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
₽ 125500
per

Your estimated
City
free-cash

Dresden , Germany
₽32610
₽43846
₽40786
₽53112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
trade
-
-
-
12 326
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.

-
-
-
32 865
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.

-
-
-
1 807
total
-
-
-
53 939
Employee

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

38 861
-
125 500
-
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
-
1 807
-
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
-
32 865
-
total
8 087
-
41 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 639
125 500
-
-
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.

715
1 035
-
-
income
12 996
18 824
-
-
trade
13 645
19 767
-
-
chamber of commerce
280
335
-
-
total
27 636
39 961
-
-
Dividends
59 003
85 538
-
-
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.

791
1 155
-
-
withholding
14 365
20 999
-
-
total
15 156
22 154
-
-
Income
125 500
125 500
125 500
125 500
Total tax
50 879
62 115
41 613
53 939
After tax
74 621
63 385
83 887
71 561
Living cost
30 775
30 775
30 775
30 775
Free-cash
43 846
32 610
53 112
40 786

Estimated living cost  is ₽30775 per week

₽19358
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
₽27044
₽26192
₽23720
₽24706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
municipal
-
-
-
13 376
pensions
-
-
-
15 060
national
-
-
-
20 727
social contributions
-
-
-
1 349
total
-
-
-
50 512
Employee
79 474
-
108 494
-
municipal
9 816
-
13 861
-
pensions
3 179
-
4 340
-
national
15 211
-
21 480
-
total
28 206
-
39 681
-
Employer
79 474
-
108 494
-
social contributions
854
-
1 166
-
pensions
6 358
-
8 679
-
total
7 212
-
9 845
-
Corporate
33 568
125 500
-
-
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%.

6 714
25 100
-
-
total
6 714
25 100
-
-
Dividends
26 854
100 400
-
-
withholding
5 908
22 088
-
-
total
5 908
22 088
-
-
Income
125 500
125 500
125 500
125 500
Total tax
48 040
47 188
49 526
50 512
After tax
77 460
78 312
75 974
74 988
Living cost
51 268
51 268
51 268
51 268
Free-cash
26 192
27 044
24 706
23 720

Estimated living cost  is ₽51268 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.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79262
₽70929
₽14676
₽49328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
microenterprise
-
-
-
-
income
-
-
-
18 754
surtax
-
-
-
32 003
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.

-
-
-
38 929
total
-
-
-
89 686
Employee
29 689
-
101 136
-
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
-
11 125
-
surtax
-
-
-
-
income
5 285
-
19 545
-
total
8 551
-
30 670
-
Employer
29 689
-
101 136
-
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.

7 151
-
24 364
-
surtax
-
-
-
-
total
7 151
-
24 364
-
Corporate
88 659
125 500
-
-
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%.

17 731
25 100
-
-
total
17 731
25 100
-
-
Dividends

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

70 928
100 400
-
-
total
-
-
-
-
Income
125 500
125 500
125 500
125 500
Total tax
33 433
25 100
55 034
89 686
After tax
92 067
100 400
70 466
35 814
Living cost
21 138
21 138
21 138
21 138
Free-cash
70 929
79 262
49 328
14 676

Estimated living cost  is ₽21138 per week

₽13485
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
₽18773
₽12548
₽29544
₽25661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
28 960
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
53 393
Employee
86 765
86 765
106 799
-
health
13 318
11 328
12 469
-
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
11 904
11 904
-
total
43 138
37 434
38 575
-
Employer
86 765
86 765
106 799
-
unemployment
3 124
3 124
3 845
-
pensions
6 039
6 039
7 433
-
health
6 031
6 031
7 423
-
total
15 194
15 194
18 701
-
Corporate
24 605
23 541
-
-
income
4 921
4 708
-
-
total
4 921
4 708
-
-
Dividends
19 685
18 832
-
-
income
4 184
4 003
-
-
withholding
2 952
2 825
-
-
total
7 136
6 828
-
-
Income
125 500
125 500
125 500
125 500
Total tax
70 389
64 164
57 276
53 393
After tax
55 111
61 336
68 224
72 107
Living cost
42 563
42 563
42 563
42 563
Free-cash
12 548
18 773
25 661
29 544

Estimated living cost  is ₽42563 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
₽29370
₽28490
₽27553
₽26498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
municipal
-
-
-
30 011
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
3 924
total
-
-
-
58 794
Employee
55 789
-
98 539
-
municipal
16 636
-
29 384
-
national
-
-
3 504
-
total
16 636
-
32 888
-
Employer
55 789
-
98 539
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
52 182
125 500
-
-
income
11 480
27 610
-
-
total
11 480
27 610
-
-
Dividends
40 702
97 890
-
-
withholding
12 211
29 367
-
-
total
12 211
29 367
-
-
Income
125 500
125 500
125 500
125 500
Total tax
57 857
56 977
59 849
58 794
After tax
67 643
68 523
65 651
66 706
Living cost
39 153
39 153
39 153
39 153
Free-cash
28 490
29 370
26 498
27 553

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22827
₽37103
₽31099
₽43973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
trade
-
-
-
12 874
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.

-
-
-
32 865
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.

-
-
-
1 807
total
-
-
-
54 487
Employee

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

51 525
-
125 500
-
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
-
1 807
-
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
-
32 865
-
total
11 611
-
41 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 975
125 500
-
-
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.

611
1 035
-
-
income
11 096
18 824
-
-
trade
12 168
20 644
-
-
chamber of commerce
260
334
-
-
total
24 135
40 837
-
-
Dividends
49 838
84 662
-
-
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.

663
1 143
-
-
withholding
12 074
20 779
-
-
total
12 737
21 922
-
-
Income
125 500
125 500
125 500
125 500
Total tax
48 483
62 759
41 613
54 487
After tax
77 017
62 741
83 887
71 013
Living cost
39 914
39 914
39 914
39 914
Free-cash
37 103
22 827
43 973
31 099

Estimated living cost  is ₽39914 per week

₽26695
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.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58774
₽54561
₽55010
₽53665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
17 895
health
-
-
-
3 201
social contributions
-
-
-
16 439
total
-
-
-
37 535
Employee
78 128
78 128
114 633
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
1 949
-
income
8 204
7 232
17 318
-
total
12 777
15 044
28 013
-
Employer
78 128
78 128
114 633
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
2 121
-
total
4 642
7 930
10 867
-
Corporate
75 124
39 441
-
-
income
9 390
4 930
-
-
total
9 390
4 930
-
-
Dividends
65 734
34 511
-
-
withholding
11 175
5 867
-
-
total
11 175
5 867
-
-
Income
125 500
125 500
125 500
125 500
Total tax
37 984
33 771
38 880
37 535
After tax
87 516
91 729
86 620
87 965
Living cost
32 955
32 955
32 955
32 955
Free-cash
54 561
58 774
53 665
55 010

Estimated living cost  is ₽32955 per week

₽22528
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
₽52206
₽52587
₽68536
₽54350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
15 342
pensions
-
-
-
12 550
unemployment
-
-
-
1 883
health
-
-
-
8 785
total
-
-
-
38 560
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.

