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
₽47028
₽36470
₽56358
₽42950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 408
income

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

-
-
-
35 748
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.

-
-
-
6 520
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.

-
-
-
1 967
total
-
-
-
57 643
Employee

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

36 503
-
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.

56
-
1 967
-
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.

6 520
-
6 520
-
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.

1 020
-
35 748
-
total
7 596
-
44 235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 997
129 500
-
-
trade
14 646
20 397
-
-
income
13 949
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.

768
1 069
-
-
chamber of commerce
279
331
-
-
total
29 642
41 221
-
-
Dividends
63 355
88 279
-
-
withholding
15 476
21 708
-
-
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.

851
1 194
-
-
total
16 327
22 902
-
-
Income
129 500
129 500
129 500
129 500
Total tax
53 565
64 123
44 235
57 643
After tax
75 935
65 377
85 265
71 857
Living cost
28 907
28 907
28 907
28 907
Free-cash
47 028
36 470
56 358
42 950

Estimated living cost  is ₽28907 per week

₽18184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30819
₽31637
₽28991
₽27973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 540
municipal
-
-
-
13 894
national
-
-
-
21 530
total
-
-
-
52 356
Employee
76 224
-
111 952
-
national
14 589
-
22 306
-
municipal
9 415
-
14 395
-
pensions
3 049
-
4 478
-
total
27 053
-
41 179
-
Employer
76 224
-
111 952
-
pensions
6 098
-
8 956
-
social contributions
819
-
1 203
-
total
6 917
-
10 159
-
Corporate
41 328
129 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

8 266
25 900
-
-
total
8 266
25 900
-
-
Dividends
33 062
103 600
-
-
withholding
7 274
22 792
-
-
total
7 274
22 792
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 510
48 692
51 338
52 356
After tax
79 990
80 808
78 162
77 144
Living cost
49 171
49 171
49 171
49 171
Free-cash
30 819
31 637
28 991
27 973

Estimated living cost  is ₽49171 per week

₽33421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4571
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.
₽10443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75917
₽83744
₽52751
₽19769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
129 500
social contributions

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

-
-
-
36 566
income
-
-
-
20 288
microenterprise
-
-
-
-
surtax
-
-
-
33 022
total
-
-
-
89 876
Employee
27 887
-
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.

3 068
-
11 479
-
income
4 964
-
20 275
-
total
8 032
-
31 754
-
Employer
27 887
-
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.

6 717
-
25 140
-
surtax
-
-
-
-
total
6 717
-
25 140
-
Corporate
94 895
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%.

18 979
25 901
-
-
total
18 979
25 901
-
-
Dividends

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

75 917
103 599
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
33 728
25 901
56 894
89 876
After tax
95 772
103 599
72 606
39 624
Living cost
19 855
19 855
19 855
19 855
Free-cash
75 917
83 744
52 751
19 769

Estimated living cost  is ₽19855 per week

₽12667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17713
₽23559
₽35492
₽34200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 369
pensions
-
-
-
11 182
health
-
-
-
11 769
total
-
-
-
55 320
Employee
81 500
81 500
111 764
-
health
12 509
10 640
11 769
-
pensions
14 670
11 182
11 182
-
income

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

13 340
13 340
13 340
-
total
40 519
35 162
36 291
-
Employer
81 500
81 500
111 764
-
pensions
5 672
5 672
7 051
-
unemployment
2 934
2 934
3 646
-
health
5 665
5 665
7 040
-
total
14 271
14 271
17 737
-
Corporate
34 728
33 729
-
-
income
6 946
6 746
-
-
total
6 946
6 746
-
-
Dividends
27 783
26 982
-
-
withholding
4 167
4 048
-
-
income
5 904
5 734
-
-
total
10 071
9 782
-
-
Income
129 500
129 500
129 500
129 500
Total tax
71 807
65 961
54 028
55 320
After tax
57 693
63 539
75 472
74 180
Living cost
39 980
39 980
39 980
39 980
Free-cash
17 713
23 559
35 492
34 200

Estimated living cost  is ₽39980 per week

₽28333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29887
₽30784
₽27787
₽28863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 167
unemployment
-
-
-
88
pensions
-
-
-
9 459
municipal
-
-
-
31 058
accident
-
-
-
175
national
-
-
-
4 307
health
-
-
-
5 460
total
-
-
-
60 714
Employee
56 887
-
102 008
-
national
-
-
3 879
-
municipal
16 964
-
30 419
-
total
16 964
-
34 298
-
Employer
56 887
-
102 008
-
other
6 610
-
10 167
-
accident
114
-
175
-
pensions
6 149
-
9 459
-
unemployment
1 502
-
2 310
-
health
3 499
-
5 381
-
total
17 874
-
27 492
-
Corporate
54 739
129 500
-
-
income
12 043
28 490
-
-
total
12 043
28 490
-
-
Dividends
42 696
101 010
-
-
withholding
12 809
30 303
-
-
total
12 809
30 303
-
-
Income
129 500
129 500
129 500
129 500
Total tax
59 690
58 793
61 790
60 714
After tax
69 810
70 707
67 710
68 786
Living cost
39 923
39 923
39 923
39 923
Free-cash
29 887
30 784
27 787
28 863

Estimated living cost  is ₽39923 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40631
₽27220
₽47773
₽33770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
14 003
income

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

-
-
-
35 748
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.

-
-
-
6 520
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.

-
-
-
1 967
total
-
-
-
58 238
Employee

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

48 398
-
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.

228
-
1 967
-
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.

6 520
-
6 520
-
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.

4 158
-
35 748
-
total
10 906
-
44 235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 102
129 500
-
-
trade
13 341
21 302
-
-
income
12 165
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.

668
1 069
-
-
chamber of commerce
261
330
-
-
total
26 435
42 125
-
-
Dividends
54 667
87 375
-
-
withholding
13 304
21 482
-
-
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.

732
1 181
-
-
total
14 036
22 663
-
-
Income
129 500
129 500
129 500
129 500
Total tax
51 377
64 788
44 235
58 238
After tax
78 123
64 712
85 265
71 262
Living cost
37 492
37 492
37 492
37 492
Free-cash
40 631
27 220
47 773
33 770

Estimated living cost  is ₽37492 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59684
₽63641
₽58248
₽59491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
15 442
income
-
-
-
20 310
health
-
-
-
3 302
total
-
-
-
39 054
Employee
73 387
73 387
119 083
-
health
730
1 248
2 025
-
social contributions
3 566
6 091
8 215
-
income
7 706
6 793
19 640
-
total
12 002
14 132
29 880
-
Employer
73 387
73 387
119 083
-
social contributions
3 566
6 091
8 215
-
health
795
1 358
2 202
-
total
4 361
7 449
10 417
-
Corporate
82 181
48 664
-
-
income
10 273
6 084
-
-
total
10 273
6 084
-
-
Dividends
71 909
42 580
-
-
withholding
12 225
7 239
-
-
total
12 225
7 239
-
-
Income
129 500
129 500
129 500
129 500
Total tax
38 861
34 904
40 297
39 054
After tax
90 639
94 596
89 203
90 446
Living cost
30 955
30 955
30 955
30 955
Free-cash
59 684
63 641
58 248
59 491

Estimated living cost  is ₽30955 per week

₽21161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55445
₽55077
₽57312
₽71952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 943
income
-
-
-
15 831
pensions
-
-
-
12 950
health
-
-
-
9 065
total
-
-
-
39 789
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.

