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
₽ 131500
per

Your estimated
City
free-cash

Dresden , Germany
₽35660
₽46884
₽43194
₽56472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
trade
-
-
-
13 278
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.

-
-
-
35 405
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.

-
-
-
6 934
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.

-
-
-
1 947
total
-
-
-
57 564
Employee

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

38 820
-
131 500
-
health

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

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

6 934
-
6 934
-
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.

60
-
1 947
-
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.

1 084
-
35 405
-
total
8 078
-
44 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 680
131 500
-
-
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.

765
1 084
-
-
income
13 902
19 725
-
-
trade
14 598
20 711
-
-
chamber of commerce
287
343
-
-
total
29 552
41 863
-
-
Dividends
63 129
89 637
-
-
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.

847
1 211
-
-
withholding
15 397
22 024
-
-
total
16 244
23 235
-
-
Income
131 500
131 500
131 500
131 500
Total tax
53 874
65 098
44 286
57 564
After tax
77 626
66 402
87 214
73 936
Living cost
30 742
30 742
30 742
30 742
Free-cash
46 884
35 660
56 472
43 194

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30908
₽30057
₽27264
₽28298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
municipal
-
-
-
14 078
pensions
-
-
-
15 780
national
-
-
-
21 816
social contributions
-
-
-
1 414
total
-
-
-
53 088
Employee
79 289
-
113 681
-
municipal
9 793
-
14 587
-
pensions
3 172
-
4 547
-
national
15 176
-
22 604
-
total
28 141
-
41 738
-
Employer
79 289
-
113 681
-
social contributions
852
-
1 222
-
pensions
6 343
-
9 094
-
total
7 195
-
10 316
-
Corporate
39 783
131 500
-
-
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%.

7 957
26 300
-
-
total
7 957
26 300
-
-
Dividends
31 826
105 200
-
-
withholding
7 002
23 144
-
-
total
7 002
23 144
-
-
Income
131 500
131 500
131 500
131 500
Total tax
50 295
49 444
52 054
53 088
After tax
81 205
82 056
79 446
78 412
Living cost
51 148
51 148
51 148
51 148
Free-cash
30 057
30 908
28 298
27 264

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84085
₽75760
₽17821
₽52663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
microenterprise
-
-
-
-
income
-
-
-
20 144
surtax
-
-
-
33 533
social contributions

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

-
-
-
38 887
total
-
-
-
92 564
Employee
29 657
-
105 972
-
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.

3 263
-
11 657
-
surtax
-
-
-
-
income
5 279
-
20 537
-
total
8 542
-
32 194
-
Employer
29 657
-
105 972
-
social contributions

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

7 144
-
25 528
-
surtax
-
-
-
-
total
7 144
-
25 528
-
Corporate
94 699
131 500
-
-
income

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

18 939
26 300
-
-
total
18 939
26 300
-
-
Dividends

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

75 760
105 200
-
-
total
-
-
-
-
Income
131 500
131 500
131 500
131 500
Total tax
34 625
26 300
57 722
92 564
After tax
96 875
105 200
73 778
38 936
Living cost
21 115
21 115
21 115
21 115
Free-cash
75 760
84 085
52 663
17 821

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21884
₽15664
₽33310
₽31526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
31 265
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
55 672
Employee
86 673
86 673
112 638
-
health
13 303
11 316
12 516
-
income

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

14 187
14 187
14 187
-
pensions
15 601
11 891
11 891
-
total
43 091
37 394
38 594
-
Employer
86 673
86 673
112 638
-
unemployment
3 120
3 120
3 877
-
pensions
6 032
6 032
7 498
-
health
6 025
6 025
7 487
-
total
15 177
15 177
18 862
-
Corporate
30 713
29 650
-
-
income
6 142
5 930
-
-
total
6 142
5 930
-
-
Dividends
24 571
23 720
-
-
income
5 222
5 040
-
-
withholding
3 686
3 557
-
-
total
8 908
8 597
-
-
Income
131 500
131 500
131 500
131 500
Total tax
73 318
67 098
57 456
55 672
After tax
58 182
64 402
74 044
75 828
Living cost
42 518
42 518
42 518
42 518
Free-cash
15 664
21 884
31 526
33 310

