 847
59 844
62 323
After tax
74 784
83 653
61 656
59 177
Living cost
24 860
24 860
24 860
24 860
Free-cash
49 924
58 793
36 796
34 317

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22606
₽12841
₽18625
₽17383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
social contributions
-
-
-
31 249
regional
-
-
-
1 378
municipal
-
-
-
722
national
-
-
-
27 307
total
-
-
-
60 656
Employee
88 922
-
121 500
-
municipal
471
-
644
-
national
15 408
-
23 614
-
regional
839
-
1 211
-
social contributions
29 985
-
40 971
-
total
46 703
-
66 440
-
Employer
88 922
-
121 500
-
total
-
-
-
-
Corporate
32 578
121 500
-
-
municipal
1 270
4 739
-
-
nationa
7 819
29 161
-
-
total
9 089
33 900
-
-
Dividends
23 489
87 600
-
-
withholding
6 106
22 775
-
-
total
6 106
22 775
-
-
Income
121 500
121 500
121 500
121 500
Total tax
61 898
56 675
66 440
60 656
After tax
59 602
64 825
55 060
60 844
Living cost
42 219
42 219
42 219
42 219
Free-cash
17 383
22 606
12 841
18 625

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54343
₽35115
₽37114
₽51230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
25 705
other
-
-
-
-
surtax
-
-
-
3 448
unemployment
-
-
-
228
health
-
-
-
8 626
pensions
-
-
-
24 300
total
-
-
-
62 307
Employee
33 087
-
100 371
-
other
-
-
-
-
unemployment
2 303
-
6 985
-
pensions
2 206
-
6 695
-
surtax
108
-
3 131
-
income
5 546
-
23 808
-
health
845
-
2 559
-
total
11 008
-
43 178
-
Employer
33 087
-
100 371
-
health
1 506
-
4 566
-
pensions
4 411
-
13 380
-
unemployment
1 048
-
3 182
-
other
-
-
-
-
total
6 965
-
21 128
-
Corporate
81 448
121 500
-
-
income
21 176
31 591
-
-
total
21 176
31 591
-
-
Dividends
60 272
89 909
-
-
withholding
9 042
13 487
-
-
total
9 042
13 487
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 191
45 078
64 306
62 307
After tax
73 309
76 422
57 194
59 193
Living cost
22 079
22 079
22 079
22 079
Free-cash
51 230
54 343
35 115
37 114

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39955
₽27960
₽39252
₽37916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
29 076
pensions
-
-
-
7 859
total
-
-
-
36 935
Employee
62 892
-
106 628
-
pensions
5 338
-
10 056
-
income
11 327
-
21 547
-
health
913
-
1 752
-
total
17 578
-
33 355
-
Employer
62 892
-
106 628
-
health
1 195
-
2 027
-
pensions
6 808
-
12 845
-
total
8 003
-
14 872
-
Corporate
50 606
121 500
-
-
income

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

9 615
23 084
-
-
total
9 615
23 084
-
-
Dividends
40 991
98 416
-
-
withholding
3 075
13 148
-
-
total
3 075
13 148
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 271
36 232
48 227
36 935
After tax
83 229
85 268
73 273
84 565
Living cost
45 313
45 313
45 313
45 313
Free-cash
37 916
39 955
27 960
39 252

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23686
₽15347
₽21376
₽10219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
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.

-
-
-
2 430
regional
-
-
-
4 657
health
-
-
-
273
city
-
-
-
1 280
national
-
-
-
1 060
pensions
-
-
-
11 178
total
-
-
-
20 878
Employee
92 738
-
108 749
-
unemployment
-
-
-
-
pensions
7 791
-
9 135
-
national
439
-
810
-
regional
3 037
-
3 995
-
city
995
-
1 168
-
health
210
-
244
-
total
12 472
-
15 352
-
Employer
92 738
-
108 749
-
health
210
-
244
-
pensions
7 791
-
9 135
-
unemployment
-
-
-
-
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.

1 854
-
2 176
-
total
9 855
-
11 555
-
Corporate
17 887
121 500
-
-
regional
3 784
25 698
-
-
national
1 520
10 327
-
-
total
5 304
36 025
-
-
Dividends
12 583
85 475
-
-
withholding
4 404
29 915
-
-
total
4 404
29 915
-
-
Income
121 500
121 500
121 500
121 500
Total tax
32 035
65 940
26 907
20 878
After tax
89 465
55 560
94 593
100 622
Living cost
79 246
79 246
79 246
79 246
Free-cash
10 219
-23 686
15 347
21 376

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14283
₽35612
₽22752
₽30512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
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.

-
-
-
31 486
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.

-
-
-
1 732
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.

-
-
-
6 835
trade
-
-
-
12 860
total
-
-
-
52 913
Employee

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

60 131
-
121 500
-
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.

