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
₽55601
₽36115
₽42351
₽46430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 943
trade
-
-
-
13 250
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.

-
-
-
35 332
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.

-
-
-
6 372
total
-
-
-
56 897
Employee

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

35 675
-
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.

6 372
-
6 372
-
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.

55
-
1 943
-
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.

997
-
35 332
-
total
7 424
-
43 647
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 825
127 500
-
-
chamber of commerce
274
326
-
-
trade
14 463
20 081
-
-
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.

758
1 051
-
-
income
13 774
19 125
-
-
total
29 269
40 583
-
-
Dividends
62 556
86 917
-
-
withholding
15 284
21 375
-
-
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.

841
1 175
-
-
total
16 125
22 550
-
-
Income
127 500
127 500
127 500
127 500
Total tax
52 818
63 133
43 647
56 897
After tax
74 682
64 367
83 853
70 603
Living cost
28 252
28 252
28 252
28 252
Free-cash
46 430
36 115
55 601
42 351

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
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.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27300
₽29823
₽26299
₽28996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 647
social contributions
-
-
-
1 371
national
-
-
-
21 146
pensions
-
-
-
15 300
total
-
-
-
51 464
Employee
77 101
-
110 223
-
pensions
3 084
-
4 409
-
national
14 757
-
21 911
-
municipal
9 523
-
14 140
-
total
27 364
-
40 460
-
Employer
77 101
-
110 223
-
pensions
6 168
-
8 818
-
social contributions
829
-
1 185
-
total
6 997
-
10 003
-
Corporate
38 313
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%.

7 663
25 500
-
-
total
7 663
25 500
-
-
Dividends
30 650
102 000
-
-
withholding
6 743
22 440
-
-
total
6 743
22 440
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 767
47 940
50 463
51 464
After tax
78 733
79 560
77 037
76 036
Living cost
49 737
49 737
49 737
49 737
Free-cash
28 996
29 823
27 300
26 299

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52070
₽82594
₽19803
₽74944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
32 512
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.

-
-
-
35 737
income
-
-
-
20 043
total
-
-
-
88 292
Employee
27 255
-
102 748
-
social contributions

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

2 998
-
11 302
-
surtax
-
-
-
-
income
4 852
-
19 971
-
total
7 850
-
31 273
-
Employer
27 255
-
102 748
-
surtax
-
-
-
-
social contributions

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

6 565
-
24 752
-
total
6 565
-
24 752
-
Corporate
93 680
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%.

18 736
25 501
-
-
total
18 736
25 501
-
-
Dividends

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

74 944
101 999
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
33 151
25 501
56 025
88 292
After tax
94 349
101 999
71 475
39 208
Living cost
19 405
19 405
19 405
19 405
Free-cash
74 944
82 594
52 070
19 803

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35625
₽23502
₽33879
₽17786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
32 118
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
54 548
Employee
79 651
79 651
110 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
13 038
-
total
39 601
34 365
35 468
-
Employer
79 651
79 651
110 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
34 878
33 901
-
-
income
6 976
6 781
-
-
total
6 976
6 781
-
-
Dividends
27 902
27 120
-
-
withholding
4 186
4 068
-
-
income
5 930
5 763
-
-
total
10 116
9 831
-
-
Income
127 500
127 500
127 500
127 500
Total tax
70 641
64 925
52 802
54 548
After tax
56 859
62 575
74 698
72 952
Living cost
39 073
39 073
39 073
39 073
Free-cash
17 786
23 502
35 625
33 879

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28871
₽31931
₽29884
₽31086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 886
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
5 119
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
59 932
Employee
53 696
-
101 550
-
national
-
-
4 714
-
municipal
16 012
-
30 282
-
total
16 012
-
34 996
-
Employer
53 696
-
101 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
56 932
127 500
-
-
income
12 525
28 050
-
-
total
12 525
28 050
-
-
Dividends
44 407
99 450
-
-
withholding
13 322
29 835
-
-
total
13 322
29 835
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 730
57 885
60 945
59 932
After tax
68 770
69 615
66 555
67 568
Living cost
37 684
37 684
37 684
37 684
Free-cash
31 086
31 931
28 871
29 884

Estimated living cost  is ₽37684 per week

₽24976
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.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47211
₽27072
₽33371
₽40177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 943
trade
-
-
-
13 840
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.

-
-
-
35 332
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.

-
-
-
6 372
total
-
-
-
57 487
Employee

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

47 301
-
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.

6 372
-
6 372
-
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.

223
-
1 943
-
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.

4 064
-
35 332
-
total
10 659
-
43 647
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 199
127 500
-
-
chamber of commerce
255
322
-
-
trade
13 192
20 973
-
-
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.

662
1 051
-
-
income
12 029
19 125
-
-
total
26 138
41 471
-
-
Dividends
54 061
86 028
-
-
withholding
13 160
21 152
-
-
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.

724
1 163
-
-
total
13 884
22 315
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 681
63 786
43 647
57 487
After tax
76 819
63 714
83 853
70 013
Living cost
36 642
36 642
36 642
36 642
Free-cash
40 177
27 072
47 211
33 371

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57513
₽62877
₽58736
₽59012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
15 091
income
-
-
-
20 168
health
-
-
-
3 252
total
-
-
-
38 511
Employee
71 723
71 723
117 301
-
health
713
1 220
1 995
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
19 511
-
total
11 729
13 812
29 535
-
Employer
71 723
71 723
117 301
-
health
777
1 328
2 170
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
10 199
-
Corporate
81 255
48 497
-
-
income
10 156
6 062
-
-
total
10 156
6 062
-
-
Dividends
71 098
42 435
-
-
withholding
12 088
7 215
-
-
total
12 088
7 215
-
-
Income
127 500
127 500
127 500
127 500
Total tax
38 235
34 370
39 734
38 511
After tax
89 265
93 130
87 766
88 989
Living cost
30 253
30 253
30 253
30 253
Free-cash
59 012
62 877
57 513
58 736

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57211
₽54992
₽71622
₽55338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 913
income
-
-
-
15 587
pensions
-
-
-
12 750
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.