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32661
₽31783
₽30579
₽29525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
municipal
-
-
-
31 803
accident
-
-
-
171
pensions
-
-
-
9 272
other
-
-
-
9 967
unemployment
-
-
-
86
health
-
-
-
5 352
national
-
-
-
5 132
total
-
-
-
61 783
Employee
55 768
-
104 549
-
municipal
16 630
-
31 176
-
national
-
-
4 712
-
total
16 630
-
35 888
-
Employer
55 768
-
104 549
-
accident
112
-
171
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
pensions
6 028
-
9 272
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
58 210
131 500
-
-
income
12 806
28 930
-
-
total
12 806
28 930
-
-
Dividends
45 403
102 570
-
-
withholding
13 621
30 771
-
-
total
13 621
30 771
-
-
Income
131 500
131 500
131 500
131 500
Total tax
60 579
59 701
62 837
61 783
After tax
70 921
71 799
68 663
69 717
Living cost
39 138
39 138
39 138
39 138
Free-cash
31 783
32 661
29 525
30 579

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25856
₽40114
₽33473
₽47343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
trade
-
-
-
13 870
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.

-
-
-
35 405
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.

-
-
-
6 934
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.

-
-
-
1 947
total
-
-
-
58 156
Employee

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

51 470
-
131 500
-
health

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

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

6 934
-
6 934
-
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.

243
-
1 947
-
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.

4 422
-
35 405
-
total
11 599
-
44 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 030
131 500
-
-
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.

661
1 084
-
-
income
12 005
19 725
-
-
trade
13 165
21 632
-
-
chamber of commerce
268
341
-
-
total
26 099
42 782
-
-
Dividends
53 932
88 718
-
-
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.

720
1 198
-
-
withholding
13 097
21 793
-
-
total
13 817
22 991
-
-
Income
131 500
131 500
131 500
131 500
Total tax
51 515
65 773
44 286
58 156
After tax
79 985
65 727
87 214
73 344
Living cost
39 871
39 871
39 871
39 871
Free-cash
40 114
25 856
47 343
33 473

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63163
₽58959
₽59136
₽57751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
19 669
health
-
-
-
3 353
social contributions
-
-
-
16 422
total
-
-
-
39 444
Employee
78 045
78 045
120 533
-
social contributions
3 792
6 477
8 737
-
health
776
1 327
2 049
-
income
8 195
7 225
19 076
-
total
12 763
15 029
29 862
-
Employer
78 045
78 045
120 533
-
social contributions
3 792
6 477
8 737
-
health
846
1 445
2 230
-
total
4 638
7 922
10 967
-
Corporate
81 178
45 533
-
-
income
10 146
5 692
-
-
total
10 146
5 692
-
-
Dividends
71 032
39 842
-
-
withholding
12 074
6 774
-
-
total
12 074
6 774
-
-
Income
131 500
131 500
131 500
131 500
Total tax
39 621
35 417
40 829
39 444
After tax
91 879
96 083
90 671
92 056
Living cost
32 920
32 920
32 920
32 920
Free-cash
58 959
63 163
57 751
59 136

Estimated living cost  is ₽32920 per week

₽22504
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.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55491
₽55876
₽72617
₽57752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
16 076
pensions
-
-
-
13 150
unemployment
-
-
-
1 973
health
-
-
-
9 205
total
-
-
-
40 404
Employee

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
110 042
-
health
1 867
743
7 703
-
income
3 261
1 298
13 453
-
pensions
2 667
1 062
11 004
-
unemployment
400
159
1 651
-
total
8 195
3 262
33 811
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
110 042
-
pensions
5 202
2 070
21 458
-
total
5 202
2 070
21 458
-
Corporate
99 624
118 814
-
-
income
8 966
10 693
-
-
total
8 966
10 693
-
-
Dividends
90 658
108 120
-
-
social contributions
17 557
20 962
-
-
withholding
17 225
20 543
-
-
total
34 782
41 505
-
-
Income
131 500
131 500
131 500
131 500
Total tax
57 145
57 530
55 269
40 404
After tax
74 355
73 970
76 231
91 096
Living cost
18 479
18 479
18 479
18 479
Free-cash
55 876
55 491
57 752
72 617

