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
₽ 124500
per

Your estimated
City
free-cash

Dresden , Germany
₽41191
₽34731
₽45002
₽54000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
health

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

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

-
-
-
6 344
trade
-
-
-
12 809
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.

-
-
-
1 878
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.

-
-
-
34 152
total
-
-
-
55 183
Employee

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

35 517
-
124 500
-
health

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

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

6 344
-
6 344
-
surtax

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

55
-
1 878
-
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.

992
-
34 152
-
total
7 391
-
42 374
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 983
124 500
-
-
trade
14 014
19 609
-
-
chamber of commerce
270
321
-
-
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.

735
1 027
-
-
income
13 348
18 675
-
-
total
28 367
39 632
-
-
Dividends
60 616
84 867
-
-
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.

814
1 147
-
-
withholding
14 800
20 864
-
-
total
15 614
22 011
-
-
Income
124 500
124 500
124 500
124 500
Total tax
51 372
61 643
42 374
55 183
After tax
73 128
62 857
82 126
69 317
Living cost
28 126
28 126
28 126
28 126
Free-cash
45 002
34 731
54 000
41 191

Estimated living cost  is ₽28126 per week

₽17692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
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.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25628
₽29065
₽28256
₽26605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
municipal
-
-
-
13 324
social contributions
-
-
-
1 338
national
-
-
-
20 647
pensions
-
-
-
14 940
total
-
-
-
50 249
Employee
75 375
-
107 629
-
pensions
3 015
-
4 305
-
national
14 427
-
21 394
-
municipal
9 310
-
13 806
-
total
26 752
-
39 505
-
Employer
75 375
-
107 629
-
pensions
6 030
-
8 610
-
social contributions
810
-
1 157
-
total
6 840
-
9 767
-
Corporate
37 311
124 500
-
-
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%.

7 462
24 900
-
-
total
7 462
24 900
-
-
Dividends
29 848
99 600
-
-
withholding
6 567
21 912
-
-
total
6 567
21 912
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 621
46 812
49 272
50 249
After tax
76 879
77 688
75 228
74 251
Living cost
48 623
48 623
48 623
48 623
Free-cash
28 256
29 065
26 605
25 628

Estimated living cost  is ₽48623 per week

₽33048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18462
₽80282
₽72664
₽50496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
social contributions

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

-
-
-
35 578
income
-
-
-
19 394
microenterprise
-
-
-
-
surtax
-
-
-
31 747
total
-
-
-
86 719
Employee
27 134
-
100 330
-
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.

2 985
-
11 036
-
income
4 830
-
19 480
-
total
7 815
-
30 516
-
Employer
27 134
-
100 330
-
surtax
-
-
-
-
social contributions

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

6 536
-
24 170
-
total
6 536
-
24 170
-
Corporate
90 830
124 500
-
-
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%.

18 166
24 899
-
-
total
18 166
24 899
-
-
Dividends

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

72 664
99 601
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
32 517
24 899
54 686
86 719
After tax
91 983
99 601
69 814
37 781
Living cost
19 318
19 318
19 318
19 318
Free-cash
72 664
80 282
50 496
18 462

Estimated living cost  is ₽19318 per week

₽12325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32552
₽22156
₽16467
₽33032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
30 717
total
-
-
-
53 048
Employee
79 297
79 297
107 243
-
health
12 171
10 353
11 451
-
pensions
14 274
10 880
10 880
-
income

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

12 980
12 980
12 980
-
total
39 425
34 213
35 311
-
Employer
79 297
79 297
107 243
-
health
5 512
5 512
6 850
-
pensions
5 519
5 519
6 860
-
unemployment
2 855
2 855
3 547
-
total
13 886
13 886
17 257
-
Corporate
32 290
31 317
-
-
income
6 458
6 263
-
-
total
6 458
6 263
-
-
Dividends
25 831
25 054
-
-
income
5 489
5 323
-
-
withholding
3 875
3 759
-
-
total
9 364
9 082
-
-
Income
124 500
124 500
124 500
124 500
Total tax
69 133
63 444
52 568
53 048
After tax
55 367
61 056
71 932
71 452
Living cost
38 900
38 900
38 900
38 900
Free-cash
16 467
22 156
33 032
32 552

Estimated living cost  is ₽38900 per week

₽27567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27702
₽29542
₽28679
₽26665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
5 256
accident
-
-
-
168
other
-
-
-
9 788
municipal
-
-
-
29 849
pensions
-
-
-
9 106
national
-
-
-
4 112
unemployment
-
-
-
84
total
-
-
-
58 363
Employee
54 766
-
98 033
-
national
-
-
3 700
-
municipal
16 331
-
29 233
-
total
16 331
-
32 933
-
Employer
54 766
-
98 033
-
health
3 368
-
5 181
-
accident
110
-
168
-
pensions
5 920
-
9 106
-
other
6 364
-
9 788
-
unemployment
1 446
-
2 224
-
total
17 208
-
26 467
-
Corporate
52 526
124 500
-
-
income
11 556
27 390
-
-
total
11 556
27 390
-
-
Dividends
40 970
97 110
-
-
withholding
12 291
29 133
-
-
total
12 291
29 133
-
-
Income
124 500
124 500
124 500
124 500
Total tax
57 386
56 523
59 400
58 363
After tax
67 114
67 977
65 100
66 137
Living cost
38 435
38 435
38 435
38 435
Free-cash
28 679
29 542
26 665
27 702

Estimated living cost  is ₽38435 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32269
₽25740
₽38788
₽45647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
health

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

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

-
-
-
6 344
trade
-
-
-
13 378
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.

-
-
-
1 878
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.

-
-
-
34 152
total
-
-
-
55 752
Employee

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

47 090
-
124 500
-
health

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

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

6 344
-
6 344
-
surtax

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

222
-
1 878
-
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.

4 046
-
34 152
-
total
10 612
-
42 374
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 410
124 500
-
-
trade
12 733
20 480
-
-
chamber of commerce
250
317
-
-
surtax

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

638
1 027
-
-
income
11 611
18 675
-
-
total
25 232
40 499
-
-
Dividends
52 177
84 000
-
-
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.

698
1 135
-
-
withholding
12 691
20 647
-
-
total
13 389
21 782
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 233
62 281
42 374
55 752
After tax
75 267
62 219
82 126
68 748
Living cost
36 479
36 479
36 479
36 479
Free-cash
38 788
25 740
45 647
32 269

Estimated living cost  is ₽36479 per week

₽24397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56934
₽60832
₽56980
₽55669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
3 175
social contributions
-
-
-
15 024
income
-
-
-
19 248
total
-
-
-
37 447
Employee
71 404
71 404
114 390
-
health
710
1 214
1 945
-
social contributions
3 470
5 926
7 993
-
income
7 498
6 610
18 665
-
total
11 678
13 750
28 603
-
Employer
71 404
71 404
114 390
-
health
774
1 322
2 116
-
social contributions
3 470
5 926
7 993
-
total
4 244
7 248
10 109
-
Corporate
78 460
45 849
-
-
income
9 808
5 731
-
-
total
9 808
5 731
-
-
Dividends
68 652
40 118
-
-
withholding
11 671
6 820
-
-
total
11 671
6 820
-
-
Income
124 500
124 500
124 500
124 500
Total tax
37 401
33 549
38 712
37 447
After tax
87 099
90 951
85 788
87 053
Living cost
30 119
30 119
30 119
30 119
Free-cash
56 980
60 832
55 669
56 934

Estimated living cost  is ₽30119 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69393
₽53164
₽53516
₽55318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
8 715
pensions
-
-
-
12 450
unemployment
-
-
-
1 867
income
-
-
-
15 220
total
-
-
-
38 252
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.

