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
₽ 126500
per

Your estimated
City
free-cash

Dresden , Germany
₽33115
₽44350
₽41188
₽53671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
trade
-
-
-
12 483
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.

-
-
-
33 283
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.

-
-
-
1 830
total
-
-
-
54 537
Employee

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

38 861
-
126 500
-
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
-
1 830
-
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
-
33 283
-
total
8 087
-
42 054
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 639
126 500
-
-
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.

723
1 043
-
-
income
13 146
18 975
-
-
trade
13 803
19 923
-
-
chamber of commerce
280
335
-
-
total
27 952
40 276
-
-
Dividends
59 687
86 223
-
-
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.

800
1 165
-
-
withholding
14 536
21 169
-
-
total
15 336
22 334
-
-
Income
126 500
126 500
126 500
126 500
Total tax
51 375
62 610
42 054
54 537
After tax
75 125
63 890
84 446
71 963
Living cost
30 775
30 775
30 775
30 775
Free-cash
44 350
33 115
53 671
41 188

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
₽27668
₽26816
₽24293
₽25285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
municipal
-
-
-
13 492
pensions
-
-
-
15 180
national
-
-
-
20 907
social contributions
-
-
-
1 360
total
-
-
-
50 939
Employee
79 474
-
109 358
-
municipal
9 816
-
13 982
-
pensions
3 179
-
4 374
-
national
15 211
-
21 666
-
total
28 206
-
40 022
-
Employer
79 474
-
109 358
-
social contributions
854
-
1 176
-
pensions
6 358
-
8 749
-
total
7 212
-
9 925
-
Corporate
34 568
126 500
-
-
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%.

6 914
25 300
-
-
total
6 914
25 300
-
-
Dividends
27 654
101 200
-
-
withholding
6 084
22 264
-
-
total
6 084
22 264
-
-
Income
126 500
126 500
126 500
126 500
Total tax
48 416
47 564
49 947
50 939
After tax
78 084
78 936
76 553
75 561
Living cost
51 268
51 268
51 268
51 268
Free-cash
26 816
27 668
25 285
24 293

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
₽80061
₽71728
₽15192
₽49879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
microenterprise
-
-
-
-
income
-
-
-
18 984
surtax
-
-
-
32 257
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
-
-
-
90 170
Employee
29 689
-
101 942
-
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
-
11 214
-
surtax
-
-
-
-
income
5 285
-
19 711
-
total
8 551
-
30 925
-
Employer
29 689
-
101 942
-
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
-
24 558
-
surtax
-
-
-
-
total
7 151
-
24 558
-
Corporate
89 659
126 500
-
-
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%.

17 932
25 301
-
-
total
17 932
25 301
-
-
Dividends

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

71 728
101 199
-
-
total
-
-
-
-
Income
126 500
126 500
126 500
126 500
Total tax
33 634
25 301
55 483
90 170
After tax
92 866
101 199
71 017
36 330
Living cost
21 138
21 138
21 138
21 138
Free-cash
71 728
80 061
49 879
15 192

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
₽19284
₽13059
₽30164
₽26464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
29 340
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
53 773
Employee
86 765
86 765
107 651
-
health
13 318
11 328
12 517
-
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
38 623
-
Employer
86 765
86 765
107 651
-
unemployment
3 124
3 124
3 876
-
pensions
6 039
6 039
7 493
-
health
6 031
6 031
7 481
-
total
15 194
15 194
18 850
-
Corporate
25 605
24 541
-
-
income
5 121
4 909
-
-
total
5 121
4 909
-
-
Dividends
20 484
19 632
-
-
income
4 352
4 172
-
-
withholding
3 073
2 944
-
-
total
7 425
7 116
-
-
Income
126 500
126 500
126 500
126 500
Total tax
70 878
64 653
57 473
53 773
After tax
55 622
61 847
69 027
72 727
Living cost
42 563
42 563
42 563
42 563
Free-cash
13 059
19 284
26 464
30 164

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
₽29916
₽29036
₽28055
₽26999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
municipal
-
-
-
30 309
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
4 124
total
-
-
-
59 292
Employee
55 789
-
99 539
-
municipal
16 636
-
29 683
-
national
-
-
3 704
-
total
16 636
-
33 387
-
Employer
55 789
-
99 539
-
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
53 182
126 500
-
-
income
11 700
27 830
-
-
total
11 700
27 830
-
-
Dividends
41 482
98 670
-
-
withholding
12 445
29 601
-
-
total
12 445
29 601
-
-
Income
126 500
126 500
126 500
126 500
Total tax
58 311
57 431
60 348
59 292
After tax
68 189
69 069
66 152
67 208
Living cost
39 153
39 153
39 153
39 153
Free-cash
29 036
29 916
26 999
28 055

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
₽23324
₽37600
₽31494
₽44532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
trade
-
-
-
13 038
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.

-
-
-
33 283
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.

-
-
-
1 830
total
-
-
-
55 092
Employee

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

51 525
-
126 500
-
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
-
1 830
-
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
-
33 283
-
total
11 611
-
42 054
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 975
126 500
-
-
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
1 043
-
-
income
11 247
18 975
-
-
trade
12 334
20 808
-
-
chamber of commerce
260
334
-
-
total
24 460
41 160
-
-
Dividends
50 515
85 340
-
-
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.

673
1 153
-
-
withholding
12 242
20 949
-
-
total
12 915
22 102
-
-
Income
126 500
126 500
126 500
126 500
Total tax
48 986
63 262
42 054
55 092
After tax
77 514
63 238
84 446
71 408
Living cost
39 914
39 914
39 914
39 914
Free-cash
37 600
23 324
44 532
31 494

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
₽59499
₽55287
₽55692
₽54342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
18 188
health
-
-
-
3 226
social contributions
-
-
-
16 439
total
-
-
-
37 853
Employee
78 128
78 128
115 616
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
1 965
-
income
8 204
7 232
17 608
-
total
12 777
15 044
28 319
-
Employer
78 128
78 128
115 616
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
2 138
-
total
4 642
7 930
10 884
-
Corporate
76 124
40 441
-
-
income
9 515
5 056
-
-
total
9 515
5 056
-
-
Dividends
66 609
35 386
-
-
withholding
11 324
6 016
-
-
total
11 324
6 016
-
-
Income
126 500
126 500
126 500
126 500
Total tax
38 258
34 046
39 203
37 853
After tax
88 242
92 454
87 297
88 647
Living cost
32 955
32 955
32 955
32 955
Free-cash
55 287
59 499
54 342
55 692

