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
₽39785
₽32548
₽43067
₽51957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
12 172
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.

-
-
-
6 497
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.

-
-
-
1 785
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.

-
-
-
32 454
total
-
-
-
52 908
Employee

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

36 376
-
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
-
1 785
-
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.

1 016
-
32 454
-
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.

6 497
-
6 497
-
total
7 569
-
40 736
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 124
121 500
-
-
trade
13 408
19 136
-
-
income
12 769
18 225
-
-
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
1 002
-
-
total
27 146
38 682
-
-
Dividends
57 978
82 818
-
-
withholding
14 133
20 344
-
-
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
1 119
-
-
total
14 911
21 463
-
-
Income
121 500
121 500
121 500
121 500
Total tax
49 626
60 145
40 736
52 908
After tax
71 874
61 355
80 764
68 592
Living cost
28 807
28 807
28 807
28 807
Free-cash
43 067
32 548
51 957
39 785

Estimated living cost  is ₽28807 per week

₽18120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22273
₽25444
₽24607
₽23227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
12 931
pensions
-
-
-
14 580
social contributions
-
-
-
1 306
national
-
-
-
20 038
total
-
-
-
48 855
Employee
78 085
-
105 036
-
municipal
9 645
-
13 401
-
national
14 945
-
20 767
-
pensions
3 123
-
4 201
-
total
27 713
-
38 369
-
Employer
78 085
-
105 036
-
pensions
6 247
-
8 403
-
social contributions
839
-
1 129
-
total
7 086
-
9 532
-
Corporate
31 175
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%.

6 235
24 300
-
-
total
6 235
24 300
-
-
Dividends
24 940
97 200
-
-
withholding
5 487
21 384
-
-
total
5 487
21 384
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 521
45 684
47 901
48 855
After tax
74 979
75 816
73 599
72 645
Living cost
50 372
50 372
50 372
50 372
Free-cash
24 607
25 444
23 227
22 273

Estimated living cost  is ₽50372 per week

₽34237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽754
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15811
₽77414
₽69612
₽48397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
30 983
social contributions

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

-
-
-
36 439
income
-
-
-
18 481
microenterprise
-
-
-
-
total
-
-
-
85 903
Employee
27 790
-
97 913
-
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.

3 057
-
10 771
-
surtax
-
-
-
-
income
4 947
-
18 959
-
total
8 004
-
29 730
-
Employer
27 790
-
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.

6 694
-
23 587
-
total
6 694
-
23 587
-
Corporate
87 016
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%.

17 404
24 300
-
-
total
17 404
24 300
-
-
Dividends

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

69 612
97 200
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
32 102
24 300
53 317
85 903
After tax
89 398
97 200
68 183
35 597
Living cost
19 786
19 786
19 786
19 786
Free-cash
69 612
77 414
48 397
15 811

Estimated living cost  is ₽19786 per week

₽12623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30146
₽19626
₽13800
₽27820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 143
health
-
-
-
11 728
income
-
-
-
28 642
total
-
-
-
51 513
Employee
81 216
81 216
103 826
-
pensions
14 619
11 143
11 143
-
income

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

13 294
13 294
13 294
-
health
12 466
10 603
11 728
-
total
40 379
35 040
36 165
-
Employer
81 216
81 216
103 826
-
pensions
5 653
5 653
7 026
-
unemployment
2 924
2 924
3 633
-
health
5 645
5 645
7 015
-
total
14 222
14 222
17 674
-
Corporate
27 058
26 062
-
-
income
5 411
5 212
-
-
total
5 411
5 212
-
-
Dividends
21 647
20 849
-
-
withholding
3 247
3 128
-
-
income
4 600
4 431
-
-
total
7 847
7 559
-
-
Income
121 500
121 500
121 500
121 500
Total tax
67 859
62 033
53 839
51 513
After tax
53 641
59 467
67 661
69 987
Living cost
39 841
39 841
39 841
39 841
Free-cash
13 800
19 626
27 820
30 146

Estimated living cost  is ₽39841 per week

₽28234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25531
₽27170
₽26292
₽24476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
28 815
pensions
-
-
-
9 280
health
-
-
-
5 357
other
-
-
-
9 975
unemployment
-
-
-
86
accident
-
-
-
172
national
-
-
-
3 115
total
-
-
-
56 800
Employee
55 812
-
94 528
-
municipal
16 643
-
28 188
-
national
-
-
2 695
-
total
16 643
-
30 883
-
Employer
55 812
-
94 528
-
pensions
6 033
-
9 280
-
other
6 485
-
9 975
-
unemployment
1 473
-
2 266
-
accident
112
-
172
-
health
3 432
-
5 279
-
total
17 535
-
26 972
-
Corporate
48 152
121 500
-
-
income
10 593
26 730
-
-
total
10 593
26 730
-
-
Dividends
37 558
94 770
-
-
withholding
11 268
28 431
-
-
total
11 268
28 431
-
-
Income
121 500
121 500
121 500
121 500
Total tax
56 039
55 161
57 855
56 800
After tax
65 461
66 339
63 645
64 700
Living cost
39 169
39 169
39 169
39 169
Free-cash
26 292
27 170
24 476
25 531

Estimated living cost  is ₽39169 per week

₽25960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30690
₽23371
₽36732
₽43403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
12 713
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.

-
-
-
6 497
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.

-
-
-
1 785
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.

-
-
-
32 454
total
-
-
-
53 449
Employee

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

48 230
-
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
-
1 785
-
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.

4 144
-
32 454
-
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.

6 497
-
6 497
-
total
10 868
-
40 736
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 270
121 500
-
-
trade
12 053
19 986
-
-
income
10 991
18 225
-
-
chamber of commerce
249
318
-
-
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
1 002
-
-
total
23 898
39 531
-
-
Dividends
49 373
81 969
-
-
withholding
11 982
20 131
-
-
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
1 106
-
-
total
12 641
21 237
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 407
60 768
40 736
53 449
After tax
74 093
60 732
80 764
68 051
Living cost
37 361
37 361
37 361
37 361
Free-cash
36 732
23 371
43 403
30 690

Estimated living cost  is ₽37361 per week

₽24988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54239
₽57936
₽53994
₽52954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 099
social contributions
-
-
-
15 388
income
-
-
-
17 927
total
-
-
-
36 414
Employee
73 132
73 132
111 256
-
social contributions
3 554
6 070
8 187
-
income
7 679
6 770
17 377
-
health
727
1 244
1 891
-
total
11 960
14 084
27 455
-
Employer
73 132
73 132
111 256
-
social contributions
3 554
6 070
8 187
-
health
792
1 354
2 057
-
total
4 346
7 424
10 244
-
Corporate
74 346
40 945
-
-
income
9 293
5 118
-
-
total
9 293
5 118
-
-
Dividends
65 053
35 827
-
-
withholding
11 060
6 091
-
-
total
11 060
6 091
-
-
Income
121 500
121 500
121 500
121 500
Total tax
36 659
32 717
37 699
36 414
After tax
84 841
88 783
83 801
85 086
Living cost
30 847
30 847
30 847
30 847
Free-cash
53 994
57 936
52 954
54 239

Estimated living cost  is ₽30847 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66724
₽50908
₽51269
₽52990
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 182
10 022
101 674
-
pensions
2 518
1 002
10 167
-
unemployment
378
150
1 525
-
income
3 079
1 225
12 430
-
health
1 763
702
7 117
-
total
7 738
3 079
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.

