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
₽35271
₽55697
₽42583
₽46269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
34 966
surtax

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

-
-
-
1 923
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.

-
-
-
6 794
trade
-
-
-
13 114
total
-
-
-
56 797
Employee

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

38 035
-
129 500
-
surtax

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

59
-
1 923
-
income

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

1 062
-
34 966
-
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.

6 794
-
6 794
-
total
7 915
-
43 683
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 465
129 500
-
-
income
13 719
19 424
-
-
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.

755
1 068
-
-
chamber of commerce
283
338
-
-
trade
14 406
20 396
-
-
total
29 163
41 226
-
-
Dividends
62 302
88 274
-
-
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.

836
1 193
-
-
withholding
15 197
21 690
-
-
total
16 033
22 883
-
-
Income
129 500
129 500
129 500
129 500
Total tax
53 111
64 109
43 683
56 797
After tax
76 389
65 391
85 817
72 703
Living cost
30 120
30 120
30 120
30 120
Free-cash
46 269
35 271
55 697
42 583

Estimated living cost  is ₽30120 per week

₽18947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28144
₽25717
₽24700
₽27267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 392
municipal
-
-
-
13 808
national
-
-
-
21 396
pensions
-
-
-
15 540
total
-
-
-
52 136
Employee
81 639
-
111 952
-
municipal
10 084
-
14 309
-
pensions
3 266
-
4 478
-
national
15 626
-
22 173
-
total
28 976
-
40 960
-
Employer
81 639
-
111 952
-
pensions
6 531
-
8 956
-
social contributions
878
-
1 203
-
total
7 409
-
10 159
-
Corporate
35 064
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%.

7 013
25 900
-
-
total
7 013
25 900
-
-
Dividends
28 051
103 600
-
-
withholding
6 171
22 792
-
-
total
6 171
22 792
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 569
48 692
51 119
52 136
After tax
79 931
80 808
78 381
77 364
Living cost
52 664
52 664
52 664
52 664
Free-cash
27 267
28 144
25 717
24 700

Estimated living cost  is ₽52664 per week

₽35795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽788
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82911
₽51964
₽17798
₽74755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 890
surtax
-
-
-
33 023
social contributions

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

-
-
-
38 101
microenterprise
-
-
-
-
total
-
-
-
91 014
Employee
29 058
-
104 360
-
surtax
-
-
-
-
social contributions

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

3 197
-
11 479
-
income
5 173
-
20 229
-
total
8 370
-
31 708
-
Employer
29 058
-
104 360
-
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.

6 999
-
25 140
-
surtax
-
-
-
-
total
6 999
-
25 140
-
Corporate
93 443
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%.

18 688
25 901
-
-
total
18 688
25 901
-
-
Dividends

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

74 755
103 599
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
34 057
25 901
56 848
91 014
After tax
95 443
103 599
72 652
38 486
Living cost
20 688
20 688
20 688
20 688
Free-cash
74 755
82 911
51 964
17 798

Estimated living cost  is ₽20688 per week

₽13198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21776
₽31548
₽33015
₽15686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 914
health
-
-
-
12 262
pensions
-
-
-
11 651
total
-
-
-
54 827
Employee
84 920
84 920
111 019
-
pensions
15 286
11 651
11 651
-
income

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

13 900
13 900
13 900
-
health
13 034
11 087
12 262
-
total
42 220
36 638
37 813
-
Employer
84 920
84 920
111 019
-
health
5 903
5 903
7 335
-
pensions
5 910
5 910
7 347
-
unemployment
3 057
3 057
3 799
-
total
14 870
14 870
18 481
-
Corporate
30 751
29 709
-
-
income
6 150
5 943
-
-
total
6 150
5 943
-
-
Dividends
24 601
23 767
-
-
income
5 227
5 050
-
-
withholding
3 689
3 565
-
-
total
8 916
8 615
-
-
Income
129 500
129 500
129 500
129 500
Total tax
72 156
66 066
56 294
54 827
After tax
57 344
63 434
73 206
74 673
Living cost
41 658
41 658
41 658
41 658
Free-cash
15 686
21 776
31 548
33 015

Estimated living cost  is ₽41658 per week

₽29522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30081
₽27133
₽28228
₽29169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
178
other
-
-
-
10 346
unemployment
-
-
-
89
health
-
-
-
5 556
municipal
-
-
-
30 925
national
-
-
-
3 927
pensions
-
-
-
9 625
total
-
-
-
60 646
Employee
57 889
-
101 524
-
municipal
17 262
-
30 274
-
national
-
-
3 491
-
total
17 262
-
33 765
-
Employer
57 889
-
101 524
-
health
3 560
-
5 476
-
pensions
6 258
-
9 625
-
accident
116
-
178
-
unemployment
1 528
-
2 351
-
other
6 727
-
10 346
-
total
18 189
-
27 976
-
Corporate
53 423
129 500
-
-
income
11 753
28 490
-
-
total
11 753
28 490
-
-
Dividends
41 670
101 010
-
-
withholding
12 501
30 303
-
-
total
12 501
30 303
-
-
Income
129 500
129 500
129 500
129 500
Total tax
59 705
58 793
61 741
60 646
After tax
69 795
70 707
67 759
68 854
Living cost
40 626
40 626
40 626
40 626
Free-cash
29 169
30 081
27 133
28 228

Estimated living cost  is ₽40626 per week

₽26926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25658
₽46752
₽33055
₽39629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
34 966
surtax

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

-
-
-
1 923
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.

-
-
-
6 794
trade
-
-
-
13 697
total
-
-
-
57 380
Employee

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

50 429
-
129 500
-
surtax

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

238
-
1 923
-
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.

4 333
-
34 966
-
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.

6 794
-
6 794
-
total
11 365
-
43 683
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 071
129 500
-
-
income
11 861
19 424
-
-
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.

653
1 068
-
-
chamber of commerce
264
336
-
-
trade
13 008
21 304
-
-
total
25 786
42 132
-
-
Dividends
53 285
87 368
-
-
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.

711
1 181
-
-
withholding
12 944
21 464
-
-
total
13 655
22 645
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 806
64 777
43 683
57 380
After tax
78 694
64 723
85 817
72 120
Living cost
39 065
39 065
39 065
39 065
Free-cash
39 629
25 658
46 752
33 055

Estimated living cost  is ₽39065 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62368
₽57029
₽58390
₽58243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 464
social contributions
-
-
-
16 090
health
-
-
-
3 302
total
-
-
-
38 856
Employee
76 467
76 467
118 743
-
social contributions
3 716
6 346
8 560
-
income
8 030
7 079
18 881
-
health
761
1 300
2 019
-
total
12 507
14 725
29 460
-
Employer
76 467
76 467
118 743
-
health
828
1 415
2 197
-
social contributions
3 716
6 346
8 560
-
total
4 544
7 761
10 757
-
Corporate
80 196
45 272
-
-
income
10 024
5 659
-
-
total
10 024
5 659
-
-
Dividends
70 171
39 612
-
-
withholding
11 928
6 733
-
-
total
11 928
6 733
-
-
Income
129 500
129 500
129 500
129 500
Total tax
39 003
34 878
40 217
38 856
After tax
90 497
94 622
89 283
90 644
Living cost
32 254
32 254
32 254
32 254
Free-cash
58 243
62 368
57 029
58 390

Estimated living cost  is ₽32254 per week

₽22049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54566
₽56792
₽71433
₽54947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 831
unemployment
-
-
-
1 942
health
-
-
-
9 065
pensions
-
-
-
12 950
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.

