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
₽32866
₽52971
₽40616
₽43825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
32 939
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.

-
-
-
1 812
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.

-
-
-
6 769
trade
-
-
-
12 355
total
-
-
-
53 875
Employee

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

37 895
-
124 500
-
surtax

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

58
-
1 812
-
income

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

1 059
-
32 939
-
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.

6 769
-
6 769
-
total
7 886
-
41 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 605
124 500
-
-
income
12 990
18 676
-
-
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.

714
1 027
-
-
chamber of commerce
275
329
-
-
trade
13 641
19 608
-
-
total
27 620
39 640
-
-
Dividends
58 986
84 861
-
-
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.

790
1 147
-
-
withholding
14 370
20 838
-
-
total
15 160
21 985
-
-
Income
124 500
124 500
124 500
124 500
Total tax
50 666
61 625
41 520
53 875
After tax
73 834
62 875
82 980
70 625
Living cost
30 009
30 009
30 009
30 009
Free-cash
43 825
32 866
52 971
40 616

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25201
₽22984
₽22007
₽24328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 338
municipal
-
-
-
13 229
national
-
-
-
20 499
pensions
-
-
-
14 940
total
-
-
-
50 006
Employee
81 365
-
107 629
-
municipal
10 050
-
13 711
-
pensions
3 255
-
4 305
-
national
15 573
-
21 246
-
total
28 878
-
39 262
-
Employer
81 365
-
107 629
-
pensions
6 509
-
8 610
-
social contributions
875
-
1 157
-
total
7 384
-
9 767
-
Corporate
30 381
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%.

6 076
24 900
-
-
total
6 076
24 900
-
-
Dividends
24 305
99 600
-
-
withholding
5 347
21 912
-
-
total
5 347
21 912
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 685
46 812
49 029
50 006
After tax
76 815
77 688
75 471
74 494
Living cost
52 487
52 487
52 487
52 487
Free-cash
24 328
25 201
22 984
22 007

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78987
₽49273
₽15405
₽70860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18 775
surtax
-
-
-
31 748
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.

-
-
-
37 960
microenterprise
-
-
-
-
total
-
-
-
88 483
Employee
28 951
-
100 331
-
surtax
-
-
-
-
social contributions

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

3 185
-
11 037
-
income
5 154
-
19 409
-
total
8 339
-
30 446
-
Employer
28 951
-
100 331
-
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.

6 974
-
24 169
-
surtax
-
-
-
-
total
6 974
-
24 169
-
Corporate
88 576
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%.

17 715
24 901
-
-
total
17 715
24 901
-
-
Dividends

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

70 861
99 599
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
33 028
24 901
54 615
88 483
After tax
91 472
99 599
69 885
36 017
Living cost
20 612
20 612
20 612
20 612
Free-cash
70 860
78 987
49 273
15 405

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽19391
₽26910
₽30123
₽13320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 048
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
52 873
Employee
84 607
84 607
106 088
-
pensions
15 229
11 608
11 608
-
income

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

13 849
13 849
13 849
-
health
12 986
11 046
12 217
-
total
42 064
36 503
37 674
-
Employer
84 607
84 607
106 088
-
health
5 881
5 881
7 308
-
pensions
5 889
5 889
7 319
-
unemployment
3 046
3 046
3 785
-
total
14 816
14 816
18 412
-
Corporate
26 115
25 077
-
-
income
5 223
5 016
-
-
total
5 223
5 016
-
-
Dividends
20 892
20 061
-
-
income
4 439
4 262
-
-
withholding
3 134
3 008
-
-
total
7 573
7 270
-
-
Income
124 500
124 500
124 500
124 500
Total tax
69 676
63 605
56 086
52 873
After tax
54 824
60 895
68 414
71 627
Living cost
41 504
41 504
41 504
41 504
Free-cash
13 320
19 391
26 910
30 123

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽27221
₽24502
₽25600
₽26307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
29 410
national
-
-
-
2 857
pensions
-
-
-
9 656
total
-
-
-
58 144
Employee
58 073
-
96 435
-
municipal
17 317
-
28 757
-
national
-
-
2 420
-
total
17 317
-
31 177
-
Employer
58 073
-
96 435
-
health
3 571
-
5 493
-
pensions
6 278
-
9 656
-
accident
116
-
179
-
unemployment
1 533
-
2 358
-
other
6 748
-
10 379
-
total
18 246
-
28 065
-
Corporate
48 180
124 500
-
-
income
10 600
27 390
-
-
total
10 600
27 390
-
-
Dividends
37 581
97 110
-
-
withholding
11 274
29 133
-
-
total
11 274
29 133
-
-
Income
124 500
124 500
124 500
124 500
Total tax
57 437
56 523
59 242
58 144
After tax
67 063
67 977
65 258
66 356
Living cost
40 756
40 756
40 756
40 756
Free-cash
26 307
27 221
24 502
25 600

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
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.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23312
₽44059
₽31155
₽37234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
32 939
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.

-
-
-
1 812
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.

-
-
-
6 769
trade
-
-
-
12 904
total
-
-
-
54 424
Employee

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

50 244
-
124 500
-
surtax

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

237
-
1 812
-
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.

4 317
-
32 939
-
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.

6 769
-
6 769
-
total
11 323
-
41 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 256
124 500
-
-
income
11 138
18 676
-
-
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.

613
1 027
-
-
chamber of commerce
256
327
-
-
trade
12 215
20 481
-
-
total
24 222
40 511
-
-
Dividends
50 034
83 990
-
-
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.

667
1 134
-
-
withholding
12 133
20 622
-
-
total
12 800
21 756
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 345
62 267
41 520
54 424
After tax
76 155
62 233
82 980
70 076
Living cost
38 921
38 921
38 921
38 921
Free-cash
37 234
23 312
44 059
31 155

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58852
₽53764
₽55089
₽54744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 070
social contributions
-
-
-
16 030
health
-
-
-
3 176
total
-
-
-
37 276
Employee
76 185
76 185
113 866
-
social contributions
3 702
6 323
8 528
-
income
8 000
7 052
17 502
-
health
758
1 295
1 937
-
total
12 460
14 670
27 967
-
Employer
76 185
76 185
113 866
-
health
825
1 410
2 106
-
social contributions
3 702
6 323
8 528
-
total
4 527
7 733
10 634
-
Corporate
75 377
40 582
-
-
income
9 421
5 073
-
-
total
9 421
5 073
-
-
Dividends
65 956
35 509
-
-
withholding
11 213
6 037
-
-
total
11 213
6 037
-
-
Income
124 500
124 500
124 500
124 500
Total tax
37 621
33 513
38 601
37 276
After tax
86 879
90 987
85 899
87 224
Living cost
32 135
32 135
32 135
32 135
Free-cash
54 744
58 852
53 764
55 089

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51913
₽54041
₽68116
₽52291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 220
unemployment
-
-
-
1 867
health
-
-
-
8 715
pensions
-
-
-
12 450
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.

