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
₽33823
₽44985
₽41649
₽54340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
12 691
income

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

-
-
-
33 838
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.

-
-
-
6 894
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.

-
-
-
1 861
total
-
-
-
55 284
Employee

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

38 599
-
127 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
1 861
-
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.

1 078
-
33 838
-
total
8 031
-
42 593
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 901
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.

733
1 051
-
-
income
13 335
19 124
-
-
trade
14 001
20 082
-
-
chamber of commerce
282
337
-
-
total
28 351
40 594
-
-
Dividends
60 549
86 905
-
-
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.

812
1 174
-
-
withholding
14 754
21 342
-
-
total
15 566
22 516
-
-
Income
127 500
127 500
127 500
127 500
Total tax
51 948
63 110
42 593
55 284
After tax
75 552
64 390
84 907
72 216
Living cost
30 567
30 567
30 567
30 567
Free-cash
44 985
33 823
54 340
41 649

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28566
₽27718
₽25120
₽26122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
13 616
pensions
-
-
-
15 300
national
-
-
-
21 099
social contributions
-
-
-
1 371
total
-
-
-
51 386
Employee
79 050
-
110 223
-
municipal
9 764
-
14 109
-
pensions
3 162
-
4 409
-
national
15 130
-
21 863
-
total
28 056
-
40 381
-
Employer
79 050
-
110 223
-
social contributions
850
-
1 185
-
pensions
6 324
-
8 818
-
total
7 174
-
10 003
-
Corporate
36 059
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%.

7 212
25 500
-
-
total
7 212
25 500
-
-
Dividends
28 847
102 000
-
-
withholding
6 346
22 440
-
-
total
6 346
22 440
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 788
47 940
50 384
51 386
After tax
78 712
79 560
77 116
76 114
Living cost
50 994
50 994
50 994
50 994
Free-cash
27 718
28 566
26 122
25 120

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81005
₽72727
₽16043
₽50569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
19 283
surtax
-
-
-
32 513
social contributions

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

-
-
-
38 666
total
-
-
-
90 462
Employee
29 489
-
102 747
-
social contributions

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

3 244
-
11 303
-
surtax
-
-
-
-
income
5 249
-
19 882
-
total
8 493
-
31 185
-
Employer
29 489
-
102 747
-
social contributions

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

7 103
-
24 751
-
surtax
-
-
-
-
total
7 103
-
24 751
-
Corporate
90 908
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%.

18 182
25 500
-
-
total
18 182
25 500
-
-
Dividends

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

72 726
102 000
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
33 778
25 500
55 936
90 462
After tax
93 722
102 000
71 564
37 038
Living cost
20 995
20 995
20 995
20 995
Free-cash
72 727
81 005
50 569
16 043

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20102
₽13917
₽31107
₽28095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
29 849
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
54 117
Employee
86 180
86 180
108 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
38 374
-
Employer
86 180
86 180
108 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
27 286
26 229
-
-
income
5 458
5 245
-
-
total
5 458
5 245
-
-
Dividends
21 828
20 983
-
-
income
4 638
4 458
-
-
withholding
3 275
3 148
-
-
total
7 913
7 606
-
-
Income
127 500
127 500
127 500
127 500
Total tax
71 307
65 122
57 129
54 117
After tax
56 193
62 378
70 371
73 383
Living cost
42 276
42 276
42 276
42 276
Free-cash
13 917
20 102
28 095
31 107

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30623
₽29748
₽28702
₽27651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
30 638
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
4 411
total
-
-
-
59 806
Employee
55 560
-
100 650
-
municipal
16 568
-
30 014
-
national
-
-
3 992
-
total
16 568
-
34 006
-
Employer
55 560
-
100 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
54 483
127 500
-
-
income
11 986
28 050
-
-
total
11 986
28 050
-
-
Dividends
42 497
99 450
-
-
withholding
12 749
29 835
-
-
total
12 749
29 835
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 760
57 885
60 857
59 806
After tax
68 740
69 615
66 643
67 694
Living cost
38 992
38 992
38 992
38 992
Free-cash
29 748
30 623
27 651
28 702

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24089
₽38268
₽32008
₽45262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 254
income

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

-
-
-
33 838
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.

-
-
-
6 894
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.

-
-
-
1 861
total
-
-
-
55 847
Employee

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

51 178
-
127 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
1 861
-
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.

4 397
-
33 838
-
total
11 532
-
42 593
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 322
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.

630
1 051
-
-
income
11 449
19 124
-
-
trade
12 555
20 974
-
-
chamber of commerce
262
335
-
-
total
24 896
41 484
-
-
Dividends
51 426
86 015
-
-
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.

686
1 162
-
-
withholding
12 473
21 120
-
-
total
13 159
22 282
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 587
63 766
42 593
55 847
After tax
77 913
63 734
84 907
71 653
Living cost
39 645
39 645
39 645
39 645
Free-cash
38 268
24 089
45 262
32 008

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60441
₽56257
₽56580
₽55226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
18 607
health
-
-
-
3 252
social contributions
-
-
-
16 328
total
-
-
-
38 187
Employee
77 601
77 601
116 655
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
1 984
-
income
8 149
7 184
18 025
-
total
12 692
14 945
28 696
-
Employer
77 601
77 601
116 655
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 158
-
total
4 612
7 877
10 845
-
Corporate
77 464
42 022
-
-
income
9 683
5 253
-
-
total
9 683
5 253
-
-
Dividends
67 781
36 769
-
-
withholding
11 523
6 251
-
-
total
11 523
6 251
-
-
Income
127 500
127 500
127 500
127 500
Total tax
38 510
34 326
39 541
38 187
After tax
88 990
93 174
87 959
89 313
Living cost
32 733
32 733
32 733
32 733
Free-cash
56 257
60 441
55 226
56 580

