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
₽55082
₽35170
₽42061
₽45837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
34 716
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.

-
-
-
1 910
trade
-
-
-
13 021
total
-
-
-
56 234
Employee

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

36 879
-
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.

57
-
1 910
-
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.

1 030
-
34 716
-
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.

6 587
-
6 587
-
total
7 674
-
43 213
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 621
127 500
-
-
chamber of commerce
276
329
-
-
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.

748
1 052
-
-
trade
14 272
20 082
-
-
income
13 593
19 125
-
-
total
28 889
40 588
-
-
Dividends
61 731
86 912
-
-
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.

829
1 175
-
-
withholding
15 066
21 362
-
-
total
15 895
22 537
-
-
Income
127 500
127 500
127 500
127 500
Total tax
52 458
63 125
43 213
56 234
After tax
75 042
64 375
84 287
71 266
Living cost
29 205
29 205
29 205
29 205
Free-cash
45 837
35 170
55 082
42 061

Estimated living cost  is ₽29205 per week

₽18371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26191
₽28640
₽25191
₽27793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 300
national
-
-
-
21 101
municipal
-
-
-
13 617
total
-
-
-
51 389
Employee
78 935
-
110 223
-
municipal
9 750
-
14 111
-
national
15 108
-
21 866
-
pensions
3 157
-
4 409
-
total
28 015
-
40 386
-
Employer
78 935
-
110 223
-
pensions
6 315
-
8 818
-
social contributions
849
-
1 185
-
total
7 164
-
10 003
-
Corporate
36 192
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%.

7 238
25 500
-
-
total
7 238
25 500
-
-
Dividends
28 954
102 000
-
-
withholding
6 370
22 440
-
-
total
6 370
22 440
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 787
47 940
50 389
51 389
After tax
78 713
79 560
77 111
76 111
Living cost
50 920
50 920
50 920
50 920
Free-cash
27 793
28 640
26 191
25 191

Estimated living cost  is ₽50920 per week

₽34610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽762
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51453
₽81942
₽18255
₽74031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 943
income
-
-
-
19 730
surtax
-
-
-
32 513
microenterprise
-
-
-
-
total
-
-
-
89 186
Employee
28 174
-
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.

3 100
-
11 302
-
income
5 015
-
19 935
-
total
8 115
-
31 237
-
Employer
28 174
-
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.

6 787
-
24 751
-
total
6 787
-
24 751
-
Corporate
92 539
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%.

18 508
25 499
-
-
total
18 508
25 499
-
-
Dividends

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

74 031
102 001
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
33 410
25 499
55 988
89 186
After tax
94 090
102 001
71 512
38 314
Living cost
20 059
20 059
20 059
20 059
Free-cash
74 031
81 942
51 453
18 255

Estimated living cost  is ₽20059 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32525
₽22102
₽32944
₽16194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 890
income
-
-
-
30 977
pensions
-
-
-
11 297
total
-
-
-
54 164
Employee
82 339
82 339
109 581
-
income

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

13 478
13 478
13 478
-
pensions
14 821
11 297
11 297
-
health
12 638
10 750
11 890
-
total
40 937
35 525
36 665
-
Employer
82 339
82 339
109 581
-
unemployment
2 964
2 964
3 683
-
health
5 723
5 723
7 112
-
pensions
5 731
5 731
7 123
-
total
14 418
14 418
17 918
-
Corporate
31 753
30 743
-
-
income
6 351
6 148
-
-
total
6 351
6 148
-
-
Dividends
25 402
24 595
-
-
income
5 398
5 226
-
-
withholding
3 810
3 689
-
-
total
9 208
8 915
-
-
Income
127 500
127 500
127 500
127 500
Total tax
70 914
65 006
54 583
54 164
After tax
56 586
62 494
72 917
73 336
Living cost
40 392
40 392
40 392
40 392
Free-cash
16 194
22 102
32 525
32 944

Estimated living cost  is ₽40392 per week

₽28625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26646
₽29544
₽27725
₽28644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 205
health
-
-
-
5 480
accident
-
-
-
176
pensions
-
-
-
9 494
national
-
-
-
3 827
unemployment
-
-
-
88
municipal
-
-
-
30 434
total
-
-
-
59 704
Employee
57 098
-
99 906
-
municipal
17 027
-
29 792
-
national
-
-
3 397
-
total
17 027
-
33 189
-
Employer
57 098
-
99 906
-
other
6 635
-
10 205
-
unemployment
1 507
-
2 318
-
health
3 512
-
5 401
-
accident
114
-
176
-
pensions
6 172
-
9 494
-
total
17 940
-
27 594
-
Corporate
52 462
127 500
-
-
income
11 542
28 050
-
-
total
11 542
28 050
-
-
Dividends
40 920
99 450
-
-
withholding
12 276
29 835
-
-
total
12 276
29 835
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 785
57 885
60 783
59 704
After tax
68 715
69 615
66 717
67 796
Living cost
40 071
40 071
40 071
40 071
Free-cash
28 644
29 544
26 646
27 725

Estimated living cost  is ₽40071 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46409
₽25842
₽32810
₽39389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
34 716
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.

-
-
-
1 910
trade
-
-
-
13 599
total
-
-
-
56 812
Employee

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

48 897
-
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.

231
-
1 910
-
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.

4 201
-
34 716
-
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.

6 587
-
6 587
-
total
11 019
-
43 213
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 603
127 500
-
-
chamber of commerce
258
328
-
-
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.

648
1 052
-
-
trade
12 931
20 974
-
-
income
11 791
19 125
-
-
total
25 628
41 479
-
-
Dividends
52 976
86 021
-
-
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.

708
1 162
-
-
withholding
12 878
21 139
-
-
total
13 586
22 301
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 233
63 780
43 213
56 812
After tax
77 267
63 720
84 287
70 688
Living cost
37 878
37 878
37 878
37 878
Free-cash
39 389
25 842
46 409
32 810

Estimated living cost  is ₽37878 per week

₽25333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56604
₽61877
₽57936
₽57878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
3 251
income
-
-
-
19 439
total
-
-
-
38 290
Employee
74 142
74 142
117 036
-
social contributions
3 603
6 153
8 300
-
income
7 786
6 863
18 868
-
health
737
1 261
1 989
-
total
12 126
14 277
29 157
-
Employer
74 142
74 142
117 036
-
health
803
1 372
2 165
-
social contributions
3 603
6 153
8 300
-
total
4 406
7 525
10 465
-
Corporate
79 694
45 832
-
-
income
9 961
5 729
-
-
total
9 961
5 729
-
-
Dividends
69 733
40 103
-
-
withholding
11 855
6 818
-
-
total
11 855
6 818
-
-
Income
127 500
127 500
127 500
127 500
Total tax
38 348
34 349
39 622
38 290
After tax
89 152
93 151
87 878
89 210
Living cost
31 274
31 274
31 274
31 274
Free-cash
57 878
61 877
56 604
57 936

Estimated living cost  is ₽31274 per week

₽21379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2443
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.
₽6927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56122
₽53924
₽70534
₽54296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 925
income
-
-
-
15 587
pensions
-
-
-
12 750
unemployment
-
-
-
1 912
total
-
-
-
39 174
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.