24 110
9 596
106 695
-
health
1 688
672
7 469
-
pensions
2 411
960
10 669
-
unemployment
362
144
1 600
-
income
2 948
1 173
13 043
-
total
7 409
2 949
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.

24 110
9 596
106 695
-
pensions
4 702
1 871
20 805
-
total
4 702
1 871
20 805
-
Corporate
98 688
116 033
-
-
income
8 882
10 443
-
-
total
8 882
10 443
-
-
Dividends
89 806
105 590
-
-
withholding
17 063
20 062
-
-
social contributions
17 403
20 480
-
-
total
34 466
40 542
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 459
55 805
53 586
39 175
After tax
72 041
71 695
73 914
88 325
Living cost
16 703
16 703
16 703
16 703
Free-cash
55 338
54 992
57 211
71 622

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50959
₽79470
₽45811
₽73678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
17 086
pensions
-
-
-
25 499
health
-
-
-
16 575
total
-
-
-
59 160
Employee
26 460
-
95 291
-
unemployment
423
-
1 524
-
pensions
529
-
1 906
-
income
2 979
-
18 373
-
total
3 931
-
21 803
-
Employer
26 460
-
95 291
-
unemployment
212
-
763
-
health
3 439
-
12 388
-
pensions
5 292
-
19 058
-
total
8 943
-
32 209
-
Corporate
92 096
127 500
-
-
income
18 419
25 501
-
-
total
18 419
25 501
-
-
Dividends
73 677
101 999
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
31 293
25 501
54 012
59 160
After tax
96 207
101 999
73 488
68 340
Living cost
22 529
22 529
22 529
22 529
Free-cash
73 678
79 470
50 959
45 811

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47047
-₽10501
₽66472
₽7133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
other
-
-
-
351
income
-
-
-
33 605
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
40 199
Employee
32 765
-
112 437
-
health
3 752
-
12 874
-
pensions
3 689
-
7 223
-
income
4 495
-
24 464
-
total
11 936
-
44 561
-
Employer
32 765
-
112 437
-
unemployment
803
-
2 755
-
accident
547
-
1 877
-
pensions
5 328
-
10 431
-
total
6 678
-
15 063
-
Corporate
88 057
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.

79 251
114 750
-
-
total
79 251
114 750
-
-
Dividends
8 806
12 750
-
-
withholding
1 673
2 422
-
-
total
1 673
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
99 538
117 172
59 624
40 199
After tax
27 962
10 328
67 876
87 301
Living cost
20 829
20 829
20 829
20 829
Free-cash
7 133
-10 501
47 047
66 472

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94446
₽113571
₽118671
₽112155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
127 500
microenterprise

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

-
-
-
1 275
total
-
-
-
1 275
Employee
9 443
-
127 500
-
income
1 888
-
25 500
-
total
1 888
-
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%.

118 057
127 500
-
-
total
-
-
-
-
Dividends
118 057
127 500
-
-
withholding
5 903
6 375
-
-
total
5 903
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
7 791
6 375
25 500
1 275
After tax
119 709
121 125
102 000
126 225
Living cost
7 554
7 554
7 554
7 554
Free-cash
112 155
113 571
94 446
118 671

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48294
₽68822
₽43019
₽62523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
other
-
-
-
6 057
income
-
-
-
17 362
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.

-
-
-
30 600
health
-
-
-
5 609
total
-
-
-
59 628
Employee
33 866
-
101 838
-
health
474
-
1 425
-
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.

2 370
-
7 128
-
unemployment
338
-
1 018
-
income
5 830
-
19 120
-
total
9 012
-
28 691
-
Employer
33 866
-
101 838
-
unemployment
338
-
1 018
-
accident
271
-
814
-
health
474
-
1 425
-
pensions

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

5 758
-
17 313
-
other
1 694
-
5 092
-
total
8 535
-
25 662
-
Corporate
85 098
127 500
-
-
income
17 870
26 775
-
-
total
17 870
26 775
-
-
Dividends
67 228
100 725
-
-
withholding
4 707
7 050
-
-
total
4 707
7 050
-
-
Income
127 500
127 500
127 500
127 500
Total tax
40 124
33 825
54 353
59 628
After tax
87 376
93 675
73 147
67 872
Living cost
24 853
24 853
24 853
24 853
Free-cash
62 523
68 822
48 294
43 019

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12842
₽24742
₽24591
₽19824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
32 413
pensions
-
-
-
7 690
total
-
-
-
40 103
Employee
88 860
-
111 730
-
health
1 464
-
1 767
-
pensions
8 573
-
9 737
-
income
16 018
-
24 578
-
total
26 055
-
36 082
-
Employer
88 860
-
111 730
-
health
1 688
-
2 122
-
pensions
10 492
-
13 648
-
total
12 180
-
15 770
-
Corporate
26 460
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.

5 028
24 225
-
-
total
5 028
24 225
-
-
Dividends
21 432
103 275
-
-
withholding
1 607
15 727
-
-
total
1 607
15 727
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 870
39 952
51 852
40 103
After tax
82 630
87 548
75 648
87 397
Living cost
62 806
62 806
62 806
62 806
Free-cash
19 824
24 742
12 842
24 591

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽92039
₽96779
₽87439
₽92445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
19 125
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
27 827
Employee
16 200
-
121 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
12 111
-
total
3 965
-
16 831
-
Employer
16 200
-
121 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
108 121
127 500
-
-
income
10 812
12 750
-
-
total
10 812
12 750
-
-
Dividends
97 309
114 750
-
-
withholding
4 866
5 737
-
-
total
4 866
5 737
-
-
Income
127 500
127 500
127 500
127 500
Total tax
22 821
18 487
23 227
27 827
After tax
104 679
109 013
104 273
99 673
Living cost
12 234
12 234
12 234
12 234
Free-cash
92 445
96 779
92 039
87 439