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80685
₽74381
₽45967
₽51279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
17 622
pensions
-
-
-
26 300
health
-
-
-
17 096
total
-
-
-
61 018
Employee
28 793
-
98 281
-
income
3 242
-
18 949
-
pensions
576
-
1 967
-
unemployment
460
-
1 572
-
total
4 278
-
22 488
-
Employer
28 793
-
98 281
-
unemployment
231
-
786
-
pensions
5 759
-
19 655
-
health
3 742
-
12 777
-
total
9 732
-
33 218
-
Corporate
92 975
131 500
-
-
income
18 594
26 300
-
-
total
18 594
26 300
-
-
Dividends
74 381
105 200
-
-
total
-
-
-
-
Income
131 500
131 500
131 500
131 500
Total tax
32 604
26 300
55 706
61 018
After tax
98 896
105 200
75 794
70 482
Living cost
24 515
24 515
24 515
24 515
Free-cash
74 381
80 685
51 279
45 967

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
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.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11466
₽7258
₽67941
₽47710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
accident
-
-
-
254
income
-
-
-
34 440
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
41 442
Employee
34 791
-
115 659
-
health
3 984
-
13 243
-
income
4 773
-
24 919
-
pensions
3 918
-
7 670
-
total
12 675
-
45 832
-
Employer
34 791
-
115 659
-
accident
581
-
1 932
-
unemployment
852
-
2 833
-
pensions
5 657
-
11 076
-
total
7 090
-
15 841
-
Corporate
89 619
131 500
-
-
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.

80 657
118 350
-
-
total
80 657
118 350
-
-
Dividends
8 962
13 150
-
-
withholding
1 703
2 499
-
-
total
1 703
2 499
-
-
Income
131 500
131 500
131 500
131 500
Total tax
102 125
120 849
61 673
41 442
After tax
29 375
10 651
69 827
90 058
Living cost
22 117
22 117
22 117
22 117
Free-cash
7 258
-11 466
47 710
67 941

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115665
₽113929
₽120925
₽95940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
131 500
microenterprise

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

-
-
-
1 315
total
-
-
-
1 315
Employee
11 575
-
131 500
-
income
2 315
-
26 300
-
total
2 315
-
26 300
-
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%.

119 925
131 500
-
-
total
-
-
-
-
Dividends
119 925
131 500
-
-
withholding
5 996
6 575
-
-
total
5 996
6 575
-
-
Income
131 500
131 500
131 500
131 500
Total tax
8 311
6 575
26 300
1 315
After tax
123 189
124 925
105 200
130 185
Living cost
9 260
9 260
9 260
9 260
Free-cash
113 929
115 665
95 940
120 925

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69567
₽62715
₽43183
₽48621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
17 683
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.

-
-
-
31 558
other
-
-
-
6 246
health
-
-
-
5 786
total
-
-
-
61 273
Employee
36 852
-
105 034
-
health
516
-
1 470
-
income
6 344
-
19 496
-
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.

2 579
-
7 352
-
unemployment
368
-
1 050
-
total
9 807
-
29 368
-
Employer
36 852
-
105 034
-
accident
295
-
840
-
other
1 843
-
5 250
-
unemployment
368
-
1 050
-
pensions

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

6 265
-
17 857
-
health
516
-
1 470
-
total
9 287
-
26 467
-
Corporate
85 361
131 500
-
-
income
17 926
27 616
-
-
total
17 926
27 616
-
-
Dividends
67 435
103 884
-
-
withholding
4 721
7 273
-
-
total
4 721
7 273
-
-
Income
131 500
131 500
131 500
131 500
Total tax
41 741
34 889
55 835
61 273
After tax
89 759
96 611
75 665
70 227
Living cost
27 044
27 044
27 044
27 044
Free-cash
62 715
69 567
48 621
43 183

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22860
₽15971
₽22385
₽10211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
32 391
pensions
-
-
-
8 235
total
-
-
-
40 626
Employee
96 902
-
115 325
-
health
1 597
-
1 863
-
income
17 468
-
24 274
-
pensions
9 348
-
10 488
-
total
28 413
-
36 625
-
Employer
96 902
-
115 325
-
pensions
11 441
-
13 983
-
health
1 840
-
2 192
-
total
13 281
-
16 175
-
Corporate
21 316
131 500
-
-
income

