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
₽ 129500
per

Your estimated
City
free-cash

Dresden , Germany
₽43279
₽37538
₽47698
₽56946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
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.

-
-
-
6 277
trade
-
-
-
13 667
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.

-
-
-
2 004
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.

-
-
-
36 442
total
-
-
-
58 390
Employee

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

35 144
-
129 500
-
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.

6 277
-
6 277
-
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.

54
-
2 004
-
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.

982
-
36 442
-
total
7 313
-
44 723
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 356
129 500
-
-
trade
14 862
20 396
-
-
chamber of commerce
276
326
-
-
surtax

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

778
1 069
-
-
income
14 154
19 425
-
-
total
30 070
41 216
-
-
Dividends
64 287
88 284
-
-
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.

865
1 194
-
-
withholding
15 723
21 721
-
-
total
16 588
22 915
-
-
Income
129 500
129 500
129 500
129 500
Total tax
53 971
64 131
44 723
58 390
After tax
75 529
65 369
84 777
71 110
Living cost
27 831
27 831
27 831
27 831
Free-cash
47 698
37 538
56 946
43 279

Estimated living cost  is ₽27831 per week

₽17507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29046
₽32781
₽31982
₽30063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
municipal
-
-
-
13 922
social contributions
-
-
-
1 392
national
-
-
-
21 573
pensions
-
-
-
15 540
total
-
-
-
52 427
Employee
74 451
-
111 952
-
pensions
2 978
-
4 478
-
national
14 250
-
22 350
-
municipal
9 196
-
14 423
-
total
26 424
-
41 251
-
Employer
74 451
-
111 952
-
pensions
5 956
-
8 956
-
social contributions
800
-
1 203
-
total
6 756
-
10 159
-
Corporate
43 379
129 500
-
-
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%.

8 676
25 900
-
-
total
8 676
25 900
-
-
Dividends
34 703
103 600
-
-
withholding
7 635
22 792
-
-
total
7 635
22 792
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 491
48 692
51 410
52 427
After tax
80 009
80 808
78 090
77 073
Living cost
48 027
48 027
48 027
48 027
Free-cash
31 982
32 781
30 063
29 046

Estimated living cost  is ₽48027 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21515
₽84485
₽76948
₽53449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
social contributions

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

-
-
-
35 205
income
-
-
-
20 642
microenterprise
-
-
-
-
surtax
-
-
-
33 022
total
-
-
-
88 869
Employee
26 849
-
104 359
-
surtax
-
-
-
-
social contributions

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

2 954
-
11 479
-
income
4 779
-
20 315
-
total
7 733
-
31 794
-
Employer
26 849
-
104 359
-
surtax
-
-
-
-
social contributions

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

6 467
-
25 141
-
total
6 467
-
25 141
-
Corporate
96 183
129 500
-
-
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%.

19 236
25 899
-
-
total
19 236
25 899
-
-
Dividends

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

76 947
103 601
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
33 436
25 899
56 935
88 869
After tax
96 064
103 601
72 565
40 631
Living cost
19 116
19 116
19 116
19 116
Free-cash
76 948
84 485
53 449
21 515

Estimated living cost  is ₽19116 per week

₽12195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35253
₽25140
₽19510
₽38904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
11 331
pensions
-
-
-
10 766
income
-
-
-
33 658
total
-
-
-
55 755
Employee
78 466
78 466
112 424
-
health
12 044
10 244
11 331
-
pensions
14 124
10 766
10 766
-
income

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

12 844
12 844
12 931
-
total
39 012
33 854
35 028
-
Employer
78 466
78 466
112 424
-
health
5 454
5 454
6 778
-
pensions
5 461
5 461
6 788
-
unemployment
2 825
2 825
3 510
-
total
13 740
13 740
17 076
-
Corporate
38 256
37 293
-
-
income
7 651
7 458
-
-
total
7 651
7 458
-
-
Dividends
30 605
29 835
-
-
income
6 504
6 340
-
-
withholding
4 591
4 476
-
-
total
11 095
10 816
-
-
Income
129 500
129 500
129 500
129 500
Total tax
71 498
65 868
52 104
55 755
After tax
58 002
63 632
77 396
73 745
Living cost
38 492
38 492
38 492
38 492
Free-cash
19 510
25 140
38 904
35 253

Estimated living cost  is ₽38492 per week

₽27278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30015
₽32058
₽31192
₽28975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
5 286
accident
-
-
-
169
other
-
-
-
9 843
municipal
-
-
-
31 299
pensions
-
-
-
9 157
national
-
-
-
4 997
unemployment
-
-
-
85
total
-
-
-
60 836
Employee
55 071
-
102 886
-
national
-
-
4 582
-
municipal
16 422
-
30 680
-
total
16 422
-
35 262
-
Employer
55 071
-
102 886
-
health
3 387
-
5 209
-
accident
110
-
169
-
pensions
5 953
-
9 157
-
other
6 399
-
9 843
-
unemployment
1 454
-
2 236
-
total
17 303
-
26 614
-
Corporate
57 125
129 500
-
-
income
12 567
28 490
-
-
total
12 567
28 490
-
-
Dividends
44 558
101 010
-
-
withholding
13 367
30 303
-
-
total
13 367
30 303
-
-
Income
129 500
129 500
129 500
129 500
Total tax
59 659
58 793
61 876
60 836
After tax
69 841
70 707
67 624
68 664
Living cost
38 649
38 649
38 649
38 649
Free-cash
31 192
32 058
28 975
30 015

Estimated living cost  is ₽38649 per week

₽25615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34405
₽28605
₽41514
₽48681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
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.

-
-
-
6 277
trade
-
-
-
14 276
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.

-
-
-
2 004
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.

-
-
-
36 442
total
-
-
-
58 999
Employee

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

46 597
-
129 500
-
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.

6 277
-
6 277
-
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.

220
-
2 004
-
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.

4 004
-
36 442
-
total
10 501
-
44 723
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 903
129 500
-
-
trade
13 637
21 303
-
-
chamber of commerce
258
324
-
-
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.

684
1 069
-
-
income
12 436
19 425
-
-
total
27 015
42 121
-
-
Dividends
55 888
87 379
-
-
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.

750
1 182
-
-
withholding
13 624
21 496
-
-
total
14 374
22 678
-
-
Income
129 500
129 500
129 500
129 500
Total tax
51 890
64 799
44 723
58 999
After tax
77 610
64 701
84 777
70 501
Living cost
36 096
36 096
36 096
36 096
Free-cash
41 514
28 605
48 681
34 405

Estimated living cost  is ₽36096 per week

₽24141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60329
₽64774
₽60963
₽59103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
3 303
social contributions
-
-
-
14 867
income
-
-
-
21 198
total
-
-
-
39 368
Employee
70 655
70 655
119 381
-
health
703
1 201
2 030
-
social contributions
3 433
5 864
7 909
-
income
7 419
6 541
20 537
-
total
11 555
13 606
30 476
-
Employer
70 655
70 655
119 381
-
health
765
1 308
2 209
-
social contributions
3 433
5 864
7 909
-
total
4 198
7 172
10 118
-
Corporate
83 943
51 673
-
-
income
10 494
6 459
-
-
total
10 494
6 459
-
-
Dividends
73 449
45 214
-
-
withholding
12 487
7 686
-
-
total
12 487
7 686
-
-
Income
129 500
129 500
129 500
129 500
Total tax
38 734
34 923
40 594
39 368
After tax
90 766
94 577
88 906
90 132
Living cost
29 803
29 803
29 803
29 803
Free-cash
60 963
64 774
59 103
60 329

Estimated living cost  is ₽29803 per week

₽20373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2328
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.
₽6602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73041
₽56142
₽56490
₽58400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
9 065
pensions
-
-
-
12 950
unemployment
-
-
-
1 942
income
-
-
-
15 831
total
-
-
-
39 788
Employee

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

The minimum wage is 138,000 HUF per month.

