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
₽36837
₽56559
₽43062
₽47261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
129 500
income

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

-
-
-
35 988
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.

-
-
-
1 979
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.

-
-
-
6 437
trade
-
-
-
13 497
total
-
-
-
57 901
Employee

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

36 036
-
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.

55
-
1 979
-
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.

1 007
-
35 988
-
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.

6 437
-
6 437
-
total
7 499
-
44 404
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 464
129 500
-
-
income
14 019
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.

771
1 069
-
-
chamber of commerce
277
329
-
-
trade
14 720
20 397
-
-
total
29 787
41 219
-
-
Dividends
63 677
88 281
-
-
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.

856
1 194
-
-
withholding
15 560
21 713
-
-
total
16 416
22 907
-
-
Income
129 500
129 500
129 500
129 500
Total tax
53 702
64 126
44 404
57 901
After tax
75 798
65 374
85 096
71 599
Living cost
28 537
28 537
28 537
28 537
Free-cash
47 261
36 837
56 559
43 062

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30637
₽28054
₽27037
₽29804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
1 392
municipal
-
-
-
13 869
national
-
-
-
21 491
pensions
-
-
-
15 540
total
-
-
-
52 292
Employee
77 774
-
111 952
-
municipal
9 606
-
14 370
-
pensions
3 111
-
4 478
-
national
14 886
-
22 268
-
total
27 603
-
41 116
-
Employer
77 774
-
111 952
-
pensions
6 222
-
8 956
-
social contributions
836
-
1 203
-
total
7 058
-
10 159
-
Corporate
39 535
129 500
-
-
income

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

7 907
25 900
-
-
total
7 907
25 900
-
-
Dividends
31 628
103 600
-
-
withholding
6 958
22 792
-
-
total
6 958
22 792
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 526
48 692
51 275
52 292
After tax
79 974
80 808
78 225
77 208
Living cost
50 170
50 170
50 170
50 170
Free-cash
29 804
30 637
28 054
27 037

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83999
₽52990
₽20369
₽76270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
129 500
income
-
-
-
20 409
surtax
-
-
-
33 023
social contributions

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

-
-
-
36 098
microenterprise
-
-
-
-
total
-
-
-
89 530
Employee
27 531
-
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.

3 029
-
11 480
-
income
4 901
-
20 289
-
total
7 930
-
31 769
-
Employer
27 531
-
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.

6 631
-
25 140
-
surtax
-
-
-
-
total
6 631
-
25 140
-
Corporate
95 338
129 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

19 068
25 900
-
-
total
19 068
25 900
-
-
Dividends

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

76 270
103 600
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
33 629
25 900
56 909
89 530
After tax
95 871
103 600
72 591
39 970
Living cost
19 601
19 601
19 601
19 601
Free-cash
76 270
83 999
52 990
20 369

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24103
₽36695
₽34562
₽18333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 812
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
55 469
Employee
80 457
80 457
111 991
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
13 170
-
health
12 349
10 504
11 618
-
total
40 001
34 713
35 827
-
Employer
80 457
80 457
111 991
-
health
5 593
5 593
6 950
-
pensions
5 600
5 600
6 960
-
unemployment
2 896
2 896
3 599
-
total
14 089
14 089
17 509
-
Corporate
35 941
34 954
-
-
income
7 187
6 991
-
-
total
7 187
6 991
-
-
Dividends
28 754
27 963
-
-
income
6 109
5 941
-
-
withholding
4 312
4 194
-
-
total
10 421
10 135
-
-
Income
129 500
129 500
129 500
129 500
Total tax
71 698
65 928
53 336
55 469
After tax
57 802
63 572
76 164
74 031
Living cost
39 469
39 469
39 469
39 469
Free-cash
18 333
24 103
36 695
34 562

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33087
₽29932
₽30947
₽32242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
31 494
national
-
-
-
5 553
pensions
-
-
-
8 913
total
-
-
-
60 933
Employee
53 604
-
103 595
-
municipal
15 985
-
30 892
-
national
-
-
5 149
-
total
15 985
-
36 041
-
Employer
53 604
-
103 595
-
health
3 297
-
5 071
-
pensions
5 795
-
8 913
-
accident
107
-
165
-
unemployment
1 415
-
2 177
-
other
6 229
-
9 581
-
total
16 843
-
25 907
-
Corporate
59 053
129 500
-
-
income
12 992
28 490
-
-
total
12 992
28 490
-
-
Dividends
46 061
101 010
-
-
withholding
13 818
30 303
-
-
total
13 818
30 303
-
-
Income
129 500
129 500
129 500
129 500
Total tax
59 638
58 793
61 948
60 933
After tax
69 862
70 707
67 552
68 567
Living cost
37 620
37 620
37 620
37 620
Free-cash
32 242
33 087
29 932
30 947

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27697
₽48084
₽33988
₽40936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
129 500
income

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

-
-
-
35 988
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.

-
-
-
1 979
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.

-
-
-
6 437
trade
-
-
-
14 096
total
-
-
-
58 500
Employee

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

47 779
-
129 500
-
surtax

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

225
-
1 979
-
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.

4 105
-
35 988
-
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.

6 437
-
6 437
-
total
10 767
-
44 404
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 721
129 500
-
-
income
12 258
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.

674
1 069
-
-
chamber of commerce
259
327
-
-
trade
13 443
21 303
-
-
total
26 634
42 123
-
-
Dividends
55 086
87 376
-
-
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.

738
1 182
-
-
withholding
13 413
21 486
-
-
total
14 151
22 668
-
-
Income
129 500
129 500
129 500
129 500
Total tax
51 552
64 791
44 404
58 500
After tax
77 948
64 709
85 096
71 000
Living cost
37 012
37 012
37 012
37 012
Free-cash
40 936
27 697
48 084
33 988

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
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.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64029
₽58542
₽59780
₽60123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 615
social contributions
-
-
-
15 244
health
-
-
-
3 302
total
-
-
-
39 161
Employee
72 448
72 448
119 185
-
social contributions
3 520
6 013
8 110
-
income
7 608
6 707
19 948
-
health
721
1 232
2 026
-
total
11 849
13 952
30 084
-
Employer
72 448
72 448
119 185
-
health
785
1 341
2 205
-
social contributions
3 520
6 013
8 110
-
total
4 305
7 354
10 315
-
Corporate
82 787
49 698
-
-
income
10 349
6 213
-
-
total
10 349
6 213
-
-
Dividends
72 438
43 485
-
-
withholding
12 315
7 393
-
-
total
12 315
7 393
-
-
Income
129 500
129 500
129 500
129 500
Total tax
38 818
34 912
40 399
39 161
After tax
90 682
94 588
89 101
90 339
Living cost
30 559
30 559
30 559
30 559
Free-cash
60 123
64 029
58 542
59 780

