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
₽ 127500
per

Your estimated
City
free-cash

Dresden , Germany
₽33925
₽54397
₽41680
₽45049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income

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

-
-
-
33 904
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.

-
-
-
1 865
health

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

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

-
-
-
6 871
trade
-
-
-
12 717
total
-
-
-
55 357
Employee

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

38 468
-
127 500
-
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.

59
-
1 865
-
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.

1 075
-
33 904
-
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.

6 871
-
6 871
-
total
8 005
-
42 640
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 032
127 500
-
-
income
13 354
19 124
-
-
surtax

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

735
1 052
-
-
chamber of commerce
281
336
-
-
trade
14 022
20 080
-
-
total
28 392
40 592
-
-
Dividends
60 640
86 908
-
-
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.

813
1 174
-
-
withholding
14 778
21 346
-
-
total
15 591
22 520
-
-
Income
127 500
127 500
127 500
127 500
Total tax
51 988
63 112
42 640
55 357
After tax
75 512
64 388
84 860
72 143
Living cost
30 463
30 463
30 463
30 463
Free-cash
45 049
33 925
54 397
41 680

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
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.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26149
₽23856
₽22856
₽25260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
1 371
municipal
-
-
-
13 556
national
-
-
-
21 006
pensions
-
-
-
15 300
total
-
-
-
51 233
Employee
82 797
-
110 223
-
municipal
10 227
-
14 050
-
pensions
3 312
-
4 409
-
national
15 847
-
21 771
-
total
29 386
-
40 230
-
Employer
82 797
-
110 223
-
pensions
6 624
-
8 818
-
social contributions
890
-
1 185
-
total
7 514
-
10 003
-
Corporate
31 725
127 500
-
-
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%.

6 345
25 500
-
-
total
6 345
25 500
-
-
Dividends
25 380
102 000
-
-
withholding
5 584
22 440
-
-
total
5 584
22 440
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 829
47 940
50 233
51 233
After tax
78 671
79 560
77 267
76 267
Living cost
53 411
53 411
53 411
53 411
Free-cash
25 260
26 149
23 856
22 856

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81075
₽50633
₽16211
₽72827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income
-
-
-
19 317
surtax
-
-
-
32 513
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
90 365
Employee
29 388
-
102 747
-
surtax
-
-
-
-
social contributions

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

3 233
-
11 303
-
income
5 231
-
19 887
-
total
8 464
-
31 190
-
Employer
29 388
-
102 747
-
social contributions

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

7 079
-
24 753
-
surtax
-
-
-
-
total
7 079
-
24 753
-
Corporate
91 033
127 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

18 206
25 501
-
-
total
18 206
25 501
-
-
Dividends

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

72 827
101 999
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
33 749
25 501
55 943
90 365
After tax
93 751
101 999
71 557
37 135
Living cost
20 924
20 924
20 924
20 924
Free-cash
72 827
81 075
50 633
16 211

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20251
₽28433
₽31269
₽14090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
29 913
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
54 099
Employee
85 887
85 887
108 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
12 402
-
total
42 701
37 055
38 244
-
Employer
85 887
85 887
108 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
27 627
26 573
-
-
income
5 525
5 315
-
-
total
5 525
5 315
-
-
Dividends
22 102
21 258
-
-
income
4 697
4 518
-
-
withholding
3 315
3 189
-
-
total
8 012
7 707
-
-
Income
127 500
127 500
127 500
127 500
Total tax
71 278
65 117
56 935
54 099
After tax
56 222
62 383
70 565
73 401
Living cost
42 132
42 132
42 132
42 132
Free-cash
14 090
20 251
28 433
31 269

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28409
₽25589
₽26699
₽27484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
30 219
national
-
-
-
3 214
pensions
-
-
-
9 762
total
-
-
-
59 595
Employee
58 715
-
99 125
-
municipal
17 509
-
29 559
-
national
-
-
2 771
-
total
17 509
-
32 330
-
Employer
58 715
-
99 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
50 337
127 500
-
-
income
11 074
28 050
-
-
total
11 074
28 050
-
-
Dividends
39 263
99 450
-
-
withholding
11 779
29 835
-
-
total
11 779
29 835
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 810
57 885
60 705
59 595
After tax
68 690
69 615
66 795
67 905
Living cost
41 206
41 206
41 206
41 206
Free-cash
27 484
28 409
25 589
26 699

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24222
₽45350
₽32068
₽38355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income

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

-
-
-
33 904
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.

-
-
-
1 865
health

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

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

-
-
-
6 871
trade
-
-
-
13 282
total
-
-
-
55 922
Employee

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

51 004
-
127 500
-
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.

240
-
1 865
-
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.

4 382
-
33 904
-
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.

6 871
-
6 871
-
total
11 493
-
42 640
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 496
127 500
-
-
income
11 474
19 124
-
-
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.

632
1 052
-
-
chamber of commerce
261
334
-
-
trade
12 583
20 974
-
-
total
24 950
41 484
-
-
Dividends
51 545
86 017
-
-
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.

687
1 162
-
-
withholding
12 505
21 122
-
-
total
13 192
22 284
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 635
63 768
42 640
55 922
After tax
77 865
63 732
84 860
71 578
Living cost
39 510
39 510
39 510
39 510
Free-cash
38 355
24 222
45 350
32 068

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60552
₽55333
₽56686
₽56381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
18 670
social contributions
-
-
-
16 273
health
-
-
-
3 250
total
-
-
-
38 193
Employee
77 337
77 337
116 684
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
18 090
-
health
769
1 315
1 983
-
total
12 648
14 893
28 730
-
Employer
77 337
77 337
116 684
-
health
838
1 431
2 159
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
10 816
-
Corporate
77 634
42 313
-
-
income
9 705
5 289
-
-
total
9 705
5 289
-
-
Dividends
67 929
37 024
-
-
withholding
11 549
6 295
-
-
total
11 549
6 295
-
-
Income
127 500
127 500
127 500
127 500
Total tax
38 498
34 327
39 546
38 193
After tax
89 002
93 173
87 954
89 307
Living cost
32 621
32 621
32 621
32 621
Free-cash
56 381
60 552
55 333
56 686

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53276
₽55459
₽69870
₽53659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
15 587
unemployment
-
-
-
1 913
health
-
-
-
8 925
pensions
-
-
-
12 750
total
-
-
-
39 175
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.