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
₽52765
₽53147
₽69228
₽54929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
15 465
pensions
-
-
-
12 650
unemployment
-
-
-
1 898
health
-
-
-
8 855
total
-
-
-
38 868
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
105 858
-
health
1 860
740
7 410
-
income
3 248
1 293
12 941
-
pensions
2 657
1 057
10 586
-
unemployment
399
159
1 588
-
total
8 164
3 249
32 525
-
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
105 858
-
pensions
5 181
2 062
20 642
-
total
5 181
2 062
20 642
-
Corporate
94 753
113 865
-
-
income
8 528
10 248
-
-
total
8 528
10 248
-
-
Dividends
86 225
103 617
-
-
social contributions
16 693
20 085
-
-
withholding
16 383
19 687
-
-
total
33 076
39 772
-
-
Income
126 500
126 500
126 500
126 500
Total tax
54 949
55 331
53 167
38 868
After tax
71 551
71 169
73 333
87 632
Living cost
18 404
18 404
18 404
18 404
Free-cash
53 147
52 765
54 929
69 228

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
₽76658
₽70348
₽43263
₽48373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
16 952
pensions
-
-
-
25 299
health
-
-
-
16 445
total
-
-
-
58 696
Employee
28 823
-
94 543
-
income
3 245
-
18 228
-
pensions
577
-
1 891
-
unemployment
461
-
1 514
-
total
4 283
-
21 633
-
Employer
28 823
-
94 543
-
unemployment
231
-
756
-
pensions
5 765
-
18 907
-
health
3 746
-
12 290
-
total
9 742
-
31 953
-
Corporate
87 934
126 500
-
-
income
17 586
25 301
-
-
total
17 586
25 301
-
-
Dividends
70 347
101 199
-
-
total
-
-
-
-
Income
126 500
126 500
126 500
126 500
Total tax
31 611
25 301
53 586
58 696
After tax
94 889
101 199
72 914
67 804
Living cost
24 541
24 541
24 541
24 541
Free-cash
70 348
76 658
48 373
43 263

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
-₽11947
₽6842
₽64467
₽44720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
accident
-
-
-
255
income
-
-
-
32 814
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
39 840
Employee
34 910
-
110 821
-
health
3 997
-
12 689
-
income
4 789
-
23 522
-
pensions
3 931
-
7 696
-
total
12 717
-
43 907
-
Employer
34 910
-
110 821
-
accident
583
-
1 851
-
unemployment
855
-
2 715
-
pensions
5 677
-
11 114
-
total
7 115
-
15 680
-
Corporate
84 475
126 500
-
-
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.

76 028
113 850
-
-
total
76 028
113 850
-
-
Dividends
8 447
12 650
-
-
withholding
1 605
2 404
-
-
total
1 605
2 404
-
-
Income
126 500
126 500
126 500
126 500
Total tax
97 465
116 254
59 587
39 840
After tax
29 035
10 246
66 913
86 660
Living cost
22 193
22 193
22 193
22 193
Free-cash
6 842
-11 947
44 720
64 467

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
₽110914
₽109178
₽115974
₽91939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
126 500
microenterprise

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

-
-
-
1 265
total
-
-
-
1 265
Employee
11 576
-
126 500
-
income
2 315
-
25 300
-
total
2 315
-
25 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

114 924
126 500
-
-
total
-
-
-
-
Dividends
114 924
126 500
-
-
withholding
5 746
6 325
-
-
total
5 746
6 325
-
-
Income
126 500
126 500
126 500
126 500
Total tax
8 061
6 325
25 300
1 265
After tax
118 439
120 175
101 200
125 235
Living cost
9 261
9 261
9 261
9 261
Free-cash
109 178
110 914
91 939
115 974

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
₽65866
₽59007
₽40653
₽45884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
16 842
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.

-
-
-
30 358
other
-
-
-
6 008
health
-
-
-
5 566
total
-
-
-
58 774
Employee
36 891
-
101 039
-
health
517
-
1 415
-
income
6 351
-
18 585
-
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
-
7 072
-
unemployment
368
-
1 010
-
total
9 818
-
28 082
-
Employer
36 891
-
101 039
-
accident
295
-
808
-
other
1 845
-
5 052
-
unemployment
368
-
1 010
-
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
-
17 176
-
health
517
-
1 415
-
total
9 297
-
25 461
-
Corporate
80 311
126 500
-
-
income
16 865
26 566
-
-
total
16 865
26 566
-
-
Dividends
63 446
99 934
-
-
withholding
4 440
6 995
-
-
total
4 440
6 995
-
-
Income
126 500
126 500
126 500
126 500
Total tax
40 420
33 561
53 543
58 774
After tax
86 080
92 939
72 957
67 726
Living cost
27 073
27 073
27 073
27 073
Free-cash
59 007
65 866
45 884
40 653

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
₽20186
₽12322
₽19509
₽7760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
30 454
pensions
-
-
-
8 128
total
-
-
-
38 582
Employee
96 788
-
111 001
-
health
1 595
-
1 818
-
income
17 447
-
22 622
-
pensions
9 337
-
10 392
-
total
28 379
-
34 832
-
Employer
96 788
-
111 001
-
pensions
11 428
-
13 390
-
health
1 838
-
2 109
-
total
13 266
-
15 499
-
Corporate
16 446
126 500
-
-
income

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

3 124
24 034
-
-
total
3 124
24 034
-
-
Dividends
13 321
102 466
-
-
withholding
1 000
13 871
-
-
total
1 000
13 871
-
-
Income
126 500
126 500
126 500
126 500
Total tax
45 769
37 905
50 331
38 582
After tax
80 731
88 595
76 169
87 918
Living cost
68 409
68 409
68 409
68 409
Free-cash
12 322
20 186
7 760
19 509

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
₽94835
₽90116
₽84726
₽89122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
18 975
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
-
-
-
28 452
Employee
17 641
-
119 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
11 954
-
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
-
17 093
-
Employer
17 641
-
119 537
-
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
105 398
126 500
-
-
income
10 540
12 650
-
-
total
10 540
12 650
-
-
Dividends
94 858
113 850
-
-
withholding
4 743
5 693
-
-
total
4 743
5 693
-
-
Income
126 500
126 500
126 500
126 500
Total tax
23 062
18 343
24 056
28 452
After tax
103 438
108 157
102 444
98 048
Living cost
13 322
13 322
13 322
13 322
Free-cash
90 116
94 835
89 122
84 726