24 330
9 683
104 184
-
health
1 703
678
7 293
-
pensions
2 433
968
10 418
-
unemployment
365
145
1 563
-
income
2 974
1 184
12 737
-
total
7 475
2 975
32 011
-
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.

24 330
9 683
104 184
-
pensions
4 744
1 888
20 316
-
total
4 744
1 888
20 316
-
Corporate
95 426
112 929
-
-
income
8 588
10 164
-
-
total
8 588
10 164
-
-
Dividends
86 837
102 765
-
-
social contributions
16 823
19 929
-
-
withholding
16 499
19 525
-
-
total
33 322
39 454
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 129
54 481
52 327
38 252
After tax
70 371
70 019
72 173
86 248
Living cost
16 855
16 855
16 855
16 855
Free-cash
53 516
53 164
55 318
69 393

Estimated living cost  is ₽16855 per week

₽11502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44305
₽77172
₽71402
₽49331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
16 185
pensions
-
-
-
24 899
income
-
-
-
16 682
total
-
-
-
57 766
Employee
26 342
-
93 049
-
pensions
527
-
1 861
-
unemployment
421
-
1 489
-
income
2 966
-
17 941
-
total
3 914
-
21 291
-
Employer
26 342
-
93 049
-
health
3 424
-
12 095
-
pensions
5 269
-
18 610
-
unemployment
211
-
744
-
total
8 904
-
31 449
-
Corporate
89 253
124 500
-
-
income
17 851
24 899
-
-
total
17 851
24 899
-
-
Dividends
71 403
99 601
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
30 669
24 899
52 740
57 766
After tax
93 831
99 601
71 760
66 734
Living cost
22 429
22 429
22 429
22 429
Free-cash
71 402
77 172
49 331
44 305

Estimated living cost  is ₽22429 per week

₽15384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64784
-₽10381
₽6946
₽45778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
32 770
total
-
-
-
39 250
Employee
32 195
-
109 730
-
health
3 686
-
12 564
-
pensions
3 625
-
7 097
-
income
4 417
-
23 826
-
total
11 728
-
43 487
-
Employer
32 195
-
109 730
-
accident
537
-
1 832
-
pensions
5 235
-
10 249
-
unemployment
789
-
2 688
-
total
6 561
-
14 769
-
Corporate
85 744
124 500
-
-
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.

77 170
112 050
-
-
total
77 170
112 050
-
-
Dividends
8 574
12 450
-
-
withholding
1 629
2 365
-
-
total
1 629
2 365
-
-
Income
124 500
124 500
124 500
124 500
Total tax
97 088
114 415
58 256
39 250
After tax
27 412
10 085
66 244
85 250
Living cost
20 466
20 466
20 466
20 466
Free-cash
6 946
-10 381
45 778
64 784

Estimated living cost  is ₽20466 per week

₽15000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115597
₽110617
₽109182
₽91942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
124 500
microenterprise

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

-
-
-
1 245
total
-
-
-
1 245
Employee
9 572
-
124 500
-
income
1 914
-
24 900
-
total
1 914
-
24 900
-
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%.

114 928
124 500
-
-
total
-
-
-
-
Dividends
114 928
124 500
-
-
withholding
5 746
6 225
-
-
total
5 746
6 225
-
-
Income
124 500
124 500
124 500
124 500
Total tax
7 660
6 225
24 900
1 245
After tax
116 840
118 275
99 600
123 255
Living cost
7 658
7 658
7 658
7 658
Free-cash
109 182
110 617
91 942
115 597

Estimated living cost  is ₽7658 per week

₽4746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41607
₽66727
₽60456
₽46760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
5 479
other
-
-
-
5 914
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.

-
-
-
29 879
income
-
-
-
16 878
total
-
-
-
58 150
Employee
33 716
-
99 440
-
health
472
-
1 392
-
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.

2 360
-
6 961
-
unemployment
337
-
994
-
income
5 805
-
18 594
-
total
8 974
-
27 941
-
Employer
33 716
-
99 440
-
health
472
-
1 392
-
accident
270
-
795
-
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.

5 732
-
16 904
-
other
1 686
-
4 971
-
unemployment
337
-
994
-
total
8 497
-
25 056
-
Corporate
82 287
124 500
-
-
income
17 280
26 145
-
-
total
17 280
26 145
-
-
Dividends
65 007
98 355
-
-
withholding
4 550
6 885
-
-
total
4 550
6 885
-
-
Income
124 500
124 500
124 500
124 500
Total tax
39 301
33 030
52 997
58 150
After tax
85 199
91 470
71 503
66 350
Living cost
24 743
24 743
24 743
24 743
Free-cash
60 456
66 727
46 760
41 607

Estimated living cost  is ₽24743 per week

₽17482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23657
₽23844
₽18825
₽12177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
pensions
-
-
-
7 545
income
-
-
-
31 527
total
-
-
-
39 072
Employee
87 396
-
109 112
-
health
1 440
-
1 731
-
pensions
8 431
-
9 561
-
income
15 754
-
23 872
-
total
25 625
-
35 164
-
Employer
87 396
-
109 112
-
health
1 660
-
2 073
-
pensions
10 319
-
13 315
-
total
11 979
-
15 388
-
Corporate
25 125
124 500
-
-
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.

4 774
23 655
-
-
total
4 774
23 655
-
-
Dividends
20 351
100 845
-
-
withholding
1 526
15 230
-
-
total
1 526
15 230
-
-
Income
124 500
124 500
124 500
124 500
Total tax
43 904
38 885
50 552
39 072
After tax
80 596
85 615
73 948
85 428
Living cost
61 771
61 771
61 771
61 771
Free-cash
18 825
23 844
12 177
23 657

Estimated living cost  is ₽61771 per week

₽46286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85036
₽94299
₽89996
₽89501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
18 675
total
-
-
-
27 316
Employee
16 086
-
118 150
-
health
740
-
1 489
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 412
-
2 842
-
income
1 608
-
11 815
-
total
3 937
-
16 502
-
Employer
16 086
-
118 150
-
health
1 110
-
2 233
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 773
-
3 566
-
unemployment
96
-
194
-
total
3 156
-
6 349
-
Corporate
105 258
124 500
-
-
income
10 526
12 450
-
-
total
10 526
12 450
-
-
Dividends
94 732
112 050
-
-
withholding
4 737
5 603
-
-
total
4 737
5 603
-
-
Income
124 500
124 500
124 500
124 500
Total tax
22 356
18 053
22 851
27 316
After tax
102 144
106 447
101 649
97 184
Living cost
12 148
12 148
12 148
12 148
Free-cash
89 996
94 299
89 501
85 036

Estimated living cost  is ₽12148 per week

₽7092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19961
₽9565
₽11902
₽20441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
30 717
total
-
-
-
53 048
Employee
86 091
79 297
107 243
-
health
10 740
10 353
11 451
-
pensions
10 880
10 880
10 880
-
income

