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
₽32931
₽52169
₽39904
₽43310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
121 500
income

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

-
-
-
32 703
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.

-
-
-
1 798
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.

-
-
-
6 410
trade
-
-
-
12 265
total
-
-
-
53 176
Employee

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

35 888
-
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.

55
-
1 798
-
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.

1 002
-
32 703
-
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.

6 410
-
6 410
-
total
7 467
-
40 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 612
121 500
-
-
income
12 842
18 225
-
-
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.

707
1 002
-
-
chamber of commerce
265
317
-
-
trade
13 485
19 136
-
-
total
27 299
38 680
-
-
Dividends
58 313
82 820
-
-
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.

782
1 120
-
-
withholding
14 222
20 349
-
-
total
15 004
21 469
-
-
Income
121 500
121 500
121 500
121 500
Total tax
49 770
60 149
40 911
53 176
After tax
71 730
61 351
80 589
68 324
Living cost
28 420
28 420
28 420
28 420
Free-cash
43 310
32 931
52 169
39 904

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25860
₽23616
₽22663
₽25030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
social contributions
-
-
-
1 306
municipal
-
-
-
12 941
national
-
-
-
20 054
pensions
-
-
-
14 580
total
-
-
-
48 881
Employee
77 442
-
105 036
-
municipal
9 565
-
13 412
-
pensions
3 098
-
4 201
-
national
14 822
-
20 783
-
total
27 485
-
38 396
-
Employer
77 442
-
105 036
-
pensions
6 195
-
8 403
-
social contributions
832
-
1 129
-
total
7 027
-
9 532
-
Corporate
31 919
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%.

6 384
24 300
-
-
total
6 384
24 300
-
-
Dividends
25 536
97 200
-
-
withholding
5 618
21 384
-
-
total
5 618
21 384
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 514
45 684
47 928
48 881
After tax
74 986
75 816
73 572
72 619
Living cost
49 956
49 956
49 956
49 956
Free-cash
25 030
25 860
23 616
22 663

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77679
₽48646
₽16438
₽69982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
121 500
income
-
-
-
18 607
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.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
85 541
Employee
27 418
-
97 912
-
surtax
-
-
-
-
social contributions

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

3 016
-
10 771
-
income
4 881
-
18 974
-
total
7 897
-
29 745
-
Employer
27 418
-
97 912
-
social contributions

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

6 604
-
23 588
-
surtax
-
-
-
-
total
6 604
-
23 588
-
Corporate
87 478
121 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

17 496
24 300
-
-
total
17 496
24 300
-
-
Dividends

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

69 982
97 200
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
31 997
24 300
53 333
85 541
After tax
89 503
97 200
68 167
35 959
Living cost
19 521
19 521
19 521
19 521
Free-cash
69 982
77 679
48 646
16 438

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20194
₽29077
₽30752
₽14445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 878
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
51 441
Employee
80 127
80 127
104 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
11 570
-
total
39 838
34 570
35 679
-
Employer
80 127
80 127
104 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
28 324
27 341
-
-
income
5 664
5 468
-
-
total
5 664
5 468
-
-
Dividends
22 660
21 873
-
-
income
4 815
4 647
-
-
withholding
3 399
3 282
-
-
total
8 214
7 929
-
-
Income
121 500
121 500
121 500
121 500
Total tax
67 748
61 999
53 116
51 441
After tax
53 752
59 501
68 384
70 059
Living cost
39 307
39 307
39 307
39 307
Free-cash
14 445
20 194
29 077
30 752

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28855
₽26046
₽27056
₽28014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
29 134
national
-
-
-
4 027
pensions
-
-
-
8 881
total
-
-
-
56 960
Employee
53 411
-
95 688
-
municipal
15 927
-
28 534
-
national
-
-
3 624
-
total
15 927
-
32 158
-
Employer
53 411
-
95 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
51 307
121 500
-
-
income
11 287
26 730
-
-
total
11 287
26 730
-
-
Dividends
40 019
94 770
-
-
withholding
12 006
28 431
-
-
total
12 006
28 431
-
-
Income
121 500
121 500
121 500
121 500
Total tax
56 002
55 161
57 970
56 960
After tax
65 498
66 339
63 530
64 540
Living cost
37 484
37 484
37 484
37 484
Free-cash
28 014
28 855
26 046
27 056

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23865
₽43728
₽30919
₽37050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
121 500
income

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

-
-
-
32 703
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.

-
-
-
1 798
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.

-
-
-
6 410
trade
-
-
-
12 810
total
-
-
-
53 721
Employee

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

47 583
-
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.

224
-
1 798
-
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.

4 088
-
32 703
-
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.

6 410
-
6 410
-
total
10 722
-
40 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 917
121 500
-
-
income
11 088
18 225
-
-
surtax

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

609
1 002
-
-
chamber of commerce
248
315
-
-
trade
12 160
19 987
-
-
total
24 105
39 529
-
-
Dividends
49 813
81 970
-
-
surtax

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

666
1 108
-
-
withholding
12 096
20 137
-
-
total
12 762
21 245
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 589
60 774
40 911
53 721
After tax
73 911
60 726
80 589
67 779
Living cost
36 860
36 860
36 860
36 860
Free-cash
37 050
23 865
43 728
30 919

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
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.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58344
₽53343
₽54623
₽54451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 164
social contributions
-
-
-
15 181
health
-
-
-
3 098
total
-
-
-
36 443
Employee
72 151
72 151
111 363
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
17 616
-
health
718
1 227
1 893
-
total
11 800
13 894
27 586
-
Employer
72 151
72 151
111 363
-
health
782
1 335
2 060
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
10 137
-
Corporate
74 978
42 025
-
-
income
9 373
5 253
-
-
total
9 373
5 253
-
-
Dividends
65 605
36 772
-
-
withholding
11 154
6 252
-
-
total
11 154
6 252
-
-
Income
121 500
121 500
121 500
121 500
Total tax
36 615
32 722
37 723
36 443
After tax
84 885
88 778
83 777
85 057
Living cost
30 434
30 434
30 434
30 434
Free-cash
54 451
58 344
53 343
54 623

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51523
₽53618
₽67352
₽51872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
14 853
unemployment
-
-
-
1 823
health
-
-
-
8 505
pensions
-
-
-
12 150
total
-
-
-
37 331
Employee

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
101 674
-
unemployment
364
145
1 525
-
pensions
2 428
966
10 167
-
income
2 968
1 181
12 430
-
health
1 699
676
7 117
-
total
7 459
2 968
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.