26 641
10 603
106 695
-
unemployment
400
159
1 600
-
pensions
2 664
1 060
10 669
-
income
3 257
1 296
13 043
-
health
1 865
742
7 469
-
total
8 186
3 257
32 781
-
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.

26 641
10 603
106 695
-
pensions
5 195
2 068
20 805
-
total
5 195
2 068
20 805
-
Corporate
95 664
114 830
-
-
income
8 610
10 335
-
-
total
8 610
10 335
-
-
Dividends
87 055
104 495
-
-
social contributions
16 855
20 255
-
-
withholding
16 540
19 854
-
-
total
33 395
40 109
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 386
55 769
53 586
39 175
After tax
72 114
71 731
73 914
88 325
Living cost
18 455
18 455
18 455
18 455
Free-cash
53 659
53 276
55 459
69 870

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77706
₽49195
₽44048
₽71460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
17 086
health
-
-
-
16 574
pensions
-
-
-
25 499
total
-
-
-
59 159
Employee
28 531
-
95 292
-
unemployment
456
-
1 525
-
pensions
571
-
1 907
-
income
3 212
-
18 372
-
total
4 239
-
21 804
-
Employer
28 531
-
95 292
-
health
3 708
-
12 389
-
pensions
5 707
-
19 057
-
unemployment
229
-
762
-
total
9 644
-
32 208
-
Corporate
89 324
127 500
-
-
income
17 864
25 501
-
-
total
17 864
25 501
-
-
Dividends
71 460
101 999
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
31 747
25 501
54 012
59 159
After tax
95 753
101 999
73 488
68 341
Living cost
24 292
24 292
24 292
24 292
Free-cash
71 460
77 706
49 195
44 048

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
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.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12072
₽45033
₽64947
₽6891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
257
income
-
-
-
33 062
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
40 153
Employee
35 237
-
111 681
-
pensions
3 968
-
7 768
-
income
4 834
-
23 692
-
health
4 035
-
12 788
-
total
12 837
-
44 248
-
Employer
35 237
-
111 681
-
pensions
5 730
-
11 218
-
accident
588
-
1 865
-
unemployment
863
-
2 736
-
total
7 181
-
15 819
-
Corporate
85 082
127 500
-
-
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.

76 574
114 750
-
-
total
76 574
114 750
-
-
Dividends
8 508
12 750
-
-
withholding
1 617
2 422
-
-
total
1 617
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
98 209
117 172
60 067
40 153
After tax
29 291
10 328
67 433
87 347
Living cost
22 400
22 400
22 400
22 400
Free-cash
6 891
-12 072
45 033
64 947

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112985
₽93860
₽118085
₽111459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
127 500
microenterprise

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

-
-
-
1 275
total
-
-
-
1 275
Employee
10 174
-
127 500
-
income
2 035
-
25 500
-
total
2 035
-
25 500
-
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%.

117 326
127 500
-
-
total
-
-
-
-
Dividends
117 326
127 500
-
-
withholding
5 866
6 375
-
-
total
5 866
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
7 901
6 375
25 500
1 275
After tax
119 599
121 125
102 000
126 225
Living cost
8 140
8 140
8 140
8 140
Free-cash
111 459
112 985
93 860
118 085

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66875
₽46655
₽41382
₽60081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
17 053
other
-
-
-
6 056
health
-
-
-
5 609
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.

-
-
-
30 601
total
-
-
-
59 319
Employee
36 518
-
101 837
-
unemployment
365
-
1 019
-
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.

2 556
-
7 129
-
income
6 287
-
18 809
-
health
512
-
1 426
-
total
9 720
-
28 383
-
Employer
36 518
-
101 837
-
health
512
-
1 426
-
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.

6 209
-
17 313
-
accident
292
-
815
-
unemployment
365
-
1 019
-
other
1 827
-
5 090
-
total
9 205
-
25 663
-
Corporate
81 779
127 500
-
-
income
17 174
26 776
-
-
total
17 174
26 776
-
-
Dividends
64 606
100 724
-
-
withholding
4 521
7 050
-
-
total
4 521
7 050
-
-
Income
127 500
127 500
127 500
127 500
Total tax
40 620
33 826
54 046
59 319
After tax
86 880
93 674
73 454
68 181
Living cost
26 799
26 799
26 799
26 799
Free-cash
60 081
66 875
46 655
41 382

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21840
₽9530
₽21338
₽14938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
31 279
pensions
-
-
-
8 024
total
-
-
-
39 303
Employee
94 595
-
111 829
-
pensions
9 126
-
10 223
-
income
17 052
-
23 406
-
health
1 559
-
1 810
-
total
27 737
-
35 439
-
Employer
94 595
-
111 829
-
health
1 797
-
2 125
-
pensions
11 169
-
13 547
-
total
12 966
-
15 672
-
Corporate
19 939
127 500
-
-
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.

3 789
24 225
-
-
total
3 789
24 225
-
-
Dividends
16 150
103 275
-
-
withholding
1 211
14 576
-
-
total
1 211
14 576
-
-
Income
127 500
127 500
127 500
127 500
Total tax
45 703
38 801
51 111
39 303
After tax
81 797
88 699
76 389
88 197
Living cost
66 859
66 859
66 859
66 859
Free-cash
14 938
21 840
9 530
21 338

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95808
₽90239
₽85777
₽91129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
19 125
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
28 518
Employee
17 485
-
120 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
12 060
-
health
804
-
1 618
-
total
4 280
-
17 154
-
Employer
17 485
-
120 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
106 584
127 500
-
-
income
10 658
12 750
-
-
total
10 658
12 750
-
-
Dividends
95 926
114 750
-
-
withholding
4 796
5 737
-
-
total
4 796
5 737
-
-
Income
127 500
127 500
127 500
127 500
Total tax
23 166
18 487
24 056
28 518
After tax
104 334
109 013
103 444
98 982
Living cost
13 205
13 205
13 205
13 205
Free-cash
91 129
95 808
90 239
85 777