389
-
1 732
-
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.

7 071
-
31 486
-
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.

6 835
-
6 835
-
total
14 295
-
40 053
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 369
121 500
-
-
income
9 205
18 226
-
-
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.

507
1 003
-
-
chamber of commerce
237
323
-
-
trade
10 525
20 837
-
-
total
20 474
40 389
-
-
Dividends
40 895
81 112
-
-
surtax

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

541
1 094
-
-
withholding
9 843
19 899
-
-
total
10 384
20 993
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 153
61 382
40 053
52 913
After tax
76 347
60 118
81 447
68 587
Living cost
45 835
45 835
45 835
45 835
Free-cash
30 512
14 283
35 612
22 752

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27005
₽38626
₽35125
₽32914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
14 604
other
-
-
-
3 767
surtax
-
-
-
-
social contributions
-
-
-
3 461
health
-
-
-
3 429
pensions
-
-
-
26 882
total
-
-
-
52 143
Employee
42 822
-
97 115
-
pensions
4 842
-
5 436
-
surtax
-
-
-
-
social contributions
1 221
-
2 766
-
income
2 527
-
16 055
-
total
8 590
-
24 257
-
Employer
42 822
-
97 115
-
health
2 998
-
7 425
-
pensions
7 035
-
9 386
-
unemployment
1 734
-
3 932
-
social contributions
129
-
291
-
other
1 477
-
3 351
-
total
13 373
-
24 385
-
Corporate
65 306
121 500
-
-
income
18 285
34 019
-
-
surtax
-
-
-
-
total
18 285
34 019
-
-
Dividends
47 021
87 481
-
-
surtax
-
-
-
-
social contributions
8 087
15 047
-
-
withholding
6 019
11 197
-
-
total
14 106
26 244
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 354
60 263
48 642
52 143
After tax
67 146
61 237
72 858
69 357
Living cost
34 232
34 232
34 232
34 232
Free-cash
32 914
27 005
38 626
35 125

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30397
₽42018
₽38517
₽35954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
14 604
other
-
-
-
3 767
surtax
-
-
-
-
social contributions
-
-
-
3 461
health
-
-
-
3 429
pensions
-
-
-
26 882
total
-
-
-
52 143
Employee
38 224
-
97 115
-
pensions
4 323
-
5 436
-
surtax
-
-
-
-
social contributions
1 090
-
2 766
-
income
1 971
-
16 055
-
total
7 384
-
24 257
-
Employer
38 224
-
97 115
-
health
2 675
-
7 425
-
pensions
6 281
-
9 386
-
unemployment
1 547
-
3 932
-
social contributions
114
-
291
-
other
1 320
-
3 351
-
total
11 937
-
24 385
-
Corporate
71 338
121 500
-
-
income
19 975
34 019
-
-
surtax
-
-
-
-
total
19 975
34 019
-
-
Dividends
51 364
87 481
-
-
surtax
-
-
-
-
social contributions
8 835
15 047
-
-
withholding
6 575
11 197
-
-
total
15 410
26 244
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 706
60 263
48 642
52 143
After tax
66 794
61 237
72 858
69 357
Living cost
30 840
30 840
30 840
30 840
Free-cash
35 954
30 397
42 018
38 517

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52910
₽55912
₽56808
₽53430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
18 226
social contributions
-
-
-
16 768
health
-
-
-
8 482
total
-
-
-
43 476
Employee
33 924
-
121 500
-
social contributions
4 682
-
16 768
-
income
5 658
-
19 122
-
health
2 368
-
8 482
-
total
12 708
-
44 372
-
Employer
33 924
-
121 500
-
total
-
-
-
-
Corporate
87 576
121 500
-
-
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%.

4 378
6 076
-
-
total
4 378
6 076
-
-
Dividends
83 197
115 424
-
-
social contributions
11 482
15 928
-
-
withholding
12 480
17 314
-
-
health
5 806
8 056
-
-
total
29 768
41 298
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 854
47 374
44 372
43 476
After tax
74 646
74 126
77 128
78 024
Living cost
21 216
21 216
21 216
21 216
Free-cash
53 430
52 910
55 912
56 808

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32494
-₽1152
₽25207
₽30949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
23 652
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
486
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
61 038
Employee
50 003
39 873
94 195
-
other
499
399
942
-
unemployment
1 500
1 196
2 825
-
pensions
5 121
4 082
9 645
-
income
5 692
2 941
20 436
-
health
1 935
1 544
3 646
-
total
14 747
10 162
37 494
-
Employer
50 003
39 873
94 195
-
chamber of commerce
199
159
376
-
health
1 889
1 508
3 560
-
pensions
6 275
5 005
11 821
-
accident
649
518
1 225
-
unemployment
1 500
1 196
2 825
-
surtax
197
197
197
-
payroll
1 500
1 196
2 825
-
other
2 375
1 893
4 475
-
total
14 584
11 672
27 304
-
Corporate
56 911
69 954
90 397
-
income