24 275
9 661
101 674
-
pensions
4 734
1 884
19 826
-
total
4 734
1 884
19 826
-
Corporate
92 491
109 955
-
-
income
8 324
9 896
-
-
total
8 324
9 896
-
-
Dividends
84 167
100 059
-
-
social contributions
16 302
19 401
-
-
withholding
15 992
19 011
-
-
total
32 294
38 412
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 811
53 160
51 065
37 331
After tax
68 689
68 340
70 435
84 169
Living cost
16 817
16 817
16 817
16 817
Free-cash
51 872
51 523
53 618
67 352

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74536
₽47367
₽42460
₽68705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 796
pensions
-
-
-
24 300
total
-
-
-
56 376
Employee
26 618
-
90 806
-
unemployment
426
-
1 453
-
pensions
532
-
1 816
-
income
2 997
-
17 507
-
total
3 955
-
20 776
-
Employer
26 618
-
90 806
-
health
3 460
-
11 805
-
pensions
5 324
-
18 162
-
unemployment
214
-
726
-
total
8 998
-
30 693
-
Corporate
85 884
121 500
-
-
income
17 178
24 300
-
-
total
17 178
24 300
-
-
Dividends
68 707
97 200
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
30 131
24 300
51 469
56 376
After tax
91 369
97 200
70 031
65 124
Living cost
22 664
22 664
22 664
22 664
Free-cash
68 705
74 536
47 367
42 460

Estimated living cost  is ₽22664 per week

₽15545
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.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11107
₽43425
₽62276
₽6629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
31 644
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
38 276
Employee
32 952
-
106 617
-
pensions
3 710
-
7 264
-
income
4 521
-
22 773
-
health
3 773
-
12 208
-
total
12 004
-
42 245
-
Employer
32 952
-
106 617
-
pensions
5 358
-
10 490
-
accident
550
-
1 780
-
unemployment
807
-
2 612
-
total
6 715
-
14 882
-
Corporate
81 832
121 500
-
-
income

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

73 649
109 350
-
-
total
73 649
109 350
-
-
Dividends
8 183
12 150
-
-
withholding
1 555
2 309
-
-
total
1 555
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
93 923
111 659
57 127
38 276
After tax
27 577
9 841
64 373
83 224
Living cost
20 948
20 948
20 948
20 948
Free-cash
6 629
-11 107
43 425
62 276

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107864
₽89639
₽112724
₽106447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
121 500
microenterprise

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

-
-
-
1 215
total
-
-
-
1 215
Employee
9 450
-
121 500
-
income
1 890
-
24 300
-
total
1 890
-
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%.

112 050
121 500
-
-
total
-
-
-
-
Dividends
112 050
121 500
-
-
withholding
5 602
6 075
-
-
total
5 602
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
7 492
6 075
24 300
1 215
After tax
114 008
115 425
97 200
120 285
Living cost
7 561
7 561
7 561
7 561
Free-cash
106 447
107 864
89 639
112 724

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64266
₽44911
₽39888
₽57928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 335
other
-
-
-
5 771
health
-
-
-
5 345
pensions

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

-
-
-
29 159
total
-
-
-
56 610
Employee
34 069
-
97 045
-
unemployment
340
-
970
-
pensions

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

2 384
-
6 793
-
income
5 865
-
18 011
-
health
477
-
1 359
-
total
9 066
-
27 133
-
Employer
34 069
-
97 045
-
health
477
-
1 359
-
pensions

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

5 792
-
16 497
-
accident
272
-
776
-
unemployment
340
-
970
-
other
1 704
-
4 852
-
total
8 585
-
24 454
-
Corporate
78 845
121 500
-
-
income
16 558
25 514
-
-
total
16 558
25 514
-
-
Dividends
62 287
95 986
-
-
withholding
4 361
6 718
-
-
total
4 361
6 718
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 570
32 232
51 587
56 610
After tax
82 930
89 268
69 913
64 890
Living cost
25 002
25 002
25 002
25 002
Free-cash
57 928
64 266
44 911
39 888

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21550
₽9920
₽21158
₽15475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 094
pensions
-
-
-
7 562
total
-
-
-
37 656
Employee
88 691
-
106 541
-
pensions
8 556
-
9 620
-
income
15 987
-
22 601
-
health
1 461
-
1 714
-
total
26 004
-
33 935
-
Employer
88 691
-
106 541
-
health
1 684
-
2 025
-
pensions
10 472
-
12 934
-
total
12 156
-
14 959
-
Corporate
20 653
121 500
-
-
income

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

3 924
23 084
-
-
total
3 924
23 084
-
-
Dividends
16 729
98 416
-
-
withholding
1 255
14 180
-
-
total
1 255
14 180
-
-
Income
121 500
121 500
121 500
121 500
Total tax
43 339
37 264
48 894
37 656
After tax
78 161
84 236
72 606
83 844
Living cost
62 686
62 686
62 686
62 686
Free-cash
15 475
21 550
9 920
21 158

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽91583
₽86521
₽82227
₽87227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
18 225
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
26 974
Employee
16 286
-
115 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
11 507
-
health
749
-
1 507
-
total
3 986
-
16 251
-
Employer
16 286
-
115 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
102 018
121 500
-
-
income
10 202
12 150
-
-
total
10 202
12 150
-
-
Dividends
91 817
109 350
-
-
withholding
4 591
5 468
-
-
total
4 591
5 468
-
-
Income
121 500
121 500
121 500
121 500
Total tax
21 974
17 618
22 680
26 974
After tax
99 526
103 882
98 820
94 526
Living cost
12 299
12 299
12 299
12 299
Free-cash
87 227
91 583
86 521
82 227