24 064
9 577
108 368
-
health
1 685
670
7 586
-
pensions
2 406
958
10 837
-
unemployment
361
144
1 626
-
income
2 942
1 171
13 248
-
total
7 394
2 943
33 297
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 064
9 577
108 368
-
pensions
4 693
1 868
21 132
-
total
4 693
1 868
21 132
-
Corporate
100 743
118 055
-
-
income
9 067
10 625
-
-
total
9 067
10 625
-
-
Dividends
91 676
107 430
-
-
social contributions
17 767
20 839
-
-
withholding
17 418
20 412
-
-
total
35 185
41 251
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 339
56 687
54 429
39 788
After tax
73 161
72 813
75 071
89 712
Living cost
16 671
16 671
16 671
16 671
Free-cash
56 490
56 142
58 400
73 041

Estimated living cost  is ₽16671 per week

₽11376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47217
₽81407
₽75698
₽52447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
16 835
pensions
-
-
-
25 901
income
-
-
-
17 353
total
-
-
-
60 089
Employee
26 066
-
96 786
-
pensions
521
-
1 936
-
unemployment
417
-
1 548
-
income
2 935
-
18 661
-
total
3 873
-
22 145
-
Employer
26 066
-
96 786
-
health
3 388
-
12 583
-
pensions
5 214
-
19 357
-
unemployment
209
-
774
-
total
8 811
-
32 714
-
Corporate
94 623
129 500
-
-
income
18 924
25 899
-
-
total
18 924
25 899
-
-
Dividends
75 698
103 601
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
31 608
25 899
54 859
60 089
After tax
97 892
103 601
74 641
69 411
Living cost
22 194
22 194
22 194
22 194
Free-cash
75 698
81 407
52 447
47 217

Estimated living cost  is ₽22194 per week

₽15222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68289
-₽9869
₽7366
₽48807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
2 018
accident
-
-
-
234
other
-
-
-
343
pensions
-
-
-
3 850
income
-
-
-
34 408
total
-
-
-
40 853
Employee
32 025
-
114 584
-
health
3 667
-
13 120
-
pensions
3 606
-
7 060
-
income
4 394
-
25 239
-
total
11 667
-
45 419
-
Employer
32 025
-
114 584
-
accident
535
-
1 914
-
pensions
5 207
-
10 195
-
unemployment
785
-
2 807
-
total
6 527
-
14 916
-
Corporate
90 949
129 500
-
-
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.

81 854
116 550
-
-
total
81 854
116 550
-
-
Dividends
9 095
12 950
-
-
withholding
1 728
2 461
-
-
total
1 728
2 461
-
-
Income
129 500
129 500
129 500
129 500
Total tax
101 776
119 011
60 335
40 853
After tax
27 724
10 489
69 165
88 647
Living cost
20 358
20 358
20 358
20 358
Free-cash
7 366
-9 869
48 807
68 289

Estimated living cost  is ₽20358 per week

₽14921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1128
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.
₽3885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120687
₽115507
₽114098
₽96082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
129 500
microenterprise

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

-
-
-
1 295
total
-
-
-
1 295
Employee
9 397
-
129 500
-
income
1 879
-
25 900
-
total
1 879
-
25 900
-
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%.

120 103
129 500
-
-
total
-
-
-
-
Dividends
120 103
129 500
-
-
withholding
6 005
6 475
-
-
total
6 005
6 475
-
-
Income
129 500
129 500
129 500
129 500
Total tax
7 884
6 475
25 900
1 295
After tax
121 616
123 025
103 600
128 205
Living cost
7 518
7 518
7 518
7 518
Free-cash
114 098
115 507
96 082
120 687

Estimated living cost  is ₽7518 per week

₽4659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44332
₽70660
₽64454
₽49687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
5 698
other
-
-
-
6 152
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.

-
-
-
31 080
income
-
-
-
17 754
total
-
-
-
60 684
Employee
33 363
-
103 433
-
health
467
-
1 447
-
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.

2 335
-
7 242
-
unemployment
333
-
1 034
-
income
5 744
-
19 540
-
total
8 879
-
29 263
-
Employer
33 363
-
103 433
-
health
467
-
1 447
-
accident
267
-
828
-
pensions

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

5 672
-
17 585
-
other
1 669
-
5 172
-
unemployment
333
-
1 034
-
total
8 408
-
26 066
-
Corporate
87 729
129 500
-
-
income
18 424
27 195
-
-
total
18 424
27 195
-
-
Dividends
69 305
102 305
-
-
withholding
4 851
7 161
-
-
total
4 851
7 161
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 562
34 356
55 329
60 684
After tax
88 938
95 144
74 171
68 816
Living cost
24 484
24 484
24 484
24 484
Free-cash
64 454
70 660
49 687
44 332

Estimated living cost  is ₽24484 per week

₽17299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27026
₽26961
₽23217
₽15127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
pensions
-
-
-
7 603
income
-
-
-
33 636
total
-
-
-
41 239
Employee
86 638
-
113 419
-
health
1 428
-
1 769
-
pensions
8 358
-
9 583
-
income
15 617
-
25 704
-
total
25 403
-
37 056
-
Employer
86 638
-
113 419
-
health
1 645
-
2 156
-
pensions
10 229
-
13 926
-
total
11 874
-
16 082
-
Corporate
30 987
129 500
-
-
income

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

5 888
24 605
-
-
total
5 888
24 605
-
-
Dividends
25 099
104 895
-
-
withholding
1 883
16 699
-
-
total
1 883
16 699
-
-
Income
129 500
129 500
129 500
129 500
Total tax
45 048
41 304
53 138
41 239
After tax
84 452
88 196
76 362
88 261
Living cost
61 235
61 235
61 235
61 235
Free-cash
23 217
26 961
15 127
27 026

Estimated living cost  is ₽61235 per week

₽45884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽88943
₽98375
₽93999
₽93629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
3 783
pensions

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

-
-
-
4 869
unemployment
-
-
-
132
income
-
-
-
19 425
total
-
-
-
28 209
Employee
16 351
-
123 046
-
health
752
-
1 513
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 889
-
income
1 635
-
12 305
-
total
4 003
-
17 069
-
Employer
16 351
-
123 046
-
health
1 129
-
2 270
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 802
-
3 625
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
109 941
129 500
-
-
income
10 994
12 950
-
-
total
10 994
12 950
-
-
Dividends
98 946
116 550
-
-
withholding
4 947
5 827
-
-
total
4 947
5 827
-
-
Income
129 500
129 500
129 500
129 500
Total tax
23 153
18 777
23 523
28 209
After tax
106 347
110 723
105 977
101 291
Living cost
12 348
12 348
12 348
12 348
Free-cash
93 999
98 375
93 629
88 943

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22793
₽12680
₽14990
₽26444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
11 331
pensions
-
-
-
10 766
income
-
-
-
33 658
total
-
-
-
55 755
Employee
85 189
78 466
112 424
-
health
10 628
10 244
11 331
-
pensions
10 766
10 766
10 766
-
income