26 386
10 501
108 368
-
unemployment
396
158
1 626
-
pensions
2 639
1 050
10 837
-
income
3 226
1 284
13 248
-
health
1 847
735
7 586
-
total
8 108
3 227
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.

26 386
10 501
108 368
-
pensions
5 145
2 048
21 132
-
total
5 145
2 048
21 132
-
Corporate
97 968
116 951
-
-
income
8 817
10 526
-
-
total
8 817
10 526
-
-
Dividends
89 151
106 425
-
-
social contributions
17 265
20 633
-
-
withholding
16 939
20 221
-
-
total
34 204
40 854
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 274
56 655
54 429
39 788
After tax
73 226
72 845
75 071
89 712
Living cost
18 279
18 279
18 279
18 279
Free-cash
54 947
54 566
56 792
71 433

Estimated living cost  is ₽18279 per week

₽12474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79580
₽50625
₽45393
₽73405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 352
health
-
-
-
16 835
pensions
-
-
-
25 901
total
-
-
-
60 088
Employee
28 210
-
96 785
-
unemployment
451
-
1 549
-
pensions
564
-
1 936
-
income
3 176
-
18 660
-
total
4 191
-
22 145
-
Employer
28 210
-
96 785
-
health
3 667
-
12 581
-
pensions
5 642
-
19 356
-
unemployment
226
-
774
-
total
9 535
-
32 711
-
Corporate
91 754
129 500
-
-
income
18 350
25 901
-
-
total
18 350
25 901
-
-
Dividends
73 404
103 599
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
32 076
25 901
54 856
60 088
After tax
97 424
103 599
74 644
69 412
Living cost
24 019
24 019
24 019
24 019
Free-cash
73 405
79 580
50 625
45 393

Estimated living cost  is ₽24019 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11626
₽46554
₽66582
₽7098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
33 800
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
40 802
Employee
34 790
-
113 739
-
pensions
3 917
-
7 670
-
income
4 773
-
24 376
-
health
3 983
-
13 023
-
total
12 673
-
45 069
-
Employer
34 790
-
113 739
-
pensions
5 657
-
11 075
-
accident
581
-
1 900
-
unemployment
852
-
2 786
-
total
7 090
-
15 761
-
Corporate
87 620
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.

78 858
116 550
-
-
total
78 858
116 550
-
-
Dividends
8 762
12 950
-
-
withholding
1 665
2 460
-
-
total
1 665
2 460
-
-
Income
129 500
129 500
129 500
129 500
Total tax
100 286
119 010
60 830
40 802
After tax
29 214
10 490
68 670
88 698
Living cost
22 116
22 116
22 116
22 116
Free-cash
7 098
-11 626
46 554
66 582

Estimated living cost  is ₽22116 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114956
₽95531
₽120136
₽113444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 085
-
129 500
-
income
2 017
-
25 900
-
total
2 017
-
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%.

119 415
129 500
-
-
total
-
-
-
-
Dividends
119 415
129 500
-
-
withholding
5 970
6 475
-
-
total
5 970
6 475
-
-
Income
129 500
129 500
129 500
129 500
Total tax
7 987
6 475
25 900
1 295
After tax
121 513
123 025
103 600
128 205
Living cost
8 069
8 069
8 069
8 069
Free-cash
113 444
114 956
95 531
120 136

Estimated living cost  is ₽8069 per week

₽5000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68646
₽48002
₽42640
₽61932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 435
other
-
-
-
6 152
health
-
-
-
5 697
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.

-
-
-
31 079
total
-
-
-
60 363
Employee
36 107
-
103 433
-
unemployment
360
-
1 034
-
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.

2 527
-
7 239
-
income
6 216
-
19 220
-
health
506
-
1 447
-
total
9 609
-
28 940
-
Employer
36 107
-
103 433
-
health
506
-
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.

6 139
-
17 582
-
accident
289
-
827
-
unemployment
360
-
1 034
-
other
1 806
-
5 171
-
total
9 100
-
26 061
-
Corporate
84 294
129 500
-
-
income
17 701
27 195
-
-
total
17 701
27 195
-
-
Dividends
66 593
102 305
-
-
withholding
4 661
7 162
-
-
total
4 661
7 162
-
-
Income
129 500
129 500
129 500
129 500
Total tax
41 071
34 357
55 001
60 363
After tax
88 429
95 143
74 499
69 137
Living cost
26 497
26 497
26 497
26 497
Free-cash
61 932
68 646
48 002
42 640

Estimated living cost  is ₽26497 per week

₽18722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23620
₽11320
₽23284
₽17593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 330
pensions
-
-
-
7 985
total
-
-
-
40 315
Employee
93 240
-
113 532
-
pensions
8 995
-
10 144
-
income
16 807
-
24 353
-
health
1 536
-
1 817
-
total
27 338
-
36 314
-
Employer
93 240
-
113 532
-
health
1 771
-
2 157
-
pensions
11 009
-
13 808
-
total
12 780
-
15 965
-
Corporate
23 480
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.

4 462
24 605
-
-
total
4 462
24 605
-
-
Dividends
19 019
104 895
-
-
withholding
1 426
15 374
-
-
total
1 426
15 374
-
-
Income
129 500
129 500
129 500
129 500
Total tax
46 006
39 979
52 279
40 315
After tax
83 494
89 521
77 221
89 185
Living cost
65 901
65 901
65 901
65 901
Free-cash
17 593
23 620
11 320
23 284

Estimated living cost  is ₽65901 per week

₽49381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽97684
₽92349
₽87763
₽93064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 425
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
28 699
Employee
17 264
-
122 685
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
pensions

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

1 516
-
3 050
-
income
1 726
-
12 268
-
health
794
-
1 598
-
total
4 226
-
17 298
-
Employer
17 264
-
122 685
-
health
1 192
-
2 397
-
pensions

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

1 903
-
3 828
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
208
-
total
3 388
-
6 815
-
Corporate
108 848
129 500
-
-
income
10 885
12 950
-
-
total
10 885
12 950
-
-
Dividends
97 964
116 550
-
-
withholding
4 899
5 828
-
-
total
4 899
5 828
-
-
Income
129 500
129 500
129 500
129 500
Total tax
23 398
18 778
24 113
28 699
After tax
106 102
110 722
105 387
100 801
Living cost
13 038
13 038
13 038
13 038
Free-cash
93 064
97 684
92 349
87 763

Estimated living cost  is ₽13038 per week

₽7612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8291
₽18063
₽19530
₽10792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 914
health
-
-
-
12 262
pensions
-
-
-
11 651
total
-
-
-
54 827
Employee
92 196
84 920
111 019
-
pensions
11 651
11 651
11 651
-
income