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

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

14 227
17 489
22 599
-
total
14 227
17 489
22 599
-
Dividends
42 684
52 465
-
-
withholding
11 738
14 428
-
-
total
11 738
14 428
-
-
Income
121 500
121 500
121 500
121 500
Total tax
55 296
53 751
87 397
61 038
After tax
66 204
67 749
34 103
60 462
Living cost
35 255
35 255
35 255
35 255
Free-cash
30 949
32 494
-1 152
25 207

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31583
₽9351
₽18280
₽16576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
communal

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

-
-
-
6 125
social contributions
-
-
-
19 402
national
-
-
-
41 212
total
-
-
-
66 739
Employee

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

71 569
-
94 105
-
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.

623
-
818
-
communal

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

3 733
-
4 908
-
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.

5 368
-
7 058
-
national
22 003
-
31 067
-
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.

3 363
-
4 422
-
total
35 090
-
48 273
-
Employer

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

71 569
-
94 105
-
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.

4 401
-
5 787
-
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.

6 342
-
8 337
-
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.

930
-
1 225
-
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.

1 044
-
1 375
-
surtax
8 115
-
10 671
-
total
20 832
-
27 395
-
Corporate
29 098
121 500
-
-
income
5 820
24 300
-
-
surtax
116
486
-
-
total
5 936
24 786
-
-
Dividends
23 162
96 714
-
-
withholding

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

6 585
28 650
-
-
total
6 585
28 650
-
-
Income
121 500
121 500
121 500
121 500
Total tax
68 443
53 436
75 668
66 739
After tax
53 057
68 064
45 832
54 761
Living cost
36 481
36 481
36 481
36 481
Free-cash
16 576
31 583
9 351
18 280

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45514
₽26380
₽31046
₽37710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
835
income
-
-
-
26 499
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
54 320
Employee
49 805
-
92 129
-
other
49
-
93
-
unemployment
773
-
1 428
-
pensions
2 341
-
4 331
-
income
10 508
-
23 762
-
total
13 671
-
29 614
-
Employer
49 805
-
92 129
-
pensions
11 753
-
21 742
-
accident
985
-
1 825
-
unemployment
2 740
-
5 068
-
other
397
-
737
-
total
15 875
-
29 372
-
Corporate
55 820
121 500
-
-
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.

8 373
18 226
-
-
total
8 373
18 226
-
-
Dividends
47 447
103 274
-
-
withholding
9 737
21 626
-
-
total
9 737
21 626
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 656
39 852
58 986
54 320
After tax
73 844
81 648
62 514
67 180
Living cost
36 134
36 134
36 134
36 134
Free-cash
37 710
45 514
26 380
31 046

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19121
₽16671
₽11816
₽9754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
communal
-
-
-
7 678
accident
-
-
-
1 025
income
-
-
-
13 836
surtax
-
-
-
6 023
health
-
-
-
8 537
pensions
-
-
-
18 211
total
-
-
-
55 310
Employee
75 770
-
108 532
-
pensions
6 061
-
8 683
-
surtax
4 644
-
6 651
-
income
7 319
-
17 325
-
health
3 372
-
4 828
-
total
21 396
-
37 487
-
Employer
75 770
-
108 532
-
health
2 311
-
3 309
-
pensions
6 061
-
8 683
-
accident
682
-
976
-
total
9 054
-
12 968
-
Corporate
36 677
121 500
-
-
communal
2 476
8 201
-
-
income
5 501
18 226
-
-
surtax
385
1 276
-
-
total
8 362
27 703
-
-
Dividends
28 315
93 798
-
-
income
14 313
6 232
-
-
withholding
4 247
14 070
-
-
total
18 560
20 302
-
-
Income
121 500
121 500
121 500
121 500
Total tax
57 372
48 005
50 455
55 310
After tax
64 128
73 495
71 045
66 190
Living cost
54 374
54 374
54 374
54 374
Free-cash
9 754
19 121
16 671
11 816