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22977
₽10854
₽21231
₽13202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
32 118
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
54 548
Employee
86 476
79 651
110 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
13 038
-
total
34 754
34 365
35 468
-
Employer
86 476
79 651
110 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
25 883
33 901
-
-
income
5 177
6 781
-
-
total
5 177
6 781
-
-
Dividends
20 706
27 120
-
-
withholding
3 106
4 068
-
-
income
4 400
5 763
-
-
total
7 506
9 831
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 577
64 925
52 802
54 548
After tax
64 923
62 575
74 698
72 952
Living cost
51 721
51 721
51 721
51 721
Free-cash
13 202
10 854
22 977
21 231

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41911
₽64993
₽43077
₽56861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
11 624
health
-
-
-
17 212
total
-
-
-
61 632
Employee
33 517
-
95 149
-
health
4 525
-
12 845
-
social contributions
2 179
-
6 185
-
solidarity contribution
-
-
-
-
income
4 022
-
11 418
-
total
10 726
-
30 448
-
Employer
33 517
-
95 149
-
health
3 017
-
8 563
-
social contributions
8 379
-
23 787
-
total
11 396
-
32 350
-
Corporate
82 588
127 500
-
-
income
15 692
24 225
-
-
total
15 692
24 225
-
-
Dividends
66 896
103 275
-
-
withholding
10 034
15 491
-
-
total
10 034
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
47 848
39 716
62 798
61 632
After tax
79 652
87 784
64 702
65 868
Living cost
22 791
22 791
22 791
22 791
Free-cash
56 861
64 993
41 911
43 077

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17582
₽28669
₽23649
₽23798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
32 793
national
-
-
-
29 475
regional
-
-
-
1 467
total
-
-
-
64 493
Employee
82 895
-
127 500
-
social contributions
27 952
-
42 992
-
national
14 364
-
25 600
-
regional
782
-
1 292
-
municipal
439
-
676
-
total
43 537
-
70 560
-
Employer
82 895
-
127 500
-
total
-
-
-
-
Corporate
44 605
127 500
-
-
municipal
1 740
4 972
-
-
nationa
10 705
30 600
-
-
total
12 445
35 572
-
-
Dividends
32 160
91 928
-
-
withholding
8 362
23 901
-
-
total
8 362
23 901
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 344
59 473
70 560
64 493
After tax
63 156
68 027
56 940
63 007
Living cost
39 358
39 358
39 358
39 358
Free-cash
23 798
28 669
17 582
23 649

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37417
₽59616
₽39918
₽56712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
4 053
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
29 000
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
67 000
Employee
30 845
-
105 329
-
health
788
-
2 685
-
pensions
2 057
-
7 025
-
unemployment
2 147
-
7 331
-
surtax
101
-
3 659
-
other
-
-
-
-
income
5 170
-
26 630
-
total
10 263
-
47 330
-
Employer
30 845
-
105 329
-
unemployment
977
-
3 338
-
health
1 404
-
4 793
-
pensions
4 112
-
14 040
-
other
-
-
-
-
total
6 493
-
22 171
-
Corporate
90 163
127 500
-
-
income
23 442
33 149
-
-
total
23 442
33 149
-
-
Dividends
66 720
94 351
-
-
withholding
10 008
14 153
-
-
total
10 008
14 153
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 206
47 302
69 501
67 000
After tax
77 294
80 198
57 999
60 500
Living cost
20 582
20 582
20 582
20 582
Free-cash
56 712
59 616
37 417
39 918

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽32741
₽44641
₽44490
₽45233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
32 413
pensions
-
-
-
7 690
total
-
-
-
40 103
Employee
59 552
-
111 730
-
health
864
-
1 767
-
pensions
5 055
-
9 737
-
income
10 726
-
24 578
-
total
16 645
-
36 082
-
Employer
59 552
-
111 730
-
health
1 131
-
2 122
-
pensions
6 447
-
13 648
-
total
7 578
-
15 770
-
Corporate
60 370
127 500
-
-
income

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

11 470
24 225
-
-
total
11 470
24 225
-
-
Dividends
48 900
103 275
-
-
withholding
3 667
15 727
-
-
total
3 667
15 727
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 360
39 952
51 852
40 103
After tax
88 140
87 548
75 648
87 397
Living cost
42 907
42 907
42 907
42 907
Free-cash
45 233
44 641
32 741
44 490

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24935
-₽15467
₽31175
₽16095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 343
other

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

-
-
-
2 550
national
-
-
-
1 351
pensions
-
-
-
11 730
regional
-
-
-
5 294
health
-
-
-
286
total
-
-
-
22 554
Employee
86 331
-
114 116
-
health
195
-
258
-
pensions
7 253
-
9 587
-
unemployment
-
-
-
-
city
927
-
1 226
-
national
409
-
1 061
-
regional
2 827
-
4 534
-
total
11 611
-
16 666
-
Employer
86 331
-
114 116
-
unemployment
-
-
-
-
health
195
-
258
-
pensions
7 253
-
9 587
-
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.

1 726
-
2 283
-
total
9 174
-
12 128
-
Corporate
31 046
127 500
-
-
regional
6 567
26 965
-
-
national
2 639
10 838
-
-
total
9 206
37 803
-
-
Dividends
21 840
89 697
-
-
withholding
7 643
31 393
-
-
total
7 643
31 393
-
-
Income
127 500
127 500
127 500
127 500
Total tax
37 634
69 196
28 794
22 554
After tax
89 866
58 304
98 706
104 946
Living cost
73 771
73 771
73 771
73 771
Free-cash
16 095
-15 467
24 935
31 175

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽41124
₽20328
₽26695
₽35451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 943
trade
-
-
-
14 429
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.

-
-
-
35 332
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.

-
-
-
6 372
total
-
-
-
58 076
Employee

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

56 055
-
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.

6 372
-
6 372
-
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.

363
-
1 943
-
income

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

6 592
-
35 332
-
total
13 327
-
43 647
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 445
127 500
-
-
chamber of commerce
242
320
-
-
trade
12 252
21 867
-
-
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.

589
1 051
-
-
income
10 718
19 125
-
-
total
23 801
42 363
-
-
Dividends
47 643
85 136
-
-
withholding
11 557
20 929
-
-
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.