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55910
₽58162
₽72803
₽56261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
108 368
-
unemployment
366
146
1 626
-
pensions
2 441
971
10 837
-
income
2 984
1 188
13 248
-
health
1 709
680
7 586
-
total
7 500
2 985
33 297
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
108 368
-
pensions
4 760
1 894
21 132
-
total
4 760
1 894
21 132
-
Corporate
100 331
117 891
-
-
income
9 030
10 610
-
-
total
9 030
10 610
-
-
Dividends
91 301
107 281
-
-
social contributions
17 693
20 809
-
-
withholding
17 347
20 383
-
-
total
35 040
41 192
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 330
56 681
54 429
39 788
After tax
73 170
72 819
75 071
89 712
Living cost
16 909
16 909
16 909
16 909
Free-cash
56 261
55 910
58 162
72 803

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80843
₽51886
₽46654
₽74989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 354
health
-
-
-
16 835
pensions
-
-
-
25 900
total
-
-
-
60 089
Employee
26 728
-
96 788
-
unemployment
427
-
1 548
-
pensions
535
-
1 936
-
income
3 009
-
18 661
-
total
3 971
-
22 145
-
Employer
26 728
-
96 788
-
health
3 474
-
12 582
-
pensions
5 346
-
19 356
-
unemployment
215
-
774
-
total
9 035
-
32 712
-
Corporate
93 738
129 500
-
-
income
18 748
25 900
-
-
total
18 748
25 900
-
-
Dividends
74 990
103 600
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
31 754
25 900
54 857
60 089
After tax
97 746
103 600
74 643
69 411
Living cost
22 757
22 757
22 757
22 757
Free-cash
74 989
80 843
51 886
46 654

Estimated living cost  is ₽22757 per week

₽15609
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.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10554
₽47929
₽67623
₽7262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
242
income
-
-
-
34 171
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
40 833
Employee
33 103
-
114 254
-
pensions
3 728
-
7 298
-
income
4 541
-
24 902
-
health
3 790
-
13 082
-
total
12 059
-
45 282
-
Employer
33 103
-
114 254
-
pensions
5 383
-
10 538
-
accident
553
-
1 908
-
unemployment
811
-
2 799
-
total
6 747
-
15 245
-
Corporate
89 650
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.

80 685
116 550
-
-
total
80 685
116 550
-
-
Dividends
8 965
12 950
-
-
withholding
1 703
2 460
-
-
total
1 703
2 460
-
-
Income
129 500
129 500
129 500
129 500
Total tax
101 194
119 010
60 527
40 833
After tax
28 306
10 490
68 973
88 667
Living cost
21 044
21 044
21 044
21 044
Free-cash
7 262
-10 554
47 929
67 623

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115418
₽95993
₽120598
₽113992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 509
-
129 500
-
income
1 902
-
25 900
-
total
1 902
-
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%.

119 991
129 500
-
-
total
-
-
-
-
Dividends
119 991
129 500
-
-
withholding
5 999
6 475
-
-
total
5 999
6 475
-
-
Income
129 500
129 500
129 500
129 500
Total tax
7 901
6 475
25 900
1 295
After tax
121 599
123 025
103 600
128 205
Living cost
7 607
7 607
7 607
7 607
Free-cash
113 992
115 418
95 993
120 598

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70040
₽49171
₽43811
₽63677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 656
other
-
-
-
6 150
health
-
-
-
5 698
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
total
-
-
-
60 584
Employee
34 209
-
103 432
-
unemployment
341
-
1 033
-
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.

2 394
-
7 239
-
income
5 889
-
19 440
-
health
479
-
1 448
-
total
9 103
-
29 160
-
Employer
34 209
-
103 432
-
health
479
-
1 448
-
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.

5 816
-
17 583
-
accident
274
-
828
-
unemployment
341
-
1 033
-
other
1 711
-
5 172
-
total
8 621
-
26 064
-
Corporate
86 670
129 500
-
-
income
18 201
27 194
-
-
total
18 201
27 194
-
-
Dividends
68 468
102 306
-
-
withholding
4 793
7 161
-
-
total
4 793
7 161
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 718
34 355
55 224
60 584
After tax
88 782
95 145
74 276
68 916
Living cost
25 105
25 105
25 105
25 105
Free-cash
63 677
70 040
49 171
43 811

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25666
₽13651
₽25574
₽21036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 129
pensions
-
-
-
7 751
total
-
-
-
40 880
Employee
89 201
-
113 464
-
pensions
8 605
-
9 800
-
income
16 079
-
25 179
-
health
1 470
-
1 788
-
total
26 154
-
36 767
-
Employer
89 201
-
113 464
-
health
1 694
-
2 155
-
pensions
10 532
-
13 881
-
total
12 226
-
16 036
-
Corporate
28 073
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.

5 334
24 604
-
-
total
5 334
24 604
-
-
Dividends
22 739
104 896
-
-
withholding
1 704
16 184
-
-
total
1 704
16 184
-
-
Income
129 500
129 500
129 500
129 500
Total tax
45 418
40 788
52 803
40 880
After tax
84 082
88 712
76 697
88 620
Living cost
63 046
63 046
63 046
63 046
Free-cash
21 036
25 666
13 651
25 574

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽98375
₽93631
₽88943
₽93999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
19 425
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
28 209
Employee
16 350
-
123 046
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
12 304
-
health
752
-
1 513
-
total
4 003
-
17 067
-
Employer
16 350
-
123 046
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
109 941
129 500
-
-
income
10 994
12 950
-
-
total
10 994
12 950
-
-
Dividends
98 948
116 550
-
-
withholding
4 947
5 827
-
-
total
4 947
5 827
-
-
Income
129 500
129 500
129 500
129 500
Total tax
23 153
18 777
23 521
28 209
After tax
106 347
110 723
105 979
101 291
Living cost
12 348
12 348
12 348
12 348
Free-cash
93 999
98 375
93 631
88 943

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽11328
₽23920
₽21787
₽13697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 812
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
55 469
Employee
87 351
80 457
111 991
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
13 170
-
health
10 897
10 504
11 618
-
total
35 106
34 713
35 827
-
Employer
87 351
80 457
111 991
-
health
6 070
5 593
6 950
-
pensions
6 079
5 600
6 960
-
unemployment
3 145
2 896
3 599
-
total
15 294
14 089
17 509
-
Corporate
26 855
34 954
-
-
income
5 371
6 991
-
-
total
5 371
6 991
-
-
Dividends
21 485
27 963
-
-
income
4 566
5 941
-
-
withholding
3 222
4 194
-
-
total
7 788
10 135
-
-
Income
129 500
129 500
129 500
129 500
Total tax
63 559
65 928
53 336
55 469
After tax
65 941
63 572
76 164
74 031
Living cost
52 244
52 244
52 244
52 244
Free-cash
13 697
11 328
23 920
21 787