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

13 900
13 900
13 900
-
health
11 502
11 087
12 262
-
total
37 053
36 638
37 813
-
Employer
92 196
84 920
111 019
-
health
6 407
5 903
7 335
-
pensions
6 416
5 910
7 347
-
unemployment
3 319
3 057
3 799
-
total
16 142
14 870
18 481
-
Corporate
21 162
29 709
-
-
income
4 233
5 943
-
-
total
4 233
5 943
-
-
Dividends
16 929
23 767
-
-
income
3 597
5 050
-
-
withholding
2 540
3 565
-
-
total
6 137
8 615
-
-
Income
129 500
129 500
129 500
129 500
Total tax
63 565
66 066
56 294
54 827
After tax
65 935
63 434
73 206
74 673
Living cost
55 143
55 143
55 143
55 143
Free-cash
10 792
8 291
18 063
19 530

Estimated living cost  is ₽55143 per week

₽40677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64440
₽40995
₽40258
₽55622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 467
social contributions
-
-
-
35 572
solidarity contribution
-
-
-
-
health
-
-
-
17 482
total
-
-
-
64 521
Employee
36 354
-
96 642
-
solidarity contribution
-
-
-
-
social contributions
2 363
-
6 282
-
income
4 362
-
11 597
-
health
4 908
-
13 047
-
total
11 633
-
30 926
-
Employer
36 354
-
96 642
-
health
3 272
-
8 698
-
social contributions
9 088
-
24 160
-
total
12 360
-
32 858
-
Corporate
80 786
129 500
-
-
income
15 349
24 605
-
-
total
15 349
24 605
-
-
Dividends
65 436
104 895
-
-
withholding
9 815
15 734
-
-
total
9 815
15 734
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 157
40 339
63 784
64 521
After tax
80 343
89 161
65 716
64 979
Living cost
24 721
24 721
24 721
24 721
Free-cash
55 622
64 440
40 995
40 258

Estimated living cost  is ₽24721 per week

₽17171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27132
₽16208
₽22371
₽21939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 308
regional
-
-
-
1 481
municipal
-
-
-
770
national
-
-
-
29 609
total
-
-
-
65 168
Employee
88 379
-
129 500
-
municipal
468
-
687
-
national
15 314
-
25 672
-
regional
834
-
1 304
-
social contributions
29 801
-
43 668
-
total
46 417
-
71 331
-
Employer
88 379
-
129 500
-
total
-
-
-
-
Corporate
41 121
129 500
-
-
municipal
1 604
5 050
-
-
nationa
9 870
31 081
-
-
total
11 474
36 131
-
-
Dividends
29 648
93 369
-
-
withholding
7 709
24 276
-
-
total
7 709
24 276
-
-
Income
129 500
129 500
129 500
129 500
Total tax
65 600
60 407
71 331
65 168
After tax
63 900
69 093
58 169
64 332
Living cost
41 961
41 961
41 961
41 961
Free-cash
21 939
27 132
16 208
22 371

Estimated living cost  is ₽41961 per week

₽29250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59512
₽37771
₽39915
₽56415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 416
other
-
-
-
-
surtax
-
-
-
3 904
unemployment
-
-
-
226
health
-
-
-
9 194
pensions
-
-
-
25 901
total
-
-
-
67 641
Employee
32 885
-
106 979
-
other
-
-
-
-
unemployment
2 289
-
7 447
-
pensions
2 193
-
7 135
-
surtax
108
-
3 567
-
income
5 512
-
26 386
-
health
840
-
2 729
-
total
10 942
-
47 264
-
Employer
32 885
-
106 979
-
health
1 496
-
4 869
-
pensions
4 384
-
14 261
-
unemployment
1 042
-
3 391
-
other
-
-
-
-
total
6 922
-
22 521
-
Corporate
89 693
129 500
-
-
income
23 321
33 670
-
-
total
23 321
33 670
-
-
Dividends
66 372
95 830
-
-
withholding
9 956
14 374
-
-
total
9 956
14 374
-
-
Income
129 500
129 500
129 500
129 500
Total tax
51 141
48 044
69 785
67 641
After tax
78 359
81 456
59 715
61 859
Living cost
21 944
21 944
21 944
21 944
Free-cash
56 415
59 512
37 771
39 915

Estimated living cost  is ₽21944 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽44499
₽32199
₽44163
₽44253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 330
pensions
-
-
-
7 985
total
-
-
-
40 315
Employee
62 487
-
113 532
-
pensions
5 304
-
10 144
-
income
11 254
-
24 353
-
health
907
-
1 817
-
total
17 465
-
36 314
-
Employer
62 487
-
113 532
-
health
1 187
-
2 157
-
pensions
6 764
-
13 808
-
total
7 951
-
15 965
-
Corporate
59 062
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.

11 222
24 605
-
-
total
11 222
24 605
-
-
Dividends
47 840
104 895
-
-
withholding
3 587
15 374
-
-
total
3 587
15 374
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 225
39 979
52 279
40 315
After tax
89 275
89 521
77 221
89 185
Living cost
45 022
45 022
45 022
45 022
Free-cash
44 253
44 499
32 199
44 163

Estimated living cost  is ₽45022 per week

₽33730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3375
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.
₽7446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19416
₽21838
₽28245
₽14227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 589
regional
-
-
-
5 190
health
-
-
-
291
city
-
-
-
1 365
national
-
-
-
1 271
pensions
-
-
-
11 914
total
-
-
-
22 620
Employee
92 023
-
115 910
-
unemployment
-
-
-
-
pensions
7 731
-
9 737
-
national
436
-
995
-
regional
3 013
-
4 471
-
city
988
-
1 246
-
health
208
-
261
-
total
12 376
-
16 710
-
Employer
92 023
-
115 910
-
health
208
-
261
-
pensions
7 731
-
9 737
-
unemployment
-
-
-
-
other

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

1 840
-
2 319
-
total
9 779
-
12 317
-
Corporate
26 686
129 500
-
-
regional
5 645
27 388
-
-
national
2 268
11 007
-
-
total
7 913
38 395
-
-
Dividends
18 773
91 105
-
-
withholding
6 570
31 886
-
-
total
6 570
31 886
-
-
Income
129 500
129 500
129 500
129 500
Total tax
36 638
70 281
29 027
22 620
After tax
92 862
59 219
100 473
106 880
Living cost
78 635
78 635
78 635
78 635
Free-cash
14 227
-19 416
21 838
28 245

Estimated living cost  is ₽78635 per week

₽51135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽965
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18504
₽40262
₽25982
₽34626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
34 966
surtax

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

-
-
-
1 923
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.

-
-
-
6 794
trade
-
-
-
14 280
total
-
-
-
57 963
Employee

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

59 763
-
129 500
-
surtax

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

387
-
1 923
-
income

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

7 028
-
34 966
-
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.

6 794
-
6 794
-
total
14 209
-
43 683
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 737
129 500
-
-
income
10 460
19 424
-
-
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.

576
1 068
-
-
chamber of commerce
249
334
-
-
trade
11 961
22 209
-
-
total
23 246
43 035
-
-
Dividends
46 491
86 464
-
-
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.