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

12 980
12 980
12 980
-
total
34 600
34 213
35 311
-
Employer
86 091
79 297
107 243
-
health
5 983
5 512
6 850
-
pensions
5 991
5 519
6 860
-
unemployment
3 100
2 855
3 547
-
total
15 074
13 886
17 257
-
Corporate
23 335
31 317
-
-
income
4 666
6 263
-
-
total
4 666
6 263
-
-
Dividends
18 669
25 054
-
-
income
3 967
5 323
-
-
withholding
2 800
3 759
-
-
total
6 767
9 082
-
-
Income
124 500
124 500
124 500
124 500
Total tax
61 107
63 444
52 568
53 048
After tax
63 393
61 056
71 932
71 452
Living cost
51 491
51 491
51 491
51 491
Free-cash
11 902
9 565
20 441
19 961

Estimated living cost  is ₽51491 per week

₽37983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40768
₽62880
₽54733
₽40341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
16 807
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
-
income
-
-
-
11 224
total
-
-
-
60 894
Employee
33 586
-
92 910
-
health
4 534
-
12 543
-
solidarity contribution
-
-
-
-
social contributions
2 183
-
6 039
-
income
4 030
-
11 149
-
total
10 747
-
29 731
-
Employer
33 586
-
92 910
-
health
3 023
-
8 362
-
social contributions
8 396
-
23 228
-
total
11 419
-
31 590
-
Corporate
79 495
124 500
-
-
income
15 104
23 655
-
-
total
15 104
23 655
-
-
Dividends
64 391
100 845
-
-
withholding
9 659
15 127
-
-
total
9 659
15 127
-
-
Income
124 500
124 500
124 500
124 500
Total tax
46 929
38 782
61 321
60 894
After tax
77 571
85 718
63 179
63 606
Living cost
22 838
22 838
22 838
22 838
Free-cash
54 733
62 880
40 341
40 768

Estimated living cost  is ₽22838 per week

₽15864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
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.
₽4901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22470
₽27243
₽22394
₽16543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
regional
-
-
-
1 429
municipal
-
-
-
740
social contributions
-
-
-
32 022
national
-
-
-
28 656
total
-
-
-
62 847
Employee
82 527
-
124 500
-
regional
779
-
1 258
-
national
14 300
-
24 873
-
social contributions
27 828
-
41 982
-
municipal
437
-
661
-
total
43 344
-
68 774
-
Employer
82 527
-
124 500
-
total
-
-
-
-
Corporate
41 973
124 500
-
-
nationa
10 074
29 879
-
-
municipal
1 637
4 855
-
-
total
11 711
34 734
-
-
Dividends
30 262
89 766
-
-
withholding
7 868
23 340
-
-
total
7 868
23 340
-
-
Income
124 500
124 500
124 500
124 500
Total tax
62 923
58 074
68 774
62 847
After tax
61 577
66 426
55 726
61 653
Living cost
39 183
39 183
39 183
39 183
Free-cash
22 394
27 243
16 543
22 470

Estimated living cost  is ₽39183 per week

₽27314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38584
₽57821
₽54929
₽36449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
27 777
surtax
-
-
-
3 852
total
-
-
-
65 425
Employee
30 708
-
102 850
-
health
784
-
2 622
-
pensions
2 048
-
6 860
-
unemployment
2 138
-
7 158
-
surtax
100
-
3 516
-
income
5 147
-
25 754
-
other
-
-
-
-
total
10 217
-
45 910
-
Employer
30 708
-
102 850
-
health
1 397
-
4 680
-
pensions
4 094
-
13 710
-
other
-
-
-
-
unemployment
973
-
3 260
-
total
6 464
-
21 650
-
Corporate
87 329
124 500
-
-
income
22 705
32 369
-
-
total
22 705
32 369
-
-
Dividends
64 623
92 131
-
-
withholding
9 694
13 819
-
-
total
9 694
13 819
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 080
46 188
67 560
65 425
After tax
75 420
78 312
56 940
59 075
Living cost
20 491
20 491
20 491
20 491
Free-cash
54 929
57 821
36 449
38 584

Estimated living cost  is ₽20491 per week

₽12529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43228
₽43415
₽43815
₽31748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
pensions
-
-
-
7 545
income
-
-
-
31 527
total
-
-
-
39 072
Employee
58 571
-
109 112
-
health
850
-
1 731
-
pensions
4 971
-
9 561
-
income
10 549
-
23 872
-
total
16 370
-
35 164
-
Employer
58 571
-
109 112
-
health
1 113
-
2 073
-
pensions
6 340
-
13 315
-
total
7 453
-
15 388
-
Corporate
58 476
124 500
-
-
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.

11 110
23 655
-
-
total
11 110
23 655
-
-
Dividends
47 366
100 845
-
-
withholding
3 552
15 230
-
-
total
3 552
15 230
-
-
Income
124 500
124 500
124 500
124 500
Total tax
38 485
38 885
50 552
39 072
After tax
86 015
85 615
73 948
85 428
Living cost
42 200
42 200
42 200
42 200
Free-cash
43 815
43 415
31 748
43 228

Estimated living cost  is ₽42200 per week

₽31616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27548
-₽18237
₽13925
₽21404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
280
city
-
-
-
1 313
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.

-
-
-
2 490
regional
-
-
-
5 012
pensions
-
-
-
11 454
national
-
-
-
1 234
total
-
-
-
21 783
Employee
87 967
-
111 435
-
health
199
-
251
-
regional
2 880
-
4 313
-
pensions
7 390
-
9 360
-
unemployment
-
-
-
-
national
416
-
967
-
city
944
-
1 197
-
total
11 829
-
16 088
-
Employer
87 967
-
111 435
-
health
199
-
251
-
pensions
7 390
-
9 360
-
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.

1 759
-
2 228
-
unemployment
-
-
-
-
total
9 348
-
11 839
-
Corporate
26 218
124 500
-
-
national
2 228
10 582
-
-
regional
5 545
26 332
-
-
total
7 773
36 914
-
-
Dividends
18 445
87 587
-
-
withholding
6 456
30 654
-
-
total
6 456
30 654
-
-
Income
124 500
124 500
124 500
124 500
Total tax
35 406
67 568
27 927
21 783
After tax
89 094
56 932
96 573
102 717
Living cost
75 169
75 169
75 169
75 169
Free-cash
13 925
-18 237
21 404
27 548

Estimated living cost  is ₽75169 per week

₽48881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25639
₽19039
₽34096
₽39587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
health

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

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

-
-
-
6 344
trade
-
-
-
13 948
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.

-
-
-
1 878
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.

-
-
-
34 152
total
-
-
-
56 322
Employee

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

55 806
-
124 500
-
health

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

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

6 344
-
6 344
-
surtax

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

361
-
1 878
-
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.

6 562
-
34 152
-
total
13 267
-
42 374
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 694
124 500
-
-
trade
11 782
21 352
-
-
chamber of commerce
238
315
-
-
surtax

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

567
1 027
-
-
income
10 303
18 675
-
-
total
22 890
41 369
-
-
Dividends
45 803
83 130
-
-
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.