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

12 844
12 844
12 931
-
total
34 238
33 854
35 028
-
Employer
85 189
78 466
112 424
-
health
5 920
5 454
6 778
-
pensions
5 929
5 461
6 788
-
unemployment
3 067
2 825
3 510
-
total
14 916
13 740
17 076
-
Corporate
29 395
37 293
-
-
income
5 880
7 458
-
-
total
5 880
7 458
-
-
Dividends
23 515
29 835
-
-
income
4 997
6 340
-
-
withholding
3 527
4 476
-
-
total
8 524
10 816
-
-
Income
129 500
129 500
129 500
129 500
Total tax
63 558
65 868
52 104
55 755
After tax
65 942
63 632
77 396
73 745
Living cost
50 952
50 952
50 952
50 952
Free-cash
14 990
12 680
26 444
22 793

Estimated living cost  is ₽50952 per week

₽37585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4551
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.
₽8232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44638
₽66410
₽58293
₽42965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
17 482
social contributions
-
-
-
32 737
solidarity contribution
-
-
-
-
income
-
-
-
11 892
total
-
-
-
62 111
Employee
33 457
-
96 642
-
health
4 517
-
13 047
-
solidarity contribution
-
-
-
-
social contributions
2 175
-
6 282
-
income
4 015
-
11 597
-
total
10 707
-
30 926
-
Employer
33 457
-
96 642
-
health
3 011
-
8 698
-
social contributions
8 364
-
24 160
-
total
11 375
-
32 858
-
Corporate
84 668
129 500
-
-
income
16 087
24 605
-
-
total
16 087
24 605
-
-
Dividends
68 581
104 895
-
-
withholding
10 287
15 734
-
-
total
10 287
15 734
-
-
Income
129 500
129 500
129 500
129 500
Total tax
48 456
40 339
63 784
62 111
After tax
81 044
89 161
65 716
67 389
Living cost
22 751
22 751
22 751
22 751
Free-cash
58 293
66 410
42 965
44 638

Estimated living cost  is ₽22751 per week

₽15803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25011
₽30322
₽25524
₽18859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
regional
-
-
-
1 495
municipal
-
-
-
769
social contributions
-
-
-
33 308
national
-
-
-
30 145
total
-
-
-
65 717
Employee
81 662
-
129 500
-
regional
771
-
1 316
-
national
14 150
-
26 199
-
social contributions
27 536
-
43 667
-
municipal
432
-
687
-
total
42 889
-
71 869
-
Employer
81 662
-
129 500
-
total
-
-
-
-
Corporate
47 838
129 500
-
-
nationa
11 481
31 080
-
-
municipal
1 866
5 050
-
-
total
13 347
36 130
-
-
Dividends
34 492
93 371
-
-
withholding
8 968
24 276
-
-
total
8 968
24 276
-
-
Income
129 500
129 500
129 500
129 500
Total tax
65 204
60 406
71 869
65 717
After tax
64 296
69 094
57 631
63 783
Living cost
38 772
38 772
38 772
38 772
Free-cash
25 524
30 322
18 859
25 011

Estimated living cost  is ₽38772 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41173
₽61178
₽58320
₽38143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
8 706
other
-
-
-
-
pensions
-
-
-
24 527
unemployment
-
-
-
209
income
-
-
-
30 323
surtax
-
-
-
4 286
total
-
-
-
68 051
Employee
30 386
-
106 982
-
health
776
-
2 727
-
pensions
2 026
-
7 135
-
unemployment
2 115
-
7 446
-
surtax
99
-
3 806
-
income
5 093
-
27 449
-
other
-
-
-
-
total
10 109
-
48 563
-
Employer
30 386
-
106 982
-
health
1 383
-
4 867
-
pensions
4 051
-
14 260
-
other
-
-
-
-
unemployment
963
-
3 391
-
total
6 397
-
22 518
-
Corporate
92 718
129 500
-
-
income
24 107
33 671
-
-
total
24 107
33 671
-
-
Dividends
68 612
95 829
-
-
withholding
10 291
14 375
-
-
total
10 291
14 375
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 904
48 046
71 081
68 051
After tax
78 596
81 454
58 419
61 449
Living cost
20 276
20 276
20 276
20 276
Free-cash
58 320
61 178
38 143
41 173

Estimated living cost  is ₽20276 per week

₽12398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46427
₽46362
₽47989
₽34528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
pensions
-
-
-
7 603
income
-
-
-
33 636
total
-
-
-
41 239
Employee
58 062
-
113 419
-
health
843
-
1 769
-
pensions
4 928
-
9 583
-
income
10 457
-
25 704
-
total
16 228
-
37 056
-
Employer
58 062
-
113 419
-
health
1 103
-
2 156
-
pensions
6 285
-
13 926
-
total
7 388
-
16 082
-
Corporate
64 049
129 500
-
-
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.

12 169
24 605
-
-
total
12 169
24 605
-
-
Dividends
51 880
104 895
-
-
withholding
3 892
16 699
-
-
total
3 892
16 699
-
-
Income
129 500
129 500
129 500
129 500
Total tax
39 677
41 304
53 138
41 239
After tax
89 823
88 196
76 362
88 261
Living cost
41 834
41 834
41 834
41 834
Free-cash
47 989
46 362
34 528
46 427

Estimated living cost  is ₽41834 per week

₽31342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31320
-₽16083
₽16136
₽24981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
292
city
-
-
-
1 365
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.

-
-
-
2 590
regional
-
-
-
5 359
pensions
-
-
-
11 913
national
-
-
-
1 362
total
-
-
-
22 881
Employee
88 119
-
115 908
-
health
199
-
261
-
regional
2 885
-
4 591
-
pensions
7 403
-
9 737
-
unemployment
-
-
-
-
national
417
-
1 069
-
city
946
-
1 245
-
total
11 850
-
16 903
-
Employer
88 119
-
115 908
-
health
199
-
261
-
pensions
7 403
-
9 737
-
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.

1 762
-
2 319
-
unemployment
-
-
-
-
total
9 364
-
12 317
-
Corporate
31 048
129 500
-
-
national
2 640
11 008
-
-
regional
6 566
27 389
-
-
total
9 206
38 397
-
-
Dividends
21 843
91 103
-
-
withholding
7 645
31 887
-
-
total
7 645
31 887
-
-
Income
129 500
129 500
129 500
129 500
Total tax
38 065
70 284
29 220
22 881
After tax
91 435
59 216
100 280
106 619
Living cost
75 299
75 299
75 299
75 299
Free-cash
16 136
-16 083
24 981
31 320

Estimated living cost  is ₽75299 per week

₽48966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27802
₽21941
₽36842
₽42684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
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.

-
-
-
6 277
trade
-
-
-
14 882
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.

-
-
-
2 004
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.

-
-
-
36 442
total
-
-
-
59 605
Employee

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

55 221
-
129 500
-
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.

6 277
-
6 277
-
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.

357
-
2 004
-
income

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

6 494
-
36 442
-
total
13 128
-
44 723
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 279
129 500
-
-
trade
12 739
22 209
-
-
chamber of commerce
244
323
-
-
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.

612
1 069
-
-
income
11 142
19 425
-
-
total
24 737
43 026
-
-
Dividends
49 541
86 474
-
-
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.