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

4 051
24 985
-
-
total
4 051
24 985
-
-
Dividends
17 266
106 515
-
-
withholding
1 295
15 166
-
-
total
1 295
15 166
-
-
Income
131 500
131 500
131 500
131 500
Total tax
47 040
40 151
52 800
40 626
After tax
84 460
91 349
78 700
90 874
Living cost
68 489
68 489
68 489
68 489
Free-cash
15 971
22 860
10 211
22 385

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽99120
₽94403
₽88992
₽93640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
19 725
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
29 195
Employee
17 628
-
124 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
12 454
-
pensions

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

1 548
-
3 114
-
total
4 316
-
17 589
-
Employer
17 628
-
124 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
110 413
131 500
-
-
income
11 041
13 150
-
-
total
11 041
13 150
-
-
Dividends
99 372
118 350
-
-
withholding
4 968
5 917
-
-
total
4 968
5 917
-
-
Income
131 500
131 500
131 500
131 500
Total tax
23 784
19 067
24 547
29 195
After tax
107 716
112 433
106 953
102 305
Living cost
13 313
13 313
13 313
13 313
Free-cash
94 403
99 120
93 640
88 992

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8121
₽10672
₽19547
₽17763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
31 265
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
55 672
Employee
94 099
86 673
112 638
-
health
11 739
11 316
12 516
-
income

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

14 187
14 187
14 187
-
pensions
11 891
11 891
11 891
-
total
37 817
37 394
38 594
-
Employer
94 099
86 673
112 638
-
unemployment
3 388
3 120
3 877
-
pensions
6 549
6 032
7 498
-
health
6 539
6 025
7 487
-
total
16 476
15 177
18 862
-
Corporate
20 926
29 650
-
-
income
4 185
5 930
-
-
total
4 185
5 930
-
-
Dividends
16 740
23 720
-
-
income
3 557
5 040
-
-
withholding
2 512
3 557
-
-
total
6 069
8 597
-
-
Income
131 500
131 500
131 500
131 500
Total tax
64 547
67 098
57 456
55 672
After tax
66 953
64 402
74 044
75 828
Living cost
56 281
56 281
56 281
56 281
Free-cash
10 672
8 121
17 763
19 547

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66207
₽57527
₽42595
₽42400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
11 810
health
-
-
-
17 752
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 012
total
-
-
-
64 574
Employee
35 781
-
98 134
-
social contributions
2 326
-
6 379
-
health
4 830
-
13 248
-
solidarity contribution
-
-
-
-
income
4 294
-
11 776
-
total
11 450
-
31 403
-
Employer
35 781
-
98 134
-
social contributions
8 945
-
24 534
-
health
3 220
-
8 832
-
total
12 165
-
33 366
-
Corporate
83 553
131 500
-
-
income
15 875
24 985
-
-
total
15 875
24 985
-
-
Dividends
67 678
106 515
-
-
withholding
10 152
15 977
-
-
total
10 152
15 977
-
-
Income
131 500
131 500
131 500
131 500
Total tax
49 642
40 962
64 769
64 574
After tax
81 858
90 538
66 731
66 926
Living cost
24 331
24 331
24 331
24 331
Free-cash
57 527
66 207
42 400
42 595

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
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.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27332
₽22035
₽22536
₽16278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
municipal
-
-
-
782
regional
-
-
-
1 504
national
-
-
-
30 029
social contributions
-
-
-
33 822
total
-
-
-
66 137
Employee
90 203
-
131 500
-
social contributions
30 416
-
44 342
-
regional
851
-
1 323
-
municipal
478
-
697
-
national
15 630
-
26 033
-
total
47 375
-
72 395
-
Employer
90 203
-
131 500
-
total
-
-
-
-
Corporate
41 297
131 500
-
-
nationa
9 912
31 560
-
-
municipal
1 610
5 129
-
-
total
11 522
36 689
-
-
Dividends
29 776
94 810
-
-
withholding
7 741
24 652
-
-
total
7 741
24 652
-
-
Income
131 500
131 500
131 500
131 500
Total tax
66 638
61 341
72 395
66 137
After tax
64 862
70 159
59 105
65 363
Living cost
42 827
42 827
42 827
42 827
Free-cash
22 035
27 332
16 278
22 536

