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
₽30807
₽41970
₽39254
₽50999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 745
income

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

-
-
-
31 318
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 894
surtax

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

-
-
-
1 722
total
-
-
-
51 679
Employee

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

38 599
-
121 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

59
-
1 722
-
income

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

1 078
-
31 318
-
total
8 031
-
39 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 901
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.

684
1 002
-
-
income
12 435
18 224
-
-
trade
13 057
19 136
-
-
chamber of commerce
272
327
-
-
total
26 448
38 689
-
-
Dividends
56 453
82 811
-
-
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.

755
1 118
-
-
withholding
13 729
20 319
-
-
total
14 484
21 437
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 963
60 126
39 934
51 679
After tax
72 537
61 374
81 566
69 821
Living cost
30 567
30 567
30 567
30 567
Free-cash
41 970
30 807
50 999
39 254

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽24822
₽23974
₽21690
₽22644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 916
pensions
-
-
-
14 580
national
-
-
-
20 014
social contributions
-
-
-
1 306
total
-
-
-
48 816
Employee
79 050
-
105 036
-
municipal
9 764
-
13 386
-
pensions
3 162
-
4 201
-
national
15 130
-
20 743
-
total
28 056
-
38 330
-
Employer
79 050
-
105 036
-
social contributions
850
-
1 129
-
pensions
6 324
-
8 403
-
total
7 174
-
9 532
-
Corporate
30 059
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%.

6 012
24 300
-
-
total
6 012
24 300
-
-
Dividends
24 047
97 200
-
-
withholding
5 290
21 384
-
-
total
5 290
21 384
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 532
45 684
47 862
48 816
After tax
74 968
75 816
73 638
72 684
Living cost
50 994
50 994
50 994
50 994
Free-cash
23 974
24 822
22 644
21 690

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽76204
₽67928
₽12954
₽47253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
17 902
surtax
-
-
-
30 983
social contributions

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

-
-
-
38 666
total
-
-
-
87 551
Employee
29 489
-
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.

3 244
-
10 771
-
surtax
-
-
-
-
income
5 249
-
18 894
-
total
8 493
-
29 665
-
Employer
29 489
-
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.

7 103
-
23 587
-
surtax
-
-
-
-
total
7 103
-
23 587
-
Corporate
84 908
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%.

16 981
24 301
-
-
total
16 981
24 301
-
-
Dividends

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

67 927
97 199
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
32 577
24 301
53 252
87 551
After tax
88 923
97 199
68 248
33 949
Living cost
20 995
20 995
20 995
20 995
Free-cash
67 928
76 204
47 253
12 954

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽17040
₽10858
₽27394
₽22956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
27 562
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
51 830
Employee
86 180
86 180
103 395
-
health
13 228
11 251
12 232
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
38 162
-
Employer
86 180
86 180
103 395
-
unemployment
3 102
3 102
3 723
-
pensions
5 998
5 998
7 197
-
health
5 990
5 990
7 186
-
total
15 090
15 090
18 106
-
Corporate
21 286
20 229
-
-
income
4 257
4 047
-
-
total
4 257
4 047
-
-
Dividends
17 029
16 182
-
-
income
3 618
3 440
-
-
withholding
2 555
2 426
-
-
total
6 173
5 866
-
-
Income
121 500
121 500
121 500
121 500
Total tax
68 366
62 184
56 268
51 830
After tax
53 134
59 316
65 232
69 670
Living cost
42 276
42 276
42 276
42 276
Free-cash
10 858
17 040
22 956
27 394

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽27347
₽26472
₽25691
₽24639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 849
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
3 211
total
-
-
-
56 817
Employee
55 560
-
94 650
-
municipal
16 568
-
28 225
-
national
-
-
2 793
-
total
16 568
-
31 018
-
Employer
55 560
-
94 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
48 483
121 500
-
-
income
10 666
26 730
-
-
total
10 666
26 730
-
-
Dividends
37 817
94 770
-
-
withholding
11 345
28 431
-
-
total
11 345
28 431
-
-
Income
121 500
121 500
121 500
121 500
Total tax
56 036
55 161
57 869
56 817
After tax
65 464
66 339
63 631
64 683
Living cost
38 992
38 992
38 992
38 992
Free-cash
26 472
27 347
24 639
25 691

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽21105
₽35285
₽29653
₽41921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 268
income

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

-
-
-
31 318
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 894
surtax

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

-
-
-
1 722
total
-
-
-
52 202
Employee

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

51 178
-
121 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

241
-
1 722
-
income

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

4 397
-
31 318
-
total
11 532
-
39 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 322
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.

580
1 002
-
-
income
10 548
18 224
-
-
trade
11 567
19 986
-
-
chamber of commerce
253
326
-
-
total
22 948
39 538
-
-
Dividends
47 373
81 962
-
-
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.

630
1 105
-
-
withholding
11 460
20 107
-
-
total
12 090
21 212
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 570
60 750
39 934
52 202
After tax
74 930
60 750
81 566
69 298
Living cost
39 645
39 645
39 645
39 645
Free-cash
35 285
21 105
41 921
29 653

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽56085
₽51900
₽52487
₽51173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
16 853
health
-
-
-
3 099
social contributions
-
-
-
16 328
total
-
-
-
36 280
Employee
77 601
77 601
110 764
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
1 883
-
income
8 149
7 184
16 288
-
total
12 692
14 945
26 858
-
Employer
77 601
77 601
110 764
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 049
-
total
4 612
7 877
10 736
-
Corporate
71 464
36 022
-
-
income
8 932
4 502
-
-
total
8 932
4 502
-
-
Dividends
62 532
31 519
-
-
withholding
10 631
5 358
-
-
total
10 631
5 358
-
-
Income
121 500
121 500
121 500
121 500
Total tax
36 867
32 682
37 594
36 280
After tax
84 633
88 818
83 906
85 220
Living cost
32 733
32 733
32 733
32 733
Free-cash
51 900
56 085
51 173
52 487