635
1 151
-
-
total
12 192
22 080
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 320
64 443
43 647
58 076
After tax
78 180
63 057
83 853
69 424
Living cost
42 729
42 729
42 729
42 729
Free-cash
35 451
20 328
41 124
26 695

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42279
₽32348
₽40533
₽37856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
3 952
social contributions
-
-
-
3 634
income
-
-
-
16 985
pensions
-
-
-
26 241
health
-
-
-
4 243
total
-
-
-
55 055
Employee
39 919
-
100 849
-
social contributions
1 138
-
2 873
-
pensions
4 514
-
6 110
-
surtax
-
-
-
-
income
2 356
-
17 675
-
total
8 008
-
26 658
-
Employer
39 919
-
100 849
-
unemployment
1 616
-
4 085
-
health
2 795
-
8 264
-
pensions
6 558
-
10 449
-
other
1 377
-
3 550
-
social contributions
120
-
303
-
total
12 466
-
26 651
-
Corporate
75 114
127 500
-
-
surtax
-
-
-
-
income
21 032
35 700
-
-
total
21 032
35 700
-
-
Dividends
54 083
91 800
-
-
withholding
6 923
11 751
-
-
surtax
-
-
-
-
social contributions
9 303
15 789
-
-
total
16 226
27 540
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 732
63 240
53 309
55 055
After tax
69 768
64 260
74 191
72 445
Living cost
31 912
31 912
31 912
31 912
Free-cash
37 856
32 348
42 279
40 533

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45441
₽35510
₽43695
₽40694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
3 952
social contributions
-
-
-
3 634
income
-
-
-
16 985
pensions
-
-
-
26 241
health
-
-
-
4 243
total
-
-
-
55 055
Employee
35 634
-
100 849
-
social contributions
1 016
-
2 873
-
pensions
4 030
-
6 110
-
surtax
-
-
-
-
income
1 837
-
17 675
-
total
6 883
-
26 658
-
Employer
35 634
-
100 849
-
unemployment
1 443
-
4 085
-
health
2 494
-
8 264
-
pensions
5 855
-
10 449
-
other
1 230
-
3 550
-
social contributions
106
-
303
-
total
11 128
-
26 651
-
Corporate
80 738
127 500
-
-
surtax
-
-
-
-
income
22 607
35 700
-
-
total
22 607
35 700
-
-
Dividends
58 131
91 800
-
-
withholding
7 441
11 751
-
-
surtax
-
-
-
-
social contributions
9 997
15 789
-
-
total
17 438
27 540
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 056
63 240
53 309
55 055
After tax
69 444
64 260
74 191
72 445
Living cost
28 750
28 750
28 750
28 750
Free-cash
40 694
35 510
45 441
43 695

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60554
₽58009
₽62103
₽58492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
17 594
income
-
-
-
19 125
health
-
-
-
8 900
total
-
-
-
45 619
Employee
31 625
-
127 500
-
health
2 207
-
8 900
-
social contributions
4 365
-
17 594
-
income
5 275
-
20 674
-
total
11 847
-
47 168
-
Employer
31 625
-
127 500
-
total
-
-
-
-
Corporate
95 875
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%.

4 793
6 376
-
-
total
4 793
6 376
-
-
Dividends
91 082
121 124
-
-
withholding
13 663
18 169
-
-
health
6 358
8 454
-
-
social contributions
12 569
16 714
-
-
total
32 590
43 337
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 230
49 713
47 168
45 619
After tax
78 270
77 787
80 332
81 881
Living cost
19 778
19 778
19 778
19 778
Free-cash
58 492
58 009
60 554
62 103

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1408
₽38031
₽31697
₽36588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
510
unemployment
-
-
-
5 721
income
-
-
-
28 028
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
62 937
Employee
46 614
37 171
98 863
-
health
1 804
1 439
3 827
-
pensions
4 774
3 806
10 123
-
unemployment
1 398
1 115
2 967
-
other
466
372
989
-
income
5 307
2 742
22 851
-
total
13 749
9 474
40 757
-
Employer
46 614
37 171
98 863
-
unemployment
1 398
1 115
2 967
-
payroll
1 398
1 115
2 967
-
accident
605
483
1 285
-
health
1 761
1 405
3 737
-
pensions
5 850
4 666
12 408
-
other
2 214
1 765
4 696
-
surtax
184
184
184
-
chamber of commerce
186
149
395
-
total
13 596
10 882
28 639
-
Corporate
67 289
79 447
95 323
-
income

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

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

16 822
19 862
23 830
-
total
16 822
19 862
23 830
-
Dividends
50 467
59 586
-
-
withholding
13 879
16 385
-
-
total
13 879
16 385
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 046
56 603
93 226
62 937
After tax
69 454
70 897
34 274
64 563
Living cost
32 866
32 866
32 866
32 866
Free-cash
36 588
38 031
1 408
31 697

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12935
₽37374
₽22416
₽23385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
20 101
communal

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

-
-
-
6 445
national
-
-
-
44 529
total
-
-
-
71 075
Employee

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

66 719
-
98 755
-
health

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

3 135
-
4 643
-
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.

5 004
-
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.

581
-
858
-
national
20 512
-
33 753
-
communal

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

3 480
-
5 151
-
total
32 712
-
51 811
-
Employer

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

66 719
-
98 755
-
unemployment

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

974
-
1 443
-
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.

867
-
1 283
-
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.

4 103
-
6 073
-
pensions

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

5 912
-
8 749
-
surtax
7 565
-
11 197
-
total
19 421
-
28 745
-
Corporate
41 360
127 500
-
-
surtax
165
510
-
-
income
8 271
25 501
-
-
total
8 436
26 011
-
-
Dividends
32 924
101 489
-
-
withholding

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

9 537
30 106
-
-
total
9 537
30 106
-
-
Income
127 500
127 500
127 500
127 500
Total tax
70 106
56 117
80 556
71 075
After tax
57 394
71 383
46 944
56 425
Living cost
34 009
34 009
34 009
34 009
Free-cash
23 385
37 374
12 935
22 416

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽33426
₽51747
₽37910
₽44713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
29 969
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
55 905
Employee
46 429
-
99 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
27 337
-
total
12 744
-
32 828
-
Employer
46 429
-
99 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
66 272
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.