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53393
₽53774
₽69989
₽55578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 750
unemployment
-
-
-
1 913
health
-
-
-
8 925
total
-
-
-
39 175
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
106 695
-
health
1 853
737
7 469
-
income
3 236
1 288
13 043
-
pensions
2 647
1 053
10 669
-
unemployment
397
158
1 600
-
total
8 133
3 236
32 781
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
106 695
-
pensions
5 161
2 054
20 805
-
total
5 161
2 054
20 805
-
Corporate
95 870
114 912
-
-
income
8 628
10 342
-
-
total
8 628
10 342
-
-
Dividends
87 242
104 570
-
-
social contributions
16 892
20 271
-
-
withholding
16 576
19 868
-
-
total
33 468
40 139
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 390
55 771
53 586
39 175
After tax
72 110
71 729
73 914
88 325
Living cost
18 336
18 336
18 336
18 336
Free-cash
53 774
53 393
55 578
69 989

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77625
₽71355
₽43965
₽49115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 500
health
-
-
-
16 575
total
-
-
-
59 160
Employee
28 629
-
95 292
-
income
3 223
-
18 372
-
pensions
573
-
1 906
-
unemployment
458
-
1 524
-
total
4 254
-
21 802
-
Employer
28 629
-
95 292
-
unemployment
230
-
762
-
pensions
5 726
-
19 057
-
health
3 721
-
12 389
-
total
9 677
-
32 208
-
Corporate
89 194
127 500
-
-
income
17 839
25 500
-
-
total
17 839
25 500
-
-
Dividends
71 355
102 000
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
31 770
25 500
54 010
59 160
After tax
95 730
102 000
73 490
68 340
Living cost
24 375
24 375
24 375
24 375
Free-cash
71 355
77 625
49 115
43 965

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11744
₽6942
₽65266
₽45455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
33 175
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
40 162
Employee
34 721
-
111 839
-
health
3 975
-
12 806
-
income
4 763
-
23 853
-
pensions
3 910
-
7 654
-
total
12 648
-
44 313
-
Employer
34 721
-
111 839
-
accident
580
-
1 867
-
unemployment
851
-
2 740
-
pensions
5 646
-
11 053
-
total
7 077
-
15 660
-
Corporate
85 703
127 500
-
-
income

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

77 133
114 750
-
-
total
77 133
114 750
-
-
Dividends
8 570
12 750
-
-
withholding
1 628
2 422
-
-
total
1 628
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
98 486
117 172
59 973
40 162
After tax
29 014
10 328
67 527
87 338
Living cost
22 072
22 072
22 072
22 072
Free-cash
6 942
-11 744
45 455
65 266

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112045
₽110342
₽117145
₽92920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
127 500
-
income
2 270
-
25 500
-
total
2 270
-
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%.

116 151
127 500
-
-
total
-
-
-
-
Dividends
116 151
127 500
-
-
withholding
5 808
6 375
-
-
total
5 808
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
8 078
6 375
25 500
1 275
After tax
119 422
121 125
102 000
126 225
Living cost
9 080
9 080
9 080
9 080
Free-cash
110 342
112 045
92 920
117 145

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66783
₽59969
₽41303
₽46577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 039
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.

-
-
-
30 602
other
-
-
-
6 056
health
-
-
-
5 609
total
-
-
-
59 306
Employee
36 642
-
101 837
-
health
513
-
1 425
-
income
6 308
-
18 797
-
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.

2 564
-
7 128
-
unemployment
366
-
1 019
-
total
9 751
-
28 369
-
Employer
36 642
-
101 837
-
accident
293
-
814
-
other
1 833
-
5 092
-
unemployment
366
-
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.

6 230
-
17 313
-
health
513
-
1 425
-
total
9 235
-
25 663
-
Corporate
81 623
127 500
-
-
income
17 140
26 775
-
-
total
17 140
26 775
-
-
Dividends
64 483
100 725
-
-
withholding
4 514
7 051
-
-
total
4 514
7 051
-
-
Income
127 500
127 500
127 500
127 500
Total tax
40 640
33 826
54 032
59 306
After tax
86 860
93 674
73 468
68 194
Living cost
26 891
26 891
26 891
26 891
Free-cash
59 969
66 783
46 577
41 303

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21221
₽13894
₽20644
₽8823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 036
pensions
-
-
-
8 094
total
-
-
-
39 130
Employee
95 822
-
111 848
-
health
1 579
-
1 820
-
income
17 273
-
23 154
-
pensions
9 244
-
10 326
-
total
28 096
-
35 300
-
Employer
95 822
-
111 848
-
pensions
11 314
-
13 526
-
health
1 820
-
2 125
-
total
13 134
-
15 651
-
Corporate
18 544
127 500
-
-
income

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

3 524
24 225
-
-
total
3 524
24 225
-
-
Dividends
15 020
103 275
-
-
withholding
1 126
14 328
-
-
total
1 126
14 328
-
-
Income
127 500
127 500
127 500
127 500
Total tax
45 880
38 553
50 951
39 130
After tax
81 620
88 947
76 549
88 370
Living cost
67 726
67 726
67 726
67 726
Free-cash
13 894
21 221
8 823
20 644

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95773
₽91083
₽85719
₽90175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
28 542
Employee
17 531
-
120 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
12 058
-
pensions

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

1 539
-
3 097
-
total
4 291
-
17 165
-
Employer
17 531
-
120 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
106 529
127 500
-
-
income
10 653
12 750
-
-
total
10 653
12 750
-
-
Dividends
95 876
114 750
-
-
withholding
4 794
5 738
-
-
total
4 794
5 738
-
-
Income
127 500
127 500
127 500
127 500
Total tax
23 178
18 488
24 086
28 542
After tax
104 322
109 012
103 414
98 958
Living cost
13 239
13 239
13 239
13 239
Free-cash
91 083
95 773
90 175
85 719

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6417
₽8953
₽17422
₽14410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
29 849
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
54 117
Employee
93 564
86 180
108 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
38 374
-
Employer
93 564
86 180
108 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
17 554
26 229
-
-
income
3 510
5 245
-
-
total
3 510
5 245
-
-
Dividends
14 044
20 983
-
-
income
2 984
4 458
-
-
withholding
2 107
3 148
-
-
total
5 091
7 606
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 586
65 122
57 129
54 117
After tax
64 914
62 378
70 371
73 383
Living cost
55 961
55 961
55 961
55 961
Free-cash
8 953
6 417
14 410
17 422