619
1 168
-
-
withholding
11 245
21 238
-
-
total
11 864
22 406
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 319
65 441
43 683
57 963
After tax
80 181
64 059
85 817
71 537
Living cost
45 555
45 555
45 555
45 555
Free-cash
34 626
18 504
40 262
25 982

Estimated living cost  is ₽45555 per week

₽33272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31243
₽42259
₽39696
₽37120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 585
other
-
-
-
4 014
surtax
-
-
-
-
social contributions
-
-
-
3 689
health
-
-
-
4 050
pensions
-
-
-
27 443
total
-
-
-
55 781
Employee
42 560
-
102 888
-
pensions
4 812
-
6 044
-
surtax
-
-
-
-
social contributions
1 213
-
2 933
-
income
2 512
-
17 629
-
total
8 537
-
26 606
-
Employer
42 560
-
102 888
-
health
2 980
-
8 208
-
pensions
6 992
-
10 378
-
unemployment
1 723
-
4 167
-
social contributions
128
-
309
-
other
1 468
-
3 550
-
total
13 291
-
26 612
-
Corporate
73 649
129 500
-
-
income
20 622
36 261
-
-
surtax
-
-
-
-
total
20 622
36 261
-
-
Dividends
53 027
93 239
-
-
surtax
-
-
-
-
social contributions
9 119
16 039
-
-
withholding
6 788
11 934
-
-
total
15 907
27 973
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 357
64 234
53 218
55 781
After tax
71 143
65 266
76 282
73 719
Living cost
34 023
34 023
34 023
34 023
Free-cash
37 120
31 243
42 259
39 696

Estimated living cost  is ₽34023 per week

₽21453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34614
₽45630
₽43067
₽40139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 585
other
-
-
-
4 014
surtax
-
-
-
-
social contributions
-
-
-
3 689
health
-
-
-
4 050
pensions
-
-
-
27 443
total
-
-
-
55 781
Employee
37 991
-
102 888
-
pensions
4 297
-
6 044
-
surtax
-
-
-
-
social contributions
1 083
-
2 933
-
income
1 959
-
17 629
-
total
7 339
-
26 606
-
Employer
37 991
-
102 888
-
health
2 659
-
8 208
-
pensions
6 243
-
10 378
-
unemployment
1 538
-
4 167
-
social contributions
113
-
309
-
other
1 312
-
3 550
-
total
11 865
-
26 612
-
Corporate
79 645
129 500
-
-
income
22 300
36 261
-
-
surtax
-
-
-
-
total
22 300
36 261
-
-
Dividends
57 345
93 239
-
-
surtax
-
-
-
-
social contributions
9 864
16 039
-
-
withholding
7 341
11 934
-
-
total
17 205
27 973
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 709
64 234
53 218
55 781
After tax
70 791
65 266
76 282
73 719
Living cost
30 652
30 652
30 652
30 652
Free-cash
40 139
34 614
45 630
43 067

Estimated living cost  is ₽30652 per week

₽17777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57920
₽60749
₽62079
₽58435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 424
social contributions
-
-
-
17 871
health
-
-
-
9 039
total
-
-
-
46 334
Employee
33 717
-
129 500
-
social contributions
4 654
-
17 871
-
income
5 624
-
20 754
-
health
2 353
-
9 039
-
total
12 631
-
47 664
-
Employer
33 717
-
129 500
-
total
-
-
-
-
Corporate
95 783
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%.

4 789
6 475
-
-
total
4 789
6 475
-
-
Dividends
90 994
123 025
-
-
social contributions
12 557
16 978
-
-
withholding
13 649
18 454
-
-
health
6 352
8 586
-
-
total
32 558
44 018
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 978
50 493
47 664
46 334
After tax
79 522
79 007
81 836
83 166
Living cost
21 087
21 087
21 087
21 087
Free-cash
58 435
57 920
60 749
62 079

Estimated living cost  is ₽21087 per week

₽14112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
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.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37051
₽381
₽30090
₽35510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 180
surtax
-
-
-
196
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
517
health
-
-
-
8 886
pensions
-
-
-
21 492
total
-
-
-
64 370
Employee
49 697
39 629
100 406
-
other
496
396
1 004
-
unemployment
1 491
1 189
3 012
-
pensions
5 090
4 057
10 281
-
income
5 658
2 923
22 645
-
health
1 923
1 534
3 886
-
total
14 658
10 099
40 828
-
Employer
49 697
39 629
100 406
-
chamber of commerce
198
159
402
-
health
1 878
1 498
3 795
-
pensions
6 237
4 974
12 600
-
accident
645
515
1 306
-
unemployment
1 491
1 189
3 012
-
surtax
196
196
196
-
payroll
1 491
1 189
3 012
-
other
2 361
1 881
4 769
-
total
14 497
11 601
29 092
-
Corporate
65 306
78 269
96 634
-
income

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

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

16 327
19 567
24 159
-
total
16 327
19 567
24 159
-
Dividends
48 979
58 701
-
-
withholding
13 468
16 142
-
-
total
13 468
16 142
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 950
57 409
94 079
64 370
After tax
70 550
72 091
35 421
65 130
Living cost
35 040
35 040
35 040
35 040
Free-cash
35 510
37 051
381
30 090

Estimated living cost  is ₽35040 per week

₽23370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36262
₽11885
₽21469
₽21345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
6 539
social contributions
-
-
-
20 521
national
-
-
-
44 713
total
-
-
-
71 773
Employee

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

71 132
-
100 301
-
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.

619
-
872
-
communal

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

3 710
-
5 231
-
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.

5 335
-
7 522
-
national
21 869
-
33 819
-
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.

3 342
-
4 714
-
total
34 875
-
52 158
-
Employer

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

71 132
-
100 301
-
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.

4 374
-
6 169
-
pensions

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

6 303
-
8 886
-
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.

925
-
1 304
-
unemployment

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

1 038
-
1 464
-
surtax
8 066
-
11 376
-
total
20 706
-
29 199
-
Corporate
37 663
129 500
-
-
income
7 533
25 901
-
-
surtax
151
517
-
-
total
7 684
26 418
-
-
Dividends
29 978
103 082
-
-
withholding

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

8 632
30 562
-
-
total
8 632
30 562
-
-
Income
129 500
129 500
129 500
129 500
Total tax
71 897
56 980
81 357
71 773
After tax
57 603
72 520
48 143
57 727
Living cost
36 258
36 258
36 258
36 258
Free-cash
21 345
36 262
11 885
21 469

Estimated living cost  is ₽36258 per week

₽23355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50959
₽31582
₽36364
₽43350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
830
income
-
-
-
29 572
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
57 223
Employee
49 500
-
100 116
-
other
49
-
92
-
unemployment
768
-
1 429
-
pensions
2 327
-
4 333
-
income
10 444
-
26 766
-
total
13 588
-
32 620
-
Employer
49 500
-
100 116
-
pensions
11 681
-
21 753
-
accident
979
-
1 825
-
unemployment
2 723
-
5 069
-
other
394
-
738
-
total
15 777
-
29 385
-
Corporate
64 222
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.