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6613
₽14795
₽17631
₽9144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
29 913
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
54 099
Employee
93 245
85 887
108 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
12 402
-
total
37 475
37 055
38 244
-
Employer
93 245
85 887
108 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
17 928
26 573
-
-
income
3 586
5 315
-
-
total
3 586
5 315
-
-
Dividends
14 342
21 258
-
-
income
3 048
4 518
-
-
withholding
2 151
3 189
-
-
total
5 199
7 707
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 586
65 117
56 935
54 099
After tax
64 914
62 383
70 565
73 401
Living cost
55 770
55 770
55 770
55 770
Free-cash
9 144
6 613
14 795
17 631

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62791
₽39709
₽38182
₽53874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
11 149
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
17 212
total
-
-
-
64 325
Employee
36 754
-
95 149
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
6 185
-
income
4 411
-
11 418
-
health
4 962
-
12 845
-
total
11 762
-
30 448
-
Employer
36 754
-
95 149
-
health
3 308
-
8 563
-
social contributions
9 189
-
23 787
-
total
12 497
-
32 350
-
Corporate
78 249
127 500
-
-
income
14 867
24 225
-
-
total
14 867
24 225
-
-
Dividends
63 382
103 275
-
-
withholding
9 507
15 491
-
-
total
9 507
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 633
39 716
62 798
64 325
After tax
78 867
87 784
64 702
63 175
Living cost
24 993
24 993
24 993
24 993
Free-cash
53 874
62 791
39 709
38 182

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25587
₽15025
₽21091
₽20335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
32 793
regional
-
-
-
1 454
municipal
-
-
-
758
national
-
-
-
28 965
total
-
-
-
63 970
Employee
89 385
-
127 500
-
municipal
473
-
676
-
national
15 488
-
25 088
-
regional
843
-
1 279
-
social contributions
30 141
-
42 993
-
total
46 945
-
70 036
-
Employer
89 385
-
127 500
-
total
-
-
-
-
Corporate
38 115
127 500
-
-
municipal
1 487
4 972
-
-
nationa
9 148
30 601
-
-
total
10 635
35 573
-
-
Dividends
27 481
91 928
-
-
withholding
7 146
23 901
-
-
total
7 146
23 901
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 726
59 474
70 036
63 970
After tax
62 774
68 026
57 464
63 530
Living cost
42 439
42 439
42 439
42 439
Free-cash
20 335
25 587
15 025
21 091

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58005
₽37061
₽39167
₽54873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
27 600
other
-
-
-
-
surtax
-
-
-
3 758
unemployment
-
-
-
229
health
-
-
-
9 052
pensions
-
-
-
25 501
total
-
-
-
66 140
Employee
33 259
-
105 330
-
other
-
-
-
-
unemployment
2 315
-
7 331
-
pensions
2 218
-
7 026
-
surtax
109
-
3 426
-
income
5 575
-
25 606
-
health
849
-
2 687
-
total
11 066
-
46 076
-
Employer
33 259
-
105 330
-
health
1 514
-
4 792
-
pensions
4 434
-
14 040
-
unemployment
1 054
-
3 338
-
other
-
-
-
-
total
7 002
-
22 170
-
Corporate
87 240
127 500
-
-
income
22 682
33 150
-
-
total
22 682
33 150
-
-
Dividends
64 558
94 350
-
-
withholding
9 684
14 152
-
-
total
9 684
14 152
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 434
47 302
68 246
66 140
After tax
77 066
80 198
59 254
61 360
Living cost
22 193
22 193
22 193
22 193
Free-cash
54 873
58 005
37 061
39 167

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43023
₽30713
₽42521
₽41987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
31 279
pensions
-
-
-
8 024
total
-
-
-
39 303
Employee
63 395
-
111 829
-
pensions
5 381
-
10 223
-
income
11 418
-
23 406
-
health
920
-
1 810
-
total
17 719
-
35 439
-
Employer
63 395
-
111 829
-
health
1 204
-
2 125
-
pensions
6 863
-
13 547
-
total
8 067
-
15 672
-
Corporate
56 038
127 500
-
-
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.

10 647
24 225
-
-
total
10 647
24 225
-
-
Dividends
45 391
103 275
-
-
withholding
3 404
14 576
-
-
total
3 404
14 576
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 837
38 801
51 111
39 303
After tax
87 663
88 699
76 389
88 197
Living cost
45 676
45 676
45 676
45 676
Free-cash
41 987
43 023
30 713
42 521

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21442
₽19319
₽25640
₽12679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
other

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

-
-
-
2 550
regional
-
-
-
5 012
health
-
-
-
287
city
-
-
-
1 344
national
-
-
-
1 190
pensions
-
-
-
11 732
total
-
-
-
22 115
Employee
93 322
-
114 121
-
unemployment
-
-
-
-
pensions
7 840
-
9 585
-
national
442
-
928
-
regional
3 056
-
4 317
-
city
1 002
-
1 227
-
health
211
-
256
-
total
12 551
-
16 313
-
Employer
93 322
-
114 121
-
health
211
-
256
-
pensions
7 840
-
9 585
-
unemployment
-
-
-
-
other

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

1 866
-
2 282
-
total
9 917
-
12 123
-
Corporate
23 235
127 500
-
-
regional
4 914
26 966
-
-
national
1 974
10 837
-
-
total
6 888
37 803
-
-
Dividends
16 347
89 697
-
-
withholding
5 720
31 394
-
-
total
5 720
31 394
-
-
Income
127 500
127 500
127 500
127 500
Total tax
35 076
69 197
28 436
22 115
After tax
92 424
58 303
99 064
105 385
Living cost
79 745
79 745
79 745
79 745
Free-cash
12 679
-21 442
19 319
25 640

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17003
₽38786
₽24939
₽33313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income

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

-
-
-
33 904
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.

-
-
-
1 865
health

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

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

-
-
-
6 871
trade
-
-
-
13 847
total
-
-
-
56 487
Employee

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

60 444
-
127 500
-
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.

391
-
1 865
-
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.

7 108
-
33 904
-
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.

6 871
-
6 871
-
total
14 370
-
42 640
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 056
127 500
-
-
income
10 058
19 124
-
-
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.

553
1 052
-
-
chamber of commerce
246
332
-
-
trade
11 499
21 867
-
-
total
22 356
42 375
-
-
Dividends
44 699
85 125
-
-
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.