663
1 170
-
-
withholding
12 037
21 270
-
-
total
12 700
22 440
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 565
65 466
44 723
59 605
After tax
78 935
64 034
84 777
69 895
Living cost
42 093
42 093
42 093
42 093
Free-cash
36 842
21 941
42 684
27 802

Estimated living cost  is ₽42093 per week

₽30743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42064
₽33834
₽39259
₽43352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
4 466
other
-
-
-
4 014
pensions
-
-
-
26 175
social contributions
-
-
-
3 690
income
-
-
-
17 654
surtax
-
-
-
-
total
-
-
-
55 999
Employee
39 326
-
102 152
-
pensions
4 446
-
6 302
-
surtax
-
-
-
-
social contributions
1 121
-
2 910
-
income
2 321
-
18 150
-
total
7 888
-
27 362
-
Employer
39 326
-
102 152
-
health
2 753
-
8 505
-
pensions
6 460
-
10 756
-
other
1 357
-
3 643
-
social contributions
119
-
307
-
unemployment
1 592
-
4 138
-
total
12 281
-
27 349
-
Corporate
77 894
129 500
-
-
surtax
-
-
-
-
income
21 810
36 260
-
-
total
21 810
36 260
-
-
Dividends
56 083
93 240
-
-
social contributions
9 646
16 035
-
-
surtax
-
-
-
-
withholding
7 179
11 934
-
-
total
16 825
27 969
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 804
64 229
54 711
55 999
After tax
70 696
65 271
74 789
73 501
Living cost
31 437
31 437
31 437
31 437
Free-cash
39 259
33 834
43 352
42 064

Estimated living cost  is ₽31437 per week

₽19822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45179
₽36949
₽42051
₽46467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
4 466
other
-
-
-
4 014
pensions
-
-
-
26 175
social contributions
-
-
-
3 690
income
-
-
-
17 654
surtax
-
-
-
-
total
-
-
-
55 999
Employee
35 104
-
102 152
-
pensions
3 970
-
6 302
-
surtax
-
-
-
-
social contributions
1 001
-
2 910
-
income
1 810
-
18 150
-
total
6 781
-
27 362
-
Employer
35 104
-
102 152
-
health
2 457
-
8 505
-
pensions
5 768
-
10 756
-
other
1 212
-
3 643
-
social contributions
105
-
307
-
unemployment
1 421
-
4 138
-
total
10 963
-
27 349
-
Corporate
83 434
129 500
-
-
surtax
-
-
-
-
income
23 362
36 260
-
-
total
23 362
36 260
-
-
Dividends
60 072
93 240
-
-
social contributions
10 331
16 035
-
-
surtax
-
-
-
-
withholding
7 690
11 934
-
-
total
18 021
27 969
-
-
Income
129 500
129 500
129 500
129 500
Total tax
59 127
64 229
54 711
55 999
After tax
70 373
65 271
74 789
73 501
Living cost
28 322
28 322
28 322
28 322
Free-cash
42 051
36 949
46 467
45 179

Estimated living cost  is ₽28322 per week

₽16426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63681
₽59522
₽60001
₽61960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
9 039
social contributions
-
-
-
17 871
income
-
-
-
19 425
total
-
-
-
46 335
Employee
31 155
-
129 500
-
health
2 174
-
9 039
-
social contributions
4 300
-
17 871
-
income
5 196
-
21 146
-
total
11 670
-
48 056
-
Employer
31 155
-
129 500
-
total
-
-
-
-
Corporate
98 345
129 500
-
-
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%.

4 917
6 474
-
-
total
4 917
6 474
-
-
Dividends
93 428
123 026
-
-
social contributions
12 893
16 978
-
-
health
6 521
8 588
-
-
withholding
14 014
18 454
-
-
total
33 428
44 020
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 015
50 494
48 056
46 335
After tax
79 485
79 006
81 444
83 165
Living cost
19 484
19 484
19 484
19 484
Free-cash
60 001
59 522
61 960
63 681

Estimated living cost  is ₽19484 per week

₽13039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33469
₽39585
₽38160
₽2069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
8 211
pensions
-
-
-
19 859
unemployment
-
-
-
5 636
income
-
-
-
29 249
chamber of commerce
-
-
-
518
surtax
-
-
-
181
total
-
-
-
63 654
Employee
45 920
36 618
100 417
-
health
1 777
1 418
3 887
-
pensions
4 703
3 749
10 283
-
unemployment
1 378
1 099
3 013
-
income
5 228
2 701
23 552
-
other
459
366
1 004
-
total
13 545
9 333
41 739
-
Employer
45 920
36 618
100 417
-
payroll
1 378
1 099
3 013
-
health
1 735
1 384
3 796
-
surtax
181
181
181
-
accident
596
476
1 306
-
pensions
5 763
4 596
12 602
-
chamber of commerce
183
146
401
-
other
2 181
1 738
4 771
-
unemployment
1 378
1 099
3 013
-
total
13 395
10 719
29 083
-
Corporate
70 185
82 162
96 929
-
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.

17 547
20 541
24 232
-
total
17 547
20 541
24 232
-
Dividends
52 638
61 621
-
-
withholding
14 476
16 945
-
-
total
14 476
16 945
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 963
57 538
95 054
63 654
After tax
70 537
71 962
34 446
65 846
Living cost
32 377
32 377
32 377
32 377
Free-cash
38 160
39 585
2 069
33 469

Estimated living cost  is ₽32377 per week

₽21594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23555
₽38990
₽25209
₽13901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
20 355
national
-
-
-
45 538
communal

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

-
-
-
6 549
total
-
-
-
72 442
Employee

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

65 726
-
100 298
-
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.

3 088
-
4 713
-
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.

4 929
-
7 522
-
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.

572
-
872
-
national
20 207
-
34 562
-
communal

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

3 428
-
5 231
-
total
32 224
-
52 900
-
Employer

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

65 726
-
100 298
-
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.

4 042
-
6 169
-
surtax
7 453
-
11 372
-
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.

854
-
1 304
-
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.

5 824
-
8 886
-
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.

959
-
1 465
-
total
19 132
-
29 196
-
Corporate
44 642
129 500
-
-
surtax
178
518
-
-
income
8 928
25 899
-
-
total
9 106
26 417
-
-
Dividends
35 536
103 083
-
-
withholding

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

10 326
30 590
-
-
total
10 326
30 590
-
-
Income
129 500
129 500
129 500
129 500
Total tax
70 788
57 007
82 096
72 442
After tax
58 712
72 493
47 404
57 058
Living cost
33 503
33 503
33 503
33 503
Free-cash
25 209
38 990
13 901
23 555

Estimated living cost  is ₽33503 per week

₽21580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2929
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.
₽8469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39802
₽53527
₽46666
₽35382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
767
other
-
-
-
85
pensions
-
-
-
24 101
unemployment
-
-
-
596
income
-
-
-
30 965
total
-
-
-
56 514
Employee
45 738
-
102 349
-
pensions
2 150
-
4 004
-
unemployment
710
-
1 320
-
other
45
-
85
-
income
9 650
-
28 373
-
total
12 555
-
33 782
-
Employer
45 738
-
102 349
-
accident
905
-
1 686
-
pensions
10 793
-
20 100
-
other
364
-
682
-
unemployment
2 516
-
4 684
-
total
14 578
-
27 152
-
Corporate
69 183
129 500
-
-
income

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

10 377
19 425
-
-
total
10 377
19 425
-
-
Dividends
58 806
110 075
-
-
withholding
12 140
23 364
-
-
total
12 140
23 364
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 650
42 789
60 934
56 514
After tax
79 850
86 711
68 566
72 986
Living cost
33 184
33 184
33 184
33 184
Free-cash
46 666
53 527
35 382
39 802