610
1 124
-
-
withholding
11 098
20 429
-
-
total
11 708
21 553
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 865
62 922
42 374
56 322
After tax
76 635
61 578
82 126
68 178
Living cost
42 539
42 539
42 539
42 539
Free-cash
34 096
19 039
39 587
25 639

Estimated living cost  is ₽42539 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39023
₽30981
₽36460
₽41027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
4 046
other
-
-
-
3 859
pensions
-
-
-
25 922
social contributions
-
-
-
3 547
income
-
-
-
16 333
surtax
-
-
-
-
total
-
-
-
53 707
Employee
39 742
-
98 654
-
pensions
4 494
-
5 907
-
surtax
-
-
-
-
social contributions
1 133
-
2 811
-
income
2 345
-
17 138
-
total
7 972
-
25 856
-
Employer
39 742
-
98 654
-
health
2 782
-
8 000
-
pensions
6 529
-
10 114
-
other
1 371
-
3 442
-
social contributions
120
-
296
-
unemployment
1 609
-
3 995
-
total
12 411
-
25 847
-
Corporate
72 347
124 500
-
-
surtax
-
-
-
-
income
20 258
34 859
-
-
total
20 258
34 859
-
-
Dividends
52 089
89 641
-
-
social contributions
8 961
15 417
-
-
surtax
-
-
-
-
withholding
6 668
11 473
-
-
total
15 629
26 890
-
-
Income
124 500
124 500
124 500
124 500
Total tax
56 270
61 749
51 703
53 707
After tax
68 230
62 751
72 797
70 793
Living cost
31 770
31 770
31 770
31 770
Free-cash
36 460
30 981
41 027
39 023

Estimated living cost  is ₽31770 per week

₽20032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42171
₽34129
₽39286
₽44175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
4 046
other
-
-
-
3 859
pensions
-
-
-
25 922
social contributions
-
-
-
3 547
income
-
-
-
16 333
surtax
-
-
-
-
total
-
-
-
53 707
Employee
35 475
-
98 654
-
pensions
4 012
-
5 907
-
surtax
-
-
-
-
social contributions
1 011
-
2 811
-
income
1 829
-
17 138
-
total
6 852
-
25 856
-
Employer
35 475
-
98 654
-
health
2 483
-
8 000
-
pensions
5 829
-
10 114
-
other
1 225
-
3 442
-
social contributions
106
-
296
-
unemployment
1 436
-
3 995
-
total
11 079
-
25 847
-
Corporate
77 946
124 500
-
-
surtax
-
-
-
-
income
21 824
34 859
-
-
total
21 824
34 859
-
-
Dividends
56 122
89 641
-
-
social contributions
9 653
15 417
-
-
surtax
-
-
-
-
withholding
7 184
11 473
-
-
total
16 837
26 890
-
-
Income
124 500
124 500
124 500
124 500
Total tax
56 592
61 749
51 703
53 707
After tax
67 908
62 751
72 797
70 793
Living cost
28 622
28 622
28 622
28 622
Free-cash
39 286
34 129
44 175
42 171

Estimated living cost  is ₽28622 per week

₽16600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
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.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60265
₽56266
₽56750
₽58846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
8 689
social contributions
-
-
-
17 181
income
-
-
-
18 675
total
-
-
-
44 545
Employee
31 485
-
124 500
-
health
2 197
-
8 689
-
social contributions
4 345
-
17 181
-
income
5 251
-
20 094
-
total
11 793
-
45 964
-
Employer
31 485
-
124 500
-
total
-
-
-
-
Corporate
93 015
124 500
-
-
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%.

4 650
6 226
-
-
total
4 650
6 226
-
-
Dividends
88 365
118 274
-
-
social contributions
12 194
16 321
-
-
health
6 168
8 256
-
-
withholding
13 255
17 741
-
-
total
31 617
42 318
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 060
48 544
45 964
44 545
After tax
76 440
75 956
78 536
79 955
Living cost
19 690
19 690
19 690
19 690
Free-cash
56 750
56 266
58 846
60 265

Estimated living cost  is ₽19690 per week

₽13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30154
₽36538
₽35102
₽979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
26 882
chamber of commerce
-
-
-
499
surtax
-
-
-
183
total
-
-
-
61 626
Employee
46 406
37 005
96 534
-
health
1 796
1 433
3 736
-
pensions
4 753
3 789
9 886
-
unemployment
1 392
1 110
2 895
-
income
5 283
2 730
22 101
-
other
463
370
966
-
total
13 687
9 432
39 584
-
Employer
46 406
37 005
96 534
-
payroll
1 392
1 110
2 895
-
health
1 753
1 399
3 649
-
surtax
183
183
183
-
accident
603
481
1 255
-
pensions
5 824
4 645
12 115
-
chamber of commerce
185
148
386
-
other
2 204
1 757
4 585
-
unemployment
1 392
1 110
2 895
-
total
13 536
10 833
27 963
-
Corporate
64 557
76 661
93 012
-
income

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

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

16 140
19 165
23 254
-
total
16 140
19 165
23 254
-
Dividends
48 417
57 495
-
-
withholding
13 315
15 812
-
-
total
13 315
15 812
-
-
Income
124 500
124 500
124 500
124 500
Total tax
56 678
55 242
90 801
61 626
After tax
67 822
69 258
33 699
62 874
Living cost
32 720
32 720
32 720
32 720
Free-cash
35 102
36 538
979
30 154

Estimated living cost  is ₽32720 per week

₽21823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21400
₽35852
₽21927
₽12158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
social contributions
-
-
-
19 668
national
-
-
-
43 286
communal

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

-
-
-
6 289
total
-
-
-
69 243
Employee

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

66 422
-
96 430
-
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.

3 121
-
4 532
-
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.

4 982
-
7 232
-
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.

578
-
839
-
national
20 421
-
32 783
-
communal

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

3 464
-
5 029
-
total
32 566
-
50 415
-
Employer

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

66 422
-
96 430
-
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.

4 085
-
5 930
-
surtax
7 531
-
10 936
-
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.

863
-
1 253
-
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.

5 886
-
8 543
-
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.

969
-
1 408
-
total
19 334
-
28 070
-
Corporate
38 743
124 500
-
-
surtax
155
499
-
-
income
7 748
24 899
-
-
total
7 903
25 398
-
-
Dividends
30 840
99 102
-
-
withholding

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

8 913
29 393
-
-
total
8 913
29 393
-
-
Income
124 500
124 500
124 500
124 500
Total tax
68 716
54 791
78 485
69 243
After tax
55 784
69 709
46 015
55 257
Living cost
33 857
33 857
33 857
33 857
Free-cash
21 927
35 852
12 158
21 400

Estimated living cost  is ₽33857 per week

₽21809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36207
₽49925
₽42878
₽31746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
accident
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
28 937
total
-
-
-
54 758
Employee
46 223
-
97 061
-
pensions
2 173
-
4 046
-
unemployment
717
-
1 334
-
other
46
-
86
-
income
9 753
-
26 315
-
total
12 689
-
31 781
-
Employer
46 223
-
97 061
-
accident
915
-
1 704
-
pensions
10 908
-
20 312
-
other
368
-
689
-
unemployment
2 543
-
4 733
-
total
14 734
-
27 438
-
Corporate
63 544
124 500
-
-
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.