26 567
10 573
105 021
-
health
1 860
740
7 351
-
income
3 248
1 293
12 839
-
pensions
2 657
1 057
10 502
-
unemployment
399
159
1 575
-
total
8 164
3 249
32 267
-
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.

26 567
10 573
105 021
-
pensions
5 181
2 062
20 479
-
total
5 181
2 062
20 479
-
Corporate
93 753
112 865
-
-
income
8 438
10 158
-
-
total
8 438
10 158
-
-
Dividends
85 315
102 707
-
-
social contributions
16 516
19 907
-
-
withholding
16 210
19 514
-
-
total
32 726
39 421
-
-
Income
125 500
125 500
125 500
125 500
Total tax
54 509
54 890
52 746
38 560
After tax
70 991
70 610
72 754
86 940
Living cost
18 404
18 404
18 404
18 404
Free-cash
52 587
52 206
54 350
68 536

Estimated living cost  is ₽18404 per week

₽12559
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
₽75859
₽69548
₽42726
₽47797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
16 817
pensions
-
-
-
25 100
health
-
-
-
16 316
total
-
-
-
58 233
Employee
28 823
-
93 796
-
income
3 245
-
18 084
-
pensions
577
-
1 876
-
unemployment
461
-
1 500
-
total
4 283
-
21 460
-
Employer
28 823
-
93 796
-
unemployment
231
-
750
-
pensions
5 765
-
18 759
-
health
3 746
-
12 193
-
total
9 742
-
31 702
-
Corporate
86 934
125 500
-
-
income
17 386
25 100
-
-
total
17 386
25 100
-
-
Dividends
69 548
100 400
-
-
total
-
-
-
-
Income
125 500
125 500
125 500
125 500
Total tax
31 411
25 100
53 162
58 233
After tax
94 089
100 400
72 338
67 267
Living cost
24 541
24 541
24 541
24 541
Free-cash
69 548
75 859
47 797
42 726

Estimated living cost  is ₽24541 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
-₽12027
₽6762
₽63787
₽44142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
accident
-
-
-
255
income
-
-
-
32 494
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
39 520
Employee
34 910
-
109 860
-
health
3 997
-
12 579
-
income
4 789
-
23 249
-
pensions
3 931
-
7 696
-
total
12 717
-
43 524
-
Employer
34 910
-
109 860
-
accident
583
-
1 835
-
unemployment
855
-
2 692
-
pensions
5 677
-
11 114
-
total
7 115
-
15 641
-
Corporate
83 475
125 500
-
-
income

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

75 127
112 950
-
-
total
75 127
112 950
-
-
Dividends
8 348
12 550
-
-
withholding
1 586
2 384
-
-
total
1 586
2 384
-
-
Income
125 500
125 500
125 500
125 500
Total tax
96 545
115 334
59 165
39 520
After tax
28 955
10 166
66 335
85 980
Living cost
22 193
22 193
22 193
22 193
Free-cash
6 762
-12 027
44 142
63 787

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
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.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109964
₽108228
₽114984
₽91139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
125 500
microenterprise

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

-
-
-
1 255
total
-
-
-
1 255
Employee
11 576
-
125 500
-
income
2 315
-
25 100
-
total
2 315
-
25 100
-
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%.

113 924
125 500
-
-
total
-
-
-
-
Dividends
113 924
125 500
-
-
withholding
5 696
6 275
-
-
total
5 696
6 275
-
-
Income
125 500
125 500
125 500
125 500
Total tax
8 011
6 275
25 100
1 255
After tax
117 489
119 225
100 400
124 245
Living cost
9 261
9 261
9 261
9 261
Free-cash
108 228
109 964
91 139
114 984

Estimated living cost  is ₽9261 per week

₽5739
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.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65133
₽58271
₽40150
₽45337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
16 674
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.

-
-
-
30 119
other
-
-
-
5 962
health
-
-
-
5 522
total
-
-
-
58 277
Employee
36 891
-
100 240
-
health
517
-
1 404
-
income
6 351
-
18 404
-
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
-
7 018
-
unemployment
368
-
1 003
-
total
9 818
-
27 829
-
Employer
36 891
-
100 240
-
accident
295
-
802
-
other
1 845
-
5 011
-
unemployment
368
-
1 003
-
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
-
17 041
-
health
517
-
1 404
-
total
9 297
-
25 261
-
Corporate
79 311
125 500
-
-
income
16 655
26 355
-
-
total
16 655
26 355
-
-
Dividends
62 656
99 145
-
-
withholding
4 386
6 939
-
-
total
4 386
6 939
-
-
Income
125 500
125 500
125 500
125 500
Total tax
40 156
33 294
53 090
58 277
After tax
85 344
92 206
72 410
67 223
Living cost
27 073
27 073
27 073
27 073
Free-cash
58 271
65 133
45 337
40 150

Estimated living cost  is ₽27073 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
₽19639
₽11572
₽18921
₽7258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
30 060
pensions
-
-
-
8 110
total
-
-
-
38 170
Employee
96 788
-
110 137
-
health
1 595
-
1 809
-
income
17 447
-
22 286
-
pensions
9 337
-
10 374
-
total
28 379
-
34 469
-
Employer
96 788
-
110 137
-
pensions
11 428
-
13 271
-
health
1 838
-
2 093
-
total
13 266
-
15 364
-
Corporate
15 446
125 500
-
-
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.

2 935
23 845
-
-
total
2 935
23 845
-
-
Dividends
12 510
101 655
-
-
withholding
939
13 607
-
-
total
939
13 607
-
-
Income
125 500
125 500
125 500
125 500
Total tax
45 519
37 452
49 833
38 170
After tax
79 981
88 048
75 667
87 330
Living cost
68 409
68 409
68 409
68 409
Free-cash
11 572
19 639
7 258
18 921

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
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.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽93981
₽89261
₽83876
₽88223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
18 825
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
-
-
-
28 302
Employee
17 641
-
118 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
11 853
-
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
-
16 992
-
Employer
17 641
-
118 537
-
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
104 398
125 500
-
-
income
10 440
12 550
-
-
total
10 440
12 550
-
-
Dividends
93 958
112 950
-
-
withholding
4 698
5 647
-
-
total
4 698
5 647
-
-
Income
125 500
125 500
125 500
125 500
Total tax
22 917
18 197
23 955
28 302
After tax
102 583
107 303
101 545
97 198
Living cost
13 322
13 322
13 322
13 322
Free-cash
89 261
93 981
88 223
83 876