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66043
₽42598
₽43822
₽57794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
11 813
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
-
health
-
-
-
17 482
total
-
-
-
62 560
Employee
33 996
-
96 642
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
6 282
-
income
4 080
-
11 597
-
health
4 590
-
13 047
-
total
10 880
-
30 926
-
Employer
33 996
-
96 642
-
health
3 060
-
8 698
-
social contributions
8 499
-
24 160
-
total
11 559
-
32 858
-
Corporate
83 945
129 500
-
-
income
15 950
24 605
-
-
total
15 950
24 605
-
-
Dividends
67 995
104 895
-
-
withholding
10 199
15 734
-
-
total
10 199
15 734
-
-
Income
129 500
129 500
129 500
129 500
Total tax
48 588
40 339
63 784
62 560
After tax
80 912
89 161
65 716
66 940
Living cost
23 118
23 118
23 118
23 118
Free-cash
57 794
66 043
42 598
43 822

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29336
₽18040
₽24204
₽24420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
33 307
regional
-
-
-
1 491
municipal
-
-
-
769
national
-
-
-
29 973
total
-
-
-
65 540
Employee
83 734
-
129 500
-
municipal
443
-
687
-
national
14 509
-
26 038
-
regional
790
-
1 312
-
social contributions
28 235
-
43 667
-
total
43 977
-
71 704
-
Employer
83 734
-
129 500
-
total
-
-
-
-
Corporate
45 766
129 500
-
-
municipal
1 784
5 051
-
-
nationa
10 983
31 080
-
-
total
12 767
36 131
-
-
Dividends
32 999
93 369
-
-
withholding
8 580
24 277
-
-
total
8 580
24 277
-
-
Income
129 500
129 500
129 500
129 500
Total tax
65 324
60 408
71 704
65 540
After tax
64 176
69 092
57 796
63 960
Living cost
39 756
39 756
39 756
39 756
Free-cash
24 420
29 336
18 040
24 204

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60665
₽38026
₽40657
₽57732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 614
other
-
-
-
-
surtax
-
-
-
4 148
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
68 053
Employee
31 157
-
106 979
-
other
-
-
-
-
unemployment
2 169
-
7 445
-
pensions
2 078
-
7 136
-
surtax
102
-
3 733
-
income
5 223
-
27 121
-
health
796
-
2 727
-
total
10 368
-
48 162
-
Employer
31 157
-
106 979
-
health
1 418
-
4 869
-
pensions
4 153
-
14 261
-
unemployment
987
-
3 392
-
other
-
-
-
-
total
6 558
-
22 522
-
Corporate
91 785
129 500
-
-
income
23 864
33 670
-
-
total
23 864
33 670
-
-
Dividends
67 921
95 830
-
-
withholding
10 188
14 375
-
-
total
10 188
14 375
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 978
48 045
70 684
68 053
After tax
78 522
81 455
58 816
61 447
Living cost
20 790
20 790
20 790
20 790
Free-cash
57 732
60 665
38 026
40 657

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45640
₽33625
₽45548
₽46537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 129
pensions
-
-
-
7 751
total
-
-
-
40 880
Employee
59 780
-
113 464
-
pensions
5 074
-
9 800
-
income
10 767
-
25 179
-
health
868
-
1 788
-
total
16 709
-
36 767
-
Employer
59 780
-
113 464
-
health
1 136
-
2 155
-
pensions
6 471
-
13 881
-
total
7 607
-
16 036
-
Corporate
62 113
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.

11 801
24 604
-
-
total
11 801
24 604
-
-
Dividends
50 312
104 896
-
-
withholding
3 774
16 184
-
-
total
3 774
16 184
-
-
Income
129 500
129 500
129 500
129 500
Total tax
39 891
40 788
52 803
40 880
After tax
89 609
88 712
76 697
88 620
Living cost
43 072
43 072
43 072
43 072
Free-cash
46 537
45 640
33 625
45 548

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
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.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15233
₽25781
₽32103
₽16622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 591
regional
-
-
-
5 402
health
-
-
-
291
city
-
-
-
1 365
national
-
-
-
1 385
pensions
-
-
-
11 914
total
-
-
-
22 948
Employee
87 124
-
115 911
-
unemployment
-
-
-
-
pensions
7 320
-
9 737
-
national
412
-
1 090
-
regional
2 853
-
4 624
-
city
935
-
1 245
-
health
197
-
260
-
total
11 717
-
16 956
-
Employer
87 124
-
115 911
-
health
197
-
260
-
pensions
7 320
-
9 737
-
unemployment
-
-
-
-
other

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

1 742
-
2 317
-
total
9 259
-
12 314
-
Corporate
32 159
129 500
-
-
regional
6 801
27 389
-
-
national
2 734
11 008
-
-
total
9 535
38 397
-
-
Dividends
22 623
91 103
-
-
withholding
7 918
31 887
-
-
total
7 918
31 887
-
-
Income
129 500
129 500
129 500
129 500
Total tax
38 429
70 284
29 270
22 948
After tax
91 071
59 216
100 230
106 552
Living cost
74 449
74 449
74 449
74 449
Free-cash
16 622
-15 233
25 781
32 103

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20882
₽41935
₽27238
₽36160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
129 500
income

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

-
-
-
35 988
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.

-
-
-
1 979
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.

-
-
-
6 437
trade
-
-
-
14 697
total
-
-
-
59 101
Employee

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

56 622
-
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.

367
-
1 979
-
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.

6 658
-
35 988
-
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.

6 437
-
6 437
-
total
13 462
-
44 404
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 878
129 500
-
-
income
10 931
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.

601
1 069
-
-
chamber of commerce
245
325
-
-
trade
12 498
22 210
-
-
total
24 275
43 028
-
-
Dividends
48 603
86 472
-
-
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.