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53949
₽34721
₽36720
₽50769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
25 705
other
-
-
-
-
surtax
-
-
-
3 448
unemployment
-
-
-
228
health
-
-
-
8 626
pensions
-
-
-
24 300
total
-
-
-
62 307
Employee
33 695
-
100 371
-
other
-
-
-
-
unemployment
2 345
-
6 985
-
pensions
2 248
-
6 695
-
surtax
120
-
3 131
-
income
5 649
-
23 808
-
health
860
-
2 559
-
total
11 222
-
43 178
-
Employer
33 695
-
100 371
-
health
1 532
-
4 566
-
pensions
4 492
-
13 380
-
unemployment
1 069
-
3 182
-
other
-
-
-
-
total
7 093
-
21 128
-
Corporate
80 712
121 500
-
-
income
20 985
31 591
-
-
total
20 985
31 591
-
-
Dividends
59 727
89 909
-
-
withholding
8 958
13 487
-
-
total
8 958
13 487
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 258
45 078
64 306
62 307
After tax
73 242
76 422
57 194
59 193
Living cost
22 473
22 473
22 473
22 473
Free-cash
50 769
53 949
34 721
36 720

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36910
₽27683
₽33437
₽34690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
social contributions
-
-
-
31 249
regional
-
-
-
1 833
municipal
-
-
-
722
national
-
-
-
27 307
total
-
-
-
61 111
Employee
55 502
-
121 500
-
municipal
294
-
644
-
national
8 793
-
23 614
-
regional
747
-
1 636
-
social contributions
18 716
-
40 971
-
total
28 550
-
66 865
-
Employer
55 502
-
121 500
-
total
-
-
-
-
Corporate
65 998
121 500
-
-
municipal
3 281
6 038
-
-
nationa
15 839
29 161
-
-
total
19 120
35 199
-
-
Dividends
46 878
86 302
-
-
withholding
12 188
22 439
-
-
total
12 188
22 439
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 858
57 638
66 865
61 111
After tax
61 642
63 862
54 635
60 389
Living cost
26 952
26 952
26 952
26 952
Free-cash
34 690
36 910
27 683
33 437

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53019
₽31022
₽28543
₽42089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
10 443
social contributions
-
-
-
35 478
solidarity contribution
-
-
-
-
health
-
-
-
16 402
total
-
-
-
62 323
Employee
45 050
-
90 672
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
5 894
-
income
5 406
-
10 881
-
health
6 082
-
12 241
-
total
14 416
-
29 016
-
Employer
45 050
-
90 672
-
health
4 055
-
8 160
-
social contributions
11 263
-
22 668
-
total
15 318
-
30 828
-
Corporate
61 132
121 500
-
-
income
11 615
23 085
-
-
total
11 615
23 085
-
-
Dividends
49 517
98 415
-
-
withholding
7 428
14 762
-
-
total
7 428
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 777
37 847
59 844
62 323
After tax
72 723
83 653
61 656
59 177
Living cost
30 634
30 634
30 634
30 634
Free-cash
42 089
53 019
31 022
28 543

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35936
₽2214
₽28738
₽35438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
23 652
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
486
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
60 841
Employee
43 737
39 873
94 346
-
other
437
399
944
-
unemployment
1 312
1 196
2 831
-
pensions
4 479
4 082
9 661
-
income
3 896
2 941
20 487
-
health
1 692
1 544
3 651
-
total
11 816
10 162
37 574
-
Employer
43 737
39 873
94 346
-
chamber of commerce
175
159
378
-
health
1 654
1 508
3 566
-
pensions
5 489
5 005
11 840
-
accident
568
518
1 227
-
unemployment
1 312
1 196
2 831
-
surtax
-
-
-
-
payroll
1 312
1 196
2 831
-
other
2 077
1 893
4 481
-
total
12 587
11 475
27 154
-
Corporate
65 177
70 151
90 549
-
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.

16 295
17 538
22 637
-
total
16 295
17 538
22 637
-
Dividends
48 882
52 613
-
-
withholding
13 443
14 468
-
-
total
13 443
14 468
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 141
53 643
87 365
60 841
After tax
67 359
67 857
34 135
60 659
Living cost
31 921
31 921
31 921
31 921
Free-cash
35 438
35 936
2 214
28 738

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102857
₽84632
₽107717
₽100500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
121 500
microenterprise

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

-
-
-
1 215
total
-
-
-
1 215
Employee
15 710
-
121 500
-
income
3 142
-
24 300
-
total
3 142
-
24 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

105 790
121 500
-
-
total
-
-
-
-
Dividends
105 790
121 500
-
-
withholding
5 290
6 075
-
-
total
5 290
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
8 432
6 075
24 300
1 215
After tax
113 068
115 425
97 200
120 285
Living cost
12 568
12 568
12 568
12 568
Free-cash
100 500
102 857
84 632
107 717

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56815
₽31602
₽35085
₽48446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
income
-
-
-
25 252
unemployment
-
-
-
182
health
-
-
-
11 956
pensions
-
-
-
22 188
total
-
-
-
59 578
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.

44 244
-
105 133
-
unemployment
63
-
148
-
pensions
6 858
-
16 295
-
income
7 630
-
23 458
-
health
2 858
-
6 792
-
total
17 409
-
46 693
-
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.