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60318
₽57158
₽40505
₽38329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
28 781
pensions
-
-
-
26 300
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 338
surtax
-
-
-
3 948
total
-
-
-
68 598
Employee
33 564
-
108 634
-
other
-
-
-
-
health
857
-
2 772
-
surtax
110
-
3 606
-
income
5 626
-
26 722
-
pensions
2 238
-
7 246
-
unemployment
2 336
-
7 562
-
total
11 167
-
47 908
-
Employer
33 564
-
108 634
-
other
-
-
-
-
unemployment
1 063
-
3 444
-
pensions
4 474
-
14 480
-
health
1 527
-
4 942
-
total
7 064
-
22 866
-
Corporate
90 871
131 500
-
-
income
23 627
34 189
-
-
total
23 627
34 189
-
-
Dividends
67 244
97 311
-
-
withholding
10 087
14 596
-
-
total
10 087
14 596
-
-
Income
131 500
131 500
131 500
131 500
Total tax
51 945
48 785
70 774
68 598
After tax
79 555
82 715
60 726
62 902
Living cost
22 397
22 397
22 397
22 397
Free-cash
57 158
60 318
38 329
40 505

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44559
₽43678
₽44084
₽31910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
32 391
pensions
-
-
-
8 235
total
-
-
-
40 626
Employee
64 941
-
115 325
-
health
943
-
1 863
-
income
11 696
-
24 274
-
pensions
5 512
-
10 488
-
total
18 151
-
36 625
-
Employer
64 941
-
115 325
-
pensions
7 030
-
13 983
-
health
1 234
-
2 192
-
total
8 264
-
16 175
-
Corporate
58 295
131 500
-
-
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.

11 076
24 985
-
-
total
11 076
24 985
-
-
Dividends
47 219
106 515
-
-
withholding
3 541
15 166
-
-
total
3 541
15 166
-
-
Income
131 500
131 500
131 500
131 500
Total tax
41 032
40 151
52 800
40 626
After tax
90 468
91 349
78 700
90 874
Living cost
46 790
46 790
46 790
46 790
Free-cash
43 678
44 559
31 910
44 084

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17211
₽15882
₽30990
₽24538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
city
-
-
-
1 387
pensions
-
-
-
12 099
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.

-
-
-
2 630
regional
-
-
-
5 397
health
-
-
-
296
national
-
-
-
1 359
total
-
-
-
23 168
Employee
90 510
-
117 698
-
city
971
-
1 265
-
regional
2 964
-
4 630
-
health
205
-
264
-
pensions
7 604
-
9 888
-
unemployment
-
-
-
-
national
428
-
1 067
-
total
12 172
-
17 114
-
Employer
90 510
-
117 698
-
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.

1 810
-
2 354
-
unemployment
-
-
-
-
pensions
7 604
-
9 888
-
health
205
-
264
-
total
9 619
-
12 506
-
Corporate
30 376
131 500
-
-
regional
6 424
27 812
-
-
national
2 582
11 178
-
-
total
9 006
38 990
-
-
Dividends
21 370
92 510
-
-
withholding
7 479
32 379
-
-
total
7 479
32 379
-
-
Income
131 500
131 500
131 500
131 500
Total tax
38 276
71 369
29 620
23 168
After tax
93 224
60 131
101 880
108 332
Living cost
77 342
77 342
77 342
77 342
Free-cash
15 882
-17 211
24 538
30 990

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18555
₽35011
₽26260
₽40719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
trade
-
-
-
14 459
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.

-
-
-
35 405
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.

-
-
-
6 934
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.

-
-
-
1 947
total
-
-
-
58 745
Employee

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

60 997
-
131 500
-
health

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

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

6 934
-
6 934
-
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.

395
-
1 947
-
income

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

7 173
-
35 405
-
total
14 502
-
44 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 503
131 500
-
-
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.

582
1 084
-
-
income
10 576
19 725
-
-
trade
12 092
22 552
-
-
chamber of commerce
254
339
-
-
total
23 504
43 700
-
-
Dividends
47 000
87 800
-
-
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.

