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
₽32105
₽43346
₽40387
₽52556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
12 169
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.

-
-
-
32 443
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.

-
-
-
6 941
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.

-
-
-
1 784
total
-
-
-
53 337
Employee

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

38 862
-
124 500
-
health

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

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

6 941
-
6 941
-
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.

60
-
1 784
-
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.

1 086
-
32 443
-
total
8 087
-
41 168
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 638
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.

706
1 028
-
-
income
12 845
18 674
-
-
trade
13 488
19 610
-
-
chamber of commerce
278
334
-
-
total
27 317
39 646
-
-
Dividends
58 321
84 855
-
-
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.

781
1 145
-
-
withholding
14 193
20 828
-
-
total
14 974
21 973
-
-
Income
124 500
124 500
124 500
124 500
Total tax
50 378
61 619
41 168
53 337
After tax
74 122
62 881
83 332
71 163
Living cost
30 776
30 776
30 776
30 776
Free-cash
43 346
32 105
52 556
40 387

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26421
₽25569
₽23150
₽24127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
municipal
-
-
-
13 259
pensions
-
-
-
14 940
national
-
-
-
20 546
social contributions
-
-
-
1 338
total
-
-
-
50 083
Employee
79 474
-
107 629
-
municipal
9 816
-
13 741
-
pensions
3 179
-
4 305
-
national
15 211
-
21 293
-
total
28 206
-
39 339
-
Employer
79 474
-
107 629
-
social contributions
854
-
1 157
-
pensions
6 358
-
8 610
-
total
7 212
-
9 767
-
Corporate
32 569
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%.

6 514
24 900
-
-
total
6 514
24 900
-
-
Dividends
26 055
99 600
-
-
withholding
5 732
21 912
-
-
total
5 732
21 912
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 664
46 812
49 106
50 083
After tax
76 836
77 688
75 394
74 417
Living cost
51 267
51 267
51 267
51 267
Free-cash
25 569
26 421
24 127
23 150

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78462
₽70128
₽14161
₽48775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
18 524
surtax
-
-
-
31 747
social contributions

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

-
-
-
38 930
total
-
-
-
89 201
Employee
29 690
-
100 330
-
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.

3 266
-
11 037
-
surtax
-
-
-
-
income
5 285
-
19 380
-
total
8 551
-
30 417
-
Employer
29 690
-
100 330
-
social contributions

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

7 152
-
24 170
-
surtax
-
-
-
-
total
7 152
-
24 170
-
Corporate
87 659
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%.

17 531
24 900
-
-
total
17 531
24 900
-
-
Dividends

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

70 128
99 600
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
33 234
24 900
54 587
89 201
After tax
91 266
99 600
69 913
35 299
Living cost
21 138
21 138
21 138
21 138
Free-cash
70 128
78 462
48 775
14 161

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18263
₽12039
₽28925
₽24857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 577
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
53 011
Employee
86 768
86 768
105 949
-
health
13 318
11 328
12 421
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 905
11 905
-
total
43 138
37 435
38 528
-
Employer
86 768
86 768
105 949
-
unemployment
3 124
3 124
3 814
-
pensions
6 039
6 039
7 373
-
health
6 031
6 031
7 364
-
total
15 194
15 194
18 551
-
Corporate
23 603
22 538
-
-
income
4 720
4 508
-
-
total
4 720
4 508
-
-
Dividends
18 883
18 030
-
-
income
4 013
3 831
-
-
withholding
2 832
2 705
-
-
total
6 845
6 536
-
-
Income
124 500
124 500
124 500
124 500
Total tax
69 897
63 673
57 079
53 011
After tax
54 603
60 827
67 421
71 489
Living cost
42 564
42 564
42 564
42 564
Free-cash
12 039
18 263
24 857
28 925

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28835
₽27955
₽27061
₽26006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
municipal
-
-
-
29 715
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
3 730
total
-
-
-
58 297
Employee
55 773
-
97 547
-
municipal
16 632
-
29 088
-
national
-
-
3 310
-
total
16 632
-
32 398
-
Employer
55 773
-
97 547
-
accident
112
-
172
-
other
6 481
-
9 968
-
unemployment
1 472
-
2 265
-
pensions
6 029
-
9 273
-
health
3 430
-
5 276
-
total
17 524
-
26 954
-
Corporate
51 203
124 500
-
-
income
11 265
27 390
-
-
total
11 265
27 390
-
-
Dividends
39 938
97 110
-
-
withholding
11 982
29 133
-
-
total
11 982
29 133
-
-
Income
124 500
124 500
124 500
124 500
Total tax
57 403
56 523
59 352
58 297
After tax
67 097
67 977
65 148
66 203
Living cost
39 142
39 142
39 142
39 142
Free-cash
27 955
28 835
26 006
27 061

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22326
₽36602
₽30708
₽43417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
12 709
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.

-
-
-
32 443
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.

-
-
-
6 941
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.

-
-
-
1 784
total
-
-
-
53 877
Employee

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

51 527
-
124 500
-
health

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

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

6 941
-
6 941
-
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.

243
-
1 784
-
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.

4 427
-
32 443
-
total
11 611
-
41 168
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 973
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.

602
1 028
-
-
income
10 946
18 674
-
-
trade
12 005
20 481
-
-
chamber of commerce
258
332
-
-
total
23 811
40 515
-
-
Dividends
49 162
83 985
-
-
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.

656
1 134
-
-
withholding
11 905
20 610
-
-
total
12 561
21 744
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 983
62 259
41 168
53 877
After tax
76 517
62 241
83 332
70 623
Living cost
39 915
39 915
39 915
39 915
Free-cash
36 602
22 326
43 417
30 708

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
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.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58046
₽53833
₽54326
₽52990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
income
-
-
-
17 602
health
-
-
-
3 176
social contributions
-
-
-
16 440
total
-
-
-
37 218
Employee
78 130
78 130
113 652
-
social contributions
3 797
6 484
8 746
-
health
777
1 329
1 932
-
income
8 204
7 233
17 028
-
total
12 778
15 046
27 706
-
Employer
78 130
78 130
113 652
-
social contributions
3 797
6 484
8 746
-
health
846
1 446
2 102
-
total
4 643
7 930
10 848
-
Corporate
74 123
38 439
-
-
income
9 265
4 805
-
-
total
9 265
4 805
-
-
Dividends
64 858
33 634
-
-
withholding
11 025
5 717
-
-
total
11 025
5 717
-
-
Income
124 500
124 500
124 500
124 500
Total tax
37 711
33 498
38 554
37 218
After tax
86 789
91 002
85 946
87 282
Living cost
32 956
32 956
32 956
32 956
Free-cash
53 833
58 046
52 990
54 326

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51648
₽52033
₽67845
₽53771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 450
unemployment
-
-
-
1 868
health
-
-
-
8 715
total
-
-
-
38 253
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.