9 634
19 424
-
-
total
9 634
19 424
-
-
Dividends
54 588
110 076
-
-
withholding
11 238
23 204
-
-
total
11 238
23 204
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 237
42 628
62 005
57 223
After tax
79 263
86 872
67 495
72 277
Living cost
35 913
35 913
35 913
35 913
Free-cash
43 350
50 959
31 582
36 364

Estimated living cost  is ₽35913 per week

₽26446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23899
₽20262
₽15098
₽13878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
8 184
accident
-
-
-
1 093
income
-
-
-
16 155
surtax
-
-
-
6 420
health
-
-
-
9 098
pensions
-
-
-
19 411
total
-
-
-
60 361
Employee
75 307
-
115 677
-
pensions
6 024
-
9 254
-
surtax
4 616
-
7 090
-
income
7 274
-
19 884
-
health
3 352
-
5 146
-
total
21 266
-
41 374
-
Employer
75 307
-
115 677
-
health
2 297
-
3 527
-
pensions
6 024
-
9 254
-
accident
677
-
1 042
-
total
8 998
-
13 823
-
Corporate
45 195
129 500
-
-
communal
3 051
8 741
-
-
income
6 779
19 424
-
-
surtax
474
1 361
-
-
total
10 304
29 526
-
-
Dividends
34 891
99 974
-
-
income
15 780
7 037
-
-
withholding
5 233
14 997
-
-
total
21 013
22 034
-
-
Income
129 500
129 500
129 500
129 500
Total tax
61 581
51 560
55 197
60 361
After tax
67 919
77 940
74 303
69 139
Living cost
54 041
54 041
54 041
54 041
Free-cash
13 878
23 899
20 262
15 098

Estimated living cost  is ₽54041 per week

₽40539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59120
₽37379
₽39523
₽55956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 416
other
-
-
-
-
surtax
-
-
-
3 904
unemployment
-
-
-
226
health
-
-
-
9 194
pensions
-
-
-
25 901
total
-
-
-
67 641
Employee
33 489
-
106 979
-
other
-
-
-
-
unemployment
2 331
-
7 447
-
pensions
2 234
-
7 135
-
surtax
119
-
3 567
-
income
5 614
-
26 386
-
health
855
-
2 729
-
total
11 153
-
47 264
-
Employer
33 489
-
106 979
-
health
1 523
-
4 869
-
pensions
4 465
-
14 261
-
unemployment
1 062
-
3 391
-
other
-
-
-
-
total
7 050
-
22 521
-
Corporate
88 961
129 500
-
-
income
23 130
33 670
-
-
total
23 130
33 670
-
-
Dividends
65 831
95 830
-
-
withholding
9 875
14 374
-
-
total
9 875
14 374
-
-
Income
129 500
129 500
129 500
129 500
Total tax
51 208
48 044
69 785
67 641
After tax
78 292
81 456
59 715
61 859
Living cost
22 336
22 336
22 336
22 336
Free-cash
55 956
59 120
37 379
39 523

Estimated living cost  is ₽22336 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41279
₽30942
₽37073
₽39071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 308
regional
-
-
-
1 952
municipal
-
-
-
770
national
-
-
-
29 609
total
-
-
-
65 639
Employee
55 162
-
129 500
-
municipal
293
-
687
-
national
8 739
-
25 672
-
regional
743
-
1 743
-
social contributions
18 601
-
43 668
-
total
28 376
-
71 770
-
Employer
55 162
-
129 500
-
total
-
-
-
-
Corporate
74 338
129 500
-
-
municipal
3 695
6 437
-
-
nationa
17 841
31 081
-
-
total
21 536
37 518
-
-
Dividends
52 802
91 982
-
-
withholding
13 729
23 915
-
-
total
13 729
23 915
-
-
Income
129 500
129 500
129 500
129 500
Total tax
63 641
61 433
71 770
65 639
After tax
65 859
68 067
57 730
63 861
Living cost
26 788
26 788
26 788
26 788
Free-cash
39 071
41 279
30 942
37 073

Estimated living cost  is ₽26788 per week

₽16659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
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.
₽6956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58699
₽35254
₽34517
₽47830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 467
social contributions
-
-
-
35 572
solidarity contribution
-
-
-
-
health
-
-
-
17 482
total
-
-
-
64 521
Employee
44 798
-
96 642
-
solidarity contribution
-
-
-
-
social contributions
2 912
-
6 282
-
income
5 376
-
11 597
-
health
6 048
-
13 047
-
total
14 336
-
30 926
-
Employer
44 798
-
96 642
-
health
4 032
-
8 698
-
social contributions
11 199
-
24 160
-
total
15 231
-
32 858
-
Corporate
69 471
129 500
-
-
income
13 200
24 605
-
-
total
13 200
24 605
-
-
Dividends
56 272
104 895
-
-
withholding
8 441
15 734
-
-
total
8 441
15 734
-
-
Income
129 500
129 500
129 500
129 500
Total tax
51 208
40 339
63 784
64 521
After tax
78 292
89 161
65 716
64 979
Living cost
30 462
30 462
30 462
30 462
Free-cash
47 830
58 699
35 254
34 517

Estimated living cost  is ₽30462 per week

₽22654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40469
₽3729
₽33600
₽39977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 180
surtax
-
-
-
-
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
517
health
-
-
-
8 886
pensions
-
-
-
21 492
total
-
-
-
64 174
Employee
43 469
39 629
100 557
-
other
434
396
1 006
-
unemployment
1 304
1 189
3 017
-
pensions
4 452
4 057
10 298
-
income
3 872
2 923
22 696
-
health
1 681
1 534
3 891
-
total
11 743
10 099
40 908
-
Employer
43 469
39 629
100 557
-
chamber of commerce
174
159
402
-
health
1 644
1 498
3 801
-
pensions
5 456
4 974
12 619
-
accident
564
515
1 308
-
unemployment
1 304
1 189
3 017
-
surtax
-
-
-
-
payroll
1 304
1 189
3 017
-
other
2 065
1 881
4 776
-
total
12 511
11 405
28 940
-
Corporate
73 521
78 465
96 785
-
income

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

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

18 380
19 617
24 197
-
total
18 380
19 617
24 197
-
Dividends
55 141
58 848
-
-
withholding
15 163
16 184
-
-
total
15 163
16 184
-
-
Income
129 500
129 500
129 500
129 500
Total tax
57 797
57 305
94 045
64 174
After tax
71 703
72 195
35 455
65 326
Living cost
31 726
31 726
31 726
31 726
Free-cash
39 977
40 469
3 729
33 600

Estimated living cost  is ₽31726 per week

₽19032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110452
₽91027
₽115632
₽108094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 717
-
129 500
-
income
3 144
-
25 900
-
total
3 144
-
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%.

113 783
129 500
-
-
total
-
-
-
-
Dividends
113 783
129 500
-
-
withholding
5 689
6 475
-
-
total
5 689
6 475
-
-
Income
129 500
129 500
129 500
129 500
Total tax
8 833
6 475
25 900
1 295
After tax
120 667
123 025
103 600
128 205
Living cost
12 573
12 573
12 573
12 573
Free-cash
108 094
110 452
91 027
115 632

Estimated living cost  is ₽12573 per week

₽8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62488
₽35298
₽38893
₽54170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 347
unemployment
-
-
-
194
health
-
-
-
12 744
pensions
-
-
-
23 649
total
-
-
-
63 934
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.

43 974
-
112 054
-
unemployment
62
-
157
-
pensions
6 816
-
17 369
-
income
7 583
-
25 319
-
health
2 840
-
7 237
-
total
17 301
-
50 082
-
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.