594
1 149
-
-
withholding
10 793
20 899
-
-
total
11 387
22 048
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 113
64 423
42 640
56 487
After tax
79 387
63 077
84 860
71 013
Living cost
46 074
46 074
46 074
46 074
Free-cash
33 313
17 003
38 786
24 939

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29851
₽41205
₽38245
₽35789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
15 951
other
-
-
-
3 953
surtax
-
-
-
-
social contributions
-
-
-
3 632
health
-
-
-
3 842
pensions
-
-
-
27 467
total
-
-
-
54 845
Employee
43 044
-
101 530
-
pensions
4 867
-
5 859
-
surtax
-
-
-
-
social contributions
1 227
-
2 892
-
income
2 540
-
17 165
-
total
8 634
-
25 916
-
Employer
43 044
-
101 530
-
health
3 014
-
7 973
-
pensions
7 071
-
10 078
-
unemployment
1 743
-
4 111
-
social contributions
130
-
305
-
other
1 485
-
3 502
-
total
13 443
-
25 969
-
Corporate
71 013
127 500
-
-
income
19 884
35 700
-
-
surtax
-
-
-
-
total
19 884
35 700
-
-
Dividends
51 130
91 800
-
-
surtax
-
-
-
-
social contributions
8 795
15 788
-
-
withholding
6 545
11 751
-
-
total
15 340
27 539
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 301
63 239
51 885
54 845
After tax
70 199
64 261
75 615
72 655
Living cost
34 410
34 410
34 410
34 410
Free-cash
35 789
29 851
41 205
38 245

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33260
₽44614
₽41654
₽38845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
15 951
other
-
-
-
3 953
surtax
-
-
-
-
social contributions
-
-
-
3 632
health
-
-
-
3 842
pensions
-
-
-
27 467
total
-
-
-
54 845
Employee
38 423
-
101 530
-
pensions
4 346
-
5 859
-
surtax
-
-
-
-
social contributions
1 096
-
2 892
-
income
1 981
-
17 165
-
total
7 423
-
25 916
-
Employer
38 423
-
101 530
-
health
2 689
-
7 973
-
pensions
6 314
-
10 078
-
unemployment
1 556
-
4 111
-
social contributions
115
-
305
-
other
1 326
-
3 502
-
total
12 000
-
25 969
-
Corporate
77 077
127 500
-
-
income
21 582
35 700
-
-
surtax
-
-
-
-
total
21 582
35 700
-
-
Dividends
55 495
91 800
-
-
surtax
-
-
-
-
social contributions
9 545
15 788
-
-
withholding
7 104
11 751
-
-
total
16 649
27 539
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 654
63 239
51 885
54 845
After tax
69 846
64 261
75 615
72 655
Living cost
31 001
31 001
31 001
31 001
Free-cash
38 845
33 260
44 614
41 654

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
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.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56460
₽59382
₽60554
₽56982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
19 124
social contributions
-
-
-
17 595
health
-
-
-
8 900
total
-
-
-
45 619
Employee
34 101
-
127 500
-
social contributions
4 707
-
17 595
-
income
5 688
-
20 296
-
health
2 380
-
8 900
-
total
12 775
-
46 791
-
Employer
34 101
-
127 500
-
total
-
-
-
-
Corporate
93 399
127 500
-
-
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%.

4 670
6 375
-
-
total
4 670
6 375
-
-
Dividends
88 729
121 125
-
-
social contributions
12 244
16 715
-
-
withholding
13 309
18 168
-
-
health
6 193
8 455
-
-
total
31 746
43 338
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 191
49 713
46 791
45 619
After tax
78 309
77 787
80 709
81 881
Living cost
21 327
21 327
21 327
21 327
Free-cash
56 982
56 460
59 382
60 554

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35583
-₽221
₽28428
₽34024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
26 031
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
510
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
63 633
Employee
50 263
40 080
98 852
-
other
502
401
989
-
unemployment
1 508
1 202
2 966
-
pensions
5 147
4 103
10 123
-
income
5 722
2 956
21 974
-
health
1 945
1 552
3 825
-
total
14 824
10 214
39 877
-
Employer
50 263
40 080
98 852
-
chamber of commerce
200
160
395
-
health
1 899
1 515
3 737
-
pensions
6 308
5 031
12 406
-
accident
653
521
1 284
-
unemployment
1 508
1 202
2 966
-
surtax
198
198
198
-
payroll
1 508
1 202
2 966
-
other
2 388
1 903
4 695
-
total
14 662
11 732
28 647
-
Corporate
62 575
75 685
95 035
-
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.

15 645
18 922
23 758
-
total
15 645
18 922
23 758
-
Dividends
46 931
56 764
-
-
withholding
12 906
15 610
-
-
total
12 906
15 610
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 037
56 478
92 282
63 633
After tax
69 463
71 022
35 218
63 867
Living cost
35 439
35 439
35 439
35 439
Free-cash
34 024
35 583
-221
28 428

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34737
₽10988
₽20403
₽19653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
communal

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

-
-
-
6 434
social contributions
-
-
-
20 262
national
-
-
-
43 730
total
-
-
-
70 426
Employee

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

71 942
-
98 755
-
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.

626
-
859
-
communal

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

3 752
-
5 151
-
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.

5 396
-
7 407
-
national
22 118
-
33 036
-
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.

3 380
-
4 642
-
total
35 272
-
51 095
-
Employer

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

71 942
-
98 755
-
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.

4 424
-
6 073
-
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.

6 375
-
8 749
-
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.

935
-
1 283
-
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.

1 050
-
1 441
-
surtax
8 157
-
11 200
-
total
20 941
-
28 746
-
Corporate
34 617
127 500
-
-
income
6 924
25 501
-
-
surtax
139
510
-
-
total
7 063
26 011
-
-
Dividends
27 553
101 490
-
-
withholding

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

7 900
30 081
-
-
total
7 900
30 081
-
-
Income
127 500
127 500
127 500
127 500
Total tax
71 176
56 092
79 841
70 426
After tax
56 324
71 408
47 659
57 074
Living cost
36 671
36 671
36 671
36 671
Free-cash
19 653
34 737
10 988
20 403

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49265
₽29755
₽34586
₽41510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
840
income
-
-
-
28 624
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
56 592
Employee
50 064
-
97 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
25 784
-
total
13 743
-
31 705
-
Employer
50 064
-
97 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
61 479
127 500
-
-
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.