624
1 186
-
-
withholding
11 364
21 564
-
-
total
11 988
22 750
-
-
Income
131 500
131 500
131 500
131 500
Total tax
49 994
66 450
44 286
58 745
After tax
81 506
65 050
87 214
72 755
Living cost
46 495
46 495
46 495
46 495
Free-cash
35 011
18 555
40 719
26 260

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31551
₽37547
₽40147
₽42834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
16 768
pensions
-
-
-
27 955
other
-
-
-
4 076
health
-
-
-
4 083
surtax
-
-
-
-
social contributions
-
-
-
3 746
total
-
-
-
56 628
Employee
43 438
-
104 522
-
social contributions
1 238
-
2 980
-
surtax
-
-
-
-
income
2 564
-
17 864
-
pensions
4 911
-
6 119
-
total
8 713
-
26 963
-
Employer
43 438
-
104 522
-
other
1 498
-
3 606
-
social contributions
131
-
314
-
unemployment
1 758
-
4 233
-
pensions
7 136
-
10 511
-
health
3 041
-
8 314
-
total
13 564
-
26 978
-
Corporate
74 496
131 500
-
-
surtax
-
-
-
-
income
20 859
36 820
-
-
total
20 859
36 820
-
-
Dividends
53 637
94 680
-
-
surtax
-
-
-
-
social contributions
9 226
16 285
-
-
withholding
6 866
12 119
-
-
total
16 092
28 404
-
-
Income
131 500
131 500
131 500
131 500
Total tax
59 228
65 224
53 941
56 628
After tax
72 272
66 276
77 559
74 872
Living cost
34 725
34 725
34 725
34 725
Free-cash
37 547
31 551
42 834
40 147

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34992
₽40630
₽43588
₽46275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
16 768
pensions
-
-
-
27 955
other
-
-
-
4 076
health
-
-
-
4 083
surtax
-
-
-
-
social contributions
-
-
-
3 746
total
-
-
-
56 628
Employee
38 775
-
104 522
-
social contributions
1 106
-
2 980
-
surtax
-
-
-
-
income
1 999
-
17 864
-
pensions
4 386
-
6 119
-
total
7 491
-
26 963
-
Employer
38 775
-
104 522
-
other
1 339
-
3 606
-
social contributions
116
-
314
-
unemployment
1 570
-
4 233
-
pensions
6 371
-
10 511
-
health
2 714
-
8 314
-
total
12 110
-
26 978
-
Corporate
80 616
131 500
-
-
surtax
-
-
-
-
income
22 573
36 820
-
-
total
22 573
36 820
-
-
Dividends
58 043
94 680
-
-
surtax
-
-
-
-
social contributions
9 983
16 285
-
-
withholding
7 429
12 119
-
-
total
17 412
28 404
-
-
Income
131 500
131 500
131 500
131 500
Total tax
59 586
65 224
53 941
56 628
After tax
71 914
66 276
77 559
74 872
Living cost
31 284
31 284
31 284
31 284
Free-cash
40 630
34 992
46 275
43 588

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58704
₽59231
₽62926
₽61603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
19 725
health
-
-
-
9 180
social contributions
-
-
-
18 147
total
-
-
-
47 052
Employee
34 413
-
131 500
-
social contributions
4 750
-
18 147
-
health
2 402
-
9 180
-
income
5 740
-
21 048
-
total
12 892
-
48 375
-
Employer
34 413
-
131 500
-
total
-
-
-
-
Corporate
97 087
131 500
-
-
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%.

4 854
6 576
-
-
total
4 854
6 576
-
-
Dividends
92 233
124 924
-
-
health
6 439
8 719
-
-
social contributions
12 727
17 240
-
-
withholding
13 835
18 739
-
-
total
33 001
44 698
-
-
Income
131 500
131 500
131 500
131 500
Total tax
50 747
51 274
48 375
47 052
After tax
80 753
80 226
83 125
84 448
Living cost
21 522
21 522
21 522
21 522
Free-cash
59 231
58 704
61 603
62 926

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37449
₽35874
₽30320
₽272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
chamber of commerce
-
-
-
526
income
-
-
-
27 460
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
200
total
-
-
-
65 417
Employee
50 723
40 447
101 956
-
other
507
404
1 019
-
health
1 963
1 566
3 946
-
income
5 774
2 983
22 932
-
pensions
5 195
4 141
10 441
-
unemployment
1 522
1 213
3 059
-
total
14 961
10 307
41 397
-
Employer
50 723
40 447
101 956
-
accident
659
526
1 325
-
other
2 410
1 920
4 842
-
chamber of commerce
202
162
408
-
unemployment
1 522
1 213
3 059
-
surtax
200
200
200
-
pensions
6 366
5 077
12 795
-
payroll
1 522
1 213
3 059
-
health
1 916
1 529
3 854
-
total
14 797
11 840
29 542
-
Corporate
65 981
79 211
98 106
-
income