649
1 169
-
-
withholding
11 793
21 260
-
-
total
12 442
22 429
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 179
65 457
44 404
59 101
After tax
79 321
64 043
85 096
70 399
Living cost
43 161
43 161
43 161
43 161
Free-cash
36 160
20 882
41 935
27 238

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33034
₽43017
₽41331
₽38598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 325
other
-
-
-
4 014
surtax
-
-
-
-
social contributions
-
-
-
3 690
health
-
-
-
4 338
pensions
-
-
-
26 567
total
-
-
-
55 934
Employee
40 323
-
102 382
-
pensions
4 559
-
6 224
-
surtax
-
-
-
-
social contributions
1 150
-
2 916
-
income
2 380
-
17 990
-
total
8 089
-
27 130
-
Employer
40 323
-
102 382
-
health
2 823
-
8 413
-
pensions
6 624
-
10 639
-
unemployment
1 632
-
4 146
-
social contributions
122
-
308
-
other
1 391
-
3 612
-
total
12 592
-
27 118
-
Corporate
76 584
129 500
-
-
income
21 444
36 259
-
-
surtax
-
-
-
-
total
21 444
36 259
-
-
Dividends
55 140
93 241
-
-
surtax
-
-
-
-
social contributions
9 483
16 038
-
-
withholding
7 059
11 934
-
-
total
16 542
27 972
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 667
64 231
54 248
55 934
After tax
70 833
65 269
75 252
73 566
Living cost
32 235
32 235
32 235
32 235
Free-cash
38 598
33 034
43 017
41 331

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
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.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36228
₽46211
₽44525
₽41462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 325
other
-
-
-
4 014
surtax
-
-
-
-
social contributions
-
-
-
3 690
health
-
-
-
4 338
pensions
-
-
-
26 567
total
-
-
-
55 934
Employee
35 994
-
102 382
-
pensions
4 071
-
6 224
-
surtax
-
-
-
-
social contributions
1 026
-
2 916
-
income
1 856
-
17 990
-
total
6 953
-
27 130
-
Employer
35 994
-
102 382
-
health
2 519
-
8 413
-
pensions
5 914
-
10 639
-
unemployment
1 457
-
4 146
-
social contributions
107
-
308
-
other
1 243
-
3 612
-
total
11 240
-
27 118
-
Corporate
82 265
129 500
-
-
income
23 034
36 259
-
-
surtax
-
-
-
-
total
23 034
36 259
-
-
Dividends
59 231
93 241
-
-
surtax
-
-
-
-
social contributions
10 189
16 038
-
-
withholding
7 581
11 934
-
-
total
17 770
27 972
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 997
64 231
54 248
55 934
After tax
70 503
65 269
75 252
73 566
Living cost
29 041
29 041
29 041
29 041
Free-cash
41 462
36 228
46 211
44 525

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59030
₽61588
₽63188
₽59519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
19 424
social contributions
-
-
-
17 870
health
-
-
-
9 040
total
-
-
-
46 334
Employee
31 945
-
129 500
-
social contributions
4 409
-
17 870
-
income
5 328
-
21 024
-
health
2 230
-
9 040
-
total
11 967
-
47 934
-
Employer
31 945
-
129 500
-
total
-
-
-
-
Corporate
97 555
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%.

4 877
6 474
-
-
total
4 877
6 474
-
-
Dividends
92 678
123 026
-
-
social contributions
12 789
16 978
-
-
withholding
13 901
18 453
-
-
health
6 469
8 587
-
-
total
33 159
44 018
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 003
50 492
47 934
46 334
After tax
79 497
79 008
81 566
83 166
Living cost
19 978
19 978
19 978
19 978
Free-cash
59 519
59 030
61 588
63 188

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38803
₽1549
₽32425
₽37346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
28 611
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
519
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
63 877
Employee
47 085
37 547
100 416
-
other
470
375
1 005
-
unemployment
1 412
1 126
3 013
-
pensions
4 822
3 844
10 282
-
income
5 360
2 770
23 272
-
health
1 822
1 454
3 887
-
total
13 886
9 569
41 459
-
Employer
47 085
37 547
100 416
-
chamber of commerce
188
150
402
-
health
1 779
1 420
3 796
-
pensions
5 909
4 713
12 601
-
accident
611
488
1 305
-
unemployment
1 412
1 126
3 013
-
surtax
186
186
186
-
payroll
1 412
1 126
3 013
-
other
2 237
1 783
4 768
-
total
13 734
10 992
29 084
-
Corporate
68 680
80 961
96 840
-
income

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

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

17 170
20 239
24 210
-
total
17 170
20 239
24 210
-
Dividends
51 510
60 722
-
-
withholding
14 166
16 699
-
-
total
14 166
16 699
-
-
Income
129 500
129 500
129 500
129 500
Total tax
58 956
57 499
94 753
63 877
After tax
70 544
72 001
34 747
65 623
Living cost
33 198
33 198
33 198
33 198
Free-cash
37 346
38 803
1 549
32 425

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
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.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38147
₽13276
₽22912
₽24019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
communal

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

-
-
-
6 546
social contributions
-
-
-
20 406
national
-
-
-
45 283
total
-
-
-
72 235
Employee

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

67 394
-
100 303
-
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.

586
-
873
-
communal

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

3 515
-
5 231
-
pensions

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

5 054
-
7 522
-
national
20 719
-
34 334
-
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.

3 166
-
4 715
-
total
33 040
-
52 675
-
Employer

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

67 394
-
100 303
-
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.

4 144
-
6 168
-
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.

5 972
-
8 886
-
accident

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

876
-
1 303
-
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.

983
-
1 464
-
surtax
7 642
-
11 375
-
total
19 617
-
29 196
-
Corporate
42 489
129 500
-
-
income
8 498
25 900
-
-
surtax
170
519
-
-
total
8 668
26 419
-
-
Dividends
33 821
103 081
-
-
withholding

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

9 803
30 581
-
-
total
9 803
30 581
-
-
Income
129 500
129 500
129 500
129 500
Total tax
71 128
57 000
81 871
72 235
After tax
58 372
72 500
47 629
57 265
Living cost
34 353
34 353
34 353
34 353
Free-cash
24 019
38 147
13 276
22 912

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52736
₽34212
₽38740
₽45643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
787
income
-
-
-
30 535
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
56 734
Employee
46 899
-
101 660
-
other
46
-
88
-
unemployment
728
-
1 353
-
pensions
2 205
-
4 105
-
income
9 895
-
27 877
-
total
12 874
-
33 423
-
Employer
46 899
-
101 660
-
pensions
11 067
-
20 610
-
accident
928
-
1 729
-
unemployment
2 580
-
4 802
-
other
374
-
699
-
total
14 949
-
27 840
-
Corporate
67 652
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.

