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
₽51992
₽32608
₽39805
₽43108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
32 493
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.

-
-
-
1 787
trade
-
-
-
12 187
total
-
-
-
52 950
Employee

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

36 298
-
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.

56
-
1 787
-
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.

1 014
-
32 493
-
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.

6 483
-
6 483
-
total
7 553
-
40 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 202
121 500
-
-
chamber of commerce
267
319
-
-
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.

702
1 003
-
-
trade
13 419
19 137
-
-
income
12 780
18 226
-
-
total
27 168
38 685
-
-
Dividends
58 034
82 815
-
-
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.

778
1 118
-
-
withholding
14 148
20 344
-
-
total
14 926
21 462
-
-
Income
121 500
121 500
121 500
121 500
Total tax
49 647
60 147
40 763
52 950
After tax
71 853
61 353
80 737
68 550
Living cost
28 745
28 745
28 745
28 745
Free-cash
43 108
32 608
51 992
39 805

Estimated living cost  is ₽28745 per week

₽18082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23327
₽25551
₽22373
₽24714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
14 580
national
-
-
-
20 042
municipal
-
-
-
12 934
total
-
-
-
48 862
Employee
77 919
-
105 036
-
municipal
9 624
-
13 404
-
national
14 914
-
20 771
-
pensions
3 117
-
4 201
-
total
27 655
-
38 376
-
Employer
77 919
-
105 036
-
pensions
6 234
-
8 403
-
social contributions
838
-
1 129
-
total
7 072
-
9 532
-
Corporate
31 367
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%.

6 273
24 300
-
-
total
6 273
24 300
-
-
Dividends
25 093
97 200
-
-
withholding
5 521
21 384
-
-
total
5 521
21 384
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 521
45 684
47 908
48 862
After tax
74 979
75 816
73 592
72 638
Living cost
50 265
50 265
50 265
50 265
Free-cash
24 714
25 551
23 327
22 373

Estimated living cost  is ₽50265 per week

₽34164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48437
₽77456
₽15912
₽69672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 361
income
-
-
-
18 501
surtax
-
-
-
30 982
microenterprise
-
-
-
-
total
-
-
-
85 844
Employee
27 731
-
97 913
-
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.

3 051
-
10 770
-
income
4 936
-
18 962
-
total
7 987
-
29 732
-
Employer
27 731
-
97 913
-
surtax
-
-
-
-
social contributions

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

6 680
-
23 587
-
total
6 680
-
23 587
-
Corporate
87 089
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%.

17 417
24 300
-
-
total
17 417
24 300
-
-
Dividends

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

69 672
97 200
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
32 084
24 300
53 319
85 844
After tax
89 416
97 200
68 181
35 656
Living cost
19 744
19 744
19 744
19 744
Free-cash
69 672
77 456
48 437
15 912

Estimated living cost  is ₽19744 per week

₽12596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28021
₽19717
₽30244
₽13903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 703
income
-
-
-
28 678
pensions
-
-
-
11 119
total
-
-
-
51 500
Employee
81 043
81 043
103 863
-
income

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

13 265
13 265
13 265
-
pensions
14 588
11 119
11 119
-
health
12 439
10 581
11 703
-
total
40 292
34 965
36 087
-
Employer
81 043
81 043
103 863
-
unemployment
2 918
2 918
3 625
-
health
5 633
5 633
7 000
-
pensions
5 641
5 641
7 011
-
total
14 192
14 192
17 636
-
Corporate
27 259
26 265
-
-
income
5 452
5 253
-
-
total
5 452
5 253
-
-
Dividends
21 808
21 012
-
-
income
4 634
4 465
-
-
withholding
3 271
3 152
-
-
total
7 905
7 617
-
-
Income
121 500
121 500
121 500
121 500
Total tax
67 841
62 027
53 723
51 500
After tax
53 659
59 473
67 777
70 000
Living cost
39 756
39 756
39 756
39 756
Free-cash
13 903
19 717
28 021
30 244

Estimated living cost  is ₽39756 per week

₽28174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24159
₽26830
₽25223
₽25942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 062
health
-
-
-
5 403
accident
-
-
-
173
pensions
-
-
-
9 360
national
-
-
-
2 932
unemployment
-
-
-
87
municipal
-
-
-
28 751
total
-
-
-
56 768
Employee
56 296
-
94 294
-
municipal
16 788
-
28 118
-
national
-
-
2 508
-
total
16 788
-
30 626
-
Employer
56 296
-
94 294
-
other
6 542
-
10 062
-
unemployment
1 486
-
2 286
-
health
3 462
-
5 325
-
accident
113
-
173
-
pensions
6 086
-
9 360
-
total
17 689
-
27 206
-
Corporate
47 516
121 500
-
-
income
10 453
26 730
-
-
total
10 453
26 730
-
-
Dividends
37 062
94 770
-
-
withholding
11 119
28 431
-
-
total
11 119
28 431
-
-
Income
121 500
121 500
121 500
121 500
Total tax
56 049
55 161
57 832
56 768
After tax
65 451
66 339
63 668
64 732
Living cost
39 509
39 509
39 509
39 509
Free-cash
25 942
26 830
24 159
25 223

Estimated living cost  is ₽39509 per week

₽26185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43455
₽23446
₽30726
₽36784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
32 493
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.

-
-
-
1 787
trade
-
-
-
12 729
total
-
-
-
53 492
Employee

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

48 127
-
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.

227
-
1 787
-
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.

4 135
-
32 493
-
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.

6 483
-
6 483
-
total
10 845
-
40 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 373
121 500
-
-
chamber of commerce
249
317
-
-
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.

605
1 003
-
-
trade
12 070
19 987
-
-
income
11 006
18 226
-
-
total
23 930
39 533
-
-
Dividends
49 444
81 967
-
-
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.

659
1 108
-
-
withholding
12 000
20 131
-
-
total
12 659
21 239
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 434
60 772
40 763
53 492
After tax
74 066
60 728
80 737
68 008
Living cost
37 282
37 282
37 282
37 282
Free-cash
36 784
23 446
43 455
30 726

Estimated living cost  is ₽37282 per week

₽24934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3931
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.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53016
₽58001
₽54300
₽54066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 355
health
-
-
-
3 098
income
-
-
-
17 965
total
-
-
-
36 418
Employee
72 976
72 976
111 272
-
social contributions
3 546
6 057
8 169
-
income
7 663
6 755
17 415
-
health
726
1 241
1 891
-
total
11 935
14 053
27 475
-
Employer
72 976
72 976
111 272
-
health
791
1 351
2 058
-
social contributions
3 546
6 057
8 169
-
total
4 337
7 408
10 227
-
Corporate
74 447
41 117
-
-
income
9 306
5 140
-
-
total
9 306
5 140
-
-
Dividends
65 141
35 977
-
-
withholding
11 074
6 116
-
-
total
11 074
6 116
-
-
Income
121 500
121 500
121 500
121 500
Total tax
36 652
32 717
37 702
36 418
After tax
84 848
88 783
83 798
85 082
Living cost
30 782
30 782
30 782
30 782
Free-cash
54 066
58 001
53 016
54 300

Estimated living cost  is ₽30782 per week

₽21042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52890
₽50808
₽66624
₽51175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 505
income
-
-
-
14 853
pensions
-
-
-
12 150
unemployment
-
-
-
1 823
total
-
-
-
37 331
Employee

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

The minimum wage is 138,000 HUF per month.

