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
₽35477
₽55251
₽42155
₽46030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
127 500
income

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

-
-
-
34 917
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.

-
-
-
1 921
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.

-
-
-
6 517
trade
-
-
-
13 096
total
-
-
-
56 451
Employee

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

36 486
-
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.

56
-
1 921
-
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.

1 019
-
34 917
-
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.

6 517
-
6 517
-
total
7 592
-
43 355
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 014
127 500
-
-
income
13 651
19 126
-
-
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.

751
1 052
-
-
chamber of commerce
275
328
-
-
trade
14 336
20 081
-
-
total
29 013
40 587
-
-
Dividends
62 001
86 914
-
-
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.

833
1 175
-
-
withholding
15 138
21 367
-
-
total
15 971
22 542
-
-
Income
127 500
127 500
127 500
127 500
Total tax
52 576
63 129
43 355
56 451
After tax
74 924
64 371
84 145
71 049
Living cost
28 894
28 894
28 894
28 894
Free-cash
46 030
35 477
55 251
42 155

Estimated living cost  is ₽28894 per week

₽18175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28469
₽26030
₽25030
₽27619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
1 371
municipal
-
-
-
13 613
national
-
-
-
21 095
pensions
-
-
-
15 300
total
-
-
-
51 379
Employee
79 201
-
110 223
-
municipal
9 783
-
14 107
-
pensions
3 168
-
4 409
-
national
15 159
-
21 860
-
total
28 110
-
40 376
-
Employer
79 201
-
110 223
-
pensions
6 336
-
8 818
-
social contributions
851
-
1 185
-
total
7 187
-
10 003
-
Corporate
35 884
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%.

7 177
25 500
-
-
total
7 177
25 500
-
-
Dividends
28 707
102 000
-
-
withholding
6 316
22 440
-
-
total
6 316
22 440
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 790
47 940
50 379
51 379
After tax
78 710
79 560
77 121
76 121
Living cost
51 091
51 091
51 091
51 091
Free-cash
27 619
28 469
26 030
25 030

Estimated living cost  is ₽51091 per week

₽34726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82154
₽51653
₽18759
₽74329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
127 500
income
-
-
-
19 833
surtax
-
-
-
32 513
social contributions

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

-
-
-
36 549
microenterprise
-
-
-
-
total
-
-
-
88 895
Employee
27 874
-
102 748
-
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.

3 067
-
11 302
-
income
4 962
-
19 947
-
total
8 029
-
31 249
-
Employer
27 874
-
102 748
-
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.

6 714
-
24 752
-
surtax
-
-
-
-
total
6 714
-
24 752
-
Corporate
92 911
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%.

18 582
25 500
-
-
total
18 582
25 500
-
-
Dividends

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

74 329
102 000
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
33 325
25 500
56 001
88 895
After tax
94 175
102 000
71 499
38 605
Living cost
19 846
19 846
19 846
19 846
Free-cash
74 329
82 154
51 653
18 759

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22558
₽33536
₽33248
₽16712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
31 350
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
54 290
Employee
81 462
81 462
109 772
-
pensions
14 663
11 177
11 177
-
income

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

13 334
13 334
13 334
-
health
12 504
10 635
11 763
-
total
40 501
35 146
36 274
-
Employer
81 462
81 462
109 772
-
health
5 663
5 663
7 037
-
pensions
5 670
5 670
7 047
-
unemployment
2 933
2 933
3 644
-
total
14 266
14 266
17 728
-
Corporate
32 772
31 773
-
-
income
6 555
6 354
-
-
total
6 555
6 354
-
-
Dividends
26 217
25 419
-
-
income
5 572
5 402
-
-
withholding
3 932
3 812
-
-
total
9 504
9 214
-
-
Income
127 500
127 500
127 500
127 500
Total tax
70 826
64 980
54 002
54 290
After tax
56 674
62 520
73 498
73 210
Living cost
39 962
39 962
39 962
39 962
Free-cash
16 712
22 558
33 536
33 248

Estimated living cost  is ₽39962 per week

₽28320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30468
₽27506
₽28560
₽29588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
172
other
-
-
-
9 970
unemployment
-
-
-
86
health
-
-
-
5 354
municipal
-
-
-
30 609
national
-
-
-
4 327
pensions
-
-
-
9 275
total
-
-
-
59 793
Employee
55 781
-
100 543
-
municipal
16 634
-
29 982
-
national
-
-
3 907
-
total
16 634
-
33 889
-
Employer
55 781
-
100 543
-
health
3 430
-
5 276
-
pensions
6 030
-
9 275
-
accident
112
-
172
-
unemployment
1 473
-
2 265
-
other
6 482
-
9 970
-
total
17 527
-
26 958
-
Corporate
54 193
127 500
-
-
income
11 923
28 050
-
-
total
11 923
28 050
-
-
Dividends
42 271
99 450
-
-
withholding
12 681
29 835
-
-
total
12 681
29 835
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 765
57 885
60 847
59 793
After tax
68 735
69 615
66 653
67 707
Living cost
39 147
39 147
39 147
39 147
Free-cash
29 588
30 468
27 506
28 560

Estimated living cost  is ₽39147 per week

₽25945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26241
₽46670
₽32992
₽39645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
127 500
income

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

-
-
-
34 917
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.

-
-
-
1 921
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.

-
-
-
6 517
trade
-
-
-
13 678
total
-
-
-
57 033
Employee

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

48 376
-
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.

228
-
1 921
-
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.

4 156
-
34 917
-
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.

6 517
-
6 517
-
total
10 901
-
43 355
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 124
127 500
-
-
income
11 868
19 126
-
-
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.

654
1 052
-
-
chamber of commerce
257
326
-
-
trade
13 016
20 974
-
-
total
25 795
41 478
-
-
Dividends
53 329
86 023
-
-
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.

713
1 162
-
-
withholding
12 971
21 144
-
-
total
13 684
22 306
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 380
63 784
43 355
57 033
After tax
77 120
63 716
84 145
70 467
Living cost
37 475
37 475
37 475
37 475
Free-cash
39 645
26 241
46 670
32 992

Estimated living cost  is ₽37475 per week

₽25063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62204
₽56919
₽58236
₽58248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
19 638
social contributions
-
-
-
15 434
health
-
-
-
3 251
total
-
-
-
38 323
Employee
73 353
73 353
117 122
-
social contributions
3 564
6 088
8 211
-
income
7 703
6 790
19 060
-
health
730
1 247
1 991
-
total
11 997
14 125
29 262
-
Employer
73 353
73 353
117 122
-
health
795
1 358
2 167
-
social contributions
3 564
6 088
8 211
-
total
4 359
7 446
10 378
-
Corporate
80 203
46 701
-
-
income
10 025
5 838
-
-
total
10 025
5 838
-
-
Dividends
70 178
40 863
-
-
withholding
11 930
6 946
-
-
total
11 930
6 946
-
-
Income
127 500
127 500
127 500
127 500
Total tax
38 311
34 355
39 640
38 323
After tax
89 189
93 145
87 860
89 177
Living cost
30 941
30 941
30 941
30 941
Free-cash
58 248
62 204
56 919
58 236

Estimated living cost  is ₽30941 per week

₽21151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54172
₽56374
₽70785
₽54538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 319
10 077
106 695
-
unemployment
380
151
1 600
-
pensions
2 532
1 008
10 669
-
income
3 095
1 232
13 043
-
health
1 772
705
7 469
-
total
7 779
3 096
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.