9 941
19 125
-
-
total
9 941
19 125
-
-
Dividends
56 331
108 375
-
-
withholding
11 617
22 943
-
-
total
11 617
22 943
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 102
42 068
60 389
55 905
After tax
78 398
85 432
67 111
71 595
Living cost
33 685
33 685
33 685
33 685
Free-cash
44 713
51 747
33 426
37 910

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21553
₽25748
₽16471
₽15907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
6 321
income
-
-
-
16 820
communal
-
-
-
8 057
pensions
-
-
-
19 111
accident
-
-
-
1 074
health
-
-
-
8 958
total
-
-
-
60 341
Employee
70 635
-
113 890
-
health
3 144
-
5 069
-
pensions
5 650
-
9 110
-
surtax
4 329
-
6 979
-
income
6 823
-
20 491
-
total
19 946
-
41 649
-
Employer
70 635
-
113 890
-
accident
635
-
1 025
-
health
2 154
-
3 475
-
pensions
5 650
-
9 110
-
total
8 439
-
13 610
-
Corporate
48 426
127 500
-
-
communal
3 269
8 606
-
-
surtax
508
1 338
-
-
income
7 264
19 125
-
-
total
11 041
29 069
-
-
Dividends
37 384
98 431
-
-
withholding
5 607
14 764
-
-
income
15 872
7 231
-
-
total
21 479
21 995
-
-
Income
127 500
127 500
127 500
127 500
Total tax
60 905
51 064
55 259
60 341
After tax
66 595
76 436
72 241
67 159
Living cost
50 688
50 688
50 688
50 688
Free-cash
15 907
25 748
21 553
16 471

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37049
₽59248
₽39550
₽56279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
4 053
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
29 000
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
67 000
Employee
31 411
-
105 329
-
health
802
-
2 685
-
pensions
2 096
-
7 025
-
unemployment
2 186
-
7 331
-
surtax
112
-
3 659
-
other
-
-
-
-
income
5 266
-
26 630
-
total
10 462
-
47 330
-
Employer
31 411
-
105 329
-
unemployment
997
-
3 338
-
health
1 428
-
4 793
-
pensions
4 188
-
14 040
-
other
-
-
-
-
total
6 613
-
22 171
-
Corporate
89 476
127 500
-
-
income
23 264
33 149
-
-
total
23 264
33 149
-
-
Dividends
66 213
94 351
-
-
withholding
9 932
14 153
-
-
total
9 932
14 153
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 271
47 302
69 501
67 000
After tax
77 229
80 198
57 999
60 500
Living cost
20 950
20 950
20 950
20 950
Free-cash
56 279
59 248
37 049
39 550

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31390
₽41890
₽37425
₽39820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
32 793
national
-
-
-
29 475
regional
-
-
-
1 923
total
-
-
-
64 949
Employee
51 740
-
127 500
-
social contributions
17 447
-
42 992
-
national
8 197
-
25 600
-
regional
697
-
1 716
-
municipal
274
-
676
-
total
26 615
-
70 984
-
Employer
51 740
-
127 500
-
total
-
-
-
-
Corporate
75 760
127 500
-
-
municipal
3 765
6 337
-
-
nationa
18 182
30 600
-
-
total
21 947
36 937
-
-
Dividends
53 813
90 563
-
-
withholding
13 992
23 547
-
-
total
13 992
23 547
-
-
Income
127 500
127 500
127 500
127 500
Total tax
62 554
60 484
70 984
64 949
After tax
64 946
67 016
56 516
62 551
Living cost
25 126
25 126
25 126
25 126
Free-cash
39 820
41 890
31 390
37 425

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36617
₽59699
₽37783
₽49679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
11 624
health
-
-
-
17 212
total
-
-
-
61 632
Employee
41 301
-
95 149
-
health
5 576
-
12 845
-
social contributions
2 685
-
6 185
-
solidarity contribution
-
-
-
-
income
4 956
-
11 418
-
total
13 217
-
30 448
-
Employer
41 301
-
95 149
-
health
3 717
-
8 563
-
social contributions
10 325
-
23 787
-
total
14 042
-
32 350
-
Corporate
72 156
127 500
-
-
income
13 710
24 225
-
-
total
13 710
24 225
-
-
Dividends
58 447
103 275
-
-
withholding
8 767
15 491
-
-
total
8 767
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 736
39 716
62 798
61 632
After tax
77 764
87 784
64 702
65 868
Living cost
28 085
28 085
28 085
28 085
Free-cash
49 679
59 699
36 617
37 783

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4553
₽41239
₽34990
₽40779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
510
unemployment
-
-
-
5 721
income
-
-
-
28 028
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
62 753
Employee
40 772
37 171
99 008
-
health
1 577
1 439
3 832
-
pensions
4 176
3 806
10 139
-
unemployment
1 223
1 115
2 970
-
other
407
372
989
-
income
3 632
2 742
22 901
-
total
11 015
9 474
40 831
-
Employer
40 772
37 171
99 008
-
unemployment
1 223
1 115
2 970
-
payroll
1 223
1 115
2 970
-
accident
529
483
1 287
-
health
1 542
1 405
3 742
-
pensions
5 117
4 666
12 426
-
other
1 936
1 765
4 701
-
surtax
-
-
-
-
chamber of commerce
163
149
396
-
total
11 733
10 698
28 492
-
Corporate
74 994
79 631
95 468
-
income

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

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

18 748
19 908
23 867
-
total
18 748
19 908
23 867
-
Dividends
56 246
59 724
-
-
withholding
15 468
16 424
-
-
total
15 468
16 424
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 964
56 504
93 190
62 753
After tax
70 536
70 996
34 310
64 747
Living cost
29 757
29 757
29 757
29 757
Free-cash
40 779
41 239
4 553
34 990

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90228
₽109353
₽114453
₽107146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
127 500
-
income
2 943
-
25 500
-
total
2 943
-
25 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

112 785
127 500
-
-
total
-
-
-
-
Dividends
112 785
127 500
-
-
withholding
5 639
6 375
-
-
total
5 639
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
8 582
6 375
25 500
1 275
After tax
118 918
121 125
102 000
126 225
Living cost
11 772
11 772
11 772
11 772
Free-cash
107 146
109 353
90 228
114 453

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35746
₽62766
₽39121
₽54965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
191
income
-
-
-
27 339
pensions
-
-
-
23 285
health
-
-
-
12 546
total
-
-
-
63 361
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.