Estimated living cost  is ₽33184 per week

₽24436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17713
₽27505
₽17535
₽22875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
9 099
accident
-
-
-
1 092
pensions
-
-
-
19 411
communal
-
-
-
8 185
income
-
-
-
17 646
surtax
-
-
-
6 420
total
-
-
-
61 853
Employee
69 584
-
115 676
-
health
3 097
-
5 149
-
pensions
5 566
-
9 254
-
surtax
4 265
-
7 090
-
income
6 721
-
21 374
-
total
19 649
-
42 867
-
Employer
69 584
-
115 676
-
health
2 122
-
3 529
-
accident
626
-
1 041
-
pensions
5 566
-
9 254
-
total
8 314
-
13 824
-
Corporate
51 602
129 500
-
-
communal
3 484
8 741
-
-
surtax
542
1 360
-
-
income
7 740
19 425
-
-
total
11 766
29 526
-
-
Dividends
39 836
99 974
-
-
income
16 326
7 539
-
-
withholding
5 976
14 996
-
-
total
22 302
22 535
-
-
Income
129 500
129 500
129 500
129 500
Total tax
62 031
52 061
56 691
61 853
After tax
67 469
77 439
72 809
67 647
Living cost
49 934
49 934
49 934
49 934
Free-cash
17 535
27 505
22 875
17 713

Estimated living cost  is ₽49934 per week

₽37458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40811
₽60816
₽57895
₽37781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
8 706
other
-
-
-
-
pensions
-
-
-
24 527
unemployment
-
-
-
209
income
-
-
-
30 323
surtax
-
-
-
4 286
total
-
-
-
68 051
Employee
30 944
-
106 982
-
health
790
-
2 727
-
pensions
2 065
-
7 135
-
unemployment
2 153
-
7 446
-
surtax
110
-
3 806
-
income
5 187
-
27 449
-
other
-
-
-
-
total
10 305
-
48 563
-
Employer
30 944
-
106 982
-
health
1 407
-
4 867
-
pensions
4 126
-
14 260
-
other
-
-
-
-
unemployment
982
-
3 391
-
total
6 515
-
22 518
-
Corporate
92 042
129 500
-
-
income
23 931
33 671
-
-
total
23 931
33 671
-
-
Dividends
68 111
95 829
-
-
withholding
10 216
14 375
-
-
total
10 216
14 375
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 967
48 046
71 081
68 051
After tax
78 533
81 454
58 419
61 449
Living cost
20 638
20 638
20 638
20 638
Free-cash
57 895
60 816
37 781
40 811

Estimated living cost  is ₽20638 per week

₽12460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38574
₽43315
₽41277
₽32452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
regional
-
-
-
1 952
municipal
-
-
-
769
social contributions
-
-
-
33 308
national
-
-
-
30 145
total
-
-
-
66 174
Employee
50 970
-
129 500
-
regional
686
-
1 743
-
national
8 075
-
26 199
-
social contributions
17 188
-
43 667
-
municipal
270
-
687
-
total
26 219
-
72 296
-
Employer
50 970
-
129 500
-
total
-
-
-
-
Corporate
78 530
129 500
-
-
nationa
18 848
31 080
-
-
municipal
3 902
6 436
-
-
total
22 750
37 516
-
-
Dividends
55 780
91 984
-
-
withholding
14 502
23 917
-
-
total
14 502
23 917
-
-
Income
129 500
129 500
129 500
129 500
Total tax
63 471
61 433
72 296
66 174
After tax
66 029
68 067
57 204
63 326
Living cost
24 752
24 752
24 752
24 752
Free-cash
41 277
43 315
32 452
38 574

Estimated living cost  is ₽24752 per week

₽15393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39354
₽61126
₽51125
₽37681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
17 482
social contributions
-
-
-
32 737
solidarity contribution
-
-
-
-
income
-
-
-
11 892
total
-
-
-
62 111
Employee
41 227
-
96 642
-
health
5 566
-
13 047
-
solidarity contribution
-
-
-
-
social contributions
2 680
-
6 282
-
income
4 947
-
11 597
-
total
13 193
-
30 926
-
Employer
41 227
-
96 642
-
health
3 710
-
8 698
-
social contributions
10 307
-
24 160
-
total
14 017
-
32 858
-
Corporate
74 255
129 500
-
-
income
14 108
24 605
-
-
total
14 108
24 605
-
-
Dividends
60 147
104 895
-
-
withholding
9 022
15 734
-
-
total
9 022
15 734
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 340
40 339
63 784
62 111
After tax
79 160
89 161
65 716
67 389
Living cost
28 035
28 035
28 035
28 035
Free-cash
51 125
61 126
37 681
39 354

Estimated living cost  is ₽28035 per week

₽20848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36712
₽42744
₽42291
₽5162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
8 211
pensions
-
-
-
19 859
unemployment
-
-
-
5 636
income
-
-
-
29 249
chamber of commerce
-
-
-
518
surtax
-
-
-
-
total
-
-
-
63 473
Employee
40 166
36 618
100 558
-
health
1 554
1 418
3 892
-
pensions
4 113
3 749
10 297
-
unemployment
1 205
1 099
3 017
-
income
3 578
2 701
23 601
-
other
401
366
1 006
-
total
10 851
9 333
41 813
-
Employer
40 166
36 618
100 558
-
payroll
1 205
1 099
3 017
-
health
1 519
1 384
3 801
-
surtax
-
-
-
-
accident
521
476
1 308
-
pensions
5 041
4 596
12 621
-
chamber of commerce
160
146
403
-
other
1 908
1 738
4 776
-
unemployment
1 205
1 099
3 017
-
total
11 559
10 538
28 943
-
Corporate
77 775
82 343
97 071
-
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.

19 444
20 586
24 267
-
total
19 444
20 586
24 267
-
Dividends
58 331
61 757
-
-
withholding
16 040
16 984
-
-
total
16 040
16 984
-
-
Income
129 500
129 500
129 500
129 500
Total tax
57 894
57 441
95 023
63 473
After tax
71 606
72 059
34 477
66 027
Living cost
29 315
29 315
29 315
29 315
Free-cash
42 291
42 744
5 162
36 712

Estimated living cost  is ₽29315 per week

₽17585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116490
₽111310
₽109113
₽91885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
129 500
microenterprise

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

-
-
-
1 295
total
-
-
-
1 295
Employee
14 644
-
129 500
-
income
2 929
-
25 900
-
total
2 929
-
25 900
-
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%.

114 856
129 500
-
-
total
-
-
-
-
Dividends
114 856
129 500
-
-
withholding
5 743
6 475
-
-
total
5 743
6 475
-
-
Income
129 500
129 500
129 500
129 500
Total tax
8 672
6 475
25 900
1 295
After tax
120 828
123 025
103 600
128 205
Living cost
11 715
11 715
11 715
11 715
Free-cash
109 113
111 310
91 885
116 490

Estimated living cost  is ₽11715 per week

₽7928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40245
₽64516
₽56830
₽36814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
health
-
-
-
12 743
pensions
-
-
-
23 650
unemployment
-
-
-
194
income
-
-
-
28 022
total
-
-
-
64 609
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.

40 632
-
112 053
-
health
2 624
-
7 238
-
pensions
6 298
-
17 369
-
unemployment
58
-
157
-
income
7 007
-
25 829
-
total
15 987
-
50 593
-
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.