43 974
-
112 054
-
health
2 929
-
7 462
-
pensions
3 891
-
9 917
-
unemployment
26
-
68
-
total
6 846
-
17 447
-
Corporate
78 680
129 500
-
-
income
14 950
24 604
-
-
total
14 950
24 604
-
-
Dividends
63 730
104 896
-
-
withholding
9 560
15 735
-
-
total
9 560
15 735
-
-
Income
129 500
129 500
129 500
129 500
Total tax
48 657
40 339
67 529
63 934
After tax
80 843
89 161
61 971
65 566
Living cost
26 673
26 673
26 673
26 673
Free-cash
54 170
62 488
35 298
38 893

Estimated living cost  is ₽26673 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35481
₽72989
₽46188
-₽20151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 242
social contributions
-
-
-
14 763
total
-
-
-
40 005
Employee
62 096
-
-
-
social contributions
5 092
-
726
-
income
13 697
-
-
-
total
18 789
-
726
-
Employer
62 096
-
-
-
social contributions
87 555
-
12 478
-
total
87 555
-
12 478
-
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
106 344
50 712
13 204
40 005
After tax
23 156
78 788
116 296
89 495
Living cost
43 307
43 307
43 307
43 307
Free-cash
-20 151
35 481
72 989
46 188

Estimated living cost  is ₽43307 per week

₽28099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42468
₽31274
₽39697
₽41467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 609
surtax
-
-
-
-
social contributions

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

-
-
-
45 002
total
-
-
-
58 611
Employee
45 736
-
104 647
-
surtax
-
-
-
-
social contributions
5 031
-
11 511
-
income
9 513
-
30 670
-
total
14 544
-
42 181
-
Employer
45 736
-
104 647
-
social contributions
10 862
-
24 853
-
total
10 862
-
24 853
-
Corporate
72 902
129 500
-
-
income
15 310
27 195
-
-
surtax
-
-
-
-
total
15 310
27 195
-
-
Dividends
57 592
102 305
-
-
withholding
16 125
28 645
-
-
total
16 125
28 645
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 841
55 840
67 034
58 611
After tax
72 659
73 660
62 466
70 889
Living cost
31 192
31 192
31 192
31 192
Free-cash
41 467
42 468
31 274
39 697

Estimated living cost  is ₽31192 per week

₽23338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17236
₽28252
₽25689
₽24072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 585
other
-
-
-
4 014
surtax
-
-
-
-
social contributions
-
-
-
3 689
health
-
-
-
4 050
pensions
-
-
-
27 443
total
-
-
-
55 781
Employee
62 283
-
102 888
-
pensions
7 045
-
6 044
-
surtax
-
-
-
-
social contributions
1 774
-
2 933
-
income
5 434
-
17 629
-
total
14 253
-
26 606
-
Employer
62 283
-
102 888
-
health
4 359
-
8 208
-
pensions
10 234
-
10 378
-
unemployment
2 523
-
4 167
-
social contributions
187
-
309
-
other
2 149
-
3 550
-
total
19 452
-
26 612
-
Corporate
47 765
129 500
-
-
income
13 374
36 261
-
-
surtax
-
-
-
-
total
13 374
36 261
-
-
Dividends
34 391
93 239
-
-
surtax
-
-
-
-
social contributions
5 916
16 039
-
-
withholding
4 403
11 934
-
-
total
10 319
27 973
-
-
Income
129 500
129 500
129 500
129 500
Total tax
57 398
64 234
53 218
55 781
After tax
72 102
65 266
76 282
73 719
Living cost
48 030
48 030
48 030
48 030
Free-cash
24 072
17 236
28 252
25 689

Estimated living cost  is ₽48030 per week

₽32506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86659
₽70498
₽67055
₽83316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 063
social contributions
-
-
-
28 490
total
-
-
-
32 553
Employee
31 970
-
112 122
-
income
-
-
4 444
-
social contributions
2 078
-
7 288
-
total
2 078
-
11 732
-
Employer
31 970
-
112 122
-
social contributions
4 956
-
17 378
-
total
4 956
-
17 378
-
Corporate
92 575
129 500
-
-
income
9 258
12 949
-
-
total
9 258
12 949
-
-
Dividends
83 316
116 551
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
16 292
12 949
29 110
32 553
After tax
113 208
116 551
100 390
96 947
Living cost
29 892
29 892
29 892
29 892
Free-cash
83 316
86 659
70 498
67 055

Estimated living cost  is ₽29892 per week

₽19328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽87066
-₽87066
₽30966
-₽87066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
10 291
municipal
-
-
-
25 622
national
-
-
-
13 889
pensions
-
-
-
862
total
-
-
-
50 664
Employee
202 050
202 050
202 050
-
municipal
43 025
43 025
43 025
-
labour market
16 141
16 141
16 141
-
pensions
287
287
287
-
national
24 684
24 684
24 684
-
total
84 137
84 137
84 137
-
Employer
202 050
202 050
202 050
-
national
24 727
24 727
24 727
-
labour market
16 164
16 164
16 164
-
pensions
574
574
574
-
municipal
43 094
43 094
43 094
-
total
84 559
84 559
84 559
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
168 696
168 696
168 696
50 664
After tax
-39 196
-39 196
-39 196
78 836
Living cost
47 870
47 870
47 870
47 870
Free-cash
-87 066
-87 066
-87 066
30 966

Estimated living cost  is ₽47870 per week

₽32763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11300
₽46880
₽66908
₽7149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
33 800
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
40 802
Employee
34 277
-
113 739
-
pensions
3 860
-
7 670
-
income
4 702
-
24 376
-
health
3 925
-
13 023
-
total
12 487
-
45 069
-
Employer
34 277
-
113 739
-
pensions
5 573
-
11 075
-
accident
572
-
1 900
-
unemployment
840
-
2 786
-
total
6 985
-
15 761
-
Corporate
88 237
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.

79 413
116 550
-
-
total
79 413
116 550
-
-
Dividends
8 824
12 950
-
-
withholding
1 676
2 460
-
-
total
1 676
2 460
-
-
Income
129 500
129 500
129 500
129 500
Total tax
100 561
119 010
60 830
40 802
After tax
28 939
10 490
68 670
88 698
Living cost
21 790
21 790
21 790
21 790
Free-cash
7 149
-11 300
46 880
66 908

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45630
₽32658
₽50412
₽46147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 580
municipal
-
-
-
23 027
national
-
-
-
16 302
total
-
-
-
40 909
Employee
52 319
-
108 942
-
municipal
8 569
-
17 765
-
unemployment
785
-
1 634
-
pensions
3 531
-
7 354
-
national
864
-
10 090
-
health
391
-
1 262
-
total
14 140
-
38 105
-
Employer
52 319
-
108 942
-
health
402
-
840
-
pensions
9 077
-
18 901
-
accident
53
-
109
-
unemployment
340
-
708
-
total
9 872
-
20 558
-
Corporate
67 310
129 500
-
-
income
13 463
25 901
-
-
total
13 463
25 901
-
-
Dividends

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

40 385
77 700
-
-
municipal
7 269
13 985
-
-
national
430
5 805
-
-
total
7 699
19 790
-
-
Income
129 500
129 500
129 500
129 500
Total tax
45 174
45 691
58 663
40 909
After tax
84 326
83 809
70 837
88 591
Living cost
38 179
38 179
38 179
38 179
Free-cash
46 147
45 630
32 658
50 412