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽50035
₽50417
₽65834
₽52099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
101 674
-
health
1 853
737
7 117
-
income
3 236
1 288
12 430
-
pensions
2 647
1 053
10 167
-
unemployment
397
158
1 525
-
total
8 133
3 236
31 239
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
101 674
-
pensions
5 161
2 054
19 826
-
total
5 161
2 054
19 826
-
Corporate
89 870
108 912
-
-
income
8 088
9 802
-
-
total
8 088
9 802
-
-
Dividends
81 782
99 110
-
-
social contributions
15 827
19 206
-
-
withholding
15 538
18 831
-
-
total
31 365
38 037
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 747
53 129
51 065
37 330
After tax
68 753
68 371
70 435
84 170
Living cost
18 336
18 336
18 336
18 336
Free-cash
50 417
50 035
52 099
65 834

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽72824
₽66555
₽40748
₽45653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
16 280
pensions
-
-
-
24 301
health
-
-
-
15 796
total
-
-
-
56 377
Employee
28 629
-
90 806
-
income
3 223
-
17 508
-
pensions
573
-
1 816
-
unemployment
458
-
1 454
-
total
4 254
-
20 778
-
Employer
28 629
-
90 806
-
unemployment
230
-
726
-
pensions
5 726
-
18 163
-
health
3 721
-
11 805
-
total
9 677
-
30 694
-
Corporate
83 194
121 500
-
-
income
16 639
24 301
-
-
total
16 639
24 301
-
-
Dividends
66 555
97 199
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
30 570
24 301
51 472
56 377
After tax
90 930
97 199
70 028
65 123
Living cost
24 375
24 375
24 375
24 375
Free-cash
66 555
72 824
45 653
40 748

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽12231
₽6456
₽61185
₽41984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
253
income
-
-
-
31 256
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
38 243
Employee
34 721
-
106 076
-
health
3 975
-
12 146
-
income
4 763
-
22 220
-
pensions
3 910
-
7 654
-
total
12 648
-
42 020
-
Employer
34 721
-
106 076
-
accident
580
-
1 772
-
unemployment
851
-
2 599
-
pensions
5 646
-
11 053
-
total
7 077
-
15 424
-
Corporate
79 703
121 500
-
-
income

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

71 733
109 350
-
-
total
71 733
109 350
-
-
Dividends
7 970
12 150
-
-
withholding
1 514
2 309
-
-
total
1 514
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
92 972
111 659
57 444
38 243
After tax
28 528
9 841
64 056
83 257
Living cost
22 072
22 072
22 072
22 072
Free-cash
6 456
-12 231
41 984
61 185

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽106345
₽104643
₽111205
₽88120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
121 500
-
income
2 270
-
24 300
-
total
2 270
-
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%.

110 151
121 500
-
-
total
-
-
-
-
Dividends
110 151
121 500
-
-
withholding
5 507
6 075
-
-
total
5 507
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
7 777
6 075
24 300
1 215
After tax
113 723
115 425
97 200
120 285
Living cost
9 080
9 080
9 080
9 080
Free-cash
104 643
106 345
88 120
111 205

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽62376
₽55560
₽38296
₽43321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
16 035
pensions

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

-
-
-
29 161
other
-
-
-
5 772
health
-
-
-
5 345
total
-
-
-
56 313
Employee
36 642
-
97 046
-
health
513
-
1 358
-
income
6 308
-
17 711
-
pensions

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

2 564
-
6 793
-
unemployment
366
-
971
-
total
9 751
-
26 833
-
Employer
36 642
-
97 046
-
accident
293
-
776
-
other
1 833
-
4 853
-
unemployment
366
-
971
-
pensions

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

6 230
-
16 497
-
health
513
-
1 358
-
total
9 235
-
24 455
-
Corporate
75 623
121 500
-
-
income
15 880
25 515
-
-
total
15 880
25 515
-
-
Dividends
59 743
95 985
-
-
withholding
4 183
6 718
-
-
total
4 183
6 718
-
-
Income
121 500
121 500
121 500
121 500
Total tax
39 049
32 233
51 288
56 313
After tax
82 451
89 267
70 212
65 187
Living cost
26 891
26 891
26 891
26 891
Free-cash
55 560
62 376
43 321
38 296

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽17940
₽9397
₽17117
₽5804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
28 683
pensions
-
-
-
7 974
total
-
-
-
36 657
Employee
95 822
-
106 662
-
health
1 579
-
1 767
-
income
17 273
-
21 142
-
pensions
9 244
-
10 224
-
total
28 096
-
33 133
-
Employer
95 822
-
106 662
-
pensions
11 314
-
12 810
-
health
1 820
-
2 027
-
total
13 134
-
14 837
-
Corporate
12 544
121 500
-
-
income

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

2 384
23 085
-
-
total
2 384
23 085
-
-
Dividends
10 160
98 415
-
-
withholding
763
12 749
-
-
total
763
12 749
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 377
35 834
47 970
36 657
After tax
77 123
85 666
73 530
84 843
Living cost
67 726
67 726
67 726
67 726
Free-cash
9 397
17 940
5 804
17 117

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽90644
₽85953
₽80619
₽84775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
18 225
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
27 642
Employee
17 531
-
114 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
11 458
-
pensions

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

1 539
-
3 097
-
total
4 291
-
16 565
-
Employer
17 531
-
114 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
100 529
121 500
-
-
income
10 053
12 150
-
-
total
10 053
12 150
-
-
Dividends
90 476
109 350
-
-
withholding
4 524
5 467
-
-
total
4 524
5 467
-
-
Income
121 500
121 500
121 500
121 500
Total tax
22 308
17 617
23 486
27 642
After tax
99 192
103 883
98 014
93 858
Living cost
13 239
13 239
13 239
13 239
Free-cash
85 953
90 644
84 775
80 619

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽3355
₽5890
₽13709
₽9271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
27 562
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
51 830
Employee
93 564
86 180
103 395
-
health
11 673
11 251
12 232
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
38 162
-
Employer
93 564
86 180
103 395
-
unemployment
3 369
3 102
3 723
-
pensions
6 511
5 998
7 197
-
health
6 502
5 990
7 186
-
total
16 382
15 090
18 106
-
Corporate
11 554
20 229
-
-
income
2 312
4 047
-
-
total
2 312
4 047
-
-
Dividends
9 243
16 182
-
-
income
1 965
3 440
-
-
withholding
1 387
2 426
-
-
total
3 352
5 866
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 649
62 184
56 268
51 830
After tax
61 851
59 316
65 232
69 670
Living cost
55 961
55 961
55 961
55 961
Free-cash
5 890
3 355
9 271
13 709