44 244
-
105 133
-
health
2 947
-
7 001
-
pensions
3 915
-
9 304
-
unemployment
27
-
63
-
total
6 889
-
16 368
-
Corporate
70 367
121 500
-
-
income
13 369
23 085
-
-
total
13 369
23 085
-
-
Dividends
56 998
98 415
-
-
withholding
8 550
14 763
-
-
total
8 550
14 763
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 217
37 848
63 061
59 578
After tax
75 283
83 652
58 439
61 922
Living cost
26 837
26 837
26 837
26 837
Free-cash
48 446
56 815
31 602
35 085

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30110
₽64332
₽40155
-₽29892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
23 683
social contributions
-
-
-
13 851
total
-
-
-
37 534
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
-
121 500
-
-
income
-
26 730
-
-
total
-
26 730
-
-
Dividends
-
94 770
-
-
income
-
20 849
-
-
total
-
20 849
-
-
Income
121 500
121 500
121 500
121 500
Total tax
107 581
47 579
13 357
37 534
After tax
13 919
73 921
108 143
83 966
Living cost
43 811
43 811
43 811
43 811
Free-cash
-29 892
30 110
64 332
40 155

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37725
₽27987
₽35511
₽36718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
income
-
-
-
12 383
surtax
-
-
-
-
social contributions

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

-
-
-
42 222
total
-
-
-
54 605
Employee
46 017
-
98 182
-
surtax
-
-
-
-
social contributions
5 062
-
10 800
-
income
9 572
-
28 011
-
total
14 634
-
38 811
-
Employer
46 017
-
98 182
-
social contributions
10 929
-
23 318
-
total
10 929
-
23 318
-
Corporate
64 554
121 500
-
-
income
13 557
25 515
-
-
surtax
-
-
-
-
total
13 557
25 515
-
-
Dividends
50 997
95 985
-
-
withholding
14 278
26 876
-
-
total
14 278
26 876
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 398
52 391
62 129
54 605
After tax
68 102
69 109
59 371
66 895
Living cost
31 384
31 384
31 384
31 384
Free-cash
36 718
37 725
27 987
35 511

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12912
₽24533
₽21032
₽19785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
14 604
other
-
-
-
3 767
surtax
-
-
-
-
social contributions
-
-
-
3 461
health
-
-
-
3 429
pensions
-
-
-
26 882
total
-
-
-
52 143
Employee
62 666
-
97 115
-
pensions
7 088
-
5 436
-
surtax
-
-
-
-
social contributions
1 785
-
2 766
-
income
5 468
-
16 055
-
total
14 341
-
24 257
-
Employer
62 666
-
97 115
-
health
4 386
-
7 425
-
pensions
10 297
-
9 386
-
unemployment
2 539
-
3 932
-
social contributions
188
-
291
-
other
2 163
-
3 351
-
total
19 573
-
24 385
-
Corporate
39 262
121 500
-
-
income
10 994
34 019
-
-
surtax
-
-
-
-
total
10 994
34 019
-
-
Dividends
28 269
87 481
-
-
surtax
-
-
-
-
social contributions
4 863
15 047
-
-
withholding
3 619
11 197
-
-
total
8 482
26 244
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 390
60 263
48 642
52 143
After tax
68 110
61 237
72 858
69 357
Living cost
48 325
48 325
48 325
48 325
Free-cash
19 785
12 912
24 533
21 032

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79274
₽64524
₽61293
₽75914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
3 401
social contributions
-
-
-
26 730
total
-
-
-
30 131
Employee
32 166
-
105 196
-
income
-
-
3 759
-
social contributions
2 090
-
6 837
-
total
2 090
-
10 596
-
Employer
32 166
-
105 196
-
social contributions
4 986
-
16 304
-
total
4 986
-
16 304
-
Corporate
84 348
121 500
-
-
income
8 434
12 150
-
-
total
8 434
12 150
-
-
Dividends
75 913
109 350
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
15 510
12 150
26 900
30 131
After tax
105 990
109 350
94 600
91 369
Living cost
30 076
30 076
30 076
30 076
Free-cash
75 914
79 274
64 524
61 293

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽96383
-₽96383
₽25921
-₽96383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
labour market
-
-
-
9 651
municipal
-
-
-
23 686
national
-
-
-
13 214
pensions
-
-
-
867
total
-
-
-
47 418
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
169 722
169 722
169 722
47 418
After tax
-48 222
-48 222
-48 222
74 082
Living cost
48 161
48 161
48 161
48 161
Free-cash
-96 383
-96 383
-96 383
25 921

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12132
₽42019
₽61290
₽6472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
256
income
-
-
-
31 176
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
38 237
Employee
34 565
-
105 966
-
pensions
3 892
-
7 734
-
income
4 742
-
22 107
-
health
3 958
-
12 133
-
total
12 592
-
41 974
-
Employer
34 565
-
105 966
-
pensions
5 620
-
11 169
-
accident
577
-
1 769
-
unemployment
847
-
2 596
-
total
7 044
-
15 534
-
Corporate
79 890
121 500
-
-
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.