25 327
10 080
101 674
-
income
3 096
1 232
12 430
-
pensions
2 533
1 008
10 167
-
health
1 773
706
7 117
-
unemployment
380
151
1 525
-
total
7 782
3 097
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.

25 327
10 080
101 674
-
pensions
4 939
1 966
19 826
-
total
4 939
1 966
19 826
-
Corporate
91 235
109 455
-
-
income
8 211
9 851
-
-
total
8 211
9 851
-
-
Dividends
83 023
99 604
-
-
social contributions
16 074
19 308
-
-
withholding
15 774
18 925
-
-
total
31 848
38 233
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 780
53 147
51 065
37 331
After tax
68 720
68 353
70 435
84 169
Living cost
17 545
17 545
17 545
17 545
Free-cash
51 175
50 808
52 890
66 624

Estimated living cost  is ₽17545 per week

₽11973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47110
₽74277
₽42202
₽68383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 794
income
-
-
-
16 281
pensions
-
-
-
24 300
total
-
-
-
56 375
Employee
26 922
-
90 806
-
income
3 031
-
17 507
-
pensions
538
-
1 815
-
unemployment
430
-
1 453
-
total
3 999
-
20 775
-
Employer
26 922
-
90 806
-
unemployment
216
-
726
-
health
3 499
-
11 805
-
pensions
5 385
-
18 161
-
total
9 100
-
30 692
-
Corporate
85 477
121 500
-
-
income
17 095
24 300
-
-
total
17 095
24 300
-
-
Dividends
68 383
97 200
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
30 194
24 300
51 467
56 375
After tax
91 306
97 200
70 033
65 125
Living cost
22 923
22 923
22 923
22 923
Free-cash
68 383
74 277
47 110
42 202

Estimated living cost  is ₽22923 per week

₽15722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
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.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43323
-₽11186
₽62200
₽6616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
31 617
pensions
-
-
-
3 977
total
-
-
-
38 273
Employee
33 077
-
106 579
-
income
4 538
-
22 734
-
pensions
3 725
-
7 292
-
health
3 787
-
12 203
-
total
12 050
-
42 229
-
Employer
33 077
-
106 579
-
unemployment
810
-
2 611
-
accident
552
-
1 780
-
pensions
5 379
-
10 530
-
total
6 741
-
14 921
-
Corporate
81 682
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.

73 514
109 350
-
-
total
73 514
109 350
-
-
Dividends
8 168
12 150
-
-
withholding
1 552
2 309
-
-
total
1 552
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
93 857
111 659
57 150
38 273
After tax
27 643
9 841
64 350
83 227
Living cost
21 027
21 027
21 027
21 027
Free-cash
6 616
-11 186
43 323
62 200

Estimated living cost  is ₽21027 per week

₽15411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89336
₽107561
₽112421
₽106087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 830
-
121 500
-
income
1 966
-
24 300
-
total
1 966
-
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%.

111 670
121 500
-
-
total
-
-
-
-
Dividends
111 670
121 500
-
-
withholding
5 583
6 075
-
-
total
5 583
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
7 549
6 075
24 300
1 215
After tax
113 951
115 425
97 200
120 285
Living cost
7 864
7 864
7 864
7 864
Free-cash
106 087
107 561
89 336
112 421

Estimated living cost  is ₽7864 per week

₽4874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44669
₽63979
₽39644
₽57568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 772
health
-
-
-
5 345
income
-
-
-
16 290
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.

-
-
-
29 161
total
-
-
-
56 568
Employee
34 458
-
97 043
-
income
5 932
-
17 965
-
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.

2 411
-
6 793
-
health
483
-
1 358
-
unemployment
344
-
971
-
total
9 170
-
27 087
-
Employer
34 458
-
97 043
-
other
1 724
-
4 852
-
unemployment
344
-
971
-
health
483
-
1 358
-
accident
276
-
776
-
pensions

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

5 859
-
16 499
-
total
8 686
-
24 456
-
Corporate
78 358
121 500
-
-
income
16 455
25 514
-
-
total
16 455
25 514
-
-
Dividends
61 902
95 986
-
-
withholding
4 333
6 719
-
-
total
4 333
6 719
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 644
32 233
51 543
56 568
After tax
82 856
89 267
69 957
64 932
Living cost
25 288
25 288
25 288
25 288
Free-cash
57 568
63 979
44 669
39 644

Estimated living cost  is ₽25288 per week

₽17867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9485
₽21167
₽20729
₽14830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 945
pensions
-
-
-
7 606
total
-
-
-
37 551
Employee
89 447
-
106 555
-
income
16 124
-
22 446
-
health
1 474
-
1 720
-
pensions
8 629
-
9 683
-
total
26 227
-
33 849
-
Employer
89 447
-
106 555
-
health
1 699
-
2 024
-
pensions
10 561
-
12 922
-
total
12 260
-
14 946
-
Corporate
19 793
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.

3 760
23 085
-
-
total
3 760
23 085
-
-
Dividends
16 034
98 415
-
-
withholding
1 203
14 028
-
-
total
1 203
14 028
-
-
Income
121 500
121 500
121 500
121 500
Total tax
43 450
37 113
48 795
37 551
After tax
78 050
84 387
72 705
83 949
Living cost
63 220
63 220
63 220
63 220
Free-cash
14 830
21 167
9 485
20 729

Estimated living cost  is ₽63220 per week

₽47372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽86492
₽91568
₽82202
₽87205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 773
income
-
-
-
18 225
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
26 984
Employee
16 306
-
115 063
-
income
1 630
-
11 506
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
pensions

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

1 432
-
2 881
-
health
750
-
1 509
-
total
3 992
-
16 257
-
Employer
16 306
-
115 063
-
unemployment
98
-
197
-
health
1 125
-
2 264
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
pensions

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

1 797
-
3 615
-
total
3 200
-
6 437
-
Corporate
101 995
121 500
-
-
income
10 199
12 150
-
-
total
10 199
12 150
-
-
Dividends
91 795
109 350
-
-
withholding
4 590
5 468
-
-
total
4 590
5 468
-
-
Income
121 500
121 500
121 500
121 500
Total tax
21 981
17 618
22 694
26 984
After tax
99 519
103 882
98 806
94 516
Living cost
12 314
12 314
12 314
12 314
Free-cash
87 205
91 568
86 492
82 202

Estimated living cost  is ₽12314 per week

₽7189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15152
₽6848
₽17375
₽9235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 703
income
-
-
-
28 678
pensions
-
-
-
11 119
total
-
-
-
51 500
Employee
87 987
81 043
103 863
-
income