26 173
10 417
104 184
-
unemployment
393
156
1 563
-
pensions
2 617
1 042
10 418
-
income
3 200
1 273
12 737
-
health
1 832
729
7 293
-
total
8 042
3 200
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.

26 173
10 417
104 184
-
pensions
5 104
2 031
20 316
-
total
5 104
2 031
20 316
-
Corporate
93 223
112 052
-
-
income
8 390
10 085
-
-
total
8 390
10 085
-
-
Dividends
84 833
101 967
-
-
social contributions
16 423
19 765
-
-
withholding
16 118
19 374
-
-
total
32 541
39 139
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 077
54 455
52 327
38 252
After tax
70 423
70 045
72 173
86 248
Living cost
18 132
18 132
18 132
18 132
Free-cash
52 291
51 913
54 041
68 116

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75668
₽47827
₽42801
₽69515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 683
health
-
-
-
16 184
pensions
-
-
-
24 901
total
-
-
-
57 768
Employee
28 106
-
93 049
-
unemployment
449
-
1 489
-
pensions
562
-
1 861
-
income
3 164
-
17 940
-
total
4 175
-
21 290
-
Employer
28 106
-
93 049
-
health
3 653
-
12 097
-
pensions
5 622
-
18 610
-
unemployment
226
-
745
-
total
9 501
-
31 452
-
Corporate
86 893
124 500
-
-
income
17 378
24 901
-
-
total
17 378
24 901
-
-
Dividends
69 515
99 599
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
31 054
24 901
52 742
57 768
After tax
93 446
99 599
71 758
66 732
Living cost
23 931
23 931
23 931
23 931
Free-cash
69 515
75 668
47 827
42 801

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11975
₽43735
₽63237
₽6702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
32 220
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
39 204
Employee
34 699
-
108 964
-
pensions
3 907
-
7 650
-
income
4 760
-
23 043
-
health
3 973
-
12 476
-
total
12 640
-
43 169
-
Employer
34 699
-
108 964
-
pensions
5 642
-
11 047
-
accident
579
-
1 820
-
unemployment
850
-
2 670
-
total
7 071
-
15 537
-
Corporate
82 729
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.

74 456
112 050
-
-
total
74 456
112 050
-
-
Dividends
8 273
12 450
-
-
withholding
1 572
2 366
-
-
total
1 572
2 366
-
-
Income
124 500
124 500
124 500
124 500
Total tax
95 739
114 416
58 706
39 204
After tax
28 761
10 084
65 794
85 296
Living cost
22 059
22 059
22 059
22 059
Free-cash
6 702
-11 975
43 735
63 237

Estimated living cost  is ₽22059 per week

₽16167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110169
₽91494
₽115149
₽108650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 133
-
124 500
-
income
2 026
-
24 900
-
total
2 026
-
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%.

114 367
124 500
-
-
total
-
-
-
-
Dividends
114 367
124 500
-
-
withholding
5 718
6 225
-
-
total
5 718
6 225
-
-
Income
124 500
124 500
124 500
124 500
Total tax
7 744
6 225
24 900
1 245
After tax
116 756
118 275
99 600
123 255
Living cost
8 106
8 106
8 106
8 106
Free-cash
108 650
110 169
91 494
115 149

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65069
₽45362
₽40213
₽58380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 615
other
-
-
-
5 913
health
-
-
-
5 479
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.

-
-
-
29 880
total
-
-
-
57 887
Employee
35 974
-
99 441
-
unemployment
359
-
995
-
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.

2 518
-
6 962
-
income
6 193
-
18 332
-
health
504
-
1 391
-
total
9 574
-
27 680
-
Employer
35 974
-
99 441
-
health
504
-
1 391
-
pensions

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

6 116
-
16 906
-
accident
288
-
795
-
unemployment
359
-
995
-
other
1 799
-
4 971
-
total
9 066
-
25 058
-
Corporate
79 460
124 500
-
-
income
16 686
26 146
-
-
total
16 686
26 146
-
-
Dividends
62 774
98 354
-
-
withholding
4 394
6 885
-
-
total
4 394
6 885
-
-
Income
124 500
124 500
124 500
124 500
Total tax
39 720
33 031
52 738
57 887
After tax
84 780
91 469
71 762
66 613
Living cost
26 400
26 400
26 400
26 400
Free-cash
58 380
65 069
45 362
40 213

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20821
₽8728
₽20270
₽13735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 346
pensions
-
-
-
7 891
total
-
-
-
38 237
Employee
93 370
-
109 214
-
pensions
9 008
-
10 066
-
income
16 831
-
22 651
-
health
1 539
-
1 776
-
total
27 378
-
34 493
-
Employer
93 370
-
109 214
-
health
1 773
-
2 075
-
pensions
11 024
-
13 211
-
total
12 797
-
15 286
-
Corporate
18 332
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.

3 484
23 655
-
-
total
3 484
23 655
-
-
Dividends
14 849
100 845
-
-
withholding
1 113
14 031
-
-
total
1 113
14 031
-
-
Income
124 500
124 500
124 500
124 500
Total tax
44 772
37 686
49 779
38 237
After tax
79 728
86 814
74 721
86 263
Living cost
65 993
65 993
65 993
65 993
Free-cash
13 735
20 821
8 728
20 270

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
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.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽93457
₽87936
₽83595
₽88856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 675
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
27 915
Employee
17 201
-
117 710
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
11 771
-
health
791
-
1 592
-
total
4 210
-
16 783
-
Employer
17 201
-
117 710
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
103 924
124 500
-
-
income
10 392
12 450
-
-
total
10 392
12 450
-
-
Dividends
93 532
112 050
-
-
withholding
4 677
5 603
-
-
total
4 677
5 603
-
-
Income
124 500
124 500
124 500
124 500
Total tax
22 654
18 053
23 574
27 915
After tax
101 846
106 447
100 926
96 585
Living cost
12 990
12 990
12 990
12 990
Free-cash
88 856
93 457
87 936
83 595

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5956
₽13475
₽16688
₽8446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 048
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
52 873
Employee
91 856
84 607
106 088
-
pensions
11 608
11 608
11 608
-
income