25 182
10 022
101 674
-
pensions
4 911
1 954
19 826
-
total
4 911
1 954
19 826
-
Corporate
91 407
109 524
-
-
income
8 227
9 857
-
-
total
8 227
9 857
-
-
Dividends
83 181
99 666
-
-
withholding
15 804
18 937
-
-
social contributions
16 106
19 320
-
-
total
31 910
38 257
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 786
53 147
51 065
37 331
After tax
68 714
68 353
70 435
84 169
Living cost
17 445
17 445
17 445
17 445
Free-cash
51 269
50 908
52 990
66 724

Estimated living cost  is ₽17445 per week

₽11905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42151
₽74228
₽68319
₽47058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 300
health
-
-
-
15 796
income
-
-
-
16 281
total
-
-
-
56 377
Employee
26 980
-
90 806
-
pensions
540
-
1 816
-
unemployment
431
-
1 453
-
income
3 037
-
17 507
-
total
4 008
-
20 776
-
Employer
26 980
-
90 806
-
pensions
5 396
-
18 162
-
unemployment
217
-
727
-
health
3 507
-
11 805
-
total
9 120
-
30 694
-
Corporate
85 400
121 500
-
-
income
17 081
24 300
-
-
total
17 081
24 300
-
-
Dividends
68 320
97 200
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
30 209
24 300
51 470
56 377
After tax
91 291
97 200
70 030
65 123
Living cost
22 972
22 972
22 972
22 972
Free-cash
68 319
74 228
47 058
42 151

Estimated living cost  is ₽22972 per week

₽15756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61995
-₽11397
₽6585
₽43053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 017
health
-
-
-
2 105
other
-
-
-
358
accident
-
-
-
244
income
-
-
-
31 543
total
-
-
-
38 267
Employee
33 409
-
106 477
-
pensions
3 762
-
7 365
-
income
4 583
-
22 630
-
health
3 825
-
12 191
-
total
12 170
-
42 186
-
Employer
33 409
-
106 477
-
pensions
5 433
-
10 636
-
unemployment
818
-
2 609
-
accident
558
-
1 778
-
total
6 809
-
15 023
-
Corporate
81 283
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.

73 154
109 350
-
-
total
73 154
109 350
-
-
Dividends
8 128
12 150
-
-
withholding
1 544
2 309
-
-
total
1 544
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
93 677
111 659
57 209
38 267
After tax
27 823
9 841
64 291
83 233
Living cost
21 238
21 238
21 238
21 238
Free-cash
6 585
-11 397
43 053
61 995

Estimated living cost  is ₽21238 per week

₽15566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112506
₽107646
₽106187
₽89421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 724
-
121 500
-
income
1 945
-
24 300
-
total
1 945
-
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%.

111 776
121 500
-
-
total
-
-
-
-
Dividends
111 776
121 500
-
-
withholding
5 589
6 075
-
-
total
5 589
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
7 534
6 075
24 300
1 215
After tax
113 966
115 425
97 200
120 285
Living cost
7 779
7 779
7 779
7 779
Free-cash
106 187
107 646
89 421
112 506

Estimated living cost  is ₽7779 per week

₽4821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39599
₽63924
₽57500
₽44624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
29 160
health
-
-
-
5 346
other
-
-
-
5 772
income
-
-
-
16 281
total
-
-
-
56 559
Employee
34 532
-
97 045
-
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.

2 417
-
6 793
-
unemployment
345
-
971
-
income
5 945
-
17 956
-
health
484
-
1 359
-
total
9 191
-
27 079
-
Employer
34 532
-
97 045
-
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.

5 871
-
16 498
-
other
1 727
-
4 851
-
unemployment
345
-
971
-
accident
276
-
776
-
health
484
-
1 359
-
total
8 703
-
24 455
-
Corporate
78 265
121 500
-
-
income
16 436
25 515
-
-
total
16 436
25 515
-
-
Dividends
61 829
95 985
-
-
withholding
4 328
6 719
-
-
total
4 328
6 719
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 658
32 234
51 534
56 559
After tax
82 842
89 266
69 966
64 941
Living cost
25 342
25 342
25 342
25 342
Free-cash
57 500
63 924
44 624
39 599

Estimated living cost  is ₽25342 per week

₽17905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20805
₽21231
₽14939
₽9558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 597
income
-
-
-
29 970
total
-
-
-
37 567
Employee
89 316
-
106 551
-
pensions
8 617
-
9 671
-
income
16 100
-
22 474
-
health
1 472
-
1 720
-
total
26 189
-
33 865
-
Employer
89 316
-
106 551
-
pensions
10 546
-
12 924
-
health
1 696
-
2 025
-
total
12 242
-
14 949
-
Corporate
19 942
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.

3 790
23 085
-
-
total
3 790
23 085
-
-
Dividends
16 152
98 415
-
-
withholding
1 212
14 056
-
-
total
1 212
14 056
-
-
Income
121 500
121 500
121 500
121 500
Total tax
43 433
37 141
48 814
37 567
After tax
78 067
84 359
72 686
83 933
Living cost
63 128
63 128
63 128
63 128
Free-cash
14 939
21 231
9 558
20 805

Estimated living cost  is ₽63128 per week

₽47303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81935
₽91412
₽86993
₽86205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 917
health
-
-
-
3 820
unemployment
-
-
-
133
income
-
-
-
18 225
total
-
-
-
27 095
Employee
16 511
-
114 982
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 450
-
2 917
-
income
1 651
-
11 498
-
health
759
-
1 528
-
total
4 042
-
16 308
-
Employer
16 511
-
114 982
-
pensions

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

1 820
-
3 661
-
unemployment
99
-
199
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
health
1 140
-
2 292
-
total
3 241
-
6 517
-
Corporate
101 749
121 500
-
-
income
10 175
12 150
-
-
total
10 175
12 150
-
-
Dividends
91 574
109 350
-
-
withholding
4 579
5 468
-
-
total
4 579
5 468
-
-
Income
121 500
121 500
121 500
121 500
Total tax
22 037
17 618
22 825
27 095
After tax
99 463
103 882
98 675
94 405
Living cost
12 470
12 470
12 470
12 470
Free-cash
86 993
91 412
86 205
81 935

Estimated living cost  is ₽12470 per week

₽7280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17250
₽6730
₽9124
₽14924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 143
health
-
-
-
11 728
income
-
-
-
28 642
total
-
-
-
51 513
Employee
88 175
81 216
103 826
-
pensions
11 143
11 143
11 143
-
income

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

13 294
13 294
13 294
-
health
11 000
10 603
11 728
-
total
35 437
35 040
36 165
-
Employer
88 175
81 216
103 826
-
pensions
6 136
5 653
7 026
-
unemployment
3 175
2 924
3 633
-
health
6 127
5 645
7 015
-
total
15 438
14 222
17 674
-
Corporate
17 887
26 062
-
-
income
3 577
5 212
-
-
total
3 577
5 212
-
-
Dividends
14 310
20 849
-
-
withholding
2 146
3 128
-
-
income
3 041
4 431
-
-
total
5 187
7 559
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 639
62 033
53 839
51 513
After tax
61 861
59 467
67 661
69 987
Living cost
52 737
52 737
52 737
52 737
Free-cash
9 124
6 730
14 924
17 250