Estimated living cost  is ₽38179 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71598
₽66259
₽67620
₽66185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 464
social contributions
-
-
-
16 090
health
-
-
-
3 302
total
-
-
-
38 856
Employee
76 467
76 467
118 743
-
social contributions
2 891
6 346
8 560
-
income
8 326
7 079
18 881
-
health
593
1 300
2 019
-
total
11 810
14 725
29 460
-
Employer
76 467
76 467
118 743
-
health
644
1 415
2 197
-
social contributions
2 891
6 346
8 560
-
total
3 535
7 761
10 757
-
Corporate
91 132
45 272
-
-
income
11 391
5 659
-
-
total
11 391
5 659
-
-
Dividends
79 742
39 612
-
-
withholding
13 555
6 733
-
-
total
13 555
6 733
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 291
34 878
40 217
38 856
After tax
89 209
94 622
89 283
90 644
Living cost
23 024
23 024
23 024
23 024
Free-cash
66 185
71 598
66 259
67 620

Estimated living cost  is ₽23024 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91451
₽71014
₽90960
₽86393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 799
unemployment
-
-
-
28
health
-
-
-
3 599
pensions
-
-
-
6 326
total
-
-
-
22 752
Employee

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

22 826
-
119 781
-
unemployment
113
-
472
-
pensions
3 423
-
14 153
-
income
1 561
-
10 334
-
health
1 940
-
8 020
-
total
7 037
-
32 979
-
Employer

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

22 826
-
119 781
-
health
981
-
4 057
-
pensions
1 255
-
5 190
-
unemployment
113
-
472
-
total
2 349
-
9 719
-
Corporate
104 325
129 500
-
-
income
9 388
11 655
-
-
total
9 388
11 655
-
-
Dividends
94 937
117 845
-
-
withholding
8 545
10 606
-
-
total
8 545
10 606
-
-
Income
129 500
129 500
129 500
129 500
Total tax
27 319
22 261
42 698
22 752
After tax
102 181
107 239
86 802
106 748
Living cost
15 788
15 788
15 788
15 788
Free-cash
86 393
91 451
71 014
90 960

Estimated living cost  is ₽15788 per week

₽10073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59526
₽40149
₽44931
₽54624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
830
income
-
-
-
29 572
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
57 223
Employee
36 770
-
100 116
-
other
36
-
92
-
unemployment
570
-
1 429
-
pensions
1 729
-
4 333
-
income
7 089
-
26 766
-
total
9 424
-
32 620
-
Employer
36 770
-
100 116
-
pensions
8 677
-
21 753
-
accident
728
-
1 825
-
unemployment
2 023
-
5 069
-
other
294
-
738
-
total
11 722
-
29 385
-
Corporate
81 007
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.

12 151
19 424
-
-
total
12 151
19 424
-
-
Dividends
68 856
110 076
-
-
withholding
14 233
23 204
-
-
total
14 233
23 204
-
-
Income
129 500
129 500
129 500
129 500
Total tax
47 530
42 628
62 005
57 223
After tax
81 970
86 872
67 495
72 277
Living cost
27 346
27 346
27 346
27 346
Free-cash
54 624
59 526
40 149
44 931

Estimated living cost  is ₽27346 per week

₽18458
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.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78871
₽80963
₽81101
₽78554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 025
health
-
-
-
1 024
pensions
-
-
-
1 413
total
-
-
-
46 462
Employee
2 950
-
127 911
-
unemployment
30
-
71
-
pensions
265
-
636
-
income
571
-
43 951
-
health
147
-
353
-
total
1 013
-
45 011
-
Employer
2 950
-
127 911
-
health
280
-
671
-
pensions
324
-
777
-
unemployment
59
-
141
-
total
663
-
1 589
-
Corporate
125 886
129 500
-
-
income
27 695
28 490
-
-
total
27 695
28 490
-
-
Dividends
98 191
101 010
-
-
withholding
19 638
20 202
-
-
total
19 638
20 202
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 009
48 692
46 600
46 462
After tax
80 491
80 808
82 900
83 038
Living cost
1 937
1 937
1 937
1 937
Free-cash
78 554
78 871
80 963
81 101

Estimated living cost  is ₽1937 per week

₽1151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76359
₽56284
₽56284
₽71464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 219
unemployment
-
-
-
1 103
health
-
-
-
7 573
pensions
-
-
-
19 116
total
-
-
-
56 011
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.

25 945
-
116 339
-
unemployment
195
-
551
-
pensions
3 632
-
10 293
-
income
3 576
-
28 219
-
health
1 336
-
3 787
-
total
8 739
-
42 850
-
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.

25 945
-
116 339
-
health
1 336
-
3 787
-
pensions
3 113
-
8 823
-
unemployment
195
-
551
-
total
4 644
-
13 161
-
Corporate
98 911
129 500
-
-
income
14 837
19 425
-
-
total
14 837
19 425
-
-
Dividends
84 075
110 075
-
-
withholding
12 611
16 511
-
-
total
12 611
16 511
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 831
35 936
56 011
56 011
After tax
88 669
93 564
73 489
73 489
Living cost
17 205
17 205
17 205
17 205
Free-cash
71 464
76 359
56 284
56 284

Estimated living cost  is ₽17205 per week

₽11584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
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.
₽3792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46851
₽35657
₽44080
₽46493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 609
surtax
-
-
-
-
social contributions

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

-
-
-
45 002
total
-
-
-
58 611
Employee
38 596
-
104 647
-
surtax
-
-
-
-
social contributions
4 246
-
11 511
-
income
7 541
-
30 670
-
total
11 787
-
42 181
-
Employer
38 596
-
104 647
-
social contributions
9 166
-
24 853
-
total
9 166
-
24 853
-
Corporate
81 738
129 500
-
-
income
17 165
27 195
-
-
surtax
-
-
-
-
total
17 165
27 195
-
-
Dividends
64 573
102 305
-
-
withholding
18 080
28 645
-
-
total
18 080
28 645
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 198
55 840
67 034
58 611
After tax
73 302
73 660
62 466
70 889
Living cost
26 809
26 809
26 809
26 809
Free-cash
46 493
46 851
35 657
44 080

Estimated living cost  is ₽26809 per week

₽18988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51923
₽32546
₽37328
₽44653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
830
income
-
-
-
29 572
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
57 223
Employee
48 026
-
100 116
-
other
47
-
92
-
unemployment
744
-
1 429
-
pensions
2 257
-
4 333
-
income
10 031
-
26 766
-
total
13 079
-
32 620
-
Employer
48 026
-
100 116
-
pensions
11 334
-
21 753
-
accident
951
-
1 825
-
unemployment
2 642
-
5 069
-
other
385
-
738
-
total
15 312
-
29 385
-
Corporate
66 162
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.

9 924
19 424
-
-
total
9 924
19 424
-
-
Dividends
56 237
110 076
-
-
withholding
11 583
23 204
-
-
total
11 583
23 204
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 898
42 628
62 005
57 223
After tax
79 602
86 872
67 495
72 277
Living cost
34 949
34 949
34 949
34 949
Free-cash
44 653
51 923
32 546
37 328

Estimated living cost  is ₽34949 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93616
₽88281
₽83695
₽87557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 425
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
28 699
Employee
22 651
-
122 685
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
pensions

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

1 989
-
3 050
-
income
2 265
-
12 268
-
health
1 042
-
1 598
-
total
5 545
-
17 298
-
Employer
22 651
-
122 685
-
health
1 563
-
2 397
-
pensions

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

2 496
-
3 828
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
208
-
total
4 444
-
6 815
-
Corporate
102 405
129 500
-
-
income
10 240
12 950
-
-
total
10 240
12 950
-
-
Dividends
92 165
116 550
-
-
withholding
4 608
5 828
-
-
total
4 608
5 828
-
-
Income
129 500
129 500
129 500
129 500
Total tax
24 837
18 778
24 113
28 699
After tax
104 663
110 722
105 387
100 801
Living cost
17 106
17 106
17 106
17 106
Free-cash
87 557
93 616
88 281
83 695

Estimated living cost  is ₽17106 per week

₽11314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28332
₽47425
₽35476
₽41338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
34 966
surtax

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

-
-
-
1 923
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.