40 632
-
112 053
-
health
2 706
-
7 463
-
pensions
3 596
-
9 916
-
unemployment
24
-
68
-
total
6 326
-
17 447
-
Corporate
82 542
129 500
-
-
income
15 683
24 605
-
-
total
15 683
24 605
-
-
Dividends
66 859
104 895
-
-
withholding
10 028
15 733
-
-
total
10 028
15 733
-
-
Income
129 500
129 500
129 500
129 500
Total tax
48 024
40 338
68 040
64 609
After tax
81 476
89 162
61 460
64 891
Living cost
24 646
24 646
24 646
24 646
Free-cash
56 830
64 516
36 814
40 245

Estimated living cost  is ₽24646 per week

₽16914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47798
₽37091
-₽14588
₽75090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
14 763
income
-
-
-
25 242
total
-
-
-
40 005
Employee
59 787
-
-
-
social contributions
4 903
-
699
-
income
13 188
-
-
-
total
18 091
-
699
-
Employer
59 787
-
-
-
social contributions
84 300
-
12 014
-
total
84 300
-
12 014
-
Corporate
-
129 500
-
-
income
-
28 490
-
-
total
-
28 490
-
-
Dividends
-
101 010
-
-
income
-
22 222
-
-
total
-
22 222
-
-
Income
129 500
129 500
129 500
129 500
Total tax
102 391
50 712
12 713
40 005
After tax
27 109
78 788
116 787
89 495
Living cost
41 697
41 697
41 697
41 697
Free-cash
-14 588
37 091
75 090
47 798

Estimated living cost  is ₽41697 per week

₽27054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41638
₽44839
₽43912
₽32791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
social contributions

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

-
-
-
45 001
income
-
-
-
14 040
surtax
-
-
-
-
total
-
-
-
59 041
Employee
42 260
-
104 647
-
surtax
-
-
-
-
social contributions
4 649
-
11 512
-
income
8 790
-
31 523
-
total
13 439
-
43 035
-
Employer
42 260
-
104 647
-
social contributions
10 037
-
24 853
-
total
10 037
-
24 853
-
Corporate
77 203
129 500
-
-
surtax
-
-
-
-
income
16 213
27 195
-
-
total
16 213
27 195
-
-
Dividends
60 990
102 305
-
-
withholding
17 078
28 645
-
-
total
17 078
28 645
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 767
55 840
67 888
59 041
After tax
72 733
73 660
61 612
70 459
Living cost
28 821
28 821
28 821
28 821
Free-cash
43 912
44 839
32 791
41 638

Estimated living cost  is ₽28821 per week

₽21564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
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.
₽5076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29122
₽20892
₽27205
₽30410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
4 466
other
-
-
-
4 014
pensions
-
-
-
26 175
social contributions
-
-
-
3 690
income
-
-
-
17 654
surtax
-
-
-
-
total
-
-
-
55 999
Employee
57 550
-
102 152
-
pensions
6 509
-
6 302
-
surtax
-
-
-
-
social contributions
1 639
-
2 910
-
income
5 021
-
18 150
-
total
13 169
-
27 362
-
Employer
57 550
-
102 152
-
health
4 028
-
8 505
-
pensions
9 456
-
10 756
-
other
1 986
-
3 643
-
social contributions
173
-
307
-
unemployment
2 331
-
4 138
-
total
17 974
-
27 349
-
Corporate
53 976
129 500
-
-
surtax
-
-
-
-
income
15 113
36 260
-
-
total
15 113
36 260
-
-
Dividends
38 864
93 240
-
-
social contributions
6 685
16 035
-
-
surtax
-
-
-
-
withholding
4 975
11 934
-
-
total
11 660
27 969
-
-
Income
129 500
129 500
129 500
129 500
Total tax
57 916
64 229
54 711
55 999
After tax
71 584
65 271
74 789
73 501
Living cost
44 379
44 379
44 379
44 379
Free-cash
27 205
20 892
30 410
29 122

Estimated living cost  is ₽44379 per week

₽30035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68869
₽88930
₽85843
₽72309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
4 521
social contributions
-
-
-
28 490
total
-
-
-
33 011
Employee
29 540
-
112 121
-
social contributions
1 920
-
7 289
-
income
-
-
4 903
-
total
1 920
-
12 192
-
Employer
29 540
-
112 121
-
social contributions
4 579
-
17 379
-
total
4 579
-
17 379
-
Corporate
95 381
129 500
-
-
income
9 538
12 950
-
-
total
9 538
12 950
-
-
Dividends
85 843
116 550
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
16 037
12 950
29 571
33 011
After tax
113 463
116 550
99 929
96 489
Living cost
27 620
27 620
27 620
27 620
Free-cash
85 843
88 930
72 309
68 869

Estimated living cost  is ₽27620 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34041
-₽70430
-₽70430
-₽70430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
municipal
-
-
-
26 021
labour market
-
-
-
10 296
national
-
-
-
14 154
pensions
-
-
-
795
total
-
-
-
51 266
Employee
186 529
186 529
186 529
-
pensions
265
265
265
-
labour market
14 901
14 901
14 901
-
national
22 788
22 788
22 788
-
municipal
39 720
39 720
39 720
-
total
77 674
77 674
77 674
-
Employer
186 529
186 529
186 529
-
municipal
39 783
39 783
39 783
-
labour market
14 922
14 922
14 922
-
national
22 828
22 828
22 828
-
pensions
530
530
530
-
total
78 063
78 063
78 063
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
155 737
155 737
155 737
51 266
After tax
-26 237
-26 237
-26 237
78 234
Living cost
44 193
44 193
44 193
44 193
Free-cash
-70 430
-70 430
-70 430
34 041

Estimated living cost  is ₽44193 per week

₽30246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽680
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68589
-₽9569
₽7413
₽49107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
2 018
accident
-
-
-
234
other
-
-
-
343
pensions
-
-
-
3 850
income
-
-
-
34 408
total
-
-
-
40 853
Employee
31 553
-
114 584
-
health
3 613
-
13 120
-
pensions
3 553
-
7 060
-
income
4 329
-
25 239
-
total
11 495
-
45 419
-
Employer
31 553
-
114 584
-
accident
527
-
1 914
-
pensions
5 130
-
10 195
-
unemployment
773
-
2 807
-
total
6 430
-
14 916
-
Corporate
91 517
129 500
-
-
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.

82 365
116 550
-
-
total
82 365
116 550
-
-
Dividends
9 152
12 950
-
-
withholding
1 739
2 461
-
-
total
1 739
2 461
-
-
Income
129 500
129 500
129 500
129 500
Total tax
102 029
119 011
60 335
40 853
After tax
27 471
10 489
69 165
88 647
Living cost
20 058
20 058
20 058
20 058
Free-cash
7 413
-9 569
49 107
68 589

Estimated living cost  is ₽20058 per week

₽14600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52469
₽47882
₽49099
₽34713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
129 500
health
-
-
-
1 611
municipal
-
-
-
23 020
national
-
-
-
17 123
total
-
-
-
41 754
Employee
48 343
-
108 944
-
health
361
-
1 294
-
pensions
3 262
-
7 353
-
unemployment
725
-
1 634
-
national
799
-
10 912
-
municipal
7 918
-
17 760
-
total
13 065
-
38 953
-
Employer
48 343
-
108 944
-
health
371
-
839
-
accident
49
-
108
-
pensions
8 387
-
18 902
-
unemployment
314
-
708
-
total
9 121
-
20 557
-
Corporate
72 036
129 500
-
-
income
14 406
25 899
-
-
total
14 406
25 899
-
-
Dividends

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

43 222
77 701
-
-
national
752
6 456
-
-
municipal
7 780
13 986
-
-
total
8 532
20 442
-
-
Income
129 500
129 500
129 500
129 500
Total tax
45 124
46 341
59 510
41 754
After tax
84 376
83 159
69 990
87 746
Living cost
35 277
35 277
35 277
35 277
Free-cash
49 099
47 882
34 713
52 469

Estimated living cost  is ₽35277 per week

₽23043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3393
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68858
₽73303
₽68302
₽67632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
3 303
social contributions
-
-
-
14 867
income
-
-
-
21 198
total
-
-
-
39 368
Employee
70 655
70 655
119 381
-
health
548
1 201
2 030
-
social contributions
2 671
5 864
7 909
-
income
7 693
6 541
20 537
-
total
10 912
13 606
30 476
-
Employer
70 655
70 655
119 381
-
health
595
1 308
2 209
-
social contributions
2 671
5 864
7 909
-
total
3 266
7 172
10 118
-
Corporate
94 048
51 673
-
-
income
11 756
6 459
-
-
total
11 756
6 459
-
-
Dividends
82 292
45 214
-
-
withholding
13 990
7 686
-
-
total
13 990
7 686
-
-
Income
129 500
129 500
129 500
129 500
Total tax
39 924
34 923
40 594
39 368
After tax
89 576
94 577
88 906
90 132
Living cost
21 274
21 274
21 274
21 274
Free-cash
68 302
73 303
67 632
68 858