Estimated living cost  is ₽52737 per week

₽38903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36785
₽60016
₽51584
₽38019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 402
social contributions
-
-
-
34 013
solidarity contribution
-
-
-
-
income
-
-
-
10 663
total
-
-
-
61 078
Employee
34 760
-
90 672
-
social contributions
2 259
-
5 894
-
income
4 171
-
10 881
-
solidarity contribution
-
-
-
-
health
4 693
-
12 241
-
total
11 123
-
29 016
-
Employer
34 760
-
90 672
-
social contributions
8 690
-
22 668
-
health
3 128
-
8 160
-
total
11 818
-
30 828
-
Corporate
74 921
121 500
-
-
income
14 235
23 085
-
-
total
14 235
23 085
-
-
Dividends
60 686
98 415
-
-
withholding
9 103
14 762
-
-
total
9 103
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 279
37 847
59 844
61 078
After tax
75 221
83 653
61 656
60 422
Living cost
23 637
23 637
23 637
23 637
Free-cash
51 584
60 016
38 019
36 785

Estimated living cost  is ₽23637 per week

₽16418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20358
₽24694
₽19727
₽14575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
722
regional
-
-
-
1 386
social contributions
-
-
-
31 250
national
-
-
-
27 653
total
-
-
-
61 011
Employee
84 524
-
121 500
-
social contributions
28 502
-
40 969
-
municipal
448
-
644
-
regional
798
-
1 220
-
national
14 646
-
23 961
-
total
44 394
-
66 794
-
Employer
84 524
-
121 500
-
total
-
-
-
-
Corporate
36 976
121 500
-
-
nationa
8 874
29 160
-
-
municipal
1 442
4 738
-
-
total
10 316
33 898
-
-
Dividends
26 660
87 602
-
-
withholding
6 932
22 777
-
-
total
6 932
22 777
-
-
Income
121 500
121 500
121 500
121 500
Total tax
61 642
56 675
66 794
61 011
After tax
59 858
64 825
54 706
60 489
Living cost
40 131
40 131
40 131
40 131
Free-cash
19 727
24 694
14 575
20 358

Estimated living cost  is ₽40131 per week

₽27975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37359
₽55436
₽52477
₽35355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 300
health
-
-
-
8 627
surtax
-
-
-
3 606
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
26 404
total
-
-
-
63 154
Employee
31 451
-
100 373
-
surtax
103
-
3 288
-
pensions
2 097
-
6 694
-
other
-
-
-
-
unemployment
2 189
-
6 986
-
income
5 272
-
24 504
-
health
803
-
2 559
-
total
10 464
-
44 031
-
Employer
31 451
-
100 373
-
pensions
4 193
-
13 379
-
other
-
-
-
-
unemployment
996
-
3 182
-
health
1 431
-
4 566
-
total
6 620
-
21 127
-
Corporate
83 429
121 500
-
-
income
21 692
31 590
-
-
total
21 692
31 590
-
-
Dividends
61 737
89 910
-
-
withholding
9 260
13 487
-
-
total
9 260
13 487
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 036
45 077
65 158
63 154
After tax
73 464
76 423
56 342
58 346
Living cost
20 987
20 987
20 987
20 987
Free-cash
52 477
55 436
35 355
37 359

Estimated living cost  is ₽20987 per week

₽12832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40806
₽41232
₽40478
₽29559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 597
income
-
-
-
29 970
total
-
-
-
37 567
Employee
59 857
-
106 551
-
pensions
5 081
-
9 671
-
income
10 781
-
22 474
-
health
869
-
1 720
-
total
16 731
-
33 865
-
Employer
59 857
-
106 551
-
pensions
6 480
-
12 924
-
health
1 137
-
2 025
-
total
7 617
-
14 949
-
Corporate
54 026
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.

10 265
23 085
-
-
total
10 265
23 085
-
-
Dividends
43 761
98 415
-
-
withholding
3 282
14 056
-
-
total
3 282
14 056
-
-
Income
121 500
121 500
121 500
121 500
Total tax
37 895
37 141
48 814
37 567
After tax
83 605
84 359
72 686
83 933
Living cost
43 127
43 127
43 127
43 127
Free-cash
40 478
41 232
29 559
40 806

Estimated living cost  is ₽43127 per week

₽32311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24014
-₽20883
₽11822
₽17982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
4 759
city
-
-
-
1 280
pensions
-
-
-
11 177
health
-
-
-
273
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
national
-
-
-
1 123
total
-
-
-
21 043
Employee
89 458
-
108 748
-
regional
2 929
-
4 098
-
national
423
-
874
-
pensions
7 516
-
9 135
-
unemployment
-
-
-
-
city
960
-
1 168
-
health
202
-
245
-
total
12 030
-
15 520
-
Employer
89 458
-
108 748
-
pensions
7 516
-
9 135
-
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.

1 789
-
2 175
-
unemployment
-
-
-
-
health
202
-
245
-
total
9 507
-
11 555
-
Corporate
21 552
121 500
-
-
regional
4 559
25 696
-
-
national
1 832
10 327
-
-
total
6 391
36 023
-
-
Dividends
15 161
85 476
-
-
withholding
5 307
29 917
-
-
total
5 307
29 917
-
-
Income
121 500
121 500
121 500
121 500
Total tax
33 235
65 940
27 075
21 043
After tax
88 265
55 560
94 425
100 457
Living cost
76 443
76 443
76 443
76 443
Free-cash
11 822
-20 883
17 982
24 014

Estimated living cost  is ₽76443 per week

₽49710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23941
₽16536
₽31960
₽37196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 255
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.

-
-
-
6 497
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.

-
-
-
1 785
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.

-
-
-
32 454
total
-
-
-
53 991
Employee

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

57 157
-
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.

370
-
1 785
-
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.

6 721
-
32 454
-
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.