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

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

16 495
19 804
24 526
-
total
16 495
19 804
24 526
-
Dividends
49 487
59 408
-
-
withholding
13 610
16 337
-
-
total
13 610
16 337
-
-
Income
131 500
131 500
131 500
131 500
Total tax
59 863
58 288
95 465
65 417
After tax
71 637
73 212
36 035
66 083
Living cost
35 763
35 763
35 763
35 763
Free-cash
35 874
37 449
272
30 320

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36635
₽21412
₽21660
₽11930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
national
-
-
-
45 347
communal

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

-
-
-
6 639
social contributions
-
-
-
20 848
total
-
-
-
72 834
Employee

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

72 600
-
101 852
-
communal

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

3 787
-
5 312
-
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.

3 411
-
4 786
-
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.

5 445
-
7 639
-
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.

632
-
886
-
national
22 320
-
34 292
-
total
35 595
-
52 915
-
Employer

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

72 600
-
101 852
-
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.

944
-
1 325
-
unemployment

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

1 059
-
1 487
-
surtax
8 232
-
11 549
-
pensions

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

6 433
-
9 024
-
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.

4 465
-
6 264
-
total
21 133
-
29 649
-
Corporate
37 767
131 500
-
-
surtax
150
526
-
-
income
7 554
26 300
-
-
total
7 704
26 826
-
-
Dividends
30 063
104 674
-
-
withholding

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

8 650
31 033
-
-
total
8 650
31 033
-
-
Income
131 500
131 500
131 500
131 500
Total tax
73 082
57 859
82 564
72 834
After tax
58 418
73 641
48 936
58 666
Living cost
37 006
37 006
37 006
37 006
Free-cash
21 412
36 635
11 930
21 660

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51569
₽43795
₽36690
₽31814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
accident
-
-
-
847
income
-
-
-
29 934
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
58 156
Employee
50 522
-
101 509
-
other
50
-
94
-
income
10 660
-
27 068
-
pensions
2 375
-
4 422
-
unemployment
784
-
1 458
-
total
13 869
-
33 042
-
Employer
50 522
-
101 509
-
accident
1 000
-
1 862
-
other
403
-
753
-
unemployment
2 779
-
5 173
-
pensions
11 922
-
22 202
-
total
16 104
-
29 990
-
Corporate
64 874
131 500
-
-
income

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

9 730
19 725
-
-
total
9 730
19 725
-
-
Dividends
55 144
111 775
-
-
withholding
11 348
23 552
-
-
total
11 348
23 552
-
-
Income
131 500
131 500
131 500
131 500
Total tax
51 051
43 277
63 032
58 156
After tax
80 449
88 223
68 468
73 344
Living cost
36 654
36 654
36 654
36 654
Free-cash
43 795
51 569
31 814
36 690

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24016
₽13843
₽15152
₽20395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
accident
-
-
-
1 109
income
-
-
-
16 303
pensions
-
-
-
19 709
health
-
-
-
9 239
surtax
-
-
-
6 520
communal
-
-
-
8 311
total
-
-
-
61 191
Employee
76 861
-
117 463
-
health
3 421
-
5 227
-
surtax
4 711
-
7 200
-
income
7 424
-
20 088
-
pensions
6 148
-
9 397
-
total
21 704
-
41 912
-
Employer
76 861
-
117 463
-
accident
691
-
1 057
-
pensions
6 148
-
9 397
-
health
2 344
-
3 582
-
total
9 183
-
14 036
-
Corporate
45 455
131 500
-
-
surtax
478
1 381
-
-
communal
3 068
8 877
-
-
income
6 818
19 725
-
-
total
10 364
29 983
-
-
Dividends
35 091
101 517
-
-
income
15 985
7 117
-
-
withholding
5 264
15 227
-
-
total
21 249
22 344
-
-
Income
131 500
131 500
131 500
131 500
Total tax
62 500
52 327
55 948
61 191
After tax
69 000
79 173
75 552
70 309
Living cost
55 157
55 157
55 157
55 157
Free-cash
13 843
24 016
20 395
15 152