25 319
10 077
106 695
-
pensions
4 937
1 965
20 805
-
total
4 937
1 965
20 805
-
Corporate
97 244
115 458
-
-
income
8 752
10 391
-
-
total
8 752
10 391
-
-
Dividends
88 492
105 067
-
-
social contributions
17 141
20 373
-
-
withholding
16 813
19 963
-
-
total
33 954
40 336
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 422
55 788
53 586
39 175
After tax
72 078
71 712
73 914
88 325
Living cost
17 540
17 540
17 540
17 540
Free-cash
54 538
54 172
56 374
70 785

Estimated living cost  is ₽17540 per week

₽11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78959
₽50448
₽45299
₽73033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
17 085
health
-
-
-
16 575
pensions
-
-
-
25 500
total
-
-
-
59 160
Employee
27 062
-
95 292
-
unemployment
433
-
1 524
-
pensions
541
-
1 906
-
income
3 047
-
18 372
-
total
4 021
-
21 802
-
Employer
27 062
-
95 292
-
health
3 517
-
12 388
-
pensions
5 413
-
19 059
-
unemployment
217
-
762
-
total
9 147
-
32 209
-
Corporate
91 291
127 500
-
-
income
18 258
25 500
-
-
total
18 258
25 500
-
-
Dividends
73 033
102 000
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
31 426
25 500
54 011
59 160
After tax
96 074
102 000
73 489
68 340
Living cost
23 041
23 041
23 041
23 041
Free-cash
73 033
78 959
50 448
45 299

Estimated living cost  is ₽23041 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11004
₽46404
₽65985
₽7057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
245
income
-
-
-
33 431
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
40 184
Employee
33 555
-
112 195
-
pensions
3 778
-
7 397
-
income
4 603
-
24 217
-
health
3 842
-
12 846
-
total
12 223
-
44 460
-
Employer
33 555
-
112 195
-
pensions
5 456
-
10 682
-
accident
560
-
1 874
-
unemployment
822
-
2 749
-
total
6 838
-
15 305
-
Corporate
87 106
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.

78 396
114 750
-
-
total
78 396
114 750
-
-
Dividends
8 711
12 750
-
-
withholding
1 655
2 423
-
-
total
1 655
2 423
-
-
Income
127 500
127 500
127 500
127 500
Total tax
99 112
117 173
59 765
40 184
After tax
28 388
10 327
67 735
87 316
Living cost
21 331
21 331
21 331
21 331
Free-cash
7 057
-11 004
46 404
65 985

Estimated living cost  is ₽21331 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
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.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113333
₽94208
₽118433
₽111872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 740
-
127 500
-
income
1 948
-
25 500
-
total
1 948
-
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%.

117 760
127 500
-
-
total
-
-
-
-
Dividends
117 760
127 500
-
-
withholding
5 888
6 375
-
-
total
5 888
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
7 836
6 375
25 500
1 275
After tax
119 664
121 125
102 000
126 225
Living cost
7 792
7 792
7 792
7 792
Free-cash
111 872
113 333
94 208
118 433

Estimated living cost  is ₽7792 per week

₽4829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68254
₽47815
₽42543
₽61814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
17 272
other
-
-
-
6 055
health
-
-
-
5 610
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
-
-
-
59 538
Employee
34 636
-
101 834
-
unemployment
346
-
1 019
-
pensions

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

2 424
-
7 129
-
income
5 963
-
19 028
-
health
485
-
1 426
-
total
9 218
-
28 602
-
Employer
34 636
-
101 834
-
health
485
-
1 426
-
pensions

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

5 889
-
17 312
-
accident
277
-
815
-
unemployment
346
-
1 019
-
other
1 732
-
5 092
-
total
8 729
-
25 664
-
Corporate
84 134
127 500
-
-
income
17 668
26 776
-
-
total
17 668
26 776
-
-
Dividends
66 466
100 724
-
-
withholding
4 652
7 051
-
-
total
4 652
7 051
-
-
Income
127 500
127 500
127 500
127 500
Total tax
40 267
33 827
54 266
59 538
After tax
87 233
93 673
73 234
67 962
Living cost
25 419
25 419
25 419
25 419
Free-cash
61 814
68 254
47 815
42 543

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24396
₽12445
₽24201
₽19238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 277
pensions
-
-
-
7 731
total
-
-
-
40 008
Employee
89 547
-
111 740
-
pensions
8 639
-
9 796
-
income
16 142
-
24 437
-
health
1 476
-
1 772
-
total
26 257
-
36 005
-
Employer
89 547
-
111 740
-
health
1 701
-
2 124
-
pensions
10 573
-
13 635
-
total
12 274
-
15 759
-
Corporate
25 679
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.

4 879
24 224
-
-
total
4 879
24 224
-
-
Dividends
20 800
103 276
-
-
withholding
1 561
15 589
-
-
total
1 561
15 589
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 971
39 813
51 764
40 008
After tax
82 529
87 687
75 736
87 492
Living cost
63 291
63 291
63 291
63 291
Free-cash
19 238
24 396
12 445
24 201

Estimated living cost  is ₽63291 per week

₽47425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96505
₽91532
₽86970
₽92074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
19 125
unemployment
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
28 022
Employee
16 563
-
120 962
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
pensions

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

1 454
-
2 926
-
income
1 656
-
12 096
-
health
762
-
1 533
-
total
4 054
-
16 922
-
Employer
16 563
-
120 962
-
health
1 143
-
2 299
-
pensions

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

1 825
-
3 672
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
unemployment
99
-
200
-
total
3 249
-
6 538
-
Corporate
107 688
127 500
-
-
income
10 769
12 750
-
-
total
10 769
12 750
-
-
Dividends
96 918
114 750
-
-
withholding
4 846
5 737
-
-
total
4 846
5 737
-
-
Income
127 500
127 500
127 500
127 500
Total tax
22 918
18 487
23 460
28 022
After tax
104 582
109 013
104 040
99 478
Living cost
12 508
12 508
12 508
12 508
Free-cash
92 074
96 505
91 532
86 970

Estimated living cost  is ₽12508 per week

₽7302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9623
₽20601
₽20313
₽12022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
31 350
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
54 290
Employee
88 442
81 462
109 772
-
pensions
11 177
11 177
11 177
-
income