6 497
-
6 497
-
total
13 588
-
40 736
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 343
121 500
-
-
trade
11 035
20 837
-
-
income
9 652
18 225
-
-
chamber of commerce
235
316
-
-
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
1 002
-
-
total
21 453
40 380
-
-
Dividends
42 891
81 121
-
-
withholding
10 361
19 920
-
-
surtax

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

570
1 096
-
-
total
10 931
21 016
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 972
61 396
40 736
53 991
After tax
75 528
60 104
80 764
67 509
Living cost
43 568
43 568
43 568
43 568
Free-cash
31 960
16 536
37 196
23 941

Estimated living cost  is ₽43568 per week

₽31821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36675
₽28698
₽34314
₽39376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
26 051
health
-
-
-
3 700
surtax
-
-
-
-
other
-
-
-
3 767
social contributions
-
-
-
3 462
income
-
-
-
15 306
total
-
-
-
52 286
Employee
40 704
-
96 688
-
social contributions
1 160
-
2 754
-
surtax
-
-
-
-
pensions
4 602
-
5 608
-
income
2 402
-
16 411
-
total
8 164
-
24 773
-
Employer
40 704
-
96 688
-
pensions
6 687
-
9 642
-
social contributions
123
-
291
-
other
1 404
-
3 335
-
unemployment
1 648
-
3 916
-
health
2 850
-
7 628
-
total
12 712
-
24 812
-
Corporate
68 085
121 500
-
-
income
19 064
34 021
-
-
surtax
-
-
-
-
total
19 064
34 021
-
-
Dividends
49 021
87 479
-
-
withholding
6 275
11 197
-
-
surtax
-
-
-
-
social contributions
8 432
15 045
-
-
total
14 707
26 242
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 647
60 263
49 585
52 286
After tax
66 853
61 237
71 915
69 214
Living cost
32 539
32 539
32 539
32 539
Free-cash
34 314
28 698
39 376
36 675

Estimated living cost  is ₽32539 per week

₽20517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39899
₽31922
₽37206
₽42600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
26 051
health
-
-
-
3 700
surtax
-
-
-
-
other
-
-
-
3 767
social contributions
-
-
-
3 462
income
-
-
-
15 306
total
-
-
-
52 286
Employee
36 334
-
96 688
-
social contributions
1 036
-
2 754
-
surtax
-
-
-
-
pensions
4 110
-
5 608
-
income
1 873
-
16 411
-
total
7 019
-
24 773
-
Employer
36 334
-
96 688
-
pensions
5 970
-
9 642
-
social contributions
108
-
291
-
other
1 254
-
3 335
-
unemployment
1 471
-
3 916
-
health
2 543
-
7 628
-
total
11 346
-
24 812
-
Corporate
73 819
121 500
-
-
income
20 669
34 021
-
-
surtax
-
-
-
-
total
20 669
34 021
-
-
Dividends
53 151
87 479
-
-
withholding
6 804
11 197
-
-
surtax
-
-
-
-
social contributions
9 141
15 045
-
-
total
15 945
26 242
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 979
60 263
49 585
52 286
After tax
66 521
61 237
71 915
69 214
Living cost
29 315
29 315
29 315
29 315
Free-cash
37 206
31 922
42 600
39 899

Estimated living cost  is ₽29315 per week

₽17001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
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.
₽8780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57860
₽53958
₽54453
₽56707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
16 767
income
-
-
-
18 225
total
-
-
-
43 473
Employee
32 246
-
121 500
-
social contributions
4 451
-
16 767
-
income
5 378
-
19 378
-
health
2 251
-
8 481
-
total
12 080
-
44 626
-
Employer
32 246
-
121 500
-
total
-
-
-
-
Corporate
89 254
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%.

4 463
6 075
-
-
total
4 463
6 075
-
-
Dividends
84 790
115 425
-
-
withholding
12 718
17 314
-
-
social contributions
11 701
15 929
-
-
health
5 918
8 057
-
-
total
30 337
41 300
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 880
47 375
44 626
43 473
After tax
74 620
74 125
76 874
78 027
Living cost
20 167
20 167
20 167
20 167
Free-cash
54 453
53 958
56 707
57 860

Estimated living cost  is ₽20167 per week

₽13496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27421
₽34152
₽32679
-₽48
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 555
health
-
-
-
8 499
surtax
-
-
-
188
unemployment
-
-
-
5 833
income
-
-
-
25 007
chamber of commerce
-
-
-
485
total
-
-
-
60 567
Employee
47 529
37 901
94 199
-
pensions
4 868
3 880
9 647
-
other
475
379
942
-
unemployment
1 426
1 137
2 826
-
income
5 411
2 796
21 028
-
health
1 839
1 467
3 646
-
total
14 019
9 659
38 089
-
Employer
47 529
37 901
94 199
-
payroll
1 426
1 137
2 826
-
chamber of commerce
190
152
377
-
pensions
5 965
4 757
11 821
-
surtax
188
188
188
-
other
2 258
1 799
4 476
-
unemployment
1 426
1 137
2 826
-
accident
617
493
1 225
-
health
1 796
1 433
3 561
-
total
13 866
11 096
27 300
-
Corporate
60 106
72 503
90 589
-
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.

15 027
18 126
22 647
-
total
15 027
18 126
22 647
-
Dividends
45 079
54 377
-
-
withholding
12 397
14 955
-
-
total
12 397
14 955
-
-
Income
121 500
121 500
121 500
121 500
Total tax
55 309
53 836
88 036
60 567
After tax
66 191
67 664
33 464
60 933
Living cost
33 512
33 512
33 512
33 512
Free-cash
32 679
34 152
-48
27 421

Estimated living cost  is ₽33512 per week

₽22351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19646
₽33370
₽19104
₽10671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 292
communal

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

-
-
-
6 133
national
-
-
-
41 752
total
-
-
-
67 177
Employee

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

68 030
-
94 107
-
national
20 915
-
31 552
-
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.

5 102
-
7 059
-
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.

592
-
819
-
communal

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

3 548
-
4 909
-
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.

3 196
-
4 424
-
total
33 353
-
48 763
-
Employer

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

68 030
-
94 107
-
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.

6 028
-
8 338
-
surtax
7 714
-
10 670
-
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.

993
-
1 373
-
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.

884
-
1 222
-
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.

4 184
-
5 786
-
total
19 803
-
27 389
-
Corporate
33 668
121 500
-
-
income
6 734
24 300
-
-
surtax
135
485
-
-
total
6 869
24 785
-
-
Dividends
26 799
96 715
-
-
withholding

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

7 694
28 668
-
-
total
7 694
28 668
-
-
Income
121 500
121 500
121 500
121 500
Total tax
67 719
53 453
76 152
67 177
After tax
53 781
68 047
45 348
54 323
Living cost
34 677
34 677
34 677
34 677
Free-cash
19 104
33 370
10 671
19 646

Estimated living cost  is ₽34677 per week

₽22336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33296
₽47196
₽39880
₽28725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 946
other
-
-
-
88
unemployment
-
-
-
617
accident
-
-
-
794
income
-
-
-
27 412
total
-
-
-
53 857
Employee
47 341
-
93 397
-
pensions
2 225
-
4 144
-
other
47
-
88
-
unemployment
735
-
1 366
-
income
9 989
-
24 727
-
total
12 996
-
30 325
-
Employer
47 341
-
93 397
-
pensions
11 172
-
20 804
-
other
377
-
706
-
unemployment
2 604
-
4 848
-
accident
937
-
1 745
-
total
15 090
-
28 103
-
Corporate
59 069
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.