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
₽4995
₽7551
₽15766
₽11883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
28 960
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
53 393
Employee
94 199
86 765
106 799
-
health
11 752
11 328
12 469
-
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
11 904
11 904
11 904
-
total
37 858
37 434
38 575
-
Employer
94 199
86 765
106 799
-
unemployment
3 392
3 124
3 845
-
pensions
6 556
6 039
7 433
-
health
6 546
6 031
7 423
-
total
16 494
15 194
18 701
-
Corporate
14 807
23 541
-
-
income
2 962
4 708
-
-
total
2 962
4 708
-
-
Dividends
11 846
18 832
-
-
income
2 516
4 003
-
-
withholding
1 778
2 825
-
-
total
4 294
6 828
-
-
Income
125 500
125 500
125 500
125 500
Total tax
61 608
64 164
57 276
53 393
After tax
63 892
61 336
68 224
72 107
Living cost
56 341
56 341
56 341
56 341
Free-cash
7 551
4 995
11 883
15 766

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
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
₽62133
₽53473
₽38310
₽39412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
11 044
health
-
-
-
16 943
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
62 916
Employee
35 697
-
93 657
-
social contributions
2 320
-
6 088
-
health
4 819
-
12 644
-
solidarity contribution
-
-
-
-
income
4 284
-
11 239
-
total
11 423
-
29 971
-
Employer
35 697
-
93 657
-
social contributions
8 924
-
23 414
-
health
3 213
-
8 429
-
total
12 137
-
31 843
-
Corporate
77 666
125 500
-
-
income
14 757
23 845
-
-
total
14 757
23 845
-
-
Dividends
62 910
101 655
-
-
withholding
9 436
15 248
-
-
total
9 436
15 248
-
-
Income
125 500
125 500
125 500
125 500
Total tax
47 753
39 093
61 814
62 916
After tax
77 747
86 407
63 686
62 584
Living cost
24 274
24 274
24 274
24 274
Free-cash
53 473
62 133
39 412
38 310

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
₽24087
₽18781
₽19847
₽13877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
municipal
-
-
-
746
regional
-
-
-
1 427
national
-
-
-
28 328
social contributions
-
-
-
32 279
total
-
-
-
62 780
Employee
90 299
-
125 500
-
social contributions
30 449
-
42 318
-
regional
852
-
1 253
-
municipal
478
-
665
-
national
15 647
-
24 514
-
total
47 426
-
68 750
-
Employer
90 299
-
125 500
-
total
-
-
-
-
Corporate
35 201
125 500
-
-
nationa
8 449
30 119
-
-
municipal
1 373
4 894
-
-
total
9 822
35 013
-
-
Dividends
25 379
90 487
-
-
withholding
6 598
23 527
-
-
total
6 598
23 527
-
-
Income
125 500
125 500
125 500
125 500
Total tax
63 846
58 540
68 750
62 780
After tax
61 654
66 960
56 750
62 720
Living cost
42 873
42 873
42 873
42 873
Free-cash
18 781
24 087
13 877
19 847

Estimated living cost  is ₽42873 per week

₽29886
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.
₽657
Clothing and shoes. We estimate one pair of shoes and 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
₽56519
₽53358
₽38422
₽36356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
26 799
pensions
-
-
-
25 100
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 910
surtax
-
-
-
3 617
total
-
-
-
64 657
Employee
33 600
-
103 676
-
other
-
-
-
-
health
858
-
2 643
-
surtax
110
-
3 289
-
income
5 632
-
24 838
-
pensions
2 240
-
6 914
-
unemployment
2 339
-
7 215
-
total
11 179
-
44 899
-
Employer
33 600
-
103 676
-
other
-
-
-
-
unemployment
1 064
-
3 287
-
pensions
4 479
-
13 821
-
health
1 529
-
4 716
-
total
7 072
-
21 824
-
Corporate
84 828
125 500
-
-
income
22 056
32 630
-
-
total
22 056
32 630
-
-
Dividends
62 772
92 870
-
-
withholding
9 415
13 931
-
-
total
9 415
13 931
-
-
Income
125 500
125 500
125 500
125 500
Total tax
49 722
46 561
66 723
64 657
After tax
75 778
78 939
58 777
60 843
Living cost
22 420
22 420
22 420
22 420
Free-cash
53 358
56 519
36 356
38 422

Estimated living cost  is ₽22420 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
₽41313
₽39246
₽40595
₽28932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
30 060
pensions
-
-
-
8 110
total
-
-
-
38 170
Employee
64 865
-
110 137
-
health
942
-
1 809
-
income
11 682
-
22 286
-
pensions
5 506
-
10 374
-
total
18 130
-
34 469
-
Employer
64 865
-
110 137
-
pensions
7 022
-
13 271
-
health
1 232
-
2 093
-
total
8 254
-
15 364
-
Corporate
52 381
125 500
-
-
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.

9 952
23 845
-
-
total
9 952
23 845
-
-
Dividends
42 429
101 655
-
-
withholding
3 183
13 607
-
-
total
3 183
13 607
-
-
Income
125 500
125 500
125 500
125 500
Total tax
39 519
37 452
49 833
38 170
After tax
85 981
88 048
75 667
87 330
Living cost
46 735
46 735
46 735
46 735
Free-cash
39 246
41 313
28 932
40 595

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
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.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20227
₽12983
₽26063
₽19841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
city
-
-
-
1 324
pensions
-
-
-
11 546
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.

-
-
-
2 510
regional
-
-
-
4 964
health
-
-
-
283
national
-
-
-
1 195
total
-
-
-
21 822
Employee
90 829
-
112 329
-
city
975
-
1 206
-
regional
2 974
-
4 282
-
health
205
-
253
-
pensions
7 631
-
9 435
-
unemployment
-
-
-
-
national
430
-
933
-
total
12 215
-
16 109
-
Employer
90 829
-
112 329
-
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
-
2 247
-
unemployment
-
-
-
-
pensions
7 631
-
9 435
-
health
205
-
253
-
total
9 652
-
11 935
-
Corporate
24 020
125 500
-
-
regional
5 079
26 543
-
-
national
2 041
10 667
-
-
total
7 120
37 210
-
-
Dividends
16 900
88 291
-
-
withholding
5 915
30 902
-
-
total
5 915
30 902
-
-
Income
125 500
125 500
125 500
125 500
Total tax
34 902
68 112
28 044
21 822
After tax
90 598
57 388
97 456
103 678
Living cost
77 615
77 615
77 615
77 615
Free-cash
12 983
-20 227
19 841
26 063

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
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.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15550
₽32025
₽23920
₽37342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
trade
-
-
-
13 422
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.

-
-
-
32 865
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.

-
-
-
1 807
total
-
-
-
55 035
Employee

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

61 062
-
125 500
-
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
-
1 807
-
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.

7 180
-
32 865
-
total
14 516
-
41 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 438
125 500
-
-
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.

532
1 035
-
-
income
9 666
18 824
-
-
trade
11 052
21 524
-
-
chamber of commerce
245
332
-
-
total
21 495
41 715
-
-
Dividends
42 943
83 785
-
-
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.