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

13 265
13 265
13 265
-
pensions
11 119
11 119
11 119
-
health
10 977
10 581
11 703
-
total
35 361
34 965
36 087
-
Employer
87 987
81 043
103 863
-
unemployment
3 168
2 918
3 625
-
health
6 114
5 633
7 000
-
pensions
6 123
5 641
7 011
-
total
15 405
14 192
17 636
-
Corporate
18 108
26 265
-
-
income
3 622
5 253
-
-
total
3 622
5 253
-
-
Dividends
14 486
21 012
-
-
income
3 078
4 465
-
-
withholding
2 174
3 152
-
-
total
5 252
7 617
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 640
62 027
53 723
51 500
After tax
61 860
59 473
67 777
70 000
Living cost
52 625
52 625
52 625
52 625
Free-cash
9 235
6 848
15 152
17 375

Estimated living cost  is ₽52625 per week

₽38820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽38213
₽60210
₽37217
₽51846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 733
health
-
-
-
16 402
income
-
-
-
10 705
solidarity contribution
-
-
-
-
total
-
-
-
60 840
Employee
34 475
-
90 672
-
social contributions
2 241
-
5 894
-
solidarity contribution
-
-
-
-
income
4 137
-
10 881
-
health
4 654
-
12 241
-
total
11 032
-
29 016
-
Employer
34 475
-
90 672
-
health
3 103
-
8 160
-
social contributions
8 619
-
22 668
-
total
11 722
-
30 828
-
Corporate
75 304
121 500
-
-
income
14 308
23 085
-
-
total
14 308
23 085
-
-
Dividends
60 996
98 415
-
-
withholding
9 149
14 762
-
-
total
9 149
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 211
37 847
59 844
60 840
After tax
75 289
83 653
61 656
60 660
Living cost
23 443
23 443
23 443
23 443
Free-cash
51 846
60 210
38 213
37 217

Estimated living cost  is ₽23443 per week

₽16284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
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.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14646
₽24780
₽20427
₽19823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 250
national
-
-
-
27 668
regional
-
-
-
1 387
municipal
-
-
-
722
total
-
-
-
61 027
Employee
84 344
-
121 500
-
social contributions
28 441
-
40 970
-
municipal
447
-
645
-
national
14 615
-
23 974
-
regional
796
-
1 219
-
total
44 299
-
66 808
-
Employer
84 344
-
121 500
-
total
-
-
-
-
Corporate
37 156
121 500
-
-
nationa
8 918
29 159
-
-
municipal
1 450
4 738
-
-
total
10 368
33 897
-
-
Dividends
26 788
87 602
-
-
withholding
6 964
22 777
-
-
total
6 964
22 777
-
-
Income
121 500
121 500
121 500
121 500
Total tax
61 631
56 674
66 808
61 027
After tax
59 869
64 826
54 692
60 473
Living cost
40 046
40 046
40 046
40 046
Free-cash
19 823
24 780
14 646
20 427

Estimated living cost  is ₽40046 per week

₽27915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35364
₽55481
₽37369
₽52527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
8 627
income
-
-
-
26 433
pensions
-
-
-
24 300
surtax
-
-
-
3 613
unemployment
-
-
-
216
total
-
-
-
63 189
Employee
31 384
-
100 371
-
surtax
103
-
3 296
-
income
5 261
-
24 533
-
other
-
-
-
-
pensions
2 093
-
6 694
-
health
801
-
2 559
-
unemployment
2 185
-
6 986
-
total
10 443
-
44 068
-
Employer
31 384
-
100 371
-
other
-
-
-
-
unemployment
994
-
3 182
-
health
1 428
-
4 565
-
pensions
4 184
-
13 379
-
total
6 606
-
21 126
-
Corporate
83 510
121 500
-
-
income
21 712
31 591
-
-
total
21 712
31 591
-
-
Dividends
61 798
89 909
-
-
withholding
9 270
13 486
-
-
total
9 270
13 486
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 031
45 077
65 194
63 189
After tax
73 469
76 423
56 306
58 311
Living cost
20 942
20 942
20 942
20 942
Free-cash
52 527
55 481
35 364
37 369

Estimated living cost  is ₽20942 per week

₽12805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29515
₽41197
₽40759
₽40404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 945
pensions
-
-
-
7 606
total
-
-
-
37 551
Employee
59 945
-
106 555
-
income
10 796
-
22 446
-
health
870
-
1 720
-
pensions
5 088
-
9 683
-
total
16 754
-
33 849
-
Employer
59 945
-
106 555
-
health
1 139
-
2 024
-
pensions
6 489
-
12 922
-
total
7 628
-
14 946
-
Corporate
53 927
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.

10 247
23 085
-
-
total
10 247
23 085
-
-
Dividends
43 681
98 415
-
-
withholding
3 277
14 028
-
-
total
3 277
14 028
-
-
Income
121 500
121 500
121 500
121 500
Total tax
37 906
37 113
48 795
37 551
After tax
83 594
84 387
72 705
83 949
Living cost
43 190
43 190
43 190
43 190
Free-cash
40 404
41 197
29 515
40 759

Estimated living cost  is ₽43190 per week

₽32358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3237
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽17860
-₽21020
₽23885
₽11745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 431
health
-
-
-
273
pensions
-
-
-
11 179
city
-
-
-
1 280
national
-
-
-
1 121
regional
-
-
-
4 754
total
-
-
-
21 038
Employee
89 615
-
108 751
-
national
424
-
871
-
city
962
-
1 168
-
pensions
7 529
-
9 134
-
health
203
-
244
-
regional
2 934
-
4 093
-
unemployment
-
-
-
-
total
12 052
-
15 510
-
Employer
89 615
-
108 751
-
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.

1 792
-
2 175
-
unemployment
-
-
-
-
health
203
-
244
-
pensions
7 529
-
9 134
-
total
9 524
-
11 553
-
Corporate
21 376
121 500
-
-
regional
4 522
25 698
-
-
national
1 817
10 328
-
-
total
6 339
36 026
-
-
Dividends
15 037
85 474
-
-
withholding
5 263
29 917
-
-
total
5 263
29 917
-
-
Income
121 500
121 500
121 500
121 500
Total tax
33 178
65 943
27 063
21 038
After tax
88 322
55 557
94 437
100 462
Living cost
76 577
76 577
76 577
76 577
Free-cash
11 745
-21 020
17 860
23 885

Estimated living cost  is ₽76577 per week

₽49797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37262
₽16630
₽23993
₽32022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
32 493
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.

-
-
-
1 787
trade
-
-
-
13 269
total
-
-
-
54 032
Employee

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

57 035
-
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.

369
-
1 787
-
income

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

6 707
-
32 493
-
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.

6 483
-
6 483
-
total
13 559
-
40 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 465
121 500
-
-
chamber of commerce
234
315
-
-
surtax

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

531
1 003
-
-
trade
11 056
20 837
-
-
income
9 669
18 226
-
-
total
21 490
40 381
-
-
Dividends
42 974
81 119
-
-
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.