9 222
19 124
-
-
total
9 222
19 124
-
-
Dividends
52 256
108 376
-
-
withholding
10 745
22 789
-
-
total
10 745
22 789
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 668
41 913
61 423
56 592
After tax
77 832
85 587
66 077
70 908
Living cost
36 322
36 322
36 322
36 322
Free-cash
41 510
49 265
29 755
34 586

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22230
₽19023
₽13941
₽12374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
communal
-
-
-
8 058
accident
-
-
-
1 075
income
-
-
-
15 379
surtax
-
-
-
6 321
health
-
-
-
8 959
pensions
-
-
-
19 111
total
-
-
-
58 903
Employee
76 164
-
113 890
-
pensions
6 092
-
9 112
-
surtax
4 668
-
6 980
-
income
7 357
-
19 051
-
health
3 390
-
5 067
-
total
21 507
-
40 210
-
Employer
76 164
-
113 890
-
health
2 323
-
3 474
-
pensions
6 092
-
9 112
-
accident
685
-
1 025
-
total
9 100
-
13 611
-
Corporate
42 235
127 500
-
-
communal
2 851
8 606
-
-
income
6 335
19 124
-
-
surtax
443
1 338
-
-
total
9 629
29 068
-
-
Dividends
32 607
98 432
-
-
income
15 342
6 781
-
-
withholding
4 892
14 765
-
-
total
20 234
21 546
-
-
Income
127 500
127 500
127 500
127 500
Total tax
60 470
50 614
53 821
58 903
After tax
67 030
76 886
73 679
68 597
Living cost
54 656
54 656
54 656
54 656
Free-cash
12 374
22 230
19 023
13 941

Estimated living cost  is ₽54656 per week

₽41000
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.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57608
₽36664
₽38770
₽54408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
27 600
other
-
-
-
-
surtax
-
-
-
3 758
unemployment
-
-
-
229
health
-
-
-
9 052
pensions
-
-
-
25 501
total
-
-
-
66 140
Employee
33 870
-
105 330
-
other
-
-
-
-
unemployment
2 357
-
7 331
-
pensions
2 260
-
7 026
-
surtax
120
-
3 426
-
income
5 678
-
25 606
-
health
865
-
2 687
-
total
11 280
-
46 076
-
Employer
33 870
-
105 330
-
health
1 540
-
4 792
-
pensions
4 516
-
14 040
-
unemployment
1 075
-
3 338
-
other
-
-
-
-
total
7 131
-
22 170
-
Corporate
86 499
127 500
-
-
income
22 489
33 150
-
-
total
22 489
33 150
-
-
Dividends
64 010
94 350
-
-
withholding
9 602
14 152
-
-
total
9 602
14 152
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 502
47 302
68 246
66 140
After tax
76 998
80 198
59 254
61 360
Living cost
22 590
22 590
22 590
22 590
Free-cash
54 408
57 608
36 664
38 770

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39923
₽29935
₽35968
₽37691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
32 793
regional
-
-
-
1 923
municipal
-
-
-
758
national
-
-
-
28 965
total
-
-
-
64 439
Employee
55 790
-
127 500
-
municipal
296
-
676
-
national
8 839
-
25 088
-
regional
751
-
1 715
-
social contributions
18 813
-
42 993
-
total
28 699
-
70 472
-
Employer
55 790
-
127 500
-
total
-
-
-
-
Corporate
71 710
127 500
-
-
municipal
3 563
6 337
-
-
nationa
17 210
30 601
-
-
total
20 773
36 938
-
-
Dividends
50 937
90 563
-
-
withholding
13 244
23 546
-
-
total
13 244
23 546
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 716
60 484
70 472
64 439
After tax
64 784
67 016
57 028
63 061
Living cost
27 093
27 093
27 093
27 093
Free-cash
37 691
39 923
29 935
35 968

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56986
₽33904
₽32377
₽45999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
11 149
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
17 212
total
-
-
-
64 325
Employee
45 291
-
95 149
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
6 185
-
income
5 435
-
11 418
-
health
6 114
-
12 845
-
total
14 493
-
30 448
-
Employer
45 291
-
95 149
-
health
4 076
-
8 563
-
social contributions
11 323
-
23 787
-
total
15 399
-
32 350
-
Corporate
66 810
127 500
-
-
income
12 694
24 225
-
-
total
12 694
24 225
-
-
Dividends
54 116
103 275
-
-
withholding
8 117
15 491
-
-
total
8 117
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 703
39 716
62 798
64 325
After tax
76 797
87 784
64 702
63 175
Living cost
30 798
30 798
30 798
30 798
Free-cash
45 999
56 986
33 904
32 377

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39044
₽3165
₽31978
₽38542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
26 031
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
510
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
63 435
Employee
43 964
40 080
99 007
-
other
439
401
991
-
unemployment
1 319
1 202
2 970
-
pensions
4 502
4 103
10 138
-
income
3 916
2 956
22 027
-
health
1 701
1 552
3 832
-
total
11 877
10 214
39 958
-
Employer
43 964
40 080
99 007
-
chamber of commerce
176
160
395
-
health
1 662
1 515
3 743
-
pensions
5 518
5 031
12 425
-
accident
571
521
1 286
-
unemployment
1 319
1 202
2 970
-
surtax
-
-
-
-
payroll
1 319
1 202
2 970
-
other
2 088
1 903
4 703
-
total
12 653
11 534
28 492
-
Corporate
70 884
75 884
95 191
-
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.

17 721
18 971
23 798
-
total
17 721
18 971
23 798
-
Dividends
53 162
56 913
-
-
withholding
14 620
15 650
-
-
total
14 620
15 650
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 871
56 369
92 248
63 435
After tax
70 629
71 131
35 252
64 065
Living cost
32 087
32 087
32 087
32 087
Free-cash
38 542
39 044
3 165
31 978

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108441
₽89316
₽113541
₽106063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
127 500
microenterprise

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

-
-
-
1 275
total
-
-
-
1 275
Employee
15 855
-
127 500
-
income
3 171
-
25 500
-
total
3 171
-
25 500
-
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%.