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7471
₽16354
₽18029
₽9833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 878
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
51 441
Employee
86 993
80 127
104 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
11 570
-
total
34 962
34 570
35 679
-
Employer
86 993
80 127
104 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
19 276
27 341
-
-
income
3 855
5 468
-
-
total
3 855
5 468
-
-
Dividends
15 421
21 873
-
-
income
3 276
4 647
-
-
withholding
2 313
3 282
-
-
total
5 589
7 929
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 637
61 999
53 116
51 441
After tax
61 863
59 501
68 384
70 059
Living cost
52 030
52 030
52 030
52 030
Free-cash
9 833
7 471
16 354
18 029

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60642
₽38645
₽38178
₽52432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 798
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
16 402
total
-
-
-
60 311
Employee
33 839
-
90 672
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
5 894
-
income
4 061
-
10 881
-
health
4 568
-
12 241
-
total
10 829
-
29 016
-
Employer
33 839
-
90 672
-
health
3 045
-
8 160
-
social contributions
8 460
-
22 668
-
total
11 505
-
30 828
-
Corporate
76 156
121 500
-
-
income
14 470
23 085
-
-
total
14 470
23 085
-
-
Dividends
61 686
98 415
-
-
withholding
9 253
14 762
-
-
total
9 253
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 057
37 847
59 844
60 311
After tax
75 443
83 653
61 656
61 189
Living cost
23 011
23 011
23 011
23 011
Free-cash
52 432
60 642
38 645
38 178

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25234
₽15022
₽20805
₽20331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
social contributions
-
-
-
31 250
regional
-
-
-
1 389
municipal
-
-
-
721
national
-
-
-
27 742
total
-
-
-
61 102
Employee
83 391
-
121 500
-
municipal
442
-
645
-
national
14 450
-
24 049
-
regional
787
-
1 221
-
social contributions
28 119
-
40 970
-
total
43 798
-
66 885
-
Employer
83 391
-
121 500
-
total
-
-
-
-
Corporate
38 109
121 500
-
-
municipal
1 487
4 738
-
-
nationa
9 147
29 159
-
-
total
10 634
33 897
-
-
Dividends
27 475
87 603
-
-
withholding
7 144
22 776
-
-
total
7 144
22 776
-
-
Income
121 500
121 500
121 500
121 500
Total tax
61 576
56 673
66 885
61 102
After tax
59 924
64 827
54 615
60 398
Living cost
39 593
39 593
39 593
39 593
Free-cash
20 331
25 234
15 022
20 805

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
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.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55719
₽35414
₽37422
₽52798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 585
other
-
-
-
-
surtax
-
-
-
3 647
unemployment
-
-
-
214
health
-
-
-
8 627
pensions
-
-
-
24 300
total
-
-
-
63 373
Employee
31 029
-
100 371
-
other
-
-
-
-
unemployment
2 160
-
6 985
-
pensions
2 069
-
6 695
-
surtax
101
-
3 330
-
income
5 201
-
24 683
-
health
792
-
2 559
-
total
10 323
-
44 252
-
Employer
31 029
-
100 371
-
health
1 412
-
4 567
-
pensions
4 136
-
13 380
-
unemployment
983
-
3 182
-
other
-
-
-
-
total
6 531
-
21 129
-
Corporate
83 940
121 500
-
-
income
21 825
31 590
-
-
total
21 825
31 590
-
-
Dividends
62 115
89 910
-
-
withholding
9 318
13 486
-
-
total
9 318
13 486
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 997
45 076
65 381
63 373
After tax
73 503
76 424
56 119
58 127
Living cost
20 705
20 705
20 705
20 705
Free-cash
52 798
55 719
35 414
37 422

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
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.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41411
₽29781
₽41019
₽40834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 094
pensions
-
-
-
7 562
total
-
-
-
37 656
Employee
59 438
-
106 541
-
pensions
5 045
-
9 620
-
income
10 705
-
22 601
-
health
863
-
1 714
-
total
16 613
-
33 935
-
Employer
59 438
-
106 541
-
health
1 129
-
2 025
-
pensions
6 434
-
12 934
-
total
7 563
-
14 959
-
Corporate
54 498
121 500
-
-
income

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

10 354
23 084
-
-
total
10 354
23 084
-
-
Dividends
44 144
98 416
-
-
withholding
3 311
14 180
-
-
total
3 311
14 180
-
-
Income
121 500
121 500
121 500
121 500
Total tax
37 841
37 264
48 894
37 656
After tax
83 659
84 236
72 606
83 844
Living cost
42 825
42 825
42 825
42 825
Free-cash
40 834
41 411
29 781
41 019

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18527
₽20205
₽26212
₽13173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
2 430
regional
-
-
-
4 854
health
-
-
-
274
city
-
-
-
1 281
national
-
-
-
1 184
pensions
-
-
-
11 179
total
-
-
-
21 202
Employee
86 700
-
108 749
-
unemployment
-
-
-
-
pensions
7 284
-
9 133
-
national
410
-
926
-
regional
2 839
-
4 184
-
city
930
-
1 168
-
health
196
-
245
-
total
11 659
-
15 656
-
Employer
86 700
-
108 749
-
health
196
-
245
-
pensions
7 284
-
9 133
-
unemployment
-
-
-
-
other

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

1 733
-
2 175
-
total
9 213
-
11 553
-
Corporate
24 634
121 500
-
-
regional
5 210
25 697
-
-
national
2 093
10 328
-
-
total
7 303
36 025
-
-
Dividends
17 331
85 474
-
-
withholding
6 066
29 916
-
-
total
6 066
29 916
-
-
Income
121 500
121 500
121 500
121 500
Total tax
34 241
65 941
27 209
21 202
After tax
87 259
55 559
94 291
100 298
Living cost
74 086
74 086
74 086
74 086
Free-cash
13 173
-18 527
20 205
26 212

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17119
₽37605
₽24249
₽32334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
121 500
income

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

-
-
-
32 703
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.

-
-
-
1 798
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.

-
-
-
6 410
trade
-
-
-
13 356
total
-
-
-
54 267
Employee

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

56 390
-
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.

365
-
1 798
-
income

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

6 631
-
32 703
-
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.

6 410
-
6 410
-
total
13 406
-
40 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 110
121 500
-
-
income
9 767
18 225
-
-
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.

538
1 002
-
-
chamber of commerce
233
313
-
-
trade
11 166
20 837
-
-
total
21 704
40 377
-
-
Dividends
43 406
81 123
-
-
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.