41 246
-
110 324
-
health
2 664
-
7 126
-
pensions
6 393
-
17 100
-
unemployment
58
-
154
-
income
7 113
-
25 180
-
total
16 228
-
49 560
-
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.

41 246
-
110 324
-
unemployment
25
-
65
-
health
2 747
-
7 347
-
pensions
3 650
-
9 764
-
total
6 422
-
17 176
-
Corporate
79 833
127 500
-
-
income
15 167
24 225
-
-
total
15 167
24 225
-
-
Dividends
64 665
103 275
-
-
withholding
9 700
15 491
-
-
total
9 700
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
47 517
39 716
66 736
63 361
After tax
79 983
87 784
60 764
64 139
Living cost
25 018
25 018
25 018
25 018
Free-cash
54 965
62 766
35 746
39 121

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75293
₽37562
₽48104
-₽10755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
14 535
income
-
-
-
24 852
total
-
-
-
39 387
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
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
98 246
49 929
12 198
39 387
After tax
29 254
77 571
115 302
88 113
Living cost
40 009
40 009
40 009
40 009
Free-cash
-10 755
37 562
75 293
48 104

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31720
₽43264
₽40273
₽42325
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
44 306
income
-
-
-
13 664
total
-
-
-
57 970
Employee
42 898
-
103 029
-
social contributions
4 719
-
11 334
-
surtax
-
-
-
-
income
8 923
-
30 720
-
total
13 642
-
42 054
-
Employer
42 898
-
103 029
-
social contributions
10 188
-
24 469
-
total
10 188
-
24 469
-
Corporate
74 413
127 500
-
-
surtax
-
-
-
-
income
15 628
26 775
-
-
total
15 628
26 775
-
-
Dividends
58 786
100 725
-
-
withholding
16 460
28 204
-
-
total
16 460
28 204
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 918
54 979
66 523
57 970
After tax
71 582
72 521
60 977
69 530
Living cost
29 257
29 257
29 257
29 257
Free-cash
42 325
43 264
31 720
40 273

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29141
₽19210
₽27395
₽25621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
3 952
social contributions
-
-
-
3 634
income
-
-
-
16 985
pensions
-
-
-
26 241
health
-
-
-
4 243
total
-
-
-
55 055
Employee
58 419
-
100 849
-
social contributions
1 664
-
2 873
-
pensions
6 608
-
6 110
-
surtax
-
-
-
-
income
5 097
-
17 675
-
total
13 369
-
26 658
-
Employer
58 419
-
100 849
-
unemployment
2 367
-
4 085
-
health
4 089
-
8 264
-
pensions
9 599
-
10 449
-
other
2 016
-
3 550
-
social contributions
175
-
303
-
total
18 246
-
26 651
-
Corporate
50 836
127 500
-
-
surtax
-
-
-
-
income
14 235
35 700
-
-
total
14 235
35 700
-
-
Dividends
36 601
91 800
-
-
withholding
4 685
11 751
-
-
surtax
-
-
-
-
social contributions
6 294
15 789
-
-
total
10 979
27 540
-
-
Income
127 500
127 500
127 500
127 500
Total tax
56 829
63 240
53 309
55 055
After tax
70 671
64 260
74 191
72 445
Living cost
45 050
45 050
45 050
45 050
Free-cash
25 621
19 210
29 141
27 395

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70518
₽86712
₽67130
₽83578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
4 282
social contributions
-
-
-
28 050
total
-
-
-
32 332
Employee
29 986
-
110 389
-
social contributions
1 949
-
7 176
-
income
-
-
4 657
-
total
1 949
-
11 833
-
Employer
29 986
-
110 389
-
social contributions
4 648
-
17 111
-
total
4 648
-
17 111
-
Corporate
92 866
127 500
-
-
income
9 287
12 750
-
-
total
9 287
12 750
-
-
Dividends
83 578
114 750
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
15 884
12 750
28 944
32 332
After tax
111 616
114 750
98 556
95 168
Living cost
28 038
28 038
28 038
28 038
Free-cash
83 578
86 712
70 518
67 130

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
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.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽75726
-₽75726
₽32402
-₽75726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 466
labour market
-
-
-
10 135
national
-
-
-
13 767
pensions
-
-
-
809
total
-
-
-
50 177
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
158 305
158 305
158 305
50 177
After tax
-30 805
-30 805
-30 805
77 323
Living cost
44 921
44 921
44 921
44 921
Free-cash
-75 726
-75 726
-75 726
32 402

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47354
-₽10194
₽66779
₽7179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
other
-
-
-
351
income
-
-
-
33 605
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
40 199
Employee
32 282
-
112 437
-
health
3 697
-
12 874
-
pensions
3 635
-
7 223
-
income
4 429
-
24 464
-
total
11 761
-
44 561
-
Employer
32 282
-
112 437
-
unemployment
791
-
2 755
-
accident
539
-
1 877
-
pensions
5 249
-
10 431
-
total
6 579
-
15 063
-
Corporate
88 638
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.