571
1 095
-
-
withholding
10 383
19 919
-
-
total
10 954
21 014
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 003
61 395
40 763
54 032
After tax
75 497
60 105
80 737
67 468
Living cost
43 475
43 475
43 475
43 475
Free-cash
32 022
16 630
37 262
23 993

Estimated living cost  is ₽43475 per week

₽31753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
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.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39408
₽28767
₽36740
₽34374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 766
social contributions
-
-
-
3 461
health
-
-
-
3 712
income
-
-
-
15 335
pensions
-
-
-
26 017
surtax
-
-
-
-
total
-
-
-
52 291
Employee
40 617
-
96 672
-
surtax
-
-
-
-
social contributions
1 158
-
2 755
-
income
2 397
-
16 424
-
pensions
4 592
-
5 617
-
total
8 147
-
24 796
-
Employer
40 617
-
96 672
-
other
1 401
-
3 335
-
unemployment
1 644
-
3 915
-
health
2 844
-
7 635
-
pensions
6 673
-
9 652
-
social contributions
122
-
290
-
total
12 684
-
24 827
-
Corporate
68 199
121 500
-
-
surtax
-
-
-
-
income
19 096
34 020
-
-
total
19 096
34 020
-
-
Dividends
49 103
87 480
-
-
social contributions
8 445
15 047
-
-
surtax
-
-
-
-
withholding
6 285
11 197
-
-
total
14 730
26 244
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 657
60 264
49 623
52 291
After tax
66 843
61 236
71 877
69 209
Living cost
32 469
32 469
32 469
32 469
Free-cash
34 374
28 767
39 408
36 740

Estimated living cost  is ₽32469 per week

₽20473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42625
₽31984
₽39957
₽37255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 766
social contributions
-
-
-
3 461
health
-
-
-
3 712
income
-
-
-
15 335
pensions
-
-
-
26 017
surtax
-
-
-
-
total
-
-
-
52 291
Employee
36 256
-
96 672
-
surtax
-
-
-
-
social contributions
1 034
-
2 755
-
income
1 869
-
16 424
-
pensions
4 101
-
5 617
-
total
7 004
-
24 796
-
Employer
36 256
-
96 672
-
other
1 252
-
3 335
-
unemployment
1 468
-
3 915
-
health
2 538
-
7 635
-
pensions
5 958
-
9 652
-
social contributions
108
-
290
-
total
11 324
-
24 827
-
Corporate
73 921
121 500
-
-
surtax
-
-
-
-
income
20 698
34 020
-
-
total
20 698
34 020
-
-
Dividends
53 223
87 480
-
-
social contributions
9 154
15 047
-
-
surtax
-
-
-
-
withholding
6 813
11 197
-
-
total
15 967
26 244
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 993
60 264
49 623
52 291
After tax
66 507
61 236
71 877
69 209
Living cost
29 252
29 252
29 252
29 252
Free-cash
37 255
31 984
42 625
39 957

Estimated living cost  is ₽29252 per week

₽16965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56739
₽54001
₽57902
₽54494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 767
health
-
-
-
8 481
income
-
-
-
18 226
total
-
-
-
43 474
Employee
32 178
-
121 500
-
social contributions
4 441
-
16 767
-
income
5 367
-
19 389
-
health
2 246
-
8 481
-
total
12 054
-
44 637
-
Employer
32 178
-
121 500
-
total
-
-
-
-
Corporate
89 322
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%.

4 466
6 075
-
-
total
4 466
6 075
-
-
Dividends
84 856
115 425
-
-
social contributions
11 710
15 929
-
-
withholding
12 729
17 314
-
-
health
5 923
8 057
-
-
total
30 362
41 300
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 882
47 375
44 637
43 474
After tax
74 618
74 125
76 863
78 026
Living cost
20 124
20 124
20 124
20 124
Free-cash
54 494
54 001
56 739
57 902

Estimated living cost  is ₽20124 per week

₽13468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1
₽34221
₽27512
₽32754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 481
income
-
-
-
25 062
chamber of commerce
-
-
-
486
pensions
-
-
-
20 511
surtax
-
-
-
187
unemployment
-
-
-
5 821
total
-
-
-
60 548
Employee
47 428
37 820
94 201
-
income
5 399
2 790
21 053
-
other
474
378
942
-
pensions
4 857
3 872
9 646
-
health
1 835
1 464
3 645
-
unemployment
1 423
1 135
2 826
-
total
13 988
9 639
38 112
-
Employer
47 428
37 820
94 201
-
other
2 253
1 796
4 475
-
unemployment
1 423
1 135
2 826
-
health
1 792
1 430
3 560
-
surtax
187
187
187
-
accident
616
492
1 225
-
pensions
5 952
4 747
11 821
-
payroll
1 423
1 135
2 826
-
chamber of commerce
189
151
376
-
total
13 835
11 073
27 296
-
Corporate
60 237
72 608
90 601
-
income

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

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

15 060
18 152
22 651
-
total
15 060
18 152
22 651
-
Dividends
45 177
54 456
-
-
withholding
12 423
14 975
-
-
total
12 423
14 975
-
-
Income
121 500
121 500
121 500
121 500
Total tax
55 306
53 839
88 059
60 548
After tax
66 194
67 661
33 441
60 952
Living cost
33 440
33 440
33 440
33 440
Free-cash
32 754
34 221
1
27 512

Estimated living cost  is ₽33440 per week

₽22303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10722
₽33443
₽19703
₽19209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 287
communal

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

-
-
-
6 132
national
-
-
-
41 775
total
-
-
-
67 194
Employee

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

67 885
-
94 102
-
national
20 870
-
31 571
-
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.

5 091
-
7 058
-
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.

3 189
-
4 423
-
communal

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

3 541
-
4 908
-
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.

591
-
819
-
total
33 282
-
48 779
-
Employer

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

67 885
-
94 102
-
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.

991
-
1 374
-
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.

4 175
-
5 788
-
surtax
7 697
-
10 672
-
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.

882
-
1 225
-
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.

6 015
-
8 337
-
total
19 760
-
27 396
-
Corporate
33 855
121 500
-
-
surtax
135
486
-
-
income
6 772
24 300
-
-
total
6 907
24 786
-
-
Dividends
26 949
96 713
-
-
withholding

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

7 739
28 668
-
-
total
7 739
28 668
-
-
Income
121 500
121 500
121 500
121 500
Total tax
67 688
53 454
76 175
67 194
After tax
53 812
68 046
45 325
54 306
Living cost
34 603
34 603
34 603
34 603
Free-cash
19 209
33 443
10 722
19 703

Estimated living cost  is ₽34603 per week

₽22289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28827
₽47265
₽33389
₽39968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
792
income
-
-
-
27 449
pensions
-
-
-
24 893
unemployment
-
-
-
616
total
-
-
-
53 838
Employee
47 240
-
93 457
-
income
9 967
-
24 771
-
other
47
-
88
-
pensions
2 221
-
4 135
-
unemployment
733
-
1 363
-
total
12 968
-
30 357
-
Employer
47 240
-
93 457
-
other
376
-
704
-
unemployment
2 599
-
4 837
-
accident
935
-
1 742
-
pensions
11 148
-
20 760
-
total
15 058
-
28 043
-
Corporate
59 202
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.