25 684
10 222
106 695
-
income
3 140
1 250
13 043
-
pensions
2 568
1 022
10 669
-
health
1 798
716
7 469
-
unemployment
385
153
1 600
-
total
7 891
3 141
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.

25 684
10 222
106 695
-
pensions
5 008
1 993
20 805
-
total
5 008
1 993
20 805
-
Corporate
96 808
115 285
-
-
income
8 713
10 376
-
-
total
8 713
10 376
-
-
Dividends
88 095
104 909
-
-
social contributions
17 062
20 341
-
-
withholding
16 738
19 933
-
-
total
33 800
40 274
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 412
55 784
53 586
39 174
After tax
72 088
71 716
73 914
88 326
Living cost
17 792
17 792
17 792
17 792
Free-cash
54 296
53 924
56 122
70 534

Estimated living cost  is ₽17792 per week

₽12142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50198
₽78712
₽45052
₽72722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 576
income
-
-
-
17 084
pensions
-
-
-
25 499
total
-
-
-
59 159
Employee
27 353
-
95 291
-
income
3 079
-
18 373
-
pensions
547
-
1 907
-
unemployment
437
-
1 524
-
total
4 063
-
21 804
-
Employer
27 353
-
95 291
-
unemployment
220
-
763
-
health
3 555
-
12 387
-
pensions
5 471
-
19 059
-
total
9 246
-
32 209
-
Corporate
90 901
127 500
-
-
income
18 180
25 499
-
-
total
18 180
25 499
-
-
Dividends
72 721
102 001
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
31 489
25 499
54 013
59 159
After tax
96 011
102 001
73 487
68 341
Living cost
23 289
23 289
23 289
23 289
Free-cash
72 722
78 712
50 198
45 052

Estimated living cost  is ₽23289 per week

₽15974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1387
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.
₽5460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46250
-₽11122
₽65870
₽7037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
33 390
pensions
-
-
-
4 057
total
-
-
-
40 180
Employee
33 742
-
112 138
-
income
4 629
-
24 159
-
pensions
3 799
-
7 439
-
health
3 864
-
12 840
-
total
12 292
-
44 438
-
Employer
33 742
-
112 138
-
unemployment
827
-
2 747
-
accident
563
-
1 873
-
pensions
5 487
-
10 742
-
total
6 877
-
15 362
-
Corporate
86 881
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.

78 193
114 750
-
-
total
78 193
114 750
-
-
Dividends
8 688
12 750
-
-
withholding
1 651
2 422
-
-
total
1 651
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
99 013
117 172
59 800
40 180
After tax
28 487
10 328
67 700
87 320
Living cost
21 450
21 450
21 450
21 450
Free-cash
7 037
-11 122
46 250
65 870

Estimated living cost  is ₽21450 per week

₽15721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94105
₽113230
₽118330
₽111749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 869
-
127 500
-
income
1 974
-
25 500
-
total
1 974
-
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%.

117 631
127 500
-
-
total
-
-
-
-
Dividends
117 631
127 500
-
-
withholding
5 882
6 375
-
-
total
5 882
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
7 856
6 375
25 500
1 275
After tax
119 644
121 125
102 000
126 225
Living cost
7 895
7 895
7 895
7 895
Free-cash
111 749
113 230
94 105
118 330

Estimated living cost  is ₽7895 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47586
₽67983
₽42312
₽61472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 056
health
-
-
-
5 610
income
-
-
-
17 229
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
-
-
-
59 496
Employee
35 009
-
101 836
-
income
6 027
-
18 986
-
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.

2 450
-
7 129
-
health
490
-
1 425
-
unemployment
349
-
1 019
-
total
9 316
-
28 559
-
Employer
35 009
-
101 836
-
other
1 751
-
5 092
-
unemployment
349
-
1 019
-
health
490
-
1 425
-
accident
280
-
814
-
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.

5 952
-
17 313
-
total
8 822
-
25 663
-
Corporate
83 668
127 500
-
-
income
17 571
26 775
-
-
total
17 571
26 775
-
-
Dividends
66 097
100 725
-
-
withholding
4 627
7 050
-
-
total
4 627
7 050
-
-
Income
127 500
127 500
127 500
127 500
Total tax
40 336
33 825
54 222
59 496
After tax
87 164
93 675
73 278
68 004
Living cost
25 692
25 692
25 692
25 692
Free-cash
61 472
67 983
47 586
42 312

Estimated living cost  is ₽25692 per week

₽18153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11649
₽23697
₽23420
₽18064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 004
pensions
-
-
-
7 810
total
-
-
-
39 814
Employee
90 927
-
111 766
-
income
16 391
-
24 155
-
health
1 498
-
1 782
-
pensions
8 772
-
9 913
-
total
26 661
-
35 850
-
Employer
90 927
-
111 766
-
health
1 727
-
2 123
-
pensions
10 736
-
13 612
-
total
12 463
-
15 735
-
Corporate
24 110
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.

4 582
24 225
-
-
total
4 582
24 225
-
-
Dividends
19 529
103 275
-
-
withholding
1 464
15 312
-
-
total
1 464
15 312
-
-
Income
127 500
127 500
127 500
127 500
Total tax
45 170
39 537
51 585
39 814
After tax
82 330
87 963
75 915
87 686
Living cost
64 266
64 266
64 266
64 266
Free-cash
18 064
23 697
11 649
23 420

Estimated living cost  is ₽64266 per week

₽48156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7551
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.
₽8038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽91633
₽96557
₽87060
₽92143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 816
income
-
-
-
19 125
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
27 985
Employee
16 492
-
120 990
-
income
1 649
-
12 099
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 448
-
2 913
-
health
759
-
1 526
-
total
4 038
-
16 903
-
Employer
16 492
-
120 990
-
unemployment
99
-
199
-
health
1 138
-
2 289
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 818
-
3 656
-
total
3 237
-
6 509
-
Corporate
107 772
127 500
-
-
income
10 777
12 750
-
-
total
10 777
12 750
-
-
Dividends
96 995
114 750
-
-
withholding
4 850
5 738
-
-
total
4 850
5 738
-
-
Income
127 500
127 500
127 500
127 500
Total tax
22 902
18 488
23 412
27 985
After tax
104 598
109 012
104 088
99 515
Living cost
12 455
12 455
12 455
12 455
Free-cash
92 143
96 557
91 633
87 060

Estimated living cost  is ₽12455 per week

₽7271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19451
₽9028
₽19870
₽11453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 890
income
-
-
-
30 977
pensions
-
-
-
11 297
total
-
-
-
54 164
Employee
89 394
82 339
109 581
-
income