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

13 849
13 849
13 849
-
health
11 460
11 046
12 217
-
total
36 917
36 503
37 674
-
Employer
91 856
84 607
106 088
-
health
6 383
5 881
7 308
-
pensions
6 393
5 889
7 319
-
unemployment
3 307
3 046
3 785
-
total
16 083
14 816
18 412
-
Corporate
16 561
25 077
-
-
income
3 313
5 016
-
-
total
3 313
5 016
-
-
Dividends
13 248
20 061
-
-
income
2 815
4 262
-
-
withholding
1 987
3 008
-
-
total
4 802
7 270
-
-
Income
124 500
124 500
124 500
124 500
Total tax
61 115
63 605
56 086
52 873
After tax
63 385
60 895
68 414
71 627
Living cost
54 939
54 939
54 939
54 939
Free-cash
8 446
5 956
13 475
16 688

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61117
₽38578
₽36847
₽52340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 844
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
-
health
-
-
-
16 808
total
-
-
-
63 052
Employee
36 178
-
92 910
-
solidarity contribution
-
-
-
-
social contributions
2 352
-
6 039
-
income
4 341
-
11 149
-
health
4 884
-
12 543
-
total
11 577
-
29 731
-
Employer
36 178
-
92 910
-
health
3 256
-
8 362
-
social contributions
9 045
-
23 228
-
total
12 301
-
31 590
-
Corporate
76 021
124 500
-
-
income
14 444
23 655
-
-
total
14 444
23 655
-
-
Dividends
61 577
100 845
-
-
withholding
9 237
15 127
-
-
total
9 237
15 127
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 559
38 782
61 321
63 052
After tax
76 941
85 718
63 179
61 448
Living cost
24 601
24 601
24 601
24 601
Free-cash
52 340
61 117
38 578
36 847

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24620
₽14367
₽20293
₽19447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 021
regional
-
-
-
1 417
municipal
-
-
-
739
national
-
-
-
28 223
total
-
-
-
62 400
Employee
88 053
-
124 500
-
municipal
466
-
660
-
national
15 257
-
24 438
-
regional
831
-
1 246
-
social contributions
29 691
-
41 982
-
total
46 245
-
68 326
-
Employer
88 053
-
124 500
-
total
-
-
-
-
Corporate
36 447
124 500
-
-
municipal
1 421
4 855
-
-
nationa
8 747
29 880
-
-
total
10 168
34 735
-
-
Dividends
26 279
89 766
-
-
withholding
6 833
23 338
-
-
total
6 833
23 338
-
-
Income
124 500
124 500
124 500
124 500
Total tax
63 246
58 073
68 326
62 400
After tax
61 254
66 427
56 174
62 100
Living cost
41 807
41 807
41 807
41 807
Free-cash
19 447
24 620
14 367
20 293

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56447
₽36147
₽38201
₽53362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 828
other
-
-
-
-
surtax
-
-
-
3 642
unemployment
-
-
-
226
health
-
-
-
8 839
pensions
-
-
-
24 901
total
-
-
-
64 436
Employee
32 764
-
102 850
-
other
-
-
-
-
unemployment
2 281
-
7 158
-
pensions
2 185
-
6 861
-
surtax
107
-
3 318
-
income
5 492
-
24 880
-
health
837
-
2 623
-
total
10 902
-
44 840
-
Employer
32 764
-
102 850
-
health
1 491
-
4 680
-
pensions
4 368
-
13 710
-
unemployment
1 038
-
3 260
-
other
-
-
-
-
total
6 897
-
21 650
-
Corporate
84 840
124 500
-
-
income
22 058
32 371
-
-
total
22 058
32 371
-
-
Dividends
62 782
92 129
-
-
withholding
9 418
13 819
-
-
total
9 418
13 819
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 275
46 190
66 490
64 436
After tax
75 225
78 310
58 010
60 064
Living cost
21 863
21 863
21 863
21 863
Free-cash
53 362
56 447
36 147
38 201

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41729
₽29636
₽41178
₽40431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 346
pensions
-
-
-
7 891
total
-
-
-
38 237
Employee
62 574
-
109 214
-
pensions
5 311
-
10 066
-
income
11 270
-
22 651
-
health
908
-
1 776
-
total
17 489
-
34 493
-
Employer
62 574
-
109 214
-
health
1 189
-
2 075
-
pensions
6 774
-
13 211
-
total
7 963
-
15 286
-
Corporate
53 964
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.

10 253
23 655
-
-
total
10 253
23 655
-
-
Dividends
43 711
100 845
-
-
withholding
3 279
14 031
-
-
total
3 279
14 031
-
-
Income
124 500
124 500
124 500
124 500
Total tax
38 984
37 686
49 779
38 237
After tax
85 516
86 814
74 721
86 263
Living cost
45 085
45 085
45 085
45 085
Free-cash
40 431
41 729
29 636
41 178

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
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.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21423
₽18401
₽24584
₽12104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 489
regional
-
-
-
4 876
health
-
-
-
280
city
-
-
-
1 312
national
-
-
-
1 151
pensions
-
-
-
11 455
total
-
-
-
21 563
Employee
91 693
-
111 434
-
unemployment
-
-
-
-
pensions
7 703
-
9 362
-
national
434
-
895
-
regional
3 002
-
4 198
-
city
984
-
1 197
-
health
207
-
252
-
total
12 330
-
15 904
-
Employer
91 693
-
111 434
-
health
207
-
252
-
pensions
7 703
-
9 362
-
unemployment
-
-
-
-
other

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

1 833
-
2 228
-
total
9 743
-
11 842
-
Corporate
22 055
124 500
-
-
regional
4 665
26 332
-
-
national
1 876
10 583
-
-
total
6 541
36 915
-
-
Dividends
15 515
87 585
-
-
withholding
5 429
30 655
-
-
total
5 429
30 655
-
-
Income
124 500
124 500
124 500
124 500
Total tax
34 043
67 570
27 746
21 563
After tax
90 457
56 930
96 754
102 937
Living cost
78 353
78 353
78 353
78 353
Free-cash
12 104
-21 423
18 401
24 584

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16209
₽37593
₽24140
₽32272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
32 939
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.

-
-
-
1 812
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.

-
-
-
6 769
trade
-
-
-
13 453
total
-
-
-
54 973
Employee

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

59 543
-
124 500
-
surtax

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

385
-
1 812
-
income

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

7 002
-
32 939
-
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.

6 769
-
6 769
-
total
14 156
-
41 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 957
124 500
-
-
income
9 743
18 676
-
-
surtax

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

536
1 027
-
-
chamber of commerce
243
325
-
-
trade
11 140
21 351
-
-
total
21 662
41 379
-
-
Dividends
43 296
83 121
-
-
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.