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63613
₽54991
₽40009
₽40531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 326
health
-
-
-
17 213
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
63 320
Employee
35 546
-
95 149
-
social contributions
2 310
-
6 185
-
health
4 799
-
12 845
-
solidarity contribution
-
-
-
-
income
4 265
-
11 418
-
total
11 374
-
30 448
-
Employer
35 546
-
95 149
-
social contributions
8 886
-
23 787
-
health
3 199
-
8 563
-
total
12 085
-
32 350
-
Corporate
79 869
127 500
-
-
income
15 175
24 225
-
-
total
15 175
24 225
-
-
Dividends
64 694
103 275
-
-
withholding
9 704
15 491
-
-
total
9 704
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 338
39 716
62 798
63 320
After tax
79 162
87 784
64 702
64 180
Living cost
24 171
24 171
24 171
24 171
Free-cash
54 991
63 613
40 531
40 009

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25443
₽20174
₽20972
₽14906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
758
regional
-
-
-
1 453
national
-
-
-
28 941
social contributions
-
-
-
32 792
total
-
-
-
63 944
Employee
89 690
-
127 500
-
social contributions
30 243
-
42 992
-
regional
846
-
1 277
-
municipal
475
-
676
-
national
15 541
-
25 065
-
total
47 105
-
70 010
-
Employer
89 690
-
127 500
-
total
-
-
-
-
Corporate
37 810
127 500
-
-
nationa
9 074
30 600
-
-
municipal
1 475
4 972
-
-
total
10 549
35 572
-
-
Dividends
27 262
91 929
-
-
withholding
7 088
23 901
-
-
total
7 088
23 901
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 742
59 473
70 010
63 944
After tax
62 758
68 027
57 490
63 556
Living cost
42 584
42 584
42 584
42 584
Free-cash
20 174
25 443
14 906
20 972

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57927
₽54790
₽39149
₽37044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 551
pensions
-
-
-
25 500
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 053
surtax
-
-
-
3 748
total
-
-
-
66 082
Employee
33 373
-
105 331
-
other
-
-
-
-
health
852
-
2 685
-
surtax
109
-
3 417
-
income
5 594
-
25 559
-
pensions
2 225
-
7 025
-
unemployment
2 323
-
7 331
-
total
11 103
-
46 017
-
Employer
33 373
-
105 331
-
other
-
-
-
-
unemployment
1 057
-
3 338
-
pensions
4 449
-
14 040
-
health
1 519
-
4 792
-
total
7 025
-
22 170
-
Corporate
87 102
127 500
-
-
income
22 646
33 151
-
-
total
22 646
33 151
-
-
Dividends
64 456
94 349
-
-
withholding
9 667
14 153
-
-
total
9 667
14 153
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 441
47 304
68 187
66 082
After tax
77 059
80 196
59 313
61 418
Living cost
22 269
22 269
22 269
22 269
Free-cash
54 790
57 927
37 044
39 149

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42678
₽41291
₽42101
₽30280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 036
pensions
-
-
-
8 094
total
-
-
-
39 130
Employee
64 218
-
111 848
-
health
932
-
1 820
-
income
11 566
-
23 154
-
pensions
5 451
-
10 326
-
total
17 949
-
35 300
-
Employer
64 218
-
111 848
-
pensions
6 952
-
13 526
-
health
1 220
-
2 125
-
total
8 172
-
15 651
-
Corporate
55 111
127 500
-
-
income

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

10 471
24 225
-
-
total
10 471
24 225
-
-
Dividends
44 640
103 275
-
-
withholding
3 348
14 328
-
-
total
3 348
14 328
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 940
38 553
50 951
39 130
After tax
87 560
88 947
76 549
88 370
Living cost
46 269
46 269
46 269
46 269
Free-cash
41 291
42 678
30 280
42 101

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17972
₽14661
₽28863
₽22582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 344
pensions
-
-
-
11 730
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.

-
-
-
2 551
regional
-
-
-
5 168
health
-
-
-
286
national
-
-
-
1 284
total
-
-
-
22 363
Employee
89 260
-
114 118
-
city
958
-
1 226
-
regional
2 923
-
4 443
-
health
202
-
257
-
pensions
7 499
-
9 587
-
unemployment
-
-
-
-
national
422
-
1 005
-
total
12 004
-
16 518
-
Employer
89 260
-
114 118
-
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.

1 785
-
2 282
-
unemployment
-
-
-
-
pensions
7 499
-
9 587
-
health
202
-
257
-
total
9 486
-
12 126
-
Corporate
27 773
127 500
-
-
regional
5 875
26 966
-
-
national
2 361
10 837
-
-
total
8 236
37 803
-
-
Dividends
19 538
89 697
-
-
withholding
6 839
31 395
-
-
total
6 839
31 395
-
-
Income
127 500
127 500
127 500
127 500
Total tax
36 565
69 198
28 644
22 363
After tax
90 935
58 302
98 856
105 137
Living cost
76 274
76 274
76 274
76 274
Free-cash
14 661
-17 972
22 582
28 863

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16847
₽33210
₽24857
₽38676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 819
income

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

-
-
-
33 838
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.

-
-
-
6 894
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.

-
-
-
1 861
total
-
-
-
56 412
Employee

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

60 650
-
127 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
1 861
-
income

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

7 132
-
33 838
-
total
14 419
-
42 593
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 850
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.