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

13 478
13 478
13 478
-
pensions
11 297
11 297
11 297
-
health
11 152
10 750
11 890
-
total
35 927
35 525
36 665
-
Employer
89 394
82 339
109 581
-
unemployment
3 219
2 964
3 683
-
health
6 212
5 723
7 112
-
pensions
6 221
5 731
7 123
-
total
15 652
14 418
17 918
-
Corporate
22 455
30 743
-
-
income
4 490
6 148
-
-
total
4 490
6 148
-
-
Dividends
17 964
24 595
-
-
income
3 817
5 226
-
-
withholding
2 695
3 689
-
-
total
6 512
8 915
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 581
65 006
54 583
54 164
After tax
64 919
62 494
72 917
73 336
Living cost
53 466
53 466
53 466
53 466
Free-cash
11 453
9 028
19 451
19 870

Estimated living cost  is ₽53466 per week

₽39440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40875
₽63957
₽40773
₽55456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 287
health
-
-
-
17 213
income
-
-
-
11 400
solidarity contribution
-
-
-
-
total
-
-
-
62 900
Employee
35 040
-
95 149
-
social contributions
2 278
-
6 185
-
solidarity contribution
-
-
-
-
income
4 205
-
11 418
-
health
4 730
-
12 845
-
total
11 213
-
30 448
-
Employer
35 040
-
95 149
-
health
3 154
-
8 563
-
social contributions
8 760
-
23 787
-
total
11 914
-
32 350
-
Corporate
80 546
127 500
-
-
income
15 304
24 225
-
-
total
15 304
24 225
-
-
Dividends
65 242
103 275
-
-
withholding
9 786
15 491
-
-
total
9 786
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 217
39 716
62 798
62 900
After tax
79 283
87 784
64 702
64 600
Living cost
23 827
23 827
23 827
23 827
Free-cash
55 456
63 957
40 875
40 773

Estimated living cost  is ₽23827 per week

₽16551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16480
₽27340
₽22545
₽22307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
29 256
regional
-
-
-
1 462
municipal
-
-
-
758
total
-
-
-
64 269
Employee
85 692
-
127 500
-
social contributions
28 895
-
42 994
-
municipal
454
-
675
-
national
14 848
-
25 379
-
regional
809
-
1 286
-
total
45 006
-
70 334
-
Employer
85 692
-
127 500
-
total
-
-
-
-
Corporate
41 808
127 500
-
-
nationa
10 034
30 601
-
-
municipal
1 630
4 973
-
-
total
11 664
35 574
-
-
Dividends
30 143
91 926
-
-
withholding
7 837
23 900
-
-
total
7 837
23 900
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 507
59 474
70 334
64 269
After tax
62 993
68 026
57 166
63 231
Living cost
40 686
40 686
40 686
40 686
Free-cash
22 307
27 340
16 480
22 545

Estimated living cost  is ₽40686 per week

₽28361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37262
₽58920
₽39373
₽55920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 052
income
-
-
-
28 187
pensions
-
-
-
25 499
surtax
-
-
-
3 892
unemployment
-
-
-
220
total
-
-
-
66 850
Employee
31 886
-
105 329
-
surtax
104
-
3 559
-
income
5 345
-
26 189
-
other
-
-
-
-
pensions
2 126
-
7 026
-
health
814
-
2 686
-
unemployment
2 219
-
7 330
-
total
10 608
-
46 790
-
Employer
31 886
-
105 329
-
other
-
-
-
-
unemployment
1 010
-
3 339
-
health
1 451
-
4 792
-
pensions
4 251
-
14 040
-
total
6 712
-
22 171
-
Corporate
88 903
127 500
-
-
income
23 115
33 150
-
-
total
23 115
33 150
-
-
Dividends
65 788
94 350
-
-
withholding
9 868
14 153
-
-
total
9 868
14 153
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 303
47 303
68 961
66 850
After tax
77 197
80 197
58 539
60 650
Living cost
21 277
21 277
21 277
21 277
Free-cash
55 920
58 920
37 262
39 373

Estimated living cost  is ₽21277 per week

₽13010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32010
₽44058
₽43781
₽44063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 004
pensions
-
-
-
7 810
total
-
-
-
39 814
Employee
60 937
-
111 766
-
income
10 975
-
24 155
-
health
885
-
1 782
-
pensions
5 172
-
9 913
-
total
17 032
-
35 850
-
Employer
60 937
-
111 766
-
health
1 158
-
2 123
-
pensions
6 596
-
13 612
-
total
7 754
-
15 735
-
Corporate
58 809
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.

11 174
24 225
-
-
total
11 174
24 225
-
-
Dividends
47 635
103 275
-
-
withholding
3 572
15 312
-
-
total
3 572
15 312
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 532
39 537
51 585
39 814
After tax
87 968
87 963
75 915
87 686
Living cost
43 905
43 905
43 905
43 905
Free-cash
44 063
44 058
32 010
43 781

Estimated living cost  is ₽43905 per week

₽32893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20958
-₽19699
₽27270
₽13676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
286
pensions
-
-
-
11 730
city
-
-
-
1 344
national
-
-
-
1 237
regional
-
-
-
5 081
total
-
-
-
22 228
Employee
91 283
-
114 119
-
national
432
-
967
-
city
980
-
1 226
-
pensions
7 669
-
9 586
-
health
206
-
256
-
regional
2 989
-
4 381
-
unemployment
-
-
-
-
total
12 276
-
16 416
-
Employer
91 283
-
114 119
-
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.

1 825
-
2 282
-
unemployment
-
-
-
-
health
206
-
256
-
pensions
7 669
-
9 586
-
total
9 700
-
12 124
-
Corporate
25 513
127 500
-
-
regional
5 395
26 966
-
-
national
2 168
10 838
-
-
total
7 563
37 804
-
-
Dividends
17 951
89 696
-
-
withholding
6 283
31 393
-
-
total
6 283
31 393
-
-
Income
127 500
127 500
127 500
127 500
Total tax
35 822
69 197
28 540
22 228
After tax
91 678
58 303
98 960
105 272
Living cost
78 002
78 002
78 002
78 002
Free-cash
13 676
-19 699
20 958
27 270

Estimated living cost  is ₽78002 per week

₽50724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽958
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽40116
₽18893
₽25937
₽34528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
34 716
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.

-
-
-
1 910
trade
-
-
-
14 179
total
-
-
-
57 392
Employee

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

57 947
-
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.

375
-
1 910
-
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.

6 814
-
34 716
-
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.

6 587
-
6 587
-
total
13 776
-
43 213
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 553
127 500
-
-
chamber of commerce
245
326
-
-
surtax

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

575
1 052
-
-
trade
11 928
21 866
-
-
income
10 433
19 125
-
-
total
23 181
42 369
-
-
Dividends
46 372
85 132
-
-
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.

