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
₽ 128500
per

Your estimated
City
free-cash

Dresden , Germany
₽34324
₽45491
₽42049
₽54897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
trade
-
-
-
12 848
income

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

-
-
-
34 258
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 884
total
-
-
-
55 884
Employee

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

38 599
-
128 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
1 884
-
income

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

1 078
-
34 258
-
total
8 031
-
43 036
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 901
128 500
-
-
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.

741
1 061
-
-
income
13 484
19 276
-
-
trade
14 158
20 239
-
-
chamber of commerce
282
337
-
-
total
28 665
40 913
-
-
Dividends
61 235
87 587
-
-
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.

822
1 184
-
-
withholding
14 924
21 512
-
-
total
15 746
22 696
-
-
Income
128 500
128 500
128 500
128 500
Total tax
52 442
63 609
43 036
55 884
After tax
76 058
64 891
85 464
72 616
Living cost
30 567
30 567
30 567
30 567
Free-cash
45 491
34 324
54 897
42 049

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽29190
₽28342
₽25694
₽26702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
municipal
-
-
-
13 732
pensions
-
-
-
15 420
national
-
-
-
21 279
social contributions
-
-
-
1 381
total
-
-
-
51 812
Employee
79 050
-
111 087
-
municipal
9 764
-
14 230
-
pensions
3 162
-
4 443
-
national
15 130
-
22 050
-
total
28 056
-
40 723
-
Employer
79 050
-
111 087
-
social contributions
850
-
1 194
-
pensions
6 324
-
8 887
-
total
7 174
-
10 081
-
Corporate
37 059
128 500
-
-
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%.

7 412
25 700
-
-
total
7 412
25 700
-
-
Dividends
29 647
102 800
-
-
withholding
6 522
22 616
-
-
total
6 522
22 616
-
-
Income
128 500
128 500
128 500
128 500
Total tax
49 164
48 316
50 804
51 812
After tax
79 336
80 184
77 696
76 688
Living cost
50 994
50 994
50 994
50 994
Free-cash
28 342
29 190
26 702
25 694

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽81804
₽73528
₽16558
₽51119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
microenterprise
-
-
-
-
income
-
-
-
19 513
surtax
-
-
-
32 768
social contributions

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

-
-
-
38 666
total
-
-
-
90 947
Employee
29 489
-
103 554
-
social contributions

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

3 244
-
11 391
-
surtax
-
-
-
-
income
5 249
-
20 049
-
total
8 493
-
31 440
-
Employer
29 489
-
103 554
-
social contributions

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

7 103
-
24 946
-
surtax
-
-
-
-
total
7 103
-
24 946
-
Corporate
91 908
128 500
-
-
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%.

18 381
25 701
-
-
total
18 381
25 701
-
-
Dividends

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

73 527
102 799
-
-
total
-
-
-
-
Income
128 500
128 500
128 500
128 500
Total tax
33 977
25 701
56 386
90 947
After tax
94 523
102 799
72 114
37 553
Living cost
20 995
20 995
20 995
20 995
Free-cash
73 528
81 804
51 119
16 558

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽20610
₽14428
₽31726
₽29095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
30 230
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
54 498
Employee
86 180
86 180
109 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
38 374
-
Employer
86 180
86 180
109 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
28 286
27 229
-
-
income
5 657
5 447
-
-
total
5 657
5 447
-
-
Dividends
22 629
21 782
-
-
income
4 809
4 629
-
-
withholding
3 394
3 267
-
-
total
8 203
7 896
-
-
Income
128 500
128 500
128 500
128 500
Total tax
71 796
65 614
57 129
54 498
After tax
56 704
62 886
71 371
74 002
Living cost
42 276
42 276
42 276
42 276
Free-cash
14 428
20 610
29 095
31 726

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽31169
₽30294
₽29204
₽28152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
municipal
-
-
-
30 936
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
4 611
total
-
-
-
60 304
Employee
55 560
-
101 650
-
municipal
16 568
-
30 312
-
national
-
-
4 193
-
total
16 568
-
34 505
-
Employer
55 560
-
101 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
55 483
128 500
-
-
income
12 206
28 270
-
-
total
12 206
28 270
-
-
Dividends
43 277
100 230
-
-
withholding
12 983
30 069
-
-
total
12 983
30 069
-
-
Income
128 500
128 500
128 500
128 500
Total tax
59 214
58 339
61 356
60 304
After tax
69 286
70 161
67 144
68 196
Living cost
38 992
38 992
38 992
38 992
Free-cash
30 294
31 169
28 152
29 204

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽24586
₽38768
₽32400
₽45819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
trade
-
-
-
13 419
income

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

-
-
-
34 258
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 884
total
-
-
-
56 455
Employee

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

51 178
-
128 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
1 884
-
income

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

4 397
-
34 258
-
total
11 532
-
43 036
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 322
128 500
-
-
surtax

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

638
1 061
-
-
income
11 598
19 276
-
-
trade
12 720
21 139
-
-
chamber of commerce
262
335
-
-
total
25 218
41 811
-
-
Dividends
52 104
86 689
-
-
surtax

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

695
1 170
-
-
withholding
12 642
21 288
-
-
total
13 337
22 458
-
-
Income
128 500
128 500
128 500
128 500
Total tax
50 087
64 269
43 036
56 455
After tax
78 413
64 231
85 464
72 045
Living cost
39 645
39 645
39 645
39 645
Free-cash
38 768
24 586
45 819
32 400

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽61167
₽56983
₽57264
₽55902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
18 898
health
-
-
-
3 277
social contributions
-
-
-
16 328
total
-
-
-
38 503
Employee
77 601
77 601
117 637
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
1 999
-
income
8 149
7 184
18 316
-
total
12 692
14 945
29 002
-
Employer
77 601
77 601
117 637
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 176
-
total
4 612
7 877
10 863
-
Corporate
78 464
43 022
-
-
income
9 807
5 378
-
-
total
9 807
5 378
-
-
Dividends
68 657
37 644
-
-
withholding
11 673
6 400
-
-
total
11 673
6 400
-
-
Income
128 500
128 500
128 500
128 500
Total tax
38 784
34 600
39 865
38 503
After tax
89 716
93 900
88 635
89 997
Living cost
32 733
32 733
32 733
32 733
Free-cash
56 983
61 167
55 902
57 264