8 881
18 226
-
-
total
8 881
18 226
-
-
Dividends
50 321
103 274
-
-
withholding
10 352
21 736
-
-
total
10 352
21 736
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 259
39 962
58 400
53 838
After tax
74 241
81 538
63 100
67 662
Living cost
34 273
34 273
34 273
34 273
Free-cash
39 968
47 265
28 827
33 389

Estimated living cost  is ₽34273 per week

₽25239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18455
₽21640
₽13609
₽12246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 537
accident
-
-
-
1 025
income
-
-
-
14 841
pensions
-
-
-
18 211
communal
-
-
-
7 679
surtax
-
-
-
6 024
total
-
-
-
56 317
Employee
71 869
-
108 531
-
surtax
4 405
-
6 651
-
income
6 942
-
18 340
-
pensions
5 749
-
8 682
-
health
3 199
-
4 830
-
total
20 295
-
38 503
-
Employer
71 869
-
108 531
-
health
2 192
-
3 310
-
accident
647
-
976
-
pensions
5 749
-
8 682
-
total
8 588
-
12 968
-
Corporate
41 044
121 500
-
-
surtax
430
1 275
-
-
income
6 157
18 226
-
-
communal
2 770
8 202
-
-
total
9 357
27 703
-
-
Dividends
31 686
93 798
-
-
income
14 687
6 514
-
-
withholding
4 753
14 069
-
-
total
19 440
20 583
-
-
Income
121 500
121 500
121 500
121 500
Total tax
57 680
48 286
51 471
56 317
After tax
63 820
73 214
70 029
65 183
Living cost
51 574
51 574
51 574
51 574
Free-cash
12 246
21 640
18 455
13 609

Estimated living cost  is ₽51574 per week

₽38688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34990
₽55107
₽36995
₽52091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
8 627
income
-
-
-
26 433
pensions
-
-
-
24 300
surtax
-
-
-
3 613
unemployment
-
-
-
216
total
-
-
-
63 189
Employee
31 960
-
100 371
-
surtax
113
-
3 296
-
income
5 358
-
24 533
-
other
-
-
-
-
pensions
2 132
-
6 694
-
health
816
-
2 559
-
unemployment
2 224
-
6 986
-
total
10 643
-
44 068
-
Employer
31 960
-
100 371
-
other
-
-
-
-
unemployment
1 014
-
3 182
-
health
1 453
-
4 565
-
pensions
4 261
-
13 379
-
total
6 728
-
21 126
-
Corporate
82 812
121 500
-
-
income
21 530
31 591
-
-
total
21 530
31 591
-
-
Dividends
61 281
89 909
-
-
withholding
9 192
13 486
-
-
total
9 192
13 486
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 093
45 077
65 194
63 189
After tax
73 407
76 423
56 306
58 311
Living cost
21 316
21 316
21 316
21 316
Free-cash
52 091
55 107
34 990
36 995

Estimated living cost  is ₽21316 per week

₽12870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28712
₽38299
₽34463
₽36190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 250
national
-
-
-
27 668
regional
-
-
-
1 832
municipal
-
-
-
722
total
-
-
-
61 472
Employee
52 644
-
121 500
-
social contributions
17 752
-
40 970
-
municipal
279
-
645
-
national
8 340
-
23 974
-
regional
709
-
1 634
-
total
27 080
-
67 223
-
Employer
52 644
-
121 500
-
total
-
-
-
-
Corporate
68 856
121 500
-
-
nationa
16 526
29 159
-
-
municipal
3 422
6 039
-
-
total
19 948
35 198
-
-
Dividends
48 909
86 302
-
-
withholding
12 717
22 438
-
-
total
12 717
22 438
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 745
57 636
67 223
61 472
After tax
61 755
63 864
54 277
60 028
Living cost
25 565
25 565
25 565
25 565
Free-cash
36 190
38 299
28 712
34 463

Estimated living cost  is ₽25565 per week

₽15899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32768
₽54765
₽31772
₽44460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 733
health
-
-
-
16 402
income
-
-
-
10 705
solidarity contribution
-
-
-
-
total
-
-
-
60 840
Employee
42 482
-
90 672
-
social contributions
2 761
-
5 894
-
solidarity contribution
-
-
-
-
income
5 098
-
10 881
-
health
5 735
-
12 241
-
total
13 594
-
29 016
-
Employer
42 482
-
90 672
-
health
3 823
-
8 160
-
social contributions
10 620
-
22 668
-
total
14 443
-
30 828
-
Corporate
64 574
121 500
-
-
income
12 269
23 085
-
-
total
12 269
23 085
-
-
Dividends
52 305
98 415
-
-
withholding
7 846
14 762
-
-
total
7 846
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 152
37 847
59 844
60 840
After tax
73 348
83 653
61 656
60 660
Living cost
28 888
28 888
28 888
28 888
Free-cash
44 460
54 765
32 768
31 772

Estimated living cost  is ₽28888 per week

₽21483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3193
₽37484
₽30862
₽37019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 481
income
-
-
-
25 062
chamber of commerce
-
-
-
486
pensions
-
-
-
20 511
surtax
-
-
-
-
unemployment
-
-
-
5 821
total
-
-
-
60 361
Employee
41 485
37 820
94 345
-
income
3 696
2 790
21 104
-
other
414
378
944
-
pensions
4 248
3 872
9 660
-
health
1 605
1 464
3 651
-
unemployment
1 244
1 135
2 831
-
total
11 207
9 639
38 190
-
Employer
41 485
37 820
94 345
-
other
1 970
1 796
4 481
-
unemployment
1 244
1 135
2 831
-
health
1 569
1 430
3 566
-
surtax
-
-
-
-
accident
538
492
1 226
-
pensions
5 207
4 747
11 840
-
payroll
1 244
1 135
2 831
-
chamber of commerce
166
151
378
-
total
11 938
10 886
27 153
-
Corporate
68 077
72 795
90 745
-
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.

17 019
18 199
22 687
-
total
17 019
18 199
22 687
-
Dividends
51 058
54 596
-
-
withholding
14 040
15 015
-
-
total
14 040
15 015
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 204
53 739
88 030
60 361
After tax
67 296
67 761
33 470
61 139
Living cost
30 277
30 277
30 277
30 277
Free-cash
37 019
37 484
3 193
30 862

Estimated living cost  is ₽30277 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84945
₽103170
₽108030
₽100872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 319
-
121 500
-
income
3 064
-
24 300
-
total
3 064
-
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%.

106 181
121 500
-
-
total
-
-
-
-
Dividends
106 181
121 500
-
-
withholding
5 309
6 075
-
-
total
5 309
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
8 373
6 075
24 300
1 215
After tax
113 127
115 425
97 200
120 285
Living cost
12 255
12 255
12 255
12 255
Free-cash
100 872
103 170
84 945
108 030

Estimated living cost  is ₽12255 per week

₽8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32758
₽58198
₽36203
₽50261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 955
income
-
-
-
25 515
pensions
-
-
-
22 190
unemployment
-
-
-
182
total
-
-
-
59 842
Employee

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

41 966
-
105 133
-
income
7 237
-
23 686
-
pensions
6 505
-
16 295
-
health
2 710
-
6 791
-
unemployment
59
-
148
-
total
16 511
-
46 920
-
Employer

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

41 966
-
105 133
-
unemployment
25
-
63
-
health
2 795
-
7 000
-
pensions
3 714
-
9 304
-
total
6 534
-
16 367
-
Corporate
73 000
121 500
-
-
income
13 869
23 085
-
-
total
13 869
23 085
-
-
Dividends
59 131
98 415
-
-
withholding
8 870
14 762
-
-
total
8 870
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 784
37 847
63 287
59 842
After tax
75 716
83 653
58 213
61 658
Living cost
25 455
25 455
25 455
25 455
Free-cash
50 261
58 198
32 758
36 203