25 636
10 203
108 368
-
unemployment
385
153
1 626
-
health
1 795
714
7 586
-
pensions
2 564
1 020
10 837
-
income
3 134
1 247
13 248
-
total
7 878
3 134
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.

25 636
10 203
108 368
-
pensions
4 999
1 990
21 132
-
total
4 999
1 990
21 132
-
Corporate
98 865
117 308
-
-
income
8 898
10 558
-
-
total
8 898
10 558
-
-
Dividends
89 967
106 750
-
-
withholding
17 094
20 282
-
-
social contributions
17 427
20 700
-
-
total
34 521
40 982
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 296
56 664
54 429
39 789
After tax
73 204
72 836
75 071
89 711
Living cost
17 760
17 760
17 760
17 760
Free-cash
55 445
55 077
57 312
71 952

Estimated living cost  is ₽17760 per week

₽12119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74620
₽80547
₽51590
₽46361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 901
health
-
-
-
16 834
total
-
-
-
60 087
Employee
27 074
-
96 786
-
unemployment
433
-
1 548
-
pensions
542
-
1 936
-
income
3 048
-
18 660
-
total
4 023
-
22 144
-
Employer
27 074
-
96 786
-
pensions
5 415
-
19 357
-
unemployment
217
-
775
-
health
3 519
-
12 582
-
total
9 151
-
32 714
-
Corporate
93 274
129 500
-
-
income
18 654
25 901
-
-
total
18 654
25 901
-
-
Dividends
74 620
103 599
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
31 828
25 901
54 858
60 087
After tax
97 672
103 599
74 642
69 413
Living cost
23 052
23 052
23 052
23 052
Free-cash
74 620
80 547
51 590
46 361

Estimated living cost  is ₽23052 per week

₽15811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7194
-₽10984
₽47378
₽67207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
34 022
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
40 820
Employee
33 778
-
114 048
-
health
3 868
-
13 058
-
pensions
3 804
-
7 447
-
income
4 634
-
24 692
-
total
12 306
-
45 197
-
Employer
33 778
-
114 048
-
accident
564
-
1 905
-
pensions
5 493
-
10 753
-
unemployment
828
-
2 794
-
total
6 885
-
15 452
-
Corporate
88 838
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.

79 954
116 550
-
-
total
79 954
116 550
-
-
Dividends
8 884
12 950
-
-
withholding
1 688
2 461
-
-
total
1 688
2 461
-
-
Income
129 500
129 500
129 500
129 500
Total tax
100 833
119 011
60 649
40 820
After tax
28 667
10 489
68 851
88 680
Living cost
21 473
21 473
21 473
21 473
Free-cash
7 194
-10 984
47 378
67 207

Estimated living cost  is ₽21473 per week

₽15738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113727
₽115195
₽95770
₽120375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
129 500
microenterprise

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

-
-
-
1 295
total
-
-
-
1 295
Employee
9 788
-
129 500
-
income
1 957
-
25 900
-
total
1 957
-
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%.

119 712
129 500
-
-
total
-
-
-
-
Dividends
119 712
129 500
-
-
withholding
5 986
6 475
-
-
total
5 986
6 475
-
-
Income
129 500
129 500
129 500
129 500
Total tax
7 943
6 475
25 900
1 295
After tax
121 557
123 025
103 600
128 205
Living cost
7 830
7 830
7 830
7 830
Free-cash
113 727
115 195
95 770
120 375

Estimated living cost  is ₽7830 per week

₽4853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63270
₽69713
₽48892
₽43537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 151
income
-
-
-
17 604
pensions

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

-
-
-
31 080
health
-
-
-
5 698
total
-
-
-
60 533
Employee
34 652
-
103 433
-
unemployment
346
-
1 034
-
health
485
-
1 449
-
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.

2 425
-
7 239
-
income
5 966
-
19 390
-
total
9 222
-
29 112
-
Employer
34 652
-
103 433
-
other
1 733
-
5 173
-
accident
277
-
828
-
pensions

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

5 892
-
17 582
-
unemployment
346
-
1 034
-
health
485
-
1 449
-
total
8 733
-
26 066
-
Corporate
86 114
129 500
-
-
income
18 084
27 196
-
-
total
18 084
27 196
-
-
Dividends
68 031
102 304
-
-
withholding
4 761
7 161
-
-
total
4 761
7 161
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 800
34 357
55 178
60 533
After tax
88 700
95 143
74 322
68 967
Living cost
25 430
25 430
25 430
25 430
Free-cash
63 270
69 713
48 892
43 537

Estimated living cost  is ₽25430 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
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.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20460
₽25325
₽13262
₽25194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 995
pensions
-
-
-
7 790
total
-
-
-
40 785
Employee
89 873
-
113 475
-
health
1 481
-
1 793
-
pensions
8 670
-
9 857
-
income
16 201
-
25 042
-
total
26 352
-
36 692
-
Employer
89 873
-
113 475
-
pensions
10 611
-
13 868
-
health
1 707
-
2 157
-
total
12 318
-
16 025
-
Corporate
27 309
129 500
-
-
income

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

5 190
24 605
-
-
total
5 190
24 605
-
-
Dividends
22 119
104 895
-
-
withholding
1 659
16 049
-
-
total
1 659
16 049
-
-
Income
129 500
129 500
129 500
129 500
Total tax
45 519
40 654
52 717
40 785
After tax
83 981
88 846
76 783
88 715
Living cost
63 521
63 521
63 521
63 521
Free-cash
20 460
25 325
13 262
25 194

Estimated living cost  is ₽63521 per week

₽47598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7463
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.
₽7944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽93725
₽98172
₽93252
₽88596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
134
income
-
-
-
19 425
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
28 353
Employee
16 619
-
122 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
12 294
-
total
4 068
-
17 136
-
Employer
16 619
-
122 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 685
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 561
-
Corporate
109 620
129 500
-
-
income
10 962
12 950
-
-
total
10 962
12 950
-
-
Dividends
98 658
116 550
-
-
withholding
4 933
5 827
-
-
total
4 933
5 827
-
-
Income
129 500
129 500
129 500
129 500
Total tax
23 224
18 777
23 697
28 353
After tax
106 276
110 723
105 803
101 147
Living cost
12 551
12 551
12 551
12 551
Free-cash
93 725
98 172
93 252
88 596

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13016
₽10617
₽22550
₽21258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 369
pensions
-
-
-
11 182
health
-
-
-
11 769
total
-
-
-
55 320
Employee
88 483
81 500
111 764
-
health
11 039
10 640
11 769
-
pensions
11 182
11 182
11 182
-
income