10 148
19 424
-
-
total
10 148
19 424
-
-
Dividends
57 504
110 076
-
-
withholding
11 861
23 315
-
-
total
11 861
23 315
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 832
42 739
61 263
56 734
After tax
79 668
86 761
68 237
72 766
Living cost
34 026
34 026
34 026
34 026
Free-cash
45 643
52 736
34 212
38 740

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26401
₽22068
₽16906
₽16409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
communal
-
-
-
8 185
accident
-
-
-
1 092
income
-
-
-
17 187
surtax
-
-
-
6 420
health
-
-
-
9 099
pensions
-
-
-
19 410
total
-
-
-
61 393
Employee
71 349
-
115 676
-
pensions
5 707
-
9 254
-
surtax
4 373
-
7 089
-
income
6 892
-
20 915
-
health
3 175
-
5 149
-
total
20 147
-
42 407
-
Employer
71 349
-
115 676
-
health
2 176
-
3 529
-
pensions
5 707
-
9 254
-
accident
642
-
1 041
-
total
8 525
-
13 824
-
Corporate
49 626
129 500
-
-
communal
3 351
8 741
-
-
income
7 443
19 424
-
-
surtax
520
1 359
-
-
total
11 314
29 524
-
-
Dividends
38 312
99 976
-
-
income
16 158
7 377
-
-
withholding
5 746
14 997
-
-
total
21 904
22 374
-
-
Income
129 500
129 500
129 500
129 500
Total tax
61 890
51 898
56 231
61 393
After tax
67 610
77 602
73 269
68 107
Living cost
51 201
51 201
51 201
51 201
Free-cash
16 409
26 401
22 068
16 906

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60293
₽37654
₽40285
₽57297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 614
other
-
-
-
-
surtax
-
-
-
4 148
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
68 053
Employee
31 729
-
106 979
-
other
-
-
-
-
unemployment
2 208
-
7 445
-
pensions
2 117
-
7 136
-
surtax
113
-
3 733
-
income
5 319
-
27 121
-
health
810
-
2 727
-
total
10 567
-
48 162
-
Employer
31 729
-
106 979
-
health
1 443
-
4 869
-
pensions
4 230
-
14 261
-
unemployment
1 007
-
3 392
-
other
-
-
-
-
total
6 680
-
22 522
-
Corporate
91 092
129 500
-
-
income
23 683
33 670
-
-
total
23 683
33 670
-
-
Dividends
67 409
95 830
-
-
withholding
10 111
14 375
-
-
total
10 111
14 375
-
-
Income
129 500
129 500
129 500
129 500
Total tax
51 041
48 045
70 684
68 053
After tax
78 459
81 455
58 816
61 447
Living cost
21 162
21 162
21 162
21 162
Free-cash
57 297
60 293
37 654
40 285

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42688
₽31986
₽38118
₽40595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
33 307
regional
-
-
-
1 953
municipal
-
-
-
769
national
-
-
-
29 973
total
-
-
-
66 002
Employee
52 263
-
129 500
-
municipal
277
-
687
-
national
8 280
-
26 038
-
regional
704
-
1 742
-
social contributions
17 624
-
43 667
-
total
26 885
-
72 134
-
Employer
52 263
-
129 500
-
total
-
-
-
-
Corporate
77 237
129 500
-
-
municipal
3 839
6 437
-
-
nationa
18 537
31 080
-
-
total
22 376
37 517
-
-
Dividends
54 861
91 984
-
-
withholding
14 264
23 915
-
-
total
14 264
23 915
-
-
Income
129 500
129 500
129 500
129 500
Total tax
63 525
61 432
72 134
66 002
After tax
65 975
68 068
57 366
63 498
Living cost
25 380
25 380
25 380
25 380
Free-cash
40 595
42 688
31 986
38 118

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60674
₽37229
₽38453
₽50512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
11 813
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
-
health
-
-
-
17 482
total
-
-
-
62 560
Employee
41 892
-
96 642
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
6 282
-
income
5 027
-
11 597
-
health
5 655
-
13 047
-
total
13 405
-
30 926
-
Employer
41 892
-
96 642
-
health
3 770
-
8 698
-
social contributions
10 473
-
24 160
-
total
14 243
-
32 858
-
Corporate
73 364
129 500
-
-
income
13 939
24 605
-
-
total
13 939
24 605
-
-
Dividends
59 425
104 895
-
-
withholding
8 914
15 734
-
-
total
8 914
15 734
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 501
40 339
63 784
62 560
After tax
78 999
89 161
65 716
66 940
Living cost
28 487
28 487
28 487
28 487
Free-cash
50 512
60 674
37 229
38 453

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42044
₽4727
₽35751
₽41578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
28 611
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
519
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
63 691
Employee
41 185
37 547
100 559
-
other
411
375
1 005
-
unemployment
1 235
1 126
3 016
-
pensions
4 218
3 844
10 297
-
income
3 669
2 770
23 322
-
health
1 593
1 454
3 892
-
total
11 126
9 569
41 532
-
Employer
41 185
37 547
100 559
-
chamber of commerce
164
150
402
-
health
1 557
1 420
3 801
-
pensions
5 169
4 713
12 619
-
accident
535
488
1 307
-
unemployment
1 235
1 126
3 016
-
surtax
-
-
-
-
payroll
1 235
1 126
3 016
-
other
1 956
1 783
4 776
-
total
11 851
10 806
28 937
-
Corporate
76 463
81 147
96 986
-
income

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

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

19 117
20 286
24 246
-
total
19 117
20 286
24 246
-
Dividends
57 346
60 861
-
-
withholding
15 770
16 737
-
-
total
15 770
16 737
-
-
Income
129 500
129 500
129 500
129 500
Total tax
57 864
57 398
94 715
63 691
After tax
71 636
72 102
34 785
65 809
Living cost
30 058
30 058
30 058
30 058
Free-cash
41 578
42 044
4 727
35 751

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111170
₽91745
₽116350
₽108947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
129 500
microenterprise

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

-
-
-
1 295
total
-
-
-
1 295
Employee
14 819
-
129 500
-
income
2 964
-
25 900
-
total
2 964
-
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%.