8 860
18 225
-
-
total
8 860
18 225
-
-
Dividends
50 209
103 275
-
-
withholding
10 327
21 732
-
-
total
10 327
21 732
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 273
39 957
58 428
53 857
After tax
74 227
81 543
63 072
67 643
Living cost
34 347
34 347
34 347
34 347
Free-cash
39 880
47 196
28 725
33 296

Estimated living cost  is ₽34347 per week

₽25293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
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.
₽6122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13540
₽21541
₽12147
₽18383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 211
health
-
-
-
8 537
surtax
-
-
-
6 023
accident
-
-
-
1 025
communal
-
-
-
7 679
income
-
-
-
14 801
total
-
-
-
56 276
Employee
72 023
-
108 531
-
surtax
4 415
-
6 651
-
pensions
5 761
-
8 683
-
income
6 957
-
18 300
-
health
3 205
-
4 830
-
total
20 338
-
38 464
-
Employer
72 023
-
108 531
-
pensions
5 761
-
8 683
-
accident
648
-
976
-
health
2 196
-
3 310
-
total
8 605
-
12 969
-
Corporate
40 872
121 500
-
-
communal
2 760
8 201
-
-
income
6 131
18 225
-
-
surtax
430
1 276
-
-
total
9 321
27 702
-
-
Dividends
31 552
93 798
-
-
withholding
4 732
14 070
-
-
income
14 673
6 503
-
-
total
19 405
20 573
-
-
Income
121 500
121 500
121 500
121 500
Total tax
57 669
48 275
51 433
56 276
After tax
63 831
73 225
70 067
65 224
Living cost
51 684
51 684
51 684
51 684
Free-cash
12 147
21 541
18 383
13 540

Estimated living cost  is ₽51684 per week

₽38771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36984
₽55061
₽52036
₽34980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 300
health
-
-
-
8 627
surtax
-
-
-
3 606
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
26 404
total
-
-
-
63 154
Employee
32 028
-
100 373
-
surtax
114
-
3 288
-
pensions
2 137
-
6 694
-
other
-
-
-
-
unemployment
2 229
-
6 986
-
income
5 369
-
24 504
-
health
818
-
2 559
-
total
10 667
-
44 031
-
Employer
32 028
-
100 373
-
pensions
4 270
-
13 379
-
other
-
-
-
-
unemployment
1 016
-
3 182
-
health
1 456
-
4 566
-
total
6 742
-
21 127
-
Corporate
82 729
121 500
-
-
income
21 510
31 590
-
-
total
21 510
31 590
-
-
Dividends
61 219
89 910
-
-
withholding
9 183
13 487
-
-
total
9 183
13 487
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 102
45 077
65 158
63 154
After tax
73 398
76 423
56 342
58 346
Living cost
21 362
21 362
21 362
21 362
Free-cash
52 036
55 061
34 980
36 984

Estimated living cost  is ₽21362 per week

₽12897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34423
₽38245
₽36133
₽28673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
722
regional
-
-
-
1 833
social contributions
-
-
-
31 250
national
-
-
-
27 653
total
-
-
-
61 458
Employee
52 756
-
121 500
-
social contributions
17 790
-
40 969
-
municipal
280
-
644
-
regional
710
-
1 634
-
national
8 358
-
23 961
-
total
27 138
-
67 208
-
Employer
52 756
-
121 500
-
total
-
-
-
-
Corporate
68 744
121 500
-
-
nationa
16 498
29 160
-
-
municipal
3 417
6 039
-
-
total
19 915
35 199
-
-
Dividends
48 829
86 301
-
-
withholding
12 695
22 437
-
-
total
12 695
22 437
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 748
57 636
67 208
61 458
After tax
61 752
63 864
54 292
60 042
Living cost
25 619
25 619
25 619
25 619
Free-cash
36 133
38 245
28 673
34 423

Estimated living cost  is ₽25619 per week

₽15933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31295
₽54526
₽44134
₽32529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 402
social contributions
-
-
-
34 013
solidarity contribution
-
-
-
-
income
-
-
-
10 663
total
-
-
-
61 078
Employee
42 834
-
90 672
-
social contributions
2 784
-
5 894
-
income
5 140
-
10 881
-
solidarity contribution
-
-
-
-
health
5 783
-
12 241
-
total
13 707
-
29 016
-
Employer
42 834
-
90 672
-
social contributions
10 708
-
22 668
-
health
3 855
-
8 160
-
total
14 563
-
30 828
-
Corporate
64 103
121 500
-
-
income
12 180
23 085
-
-
total
12 180
23 085
-
-
Dividends
51 923
98 415
-
-
withholding
7 789
14 762
-
-
total
7 789
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 239
37 847
59 844
61 078
After tax
73 261
83 653
61 656
60 422
Living cost
29 127
29 127
29 127
29 127
Free-cash
44 134
54 526
32 529
31 295

Estimated living cost  is ₽29127 per week

₽21661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30779
₽37425
₽36955
₽3157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 555
health
-
-
-
8 499
surtax
-
-
-
-
unemployment
-
-
-
5 833
income
-
-
-
25 007
chamber of commerce
-
-
-
485
total
-
-
-
60 379
Employee
41 573
37 901
94 347
-
pensions
4 258
3 880
9 661
-
other
415
379
944
-
unemployment
1 247
1 137
2 830
-
income
3 703
2 796
21 078
-
health
1 608
1 467
3 651
-
total
11 231
9 659
38 164
-
Employer
41 573
37 901
94 347
-
payroll
1 247
1 137
2 830
-
chamber of commerce
166
152
377
-
pensions
5 218
4 757
11 841
-
surtax
-
-
-
-
other
1 974
1 799
4 481
-
unemployment
1 247
1 137
2 830
-
accident
540
493
1 227
-
health
1 572
1 433
3 566
-
total
11 964
10 908
27 152
-
Corporate
67 963
72 691
90 737
-
income

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

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

16 990
18 173
22 685
-
total
16 990
18 173
22 685
-
Dividends
50 972
54 518
-
-
withholding
14 018
14 993
-
-
total
14 018
14 993
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 203
53 733
88 001
60 379
After tax
67 297
67 767
33 499
61 121
Living cost
30 342
30 342
30 342
30 342
Free-cash
36 955
37 425
3 157
30 779

Estimated living cost  is ₽30342 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108162
₽103302
₽101029
₽85077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 153
-
121 500
-
income
3 031
-
24 300
-
total
3 031
-
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%.

106 347
121 500
-
-
total
-
-
-
-
Dividends
106 347
121 500
-
-
withholding
5 317
6 075
-
-
total
5 317
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
8 348
6 075
24 300
1 215
After tax
113 152
115 425
97 200
120 285
Living cost
12 123
12 123
12 123
12 123
Free-cash
101 029
103 302
85 077
108 162

Estimated living cost  is ₽12123 per week

₽8203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
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.
₽3003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36170
₽58144
₽50190
₽32713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
22 188
health
-
-
-
11 955
unemployment
-
-
-
182
income
-
-
-
25 496
total
-
-
-
59 821
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.

42 056
-
105 132
-
pensions
6 519
-
16 296
-
unemployment
60
-
148
-
income
7 252
-
23 675
-
health
2 716
-
6 791
-
total
16 547
-
46 910
-
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.