9 532
18 675
-
-
total
9 532
18 675
-
-
Dividends
54 012
105 825
-
-
withholding
11 132
22 365
-
-
total
11 132
22 365
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 087
41 040
59 219
54 758
After tax
76 413
83 460
65 281
69 742
Living cost
33 535
33 535
33 535
33 535
Free-cash
42 878
49 925
31 746
36 207

Estimated living cost  is ₽33535 per week

₽24695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15464
₽24289
₽14671
₽20428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
8 747
accident
-
-
-
1 050
pensions
-
-
-
18 661
communal
-
-
-
7 868
income
-
-
-
16 074
surtax
-
-
-
6 173
total
-
-
-
58 573
Employee
70 321
-
111 210
-
health
3 130
-
4 950
-
pensions
5 625
-
8 897
-
surtax
4 310
-
6 816
-
income
6 792
-
19 656
-
total
19 857
-
40 319
-
Employer
70 321
-
111 210
-
health
2 145
-
3 392
-
accident
633
-
1 001
-
pensions
5 625
-
8 897
-
total
8 403
-
13 290
-
Corporate
45 777
124 500
-
-
communal
3 089
8 404
-
-
surtax
481
1 308
-
-
income
6 867
18 675
-
-
total
10 437
28 387
-
-
Dividends
35 340
96 113
-
-
income
15 368
6 945
-
-
withholding
5 301
14 416
-
-
total
20 669
21 361
-
-
Income
124 500
124 500
124 500
124 500
Total tax
59 366
49 748
53 609
58 573
After tax
65 134
74 752
70 891
65 927
Living cost
50 463
50 463
50 463
50 463
Free-cash
14 671
24 289
20 428
15 464

Estimated living cost  is ₽50463 per week

₽37855
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.
₽9015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38218
₽57455
₽54502
₽36083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
27 777
surtax
-
-
-
3 852
total
-
-
-
65 425
Employee
31 271
-
102 850
-
health
798
-
2 622
-
pensions
2 086
-
6 860
-
unemployment
2 176
-
7 158
-
surtax
111
-
3 516
-
income
5 242
-
25 754
-
other
-
-
-
-
total
10 413
-
45 910
-
Employer
31 271
-
102 850
-
health
1 422
-
4 680
-
pensions
4 169
-
13 710
-
other
-
-
-
-
unemployment
992
-
3 260
-
total
6 583
-
21 650
-
Corporate
86 645
124 500
-
-
income
22 527
32 369
-
-
total
22 527
32 369
-
-
Dividends
64 118
92 131
-
-
withholding
9 618
13 819
-
-
total
9 618
13 819
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 141
46 188
67 560
65 425
After tax
75 359
78 312
56 940
59 075
Living cost
20 857
20 857
20 857
20 857
Free-cash
54 502
57 455
36 083
38 218

Estimated living cost  is ₽20857 per week

₽12592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36191
₽40427
₽38364
₽30295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
regional
-
-
-
1 877
municipal
-
-
-
740
social contributions
-
-
-
32 022
national
-
-
-
28 656
total
-
-
-
63 295
Employee
51 510
-
124 500
-
regional
693
-
1 675
-
national
8 161
-
24 873
-
social contributions
17 370
-
41 982
-
municipal
273
-
661
-
total
26 497
-
69 191
-
Employer
51 510
-
124 500
-
total
-
-
-
-
Corporate
72 990
124 500
-
-
nationa
17 518
29 879
-
-
municipal
3 628
6 187
-
-
total
21 146
36 066
-
-
Dividends
51 844
88 434
-
-
withholding
13 479
22 993
-
-
total
13 479
22 993
-
-
Income
124 500
124 500
124 500
124 500
Total tax
61 122
59 059
69 191
63 295
After tax
63 378
65 441
55 309
61 205
Living cost
25 014
25 014
25 014
25 014
Free-cash
38 364
40 427
30 295
36 191

Estimated living cost  is ₽25014 per week

₽15556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35463
₽57575
₽47535
₽35036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
16 807
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
-
income
-
-
-
11 224
total
-
-
-
60 894
Employee
41 386
-
92 910
-
health
5 587
-
12 543
-
solidarity contribution
-
-
-
-
social contributions
2 690
-
6 039
-
income
4 966
-
11 149
-
total
13 243
-
29 731
-
Employer
41 386
-
92 910
-
health
3 725
-
8 362
-
social contributions
10 347
-
23 228
-
total
14 072
-
31 590
-
Corporate
69 042
124 500
-
-
income
13 118
23 655
-
-
total
13 118
23 655
-
-
Dividends
55 924
100 845
-
-
withholding
8 389
15 127
-
-
total
8 389
15 127
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 822
38 782
61 321
60 894
After tax
75 678
85 718
63 179
63 606
Living cost
28 143
28 143
28 143
28 143
Free-cash
47 535
57 575
35 036
35 463

Estimated living cost  is ₽28143 per week

₽20929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33432
₽39733
₽39273
₽4105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
26 882
chamber of commerce
-
-
-
499
surtax
-
-
-
-
total
-
-
-
61 443
Employee
40 591
37 005
96 677
-
health
1 570
1 433
3 741
-
pensions
4 157
3 789
9 900
-
unemployment
1 218
1 110
2 901
-
income
3 616
2 730
22 149
-
other
405
370
967
-
total
10 966
9 432
39 658
-
Employer
40 591
37 005
96 677
-
payroll
1 218
1 110
2 901
-
health
1 535
1 399
3 655
-
surtax
-
-
-
-
accident
527
481
1 256
-
pensions
5 094
4 645
12 132
-
chamber of commerce
162
148
386
-
other
1 928
1 757
4 592
-
unemployment
1 218
1 110
2 901
-
total
11 682
10 650
27 823
-
Corporate
72 228
76 844
93 153
-
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.

18 057
19 211
23 289
-
total
18 057
19 211
23 289
-
Dividends
54 171
57 633
-
-
withholding
14 897
15 849
-
-
total
14 897
15 849
-
-
Income
124 500
124 500
124 500
124 500
Total tax
55 602
55 142
90 770
61 443
After tax
68 898
69 358
33 730
63 057
Living cost
29 625
29 625
29 625
29 625
Free-cash
39 273
39 733
4 105
33 432

Estimated living cost  is ₽29625 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111322
₽106342
₽104105
₽87667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
124 500
microenterprise

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

-
-
-
1 245
total
-
-
-
1 245
Employee
14 916
-
124 500
-
income
2 983
-
24 900
-
total
2 983
-
24 900
-
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%.

109 584
124 500
-
-
total
-
-
-
-
Dividends
109 584
124 500
-
-
withholding
5 479
6 225
-
-
total
5 479
6 225
-
-
Income
124 500
124 500
124 500
124 500
Total tax
8 462
6 225
24 900
1 245
After tax
116 038
118 275
99 600
123 255
Living cost
11 933
11 933
11 933
11 933
Free-cash
104 105
106 342
87 667
111 322

Estimated living cost  is ₽11933 per week

₽8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37882
₽60812
₽53044
₽34550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
health
-
-
-
12 251
pensions
-
-
-
22 737
unemployment
-
-
-
187
income
-
-
-
26 536
total
-
-
-
61 711
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.

41 062
-
107 728
-
health
2 652
-
6 959
-
pensions
6 365
-
16 698
-
unemployment
58
-
152
-
income
7 081
-
24 462
-
total
16 156
-
48 271
-
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.