111 645
127 500
-
-
total
-
-
-
-
Dividends
111 645
127 500
-
-
withholding
5 582
6 375
-
-
total
5 582
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
8 753
6 375
25 500
1 275
After tax
118 747
121 125
102 000
126 225
Living cost
12 684
12 684
12 684
12 684
Free-cash
106 063
108 441
89 316
113 541

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60806
₽34155
₽37810
₽52393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income
-
-
-
26 693
unemployment
-
-
-
191
health
-
-
-
12 545
pensions
-
-
-
23 285
total
-
-
-
62 714
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.

44 474
-
110 321
-
unemployment
63
-
155
-
pensions
6 894
-
17 099
-
income
7 670
-
24 811
-
health
2 872
-
7 127
-
total
17 499
-
49 192
-
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.

44 474
-
110 321
-
health
2 962
-
7 348
-
pensions
3 936
-
9 762
-
unemployment
27
-
67
-
total
6 925
-
17 177
-
Corporate
76 101
127 500
-
-
income
14 460
24 226
-
-
total
14 460
24 226
-
-
Dividends
61 642
103 274
-
-
withholding
9 247
15 492
-
-
total
9 247
15 492
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 131
39 718
66 369
62 714
After tax
79 369
87 782
61 131
64 786
Living cost
26 976
26 976
26 976
26 976
Free-cash
52 393
60 806
34 155
37 810

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33568
₽70081
₽44110
-₽24557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
24 852
social contributions
-
-
-
14 535
total
-
-
-
39 387
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
127 500
-
-
income
-
28 050
-
-
total
-
28 050
-
-
Dividends
-
99 450
-
-
income
-
21 879
-
-
total
-
21 879
-
-
Income
127 500
127 500
127 500
127 500
Total tax
108 054
49 929
13 416
39 387
After tax
19 446
77 571
114 084
88 113
Living cost
44 003
44 003
44 003
44 003
Free-cash
-24 557
33 568
70 081
44 110

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40974
₽30255
₽38400
₽39962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income
-
-
-
13 247
surtax
-
-
-
-
social contributions

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

-
-
-
44 306
total
-
-
-
57 553
Employee
46 257
-
103 030
-
surtax
-
-
-
-
social contributions
5 088
-
11 333
-
income
9 622
-
29 895
-
total
14 710
-
41 228
-
Employer
46 257
-
103 030
-
social contributions
10 986
-
24 470
-
total
10 986
-
24 470
-
Corporate
70 258
127 500
-
-
income
14 753
26 776
-
-
surtax
-
-
-
-
total
14 753
26 776
-
-
Dividends
55 504
100 724
-
-
withholding
15 542
28 203
-
-
total
15 542
28 203
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 991
54 979
65 698
57 553
After tax
71 509
72 521
61 802
69 947
Living cost
31 547
31 547
31 547
31 547
Free-cash
39 962
40 974
30 255
38 400

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15685
₽27039
₽24079
₽22596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
15 951
other
-
-
-
3 953
surtax
-
-
-
-
social contributions
-
-
-
3 632
health
-
-
-
3 842
pensions
-
-
-
27 467
total
-
-
-
54 845
Employee
62 992
-
101 530
-
pensions
7 125
-
5 859
-
surtax
-
-
-
-
social contributions
1 794
-
2 892
-
income
5 496
-
17 165
-
total
14 415
-
25 916
-
Employer
62 992
-
101 530
-
health
4 409
-
7 973
-
pensions
10 350
-
10 078
-
unemployment
2 552
-
4 111
-
social contributions
189
-
305
-
other
2 174
-
3 502
-
total
19 674
-
25 969
-
Corporate
44 834
127 500
-
-
income
12 553
35 700
-
-
surtax
-
-
-
-
total
12 553
35 700
-
-
Dividends
32 281
91 800
-
-
surtax
-
-
-
-
social contributions
5 554
15 788
-
-
withholding
4 132
11 751
-
-
total
9 686
27 539
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 328
63 239
51 885
54 845
After tax
71 172
64 261
75 615
72 655
Living cost
48 576
48 576
48 576
48 576
Free-cash
22 596
15 685
27 039
24 079

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84519
₽68769
₽65381
₽81139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
3 838
social contributions
-
-
-
28 049
total
-
-
-
31 887
Employee
32 334
-
110 389
-
income
-
-
4 214
-
social contributions
2 101
-
7 174
-
total
2 101
-
11 388
-
Employer
32 334
-
110 389
-
social contributions
5 012
-
17 111
-
total
5 012
-
17 111
-
Corporate
90 154
127 500
-
-
income
9 016
12 749
-
-
total
9 016
12 749
-
-
Dividends
81 138
114 751
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
16 129
12 749
28 499
31 887
After tax
111 371
114 751
99 001
95 613
Living cost
30 232
30 232
30 232
30 232
Free-cash
81 139
84 519
68 769
65 381

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
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.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽91526
-₽91526
₽29065
-₽91526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
labour market
-
-
-
10 130
municipal
-
-
-
25 087
national
-
-
-
13 933
pensions
-
-
-
871
total
-
-
-
50 021
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
170 612
170 612
170 612
50 021
After tax
-43 112
-43 112
-43 112
77 479
Living cost
48 414
48 414
48 414
48 414
Free-cash
-91 526
-91 526
-91 526
29 065

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11742
₽45363
₽65277
₽6942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
257
income
-
-
-
33 062
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
40 153
Employee
34 717
-
111 681
-
pensions
3 909
-
7 768
-
income
4 763
-
23 692
-
health
3 975
-
12 788
-
total
12 647
-
44 248
-
Employer
34 717
-
111 681
-
pensions
5 645
-
11 218
-
accident
580
-
1 865
-
unemployment
851
-
2 736
-
total
7 076
-
15 819
-
Corporate
85 707
127 500
-
-
income

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

77 137
114 750
-
-
total
77 137
114 750
-
-
Dividends
8 571
12 750
-
-
withholding
1 628
2 422
-
-
total
1 628
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
98 488
117 172
60 067
40 153
After tax
29 012
10 328
67 433
87 347
Living cost
22 070
22 070
22 070
22 070
Free-cash
6 942
-11 742
45 363
65 277