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽53953
₽54334
₽70683
₽56156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
15 709
pensions
-
-
-
12 850
unemployment
-
-
-
1 927
health
-
-
-
8 995
total
-
-
-
39 481
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
107 531
-
health
1 853
737
7 527
-
income
3 236
1 288
13 146
-
pensions
2 647
1 053
10 753
-
unemployment
397
158
1 613
-
total
8 133
3 236
33 039
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
107 531
-
pensions
5 161
2 054
20 969
-
total
5 161
2 054
20 969
-
Corporate
96 870
115 912
-
-
income
8 718
10 432
-
-
total
8 718
10 432
-
-
Dividends
88 152
105 480
-
-
social contributions
17 069
20 448
-
-
withholding
16 749
20 041
-
-
total
33 818
40 489
-
-
Income
128 500
128 500
128 500
128 500
Total tax
55 830
56 211
54 008
39 481
After tax
72 670
72 289
74 492
89 019
Living cost
18 336
18 336
18 336
18 336
Free-cash
54 334
53 953
56 156
70 683

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽78424
₽72156
₽44499
₽49689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
17 219
pensions
-
-
-
25 701
health
-
-
-
16 706
total
-
-
-
59 626
Employee
28 629
-
96 039
-
income
3 223
-
18 517
-
pensions
573
-
1 921
-
unemployment
458
-
1 536
-
total
4 254
-
21 974
-
Employer
28 629
-
96 039
-
unemployment
230
-
768
-
pensions
5 726
-
19 209
-
health
3 721
-
12 485
-
total
9 677
-
32 462
-
Corporate
90 194
128 500
-
-
income
18 038
25 701
-
-
total
18 038
25 701
-
-
Dividends
72 156
102 799
-
-
total
-
-
-
-
Income
128 500
128 500
128 500
128 500
Total tax
31 969
25 701
54 436
59 626
After tax
96 531
102 799
74 064
68 874
Living cost
24 375
24 375
24 375
24 375
Free-cash
72 156
78 424
49 689
44 499

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽11663
₽7023
₽65945
₽46033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
accident
-
-
-
253
income
-
-
-
33 496
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
40 483
Employee
34 721
-
112 799
-
health
3 975
-
12 915
-
income
4 763
-
24 125
-
pensions
3 910
-
7 654
-
total
12 648
-
44 694
-
Employer
34 721
-
112 799
-
accident
580
-
1 884
-
unemployment
851
-
2 764
-
pensions
5 646
-
11 053
-
total
7 077
-
15 701
-
Corporate
86 703
128 500
-
-
income

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

78 033
115 650
-
-
total
78 033
115 650
-
-
Dividends
8 670
12 850
-
-
withholding
1 647
2 441
-
-
total
1 647
2 441
-
-
Income
128 500
128 500
128 500
128 500
Total tax
99 405
118 091
60 395
40 483
After tax
29 095
10 409
68 105
88 017
Living cost
22 072
22 072
22 072
22 072
Free-cash
7 023
-11 663
46 033
65 945

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽112995
₽111292
₽118135
₽93720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
128 500
microenterprise

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

-
-
-
1 285
total
-
-
-
1 285
Employee
11 349
-
128 500
-
income
2 270
-
25 700
-
total
2 270
-
25 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

117 151
128 500
-
-
total
-
-
-
-
Dividends
117 151
128 500
-
-
withholding
5 858
6 425
-
-
total
5 858
6 425
-
-
Income
128 500
128 500
128 500
128 500
Total tax
8 128
6 425
25 700
1 285
After tax
120 372
122 075
102 800
127 215
Living cost
9 080
9 080
9 080
9 080
Free-cash
111 292
112 995
93 720
118 135

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽67518
₽60703
₽41807
₽47116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
17 205
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.

-
-
-
30 841
other
-
-
-
6 103
health
-
-
-
5 653
total
-
-
-
59 802
Employee
36 642
-
102 634
-
health
513
-
1 436
-
income
6 308
-
18 977
-
pensions

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

2 564
-
7 186
-
unemployment
366
-
1 027
-
total
9 751
-
28 626
-
Employer
36 642
-
102 634
-
accident
293
-
822
-
other
1 833
-
5 133
-
unemployment
366
-
1 027
-
pensions

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

6 230
-
17 449
-
health
513
-
1 436
-
total
9 235
-
25 867
-
Corporate
82 623
128 500
-
-
income
17 351
26 986
-
-
total
17 351
26 986
-
-
Dividends
65 272
101 514
-
-
withholding
4 569
7 105
-
-
total
4 569
7 105
-
-
Income
128 500
128 500
128 500
128 500
Total tax
40 906
34 091
54 493
59 802
After tax
87 594
94 409
74 007
68 698
Living cost
26 891
26 891
26 891
26 891
Free-cash
60 703
67 518
47 116
41 807

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽21769
₽14645
₽21232
₽9325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
31 428
pensions
-
-
-
8 114
total
-
-
-
39 542
Employee
95 822
-
112 715
-
health
1 579
-
1 829
-
income
17 273
-
23 491
-
pensions
9 244
-
10 344
-
total
28 096
-
35 664
-
Employer
95 822
-
112 715
-
pensions
11 314
-
13 644
-
health
1 820
-
2 141
-
total
13 134
-
15 785
-
Corporate
19 544
128 500
-
-
income

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

3 713
24 414
-
-
total
3 713
24 414
-
-
Dividends
15 830
104 086
-
-
withholding
1 186
14 591
-
-
total
1 186
14 591
-
-
Income
128 500
128 500
128 500
128 500
Total tax
46 129
39 005
51 449
39 542
After tax
82 371
89 495
77 051
88 958
Living cost
67 726
67 726
67 726
67 726
Free-cash
14 645
21 769
9 325
21 232

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽96628
₽91938
₽86569
₽91075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
19 275
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
28 692
Employee
17 531
-
121 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
12 158
-
pensions

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

1 539
-
3 097
-
total
4 291
-
17 265
-
Employer
17 531
-
121 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
107 529
128 500
-
-
income
10 753
12 850
-
-
total
10 753
12 850
-
-
Dividends
96 776
115 650
-
-
withholding
4 839
5 783
-
-
total
4 839
5 783
-
-
Income
128 500
128 500
128 500
128 500
Total tax
23 323
18 633
24 186
28 692
After tax
105 177
109 867
104 314
99 808
Living cost
13 239
13 239
13 239
13 239
Free-cash
91 938
96 628
91 075
86 569

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽6925
₽9462
₽18041
₽15410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
30 230
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
54 498
Employee
93 564
86 180
109 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
38 374
-
Employer
93 564
86 180
109 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
18 554
27 229
-
-
income
3 711
5 447
-
-
total
3 711
5 447
-
-
Dividends
14 843
21 782
-
-
income
3 154
4 629
-
-
withholding
2 227
3 267
-
-
total
5 381
7 896
-
-
Income
128 500
128 500
128 500
128 500
Total tax
63 077
65 614
57 129
54 498
After tax
65 423
62 886
71 371
74 002
Living cost
55 961
55 961
55 961
55 961
Free-cash
9 462
6 925
15 410
18 041