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
₽5506
₽8060
₽16386
₽12686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
29 340
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
53 773
Employee
94 199
86 765
107 651
-
health
11 752
11 328
12 517
-
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
38 623
-
Employer
94 199
86 765
107 651
-
unemployment
3 392
3 124
3 876
-
pensions
6 556
6 039
7 493
-
health
6 546
6 031
7 481
-
total
16 494
15 194
18 850
-
Corporate
15 807
24 541
-
-
income
3 162
4 909
-
-
total
3 162
4 909
-
-
Dividends
12 645
19 632
-
-
income
2 688
4 172
-
-
withholding
1 897
2 944
-
-
total
4 585
7 116
-
-
Income
126 500
126 500
126 500
126 500
Total tax
62 099
64 653
57 473
53 773
After tax
64 401
61 847
69 027
72 727
Living cost
56 341
56 341
56 341
56 341
Free-cash
8 060
5 506
12 686
16 386

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
₽62821
₽54161
₽39046
₽39921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
11 174
health
-
-
-
17 077
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
63 180
Employee
35 697
-
94 403
-
social contributions
2 320
-
6 136
-
health
4 819
-
12 744
-
solidarity contribution
-
-
-
-
income
4 284
-
11 328
-
total
11 423
-
30 208
-
Employer
35 697
-
94 403
-
social contributions
8 924
-
23 601
-
health
3 213
-
8 496
-
total
12 137
-
32 097
-
Corporate
78 666
126 500
-
-
income
14 947
24 035
-
-
total
14 947
24 035
-
-
Dividends
63 720
102 465
-
-
withholding
9 558
15 370
-
-
total
9 558
15 370
-
-
Income
126 500
126 500
126 500
126 500
Total tax
48 065
39 405
62 305
63 180
After tax
78 435
87 095
64 195
63 320
Living cost
24 274
24 274
24 274
24 274
Free-cash
54 161
62 821
39 921
39 046

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
₽24619
₽19315
₽20289
₽14270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
municipal
-
-
-
752
regional
-
-
-
1 440
national
-
-
-
28 611
social contributions
-
-
-
32 535
total
-
-
-
63 338
Employee
90 299
-
126 500
-
social contributions
30 449
-
42 656
-
regional
852
-
1 265
-
municipal
478
-
671
-
national
15 647
-
24 765
-
total
47 426
-
69 357
-
Employer
90 299
-
126 500
-
total
-
-
-
-
Corporate
36 201
126 500
-
-
nationa
8 688
30 360
-
-
municipal
1 411
4 934
-
-
total
10 099
35 294
-
-
Dividends
26 101
91 206
-
-
withholding
6 787
23 714
-
-
total
6 787
23 714
-
-
Income
126 500
126 500
126 500
126 500
Total tax
64 312
59 008
69 357
63 338
After tax
62 188
67 492
57 143
63 162
Living cost
42 873
42 873
42 873
42 873
Free-cash
19 315
24 619
14 270
20 289

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
₽57148
₽53985
₽38768
₽36684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
27 127
pensions
-
-
-
25 301
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 981
surtax
-
-
-
3 671
total
-
-
-
65 311
Employee
33 600
-
104 502
-
other
-
-
-
-
health
858
-
2 665
-
surtax
110
-
3 341
-
income
5 632
-
25 148
-
pensions
2 240
-
6 970
-
unemployment
2 339
-
7 273
-
total
11 179
-
45 397
-
Employer
33 600
-
104 502
-
other
-
-
-
-
unemployment
1 064
-
3 313
-
pensions
4 479
-
13 931
-
health
1 529
-
4 755
-
total
7 072
-
21 999
-
Corporate
85 828
126 500
-
-
income
22 316
32 890
-
-
total
22 316
32 890
-
-
Dividends
63 512
93 610
-
-
withholding
9 527
14 041
-
-
total
9 527
14 041
-
-
Income
126 500
126 500
126 500
126 500
Total tax
50 094
46 931
67 396
65 311
After tax
76 406
79 569
59 104
61 189
Living cost
22 420
22 420
22 420
22 420
Free-cash
53 985
57 148
36 684
38 768

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
₽41860
₽39995
₽41183
₽29434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
30 454
pensions
-
-
-
8 128
total
-
-
-
38 582
Employee
64 865
-
111 001
-
health
942
-
1 818
-
income
11 682
-
22 622
-
pensions
5 506
-
10 392
-
total
18 130
-
34 832
-
Employer
64 865
-
111 001
-
pensions
7 022
-
13 390
-
health
1 232
-
2 109
-
total
8 254
-
15 499
-
Corporate
53 381
126 500
-
-
income

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

10 142
24 034
-
-
total
10 142
24 034
-
-
Dividends
43 240
102 466
-
-
withholding
3 244
13 871
-
-
total
3 244
13 871
-
-
Income
126 500
126 500
126 500
126 500
Total tax
39 770
37 905
50 331
38 582
After tax
86 730
88 595
76 169
87 918
Living cost
46 735
46 735
46 735
46 735
Free-cash
39 995
41 860
29 434
41 183

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
-₽19769
₽13438
₽26849
₽20579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
city
-
-
-
1 334
pensions
-
-
-
11 638
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.

-
-
-
2 530
regional
-
-
-
5 029
health
-
-
-
285
national
-
-
-
1 220
total
-
-
-
22 036
Employee
90 829
-
113 222
-
city
975
-
1 216
-
regional
2 974
-
4 338
-
health
205
-
255
-
pensions
7 631
-
9 511
-
unemployment
-
-
-
-
national
430
-
955
-
total
12 215
-
16 275
-
Employer
90 829
-
113 222
-
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
-
2 265
-
unemployment
-
-
-
-
pensions
7 631
-
9 511
-
health
205
-
255
-
total
9 652
-
12 031
-
Corporate
25 020
126 500
-
-
regional
5 293
26 754
-
-
national
2 127
10 753
-
-
total
7 420
37 507
-
-
Dividends
17 601
88 994
-
-
withholding
6 160
31 147
-
-
total
6 160
31 147
-
-
Income
126 500
126 500
126 500
126 500
Total tax
35 447
68 654
28 306
22 036
After tax
91 053
57 846
98 194
104 464
Living cost
77 615
77 615
77 615
77 615
Free-cash
13 438
-19 769
20 579
26 849

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
₽16043
₽32518
₽24308
₽37901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
trade
-
-
-
13 593
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.

-
-
-
33 283
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.

-
-
-
1 830
total
-
-
-
55 647
Employee

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

61 062
-
126 500
-
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
-
1 830
-
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
-
33 283
-
total
14 516
-
42 054
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 438
126 500
-
-
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.

540
1 043
-
-
income
9 816
18 975
-
-
trade
11 222
21 695
-
-
chamber of commerce
247
332
-
-
total
21 825
42 045
-
-
Dividends
43 614
84 455
-
-
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.