569
1 130
-
-
withholding
10 350
20 560
-
-
total
10 919
21 690
-
-
Income
125 500
125 500
125 500
125 500
Total tax
46 930
63 405
41 613
55 035
After tax
78 570
62 095
83 887
70 465
Living cost
46 545
46 545
46 545
46 545
Free-cash
32 025
15 550
37 342
23 920

Estimated living cost  is ₽46545 per week

₽33995
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.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28488
₽34490
₽36826
₽40163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
15 334
pensions
-
-
-
27 474
other
-
-
-
3 891
health
-
-
-
3 636
surtax
-
-
-
-
social contributions
-
-
-
3 577
total
-
-
-
53 912
Employee
43 485
-
100 163
-
social contributions
1 240
-
2 854
-
surtax
-
-
-
-
income
2 566
-
16 709
-
pensions
4 917
-
5 674
-
total
8 723
-
25 237
-
Employer
43 485
-
100 163
-
other
1 500
-
3 455
-
social contributions
131
-
301
-
unemployment
1 760
-
4 057
-
pensions
7 144
-
9 784
-
health
3 045
-
7 741
-
total
13 580
-
25 338
-
Corporate
68 435
125 500
-
-
surtax
-
-
-
-
income
19 162
35 140
-
-
total
19 162
35 140
-
-
Dividends
49 274
90 360
-
-
surtax
-
-
-
-
social contributions
8 476
15 543
-
-
withholding
6 307
11 567
-
-
total
14 783
27 110
-
-
Income
125 500
125 500
125 500
125 500
Total tax
56 248
62 250
50 575
53 912
After tax
69 252
63 250
74 925
71 588
Living cost
34 762
34 762
34 762
34 762
Free-cash
34 490
28 488
40 163
36 826

Estimated living cost  is ₽34762 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
₽31932
₽37578
₽40270
₽43607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
15 334
pensions
-
-
-
27 474
other
-
-
-
3 891
health
-
-
-
3 636
surtax
-
-
-
-
social contributions
-
-
-
3 577
total
-
-
-
53 912
Employee
38 816
-
100 163
-
social contributions
1 107
-
2 854
-
surtax
-
-
-
-
income
2 001
-
16 709
-
pensions
4 390
-
5 674
-
total
7 498
-
25 237
-
Employer
38 816
-
100 163
-
other
1 340
-
3 455
-
social contributions
116
-
301
-
unemployment
1 571
-
4 057
-
pensions
6 378
-
9 784
-
health
2 717
-
7 741
-
total
12 122
-
25 338
-
Corporate
74 562
125 500
-
-
surtax
-
-
-
-
income
20 878
35 140
-
-
total
20 878
35 140
-
-
Dividends
53 684
90 360
-
-
surtax
-
-
-
-
social contributions
9 234
15 543
-
-
withholding
6 872
11 567
-
-
total
16 106
27 110
-
-
Income
125 500
125 500
125 500
125 500
Total tax
56 604
62 250
50 575
53 912
After tax
68 896
63 250
74 925
71 588
Living cost
31 318
31 318
31 318
31 318
Free-cash
37 578
31 932
43 607
40 270

Estimated living cost  is ₽31318 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.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55023
₽55550
₽59054
₽58036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
18 824
health
-
-
-
8 759
social contributions
-
-
-
17 318
total
-
-
-
44 901
Employee
34 450
-
125 500
-
social contributions
4 755
-
17 318
-
health
2 404
-
8 759
-
income
5 746
-
19 842
-
total
12 905
-
45 919
-
Employer
34 450
-
125 500
-
total
-
-
-
-
Corporate
91 050
125 500
-
-
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%.

4 552
6 274
-
-
total
4 552
6 274
-
-
Dividends
86 498
119 226
-
-
health
6 037
8 322
-
-
social contributions
11 937
16 453
-
-
withholding
12 974
17 883
-
-
total
30 948
42 658
-
-
Income
125 500
125 500
125 500
125 500
Total tax
48 405
48 932
45 919
44 901
After tax
77 095
76 568
79 581
80 599
Living cost
21 545
21 545
21 545
21 545
Free-cash
55 550
55 023
58 036
59 054

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
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.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34148
₽32578
₽26817
-₽804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
chamber of commerce
-
-
-
501
income
-
-
-
24 909
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
62 882
Employee
50 777
40 491
97 297
-
other
507
405
974
-
health
1 965
1 568
3 766
-
income
5 781
2 987
21 317
-
pensions
5 200
4 145
9 963
-
unemployment
1 523
1 215
2 919
-
total
14 976
10 320
38 939
-
Employer
50 777
40 491
97 297
-
accident
659
526
1 265
-
other
2 412
1 922
4 622
-
chamber of commerce
202
162
389
-
unemployment
1 523
1 215
2 919
-
surtax
201
201
201
-
pensions
6 372
5 083
12 211
-
payroll
1 523
1 215
2 919
-
health
1 918
1 531
3 677
-
total
14 810
11 855
28 203
-
Corporate
59 911
73 155
93 441
-
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.

14 978
18 288
23 361
-
total
14 978
18 288
23 361
-
Dividends
44 934
54 867
-
-
withholding
12 357
15 088
-
-
total
12 357
15 088
-
-
Income
125 500
125 500
125 500
125 500
Total tax
57 121
55 551
90 503
62 882
After tax
68 379
69 949
34 997
62 618
Living cost
35 801
35 801
35 801
35 801
Free-cash
32 578
34 148
-804
26 817

Estimated living cost  is ₽35801 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
₽33254
₽18013
₽19363
₽10125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
national
-
-
-
42 760
communal

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

-
-
-
6 330
social contributions
-
-
-
20 001
total
-
-
-
69 091
Employee

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

72 678
-
97 205
-
communal

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

3 791
-
5 069
-
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
-
4 570
-
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
-
7 290
-
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
-
846
-
national
22 344
-
32 259
-
total
35 633
-
50 034
-
Employer

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

72 678
-
97 205
-
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
-
1 263
-
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
-
1 419
-
surtax
8 241
-
11 021
-
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
-
8 613
-
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.

4 469
-
5 979
-
total
21 155
-
28 295
-
Corporate
31 667
125 500
-
-
surtax
127
501
-
-
income
6 334
25 100
-
-
total
6 461
25 601
-
-
Dividends
25 206
99 898
-
-
withholding

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

7 192
29 599
-
-
total
7 192
29 599
-
-
Income
125 500
125 500
125 500
125 500
Total tax
70 441
55 200
78 329
69 091
After tax
55 059
70 300
47 171
56 409
Living cost
37 046
37 046
37 046
37 046
Free-cash
18 013
33 254
10 125
19 363

Estimated living cost  is ₽37046 per week

₽23862
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
₽47607
₽39717
₽32863
₽27978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
accident
-
-
-
848
income
-
-
-
27 693
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
55 944
Employee
50 576
-
95 477
-
other
50
-
94
-
income
10 671
-
24 826
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
30 807
-
Employer
50 576
-
95 477
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
58 803
125 500
-
-
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.