552
1 051
-
-
income
10 028
19 124
-
-
trade
11 464
21 867
-
-
chamber of commerce
247
333
-
-
total
22 291
42 375
-
-
Dividends
44 560
85 124
-
-
surtax

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

592
1 149
-
-
withholding
10 757
20 898
-
-
total
11 349
22 047
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 059
64 422
42 593
56 412
After tax
79 441
63 078
84 907
71 088
Living cost
46 231
46 231
46 231
46 231
Free-cash
33 210
16 847
38 676
24 857

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29732
₽35695
₽38137
₽41153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 903
pensions
-
-
-
27 524
other
-
-
-
3 953
health
-
-
-
3 823
surtax
-
-
-
-
social contributions
-
-
-
3 633
total
-
-
-
54 836
Employee
43 191
-
101 556
-
social contributions
1 231
-
2 894
-
surtax
-
-
-
-
income
2 549
-
17 140
-
pensions
4 884
-
5 845
-
total
8 664
-
25 879
-
Employer
43 191
-
101 556
-
other
1 490
-
3 503
-
social contributions
130
-
305
-
unemployment
1 748
-
4 114
-
pensions
7 095
-
10 061
-
health
3 024
-
7 958
-
total
13 487
-
25 941
-
Corporate
70 820
127 500
-
-
surtax
-
-
-
-
income
19 829
35 700
-
-
total
19 829
35 700
-
-
Dividends
50 991
91 800
-
-
surtax
-
-
-
-
social contributions
8 771
15 790
-
-
withholding
6 527
11 751
-
-
total
15 298
27 541
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 278
63 241
51 820
54 836
After tax
70 222
64 259
75 680
72 664
Living cost
34 527
34 527
34 527
34 527
Free-cash
35 695
29 732
41 153
38 137

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33152
₽38759
₽41557
₽44573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 903
pensions
-
-
-
27 524
other
-
-
-
3 953
health
-
-
-
3 823
surtax
-
-
-
-
social contributions
-
-
-
3 633
total
-
-
-
54 836
Employee
38 554
-
101 556
-
social contributions
1 099
-
2 894
-
surtax
-
-
-
-
income
1 988
-
17 140
-
pensions
4 361
-
5 845
-
total
7 448
-
25 879
-
Employer
38 554
-
101 556
-
other
1 331
-
3 503
-
social contributions
115
-
305
-
unemployment
1 561
-
4 114
-
pensions
6 335
-
10 061
-
health
2 698
-
7 958
-
total
12 040
-
25 941
-
Corporate
76 905
127 500
-
-
surtax
-
-
-
-
income
21 534
35 700
-
-
total
21 534
35 700
-
-
Dividends
55 372
91 800
-
-
surtax
-
-
-
-
social contributions
9 524
15 790
-
-
withholding
7 088
11 751
-
-
total
16 612
27 541
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 634
63 241
51 820
54 836
After tax
69 866
64 259
75 680
72 664
Living cost
31 107
31 107
31 107
31 107
Free-cash
38 759
33 152
44 573
41 557

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56387
₽56911
₽60483
₽59330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
19 124
health
-
-
-
8 900
social contributions
-
-
-
17 594
total
-
-
-
45 618
Employee
34 217
-
127 500
-
social contributions
4 723
-
17 594
-
health
2 388
-
8 900
-
income
5 707
-
20 277
-
total
12 818
-
46 771
-
Employer
34 217
-
127 500
-
total
-
-
-
-
Corporate
93 283
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%.

4 663
6 375
-
-
total
4 663
6 375
-
-
Dividends
88 619
121 125
-
-
health
6 186
8 455
-
-
social contributions
12 230
16 715
-
-
withholding
13 293
18 169
-
-
total
31 709
43 339
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 190
49 714
46 771
45 618
After tax
78 310
77 786
80 729
81 882
Living cost
21 399
21 399
21 399
21 399
Free-cash
56 911
56 387
59 330
60 483

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35464
₽33903
₽28277
-₽296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
509
income
-
-
-
25 936
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
63 663
Employee
50 434
40 217
98 850
-
other
504
402
988
-
health
1 952
1 557
3 826
-
income
5 742
2 967
21 934
-
pensions
5 165
4 117
10 121
-
unemployment
1 513
1 207
2 965
-
total
14 876
10 250
39 834
-
Employer
50 434
40 217
98 850
-
accident
655
523
1 285
-
other
2 396
1 909
4 696
-
chamber of commerce
201
161
395
-
unemployment
1 513
1 207
2 965
-
surtax
199
199
199
-
pensions
6 329
5 048
12 406
-
payroll
1 513
1 207
2 965
-
health
1 906
1 521
3 736
-
total
14 712
11 775
28 647
-
Corporate
62 354
75 509
95 024
-
income

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

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

15 589
18 877
23 755
-
total
15 589
18 877
23 755
-
Dividends
46 765
56 631
-
-
withholding
12 860
15 574
-
-
total
12 860
15 574
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 037
56 476
92 236
63 663
After tax
69 463
71 024
35 264
63 837
Living cost
35 560
35 560
35 560
35 560
Free-cash
33 903
35 464
-296
28 277

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34616
₽19480
₽20308
₽10897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
43 693
communal

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

-
-
-
6 433
social contributions
-
-
-
20 270
total
-
-
-
70 396
Employee

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

72 187
-
98 750
-
communal

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

3 765
-
5 150
-
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.

3 392
-
4 642
-
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.

5 414
-
7 406
-
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.

628
-
860
-
national
22 193
-
32 999
-
total
35 392
-
51 057
-
Employer

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

72 187
-
98 750
-
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.

938
-
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.

1 053
-
1 442
-
surtax
8 185
-
11 200
-
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.

6 396
-
8 750
-
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.

4 439
-
6 073
-
total
21 011
-
28 750
-
Corporate
34 300
127 500
-
-
surtax
138
509
-
-
income
6 860
25 500
-
-
total
6 998
26 009
-
-
Dividends
27 302
101 491
-
-
withholding

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

7 823
30 079
-
-
total
7 823
30 079
-
-
Income
127 500
127 500
127 500
127 500
Total tax
71 224
56 088
79 807
70 396
After tax
56 276
71 412
47 693
57 104
Living cost
36 796
36 796
36 796
36 796
Free-cash
19 480
34 616
10 897
20 308

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49148
₽41359
₽34432
₽29581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
28 559
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
56 622
Employee
50 235
-
97 680
-
other
50
-
94
-
income
10 599
-
25 711
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
31 652
-
Employer
50 235
-
97 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
61 253
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.