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽59482
₽50860
₽35599
₽37485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
10 547
health
-
-
-
16 402
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
61 730
Employee
35 546
-
90 672
-
social contributions
2 310
-
5 894
-
health
4 799
-
12 241
-
solidarity contribution
-
-
-
-
income
4 265
-
10 881
-
total
11 374
-
29 016
-
Employer
35 546
-
90 672
-
social contributions
8 886
-
22 668
-
health
3 199
-
8 160
-
total
12 085
-
30 828
-
Corporate
73 869
121 500
-
-
income
14 035
23 085
-
-
total
14 035
23 085
-
-
Dividends
59 834
98 415
-
-
withholding
8 975
14 762
-
-
total
8 975
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 469
37 847
59 844
61 730
After tax
75 031
83 653
61 656
59 770
Living cost
24 171
24 171
24 171
24 171
Free-cash
50 860
59 482
37 485
35 599

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽22242
₽16972
₽18320
₽12539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 377
national
-
-
-
27 248
social contributions
-
-
-
31 249
total
-
-
-
60 596
Employee
89 690
-
121 500
-
social contributions
30 243
-
40 970
-
regional
846
-
1 210
-
municipal
475
-
643
-
national
15 541
-
23 554
-
total
47 105
-
66 377
-
Employer
89 690
-
121 500
-
total
-
-
-
-
Corporate
31 810
121 500
-
-
nationa
7 634
29 160
-
-
municipal
1 241
4 738
-
-
total
8 875
33 898
-
-
Dividends
22 935
87 602
-
-
withholding
5 964
22 776
-
-
total
5 964
22 776
-
-
Income
121 500
121 500
121 500
121 500
Total tax
61 944
56 674
66 377
60 596
After tax
59 556
64 826
55 123
60 904
Living cost
42 584
42 584
42 584
42 584
Free-cash
16 972
22 242
12 539
18 320

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽54155
₽51013
₽37072
₽35071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
25 582
pensions
-
-
-
24 301
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 626
surtax
-
-
-
3 420
total
-
-
-
62 159
Employee
33 373
-
100 372
-
other
-
-
-
-
health
852
-
2 561
-
surtax
109
-
3 104
-
income
5 594
-
23 686
-
pensions
2 225
-
6 695
-
unemployment
2 323
-
6 986
-
total
11 103
-
43 032
-
Employer
33 373
-
100 372
-
other
-
-
-
-
unemployment
1 057
-
3 181
-
pensions
4 449
-
13 379
-
health
1 519
-
4 568
-
total
7 025
-
21 128
-
Corporate
81 102
121 500
-
-
income
21 087
31 590
-
-
total
21 087
31 590
-
-
Dividends
60 015
89 910
-
-
withholding
9 003
13 486
-
-
total
9 003
13 486
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 218
45 076
64 160
62 159
After tax
73 282
76 424
57 340
59 341
Living cost
22 269
22 269
22 269
22 269
Free-cash
51 013
54 155
35 071
37 072

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽39397
₽36795
₽38574
₽27261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
28 683
pensions
-
-
-
7 974
total
-
-
-
36 657
Employee
64 218
-
106 662
-
health
932
-
1 767
-
income
11 566
-
21 142
-
pensions
5 451
-
10 224
-
total
17 949
-
33 133
-
Employer
64 218
-
106 662
-
pensions
6 952
-
12 810
-
health
1 220
-
2 027
-
total
8 172
-
14 837
-
Corporate
49 111
121 500
-
-
income

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

9 331
23 085
-
-
total
9 331
23 085
-
-
Dividends
39 780
98 415
-
-
withholding
2 984
12 749
-
-
total
2 984
12 749
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 436
35 834
47 970
36 657
After tax
83 064
85 666
73 530
84 843
Living cost
46 269
46 269
46 269
46 269
Free-cash
36 795
39 397
27 261
38 574

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽20716
₽11917
₽24172
₽18143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 281
pensions
-
-
-
11 178
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.

-
-
-
2 429
regional
-
-
-
4 766
health
-
-
-
274
national
-
-
-
1 126
total
-
-
-
21 054
Employee
89 260
-
108 747
-
city
958
-
1 168
-
regional
2 923
-
4 104
-
health
202
-
245
-
pensions
7 499
-
9 135
-
unemployment
-
-
-
-
national
422
-
877
-
total
12 004
-
15 529
-
Employer
89 260
-
108 747
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 785
-
2 174
-
unemployment
-
-
-
-
pensions
7 499
-
9 135
-
health
202
-
245
-
total
9 486
-
11 554
-
Corporate
21 773
121 500
-
-
regional
4 606
25 698
-
-
national
1 851
10 328
-
-
total
6 457
36 026
-
-
Dividends
15 317
85 474
-
-
withholding
5 362
29 916
-
-
total
5 362
29 916
-
-
Income
121 500
121 500
121 500
121 500
Total tax
33 309
65 942
27 083
21 054
After tax
88 191
55 558
94 417
100 446
Living cost
76 274
76 274
76 274
76 274
Free-cash
11 917
-20 716
18 143
24 172

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽13895
₽30257
₽22544
₽35335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 791
income

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

-
-
-
31 318
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 894
surtax

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

-
-
-
1 722
total
-
-
-
52 725
Employee

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

60 650
-
121 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

393
-
1 722
-
income

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

7 132
-
31 318
-
total
14 419
-
39 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 850
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.

502
1 002
-
-
income
9 127
18 224
-
-
trade
10 435
20 836
-
-
chamber of commerce
239
324
-
-
total
20 303
40 386
-
-
Dividends
40 546
81 114
-
-
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.