575
1 122
-
-
withholding
10 448
20 403
-
-
total
11 023
21 525
-
-
Income
124 500
124 500
124 500
124 500
Total tax
46 841
62 904
41 520
54 973
After tax
77 659
61 596
82 980
69 527
Living cost
45 387
45 387
45 387
45 387
Free-cash
32 272
16 209
37 593
24 140

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
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.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28851
₽40105
₽37073
₽34702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 452
other
-
-
-
3 860
surtax
-
-
-
-
social contributions
-
-
-
3 546
health
-
-
-
3 704
pensions
-
-
-
26 968
total
-
-
-
53 530
Employee
42 403
-
99 216
-
pensions
4 794
-
5 689
-
surtax
-
-
-
-
social contributions
1 209
-
2 826
-
income
2 502
-
16 699
-
total
8 505
-
25 214
-
Employer
42 403
-
99 216
-
health
2 969
-
7 749
-
pensions
6 966
-
9 796
-
unemployment
1 717
-
4 018
-
social contributions
128
-
297
-
other
1 463
-
3 424
-
total
13 243
-
25 284
-
Corporate
68 855
124 500
-
-
income
19 279
34 860
-
-
surtax
-
-
-
-
total
19 279
34 860
-
-
Dividends
49 576
89 640
-
-
surtax
-
-
-
-
social contributions
8 528
15 417
-
-
withholding
6 346
11 475
-
-
total
14 874
26 892
-
-
Income
124 500
124 500
124 500
124 500
Total tax
55 901
61 752
50 498
53 530
After tax
68 599
62 748
74 002
70 970
Living cost
33 897
33 897
33 897
33 897
Free-cash
34 702
28 851
40 105
37 073

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32209
₽43463
₽40431
₽37714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 452
other
-
-
-
3 860
surtax
-
-
-
-
social contributions
-
-
-
3 546
health
-
-
-
3 704
pensions
-
-
-
26 968
total
-
-
-
53 530
Employee
37 851
-
99 216
-
pensions
4 281
-
5 689
-
surtax
-
-
-
-
social contributions
1 079
-
2 826
-
income
1 952
-
16 699
-
total
7 312
-
25 214
-
Employer
37 851
-
99 216
-
health
2 649
-
7 749
-
pensions
6 220
-
9 796
-
unemployment
1 532
-
4 018
-
social contributions
113
-
297
-
other
1 307
-
3 424
-
total
11 821
-
25 284
-
Corporate
74 829
124 500
-
-
income
20 953
34 860
-
-
surtax
-
-
-
-
total
20 953
34 860
-
-
Dividends
53 876
89 640
-
-
surtax
-
-
-
-
social contributions
9 265
15 417
-
-
withholding
6 896
11 475
-
-
total
16 161
26 892
-
-
Income
124 500
124 500
124 500
124 500
Total tax
56 247
61 752
50 498
53 530
After tax
68 253
62 748
74 002
70 970
Living cost
30 539
30 539
30 539
30 539
Free-cash
37 714
32 209
43 463
40 431

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54947
₽57846
₽58944
₽55461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 676
social contributions
-
-
-
17 181
health
-
-
-
8 690
total
-
-
-
44 547
Employee
33 593
-
124 500
-
social contributions
4 636
-
17 181
-
income
5 603
-
19 774
-
health
2 345
-
8 690
-
total
12 584
-
45 645
-
Employer
33 593
-
124 500
-
total
-
-
-
-
Corporate
90 907
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%.

4 546
6 225
-
-
total
4 546
6 225
-
-
Dividends
86 361
118 275
-
-
social contributions
11 918
16 322
-
-
withholding
12 954
17 741
-
-
health
6 028
8 256
-
-
total
30 900
42 319
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 030
48 544
45 645
44 547
After tax
76 470
75 956
78 855
79 953
Living cost
21 009
21 009
21 009
21 009
Free-cash
55 461
54 947
57 846
58 944

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
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.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34451
-₽410
₽27370
₽32922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 181
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
498
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
62 219
Employee
49 514
39 483
96 527
-
other
494
395
965
-
unemployment
1 485
1 185
2 895
-
pensions
5 071
4 042
9 884
-
income
5 637
2 912
21 355
-
health
1 916
1 529
3 736
-
total
14 603
10 063
38 835
-
Employer
49 514
39 483
96 527
-
chamber of commerce
197
158
385
-
health
1 871
1 493
3 649
-
pensions
6 214
4 956
12 114
-
accident
643
513
1 254
-
unemployment
1 485
1 185
2 895
-
surtax
196
196
196
-
payroll
1 485
1 185
2 895
-
other
2 352
1 875
4 584
-
total
14 443
11 561
27 972
-
Corporate
60 543
73 457
92 767
-
income

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

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

15 135
18 364
23 192
-
total
15 135
18 364
23 192
-
Dividends
45 407
55 094
-
-
withholding
12 486
15 150
-
-
total
12 486
15 150
-
-
Income
124 500
124 500
124 500
124 500
Total tax
56 667
55 138
89 999
62 219
After tax
67 833
69 362
34 501
62 281
Living cost
34 911
34 911
34 911
34 911
Free-cash
32 922
34 451
-410
27 370

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33606
₽10500
₽19683
₽18748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
6 282
social contributions
-
-
-
19 804
national
-
-
-
42 606
total
-
-
-
68 692
Employee

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

70 870
-
96 429
-
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.

617
-
839
-
communal

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

3 696
-
5 029
-
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.

5 315
-
7 233
-
national
21 788
-
32 171
-
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.

3 330
-
4 533
-
total
34 746
-
49 805
-
Employer

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

70 870
-
96 429
-
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.

4 358
-
5 930
-
pensions

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

6 280
-
8 543
-
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.

921
-
1 254
-
unemployment

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

1 034
-
1 408
-
surtax
8 036
-
10 935
-
total
20 629
-
28 070
-
Corporate
33 001
124 500
-
-
income
6 599
24 901
-
-
surtax
132
498
-
-
total
6 731
25 399
-
-
Dividends
26 270
99 101
-
-
withholding

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

7 521
29 370
-
-
total
7 521
29 370
-
-
Income
124 500
124 500
124 500
124 500
Total tax
69 627
54 769
77 875
68 692
After tax
54 873
69 731
46 625
55 808
Living cost
36 125
36 125
36 125
36 125
Free-cash
18 748
33 606
10 500
19 683

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47810
₽28617
₽33379
₽40154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
27 790
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
55 340
Employee
49 318
-
95 224
-
other
49
-
92
-
unemployment
765
-
1 423
-
pensions
2 318
-
4 317
-
income
10 406
-
24 994
-
total
13 538
-
30 826
-
Employer
49 318
-
95 224
-
pensions
11 638
-
21 673
-
accident
976
-
1 818
-
unemployment
2 713
-
5 050
-
other
393
-
735
-
total
15 720
-
29 276
-
Corporate
59 462
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.