41 062
-
107 728
-
health
2 735
-
7 174
-
pensions
3 634
-
9 533
-
unemployment
25
-
65
-
total
6 394
-
16 772
-
Corporate
77 045
124 500
-
-
income
14 638
23 655
-
-
total
14 638
23 655
-
-
Dividends
62 406
100 845
-
-
withholding
9 361
15 126
-
-
total
9 361
15 126
-
-
Income
124 500
124 500
124 500
124 500
Total tax
46 549
38 781
65 043
61 711
After tax
77 951
85 719
59 457
62 789
Living cost
24 907
24 907
24 907
24 907
Free-cash
53 044
60 812
34 550
37 882

Estimated living cost  is ₽24907 per week

₽17093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43874
₽33580
-₽21209
₽69478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
social contributions
-
-
-
14 193
income
-
-
-
24 267
total
-
-
-
38 460
Employee
60 460
-
-
-
social contributions
4 958
-
707
-
income
13 336
-
-
-
total
18 294
-
707
-
Employer
60 460
-
-
-
social contributions
85 249
-
12 149
-
total
85 249
-
12 149
-
Corporate
-
124 500
-
-
income
-
27 390
-
-
total
-
27 390
-
-
Dividends
-
97 110
-
-
income
-
21 364
-
-
total
-
21 364
-
-
Income
124 500
124 500
124 500
124 500
Total tax
103 543
48 754
12 856
38 460
After tax
20 957
75 746
111 644
86 040
Living cost
42 166
42 166
42 166
42 166
Free-cash
-21 209
33 580
69 478
43 874

Estimated living cost  is ₽42166 per week

₽27359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38869
₽41689
₽40753
₽30618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
social contributions

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

-
-
-
43 263
income
-
-
-
13 241
surtax
-
-
-
-
total
-
-
-
56 504
Employee
42 708
-
100 605
-
surtax
-
-
-
-
social contributions
4 698
-
11 066
-
income
8 883
-
29 796
-
total
13 581
-
40 862
-
Employer
42 708
-
100 605
-
social contributions
10 143
-
23 893
-
total
10 143
-
23 893
-
Corporate
71 649
124 500
-
-
surtax
-
-
-
-
income
15 047
26 145
-
-
total
15 047
26 145
-
-
Dividends
56 602
98 355
-
-
withholding
15 849
27 539
-
-
total
15 849
27 539
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 620
53 684
64 755
56 504
After tax
69 880
70 816
59 745
67 996
Living cost
29 127
29 127
29 127
29 127
Free-cash
40 753
41 689
30 618
38 869

Estimated living cost  is ₽29127 per week

₽21793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25944
₽17902
₽24283
₽27948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
4 046
other
-
-
-
3 859
pensions
-
-
-
25 922
social contributions
-
-
-
3 547
income
-
-
-
16 333
surtax
-
-
-
-
total
-
-
-
53 707
Employee
58 159
-
98 654
-
pensions
6 578
-
5 907
-
surtax
-
-
-
-
social contributions
1 656
-
2 811
-
income
5 075
-
17 138
-
total
13 309
-
25 856
-
Employer
58 159
-
98 654
-
health
4 071
-
8 000
-
pensions
9 556
-
10 114
-
other
2 007
-
3 442
-
social contributions
174
-
296
-
unemployment
2 356
-
3 995
-
total
18 164
-
25 847
-
Corporate
48 177
124 500
-
-
surtax
-
-
-
-
income
13 489
34 859
-
-
total
13 489
34 859
-
-
Dividends
34 687
89 641
-
-
social contributions
5 965
15 417
-
-
surtax
-
-
-
-
withholding
4 441
11 473
-
-
total
10 406
26 890
-
-
Income
124 500
124 500
124 500
124 500
Total tax
55 368
61 749
51 703
53 707
After tax
69 132
62 751
72 797
70 793
Living cost
44 849
44 849
44 849
44 849
Free-cash
24 283
17 902
27 948
25 944

Estimated living cost  is ₽44849 per week

₽30353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65126
₽84137
₽81019
₽68435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
income
-
-
-
4 072
social contributions
-
-
-
27 389
total
-
-
-
31 461
Employee
29 853
-
107 791
-
social contributions
1 940
-
7 006
-
income
-
-
4 439
-
total
1 940
-
11 445
-
Employer
29 853
-
107 791
-
social contributions
4 627
-
16 707
-
total
4 627
-
16 707
-
Corporate
90 020
124 500
-
-
income
9 001
12 450
-
-
total
9 001
12 450
-
-
Dividends
81 018
112 050
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
15 568
12 450
28 152
31 461
After tax
108 932
112 050
96 348
93 039
Living cost
27 913
27 913
27 913
27 913
Free-cash
81 019
84 137
68 435
65 126

Estimated living cost  is ₽27913 per week

₽18048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
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.
₽7235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31173
-₽76620
-₽76620
-₽76620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
municipal
-
-
-
24 803
labour market
-
-
-
9 896
national
-
-
-
13 372
pensions
-
-
-
800
total
-
-
-
48 871
Employee
187 638
187 638
187 638
-
pensions
267
267
267
-
labour market
14 990
14 990
14 990
-
national
22 923
22 923
22 923
-
municipal
39 957
39 957
39 957
-
total
78 137
78 137
78 137
-
Employer
187 638
187 638
187 638
-
municipal
40 020
40 020
40 020
-
labour market
15 011
15 011
15 011
-
national
22 963
22 963
22 963
-
pensions
533
533
533
-
total
78 527
78 527
78 527
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
156 664
156 664
156 664
48 871
After tax
-32 164
-32 164
-32 164
75 629
Living cost
44 456
44 456
44 456
44 456
Free-cash
-76 620
-76 620
-76 620
31 173

Estimated living cost  is ₽44456 per week

₽30426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽684
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65086
-₽10079
₽6991
₽46080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
32 770
total
-
-
-
39 250
Employee
31 720
-
109 730
-
health
3 632
-
12 564
-
pensions
3 572
-
7 097
-
income
4 352
-
23 826
-
total
11 556
-
43 487
-
Employer
31 720
-
109 730
-
accident
530
-
1 832
-
pensions
5 158
-
10 249
-
unemployment
777
-
2 688
-
total
6 465
-
14 769
-
Corporate
86 315
124 500
-
-
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.

77 684
112 050
-
-
total
77 684
112 050
-
-
Dividends
8 632
12 450
-
-
withholding
1 640
2 365
-
-
total
1 640
2 365
-
-
Income
124 500
124 500
124 500
124 500
Total tax
97 345
114 415
58 256
39 250
After tax
27 155
10 085
66 244
85 250
Living cost
20 164
20 164
20 164
20 164
Free-cash
6 991
-10 079
46 080
65 086

Estimated living cost  is ₽20164 per week

₽14677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49214
₽44713
₽45439
₽32143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
124 500
health
-
-
-
1 530
municipal
-
-
-
22 135
national
-
-
-
15 970
total
-
-
-
39 635
Employee
48 855
-
104 737
-
health
365
-
1 225
-
pensions
3 297
-
7 070
-
unemployment
733
-
1 572
-
national
807
-
10 000
-
municipal
8 002
-
17 077
-
total
13 204
-
36 944
-
Employer
48 855
-
104 737
-
health
375
-
807
-
accident
49
-
104
-
pensions
8 476
-
18 171
-
unemployment
317
-
680
-
total
9 217
-
19 762
-
Corporate
66 427
124 500
-
-
income
13 285
24 899
-
-
total
13 285
24 899
-
-
Dividends

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

39 857
74 700
-
-
national
530
5 792
-
-
municipal
7 174
13 445
-
-
total
7 704
19 237
-
-
Income
124 500
124 500
124 500
124 500
Total tax
43 410
44 136
56 706
39 635
After tax
81 090
80 364
67 794
84 865
Living cost
35 651
35 651
35 651
35 651
Free-cash
45 439
44 713
32 143
49 214