536
1 094
-
-
withholding
9 754
19 894
-
-
total
10 290
20 988
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 012
61 374
39 934
52 725
After tax
76 488
60 126
81 566
68 775
Living cost
46 231
46 231
46 231
46 231
Free-cash
30 257
13 895
35 335
22 544

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽26710
₽32671
₽34852
₽38497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
14 483
pensions
-
-
-
27 028
other
-
-
-
3 767
health
-
-
-
3 380
surtax
-
-
-
-
social contributions
-
-
-
3 463
total
-
-
-
52 121
Employee
43 191
-
97 190
-
social contributions
1 231
-
2 769
-
surtax
-
-
-
-
income
2 549
-
15 993
-
pensions
4 884
-
5 403
-
total
8 664
-
24 165
-
Employer
43 191
-
97 190
-
other
1 490
-
3 353
-
social contributions
130
-
291
-
unemployment
1 748
-
3 936
-
pensions
7 095
-
9 341
-
health
3 024
-
7 390
-
total
13 487
-
24 311
-
Corporate
64 820
121 500
-
-
surtax
-
-
-
-
income
18 150
34 020
-
-
total
18 150
34 020
-
-
Dividends
46 671
87 480
-
-
surtax
-
-
-
-
social contributions
8 028
15 045
-
-
withholding
5 973
11 198
-
-
total
14 001
26 243
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 302
60 263
48 476
52 121
After tax
67 198
61 237
73 024
69 379
Living cost
34 527
34 527
34 527
34 527
Free-cash
32 671
26 710
38 497
34 852

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽30130
₽35738
₽38272
₽41917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
14 483
pensions
-
-
-
27 028
other
-
-
-
3 767
health
-
-
-
3 380
surtax
-
-
-
-
social contributions
-
-
-
3 463
total
-
-
-
52 121
Employee
38 554
-
97 190
-
social contributions
1 099
-
2 769
-
surtax
-
-
-
-
income
1 988
-
15 993
-
pensions
4 361
-
5 403
-
total
7 448
-
24 165
-
Employer
38 554
-
97 190
-
other
1 331
-
3 353
-
social contributions
115
-
291
-
unemployment
1 561
-
3 936
-
pensions
6 335
-
9 341
-
health
2 698
-
7 390
-
total
12 040
-
24 311
-
Corporate
70 905
121 500
-
-
surtax
-
-
-
-
income
19 854
34 020
-
-
total
19 854
34 020
-
-
Dividends
51 051
87 480
-
-
surtax
-
-
-
-
social contributions
8 779
15 045
-
-
withholding
6 534
11 198
-
-
total
15 313
26 243
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 655
60 263
48 476
52 121
After tax
66 845
61 237
73 024
69 379
Living cost
31 107
31 107
31 107
31 107
Free-cash
35 738
30 130
41 917
38 272

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽52726
₽53249
₽56630
₽55776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
18 224
health
-
-
-
8 480
social contributions
-
-
-
16 767
total
-
-
-
43 471
Employee
34 217
-
121 500
-
social contributions
4 723
-
16 767
-
health
2 388
-
8 480
-
income
5 707
-
19 078
-
total
12 818
-
44 325
-
Employer
34 217
-
121 500
-
total
-
-
-
-
Corporate
87 283
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%.

4 365
6 075
-
-
total
4 365
6 075
-
-
Dividends
82 918
115 425
-
-
health
5 787
8 057
-
-
social contributions
11 443
15 928
-
-
withholding
12 439
17 315
-
-
total
29 669
41 300
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 852
47 375
44 325
43 471
After tax
74 648
74 125
77 175
78 029
Living cost
21 399
21 399
21 399
21 399
Free-cash
53 249
52 726
55 776
56 630

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽32200
₽30641
₽24820
-₽1342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
486
income
-
-
-
23 416
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
61 120
Employee
50 434
40 217
94 190
-
other
504
402
942
-
health
1 952
1 557
3 644
-
income
5 742
2 967
20 331
-
pensions
5 165
4 117
9 645
-
unemployment
1 513
1 207
2 825
-
total
14 876
10 250
37 387
-
Employer
50 434
40 217
94 190
-
accident
655
523
1 224
-
other
2 396
1 909
4 474
-
chamber of commerce
201
161
377
-
unemployment
1 513
1 207
2 825
-
surtax
199
199
199
-
pensions
6 329
5 048
11 820
-
payroll
1 513
1 207
2 825
-
health
1 906
1 521
3 560
-
total
14 712
11 775
27 304
-
Corporate
56 354
69 509
90 366
-
income

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

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

14 088
17 378
22 591
-
total
14 088
17 378
22 591
-
Dividends
42 266
52 131
-
-
withholding
11 623
14 337
-
-
total
11 623
14 337
-
-
Income
121 500
121 500
121 500
121 500
Total tax
55 299
53 740
87 282
61 120
After tax
66 201
67 760
34 218
60 380
Living cost
35 560
35 560
35 560
35 560
Free-cash
30 641
32 200
-1 342
24 820

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽31271
₽16138
₽18042
₽9123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
41 117
communal

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

-
-
-
6 125
social contributions
-
-
-
19 420
total
-
-
-
66 662
Employee

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

72 187
-
94 108
-
communal

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

3 765
-
4 908
-
health

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

3 392
-
4 422
-
pensions

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

5 414
-
7 057
-
unemployment

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

628
-
820
-
national
22 193
-
30 983
-
total
35 392
-
48 190
-
Employer

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

72 187
-
94 108
-
accident

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

938
-
1 222
-
unemployment

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

1 053
-
1 373
-
surtax
8 185
-
10 671
-
pensions

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

6 396
-
8 338
-
health

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

4 439
-
5 787
-
total
21 011
-
27 391
-
Corporate
28 300
121 500
-
-
surtax
113
486
-
-
income
5 659
24 301
-
-
total
5 772
24 787
-
-
Dividends
22 528
96 713
-
-
withholding

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

6 391
28 646
-
-
total
6 391
28 646
-
-
Income
121 500
121 500
121 500
121 500
Total tax
68 566
53 433
75 581
66 662
After tax
52 934
68 067
45 919
54 838
Living cost
36 796
36 796
36 796
36 796
Free-cash
16 138
31 271
9 123
18 042

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽45222
₽37330
₽30651
₽26143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
843
income
-
-
-
26 340
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
54 403
Employee
50 235
-
92 128
-
other
50
-
92
-
income
10 599
-
23 691
-
pensions
2 361
-
4 330
-
unemployment
779
-
1 429
-
total
13 789
-
29 542
-
Employer
50 235
-
92 128
-
accident
994
-
1 823
-
other
400
-
737
-
unemployment
2 764
-
5 067
-
pensions
11 855
-
21 742
-
total
16 013
-
29 369
-
Corporate
55 253
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.