617
1 151
-
-
withholding
11 227
20 916
-
-
total
11 844
22 067
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 801
64 436
43 213
57 392
After tax
78 699
63 064
84 287
70 108
Living cost
44 171
44 171
44 171
44 171
Free-cash
34 528
18 893
40 116
25 937

Estimated living cost  is ₽44171 per week

₽32260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41825
₽31269
₽39547
₽36967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 952
social contributions
-
-
-
3 632
health
-
-
-
4 069
income
-
-
-
16 539
pensions
-
-
-
26 772
surtax
-
-
-
-
total
-
-
-
54 964
Employee
41 266
-
101 161
-
surtax
-
-
-
-
social contributions
1 177
-
2 884
-
income
2 435
-
17 461
-
pensions
4 666
-
6 002
-
total
8 278
-
26 347
-
Employer
41 266
-
101 161
-
other
1 424
-
3 507
-
unemployment
1 671
-
4 097
-
health
2 889
-
8 140
-
pensions
6 779
-
10 291
-
social contributions
124
-
304
-
total
12 887
-
26 339
-
Corporate
73 347
127 500
-
-
surtax
-
-
-
-
income
20 537
35 700
-
-
total
20 537
35 700
-
-
Dividends
52 810
91 800
-
-
social contributions
9 083
15 791
-
-
surtax
-
-
-
-
withholding
6 759
11 751
-
-
total
15 842
27 542
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 544
63 242
52 686
54 964
After tax
69 956
64 258
74 814
72 536
Living cost
32 989
32 989
32 989
32 989
Free-cash
36 967
31 269
41 825
39 547

Estimated living cost  is ₽32989 per week

₽20801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45094
₽34538
₽42816
₽39896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 952
social contributions
-
-
-
3 632
health
-
-
-
4 069
income
-
-
-
16 539
pensions
-
-
-
26 772
surtax
-
-
-
-
total
-
-
-
54 964
Employee
36 836
-
101 161
-
surtax
-
-
-
-
social contributions
1 050
-
2 884
-
income
1 899
-
17 461
-
pensions
4 166
-
6 002
-
total
7 115
-
26 347
-
Employer
36 836
-
101 161
-
other
1 272
-
3 507
-
unemployment
1 491
-
4 097
-
health
2 578
-
8 140
-
pensions
6 053
-
10 291
-
social contributions
110
-
304
-
total
11 504
-
26 339
-
Corporate
79 160
127 500
-
-
surtax
-
-
-
-
income
22 166
35 700
-
-
total
22 166
35 700
-
-
Dividends
56 995
91 800
-
-
social contributions
9 804
15 791
-
-
surtax
-
-
-
-
withholding
7 295
11 751
-
-
total
17 099
27 542
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 884
63 242
52 686
54 964
After tax
69 616
64 258
74 814
72 536
Living cost
29 720
29 720
29 720
29 720
Free-cash
39 896
34 538
45 094
42 816

Estimated living cost  is ₽29720 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60049
₽57340
₽61434
₽57838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 595
health
-
-
-
8 900
income
-
-
-
19 125
total
-
-
-
45 620
Employee
32 692
-
127 500
-
social contributions
4 512
-
17 595
-
income
5 453
-
20 510
-
health
2 282
-
8 900
-
total
12 247
-
47 005
-
Employer
32 692
-
127 500
-
total
-
-
-
-
Corporate
94 808
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%.

4 741
6 375
-
-
total
4 741
6 375
-
-
Dividends
90 067
121 125
-
-
social contributions
12 430
16 715
-
-
withholding
13 511
18 169
-
-
health
6 287
8 455
-
-
total
32 228
43 339
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 216
49 714
47 005
45 620
After tax
78 284
77 786
80 495
81 880
Living cost
20 446
20 446
20 446
20 446
Free-cash
57 838
57 340
60 049
61 434

Estimated living cost  is ₽20446 per week

₽13683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽708
₽36974
₽30287
₽35481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 616
income
-
-
-
27 168
chamber of commerce
-
-
-
511
pensions
-
-
-
20 839
surtax
-
-
-
190
unemployment
-
-
-
5 914
total
-
-
-
63 238
Employee
48 186
38 425
98 859
-
income
5 486
2 834
22 473
-
other
481
384
988
-
pensions
4 935
3 934
10 124
-
health
1 865
1 488
3 826
-
unemployment
1 446
1 153
2 966
-
total
14 213
9 793
40 377
-
Employer
48 186
38 425
98 859
-
other
2 289
1 824
4 695
-
unemployment
1 446
1 153
2 966
-
health
1 821
1 453
3 736
-
surtax
190
190
190
-
accident
626
500
1 284
-
pensions
6 047
4 823
12 408
-
payroll
1 446
1 153
2 966
-
chamber of commerce
192
154
395
-
total
14 057
11 250
28 640
-
Corporate
65 257
77 826
95 199
-
income

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

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

16 314
19 456
23 800
-
total
16 314
19 456
23 800
-
Dividends
48 943
58 370
-
-
withholding
13 460
16 052
-
-
total
13 460
16 052
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 044
56 551
92 817
63 238
After tax
69 456
70 949
34 683
64 262
Living cost
33 975
33 975
33 975
33 975
Free-cash
35 481
36 974
708
30 287

Estimated living cost  is ₽33975 per week

₽22660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12095
₽36238
₽21550
₽21779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 170
communal

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

-
-
-
6 439
national
-
-
-
44 185
total
-
-
-
70 794
Employee

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

68 970
-
98 753
-
national
21 204
-
33 442
-
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.

5 173
-
7 407
-
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.

3 240
-
4 642
-
communal

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

3 597
-
5 151
-
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.

600
-
860
-
total
33 814
-
51 502
-
Employer

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

68 970
-
98 753
-
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.

1 006
-
1 442
-
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.

4 241
-
6 073
-
surtax
7 820
-
11 198
-
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.

897
-
1 284
-
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.

6 111
-
8 750
-
total
20 075
-
28 747
-
Corporate
38 454
127 500
-
-
surtax
154
511
-
-
income
7 690
25 499
-
-
total
7 844
26 010
-
-
Dividends
30 610
101 490
-
-
withholding

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

8 832
30 096
-
-
total
8 832
30 096
-
-
Income
127 500
127 500
127 500
127 500
Total tax
70 565
56 106
80 249
70 794
After tax
56 935
71 394
47 251
56 706
Living cost
35 156
35 156
35 156
35 156
Free-cash
21 779
36 238
12 095
21 550

Estimated living cost  is ₽35156 per week

₽22645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31844
₽50677
₽36477
₽43333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
805
income
-
-
-
29 390
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
56 202
Employee
47 996
-
99 009
-
income
10 127
-
26 668
-
other
48
-
90
-
pensions
2 256
-
4 201
-
unemployment
745
-
1 385
-
total
13 176
-
32 344
-
Employer
47 996
-
99 009
-
other
382
-
715
-
unemployment
2 640
-
4 915
-
accident
950
-
1 769
-
pensions
11 326
-
21 092
-
total
15 298
-
28 491
-
Corporate
64 206
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.