9 189
19 124
-
-
total
9 189
19 124
-
-
Dividends
52 064
108 376
-
-
withholding
10 704
22 782
-
-
total
10 704
22 782
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 695
41 906
61 473
56 622
After tax
77 805
85 594
66 027
70 878
Living cost
36 446
36 446
36 446
36 446
Free-cash
41 359
49 148
29 581
34 432

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22059
₽12209
₽13821
₽18906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 074
income
-
-
-
15 313
pensions
-
-
-
19 111
health
-
-
-
8 959
surtax
-
-
-
6 320
communal
-
-
-
8 059
total
-
-
-
58 836
Employee
76 425
-
113 889
-
health
3 401
-
5 069
-
surtax
4 684
-
6 981
-
income
7 382
-
18 982
-
pensions
6 113
-
9 110
-
total
21 580
-
40 142
-
Employer
76 425
-
113 889
-
accident
688
-
1 025
-
pensions
6 113
-
9 110
-
health
2 331
-
3 474
-
total
9 132
-
13 609
-
Corporate
41 944
127 500
-
-
surtax
440
1 339
-
-
communal
2 831
8 607
-
-
income
6 291
19 124
-
-
total
9 562
29 070
-
-
Dividends
32 382
98 430
-
-
income
15 317
6 762
-
-
withholding
4 857
14 766
-
-
total
20 174
21 528
-
-
Income
127 500
127 500
127 500
127 500
Total tax
60 448
50 598
53 751
58 836
After tax
67 052
76 902
73 749
68 664
Living cost
54 843
54 843
54 843
54 843
Free-cash
12 209
22 059
18 906
13 821

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57529
₽54323
₽38751
₽36646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 551
pensions
-
-
-
25 500
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 053
surtax
-
-
-
3 748
total
-
-
-
66 082
Employee
33 986
-
105 331
-
other
-
-
-
-
health
868
-
2 685
-
surtax
121
-
3 417
-
income
5 697
-
25 559
-
pensions
2 267
-
7 025
-
unemployment
2 365
-
7 331
-
total
11 318
-
46 017
-
Employer
33 986
-
105 331
-
other
-
-
-
-
unemployment
1 078
-
3 338
-
pensions
4 531
-
14 040
-
health
1 545
-
4 792
-
total
7 154
-
22 170
-
Corporate
86 359
127 500
-
-
income
22 453
33 151
-
-
total
22 453
33 151
-
-
Dividends
63 907
94 349
-
-
withholding
9 585
14 153
-
-
total
9 585
14 153
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 510
47 304
68 187
66 082
After tax
76 990
80 196
59 313
61 418
Living cost
22 667
22 667
22 667
22 667
Free-cash
54 323
57 529
36 646
38 751

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39832
₽37590
₽35902
₽29867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
758
regional
-
-
-
1 922
national
-
-
-
28 941
social contributions
-
-
-
32 792
total
-
-
-
64 413
Employee
55 981
-
127 500
-
social contributions
18 877
-
42 992
-
regional
754
-
1 715
-
municipal
297
-
676
-
national
8 869
-
25 065
-
total
28 797
-
70 448
-
Employer
55 981
-
127 500
-
total
-
-
-
-
Corporate
71 519
127 500
-
-
nationa
17 165
30 600
-
-
municipal
3 554
6 337
-
-
total
20 719
36 937
-
-
Dividends
50 800
90 563
-
-
withholding
13 209
23 546
-
-
total
13 209
23 546
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 725
60 483
70 448
64 413
After tax
64 775
67 017
57 052
63 087
Living cost
27 185
27 185
27 185
27 185
Free-cash
37 590
39 832
29 867
35 902

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57999
₽47374
₽34395
₽34917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 326
health
-
-
-
17 213
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
63 320
Employee
43 801
-
95 149
-
social contributions
2 847
-
6 185
-
health
5 913
-
12 845
-
solidarity contribution
-
-
-
-
income
5 256
-
11 418
-
total
14 016
-
30 448
-
Employer
43 801
-
95 149
-
social contributions
10 950
-
23 787
-
health
3 942
-
8 563
-
total
14 892
-
32 350
-
Corporate
68 806
127 500
-
-
income
13 073
24 225
-
-
total
13 073
24 225
-
-
Dividends
55 733
103 275
-
-
withholding
8 360
15 491
-
-
total
8 360
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 341
39 716
62 798
63 320
After tax
77 159
87 784
64 702
64 180
Living cost
29 785
29 785
29 785
29 785
Free-cash
47 374
57 999
34 917
34 395

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38936
₽38438
₽31839
₽3100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
509
income
-
-
-
25 936
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
63 464
Employee
44 114
40 217
99 007
-
other
440
402
990
-
health
1 706
1 557
3 832
-
income
3 930
2 967
21 987
-
pensions
4 518
4 117
10 139
-
unemployment
1 323
1 207
2 970
-
total
11 917
10 250
39 918
-
Employer
44 114
40 217
99 007
-
accident
573
523
1 287
-
other
2 095
1 909
4 702
-
chamber of commerce
176
161
396
-
unemployment
1 323
1 207
2 970
-
surtax
-
-
-
-
pensions
5 537
5 048
12 425
-
payroll
1 323
1 207
2 970
-
health
1 668
1 521
3 742
-
total
12 695
11 576
28 492
-
Corporate
70 690
75 708
95 177
-
income

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

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

17 673
18 927
23 793
-
total
17 673
18 927
23 793
-
Dividends
53 018
56 781
-
-
withholding
14 580
15 614
-
-
total
14 580
15 614
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 865
56 367
92 203
63 464
After tax
70 635
71 133
35 297
64 036
Living cost
32 197
32 197
32 197
32 197
Free-cash
38 438
38 936
3 100
31 839

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106976
₽104323
₽112076
₽87851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
127 500
-
income
3 537
-
25 500
-
total
3 537
-
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%.