8 919
18 676
-
-
total
8 919
18 676
-
-
Dividends
50 543
105 824
-
-
withholding
10 388
22 233
-
-
total
10 388
22 233
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 565
40 909
60 102
55 340
After tax
75 935
83 591
64 398
69 160
Living cost
35 781
35 781
35 781
35 781
Free-cash
40 154
47 810
28 617
33 379

Estimated living cost  is ₽35781 per week

₽26349
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.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21281
₽18275
₽13313
₽11662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
7 868
accident
-
-
-
1 049
income
-
-
-
14 847
surtax
-
-
-
6 173
health
-
-
-
8 747
pensions
-
-
-
18 661
total
-
-
-
57 345
Employee
75 030
-
111 211
-
pensions
6 001
-
8 897
-
surtax
4 599
-
6 816
-
income
7 247
-
18 432
-
health
3 339
-
4 949
-
total
21 186
-
39 094
-
Employer
75 030
-
111 211
-
health
2 288
-
3 392
-
pensions
6 001
-
8 897
-
accident
675
-
1 000
-
total
8 964
-
13 289
-
Corporate
40 506
124 500
-
-
communal
2 734
8 404
-
-
income
6 077
18 676
-
-
surtax
425
1 307
-
-
total
9 236
28 387
-
-
Dividends
31 270
96 113
-
-
income
14 919
6 573
-
-
withholding
4 691
14 417
-
-
total
19 610
20 990
-
-
Income
124 500
124 500
124 500
124 500
Total tax
58 996
49 377
52 383
57 345
After tax
65 504
75 123
72 117
67 155
Living cost
53 842
53 842
53 842
53 842
Free-cash
11 662
21 281
18 275
13 313

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56056
₽35756
₽37810
₽52906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 828
other
-
-
-
-
surtax
-
-
-
3 642
unemployment
-
-
-
226
health
-
-
-
8 839
pensions
-
-
-
24 901
total
-
-
-
64 436
Employee
33 365
-
102 850
-
other
-
-
-
-
unemployment
2 322
-
7 158
-
pensions
2 226
-
6 861
-
surtax
118
-
3 318
-
income
5 593
-
24 880
-
health
852
-
2 623
-
total
11 111
-
44 840
-
Employer
33 365
-
102 850
-
health
1 517
-
4 680
-
pensions
4 448
-
13 710
-
unemployment
1 059
-
3 260
-
other
-
-
-
-
total
7 024
-
21 650
-
Corporate
84 110
124 500
-
-
income
21 868
32 371
-
-
total
21 868
32 371
-
-
Dividends
62 242
92 129
-
-
withholding
9 337
13 819
-
-
total
9 337
13 819
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 340
46 190
66 490
64 436
After tax
75 160
78 310
58 010
60 064
Living cost
22 254
22 254
22 254
22 254
Free-cash
52 906
56 056
35 756
37 810

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38751
₽29055
₽34951
₽36551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 021
regional
-
-
-
1 877
municipal
-
-
-
739
national
-
-
-
28 223
total
-
-
-
62 860
Employee
54 959
-
124 500
-
municipal
291
-
660
-
national
8 707
-
24 438
-
regional
740
-
1 676
-
social contributions
18 533
-
41 982
-
total
28 271
-
68 756
-
Employer
54 959
-
124 500
-
total
-
-
-
-
Corporate
69 541
124 500
-
-
municipal
3 456
6 188
-
-
nationa
16 690
29 880
-
-
total
20 146
36 068
-
-
Dividends
49 395
88 433
-
-
withholding
12 843
22 992
-
-
total
12 843
22 992
-
-
Income
124 500
124 500
124 500
124 500
Total tax
61 260
59 060
68 756
62 860
After tax
63 240
65 440
55 744
61 640
Living cost
26 689
26 689
26 689
26 689
Free-cash
36 551
38 751
29 055
34 951

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55403
₽32864
₽31133
₽44588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 844
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
-
health
-
-
-
16 808
total
-
-
-
63 052
Employee
44 581
-
92 910
-
solidarity contribution
-
-
-
-
social contributions
2 898
-
6 039
-
income
5 350
-
11 149
-
health
6 018
-
12 543
-
total
14 266
-
29 731
-
Employer
44 581
-
92 910
-
health
4 012
-
8 362
-
social contributions
11 145
-
23 228
-
total
15 157
-
31 590
-
Corporate
64 761
124 500
-
-
income
12 305
23 655
-
-
total
12 305
23 655
-
-
Dividends
52 457
100 845
-
-
withholding
7 869
15 127
-
-
total
7 869
15 127
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 597
38 782
61 321
63 052
After tax
74 903
85 718
63 179
61 448
Living cost
30 315
30 315
30 315
30 315
Free-cash
44 588
55 403
32 864
31 133

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37859
₽2924
₽30868
₽37372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 181
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
498
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
62 023
Employee
43 309
39 483
96 676
-
other
432
395
966
-
unemployment
1 299
1 185
2 901
-
pensions
4 435
4 042
9 899
-
income
3 858
2 912
21 406
-
health
1 675
1 529
3 742
-
total
11 699
10 063
38 914
-
Employer
43 309
39 483
96 676
-
chamber of commerce
173
158
387
-
health
1 638
1 493
3 655
-
pensions
5 436
4 956
12 133
-
accident
562
513
1 256
-
unemployment
1 299
1 185
2 901
-
surtax
-
-
-
-
payroll
1 299
1 185
2 901
-
other
2 057
1 875
4 591
-
total
12 464
11 365
27 824
-
Corporate
68 727
73 653
92 915
-
income

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

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

17 181
18 412
23 229
-
total
17 181
18 412
23 229
-
Dividends
51 546
55 241
-
-
withholding
14 175
15 192
-
-
total
14 175
15 192
-
-
Income
124 500
124 500
124 500
124 500
Total tax
55 519
55 032
89 967
62 023
After tax
68 981
69 468
34 533
62 477
Living cost
31 609
31 609
31 609
31 609
Free-cash
37 372
37 859
2 924
30 868

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105643
₽86968
₽110623
₽103275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 791
-
124 500
-
income
3 158
-
24 900
-
total
3 158
-
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%.