9 630
19 125
-
-
total
9 630
19 125
-
-
Dividends
54 576
108 375
-
-
withholding
11 242
22 877
-
-
total
11 242
22 877
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 346
42 002
60 835
56 202
After tax
78 154
85 498
66 665
71 298
Living cost
34 821
34 821
34 821
34 821
Free-cash
43 333
50 677
31 844
36 477

Estimated living cost  is ₽34821 per week

₽25642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20462
₽24240
₽15379
₽14381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 958
accident
-
-
-
1 074
income
-
-
-
16 200
pensions
-
-
-
19 110
communal
-
-
-
8 058
surtax
-
-
-
6 322
total
-
-
-
59 722
Employee
73 018
-
113 890
-
surtax
4 476
-
6 981
-
income
7 053
-
19 870
-
pensions
5 841
-
9 110
-
health
3 250
-
5 068
-
total
20 620
-
41 029
-
Employer
73 018
-
113 890
-
health
2 227
-
3 475
-
accident
657
-
1 025
-
pensions
5 841
-
9 110
-
total
8 725
-
13 610
-
Corporate
45 758
127 500
-
-
surtax
481
1 339
-
-
income
6 863
19 125
-
-
communal
3 089
8 607
-
-
total
10 433
29 071
-
-
Dividends
35 324
98 429
-
-
income
15 643
7 026
-
-
withholding
5 299
14 764
-
-
total
20 942
21 790
-
-
Income
127 500
127 500
127 500
127 500
Total tax
60 720
50 861
54 639
59 722
After tax
66 780
76 639
72 861
67 778
Living cost
52 399
52 399
52 399
52 399
Free-cash
14 381
24 240
20 462
15 379

Estimated living cost  is ₽52399 per week

₽39307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36882
₽58540
₽38993
₽55474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 052
income
-
-
-
28 187
pensions
-
-
-
25 499
surtax
-
-
-
3 892
unemployment
-
-
-
220
total
-
-
-
66 850
Employee
32 471
-
105 329
-
surtax
115
-
3 559
-
income
5 444
-
26 189
-
other
-
-
-
-
pensions
2 166
-
7 026
-
health
829
-
2 686
-
unemployment
2 260
-
7 330
-
total
10 814
-
46 790
-
Employer
32 471
-
105 329
-
other
-
-
-
-
unemployment
1 030
-
3 339
-
health
1 477
-
4 792
-
pensions
4 329
-
14 040
-
total
6 836
-
22 171
-
Corporate
88 193
127 500
-
-
income
22 930
33 150
-
-
total
22 930
33 150
-
-
Dividends
65 263
94 350
-
-
withholding
9 789
14 153
-
-
total
9 789
14 153
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 369
47 303
68 961
66 850
After tax
77 131
80 197
58 539
60 650
Living cost
21 657
21 657
21 657
21 657
Free-cash
55 474
58 540
36 882
38 993

Estimated living cost  is ₽21657 per week

₽13075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
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.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30764
₽41043
₽36798
₽38904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
29 256
regional
-
-
-
1 922
municipal
-
-
-
758
total
-
-
-
64 729
Employee
53 486
-
127 500
-
social contributions
18 036
-
42 994
-
municipal
284
-
675
-
national
8 474
-
25 379
-
regional
720
-
1 715
-
total
27 514
-
70 763
-
Employer
53 486
-
127 500
-
total
-
-
-
-
Corporate
74 014
127 500
-
-
nationa
17 763
30 601
-
-
municipal
3 678
6 336
-
-
total
21 441
36 937
-
-
Dividends
52 573
90 563
-
-
withholding
13 668
23 547
-
-
total
13 668
23 547
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 623
60 484
70 763
64 729
After tax
64 877
67 016
56 737
62 771
Living cost
25 973
25 973
25 973
25 973
Free-cash
38 904
41 043
30 764
36 798

Estimated living cost  is ₽25973 per week

₽16153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35340
₽58422
₽35238
₽47947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 287
health
-
-
-
17 213
income
-
-
-
11 400
solidarity contribution
-
-
-
-
total
-
-
-
62 900
Employee
43 179
-
95 149
-
social contributions
2 807
-
6 185
-
solidarity contribution
-
-
-
-
income
5 181
-
11 418
-
health
5 829
-
12 845
-
total
13 817
-
30 448
-
Employer
43 179
-
95 149
-
health
3 886
-
8 563
-
social contributions
10 795
-
23 787
-
total
14 681
-
32 350
-
Corporate
69 641
127 500
-
-
income
13 232
24 225
-
-
total
13 232
24 225
-
-
Dividends
56 409
103 275
-
-
withholding
8 461
15 491
-
-
total
8 461
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 191
39 716
62 798
62 900
After tax
77 309
87 784
64 702
64 600
Living cost
29 362
29 362
29 362
29 362
Free-cash
47 947
58 422
35 340
35 238

Estimated living cost  is ₽29362 per week

₽21835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3953
₽40292
₽33691
₽39816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 616
income
-
-
-
27 168
chamber of commerce
-
-
-
511
pensions
-
-
-
20 839
surtax
-
-
-
-
unemployment
-
-
-
5 914
total
-
-
-
63 048
Employee
42 148
38 425
99 009
-
income
3 755
2 834
22 526
-
other
421
384
990
-
pensions
4 316
3 934
10 139
-
health
1 630
1 488
3 832
-
unemployment
1 264
1 153
2 970
-
total
11 386
9 793
40 457
-
Employer
42 148
38 425
99 009
-
other
2 002
1 824
4 702
-
unemployment
1 264
1 153
2 970
-
health
1 594
1 453
3 742
-
surtax
-
-
-
-
accident
547
500
1 286
-
pensions
5 290
4 823
12 426
-
payroll
1 264
1 153
2 970
-
chamber of commerce
168
154
395
-
total
12 129
11 060
28 491
-
Corporate
73 223
78 016
95 349
-
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.

18 305
19 503
23 838
-
total
18 305
19 503
23 838
-
Dividends
54 918
58 513
-
-
withholding
15 103
16 091
-
-
total
15 103
16 091
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 923
56 447
92 786
63 048
After tax
70 577
71 053
34 714
64 452
Living cost
30 761
30 761
30 761
30 761
Free-cash
39 816
40 292
3 953
33 691

Estimated living cost  is ₽30761 per week

₽18453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89697
₽108822
₽113922
₽106515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 379
-
127 500
-
income
3 076
-
25 500
-
total
3 076
-
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%.

112 121
127 500
-
-
total
-
-
-
-
Dividends
112 121
127 500
-
-
withholding
5 606
6 375
-
-
total
5 606
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
8 682
6 375
25 500
1 275
After tax
118 818
121 125
102 000
126 225
Living cost
12 303
12 303
12 303
12 303
Free-cash
106 515
108 822
89 697
113 922

Estimated living cost  is ₽12303 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
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.
₽3048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35086
₽61923
₽38558
₽53856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 547
income
-
-
-
27 056
pensions
-
-
-
23 285
unemployment
-
-
-
192
total
-
-
-
63 080
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.

42 637
-
110 324
-
income
7 353
-
24 994
-
pensions
6 609
-
17 101
-
health
2 754
-
7 127
-
unemployment
60
-
154
-
total
16 776
-
49 376
-
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.