8 289
18 224
-
-
total
8 289
18 224
-
-
Dividends
46 965
103 276
-
-
withholding
9 633
21 608
-
-
total
9 633
21 608
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 724
39 832
58 911
54 403
After tax
73 776
81 668
62 589
67 097
Living cost
36 446
36 446
36 446
36 446
Free-cash
37 330
45 222
26 143
30 651

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽18703
₽9336
₽11508
₽16369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
1 025
income
-
-
-
13 674
pensions
-
-
-
18 211
health
-
-
-
8 536
surtax
-
-
-
6 023
communal
-
-
-
7 680
total
-
-
-
55 149
Employee
76 425
-
108 529
-
health
3 401
-
4 830
-
surtax
4 684
-
6 651
-
income
7 382
-
17 153
-
pensions
6 113
-
8 683
-
total
21 580
-
37 317
-
Employer
76 425
-
108 529
-
accident
688
-
977
-
pensions
6 113
-
8 683
-
health
2 331
-
3 311
-
total
9 132
-
12 971
-
Corporate
35 944
121 500
-
-
surtax
377
1 275
-
-
communal
2 426
8 201
-
-
income
5 391
18 224
-
-
total
8 194
27 700
-
-
Dividends
27 749
93 800
-
-
income
14 253
6 184
-
-
withholding
4 162
14 070
-
-
total
18 415
20 254
-
-
Income
121 500
121 500
121 500
121 500
Total tax
57 321
47 954
50 288
55 149
After tax
64 179
73 546
71 212
66 351
Living cost
54 843
54 843
54 843
54 843
Free-cash
9 336
18 703
16 369
11 508

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽53757
₽50546
₽36674
₽34673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
25 582
pensions
-
-
-
24 301
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 626
surtax
-
-
-
3 420
total
-
-
-
62 159
Employee
33 986
-
100 372
-
other
-
-
-
-
health
868
-
2 561
-
surtax
121
-
3 104
-
income
5 697
-
23 686
-
pensions
2 267
-
6 695
-
unemployment
2 365
-
6 986
-
total
11 318
-
43 032
-
Employer
33 986
-
100 372
-
other
-
-
-
-
unemployment
1 078
-
3 181
-
pensions
4 531
-
13 379
-
health
1 545
-
4 568
-
total
7 154
-
21 128
-
Corporate
80 359
121 500
-
-
income
20 894
31 590
-
-
total
20 894
31 590
-
-
Dividends
59 466
89 910
-
-
withholding
8 921
13 486
-
-
total
8 921
13 486
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 287
45 076
64 160
62 159
After tax
73 213
76 424
57 340
59 341
Living cost
22 667
22 667
22 667
22 667
Free-cash
50 546
53 757
34 673
36 674

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽36678
₽34437
₽33264
₽27514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 832
national
-
-
-
27 248
social contributions
-
-
-
31 249
total
-
-
-
61 051
Employee
55 981
-
121 500
-
social contributions
18 877
-
40 970
-
regional
754
-
1 634
-
municipal
297
-
643
-
national
8 869
-
23 554
-
total
28 797
-
66 801
-
Employer
55 981
-
121 500
-
total
-
-
-
-
Corporate
65 519
121 500
-
-
nationa
15 725
29 160
-
-
municipal
3 256
6 038
-
-
total
18 981
35 198
-
-
Dividends
46 538
86 302
-
-
withholding
12 100
22 439
-
-
total
12 100
22 439
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 878
57 637
66 801
61 051
After tax
61 622
63 863
54 699
60 449
Living cost
27 185
27 185
27 185
27 185
Free-cash
34 437
36 678
27 514
33 264

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽53868
₽43243
₽29985
₽31871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
10 547
health
-
-
-
16 402
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
61 730
Employee
43 801
-
90 672
-
social contributions
2 847
-
5 894
-
health
5 913
-
12 241
-
solidarity contribution
-
-
-
-
income
5 256
-
10 881
-
total
14 016
-
29 016
-
Employer
43 801
-
90 672
-
social contributions
10 950
-
22 668
-
health
3 942
-
8 160
-
total
14 892
-
30 828
-
Corporate
62 806
121 500
-
-
income
11 933
23 085
-
-
total
11 933
23 085
-
-
Dividends
50 873
98 415
-
-
withholding
7 631
14 762
-
-
total
7 631
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 472
37 847
59 844
61 730
After tax
73 028
83 653
61 656
59 770
Living cost
29 785
29 785
29 785
29 785
Free-cash
43 243
53 868
31 871
29 985

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽35672
₽35175
₽28382
₽2048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
chamber of commerce
-
-
-
486
income
-
-
-
23 416
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
60 921
Employee
44 114
40 217
94 348
-
other
440
402
944
-
health
1 706
1 557
3 652
-
income
3 930
2 967
20 384
-
pensions
4 518
4 117
9 662
-
unemployment
1 323
1 207
2 831
-
total
11 917
10 250
37 473
-
Employer
44 114
40 217
94 348
-
accident
573
523
1 226
-
other
2 095
1 909
4 481
-
chamber of commerce
176
161
377
-
unemployment
1 323
1 207
2 831
-
surtax
-
-
-
-
pensions
5 537
5 048
11 841
-
payroll
1 323
1 207
2 831
-
health
1 668
1 521
3 566
-
total
12 695
11 576
27 153
-
Corporate
64 690
69 708
90 517
-
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.

16 173
17 428
22 629
-
total
16 173
17 428
22 629
-
Dividends
48 517
52 280
-
-
withholding
13 343
14 377
-
-
total
13 343
14 377
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 128
53 631
87 255
60 921
After tax
67 372
67 869
34 245
60 579
Living cost
32 197
32 197
32 197
32 197
Free-cash
35 175
35 672
2 048
28 382

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽101276
₽98623
₽106136
₽83051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
121 500
-
income
3 537
-
24 300
-
total
3 537
-
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%.