Estimated living cost  is ₽25455 per week

₽17469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65579
₽31066
₽41111
-₽26589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 851
income
-
-
-
23 683
total
-
-
-
37 534
Employee
61 448
-
-
-
social contributions
5 039
-
718
-
income
13 554
-
-
-
total
18 593
-
718
-
Employer
61 448
-
-
-
social contributions
86 641
-
12 348
-
total
86 641
-
12 348
-
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
105 234
47 579
13 066
37 534
After tax
16 266
73 921
108 434
83 966
Living cost
42 855
42 855
42 855
42 855
Free-cash
-26 589
31 066
65 579
41 111

Estimated living cost  is ₽42855 per week

₽27806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29020
₽39342
₽36833
₽38386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
42 222
income
-
-
-
12 677
surtax
-
-
-
-
total
-
-
-
54 899
Employee
43 648
-
98 181
-
surtax
-
-
-
-
social contributions
4 801
-
10 800
-
income
9 079
-
28 593
-
total
13 880
-
39 393
-
Employer
43 648
-
98 181
-
social contributions
10 366
-
23 319
-
total
10 366
-
23 319
-
Corporate
67 486
121 500
-
-
surtax
-
-
-
-
income
14 172
25 514
-
-
total
14 172
25 514
-
-
Dividends
53 314
95 986
-
-
withholding
14 928
26 876
-
-
total
14 928
26 876
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 346
52 390
62 712
54 899
After tax
68 154
69 110
58 788
66 601
Living cost
29 768
29 768
29 768
29 768
Free-cash
38 386
39 342
29 020
36 833

Estimated living cost  is ₽29768 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26040
₽15399
₽23372
₽21923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 766
social contributions
-
-
-
3 461
health
-
-
-
3 712
income
-
-
-
15 335
pensions
-
-
-
26 017
surtax
-
-
-
-
total
-
-
-
52 291
Employee
59 439
-
96 672
-
surtax
-
-
-
-
social contributions
1 693
-
2 755
-
income
5 186
-
16 424
-
pensions
6 723
-
5 617
-
total
13 602
-
24 796
-
Employer
59 439
-
96 672
-
other
2 051
-
3 335
-
unemployment
2 408
-
3 915
-
health
4 160
-
7 635
-
pensions
9 767
-
9 652
-
social contributions
178
-
290
-
total
18 564
-
24 827
-
Corporate
43 496
121 500
-
-
surtax
-
-
-
-
income
12 178
34 020
-
-
total
12 178
34 020
-
-
Dividends
31 318
87 480
-
-
social contributions
5 387
15 047
-
-
surtax
-
-
-
-
withholding
4 009
11 197
-
-
total
9 396
26 244
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 740
60 264
49 623
52 291
After tax
67 760
61 236
71 877
69 209
Living cost
45 837
45 837
45 837
45 837
Free-cash
21 923
15 399
26 040
23 372

Estimated living cost  is ₽45837 per week

₽31022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65759
₽80824
₽62529
₽77634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 714
social contributions
-
-
-
26 730
total
-
-
-
30 444
Employee
30 510
-
105 194
-
income
-
-
4 072
-
social contributions
1 983
-
6 836
-
total
1 983
-
10 908
-
Employer
30 510
-
105 194
-
social contributions
4 729
-
16 306
-
total
4 729
-
16 306
-
Corporate
86 260
121 500
-
-
income
8 627
12 149
-
-
total
8 627
12 149
-
-
Dividends
77 634
109 351
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
15 339
12 149
27 214
30 444
After tax
106 161
109 351
94 286
91 056
Living cost
28 527
28 527
28 527
28 527
Free-cash
77 634
80 824
65 759
62 529

Estimated living cost  is ₽28527 per week

₽18445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽84936
-₽84936
₽28194
-₽84936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 654
pensions
-
-
-
821
national
-
-
-
13 239
municipal
-
-
-
23 961
total
-
-
-
47 675
Employee
192 597
192 597
192 597
-
labour market
15 386
15 386
15 386
-
municipal
41 012
41 012
41 012
-
national
23 529
23 529
23 529
-
pensions
274
274
274
-
total
80 201
80 201
80 201
-
Employer
192 597
192 597
192 597
-
national
23 570
23 570
23 570
-
labour market
15 408
15 408
15 408
-
pensions
548
548
548
-
municipal
41 078
41 078
41 078
-
total
80 604
80 604
80 604
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
160 805
160 805
160 805
47 675
After tax
-39 305
-39 305
-39 305
73 825
Living cost
45 631
45 631
45 631
45 631
Free-cash
-84 936
-84 936
-84 936
28 194

Estimated living cost  is ₽45631 per week

₽31230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43633
-₽10876
₽62510
₽6663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
31 617
pensions
-
-
-
3 977
total
-
-
-
38 273
Employee
32 589
-
106 579
-
income
4 471
-
22 734
-
pensions
3 670
-
7 292
-
health
3 732
-
12 203
-
total
11 873
-
42 229
-
Employer
32 589
-
106 579
-
unemployment
799
-
2 611
-
accident
544
-
1 780
-
pensions
5 299
-
10 530
-
total
6 642
-
14 921
-
Corporate
82 269
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.

74 042
109 350
-
-
total
74 042
109 350
-
-
Dividends
8 227
12 150
-
-
withholding
1 563
2 309
-
-
total
1 563
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
94 120
111 659
57 150
38 273
After tax
27 380
9 841
64 350
83 227
Living cost
20 717
20 717
20 717
20 717
Free-cash
6 663
-10 876
43 633
62 510

Estimated living cost  is ₽20717 per week

₽15080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽30203
₽42317
₽46865
₽42671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 475
national
-
-
-
15 120
municipal
-
-
-
21 604
total
-
-
-
38 199
Employee
49 930
-
102 212
-
municipal
8 178
-
16 668
-
national
825
-
9 294
-
pensions
3 370
-
6 899
-
health
373
-
1 178
-
unemployment
749
-
1 533
-
total
13 495
-
35 572
-
Employer
49 930
-
102 212
-
unemployment
324
-
665
-
health
384
-
787
-
accident
50
-
103
-
pensions
8 663
-
17 734
-
total
9 421
-
19 289
-
Corporate
62 149
121 500
-
-
income
12 430
24 300
-
-
total
12 430
24 300
-
-
Dividends

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

37 289
72 900
-
-
national
335
5 325
-
-
municipal
6 712
13 122
-
-
total
7 047
18 447
-
-
Income
121 500
121 500
121 500
121 500
Total tax
42 393
42 747
54 861
38 199
After tax
79 107
78 753
66 639
83 301
Living cost
36 436
36 436
36 436
36 436
Free-cash
42 671
42 317
30 203
46 865