42 637
-
110 324
-
unemployment
26
-
66
-
health
2 840
-
7 346
-
pensions
3 773
-
9 764
-
total
6 639
-
17 176
-
Corporate
78 224
127 500
-
-
income
14 863
24 224
-
-
total
14 863
24 224
-
-
Dividends
63 361
103 276
-
-
withholding
9 504
15 491
-
-
total
9 504
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
47 782
39 715
66 552
63 080
After tax
79 718
87 785
60 948
64 420
Living cost
25 862
25 862
25 862
25 862
Free-cash
53 856
61 923
35 086
38 558

Estimated living cost  is ₽25862 per week

₽17749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71031
₽34296
₽44838
-₽22040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 535
income
-
-
-
24 852
total
-
-
-
39 387
Employee
62 050
-
-
-
social contributions
5 088
-
725
-
income
13 687
-
-
-
total
18 775
-
725
-
Employer
62 050
-
-
-
social contributions
87 490
-
12 469
-
total
87 490
-
12 469
-
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
106 265
49 929
13 194
39 387
After tax
21 235
77 571
114 306
88 113
Living cost
43 275
43 275
43 275
43 275
Free-cash
-22 040
34 296
71 031
44 838

Estimated living cost  is ₽43275 per week

₽28078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31090
₽42277
₽39467
₽41308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
44 306
income
-
-
-
13 483
surtax
-
-
-
-
total
-
-
-
57 789
Employee
44 346
-
103 031
-
surtax
-
-
-
-
social contributions
4 878
-
11 333
-
income
9 224
-
30 364
-
total
14 102
-
41 697
-
Employer
44 346
-
103 031
-
social contributions
10 532
-
24 469
-
total
10 532
-
24 469
-
Corporate
72 622
127 500
-
-
surtax
-
-
-
-
income
15 251
26 775
-
-
total
15 251
26 775
-
-
Dividends
57 371
100 725
-
-
withholding
16 063
28 204
-
-
total
16 063
28 204
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 948
54 979
66 166
57 789
After tax
71 552
72 521
61 334
69 711
Living cost
30 244
30 244
30 244
30 244
Free-cash
41 308
42 277
31 090
39 467

Estimated living cost  is ₽30244 per week

₽22629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28244
₽17688
₽25966
₽24319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 952
social contributions
-
-
-
3 632
health
-
-
-
4 069
income
-
-
-
16 539
pensions
-
-
-
26 772
surtax
-
-
-
-
total
-
-
-
54 964
Employee
60 390
-
101 161
-
surtax
-
-
-
-
social contributions
1 720
-
2 884
-
income
5 269
-
17 461
-
pensions
6 830
-
6 002
-
total
13 819
-
26 347
-
Employer
60 390
-
101 161
-
other
2 084
-
3 507
-
unemployment
2 446
-
4 097
-
health
4 227
-
8 140
-
pensions
9 923
-
10 291
-
social contributions
181
-
304
-
total
18 861
-
26 339
-
Corporate
48 249
127 500
-
-
surtax
-
-
-
-
income
13 509
35 700
-
-
total
13 509
35 700
-
-
Dividends
34 740
91 800
-
-
social contributions
5 976
15 791
-
-
surtax
-
-
-
-
withholding
4 446
11 751
-
-
total
10 422
27 542
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 611
63 242
52 686
54 964
After tax
70 889
64 258
74 814
72 536
Living cost
46 570
46 570
46 570
46 570
Free-cash
24 319
17 688
28 244
25 966

Estimated living cost  is ₽46570 per week

₽31518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
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.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽69764
₽85766
₽66377
₽82528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 089
social contributions
-
-
-
28 050
total
-
-
-
32 139
Employee
30 998
-
110 390
-
income
-
-
4 466
-
social contributions
2 015
-
7 176
-
total
2 015
-
11 642
-
Employer
30 998
-
110 390
-
social contributions
4 805
-
17 110
-
total
4 805
-
17 110
-
Corporate
91 697
127 500
-
-
income
9 169
12 750
-
-
total
9 169
12 750
-
-
Dividends
82 528
114 750
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
15 989
12 750
28 752
32 139
After tax
111 511
114 750
98 748
95 361
Living cost
28 984
28 984
28 984
28 984
Free-cash
82 528
85 766
69 764
66 377

Estimated living cost  is ₽28984 per week

₽18740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽82278
-₽82278
₽31259
-₽82278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 133
pensions
-
-
-
835
national
-
-
-
13 594
municipal
-
-
-
25 309
total
-
-
-
49 871
Employee
195 717
195 717
195 717
-
labour market
15 635
15 635
15 635
-
municipal
41 677
41 677
41 677
-
national
23 910
23 910
23 910
-
pensions
278
278
278
-
total
81 500
81 500
81 500
-
Employer
195 717
195 717
195 717
-
national
23 952
23 952
23 952
-
labour market
15 657
15 657
15 657
-
pensions
556
556
556
-
municipal
41 743
41 743
41 743
-
total
81 908
81 908
81 908
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
163 408
163 408
163 408
49 871
After tax
-35 908
-35 908
-35 908
77 629
Living cost
46 370
46 370
46 370
46 370
Free-cash
-82 278
-82 278
-82 278
31 259

Estimated living cost  is ₽46370 per week

₽31736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46566
-₽10806
₽66186
₽7085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
33 390
pensions
-
-
-
4 057
total
-
-
-
40 180
Employee
33 245
-
112 138
-
income
4 561
-
24 159
-
pensions
3 744
-
7 439
-
health
3 807
-
12 840
-
total
12 112
-
44 438
-
Employer
33 245
-
112 138
-
unemployment
815
-
2 747
-
accident
555
-
1 873
-
pensions
5 406
-
10 742
-
total
6 776
-
15 362
-
Corporate
87 480
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.

78 731
114 750
-
-
total
78 731
114 750
-
-
Dividends
8 748
12 750
-
-
withholding
1 662
2 422
-
-
total
1 662
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
99 281
117 172
59 800
40 180
After tax
28 219
10 328
67 700
87 320
Living cost
21 134
21 134
21 134
21 134
Free-cash
7 085
-10 806
46 566
66 186

Estimated living cost  is ₽21134 per week

₽15383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32560
₽45382
₽50041
₽46017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 561
national
-
-
-
16 211
municipal
-
-
-
22 669
total
-
-
-
40 441
Employee
50 729
-
107 259
-
municipal
8 309
-
17 489
-
national
838
-
10 096
-
pensions
3 423
-
7 240
-
health
379
-
1 250
-
unemployment
761
-
1 608
-
total
13 710
-
37 683
-
Employer
50 729
-
107 259
-
unemployment
329
-
697
-
health
390
-
825
-
accident
51
-
108
-
pensions
8 801
-
18 609
-
total
9 571
-
20 239
-
Corporate
67 200
127 500
-
-
income
13 440
25 499
-
-
total
13 440
25 499
-
-
Dividends

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

40 320
76 500
-
-
national
487
5 830
-
-
municipal
7 257
13 771
-
-
total
7 744
19 601
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 465
45 100
57 922
40 441
After tax
83 035
82 400
69 578
87 059
Living cost
37 018
37 018
37 018
37 018
Free-cash
46 017
45 382
32 560
50 041