26 564
10 572
104 184
-
health
1 859
740
7 293
-
income
3 247
1 292
12 737
-
pensions
2 656
1 057
10 418
-
unemployment
398
159
1 563
-
total
8 160
3 248
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.

26 564
10 572
104 184
-
pensions
5 180
2 062
20 316
-
total
5 180
2 062
20 316
-
Corporate
92 756
111 866
-
-
income
8 348
10 068
-
-
total
8 348
10 068
-
-
Dividends
84 408
101 798
-
-
social contributions
16 339
19 730
-
-
withholding
16 038
19 342
-
-
total
32 377
39 072
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 065
54 450
52 327
38 253
After tax
70 435
70 050
72 173
86 247
Living cost
18 402
18 402
18 402
18 402
Free-cash
52 033
51 648
53 771
67 845

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75058
₽68747
₽42190
₽47218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 900
health
-
-
-
16 185
total
-
-
-
57 768
Employee
28 824
-
93 050
-
income
3 245
-
17 940
-
pensions
577
-
1 861
-
unemployment
461
-
1 489
-
total
4 283
-
21 290
-
Employer
28 824
-
93 050
-
unemployment
231
-
744
-
pensions
5 765
-
18 609
-
health
3 746
-
12 097
-
total
9 742
-
31 450
-
Corporate
85 933
124 500
-
-
income
17 186
24 900
-
-
total
17 186
24 900
-
-
Dividends
68 747
99 600
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
31 211
24 900
52 740
57 768
After tax
93 289
99 600
71 760
66 732
Living cost
24 542
24 542
24 542
24 542
Free-cash
68 747
75 058
47 218
42 190

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12105
₽6680
₽63109
₽43568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
32 175
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
39 201
Employee
34 905
-
108 901
-
health
3 997
-
12 469
-
income
4 789
-
22 979
-
pensions
3 930
-
7 695
-
total
12 716
-
43 143
-
Employer
34 905
-
108 901
-
accident
583
-
1 819
-
unemployment
855
-
2 668
-
pensions
5 676
-
11 112
-
total
7 114
-
15 599
-
Corporate
82 481
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.

74 233
112 050
-
-
total
74 233
112 050
-
-
Dividends
8 248
12 450
-
-
withholding
1 567
2 365
-
-
total
1 567
2 365
-
-
Income
124 500
124 500
124 500
124 500
Total tax
95 630
114 415
58 742
39 201
After tax
28 870
10 085
65 758
85 299
Living cost
22 190
22 190
22 190
22 190
Free-cash
6 680
-12 105
43 568
63 109

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109013
₽107277
₽113993
₽90338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
124 500
-
income
2 315
-
24 900
-
total
2 315
-
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%.

112 923
124 500
-
-
total
-
-
-
-
Dividends
112 923
124 500
-
-
withholding
5 646
6 225
-
-
total
5 646
6 225
-
-
Income
124 500
124 500
124 500
124 500
Total tax
7 961
6 225
24 900
1 245
After tax
116 539
118 275
99 600
123 255
Living cost
9 262
9 262
9 262
9 262
Free-cash
107 277
109 013
90 338
113 993

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64397
₽57535
₽39648
₽44795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 507
pensions

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

-
-
-
29 879
other
-
-
-
5 914
health
-
-
-
5 478
total
-
-
-
57 778
Employee
36 892
-
99 440
-
health
517
-
1 392
-
income
6 351
-
18 223
-
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.

2 582
-
6 961
-
unemployment
368
-
995
-
total
9 818
-
27 571
-
Employer
36 892
-
99 440
-
accident
295
-
796
-
other
1 845
-
4 973
-
unemployment
368
-
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.

6 272
-
16 904
-
health
517
-
1 392
-
total
9 297
-
25 060
-
Corporate
78 310
124 500
-
-
income
16 445
26 144
-
-
total
16 445
26 144
-
-
Dividends
61 865
98 356
-
-
withholding
4 331
6 885
-
-
total
4 331
6 885
-
-
Income
124 500
124 500
124 500
124 500
Total tax
39 891
33 029
52 631
57 778
After tax
84 609
91 471
71 869
66 722
Living cost
27 074
27 074
27 074
27 074
Free-cash
57 535
64 397
44 795
39 648

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19099
₽10838
₽18342
₽6766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 672
pensions
-
-
-
8 089
total
-
-
-
37 761
Employee
96 771
-
109 272
-
health
1 595
-
1 800
-
income
17 444
-
21 953
-
pensions
9 336
-
10 356
-
total
28 375
-
34 109
-
Employer
96 771
-
109 272
-
pensions
11 426
-
13 151
-
health
1 838
-
2 077
-
total
13 264
-
15 228
-
Corporate
14 465
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.

2 748
23 656
-
-
total
2 748
23 656
-
-
Dividends
11 718
100 844
-
-
withholding
878
13 348
-
-
total
878
13 348
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 265
37 004
49 337
37 761
After tax
79 235
87 496
75 163
86 739
Living cost
68 397
68 397
68 397
68 397
Free-cash
10 838
19 099
6 766
18 342

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽93125
₽88407
₽83026
₽87322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
28 152
Employee
17 640
-
117 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
11 754
-
pensions

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

1 549
-
3 116
-
total
4 318
-
16 893
-
Employer
17 640
-
117 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
103 398
124 500
-
-
income
10 340
12 450
-
-
total
10 340
12 450
-
-
Dividends
93 058
112 050
-
-
withholding
4 652
5 603
-
-
total
4 652
5 603
-
-
Income
124 500
124 500
124 500
124 500
Total tax
22 771
18 053
23 856
28 152
After tax
101 729
106 447
100 644
96 348
Living cost
13 322
13 322
13 322
13 322
Free-cash
88 407
93 125
87 322
83 026

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4485
₽7041
₽15147
₽11079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 577
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
53 011
Employee
94 202
86 768
105 949
-
health
11 752
11 328
12 421
-
income