8 821
18 824
-
-
total
8 821
18 824
-
-
Dividends
49 982
106 676
-
-
withholding
10 265
22 376
-
-
total
10 265
22 376
-
-
Income
125 500
125 500
125 500
125 500
Total tax
49 090
41 200
60 829
55 944
After tax
76 410
84 300
64 671
69 556
Living cost
36 693
36 693
36 693
36 693
Free-cash
39 717
47 607
27 978
32 863

Estimated living cost  is ₽36693 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
₽20606
₽10919
₽12817
₽17824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
accident
-
-
-
1 059
income
-
-
-
14 624
pensions
-
-
-
18 811
health
-
-
-
8 819
surtax
-
-
-
6 222
communal
-
-
-
7 932
total
-
-
-
57 467
Employee
76 944
-
112 105
-
health
3 424
-
4 988
-
surtax
4 716
-
6 870
-
income
7 432
-
18 239
-
pensions
6 155
-
8 968
-
total
21 727
-
39 065
-
Employer
76 944
-
112 105
-
accident
692
-
1 008
-
pensions
6 155
-
8 968
-
health
2 347
-
3 419
-
total
9 194
-
13 395
-
Corporate
39 363
125 500
-
-
surtax
413
1 317
-
-
communal
2 657
8 472
-
-
income
5 904
18 824
-
-
total
8 974
28 613
-
-
Dividends
30 390
96 887
-
-
income
14 912
6 533
-
-
withholding
4 558
14 532
-
-
total
19 470
21 065
-
-
Income
125 500
125 500
125 500
125 500
Total tax
59 365
49 678
52 460
57 467
After tax
66 135
75 822
73 040
68 033
Living cost
55 216
55 216
55 216
55 216
Free-cash
10 919
20 606
17 824
12 817

Estimated living cost  is ₽55216 per week

₽41420
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.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56118
₽52888
₽38022
₽35956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
26 799
pensions
-
-
-
25 100
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 910
surtax
-
-
-
3 617
total
-
-
-
64 657
Employee
34 217
-
103 676
-
other
-
-
-
-
health
873
-
2 643
-
surtax
121
-
3 289
-
income
5 736
-
24 838
-
pensions
2 283
-
6 914
-
unemployment
2 381
-
7 215
-
total
11 394
-
44 899
-
Employer
34 217
-
103 676
-
other
-
-
-
-
unemployment
1 086
-
3 287
-
pensions
4 562
-
13 821
-
health
1 556
-
4 716
-
total
7 204
-
21 824
-
Corporate
84 080
125 500
-
-
income
21 861
32 630
-
-
total
21 861
32 630
-
-
Dividends
62 219
92 870
-
-
withholding
9 332
13 931
-
-
total
9 332
13 931
-
-
Income
125 500
125 500
125 500
125 500
Total tax
49 791
46 561
66 723
64 657
After tax
75 709
78 939
58 777
60 843
Living cost
22 821
22 821
22 821
22 821
Free-cash
52 888
56 118
35 956
38 022

Estimated living cost  is ₽22821 per week

₽13778
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
₽38596
₽36341
₽34885
₽28945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
municipal
-
-
-
746
regional
-
-
-
1 892
national
-
-
-
28 328
social contributions
-
-
-
32 279
total
-
-
-
63 245
Employee
56 361
-
125 500
-
social contributions
19 005
-
42 318
-
regional
759
-
1 688
-
municipal
299
-
665
-
national
8 929
-
24 514
-
total
28 992
-
69 185
-
Employer
56 361
-
125 500
-
total
-
-
-
-
Corporate
69 139
125 500
-
-
nationa
16 593
30 119
-
-
municipal
3 436
6 237
-
-
total
20 029
36 356
-
-
Dividends
49 110
89 143
-
-
withholding
12 768
23 178
-
-
total
12 768
23 178
-
-
Income
125 500
125 500
125 500
125 500
Total tax
61 789
59 534
69 185
63 245
After tax
63 711
65 966
56 315
62 255
Living cost
27 370
27 370
27 370
27 370
Free-cash
36 341
38 596
28 945
34 885

Estimated living cost  is ₽27370 per week

₽17021
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
₽56495
₽45824
₽32672
₽33774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
11 044
health
-
-
-
16 943
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
62 916
Employee
43 988
-
93 657
-
social contributions
2 859
-
6 088
-
health
5 938
-
12 644
-
solidarity contribution
-
-
-
-
income
5 278
-
11 239
-
total
14 075
-
29 971
-
Employer
43 988
-
93 657
-
social contributions
10 997
-
23 414
-
health
3 959
-
8 429
-
total
14 956
-
31 843
-
Corporate
66 557
125 500
-
-
income
12 646
23 845
-
-
total
12 646
23 845
-
-
Dividends
53 911
101 655
-
-
withholding
8 087
15 248
-
-
total
8 087
15 248
-
-
Income
125 500
125 500
125 500
125 500
Total tax
49 764
39 093
61 814
62 916
After tax
75 736
86 407
63 686
62 584
Living cost
29 912
29 912
29 912
29 912
Free-cash
45 824
56 495
33 774
32 672

Estimated living cost  is ₽29912 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
₽37643
₽37143
₽30404
₽2620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
chamber of commerce
-
-
-
501
income
-
-
-
24 909
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
62 681
Employee
44 414
40 491
97 454
-
other
443
405
974
-
health
1 718
1 568
3 771
-
income
3 957
2 987
21 371
-
pensions
4 548
4 145
9 980
-
unemployment
1 332
1 215
2 923
-
total
11 998
10 320
39 019
-
Employer
44 414
40 491
97 454
-
accident
577
526
1 267
-
other
2 109
1 922
4 629
-
chamber of commerce
177
162
389
-
unemployment
1 332
1 215
2 923
-
surtax
-
-
-
-
pensions
5 574
5 083
12 230
-
payroll
1 332
1 215
2 923
-
health
1 679
1 531
3 685
-
total
12 780
11 654
28 046
-
Corporate
68 305
73 356
93 597
-
income

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

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

17 075
18 338
23 400
-
total
17 075
18 338
23 400
-
Dividends
51 229
55 018
-
-
withholding
14 089
15 130
-
-
total
14 089
15 130
-
-
Income
125 500
125 500
125 500
125 500
Total tax
55 942
55 442
90 465
62 681
After tax
69 558
70 058
35 035
62 819
Living cost
32 415
32 415
32 415
32 415
Free-cash
37 143
37 643
2 620
30 404

Estimated living cost  is ₽32415 per week

₽19445
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.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104793
₽102087
₽109813
₽85968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
125 500
microenterprise

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

-
-
-
1 255
total
-
-
-
1 255
Employee
18 040
-
125 500
-
income
3 608
-
25 100
-
total
3 608
-
25 100
-
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%.

107 460
125 500
-
-
total
-
-
-
-
Dividends
107 460
125 500
-
-
withholding
5 373
6 275
-
-
total
5 373
6 275
-
-
Income
125 500
125 500
125 500
125 500
Total tax
8 981
6 275
25 100
1 255
After tax
116 519
119 225
100 400
124 245
Living cost
14 432
14 432
14 432
14 432
Free-cash
102 087
104 793
85 968
109 813

Estimated living cost  is ₽14432 per week

₽9766
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.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59155
₽50657
₽36629
₽33033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
income
-
-
-
26 160
pensions
-
-
-
22 920
unemployment
-
-
-
189
health
-
-
-
12 350
total
-
-
-
61 619
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.