79 775
114 750
-
-
total
79 775
114 750
-
-
Dividends
8 864
12 750
-
-
withholding
1 684
2 422
-
-
total
1 684
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
99 799
117 172
59 624
40 199
After tax
27 701
10 328
67 876
87 301
Living cost
20 522
20 522
20 522
20 522
Free-cash
7 179
-10 194
47 354
66 779

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33415
₽46351
₽50896
₽47243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 667
national
-
-
-
16 553
health
-
-
-
1 574
total
-
-
-
40 794
Employee
49 073
-
107 258
-
health
366
-
1 262
-
pensions
3 312
-
7 239
-
unemployment
736
-
1 609
-
national
811
-
10 437
-
municipal
8 038
-
17 486
-
total
13 263
-
38 033
-
Employer
49 073
-
107 258
-
unemployment
319
-
697
-
accident
50
-
108
-
health
377
-
827
-
pensions
8 514
-
18 610
-
total
9 260
-
20 242
-
Corporate
69 168
127 500
-
-
income
13 833
25 501
-
-
total
13 833
25 501
-
-
Dividends

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

41 501
76 499
-
-
national
621
6 069
-
-
municipal
7 470
13 769
-
-
total
8 091
19 838
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 447
45 339
58 275
40 794
After tax
83 053
82 161
69 225
86 706
Living cost
35 810
35 810
35 810
35 810
Free-cash
47 243
46 351
33 415
50 896

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66171
₽71535
₽67394
₽66460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
social contributions
-
-
-
15 091
income
-
-
-
20 168
health
-
-
-
3 252
total
-
-
-
38 511
Employee
71 723
71 723
117 301
-
health
556
1 220
1 995
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
19 511
-
total
11 077
13 812
29 535
-
Employer
71 723
71 723
117 301
-
health
604
1 328
2 170
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
10 199
-
Corporate
91 513
48 497
-
-
income
11 440
6 062
-
-
total
11 440
6 062
-
-
Dividends
80 073
42 435
-
-
withholding
13 612
7 215
-
-
total
13 612
7 215
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 445
34 370
39 734
38 511
After tax
88 055
93 130
87 766
88 989
Living cost
21 595
21 595
21 595
21 595
Free-cash
66 460
71 535
66 171
67 394

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71976
₽90775
₽90688
₽86029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
12 668
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
22 003
Employee

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

21 409
-
118 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
10 357
-
total
6 601
-
31 598
-
Employer

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

21 409
-
118 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
103 887
127 500
-
-
income
9 349
11 475
-
-
total
9 349
11 475
-
-
Dividends
94 538
116 025
-
-
withholding
8 509
10 441
-
-
total
8 509
10 441
-
-
Income
127 500
127 500
127 500
127 500
Total tax
26 662
21 916
40 715
22 003
After tax
100 838
105 584
86 785
105 497
Living cost
14 809
14 809
14 809
14 809
Free-cash
86 029
90 775
71 976
90 688

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41462
₽59783
₽45946
₽55287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
29 969
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
55 905
Employee
34 489
-
99 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
27 337
-
total
8 839
-
32 828
-
Employer
34 489
-
99 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
82 016
127 500
-
-
income

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

12 302
19 125
-
-
total
12 302
19 125
-
-
Dividends
69 714
108 375
-
-
withholding
14 428
22 943
-
-
total
14 428
22 943
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 564
42 068
60 389
55 905
After tax
80 936
85 432
67 111
71 595
Living cost
25 649
25 649
25 649
25 649
Free-cash
55 287
59 783
41 462
45 946

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79726
₽77661
₽79861
₽77349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
43 351
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
45 740
Employee
2 893
-
125 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
43 278
-
total
994
-
44 316
-
Employer
2 893
-
125 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
123 956
127 500
-
-
income
27 270
28 050
-
-
total
27 270
28 050
-
-
Dividends
96 686
99 450
-
-
withholding
19 337
19 890
-
-
total
19 337
19 890
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 252
47 940
45 875
45 740
After tax
79 248
79 560
81 625
81 760
Living cost
1 899
1 899
1 899
1 899
Free-cash
77 349
77 661
79 726
79 861

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57328
₽75986
₽57329
₽71397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
27 978
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
54 038
Employee

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

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

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

24 328
-
115 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
27 978
-
total
8 194
-
41 698
-
Employer

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

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

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

24 328
-
115 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
98 817
127 500
-
-
income
14 823
19 125
-
-
total
14 823
19 125
-
-
Dividends
83 995
108 375
-
-
withholding
12 599
16 256
-
-
total
12 599
16 256
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 970
35 381
54 039
54 038
After tax
87 530
92 119
73 461
73 462
Living cost
16 133
16 133
16 133
16 133
Free-cash
71 397
75 986
57 328
57 329

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35831
₽47375
₽44384
₽47039
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
44 306
income
-
-
-
13 664
total
-
-
-
57 970
Employee
36 201
-
103 029
-
social contributions
3 983
-
11 334
-
surtax
-
-
-
-
income
7 074
-
30 720
-
total
11 057
-
42 054
-
Employer
36 201
-
103 029
-
social contributions
8 597
-
24 469
-
total
8 597
-
24 469
-
Corporate
82 702
127 500
-
-
surtax
-
-
-
-
income
17 368
26 775
-
-
total
17 368
26 775
-
-
Dividends
65 334
100 725
-
-
withholding
18 293
28 204
-
-
total
18 293
28 204
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 315
54 979
66 523
57 970
After tax
72 185
72 521
60 977
69 530
Living cost
25 146
25 146
25 146
25 146
Free-cash
47 039
47 375
35 831
44 384

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34331
₽52652
₽38815
₽45936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
29 969
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
55 905
Employee
45 047
-
99 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
27 337
-
total
12 267
-
32 828
-
Employer
45 047
-
99 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
68 091
127 500
-
-
income

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

10 213
19 125
-
-
total
10 213
19 125
-
-
Dividends
57 878
108 375
-
-
withholding
11 942
22 943
-
-
total
11 942
22 943
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 784
42 068
60 389
55 905
After tax
78 716
85 432
67 111
71 595
Living cost
32 780
32 780
32 780
32 780
Free-cash
45 936
52 652
34 331
38 815

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88221
₽92961
₽83621
₽87273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
19 125
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
27 827
Employee
21 255
-
121 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
12 111
-
total
5 204
-
16 831
-
Employer
21 255
-
121 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
102 075
127 500
-
-
income
10 207
12 750
-
-
total
10 207
12 750
-
-
Dividends
91 867
114 750
-
-
withholding
4 593
5 737
-
-
total
4 593
5 737
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 175
18 487
23 227
27 827
After tax
103 325
109 013
104 273
99 673
Living cost
16 052
16 052
16 052
16 052
Free-cash
87 273
92 961
88 221
83 621

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47843
₽29669
₽35770
₽41871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 943
trade
-
-
-
12 073
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.