71 901
109 350
-
-
total
71 901
109 350
-
-
Dividends
7 989
12 150
-
-
withholding
1 518
2 309
-
-
total
1 518
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
93 055
111 659
57 508
38 237
After tax
28 445
9 841
63 992
83 263
Living cost
21 973
21 973
21 973
21 973
Free-cash
6 472
-12 132
42 019
61 290

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40733
₽28801
₽45464
₽40660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
121 500
health
-
-
-
1 454
municipal
-
-
-
21 607
national
-
-
-
14 561
total
-
-
-
37 622
Employee
52 641
-
102 211
-
municipal
8 622
-
16 673
-
unemployment
790
-
1 532
-
pensions
3 553
-
6 900
-
national
870
-
8 734
-
health
393
-
1 156
-
total
14 228
-
34 995
-
Employer
52 641
-
102 211
-
health
404
-
788
-
pensions
9 133
-
17 734
-
accident
53
-
103
-
unemployment
342
-
665
-
total
9 932
-
19 290
-
Corporate
58 927
121 500
-
-
income
11 785
24 300
-
-
total
11 785
24 300
-
-
Dividends

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

35 356
72 900
-
-
municipal
6 365
13 122
-
-
national
116
4 931
-
-
total
6 481
18 053
-
-
Income
121 500
121 500
121 500
121 500
Total tax
42 426
42 353
54 285
37 622
After tax
79 074
79 147
67 215
83 878
Living cost
38 414
38 414
38 414
38 414
Free-cash
40 660
40 733
28 801
45 464

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
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.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65650
₽60724
₽62035
₽60206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
17 013
social contributions
-
-
-
16 188
health
-
-
-
3 099
total
-
-
-
36 300
Employee
76 937
76 937
110 837
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
16 450
-
health
596
1 308
1 884
-
total
11 882
14 815
26 947
-
Employer
76 937
76 937
110 837
-
health
647
1 424
2 051
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
10 664
-
Corporate
82 896
36 754
-
-
income
10 361
4 595
-
-
total
10 361
4 595
-
-
Dividends
72 535
32 159
-
-
withholding
12 330
5 466
-
-
total
12 330
5 466
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 129
32 685
37 611
36 300
After tax
83 371
88 815
83 889
85 200
Living cost
23 165
23 165
23 165
23 165
Free-cash
60 206
65 650
60 724
62 035

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84728
₽63622
₽83691
₽79638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
121 500
income
-
-
-
11 909
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
21 923
Employee

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

22 966
-
111 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
9 429
-
health
1 952
-
8 070
-
total
7 080
-
32 214
-
Employer

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

22 966
-
111 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
96 170
121 500
-
-
income
8 656
10 935
-
-
total
8 656
10 935
-
-
Dividends
87 514
110 565
-
-
withholding
7 876
9 951
-
-
total
7 876
9 951
-
-
Income
121 500
121 500
121 500
121 500
Total tax
25 976
20 886
41 992
21 923
After tax
95 524
100 614
79 508
99 577
Living cost
15 886
15 886
15 886
15 886
Free-cash
79 638
84 728
63 622
83 691

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54134
₽35000
₽39666
₽49055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
835
income
-
-
-
26 499
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
54 320
Employee
36 996
-
92 129
-
other
36
-
93
-
unemployment
573
-
1 428
-
pensions
1 739
-
4 331
-
income
7 133
-
23 762
-
total
9 481
-
29 614
-
Employer
36 996
-
92 129
-
pensions
8 730
-
21 742
-
accident
733
-
1 825
-
unemployment
2 035
-
5 068
-
other
296
-
737
-
total
11 794
-
29 372
-
Corporate
72 709
121 500
-
-
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.

10 906
18 226
-
-
total
10 906
18 226
-
-
Dividends
61 803
103 274
-
-
withholding
12 750
21 626
-
-
total
12 750
21 626
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 931
39 852
58 986
54 320
After tax
76 569
81 648
62 514
67 180
Living cost
27 514
27 514
27 514
27 514
Free-cash
49 055
54 134
35 000
39 666

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
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.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73876
₽75758
₽75896
₽73557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
41 223
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
43 664
Employee
2 954
-
119 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
41 149
-
health
148
-
354
-
total
1 015
-
42 211
-
Employer
2 954
-
119 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
117 881
121 500
-
-
income
25 934
26 730
-
-
total
25 934
26 730
-
-
Dividends
91 947
94 770
-
-
withholding
18 389
18 954
-
-
total
18 389
18 954
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 003
45 684
43 802
43 664
After tax
75 497
75 816
77 698
77 836
Living cost
1 940
1 940
1 940
1 940
Free-cash
73 557
73 876
75 758
75 896

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70482
₽50053
₽50054
₽65558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
income
-
-
-
26 196
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
54 144
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.