114 681
129 500
-
-
total
-
-
-
-
Dividends
114 681
129 500
-
-
withholding
5 734
6 475
-
-
total
5 734
6 475
-
-
Income
129 500
129 500
129 500
129 500
Total tax
8 698
6 475
25 900
1 295
After tax
120 802
123 025
103 600
128 205
Living cost
11 855
11 855
11 855
11 855
Free-cash
108 947
111 170
91 745
116 350

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63889
₽36398
₽39826
₽56008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
129 500
income
-
-
-
27 814
unemployment
-
-
-
195
health
-
-
-
12 743
pensions
-
-
-
23 651
total
-
-
-
64 403
Employee

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

41 663
-
112 053
-
unemployment
59
-
157
-
pensions
6 458
-
17 368
-
income
7 185
-
25 620
-
health
2 691
-
7 239
-
total
16 393
-
50 384
-
Employer

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

41 663
-
112 053
-
health
2 775
-
7 463
-
pensions
3 687
-
9 916
-
unemployment
25
-
68
-
total
6 487
-
17 447
-
Corporate
81 351
129 500
-
-
income
15 457
24 606
-
-
total
15 457
24 606
-
-
Dividends
65 894
104 894
-
-
withholding
9 884
15 734
-
-
total
9 884
15 734
-
-
Income
129 500
129 500
129 500
129 500
Total tax
48 221
40 340
67 831
64 403
After tax
81 279
89 160
61 669
65 097
Living cost
25 271
25 271
25 271
25 271
Free-cash
56 008
63 889
36 398
39 826

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38345
₽76726
₽49052
-₽10255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
25 242
social contributions
-
-
-
14 763
total
-
-
-
40 005
Employee
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
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
99 312
50 712
12 331
40 005
After tax
30 188
78 788
117 169
89 495
Living cost
40 444
40 444
40 444
40 444
Free-cash
-10 255
38 345
76 726
49 052

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44107
₽32321
₽41038
₽43159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
129 500
income
-
-
-
13 908
surtax
-
-
-
-
social contributions

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

-
-
-
45 001
total
-
-
-
58 909
Employee
43 332
-
104 646
-
surtax
-
-
-
-
social contributions
4 767
-
11 511
-
income
9 013
-
31 261
-
total
13 780
-
42 772
-
Employer
43 332
-
104 646
-
social contributions
10 291
-
24 854
-
total
10 291
-
24 854
-
Corporate
75 876
129 500
-
-
income
15 934
27 194
-
-
surtax
-
-
-
-
total
15 934
27 194
-
-
Dividends
59 942
102 306
-
-
withholding
16 783
28 646
-
-
total
16 783
28 646
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 788
55 840
67 626
58 909
After tax
72 712
73 660
61 874
70 591
Living cost
29 553
29 553
29 553
29 553
Free-cash
43 159
44 107
32 321
41 038

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19764
₽29747
₽28061
₽26241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 325
other
-
-
-
4 014
surtax
-
-
-
-
social contributions
-
-
-
3 690
health
-
-
-
4 338
pensions
-
-
-
26 567
total
-
-
-
55 934
Employee
59 010
-
102 382
-
pensions
6 674
-
6 224
-
surtax
-
-
-
-
social contributions
1 681
-
2 916
-
income
5 149
-
17 990
-
total
13 504
-
27 130
-
Employer
59 010
-
102 382
-
health
4 130
-
8 413
-
pensions
9 696
-
10 639
-
unemployment
2 390
-
4 146
-
social contributions
177
-
308
-
other
2 036
-
3 612
-
total
18 429
-
27 118
-
Corporate
52 060
129 500
-
-
income
14 577
36 259
-
-
surtax
-
-
-
-
total
14 577
36 259
-
-
Dividends
37 483
93 241
-
-
surtax
-
-
-
-
social contributions
6 447
16 038
-
-
withholding
4 797
11 934
-
-
total
11 244
27 972
-
-
Income
129 500
129 500
129 500
129 500
Total tax
57 754
64 231
54 248
55 934
After tax
71 746
65 269
75 252
73 566
Living cost
45 505
45 505
45 505
45 505
Free-cash
26 241
19 764
29 747
28 061

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88229
₽71751
₽68309
₽85064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 379
social contributions
-
-
-
28 491
total
-
-
-
32 870
Employee
30 290
-
112 121
-
income
-
-
4 761
-
social contributions
1 969
-
7 288
-
total
1 969
-
12 049
-
Employer
30 290
-
112 121
-
social contributions
4 695
-
17 379
-
total
4 695
-
17 379
-
Corporate
94 515
129 500
-
-
income
9 451
12 950
-
-
total
9 451
12 950
-
-
Dividends
85 064
116 550
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
16 115
12 950
29 428
32 870
After tax
113 385
116 550
100 072
96 630
Living cost
28 321
28 321
28 321
28 321
Free-cash
85 064
88 229
71 751
68 309

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽75759
-₽75759
₽33110
-₽75759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
labour market
-
-
-
10 295
municipal
-
-
-
25 893
national
-
-
-
14 014
pensions
-
-
-
817
total
-
-
-
51 019
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
129 500
129 500
129 500
129 500
Total tax
159 888
159 888
159 888
51 019
After tax
-30 388
-30 388
-30 388
78 481
Living cost
45 371
45 371
45 371
45 371
Free-cash
-75 759
-75 759
-75 759
33 110

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10244
₽48239
₽67933
₽7309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
242
income
-
-
-
34 171
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
40 833
Employee
32 615
-
114 254
-
pensions
3 673
-
7 298
-
income
4 474
-
24 902
-
health
3 735
-
13 082
-
total
11 882
-
45 282
-
Employer
32 615
-
114 254
-
pensions
5 303
-
10 538
-
accident
545
-
1 908
-
unemployment
799
-
2 799
-
total
6 647
-
15 245
-
Corporate
90 238
129 500
-
-
income

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

81 214
116 550
-
-
total
81 214
116 550
-
-
Dividends
9 024
12 950
-
-
withholding
1 714
2 460
-
-
total
1 714
2 460
-
-
Income
129 500
129 500
129 500
129 500
Total tax
101 457
119 010
60 527
40 833
After tax
28 043
10 490
68 973
88 667
Living cost
20 734
20 734
20 734
20 734
Free-cash
7 309
-10 244
48 239
67 933

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47239
₽34080
₽51838
₽48187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
129 500
health
-
-
-
1 600
municipal
-
-
-
23 021
national
-
-
-
16 869
total
-
-
-
41 490
Employee
49 569
-
108 942
-
municipal
8 119
-
17 761
-
unemployment
744
-
1 634
-
pensions
3 345
-
7 354
-
national
819
-
10 657
-
health
370
-
1 284
-
total
13 397
-
38 690
-
Employer
49 569
-
108 942
-
health
381
-
839
-
pensions
8 600
-
18 902
-
accident
50
-
109
-
unemployment
322
-
708
-
total
9 353
-
20 558
-
Corporate
70 578
129 500
-
-
income
14 116
25 900
-
-
total
14 116
25 900
-
-
Dividends

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

42 347
77 700
-
-
municipal
7 622
13 985
-
-
national
653
6 204
-
-
total
8 275
20 189
-
-
Income
129 500
129 500
129 500
129 500
Total tax
45 141
46 089
59 248
41 490
After tax
84 359
83 411
70 252
88 010
Living cost
36 172
36 172
36 172
36 172
Free-cash
48 187
47 239
34 080
51 838