44 929
-
108 592
-
health
2 902
-
7 015
-
income
7 748
-
24 307
-
pensions
6 964
-
16 833
-
unemployment
64
-
152
-
total
17 678
-
48 307
-
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.

44 929
-
108 592
-
unemployment
27
-
66
-
pensions
3 976
-
9 610
-
health
2 992
-
7 232
-
total
6 995
-
16 908
-
Corporate
73 575
125 500
-
-
income
13 979
23 845
-
-
total
13 979
23 845
-
-
Dividends
59 596
101 655
-
-
withholding
8 939
15 248
-
-
total
8 939
15 248
-
-
Income
125 500
125 500
125 500
125 500
Total tax
47 591
39 093
65 215
61 619
After tax
77 909
86 407
60 285
63 881
Living cost
27 252
27 252
27 252
27 252
Free-cash
50 657
59 155
33 033
36 629

Estimated living cost  is ₽27252 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
₽32454
-₽26202
₽42831
₽68215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
24 462
social contributions
-
-
-
14 307
total
-
-
-
38 769
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
125 500
-
-
income
-
27 610
-
-
total
-
27 610
-
-
Dividends
-
97 890
-
-
income
-
21 536
-
-
total
-
21 536
-
-
Income
125 500
125 500
125 500
125 500
Total tax
107 802
49 146
13 385
38 769
After tax
17 698
76 354
112 115
86 731
Living cost
43 900
43 900
43 900
43 900
Free-cash
-26 202
32 454
68 215
42 831

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
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.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39514
₽38492
₽37129
₽29257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
income
-
-
-
12 889
surtax
-
-
-
-
social contributions

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

-
-
-
43 612
total
-
-
-
56 501
Employee
46 730
-
101 414
-
social contributions
5 140
-
11 156
-
surtax
-
-
-
-
income
9 720
-
29 131
-
total
14 860
-
40 287
-
Employer
46 730
-
101 414
-
social contributions
11 098
-
24 086
-
total
11 098
-
24 086
-
Corporate
67 672
125 500
-
-
surtax
-
-
-
-
income
14 210
26 355
-
-
total
14 210
26 355
-
-
Dividends
53 462
99 145
-
-
withholding
14 970
27 761
-
-
total
14 970
27 761
-
-
Income
125 500
125 500
125 500
125 500
Total tax
55 138
54 116
64 373
56 501
After tax
70 362
71 384
61 127
68 999
Living cost
31 870
31 870
31 870
31 870
Free-cash
38 492
39 514
29 257
37 129

Estimated living cost  is ₽31870 per week

₽23845
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
₽14177
₽21164
₽22515
₽25852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
15 334
pensions
-
-
-
27 474
other
-
-
-
3 891
health
-
-
-
3 636
surtax
-
-
-
-
social contributions
-
-
-
3 577
total
-
-
-
53 912
Employee
63 636
-
100 163
-
social contributions
1 812
-
2 854
-
surtax
-
-
-
-
income
5 552
-
16 709
-
pensions
7 198
-
5 674
-
total
14 562
-
25 237
-
Employer
63 636
-
100 163
-
other
2 196
-
3 455
-
social contributions
191
-
301
-
unemployment
2 578
-
4 057
-
pensions
10 456
-
9 784
-
health
4 454
-
7 741
-
total
19 875
-
25 338
-
Corporate
41 989
125 500
-
-
surtax
-
-
-
-
income
11 758
35 140
-
-
total
11 758
35 140
-
-
Dividends
30 231
90 360
-
-
surtax
-
-
-
-
social contributions
5 198
15 543
-
-
withholding
3 870
11 567
-
-
total
9 068
27 110
-
-
Income
125 500
125 500
125 500
125 500
Total tax
55 263
62 250
50 575
53 912
After tax
70 237
63 250
74 925
71 588
Living cost
49 073
49 073
49 073
49 073
Free-cash
21 164
14 177
25 852
22 515

Estimated living cost  is ₽49073 per week

₽33212
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.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82408
₽78995
₽63728
₽67064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
3 619
social contributions
-
-
-
27 611
total
-
-
-
31 230
Employee
32 665
-
108 658
-
income
-
-
3 989
-
social contributions
2 123
-
7 063
-
total
2 123
-
11 052
-
Employer
32 665
-
108 658
-
social contributions
5 063
-
16 842
-
total
5 063
-
16 842
-
Corporate
87 772
125 500
-
-
income
8 777
12 550
-
-
total
8 777
12 550
-
-
Dividends
78 995
112 950
-
-
total
-
-
-
-
Income
125 500
125 500
125 500
125 500
Total tax
15 963
12 550
27 894
31 230
After tax
109 537
112 950
97 606
94 270
Living cost
30 542
30 542
30 542
30 542
Free-cash
78 995
82 408
67 064
63 728

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
-₽95848
-₽95848
₽27493
-₽95848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
municipal
-
-
-
24 555
pensions
-
-
-
881
national
-
-
-
13 675
labour market
-
-
-
9 969
total
-
-
-
49 080
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
125 500
125 500
125 500
125 500
Total tax
172 421
172 421
172 421
49 080
After tax
-46 921
-46 921
-46 921
76 420
Living cost
48 927
48 927
48 927
48 927
Free-cash
-95 848
-95 848
-95 848
27 493

Estimated living cost  is ₽48927 per week

₽33486
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
-₽11699
₽6811
₽64115
₽44470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
accident
-
-
-
255
income
-
-
-
32 494
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
39 520
Employee
34 396
-
109 860
-
health
3 939
-
12 579
-
income
4 719
-
23 249
-
pensions
3 873
-
7 696
-
total
12 531
-
43 524
-
Employer
34 396
-
109 860
-
accident
574
-
1 835
-
unemployment
843
-
2 692
-
pensions
5 593
-
11 114
-
total
7 010
-
15 641
-
Corporate
84 094
125 500
-
-
income

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

75 685
112 950
-
-
total
75 685
112 950
-
-
Dividends
8 410
12 550
-
-
withholding
1 598
2 384
-
-
total
1 598
2 384
-
-
Income
125 500
125 500
125 500
125 500
Total tax
96 824
115 334
59 165
39 520
After tax
28 676
10 166
66 335
85 980
Living cost
21 865
21 865
21 865
21 865
Free-cash
6 811
-11 699
44 470
64 115