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽64301
₽55679
₽40744
₽41038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
11 456
health
-
-
-
17 348
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
63 585
Employee
35 546
-
95 896
-
social contributions
2 310
-
6 233
-
health
4 799
-
12 946
-
solidarity contribution
-
-
-
-
income
4 265
-
11 507
-
total
11 374
-
30 686
-
Employer
35 546
-
95 896
-
social contributions
8 886
-
23 974
-
health
3 199
-
8 631
-
total
12 085
-
32 605
-
Corporate
80 869
128 500
-
-
income
15 365
24 415
-
-
total
15 365
24 415
-
-
Dividends
65 504
104 085
-
-
withholding
9 826
15 613
-
-
total
9 826
15 613
-
-
Income
128 500
128 500
128 500
128 500
Total tax
48 650
40 028
63 291
63 585
After tax
79 850
88 472
65 209
64 915
Living cost
24 171
24 171
24 171
24 171
Free-cash
55 679
64 301
41 038
40 744

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽25977
₽20707
₽21411
₽15298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
municipal
-
-
-
764
regional
-
-
-
1 467
national
-
-
-
29 223
social contributions
-
-
-
33 051
total
-
-
-
64 505
Employee
89 690
-
128 500
-
social contributions
30 243
-
43 329
-
regional
846
-
1 289
-
municipal
475
-
682
-
national
15 541
-
25 318
-
total
47 105
-
70 618
-
Employer
89 690
-
128 500
-
total
-
-
-
-
Corporate
38 810
128 500
-
-
nationa
9 315
30 839
-
-
municipal
1 513
5 012
-
-
total
10 828
35 851
-
-
Dividends
27 982
92 649
-
-
withholding
7 276
24 088
-
-
total
7 276
24 088
-
-
Income
128 500
128 500
128 500
128 500
Total tax
65 209
59 939
70 618
64 505
After tax
63 291
68 561
57 882
63 995
Living cost
42 584
42 584
42 584
42 584
Free-cash
20 707
25 977
15 298
21 411

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽58558
₽55417
₽39495
₽37373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
27 878
pensions
-
-
-
25 701
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 124
surtax
-
-
-
3 803
total
-
-
-
66 736
Employee
33 373
-
106 154
-
other
-
-
-
-
health
852
-
2 708
-
surtax
109
-
3 468
-
income
5 594
-
25 867
-
pensions
2 225
-
7 080
-
unemployment
2 323
-
7 389
-
total
11 103
-
46 512
-
Employer
33 373
-
106 154
-
other
-
-
-
-
unemployment
1 057
-
3 365
-
pensions
4 449
-
14 151
-
health
1 519
-
4 830
-
total
7 025
-
22 346
-
Corporate
88 102
128 500
-
-
income
22 907
33 409
-
-
total
22 907
33 409
-
-
Dividends
65 196
95 091
-
-
withholding
9 779
14 264
-
-
total
9 779
14 264
-
-
Income
128 500
128 500
128 500
128 500
Total tax
50 814
47 673
68 858
66 736
After tax
77 686
80 827
59 642
61 764
Living cost
22 269
22 269
22 269
22 269
Free-cash
55 417
58 558
37 373
39 495

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽43226
₽42042
₽42689
₽30782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
31 428
pensions
-
-
-
8 114
total
-
-
-
39 542
Employee
64 218
-
112 715
-
health
932
-
1 829
-
income
11 566
-
23 491
-
pensions
5 451
-
10 344
-
total
17 949
-
35 664
-
Employer
64 218
-
112 715
-
pensions
6 952
-
13 644
-
health
1 220
-
2 141
-
total
8 172
-
15 785
-
Corporate
56 111
128 500
-
-
income

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

10 660
24 414
-
-
total
10 660
24 414
-
-
Dividends
45 450
104 086
-
-
withholding
3 408
14 591
-
-
total
3 408
14 591
-
-
Income
128 500
128 500
128 500
128 500
Total tax
40 189
39 005
51 449
39 542
After tax
88 311
89 495
77 051
88 958
Living cost
46 269
46 269
46 269
46 269
Free-cash
42 042
43 226
30 782
42 689

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽17514
₽15120
₽29644
₽23322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
city
-
-
-
1 354
pensions
-
-
-
11 821
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.

-
-
-
2 570
regional
-
-
-
5 238
health
-
-
-
290
national
-
-
-
1 309
total
-
-
-
22 582
Employee
89 260
-
115 014
-
city
958
-
1 236
-
regional
2 923
-
4 500
-
health
202
-
259
-
pensions
7 499
-
9 662
-
unemployment
-
-
-
-
national
422
-
1 026
-
total
12 004
-
16 683
-
Employer
89 260
-
115 014
-
other

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

1 785
-
2 300
-
unemployment
-
-
-
-
pensions
7 499
-
9 662
-
health
202
-
259
-
total
9 486
-
12 221
-
Corporate
28 773
128 500
-
-
regional
6 085
27 177
-
-
national
2 445
10 923
-
-
total
8 530
38 100
-
-
Dividends
20 244
90 400
-
-
withholding
7 086
31 640
-
-
total
7 086
31 640
-
-
Income
128 500
128 500
128 500
128 500
Total tax
37 106
69 740
28 904
22 582
After tax
91 394
58 760
99 596
105 918
Living cost
76 274
76 274
76 274
76 274
Free-cash
15 120
-17 514
23 322
29 644

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽17339
₽33704
₽25241
₽39233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
trade
-
-
-
13 992
income

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

-
-
-
34 258
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 884
total
-
-
-
57 028
Employee

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

60 650
-
128 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
1 884
-
income

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

7 132
-
34 258
-
total
14 419
-
43 036
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 850
128 500
-
-
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.

559
1 061
-
-
income
10 177
19 276
-
-
trade
11 636
22 037
-
-
chamber of commerce
249
333
-
-
total
22 621
42 707
-
-
Dividends
45 229
85 793
-
-
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.