578
1 140
-
-
withholding
10 518
20 727
-
-
total
11 096
21 867
-
-
Income
126 500
126 500
126 500
126 500
Total tax
47 437
63 912
42 054
55 647
After tax
79 063
62 588
84 446
70 853
Living cost
46 545
46 545
46 545
46 545
Free-cash
32 518
16 043
37 901
24 308

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
₽28995
₽34996
₽37374
₽40609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
15 569
pensions
-
-
-
27 557
other
-
-
-
3 922
health
-
-
-
3 712
surtax
-
-
-
-
social contributions
-
-
-
3 604
total
-
-
-
54 364
Employee
43 485
-
100 891
-
social contributions
1 240
-
2 875
-
surtax
-
-
-
-
income
2 566
-
16 899
-
pensions
4 917
-
5 748
-
total
8 723
-
25 522
-
Employer
43 485
-
100 891
-
other
1 500
-
3 480
-
social contributions
131
-
303
-
unemployment
1 760
-
4 086
-
pensions
7 144
-
9 903
-
health
3 045
-
7 835
-
total
13 580
-
25 607
-
Corporate
69 435
126 500
-
-
surtax
-
-
-
-
income
19 441
35 420
-
-
total
19 441
35 420
-
-
Dividends
49 994
91 080
-
-
surtax
-
-
-
-
social contributions
8 599
15 666
-
-
withholding
6 399
11 657
-
-
total
14 998
27 323
-
-
Income
126 500
126 500
126 500
126 500
Total tax
56 742
62 743
51 129
54 364
After tax
69 758
63 757
75 371
72 136
Living cost
34 762
34 762
34 762
34 762
Free-cash
34 996
28 995
40 609
37 374

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
₽32439
₽38084
₽40818
₽44053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
15 569
pensions
-
-
-
27 557
other
-
-
-
3 922
health
-
-
-
3 712
surtax
-
-
-
-
social contributions
-
-
-
3 604
total
-
-
-
54 364
Employee
38 816
-
100 891
-
social contributions
1 107
-
2 875
-
surtax
-
-
-
-
income
2 001
-
16 899
-
pensions
4 390
-
5 748
-
total
7 498
-
25 522
-
Employer
38 816
-
100 891
-
other
1 340
-
3 480
-
social contributions
116
-
303
-
unemployment
1 571
-
4 086
-
pensions
6 378
-
9 903
-
health
2 717
-
7 835
-
total
12 122
-
25 607
-
Corporate
75 562
126 500
-
-
surtax
-
-
-
-
income
21 157
35 420
-
-
total
21 157
35 420
-
-
Dividends
54 404
91 080
-
-
surtax
-
-
-
-
social contributions
9 357
15 666
-
-
withholding
6 964
11 657
-
-
total
16 321
27 323
-
-
Income
126 500
126 500
126 500
126 500
Total tax
57 098
62 743
51 129
54 364
After tax
69 402
63 757
75 371
72 136
Living cost
31 318
31 318
31 318
31 318
Free-cash
38 084
32 439
44 053
40 818

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
₽55634
₽56159
₽59694
₽58626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
18 975
health
-
-
-
8 829
social contributions
-
-
-
17 457
total
-
-
-
45 261
Employee
34 450
-
126 500
-
social contributions
4 755
-
17 457
-
health
2 404
-
8 829
-
income
5 746
-
20 043
-
total
12 905
-
46 329
-
Employer
34 450
-
126 500
-
total
-
-
-
-
Corporate
92 050
126 500
-
-
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%.

4 602
6 324
-
-
total
4 602
6 324
-
-
Dividends
87 448
120 176
-
-
health
6 104
8 387
-
-
social contributions
12 068
16 584
-
-
withholding
13 117
18 026
-
-
total
31 289
42 997
-
-
Income
126 500
126 500
126 500
126 500
Total tax
48 796
49 321
46 329
45 261
After tax
77 704
77 179
80 171
81 239
Living cost
21 545
21 545
21 545
21 545
Free-cash
56 159
55 634
58 626
59 694

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
₽34691
₽33121
₽27392
-₽625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
chamber of commerce
-
-
-
505
income
-
-
-
25 330
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
63 307
Employee
50 777
40 491
98 074
-
other
507
405
981
-
health
1 965
1 568
3 795
-
income
5 781
2 987
21 583
-
pensions
5 200
4 145
10 044
-
unemployment
1 523
1 215
2 942
-
total
14 976
10 320
39 345
-
Employer
50 777
40 491
98 074
-
accident
659
526
1 274
-
other
2 412
1 922
4 658
-
chamber of commerce
202
162
391
-
unemployment
1 523
1 215
2 942
-
surtax
201
201
201
-
pensions
6 372
5 083
12 309
-
payroll
1 523
1 215
2 942
-
health
1 918
1 531
3 708
-
total
14 810
11 855
28 425
-
Corporate
60 911
74 155
94 217
-
income

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

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

15 228
18 539
23 554
-
total
15 228
18 539
23 554
-
Dividends
45 683
55 616
-
-
withholding
12 564
15 294
-
-
total
12 564
15 294
-
-
Income
126 500
126 500
126 500
126 500
Total tax
57 578
56 008
91 324
63 307
After tax
68 922
70 492
35 176
63 193
Living cost
35 801
35 801
35 801
35 801
Free-cash
33 121
34 691
-625
27 392

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
₽33810
₽18572
₽19740
₽10421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
national
-
-
-
43 188
communal

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

-
-
-
6 382
social contributions
-
-
-
20 144
total
-
-
-
69 714
Employee

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

72 678
-
97 981
-
communal

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

3 791
-
5 111
-
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
-
4 604
-
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
-
7 348
-
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
-
852
-
national
22 344
-
32 599
-
total
35 633
-
50 514
-
Employer

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

72 678
-
97 981
-
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
-
1 273
-
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
-
1 431
-
surtax
8 241
-
11 110
-
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
-
8 680
-
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
-
6 025
-
total
21 155
-
28 519
-
Corporate
32 667
126 500
-
-
surtax
131
505
-
-
income
6 532
25 301
-
-
total
6 663
25 806
-
-
Dividends
26 003
100 694
-
-
withholding

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

7 431
29 838
-
-
total
7 431
29 838
-
-
Income
126 500
126 500
126 500
126 500
Total tax
70 882
55 644
79 033
69 714
After tax
55 618
70 856
47 467
56 786
Living cost
37 046
37 046
37 046
37 046
Free-cash
18 572
33 810
10 421
19 740

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
₽48261
₽40390
₽33493
₽28608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
accident
-
-
-
848
income
-
-
-
28 063
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
56 314
Employee
50 576
-
96 477
-
other
50
-
94
-
income
10 671
-
25 196
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
31 177
-
Employer
50 576
-
96 477
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
59 803
126 500
-
-
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.