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72774
₽67287
₽68525
₽67650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 615
social contributions
-
-
-
15 244
health
-
-
-
3 302
total
-
-
-
39 161
Employee
72 448
72 448
119 185
-
social contributions
2 739
6 013
8 110
-
income
7 888
6 707
19 948
-
health
561
1 232
2 026
-
total
11 188
13 952
30 084
-
Employer
72 448
72 448
119 185
-
health
610
1 341
2 205
-
social contributions
2 739
6 013
8 110
-
total
3 349
7 354
10 315
-
Corporate
93 149
49 698
-
-
income
11 643
6 213
-
-
total
11 643
6 213
-
-
Dividends
81 506
43 485
-
-
withholding
13 856
7 393
-
-
total
13 856
7 393
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 036
34 912
40 399
39 161
After tax
89 464
94 588
89 101
90 339
Living cost
21 814
21 814
21 814
21 814
Free-cash
67 650
72 774
67 287
68 525

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92279
₽73339
₽92236
₽87488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
129 500
income
-
-
-
12 875
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
22 305
Employee

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

21 626
-
120 292
-
unemployment
107
-
447
-
pensions
3 243
-
13 410
-
income
1 479
-
10 538
-
health
1 838
-
7 599
-
total
6 667
-
31 994
-
Employer

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

21 626
-
120 292
-
health
930
-
3 844
-
pensions
1 189
-
4 917
-
unemployment
107
-
447
-
total
2 226
-
9 208
-
Corporate
105 648
129 500
-
-
income
9 508
11 656
-
-
total
9 508
11 656
-
-
Dividends
96 140
117 844
-
-
withholding
8 652
10 606
-
-
total
8 652
10 606
-
-
Income
129 500
129 500
129 500
129 500
Total tax
27 053
22 262
41 202
22 305
After tax
102 447
107 238
88 298
107 195
Living cost
14 959
14 959
14 959
14 959
Free-cash
87 488
92 279
73 339
92 236

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60853
₽42329
₽46858
₽56324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
787
income
-
-
-
30 535
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
56 734
Employee
34 837
-
101 660
-
other
34
-
88
-
unemployment
540
-
1 353
-
pensions
1 638
-
4 105
-
income
6 716
-
27 877
-
total
8 928
-
33 423
-
Employer
34 837
-
101 660
-
pensions
8 221
-
20 610
-
accident
690
-
1 729
-
unemployment
1 917
-
4 802
-
other
279
-
699
-
total
11 107
-
27 840
-
Corporate
83 556
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.

12 533
19 424
-
-
total
12 533
19 424
-
-
Dividends
71 023
110 076
-
-
withholding
14 700
23 315
-
-
total
14 700
23 315
-
-
Income
129 500
129 500
129 500
129 500
Total tax
47 268
42 739
61 263
56 734
After tax
82 232
86 761
68 237
72 766
Living cost
25 908
25 908
25 908
25 908
Free-cash
56 324
60 853
42 329
46 858

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
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.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78896
₽81003
₽81140
₽78583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 042
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
46 448
Employee
2 913
-
127 931
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
43 969
-
health
146
-
349
-
total
1 000
-
45 016
-
Employer
2 913
-
127 931
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
125 932
129 500
-
-
income
27 705
28 490
-
-
total
27 705
28 490
-
-
Dividends
98 227
101 010
-
-
withholding
19 645
20 202
-
-
total
19 645
20 202
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 005
48 692
46 585
46 448
After tax
80 495
80 808
82 915
83 052
Living cost
1 912
1 912
1 912
1 912
Free-cash
78 583
78 896
81 003
81 140

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77265
₽58436
₽58435
₽72628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
129 500
income
-
-
-
28 438
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
54 766
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.

24 577
-
117 033
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
28 438
-
health
1 266
-
3 587
-
total
8 279
-
42 298
-
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.

24 577
-
117 033
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
100 523
129 500
-
-
income
15 078
19 425
-
-
total
15 078
19 425
-
-
Dividends
85 445
110 075
-
-
withholding
12 817
16 511
-
-
total
12 817
16 511
-
-
Income
129 500
129 500
129 500
129 500
Total tax
40 573
35 936
54 765
54 766
After tax
88 927
93 564
74 735
74 734
Living cost
16 299
16 299
16 299
16 299
Free-cash
72 628
77 265
58 436
58 435

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48260
₽36474
₽45191
₽47920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
129 500
income
-
-
-
13 908
surtax
-
-
-
-
social contributions

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

-
-
-
45 001
total
-
-
-
58 909
Employee
36 568
-
104 646
-
surtax
-
-
-
-
social contributions
4 023
-
11 511
-
income
7 145
-
31 261
-
total
11 168
-
42 772
-
Employer
36 568
-
104 646
-
social contributions
8 684
-
24 854
-
total
8 684
-
24 854
-
Corporate
84 248
129 500
-
-
income
17 692
27 194
-
-
surtax
-
-
-
-
total
17 692
27 194
-
-
Dividends
66 557
102 306
-
-
withholding
18 636
28 646
-
-
total
18 636
28 646
-
-
Income
129 500
129 500
129 500
129 500
Total tax
56 180
55 840
67 626
58 909
After tax
73 320
73 660
61 874
70 591
Living cost
25 400
25 400
25 400
25 400
Free-cash
47 920
48 260
36 474
45 191

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
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.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53649
₽35125
₽39654
₽46876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
787
income
-
-
-
30 535
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
56 734
Employee
45 502
-
101 660
-
other
45
-
88
-
unemployment
704
-
1 353
-
pensions
2 138
-
4 105
-
income
9 504
-
27 877
-
total
12 391
-
33 423
-
Employer
45 502
-
101 660
-
pensions
10 738
-
20 610
-
accident
901
-
1 729
-
unemployment
2 503
-
4 802
-
other
365
-
699
-
total
14 507
-
27 840
-
Corporate
69 490
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.

10 424
19 424
-
-
total
10 424
19 424
-
-
Dividends
59 067
110 076
-
-
withholding
12 190
23 315
-
-
total
12 190
23 315
-
-
Income
129 500
129 500
129 500
129 500
Total tax
49 512
42 739
61 263
56 734
After tax
79 988
86 761
68 237
72 766
Living cost
33 112
33 112
33 112
33 112
Free-cash
46 876
53 649
35 125
39 654

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94522
₽89778
₽85090
₽88782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
19 425
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
28 209
Employee
21 452
-
123 046
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
12 304
-
health
987
-
1 513
-
total
5 252
-
17 067
-
Employer
21 452
-
123 046
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
103 839
129 500
-
-
income
10 383
12 950
-
-
total
10 383
12 950
-
-
Dividends
93 455
116 550
-
-
withholding
4 673
5 827
-
-
total
4 673
5 827
-
-
Income
129 500
129 500
129 500
129 500
Total tax
24 517
18 777
23 521
28 209
After tax
104 983
110 723
105 979
101 291
Living cost
16 201
16 201
16 201
16 201
Free-cash
88 782
94 522
89 778
85 090

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30332
₽48722
₽36425
₽42656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
129 500
income

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

-
-
-
35 988
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.