103 814
121 500
-
-
total
-
-
-
-
Dividends
103 814
121 500
-
-
withholding
5 191
6 075
-
-
total
5 191
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
8 728
6 075
24 300
1 215
After tax
112 772
115 425
97 200
120 285
Living cost
14 149
14 149
14 149
14 149
Free-cash
98 623
101 276
83 051
106 136

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽56584
₽48145
₽34890
₽31407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
121 500
income
-
-
-
25 214
pensions
-
-
-
22 189
unemployment
-
-
-
182
health
-
-
-
11 956
total
-
-
-
59 541
Employee

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

44 626
-
105 132
-
health
2 882
-
6 791
-
income
7 696
-
23 421
-
pensions
6 917
-
16 296
-
unemployment
63
-
147
-
total
17 558
-
46 655
-
Employer

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

44 626
-
105 132
-
unemployment
27
-
63
-
pensions
3 949
-
9 304
-
health
2 972
-
7 002
-
total
6 948
-
16 369
-
Corporate
69 926
121 500
-
-
income
13 285
23 085
-
-
total
13 285
23 085
-
-
Dividends
56 641
98 415
-
-
withholding
8 495
14 762
-
-
total
8 495
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 286
37 847
63 024
59 541
After tax
75 214
83 653
58 476
61 959
Living cost
27 069
27 069
27 069
27 069
Free-cash
48 145
56 584
31 407
34 890

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽30337
-₽29109
₽40382
₽64628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
23 683
social contributions
-
-
-
13 851
total
-
-
-
37 534
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
121 500
-
-
income
-
26 730
-
-
total
-
26 730
-
-
Dividends
-
94 770
-
-
income
-
20 849
-
-
total
-
20 849
-
-
Income
121 500
121 500
121 500
121 500
Total tax
107 025
47 579
13 288
37 534
After tax
14 475
73 921
108 212
83 966
Living cost
43 584
43 584
43 584
43 584
Free-cash
-29 109
30 337
64 628
40 382

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽37453
₽36438
₽35291
₽27814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
121 500
income
-
-
-
12 333
surtax
-
-
-
-
social contributions

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

-
-
-
42 221
total
-
-
-
54 554
Employee
46 415
-
98 182
-
social contributions
5 106
-
10 799
-
surtax
-
-
-
-
income
9 654
-
27 914
-
total
14 760
-
38 713
-
Employer
46 415
-
98 182
-
social contributions
11 023
-
23 318
-
total
11 023
-
23 318
-
Corporate
64 062
121 500
-
-
surtax
-
-
-
-
income
13 454
25 515
-
-
total
13 454
25 515
-
-
Dividends
50 608
95 985
-
-
withholding
14 170
26 877
-
-
total
14 170
26 877
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 407
52 392
62 031
54 554
After tax
68 093
69 108
59 469
66 946
Living cost
31 655
31 655
31 655
31 655
Free-cash
36 438
37 453
27 814
35 291

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽12495
₽19432
₽20637
₽24282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
14 483
pensions
-
-
-
27 028
other
-
-
-
3 767
health
-
-
-
3 380
surtax
-
-
-
-
social contributions
-
-
-
3 463
total
-
-
-
52 121
Employee
63 207
-
97 190
-
social contributions
1 800
-
2 769
-
surtax
-
-
-
-
income
5 515
-
15 993
-
pensions
7 149
-
5 403
-
total
14 464
-
24 165
-
Employer
63 207
-
97 190
-
other
2 181
-
3 353
-
social contributions
190
-
291
-
unemployment
2 561
-
3 936
-
pensions
10 386
-
9 341
-
health
4 424
-
7 390
-
total
19 742
-
24 311
-
Corporate
38 552
121 500
-
-
surtax
-
-
-
-
income
10 795
34 020
-
-
total
10 795
34 020
-
-
Dividends
27 757
87 480
-
-
surtax
-
-
-
-
social contributions
4 772
15 045
-
-
withholding
3 553
11 198
-
-
total
8 325
26 243
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 326
60 263
48 476
52 121
After tax
68 174
61 237
73 024
69 379
Living cost
48 742
48 742
48 742
48 742
Free-cash
19 432
12 495
24 282
20 637

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽79015
₽75622
₽61085
₽64312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
3 350
social contributions
-
-
-
26 729
total
-
-
-
30 079
Employee
32 444
-
105 195
-
income
-
-
3 708
-
social contributions
2 109
-
6 839
-
total
2 109
-
10 547
-
Employer
32 444
-
105 195
-
social contributions
5 029
-
16 305
-
total
5 029
-
16 305
-
Corporate
84 027
121 500
-
-
income
8 404
12 149
-
-
total
8 404
12 149
-
-
Dividends
75 623
109 351
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
15 542
12 149
26 852
30 079
After tax
105 958
109 351
94 648
91 421
Living cost
30 336
30 336
30 336
30 336
Free-cash
75 622
79 015
64 312
61 085

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽98473
-₽98473
₽25517
-₽98473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 636
pensions
-
-
-
875
national
-
-
-
13 199
labour market
-
-
-
9 650
total
-
-
-
47 360
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
171 350
171 350
171 350
47 360
After tax
-49 850
-49 850
-49 850
74 140
Living cost
48 623
48 623
48 623
48 623
Free-cash
-98 473
-98 473
-98 473
25 517

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽11905
₽6508
₽61511
₽42310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
253
income
-
-
-
31 256
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
38 243
Employee
34 209
-
106 076
-
health
3 917
-
12 146
-
income
4 693
-
22 220
-
pensions
3 852
-
7 654
-
total
12 462
-
42 020
-
Employer
34 209
-
106 076
-
accident
571
-
1 772
-
unemployment
838
-
2 599
-
pensions
5 562
-
11 053
-
total
6 971
-
15 424
-
Corporate
80 320
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.

72 287
109 350
-
-
total
72 287
109 350
-
-
Dividends
8 032
12 150
-
-
withholding
1 526
2 309
-
-
total
1 526
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
93 246
111 659
57 444
38 243
After tax
28 254
9 841
64 056
83 257
Living cost
21 746
21 746
21 746
21 746
Free-cash
6 508
-11 905
42 310
61 511

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽40468
₽40324
₽45229
₽28566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 608
health
-
-
-
1 450
national
-
-
-
14 468
total
-
-
-
37 526
Employee
53 095
-
102 213
-
health
396
-
1 153
-
municipal
8 697
-
16 673
-
pensions
3 583
-
6 900
-
unemployment
797
-
1 534
-
national
877
-
8 641
-
total
14 350
-
34 901
-
Employer
53 095
-
102 213
-
accident
54
-
102
-
unemployment
345
-
665
-
pensions
9 212
-
17 734
-
health
408
-
787
-
total
10 019
-
19 288
-
Corporate
58 387
121 500
-
-
income
11 676
24 301
-
-
total
11 676
24 301
-
-
Dividends