108 709
124 500
-
-
total
-
-
-
-
Dividends
108 709
124 500
-
-
withholding
5 435
6 225
-
-
total
5 435
6 225
-
-
Income
124 500
124 500
124 500
124 500
Total tax
8 593
6 225
24 900
1 245
After tax
115 907
118 275
99 600
123 255
Living cost
12 632
12 632
12 632
12 632
Free-cash
103 275
105 643
86 968
110 623

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59144
₽33158
₽36726
₽50858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 026
unemployment
-
-
-
186
health
-
-
-
12 251
pensions
-
-
-
22 737
total
-
-
-
61 200
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.

43 812
-
107 727
-
unemployment
62
-
150
-
pensions
6 791
-
16 698
-
income
7 555
-
24 189
-
health
2 830
-
6 958
-
total
17 238
-
47 995
-
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.

43 812
-
107 727
-
health
2 918
-
7 175
-
pensions
3 877
-
9 534
-
unemployment
26
-
64
-
total
6 821
-
16 773
-
Corporate
73 867
124 500
-
-
income
14 035
23 654
-
-
total
14 035
23 654
-
-
Dividends
59 832
100 846
-
-
withholding
8 974
15 128
-
-
total
8 974
15 128
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 068
38 782
64 768
61 200
After tax
77 432
85 718
59 732
63 300
Living cost
26 574
26 574
26 574
26 574
Free-cash
50 858
59 144
33 158
36 726

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32354
₽67878
₽42647
-₽25445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 268
social contributions
-
-
-
14 193
total
-
-
-
38 461
Employee
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
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
106 553
48 754
13 230
38 461
After tax
17 947
75 746
111 270
86 039
Living cost
43 392
43 392
43 392
43 392
Free-cash
-25 445
32 354
67 878
42 647

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
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.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39738
₽29370
₽37275
₽38742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 884
surtax
-
-
-
-
social contributions

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

-
-
-
43 264
total
-
-
-
56 148
Employee
45 567
-
100 605
-
surtax
-
-
-
-
social contributions
5 013
-
11 067
-
income
9 478
-
29 093
-
total
14 491
-
40 160
-
Employer
45 567
-
100 605
-
social contributions
10 822
-
23 893
-
total
10 822
-
23 893
-
Corporate
68 110
124 500
-
-
income
14 302
26 146
-
-
surtax
-
-
-
-
total
14 302
26 146
-
-
Dividends
53 808
98 354
-
-
withholding
15 066
27 539
-
-
total
15 066
27 539
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 681
53 685
64 053
56 148
After tax
69 819
70 815
60 447
68 352
Living cost
31 077
31 077
31 077
31 077
Free-cash
38 742
39 738
29 370
37 275

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14895
₽26149
₽23117
₽21706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 452
other
-
-
-
3 860
surtax
-
-
-
-
social contributions
-
-
-
3 546
health
-
-
-
3 704
pensions
-
-
-
26 968
total
-
-
-
53 530
Employee
62 053
-
99 216
-
pensions
7 019
-
5 689
-
surtax
-
-
-
-
social contributions
1 767
-
2 826
-
income
5 414
-
16 699
-
total
14 200
-
25 214
-
Employer
62 053
-
99 216
-
health
4 343
-
7 749
-
pensions
10 196
-
9 796
-
unemployment
2 514
-
4 018
-
social contributions
186
-
297
-
other
2 142
-
3 424
-
total
19 381
-
25 284
-
Corporate
43 066
124 500
-
-
income
12 059
34 860
-
-
surtax
-
-
-
-
total
12 059
34 860
-
-
Dividends
31 007
89 640
-
-
surtax
-
-
-
-
social contributions
5 332
15 417
-
-
withholding
3 969
11 475
-
-
total
9 301
26 892
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 941
61 752
50 498
53 530
After tax
69 559
62 748
74 002
70 970
Living cost
47 853
47 853
47 853
47 853
Free-cash
21 706
14 895
26 149
23 117

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82268
₽66943
₽63633
₽78940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 695
social contributions
-
-
-
27 390
total
-
-
-
31 085
Employee
31 852
-
107 793
-
income
-
-
4 061
-
social contributions
2 070
-
7 007
-
total
2 070
-
11 068
-
Employer
31 852
-
107 793
-
social contributions
4 937
-
16 707
-
total
4 937
-
16 707
-
Corporate
87 711
124 500
-
-
income
8 771
12 450
-
-
total
8 771
12 450
-
-
Dividends
78 940
112 050
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
15 778
12 450
27 775
31 085
After tax
108 722
112 050
96 725
93 415
Living cost
29 782
29 782
29 782
29 782
Free-cash
78 940
82 268
66 943
63 633

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽91278
-₽91278
₽28012
-₽91278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
9 891
municipal
-
-
-
24 451
national
-
-
-
13 592
pensions
-
-
-
858
total
-
-
-
48 792
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
168 082
168 082
168 082
48 792
After tax
-43 582
-43 582
-43 582
75 708
Living cost
47 696
47 696
47 696
47 696
Free-cash
-91 278
-91 278
-91 278
28 012

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11649
₽44061
₽63563
₽6750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
32 220
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
39 204
Employee
34 188
-
108 964
-
pensions
3 850
-
7 650
-
income
4 690
-
23 043
-
health
3 915
-
12 476
-
total
12 455
-
43 169
-
Employer
34 188
-
108 964
-
pensions
5 559
-
11 047
-
accident
571
-
1 820
-
unemployment
838
-
2 670
-
total
6 968
-
15 537
-
Corporate
83 344
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.

75 010
112 050
-
-
total
75 010
112 050
-
-
Dividends
8 334
12 450
-
-
withholding
1 584
2 366
-
-
total
1 584
2 366
-
-
Income
124 500
124 500
124 500
124 500
Total tax
96 017
114 416
58 706
39 204
After tax
28 483
10 084
65 794
85 296
Living cost
21 733
21 733
21 733
21 733
Free-cash
6 750
-11 649
44 061
63 563

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42801
₽30450
₽47522
₽43013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 504
municipal
-
-
-
22 139
national
-
-
-
15 297
total
-
-
-
38 940
Employee
52 126
-
104 736
-
municipal
8 538
-
17 081
-
unemployment
782
-
1 572
-
pensions
3 518
-
7 069
-
national
861
-
9 325
-
health
389
-
1 200
-
total
14 088
-
36 247
-
Employer
52 126
-
104 736
-
health
400
-
807
-
pensions
9 044
-
18 172
-
accident
53
-
105
-
unemployment
338
-
681
-
total
9 835
-
19 765
-
Corporate
62 539
124 500
-
-
income
12 507
24 901
-
-
total
12 507
24 901
-
-
Dividends