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

13 334
13 334
13 334
-
health
11 034
10 635
11 763
-
total
35 545
35 146
36 274
-
Employer
88 442
81 462
109 772
-
health
6 146
5 663
7 037
-
pensions
6 155
5 670
7 047
-
unemployment
3 184
2 933
3 644
-
total
15 485
14 266
17 728
-
Corporate
23 573
31 773
-
-
income
4 714
6 354
-
-
total
4 714
6 354
-
-
Dividends
18 859
25 419
-
-
income
4 008
5 402
-
-
withholding
2 829
3 812
-
-
total
6 837
9 214
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 581
64 980
54 002
54 290
After tax
64 919
62 520
73 498
73 210
Living cost
52 897
52 897
52 897
52 897
Free-cash
12 022
9 623
20 601
20 313

Estimated living cost  is ₽52897 per week

₽39020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64047
₽40965
₽40974
₽55577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
11 420
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
-
health
-
-
-
17 212
total
-
-
-
62 789
Employee
34 907
-
95 149
-
solidarity contribution
-
-
-
-
social contributions
2 269
-
6 185
-
income
4 189
-
11 418
-
health
4 713
-
12 845
-
total
11 171
-
30 448
-
Employer
34 907
-
95 149
-
health
3 142
-
8 563
-
social contributions
8 727
-
23 787
-
total
11 869
-
32 350
-
Corporate
80 724
127 500
-
-
income
15 338
24 225
-
-
total
15 338
24 225
-
-
Dividends
65 387
103 275
-
-
withholding
9 808
15 491
-
-
total
9 808
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 186
39 716
62 798
62 789
After tax
79 314
87 784
64 702
64 711
Living cost
23 737
23 737
23 737
23 737
Free-cash
55 577
64 047
40 965
40 974

Estimated living cost  is ₽23737 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27772
₽16842
₽22906
₽22793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
32 793
regional
-
-
-
1 463
municipal
-
-
-
759
national
-
-
-
29 326
total
-
-
-
64 341
Employee
84 780
-
127 500
-
municipal
449
-
675
-
national
14 690
-
25 451
-
regional
800
-
1 287
-
social contributions
28 588
-
42 992
-
total
44 527
-
70 405
-
Employer
84 780
-
127 500
-
total
-
-
-
-
Corporate
42 720
127 500
-
-
municipal
1 665
4 973
-
-
nationa
10 253
30 601
-
-
total
11 918
35 574
-
-
Dividends
30 801
91 926
-
-
withholding
8 009
23 901
-
-
total
8 009
23 901
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 454
59 475
70 405
64 341
After tax
63 046
68 025
57 095
63 159
Living cost
40 253
40 253
40 253
40 253
Free-cash
22 793
27 772
16 842
22 906

Estimated living cost  is ₽40253 per week

₽28059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59147
₽37312
₽39447
₽56178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 356
other
-
-
-
-
surtax
-
-
-
3 928
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
67 003
Employee
31 546
-
105 330
-
other
-
-
-
-
unemployment
2 196
-
7 332
-
pensions
2 104
-
7 026
-
surtax
103
-
3 592
-
income
5 288
-
26 332
-
health
806
-
2 686
-
total
10 497
-
46 968
-
Employer
31 546
-
105 330
-
health
1 436
-
4 792
-
pensions
4 205
-
14 040
-
unemployment
999
-
3 338
-
other
-
-
-
-
total
6 640
-
22 170
-
Corporate
89 314
127 500
-
-
income
23 222
33 150
-
-
total
23 222
33 150
-
-
Dividends
66 092
94 350
-
-
withholding
9 913
14 153
-
-
total
9 913
14 153
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 272
47 303
69 138
67 003
After tax
77 228
80 197
58 362
60 497
Living cost
21 050
21 050
21 050
21 050
Free-cash
56 178
59 147
37 312
39 447

Estimated living cost  is ₽21050 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44448
₽32497
₽44253
₽44844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 277
pensions
-
-
-
7 731
total
-
-
-
40 008
Employee
60 012
-
111 740
-
pensions
5 094
-
9 796
-
income
10 808
-
24 437
-
health
871
-
1 772
-
total
16 773
-
36 005
-
Employer
60 012
-
111 740
-
health
1 140
-
2 124
-
pensions
6 496
-
13 635
-
total
7 636
-
15 759
-
Corporate
59 851
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.

11 371
24 224
-
-
total
11 371
24 224
-
-
Dividends
48 480
103 276
-
-
withholding
3 637
15 589
-
-
total
3 637
15 589
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 417
39 813
51 764
40 008
After tax
88 083
87 687
75 736
87 492
Living cost
43 239
43 239
43 239
43 239
Free-cash
44 844
44 448
32 497
44 253

Estimated living cost  is ₽43239 per week

₽32394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18105
₽22460
₽28741
₽14587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 549
regional
-
-
-
5 161
health
-
-
-
287
city
-
-
-
1 344
national
-
-
-
1 280
pensions
-
-
-
11 731
total
-
-
-
22 352
Employee
89 415
-
114 120
-
unemployment
-
-
-
-
pensions
7 512
-
9 584
-
national
423
-
1 003
-
regional
2 928
-
4 439
-
city
960
-
1 227
-
health
202
-
257
-
total
12 025
-
16 510
-
Employer
89 415
-
114 120
-
health
202
-
257
-
pensions
7 512
-
9 584
-
unemployment
-
-
-
-
other

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

1 788
-
2 282
-
total
9 502
-
12 123
-
Corporate
27 600
127 500
-
-
regional
5 838
26 965
-
-
national
2 345
10 838
-
-
total
8 183
37 803
-
-
Dividends
19 416
89 696
-
-
withholding
6 796
31 395
-
-
total
6 796
31 395
-
-
Income
127 500
127 500
127 500
127 500
Total tax
36 506
69 198
28 633
22 352
After tax
90 994
58 302
98 867
105 148
Living cost
76 407
76 407
76 407
76 407
Free-cash
14 587
-18 105
22 460
28 741

Estimated living cost  is ₽76407 per week

₽49686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19360
₽40445
₽26185
₽34831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
127 500
income

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

-
-
-
34 917
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.

-
-
-
1 921
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.

-
-
-
6 517
trade
-
-
-
14 260
total
-
-
-
57 615
Employee

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

57 330
-
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.

371
-
1 921
-
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.

6 741
-
34 917
-
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.

6 517
-
6 517
-
total
13 629
-
43 355
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 170
127 500
-
-
income
10 525
19 126
-
-
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.

579
1 052
-
-
chamber of commerce
244
324
-
-
trade
12 035
21 866
-
-
total
23 383
42 368
-
-
Dividends
46 787
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.