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

13 340
13 340
13 340
-
total
35 561
35 162
36 291
-
Employer
88 483
81 500
111 764
-
pensions
6 158
5 672
7 051
-
unemployment
3 186
2 934
3 646
-
health
6 149
5 665
7 040
-
total
15 493
14 271
17 737
-
Corporate
25 525
33 729
-
-
income
5 106
6 746
-
-
total
5 106
6 746
-
-
Dividends
20 420
26 982
-
-
withholding
3 063
4 048
-
-
income
4 339
5 734
-
-
total
7 402
9 782
-
-
Income
129 500
129 500
129 500
129 500
Total tax
63 562
65 961
54 028
55 320
After tax
65 938
63 539
75 472
74 180
Living cost
52 922
52 922
52 922
52 922
Free-cash
13 016
10 617
22 550
21 258

Estimated living cost  is ₽52922 per week

₽39038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56781
₽65295
₽41850
₽42158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 342
income
-
-
-
11 651
health
-
-
-
17 483
solidarity contribution
-
-
-
-
total
-
-
-
63 476
Employee
35 096
-
96 642
-
solidarity contribution
-
-
-
-
health
4 738
-
13 047
-
social contributions
2 281
-
6 282
-
income
4 212
-
11 597
-
total
11 231
-
30 926
-
Employer
35 096
-
96 642
-
social contributions
8 774
-
24 160
-
health
3 159
-
8 698
-
total
11 933
-
32 858
-
Corporate
82 471
129 500
-
-
income
15 669
24 605
-
-
total
15 669
24 605
-
-
Dividends
66 801
104 895
-
-
withholding
10 020
15 734
-
-
total
10 020
15 734
-
-
Income
129 500
129 500
129 500
129 500
Total tax
48 853
40 339
63 784
63 476
After tax
80 647
89 161
65 716
66 024
Living cost
23 866
23 866
23 866
23 866
Free-cash
56 781
65 295
41 850
42 158

Estimated living cost  is ₽23866 per week

₽16577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23840
₽28822
₽17613
₽23773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
regional
-
-
-
1 489
social contributions
-
-
-
33 308
municipal
-
-
-
770
national
-
-
-
29 889
total
-
-
-
65 456
Employee
84 819
-
129 500
-
national
14 697
-
25 951
-
regional
800
-
1 311
-
municipal
449
-
686
-
social contributions
28 601
-
43 668
-
total
44 547
-
71 616
-
Employer
84 819
-
129 500
-
total
-
-
-
-
Corporate
44 681
129 500
-
-
nationa
10 724
31 080
-
-
municipal
1 742
5 051
-
-
total
12 466
36 131
-
-
Dividends
32 215
93 368
-
-
withholding
8 376
24 276
-
-
total
8 376
24 276
-
-
Income
129 500
129 500
129 500
129 500
Total tax
65 389
60 407
71 616
65 456
After tax
64 111
69 093
57 884
64 044
Living cost
40 271
40 271
40 271
40 271
Free-cash
23 840
28 822
17 613
23 773

Estimated living cost  is ₽40271 per week

₽28072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57427
₽60395
₽37970
₽40388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
29 242
pensions
-
-
-
25 475
health
-
-
-
9 043
surtax
-
-
-
4 075
total
-
-
-
68 052
Employee
31 561
-
106 981
-
surtax
103
-
3 693
-
unemployment
2 197
-
7 445
-
other
-
-
-
-
health
806
-
2 728
-
pensions
2 105
-
7 136
-
income
5 290
-
26 949
-
total
10 501
-
47 951
-
Employer
31 561
-
106 981
-
other
-
-
-
-
pensions
4 207
-
14 261
-
unemployment
1 000
-
3 390
-
health
1 436
-
4 868
-
total
6 643
-
22 519
-
Corporate
91 296
129 500
-
-
income
23 736
33 670
-
-
total
23 736
33 670
-
-
Dividends
67 560
95 830
-
-
withholding
10 133
14 375
-
-
total
10 133
14 375
-
-
Income
129 500
129 500
129 500
129 500
Total tax
51 013
48 045
70 470
68 052
After tax
78 487
81 455
59 030
61 448
Living cost
21 060
21 060
21 060
21 060
Free-cash
57 427
60 395
37 970
40 388

Estimated living cost  is ₽21060 per week

₽12877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
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.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46159
₽45450
₽33387
₽45319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 995
pensions
-
-
-
7 790
total
-
-
-
40 785
Employee
60 231
-
113 475
-
health
874
-
1 793
-
pensions
5 112
-
9 857
-
income
10 848
-
25 042
-
total
16 834
-
36 692
-
Employer
60 231
-
113 475
-
pensions
6 520
-
13 868
-
health
1 144
-
2 157
-
total
7 664
-
16 025
-
Corporate
61 605
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.

11 705
24 605
-
-
total
11 705
24 605
-
-
Dividends
49 900
104 895
-
-
withholding
3 742
16 049
-
-
total
3 742
16 049
-
-
Income
129 500
129 500
129 500
129 500
Total tax
39 945
40 654
52 717
40 785
After tax
89 555
88 846
76 783
88 715
Living cost
43 396
43 396
43 396
43 396
Free-cash
46 159
45 450
33 387
45 319

Estimated living cost  is ₽43396 per week

₽32512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15844
-₽16590
₽24501
₽30853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 365
regional
-
-
-
5 333
pensions
-
-
-
11 914
national
-
-
-
1 348
health
-
-
-
292
total
-
-
-
22 841
Employee
88 713
-
115 908
-
national
420
-
1 059
-
unemployment
-
-
-
-
city
952
-
1 246
-
regional
2 905
-
4 573
-
health
201
-
261
-
pensions
7 453
-
9 737
-
total
11 931
-
16 876
-
Employer
88 713
-
115 908
-
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.

1 774
-
2 319
-
pensions
7 453
-
9 737
-
unemployment
-
-
-
-
health
201
-
261
-
total
9 428
-
12 317
-
Corporate
30 385
129 500
-
-
regional
6 427
27 390
-
-
national
2 584
11 008
-
-
total
9 011
38 398
-
-
Dividends
21 374
91 102
-
-
withholding
7 480
31 886
-
-
total
7 480
31 886
-
-
Income
129 500
129 500
129 500
129 500
Total tax
37 850
70 284
29 193
22 841
After tax
91 650
59 216
100 307
106 659
Living cost
75 806
75 806
75 806
75 806
Free-cash
15 844
-16 590
24 501
30 853

Estimated living cost  is ₽75806 per week

₽49296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35803
₽20326
₽41545
₽26946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
14 599
income

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

-
-
-
35 748
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.

-
-
-
6 520
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.

-
-
-
1 967
total
-
-
-
58 834
Employee

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

57 356
-
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.

371
-
1 967
-
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.

6 520
-
6 520
-
income

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

6 745
-
35 748
-
total
13 636
-
44 235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 144
129 500
-
-
trade
12 373
22 210
-
-
income
10 821
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.

596
1 069
-
-
chamber of commerce
246
328
-
-
total
24 036
43 031
-
-
Dividends
48 107
86 470
-
-
withholding
11 664
21 255
-
-
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.