Estimated living cost  is ₽36436 per week

₽23800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61825
₽66810
₽63109
₽61645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 355
health
-
-
-
3 098
income
-
-
-
17 965
total
-
-
-
36 418
Employee
72 976
72 976
111 272
-
social contributions
2 759
6 057
8 169
-
income
7 946
6 755
17 415
-
health
566
1 241
1 891
-
total
11 271
14 053
27 475
-
Employer
72 976
72 976
111 272
-
health
614
1 351
2 058
-
social contributions
2 759
6 057
8 169
-
total
3 373
7 408
10 227
-
Corporate
84 884
41 117
-
-
income
10 611
5 140
-
-
total
10 611
5 140
-
-
Dividends
74 273
35 977
-
-
withholding
12 627
6 116
-
-
total
12 627
6 116
-
-
Income
121 500
121 500
121 500
121 500
Total tax
37 882
32 717
37 702
36 418
After tax
83 618
88 783
83 798
85 082
Living cost
21 973
21 973
21 973
21 973
Free-cash
61 645
66 810
61 825
63 109

Estimated living cost  is ₽21973 per week

₽13169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
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.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65914
₽85547
₽84948
₽80719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 434
income
-
-
-
11 986
pensions
-
-
-
6 037
unemployment
-
-
-
27
total
-
-
-
21 484
Employee

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

21 783
-
112 225
-
income
1 489
-
9 632
-
pensions
3 267
-
13 507
-
health
1 851
-
7 654
-
unemployment
108
-
450
-
total
6 715
-
31 243
-
Employer

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

21 783
-
112 225
-
unemployment
108
-
450
-
health
936
-
3 872
-
pensions
1 198
-
4 953
-
total
2 242
-
9 275
-
Corporate
97 474
121 500
-
-
income
8 772
10 935
-
-
total
8 772
10 935
-
-
Dividends
88 702
110 565
-
-
withholding
7 984
9 950
-
-
total
7 984
9 950
-
-
Income
121 500
121 500
121 500
121 500
Total tax
25 713
20 885
40 518
21 484
After tax
95 787
100 615
80 982
100 016
Living cost
15 068
15 068
15 068
15 068
Free-cash
80 719
85 547
65 914
84 948

Estimated living cost  is ₽15068 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37003
₽55441
₽41565
₽50729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
792
income
-
-
-
27 449
pensions
-
-
-
24 893
unemployment
-
-
-
616
total
-
-
-
53 838
Employee
35 091
-
93 457
-
income
6 765
-
24 771
-
other
34
-
88
-
pensions
1 650
-
4 135
-
unemployment
544
-
1 363
-
total
8 993
-
30 357
-
Employer
35 091
-
93 457
-
other
281
-
704
-
unemployment
1 931
-
4 837
-
accident
695
-
1 742
-
pensions
8 281
-
20 760
-
total
11 188
-
28 043
-
Corporate
75 221
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.

11 283
18 226
-
-
total
11 283
18 226
-
-
Dividends
63 938
103 274
-
-
withholding
13 210
21 736
-
-
total
13 210
21 736
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 674
39 962
58 400
53 838
After tax
76 826
81 538
63 100
67 662
Living cost
26 097
26 097
26 097
26 097
Free-cash
50 729
55 441
37 003
41 565

Estimated living cost  is ₽26097 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76056
₽74056
₽76181
₽73766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
931
income
-
-
-
41 344
pensions
-
-
-
1 284
total
-
-
-
43 559
Employee
2 680
-
120 056
-
income
518
-
41 277
-
pensions
241
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
920
-
42 240
-
Employer
2 680
-
120 056
-
unemployment
54
-
128
-
health
255
-
610
-
pensions
295
-
706
-
total
604
-
1 444
-
Corporate
118 217
121 500
-
-
income
26 008
26 730
-
-
total
26 008
26 730
-
-
Dividends
92 209
94 770
-
-
withholding
18 442
18 954
-
-
total
18 442
18 954
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 974
45 684
43 684
43 559
After tax
75 526
75 816
77 816
77 941
Living cost
1 760
1 760
1 760
1 760
Free-cash
73 766
74 056
76 056
76 181

Estimated living cost  is ₽1760 per week

₽1046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52250
₽71407
₽52250
₽66748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 208
income
-
-
-
26 419
pensions
-
-
-
18 196
unemployment
-
-
-
1 050
total
-
-
-
52 873
Employee

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

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

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

24 695
-
108 973
-
income
3 404
-
26 419
-
pensions
3 457
-
9 798
-
health
1 272
-
3 604
-
unemployment
185
-
525
-
total
8 318
-
40 346
-
Employer

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

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

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

24 695
-
108 973
-
unemployment
185
-
525
-
health
1 272
-
3 604
-
pensions
2 963
-
8 398
-
total
4 420
-
12 527
-
Corporate
92 385
121 500
-
-
income
13 858
18 225
-
-
total
13 858
18 225
-
-
Dividends
78 527
103 275
-
-
withholding
11 779
15 491
-
-
total
11 779
15 491
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 375
33 716
52 873
52 873
After tax
83 125
87 784
68 627
68 627
Living cost
16 377
16 377
16 377
16 377
Free-cash
66 748
71 407
52 250
52 250

Estimated living cost  is ₽16377 per week

₽11026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
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.
₽3610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33203
₽43525
₽41016
₽43183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
42 222
income
-
-
-
12 677
surtax
-
-
-
-
total
-
-
-
54 899
Employee
36 834
-
98 181
-
surtax
-
-
-
-
social contributions
4 052
-
10 800
-
income
7 197
-
28 593
-
total
11 249
-
39 393
-
Employer
36 834
-
98 181
-
social contributions
8 747
-
23 319
-
total
8 747
-
23 319
-
Corporate
75 919
121 500
-
-
surtax
-
-
-
-
income
15 942
25 514
-
-
total
15 942
25 514
-
-
Dividends
59 977
95 986
-
-
withholding
16 794
26 876
-
-
total
16 794
26 876
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 732
52 390
62 712
54 899
After tax
68 768
69 110
58 788
66 601
Living cost
25 585
25 585
25 585
25 585
Free-cash
43 183
43 525
33 203
41 016

Estimated living cost  is ₽25585 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29747
₽48185
₽34309
₽41213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
792
income
-
-
-
27 449
pensions
-
-
-
24 893
unemployment
-
-
-
616
total
-
-
-
53 838
Employee
45 834
-
93 457
-
income
9 573
-
24 771
-
other
45
-
88
-
pensions
2 154
-
4 135
-
unemployment
710
-
1 363
-
total
12 482
-
30 357
-
Employer
45 834
-
93 457
-
other
367
-
704
-
unemployment
2 521
-
4 837
-
accident
908
-
1 742
-
pensions
10 817
-
20 760
-
total
14 613
-
28 043
-
Corporate
61 053
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.