109 814
127 500
-
-
total
-
-
-
-
Dividends
109 814
127 500
-
-
withholding
5 491
6 375
-
-
total
5 491
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
9 028
6 375
25 500
1 275
After tax
118 472
121 125
102 000
126 225
Living cost
14 149
14 149
14 149
14 149
Free-cash
104 323
106 976
87 851
112 076

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60716
₽52273
₽37730
₽34076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
127 500
income
-
-
-
26 679
pensions
-
-
-
23 284
unemployment
-
-
-
192
health
-
-
-
12 546
total
-
-
-
62 701
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 626
-
110 321
-
health
2 882
-
7 128
-
income
7 696
-
24 794
-
pensions
6 917
-
17 100
-
unemployment
63
-
155
-
total
17 558
-
49 177
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 626
-
110 321
-
unemployment
27
-
67
-
pensions
3 949
-
9 763
-
health
2 972
-
7 348
-
total
6 948
-
17 178
-
Corporate
75 926
127 500
-
-
income
14 427
24 224
-
-
total
14 427
24 224
-
-
Dividends
61 499
103 276
-
-
withholding
9 225
15 491
-
-
total
9 225
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 158
39 715
66 355
62 701
After tax
79 342
87 785
61 145
64 799
Living cost
27 069
27 069
27 069
27 069
Free-cash
52 273
60 716
34 076
37 730

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33987
-₽23109
₽44529
₽70628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
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
107 025
49 929
13 288
39 387
After tax
20 475
77 571
114 212
88 113
Living cost
43 584
43 584
43 584
43 584
Free-cash
-23 109
33 987
70 628
44 529

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40866
₽39851
₽38312
₽30186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 227
surtax
-
-
-
-
social contributions

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

-
-
-
44 306
total
-
-
-
57 533
Employee
46 415
-
103 031
-
social contributions
5 106
-
11 334
-
surtax
-
-
-
-
income
9 654
-
29 856
-
total
14 760
-
41 190
-
Employer
46 415
-
103 031
-
social contributions
11 023
-
24 469
-
total
11 023
-
24 469
-
Corporate
70 062
127 500
-
-
surtax
-
-
-
-
income
14 714
26 775
-
-
total
14 714
26 775
-
-
Dividends
55 348
100 725
-
-
withholding
15 497
28 204
-
-
total
15 497
28 204
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 994
54 979
65 659
57 533
After tax
71 506
72 521
61 841
69 967
Living cost
31 655
31 655
31 655
31 655
Free-cash
39 851
40 866
30 186
38 312

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15517
₽22454
₽23922
₽26938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 903
pensions
-
-
-
27 524
other
-
-
-
3 953
health
-
-
-
3 823
surtax
-
-
-
-
social contributions
-
-
-
3 633
total
-
-
-
54 836
Employee
63 207
-
101 556
-
social contributions
1 800
-
2 894
-
surtax
-
-
-
-
income
5 515
-
17 140
-
pensions
7 149
-
5 845
-
total
14 464
-
25 879
-
Employer
63 207
-
101 556
-
other
2 181
-
3 503
-
social contributions
190
-
305
-
unemployment
2 561
-
4 114
-
pensions
10 386
-
10 061
-
health
4 424
-
7 958
-
total
19 742
-
25 941
-
Corporate
44 552
127 500
-
-
surtax
-
-
-
-
income
12 475
35 700
-
-
total
12 475
35 700
-
-
Dividends
32 077
91 800
-
-
surtax
-
-
-
-
social contributions
5 517
15 790
-
-
withholding
4 106
11 751
-
-
total
9 623
27 541
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 304
63 241
51 820
54 836
After tax
71 196
64 259
75 680
72 664
Living cost
48 742
48 742
48 742
48 742
Free-cash
22 454
15 517
26 938
23 922

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84413
₽81023
₽65296
₽68688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
3 817
social contributions
-
-
-
28 051
total
-
-
-
31 868
Employee
32 444
-
110 388
-
income
-
-
4 192
-
social contributions
2 109
-
7 174
-
total
2 109
-
11 366
-
Employer
32 444
-
110 388
-
social contributions
5 029
-
17 110
-
total
5 029
-
17 110
-
Corporate
90 027
127 500
-
-
income
9 003
12 751
-
-
total
9 003
12 751
-
-
Dividends
81 024
114 749
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
16 141
12 751
28 476
31 868
After tax
111 359
114 749
99 024
95 632
Living cost
30 336
30 336
30 336
30 336
Free-cash
81 023
84 413
68 688
65 296

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽92473
-₽92473
₽28881
-₽92473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
25 064
pensions
-
-
-
875
national
-
-
-
13 927
labour market
-
-
-
10 130
total
-
-
-
49 996
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
171 350
171 350
171 350
49 996
After tax
-43 850
-43 850
-43 850
77 504
Living cost
48 623
48 623
48 623
48 623
Free-cash
-92 473
-92 473
-92 473
28 881

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11418
₽6994
₽65592
₽45781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
33 175
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
40 162
Employee
34 209
-
111 839
-
health
3 917
-
12 806
-
income
4 693
-
23 853
-
pensions
3 852
-
7 654
-
total
12 462
-
44 313
-
Employer
34 209
-
111 839
-
accident
571
-
1 867
-
unemployment
838
-
2 740
-
pensions
5 562
-
11 053
-
total
6 971
-
15 660
-
Corporate
86 320
127 500
-
-
income

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

77 687
114 750
-
-
total
77 687
114 750
-
-
Dividends
8 632
12 750
-
-
withholding
1 640
2 422
-
-
total
1 640
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
98 760
117 172
59 973
40 162
After tax
28 740
10 328
67 527
87 338
Living cost
21 746
21 746
21 746
21 746
Free-cash
6 994
-11 418
45 781
65 592