641
1 168
-
-
total
12 305
22 423
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 977
65 454
44 235
58 834
After tax
79 523
64 046
85 265
70 666
Living cost
43 720
43 720
43 720
43 720
Free-cash
35 803
20 326
41 545
26 946

Estimated living cost  is ₽43720 per week

₽31932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽38251
₽32617
₽42840
₽40950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 015
social contributions
-
-
-
3 689
income
-
-
-
17 151
pensions
-
-
-
26 772
health
-
-
-
4 271
surtax
-
-
-
-
total
-
-
-
55 898
Employee
40 846
-
102 504
-
surtax
-
-
-
-
pensions
4 618
-
6 183
-
social contributions
1 165
-
2 921
-
income
2 411
-
17 906
-
total
8 194
-
27 010
-
Employer
40 846
-
102 504
-
other
1 409
-
3 596
-
pensions
6 710
-
10 576
-
unemployment
1 654
-
4 151
-
social contributions
123
-
308
-
health
2 860
-
8 367
-
total
12 756
-
26 998
-
Corporate
75 899
129 500
-
-
income
21 252
36 260
-
-
surtax
-
-
-
-
total
21 252
36 260
-
-
Dividends
54 647
93 240
-
-
withholding
6 995
11 935
-
-
social contributions
9 400
16 036
-
-
surtax
-
-
-
-
total
16 395
27 971
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 597
64 231
54 008
55 898
After tax
70 903
65 269
75 492
73 602
Living cost
32 652
32 652
32 652
32 652
Free-cash
38 251
32 617
42 840
40 950

Estimated living cost  is ₽32652 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41153
₽35852
₽46075
₽44185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 015
social contributions
-
-
-
3 689
income
-
-
-
17 151
pensions
-
-
-
26 772
health
-
-
-
4 271
surtax
-
-
-
-
total
-
-
-
55 898
Employee
36 461
-
102 504
-
surtax
-
-
-
-
pensions
4 124
-
6 183
-
social contributions
1 040
-
2 921
-
income
1 880
-
17 906
-
total
7 044
-
27 010
-
Employer
36 461
-
102 504
-
other
1 259
-
3 596
-
pensions
5 991
-
10 576
-
unemployment
1 476
-
4 151
-
social contributions
109
-
308
-
health
2 552
-
8 367
-
total
11 387
-
26 998
-
Corporate
81 653
129 500
-
-
income
22 863
36 260
-
-
surtax
-
-
-
-
total
22 863
36 260
-
-
Dividends
58 789
93 240
-
-
withholding
7 525
11 935
-
-
social contributions
10 111
16 036
-
-
surtax
-
-
-
-
total
17 636
27 971
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 930
64 231
54 008
55 898
After tax
70 570
65 269
75 492
73 602
Living cost
29 417
29 417
29 417
29 417
Free-cash
41 153
35 852
46 075
44 185

Estimated living cost  is ₽29417 per week

₽17061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59265
₽58772
₽61392
₽62930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 870
income
-
-
-
19 424
health
-
-
-
9 039
total
-
-
-
46 333
Employee
32 359
-
129 500
-
health
2 258
-
9 039
-
social contributions
4 466
-
17 870
-
income
5 397
-
20 962
-
total
12 121
-
47 871
-
Employer
32 359
-
129 500
-
total
-
-
-
-
Corporate
97 141
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%.

4 857
6 475
-
-
total
4 857
6 475
-
-
Dividends
92 284
123 025
-
-
health
6 442
8 586
-
-
withholding
13 842
18 453
-
-
social contributions
12 736
16 977
-
-
total
33 020
44 016
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 998
50 491
47 871
46 333
After tax
79 502
79 009
81 629
83 167
Living cost
20 237
20 237
20 237
20 237
Free-cash
59 265
58 772
61 392
62 930

Estimated living cost  is ₽20237 per week

₽13543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36914
₽38394
₽1276
₽31878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
518
unemployment
-
-
-
5 854
income
-
-
-
28 277
pensions
-
-
-
20 627
health
-
-
-
8 529
surtax
-
-
-
188
total
-
-
-
63 993
Employee
47 695
38 033
100 414
-
unemployment
1 431
1 141
3 012
-
other
476
380
1 003
-
health
1 846
1 472
3 887
-
pensions
4 885
3 894
10 282
-
income
5 430
2 805
23 126
-
total
14 068
9 692
41 310
-
Employer
47 695
38 033
100 414
-
payroll
1 431
1 141
3 012
-
other
2 266
1 806
4 769
-
accident
619
494
1 306
-
pensions
5 986
4 774
12 602
-
unemployment
1 431
1 141
3 012
-
chamber of commerce
190
152
402
-
surtax
188
188
188
-
health
1 802
1 438
3 796
-
total
13 913
11 134
29 087
-
Corporate
67 892
80 332
96 791
-
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.

16 974
20 083
24 198
-
total
16 974
20 083
24 198
-
Dividends
50 918
60 249
-
-
withholding
14 002
16 568
-
-
total
14 002
16 568
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 957
57 477
94 595
63 993
After tax
70 543
72 023
34 905
65 507
Living cost
33 629
33 629
33 629
33 629
Free-cash
36 914
38 394
1 276
31 878

Estimated living cost  is ₽33629 per week

₽22429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2869
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.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23393
₽37706
₽12951
₽22575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
20 432
national
-
-
-
45 151
communal

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

-
-
-
6 544
total
-
-
-
72 127
Employee

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

68 267
-
100 301
-
national
20 988
-
34 212
-
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.

594
-
873
-
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.

3 207
-
4 714
-
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.

5 120
-
7 523
-
communal

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

3 561
-
5 232
-
total
33 470
-
52 554
-
Employer

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

68 267
-
100 301
-
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.

887
-
1 304
-
pensions

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

6 049
-
8 887
-
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.

996
-
1 465
-
surtax
7 741
-
11 374
-
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.

4 198
-
6 167
-
total
19 871
-
29 197
-
Corporate
41 361
129 500
-
-
income
8 273
25 901
-
-
surtax
165
518
-
-
total
8 438
26 419
-
-
Dividends
32 923
103 081
-
-
withholding

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

9 530
30 577
-
-
total
9 530
30 577
-
-
Income
129 500
129 500
129 500
129 500
Total tax
71 309
56 996
81 751
72 127
After tax
58 191
72 504
47 749
57 373
Living cost
34 798
34 798
34 798
34 798
Free-cash
23 393
37 706
12 951
22 575

Estimated living cost  is ₽34798 per week

₽22414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45105
₽52320
₽33597
₽38183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
30 312
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
56 850
Employee
47 506
-
101 299
-
unemployment
737
-
1 371
-
other
47
-
89
-
pensions
2 233
-
4 158
-
income
10 024
-
27 617
-
total
13 041
-
33 235
-
Employer
47 506
-
101 299
-
other
379
-
708
-
accident
940
-
1 751
-
pensions
11 211
-
20 877
-
unemployment
2 613
-
4 865
-
total
15 143
-
28 201
-
Corporate
66 851
129 500
-
-
income

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

10 028
19 424
-
-
total
10 028
19 424
-
-
Dividends
56 823
110 076
-
-
withholding
11 716
23 289
-
-
total
11 716
23 289
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 928
42 713
61 436
56 850
After tax
79 572
86 787
68 064
72 650
Living cost
34 467
34 467
34 467
34 467
Free-cash
45 105
52 320
33 597
38 183

Estimated living cost  is ₽34467 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and 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 Barcelona model