577
1 095
-
-
withholding
10 495
19 925
-
-
total
11 072
21 020
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 182
61 397
40 911
54 267
After tax
75 318
60 103
80 589
67 233
Living cost
42 984
42 984
42 984
42 984
Free-cash
32 334
17 119
37 605
24 249

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29131
₽39570
₽37076
₽34675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 485
other
-
-
-
3 766
surtax
-
-
-
-
social contributions
-
-
-
3 462
health
-
-
-
3 771
pensions
-
-
-
25 837
total
-
-
-
52 321
Employee
40 158
-
96 579
-
pensions
4 541
-
5 653
-
surtax
-
-
-
-
social contributions
1 145
-
2 751
-
income
2 370
-
16 502
-
total
8 056
-
24 906
-
Employer
40 158
-
96 579
-
health
2 812
-
7 679
-
pensions
6 597
-
9 708
-
unemployment
1 626
-
3 912
-
social contributions
121
-
290
-
other
1 385
-
3 332
-
total
12 541
-
24 921
-
Corporate
68 801
121 500
-
-
income
19 264
34 020
-
-
surtax
-
-
-
-
total
19 264
34 020
-
-
Dividends
49 537
87 480
-
-
surtax
-
-
-
-
social contributions
8 520
15 048
-
-
withholding
6 341
11 198
-
-
total
14 861
26 246
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 722
60 266
49 827
52 321
After tax
66 778
61 234
71 673
69 179
Living cost
32 103
32 103
32 103
32 103
Free-cash
34 675
29 131
39 570
37 076

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32312
₽42751
₽40257
₽37526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 485
other
-
-
-
3 766
surtax
-
-
-
-
social contributions
-
-
-
3 462
health
-
-
-
3 771
pensions
-
-
-
25 837
total
-
-
-
52 321
Employee
35 847
-
96 579
-
pensions
4 054
-
5 653
-
surtax
-
-
-
-
social contributions
1 022
-
2 751
-
income
1 848
-
16 502
-
total
6 924
-
24 906
-
Employer
35 847
-
96 579
-
health
2 509
-
7 679
-
pensions
5 890
-
9 708
-
unemployment
1 451
-
3 912
-
social contributions
107
-
290
-
other
1 238
-
3 332
-
total
11 195
-
24 921
-
Corporate
74 459
121 500
-
-
income
20 849
34 020
-
-
surtax
-
-
-
-
total
20 849
34 020
-
-
Dividends
53 609
87 480
-
-
surtax
-
-
-
-
social contributions
9 222
15 048
-
-
withholding
6 862
11 198
-
-
total
16 084
26 246
-
-
Income
121 500
121 500
121 500
121 500
Total tax
55 052
60 266
49 827
52 321
After tax
66 448
61 234
71 673
69 179
Living cost
28 922
28 922
28 922
28 922
Free-cash
37 526
32 312
42 751
40 257

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54230
₽56913
₽58132
₽54718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
16 766
health
-
-
-
8 481
total
-
-
-
43 472
Employee
31 814
-
121 500
-
social contributions
4 391
-
16 766
-
income
5 306
-
19 444
-
health
2 220
-
8 481
-
total
11 917
-
44 691
-
Employer
31 814
-
121 500
-
total
-
-
-
-
Corporate
89 686
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%.

4 484
6 075
-
-
total
4 484
6 075
-
-
Dividends
85 202
115 425
-
-
social contributions
11 757
15 929
-
-
withholding
12 781
17 313
-
-
health
5 947
8 057
-
-
total
30 485
41 299
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 886
47 374
44 691
43 472
After tax
74 614
74 126
76 809
78 028
Living cost
19 896
19 896
19 896
19 896
Free-cash
54 718
54 230
56 913
58 132

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34581
₽241
₽27992
₽33130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 356
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
486
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
60 446
Employee
46 892
37 393
94 201
-
other
468
374
942
-
unemployment
1 407
1 122
2 826
-
pensions
4 802
3 828
9 646
-
income
5 338
2 758
21 182
-
health
1 814
1 448
3 645
-
total
13 829
9 530
38 241
-
Employer
46 892
37 393
94 201
-
chamber of commerce
187
150
377
-
health
1 772
1 414
3 561
-
pensions
5 885
4 694
11 821
-
accident
609
486
1 225
-
unemployment
1 407
1 122
2 826
-
surtax
185
185
185
-
payroll
1 407
1 122
2 826
-
other
2 228
1 775
4 475
-
total
13 680
10 948
27 296
-
Corporate
60 929
73 160
90 642
-
income

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

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

15 233
18 290
22 660
-
total
15 233
18 290
22 660
-
Dividends
45 696
54 870
-
-
withholding
12 566
15 089
-
-
total
12 566
15 089
-
-
Income
121 500
121 500
121 500
121 500
Total tax
55 308
53 857
88 197
60 446
After tax
66 192
67 643
33 303
61 054
Living cost
33 062
33 062
33 062
33 062
Free-cash
33 130
34 581
241
27 992

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33829
₽11015
₽19997
₽19759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
communal

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

-
-
-
6 134
social contributions
-
-
-
19 265
national
-
-
-
41 892
total
-
-
-
67 291
Employee

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

67 117
-
94 102
-
unemployment

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

584
-
819
-
communal

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

3 501
-
4 907
-
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.

5 034
-
7 058
-
national
20 635
-
31 675
-
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.

3 153
-
4 423
-
total
32 907
-
48 882
-
Employer

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

67 117
-
94 102
-
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.

4 127
-
5 787
-
pensions

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

5 947
-
8 337
-
accident

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

872
-
1 223
-
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.

979
-
1 375
-
surtax
7 610
-
10 669
-
total
19 535
-
27 391
-
Corporate
34 846
121 500
-
-
income
6 969
24 300
-
-
surtax
139
486
-
-
total
7 108
24 786
-
-
Dividends
27 737
96 714
-
-
withholding

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

7 979
28 673
-
-
total
7 979
28 673
-
-
Income
121 500
121 500
121 500
121 500
Total tax
67 529
53 459
76 273
67 291
After tax
53 971
68 041
45 227
54 209
Living cost
34 212
34 212
34 212
34 212
Free-cash
19 759
33 829
11 015
19 997

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47630
₽29366
₽33876
₽40440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
27 647
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
53 738
Employee
46 707
-
93 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
24 999
-
total
12 821
-
30 522
-
Employer
46 707
-
93 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
59 906
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.