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44103
₽31429
₽48910
₽44396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
127 500
health
-
-
-
1 544
municipal
-
-
-
22 672
national
-
-
-
15 761
total
-
-
-
39 977
Employee
52 914
-
107 259
-
municipal
8 667
-
17 492
-
unemployment
794
-
1 609
-
pensions
3 571
-
7 239
-
national
874
-
9 646
-
health
395
-
1 233
-
total
14 301
-
37 219
-
Employer
52 914
-
107 259
-
health
407
-
826
-
pensions
9 180
-
18 609
-
accident
53
-
107
-
unemployment
344
-
697
-
total
9 984
-
20 239
-
Corporate
64 602
127 500
-
-
income
12 921
25 501
-
-
total
12 921
25 501
-
-
Dividends

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

38 760
76 499
-
-
municipal
6 976
13 771
-
-
national
309
5 512
-
-
total
7 285
19 283
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 491
44 784
57 458
39 977
After tax
83 009
82 716
70 042
87 523
Living cost
38 613
38 613
38 613
38 613
Free-cash
44 396
44 103
31 429
48 910

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69887
₽64668
₽66021
₽64414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
18 670
social contributions
-
-
-
16 273
health
-
-
-
3 250
total
-
-
-
38 193
Employee
77 337
77 337
116 684
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
18 090
-
health
599
1 315
1 983
-
total
11 944
14 893
28 730
-
Employer
77 337
77 337
116 684
-
health
651
1 431
2 159
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
10 816
-
Corporate
88 695
42 313
-
-
income
11 087
5 289
-
-
total
11 087
5 289
-
-
Dividends
77 608
37 024
-
-
withholding
13 194
6 295
-
-
total
13 194
6 295
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 800
34 327
39 546
38 193
After tax
87 700
93 173
87 954
89 307
Living cost
23 286
23 286
23 286
23 286
Free-cash
64 414
69 887
64 668
66 021

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽89616
₽68730
₽88902
₽84497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
127 500
income
-
-
-
12 563
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
22 630
Employee

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

23 085
-
117 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
10 070
-
health
1 962
-
8 112
-
total
7 117
-
32 973
-
Employer

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

23 085
-
117 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
102 038
127 500
-
-
income
9 184
11 474
-
-
total
9 184
11 474
-
-
Dividends
92 854
116 026
-
-
withholding
8 358
10 442
-
-
total
8 358
10 442
-
-
Income
127 500
127 500
127 500
127 500
Total tax
27 035
21 916
42 802
22 630
After tax
100 465
105 584
84 698
104 870
Living cost
15 968
15 968
15 968
15 968
Free-cash
84 497
89 616
68 730
88 902

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57930
₽38420
₽43251
₽52914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
840
income
-
-
-
28 624
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
56 592
Employee
37 188
-
97 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
25 784
-
total
9 530
-
31 705
-
Employer
37 188
-
97 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
78 455
127 500
-
-
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.

11 768
19 124
-
-
total
11 768
19 124
-
-
Dividends
66 687
108 376
-
-
withholding
13 774
22 789
-
-
total
13 774
22 789
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 929
41 913
61 423
56 592
After tax
80 571
85 587
66 077
70 908
Living cost
27 657
27 657
27 657
27 657
Free-cash
52 914
57 930
38 420
43 251

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77601
₽79626
₽79765
₽77280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
43 311
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
45 776
Employee
2 983
-
125 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
43 236
-
health
149
-
357
-
total
1 024
-
44 307
-
Employer
2 983
-
125 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
123 846
127 500
-
-
income
27 246
28 050
-
-
total
27 246
28 050
-
-
Dividends
96 600
99 450
-
-
withholding
19 320
19 890
-
-
total
19 320
19 890
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 261
47 940
45 915
45 776
After tax
79 239
79 560
81 585
81 724
Living cost
1 959
1 959
1 959
1 959
Free-cash
77 280
77 601
79 626
79 765

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74726
₽54338
₽54337
₽69776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income
-
-
-
27 674
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
55 770
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.

26 227
-
114 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
27 674
-
health
1 351
-
3 828
-
total
8 835
-
42 465
-
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.

26 227
-
114 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
96 578
127 500
-
-
income
14 487
19 125
-
-
total
14 487
19 125
-
-
Dividends
82 091
108 375
-
-
withholding
12 314
16 256
-
-
total
12 314
16 256
-
-
Income
127 500
127 500
127 500
127 500
Total tax
40 331
35 381
55 769
55 770
After tax
87 169
92 119
71 731
71 730
Living cost
17 393
17 393
17 393
17 393
Free-cash
69 776
74 726
54 338
54 337

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽45407
₽34688
₽42833
₽45047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income
-
-
-
13 247
surtax
-
-
-
-
social contributions

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

-
-
-
44 306
total
-
-
-
57 553
Employee
39 035
-
103 030
-
surtax
-
-
-
-
social contributions
4 294
-
11 333
-
income
7 627
-
29 895
-
total
11 921
-
41 228
-
Employer
39 035
-
103 030
-
social contributions
9 270
-
24 470
-
total
9 270
-
24 470
-
Corporate
79 195
127 500
-
-
income
16 631
26 776
-
-
surtax
-
-
-
-
total
16 631
26 776
-
-
Dividends
62 563
100 724
-
-
withholding
17 517
28 203
-
-
total
17 517
28 203
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 339
54 979
65 698
57 553
After tax
72 161
72 521
61 802
69 947
Living cost
27 114
27 114
27 114
27 114
Free-cash
45 047
45 407
34 688
42 833

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50241
₽30731
₽35562
₽42829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
840
income
-
-
-
28 624
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
56 592
Employee
48 573
-
97 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
25 784
-
total
13 228
-
31 705
-
Employer
48 573
-
97 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
63 441
127 500
-
-
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.

9 516
19 124
-
-
total
9 516
19 124
-
-
Dividends
53 924
108 376
-
-
withholding
11 095
22 789
-
-
total
11 095
22 789
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 325
41 913
61 423
56 592
After tax
78 175
85 587
66 077
70 908
Living cost
35 346
35 346
35 346
35 346
Free-cash
42 829
50 241
30 731
35 562

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91688
₽86119
₽81657
₽85551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
19 125
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
28 518
Employee
22 941
-
120 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
12 060
-
health
1 055
-
1 618
-
total
5 615
-
17 154
-
Employer
22 941
-
120 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
100 058
127 500
-
-
income
10 005
12 750
-
-
total
10 005
12 750
-
-
Dividends
90 053
114 750
-
-
withholding
4 503
5 737
-
-
total
4 503
5 737
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 624
18 487
24 056
28 518
After tax
102 876
109 013
103 444
98 982
Living cost
17 325
17 325
17 325
17 325
Free-cash
85 551
91 688
86 119
81 657

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26870
₽46031
₽34446
₽40024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income

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

-
-
-
33 904
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.