Estimated living cost  is ₽21865 per week

₽15916
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.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42610
₽42680
₽47434
₽30227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
125 500
municipal
-
-
-
22 318
health
-
-
-
1 508
national
-
-
-
15 232
total
-
-
-
39 058
Employee
53 456
-
105 577
-
health
399
-
1 201
-
municipal
8 756
-
17 220
-
pensions
3 608
-
7 126
-
unemployment
802
-
1 583
-
national
883
-
9 212
-
total
14 448
-
36 342
-
Employer
53 456
-
105 577
-
accident
54
-
106
-
unemployment
347
-
686
-
pensions
9 274
-
18 317
-
health
411
-
814
-
total
10 086
-
19 923
-
Corporate
61 958
125 500
-
-
income
12 392
25 100
-
-
total
12 392
25 100
-
-
Dividends

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

37 175
75 300
-
-
national
195
5 227
-
-
municipal
6 691
13 555
-
-
total
6 886
18 782
-
-
Income
125 500
125 500
125 500
125 500
Total tax
43 812
43 882
56 265
39 058
After tax
81 688
81 618
69 235
86 442
Living cost
39 008
39 008
39 008
39 008
Free-cash
42 680
42 610
30 227
47 434

Estimated living cost  is ₽39008 per week

₽25480
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
₽68205
₽62674
₽64441
₽63096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
17 895
health
-
-
-
3 201
social contributions
-
-
-
16 439
total
-
-
-
37 535
Employee
78 128
78 128
114 633
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
1 949
-
income
8 507
7 232
17 318
-
total
12 066
15 044
28 013
-
Employer
78 128
78 128
114 633
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
2 121
-
total
3 611
7 930
10 867
-
Corporate
86 298
39 441
-
-
income
10 788
4 930
-
-
total
10 788
4 930
-
-
Dividends
75 511
34 511
-
-
withholding
12 837
5 867
-
-
total
12 837
5 867
-
-
Income
125 500
125 500
125 500
125 500
Total tax
39 302
33 771
38 880
37 535
After tax
86 198
91 729
86 620
87 965
Living cost
23 524
23 524
23 524
23 524
Free-cash
62 674
68 205
63 096
64 441

Estimated living cost  is ₽23524 per week

₽14098
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
₽87794
₽82626
₽86872
₽66492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
125 500
income
-
-
-
12 327
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
22 496
Employee

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

23 322
-
115 570
-
health
1 982
-
8 195
-
income
1 595
-
9 809
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
32 947
-
Employer

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

23 322
-
115 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
99 778
125 500
-
-
income
8 979
11 295
-
-
total
8 979
11 295
-
-
Dividends
90 799
114 205
-
-
withholding
8 171
10 279
-
-
total
8 171
10 279
-
-
Income
125 500
125 500
125 500
125 500
Total tax
26 742
21 574
42 876
22 496
After tax
98 758
103 926
82 624
103 004
Living cost
16 132
16 132
16 132
16 132
Free-cash
82 626
87 794
66 492
86 872

Estimated living cost  is ₽16132 per week

₽10292
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
₽56360
₽51234
₽41616
₽36731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
accident
-
-
-
848
income
-
-
-
27 693
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
55 944
Employee
37 569
-
95 477
-
other
37
-
94
-
income
7 243
-
24 826
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
30 807
-
Employer
37 569
-
95 477
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
75 954
125 500
-
-
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.

11 393
18 824
-
-
total
11 393
18 824
-
-
Dividends
64 560
106 676
-
-
withholding
13 327
22 376
-
-
total
13 327
22 376
-
-
Income
125 500
125 500
125 500
125 500
Total tax
46 326
41 200
60 829
55 944
After tax
79 174
84 300
64 671
69 556
Living cost
27 940
27 940
27 940
27 940
Free-cash
51 234
56 360
36 731
41 616

Estimated living cost  is ₽27940 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
₽75531
₽75075
₽77160
₽76963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
42 059
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
45 559
Employee
4 236
-
123 218
-
health
212
-
507
-
income
820
-
41 952
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
43 473
-
Employer
4 236
-
123 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
120 310
125 500
-
-
income
26 468
27 610
-
-
total
26 468
27 610
-
-
Dividends
93 842
97 890
-
-
withholding
18 768
19 578
-
-
total
18 768
19 578
-
-
Income
125 500
125 500
125 500
125 500
Total tax
47 644
47 188
45 756
45 559
After tax
77 856
78 312
79 744
79 941
Living cost
2 781
2 781
2 781
2 781
Free-cash
75 075
75 531
76 963
77 160

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
₽73115
₽68117
₽52443
₽52444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
income
-
-
-
27 134
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
55 498
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
-
112 069
-
health
1 364
-
3 864
-
income
3 650
-
27 134
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
42 066
-
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
-
112 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
94 284
125 500
-
-
income
14 143
18 825
-
-
total
14 143
18 825
-
-
Dividends
80 141
106 675
-
-
withholding
12 021
16 001
-
-
total
12 021
16 001
-
-
Income
125 500
125 500
125 500
125 500
Total tax
39 824
34 826
55 497
55 498
After tax
85 676
90 674
70 003
70 002
Living cost
17 559
17 559
17 559
17 559
Free-cash
68 117
73 115
52 444
52 443

Estimated living cost  is ₽17559 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
₽43992
₽43626
₽41607
₽33735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
income
-
-
-
12 889
surtax
-
-
-
-
social contributions

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

-
-
-
43 612
total
-
-
-
56 501
Employee
39 435
-
101 414
-
social contributions
4 338
-
11 156
-
surtax
-
-
-
-
income
7 705
-
29 131
-
total
12 043
-
40 287
-
Employer
39 435
-
101 414
-
social contributions
9 365
-
24 086
-
total
9 365
-
24 086
-
Corporate
76 700
125 500
-
-
surtax
-
-
-
-
income
16 108
26 355
-
-
total
16 108
26 355
-
-
Dividends
60 593
99 145
-
-
withholding
16 966
27 761
-
-
total
16 966
27 761
-
-
Income
125 500
125 500
125 500
125 500
Total tax
54 482
54 116
64 373
56 501
After tax
71 018
71 384
61 127
68 999
Living cost
27 392
27 392
27 392
27 392
Free-cash
43 626
43 992
33 735
41 607

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
₽48592
₽41049
₽33848
₽28963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
accident
-
-
-
848
income
-
-
-
27 693
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
55 944
Employee
49 070
-
95 477
-
other
48
-
94
-
income
10 249
-
24 826
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
30 807
-
Employer
49 070
-
95 477
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
60 785
125 500
-
-
income

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

9 118
18 824
-
-
total
9 118
18 824
-
-
Dividends
51 667
106 676
-
-
withholding
10 618
22 376
-
-
total
10 618
22 376
-
-
Income
125 500
125 500
125 500
125 500
Total tax
48 743
41 200
60 829
55 944
After tax
76 757
84 300
64 671
69 556
Living cost
35 708
35 708
35 708
35 708
Free-cash
41 049
48 592
28 963
33 848

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
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
₽89824
₽83631
₽79719
₽84066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
18 825
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
-
-
-
28 302
Employee
23 145
-
118 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
11 853
-
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
-
16 992
-
Employer
23 145
-
118 537
-
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
97 814
125 500
-
-
income
9 781
12 550
-
-
total
9 781
12 550
-
-
Dividends
88 033
112 950
-
-
withholding
4 402
5 647
-
-
total
4 402
5 647
-
-
Income
125 500
125 500
125 500
125 500
Total tax
24 390
18 197
23 955
28 302
After tax
101 110
107 303
101 545
97 198
Living cost
17 479
17 479
17 479
17 479
Free-cash
83 631
89 824
84 066
79 719

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
₽25454
₽38743
₽33430
₽44661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
trade
-
-
-
11 231
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.