601
1 159
-
-
withholding
10 924
21 064
-
-
total
11 525
22 223
-
-
Income
128 500
128 500
128 500
128 500
Total tax
48 565
64 930
43 036
57 028
After tax
79 935
63 570
85 464
71 472
Living cost
46 231
46 231
46 231
46 231
Free-cash
33 704
17 339
39 233
25 241

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽30236
₽36198
₽38684
₽41598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
16 140
pensions
-
-
-
27 609
other
-
-
-
3 983
health
-
-
-
3 895
surtax
-
-
-
-
social contributions
-
-
-
3 662
total
-
-
-
55 289
Employee
43 191
-
102 286
-
social contributions
1 231
-
2 913
-
surtax
-
-
-
-
income
2 549
-
17 331
-
pensions
4 884
-
5 920
-
total
8 664
-
26 164
-
Employer
43 191
-
102 286
-
other
1 490
-
3 530
-
social contributions
130
-
306
-
unemployment
1 748
-
4 142
-
pensions
7 095
-
10 181
-
health
3 024
-
8 052
-
total
13 487
-
26 211
-
Corporate
71 820
128 500
-
-
surtax
-
-
-
-
income
20 111
35 979
-
-
total
20 111
35 979
-
-
Dividends
51 710
92 521
-
-
surtax
-
-
-
-
social contributions
8 894
15 915
-
-
withholding
6 619
11 843
-
-
total
15 513
27 758
-
-
Income
128 500
128 500
128 500
128 500
Total tax
57 775
63 737
52 375
55 289
After tax
70 725
64 763
76 125
73 211
Living cost
34 527
34 527
34 527
34 527
Free-cash
36 198
30 236
41 598
38 684

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽33656
₽39264
₽42104
₽45018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
16 140
pensions
-
-
-
27 609
other
-
-
-
3 983
health
-
-
-
3 895
surtax
-
-
-
-
social contributions
-
-
-
3 662
total
-
-
-
55 289
Employee
38 554
-
102 286
-
social contributions
1 099
-
2 913
-
surtax
-
-
-
-
income
1 988
-
17 331
-
pensions
4 361
-
5 920
-
total
7 448
-
26 164
-
Employer
38 554
-
102 286
-
other
1 331
-
3 530
-
social contributions
115
-
306
-
unemployment
1 561
-
4 142
-
pensions
6 335
-
10 181
-
health
2 698
-
8 052
-
total
12 040
-
26 211
-
Corporate
77 905
128 500
-
-
surtax
-
-
-
-
income
21 813
35 979
-
-
total
21 813
35 979
-
-
Dividends
56 092
92 521
-
-
surtax
-
-
-
-
social contributions
9 648
15 915
-
-
withholding
7 180
11 843
-
-
total
16 828
27 758
-
-
Income
128 500
128 500
128 500
128 500
Total tax
58 129
63 737
52 375
55 289
After tax
70 371
64 763
76 125
73 211
Living cost
31 107
31 107
31 107
31 107
Free-cash
39 264
33 656
45 018
42 104

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽56999
₽57522
₽61123
₽59921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
19 276
health
-
-
-
8 968
social contributions
-
-
-
17 734
total
-
-
-
45 978
Employee
34 217
-
128 500
-
social contributions
4 723
-
17 734
-
health
2 388
-
8 968
-
income
5 707
-
20 478
-
total
12 818
-
47 180
-
Employer
34 217
-
128 500
-
total
-
-
-
-
Corporate
94 283
128 500
-
-
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%.

4 715
6 425
-
-
total
4 715
6 425
-
-
Dividends
89 568
122 075
-
-
health
6 251
8 520
-
-
social contributions
12 360
16 847
-
-
withholding
13 435
18 310
-
-
total
32 046
43 677
-
-
Income
128 500
128 500
128 500
128 500
Total tax
49 579
50 102
47 180
45 978
After tax
78 921
78 398
81 320
82 522
Living cost
21 399
21 399
21 399
21 399
Free-cash
57 522
56 999
59 921
61 123

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽36008
₽34447
₽28853
-₽121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
chamber of commerce
-
-
-
513
income
-
-
-
26 356
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
64 087
Employee
50 434
40 217
99 628
-
other
504
402
996
-
health
1 952
1 557
3 855
-
income
5 742
2 967
22 200
-
pensions
5 165
4 117
10 202
-
unemployment
1 513
1 207
2 989
-
total
14 876
10 250
40 242
-
Employer
50 434
40 217
99 628
-
accident
655
523
1 295
-
other
2 396
1 909
4 732
-
chamber of commerce
201
161
398
-
unemployment
1 513
1 207
2 989
-
surtax
199
199
199
-
pensions
6 329
5 048
12 504
-
payroll
1 513
1 207
2 989
-
health
1 906
1 521
3 765
-
total
14 712
11 775
28 871
-
Corporate
63 354
76 509
95 798
-
income

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

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

15 838
19 126
23 948
-
total
15 838
19 126
23 948
-
Dividends
47 516
57 382
-
-
withholding
13 067
15 781
-
-
total
13 067
15 781
-
-
Income
128 500
128 500
128 500
128 500
Total tax
58 493
56 932
93 061
64 087
After tax
70 007
71 568
35 439
64 413
Living cost
35 560
35 560
35 560
35 560
Free-cash
34 447
36 008
-121
28 853

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽35172
₽20037
₽20685
₽11191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
national
-
-
-
44 122
communal

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

-
-
-
6 485
social contributions
-
-
-
20 412
total
-
-
-
71 019
Employee

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

72 187
-
99 526
-
communal

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

3 765
-
5 192
-
health

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

3 392
-
4 679
-
pensions

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

5 414
-
7 465
-
unemployment

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

628
-
866
-
national
22 193
-
33 336
-
total
35 392
-
51 538
-
Employer

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

72 187
-
99 526
-
accident

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

938
-
1 295
-
unemployment

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

1 053
-
1 454
-
surtax
8 185
-
11 288
-
pensions

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

6 396
-
8 817
-
health

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

4 439
-
6 121
-
total
21 011
-
28 975
-
Corporate
35 300
128 500
-
-
surtax
142
513
-
-
income
7 059
25 701
-
-
total
7 201
26 214
-
-
Dividends
28 099
102 286
-
-
withholding

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

8 063
30 318
-
-
total
8 063
30 318
-
-
Income
128 500
128 500
128 500
128 500
Total tax
71 667
56 532
80 513
71 019
After tax
56 833
71 968
47 987
57 481
Living cost
36 796
36 796
36 796
36 796
Free-cash
20 037
35 172
11 191
20 685

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽49800
₽42032
₽35060
₽30211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
accident
-
-
-
843
income
-
-
-
28 931
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
56 994
Employee
50 235
-
98 680
-
other
50
-
94
-
income
10 599
-
26 081
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
32 022
-
Employer
50 235
-
98 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
62 253
128 500
-
-
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.