623
1 151
-
-
withholding
11 334
20 921
-
-
total
11 957
22 072
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 969
64 440
43 355
57 615
After tax
78 531
63 060
84 145
69 885
Living cost
43 700
43 700
43 700
43 700
Free-cash
34 831
19 360
40 445
26 185

Estimated living cost  is ₽43700 per week

₽31917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31624
₽41978
₽39869
₽37259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 683
other
-
-
-
3 952
surtax
-
-
-
-
social contributions
-
-
-
3 633
health
-
-
-
4 127
pensions
-
-
-
26 599
total
-
-
-
54 994
Employee
40 827
-
101 057
-
pensions
4 616
-
6 037
-
surtax
-
-
-
-
social contributions
1 164
-
2 878
-
income
2 409
-
17 530
-
total
8 189
-
26 445
-
Employer
40 827
-
101 057
-
health
2 858
-
8 180
-
pensions
6 707
-
10 343
-
unemployment
1 653
-
4 093
-
social contributions
123
-
302
-
other
1 408
-
3 522
-
total
12 749
-
26 440
-
Corporate
73 923
127 500
-
-
income
20 699
35 700
-
-
surtax
-
-
-
-
total
20 699
35 700
-
-
Dividends
53 225
91 800
-
-
surtax
-
-
-
-
social contributions
9 155
15 789
-
-
withholding
6 812
11 750
-
-
total
15 967
27 539
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 604
63 239
52 885
54 994
After tax
69 896
64 261
74 615
72 506
Living cost
32 637
32 637
32 637
32 637
Free-cash
37 259
31 624
41 978
39 869

Estimated living cost  is ₽32637 per week

₽20579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34857
₽45211
₽43102
₽40157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 683
other
-
-
-
3 952
surtax
-
-
-
-
social contributions
-
-
-
3 633
health
-
-
-
4 127
pensions
-
-
-
26 599
total
-
-
-
54 994
Employee
36 444
-
101 057
-
pensions
4 122
-
6 037
-
surtax
-
-
-
-
social contributions
1 039
-
2 878
-
income
1 879
-
17 530
-
total
7 040
-
26 445
-
Employer
36 444
-
101 057
-
health
2 551
-
8 180
-
pensions
5 988
-
10 343
-
unemployment
1 475
-
4 093
-
social contributions
109
-
302
-
other
1 258
-
3 522
-
total
11 381
-
26 440
-
Corporate
79 675
127 500
-
-
income
22 310
35 700
-
-
surtax
-
-
-
-
total
22 310
35 700
-
-
Dividends
57 365
91 800
-
-
surtax
-
-
-
-
social contributions
9 866
15 789
-
-
withholding
7 342
11 750
-
-
total
17 208
27 539
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 939
63 239
52 885
54 994
After tax
69 561
64 261
74 615
72 506
Living cost
29 404
29 404
29 404
29 404
Free-cash
40 157
34 857
45 211
43 102

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
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.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57560
₽60214
₽61651
₽58054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
19 126
social contributions
-
-
-
17 596
health
-
-
-
8 899
total
-
-
-
45 621
Employee
32 344
-
127 500
-
social contributions
4 464
-
17 596
-
income
5 395
-
20 563
-
health
2 257
-
8 899
-
total
12 116
-
47 058
-
Employer
32 344
-
127 500
-
total
-
-
-
-
Corporate
95 156
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%.

4 757
6 376
-
-
total
4 757
6 376
-
-
Dividends
90 399
121 124
-
-
social contributions
12 475
16 714
-
-
withholding
13 559
18 168
-
-
health
6 311
8 454
-
-
total
32 345
43 336
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 218
49 712
47 058
45 621
After tax
78 282
77 788
80 442
81 879
Living cost
20 228
20 228
20 228
20 228
Free-cash
58 054
57 560
60 214
61 651

Estimated living cost  is ₽20228 per week

₽13537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
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.
₽4976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37322
₽939
₽30747
₽35845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
27 449
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
510
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
63 140
Employee
47 673
38 016
98 861
-
other
476
380
988
-
unemployment
1 430
1 140
2 965
-
pensions
4 882
3 892
10 123
-
income
5 427
2 804
22 598
-
health
1 845
1 472
3 825
-
total
14 060
9 688
40 499
-
Employer
47 673
38 016
98 861
-
chamber of commerce
190
152
395
-
health
1 801
1 437
3 736
-
pensions
5 983
4 772
12 408
-
accident
619
494
1 285
-
unemployment
1 430
1 140
2 965
-
surtax
188
188
188
-
payroll
1 430
1 140
2 965
-
other
2 265
1 805
4 696
-
total
13 906
11 128
28 638
-
Corporate
65 920
78 355
95 241
-
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.

16 481
19 589
23 811
-
total
16 481
19 589
23 811
-
Dividends
49 439
58 766
-
-
withholding
13 595
16 160
-
-
total
13 595
16 160
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 042
56 565
92 948
63 140
After tax
69 458
70 935
34 552
64 360
Living cost
33 613
33 613
33 613
33 613
Free-cash
35 845
37 322
939
30 747

Estimated living cost  is ₽33613 per week

₽22418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36609
₽12370
₽21831
₽22302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
communal

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

-
-
-
6 441
social contributions
-
-
-
20 149
national
-
-
-
44 297
total
-
-
-
70 887
Employee

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

68 236
-
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.

594
-
860
-
communal

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

3 559
-
5 150
-
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.

5 118
-
7 406
-
national
20 978
-
33 544
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 206
-
4 642
-
total
33 455
-
51 602
-
Employer

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

68 236
-
98 753
-
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.

4 196
-
6 073
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6 046
-
8 749
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

887
-
1 285
-
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.

996
-
1 441
-
surtax
7 737
-
11 198
-
total
19 862
-
28 746
-
Corporate
39 402
127 500
-
-
income
7 880
25 500
-
-
surtax
157
510
-
-
total
8 037
26 010
-
-
Dividends
31 364
101 490
-
-
withholding

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

9 062
30 099
-
-
total
9 062
30 099
-
-
Income
127 500
127 500
127 500
127 500
Total tax
70 416
56 109
80 348
70 887
After tax
57 084
71 391
47 152
56 613
Living cost
34 782
34 782
34 782
34 782
Free-cash
22 302
36 609
12 370
21 831

Estimated living cost  is ₽34782 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
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.
₽8792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51025
₽32359
₽36943
₽43783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
797
income
-
-
-
29 579
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
56 106
Employee
47 485
-
99 312
-
other
47
-
89
-
unemployment
737
-
1 370
-
pensions
2 232
-
4 156
-
income
10 019
-
26 887
-
total
13 035
-
32 502
-
Employer
47 485
-
99 312
-
pensions
11 206
-
20 867
-
accident
940
-
1 751
-
unemployment
2 612
-
4 862
-
other
378
-
708
-
total
15 136
-
28 188
-
Corporate
64 880
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.