8 970
18 975
-
-
total
8 970
18 975
-
-
Dividends
50 834
107 525
-
-
withholding
10 443
22 571
-
-
total
10 443
22 571
-
-
Income
126 500
126 500
126 500
126 500
Total tax
49 417
41 546
61 199
56 314
After tax
77 083
84 954
65 301
70 186
Living cost
36 693
36 693
36 693
36 693
Free-cash
40 390
48 261
28 608
33 493

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
₽21164
₽11397
₽13202
₽18244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
accident
-
-
-
1 066
income
-
-
-
14 902
pensions
-
-
-
18 961
health
-
-
-
8 887
surtax
-
-
-
6 272
communal
-
-
-
7 994
total
-
-
-
58 082
Employee
76 944
-
112 997
-
health
3 424
-
5 029
-
surtax
4 716
-
6 926
-
income
7 432
-
18 544
-
pensions
6 155
-
9 039
-
total
21 727
-
39 538
-
Employer
76 944
-
112 997
-
accident
692
-
1 016
-
pensions
6 155
-
9 039
-
health
2 347
-
3 447
-
total
9 194
-
13 502
-
Corporate
40 363
126 500
-
-
surtax
424
1 328
-
-
communal
2 724
8 540
-
-
income
6 054
18 975
-
-
total
9 202
28 843
-
-
Dividends
31 160
97 657
-
-
income
15 090
6 629
-
-
withholding
4 674
14 648
-
-
total
19 764
21 277
-
-
Income
126 500
126 500
126 500
126 500
Total tax
59 887
50 120
53 040
58 082
After tax
66 613
76 380
73 460
68 418
Living cost
55 216
55 216
55 216
55 216
Free-cash
11 397
21 164
18 244
13 202

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
₽56748
₽53516
₽38368
₽36283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
27 127
pensions
-
-
-
25 301
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 981
surtax
-
-
-
3 671
total
-
-
-
65 311
Employee
34 217
-
104 502
-
other
-
-
-
-
health
873
-
2 665
-
surtax
121
-
3 341
-
income
5 736
-
25 148
-
pensions
2 283
-
6 970
-
unemployment
2 381
-
7 273
-
total
11 394
-
45 397
-
Employer
34 217
-
104 502
-
other
-
-
-
-
unemployment
1 086
-
3 313
-
pensions
4 562
-
13 931
-
health
1 556
-
4 755
-
total
7 204
-
21 999
-
Corporate
85 080
126 500
-
-
income
22 121
32 890
-
-
total
22 121
32 890
-
-
Dividends
62 959
93 610
-
-
withholding
9 444
14 041
-
-
total
9 444
14 041
-
-
Income
126 500
126 500
126 500
126 500
Total tax
50 163
46 931
67 396
65 311
After tax
76 337
79 569
59 104
61 189
Living cost
22 821
22 821
22 821
22 821
Free-cash
53 516
56 748
36 283
38 368

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
₽39121
₽36866
₽35324
₽29337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
municipal
-
-
-
752
regional
-
-
-
1 908
national
-
-
-
28 611
social contributions
-
-
-
32 535
total
-
-
-
63 806
Employee
56 361
-
126 500
-
social contributions
19 005
-
42 656
-
regional
759
-
1 701
-
municipal
299
-
671
-
national
8 929
-
24 765
-
total
28 992
-
69 793
-
Employer
56 361
-
126 500
-
total
-
-
-
-
Corporate
70 139
126 500
-
-
nationa
16 833
30 360
-
-
municipal
3 486
6 288
-
-
total
20 319
36 648
-
-
Dividends
49 820
89 852
-
-
withholding
12 953
23 361
-
-
total
12 953
23 361
-
-
Income
126 500
126 500
126 500
126 500
Total tax
62 264
60 009
69 793
63 806
After tax
64 236
66 491
56 707
62 694
Living cost
27 370
27 370
27 370
27 370
Free-cash
36 866
39 121
29 337
35 324

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
₽57183
₽46513
₽33408
₽34283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
11 174
health
-
-
-
17 077
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
63 180
Employee
43 988
-
94 403
-
social contributions
2 859
-
6 136
-
health
5 938
-
12 744
-
solidarity contribution
-
-
-
-
income
5 278
-
11 328
-
total
14 075
-
30 208
-
Employer
43 988
-
94 403
-
social contributions
10 997
-
23 601
-
health
3 959
-
8 496
-
total
14 956
-
32 097
-
Corporate
67 557
126 500
-
-
income
12 836
24 035
-
-
total
12 836
24 035
-
-
Dividends
54 721
102 465
-
-
withholding
8 208
15 370
-
-
total
8 208
15 370
-
-
Income
126 500
126 500
126 500
126 500
Total tax
50 075
39 405
62 305
63 180
After tax
76 425
87 095
64 195
63 320
Living cost
29 912
29 912
29 912
29 912
Free-cash
46 513
57 183
34 283
33 408

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
₽38186
₽37688
₽30979
₽2799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
chamber of commerce
-
-
-
505
income
-
-
-
25 330
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
63 106
Employee
44 414
40 491
98 230
-
other
443
405
981
-
health
1 718
1 568
3 802
-
income
3 957
2 987
21 637
-
pensions
4 548
4 145
10 059
-
unemployment
1 332
1 215
2 946
-
total
11 998
10 320
39 425
-
Employer
44 414
40 491
98 230
-
accident
577
526
1 276
-
other
2 109
1 922
4 666
-
chamber of commerce
177
162
393
-
unemployment
1 332
1 215
2 946
-
surtax
-
-
-
-
pensions
5 574
5 083
12 328
-
payroll
1 332
1 215
2 946
-
health
1 679
1 531
3 714
-
total
12 780
11 654
28 269
-
Corporate
69 305
74 356
94 374
-
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.