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

14 202
14 202
14 202
-
pensions
11 905
11 905
11 905
-
total
37 859
37 435
38 528
-
Employer
94 202
86 768
105 949
-
unemployment
3 392
3 124
3 814
-
pensions
6 556
6 039
7 373
-
health
6 546
6 031
7 364
-
total
16 494
15 194
18 551
-
Corporate
13 805
22 538
-
-
income
2 761
4 508
-
-
total
2 761
4 508
-
-
Dividends
11 043
18 030
-
-
income
2 347
3 831
-
-
withholding
1 656
2 705
-
-
total
4 003
6 536
-
-
Income
124 500
124 500
124 500
124 500
Total tax
61 117
63 673
57 079
53 011
After tax
63 383
60 827
67 421
71 489
Living cost
56 342
56 342
56 342
56 342
Free-cash
7 041
4 485
11 079
15 147

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61444
₽52784
₽37575
₽38905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 915
health
-
-
-
16 807
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
62 651
Employee
35 696
-
92 910
-
social contributions
2 320
-
6 039
-
health
4 819
-
12 543
-
solidarity contribution
-
-
-
-
income
4 284
-
11 149
-
total
11 423
-
29 731
-
Employer
35 696
-
92 910
-
social contributions
8 924
-
23 228
-
health
3 213
-
8 362
-
total
12 137
-
31 590
-
Corporate
76 667
124 500
-
-
income
14 567
23 655
-
-
total
14 567
23 655
-
-
Dividends
62 100
100 845
-
-
withholding
9 315
15 127
-
-
total
9 315
15 127
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 442
38 782
61 321
62 651
After tax
77 058
85 718
63 179
61 849
Living cost
24 274
24 274
24 274
24 274
Free-cash
52 784
61 444
38 905
37 575

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23551
₽18246
₽19405
₽13483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
municipal
-
-
-
740
regional
-
-
-
1 413
national
-
-
-
28 047
social contributions
-
-
-
32 021
total
-
-
-
62 221
Employee
90 301
-
124 500
-
social contributions
30 450
-
41 982
-
regional
852
-
1 242
-
municipal
478
-
659
-
national
15 647
-
24 260
-
total
47 427
-
68 143
-
Employer
90 301
-
124 500
-
total
-
-
-
-
Corporate
34 199
124 500
-
-
nationa
8 208
29 881
-
-
municipal
1 334
4 855
-
-
total
9 542
34 736
-
-
Dividends
24 656
89 764
-
-
withholding
6 411
23 339
-
-
total
6 411
23 339
-
-
Income
124 500
124 500
124 500
124 500
Total tax
63 380
58 075
68 143
62 221
After tax
61 120
66 425
56 357
62 279
Living cost
42 874
42 874
42 874
42 874
Free-cash
18 246
23 551
13 483
19 405

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55890
₽52728
₽38078
₽36027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 468
pensions
-
-
-
24 900
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 841
surtax
-
-
-
3 561
total
-
-
-
64 001
Employee
33 601
-
102 850
-
other
-
-
-
-
health
858
-
2 622
-
surtax
110
-
3 237
-
income
5 632
-
24 524
-
pensions
2 241
-
6 860
-
unemployment
2 339
-
7 159
-
total
11 180
-
44 402
-
Employer
33 601
-
102 850
-
other
-
-
-
-
unemployment
1 064
-
3 261
-
pensions
4 479
-
13 709
-
health
1 529
-
4 680
-
total
7 072
-
21 650
-
Corporate
83 827
124 500
-
-
income
21 794
32 370
-
-
total
21 794
32 370
-
-
Dividends
62 033
92 130
-
-
withholding
9 305
13 819
-
-
total
9 305
13 819
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 351
46 189
66 052
64 001
After tax
75 149
78 311
58 448
60 499
Living cost
22 421
22 421
22 421
22 421
Free-cash
52 728
55 890
36 027
38 078

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
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.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40769
₽38507
₽40012
₽28436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 672
pensions
-
-
-
8 089
total
-
-
-
37 761
Employee
64 853
-
109 272
-
health
941
-
1 800
-
income
11 680
-
21 953
-
pensions
5 505
-
10 356
-
total
18 126
-
34 109
-
Employer
64 853
-
109 272
-
pensions
7 020
-
13 151
-
health
1 232
-
2 077
-
total
8 252
-
15 228
-
Corporate
51 394
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.

9 766
23 656
-
-
total
9 766
23 656
-
-
Dividends
41 628
100 844
-
-
withholding
3 122
13 348
-
-
total
3 122
13 348
-
-
Income
124 500
124 500
124 500
124 500
Total tax
39 266
37 004
49 337
37 761
After tax
85 234
87 496
75 163
86 739
Living cost
46 727
46 727
46 727
46 727
Free-cash
38 507
40 769
28 436
40 012

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20696
₽12519
₽25267
₽19093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 312
pensions
-
-
-
11 454
other

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

-
-
-
2 490
regional
-
-
-
4 903
health
-
-
-
281
national
-
-
-
1 167
total
-
-
-
21 607
Employee
90 843
-
111 435
-
city
975
-
1 196
-
regional
2 975
-
4 225
-
health
205
-
251
-
pensions
7 632
-
9 359
-
unemployment
-
-
-
-
national
430
-
911
-
total
12 217
-
15 942
-
Employer
90 843
-
111 435
-
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.

1 816
-
2 229
-
unemployment
-
-
-
-
pensions
7 632
-
9 359
-
health
205
-
251
-
total
9 653
-
11 839
-
Corporate
23 004
124 500
-
-
regional
4 865
26 331
-
-
national
1 956
10 583
-
-
total
6 821
36 914
-
-
Dividends
16 184
87 586
-
-
withholding
5 664
30 656
-
-
total
5 664
30 656
-
-
Income
124 500
124 500
124 500
124 500
Total tax
34 355
67 570
27 781
21 607
After tax
90 145
56 930
96 719
102 893
Living cost
77 626
77 626
77 626
77 626
Free-cash
12 519
-20 696
19 093
25 267

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15055
₽31534
₽23536
₽36786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 250
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.

-
-
-
32 443
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.

-
-
-
6 941
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.

-
-
-
1 784
total
-
-
-
54 418
Employee

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

61 064
-
124 500
-
health

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

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

6 941
-
6 941
-
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.

395
-
1 784
-
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.

7 181
-
32 443
-
total
14 517
-
41 168
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 436
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.