9 338
19 276
-
-
total
9 338
19 276
-
-
Dividends
52 915
109 224
-
-
withholding
10 882
22 978
-
-
total
10 882
22 978
-
-
Income
128 500
128 500
128 500
128 500
Total tax
50 022
42 254
61 843
56 994
After tax
78 478
86 246
66 657
71 506
Living cost
36 446
36 446
36 446
36 446
Free-cash
42 032
49 800
30 211
35 060

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽22617
₽12687
₽14205
₽19328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
accident
-
-
-
1 084
income
-
-
-
15 588
pensions
-
-
-
19 260
health
-
-
-
9 028
surtax
-
-
-
6 370
communal
-
-
-
8 122
total
-
-
-
59 452
Employee
76 425
-
114 784
-
health
3 401
-
5 108
-
surtax
4 684
-
7 034
-
income
7 382
-
19 288
-
pensions
6 113
-
9 183
-
total
21 580
-
40 613
-
Employer
76 425
-
114 784
-
accident
688
-
1 032
-
pensions
6 113
-
9 183
-
health
2 331
-
3 501
-
total
9 132
-
13 716
-
Corporate
42 944
128 500
-
-
surtax
450
1 350
-
-
communal
2 899
8 674
-
-
income
6 442
19 276
-
-
total
9 791
29 300
-
-
Dividends
33 152
99 201
-
-
income
15 493
6 860
-
-
withholding
4 974
14 880
-
-
total
20 467
21 740
-
-
Income
128 500
128 500
128 500
128 500
Total tax
60 970
51 040
54 329
59 452
After tax
67 530
77 460
74 171
69 048
Living cost
54 843
54 843
54 843
54 843
Free-cash
12 687
22 617
19 328
14 205

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽58160
₽54952
₽39097
₽36975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
27 878
pensions
-
-
-
25 701
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 124
surtax
-
-
-
3 803
total
-
-
-
66 736
Employee
33 986
-
106 154
-
other
-
-
-
-
health
868
-
2 708
-
surtax
121
-
3 468
-
income
5 697
-
25 867
-
pensions
2 267
-
7 080
-
unemployment
2 365
-
7 389
-
total
11 318
-
46 512
-
Employer
33 986
-
106 154
-
other
-
-
-
-
unemployment
1 078
-
3 365
-
pensions
4 531
-
14 151
-
health
1 545
-
4 830
-
total
7 154
-
22 346
-
Corporate
87 359
128 500
-
-
income
22 713
33 409
-
-
total
22 713
33 409
-
-
Dividends
64 646
95 091
-
-
withholding
9 696
14 264
-
-
total
9 696
14 264
-
-
Income
128 500
128 500
128 500
128 500
Total tax
50 881
47 673
68 858
66 736
After tax
77 619
80 827
59 642
61 764
Living cost
22 667
22 667
22 667
22 667
Free-cash
54 952
58 160
36 975
39 097

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽40357
₽38117
₽36340
₽30258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
municipal
-
-
-
764
regional
-
-
-
1 937
national
-
-
-
29 223
social contributions
-
-
-
33 051
total
-
-
-
64 975
Employee
55 981
-
128 500
-
social contributions
18 877
-
43 329
-
regional
754
-
1 728
-
municipal
297
-
682
-
national
8 869
-
25 318
-
total
28 797
-
71 057
-
Employer
55 981
-
128 500
-
total
-
-
-
-
Corporate
72 519
128 500
-
-
nationa
17 405
30 839
-
-
municipal
3 604
6 387
-
-
total
21 009
37 226
-
-
Dividends
51 510
91 274
-
-
withholding
13 392
23 732
-
-
total
13 392
23 732
-
-
Income
128 500
128 500
128 500
128 500
Total tax
63 198
60 958
71 057
64 975
After tax
65 302
67 542
57 443
63 525
Living cost
27 185
27 185
27 185
27 185
Free-cash
38 117
40 357
30 258
36 340

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽58687
₽48063
₽35130
₽35424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
11 456
health
-
-
-
17 348
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
63 585
Employee
43 801
-
95 896
-
social contributions
2 847
-
6 233
-
health
5 913
-
12 946
-
solidarity contribution
-
-
-
-
income
5 256
-
11 507
-
total
14 016
-
30 686
-
Employer
43 801
-
95 896
-
social contributions
10 950
-
23 974
-
health
3 942
-
8 631
-
total
14 892
-
32 605
-
Corporate
69 806
128 500
-
-
income
13 263
24 415
-
-
total
13 263
24 415
-
-
Dividends
56 543
104 085
-
-
withholding
8 481
15 613
-
-
total
8 481
15 613
-
-
Income
128 500
128 500
128 500
128 500
Total tax
50 652
40 028
63 291
63 585
After tax
77 848
88 472
65 209
64 915
Living cost
29 785
29 785
29 785
29 785
Free-cash
48 063
58 687
35 424
35 130

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽39480
₽38980
₽32415
₽3276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
chamber of commerce
-
-
-
513
income
-
-
-
26 356
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
63 888
Employee
44 114
40 217
99 783
-
other
440
402
998
-
health
1 706
1 557
3 861
-
income
3 930
2 967
22 254
-
pensions
4 518
4 117
10 217
-
unemployment
1 323
1 207
2 993
-
total
11 917
10 250
40 323
-
Employer
44 114
40 217
99 783
-
accident
573
523
1 297
-
other
2 095
1 909
4 740
-
chamber of commerce
176
161
398
-
unemployment
1 323
1 207
2 993
-
surtax
-
-
-
-
pensions
5 537
5 048
12 523
-
payroll
1 323
1 207
2 993
-
health
1 668
1 521
3 771
-
total
12 695
11 576
28 715
-
Corporate
71 690
76 708
95 955
-
income

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

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

17 924
19 176
23 989
-
total
17 924
19 176
23 989
-
Dividends
53 767
57 532
-
-
withholding
14 787
15 821
-
-
total
14 787
15 821
-
-
Income
128 500
128 500
128 500
128 500
Total tax
57 323
56 823
93 027
63 888
After tax
71 177
71 677
35 473
64 612
Living cost
32 197
32 197
32 197
32 197
Free-cash
38 980
39 480
3 276
32 415

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽107926
₽105273
₽113066
₽88651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
128 500
microenterprise

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

-
-
-
1 285
total
-
-
-
1 285
Employee
17 686
-
128 500
-
income
3 537
-
25 700
-
total
3 537
-
25 700
-
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%.