Estimated living cost  is ₽37018 per week

₽24180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65554
₽70827
₽66886
₽65578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
3 251
income
-
-
-
19 439
total
-
-
-
38 290
Employee
74 142
74 142
117 036
-
social contributions
2 803
6 153
8 300
-
income
8 073
6 863
18 868
-
health
575
1 261
1 989
-
total
11 451
14 277
29 157
-
Employer
74 142
74 142
117 036
-
health
624
1 372
2 165
-
social contributions
2 803
6 153
8 300
-
total
3 427
7 525
10 465
-
Corporate
90 298
45 832
-
-
income
11 288
5 729
-
-
total
11 288
5 729
-
-
Dividends
79 011
40 103
-
-
withholding
13 432
6 818
-
-
total
13 432
6 818
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 598
34 349
39 622
38 290
After tax
87 902
93 151
87 878
89 210
Living cost
22 324
22 324
22 324
22 324
Free-cash
65 578
70 827
65 554
66 886

Estimated living cost  is ₽22324 per week

₽13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70580
₽90275
₽89918
₽85369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 489
income
-
-
-
12 624
pensions
-
-
-
6 133
unemployment
-
-
-
27
total
-
-
-
22 273
Employee

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

22 132
-
118 077
-
income
1 513
-
10 232
-
pensions
3 319
-
13 723
-
health
1 881
-
7 776
-
unemployment
110
-
457
-
total
6 823
-
32 188
-
Employer

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

22 132
-
118 077
-
unemployment
110
-
457
-
health
951
-
3 934
-
pensions
1 217
-
5 032
-
total
2 278
-
9 423
-
Corporate
103 090
127 500
-
-
income
9 279
11 474
-
-
total
9 279
11 474
-
-
Dividends
93 812
116 026
-
-
withholding
8 442
10 442
-
-
total
8 442
10 442
-
-
Income
127 500
127 500
127 500
127 500
Total tax
26 822
21 916
41 611
22 273
After tax
100 678
105 584
85 889
105 227
Living cost
15 309
15 309
15 309
15 309
Free-cash
85 369
90 275
70 580
89 918

Estimated living cost  is ₽15309 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and 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 Podgorica model

Close
Valencia , Spain
₽40151
₽58984
₽44784
₽54265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
805
income
-
-
-
29 390
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
56 202
Employee
35 652
-
99 009
-
income
6 873
-
26 668
-
other
35
-
90
-
pensions
1 676
-
4 201
-
unemployment
553
-
1 385
-
total
9 137
-
32 344
-
Employer
35 652
-
99 009
-
other
285
-
715
-
unemployment
1 961
-
4 915
-
accident
706
-
1 769
-
pensions
8 413
-
21 092
-
total
11 365
-
28 491
-
Corporate
80 481
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.

12 073
19 125
-
-
total
12 073
19 125
-
-
Dividends
68 409
108 375
-
-
withholding
14 146
22 877
-
-
total
14 146
22 877
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 721
42 002
60 835
56 202
After tax
80 779
85 498
66 665
71 298
Living cost
26 514
26 514
26 514
26 514
Free-cash
54 265
58 984
40 151
44 784

Estimated living cost  is ₽26514 per week

₽17897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79920
₽77779
₽80048
₽77486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
942
income
-
-
-
43 430
pensions
-
-
-
1 299
total
-
-
-
45 671
Employee
2 713
-
126 038
-
income
525
-
43 362
-
pensions
244
-
585
-
health
136
-
325
-
unemployment
27
-
65
-
total
932
-
44 337
-
Employer
2 713
-
126 038
-
unemployment
54
-
130
-
health
258
-
617
-
pensions
298
-
715
-
total
610
-
1 462
-
Corporate
124 177
127 500
-
-
income
27 319
28 050
-
-
total
27 319
28 050
-
-
Dividends
96 858
99 450
-
-
withholding
19 372
19 890
-
-
total
19 372
19 890
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 233
47 940
45 799
45 671
After tax
79 267
79 560
81 701
81 829
Living cost
1 781
1 781
1 781
1 781
Free-cash
77 486
77 779
79 920
80 048

Estimated living cost  is ₽1781 per week

₽1058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56154
₽75491
₽56153
₽70761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 319
income
-
-
-
27 859
pensions
-
-
-
18 475
unemployment
-
-
-
1 066
total
-
-
-
54 719
Employee

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

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

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

25 074
-
114 781
-
income
3 456
-
27 859
-
pensions
3 510
-
9 948
-
health
1 291
-
3 659
-
unemployment
188
-
533
-
total
8 445
-
41 999
-
Employer

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

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

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

25 074
-
114 781
-
unemployment
188
-
533
-
health
1 291
-
3 659
-
pensions
3 009
-
8 527
-
total
4 488
-
12 719
-
Corporate
97 938
127 500
-
-
income
14 691
19 125
-
-
total
14 691
19 125
-
-
Dividends
83 247
108 375
-
-
withholding
12 487
16 256
-
-
total
12 487
16 256
-
-
Income
127 500
127 500
127 500
127 500
Total tax
40 111
35 381
54 718
54 719
After tax
87 389
92 119
72 782
72 781
Living cost
16 628
16 628
16 628
16 628
Free-cash
70 761
75 491
56 154
56 153

Estimated living cost  is ₽16628 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
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.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35340
₽46527
₽43717
₽46181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
44 306
income
-
-
-
13 483
surtax
-
-
-
-
total
-
-
-
57 789
Employee
37 423
-
103 031
-
surtax
-
-
-
-
social contributions
4 117
-
11 333
-
income
7 312
-
30 364
-
total
11 429
-
41 697
-
Employer
37 423
-
103 031
-
social contributions
8 887
-
24 469
-
total
8 887
-
24 469
-
Corporate
81 190
127 500
-
-
surtax
-
-
-
-
income
17 050
26 775
-
-
total
17 050
26 775
-
-
Dividends
64 140
100 725
-
-
withholding
17 959
28 204
-
-
total
17 959
28 204
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 325
54 979
66 166
57 789
After tax
72 175
72 521
61 334
69 711
Living cost
25 994
25 994
25 994
25 994
Free-cash
46 181
46 527
35 340
43 717

Estimated living cost  is ₽25994 per week

₽18411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32779
₽51612
₽37412
₽44595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
805
income
-
-
-
29 390
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
56 202
Employee
46 567
-
99 009
-
income
9 726
-
26 668
-
other
46
-
90
-
pensions
2 188
-
4 201
-
unemployment
721
-
1 385
-
total
12 681
-
32 344
-
Employer
46 567
-
99 009
-
other
373
-
715
-
unemployment
2 562
-
4 915
-
accident
922
-
1 769
-
pensions
10 990
-
21 092
-
total
14 847
-
28 491
-
Corporate
66 087
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.

9 914
19 125
-
-
total
9 914
19 125
-
-
Dividends
56 173
108 375
-
-
withholding
11 577
22 877
-
-
total
11 577
22 877
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 019
42 002
60 835
56 202
After tax
78 481
85 498
66 665
71 298
Living cost
33 886
33 886
33 886
33 886
Free-cash
44 595
51 612
32 779
37 412

Estimated living cost  is ₽33886 per week

₽24336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
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.
₽6439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87747
₽92671
₽83174
₽86882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 816
income
-
-
-
19 125
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
27 985
Employee
21 638
-
120 990
-
income
2 164
-
12 099
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 900
-
2 913
-
health
995
-
1 526
-
total
5 297
-
16 903
-
Employer
21 638
-
120 990
-
unemployment
130
-
199
-
health
1 493
-
2 289
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

2 384
-
3 656
-
total
4 245
-
6 509
-
Corporate
101 617
127 500
-
-
income
10 162
12 750
-
-
total
10 162
12 750
-
-
Dividends
91 455
114 750
-
-
withholding
4 573
5 738
-
-
total
4 573
5 738
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 277
18 488
23 412
27 985
After tax
103 223
109 012
104 088
99 515
Living cost
16 341
16 341
16 341
16 341
Free-cash
86 882
92 671
87 747
83 174

Estimated living cost  is ₽16341 per week

₽10808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47062
₽28464
₽35198
₽41075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
34 716
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.