523
1 028
-
-
income
9 516
18 674
-
-
trade
10 879
21 353
-
-
chamber of commerce
243
330
-
-
total
21 161
41 385
-
-
Dividends
42 277
83 116
-
-
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.

559
1 122
-
-
withholding
10 183
20 392
-
-
total
10 742
21 514
-
-
Income
124 500
124 500
124 500
124 500
Total tax
46 420
62 899
41 168
54 418
After tax
78 080
61 601
83 332
70 082
Living cost
46 546
46 546
46 546
46 546
Free-cash
31 534
15 055
36 786
23 536

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
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.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27985
₽33986
₽36277
₽39720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 095
pensions
-
-
-
27 392
other
-
-
-
3 860
health
-
-
-
3 565
surtax
-
-
-
-
social contributions
-
-
-
3 548
total
-
-
-
53 460
Employee
43 486
-
99 432
-
social contributions
1 240
-
2 832
-
surtax
-
-
-
-
income
2 566
-
16 518
-
pensions
4 917
-
5 599
-
total
8 723
-
24 949
-
Employer
43 486
-
99 432
-
other
1 500
-
3 430
-
social contributions
131
-
299
-
unemployment
1 760
-
4 028
-
pensions
7 144
-
9 665
-
health
3 045
-
7 646
-
total
13 580
-
25 068
-
Corporate
67 434
124 500
-
-
surtax
-
-
-
-
income
18 881
34 859
-
-
total
18 881
34 859
-
-
Dividends
48 553
89 641
-
-
surtax
-
-
-
-
social contributions
8 353
15 418
-
-
withholding
6 214
11 475
-
-
total
14 567
26 893
-
-
Income
124 500
124 500
124 500
124 500
Total tax
55 751
61 752
50 017
53 460
After tax
68 749
62 748
74 483
71 040
Living cost
34 763
34 763
34 763
34 763
Free-cash
33 986
27 985
39 720
36 277

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31429
₽37076
₽39721
₽43164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 095
pensions
-
-
-
27 392
other
-
-
-
3 860
health
-
-
-
3 565
surtax
-
-
-
-
social contributions
-
-
-
3 548
total
-
-
-
53 460
Employee
38 817
-
99 432
-
social contributions
1 107
-
2 832
-
surtax
-
-
-
-
income
2 001
-
16 518
-
pensions
4 390
-
5 599
-
total
7 498
-
24 949
-
Employer
38 817
-
99 432
-
other
1 340
-
3 430
-
social contributions
116
-
299
-
unemployment
1 571
-
4 028
-
pensions
6 378
-
9 665
-
health
2 717
-
7 646
-
total
12 122
-
25 068
-
Corporate
73 560
124 500
-
-
surtax
-
-
-
-
income
20 597
34 859
-
-
total
20 597
34 859
-
-
Dividends
52 964
89 641
-
-
surtax
-
-
-
-
social contributions
9 109
15 418
-
-
withholding
6 779
11 475
-
-
total
15 888
26 893
-
-
Income
124 500
124 500
124 500
124 500
Total tax
56 105
61 752
50 017
53 460
After tax
68 395
62 748
74 483
71 040
Living cost
31 319
31 319
31 319
31 319
Free-cash
37 076
31 429
43 164
39 721

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54412
₽54938
₽58409
₽57441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 674
health
-
-
-
8 690
social contributions
-
-
-
17 182
total
-
-
-
44 546
Employee
34 451
-
124 500
-
social contributions
4 755
-
17 182
-
health
2 404
-
8 690
-
income
5 746
-
19 642
-
total
12 905
-
45 514
-
Employer
34 451
-
124 500
-
total
-
-
-
-
Corporate
90 049
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%.

4 502
6 224
-
-
total
4 502
6 224
-
-
Dividends
85 547
118 276
-
-
health
5 972
8 256
-
-
social contributions
11 806
16 322
-
-
withholding
12 832
17 741
-
-
total
30 610
42 319
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 017
48 543
45 514
44 546
After tax
76 483
75 957
78 986
79 954
Living cost
21 545
21 545
21 545
21 545
Free-cash
54 938
54 412
57 441
58 409

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
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.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33602
₽32034
₽26240
-₽978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
497
income
-
-
-
24 488
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
62 458
Employee
50 778
40 492
96 520
-
other
507
405
966
-
health
1 965
1 568
3 735
-
income
5 781
2 987
21 050
-
pensions
5 200
4 146
9 884
-
unemployment
1 523
1 215
2 896
-
total
14 976
10 321
38 531
-
Employer
50 778
40 492
96 520
-
accident
659
526
1 255
-
other
2 412
1 922
4 583
-
chamber of commerce
202
162
386
-
unemployment
1 523
1 215
2 896
-
surtax
201
201
201
-
pensions
6 373
5 083
12 113
-
payroll
1 523
1 215
2 896
-
health
1 919
1 531
3 648
-
total
14 812
11 855
27 978
-
Corporate
58 910
72 154
92 666
-
income

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

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

14 727
18 038
23 167
-
total
14 727
18 038
23 167
-
Dividends
44 182
54 116
-
-
withholding
12 149
14 882
-
-
total
12 149
14 882
-
-
Income
124 500
124 500
124 500
124 500
Total tax
56 664
55 096
89 676
62 458
After tax
67 836
69 404
34 824
62 042
Living cost
35 802
35 802
35 802
35 802
Free-cash
32 034
33 602
-978
26 240

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32696
₽17453
₽18985
₽9827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
42 331
communal

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

-
-
-
6 278
social contributions
-
-
-
19 859
total
-
-
-
68 468
Employee

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

72 680
-
96 430
-
communal

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

3 791
-
5 029
-
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.

3 415
-
4 531
-
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.

5 451
-
7 233
-
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.

632
-
839
-
national
22 345
-
31 923
-
total
35 634
-
49 555
-
Employer

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

72 680
-
96 430
-
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.

945
-
1 253
-
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.

1 060
-
1 408
-
surtax
8 241
-
10 937
-
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.

6 440
-
8 544
-
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.