26 090
-
108 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
26 196
-
health
1 344
-
3 808
-
total
8 789
-
40 910
-
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.

26 090
-
108 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
90 740
121 500
-
-
income
13 611
18 225
-
-
total
13 611
18 225
-
-
Dividends
77 129
103 275
-
-
withholding
11 569
15 491
-
-
total
11 569
15 491
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 640
33 716
54 145
54 144
After tax
82 860
87 784
67 355
67 356
Living cost
17 302
17 302
17 302
17 302
Free-cash
65 558
70 482
50 053
50 054

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42135
₽32397
₽39921
₽41776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
income
-
-
-
12 383
surtax
-
-
-
-
social contributions

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

-
-
-
42 222
total
-
-
-
54 605
Employee
38 833
-
98 182
-
surtax
-
-
-
-
social contributions
4 272
-
10 800
-
income
7 588
-
28 011
-
total
11 860
-
38 811
-
Employer
38 833
-
98 182
-
social contributions
9 222
-
23 318
-
total
9 222
-
23 318
-
Corporate
73 445
121 500
-
-
income
15 423
25 515
-
-
surtax
-
-
-
-
total
15 423
25 515
-
-
Dividends
58 021
95 985
-
-
withholding
16 245
26 876
-
-
total
16 245
26 876
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 750
52 391
62 129
54 605
After tax
68 750
69 109
59 371
66 895
Living cost
26 974
26 974
26 974
26 974
Free-cash
41 776
42 135
32 397
39 921

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46485
₽27350
₽32016
₽39022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
835
income
-
-
-
26 499
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
54 320
Employee
48 322
-
92 129
-
other
47
-
93
-
unemployment
748
-
1 428
-
pensions
2 271
-
4 331
-
income
10 093
-
23 762
-
total
13 159
-
29 614
-
Employer
48 322
-
92 129
-
pensions
11 404
-
21 742
-
accident
957
-
1 825
-
unemployment
2 658
-
5 068
-
other
387
-
737
-
total
15 406
-
29 372
-
Corporate
57 772
121 500
-
-
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.

8 666
18 226
-
-
total
8 666
18 226
-
-
Dividends
49 106
103 274
-
-
withholding
10 084
21 626
-
-
total
10 084
21 626
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 315
39 852
58 986
54 320
After tax
74 185
81 648
62 514
67 180
Living cost
35 164
35 164
35 164
35 164
Free-cash
39 022
46 485
27 350
32 016

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86678
₽80916
₽76741
₽80582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
18 225
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
27 554
Employee
22 782
-
114 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
11 465
-
health
1 048
-
1 607
-
total
5 577
-
16 524
-
Employer
22 782
-
114 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
94 248
121 500
-
-
income
9 425
12 150
-
-
total
9 425
12 150
-
-
Dividends
84 823
109 350
-
-
withholding
4 241
5 467
-
-
total
4 241
5 467
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 713
17 617
23 379
27 554
After tax
97 787
103 883
98 121
93 946
Living cost
17 205
17 205
17 205
17 205
Free-cash
80 582
86 678
80 916
76 741

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23991
₽42819
₽32059
₽37081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
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.

-
-
-
31 486
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.

-
-
-
1 732
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.

-
-
-
6 835
trade
-
-
-
10 760
total
-
-
-
50 813
Employee

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

49 783
-
121 500
-
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.

226
-
1 732
-
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.

4 094
-
31 486
-
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.

6 835
-
6 835
-
total
11 155
-
40 053
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 717
121 500
-
-
income
10 758
18 226
-
-
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.

592
1 003
-
-
chamber of commerce
256
330
-
-
trade
10 291
17 436
-
-
total
21 897
36 995
-
-
Dividends
49 819
84 505
-
-
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.