17 326
18 589
23 592
-
total
17 326
18 589
23 592
-
Dividends
51 978
55 767
-
-
withholding
14 293
15 336
-
-
total
14 293
15 336
-
-
Income
126 500
126 500
126 500
126 500
Total tax
56 397
55 899
91 286
63 106
After tax
70 103
70 601
35 214
63 394
Living cost
32 415
32 415
32 415
32 415
Free-cash
37 688
38 186
2 799
30 979

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
₽105743
₽103037
₽110803
₽86768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
126 500
microenterprise

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

-
-
-
1 265
total
-
-
-
1 265
Employee
18 040
-
126 500
-
income
3 608
-
25 300
-
total
3 608
-
25 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

108 460
126 500
-
-
total
-
-
-
-
Dividends
108 460
126 500
-
-
withholding
5 423
6 325
-
-
total
5 423
6 325
-
-
Income
126 500
126 500
126 500
126 500
Total tax
9 031
6 325
25 300
1 265
After tax
117 469
120 175
101 200
125 235
Living cost
14 432
14 432
14 432
14 432
Free-cash
103 037
105 743
86 768
110 803

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
₽59845
₽51345
₽37105
₽33478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
income
-
-
-
26 405
pensions
-
-
-
23 103
unemployment
-
-
-
189
health
-
-
-
12 446
total
-
-
-
62 143
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
-
109 457
-
health
2 902
-
7 072
-
income
7 748
-
24 537
-
pensions
6 964
-
16 966
-
unemployment
64
-
152
-
total
17 678
-
48 727
-
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
-
109 457
-
unemployment
27
-
66
-
pensions
3 976
-
9 687
-
health
2 992
-
7 290
-
total
6 995
-
17 043
-
Corporate
74 575
126 500
-
-
income
14 170
24 034
-
-
total
14 170
24 034
-
-
Dividends
60 406
102 466
-
-
withholding
9 060
15 369
-
-
total
9 060
15 369
-
-
Income
126 500
126 500
126 500
126 500
Total tax
47 903
39 403
65 770
62 143
After tax
78 597
87 097
60 730
64 357
Living cost
27 252
27 252
27 252
27 252
Free-cash
51 345
59 845
33 478
37 105

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
₽33063
-₽25202
₽43522
₽69215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
24 657
social contributions
-
-
-
14 421
total
-
-
-
39 078
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
-
126 500
-
-
income
-
27 830
-
-
total
-
27 830
-
-
Dividends
-
98 670
-
-
income
-
21 707
-
-
total
-
21 707
-
-
Income
126 500
126 500
126 500
126 500
Total tax
107 802
49 537
13 385
39 078
After tax
18 698
76 963
113 115
87 422
Living cost
43 900
43 900
43 900
43 900
Free-cash
-25 202
33 063
69 215
43 522

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
₽40083
₽39062
₽37631
₽29653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
income
-
-
-
13 040
surtax
-
-
-
-
social contributions

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

-
-
-
43 959
total
-
-
-
56 999
Employee
46 730
-
102 221
-
social contributions
5 140
-
11 245
-
surtax
-
-
-
-
income
9 720
-
29 455
-
total
14 860
-
40 700
-
Employer
46 730
-
102 221
-
social contributions
11 098
-
24 277
-
total
11 098
-
24 277
-
Corporate
68 672
126 500
-
-
surtax
-
-
-
-
income
14 420
26 566
-
-
total
14 420
26 566
-
-
Dividends
54 251
99 934
-
-
withholding
15 190
27 981
-
-
total
15 190
27 981
-
-
Income
126 500
126 500
126 500
126 500
Total tax
55 568
54 547
64 977
56 999
After tax
70 932
71 953
61 523
69 501
Living cost
31 870
31 870
31 870
31 870
Free-cash
39 062
40 083
29 653
37 631

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
₽14684
₽21667
₽23063
₽26298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
15 569
pensions
-
-
-
27 557
other
-
-
-
3 922
health
-
-
-
3 712
surtax
-
-
-
-
social contributions
-
-
-
3 604
total
-
-
-
54 364
Employee
63 636
-
100 891
-
social contributions
1 812
-
2 875
-
surtax
-
-
-
-
income
5 552
-
16 899
-
pensions
7 198
-
5 748
-
total
14 562
-
25 522
-
Employer
63 636
-
100 891
-
other
2 196
-
3 480
-
social contributions
191
-
303
-
unemployment
2 578
-
4 086
-
pensions
10 456
-
9 903
-
health
4 454
-
7 835
-
total
19 875
-
25 607
-
Corporate
42 989
126 500
-
-
surtax
-
-
-
-
income
12 037
35 420
-
-
total
12 037
35 420
-
-
Dividends
30 951
91 080
-
-
surtax
-
-
-
-
social contributions
5 324
15 666
-
-
withholding
3 962
11 657
-
-
total
9 286
27 323
-
-
Income
126 500
126 500
126 500
126 500
Total tax
55 760
62 743
51 129
54 364
After tax
70 740
63 757
75 371
72 136
Living cost
49 073
49 073
49 073
49 073
Free-cash
21 667
14 684
26 298
23 063

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
₽83308
₽79895
₽64431
₽67794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
3 696
social contributions
-
-
-
27 831
total
-
-
-
31 527
Employee
32 665
-
109 525
-
income
-
-
4 070
-
social contributions
2 123
-
7 119
-
total
2 123
-
11 189
-
Employer
32 665
-
109 525
-
social contributions
5 063
-
16 975
-
total
5 063
-
16 975
-
Corporate
88 772
126 500
-
-
income
8 877
12 650
-
-
total
8 877
12 650
-
-
Dividends
79 895
113 850
-
-
total
-
-
-
-
Income
126 500
126 500
126 500
126 500
Total tax
16 063
12 650
28 164
31 527
After tax
110 437
113 850
98 336
94 973
Living cost
30 542
30 542
30 542
30 542
Free-cash
79 895
83 308
67 794
64 431

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
-₽94848
-₽94848
₽28053
-₽94848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
municipal
-
-
-
24 793
pensions
-
-
-
881
national
-
-
-
13 796
labour market
-
-
-
10 050
total
-
-
-
49 520
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
126 500
126 500
126 500
126 500
Total tax
172 421
172 421
172 421
49 520
After tax
-45 921
-45 921
-45 921
76 980
Living cost
48 927
48 927
48 927
48 927
Free-cash
-94 848
-94 848
-94 848
28 053

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
-₽11619
₽6892
₽64795
₽45048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
accident
-
-
-
255
income
-
-
-
32 814
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
39 840
Employee
34 396
-
110 821
-
health
3 939
-
12 689
-
income
4 719
-
23 522
-
pensions
3 873
-
7 696
-
total
12 531
-
43 907
-
Employer
34 396
-
110 821
-
accident
574
-
1 851
-
unemployment
843
-
2 715
-
pensions
5 593
-
11 114
-
total
7 010
-
15 680
-
Corporate
85 094
126 500
-
-
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.