4 470
-
5 929
-
total
21 156
-
28 071
-
Corporate
30 664
124 500
-
-
surtax
123
497
-
-
income
6 134
24 900
-
-
total
6 257
25 397
-
-
Dividends
24 408
99 102
-
-
withholding

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

6 953
29 360
-
-
total
6 953
29 360
-
-
Income
124 500
124 500
124 500
124 500
Total tax
70 000
54 757
77 626
68 468
After tax
54 500
69 743
46 874
56 032
Living cost
37 047
37 047
37 047
37 047
Free-cash
17 453
32 696
9 827
18 985

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46952
₽39045
₽32231
₽27345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
27 323
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
55 575
Employee
50 577
-
94 476
-
other
50
-
94
-
income
10 671
-
24 456
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
30 437
-
Employer
50 577
-
94 476
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 226
-
total
16 121
-
30 024
-
Corporate
57 801
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.

8 671
18 674
-
-
total
8 671
18 674
-
-
Dividends
49 130
105 826
-
-
withholding
10 086
22 180
-
-
total
10 086
22 180
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 761
40 854
60 461
55 575
After tax
75 739
83 646
64 039
68 925
Living cost
36 694
36 694
36 694
36 694
Free-cash
39 045
46 952
27 345
32 231

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20046
₽10437
₽12435
₽17399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 049
income
-
-
-
14 351
pensions
-
-
-
18 661
health
-
-
-
8 746
surtax
-
-
-
6 172
communal
-
-
-
7 869
total
-
-
-
56 848
Employee
76 946
-
111 211
-
health
3 424
-
4 948
-
surtax
4 716
-
6 816
-
income
7 432
-
17 933
-
pensions
6 155
-
8 897
-
total
21 727
-
38 594
-
Employer
76 946
-
111 211
-
accident
692
-
1 001
-
pensions
6 155
-
8 897
-
health
2 347
-
3 392
-
total
9 194
-
13 290
-
Corporate
38 361
124 500
-
-
surtax
403
1 307
-
-
communal
2 590
8 403
-
-
income
5 754
18 674
-
-
total
8 747
28 384
-
-
Dividends
29 615
96 115
-
-
income
14 735
6 436
-
-
withholding
4 443
14 417
-
-
total
19 178
20 853
-
-
Income
124 500
124 500
124 500
124 500
Total tax
58 846
49 237
51 884
56 848
After tax
65 654
75 263
72 616
67 652
Living cost
55 217
55 217
55 217
55 217
Free-cash
10 437
20 046
17 399
12 435

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55489
₽52257
₽37677
₽35626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 468
pensions
-
-
-
24 900
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 841
surtax
-
-
-
3 561
total
-
-
-
64 001
Employee
34 217
-
102 850
-
other
-
-
-
-
health
873
-
2 622
-
surtax
121
-
3 237
-
income
5 736
-
24 524
-
pensions
2 283
-
6 860
-
unemployment
2 381
-
7 159
-
total
11 394
-
44 402
-
Employer
34 217
-
102 850
-
other
-
-
-
-
unemployment
1 086
-
3 261
-
pensions
4 562
-
13 709
-
health
1 556
-
4 680
-
total
7 204
-
21 650
-
Corporate
83 079
124 500
-
-
income
21 601
32 370
-
-
total
21 601
32 370
-
-
Dividends
61 478
92 130
-
-
withholding
9 222
13 819
-
-
total
9 222
13 819
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 421
46 189
66 052
64 001
After tax
75 079
78 311
58 448
60 499
Living cost
22 822
22 822
22 822
22 822
Free-cash
52 257
55 489
35 626
37 677

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38068
₽35814
₽34444
₽28554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
municipal
-
-
-
740
regional
-
-
-
1 877
national
-
-
-
28 047
social contributions
-
-
-
32 021
total
-
-
-
62 685
Employee
56 363
-
124 500
-
social contributions
19 006
-
41 982
-
regional
759
-
1 674
-
municipal
299
-
659
-
national
8 929
-
24 260
-
total
28 993
-
68 575
-
Employer
56 363
-
124 500
-
total
-
-
-
-
Corporate
68 137
124 500
-
-
nationa
16 353
29 881
-
-
municipal
3 386
6 188
-
-
total
19 739
36 069
-
-
Dividends
48 399
88 432
-
-
withholding
12 583
22 992
-
-
total
12 583
22 992
-
-
Income
124 500
124 500
124 500
124 500
Total tax
61 315
59 061
68 575
62 685
After tax
63 185
65 439
55 925
61 815
Living cost
27 371
27 371
27 371
27 371
Free-cash
35 814
38 068
28 554
34 444

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55807
₽45137
₽31938
₽33268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 915
health
-
-
-
16 807
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
62 651
Employee
43 987
-
92 910
-
social contributions
2 859
-
6 039
-
health
5 938
-
12 543
-
solidarity contribution
-
-
-
-
income
5 278
-
11 149
-
total
14 075
-
29 731
-
Employer
43 987
-
92 910
-
social contributions
10 997
-
23 228
-
health
3 959
-
8 362
-
total
14 956
-
31 590
-
Corporate
65 557
124 500
-
-
income
12 456
23 655
-
-
total
12 456
23 655
-
-
Dividends
53 101
100 845
-
-
withholding
7 965
15 127
-
-
total
7 965
15 127
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 452
38 782
61 321
62 651
After tax
75 048
85 718
63 179
61 849
Living cost
29 911
29 911
29 911
29 911
Free-cash
45 137
55 807
33 268
31 938

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37097
₽36599
₽29827
₽2446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
497
income
-
-
-
24 488
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
62 257
Employee
44 415
40 492
96 676
-
other
443
405
966
-
health
1 718
1 568
3 741
-
income
3 957
2 987
21 104
-
pensions
4 549
4 146
9 899
-
unemployment
1 332
1 215
2 900
-
total
11 999
10 321
38 610
-
Employer
44 415
40 492
96 676
-
accident
577
526
1 257
-
other
2 109
1 922
4 591
-
chamber of commerce
177
162
388
-
unemployment
1 332
1 215
2 900
-
surtax
-
-
-
-
pensions
5 574
5 083
12 132
-
payroll
1 332
1 215
2 900
-
health
1 679
1 531
3 654
-
total
12 780
11 654
27 822
-
Corporate
67 303
72 355
92 822
-
income

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

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

16 825
18 088
23 206
-
total
16 825
18 088
23 206
-
Dividends
50 478
54 266
-
-
withholding
13 881
14 924
-
-
total
13 881
14 924
-
-
Income
124 500
124 500
124 500
124 500
Total tax
55 485
54 987
89 638
62 257
After tax
69 015
69 513
34 862
62 243
Living cost
32 416
32 416
32 416
32 416
Free-cash
36 599
37 097
2 446
29 827

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103842
₽101136
₽108822
₽85167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
124 500
-
income
3 608
-
24 900
-
total
3 608
-
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%.