Close
Luxembourg , Luxembourg
₽15817
₽25816
₽21647
₽16484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 946
pensions
-
-
-
19 410
accident
-
-
-
1 092
communal
-
-
-
8 184
health
-
-
-
9 099
surtax
-
-
-
6 420
total
-
-
-
61 151
Employee
72 274
-
115 676
-
surtax
4 430
-
7 089
-
health
3 217
-
5 147
-
pensions
5 781
-
9 255
-
income
6 981
-
20 673
-
total
20 409
-
42 164
-
Employer
72 274
-
115 676
-
accident
650
-
1 041
-
pensions
5 781
-
9 255
-
health
2 204
-
3 528
-
total
8 635
-
13 824
-
Corporate
48 591
129 500
-
-
income
7 288
19 424
-
-
communal
3 280
8 740
-
-
surtax
511
1 360
-
-
total
11 079
29 524
-
-
Dividends
37 512
99 975
-
-
withholding
5 627
14 996
-
-
income
16 068
7 299
-
-
total
21 695
22 295
-
-
Income
129 500
129 500
129 500
129 500
Total tax
61 818
51 819
55 988
61 151
After tax
67 682
77 681
73 512
68 349
Living cost
51 865
51 865
51 865
51 865
Free-cash
15 817
25 816
21 647
16 484

Estimated living cost  is ₽51865 per week

₽38906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56986
₽60019
₽37594
₽40012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
29 242
pensions
-
-
-
25 475
health
-
-
-
9 043
surtax
-
-
-
4 075
total
-
-
-
68 052
Employee
32 140
-
106 981
-
surtax
114
-
3 693
-
unemployment
2 237
-
7 445
-
other
-
-
-
-
health
820
-
2 728
-
pensions
2 144
-
7 136
-
income
5 388
-
26 949
-
total
10 703
-
47 951
-
Employer
32 140
-
106 981
-
other
-
-
-
-
pensions
4 285
-
14 261
-
unemployment
1 020
-
3 390
-
health
1 462
-
4 868
-
total
6 767
-
22 519
-
Corporate
90 594
129 500
-
-
income
23 553
33 670
-
-
total
23 553
33 670
-
-
Dividends
67 040
95 830
-
-
withholding
10 055
14 375
-
-
total
10 055
14 375
-
-
Income
129 500
129 500
129 500
129 500
Total tax
51 078
48 045
70 470
68 052
After tax
78 422
81 455
59 030
61 448
Living cost
21 436
21 436
21 436
21 436
Free-cash
56 986
60 019
37 594
40 012

Estimated living cost  is ₽21436 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1864
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.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40240
₽42358
₽31743
₽37871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
regional
-
-
-
1 953
social contributions
-
-
-
33 308
municipal
-
-
-
770
national
-
-
-
29 889
total
-
-
-
65 920
Employee
52 941
-
129 500
-
national
8 387
-
25 951
-
regional
713
-
1 743
-
municipal
281
-
686
-
social contributions
17 852
-
43 668
-
total
27 233
-
72 048
-
Employer
52 941
-
129 500
-
total
-
-
-
-
Corporate
76 559
129 500
-
-
nationa
18 374
31 080
-
-
municipal
3 805
6 437
-
-
total
22 179
37 517
-
-
Dividends
54 381
91 983
-
-
withholding
14 139
23 916
-
-
total
14 139
23 916
-
-
Income
129 500
129 500
129 500
129 500
Total tax
63 551
61 433
72 048
65 920
After tax
65 949
68 067
57 452
63 580
Living cost
25 709
25 709
25 709
25 709
Free-cash
40 240
42 358
31 743
37 871

Estimated living cost  is ₽25709 per week

₽15988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49261
₽59752
₽36307
₽36615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 342
income
-
-
-
11 651
health
-
-
-
17 483
solidarity contribution
-
-
-
-
total
-
-
-
63 476
Employee
43 248
-
96 642
-
solidarity contribution
-
-
-
-
health
5 838
-
13 047
-
social contributions
2 811
-
6 282
-
income
5 190
-
11 597
-
total
13 839
-
30 926
-
Employer
43 248
-
96 642
-
social contributions
10 812
-
24 160
-
health
3 892
-
8 698
-
total
14 704
-
32 858
-
Corporate
71 548
129 500
-
-
income
13 594
24 605
-
-
total
13 594
24 605
-
-
Dividends
57 954
104 895
-
-
withholding
8 693
15 734
-
-
total
8 693
15 734
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 830
40 339
63 784
63 476
After tax
78 670
89 161
65 716
66 024
Living cost
29 409
29 409
29 409
29 409
Free-cash
49 261
59 752
36 307
36 615

Estimated living cost  is ₽29409 per week

₽21870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41205
₽41676
₽4489
₽35247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
518
unemployment
-
-
-
5 854
income
-
-
-
28 277
pensions
-
-
-
20 627
health
-
-
-
8 529
surtax
-
-
-
-
total
-
-
-
63 805
Employee
41 719
38 033
100 558
-
unemployment
1 251
1 141
3 017
-
other
417
380
1 005
-
health
1 614
1 472
3 892
-
pensions
4 272
3 894
10 298
-
income
3 716
2 805
23 175
-
total
11 270
9 692
41 387
-
Employer
41 719
38 033
100 558
-
payroll
1 251
1 141
3 017
-
other
1 981
1 806
4 776
-
accident
542
494
1 308
-
pensions
5 236
4 774
12 620
-
unemployment
1 251
1 141
3 017
-
chamber of commerce
167
152
402
-
surtax
-
-
-
-
health
1 577
1 438
3 802
-
total
12 005
10 946
28 942
-
Corporate
75 776
80 520
96 936
-
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.

18 944
20 130
24 234
-
total
18 944
20 130
24 234
-
Dividends
56 831
60 390
-
-
withholding
15 628
16 608
-
-
total
15 628
16 608
-
-
Income
129 500
129 500
129 500
129 500
Total tax
57 847
57 376
94 563
63 805
After tax
71 653
72 124
34 937
65 695
Living cost
30 448
30 448
30 448
30 448
Free-cash
41 205
41 676
4 489
35 247

Estimated living cost  is ₽30448 per week

₽18265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108535
₽110823
₽91398
₽116003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 253
-
129 500
-
income
3 051
-
25 900
-
total
3 051
-
25 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

114 247
129 500
-
-
total
-
-
-
-
Dividends
114 247
129 500
-
-
withholding
5 712
6 475
-
-
total
5 712
6 475
-
-
Income
129 500
129 500
129 500
129 500
Total tax
8 763
6 475
25 900
1 295
After tax
120 737
123 025
103 600
128 205
Living cost
12 202
12 202
12 202
12 202
Free-cash
108 535
110 823
91 398
116 003

Estimated living cost  is ₽12202 per week

₽8257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
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.
₽3023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55577
₽63560
₽36177
₽39609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
194
income
-
-
-
27 706
pensions
-
-
-
23 649
health
-
-
-
12 743
total
-
-
-
64 292
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.

42 203
-
112 052
-
unemployment
60
-
158
-
health
2 726
-
7 239
-
pensions
6 542
-
17 369
-
income
7 278
-
25 511
-
total
16 606
-
50 277
-
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.