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43998
₽44260
₽48815
₽31335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
22 673
health
-
-
-
1 542
national
-
-
-
15 725
total
-
-
-
39 940
Employee
53 095
-
107 261
-
health
396
-
1 231
-
municipal
8 697
-
17 493
-
pensions
3 583
-
7 241
-
unemployment
797
-
1 609
-
national
877
-
9 608
-
total
14 350
-
37 182
-
Employer
53 095
-
107 261
-
accident
54
-
107
-
unemployment
345
-
697
-
pensions
9 212
-
18 609
-
health
408
-
825
-
total
10 019
-
20 238
-
Corporate
64 387
127 500
-
-
income
12 877
25 500
-
-
total
12 877
25 500
-
-
Dividends

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

38 632
76 500
-
-
national
295
5 487
-
-
municipal
6 954
13 770
-
-
total
7 249
19 257
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 495
44 757
57 420
39 940
After tax
83 005
82 743
70 080
87 560
Living cost
38 745
38 745
38 745
38 745
Free-cash
44 260
43 998
31 335
48 815

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
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.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69809
₽64319
₽65948
₽64594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
18 607
health
-
-
-
3 252
social contributions
-
-
-
16 328
total
-
-
-
38 187
Employee
77 601
77 601
116 655
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
1 984
-
income
8 449
7 184
18 025
-
total
11 984
14 945
28 696
-
Employer
77 601
77 601
116 655
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 158
-
total
3 587
7 877
10 845
-
Corporate
88 563
42 022
-
-
income
11 071
5 253
-
-
total
11 071
5 253
-
-
Dividends
77 492
36 769
-
-
withholding
13 174
6 251
-
-
total
13 174
6 251
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 816
34 326
39 541
38 187
After tax
87 684
93 174
87 959
89 313
Living cost
23 365
23 365
23 365
23 365
Free-cash
64 319
69 809
64 594
65 948

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89559
₽84425
₽88819
₽68577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 558
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
22 658
Employee

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

23 164
-
117 637
-
health
1 969
-
8 139
-
income
1 584
-
10 056
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
33 037
-
Employer

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

23 164
-
117 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
101 951
127 500
-
-
income
9 175
11 475
-
-
total
9 175
11 475
-
-
Dividends
92 776
116 025
-
-
withholding
8 350
10 443
-
-
total
8 350
10 443
-
-
Income
127 500
127 500
127 500
127 500
Total tax
27 052
21 918
42 900
22 658
After tax
100 448
105 582
84 600
104 842
Living cost
16 023
16 023
16 023
16 023
Free-cash
84 425
89 559
68 577
88 819

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57843
₽52802
₽43127
₽38276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
28 559
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
56 622
Employee
37 315
-
97 680
-
other
36
-
94
-
income
7 194
-
25 711
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
31 652
-
Employer
37 315
-
97 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
78 288
127 500
-
-
income

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

11 743
19 124
-
-
total
11 743
19 124
-
-
Dividends
66 544
108 376
-
-
withholding
13 745
22 782
-
-
total
13 745
22 782
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 947
41 906
61 473
56 622
After tax
80 553
85 594
66 027
70 878
Living cost
27 751
27 751
27 751
27 751
Free-cash
52 802
57 843
38 276
43 127

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76804
₽76350
₽78501
₽78303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 776
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
46 243
Employee
4 198
-
125 238
-
health
210
-
503
-
income
812
-
42 670
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
44 179
-
Employer
4 198
-
125 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
122 358
127 500
-
-
income
26 919
28 050
-
-
total
26 919
28 050
-
-
Dividends
95 439
99 450
-
-
withholding
19 088
19 890
-
-
total
19 088
19 890
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 394
47 940
46 441
46 243
After tax
79 106
79 560
81 059
81 257
Living cost
2 756
2 756
2 756
2 756
Free-cash
76 350
76 804
78 303
78 501

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74666
₽69701
₽54195
₽54196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
55 852
Employee

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

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

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

26 319
-
114 149
-
health
1 355
-
3 841
-
income
3 628
-
27 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
42 501
-
Employer

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

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

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

26 319
-
114 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
96 470
127 500
-
-
income
14 471
19 125
-
-
total
14 471
19 125
-
-
Dividends
82 000
108 375
-
-
withholding
12 300
16 256
-
-
total
12 300
16 256
-
-
Income
127 500
127 500
127 500
127 500
Total tax
40 346
35 381
55 851
55 852
After tax
87 154
92 119
71 649
71 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
69 701
74 666
54 196
54 195

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45314
₽44952
₽42760
₽34634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 227
surtax
-
-
-
-
social contributions

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

-
-
-
44 306
total
-
-
-
57 533
Employee
39 169
-
103 031
-
social contributions
4 309
-
11 334
-
surtax
-
-
-
-
income
7 653
-
29 856
-
total
11 962
-
41 190
-
Employer
39 169
-
103 031
-
social contributions
9 302
-
24 469
-
total
9 302
-
24 469
-
Corporate
79 030
127 500
-
-
surtax
-
-
-
-
income
16 596
26 775
-
-
total
16 596
26 775
-
-
Dividends
62 433
100 725
-
-
withholding
17 481
28 204
-
-
total
17 481
28 204
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 341
54 979
65 659
57 533
After tax
72 159
72 521
61 841
69 967
Living cost
27 207
27 207
27 207
27 207
Free-cash
44 952
45 314
34 634
42 760

Estimated living cost  is ₽27207 per week

₽19270
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.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50127
₽42681
₽35411
₽30560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
28 559
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
56 622
Employee
48 739
-
97 680
-
other
48
-
94
-
income
10 180
-
25 711
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
31 652
-
Employer
48 739
-
97 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
63 222
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.

9 484
19 124
-
-
total
9 484
19 124
-
-
Dividends
53 738
108 376
-
-
withholding
11 056
22 782
-
-
total
11 056
22 782
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 352
41 906
61 473
56 622
After tax
78 148
85 594
66 027
70 878
Living cost
35 467
35 467
35 467
35 467
Free-cash
42 681
50 127
30 560
35 411

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
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.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91641
₽85488
₽81587
₽86043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
28 542
Employee
23 001
-
120 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
12 058
-
pensions

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

2 019
-
3 097
-
total
5 630
-
17 165
-
Employer
23 001
-
120 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
99 986
127 500
-
-
income
9 999
12 750
-
-
total
9 999
12 750
-
-
Dividends
89 987
114 750
-
-
withholding
4 499
5 738
-
-
total
4 499
5 738
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 641
18 488
24 086
28 542
After tax
102 859
109 012
103 414
98 958
Living cost
17 371
17 371
17 371
17 371
Free-cash
85 488
91 641
86 043
81 587

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26738
₽39941
₽34382
₽45945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 563
income

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

-
-
-
33 838
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.