8 987
18 225
-
-
total
8 987
18 225
-
-
Dividends
50 919
103 275
-
-
withholding
10 479
21 759
-
-
total
10 479
21 759
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 174
39 984
58 248
53 738
After tax
74 326
81 516
63 252
67 762
Living cost
33 886
33 886
33 886
33 886
Free-cash
40 440
47 630
29 366
33 876

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22164
₽18825
₽13980
₽12765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
communal
-
-
-
7 678
accident
-
-
-
1 024
income
-
-
-
15 053
surtax
-
-
-
6 024
health
-
-
-
8 538
pensions
-
-
-
18 212
total
-
-
-
56 529
Employee
71 057
-
108 530
-
pensions
5 684
-
8 682
-
surtax
4 355
-
6 651
-
income
6 863
-
18 552
-
health
3 162
-
4 829
-
total
20 064
-
38 714
-
Employer
71 057
-
108 530
-
health
2 167
-
3 310
-
pensions
5 684
-
8 682
-
accident
639
-
978
-
total
8 490
-
12 970
-
Corporate
41 953
121 500
-
-
communal
2 831
8 201
-
-
income
6 293
18 225
-
-
surtax
440
1 275
-
-
total
9 564
27 701
-
-
Dividends
32 389
93 799
-
-
income
14 767
6 574
-
-
withholding
4 859
14 070
-
-
total
19 626
20 644
-
-
Income
121 500
121 500
121 500
121 500
Total tax
57 744
48 345
51 684
56 529
After tax
63 756
73 155
69 816
64 971
Living cost
50 991
50 991
50 991
50 991
Free-cash
12 765
22 164
18 825
13 980

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55349
₽35044
₽37052
₽52364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 585
other
-
-
-
-
surtax
-
-
-
3 647
unemployment
-
-
-
214
health
-
-
-
8 627
pensions
-
-
-
24 300
total
-
-
-
63 373
Employee
31 599
-
100 371
-
other
-
-
-
-
unemployment
2 199
-
6 985
-
pensions
2 108
-
6 695
-
surtax
112
-
3 330
-
income
5 297
-
24 683
-
health
807
-
2 559
-
total
10 523
-
44 252
-
Employer
31 599
-
100 371
-
health
1 437
-
4 567
-
pensions
4 213
-
13 380
-
unemployment
1 002
-
3 182
-
other
-
-
-
-
total
6 652
-
21 129
-
Corporate
83 249
121 500
-
-
income
21 645
31 590
-
-
total
21 645
31 590
-
-
Dividends
61 604
89 910
-
-
withholding
9 241
13 486
-
-
total
9 241
13 486
-
-
Income
121 500
121 500
121 500
121 500
Total tax
48 061
45 076
65 381
63 373
After tax
73 439
76 424
56 119
58 127
Living cost
21 075
21 075
21 075
21 075
Free-cash
52 364
55 349
35 044
37 052

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38588
₽28925
₽34678
₽36505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
social contributions
-
-
-
31 250
regional
-
-
-
1 833
municipal
-
-
-
721
national
-
-
-
27 742
total
-
-
-
61 546
Employee
52 049
-
121 500
-
municipal
276
-
645
-
national
8 246
-
24 049
-
regional
701
-
1 635
-
social contributions
17 551
-
40 970
-
total
26 774
-
67 299
-
Employer
52 049
-
121 500
-
total
-
-
-
-
Corporate
69 451
121 500
-
-
municipal
3 451
6 038
-
-
nationa
16 668
29 159
-
-
total
20 119
35 197
-
-
Dividends
49 332
86 303
-
-
withholding
12 826
22 439
-
-
total
12 826
22 439
-
-
Income
121 500
121 500
121 500
121 500
Total tax
59 719
57 636
67 299
61 546
After tax
61 781
63 864
54 201
59 954
Living cost
25 276
25 276
25 276
25 276
Free-cash
36 505
38 588
28 925
34 678

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
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.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55298
₽33301
₽32834
₽45182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 798
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
16 402
total
-
-
-
60 311
Employee
41 699
-
90 672
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
5 894
-
income
5 004
-
10 881
-
health
5 629
-
12 241
-
total
13 343
-
29 016
-
Employer
41 699
-
90 672
-
health
3 753
-
8 160
-
social contributions
10 425
-
22 668
-
total
14 178
-
30 828
-
Corporate
65 624
121 500
-
-
income
12 469
23 085
-
-
total
12 469
23 085
-
-
Dividends
53 155
98 415
-
-
withholding
7 973
14 762
-
-
total
7 973
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 963
37 847
59 844
60 311
After tax
73 537
83 653
61 656
61 189
Living cost
28 355
28 355
28 355
28 355
Free-cash
45 182
55 298
33 301
32 834

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37807
₽3396
₽31304
₽37346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 356
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
486
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
60 261
Employee
41 016
37 393
94 346
-
other
410
374
944
-
unemployment
1 230
1 122
2 831
-
pensions
4 200
3 828
9 662
-
income
3 654
2 758
21 230
-
health
1 587
1 448
3 652
-
total
11 081
9 530
38 319
-
Employer
41 016
37 393
94 346
-
chamber of commerce
164
150
377
-
health
1 551
1 414
3 567
-
pensions
5 148
4 694
11 841
-
accident
532
486
1 227
-
unemployment
1 230
1 122
2 831
-
surtax
-
-
-
-
payroll
1 230
1 122
2 831
-
other
1 948
1 775
4 480
-
total
11 803
10 763
27 154
-
Corporate
68 680
73 345
90 784
-
income

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

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

17 170
18 337
22 696
-
total
17 170
18 337
22 696
-
Dividends
51 510
55 008
-
-
withholding
14 165
15 128
-
-
total
14 165
15 128
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 219
53 758
88 169
60 261
After tax
67 281
67 742
33 331
61 239
Living cost
29 935
29 935
29 935
29 935
Free-cash
37 346
37 807
3 396
31 304

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103643
₽85418
₽108503
₽101434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
121 500
-
income
2 946
-
24 300
-
total
2 946
-
24 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