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

35 033
72 899
-
-
national
80
4 864
-
-
municipal
6 306
13 122
-
-
total
6 386
17 986
-
-
Income
121 500
121 500
121 500
121 500
Total tax
42 431
42 287
54 189
37 526
After tax
79 069
79 213
67 311
83 974
Living cost
38 745
38 745
38 745
38 745
Free-cash
40 324
40 468
28 566
45 229

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽65453
₽59961
₽61855
₽60541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
16 853
health
-
-
-
3 099
social contributions
-
-
-
16 328
total
-
-
-
36 280
Employee
77 601
77 601
110 764
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
1 883
-
income
8 449
7 184
16 288
-
total
11 984
14 945
26 858
-
Employer
77 601
77 601
110 764
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 049
-
total
3 587
7 877
10 736
-
Corporate
82 563
36 022
-
-
income
10 321
4 502
-
-
total
10 321
4 502
-
-
Dividends
72 242
31 519
-
-
withholding
12 282
5 358
-
-
total
12 282
5 358
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 174
32 682
37 594
36 280
After tax
83 326
88 818
83 906
85 220
Living cost
23 365
23 365
23 365
23 365
Free-cash
59 961
65 453
60 541
61 855

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽84591
₽79457
₽83480
₽63237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
121 500
income
-
-
-
11 897
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
21 997
Employee

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

23 164
-
111 637
-
health
1 969
-
8 139
-
income
1 584
-
9 396
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
32 377
-
Employer

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

23 164
-
111 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
95 951
121 500
-
-
income
8 635
10 935
-
-
total
8 635
10 935
-
-
Dividends
87 316
110 565
-
-
withholding
7 858
9 951
-
-
total
7 858
9 951
-
-
Income
121 500
121 500
121 500
121 500
Total tax
26 020
20 886
42 240
21 997
After tax
95 480
100 614
79 260
99 503
Living cost
16 023
16 023
16 023
16 023
Free-cash
79 457
84 591
63 237
83 480

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽53917
₽48773
₽39346
₽34838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
843
income
-
-
-
26 340
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
54 403
Employee
37 315
-
92 128
-
other
36
-
92
-
income
7 194
-
23 691
-
pensions
1 754
-
4 330
-
unemployment
578
-
1 429
-
total
9 562
-
29 542
-
Employer
37 315
-
92 128
-
accident
739
-
1 823
-
other
299
-
737
-
unemployment
2 053
-
5 067
-
pensions
8 806
-
21 742
-
total
11 897
-
29 369
-
Corporate
72 288
121 500
-
-
income

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

10 843
18 224
-
-
total
10 843
18 224
-
-
Dividends
61 445
103 276
-
-
withholding
12 674
21 608
-
-
total
12 674
21 608
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 976
39 832
58 911
54 403
After tax
76 524
81 668
62 589
67 097
Living cost
27 751
27 751
27 751
27 751
Free-cash
48 773
53 917
34 838
39 346

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽73060
₽72606
₽74601
₽74403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
40 676
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
44 143
Employee
4 198
-
119 238
-
health
210
-
503
-
income
812
-
40 570
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
42 079
-
Employer
4 198
-
119 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
116 358
121 500
-
-
income
25 599
26 730
-
-
total
25 599
26 730
-
-
Dividends
90 759
94 770
-
-
withholding
18 152
18 954
-
-
total
18 152
18 954
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 138
45 684
44 341
44 143
After tax
75 362
75 816
77 159
77 357
Living cost
2 756
2 756
2 756
2 756
Free-cash
72 606
73 060
74 403
74 601

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽70331
₽65366
₽49695
₽49696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
121 500
income
-
-
-
26 159
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
54 352
Employee

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

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

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

26 319
-
108 149
-
health
1 355
-
3 841
-
income
3 628
-
26 159
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
41 001
-
Employer

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

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

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

26 319
-
108 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
90 470
121 500
-
-
income
13 571
18 225
-
-
total
13 571
18 225
-
-
Dividends
76 900
103 275
-
-
withholding
11 535
15 491
-
-
total
11 535
15 491
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 681
33 716
54 351
54 352
After tax
82 819
87 784
67 149
67 148
Living cost
17 453
17 453
17 453
17 453
Free-cash
65 366
70 331
49 696
49 695

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽41901
₽41539
₽39739
₽32262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
121 500
income
-
-
-
12 333
surtax
-
-
-
-
social contributions

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

-
-
-
42 221
total
-
-
-
54 554
Employee
39 169
-
98 182
-
social contributions
4 309
-
10 799
-
surtax
-
-
-
-
income
7 653
-
27 914
-
total
11 962
-
38 713
-
Employer
39 169
-
98 182
-
social contributions
9 302
-
23 318
-
total
9 302
-
23 318
-
Corporate
73 030
121 500
-
-
surtax
-
-
-
-
income
15 336
25 515
-
-
total
15 336
25 515
-
-
Dividends
57 693
95 985
-
-
withholding
16 154
26 877
-
-
total
16 154
26 877
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 754
52 392
62 031
54 554
After tax
68 746
69 108
59 469
66 946
Living cost
27 207
27 207
27 207
27 207
Free-cash
41 539
41 901
32 262
39 739

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽46201
₽38654
₽31630
₽27122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
843
income
-
-
-
26 340
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
54 403
Employee
48 739
-
92 128
-
other
48
-
92
-
income
10 180
-
23 691
-
pensions
2 290
-
4 330
-
unemployment
755
-
1 429
-
total
13 273
-
29 542
-
Employer
48 739
-
92 128
-
accident
965
-
1 823
-
other
391
-
737
-
unemployment
2 681
-
5 067
-
pensions
11 502
-
21 742
-
total
15 539
-
29 369
-
Corporate
57 222
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.