-
-
-
1 979
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.

-
-
-
6 437
trade
-
-
-
12 297
total
-
-
-
56 701
Employee

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

46 879
-
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.

213
-
1 979
-
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.

3 855
-
35 988
-
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.

6 437
-
6 437
-
total
10 505
-
44 404
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 621
129 500
-
-
income
12 394
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.

681
1 069
-
-
chamber of commerce
265
333
-
-
trade
11 856
18 584
-
-
total
25 196
39 410
-
-
Dividends
57 426
90 090
-
-
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.

771
1 219
-
-
withholding
13 998
22 165
-
-
total
14 769
23 384
-
-
Income
129 500
129 500
129 500
129 500
Total tax
50 470
62 794
44 404
56 701
After tax
79 030
66 706
85 096
72 799
Living cost
36 374
36 374
36 374
36 374
Free-cash
42 656
30 332
48 722
36 425

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36980
₽18843
₽18843
₽39059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
income
-
-
-
36 227
social contributions
-
-
-
20 760
total
-
-
-
56 987
Employee
73 698
-
129 500
-
income
13 907
-
36 227
-
social contributions
6 123
-
20 760
-
total
20 030
-
56 987
-
Employer
73 698
-
129 500
-
total
-
-
-
-
Corporate
55 802
129 500
-
-
income
6 975
16 188
-
-
total
6 975
16 188
-
-
Dividends
48 827
113 312
-
-
withholding
9 766
22 662
-
-
total
9 766
22 662
-
-
Income
129 500
129 500
129 500
129 500
Total tax
36 771
38 850
56 987
56 987
After tax
92 729
90 650
72 513
72 513
Living cost
53 670
53 670
53 670
53 670
Free-cash
39 059
36 980
18 843
18 843

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44997
₽60100
₽62759
₽48289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
129 500
income
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
125 166
-
income
4 690
-
26 531
-
social contributions
4 330
-
4 334
-
total
9 020
-
30 865
-
Employer
43 221
-
125 166
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
81 949
129 500
-
-
income
28 682
45 324
-
-
total
28 682
45 324
-
-
Dividends
53 267
84 176
-
-
social contributions
4 978
4 978
-
-
total
4 978
4 978
-
-
Income
129 500
129 500
129 500
129 500
Total tax
47 010
50 302
35 199
32 540
After tax
82 490
79 198
94 301
96 960
Living cost
34 201
34 201
34 201
34 201
Free-cash
48 289
44 997
60 100
62 759

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53696
₽41681
₽53604
₽56693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 129
pensions
-
-
-
7 751
total
-
-
-
40 880
Employee
48 064
-
113 464
-
pensions
3 668
-
9 800
-
income
8 753
-
25 179
-
health
627
-
1 788
-
total
13 048
-
36 767
-
Employer
48 064
-
113 464
-
health
913
-
2 155
-
pensions
4 856
-
13 881
-
total
5 769
-
16 036
-
Corporate
75 666
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.

14 377
24 604
-
-
total
14 377
24 604
-
-
Dividends
61 289
104 896
-
-
withholding
4 597
16 184
-
-
total
4 597
16 184
-
-
Income
129 500
129 500
129 500
129 500
Total tax
37 791
40 788
52 803
40 880
After tax
91 709
88 712
76 697
88 620
Living cost
35 016
35 016
35 016
35 016
Free-cash
56 693
53 696
41 681
53 604

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12296
₽46187
₽65881
₽6995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
accident
-
-
-
242
income
-
-
-
34 171
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
40 833
Employee
35 844
-
114 254
-
pensions
4 036
-
7 298
-
income
4 917
-
24 902
-
health
4 104
-
13 082
-
total
13 057
-
45 282
-
Employer
35 844
-
114 254
-
pensions
5 828
-
10 538
-
accident
599
-
1 908
-
unemployment
878
-
2 799
-
total
7 305
-
15 245
-
Corporate
86 352
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.

77 716
116 550
-
-
total
77 716
116 550
-
-
Dividends
8 635
12 950
-
-
withholding
1 641
2 460
-
-
total
1 641
2 460
-
-
Income
129 500
129 500
129 500
129 500
Total tax
99 719
119 010
60 527
40 833
After tax
29 781
10 490
68 973
88 667
Living cost
22 786
22 786
22 786
22 786
Free-cash
6 995
-12 296
46 187
65 881

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽96244
₽75247
₽60359
₽91835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
129 500
income
-
-
-
20 799
unemployment
-
-
-
1 554
work injury
-
-
-
647
health insurance
-
-
-
9 583
pensions
-
-
-
23 828
total
-
-
-
56 411
Employee

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

20 368
-
129 500
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
20 799
-
total
7 638
-
41 523
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 132
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%.

1 091
1 295
-
-
total
1 091
1 295
-
-
Dividends
108 041
128 205
-
-
withholding
16 206
19 231
-
-
total
16 206
19 231
-
-
Income
129 500
129 500
129 500
129 500
Total tax
24 935
20 526
41 523
56 411
After tax
104 565
108 974
87 977
73 089
Living cost
12 730
12 730
12 730
12 730
Free-cash
91 835
96 244
75 247
60 359

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
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.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30677
₽18985
₽24910
₽26390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
129 500
social contributions
-
-
-
33 307
regional
-
-
-
2 911
municipal
-
-
-
865
national
-
-
-
29 973
total
-
-
-
67 056
Employee
79 393
-
129 500
-
municipal
474
-
772
-
national
13 417
-
26 038
-
regional
1 199
-
2 504
-
social contributions
26 771
-
43 667
-
total
41 861
-
72 981
-
Employer
79 393
-
129 500
-
total
-
-
-
-
Corporate
50 107
129 500
-
-
municipal
2 415
6 242
-
-
nationa
12 026
31 080
-
-
total
14 441
37 322
-
-
Dividends
35 666
92 179
-
-
withholding
9 274
23 967
-
-
total
9 274
23 967
-
-
Income
129 500
129 500
129 500
129 500
Total tax
65 576
61 289
72 981
67 056
After tax
63 924
68 211
56 519
62 444
Living cost
37 534
37 534
37 534
37 534
Free-cash
26 390
30 677
18 985
24 910

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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