106 773
121 500
-
-
total
-
-
-
-
Dividends
106 773
121 500
-
-
withholding
5 338
6 075
-
-
total
5 338
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
8 284
6 075
24 300
1 215
After tax
113 216
115 425
97 200
120 285
Living cost
11 782
11 782
11 782
11 782
Free-cash
101 434
103 643
85 418
108 503

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58484
₽33000
₽36396
₽50635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 612
unemployment
-
-
-
182
health
-
-
-
11 955
pensions
-
-
-
22 188
total
-
-
-
59 937
Employee

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

41 492
-
105 133
-
unemployment
59
-
148
-
pensions
6 432
-
16 296
-
income
7 155
-
23 731
-
health
2 680
-
6 791
-
total
16 326
-
46 966
-
Employer

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

41 492
-
105 133
-
health
2 764
-
7 001
-
pensions
3 672
-
9 304
-
unemployment
25
-
62
-
total
6 461
-
16 367
-
Corporate
73 548
121 500
-
-
income
13 974
23 086
-
-
total
13 974
23 086
-
-
Dividends
59 574
98 414
-
-
withholding
8 937
14 763
-
-
total
8 937
14 763
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 698
37 849
63 333
59 937
After tax
75 802
83 651
58 167
61 563
Living cost
25 167
25 167
25 167
25 167
Free-cash
50 635
58 484
33 000
36 396

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33841
₽69200
₽43886
-₽16999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
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
98 419
47 579
12 220
37 534
After tax
23 081
73 921
109 280
83 966
Living cost
40 080
40 080
40 080
40 080
Free-cash
-16 999
33 841
69 200
43 886

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39677
₽29235
₽37108
₽38734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 738
surtax
-
-
-
-
social contributions

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

-
-
-
42 222
total
-
-
-
54 960
Employee
43 155
-
98 181
-
surtax
-
-
-
-
social contributions
4 747
-
10 799
-
income
8 976
-
28 715
-
total
13 723
-
39 514
-
Employer
43 155
-
98 181
-
social contributions
10 249
-
23 319
-
total
10 249
-
23 319
-
Corporate
68 096
121 500
-
-
income
14 300
25 514
-
-
surtax
-
-
-
-
total
14 300
25 514
-
-
Dividends
53 796
95 986
-
-
withholding
15 062
26 877
-
-
total
15 062
26 877
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 334
52 391
62 833
54 960
After tax
68 166
69 109
58 667
66 540
Living cost
29 432
29 432
29 432
29 432
Free-cash
38 734
39 677
29 235
37 108

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15915
₽26354
₽23860
₽22366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 485
other
-
-
-
3 766
surtax
-
-
-
-
social contributions
-
-
-
3 462
health
-
-
-
3 771
pensions
-
-
-
25 837
total
-
-
-
52 321
Employee
58 768
-
96 579
-
pensions
6 647
-
5 653
-
surtax
-
-
-
-
social contributions
1 674
-
2 751
-
income
5 128
-
16 502
-
total
13 449
-
24 906
-
Employer
58 768
-
96 579
-
health
4 113
-
7 679
-
pensions
9 656
-
9 708
-
unemployment
2 381
-
3 912
-
social contributions
176
-
290
-
other
2 028
-
3 332
-
total
18 354
-
24 921
-
Corporate
44 378
121 500
-
-
income
12 425
34 020
-
-
surtax
-
-
-
-
total
12 425
34 020
-
-
Dividends
31 953
87 480
-
-
surtax
-
-
-
-
social contributions
5 497
15 048
-
-
withholding
4 090
11 198
-
-
total
9 587
26 246
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 815
60 266
49 827
52 321
After tax
67 685
61 234
71 673
69 179
Living cost
45 319
45 319
45 319
45 319
Free-cash
22 366
15 915
26 354
23 860

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81144
₽66014
₽62786
₽77993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 778
social contributions
-
-
-
26 731
total
-
-
-
30 509
Employee
30 166
-
105 195
-
income
-
-
4 138
-
social contributions
1 960
-
6 838
-
total
1 960
-
10 976
-
Employer
30 166
-
105 195
-
social contributions
4 676
-
16 305
-
total
4 676
-
16 305
-
Corporate
86 659
121 500
-
-
income
8 666
12 151
-
-
total
8 666
12 151
-
-
Dividends
77 992
109 349
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
15 302
12 151
27 281
30 509
After tax
106 198
109 349
94 219
90 991
Living cost
28 205
28 205
28 205
28 205
Free-cash
77 993
81 144
66 014
62 786

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽82926
-₽82926
₽28726
-₽82926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
labour market
-
-
-
9 655
municipal
-
-
-
24 009
national
-
-
-
13 110
pensions
-
-
-
813
total
-
-
-
47 587
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
159 239
159 239
159 239
47 587
After tax
-37 739
-37 739
-37 739
73 913
Living cost
45 187
45 187
45 187
45 187
Free-cash
-82 926
-82 926
-82 926
28 726

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10798
₽43734
₽62585
₽6674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
31 644
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
38 276
Employee
32 466
-
106 617
-
pensions
3 656
-
7 264
-
income
4 454
-
22 773
-
health
3 718
-
12 208
-
total
11 828
-
42 245
-
Employer
32 466
-
106 617
-
pensions
5 279
-
10 490
-
accident
542
-
1 780
-
unemployment
796
-
2 612
-
total
6 617
-
14 882
-
Corporate
82 417
121 500
-
-
income

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

74 176
109 350
-
-
total
74 176
109 350
-
-
Dividends
8 242
12 150
-
-
withholding
1 566
2 309
-
-
total
1 566
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
94 187
111 659
57 127
38 276
After tax
27 313
9 841
64 373
83 224
Living cost
20 639
20 639
20 639
20 639
Free-cash
6 674
-10 798
43 734
62 585

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42649
₽30498
₽47154
₽43088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
121 500
health
-
-
-
1 480
municipal
-
-
-
21 604
national
-
-
-
15 238
total
-
-
-
38 322
Employee
49 366
-
102 212
-
municipal
8 086
-
16 668
-
unemployment
741
-
1 533
-
pensions
3 332
-
6 900
-
national
816
-
9 410
-
health
369
-
1 182
-
total
13 344
-
35 693
-
Employer
49 366
-
102 212
-
health
379
-
787
-
pensions
8 565
-
17 733
-
accident
50
-
101
-
unemployment
321
-
664
-
total
9 315
-
19 285
-
Corporate
62 819
121 500
-
-
income
12 564
24 300
-
-
total
12 564
24 300
-
-
Dividends