9 732
19 126
-
-
total
9 732
19 126
-
-
Dividends
55 148
108 374
-
-
withholding
11 363
22 898
-
-
total
11 363
22 898
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 266
42 024
60 690
56 106
After tax
78 234
85 476
66 810
71 394
Living cost
34 451
34 451
34 451
34 451
Free-cash
43 783
51 025
32 359
36 943

Estimated living cost  is ₽34451 per week

₽25369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24729
₽20816
₽15733
₽14880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
communal
-
-
-
8 058
accident
-
-
-
1 075
income
-
-
-
16 402
surtax
-
-
-
6 321
health
-
-
-
8 959
pensions
-
-
-
19 111
total
-
-
-
59 926
Employee
72 241
-
113 890
-
pensions
5 778
-
9 111
-
surtax
4 428
-
6 980
-
income
6 978
-
20 073
-
health
3 215
-
5 069
-
total
20 399
-
41 233
-
Employer
72 241
-
113 890
-
health
2 203
-
3 474
-
pensions
5 778
-
9 111
-
accident
650
-
1 025
-
total
8 631
-
13 610
-
Corporate
46 628
127 500
-
-
communal
3 148
8 606
-
-
income
6 995
19 126
-
-
surtax
489
1 340
-
-
total
10 632
29 072
-
-
Dividends
35 996
98 429
-
-
income
15 717
7 093
-
-
withholding
5 400
14 765
-
-
total
21 117
21 858
-
-
Income
127 500
127 500
127 500
127 500
Total tax
60 779
50 930
54 843
59 926
After tax
66 721
76 570
72 657
67 574
Living cost
51 841
51 841
51 841
51 841
Free-cash
14 880
24 729
20 816
15 733

Estimated living cost  is ₽51841 per week

₽38888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
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.
₽9261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58771
₽36936
₽39071
₽55738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 356
other
-
-
-
-
surtax
-
-
-
3 928
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
67 003
Employee
32 125
-
105 330
-
other
-
-
-
-
unemployment
2 236
-
7 332
-
pensions
2 143
-
7 026
-
surtax
114
-
3 592
-
income
5 386
-
26 332
-
health
820
-
2 686
-
total
10 699
-
46 968
-
Employer
32 125
-
105 330
-
health
1 461
-
4 792
-
pensions
4 283
-
14 040
-
unemployment
1 019
-
3 338
-
other
-
-
-
-
total
6 763
-
22 170
-
Corporate
88 612
127 500
-
-
income
23 039
33 150
-
-
total
23 039
33 150
-
-
Dividends
65 572
94 350
-
-
withholding
9 835
14 153
-
-
total
9 835
14 153
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 336
47 303
69 138
67 003
After tax
77 164
80 197
58 362
60 497
Living cost
21 426
21 426
21 426
21 426
Free-cash
55 738
58 771
36 936
39 071

Estimated living cost  is ₽21426 per week

₽12936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41320
₽30970
₽37002
₽39202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
32 793
regional
-
-
-
1 923
municipal
-
-
-
759
national
-
-
-
29 326
total
-
-
-
64 801
Employee
52 916
-
127 500
-
municipal
281
-
675
-
national
8 383
-
25 451
-
regional
712
-
1 715
-
social contributions
17 844
-
42 992
-
total
27 220
-
70 833
-
Employer
52 916
-
127 500
-
total
-
-
-
-
Corporate
74 584
127 500
-
-
municipal
3 707
6 336
-
-
nationa
17 900
30 601
-
-
total
21 607
36 937
-
-
Dividends
52 976
90 563
-
-
withholding
13 774
23 546
-
-
total
13 774
23 546
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 601
60 483
70 833
64 801
After tax
64 899
67 017
56 667
62 699
Living cost
25 697
25 697
25 697
25 697
Free-cash
39 202
41 320
30 970
37 002

Estimated living cost  is ₽25697 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58534
₽35452
₽35461
₽48099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
11 420
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
-
health
-
-
-
17 212
total
-
-
-
62 789
Employee
43 015
-
95 149
-
solidarity contribution
-
-
-
-
social contributions
2 796
-
6 185
-
income
5 162
-
11 418
-
health
5 807
-
12 845
-
total
13 765
-
30 448
-
Employer
43 015
-
95 149
-
health
3 871
-
8 563
-
social contributions
10 754
-
23 787
-
total
14 625
-
32 350
-
Corporate
69 860
127 500
-
-
income
13 273
24 225
-
-
total
13 273
24 225
-
-
Dividends
56 587
103 275
-
-
withholding
8 488
15 491
-
-
total
8 488
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 151
39 716
62 798
62 789
After tax
77 349
87 784
64 702
64 711
Living cost
29 250
29 250
29 250
29 250
Free-cash
48 099
58 534
35 452
35 461

Estimated living cost  is ₽29250 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40602
₽4145
₽34114
₽40129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
27 449
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
510
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
62 952
Employee
41 699
38 016
99 004
-
other
416
380
990
-
unemployment
1 251
1 140
2 971
-
pensions
4 270
3 892
10 138
-
income
3 715
2 804
22 647
-
health
1 613
1 472
3 832
-
total
11 265
9 688
40 578
-
Employer
41 699
38 016
99 004
-
chamber of commerce
167
152
396
-
health
1 577
1 437
3 742
-
pensions
5 234
4 772
12 426
-
accident
541
494
1 287
-
unemployment
1 251
1 140
2 971
-
surtax
-
-
-
-
payroll
1 251
1 140
2 971
-
other
1 980
1 805
4 703
-
total
12 001
10 940
28 496
-
Corporate
73 800
78 543
95 384
-
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.

18 450
19 636
23 847
-
total
18 450
19 636
23 847
-
Dividends
55 350
58 907
-
-
withholding
15 221
16 200
-
-
total
15 221
16 200
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 937
56 464
92 921
62 952
After tax
70 563
71 036
34 579
64 548
Living cost
30 434
30 434
30 434
30 434
Free-cash
40 129
40 602
4 145
34 114

Estimated living cost  is ₽30434 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108983
₽89858
₽114083
₽106706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 178
-
127 500
-
income
3 036
-
25 500
-
total
3 036
-
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%.

112 322
127 500
-
-
total
-
-
-
-
Dividends
112 322
127 500
-
-
withholding
5 616
6 375
-
-
total
5 616
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
8 652
6 375
25 500
1 275
After tax
118 848
121 125
102 000
126 225
Living cost
12 142
12 142
12 142
12 142
Free-cash
106 706
108 983
89 858
114 083

Estimated living cost  is ₽12142 per week

₽8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62197
₽35317
₽38740
₽54219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
127 500
income
-
-
-
27 148
unemployment
-
-
-
192
health
-
-
-
12 547
pensions
-
-
-
23 286
total
-
-
-
63 173
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.

42 183
-
110 322
-
unemployment
60
-
154
-
pensions
6 539
-
17 100
-
income
7 274
-
25 037
-
health
2 724
-
7 127
-
total
16 597
-
49 418
-
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.