-
-
-
1 910
trade
-
-
-
11 864
total
-
-
-
55 077
Employee

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

47 975
-
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.

218
-
1 910
-
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.

3 945
-
34 716
-
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.

6 587
-
6 587
-
total
10 750
-
43 213
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 525
127 500
-
-
chamber of commerce
263
333
-
-
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.

657
1 052
-
-
trade
11 412
18 296
-
-
income
11 928
19 125
-
-
total
24 260
38 806
-
-
Dividends
55 264
88 695
-
-
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.

739
1 198
-
-
withholding
13 451
21 807
-
-
total
14 190
23 005
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 200
61 811
43 213
55 077
After tax
78 300
65 689
84 287
72 423
Living cost
37 225
37 225
37 225
37 225
Free-cash
41 075
28 464
47 062
35 198

Estimated living cost  is ₽37225 per week

₽25679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25517
₽34326
₽25517
₽36453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 064
social contributions
-
-
-
11 994
total
-
-
-
47 058
Employee
75 422
-
127 500
-
income
14 232
-
35 064
-
social contributions
6 266
-
11 994
-
total
20 498
-
47 058
-
Employer
75 422
-
127 500
-
total
-
-
-
-
Corporate
52 078
127 500
-
-
income
6 510
15 937
-
-
total
6 510
15 937
-
-
Dividends
45 568
111 563
-
-
withholding
9 114
22 312
-
-
total
9 114
22 312
-
-
Income
127 500
127 500
127 500
127 500
Total tax
36 122
38 249
47 058
47 058
After tax
91 378
89 251
80 442
80 442
Living cost
54 925
54 925
54 925
54 925
Free-cash
36 453
34 326
25 517
25 517

Estimated living cost  is ₽54925 per week

₽41786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4476
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.
₽8139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58238
₽42779
₽59126
₽46149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 446
health

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

-
-
-
5 927
total
-
-
-
33 373
Employee
44 232
-
123 065
-
income
4 799
-
25 391
-
social contributions
4 432
-
4 435
-
total
9 231
-
29 826
-
Employer
44 232
-
123 065
-
social contributions
4 432
-
4 435
-
total
4 432
-
4 435
-
Corporate
78 836
127 500
-
-
income
27 593
44 626
-
-
total
27 593
44 626
-
-
Dividends
51 244
82 874
-
-
social contributions
5 094
5 094
-
-
total
5 094
5 094
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 350
49 720
34 261
33 373
After tax
81 150
77 780
93 239
94 127
Living cost
35 001
35 001
35 001
35 001
Free-cash
46 149
42 779
58 238
59 126

Estimated living cost  is ₽35001 per week

₽23055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40222
₽52270
₽51993
₽54416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 004
pensions
-
-
-
7 810
total
-
-
-
39 814
Employee
48 994
-
111 766
-
income
8 922
-
24 155
-
health
639
-
1 782
-
pensions
3 739
-
9 913
-
total
13 300
-
35 850
-
Employer
48 994
-
111 766
-
health
931
-
2 123
-
pensions
4 950
-
13 612
-
total
5 881
-
15 735
-
Corporate
72 625
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.

13 798
24 225
-
-
total
13 798
24 225
-
-
Dividends
58 827
103 275
-
-
withholding
4 412
15 312
-
-
total
4 412
15 312
-
-
Income
127 500
127 500
127 500
127 500
Total tax
37 391
39 537
51 585
39 814
After tax
90 109
87 963
75 915
87 686
Living cost
35 693
35 693
35 693
35 693
Free-cash
54 416
52 270
40 222
51 993

Estimated living cost  is ₽35693 per week

₽24485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44474
-₽12898
₽64094
₽6766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
33 390
pensions
-
-
-
4 057
total
-
-
-
40 180
Employee
36 536
-
112 138
-
income
5 012
-
24 159
-
pensions
4 114
-
7 439
-
health
4 183
-
12 840
-
total
13 309
-
44 438
-
Employer
36 536
-
112 138
-
unemployment
895
-
2 747
-
accident
610
-
1 873
-
pensions
5 940
-
10 742
-
total
7 445
-
15 362
-
Corporate
83 518
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.

75 167
114 750
-
-
total
75 167
114 750
-
-
Dividends
8 352
12 750
-
-
withholding
1 587
2 422
-
-
total
1 587
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
97 508
117 172
59 800
40 180
After tax
29 992
10 328
67 700
87 320
Living cost
23 226
23 226
23 226
23 226
Free-cash
6 766
-12 898
44 474
64 094

Estimated living cost  is ₽23226 per week

₽17045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
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.
₽4359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72933
₽94284
₽59046
₽89779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 385
health insurance
-
-
-
9 435
work injury
-
-
-
637
pensions
-
-
-
23 460
unemployment
-
-
-
1 530
total
-
-
-
55 447
Employee

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

20 811
-
127 500
-
income
2 081
-
20 385
-
work injury
104
-
385
-
health insurance
1 540
-
5 698
-
pensions
3 829
-
14 168
-
unemployment
250
-
924
-
total
7 804
-
41 560
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 689
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%.

1 067
1 275
-
-
total
1 067
1 275
-
-
Dividends
105 622
126 225
-
-
withholding
15 843
18 934
-
-
total
15 843
18 934
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 714
20 209
41 560
55 447
After tax
102 786
107 291
85 940
72 053
Living cost
13 007
13 007
13 007
13 007
Free-cash
89 779
94 284
72 933
59 046

Estimated living cost  is ₽13007 per week

₽8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17523
₽28745
₽23354
₽24362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
29 256
regional
-
-
-
2 833
municipal
-
-
-
853
total
-
-
-
65 735
Employee
81 250
-
127 500
-
social contributions
27 397
-
42 994
-
municipal
485
-
761
-
national
13 730
-
25 379
-
regional
1 227
-
2 432
-
total
42 839
-
71 566
-
Employer
81 250
-
127 500
-
total
-
-
-
-
Corporate
46 250
127 500
-
-
nationa
11 099
30 601
-
-
municipal
2 229
6 146
-
-
total
13 328
36 747
-
-
Dividends
32 922
90 753
-
-
withholding
8 560
23 597
-
-
total
8 560
23 597
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 727
60 344
71 566
65 735
After tax
62 773
67 156
55 934
61 765
Living cost
38 411
38 411
38 411
38 411
Free-cash
24 362
28 745
17 523
23 354

Estimated living cost  is ₽38411 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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