-
-
-
32 865
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.

-
-
-
1 807
total
-
-
-
52 844
Employee

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

50 554
-
125 500
-
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
-
1 807
-
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
-
32 865
-
total
11 327
-
41 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 946
125 500
-
-
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.

619
1 035
-
-
income
11 241
18 824
-
-
trade
10 755
18 009
-
-
chamber of commerce
264
337
-
-
total
22 879
38 205
-
-
Dividends
52 067
87 294
-
-
surtax

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

694
1 178
-
-
withholding
12 631
21 437
-
-
total
13 325
22 615
-
-
Income
125 500
125 500
125 500
125 500
Total tax
47 531
60 820
41 613
52 844
After tax
77 969
64 680
83 887
72 656
Living cost
39 226
39 226
39 226
39 226
Free-cash
38 743
25 454
44 661
33 430

Estimated living cost  is ₽39226 per week

₽27059
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
₽29972
₽32214
₽22549
₽22549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
33 407
social contributions
-
-
-
11 666
total
-
-
-
45 073
Employee
79 477
-
125 500
-
income
14 997
-
33 407
-
social contributions
6 603
-
11 666
-
total
21 600
-
45 073
-
Employer
79 477
-
125 500
-
total
-
-
-
-
Corporate
46 023
125 500
-
-
income
5 754
15 687
-
-
total
5 754
15 687
-
-
Dividends
40 270
109 813
-
-
withholding
8 054
21 963
-
-
total
8 054
21 963
-
-
Income
125 500
125 500
125 500
125 500
Total tax
35 408
37 650
45 073
45 073
After tax
90 092
87 850
80 427
80 427
Living cost
57 878
57 878
57 878
57 878
Free-cash
32 214
29 972
22 549
22 549

Estimated living cost  is ₽57878 per week

₽44033
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.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39325
₽42875
₽52884
₽55614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
income
-
-
-
28 922
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
-
-
-
35 734
Employee
46 610
-
120 826
-
income
5 057
-
23 656
-
social contributions
4 670
-
4 674
-
total
9 727
-
28 330
-
Employer
46 610
-
120 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
74 220
125 500
-
-
income
25 978
43 925
-
-
total
25 978
43 925
-
-
Dividends
48 243
81 575
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
125 500
125 500
125 500
125 500
Total tax
45 743
49 293
33 004
35 734
After tax
79 757
76 207
92 496
89 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
42 875
39 325
55 614
52 884

Estimated living cost  is ₽36882 per week

₽24294
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
₽50054
₽50267
₽49336
₽37673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
income
-
-
-
30 060
pensions
-
-
-
8 110
total
-
-
-
38 170
Employee
52 152
-
110 137
-
health
680
-
1 809
-
income
9 497
-
22 286
-
pensions
3 981
-
10 374
-
total
14 158
-
34 469
-
Employer
52 152
-
110 137
-
pensions
5 269
-
13 271
-
health
991
-
2 093
-
total
6 260
-
15 364
-
Corporate
67 087
125 500
-
-
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.

12 746
23 845
-
-
total
12 746
23 845
-
-
Dividends
54 342
101 655
-
-
withholding
4 075
13 607
-
-
total
4 075
13 607
-
-
Income
125 500
125 500
125 500
125 500
Total tax
37 239
37 452
49 833
38 170
After tax
88 261
88 048
75 667
87 330
Living cost
37 994
37 994
37 994
37 994
Free-cash
50 267
50 054
37 673
49 336

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13864
₽6480
₽61950
₽42305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
accident
-
-
-
255
income
-
-
-
32 494
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
39 520
Employee
37 800
-
109 860
-
health
4 328
-
12 579
-
income
5 186
-
23 249
-
pensions
4 256
-
7 696
-
total
13 770
-
43 524
-
Employer
37 800
-
109 860
-
accident
631
-
1 835
-
unemployment
926
-
2 692
-
pensions
6 146
-
11 114
-
total
7 703
-
15 641
-
Corporate
79 996
125 500
-
-
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.

71 997
112 950
-
-
total
71 997
112 950
-
-
Dividends
8 000
12 550
-
-
withholding
1 520
2 384
-
-
total
1 520
2 384
-
-
Income
125 500
125 500
125 500
125 500
Total tax
94 990
115 334
59 165
39 520
After tax
30 510
10 166
66 335
85 980
Living cost
24 030
24 030
24 030
24 030
Free-cash
6 480
-13 864
42 305
61 950

Estimated living cost  is ₽24030 per week

₽17635
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

Close
Skopje , Macedonia
₽91913
₽87169
₽57404
₽69622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
125 500
work injury
-
-
-
627
health insurance
-
-
-
9 287
income
-
-
-
19 889
pensions
-
-
-
23 092
unemployment
-
-
-
1 506
total
-
-
-
54 401
Employee

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

21 911
-
125 500
-
work injury
110
-
405
-
income
2 191
-
19 889
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
42 183
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 589
125 500
-
-
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%.

1 036
1 255
-
-
total
1 036
1 255
-
-
Dividends
102 553
124 245
-
-
withholding
15 383
18 637
-
-
total
15 383
18 637
-
-
Income
125 500
125 500
125 500
125 500
Total tax
24 636
19 892
42 183
54 401
After tax
100 864
105 608
83 317
71 099
Living cost
13 695
13 695
13 695
13 695
Free-cash
87 169
91 913
69 622
57 404

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
₽25629
₽21006
₽20850
₽15111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
125 500
municipal
-
-
-
839
regional
-
-
-
2 727
national
-
-
-
28 328
social contributions
-
-
-
32 279
total
-
-
-
64 173
Employee
85 618
-
125 500
-
social contributions
28 870
-
42 318
-
regional
1 293
-
2 332
-
municipal
511
-
748
-
national
14 469
-
24 514
-
total
45 143
-
69 912
-
Employer
85 618
-
125 500
-
total
-
-
-
-
Corporate
39 882
125 500
-
-
nationa
9 571
30 119
-
-
municipal
1 922
6 049
-
-
total
11 493
36 168
-
-
Dividends
28 389
89 332
-
-
withholding
7 381
23 226
-
-
total
7 381
23 226
-
-
Income
125 500
125 500
125 500
125 500
Total tax
64 017
59 394
69 912
64 173
After tax
61 483
66 106
55 588
61 327
Living cost
40 476
40 476
40 476
40 476
Free-cash
21 006
25 629
15 111
20 850

Estimated living cost  is ₽40476 per week

₽28432
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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