Estimated living cost  is ₽35651 per week

₽23287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65554
₽69452
₽64398
₽64289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
3 175
social contributions
-
-
-
15 024
income
-
-
-
19 248
total
-
-
-
37 447
Employee
71 404
71 404
114 390
-
health
553
1 214
1 945
-
social contributions
2 700
5 926
7 993
-
income
7 775
6 610
18 665
-
total
11 028
13 750
28 603
-
Employer
71 404
71 404
114 390
-
health
601
1 322
2 116
-
social contributions
2 700
5 926
7 993
-
total
3 301
7 248
10 109
-
Corporate
88 673
45 849
-
-
income
11 084
5 731
-
-
total
11 084
5 731
-
-
Dividends
77 589
40 118
-
-
withholding
13 190
6 820
-
-
total
13 190
6 820
-
-
Income
124 500
124 500
124 500
124 500
Total tax
38 603
33 549
38 712
37 447
After tax
85 897
90 951
85 788
87 053
Living cost
21 499
21 499
21 499
21 499
Free-cash
64 398
69 452
64 289
65 554

Estimated living cost  is ₽21499 per week

₽12885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88120
₽88355
₽83630
₽69492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
124 500
health
-
-
-
3 360
pensions
-
-
-
5 907
unemployment
-
-
-
26
income
-
-
-
12 344
total
-
-
-
21 637
Employee

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

21 314
-
115 425
-
health
1 812
-
7 489
-
pensions
3 197
-
13 216
-
unemployment
106
-
441
-
income
1 457
-
10 043
-
total
6 572
-
31 189
-
Employer

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

21 314
-
115 425
-
health
916
-
3 789
-
pensions
1 172
-
4 846
-
unemployment
106
-
441
-
total
2 194
-
9 076
-
Corporate
100 992
124 500
-
-
income
9 089
11 206
-
-
total
9 089
11 206
-
-
Dividends
91 903
113 294
-
-
withholding
8 272
10 196
-
-
total
8 272
10 196
-
-
Income
124 500
124 500
124 500
124 500
Total tax
26 127
21 402
40 265
21 637
After tax
98 373
103 098
84 235
102 863
Living cost
14 743
14 743
14 743
14 743
Free-cash
83 630
88 355
69 492
88 120

Estimated living cost  is ₽14743 per week

₽9406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44207
₽57925
₽53408
₽39746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
accident
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
28 937
total
-
-
-
54 758
Employee
34 335
-
97 061
-
pensions
1 614
-
4 046
-
unemployment
532
-
1 334
-
other
33
-
86
-
income
6 620
-
26 315
-
total
8 799
-
31 781
-
Employer
34 335
-
97 061
-
accident
680
-
1 704
-
pensions
8 102
-
20 312
-
other
275
-
689
-
unemployment
1 889
-
4 733
-
total
10 946
-
27 438
-
Corporate
79 218
124 500
-
-
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.

11 882
18 675
-
-
total
11 882
18 675
-
-
Dividends
67 336
105 825
-
-
withholding
13 930
22 365
-
-
total
13 930
22 365
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 557
41 040
59 219
54 758
After tax
78 943
83 460
65 281
69 742
Living cost
25 535
25 535
25 535
25 535
Free-cash
53 408
57 925
39 746
44 207

Estimated living cost  is ₽25535 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2455
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.
₽5398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78158
₽75945
₽75658
₽78034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
922
pensions
-
-
-
1 271
income
-
-
-
42 406
total
-
-
-
44 599
Employee
2 654
-
123 070
-
health
133
-
318
-
pensions
239
-
572
-
unemployment
27
-
64
-
income
513
-
42 339
-
total
912
-
43 293
-
Employer
2 654
-
123 070
-
health
252
-
604
-
pensions
292
-
699
-
unemployment
53
-
127
-
total
597
-
1 430
-
Corporate
121 249
124 500
-
-
income
26 675
27 390
-
-
total
26 675
27 390
-
-
Dividends
94 574
97 110
-
-
withholding
18 915
19 422
-
-
total
18 915
19 422
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 099
46 812
44 723
44 599
After tax
77 401
77 688
79 777
79 901
Living cost
1 743
1 743
1 743
1 743
Free-cash
75 658
75 945
78 034
78 158

Estimated living cost  is ₽1743 per week

₽1036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55309
₽73915
₽69354
₽55309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
health
-
-
-
7 058
pensions
-
-
-
17 817
unemployment
-
-
-
1 028
income
-
-
-
27 252
total
-
-
-
53 155
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.

24 181
-
112 234
-
health
1 245
-
3 529
-
pensions
3 385
-
9 594
-
unemployment
181
-
514
-
income
3 333
-
27 252
-
total
8 144
-
40 889
-
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.

24 181
-
112 234
-
health
1 245
-
3 529
-
pensions
2 902
-
8 223
-
unemployment
181
-
514
-
total
4 328
-
12 266
-
Corporate
95 991
124 500
-
-
income
14 399
18 675
-
-
total
14 399
18 675
-
-
Dividends
81 592
105 825
-
-
withholding
12 239
15 874
-
-
total
12 239
15 874
-
-
Income
124 500
124 500
124 500
124 500
Total tax
39 110
34 549
53 155
53 155
After tax
85 390
89 951
71 345
71 345
Living cost
16 036
16 036
16 036
16 036
Free-cash
69 354
73 915
55 309
55 309

Estimated living cost  is ₽16036 per week

₽10797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42962
₽45782
₽45446
₽34711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
social contributions

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

-
-
-
43 263
income
-
-
-
13 241
surtax
-
-
-
-
total
-
-
-
56 504
Employee
36 040
-
100 605
-
surtax
-
-
-
-
social contributions
3 965
-
11 066
-
income
7 042
-
29 796
-
total
11 007
-
40 862
-
Employer
36 040
-
100 605
-
social contributions
8 559
-
23 893
-
total
8 559
-
23 893
-
Corporate
79 901
124 500
-
-
surtax
-
-
-
-
income
16 779
26 145
-
-
total
16 779
26 145
-
-
Dividends
63 121
98 355
-
-
withholding
17 675
27 539
-
-
total
17 675
27 539
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 020
53 684
64 755
56 504
After tax
70 480
70 816
59 745
67 996
Living cost
25 034
25 034
25 034
25 034
Free-cash
45 446
45 782
34 711
42 962

Estimated living cost  is ₽25034 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37107
₽50825
₽44097
₽32646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
accident
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
28 937
total
-
-
-
54 758
Employee
44 846
-
97 061
-
pensions
2 108
-
4 046
-
unemployment
694
-
1 334
-
other
44
-
86
-
income
9 367
-
26 315
-
total
12 213
-
31 781
-
Employer
44 846
-
97 061
-
accident
888
-
1 704
-
pensions
10 584
-
20 312
-
other
359
-
689
-
unemployment
2 467
-
4 733
-
total
14 298
-
27 438
-
Corporate
65 355
124 500
-
-
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.

9 803
18 675
-
-
total
9 803
18 675
-
-
Dividends
55 553
105 825
-
-
withholding
11 454
22 365
-
-
total
11 454
22 365
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 768
41 040
59 219
54 758
After tax
76 732
83 460
65 281
69 742
Living cost
32 635
32 635
32 635
32 635
Free-cash
44 097
50 825
32 646
37 107

Estimated living cost  is ₽32635 per week

₽23437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81245
₽90508
₽84862
₽85710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
18 675
total
-
-
-
27 316
Employee
21 105
-
118 150
-
health
971
-
1 489
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

1 853
-
2 842
-
income
2 111
-
11 815
-
total
5 167
-
16 502
-
Employer
21 105
-
118 150
-
health
1 456
-
2 233
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

2 326
-
3 566
-
unemployment
127
-
194
-
total
4 141
-
6 349
-
Corporate
99 254
124 500
-
-
income
9 925
12 450
-
-
total
9 925
12 450
-
-
Dividends
89 329
112 050
-
-
withholding
4 466
5 603
-
-
total
4 466
5 603
-
-
Income
124 500
124 500
124 500
124 500
Total tax
23 699
18 053
22 851
27 316
After tax
100 801
106 447
101 649
97 184
Living cost
15 939
15 939
15 939
15 939
Free-cash
84 862
90 508
85 710
81 245

Estimated living cost  is ₽15939 per week

₽10542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34605
₽28286
₽40432
₽46276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
health

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

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

-
-
-
6 344
trade
-
-
-
11 671
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.