Estimated living cost  is ₽21274 per week

₽12750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
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.
₽5967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92806
₽92649
₽87974
₽74375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
129 500
health
-
-
-
3 325
pensions
-
-
-
5 845
unemployment
-
-
-
26
income
-
-
-
12 909
total
-
-
-
22 105
Employee

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

21 091
-
120 520
-
health
1 793
-
7 411
-
pensions
3 163
-
13 078
-
unemployment
105
-
436
-
income
1 442
-
10 631
-
total
6 503
-
31 556
-
Employer

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

21 091
-
120 520
-
health
907
-
3 749
-
pensions
1 160
-
4 795
-
unemployment
105
-
436
-
total
2 172
-
8 980
-
Corporate
106 238
129 500
-
-
income
9 561
11 655
-
-
total
9 561
11 655
-
-
Dividends
96 678
117 845
-
-
withholding
8 701
10 607
-
-
total
8 701
10 607
-
-
Income
129 500
129 500
129 500
129 500
Total tax
26 937
22 262
40 536
22 105
After tax
102 563
107 238
88 964
107 395
Living cost
14 589
14 589
14 589
14 589
Free-cash
87 974
92 649
74 375
92 806

Estimated living cost  is ₽14589 per week

₽9308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47719
₽61444
₽57080
₽43299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
767
other
-
-
-
85
pensions
-
-
-
24 101
unemployment
-
-
-
596
income
-
-
-
30 965
total
-
-
-
56 514
Employee
33 975
-
102 349
-
pensions
1 597
-
4 004
-
unemployment
527
-
1 320
-
other
33
-
85
-
income
6 550
-
28 373
-
total
8 707
-
33 782
-
Employer
33 975
-
102 349
-
accident
673
-
1 686
-
pensions
8 018
-
20 100
-
other
272
-
682
-
unemployment
1 869
-
4 684
-
total
10 832
-
27 152
-
Corporate
84 693
129 500
-
-
income

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

12 705
19 425
-
-
total
12 705
19 425
-
-
Dividends
71 988
110 075
-
-
withholding
14 909
23 364
-
-
total
14 909
23 364
-
-
Income
129 500
129 500
129 500
129 500
Total tax
47 153
42 789
60 934
56 514
After tax
82 347
86 711
68 566
72 986
Living cost
25 267
25 267
25 267
25 267
Free-cash
57 080
61 444
43 299
47 719

Estimated living cost  is ₽25267 per week

₽17055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81459
₽79098
₽78816
₽81338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
905
pensions
-
-
-
1 248
income
-
-
-
44 177
total
-
-
-
46 330
Employee
2 605
-
128 096
-
health
130
-
312
-
pensions
234
-
561
-
unemployment
26
-
62
-
income
504
-
44 112
-
total
894
-
45 047
-
Employer
2 605
-
128 096
-
health
248
-
593
-
pensions
287
-
686
-
unemployment
52
-
125
-
total
587
-
1 404
-
Corporate
126 309
129 500
-
-
income
27 788
28 490
-
-
total
27 788
28 490
-
-
Dividends
98 521
101 010
-
-
withholding
19 704
20 202
-
-
total
19 704
20 202
-
-
Income
129 500
129 500
129 500
129 500
Total tax
48 973
48 692
46 451
46 330
After tax
80 527
80 808
83 049
83 170
Living cost
1 710
1 710
1 710
1 710
Free-cash
78 816
79 098
81 338
81 459

Estimated living cost  is ₽1710 per week

₽1016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59491
₽77710
₽73200
₽59491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
health
-
-
-
6 978
pensions
-
-
-
17 615
unemployment
-
-
-
1 016
income
-
-
-
28 546
total
-
-
-
54 155
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.

23 906
-
117 373
-
health
1 231
-
3 489
-
pensions
3 347
-
9 485
-
unemployment
179
-
508
-
income
3 295
-
28 546
-
total
8 052
-
42 028
-
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.

23 906
-
117 373
-
health
1 231
-
3 489
-
pensions
2 869
-
8 130
-
unemployment
179
-
508
-
total
4 279
-
12 127
-
Corporate
101 314
129 500
-
-
income
15 197
19 425
-
-
total
15 197
19 425
-
-
Dividends
86 117
110 075
-
-
withholding
12 918
16 511
-
-
total
12 918
16 511
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 446
35 936
54 155
54 155
After tax
89 054
93 564
75 345
75 345
Living cost
15 854
15 854
15 854
15 854
Free-cash
73 200
77 710
59 491
59 491

Estimated living cost  is ₽15854 per week

₽10674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45687
₽48888
₽48557
₽36840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
social contributions

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

-
-
-
45 001
income
-
-
-
14 040
surtax
-
-
-
-
total
-
-
-
59 041
Employee
35 663
-
104 647
-
surtax
-
-
-
-
social contributions
3 923
-
11 512
-
income
6 968
-
31 523
-
total
10 891
-
43 035
-
Employer
35 663
-
104 647
-
social contributions
8 469
-
24 853
-
total
8 469
-
24 853
-
Corporate
85 368
129 500
-
-
surtax
-
-
-
-
income
17 927
27 195
-
-
total
17 927
27 195
-
-
Dividends
67 441
102 305
-
-
withholding
18 884
28 645
-
-
total
18 884
28 645
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 171
55 840
67 888
59 041
After tax
73 329
73 660
61 612
70 459
Living cost
24 772
24 772
24 772
24 772
Free-cash
48 557
48 888
36 840
45 687

Estimated living cost  is ₽24772 per week

₽17545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40693
₽54418
₽47866
₽36273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
767
other
-
-
-
85
pensions
-
-
-
24 101
unemployment
-
-
-
596
income
-
-
-
30 965
total
-
-
-
56 514
Employee
44 376
-
102 349
-
pensions
2 085
-
4 004
-
unemployment
687
-
1 320
-
other
44
-
85
-
income
9 269
-
28 373
-
total
12 085
-
33 782
-
Employer
44 376
-
102 349
-
accident
879
-
1 686
-
pensions
10 473
-
20 100
-
other
356
-
682
-
unemployment
2 441
-
4 684
-
total
14 149
-
27 152
-
Corporate
70 975
129 500
-
-
income

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

10 647
19 425
-
-
total
10 647
19 425
-
-
Dividends
60 328
110 075
-
-
withholding
12 460
23 364
-
-
total
12 460
23 364
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 341
42 789
60 934
56 514
After tax
80 159
86 711
68 566
72 986
Living cost
32 293
32 293
32 293
32 293
Free-cash
47 866
54 418
36 273
40 693

Estimated living cost  is ₽32293 per week

₽23191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85090
₽94522
₽88782
₽89776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
3 783
pensions

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

-
-
-
4 869
unemployment
-
-
-
132
income
-
-
-
19 425
total
-
-
-
28 209
Employee
21 453
-
123 046
-
health
987
-
1 513
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 889
-
income
2 146
-
12 305
-
total
5 252
-
17 069
-
Employer
21 453
-
123 046
-
health
1 480
-
2 270
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

2 364
-
3 625
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
103 838
129 500
-
-
income
10 384
12 950
-
-
total
10 384
12 950
-
-
Dividends
93 454
116 550
-
-
withholding
4 672
5 827
-
-
total
4 672
5 827
-
-
Income
129 500
129 500
129 500
129 500
Total tax
24 517
18 777
23 523
28 209
After tax
104 983
110 723
105 977
101 291
Living cost
16 201
16 201
16 201
16 201
Free-cash
88 782
94 522
89 776
85 090

Estimated living cost  is ₽16201 per week

₽10716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36850
₽31225
₽43248
₽49303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
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.