42 183
-
110 322
-
health
2 810
-
7 348
-
pensions
3 733
-
9 763
-
unemployment
25
-
67
-
total
6 568
-
17 178
-
Corporate
78 749
127 500
-
-
income
14 962
24 225
-
-
total
14 962
24 225
-
-
Dividends
63 787
103 275
-
-
withholding
9 567
15 491
-
-
total
9 567
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
47 694
39 716
66 596
63 173
After tax
79 806
87 784
60 904
64 327
Living cost
25 587
25 587
25 587
25 587
Free-cash
54 219
62 197
35 317
38 740

Estimated living cost  is ₽25587 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36205
₽73522
₽46747
-₽15444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
24 852
social contributions
-
-
-
14 535
total
-
-
-
39 387
Employee
59 313
-
-
-
social contributions
4 864
-
693
-
income
13 083
-
-
-
total
17 947
-
693
-
Employer
59 313
-
-
-
social contributions
83 631
-
11 919
-
total
83 631
-
11 919
-
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
101 578
49 929
12 612
39 387
After tax
25 922
77 571
114 888
88 113
Living cost
41 366
41 366
41 366
41 366
Free-cash
-15 444
36 205
73 522
46 747

Estimated living cost  is ₽41366 per week

₽26840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42600
₽31294
₽39730
₽41640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
127 500
income
-
-
-
13 542
surtax
-
-
-
-
social contributions

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

-
-
-
44 306
total
-
-
-
57 848
Employee
43 874
-
103 031
-
surtax
-
-
-
-
social contributions
4 826
-
11 334
-
income
9 126
-
30 481
-
total
13 952
-
41 815
-
Employer
43 874
-
103 031
-
social contributions
10 420
-
24 469
-
total
10 420
-
24 469
-
Corporate
73 206
127 500
-
-
income
15 373
26 776
-
-
surtax
-
-
-
-
total
15 373
26 776
-
-
Dividends
57 834
100 724
-
-
withholding
16 193
28 202
-
-
total
16 193
28 202
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 938
54 978
66 284
57 848
After tax
71 562
72 522
61 216
69 652
Living cost
29 922
29 922
29 922
29 922
Free-cash
41 640
42 600
31 294
39 730

Estimated living cost  is ₽29922 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18187
₽28541
₽26432
₽24745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 683
other
-
-
-
3 952
surtax
-
-
-
-
social contributions
-
-
-
3 633
health
-
-
-
4 127
pensions
-
-
-
26 599
total
-
-
-
54 994
Employee
59 747
-
101 057
-
pensions
6 758
-
6 037
-
surtax
-
-
-
-
social contributions
1 702
-
2 878
-
income
5 213
-
17 530
-
total
13 673
-
26 445
-
Employer
59 747
-
101 057
-
health
4 182
-
8 180
-
pensions
9 817
-
10 343
-
unemployment
2 420
-
4 093
-
social contributions
179
-
302
-
other
2 062
-
3 522
-
total
18 660
-
26 440
-
Corporate
49 093
127 500
-
-
income
13 745
35 700
-
-
surtax
-
-
-
-
total
13 745
35 700
-
-
Dividends
35 347
91 800
-
-
surtax
-
-
-
-
social contributions
6 079
15 789
-
-
withholding
4 524
11 750
-
-
total
10 603
27 539
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 681
63 239
52 885
54 994
After tax
70 819
64 261
74 615
72 506
Living cost
46 074
46 074
46 074
46 074
Free-cash
24 745
18 187
28 541
26 432

Estimated living cost  is ₽46074 per week

₽31182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86075
₽70011
₽66622
₽82871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 153
social contributions
-
-
-
28 050
total
-
-
-
32 203
Employee
30 668
-
110 389
-
income
-
-
4 529
-
social contributions
1 993
-
7 174
-
total
1 993
-
11 703
-
Employer
30 668
-
110 389
-
social contributions
4 754
-
17 111
-
total
4 754
-
17 111
-
Corporate
92 078
127 500
-
-
income
9 207
12 750
-
-
total
9 207
12 750
-
-
Dividends
82 871
114 750
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
15 954
12 750
28 814
32 203
After tax
111 546
114 750
98 686
95 297
Living cost
28 675
28 675
28 675
28 675
Free-cash
82 871
86 075
70 011
66 622

Estimated living cost  is ₽28675 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽80152
-₽80152
₽31630
-₽80152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 134
municipal
-
-
-
25 360
national
-
-
-
13 650
pensions
-
-
-
826
total
-
-
-
49 970
Employee
193 732
193 732
193 732
-
municipal
41 254
41 254
41 254
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
national
23 668
23 668
23 668
-
total
80 673
80 673
80 673
-
Employer
193 732
193 732
193 732
-
national
23 709
23 709
23 709
-
labour market
15 499
15 499
15 499
-
pensions
551
551
551
-
municipal
41 320
41 320
41 320
-
total
81 079
81 079
81 079
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
161 752
161 752
161 752
49 970
After tax
-34 252
-34 252
-34 252
77 530
Living cost
45 900
45 900
45 900
45 900
Free-cash
-80 152
-80 152
-80 152
31 630

Estimated living cost  is ₽45900 per week

₽31414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10690
₽46718
₽66299
₽7103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
245
income
-
-
-
33 431
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
40 184
Employee
33 061
-
112 195
-
pensions
3 723
-
7 397
-
income
4 536
-
24 217
-
health
3 786
-
12 846
-
total
12 045
-
44 460
-
Employer
33 061
-
112 195
-
pensions
5 376
-
10 682
-
accident
552
-
1 874
-
unemployment
810
-
2 749
-
total
6 738
-
15 305
-
Corporate
87 702
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.

78 931
114 750
-
-
total
78 931
114 750
-
-
Dividends
8 770
12 750
-
-
withholding
1 666
2 423
-
-
total
1 666
2 423
-
-
Income
127 500
127 500
127 500
127 500
Total tax
99 380
117 173
59 765
40 184
After tax
28 120
10 327
67 735
87 316
Living cost
21 017
21 017
21 017
21 017
Free-cash
7 103
-10 690
46 718
66 299

Estimated living cost  is ₽21017 per week

₽15298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45696
₽32837
₽50319
₽46418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 566
municipal
-
-
-
22 668
national
-
-
-
16 323
total
-
-
-
40 557
Employee
50 189
-
107 261
-
municipal
8 220
-
17 489
-
unemployment
753
-
1 609
-
pensions
3 387
-
7 239
-
national
829
-
10 208
-
health
375
-
1 255
-
total
13 564
-
37 800
-
Employer
50 189
-
107 261
-
health
386
-
825
-
pensions
8 707
-
18 610
-
accident
51
-
107
-
unemployment
326
-
697
-
total
9 470
-
20 239
-
Corporate
67 842
127 500
-
-
income
13 568
25 500
-
-
total
13 568
25 500
-
-
Dividends

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

40 705
76 500
-
-
municipal
7 326
13 771
-
-
national
530
5 909
-
-
total
7 856
19 680
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 458
45 180
58 039
40 557
After tax
83 042
82 320
69 461
86 943
Living cost
36 624
36 624
36 624
36 624
Free-cash
46 418
45 696
32 837
50 319