-
-
-
1 878
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.

-
-
-
34 152
total
-
-
-
54 045
Employee

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

46 203
-
124 500
-
health

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

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

6 344
-
6 344
-
surtax

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

210
-
1 878
-
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.

3 799
-
34 152
-
total
10 353
-
42 374
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 297
124 500
-
-
trade
11 236
17 867
-
-
chamber of commerce
256
324
-
-
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.

647
1 027
-
-
income
11 745
18 675
-
-
total
23 884
37 893
-
-
Dividends
54 415
86 606
-
-
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.

730
1 172
-
-
withholding
13 251
21 299
-
-
total
13 981
22 471
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 218
60 364
42 374
54 045
After tax
76 282
64 136
82 126
70 455
Living cost
35 850
35 850
35 850
35 850
Free-cash
40 432
28 286
46 276
34 605

Estimated living cost  is ₽35850 per week

₽24730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17286
₽34255
₽36303
₽17286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
income
-
-
-
34 452
social contributions
-
-
-
19 866
total
-
-
-
54 318
Employee
72 636
-
124 500
-
social contributions
6 035
-
19 866
-
income
13 706
-
34 452
-
total
19 741
-
54 318
-
Employer
72 636
-
124 500
-
total
-
-
-
-
Corporate
51 864
124 500
-
-
income
6 483
15 562
-
-
total
6 483
15 562
-
-
Dividends
45 381
108 938
-
-
withholding
9 077
21 787
-
-
total
9 077
21 787
-
-
Income
124 500
124 500
124 500
124 500
Total tax
35 301
37 349
54 318
54 318
After tax
89 199
87 151
70 182
70 182
Living cost
52 896
52 896
52 896
52 896
Free-cash
36 303
34 255
17 286
17 286

Estimated living cost  is ₽52896 per week

₽40243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58578
₽42311
₽45555
₽57199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
income
-
-
-
26 432
health

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

-
-
-
5 782
total
-
-
-
32 214
Employee
42 598
-
120 229
-
social contributions
4 268
-
4 271
-
income
4 622
-
25 051
-
total
8 890
-
29 322
-
Employer
42 598
-
120 229
-
social contributions
4 268
-
4 271
-
total
4 268
-
4 271
-
Corporate
77 634
124 500
-
-
income
27 173
43 575
-
-
total
27 173
43 575
-
-
Dividends
50 462
80 925
-
-
social contributions
4 906
4 906
-
-
total
4 906
4 906
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 237
48 481
33 593
32 214
After tax
79 263
76 019
90 907
92 286
Living cost
33 708
33 708
33 708
33 708
Free-cash
45 555
42 311
57 199
58 578

Estimated living cost  is ₽33708 per week

₽22203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51121
₽51308
₽53762
₽39641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
pensions
-
-
-
7 545
income
-
-
-
31 527
total
-
-
-
39 072
Employee
47 092
-
109 112
-
health
614
-
1 731
-
pensions
3 594
-
9 561
-
income
8 576
-
23 872
-
total
12 784
-
35 164
-
Employer
47 092
-
109 112
-
health
895
-
2 073
-
pensions
4 758
-
13 315
-
total
5 653
-
15 388
-
Corporate
71 756
124 500
-
-
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.

13 635
23 655
-
-
total
13 635
23 655
-
-
Dividends
58 121
100 845
-
-
withholding
4 359
15 230
-
-
total
4 359
15 230
-
-
Income
124 500
124 500
124 500
124 500
Total tax
36 431
38 885
50 552
39 072
After tax
88 069
85 615
73 948
85 428
Living cost
34 307
34 307
34 307
34 307
Free-cash
53 762
51 308
39 641
51 121

Estimated living cost  is ₽34307 per week

₽23535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63089
-₽12076
₽6686
₽44083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
32 770
total
-
-
-
39 250
Employee
34 860
-
109 730
-
health
3 991
-
12 564
-
pensions
3 925
-
7 097
-
income
4 782
-
23 826
-
total
12 698
-
43 487
-
Employer
34 860
-
109 730
-
accident
582
-
1 832
-
pensions
5 668
-
10 249
-
unemployment
854
-
2 688
-
total
7 104
-
14 769
-
Corporate
82 536
124 500
-
-
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.

74 283
112 050
-
-
total
74 283
112 050
-
-
Dividends
8 254
12 450
-
-
withholding
1 568
2 365
-
-
total
1 568
2 365
-
-
Income
124 500
124 500
124 500
124 500
Total tax
95 653
114 415
58 256
39 250
After tax
28 847
10 085
66 244
85 250
Living cost
22 161
22 161
22 161
22 161
Free-cash
6 686
-12 076
44 083
63 089

Estimated living cost  is ₽22161 per week

₽16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57796
₽92241
₽87902
₽71643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
124 500
health insurance
-
-
-
9 213
work injury
-
-
-
623
pensions
-
-
-
22 908
unemployment
-
-
-
1 494
income
-
-
-
19 940
total
-
-
-
54 178
Employee

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

20 041
-
124 500
-
pensions
3 688
-
13 643
-
work injury
100
-
371
-
unemployment
240
-
890
-
health insurance
1 483
-
5 487
-
income
2 004
-
19 940
-
total
7 515
-
40 331
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 459
124 500
-
-
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%.

1 045
1 245
-
-
total
1 045
1 245
-
-
Dividends
103 414
123 255
-
-
withholding
15 512
18 488
-
-
total
15 512
18 488
-
-
Income
124 500
124 500
124 500
124 500
Total tax
24 072
19 733
40 331
54 178
After tax
100 428
104 767
84 169
70 322
Living cost
12 526
12 526
12 526
12 526
Free-cash
87 902
92 241
71 643
57 796

Estimated living cost  is ₽12526 per week

₽7760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23219
₽28586
₽24361
₽17523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
regional
-
-
-
2 778
municipal
-
-
-
832
social contributions
-
-
-
32 022
national
-
-
-
28 656
total
-
-
-
64 288
Employee
78 248
-
124 500
-
regional
1 181
-
2 387
-
national
13 223
-
24 873
-
social contributions
26 385
-
41 982
-
municipal
467
-
742
-
total
41 256
-
69 984
-
Employer
78 248
-
124 500
-
total
-
-
-
-
Corporate
46 252
124 500
-
-
nationa
11 100
29 879
-
-
municipal
2 229
6 000
-
-
total
13 329
35 879
-
-
Dividends
32 923
88 621
-
-
withholding
8 561
23 042
-
-
total
8 561
23 042
-
-
Income
124 500
124 500
124 500
124 500
Total tax
63 146
58 921
69 984
64 288
After tax
61 354
65 579
54 516
60 212
Living cost
36 993
36 993
36 993
36 993
Free-cash
24 361
28 586
17 523
23 219

Estimated living cost  is ₽36993 per week

₽25985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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