42 056
-
105 132
-
pensions
3 722
-
9 304
-
unemployment
25
-
63
-
health
2 801
-
7 001
-
total
6 548
-
16 368
-
Corporate
72 896
121 500
-
-
income
13 850
23 085
-
-
total
13 850
23 085
-
-
Dividends
59 046
98 415
-
-
withholding
8 856
14 762
-
-
total
8 856
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 801
37 847
63 278
59 821
After tax
75 699
83 653
58 222
61 679
Living cost
25 509
25 509
25 509
25 509
Free-cash
50 190
58 144
32 713
36 170

Estimated living cost  is ₽25509 per week

₽17507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
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.
₽5875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42531
₽32486
-₽21683
₽67432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 412
-
-
-
social contributions
4 872
-
694
-
income
13 105
-
-
-
total
17 977
-
694
-
Employer
59 412
-
-
-
social contributions
83 771
-
11 939
-
total
83 771
-
11 939
-
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
101 748
47 579
12 633
37 534
After tax
19 752
73 921
108 867
83 966
Living cost
41 435
41 435
41 435
41 435
Free-cash
-21 683
32 486
67 432
42 531

Estimated living cost  is ₽41435 per week

₽26885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
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.
₽10125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36780
₽39278
₽38320
₽28979
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
42 222
income
-
-
-
12 666
total
-
-
-
54 888
Employee
43 741
-
98 182
-
social contributions
4 812
-
10 800
-
surtax
-
-
-
-
income
9 098
-
28 571
-
total
13 910
-
39 371
-
Employer
43 741
-
98 182
-
social contributions
10 388
-
23 318
-
total
10 388
-
23 318
-
Corporate
67 370
121 500
-
-
income
14 148
25 515
-
-
surtax
-
-
-
-
total
14 148
25 515
-
-
Dividends
53 222
95 985
-
-
withholding
14 902
26 875
-
-
total
14 902
26 875
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 348
52 390
62 689
54 888
After tax
68 152
69 110
58 811
66 612
Living cost
29 832
29 832
29 832
29 832
Free-cash
38 320
39 278
28 979
36 780

Estimated living cost  is ₽29832 per week

₽22320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23279
₽15302
₽21840
₽25980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
26 051
health
-
-
-
3 700
surtax
-
-
-
-
other
-
-
-
3 767
social contributions
-
-
-
3 462
income
-
-
-
15 306
total
-
-
-
52 286
Employee
59 566
-
96 688
-
social contributions
1 697
-
2 754
-
surtax
-
-
-
-
pensions
6 737
-
5 608
-
income
5 197
-
16 411
-
total
13 631
-
24 773
-
Employer
59 566
-
96 688
-
pensions
9 787
-
9 642
-
social contributions
179
-
291
-
other
2 056
-
3 335
-
unemployment
2 413
-
3 916
-
health
4 169
-
7 628
-
total
18 604
-
24 812
-
Corporate
43 330
121 500
-
-
income
12 132
34 021
-
-
surtax
-
-
-
-
total
12 132
34 021
-
-
Dividends
31 198
87 479
-
-
withholding
3 994
11 197
-
-
surtax
-
-
-
-
social contributions
5 364
15 045
-
-
total
9 358
26 242
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 725
60 263
49 585
52 286
After tax
67 775
61 237
71 915
69 214
Living cost
45 935
45 935
45 935
45 935
Free-cash
21 840
15 302
25 980
23 279

Estimated living cost  is ₽45935 per week

₽31088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62481
₽80762
₽77568
₽65708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 729
income
-
-
-
3 702
total
-
-
-
30 431
Employee
30 575
-
105 195
-
social contributions
1 987
-
6 838
-
income
-
-
4 061
-
total
1 987
-
10 899
-
Employer
30 575
-
105 195
-
social contributions
4 739
-
16 305
-
total
4 739
-
16 305
-
Corporate
86 185
121 500
-
-
income
8 618
12 150
-
-
total
8 618
12 150
-
-
Dividends
77 567
109 350
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
15 344
12 150
27 204
30 431
After tax
106 156
109 350
94 296
91 069
Living cost
28 588
28 588
28 588
28 588
Free-cash
77 568
80 762
65 708
62 481

Estimated living cost  is ₽28588 per week

₽18485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28067
-₽85417
-₽85417
-₽85417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 949
pensions
-
-
-
823
labour market
-
-
-
9 654
national
-
-
-
13 270
total
-
-
-
47 696
Employee
193 047
193 047
193 047
-
municipal
41 108
41 108
41 108
-
national
23 584
23 584
23 584
-
pensions
274
274
274
-
labour market
15 422
15 422
15 422
-
total
80 388
80 388
80 388
-
Employer
193 047
193 047
193 047
-
labour market
15 444
15 444
15 444
-
pensions
549
549
549
-
municipal
41 174
41 174
41 174
-
national
23 625
23 625
23 625
-
total
80 792
80 792
80 792
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
161 180
161 180
161 180
47 696
After tax
-39 680
-39 680
-39 680
73 804
Living cost
45 737
45 737
45 737
45 737
Free-cash
-85 417
-85 417
-85 417
28 067

Estimated living cost  is ₽45737 per week

₽31303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62308
-₽11084
₽6630
₽43366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 017
health
-
-
-
2 105
other
-
-
-
358
accident
-
-
-
244
income
-
-
-
31 543
total
-
-
-
38 267
Employee
32 916
-
106 477
-
pensions
3 707
-
7 365
-
income
4 516
-
22 630
-
health
3 769
-
12 191
-
total
11 992
-
42 186
-
Employer
32 916
-
106 477
-
pensions
5 352
-
10 636
-
unemployment
807
-
2 609
-
accident
550
-
1 778
-
total
6 709
-
15 023
-
Corporate
81 875
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.

73 688
109 350
-
-
total
73 688
109 350
-
-
Dividends
8 188
12 150
-
-
withholding
1 556
2 309
-
-
total
1 556
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
93 945
111 659
57 209
38 267
After tax
27 555
9 841
64 291
83 233
Living cost
20 925
20 925
20 925
20 925
Free-cash
6 630
-11 084
43 366
62 308

Estimated living cost  is ₽20925 per week

₽15231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46807
₽42253
₽42591
₽30149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
21 605
health
-
-
-
1 475
national
-
-
-
15 099
total
-
-
-
38 179
Employee
50 037
-
102 212
-
municipal
8 196
-
16 669
-
national
827
-
9 271
-
pensions
3 377
-
6 900
-
unemployment
751
-
1 532
-
health
374
-
1 177
-
total
13 525
-
35 549
-
Employer
50 037
-
102 212
-
pensions
8 681
-
17 734
-
unemployment
325
-
664
-
accident
51
-
103
-
health
384
-
787
-
total
9 441
-
19 288
-
Corporate
62 022
121 500
-
-
income
12 404
24 300
-
-
total
12 404
24 300
-
-
Dividends

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

37 213
72 900
-
-
municipal
6 698
13 123
-
-
national
327
5 310
-
-
total
7 025
18 433
-
-
Income
121 500
121 500
121 500
121 500
Total tax
42 395
42 733
54 837
38 179
After tax
79 105
78 767
66 663
83 321
Living cost
36 514
36 514
36 514
36 514
Free-cash
42 591
42 253
30 149
46 807