110 814
128 500
-
-
total
-
-
-
-
Dividends
110 814
128 500
-
-
withholding
5 541
6 425
-
-
total
5 541
6 425
-
-
Income
128 500
128 500
128 500
128 500
Total tax
9 078
6 425
25 700
1 285
After tax
119 422
122 075
102 800
127 215
Living cost
14 149
14 149
14 149
14 149
Free-cash
105 273
107 926
88 651
113 066

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽61403
₽52963
₽38190
₽34523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
income
-
-
-
26 935
pensions
-
-
-
23 468
unemployment
-
-
-
193
health
-
-
-
12 645
total
-
-
-
63 241
Employee

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

44 626
-
111 187
-
health
2 882
-
7 182
-
income
7 696
-
25 024
-
pensions
6 917
-
17 234
-
unemployment
63
-
155
-
total
17 558
-
49 595
-
Employer

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

44 626
-
111 187
-
unemployment
27
-
67
-
pensions
3 949
-
9 840
-
health
2 972
-
7 406
-
total
6 948
-
17 313
-
Corporate
76 926
128 500
-
-
income
14 616
24 416
-
-
total
14 616
24 416
-
-
Dividends
62 310
104 084
-
-
withholding
9 346
15 612
-
-
total
9 346
15 612
-
-
Income
128 500
128 500
128 500
128 500
Total tax
48 468
40 028
66 908
63 241
After tax
80 032
88 472
61 592
65 259
Living cost
27 069
27 069
27 069
27 069
Free-cash
52 963
61 403
34 523
38 190

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽34595
-₽22109
₽45220
₽71628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
25 047
social contributions
-
-
-
14 649
total
-
-
-
39 696
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
128 500
-
-
income
-
28 270
-
-
total
-
28 270
-
-
Dividends
-
100 230
-
-
income
-
22 051
-
-
total
-
22 051
-
-
Income
128 500
128 500
128 500
128 500
Total tax
107 025
50 321
13 288
39 696
After tax
21 475
78 179
115 212
88 804
Living cost
43 584
43 584
43 584
43 584
Free-cash
-22 109
34 595
71 628
45 220

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽41435
₽40420
₽38815
₽30583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
income
-
-
-
13 375
surtax
-
-
-
-
social contributions

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

-
-
-
44 655
total
-
-
-
58 030
Employee
46 415
-
103 839
-
social contributions
5 106
-
11 422
-
surtax
-
-
-
-
income
9 654
-
30 179
-
total
14 760
-
41 601
-
Employer
46 415
-
103 839
-
social contributions
11 023
-
24 661
-
total
11 023
-
24 661
-
Corporate
71 062
128 500
-
-
surtax
-
-
-
-
income
14 923
26 986
-
-
total
14 923
26 986
-
-
Dividends
56 139
101 514
-
-
withholding
15 719
28 424
-
-
total
15 719
28 424
-
-
Income
128 500
128 500
128 500
128 500
Total tax
56 425
55 410
66 262
58 030
After tax
72 075
73 090
62 238
70 470
Living cost
31 655
31 655
31 655
31 655
Free-cash
40 420
41 435
30 583
38 815

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽16021
₽22957
₽24469
₽27383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
16 140
pensions
-
-
-
27 609
other
-
-
-
3 983
health
-
-
-
3 895
surtax
-
-
-
-
social contributions
-
-
-
3 662
total
-
-
-
55 289
Employee
63 207
-
102 286
-
social contributions
1 800
-
2 913
-
surtax
-
-
-
-
income
5 515
-
17 331
-
pensions
7 149
-
5 920
-
total
14 464
-
26 164
-
Employer
63 207
-
102 286
-
other
2 181
-
3 530
-
social contributions
190
-
306
-
unemployment
2 561
-
4 142
-
pensions
10 386
-
10 181
-
health
4 424
-
8 052
-
total
19 742
-
26 211
-
Corporate
45 552
128 500
-
-
surtax
-
-
-
-
income
12 755
35 979
-
-
total
12 755
35 979
-
-
Dividends
32 797
92 521
-
-
surtax
-
-
-
-
social contributions
5 642
15 915
-
-
withholding
4 198
11 843
-
-
total
9 840
27 758
-
-
Income
128 500
128 500
128 500
128 500
Total tax
56 801
63 737
52 375
55 289
After tax
71 699
64 763
76 125
73 211
Living cost
48 742
48 742
48 742
48 742
Free-cash
22 957
16 021
27 383
24 469

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽85314
₽81923
₽65998
₽69414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
3 895
social contributions
-
-
-
28 271
total
-
-
-
32 166
Employee
32 444
-
111 254
-
income
-
-
4 275
-
social contributions
2 109
-
7 231
-
total
2 109
-
11 506
-
Employer
32 444
-
111 254
-
social contributions
5 029
-
17 244
-
total
5 029
-
17 244
-
Corporate
91 027
128 500
-
-
income
9 103
12 850
-
-
total
9 103
12 850
-
-
Dividends
81 924
115 650
-
-
total
-
-
-
-
Income
128 500
128 500
128 500
128 500
Total tax
16 241
12 850
28 750
32 166
After tax
112 259
115 650
99 750
96 334
Living cost
30 336
30 336
30 336
30 336
Free-cash
81 923
85 314
69 414
65 998

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽91473
-₽91473
₽29442
-₽91473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
municipal
-
-
-
25 302
pensions
-
-
-
875
national
-
-
-
14 048
labour market
-
-
-
10 210
total
-
-
-
50 435
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
128 500
128 500
128 500
128 500
Total tax
171 350
171 350
171 350
50 435
After tax
-42 850
-42 850
-42 850
78 065
Living cost
48 623
48 623
48 623
48 623
Free-cash
-91 473
-91 473
-91 473
29 442

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽11337
₽7074
₽66271
₽46359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
accident
-
-
-
253
income
-
-
-
33 496
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
40 483
Employee
34 209
-
112 799
-
health
3 917
-
12 915
-
income
4 693
-
24 125
-
pensions
3 852
-
7 654
-
total
12 462
-
44 694
-
Employer
34 209
-
112 799
-
accident
571
-
1 884
-
unemployment
838
-
2 764
-
pensions
5 562
-
11 053
-
total
6 971
-
15 701
-
Corporate
87 320
128 500
-
-
income

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

78 588
115 650
-
-
total
78 588
115 650
-
-
Dividends
8 732
12 850
-
-
withholding
1 659
2 441
-
-
total
1 659
2 441
-
-
Income
128 500
128 500
128 500
128 500
Total tax
99 680
118 091
60 395
40 483
After tax
28 820
10 409
68 105
88 017
Living cost
21 746
21 746
21 746
21 746
Free-cash
7 074
-11 337
46 359
66 271