-
-
-
1 865
health

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

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

-
-
-
6 871
trade
-
-
-
11 585
total
-
-
-
54 225
Employee

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

50 042
-
127 500
-
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.

227
-
1 865
-
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.

4 115
-
33 904
-
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.

6 871
-
6 871
-
total
11 213
-
42 640
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 458
127 500
-
-
income
11 620
19 124
-
-
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.

639
1 052
-
-
chamber of commerce
267
340
-
-
trade
11 116
18 296
-
-
total
23 642
38 812
-
-
Dividends
53 816
88 689
-
-
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.

720
1 199
-
-
withholding
13 072
21 790
-
-
total
13 792
22 989
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 647
61 801
42 640
54 225
After tax
78 853
65 699
84 860
73 275
Living cost
38 829
38 829
38 829
38 829
Free-cash
40 024
26 870
46 031
34 446

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31958
₽23926
₽23926
₽34178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
34 376
social contributions
-
-
-
11 906
total
-
-
-
46 282
Employee
78 672
-
127 500
-
income
14 845
-
34 376
-
social contributions
6 536
-
11 906
-
total
21 381
-
46 282
-
Employer
78 672
-
127 500
-
total
-
-
-
-
Corporate
48 828
127 500
-
-
income
6 104
15 937
-
-
total
6 104
15 937
-
-
Dividends
42 724
111 563
-
-
withholding
8 545
22 313
-
-
total
8 545
22 313
-
-
Income
127 500
127 500
127 500
127 500
Total tax
36 030
38 250
46 282
46 282
After tax
91 470
89 250
81 218
81 218
Living cost
57 292
57 292
57 292
57 292
Free-cash
34 178
31 958
23 926
23 926

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41052
₽57177
₽56285
₽44565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
122 874
-
income
5 006
-
24 562
-
social contributions
4 623
-
4 626
-
total
9 629
-
29 188
-
Employer
46 138
-
122 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
76 740
127 500
-
-
income
26 860
44 625
-
-
total
26 860
44 625
-
-
Dividends
49 880
82 875
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 426
49 939
33 814
34 706
After tax
81 074
77 561
93 686
92 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
44 565
41 052
57 177
56 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
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.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51566
₽39256
₽51064
₽52756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
31 279
pensions
-
-
-
8 024
total
-
-
-
39 303
Employee
50 971
-
111 829
-
pensions
3 890
-
10 223
-
income
9 282
-
23 406
-
health
665
-
1 810
-
total
13 837
-
35 439
-
Employer
50 971
-
111 829
-
health
969
-
2 125
-
pensions
5 150
-
13 547
-
total
6 119
-
15 672
-
Corporate
70 411
127 500
-
-
income

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

13 377
24 225
-
-
total
13 377
24 225
-
-
Dividends
57 034
103 275
-
-
withholding
4 278
14 576
-
-
total
4 278
14 576
-
-
Income
127 500
127 500
127 500
127 500
Total tax
37 611
38 801
51 111
39 303
After tax
89 889
88 699
76 389
88 197
Living cost
37 133
37 133
37 133
37 133
Free-cash
52 756
51 566
39 256
51 064

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
-₽13927
₽43178
₽63092
₽6607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
257
income
-
-
-
33 062
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
40 153
Employee
38 154
-
111 681
-
pensions
4 296
-
7 768
-
income
5 234
-
23 692
-
health
4 368
-
12 788
-
total
13 898
-
44 248
-
Employer
38 154
-
111 681
-
pensions
6 204
-
11 218
-
accident
637
-
1 865
-
unemployment
935
-
2 736
-
total
7 776
-
15 819
-
Corporate
81 571
127 500
-
-
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.

73 414
114 750
-
-
total
73 414
114 750
-
-
Dividends
8 157
12 750
-
-
withholding
1 550
2 422
-
-
total
1 550
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
96 638
117 172
60 067
40 153
After tax
30 862
10 328
67 433
87 347
Living cost
24 255
24 255
24 255
24 255
Free-cash
6 607
-13 927
43 178
63 092

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
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.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽93702
₽71520
₽58579
₽88995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
127 500
income
-
-
-
20 270
unemployment
-
-
-
1 530
work injury
-
-
-
637
health insurance
-
-
-
9 435
pensions
-
-
-
23 460
total
-
-
-
55 332
Employee

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

21 742
-
127 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
20 270
-
total
8 153
-
42 391
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 758
127 500
-
-
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%.

1 058
1 275
-
-
total
1 058
1 275
-
-
Dividends
104 701
126 225
-
-
withholding
15 705
18 934
-
-
total
15 705
18 934
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 916
20 209
42 391
55 332
After tax
102 584
107 291
85 109
72 168
Living cost
13 589
13 589
13 589
13 589
Free-cash
88 995
93 702
71 520
58 579

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27090
₽16198
₽22027
₽22515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
32 793
regional
-
-
-
2 795
municipal
-
-
-
853
national
-
-
-
28 965
total
-
-
-
65 406
Employee
84 751
-
127 500
-
municipal
506
-
760
-
national
14 322
-
25 088
-
regional
1 280
-
2 394
-
social contributions
28 577
-
42 993
-
total
44 685
-
71 235
-
Employer
84 751
-
127 500
-
total
-
-
-
-
Corporate
42 749
127 500
-
-
municipal
2 061
6 146
-
-
nationa
10 261
30 601
-
-
total
12 322
36 747
-
-
Dividends
30 428
90 754
-
-
withholding
7 911
23 596
-
-
total
7 911
23 596
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 918
60 343
71 235
65 406
After tax
62 582
67 157
56 265
62 094
Living cost
40 067
40 067
40 067
40 067
Free-cash
22 515
27 090
16 198
22 027

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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