106 459
124 500
-
-
total
-
-
-
-
Dividends
106 459
124 500
-
-
withholding
5 323
6 225
-
-
total
5 323
6 225
-
-
Income
124 500
124 500
124 500
124 500
Total tax
8 931
6 225
24 900
1 245
After tax
115 569
118 275
99 600
123 255
Living cost
14 433
14 433
14 433
14 433
Free-cash
101 136
103 842
85 167
108 822

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58465
₽49966
₽36155
₽32588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 916
pensions
-
-
-
22 737
unemployment
-
-
-
187
health
-
-
-
12 252
total
-
-
-
61 092
Employee

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

44 931
-
107 727
-
health
2 902
-
6 959
-
income
7 748
-
24 078
-
pensions
6 965
-
16 698
-
unemployment
64
-
150
-
total
17 679
-
47 885
-
Employer

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

44 931
-
107 727
-
unemployment
27
-
66
-
pensions
3 976
-
9 533
-
health
2 993
-
7 175
-
total
6 996
-
16 774
-
Corporate
72 574
124 500
-
-
income
13 788
23 655
-
-
total
13 788
23 655
-
-
Dividends
58 786
100 845
-
-
withholding
8 818
15 127
-
-
total
8 818
15 127
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 281
38 782
64 659
61 092
After tax
77 219
85 718
59 841
63 408
Living cost
27 253
27 253
27 253
27 253
Free-cash
49 966
58 465
32 588
36 155

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31853
-₽27177
₽42146
₽67225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
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
107 784
48 754
13 382
38 461
After tax
16 716
75 746
111 118
86 039
Living cost
43 893
43 893
43 893
43 893
Free-cash
-27 177
31 853
67 225
42 146

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38945
₽37922
₽36624
₽28861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 741
surtax
-
-
-
-
social contributions

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

-
-
-
43 264
total
-
-
-
56 005
Employee
46 731
-
100 606
-
social contributions
5 141
-
11 066
-
surtax
-
-
-
-
income
9 720
-
28 808
-
total
14 861
-
39 874
-
Employer
46 731
-
100 606
-
social contributions
11 099
-
23 894
-
total
11 099
-
23 894
-
Corporate
66 670
124 500
-
-
surtax
-
-
-
-
income
14 000
26 144
-
-
total
14 000
26 144
-
-
Dividends
52 670
98 356
-
-
withholding
14 747
27 540
-
-
total
14 747
27 540
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 707
53 684
63 768
56 005
After tax
69 793
70 816
60 732
68 495
Living cost
31 871
31 871
31 871
31 871
Free-cash
37 922
38 945
28 861
36 624

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13674
₽20658
₽21966
₽25409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 095
pensions
-
-
-
27 392
other
-
-
-
3 860
health
-
-
-
3 565
surtax
-
-
-
-
social contributions
-
-
-
3 548
total
-
-
-
53 460
Employee
63 638
-
99 432
-
social contributions
1 812
-
2 832
-
surtax
-
-
-
-
income
5 553
-
16 518
-
pensions
7 198
-
5 599
-
total
14 563
-
24 949
-
Employer
63 638
-
99 432
-
other
2 196
-
3 430
-
social contributions
191
-
299
-
unemployment
2 578
-
4 028
-
pensions
10 456
-
9 665
-
health
4 454
-
7 646
-
total
19 875
-
25 068
-
Corporate
40 986
124 500
-
-
surtax
-
-
-
-
income
11 476
34 859
-
-
total
11 476
34 859
-
-
Dividends
29 510
89 641
-
-
surtax
-
-
-
-
social contributions
5 077
15 418
-
-
withholding
3 777
11 475
-
-
total
8 854
26 893
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 768
61 752
50 017
53 460
After tax
69 732
62 748
74 483
71 040
Living cost
49 074
49 074
49 074
49 074
Free-cash
20 658
13 674
25 409
21 966

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81508
₽78095
₽63028
₽66335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 540
social contributions
-
-
-
27 390
total
-
-
-
30 930
Employee
32 665
-
107 792
-
income
-
-
3 908
-
social contributions
2 123
-
7 007
-
total
2 123
-
10 915
-
Employer
32 665
-
107 792
-
social contributions
5 063
-
16 708
-
total
5 063
-
16 708
-
Corporate
86 771
124 500
-
-
income
8 677
12 450
-
-
total
8 677
12 450
-
-
Dividends
78 094
112 050
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
15 863
12 450
27 623
30 930
After tax
108 637
112 050
96 877
93 570
Living cost
30 542
30 542
30 542
30 542
Free-cash
78 095
81 508
66 335
63 028

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽96852
-₽96852
₽26931
-₽96852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
municipal
-
-
-
24 317
pensions
-
-
-
881
national
-
-
-
13 553
labour market
-
-
-
9 890
total
-
-
-
48 641
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
172 424
172 424
172 424
48 641
After tax
-47 924
-47 924
-47 924
75 859
Living cost
48 928
48 928
48 928
48 928
Free-cash
-96 852
-96 852
-96 852
26 931

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11777
₽6731
₽63437
₽43896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
32 175
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
39 201
Employee
34 391
-
108 901
-
health
3 938
-
12 469
-
income
4 718
-
22 979
-
pensions
3 873
-
7 695
-
total
12 529
-
43 143
-
Employer
34 391
-
108 901
-
accident
574
-
1 819
-
unemployment
843
-
2 668
-
pensions
5 592
-
11 112
-
total
7 009
-
15 599
-
Corporate
83 100
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.