665
1 141
-
-
withholding
12 074
20 745
-
-
total
12 739
21 886
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 791
58 881
40 053
50 813
After tax
75 709
62 619
81 447
70 687
Living cost
38 628
38 628
38 628
38 628
Free-cash
37 081
23 991
42 819
32 059

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28055
₽21184
₽21184
₽30265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
32 062
social contributions
-
-
-
11 259
total
-
-
-
43 321
Employee
78 265
-
121 500
-
income
14 768
-
32 062
-
social contributions
6 502
-
11 259
-
total
21 270
-
43 321
-
Employer
78 265
-
121 500
-
total
-
-
-
-
Corporate
43 235
121 500
-
-
income
5 404
15 188
-
-
total
5 404
15 188
-
-
Dividends
37 831
106 312
-
-
withholding
7 566
21 262
-
-
total
7 566
21 262
-
-
Income
121 500
121 500
121 500
121 500
Total tax
34 240
36 450
43 321
43 321
After tax
87 260
85 050
78 179
78 179
Living cost
56 995
56 995
56 995
56 995
Free-cash
30 265
28 055
21 184
21 184

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37368
₽53246
₽50680
₽40866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
income
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
116 898
-
income
4 980
-
22 730
-
social contributions
4 599
-
4 602
-
total
9 579
-
27 332
-
Employer
45 899
-
116 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
71 002
121 500
-
-
income
24 850
42 526
-
-
total
24 850
42 526
-
-
Dividends
46 152
78 974
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 314
47 812
31 934
34 500
After tax
77 186
73 688
89 566
87 000
Living cost
36 320
36 320
36 320
36 320
Free-cash
40 866
37 368
53 246
50 680

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48430
₽36435
₽47727
₽48600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
29 076
pensions
-
-
-
7 859
total
-
-
-
36 935
Employee
50 566
-
106 628
-
pensions
3 859
-
10 056
-
income
9 208
-
21 547
-
health
660
-
1 752
-
total
13 727
-
33 355
-
Employer
50 566
-
106 628
-
health
961
-
2 027
-
pensions
5 109
-
12 845
-
total
6 070
-
14 872
-
Corporate
64 864
121 500
-
-
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.

12 325
23 084
-
-
total
12 325
23 084
-
-
Dividends
52 539
98 416
-
-
withholding
3 940
13 148
-
-
total
3 940
13 148
-
-
Income
121 500
121 500
121 500
121 500
Total tax
36 062
36 232
48 227
36 935
After tax
85 438
85 268
73 273
84 565
Living cost
36 838
36 838
36 838
36 838
Free-cash
48 600
48 430
36 435
47 727

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14308
₽39843
₽59114
₽6138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
256
income
-
-
-
31 176
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
38 237
Employee
37 987
-
105 966
-
pensions
4 277
-
7 734
-
income
5 211
-
22 107
-
health
4 349
-
12 133
-
total
13 837
-
41 974
-
Employer
37 987
-
105 966
-
pensions
6 176
-
11 169
-
accident
634
-
1 769
-
unemployment
931
-
2 596
-
total
7 741
-
15 534
-
Corporate
75 772
121 500
-
-
income

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

68 195
109 350
-
-
total
68 195
109 350
-
-
Dividends
7 577
12 150
-
-
withholding
1 440
2 309
-
-
total
1 440
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
91 213
111 659
57 508
38 237
After tax
30 287
9 841
63 992
83 263
Living cost
24 149
24 149
24 149
24 149
Free-cash
6 138
-14 308
39 843
59 114

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽88728
₽66781
₽55368
₽84047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
121 500
income
-
-
-
19 205
unemployment
-
-
-
1 458
work injury
-
-
-
608
health insurance
-
-
-
8 991
pensions
-
-
-
22 356
total
-
-
-
52 618
Employee

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

21 623
-
121 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
19 205
-
total
8 108
-
41 205
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 877
121 500
-
-
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%.

999
1 215
-
-
total
999
1 215
-
-
Dividends
98 878
120 285
-
-
withholding
14 832
18 043
-
-
total
14 832
18 043
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 939
19 258
41 205
52 618
After tax
97 561
102 242
80 295
68 882
Living cost
13 514
13 514
13 514
13 514
Free-cash
84 047
88 728
66 781
55 368

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽24137
₽14090
₽19647
₽19586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
social contributions
-
-
-
31 249
regional
-
-
-
2 625
municipal
-
-
-
813
national
-
-
-
27 307
total
-
-
-
61 994
Employee
84 312
-
121 500
-
municipal
503
-
725
-
national
14 248
-
23 614
-
regional
1 273
-
2 241
-
social contributions
28 430
-
40 971
-
total
44 454
-
67 551
-
Employer
84 312
-
121 500
-
total
-
-
-
-
Corporate
37 188
121 500
-
-
municipal
1 792
5 856
-
-
nationa
8 926
29 161
-
-
total
10 718
35 017
-
-
Dividends
26 470
86 484
-
-
withholding
6 883
22 487
-
-
total
6 883
22 487
-
-
Income
121 500
121 500
121 500
121 500
Total tax
62 055
57 504
67 551
61 994
After tax
59 445
63 996
53 949
59 506
Living cost
39 859
39 859
39 859
39 859
Free-cash
19 586
24 137
14 090
19 647

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close