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽44585
₽44916
₽49416
₽31797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
128 500
municipal
-
-
-
22 849
health
-
-
-
1 557
national
-
-
-
15 933
total
-
-
-
40 339
Employee
53 095
-
108 100
-
health
396
-
1 243
-
municipal
8 697
-
17 629
-
pensions
3 583
-
7 297
-
unemployment
797
-
1 622
-
national
877
-
9 769
-
total
14 350
-
37 560
-
Employer
53 095
-
108 100
-
accident
54
-
107
-
unemployment
345
-
703
-
pensions
9 212
-
18 755
-
health
408
-
833
-
total
10 019
-
20 398
-
Corporate
65 387
128 500
-
-
income
13 078
25 701
-
-
total
13 078
25 701
-
-
Dividends

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

39 231
77 099
-
-
national
331
5 590
-
-
municipal
7 061
13 879
-
-
total
7 392
19 469
-
-
Income
128 500
128 500
128 500
128 500
Total tax
44 839
45 170
57 958
40 339
After tax
83 661
83 330
70 542
88 161
Living cost
38 745
38 745
38 745
38 745
Free-cash
44 916
44 585
31 797
49 416

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽70535
₽65046
₽66632
₽65270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
18 898
health
-
-
-
3 277
social contributions
-
-
-
16 328
total
-
-
-
38 503
Employee
77 601
77 601
117 637
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
1 999
-
income
8 449
7 184
18 316
-
total
11 984
14 945
29 002
-
Employer
77 601
77 601
117 637
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 176
-
total
3 587
7 877
10 863
-
Corporate
89 563
43 022
-
-
income
11 196
5 378
-
-
total
11 196
5 378
-
-
Dividends
78 367
37 644
-
-
withholding
13 322
6 400
-
-
total
13 322
6 400
-
-
Income
128 500
128 500
128 500
128 500
Total tax
40 089
34 600
39 865
38 503
After tax
88 411
93 900
88 635
89 997
Living cost
23 365
23 365
23 365
23 365
Free-cash
65 046
70 535
65 270
66 632

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽90388
₽85253
₽89710
₽69467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128 500
income
-
-
-
12 667
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
22 767
Employee

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

23 164
-
118 637
-
health
1 969
-
8 139
-
income
1 584
-
10 166
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
33 147
-
Employer

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

23 164
-
118 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
102 951
128 500
-
-
income
9 265
11 565
-
-
total
9 265
11 565
-
-
Dividends
93 686
116 935
-
-
withholding
8 432
10 524
-
-
total
8 432
10 524
-
-
Income
128 500
128 500
128 500
128 500
Total tax
27 224
22 089
43 010
22 767
After tax
101 276
106 411
85 490
105 733
Living cost
16 023
16 023
16 023
16 023
Free-cash
85 253
90 388
69 467
89 710

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽58495
₽53474
₽43755
₽38906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
accident
-
-
-
843
income
-
-
-
28 931
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
56 994
Employee
37 315
-
98 680
-
other
36
-
94
-
income
7 194
-
26 081
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
32 022
-
Employer
37 315
-
98 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
79 288
128 500
-
-
income

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

11 893
19 276
-
-
total
11 893
19 276
-
-
Dividends
67 395
109 224
-
-
withholding
13 923
22 978
-
-
total
13 923
22 978
-
-
Income
128 500
128 500
128 500
128 500
Total tax
47 275
42 254
61 843
56 994
After tax
81 225
86 246
66 657
71 506
Living cost
27 751
27 751
27 751
27 751
Free-cash
53 474
58 495
38 906
43 755

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽77428
₽76974
₽79151
₽78953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
43 126
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
46 593
Employee
4 198
-
126 238
-
health
210
-
503
-
income
812
-
43 020
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
44 529
-
Employer
4 198
-
126 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
123 358
128 500
-
-
income
27 139
28 270
-
-
total
27 139
28 270
-
-
Dividends
96 219
100 230
-
-
withholding
19 244
20 046
-
-
total
19 244
20 046
-
-
Income
128 500
128 500
128 500
128 500
Total tax
48 770
48 316
46 791
46 593
After tax
79 730
80 184
81 709
81 907
Living cost
2 756
2 756
2 756
2 756
Free-cash
76 974
77 428
78 953
79 151

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽75388
₽70424
₽54945
₽54946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
income
-
-
-
27 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
56 102
Employee

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

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

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

26 319
-
115 149
-
health
1 355
-
3 841
-
income
3 628
-
27 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
42 751
-
Employer

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

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

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

26 319
-
115 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
97 470
128 500
-
-
income
14 621
19 275
-
-
total
14 621
19 275
-
-
Dividends
82 850
109 225
-
-
withholding
12 427
16 384
-
-
total
12 427
16 384
-
-
Income
128 500
128 500
128 500
128 500
Total tax
40 623
35 659
56 101
56 102
After tax
87 877
92 841
72 399
72 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
70 424
75 388
54 946
54 945

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽45883
₽45521
₽43263
₽35031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
income
-
-
-
13 375
surtax
-
-
-
-
social contributions

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

-
-
-
44 655
total
-
-
-
58 030
Employee
39 169
-
103 839
-
social contributions
4 309
-
11 422
-
surtax
-
-
-
-
income
7 653
-
30 179
-
total
11 962
-
41 601
-
Employer
39 169
-
103 839
-
social contributions
9 302
-
24 661
-
total
9 302
-
24 661
-
Corporate
80 030
128 500
-
-
surtax
-
-
-
-
income
16 807
26 986
-
-
total
16 807
26 986
-
-
Dividends
63 223
101 514
-
-
withholding
17 701
28 424
-
-
total
17 701
28 424
-
-
Income
128 500
128 500
128 500
128 500
Total tax
55 772
55 410
66 262
58 030
After tax
72 728
73 090
62 238
70 470
Living cost
27 207
27 207
27 207
27 207
Free-cash
45 521
45 883
35 031
43 263

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽50779
₽43354
₽36039
₽31190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
accident
-
-
-
843
income
-
-
-
28 931
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
56 994
Employee
48 739
-
98 680
-
other
48
-
94
-
income
10 180
-
26 081
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
32 022
-
Employer
48 739
-
98 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
64 222
128 500
-
-
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.