8 584
18 224
-
-
total
8 584
18 224
-
-
Dividends
48 638
103 276
-
-
withholding
9 983
21 608
-
-
total
9 983
21 608
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 379
39 832
58 911
54 403
After tax
74 121
81 668
62 589
67 097
Living cost
35 467
35 467
35 467
35 467
Free-cash
38 654
46 201
27 122
31 630

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽86512
₽80357
₽76487
₽80643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
18 225
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
27 642
Employee
23 001
-
114 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
11 458
-
pensions

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

2 019
-
3 097
-
total
5 630
-
16 565
-
Employer
23 001
-
114 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
93 986
121 500
-
-
income
9 399
12 150
-
-
total
9 399
12 150
-
-
Dividends
84 587
109 350
-
-
withholding
4 230
5 467
-
-
total
4 230
5 467
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 772
17 617
23 486
27 642
After tax
97 728
103 883
98 014
93 858
Living cost
17 371
17 371
17 371
17 371
Free-cash
80 357
86 512
80 643
76 487

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽23662
₽36858
₽31902
₽42604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 702
income

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

-
-
-
31 318
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 894
surtax

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

-
-
-
1 722
total
-
-
-
50 636
Employee

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

50 213
-
121 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

228
-
1 722
-
income

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

4 129
-
31 318
-
total
11 251
-
39 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 287
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.

588
1 002
-
-
income
10 694
18 224
-
-
trade
10 231
17 435
-
-
chamber of commerce
259
331
-
-
total
21 772
36 992
-
-
Dividends
49 516
84 508
-
-
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.

661
1 141
-
-
withholding
11 996
20 743
-
-
total
12 657
21 884
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 680
58 876
39 934
50 636
After tax
75 820
62 624
81 566
70 864
Living cost
38 962
38 962
38 962
38 962
Free-cash
36 858
23 662
42 604
31 902

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽27562
₽29791
₽20854
₽20854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
31 919
social contributions
-
-
-
11 240
total
-
-
-
43 159
Employee
78 941
-
121 500
-
income
14 896
-
31 919
-
social contributions
6 558
-
11 240
-
total
21 454
-
43 159
-
Employer
78 941
-
121 500
-
total
-
-
-
-
Corporate
42 559
121 500
-
-
income
5 320
15 187
-
-
total
5 320
15 187
-
-
Dividends
37 239
106 313
-
-
withholding
7 448
21 264
-
-
total
7 448
21 264
-
-
Income
121 500
121 500
121 500
121 500
Total tax
34 222
36 451
43 159
43 159
After tax
87 278
85 049
78 341
78 341
Living cost
57 487
57 487
57 487
57 487
Free-cash
29 791
27 562
20 854
20 854

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽37009
₽40538
₽49398
₽52919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
121 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
116 858
-
income
5 023
-
22 663
-
social contributions
4 638
-
4 642
-
total
9 661
-
27 305
-
Employer
46 295
-
116 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
70 566
121 500
-
-
income
24 697
42 525
-
-
total
24 697
42 525
-
-
Dividends
45 869
78 975
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 328
47 857
31 947
35 468
After tax
77 172
73 643
89 553
86 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
40 538
37 009
52 919
49 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽48051
₽47706
₽47228
₽35915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
28 683
pensions
-
-
-
7 974
total
-
-
-
36 657
Employee
51 632
-
106 662
-
health
674
-
1 767
-
income
9 403
-
21 142
-
pensions
3 941
-
10 224
-
total
14 018
-
33 133
-
Employer
51 632
-
106 662
-
pensions
5 216
-
12 810
-
health
981
-
2 027
-
total
6 197
-
14 837
-
Corporate
63 670
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.

12 097
23 085
-
-
total
12 097
23 085
-
-
Dividends
51 574
98 415
-
-
withholding
3 867
12 749
-
-
total
3 867
12 749
-
-
Income
121 500
121 500
121 500
121 500
Total tax
36 179
35 834
47 970
36 657
After tax
85 321
85 666
73 530
84 843
Living cost
37 615
37 615
37 615
37 615
Free-cash
47 706
48 051
35 915
47 228

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽14059
₽6175
₽59357
₽40156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
accident
-
-
-
253
income
-
-
-
31 256
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
38 243
Employee
37 595
-
106 076
-
health
4 304
-
12 146
-
income
5 158
-
22 220
-
pensions
4 233
-
7 654
-
total
13 695
-
42 020
-
Employer
37 595
-
106 076
-
accident
628
-
1 772
-
unemployment
921
-
2 599
-
pensions
6 113
-
11 053
-
total
7 662
-
15 424
-
Corporate
76 244
121 500
-
-
income

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

68 619
109 350
-
-
total
68 619
109 350
-
-
Dividends
7 624
12 150
-
-
withholding
1 449
2 309
-
-
total
1 449
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
91 425
111 659
57 444
38 243
After tax
30 075
9 841
64 056
83 257
Living cost
23 900
23 900
23 900
23 900
Free-cash
6 175
-14 059
40 156
59 357

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽88611
₽83889
₽55275
₽66498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
608
health insurance
-
-
-
8 991
income
-
-
-
19 181
pensions
-
-
-
22 356
unemployment
-
-
-
1 458
total
-
-
-
52 594
Employee

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

21 810
-
121 500
-
work injury
109
-
403
-
income
2 181
-
19 181
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
41 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 690
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%.

997
1 215
-
-
total
997
1 215
-
-
Dividends
98 693
120 285
-
-
withholding
14 804
18 043
-
-
total
14 804
18 043
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 980
19 258
41 371
52 594
After tax
97 520
102 242
80 129
68 906
Living cost
13 631
13 631
13 631
13 631
Free-cash
83 889
88 611
66 498
55 275

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽23796
₽19204
₽19371
₽13815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 617
national
-
-
-
27 248
social contributions
-
-
-
31 249
total
-
-
-
61 926
Employee
85 040
-
121 500
-
social contributions
28 675
-
40 970
-
regional
1 284
-
2 234
-
municipal
508
-
724
-
national
14 371
-
23 554
-
total
44 838
-
67 482
-
Employer
85 040
-
121 500
-
total
-
-
-
-
Corporate
36 460
121 500
-
-
nationa
8 750
29 160
-
-
municipal
1 758
5 856
-
-
total
10 508
35 016
-
-
Dividends
25 952
86 484
-
-
withholding
6 747
22 485
-
-
total
6 747
22 485
-
-
Income
121 500
121 500
121 500
121 500
Total tax
62 093
57 501
67 482
61 926
After tax
59 407
63 999
54 018
59 574
Living cost
40 203
40 203
40 203
40 203
Free-cash
19 204
23 796
13 815
19 371

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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