74 790
112 050
-
-
total
74 790
112 050
-
-
Dividends
8 310
12 450
-
-
withholding
1 579
2 365
-
-
total
1 579
2 365
-
-
Income
124 500
124 500
124 500
124 500
Total tax
95 907
114 415
58 742
39 201
After tax
28 593
10 085
65 758
85 299
Living cost
21 862
21 862
21 862
21 862
Free-cash
6 731
-11 777
43 896
63 437

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42023
₽42023
₽46836
₽29765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
22 141
health
-
-
-
1 492
national
-
-
-
15 022
total
-
-
-
38 655
Employee
53 457
-
104 736
-
health
399
-
1 190
-
municipal
8 756
-
17 084
-
pensions
3 608
-
7 071
-
unemployment
802
-
1 571
-
national
883
-
9 048
-
total
14 448
-
35 964
-
Employer
53 457
-
104 736
-
accident
54
-
104
-
unemployment
347
-
681
-
pensions
9 275
-
18 171
-
health
411
-
806
-
total
10 087
-
19 762
-
Corporate
60 957
124 500
-
-
income
12 192
24 900
-
-
total
12 192
24 900
-
-
Dividends

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

36 574
74 700
-
-
national
158
5 123
-
-
municipal
6 583
13 445
-
-
total
6 741
18 568
-
-
Income
124 500
124 500
124 500
124 500
Total tax
43 468
43 468
55 726
38 655
After tax
81 032
81 032
68 774
85 845
Living cost
39 009
39 009
39 009
39 009
Free-cash
42 023
42 023
29 765
46 836

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67477
₽61947
₽63757
₽62421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 602
health
-
-
-
3 176
social contributions
-
-
-
16 440
total
-
-
-
37 218
Employee
78 130
78 130
113 652
-
social contributions
2 954
6 484
8 746
-
health
605
1 329
1 932
-
income
8 507
7 233
17 028
-
total
12 066
15 046
27 706
-
Employer
78 130
78 130
113 652
-
social contributions
2 954
6 484
8 746
-
health
658
1 446
2 102
-
total
3 612
7 930
10 848
-
Corporate
85 297
38 439
-
-
income
10 663
4 805
-
-
total
10 663
4 805
-
-
Dividends
74 635
33 634
-
-
withholding
12 687
5 717
-
-
total
12 687
5 717
-
-
Income
124 500
124 500
124 500
124 500
Total tax
39 028
33 498
38 554
37 218
After tax
85 472
91 002
85 946
87 282
Living cost
23 525
23 525
23 525
23 525
Free-cash
61 947
67 477
62 421
63 757

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86967
₽81794
₽85982
₽65601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 217
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
22 386
Employee

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

23 322
-
114 570
-
health
1 982
-
8 195
-
income
1 595
-
9 699
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
32 837
-
Employer

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

23 322
-
114 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 146
-
total
2 401
-
9 930
-
Corporate
98 777
124 500
-
-
income
8 891
11 205
-
-
total
8 891
11 205
-
-
Dividends
89 886
113 295
-
-
withholding
8 091
10 196
-
-
total
8 091
10 196
-
-
Income
124 500
124 500
124 500
124 500
Total tax
26 574
21 401
42 767
22 386
After tax
97 926
103 099
81 733
102 114
Living cost
16 132
16 132
16 132
16 132
Free-cash
81 794
86 967
65 601
85 982

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55705
₽50562
₽40984
₽36098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
27 323
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
55 575
Employee
37 570
-
94 476
-
other
37
-
94
-
income
7 243
-
24 456
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
30 437
-
Employer
37 570
-
94 476
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 226
-
total
11 978
-
30 024
-
Corporate
74 952
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.

11 243
18 674
-
-
total
11 243
18 674
-
-
Dividends
63 709
105 826
-
-
withholding
13 148
22 180
-
-
total
13 148
22 180
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 997
40 854
60 461
55 575
After tax
78 503
83 646
64 039
68 925
Living cost
27 941
27 941
27 941
27 941
Free-cash
50 562
55 705
36 098
40 984

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74907
₽74451
₽76510
₽76313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 709
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
45 209
Employee
4 236
-
122 218
-
health
212
-
507
-
income
820
-
41 602
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
43 123
-
Employer
4 236
-
122 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
119 310
124 500
-
-
income
26 248
27 390
-
-
total
26 248
27 390
-
-
Dividends
93 062
97 110
-
-
withholding
18 612
19 422
-
-
total
18 612
19 422
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 268
46 812
45 406
45 209
After tax
77 232
77 688
79 094
79 291
Living cost
2 781
2 781
2 781
2 781
Free-cash
74 451
74 907
76 313
76 510

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72393
₽67395
₽51696
₽51695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 884
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
55 246
Employee

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

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

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

26 477
-
111 069
-
health
1 364
-
3 864
-
income
3 650
-
26 884
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
41 816
-
Employer

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

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

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

26 477
-
111 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
93 284
124 500
-
-
income
13 993
18 675
-
-
total
13 993
18 675
-
-
Dividends
79 291
105 825
-
-
withholding
11 894
15 874
-
-
total
11 894
15 874
-
-
Income
124 500
124 500
124 500
124 500
Total tax
39 547
34 549
55 247
55 246
After tax
84 953
89 951
69 253
69 254
Living cost
17 558
17 558
17 558
17 558
Free-cash
67 395
72 393
51 695
51 696

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43424
₽43058
₽41103
₽33340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 741
surtax
-
-
-
-
social contributions

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

-
-
-
43 264
total
-
-
-
56 005
Employee
39 436
-
100 606
-
social contributions
4 338
-
11 066
-
surtax
-
-
-
-
income
7 705
-
28 808
-
total
12 043
-
39 874
-
Employer
39 436
-
100 606
-
social contributions
9 365
-
23 894
-
total
9 365
-
23 894
-
Corporate
75 699
124 500
-
-
surtax
-
-
-
-
income
15 898
26 144
-
-
total
15 898
26 144
-
-
Dividends
59 801
98 356
-
-
withholding
16 744
27 540
-
-
total
16 744
27 540
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 050
53 684
63 768
56 005
After tax
70 450
70 816
60 732
68 495
Living cost
27 392
27 392
27 392
27 392
Free-cash
43 058
43 424
33 340
41 103

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47937
₽40376
₽33216
₽28330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
27 323
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
55 575
Employee
49 071
-
94 476
-
other
48
-
94
-
income
10 249
-
24 456
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
30 437
-
Employer
49 071
-
94 476
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
59 784
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.

8 968
18 674
-
-
total
8 968
18 674
-
-
Dividends
50 816
105 826
-
-
withholding
10 439
22 180
-
-
total
10 439
22 180
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 415
40 854
60 461
55 575
After tax
76 085
83 646
64 039
68 925
Living cost
35 709
35 709
35 709
35 709
Free-cash
40 376
47 937
28 330
33 216

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88968
₽82776
₽78869
₽83165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
28 152
Employee
23 145
-
117 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
11 754
-
pensions

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

2 032
-
3 116
-
total
5 666
-
16 893
-
Employer
23 145
-
117 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
96 814
124 500
-
-
income
9 681
12 450
-
-
total
9 681
12 450
-
-
Dividends
87 132
112 050
-
-
withholding
4 357
5 603
-
-
total
4 357
5 603
-
-
Income
124 500
124 500
124 500
124 500
Total tax
24 245
18 053
23 856
28 152
After tax
100 255
106 447
100 644
96 348
Living cost
17 479
17 479
17 479
17 479
Free-cash
82 776
88 968
83 165
78 869

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24938
₽38232
₽33018
₽44105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 087
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.