9 633
19 276
-
-
total
9 633
19 276
-
-
Dividends
54 589
109 224
-
-
withholding
11 234
22 978
-
-
total
11 234
22 978
-
-
Income
128 500
128 500
128 500
128 500
Total tax
49 679
42 254
61 843
56 994
After tax
78 821
86 246
66 657
71 506
Living cost
35 467
35 467
35 467
35 467
Free-cash
43 354
50 779
31 190
36 039

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽92496
₽86344
₽82437
₽86943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
19 275
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
28 692
Employee
23 001
-
121 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
12 158
-
pensions

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

2 019
-
3 097
-
total
5 630
-
17 265
-
Employer
23 001
-
121 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
100 986
128 500
-
-
income
10 098
12 850
-
-
total
10 098
12 850
-
-
Dividends
90 887
115 650
-
-
withholding
4 544
5 783
-
-
total
4 544
5 783
-
-
Income
128 500
128 500
128 500
128 500
Total tax
24 785
18 633
24 186
28 692
After tax
103 715
109 867
104 314
99 808
Living cost
17 371
17 371
17 371
17 371
Free-cash
86 344
92 496
86 943
82 437

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽27248
₽40453
₽34795
₽46502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
trade
-
-
-
11 707
income

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

-
-
-
34 258
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 884
total
-
-
-
54 743
Employee

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

50 213
-
128 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
1 884
-
income

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

4 129
-
34 258
-
total
11 251
-
43 036
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 287
128 500
-
-
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.

645
1 061
-
-
income
11 743
19 276
-
-
trade
11 234
18 441
-
-
chamber of commerce
268
341
-
-
total
23 890
39 119
-
-
Dividends
54 396
89 382
-
-
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.

728
1 208
-
-
withholding
13 216
21 963
-
-
total
13 944
23 171
-
-
Income
128 500
128 500
128 500
128 500
Total tax
49 085
62 290
43 036
54 743
After tax
79 415
66 210
85 464
73 757
Living cost
38 962
38 962
38 962
38 962
Free-cash
40 453
27 248
46 502
34 795

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽32464
₽34690
₽24285
₽24285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
34 719
social contributions
-
-
-
12 009
total
-
-
-
46 728
Employee
78 941
-
128 500
-
income
14 896
-
34 719
-
social contributions
6 558
-
12 009
-
total
21 454
-
46 728
-
Employer
78 941
-
128 500
-
total
-
-
-
-
Corporate
49 559
128 500
-
-
income
6 195
16 062
-
-
total
6 195
16 062
-
-
Dividends
43 364
112 438
-
-
withholding
8 674
22 487
-
-
total
8 674
22 487
-
-
Income
128 500
128 500
128 500
128 500
Total tax
36 323
38 549
46 728
46 728
After tax
92 177
89 951
81 772
81 772
Living cost
57 487
57 487
57 487
57 487
Free-cash
34 690
32 464
24 285
24 285

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽41559
₽45086
₽56398
₽57739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
123 858
-
income
5 023
-
24 843
-
social contributions
4 638
-
4 642
-
total
9 661
-
29 485
-
Employer
46 295
-
123 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
77 566
128 500
-
-
income
27 149
44 975
-
-
total
27 149
44 975
-
-
Dividends
50 418
83 525
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
128 500
128 500
128 500
128 500
Total tax
46 780
50 307
34 127
35 468
After tax
81 720
78 193
94 373
93 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
45 086
41 559
57 739
56 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽51880
₽52949
₽51343
₽39436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
income
-
-
-
31 428
pensions
-
-
-
8 114
total
-
-
-
39 542
Employee
51 632
-
112 715
-
health
674
-
1 829
-
income
9 403
-
23 491
-
pensions
3 941
-
10 344
-
total
14 018
-
35 664
-
Employer
51 632
-
112 715
-
pensions
5 216
-
13 644
-
health
981
-
2 141
-
total
6 197
-
15 785
-
Corporate
70 670
128 500
-
-
income

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

13 428
24 414
-
-
total
13 428
24 414
-
-
Dividends
57 242
104 086
-
-
withholding
4 293
14 591
-
-
total
4 293
14 591
-
-
Income
128 500
128 500
128 500
128 500
Total tax
37 936
39 005
51 449
39 542
After tax
90 564
89 495
77 051
88 958
Living cost
37 615
37 615
37 615
37 615
Free-cash
52 949
51 880
39 436
51 343

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽13491
₽6743
₽64117
₽44205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
accident
-
-
-
253
income
-
-
-
33 496
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
40 483
Employee
37 595
-
112 799
-
health
4 304
-
12 915
-
income
5 158
-
24 125
-
pensions
4 233
-
7 654
-
total
13 695
-
44 694
-
Employer
37 595
-
112 799
-
accident
628
-
1 884
-
unemployment
921
-
2 764
-
pensions
6 113
-
11 053
-
total
7 662
-
15 701
-
Corporate
83 244
128 500
-
-
income

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

74 919
115 650
-
-
total
74 919
115 650
-
-
Dividends
8 324
12 850
-
-
withholding
1 581
2 441
-
-
total
1 581
2 441
-
-
Income
128 500
128 500
128 500
128 500
Total tax
97 857
118 091
60 395
40 483
After tax
30 643
10 409
68 105
88 017
Living cost
23 900
23 900
23 900
23 900
Free-cash
6 743
-13 491
44 205
64 117

Estimated living cost  is ₽23900 per week

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

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽94502
₽89780
₽59090
₽72238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
128 500
work injury
-
-
-
643
health insurance
-
-
-
9 509
income
-
-
-
20 441
pensions
-
-
-
23 644
unemployment
-
-
-
1 542
total
-
-
-
55 779
Employee

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

21 810
-
128 500
-
work injury
109
-
403
-
income
2 181
-
20 441
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
42 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 690
128 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 067
1 285
-
-
total
1 067
1 285
-
-
Dividends
105 623
127 215
-
-
withholding
15 843
19 082
-
-
total
15 843
19 082
-
-
Income
128 500
128 500
128 500
128 500
Total tax
25 089
20 367
42 631
55 779
After tax
103 411
108 133
85 869
72 721
Living cost
13 631
13 631
13 631
13 631
Free-cash
89 780
94 502
72 238
59 090

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽27483
₽22891
₽22343
₽16468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
128 500
municipal
-
-
-
860
regional
-
-
-
2 820
national
-
-
-
29 223
social contributions
-
-
-
33 051
total
-
-
-
65 954
Employee
85 040
-
128 500
-
social contributions
28 675
-
43 329
-
regional
1 284
-
2 416
-
municipal
508
-
766
-
national
14 371
-
25 318
-
total
44 838
-
71 829
-
Employer
85 040
-
128 500
-
total
-
-
-
-
Corporate
43 460
128 500
-
-
nationa
10 430
30 839
-
-
municipal
2 095
6 193
-
-
total
12 525
37 032
-
-
Dividends
30 935
91 467
-
-
withholding
8 043
23 782
-
-
total
8 043
23 782
-
-
Income
128 500
128 500
128 500
128 500
Total tax
65 406
60 814
71 829
65 954
After tax
63 094
67 686
56 671
62 546
Living cost
40 203
40 203
40 203
40 203
Free-cash
22 891
27 483
16 468
22 343

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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