76 585
113 850
-
-
total
76 585
113 850
-
-
Dividends
8 509
12 650
-
-
withholding
1 617
2 404
-
-
total
1 617
2 404
-
-
Income
126 500
126 500
126 500
126 500
Total tax
97 743
116 254
59 587
39 840
After tax
28 757
10 246
66 913
86 660
Living cost
21 865
21 865
21 865
21 865
Free-cash
6 892
-11 619
45 048
64 795

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
₽43199
₽43337
₽48034
₽30687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
126 500
municipal
-
-
-
22 495
health
-
-
-
1 523
national
-
-
-
15 440
total
-
-
-
39 458
Employee
53 456
-
106 419
-
health
399
-
1 215
-
municipal
8 756
-
17 357
-
pensions
3 608
-
7 184
-
unemployment
802
-
1 596
-
national
883
-
9 372
-
total
14 448
-
36 724
-
Employer
53 456
-
106 419
-
accident
54
-
106
-
unemployment
347
-
692
-
pensions
9 274
-
18 464
-
health
411
-
819
-
total
10 086
-
20 081
-
Corporate
62 958
126 500
-
-
income
12 593
25 301
-
-
total
12 593
25 301
-
-
Dividends

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

37 774
75 899
-
-
national
229
5 329
-
-
municipal
6 799
13 663
-
-
total
7 028
18 992
-
-
Income
126 500
126 500
126 500
126 500
Total tax
44 155
44 293
56 805
39 458
After tax
82 345
82 207
69 695
87 042
Living cost
39 008
39 008
39 008
39 008
Free-cash
43 337
43 199
30 687
48 034

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
₽68930
₽63400
₽65123
₽63773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
18 188
health
-
-
-
3 226
social contributions
-
-
-
16 439
total
-
-
-
37 853
Employee
78 128
78 128
115 616
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
1 965
-
income
8 507
7 232
17 608
-
total
12 066
15 044
28 319
-
Employer
78 128
78 128
115 616
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
2 138
-
total
3 611
7 930
10 884
-
Corporate
87 298
40 441
-
-
income
10 913
5 056
-
-
total
10 913
5 056
-
-
Dividends
76 385
35 386
-
-
withholding
12 986
6 016
-
-
total
12 986
6 016
-
-
Income
126 500
126 500
126 500
126 500
Total tax
39 576
34 046
39 203
37 853
After tax
86 924
92 454
87 297
88 647
Living cost
23 524
23 524
23 524
23 524
Free-cash
63 400
68 930
63 773
65 123

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
₽88622
₽83452
₽87762
₽67383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
126 500
income
-
-
-
12 437
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
22 606
Employee

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

23 322
-
116 570
-
health
1 982
-
8 195
-
income
1 595
-
9 918
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
33 056
-
Employer

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

23 322
-
116 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
100 778
126 500
-
-
income
9 070
11 386
-
-
total
9 070
11 386
-
-
Dividends
91 708
115 114
-
-
withholding
8 254
10 360
-
-
total
8 254
10 360
-
-
Income
126 500
126 500
126 500
126 500
Total tax
26 916
21 746
42 985
22 606
After tax
99 584
104 754
83 515
103 894
Living cost
16 132
16 132
16 132
16 132
Free-cash
83 452
88 622
67 383
87 762

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
₽57014
₽51905
₽42246
₽37361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
accident
-
-
-
848
income
-
-
-
28 063
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
56 314
Employee
37 569
-
96 477
-
other
37
-
94
-
income
7 243
-
25 196
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
31 177
-
Employer
37 569
-
96 477
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
76 954
126 500
-
-
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.

11 544
18 975
-
-
total
11 544
18 975
-
-
Dividends
65 410
107 525
-
-
withholding
13 505
22 571
-
-
total
13 505
22 571
-
-
Income
126 500
126 500
126 500
126 500
Total tax
46 655
41 546
61 199
56 314
After tax
79 845
84 954
65 301
70 186
Living cost
27 940
27 940
27 940
27 940
Free-cash
51 905
57 014
37 361
42 246

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
₽76155
₽75699
₽77810
₽77613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
42 409
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
45 909
Employee
4 236
-
124 218
-
health
212
-
507
-
income
820
-
42 302
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
43 823
-
Employer
4 236
-
124 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
121 310
126 500
-
-
income
26 688
27 830
-
-
total
26 688
27 830
-
-
Dividends
94 622
98 670
-
-
withholding
18 924
19 734
-
-
total
18 924
19 734
-
-
Income
126 500
126 500
126 500
126 500
Total tax
48 020
47 564
46 106
45 909
After tax
78 480
78 936
80 394
80 591
Living cost
2 781
2 781
2 781
2 781
Free-cash
75 699
76 155
77 613
77 810

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
₽73837
₽68839
₽53193
₽53194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
income
-
-
-
27 384
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
55 748
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
-
113 069
-
health
1 364
-
3 864
-
income
3 650
-
27 384
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
42 316
-
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
-
113 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
95 284
126 500
-
-
income
14 293
18 975
-
-
total
14 293
18 975
-
-
Dividends
80 991
107 525
-
-
withholding
12 149
16 129
-
-
total
12 149
16 129
-
-
Income
126 500
126 500
126 500
126 500
Total tax
40 102
35 104
55 747
55 748
After tax
86 398
91 396
70 753
70 752
Living cost
17 559
17 559
17 559
17 559
Free-cash
68 839
73 837
53 194
53 193

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
₽44561
₽44195
₽42109
₽34131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
income
-
-
-
13 040
surtax
-
-
-
-
social contributions

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

-
-
-
43 959
total
-
-
-
56 999
Employee
39 435
-
102 221
-
social contributions
4 338
-
11 245
-
surtax
-
-
-
-
income
7 705
-
29 455
-
total
12 043
-
40 700
-
Employer
39 435
-
102 221
-
social contributions
9 365
-
24 277
-
total
9 365
-
24 277
-
Corporate
77 700
126 500
-
-
surtax
-
-
-
-
income
16 318
26 566
-
-
total
16 318
26 566
-
-
Dividends
61 383
99 934
-
-
withholding
17 187
27 981
-
-
total
17 187
27 981
-
-
Income
126 500
126 500
126 500
126 500
Total tax
54 913
54 547
64 977
56 999
After tax
71 587
71 953
61 523
69 501
Living cost
27 392
27 392
27 392
27 392
Free-cash
44 195
44 561
34 131
42 109

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
₽49246
₽41720
₽34478
₽29593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
accident
-
-
-
848
income
-
-
-
28 063
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
56 314
Employee
49 070
-
96 477
-
other
48
-
94
-
income
10 249
-
25 196
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
31 177
-
Employer
49 070
-
96 477
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
61 785
126 500
-
-
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.

9 268
18 975
-
-
total
9 268
18 975
-
-
Dividends
52 517
107 525
-
-
withholding
10 797
22 571
-
-
total
10 797
22 571
-
-
Income
126 500
126 500
126 500
126 500
Total tax
49 072
41 546
61 199
56 314
After tax
77 428
84 954
65 301
70 186
Living cost
35 708
35 708
35 708
35 708
Free-cash
41 720
49 246
29 593
34 478

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
₽90678
₽84486
₽80569
₽84965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
18 975
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
-
-
-
28 452
Employee
23 145
-
119 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
11 954
-
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
-
17 093
-
Employer
23 145
-
119 537
-
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
98 814
126 500
-
-
income
9 882
12 650
-
-
total
9 882
12 650
-
-
Dividends
88 932
113 850
-
-
withholding
4 446
5 693
-
-
total
4 446
5 693
-
-
Income
126 500
126 500
126 500
126 500
Total tax
24 535
18 343
24 056
28 452
After tax
101 965
108 157
102 444
98 048
Living cost
17 479
17 479
17 479
17 479
Free-cash
84 486
90 678
84 965
80 569

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
₽25966
₽39256
₽33846
₽45220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
trade
-
-
-
11 374
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.