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

37 524
74 699
-
-
municipal
6 754
13 445
-
-
national
265
5 315
-
-
total
7 019
18 760
-
-
Income
124 500
124 500
124 500
124 500
Total tax
43 449
43 661
56 012
38 940
After tax
81 051
80 839
68 488
85 560
Living cost
38 038
38 038
38 038
38 038
Free-cash
43 013
42 801
30 450
47 522

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68048
₽62960
₽64285
₽62656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 070
social contributions
-
-
-
16 030
health
-
-
-
3 176
total
-
-
-
37 276
Employee
76 185
76 185
113 866
-
social contributions
2 880
6 323
8 528
-
income
8 295
7 052
17 502
-
health
590
1 295
1 937
-
total
11 765
14 670
27 967
-
Employer
76 185
76 185
113 866
-
health
641
1 410
2 106
-
social contributions
2 880
6 323
8 528
-
total
3 521
7 733
10 634
-
Corporate
86 274
40 582
-
-
income
10 785
5 073
-
-
total
10 785
5 073
-
-
Dividends
75 489
35 509
-
-
withholding
12 834
6 037
-
-
total
12 834
6 037
-
-
Income
124 500
124 500
124 500
124 500
Total tax
38 905
33 513
38 601
37 276
After tax
85 595
90 987
85 899
87 224
Living cost
22 939
22 939
22 939
22 939
Free-cash
62 656
68 048
62 960
64 285

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87368
₽66728
₽86602
₽82326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 253
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
22 168
Employee

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

22 741
-
114 817
-
unemployment
113
-
470
-
pensions
3 411
-
14 101
-
income
1 555
-
9 798
-
health
1 933
-
7 991
-
total
7 012
-
32 360
-
Employer

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

22 741
-
114 817
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
99 418
124 500
-
-
income
8 948
11 206
-
-
total
8 948
11 206
-
-
Dividends
90 470
113 294
-
-
withholding
8 143
10 196
-
-
total
8 143
10 196
-
-
Income
124 500
124 500
124 500
124 500
Total tax
26 444
21 402
42 042
22 168
After tax
98 056
103 098
82 458
102 332
Living cost
15 730
15 730
15 730
15 730
Free-cash
82 326
87 368
66 728
86 602

Estimated living cost  is ₽15730 per week

₽10036
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.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56346
₽37153
₽41915
₽51384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
27 790
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
55 340
Employee
36 634
-
95 224
-
other
36
-
92
-
unemployment
568
-
1 423
-
pensions
1 722
-
4 317
-
income
7 063
-
24 994
-
total
9 389
-
30 826
-
Employer
36 634
-
95 224
-
pensions
8 645
-
21 673
-
accident
726
-
1 818
-
unemployment
2 016
-
5 050
-
other
293
-
735
-
total
11 680
-
29 276
-
Corporate
76 186
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.

11 428
18 676
-
-
total
11 428
18 676
-
-
Dividends
64 758
105 824
-
-
withholding
13 374
22 233
-
-
total
13 374
22 233
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 871
40 909
60 102
55 340
After tax
78 629
83 591
64 398
69 160
Living cost
27 245
27 245
27 245
27 245
Free-cash
51 384
56 346
37 153
41 915

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75745
₽77703
₽77841
₽75426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 272
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
44 716
Employee
2 959
-
122 906
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
42 197
-
health
148
-
354
-
total
1 016
-
43 260
-
Employer
2 959
-
122 906
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
120 876
124 500
-
-
income
26 593
27 390
-
-
total
26 593
27 390
-
-
Dividends
94 283
97 110
-
-
withholding
18 857
19 422
-
-
total
18 857
19 422
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 131
46 812
44 854
44 716
After tax
77 369
77 688
79 646
79 784
Living cost
1 943
1 943
1 943
1 943
Free-cash
75 426
75 745
77 703
77 841

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72811
₽52690
₽52688
₽67935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 985
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
54 672
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.

25 846
-
111 389
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
26 985
-
health
1 331
-
3 772
-
total
8 706
-
41 560
-
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.

25 846
-
111 389
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
94 028
124 500
-
-
income
14 104
18 675
-
-
total
14 104
18 675
-
-
Dividends
79 924
105 825
-
-
withholding
11 989
15 874
-
-
total
11 989
15 874
-
-
Income
124 500
124 500
124 500
124 500
Total tax
39 425
34 549
54 670
54 672
After tax
85 075
89 951
69 830
69 828
Living cost
17 140
17 140
17 140
17 140
Free-cash
67 935
72 811
52 690
52 688

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44105
₽33737
₽41642
₽43748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 884
surtax
-
-
-
-
social contributions

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

-
-
-
43 264
total
-
-
-
56 148
Employee
38 454
-
100 605
-
surtax
-
-
-
-
social contributions
4 230
-
11 067
-
income
7 514
-
29 093
-
total
11 744
-
40 160
-
Employer
38 454
-
100 605
-
social contributions
9 132
-
23 893
-
total
9 132
-
23 893
-
Corporate
76 914
124 500
-
-
income
16 152
26 146
-
-
surtax
-
-
-
-
total
16 152
26 146
-
-
Dividends
60 762
98 354
-
-
withholding
17 014
27 539
-
-
total
17 014
27 539
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 042
53 685
64 053
56 148
After tax
70 458
70 815
60 447
68 352
Living cost
26 710
26 710
26 710
26 710
Free-cash
43 748
44 105
33 737
41 642

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48771
₽29578
₽34340
₽41450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
27 790
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
55 340
Employee
47 849
-
95 224
-
other
47
-
92
-
unemployment
741
-
1 423
-
pensions
2 249
-
4 317
-
income
9 994
-
24 994
-
total
13 031
-
30 826
-
Employer
47 849
-
95 224
-
pensions
11 292
-
21 673
-
accident
948
-
1 818
-
unemployment
2 632
-
5 050
-
other
384
-
735
-
total
15 256
-
29 276
-
Corporate
61 395
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.