-
-
-
6 894
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.

-
-
-
1 861
total
-
-
-
54 156
Employee

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

50 213
-
127 500
-
health

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

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

6 894
-
6 894
-
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
-
1 861
-
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.

4 129
-
33 838
-
total
11 251
-
42 593
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 287
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.

638
1 051
-
-
income
11 592
19 124
-
-
trade
11 090
18 297
-
-
chamber of commerce
266
341
-
-
total
23 586
38 813
-
-
Dividends
53 700
88 686
-
-
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.

718
1 199
-
-
withholding
13 042
21 788
-
-
total
13 760
22 987
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 597
61 800
42 593
54 156
After tax
78 903
65 700
84 907
73 344
Living cost
38 962
38 962
38 962
38 962
Free-cash
39 941
26 738
45 945
34 382

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31762
₽33993
₽23795
₽23795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
34 319
social contributions
-
-
-
11 899
total
-
-
-
46 218
Employee
78 941
-
127 500
-
income
14 896
-
34 319
-
social contributions
6 558
-
11 899
-
total
21 454
-
46 218
-
Employer
78 941
-
127 500
-
total
-
-
-
-
Corporate
48 559
127 500
-
-
income
6 069
15 938
-
-
total
6 069
15 938
-
-
Dividends
42 490
111 562
-
-
withholding
8 497
22 313
-
-
total
8 497
22 313
-
-
Income
127 500
127 500
127 500
127 500
Total tax
36 020
38 251
46 218
46 218
After tax
91 480
89 249
81 282
81 282
Living cost
57 487
57 487
57 487
57 487
Free-cash
33 993
31 762
23 795
23 795

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40910
₽44437
₽55398
₽57088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
127 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
122 858
-
income
5 023
-
24 494
-
social contributions
4 638
-
4 642
-
total
9 661
-
29 136
-
Employer
46 295
-
122 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
76 566
127 500
-
-
income
26 798
44 624
-
-
total
26 798
44 624
-
-
Dividends
49 768
82 876
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 429
49 956
33 778
35 468
After tax
81 071
77 544
93 722
92 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
44 437
40 910
57 088
55 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51332
₽52201
₽50755
₽38934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 036
pensions
-
-
-
8 094
total
-
-
-
39 130
Employee
51 632
-
111 848
-
health
674
-
1 820
-
income
9 403
-
23 154
-
pensions
3 941
-
10 326
-
total
14 018
-
35 300
-
Employer
51 632
-
111 848
-
pensions
5 216
-
13 526
-
health
981
-
2 125
-
total
6 197
-
15 651
-
Corporate
69 670
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.

13 236
24 225
-
-
total
13 236
24 225
-
-
Dividends
56 434
103 275
-
-
withholding
4 233
14 328
-
-
total
4 233
14 328
-
-
Income
127 500
127 500
127 500
127 500
Total tax
37 684
38 553
50 951
39 130
After tax
89 816
88 947
76 549
88 370
Living cost
37 615
37 615
37 615
37 615
Free-cash
52 201
51 332
38 934
50 755

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13572
₽6662
₽63438
₽43627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
33 175
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
40 162
Employee
37 595
-
111 839
-
health
4 304
-
12 806
-
income
5 158
-
23 853
-
pensions
4 233
-
7 654
-
total
13 695
-
44 313
-
Employer
37 595
-
111 839
-
accident
628
-
1 867
-
unemployment
921
-
2 740
-
pensions
6 113
-
11 053
-
total
7 662
-
15 660
-
Corporate
82 244
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.

74 019
114 750
-
-
total
74 019
114 750
-
-
Dividends
8 224
12 750
-
-
withholding
1 562
2 422
-
-
total
1 562
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
96 938
117 172
59 973
40 162
After tax
30 562
10 328
67 527
87 338
Living cost
23 900
23 900
23 900
23 900
Free-cash
6 662
-13 572
43 627
63 438

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽93660
₽88938
₽58545
₽71418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
638
health insurance
-
-
-
9 435
income
-
-
-
20 261
pensions
-
-
-
23 460
unemployment
-
-
-
1 530
total
-
-
-
55 324
Employee

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

21 810
-
127 500
-
work injury
109
-
403
-
income
2 181
-
20 261
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
42 451
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 690
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%.

1 057
1 275
-
-
total
1 057
1 275
-
-
Dividends
104 633
126 225
-
-
withholding
15 695
18 934
-
-
total
15 695
18 934
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 931
20 209
42 451
55 324
After tax
102 569
107 291
85 049
72 176
Living cost
13 631
13 631
13 631
13 631
Free-cash
88 938
93 660
71 418
58 545

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26955
₽22364
₽21921
₽16089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
852
regional
-
-
-
2 791
national
-
-
-
28 941
social contributions
-
-
-
32 792
total
-
-
-
65 376
Employee
85 040
-
127 500
-
social contributions
28 675
-
42 992
-
regional
1 284
-
2 391
-
municipal
508
-
760
-
national
14 371
-
25 065
-
total
44 838
-
71 208
-
Employer
85 040
-
127 500
-
total
-
-
-
-
Corporate
42 460
127 500
-
-
nationa
10 190
30 600
-
-
municipal
2 047
6 146
-
-
total
12 237
36 746
-
-
Dividends
30 222
90 755
-
-
withholding
7 858
23 596
-
-
total
7 858
23 596
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 933
60 342
71 208
65 376
After tax
62 567
67 158
56 292
62 124
Living cost
40 203
40 203
40 203
40 203
Free-cash
22 364
26 955
16 089
21 921

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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