-
-
-
33 283
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.

-
-
-
1 830
total
-
-
-
53 428
Employee

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

50 554
-
126 500
-
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
-
1 830
-
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
-
33 283
-
total
11 327
-
42 054
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 946
126 500
-
-
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.

627
1 043
-
-
income
11 391
18 975
-
-
trade
10 898
18 153
-
-
chamber of commerce
266
339
-
-
total
23 182
38 510
-
-
Dividends
52 764
87 990
-
-
surtax

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

704
1 188
-
-
withholding
12 805
21 610
-
-
total
13 509
22 798
-
-
Income
126 500
126 500
126 500
126 500
Total tax
48 018
61 308
42 054
53 428
After tax
78 482
65 192
84 446
73 072
Living cost
39 226
39 226
39 226
39 226
Free-cash
39 256
25 966
45 220
33 846

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
₽30672
₽32914
₽23043
₽23043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
33 806
social contributions
-
-
-
11 773
total
-
-
-
45 579
Employee
79 477
-
126 500
-
income
14 997
-
33 806
-
social contributions
6 603
-
11 773
-
total
21 600
-
45 579
-
Employer
79 477
-
126 500
-
total
-
-
-
-
Corporate
47 023
126 500
-
-
income
5 879
15 813
-
-
total
5 879
15 813
-
-
Dividends
41 144
110 687
-
-
withholding
8 229
22 137
-
-
total
8 229
22 137
-
-
Income
126 500
126 500
126 500
126 500
Total tax
35 708
37 950
45 579
45 579
After tax
90 792
88 550
80 921
80 921
Living cost
57 878
57 878
57 878
57 878
Free-cash
32 914
30 672
23 043
23 043

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
₽39975
₽43526
₽53884
₽56263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
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
-
121 826
-
income
5 057
-
24 007
-
social contributions
4 670
-
4 674
-
total
9 727
-
28 681
-
Employer
46 610
-
121 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
75 220
126 500
-
-
income
26 327
44 275
-
-
total
26 327
44 275
-
-
Dividends
48 894
82 225
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
126 500
126 500
126 500
126 500
Total tax
46 092
49 643
33 355
35 734
After tax
80 408
76 857
93 145
90 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
43 526
39 975
56 263
53 884

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
₽50601
₽51015
₽49924
₽38175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
income
-
-
-
30 454
pensions
-
-
-
8 128
total
-
-
-
38 582
Employee
52 152
-
111 001
-
health
680
-
1 818
-
income
9 497
-
22 622
-
pensions
3 981
-
10 392
-
total
14 158
-
34 832
-
Employer
52 152
-
111 001
-
pensions
5 269
-
13 390
-
health
991
-
2 109
-
total
6 260
-
15 499
-
Corporate
68 087
126 500
-
-
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.

12 937
24 034
-
-
total
12 937
24 034
-
-
Dividends
55 150
102 466
-
-
withholding
4 136
13 871
-
-
total
4 136
13 871
-
-
Income
126 500
126 500
126 500
126 500
Total tax
37 491
37 905
50 331
38 582
After tax
89 009
88 595
76 169
87 918
Living cost
37 994
37 994
37 994
37 994
Free-cash
51 015
50 601
38 175
49 924

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
-₽13784
₽6561
₽62630
₽42883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
accident
-
-
-
255
income
-
-
-
32 814
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
39 840
Employee
37 800
-
110 821
-
health
4 328
-
12 689
-
income
5 186
-
23 522
-
pensions
4 256
-
7 696
-
total
13 770
-
43 907
-
Employer
37 800
-
110 821
-
accident
631
-
1 851
-
unemployment
926
-
2 715
-
pensions
6 146
-
11 114
-
total
7 703
-
15 680
-
Corporate
80 996
126 500
-
-
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.

72 897
113 850
-
-
total
72 897
113 850
-
-
Dividends
8 100
12 650
-
-
withholding
1 539
2 404
-
-
total
1 539
2 404
-
-
Income
126 500
126 500
126 500
126 500
Total tax
95 909
116 254
59 587
39 840
After tax
30 591
10 246
66 913
86 660
Living cost
24 030
24 030
24 030
24 030
Free-cash
6 561
-13 784
42 883
62 630

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
₽92755
₽88011
₽57949
₽70442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
126 500
work injury
-
-
-
632
health insurance
-
-
-
9 361
income
-
-
-
20 069
pensions
-
-
-
23 276
unemployment
-
-
-
1 518
total
-
-
-
54 856
Employee

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

21 911
-
126 500
-
work injury
110
-
405
-
income
2 191
-
20 069
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
42 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 589
126 500
-
-
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%.

1 046
1 265
-
-
total
1 046
1 265
-
-
Dividends
103 543
125 235
-
-
withholding
15 531
18 785
-
-
total
15 531
18 785
-
-
Income
126 500
126 500
126 500
126 500
Total tax
24 794
20 050
42 363
54 856
After tax
101 706
106 450
84 137
71 644
Living cost
13 695
13 695
13 695
13 695
Free-cash
88 011
92 755
70 442
57 949

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
₽26156
₽21531
₽21276
₽15489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
126 500
municipal
-
-
-
846
regional
-
-
-
2 756
national
-
-
-
28 611
social contributions
-
-
-
32 535
total
-
-
-
64 748
Employee
85 618
-
126 500
-
social contributions
28 870
-
42 656
-
regional
1 293
-
2 359
-
municipal
511
-
754
-
national
14 469
-
24 765
-
total
45 143
-
70 534
-
Employer
85 618
-
126 500
-
total
-
-
-
-
Corporate
40 882
126 500
-
-
nationa
9 812
30 360
-
-
municipal
1 971
6 097
-
-
total
11 783
36 457
-
-
Dividends
29 100
90 043
-
-
withholding
7 566
23 411
-
-
total
7 566
23 411
-
-
Income
126 500
126 500
126 500
126 500
Total tax
64 492
59 868
70 534
64 748
After tax
62 008
66 632
55 966
61 752
Living cost
40 476
40 476
40 476
40 476
Free-cash
21 531
26 156
15 489
21 276

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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