9 158
18 226
-
-
total
9 158
18 226
-
-
Dividends
51 895
103 274
-
-
withholding
10 681
21 736
-
-
total
10 681
21 736
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 934
39 962
58 400
53 838
After tax
74 566
81 538
63 100
67 662
Living cost
33 353
33 353
33 353
33 353
Free-cash
41 213
48 185
29 747
34 309

Estimated living cost  is ₽33353 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82649
₽87725
₽78359
₽82002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 773
income
-
-
-
18 225
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
26 984
Employee
21 394
-
115 063
-
income
2 140
-
11 506
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 881
-
health
984
-
1 509
-
total
5 237
-
16 257
-
Employer
21 394
-
115 063
-
unemployment
128
-
197
-
health
1 476
-
2 264
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

2 358
-
3 615
-
total
4 197
-
6 437
-
Corporate
95 909
121 500
-
-
income
9 591
12 150
-
-
total
9 591
12 150
-
-
Dividends
86 318
109 350
-
-
withholding
4 316
5 468
-
-
total
4 316
5 468
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 341
17 618
22 694
26 984
After tax
98 159
103 882
98 806
94 516
Living cost
16 157
16 157
16 157
16 157
Free-cash
82 002
87 725
82 649
78 359

Estimated living cost  is ₽16157 per week

₽10686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44098
₽25964
₽32995
₽38382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
32 493
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.

-
-
-
1 787
trade
-
-
-
11 103
total
-
-
-
51 866
Employee

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

47 220
-
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.

214
-
1 787
-
income

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

3 883
-
32 493
-
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.

6 483
-
6 483
-
total
10 580
-
40 763
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 280
121 500
-
-
chamber of commerce
252
322
-
-
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.

612
1 003
-
-
trade
10 660
17 435
-
-
income
11 143
18 226
-
-
total
22 667
36 986
-
-
Dividends
51 613
84 514
-
-
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.

690
1 142
-
-
withholding
12 542
20 769
-
-
total
13 232
21 911
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 479
58 897
40 763
51 866
After tax
75 021
62 603
80 737
69 634
Living cost
36 639
36 639
36 639
36 639
Free-cash
38 382
25 964
44 098
32 995

Estimated living cost  is ₽36639 per week

₽25275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23158
₽30990
₽23158
₽33083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 914
social contributions
-
-
-
11 367
total
-
-
-
44 281
Employee
74 235
-
121 500
-
income
14 008
-
32 914
-
social contributions
6 167
-
11 367
-
total
20 175
-
44 281
-
Employer
74 235
-
121 500
-
total
-
-
-
-
Corporate
47 265
121 500
-
-
income
5 909
15 187
-
-
total
5 909
15 187
-
-
Dividends
41 356
106 313
-
-
withholding
8 272
21 262
-
-
total
8 272
21 262
-
-
Income
121 500
121 500
121 500
121 500
Total tax
34 356
36 449
44 281
44 281
After tax
87 144
85 051
77 219
77 219
Living cost
54 061
54 061
54 061
54 061
Free-cash
33 083
30 990
23 158
23 158

Estimated living cost  is ₽54061 per week

₽41129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54724
₽39512
₽54176
₽42827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 014
health

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

-
-
-
5 860
total
-
-
-
32 874
Employee
43 536
-
117 134
-
income
4 724
-
23 594
-
social contributions
4 362
-
4 366
-
total
9 086
-
27 960
-
Employer
43 536
-
117 134
-
social contributions
4 362
-
4 366
-
total
4 362
-
4 366
-
Corporate
73 602
121 500
-
-
income
25 761
42 524
-
-
total
25 761
42 524
-
-
Dividends
47 841
78 976
-
-
social contributions
5 014
5 014
-
-
total
5 014
5 014
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 223
47 538
32 326
32 874
After tax
77 277
73 962
89 174
88 626
Living cost
34 450
34 450
34 450
34 450
Free-cash
42 827
39 512
54 724
54 176

Estimated living cost  is ₽34450 per week

₽22692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37593
₽49275
₽48837
₽50589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 945
pensions
-
-
-
7 606
total
-
-
-
37 551
Employee
48 196
-
106 555
-
income
8 777
-
22 446
-
health
629
-
1 720
-
pensions
3 679
-
9 683
-
total
13 085
-
33 849
-
Employer
48 196
-
106 555
-
health
916
-
2 024
-
pensions
4 869
-
12 922
-
total
5 785
-
14 946
-
Corporate
67 518
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.

12 828
23 085
-
-
total
12 828
23 085
-
-
Dividends
54 690
98 415
-
-
withholding
4 101
14 028
-
-
total
4 101
14 028
-
-
Income
121 500
121 500
121 500
121 500
Total tax
35 799
37 113
48 795
37 551
After tax
85 701
84 387
72 705
83 949
Living cost
35 112
35 112
35 112
35 112
Free-cash
50 589
49 275
37 593
48 837

Estimated living cost  is ₽35112 per week

₽24087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41582
-₽12927
₽60459
₽6349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
31 617
pensions
-
-
-
3 977
total
-
-
-
38 273
Employee
35 815
-
106 579
-
income
4 914
-
22 734
-
pensions
4 033
-
7 292
-
health
4 101
-
12 203
-
total
13 048
-
42 229
-
Employer
35 815
-
106 579
-
unemployment
877
-
2 611
-
accident
598
-
1 780
-
pensions
5 823
-
10 530
-
total
7 298
-
14 921
-
Corporate
78 386
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.

70 548
109 350
-
-
total
70 548
109 350
-
-
Dividends
7 839
12 150
-
-
withholding
1 489
2 309
-
-
total
1 489
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
92 383
111 659
57 150
38 273
After tax
29 117
9 841
64 350
83 227
Living cost
22 768
22 768
22 768
22 768
Free-cash
6 349
-12 927
41 582
60 459

Estimated living cost  is ₽22768 per week

₽16709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽68518
₽89442
₽55942
₽85009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 345
health insurance
-
-
-
8 991
work injury
-
-
-
608
pensions
-
-
-
22 356
unemployment
-
-
-
1 458
total
-
-
-
52 758
Employee

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

20 480
-
121 500
-
income
2 048
-
19 345
-
work injury
102
-
379
-
health insurance
1 516
-
5 607
-
pensions
3 768
-
13 942
-
unemployment
246
-
909
-
total
7 680
-
40 182
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 020
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%.

1 010
1 215
-
-
total
1 010
1 215
-
-
Dividends
100 010
120 285
-
-
withholding
15 001
18 043
-
-
total
15 001
18 043
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 691
19 258
40 182
52 758
After tax
97 809
102 242
81 318
68 742
Living cost
12 800
12 800
12 800
12 800
Free-cash
85 009
89 442
68 518
55 942

Estimated living cost  is ₽12800 per week

₽7930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽15735
₽26192
₽21291
₽21875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 250
national
-
-
-
27 668
regional
-
-
-
2 672
municipal
-
-
-
812
total
-
-
-
62 402
Employee
79 971
-
121 500
-
social contributions
26 966
-
40 970
-
municipal
477
-
724
-
national
13 514
-
23 974
-
regional
1 207
-
2 290
-
total
42 164
-
67 958
-
Employer
79 971
-
121 500
-
total
-
-
-
-
Corporate
41 529
121 500
-
-
nationa
9 967
29 159
-
-
municipal
2 001
5 857
-
-
total
11 968
35 016
-
-
Dividends
29 562
86 484
-
-
withholding
7 686
22 485
-
-
total
7 686
22 485
-
-
Income
121 500
121 500
121 500
121 500
Total tax
61 818
57 501
67 958
62 402
After tax
59 682
63 999
53 542
59 098
Living cost
37 807
37 807
37 807
37 807
Free-cash
21 875
26 192
15 735
21 291

Estimated living cost  is ₽37807 per week

₽26557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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