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

37 692
72 900
-
-
municipal
6 784
13 121
-
-
national
381
5 406
-
-
total
7 165
18 527
-
-
Income
121 500
121 500
121 500
121 500
Total tax
42 388
42 827
54 978
38 322
After tax
79 112
78 673
66 522
83 178
Living cost
36 024
36 024
36 024
36 024
Free-cash
43 088
42 649
30 498
47 154

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67054
₽62053
₽63333
₽61947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 164
social contributions
-
-
-
15 181
health
-
-
-
3 098
total
-
-
-
36 443
Employee
72 151
72 151
111 363
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
17 616
-
health
559
1 227
1 893
-
total
11 143
13 894
27 586
-
Employer
72 151
72 151
111 363
-
health
607
1 335
2 060
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
10 137
-
Corporate
85 298
42 025
-
-
income
10 662
5 253
-
-
total
10 662
5 253
-
-
Dividends
74 635
36 772
-
-
withholding
12 689
6 252
-
-
total
12 689
6 252
-
-
Income
121 500
121 500
121 500
121 500
Total tax
37 829
32 722
37 723
36 443
After tax
83 671
88 778
83 777
85 057
Living cost
21 724
21 724
21 724
21 724
Free-cash
61 947
67 054
62 053
63 333

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85718
₽66391
₽85211
₽80942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 000
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
21 392
Employee

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

21 537
-
112 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
9 674
-
health
1 830
-
7 568
-
total
6 640
-
31 042
-
Employer

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

21 537
-
112 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
97 746
121 500
-
-
income
8 798
10 935
-
-
total
8 798
10 935
-
-
Dividends
88 948
110 565
-
-
withholding
8 006
9 950
-
-
total
8 006
9 950
-
-
Income
121 500
121 500
121 500
121 500
Total tax
25 661
20 885
40 212
21 392
After tax
95 839
100 615
81 288
100 108
Living cost
14 897
14 897
14 897
14 897
Free-cash
80 942
85 718
66 391
85 211

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55714
₽37450
₽41960
₽51077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
27 647
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
53 738
Employee
34 695
-
93 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
24 999
-
total
8 892
-
30 522
-
Employer
34 695
-
93 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
75 744
121 500
-
-
income

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

11 362
18 225
-
-
total
11 362
18 225
-
-
Dividends
64 382
103 275
-
-
withholding
13 306
21 759
-
-
total
13 306
21 759
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 621
39 984
58 248
53 738
After tax
76 879
81 516
63 252
67 762
Living cost
25 802
25 802
25 802
25 802
Free-cash
51 077
55 714
37 450
41 960

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73916
₽75824
₽75959
₽73604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
41 250
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
43 641
Employee
2 894
-
119 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
41 177
-
health
145
-
347
-
total
994
-
42 217
-
Employer
2 894
-
119 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
117 954
121 500
-
-
income
25 950
26 730
-
-
total
25 950
26 730
-
-
Dividends
92 004
94 770
-
-
withholding
18 401
18 954
-
-
total
18 401
18 954
-
-
Income
121 500
121 500
121 500
121 500
Total tax
45 996
45 684
43 776
43 641
After tax
75 504
75 816
77 724
77 859
Living cost
1 900
1 900
1 900
1 900
Free-cash
73 604
73 916
75 824
75 959

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71588
₽52679
₽52679
₽66979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 463
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
52 625
Employee

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

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

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

24 423
-
109 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
26 463
-
health
1 258
-
3 564
-
total
8 227
-
40 236
-
Employer

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

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

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

24 423
-
109 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
92 705
121 500
-
-
income
13 906
18 225
-
-
total
13 906
18 225
-
-
Dividends
78 799
103 275
-
-
withholding
11 820
15 491
-
-
total
11 820
15 491
-
-
Income
121 500
121 500
121 500
121 500
Total tax
38 325
33 716
52 625
52 625
After tax
83 175
87 784
68 875
68 875
Living cost
16 196
16 196
16 196
16 196
Free-cash
66 979
71 588
52 679
52 679

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43813
₽33371
₽41244
₽43477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 738
surtax
-
-
-
-
social contributions

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

-
-
-
42 222
total
-
-
-
54 960
Employee
36 418
-
98 181
-
surtax
-
-
-
-
social contributions
4 006
-
10 799
-
income
7 116
-
28 715
-
total
11 122
-
39 514
-
Employer
36 418
-
98 181
-
social contributions
8 648
-
23 319
-
total
8 648
-
23 319
-
Corporate
76 434
121 500
-
-
income
16 050
25 514
-
-
surtax
-
-
-
-
total
16 050
25 514
-
-
Dividends
60 383
95 986
-
-
withholding
16 907
26 877
-
-
total
16 907
26 877
-
-
Income
121 500
121 500
121 500
121 500
Total tax
52 727
52 391
62 833
54 960
After tax
68 773
69 109
58 667
66 540
Living cost
25 296
25 296
25 296
25 296
Free-cash
43 477
43 813
33 371
41 244

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48540
₽30276
₽34786
₽41667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
27 647
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
53 738
Employee
45 316
-
93 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
24 999
-
total
12 342
-
30 522
-
Employer
45 316
-
93 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
61 736
121 500
-
-
income

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

9 261
18 225
-
-
total
9 261
18 225
-
-
Dividends
52 475
103 275
-
-
withholding
10 807
21 759
-
-
total
10 807
21 759
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 857
39 984
58 248
53 738
After tax
74 643
81 516
63 252
67 762
Living cost
32 976
32 976
32 976
32 976
Free-cash
41 667
48 540
30 276
34 786

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
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.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87745
₽82683
₽78389
₽82028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
income
-
-
-
18 225
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
26 974
Employee
21 368
-
115 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
11 507
-
health
983
-
1 507
-
total
5 231
-
16 251
-
Employer
21 368
-
115 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
95 940
121 500
-
-
income
9 594
12 150
-
-
total
9 594
12 150
-
-
Dividends
86 345
109 350
-
-
withholding
4 317
5 468
-
-
total
4 317
5 468
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 335
17 618
22 680
26 974
After tax
98 165
103 882
98 820
94 526
Living cost
16 137
16 137
16 137
16 137
Free-cash
82 028
87 745
82 683
78 389

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26375
₽44364
₽33189
₽38652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
121 500
income

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

-
-
-
32 703
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.