-
-
-
35 332
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.

-
-
-
6 372
total
-
-
-
55 720
Employee

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

46 409
-
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.

6 372
-
6 372
-
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.

211
-
1 943
-
income

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

3 816
-
35 332
-
total
10 399
-
43 647
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 091
127 500
-
-
chamber of commerce
260
329
-
-
trade
11 636
18 297
-
-
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.

669
1 051
-
-
income
12 164
19 125
-
-
total
24 729
38 802
-
-
Dividends
56 362
88 697
-
-
withholding
13 735
21 819
-
-
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.

756
1 200
-
-
total
14 491
23 019
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 619
61 821
43 647
55 720
After tax
77 881
65 679
83 853
71 780
Living cost
36 010
36 010
36 010
36 010
Free-cash
41 871
29 669
47 843
35 770

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18365
₽36118
₽18365
₽38178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
35 583
social contributions
-
-
-
20 420
total
-
-
-
56 003
Employee
72 960
-
127 500
-
social contributions
6 061
-
20 420
-
income
13 767
-
35 583
-
total
19 828
-
56 003
-
Employer
72 960
-
127 500
-
total
-
-
-
-
Corporate
54 540
127 500
-
-
income
6 818
15 937
-
-
total
6 818
15 937
-
-
Dividends
47 721
111 563
-
-
withholding
9 544
22 313
-
-
total
9 544
22 313
-
-
Income
127 500
127 500
127 500
127 500
Total tax
36 190
38 250
56 003
56 003
After tax
91 310
89 250
71 497
71 497
Living cost
53 132
53 132
53 132
53 132
Free-cash
38 178
36 118
18 365
18 365

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59041
₽44090
₽61410
₽47348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
123 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
26 019
-
total
8 930
-
30 310
-
Employer
42 788
-
123 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
80 425
127 500
-
-
income
28 149
44 624
-
-
total
28 149
44 624
-
-
Dividends
52 276
82 876
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 294
49 552
34 601
32 232
After tax
81 206
77 948
92 899
95 268
Living cost
33 858
33 858
33 858
33 858
Free-cash
47 348
44 090
59 041
61 410

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40766
₽52666
₽52515
₽55350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
income
-
-
-
32 413
pensions
-
-
-
7 690
total
-
-
-
40 103
Employee
47 881
-
111 730
-
health
625
-
1 767
-
pensions
3 654
-
9 737
-
income
8 719
-
24 578
-
total
12 998
-
36 082
-
Employer
47 881
-
111 730
-
health
910
-
2 122
-
pensions
4 837
-
13 648
-
total
5 747
-
15 770
-
Corporate
73 872
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.

14 035
24 225
-
-
total
14 035
24 225
-
-
Dividends
59 837
103 275
-
-
withholding
4 488
15 727
-
-
total
4 488
15 727
-
-
Income
127 500
127 500
127 500
127 500
Total tax
37 268
39 952
51 852
40 103
After tax
90 232
87 548
75 648
87 397
Living cost
34 882
34 882
34 882
34 882
Free-cash
55 350
52 666
40 766
52 515

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45322
-₽12226
₽64747
₽6869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
127 500
other
-
-
-
351
income
-
-
-
33 605
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
40 199
Employee
35 478
-
112 437
-
health
4 062
-
12 874
-
pensions
3 995
-
7 223
-
income
4 867
-
24 464
-
total
12 924
-
44 561
-
Employer
35 478
-
112 437
-
unemployment
869
-
2 755
-
accident
592
-
1 877
-
pensions
5 768
-
10 431
-
total
7 229
-
15 063
-
Corporate
84 792
127 500
-
-
income

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

76 313
114 750
-
-
total
76 313
114 750
-
-
Dividends
8 479
12 750
-
-
withholding
1 611
2 422
-
-
total
1 611
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
98 077
117 172
59 624
40 199
After tax
29 423
10 328
67 876
87 301
Living cost
22 554
22 554
22 554
22 554
Free-cash
6 869
-12 226
45 322
64 747

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽73906
₽94684
₽59368
₽90317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 530
health insurance
-
-
-
9 435
income
-
-
-
20 463
pensions
-
-
-
23 460
work injury
-
-
-
637
total
-
-
-
55 525
Employee

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

20 172
-
127 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
20 463
-
total
7 565
-
40 987
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 328
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%.

1 073
1 275
-
-
total
1 073
1 275
-
-
Dividends
106 255
126 225
-
-
withholding
15 938
18 934
-
-
total
15 938
18 934
-
-
Income
127 500
127 500
127 500
127 500
Total tax
24 576
20 209
40 987
55 525
After tax
102 924
107 291
86 513
71 975
Living cost
12 607
12 607
12 607
12 607
Free-cash
90 317
94 684
73 906
59 368

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18528
₽30000
₽24360
₽25756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
853
social contributions
-
-
-
32 793
national
-
-
-
29 475
regional
-
-
-
2 861
total
-
-
-
65 982
Employee
78 598
-
127 500
-
social contributions
26 503
-
42 992
-
national
13 282
-
25 600
-
regional
1 187
-
2 461
-
municipal
469
-
761
-
total
41 441
-
71 814
-
Employer
78 598
-
127 500
-
total
-
-
-
-
Corporate
48 902
127 500
-
-
municipal
2 358
6 146
-
-
nationa
11 737
30 600
-
-
total
14 095
36 746
-
-
Dividends
34 807
90 754
-
-
withholding
9 050
23 596
-
-
total
9 050
23 596
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 586
60 342
71 814
65 982
After tax
62 914
67 158
55 686
61 518
Living cost
37 158
37 158
37 158
37 158
Free-cash
25 756
30 000
18 528
24 360

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
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.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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