42 203
-
112 052
-
pensions
3 735
-
9 916
-
unemployment
25
-
67
-
health
2 811
-
7 464
-
total
6 571
-
17 447
-
Corporate
80 727
129 500
-
-
income
15 338
24 606
-
-
total
15 338
24 606
-
-
Dividends
65 388
104 894
-
-
withholding
9 809
15 735
-
-
total
9 809
15 735
-
-
Income
129 500
129 500
129 500
129 500
Total tax
48 324
40 341
67 724
64 292
After tax
81 176
89 159
61 776
65 208
Living cost
25 599
25 599
25 599
25 599
Free-cash
55 577
63 560
36 177
39 609

Estimated living cost  is ₽25599 per week

₽17568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13003
₽37550
₽75689
₽48257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
14 763
income
-
-
-
25 242
total
-
-
-
40 005
Employee
59 130
-
-
-
social contributions
4 849
-
691
-
income
13 043
-
-
-
total
17 892
-
691
-
Employer
59 130
-
-
-
social contributions
83 373
-
11 882
-
total
83 373
-
11 882
-
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
101 265
50 712
12 573
40 005
After tax
28 235
78 788
116 927
89 495
Living cost
41 238
41 238
41 238
41 238
Free-cash
-13 003
37 550
75 689
48 257

Estimated living cost  is ₽41238 per week

₽26757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42764
₽43724
₽32076
₽40725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
129 500
social contributions

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

-
-
-
45 001
income
-
-
-
13 838
surtax
-
-
-
-
total
-
-
-
58 839
Employee
43 894
-
104 646
-
surtax
-
-
-
-
social contributions
4 828
-
11 511
-
income
9 130
-
31 123
-
total
13 958
-
42 634
-
Employer
43 894
-
104 646
-
social contributions
10 425
-
24 854
-
total
10 425
-
24 854
-
Corporate
75 181
129 500
-
-
income
15 787
27 196
-
-
surtax
-
-
-
-
total
15 787
27 196
-
-
Dividends
59 394
102 304
-
-
withholding
16 630
28 644
-
-
total
16 630
28 644
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 800
55 840
67 488
58 839
After tax
72 700
73 660
62 012
70 661
Living cost
29 936
29 936
29 936
29 936
Free-cash
42 764
43 724
32 076
40 725

Estimated living cost  is ₽29936 per week

₽22398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25737
₽19174
₽29397
₽27507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 015
social contributions
-
-
-
3 689
income
-
-
-
17 151
pensions
-
-
-
26 772
health
-
-
-
4 271
surtax
-
-
-
-
total
-
-
-
55 898
Employee
59 774
-
102 504
-
surtax
-
-
-
-
pensions
6 761
-
6 183
-
social contributions
1 702
-
2 921
-
income
5 215
-
17 906
-
total
13 678
-
27 010
-
Employer
59 774
-
102 504
-
other
2 063
-
3 596
-
pensions
9 822
-
10 576
-
unemployment
2 421
-
4 151
-
social contributions
179
-
308
-
health
4 184
-
8 367
-
total
18 669
-
26 998
-
Corporate
51 057
129 500
-
-
income
14 295
36 260
-
-
surtax
-
-
-
-
total
14 295
36 260
-
-
Dividends
36 762
93 240
-
-
withholding
4 705
11 935
-
-
social contributions
6 321
16 036
-
-
surtax
-
-
-
-
total
11 026
27 971
-
-
Income
129 500
129 500
129 500
129 500
Total tax
57 668
64 231
54 008
55 898
After tax
71 832
65 269
75 492
73 602
Living cost
46 095
46 095
46 095
46 095
Free-cash
25 737
19 174
29 397
27 507

Estimated living cost  is ₽46095 per week

₽31196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
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.
₽10495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84655
₽87863
₽71458
₽68018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 305
social contributions
-
-
-
28 489
total
-
-
-
32 794
Employee
30 682
-
112 121
-
social contributions
1 994
-
7 288
-
income
-
-
4 687
-
total
1 994
-
11 975
-
Employer
30 682
-
112 121
-
social contributions
4 756
-
17 379
-
total
4 756
-
17 379
-
Corporate
94 062
129 500
-
-
income
9 407
12 949
-
-
total
9 407
12 949
-
-
Dividends
84 655
116 551
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
16 157
12 949
29 354
32 794
After tax
113 343
116 551
100 146
96 706
Living cost
28 688
28 688
28 688
28 688
Free-cash
84 655
87 863
71 458
68 018

Estimated living cost  is ₽28688 per week

₽18549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽78141
-₽78141
-₽78141
₽32696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
pensions
-
-
-
826
municipal
-
-
-
25 836
labour market
-
-
-
10 294
national
-
-
-
13 951
total
-
-
-
50 907
Employee
193 721
193 721
193 721
-
national
23 667
23 667
23 667
-
municipal
41 252
41 252
41 252
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
total
80 670
80 670
80 670
-
Employer
193 721
193 721
193 721
-
municipal
41 317
41 317
41 317
-
pensions
551
551
551
-
national
23 708
23 708
23 708
-
labour market
15 498
15 498
15 498
-
total
81 074
81 074
81 074
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
161 744
161 744
161 744
50 907
After tax
-32 244
-32 244
-32 244
78 593
Living cost
45 897
45 897
45 897
45 897
Free-cash
-78 141
-78 141
-78 141
32 696

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7244
-₽10667
₽47695
₽67524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
34 022
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
40 820
Employee
33 280
-
114 048
-
health
3 811
-
13 058
-
pensions
3 748
-
7 447
-
income
4 566
-
24 692
-
total
12 125
-
45 197
-
Employer
33 280
-
114 048
-
accident
556
-
1 905
-
pensions
5 411
-
10 753
-
unemployment
816
-
2 794
-
total
6 783
-
15 452
-
Corporate
89 437
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.

80 493
116 550
-
-
total
80 493
116 550
-
-
Dividends
8 944
12 950
-
-
withholding
1 699
2 461
-
-
total
1 699
2 461
-
-
Income
129 500
129 500
129 500
129 500
Total tax
101 100
119 011
60 649
40 820
After tax
28 400
10 489
68 851
88 680
Living cost
21 156
21 156
21 156
21 156
Free-cash
7 244
-10 667
47 695
67 524

Estimated living cost  is ₽21156 per week

₽15399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47710
₽46861
₽33748
₽51504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 023
national
-
-
-
16 736
health
-
-
-
1 596
total
-
-
-
41 355
Employee
50 212
-
108 942
-
national
829
-
10 526
-
unemployment
753
-
1 634
-
health
375
-
1 279
-
municipal
8 224
-
17 762
-
pensions
3 389
-
7 353
-
total
13 570
-
38 554
-
Employer
50 212
-
108 942
-
accident
51
-
109
-
pensions
8 711
-
18 901
-
unemployment
326
-
708
-
health
386
-
839
-
total
9 474
-
20 557
-
Corporate
69 814
129 500
-
-
income
13 964
25 901
-
-
total
13 964
25 901
-
-
Dividends