-
-
-
32 443
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.

-
-
-
6 941
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.

-
-
-
1 784
total
-
-
-
52 255
Employee

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

50 555
-
124 500
-
health

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

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

6 941
-
6 941
-
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.

229
-
1 784
-
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.

4 157
-
32 443
-
total
11 327
-
41 168
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 945
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.

609
1 028
-
-
income
11 091
18 674
-
-
trade
10 611
17 866
-
-
chamber of commerce
262
337
-
-
total
22 573
37 905
-
-
Dividends
51 371
86 594
-
-
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.

685
1 168
-
-
withholding
12 456
21 262
-
-
total
13 141
22 430
-
-
Income
124 500
124 500
124 500
124 500
Total tax
47 041
60 335
41 168
52 255
After tax
77 459
64 165
83 332
72 245
Living cost
39 227
39 227
39 227
39 227
Free-cash
38 232
24 938
44 105
33 018

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29271
₽31514
₽22059
₽22059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 006
social contributions
-
-
-
11 556
total
-
-
-
44 562
Employee
79 479
-
124 500
-
income
14 997
-
33 006
-
social contributions
6 603
-
11 556
-
total
21 600
-
44 562
-
Employer
79 479
-
124 500
-
total
-
-
-
-
Corporate
45 021
124 500
-
-
income
5 628
15 562
-
-
total
5 628
15 562
-
-
Dividends
39 393
108 938
-
-
withholding
7 879
21 788
-
-
total
7 879
21 788
-
-
Income
124 500
124 500
124 500
124 500
Total tax
35 107
37 350
44 562
44 562
After tax
89 393
87 150
79 938
79 938
Living cost
57 879
57 879
57 879
57 879
Free-cash
31 514
29 271
22 059
22 059

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
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.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38674
₽42224
₽51882
₽54909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
119 826
-
income
5 058
-
23 360
-
social contributions
4 670
-
4 674
-
total
9 728
-
28 034
-
Employer
46 611
-
119 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
73 219
124 500
-
-
income
25 627
43 575
-
-
total
25 627
43 575
-
-
Dividends
47 592
80 925
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 393
48 943
32 708
35 735
After tax
79 107
75 557
91 792
88 765
Living cost
36 883
36 883
36 883
36 883
Free-cash
42 224
38 674
54 909
51 882

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49509
₽49523
₽48752
₽37176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 672
pensions
-
-
-
8 089
total
-
-
-
37 761
Employee
52 143
-
109 272
-
health
680
-
1 800
-
income
9 496
-
21 953
-
pensions
3 980
-
10 356
-
total
14 156
-
34 109
-
Employer
52 143
-
109 272
-
pensions
5 268
-
13 151
-
health
991
-
2 077
-
total
6 259
-
15 228
-
Corporate
66 098
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.

12 559
23 656
-
-
total
12 559
23 656
-
-
Dividends
53 539
100 844
-
-
withholding
4 016
13 348
-
-
total
4 016
13 348
-
-
Income
124 500
124 500
124 500
124 500
Total tax
36 990
37 004
49 337
37 761
After tax
87 510
87 496
75 163
86 739
Living cost
37 987
37 987
37 987
37 987
Free-cash
49 523
49 509
37 176
48 752

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13942
₽6400
₽61272
₽41731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
32 175
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
39 201
Employee
37 795
-
108 901
-
health
4 327
-
12 469
-
income
5 185
-
22 979
-
pensions
4 256
-
7 695
-
total
13 768
-
43 143
-
Employer
37 795
-
108 901
-
accident
631
-
1 819
-
unemployment
926
-
2 668
-
pensions
6 145
-
11 112
-
total
7 702
-
15 599
-
Corporate
79 003
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.

71 102
112 050
-
-
total
71 102
112 050
-
-
Dividends
7 900
12 450
-
-
withholding
1 501
2 365
-
-
total
1 501
2 365
-
-
Income
124 500
124 500
124 500
124 500
Total tax
94 073
114 415
58 742
39 201
After tax
30 427
10 085
65 758
85 299
Living cost
24 027
24 027
24 027
24 027
Free-cash
6 400
-13 942
41 731
61 272

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91072
₽86328
₽56859
₽68802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
622
health insurance
-
-
-
9 213
income
-
-
-
19 709
pensions
-
-
-
22 908
unemployment
-
-
-
1 494
total
-
-
-
53 946
Employee

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

21 911
-
124 500
-
work injury
110
-
405
-
income
2 191
-
19 709
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
42 003
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 589
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%.

1 026
1 245
-
-
total
1 026
1 245
-
-
Dividends
101 563
123 255
-
-
withholding
15 234
18 488
-
-
total
15 234
18 488
-
-
Income
124 500
124 500
124 500
124 500
Total tax
24 477
19 733
42 003
53 946
After tax
100 023
104 767
82 497
70 554
Living cost
13 695
13 695
13 695
13 695
Free-cash
86 328
91 072
68 802
56 859

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽25099
₽20478
₽20423
₽14733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
124 500
municipal
-
-
-
833
regional
-
-
-
2 698
national
-
-
-
28 047
social contributions
-
-
-
32 021
total
-
-
-
63 599
Employee
85 620
-
124 500
-
social contributions
28 871
-
41 982
-
regional
1 293
-
2 305
-
municipal
511
-
742
-
national
14 469
-
24 260
-
total
45 144
-
69 289
-
Employer
85 620
-
124 500
-
total
-
-
-
-
Corporate
38 880
124 500
-
-
nationa
9 330
29 881
-
-
municipal
1 874
6 000
-
-
total
11 204
35 881
-
-
Dividends
27 676
88 619
-
-
withholding
7 196
23 042
-
-
total
7 196
23 042
-
-
Income
124 500
124 500
124 500
124 500
Total tax
63 544
58 923
69 289
63 599
After tax
60 956
65 577
55 211
60 901
Living cost
40 478
40 478
40 478
40 478
Free-cash
20 478
25 099
14 733
20 423

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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