-
-
-
6 794
trade
-
-
-
11 949
total
-
-
-
55 632
Employee

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

49 479
-
129 500
-
surtax

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

225
-
1 923
-
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.

4 069
-
34 966
-
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.

6 794
-
6 794
-
total
11 088
-
43 683
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 021
129 500
-
-
income
12 004
19 424
-
-
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.

660
1 068
-
-
chamber of commerce
268
342
-
-
trade
11 483
18 582
-
-
total
24 415
39 416
-
-
Dividends
55 606
90 084
-
-
surtax

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

744
1 217
-
-
withholding
13 523
22 143
-
-
total
14 267
23 360
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 770
62 776
43 683
55 632
After tax
79 730
66 724
85 817
73 868
Living cost
38 392
38 392
38 392
38 392
Free-cash
41 338
28 332
47 425
35 476

Estimated living cost  is ₽38392 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34003
₽25340
₽25340
₽36199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 363
social contributions
-
-
-
12 150
total
-
-
-
47 513
Employee
77 786
-
129 500
-
income
14 678
-
35 363
-
social contributions
6 462
-
12 150
-
total
21 140
-
47 513
-
Employer
77 786
-
129 500
-
total
-
-
-
-
Corporate
51 714
129 500
-
-
income
6 463
16 188
-
-
total
6 463
16 188
-
-
Dividends
45 250
113 312
-
-
withholding
9 051
22 662
-
-
total
9 051
22 662
-
-
Income
129 500
129 500
129 500
129 500
Total tax
36 654
38 850
47 513
47 513
After tax
92 846
90 650
81 987
81 987
Living cost
56 647
56 647
56 647
56 647
Free-cash
36 199
34 003
25 340
25 340

Estimated living cost  is ₽56647 per week

₽43096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42823
₽58767
₽59071
₽46297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 307
health

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

-
-
-
6 024
total
-
-
-
34 331
Employee
45 618
-
124 926
-
income
4 950
-
25 487
-
social contributions
4 571
-
4 574
-
total
9 521
-
30 061
-
Employer
45 618
-
124 926
-
social contributions
4 571
-
4 574
-
total
4 571
-
4 574
-
Corporate
79 311
129 500
-
-
income
27 759
45 325
-
-
total
27 759
45 325
-
-
Dividends
51 551
84 175
-
-
social contributions
5 254
5 254
-
-
total
5 254
5 254
-
-
Income
129 500
129 500
129 500
129 500
Total tax
47 105
50 579
34 635
34 331
After tax
82 395
78 921
94 865
95 169
Living cost
36 098
36 098
36 098
36 098
Free-cash
46 297
42 823
58 767
59 071

Estimated living cost  is ₽36098 per week

₽23778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
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.
₽8920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52920
₽40620
₽52584
₽54867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 330
pensions
-
-
-
7 985
total
-
-
-
40 315
Employee
50 240
-
113 532
-
pensions
3 835
-
10 144
-
income
9 149
-
24 353
-
health
655
-
1 817
-
total
13 639
-
36 314
-
Employer
50 240
-
113 532
-
health
955
-
2 157
-
pensions
5 076
-
13 808
-
total
6 031
-
15 965
-
Corporate
73 229
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.

13 913
24 605
-
-
total
13 913
24 605
-
-
Dividends
59 316
104 895
-
-
withholding
4 449
15 374
-
-
total
4 449
15 374
-
-
Income
129 500
129 500
129 500
129 500
Total tax
38 032
39 979
52 279
40 315
After tax
91 468
89 521
77 221
89 185
Living cost
36 601
36 601
36 601
36 601
Free-cash
54 867
52 920
40 620
52 584

Estimated living cost  is ₽36601 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13457
₽44723
₽64751
₽6816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
33 800
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
40 802
Employee
37 670
-
113 739
-
pensions
4 242
-
7 670
-
income
5 168
-
24 376
-
health
4 313
-
13 023
-
total
13 723
-
45 069
-
Employer
37 670
-
113 739
-
pensions
6 125
-
11 075
-
accident
629
-
1 900
-
unemployment
923
-
2 786
-
total
7 677
-
15 761
-
Corporate
84 153
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.

75 738
116 550
-
-
total
75 738
116 550
-
-
Dividends
8 415
12 950
-
-
withholding
1 599
2 460
-
-
total
1 599
2 460
-
-
Income
129 500
129 500
129 500
129 500
Total tax
98 737
119 010
60 830
40 802
After tax
30 763
10 490
68 670
88 698
Living cost
23 947
23 947
23 947
23 947
Free-cash
6 816
-13 457
44 723
64 751

Estimated living cost  is ₽23947 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽95488
₽73410
₽59751
₽90816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 650
unemployment
-
-
-
1 554
work injury
-
-
-
648
health insurance
-
-
-
9 583
pensions
-
-
-
23 828
total
-
-
-
56 263
Employee

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

21 577
-
129 500
-
health insurance
1 597
-
5 908
-
unemployment
259
-
958
-
work injury
108
-
399
-
pensions
3 970
-
14 689
-
income
2 158
-
20 650
-
total
8 092
-
42 604
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 923
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%.

1 079
1 295
-
-
total
1 079
1 295
-
-
Dividends
106 843
128 205
-
-
withholding
16 027
19 231
-
-
total
16 027
19 231
-
-
Income
129 500
129 500
129 500
129 500
Total tax
25 198
20 526
42 604
56 263
After tax
104 302
108 974
86 896
73 237
Living cost
13 486
13 486
13 486
13 486
Free-cash
90 816
95 488
73 410
59 751

Estimated living cost  is ₽13486 per week

₽8355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28594
₽17316
₽23237
₽24074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 308
regional
-
-
-
2 864
municipal
-
-
-
866
national
-
-
-
29 609
total
-
-
-
66 647
Employee
83 797
-
129 500
-
municipal
500
-
772
-
national
14 161
-
25 672
-
regional
1 265
-
2 456
-
social contributions
28 256
-
43 668
-
total
44 182
-
72 568
-
Employer
83 797
-
129 500
-
total
-
-
-
-
Corporate
45 703
129 500
-
-
municipal
2 202
6 243
-
-
nationa
10 968
31 081
-
-
total
13 170
37 324
-
-
Dividends
32 533
92 177
-
-
withholding
8 458
23 966
-
-
total
8 458
23 966
-
-
Income
129 500
129 500
129 500
129 500
Total tax
65 810
61 290
72 568
66 647
After tax
63 690
68 210
56 932
62 853
Living cost
39 616
39 616
39 616
39 616
Free-cash
24 074
28 594
17 316
23 237

Estimated living cost  is ₽39616 per week

₽27827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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