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

41 888
77 700
-
-
municipal
7 540
13 985
-
-
national
601
6 112
-
-
total
8 141
20 097
-
-
Income
129 500
129 500
129 500
129 500
Total tax
45 149
45 998
59 111
41 355
After tax
84 351
83 502
70 389
88 145
Living cost
36 641
36 641
36 641
36 641
Free-cash
47 710
46 861
33 748
51 504

Estimated living cost  is ₽36641 per week

₽23934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
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.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67306
₽72500
₽67107
₽68350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 442
income
-
-
-
20 310
health
-
-
-
3 302
total
-
-
-
39 054
Employee
73 387
73 387
119 083
-
health
569
1 248
2 025
-
social contributions
2 775
6 091
8 215
-
income
7 991
6 793
19 640
-
total
11 335
14 132
29 880
-
Employer
73 387
73 387
119 083
-
social contributions
2 775
6 091
8 215
-
health
618
1 358
2 202
-
total
3 393
7 449
10 417
-
Corporate
92 677
48 664
-
-
income
11 584
6 084
-
-
total
11 584
6 084
-
-
Dividends
81 094
42 580
-
-
withholding
13 786
7 239
-
-
total
13 786
7 239
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 098
34 904
40 297
39 054
After tax
89 402
94 596
89 203
90 446
Living cost
22 096
22 096
22 096
22 096
Free-cash
67 306
72 500
67 107
68 350

Estimated living cost  is ₽22096 per week

₽13243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87231
₽92087
₽72794
₽91938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
12 857
pensions
-
-
-
6 071
health
-
-
-
3 454
total
-
-
-
22 409
Employee

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

21 906
-
120 173
-
unemployment
109
-
453
-
health
1 862
-
7 697
-
pensions
3 285
-
13 583
-
income
1 498
-
10 492
-
total
6 754
-
32 225
-
Employer

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

21 906
-
120 173
-
pensions
1 204
-
4 981
-
unemployment
109
-
453
-
health
942
-
3 894
-
total
2 255
-
9 328
-
Corporate
105 339
129 500
-
-
income
9 481
11 654
-
-
total
9 481
11 654
-
-
Dividends
95 858
117 846
-
-
withholding
8 626
10 606
-
-
total
8 626
10 606
-
-
Income
129 500
129 500
129 500
129 500
Total tax
27 116
22 260
41 553
22 409
After tax
102 384
107 240
87 947
107 091
Living cost
15 153
15 153
15 153
15 153
Free-cash
87 231
92 087
72 794
91 938

Estimated living cost  is ₽15153 per week

₽9668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55928
₽60543
₽41820
₽46406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
30 312
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
56 850
Employee
35 289
-
101 299
-
unemployment
547
-
1 371
-
other
34
-
89
-
pensions
1 659
-
4 158
-
income
6 803
-
27 617
-
total
9 043
-
33 235
-
Employer
35 289
-
101 299
-
other
283
-
708
-
accident
699
-
1 751
-
pensions
8 327
-
20 877
-
unemployment
1 942
-
4 865
-
total
11 251
-
28 201
-
Corporate
82 960
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.

12 444
19 424
-
-
total
12 444
19 424
-
-
Dividends
70 516
110 076
-
-
withholding
14 590
23 289
-
-
total
14 590
23 289
-
-
Income
129 500
129 500
129 500
129 500
Total tax
47 328
42 713
61 436
56 850
After tax
82 172
86 787
68 064
72 650
Living cost
26 244
26 244
26 244
26 244
Free-cash
55 928
60 543
41 820
46 406

Estimated living cost  is ₽26244 per week

₽17714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78710
₽79007
₽81189
₽81316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 116
pensions
-
-
-
1 314
health
-
-
-
953
total
-
-
-
46 383
Employee
2 743
-
128 022
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
44 047
-
total
942
-
45 032
-
Employer
2 743
-
128 022
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
126 139
129 500
-
-
income
27 751
28 490
-
-
total
27 751
28 490
-
-
Dividends
98 389
101 010
-
-
withholding
19 678
20 202
-
-
total
19 678
20 202
-
-
Income
129 500
129 500
129 500
129 500
Total tax
48 989
48 692
46 510
46 383
After tax
80 511
80 808
82 990
83 117
Living cost
1 801
1 801
1 801
1 801
Free-cash
78 710
79 007
81 189
81 316

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72388
₽77077
₽57990
₽57988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 057
income
-
-
-
28 393
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
55 025
Employee

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

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

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

24 861
-
116 889
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
28 393
-
total
8 374
-
42 413
-
Employer

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

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

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

24 861
-
116 889
-
pensions
2 983
-
8 454
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 610
-
Corporate
100 189
129 500
-
-
income
15 028
19 425
-
-
total
15 028
19 425
-
-
Dividends
85 161
110 075
-
-
withholding
12 774
16 511
-
-
total
12 774
16 511
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 625
35 936
55 023
55 025
After tax
88 875
93 564
74 477
74 475
Living cost
16 487
16 487
16 487
16 487
Free-cash
72 388
77 077
57 990
57 988

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47585
₽47931
₽36283
₽44932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
129 500
social contributions

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

-
-
-
45 001
income
-
-
-
13 838
surtax
-
-
-
-
total
-
-
-
58 839
Employee
37 041
-
104 646
-
surtax
-
-
-
-
social contributions
4 075
-
11 511
-
income
7 238
-
31 123
-
total
11 313
-
42 634
-
Employer
37 041
-
104 646
-
social contributions
8 797
-
24 854
-
total
8 797
-
24 854
-
Corporate
83 662
129 500
-
-
income
17 570
27 196
-
-
surtax
-
-
-
-
total
17 570
27 196
-
-
Dividends
66 092
102 304
-
-
withholding
18 506
28 644
-
-
total
18 506
28 644
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 186
55 840
67 488
58 839
After tax
73 314
73 660
62 012
70 661
Living cost
25 729
25 729
25 729
25 729
Free-cash
47 585
47 931
36 283
44 932

Estimated living cost  is ₽25729 per week

₽18223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46357
₽53246
₽34523
₽39109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
30 312
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
56 850
Employee
46 092
-
101 299
-
unemployment
714
-
1 371
-
other
45
-
89
-
pensions
2 166
-
4 158
-
income
9 627
-
27 617
-
total
12 552
-
33 235
-
Employer
46 092
-
101 299
-
other
369
-
708
-
accident
913
-
1 751
-
pensions
10 878
-
20 877
-
unemployment
2 536
-
4 865
-
total
14 696
-
28 201
-
Corporate
68 713
129 500
-
-
income

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

10 307
19 424
-
-
total
10 307
19 424
-
-
Dividends
58 406
110 076
-
-
withholding
12 047
23 289
-
-
total
12 047
23 289
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 602
42 713
61 436
56 850
After tax
79 898
86 787
68 064
72 650
Living cost
33 541
33 541
33 541
33 541
Free-cash
46 357
53 246
34 523
39 109

Estimated living cost  is ₽33541 per week

₽24088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88422
₽94256
₽89336
₽84680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
134
income
-
-
-
19 425
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
28 353
Employee
21 805
-
122 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
12 294
-
total
5 338
-
17 136
-
Employer
21 805
-
122 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 685
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 561
-
Corporate
103 417
129 500
-
-
income
10 341
12 950
-
-
total
10 341
12 950
-
-
Dividends
93 076
116 550
-
-
withholding
4 653
5 827
-
-
total
4 653
5 827
-
-
Income
129 500
129 500
129 500
129 500
Total tax
24 611
18 777
23 697
28 353
After tax
104 889
110 723
105 803
101 147
Living cost
16 467
16 467
16 467
16 467
Free-cash
88 422
94 256
89 336
84 680

Estimated living cost  is ₽16467 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42348
₽29864
₽48419
₽36203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
12 216
income

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

-
-
-
35 748
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.