Estimated living cost  is ₽36514 per week

₽23851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63066
₽66763
₽61590
₽61781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 099
social contributions
-
-
-
15 388
income
-
-
-
17 927
total
-
-
-
36 414
Employee
73 132
73 132
111 256
-
social contributions
2 765
6 070
8 187
-
income
7 963
6 770
17 377
-
health
567
1 244
1 891
-
total
11 295
14 084
27 455
-
Employer
73 132
73 132
111 256
-
social contributions
2 765
6 070
8 187
-
health
615
1 354
2 057
-
total
3 380
7 424
10 244
-
Corporate
84 806
40 945
-
-
income
10 601
5 118
-
-
total
10 601
5 118
-
-
Dividends
74 204
35 827
-
-
withholding
12 614
6 091
-
-
total
12 614
6 091
-
-
Income
121 500
121 500
121 500
121 500
Total tax
37 890
32 717
37 699
36 414
After tax
83 610
88 783
83 801
85 086
Living cost
22 020
22 020
22 020
22 020
Free-cash
61 590
66 763
61 781
63 066

Estimated living cost  is ₽22020 per week

₽13197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84899
₽85513
₽80677
₽65826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 050
health
-
-
-
3 442
unemployment
-
-
-
27
income
-
-
-
11 982
total
-
-
-
21 501
Employee

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

21 830
-
112 205
-
pensions
3 274
-
13 536
-
unemployment
108
-
451
-
income
1 493
-
9 623
-
health
1 855
-
7 670
-
total
6 730
-
31 280
-
Employer

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

21 830
-
112 205
-
pensions
1 200
-
4 963
-
unemployment
108
-
451
-
health
938
-
3 880
-
total
2 246
-
9 294
-
Corporate
97 423
121 500
-
-
income
8 768
10 935
-
-
total
8 768
10 935
-
-
Dividends
88 655
110 565
-
-
withholding
7 979
9 952
-
-
total
7 979
9 952
-
-
Income
121 500
121 500
121 500
121 500
Total tax
25 723
20 887
40 574
21 501
After tax
95 777
100 613
80 926
99 999
Living cost
15 100
15 100
15 100
15 100
Free-cash
80 677
85 513
65 826
84 899

Estimated living cost  is ₽15100 per week

₽9634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41490
₽55390
₽50660
₽36919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 946
other
-
-
-
88
unemployment
-
-
-
617
accident
-
-
-
794
income
-
-
-
27 412
total
-
-
-
53 857
Employee
35 166
-
93 397
-
pensions
1 653
-
4 144
-
other
34
-
88
-
unemployment
545
-
1 366
-
income
6 780
-
24 727
-
total
9 012
-
30 325
-
Employer
35 166
-
93 397
-
pensions
8 299
-
20 804
-
other
282
-
706
-
unemployment
1 935
-
4 848
-
accident
697
-
1 745
-
total
11 213
-
28 103
-
Corporate
75 122
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.

11 269
18 225
-
-
total
11 269
18 225
-
-
Dividends
63 853
103 275
-
-
withholding
13 193
21 732
-
-
total
13 193
21 732
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 687
39 957
58 428
53 857
After tax
76 813
81 543
63 072
67 643
Living cost
26 153
26 153
26 153
26 153
Free-cash
50 660
55 390
36 919
41 490

Estimated living cost  is ₽26153 per week

₽17653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76033
₽73962
₽73659
₽75901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 352
health
-
-
-
980
income
-
-
-
41 281
total
-
-
-
43 613
Employee
2 823
-
119 979
-
pensions
254
-
608
-
unemployment
28
-
68
-
income
546
-
41 210
-
health
141
-
338
-
total
969
-
42 224
-
Employer
2 823
-
119 979
-
pensions
311
-
744
-
unemployment
56
-
135
-
health
268
-
642
-
total
635
-
1 521
-
Corporate
118 041
121 500
-
-
income
25 969
26 730
-
-
total
25 969
26 730
-
-
Dividends
92 072
94 770
-
-
withholding
18 414
18 954
-
-
total
18 414
18 954
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 987
45 684
43 745
43 613
After tax
75 513
75 816
77 755
77 887
Living cost
1 854
1 854
1 854
1 854
Free-cash
73 659
73 962
75 901
76 033

Estimated living cost  is ₽1854 per week

₽1102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52106
₽71347
₽66671
₽52105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 263
health
-
-
-
7 235
unemployment
-
-
-
1 054
income
-
-
-
26 405
total
-
-
-
52 957
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.

24 786
-
108 927
-
pensions
3 470
-
9 834
-
unemployment
186
-
527
-
income
3 417
-
26 405
-
health
1 276
-
3 618
-
total
8 349
-
40 384
-
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.

24 786
-
108 927
-
pensions
2 974
-
8 429
-
unemployment
186
-
527
-
health
1 276
-
3 618
-
total
4 436
-
12 574
-
Corporate
92 277
121 500
-
-
income
13 842
18 225
-
-
total
13 842
18 225
-
-
Dividends
78 435
103 275
-
-
withholding
11 765
15 491
-
-
total
11 765
15 491
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 392
33 716
52 958
52 957
After tax
83 108
87 784
68 542
68 543
Living cost
16 437
16 437
16 437
16 437
Free-cash
66 671
71 347
52 105
52 106

Estimated living cost  is ₽16437 per week

₽11067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40972
₽43470
₽43127
₽33171
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
42 222
income
-
-
-
12 666
total
-
-
-
54 888
Employee
36 913
-
98 182
-
social contributions
4 061
-
10 800
-
surtax
-
-
-
-
income
7 212
-
28 571
-
total
11 273
-
39 371
-
Employer
36 913
-
98 182
-
social contributions
8 766
-
23 318
-
total
8 766
-
23 318
-
Corporate
75 821
121 500
-
-
income
15 922
25 515
-
-
surtax
-
-
-
-
total
15 922
25 515
-
-
Dividends
59 899
95 985
-
-
withholding
16 772
26 875
-
-
total
16 772
26 875
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 733
52 390
62 689
54 888
After tax
68 767
69 110
58 811
66 612
Living cost
25 640
25 640
25 640
25 640
Free-cash
43 127
43 470
33 171
40 972

Estimated living cost  is ₽25640 per week

₽18160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34219
₽48119
₽41126
₽29648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 946
other
-
-
-
88
unemployment
-
-
-
617
accident
-
-
-
794
income
-
-
-
27 412
total
-
-
-
53 857
Employee
45 932
-
93 397
-
pensions
2 159
-
4 144
-
other
45
-
88
-
unemployment
711
-
1 366
-
income
9 593
-
24 727
-
total
12 508
-
30 325
-
Employer
45 932
-
93 397
-
pensions
10 840
-
20 804
-
other
368
-
706
-
unemployment
2 527
-
4 848
-
accident
910
-
1 745
-
total
14 645
-
28 103
-
Corporate
60 924
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.

9 138
18 225
-
-
total
9 138
18 225
-
-
Dividends
51 786
103 275
-
-
withholding
10 659
21 732
-
-
total
10 659
21 732
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 950
39 957
58 428
53 857
After tax
74 550
81 543
63 072
67 643
Living cost
33 424
33 424
33 424
33 424
Free-cash
41 126
48 119
29 648
34 219

Estimated living cost  is ₽33424 per week

₽24004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78045
₽87522
₽81727
₽82315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 917
health
-
-
-
3 820
unemployment
-
-
-
133
income
-
-
-
18 225
total
-
-
-
27 095
Employee
21 664
-
114 982
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 902
-
2 917
-
income
2 167
-
11 498
-
health
997
-
1 528
-
total
5 304
-
16 308
-
Employer
21 664
-
114 982
-
pensions

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

2 387
-
3 661
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
health
1 495
-
2 292
-
total
4 250
-
6 517
-
Corporate
95 586
121 500
-
-
income
9 558
12 150
-
-
total
9 558
12 150
-
-
Dividends
86 027
109 350
-
-
withholding
4 301
5 468
-
-
total
4 301
5 468
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 413
17 618
22 825
27 095
After tax
98 087
103 882
98 675
94 405
Living cost
16 361
16 361
16 361
16 361
Free-cash
81 727
87 522
82 315
78 045

Estimated living cost  is ₽16361 per week

₽10821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32955
₽25888
₽38329
₽44046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 091
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.