-
-
-
6 277
trade
-
-
-
12 453
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.

-
-
-
2 004
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.

-
-
-
36 442
total
-
-
-
57 176
Employee

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

45 719
-
129 500
-
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.

6 277
-
6 277
-
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.

207
-
2 004
-
income

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

3 759
-
36 442
-
total
10 243
-
44 723
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 781
129 500
-
-
trade
12 023
18 583
-
-
chamber of commerce
262
330
-
-
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.

691
1 069
-
-
income
12 567
19 425
-
-
total
25 543
39 407
-
-
Dividends
58 240
90 094
-
-
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.

781
1 219
-
-
withholding
14 211
22 175
-
-
total
14 992
23 394
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 778
62 801
44 723
57 176
After tax
78 722
66 699
84 777
72 324
Living cost
35 474
35 474
35 474
35 474
Free-cash
43 248
31 225
49 303
36 850

Estimated living cost  is ₽35474 per week

₽24471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19690
₽38308
₽40338
₽19690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
36 612
social contributions
-
-
-
20 856
total
-
-
-
57 468
Employee
71 875
-
129 500
-
social contributions
5 971
-
20 856
-
income
13 562
-
36 612
-
total
19 533
-
57 468
-
Employer
71 875
-
129 500
-
total
-
-
-
-
Corporate
57 625
129 500
-
-
income
7 203
16 187
-
-
total
7 203
16 187
-
-
Dividends
50 422
113 313
-
-
withholding
10 084
22 663
-
-
total
10 084
22 663
-
-
Income
129 500
129 500
129 500
129 500
Total tax
36 820
38 850
57 468
57 468
After tax
92 680
90 650
72 032
72 032
Living cost
52 342
52 342
52 342
52 342
Free-cash
40 338
38 308
19 690
19 690

Estimated living cost  is ₽52342 per week

₽39821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4265
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.
₽7756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64326
₽45965
₽49177
₽60695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
income
-
-
-
26 155
health

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

-
-
-
5 664
total
-
-
-
31 819
Employee
42 152
-
125 273
-
social contributions
4 223
-
4 227
-
income
4 574
-
26 996
-
total
8 797
-
31 223
-
Employer
42 152
-
125 273
-
social contributions
4 223
-
4 227
-
total
4 223
-
4 227
-
Corporate
83 125
129 500
-
-
income
29 094
45 326
-
-
total
29 094
45 326
-
-
Dividends
54 032
84 174
-
-
social contributions
4 854
4 854
-
-
total
4 854
4 854
-
-
Income
129 500
129 500
129 500
129 500
Total tax
46 968
50 180
35 450
31 819
After tax
82 532
79 320
94 050
97 681
Living cost
33 355
33 355
33 355
33 355
Free-cash
49 177
45 965
60 695
64 326

Estimated living cost  is ₽33355 per week

₽21971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54251
₽54186
₽57854
₽42352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
pensions
-
-
-
7 603
income
-
-
-
33 636
total
-
-
-
41 239
Employee
46 683
-
113 419
-
health
609
-
1 769
-
pensions
3 563
-
9 583
-
income
8 501
-
25 704
-
total
12 673
-
37 056
-
Employer
46 683
-
113 419
-
health
887
-
2 156
-
pensions
4 716
-
13 926
-
total
5 603
-
16 082
-
Corporate
77 213
129 500
-
-
income

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

14 670
24 605
-
-
total
14 670
24 605
-
-
Dividends
62 544
104 895
-
-
withholding
4 690
16 699
-
-
total
4 690
16 699
-
-
Income
129 500
129 500
129 500
129 500
Total tax
37 636
41 304
53 138
41 239
After tax
91 864
88 196
76 362
88 261
Living cost
34 010
34 010
34 010
34 010
Free-cash
57 854
54 186
42 352
54 251

Estimated living cost  is ₽34010 per week

₽23330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3128
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.
₽7124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66603
-₽11555
₽7109
₽47121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
health
-
-
-
2 018
accident
-
-
-
234
other
-
-
-
343
pensions
-
-
-
3 850
income
-
-
-
34 408
total
-
-
-
40 853
Employee
34 676
-
114 584
-
health
3 970
-
13 120
-
pensions
3 905
-
7 060
-
income
4 757
-
25 239
-
total
12 632
-
45 419
-
Employer
34 676
-
114 584
-
accident
579
-
1 914
-
pensions
5 638
-
10 195
-
unemployment
849
-
2 807
-
total
7 066
-
14 916
-
Corporate
87 757
129 500
-
-
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.

78 982
116 550
-
-
total
78 982
116 550
-
-
Dividends
8 776
12 950
-
-
withholding
1 667
2 461
-
-
total
1 667
2 461
-
-
Income
129 500
129 500
129 500
129 500
Total tax
100 347
119 011
60 335
40 853
After tax
29 153
10 489
69 165
88 647
Living cost
22 044
22 044
22 044
22 044
Free-cash
7 109
-11 555
47 121
66 603

Estimated living cost  is ₽22044 per week

₽16178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽60636
₽96589
₽92299
₽76084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
129 500
health insurance
-
-
-
9 583
work injury
-
-
-
647
pensions
-
-
-
23 828
unemployment
-
-
-
1 554
income
-
-
-
20 867
total
-
-
-
56 479
Employee

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

19 817
-
129 500
-
pensions
3 646
-
13 491
-
work injury
99
-
367
-
unemployment
238
-
880
-
health insurance
1 466
-
5 426
-
income
1 982
-
20 867
-
total
7 431
-
41 031
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 683
129 500
-
-
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%.

1 097
1 295
-
-
total
1 097
1 295
-
-
Dividends
108 587
128 205
-
-
withholding
16 288
19 231
-
-
total
16 288
19 231
-
-
Income
129 500
129 500
129 500
129 500
Total tax
24 816
20 526
41 031
56 479
After tax
104 684
108 974
88 469
73 021
Living cost
12 385
12 385
12 385
12 385
Free-cash
92 299
96 589
76 084
60 636

Estimated living cost  is ₽12385 per week

₽7673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25647
₽31606
₽27428
₽19731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
regional
-
-
-
2 930
municipal
-
-
-
865
social contributions
-
-
-
33 308
national
-
-
-
30 145
total
-
-
-
67 248
Employee
77 428
-
129 500
-
regional
1 169
-
2 526
-
national
13 085
-
26 199
-
social contributions
26 108
-
43 667
-
municipal
462
-
772
-
total
40 824
-
73 164
-
Employer
77 428
-
129 500
-
total
-
-
-
-
Corporate
52 072
129 500
-
-
nationa
12 497
31 080
-
-
municipal
2 509
6 242
-
-
total
15 006
37 322
-
-
Dividends
37 065
92 178
-
-
withholding
9 637
23 967
-
-
total
9 637
23 967
-
-
Income
129 500
129 500
129 500
129 500
Total tax
65 467
61 289
73 164
67 248
After tax
64 033
68 211
56 336
62 252
Living cost
36 605
36 605
36 605
36 605
Free-cash
27 428
31 606
19 731
25 647

Estimated living cost  is ₽36605 per week

₽25713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close