9 209
18 676
-
-
total
9 209
18 676
-
-
Dividends
52 186
105 824
-
-
withholding
10 734
22 233
-
-
total
10 734
22 233
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 230
40 909
60 102
55 340
After tax
76 270
83 591
64 398
69 160
Living cost
34 820
34 820
34 820
34 820
Free-cash
41 450
48 771
29 578
34 340

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89403
₽83882
₽79541
₽83365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 675
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
27 915
Employee
22 568
-
117 710
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
11 771
-
health
1 038
-
1 592
-
total
5 524
-
16 783
-
Employer
22 568
-
117 710
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
97 504
124 500
-
-
income
9 751
12 450
-
-
total
9 751
12 450
-
-
Dividends
87 753
112 050
-
-
withholding
4 388
5 603
-
-
total
4 388
5 603
-
-
Income
124 500
124 500
124 500
124 500
Total tax
24 091
18 053
23 574
27 915
After tax
100 409
106 447
100 926
96 585
Living cost
17 044
17 044
17 044
17 044
Free-cash
83 365
89 403
83 882
79 541

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25905
₽44729
₽33474
₽38865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
32 939
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.

-
-
-
1 812
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.

-
-
-
6 769
trade
-
-
-
11 255
total
-
-
-
52 775
Employee

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

49 297
-
124 500
-
surtax

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

224
-
1 812
-
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.

4 054
-
32 939
-
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.

6 769
-
6 769
-
total
11 047
-
41 520
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 203
124 500
-
-
income
11 281
18 676
-
-
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.

620
1 027
-
-
chamber of commerce
261
333
-
-
trade
10 792
17 865
-
-
total
22 954
37 901
-
-
Dividends
52 248
86 600
-
-
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
1 169
-
-
withholding
12 685
21 274
-
-
total
13 383
22 443
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 384
60 344
41 520
52 775
After tax
77 116
64 156
82 980
71 725
Living cost
38 251
38 251
38 251
38 251
Free-cash
38 865
25 905
44 729
33 474

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30713
₽23029
₽23029
₽32897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 424
social contributions
-
-
-
11 609
total
-
-
-
45 033
Employee
77 500
-
124 500
-
income
14 624
-
33 424
-
social contributions
6 439
-
11 609
-
total
21 063
-
45 033
-
Employer
77 500
-
124 500
-
total
-
-
-
-
Corporate
47 000
124 500
-
-
income
5 876
15 562
-
-
total
5 876
15 562
-
-
Dividends
41 125
108 938
-
-
withholding
8 226
21 787
-
-
total
8 226
21 787
-
-
Income
124 500
124 500
124 500
124 500
Total tax
35 165
37 349
45 033
45 033
After tax
89 335
87 151
79 467
79 467
Living cost
56 438
56 438
56 438
56 438
Free-cash
32 897
30 713
23 029
23 029

Estimated living cost  is ₽56438 per week

₽42937
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.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39726
₽55609
₽54303
₽43187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 202
health

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

-
-
-
6 030
total
-
-
-
34 232
Employee
45 450
-
119 942
-
income
4 932
-
23 810
-
social contributions
4 554
-
4 558
-
total
9 486
-
28 368
-
Employer
45 450
-
119 942
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
74 496
124 500
-
-
income
26 074
43 575
-
-
total
26 074
43 575
-
-
Dividends
48 422
80 925
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 348
48 809
32 926
34 232
After tax
79 152
75 691
91 574
90 268
Living cost
35 965
35 965
35 965
35 965
Free-cash
43 187
39 726
55 609
54 303

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50162
₽38069
₽49611
₽51063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 346
pensions
-
-
-
7 891
total
-
-
-
38 237
Employee
50 310
-
109 214
-
pensions
3 840
-
10 066
-
income
9 162
-
22 651
-
health
656
-
1 776
-
total
13 658
-
34 493
-
Employer
50 310
-
109 214
-
health
956
-
2 075
-
pensions
5 083
-
13 211
-
total
6 039
-
15 286
-
Corporate
68 150
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.

12 948
23 655
-
-
total
12 948
23 655
-
-
Dividends
55 203
100 845
-
-
withholding
4 140
14 031
-
-
total
4 140
14 031
-
-
Income
124 500
124 500
124 500
124 500
Total tax
36 785
37 686
49 779
38 237
After tax
87 715
86 814
74 721
86 263
Living cost
36 652
36 652
36 652
36 652
Free-cash
51 063
50 162
38 069
49 611

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13801
₽41909
₽61411
₽6421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
32 220
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
39 204
Employee
37 572
-
108 964
-
pensions
4 231
-
7 650
-
income
5 155
-
23 043
-
health
4 302
-
12 476
-
total
13 688
-
43 169
-
Employer
37 572
-
108 964
-
pensions
6 109
-
11 047
-
accident
627
-
1 820
-
unemployment
920
-
2 670
-
total
7 656
-
15 537
-
Corporate
79 271
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.

71 344
112 050
-
-
total
71 344
112 050
-
-
Dividends
7 927
12 450
-
-
withholding
1 506
2 366
-
-
total
1 506
2 366
-
-
Income
124 500
124 500
124 500
124 500
Total tax
94 194
114 416
58 706
39 204
After tax
30 306
10 084
65 794
85 296
Living cost
23 885
23 885
23 885
23 885
Free-cash
6 421
-13 801
41 909
61 411

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91383
₽69558
₽57109
₽86747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 770
unemployment
-
-
-
1 494
work injury
-
-
-
622
health insurance
-
-
-
9 213
pensions
-
-
-
22 908
total
-
-
-
54 007
Employee

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

21 414
-
124 500
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
19 770
-
total
8 030
-
41 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 086
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%.

1 031
1 245
-
-
total
1 031
1 245
-
-
Dividends
102 055
123 255
-
-
withholding
15 308
18 488
-
-
total
15 308
18 488
-
-
Income
124 500
124 500
124 500
124 500
Total tax
24 369
19 733
41 558
54 007
After tax
100 131
104 767
82 942
70 493
Living cost
13 384
13 384
13 384
13 384
Free-cash
86 747
91 383
69 558
57 109

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26108
₽15539
₽21232
₽21602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 021
regional
-
-
-
2 721
municipal
-
-
-
833
national
-
-
-
28 223
total
-
-
-
63 798
Employee
83 488
-
124 500
-
municipal
498
-
743
-
national
14 109
-
24 438
-
regional
1 260
-
2 328
-
social contributions
28 152
-
41 982
-
total
44 019
-
69 491
-
Employer
83 488
-
124 500
-
total
-
-
-
-
Corporate
41 012
124 500
-
-
municipal
1 976
6 001
-
-
nationa
9 843
29 880
-
-
total
11 819
35 881
-
-
Dividends
29 193
88 619
-
-
withholding
7 590
23 041
-
-
total
7 590
23 041
-
-
Income
124 500
124 500
124 500
124 500
Total tax
63 428
58 922
69 491
63 798
After tax
61 072
65 578
55 009
60 702
Living cost
39 470
39 470
39 470
39 470
Free-cash
21 602
26 108
15 539
21 232

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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