-
-
-
6 497
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.

-
-
-
1 785
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.

-
-
-
32 454
total
-
-
-
51 827
Employee

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

47 321
-
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.

215
-
1 785
-
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.

3 891
-
32 454
-
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.

6 497
-
6 497
-
total
10 603
-
40 736
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 179
121 500
-
-
trade
10 645
17 434
-
-
income
11 127
18 225
-
-
chamber of commerce
253
323
-
-
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
1 002
-
-
total
22 637
36 984
-
-
Dividends
51 543
84 516
-
-
withholding
12 524
20 768
-
-
surtax

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

689
1 142
-
-
total
13 213
21 910
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 453
58 894
40 736
51 827
After tax
75 047
62 606
80 764
69 673
Living cost
36 718
36 718
36 718
36 718
Free-cash
38 329
25 888
44 046
32 955

Estimated living cost  is ₽36718 per week

₽25329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23083
₽30875
₽32973
₽23083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 361
income
-
-
-
32 880
total
-
-
-
44 241
Employee
74 394
-
121 500
-
social contributions
6 181
-
11 361
-
income
14 038
-
32 880
-
total
20 219
-
44 241
-
Employer
74 394
-
121 500
-
total
-
-
-
-
Corporate
47 106
121 500
-
-
income
5 889
15 187
-
-
total
5 889
15 187
-
-
Dividends
41 217
106 313
-
-
withholding
8 243
21 262
-
-
total
8 243
21 262
-
-
Income
121 500
121 500
121 500
121 500
Total tax
34 351
36 449
44 241
44 241
After tax
87 149
85 051
77 259
77 259
Living cost
54 176
54 176
54 176
54 176
Free-cash
32 973
30 875
23 083
23 083

Estimated living cost  is ₽54176 per week

₽41216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54064
₽39426
₽42749
₽54673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 840
income
-
-
-
27 072
total
-
-
-
32 912
Employee
43 629
-
117 125
-
social contributions
4 371
-
4 375
-
income
4 734
-
23 553
-
total
9 105
-
27 928
-
Employer
43 629
-
117 125
-
social contributions
4 371
-
4 375
-
total
4 371
-
4 375
-
Corporate
73 500
121 500
-
-
income
25 726
42 525
-
-
total
25 726
42 525
-
-
Dividends
47 774
78 975
-
-
social contributions
5 025
5 025
-
-
total
5 025
5 025
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 227
47 550
32 303
32 912
After tax
77 273
73 950
89 197
88 588
Living cost
34 524
34 524
34 524
34 524
Free-cash
42 749
39 426
54 673
54 064

Estimated living cost  is ₽34524 per week

₽22741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48872
₽49298
₽50648
₽37625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 597
income
-
-
-
29 970
total
-
-
-
37 567
Employee
48 126
-
106 551
-
pensions
3 673
-
9 671
-
income
8 764
-
22 474
-
health
628
-
1 720
-
total
13 065
-
33 865
-
Employer
48 126
-
106 551
-
pensions
4 862
-
12 924
-
health
915
-
2 025
-
total
5 777
-
14 949
-
Corporate
67 597
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.

12 843
23 085
-
-
total
12 843
23 085
-
-
Dividends
54 754
98 415
-
-
withholding
4 106
14 056
-
-
total
4 106
14 056
-
-
Income
121 500
121 500
121 500
121 500
Total tax
35 791
37 141
48 814
37 567
After tax
85 709
84 359
72 686
83 933
Living cost
35 061
35 061
35 061
35 061
Free-cash
50 648
49 298
37 625
48 872

Estimated living cost  is ₽35061 per week

₽24052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
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.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60236
-₽13156
₽6314
₽41294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 017
health
-
-
-
2 105
other
-
-
-
358
accident
-
-
-
244
income
-
-
-
31 543
total
-
-
-
38 267
Employee
36 175
-
106 477
-
pensions
4 073
-
7 365
-
income
4 963
-
22 630
-
health
4 142
-
12 191
-
total
13 178
-
42 186
-
Employer
36 175
-
106 477
-
pensions
5 882
-
10 636
-
unemployment
886
-
2 609
-
accident
604
-
1 778
-
total
7 372
-
15 023
-
Corporate
77 953
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.

70 158
109 350
-
-
total
70 158
109 350
-
-
Dividends
7 795
12 150
-
-
withholding
1 481
2 309
-
-
total
1 481
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
92 189
111 659
57 209
38 267
After tax
29 311
9 841
64 291
83 233
Living cost
22 997
22 997
22 997
22 997
Free-cash
6 314
-13 156
41 294
60 236

Estimated living cost  is ₽22997 per week

₽16877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
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.
₽4316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55919
₽89413
₽84969
₽68446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
22 356
health insurance
-
-
-
8 991
work injury
-
-
-
607
unemployment
-
-
-
1 458
income
-
-
-
19 340
total
-
-
-
52 752
Employee

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

20 527
-
121 500
-
pensions
3 777
-
13 974
-
health insurance
1 519
-
5 620
-
unemployment
246
-
911
-
income
2 053
-
19 340
-
work injury
103
-
380
-
total
7 698
-
40 225
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 973
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
99 963
120 285
-
-
withholding
14 994
18 043
-
-
total
14 994
18 043
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 702
19 258
40 225
52 752
After tax
97 798
102 242
81 275
68 748
Living cost
12 829
12 829
12 829
12 829
Free-cash
84 969
89 413
68 446
55 919

Estimated living cost  is ₽12829 per week

₽7948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽21227
₽26109
₽21784
₽15669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
812
regional
-
-
-
2 670
social contributions
-
-
-
31 250
national
-
-
-
27 653
total
-
-
-
62 385
Employee
80 142
-
121 500
-
social contributions
27 023
-
40 969
-
municipal
478
-
726
-
regional
1 210
-
2 287
-
national
13 543
-
23 961
-
total
42 254
-
67 943
-
Employer
80 142
-
121 500
-
total
-
-
-
-
Corporate
41 358
121 500
-
-
nationa
9 926
29 160
-
-
municipal
1 994
5 857
-
-
total
11 920
35 017
-
-
Dividends
29 437
86 483
-
-
withholding
7 654
22 486
-
-
total
7 654
22 486
-
-
Income
121 500
121 500
121 500
121 500
Total tax
61 828
57 503
67 943
62 385
After tax
59 672
63 997
53 557
59 115
Living cost
37 888
37 888
37 888
37 888
Free-cash
21 784
26 109
15 669
21 227

Estimated living cost  is ₽37888 per week

₽26614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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