Estimated living cost  is ₽36624 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71059
₽65774
₽67091
₽65870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
19 638
social contributions
-
-
-
15 434
health
-
-
-
3 251
total
-
-
-
38 323
Employee
73 353
73 353
117 122
-
social contributions
2 773
6 088
8 211
-
income
7 987
6 790
19 060
-
health
568
1 247
1 991
-
total
11 328
14 125
29 262
-
Employer
73 353
73 353
117 122
-
health
617
1 358
2 167
-
social contributions
2 773
6 088
8 211
-
total
3 390
7 446
10 378
-
Corporate
90 694
46 701
-
-
income
11 336
5 838
-
-
total
11 336
5 838
-
-
Dividends
79 358
40 863
-
-
withholding
13 490
6 946
-
-
total
13 490
6 946
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 544
34 355
39 640
38 323
After tax
87 956
93 145
87 860
89 177
Living cost
22 086
22 086
22 086
22 086
Free-cash
65 870
71 059
65 774
67 091

Estimated living cost  is ₽22086 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90437
₽71034
₽90169
₽85583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
127 500
income
-
-
-
12 638
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
22 185
Employee

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

21 896
-
118 177
-
unemployment
109
-
453
-
pensions
3 284
-
13 577
-
income
1 497
-
10 273
-
health
1 861
-
7 694
-
total
6 751
-
31 997
-
Employer

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

21 896
-
118 177
-
health
941
-
3 892
-
pensions
1 204
-
4 978
-
unemployment
109
-
453
-
total
2 254
-
9 323
-
Corporate
103 350
127 500
-
-
income
9 301
11 475
-
-
total
9 301
11 475
-
-
Dividends
94 049
116 025
-
-
withholding
8 465
10 442
-
-
total
8 465
10 442
-
-
Income
127 500
127 500
127 500
127 500
Total tax
26 771
21 917
41 320
22 185
After tax
100 729
105 583
86 180
105 315
Living cost
15 146
15 146
15 146
15 146
Free-cash
85 583
90 437
71 034
90 169

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59244
₽40578
₽45162
₽54598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
797
income
-
-
-
29 579
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
56 106
Employee
35 273
-
99 312
-
other
34
-
89
-
unemployment
547
-
1 370
-
pensions
1 658
-
4 156
-
income
6 800
-
26 887
-
total
9 039
-
32 502
-
Employer
35 273
-
99 312
-
pensions
8 324
-
20 867
-
accident
699
-
1 751
-
unemployment
1 941
-
4 862
-
other
282
-
708
-
total
11 246
-
28 188
-
Corporate
80 982
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.

12 147
19 126
-
-
total
12 147
19 126
-
-
Dividends
68 835
108 374
-
-
withholding
14 238
22 898
-
-
total
14 238
22 898
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 670
42 024
60 690
56 106
After tax
80 830
85 476
66 810
71 394
Living cost
26 232
26 232
26 232
26 232
Free-cash
54 598
59 244
40 578
45 162

Estimated living cost  is ₽26232 per week

₽17706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77704
₽79797
₽79929
₽77399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
43 379
health
-
-
-
982
pensions
-
-
-
1 354
total
-
-
-
45 715
Employee
2 827
-
125 977
-
unemployment
28
-
68
-
pensions
254
-
609
-
income
547
-
43 308
-
health
141
-
339
-
total
970
-
44 324
-
Employer
2 827
-
125 977
-
health
269
-
643
-
pensions
311
-
745
-
unemployment
57
-
135
-
total
637
-
1 523
-
Corporate
124 036
127 500
-
-
income
27 288
28 050
-
-
total
27 288
28 050
-
-
Dividends
96 748
99 450
-
-
withholding
19 350
19 890
-
-
total
19 350
19 890
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 245
47 940
45 847
45 715
After tax
79 255
79 560
81 653
81 785
Living cost
1 856
1 856
1 856
1 856
Free-cash
77 399
77 704
79 797
79 929

Estimated living cost  is ₽1856 per week

₽1103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75624
₽56469
₽56470
₽70930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
127 500
income
-
-
-
27 891
unemployment
-
-
-
1 057
health
-
-
-
7 260
pensions
-
-
-
18 327
total
-
-
-
54 535
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.

24 873
-
114 883
-
unemployment
187
-
529
-
pensions
3 482
-
9 868
-
income
3 429
-
27 891
-
health
1 281
-
3 630
-
total
8 379
-
41 918
-
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.

24 873
-
114 883
-
health
1 281
-
3 630
-
pensions
2 985
-
8 459
-
unemployment
187
-
529
-
total
4 453
-
12 618
-
Corporate
98 175
127 500
-
-
income
14 726
19 125
-
-
total
14 726
19 125
-
-
Dividends
83 449
108 375
-
-
withholding
12 517
16 256
-
-
total
12 517
16 256
-
-
Income
127 500
127 500
127 500
127 500
Total tax
40 075
35 381
54 536
54 535
After tax
87 425
92 119
72 964
72 965
Living cost
16 495
16 495
16 495
16 495
Free-cash
70 930
75 624
56 469
56 470

Estimated living cost  is ₽16495 per week

₽11106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46805
₽35499
₽43935
₽46462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
127 500
income
-
-
-
13 542
surtax
-
-
-
-
social contributions

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

-
-
-
44 306
total
-
-
-
57 848
Employee
37 024
-
103 031
-
surtax
-
-
-
-
social contributions
4 073
-
11 334
-
income
7 234
-
30 481
-
total
11 307
-
41 815
-
Employer
37 024
-
103 031
-
social contributions
8 792
-
24 469
-
total
8 792
-
24 469
-
Corporate
81 683
127 500
-
-
income
17 154
26 776
-
-
surtax
-
-
-
-
total
17 154
26 776
-
-
Dividends
64 529
100 724
-
-
withholding
18 068
28 202
-
-
total
18 068
28 202
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 321
54 978
66 284
57 848
After tax
72 179
72 522
61 216
69 652
Living cost
25 717
25 717
25 717
25 717
Free-cash
46 462
46 805
35 499
43 935

Estimated living cost  is ₽25717 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
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.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51950
₽33284
₽37868
₽45033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
797
income
-
-
-
29 579
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
56 106
Employee
46 071
-
99 312
-
other
45
-
89
-
unemployment
713
-
1 370
-
pensions
2 165
-
4 156
-
income
9 623
-
26 887
-
total
12 546
-
32 502
-
Employer
46 071
-
99 312
-
pensions
10 873
-
20 867
-
accident
912
-
1 751
-
unemployment
2 534
-
4 862
-
other
369
-
708
-
total
14 688
-
28 188
-
Corporate
66 741
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.

10 011
19 126
-
-
total
10 011
19 126
-
-
Dividends
56 730
108 374
-
-
withholding
11 696
22 898
-
-
total
11 696
22 898
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 941
42 024
60 690
56 106
After tax
78 559
85 476
66 810
71 394
Living cost
33 526
33 526
33 526
33 526
Free-cash
45 033
51 950
33 284
37 868

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92602
₽87629
₽83067
₽86785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
19 125
unemployment
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
28 022
Employee
21 731
-
120 962
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 908
-
2 926
-
income
2 173
-
12 096
-
health
1 000
-
1 533
-
total
5 320
-
16 922
-
Employer
21 731
-
120 962
-
health
1 500
-
2 299
-
pensions

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

2 395
-
3 672
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
unemployment
131
-
200
-
total
4 265
-
6 538
-
Corporate
101 506
127 500
-
-
income
10 151
12 750
-
-
total
10 151
12 750
-
-
Dividends
91 355
114 750
-
-
withholding
4 568
5 737
-
-
total
4 568
5 737
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 304
18 487
23 460
28 022
After tax
103 196
109 013
104 040
99 478
Living cost
16 411
16 411
16 411
16 411
Free-cash
86 785
92 602
87 629
83 067

Estimated living cost  is ₽16411 per week

₽10854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28854
₽47316
₽35384
₽41336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
127 500
income

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

-
-
-
34 917
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.