-
-
-
1 798
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.

-
-
-
6 410
trade
-
-
-
11 175
total
-
-
-
52 086
Employee

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

46 686
-
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.

212
-
1 798
-
income

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

3 839
-
32 703
-
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.

6 410
-
6 410
-
total
10 461
-
40 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 814
121 500
-
-
income
11 221
18 225
-
-
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.

618
1 002
-
-
chamber of commerce
253
321
-
-
trade
10 735
17 436
-
-
total
22 827
36 984
-
-
Dividends
51 986
84 517
-
-
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.

694
1 143
-
-
withholding
12 641
20 773
-
-
total
13 335
21 916
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 623
58 900
40 911
52 086
After tax
74 877
62 600
80 589
69 414
Living cost
36 225
36 225
36 225
36 225
Free-cash
38 652
26 375
44 364
33 189

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31601
₽23570
₽23570
₽33670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 091
social contributions
-
-
-
11 389
total
-
-
-
44 480
Employee
73 396
-
121 500
-
income
13 850
-
33 091
-
social contributions
6 098
-
11 389
-
total
19 948
-
44 480
-
Employer
73 396
-
121 500
-
total
-
-
-
-
Corporate
48 104
121 500
-
-
income
6 013
15 187
-
-
total
6 013
15 187
-
-
Dividends
42 091
106 313
-
-
withholding
8 419
21 262
-
-
total
8 419
21 262
-
-
Income
121 500
121 500
121 500
121 500
Total tax
34 380
36 449
44 480
44 480
After tax
87 120
85 051
77 020
77 020
Living cost
53 450
53 450
53 450
53 450
Free-cash
33 670
31 601
23 570
23 570

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39957
₽55000
₽55043
₽43234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
117 184
-
income
4 671
-
23 807
-
social contributions
4 313
-
4 316
-
total
8 984
-
28 123
-
Employer
43 044
-
117 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
74 143
121 500
-
-
income
25 951
42 525
-
-
total
25 951
42 525
-
-
Dividends
48 193
78 975
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 205
47 482
32 439
32 396
After tax
77 295
74 018
89 061
89 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
43 234
39 957
55 000
55 043

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49421
₽37791
₽49029
₽50931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 094
pensions
-
-
-
7 562
total
-
-
-
37 656
Employee
47 789
-
106 541
-
pensions
3 648
-
9 620
-
income
8 703
-
22 601
-
health
623
-
1 714
-
total
12 974
-
33 935
-
Employer
47 789
-
106 541
-
health
908
-
2 025
-
pensions
4 828
-
12 934
-
total
5 736
-
14 959
-
Corporate
67 974
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.

12 916
23 084
-
-
total
12 916
23 084
-
-
Dividends
55 058
98 416
-
-
withholding
4 128
14 180
-
-
total
4 128
14 180
-
-
Income
121 500
121 500
121 500
121 500
Total tax
35 754
37 264
48 894
37 656
After tax
85 746
84 236
72 606
83 844
Living cost
34 815
34 815
34 815
34 815
Free-cash
50 931
49 421
37 791
49 029

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12841
₽41691
₽60542
₽6363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
31 644
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
38 276
Employee
35 680
-
106 617
-
pensions
4 018
-
7 264
-
income
4 895
-
22 773
-
health
4 085
-
12 208
-
total
12 998
-
42 245
-
Employer
35 680
-
106 617
-
pensions
5 801
-
10 490
-
accident
596
-
1 780
-
unemployment
874
-
2 612
-
total
7 271
-
14 882
-
Corporate
78 549
121 500
-
-
income

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

70 694
109 350
-
-
total
70 694
109 350
-
-
Dividends
7 855
12 150
-
-
withholding
1 492
2 309
-
-
total
1 492
2 309
-
-
Income
121 500
121 500
121 500
121 500
Total tax
92 455
111 659
57 127
38 276
After tax
29 045
9 841
64 373
83 224
Living cost
22 682
22 682
22 682
22 682
Free-cash
6 363
-12 841
41 691
60 542

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89565
₽68816
₽56040
₽85175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
121 500
income
-
-
-
19 370
unemployment
-
-
-
1 458
work injury
-
-
-
608
health insurance
-
-
-
8 991
pensions
-
-
-
22 356
total
-
-
-
52 783
Employee

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

20 283
-
121 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
19 370
-
total
7 605
-
40 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 217
121 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 012
1 215
-
-
total
1 012
1 215
-
-
Dividends
100 205
120 285
-
-
withholding
15 031
18 043
-
-
total
15 031
18 043
-
-
Income
121 500
121 500
121 500
121 500
Total tax
23 648
19 258
40 007
52 783
After tax
97 852
102 242
81 493
68 717
Living cost
12 677
12 677
12 677
12 677
Free-cash
85 175
89 565
68 816
56 040

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽26619
₽16077
₽21634
₽22350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
121 500
social contributions
-
-
-
31 250
regional
-
-
-
2 682
municipal
-
-
-
812
national
-
-
-
27 742
total
-
-
-
62 486
Employee
79 067
-
121 500
-
municipal
472
-
725
-
national
13 362
-
24 049
-
regional
1 194
-
2 299
-
social contributions
26 661
-
40 970
-
total
41 689
-
68 043
-
Employer
79 067
-
121 500
-
total
-
-
-
-
Corporate
42 433
121 500
-
-
municipal
2 046
5 856
-
-
nationa
10 183
29 159
-
-
total
12 229
35 015
-
-
Dividends
30 203
86 484
-
-
withholding
7 852
22 486
-
-
total
7 852
22 486
-
-
Income
121 500
121 500
121 500
121 500
Total tax
61 770
57 501
68 043
62 486
After tax
59 730
63 999
53 457
59 014
Living cost
37 380
37 380
37 380
37 380
Free-cash
22 350
26 619
16 077
21 634

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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