-
-
-
6 520
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.

-
-
-
1 967
total
-
-
-
56 451
Employee

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

47 486
-
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.

216
-
1 967
-
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.

6 520
-
6 520
-
income

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

3 905
-
35 748
-
total
10 641
-
44 235
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 014
129 500
-
-
trade
11 769
18 584
-
-
income
12 303
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.

677
1 069
-
-
chamber of commerce
264
335
-
-
total
25 013
39 412
-
-
Dividends
57 001
90 088
-
-
withholding
13 888
22 159
-
-
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.

764
1 219
-
-
total
14 652
23 378
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 306
62 790
44 235
56 451
After tax
79 194
66 710
85 265
73 049
Living cost
36 846
36 846
36 846
36 846
Free-cash
42 348
29 864
48 419
36 203

Estimated living cost  is ₽36846 per week

₽25417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38392
₽36285
₽18400
₽18400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
20 710
income
-
-
-
36 025
total
-
-
-
56 735
Employee
74 653
-
129 500
-
social contributions
6 202
-
20 710
-
income
14 087
-
36 025
-
total
20 289
-
56 735
-
Employer
74 653
-
129 500
-
total
-
-
-
-
Corporate
54 847
129 500
-
-
income
6 855
16 188
-
-
total
6 855
16 188
-
-
Dividends
47 991
113 312
-
-
withholding
9 599
22 662
-
-
total
9 599
22 662
-
-
Income
129 500
129 500
129 500
129 500
Total tax
36 743
38 850
56 735
56 735
After tax
92 757
90 650
72 765
72 765
Living cost
54 365
54 365
54 365
54 365
Free-cash
38 392
36 285
18 400
18 400

Estimated living cost  is ₽54365 per week

₽41360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47822
₽44489
₽59790
₽61864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 825
income
-
-
-
27 167
total
-
-
-
32 992
Employee
43 781
-
125 110
-
social contributions
4 387
-
4 390
-
income
4 751
-
26 286
-
total
9 138
-
30 676
-
Employer
43 781
-
125 110
-
social contributions
4 387
-
4 390
-
total
4 387
-
4 390
-
Corporate
81 332
129 500
-
-
income
28 467
45 325
-
-
total
28 467
45 325
-
-
Dividends
52 865
84 175
-
-
social contributions
5 042
5 042
-
-
total
5 042
5 042
-
-
Income
129 500
129 500
129 500
129 500
Total tax
47 034
50 367
35 066
32 992
After tax
82 466
79 133
94 434
96 508
Living cost
34 644
34 644
34 644
34 644
Free-cash
47 822
44 489
59 790
61 864

Estimated living cost  is ₽34644 per week

₽22820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56388
₽53566
₽41503
₽53435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 995
pensions
-
-
-
7 790
total
-
-
-
40 785
Employee
48 426
-
113 475
-
health
632
-
1 793
-
pensions
3 696
-
9 857
-
income
8 819
-
25 042
-
total
13 147
-
36 692
-
Employer
48 426
-
113 475
-
pensions
4 893
-
13 868
-
health
920
-
2 157
-
total
5 813
-
16 025
-
Corporate
75 261
129 500
-
-
income

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

14 299
24 605
-
-
total
14 299
24 605
-
-
Dividends
60 962
104 895
-
-
withholding
4 573
16 049
-
-
total
4 573
16 049
-
-
Income
129 500
129 500
129 500
129 500
Total tax
37 832
40 654
52 717
40 785
After tax
91 668
88 846
76 783
88 715
Living cost
35 280
35 280
35 280
35 280
Free-cash
56 388
53 566
41 503
53 435

Estimated living cost  is ₽35280 per week

₽24202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6922
-₽12762
₽45600
₽65429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
34 022
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
40 820
Employee
36 575
-
114 048
-
health
4 188
-
13 058
-
pensions
4 118
-
7 447
-
income
5 018
-
24 692
-
total
13 324
-
45 197
-
Employer
36 575
-
114 048
-
accident
611
-
1 905
-
pensions
5 947
-
10 753
-
unemployment
896
-
2 794
-
total
7 454
-
15 452
-
Corporate
85 472
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.

76 925
116 550
-
-
total
76 925
116 550
-
-
Dividends
8 547
12 950
-
-
withholding
1 624
2 461
-
-
total
1 624
2 461
-
-
Income
129 500
129 500
129 500
129 500
Total tax
99 327
119 011
60 649
40 820
After tax
30 173
10 489
68 851
88 680
Living cost
23 251
23 251
23 251
23 251
Free-cash
6 922
-12 762
45 600
65 429

Estimated living cost  is ₽23251 per week

₽17064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽91626
₽96089
₽74871
₽60234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 554
income
-
-
-
20 769
pensions
-
-
-
23 828
health insurance
-
-
-
9 583
work injury
-
-
-
647
total
-
-
-
56 381
Employee

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

20 616
-
129 500
-
health insurance
1 526
-
5 644
-
unemployment
247
-
915
-
work injury
103
-
381
-
pensions
3 793
-
14 035
-
income
2 062
-
20 769
-
total
7 731
-
41 744
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 884
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%.

1 089
1 295
-
-
total
1 089
1 295
-
-
Dividends
107 795
128 205
-
-
withholding
16 169
19 231
-
-
total
16 169
19 231
-
-
Income
129 500
129 500
129 500
129 500
Total tax
24 989
20 526
41 744
56 381
After tax
104 511
108 974
87 756
73 119
Living cost
12 885
12 885
12 885
12 885
Free-cash
91 626
96 089
74 871
60 234

Estimated living cost  is ₽12885 per week

₽7983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25850
₽30193
₽18595
₽24517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
regional
-
-
-
2 900
social contributions
-
-
-
33 308
municipal
-
-
-
866
national
-
-
-
29 889
total
-
-
-
66 963
Employee
80 422
-
129 500
-
national
13 591
-
25 951
-
regional
1 214
-
2 493
-
municipal
480
-
773
-
social contributions
27 118
-
43 668
-
total
42 403
-
72 885
-
Employer
80 422
-
129 500
-
total
-
-
-
-
Corporate
49 078
129 500
-
-
nationa
11 779
31 080
-
-
municipal
2 365
6 241
-
-
total
14 144
37 321
-
-
Dividends
34 933
92 178
-
-
withholding
9 083
23 966
-
-
total
9 083
23 966
-
-
Income
129 500
129 500
129 500
129 500
Total tax
65 630
61 287
72 885
66 963
After tax
63 870
68 213
56 615
62 537
Living cost
38 020
38 020
38 020
38 020
Free-cash
25 850
30 193
18 595
24 517

Estimated living cost  is ₽38020 per week

₽26707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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