-
-
-
1 921
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.

-
-
-
6 517
trade
-
-
-
11 932
total
-
-
-
55 287
Employee

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

47 464
-
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.

215
-
1 921
-
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.

3 903
-
34 917
-
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.

6 517
-
6 517
-
total
10 635
-
43 355
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 036
127 500
-
-
income
12 006
19 126
-
-
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.

661
1 052
-
-
chamber of commerce
262
331
-
-
trade
11 484
18 296
-
-
total
24 413
38 805
-
-
Dividends
55 622
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.

744
1 200
-
-
withholding
13 543
21 812
-
-
total
14 287
23 012
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 335
61 817
43 355
55 287
After tax
78 165
65 683
84 145
72 213
Living cost
36 829
36 829
36 829
36 829
Free-cash
41 336
28 854
47 316
35 384

Estimated living cost  is ₽36829 per week

₽25405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34910
₽17594
₽17594
₽37018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 233
social contributions
-
-
-
20 333
total
-
-
-
55 566
Employee
74 619
-
127 500
-
income
14 080
-
35 233
-
social contributions
6 199
-
20 333
-
total
20 279
-
55 566
-
Employer
74 619
-
127 500
-
total
-
-
-
-
Corporate
52 881
127 500
-
-
income
6 609
15 938
-
-
total
6 609
15 938
-
-
Dividends
46 272
111 562
-
-
withholding
9 254
22 312
-
-
total
9 254
22 312
-
-
Income
127 500
127 500
127 500
127 500
Total tax
36 142
38 250
55 566
55 566
After tax
91 358
89 250
71 934
71 934
Living cost
54 340
54 340
54 340
54 340
Free-cash
37 018
34 910
17 594
17 594

Estimated living cost  is ₽54340 per week

₽41341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43207
₽58501
₽59869
₽46543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 154
health

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

-
-
-
5 849
total
-
-
-
33 003
Employee
43 761
-
123 112
-
income
4 748
-
25 595
-
social contributions
4 384
-
4 388
-
total
9 132
-
29 983
-
Employer
43 761
-
123 112
-
social contributions
4 384
-
4 388
-
total
4 384
-
4 388
-
Corporate
79 355
127 500
-
-
income
27 773
44 625
-
-
total
27 773
44 625
-
-
Dividends
51 581
82 875
-
-
social contributions
5 040
5 040
-
-
total
5 040
5 040
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 329
49 665
34 371
33 003
After tax
81 171
77 835
93 129
94 497
Living cost
34 628
34 628
34 628
34 628
Free-cash
46 543
43 207
58 501
59 869

Estimated living cost  is ₽34628 per week

₽22809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52535
₽40584
₽52340
₽55037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 277
pensions
-
-
-
7 731
total
-
-
-
40 008
Employee
48 251
-
111 740
-
pensions
3 683
-
9 796
-
income
8 787
-
24 437
-
health
629
-
1 772
-
total
13 099
-
36 005
-
Employer
48 251
-
111 740
-
health
917
-
2 124
-
pensions
4 875
-
13 635
-
total
5 792
-
15 759
-
Corporate
73 457
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.

13 958
24 224
-
-
total
13 958
24 224
-
-
Dividends
59 500
103 276
-
-
withholding
4 462
15 589
-
-
total
4 462
15 589
-
-
Income
127 500
127 500
127 500
127 500
Total tax
37 311
39 813
51 764
40 008
After tax
90 189
87 687
75 736
87 492
Living cost
35 152
35 152
35 152
35 152
Free-cash
55 037
52 535
40 584
52 340

Estimated living cost  is ₽35152 per week

₽24114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽12770
₽44638
₽64219
₽6784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
accident
-
-
-
245
income
-
-
-
33 431
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
40 184
Employee
36 333
-
112 195
-
pensions
4 091
-
7 397
-
income
4 985
-
24 217
-
health
4 160
-
12 846
-
total
13 236
-
44 460
-
Employer
36 333
-
112 195
-
pensions
5 908
-
10 682
-
accident
607
-
1 874
-
unemployment
890
-
2 749
-
total
7 405
-
15 305
-
Corporate
83 763
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.

75 386
114 750
-
-
total
75 386
114 750
-
-
Dividends
8 376
12 750
-
-
withholding
1 592
2 423
-
-
total
1 592
2 423
-
-
Income
127 500
127 500
127 500
127 500
Total tax
97 619
117 173
59 765
40 184
After tax
29 881
10 327
67 735
87 316
Living cost
23 097
23 097
23 097
23 097
Free-cash
6 784
-12 770
44 638
64 219

Estimated living cost  is ₽23097 per week

₽16951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
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.
₽4335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94421
₽73266
₽59155
₽89963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 412
unemployment
-
-
-
1 530
work injury
-
-
-
638
health insurance
-
-
-
9 435
pensions
-
-
-
23 460
total
-
-
-
55 475
Employee

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

20 592
-
127 500
-
health insurance
1 524
-
5 638
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 789
-
14 019
-
income
2 059
-
20 412
-
total
7 722
-
41 364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 908
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%.

1 069
1 275
-
-
total
1 069
1 275
-
-
Dividends
105 839
126 225
-
-
withholding
15 876
18 934
-
-
total
15 876
18 934
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 667
20 209
41 364
55 475
After tax
102 833
107 291
86 136
72 025
Living cost
12 870
12 870
12 870
12 870
Free-cash
89 963
94 421
73 266
59 155

Estimated living cost  is ₽12870 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29155
₽17853
₽23682
₽24817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
32 793
regional
-
-
-
2 843
municipal
-
-
-
853
national
-
-
-
29 326
total
-
-
-
65 815
Employee
80 385
-
127 500
-
municipal
480
-
760
-
national
13 584
-
25 451
-
regional
1 214
-
2 441
-
social contributions
27 105
-
42 992
-
total
42 383
-
71 644
-
Employer
80 385
-
127 500
-
total
-
-
-
-
Corporate
47 115
127 500
-
-
municipal
2 270
6 146
-
-
nationa
11 307
30 601
-
-
total
13 577
36 747
-
-
Dividends
33 538
90 753
-
-
withholding
8 720
23 595
-
-
total
8 720
23 595
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 680
60 342
71 644
65 815
After tax
62 820
67 158
55 856
61 685
Living cost
38 003
38 003
38 003
38 003
Free-cash
24 817
29 155
17 853
23 682

Estimated living cost  is ₽38003 per week

₽26694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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