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59918
₽56689
₽40105
₽37929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
28 781
pensions
-
-
-
26 300
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 338
surtax
-
-
-
3 948
total
-
-
-
68 598
Employee
34 180
-
108 634
-
other
-
-
-
-
health
873
-
2 772
-
surtax
121
-
3 606
-
income
5 730
-
26 722
-
pensions
2 280
-
7 246
-
unemployment
2 379
-
7 562
-
total
11 383
-
47 908
-
Employer
34 180
-
108 634
-
other
-
-
-
-
unemployment
1 084
-
3 444
-
pensions
4 557
-
14 480
-
health
1 554
-
4 942
-
total
7 195
-
22 866
-
Corporate
90 124
131 500
-
-
income
23 432
34 189
-
-
total
23 432
34 189
-
-
Dividends
66 692
97 311
-
-
withholding
10 004
14 596
-
-
total
10 004
14 596
-
-
Income
131 500
131 500
131 500
131 500
Total tax
52 014
48 785
70 774
68 598
After tax
79 486
82 715
60 726
62 902
Living cost
22 797
22 797
22 797
22 797
Free-cash
56 689
59 918
37 929
40 105

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41778
₽39524
₽37543
₽31318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
municipal
-
-
-
782
regional
-
-
-
1 983
national
-
-
-
30 029
social contributions
-
-
-
33 822
total
-
-
-
66 616
Employee
56 301
-
131 500
-
social contributions
18 985
-
44 342
-
regional
758
-
1 769
-
municipal
299
-
697
-
national
8 920
-
26 033
-
total
28 962
-
72 841
-
Employer
56 301
-
131 500
-
total
-
-
-
-
Corporate
75 199
131 500
-
-
nationa
18 047
31 560
-
-
municipal
3 737
6 535
-
-
total
21 784
38 095
-
-
Dividends
53 415
93 404
-
-
withholding
13 889
24 286
-
-
total
13 889
24 286
-
-
Income
131 500
131 500
131 500
131 500
Total tax
64 635
62 381
72 841
66 616
After tax
66 865
69 119
58 659
64 884
Living cost
27 341
27 341
27 341
27 341
Free-cash
39 524
41 778
31 318
37 543

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽60556
₽49860
₽36944
₽36749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
11 810
health
-
-
-
17 752
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 012
total
-
-
-
64 574
Employee
44 092
-
98 134
-
social contributions
2 866
-
6 379
-
health
5 952
-
13 248
-
solidarity contribution
-
-
-
-
income
5 291
-
11 776
-
total
14 109
-
31 403
-
Employer
44 092
-
98 134
-
social contributions
11 023
-
24 534
-
health
3 968
-
8 832
-
total
14 991
-
33 366
-
Corporate
72 417
131 500
-
-
income
13 759
24 985
-
-
total
13 759
24 985
-
-
Dividends
58 658
106 515
-
-
withholding
8 799
15 977
-
-
total
8 799
15 977
-
-
Income
131 500
131 500
131 500
131 500
Total tax
51 658
40 962
64 769
64 574
After tax
79 842
90 538
66 731
66 926
Living cost
29 982
29 982
29 982
29 982
Free-cash
49 860
60 556
36 749
36 944

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40939
₽40436
₽33902
₽3691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
chamber of commerce
-
-
-
526
income
-
-
-
27 460
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
-
total
-
-
-
65 217
Employee
44 366
40 447
102 108
-
other
443
404
1 021
-
health
1 716
1 566
3 952
-
income
3 952
2 983
22 986
-
pensions
4 544
4 141
10 457
-
unemployment
1 331
1 213
3 062
-
total
11 986
10 307
41 478
-
Employer
44 366
40 447
102 108
-
accident
576
526
1 327
-
other
2 107
1 920
4 852
-
chamber of commerce
177
162
408
-
unemployment
1 331
1 213
3 062
-
surtax
-
-
-
-
pensions
5 568
5 077
12 814
-
payroll
1 331
1 213
3 062
-
health
1 678
1 529
3 860
-
total
12 768
11 640
29 385
-
Corporate
74 366
79 412
98 262
-
income

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

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

18 592
19 854
24 565
-
total
18 592
19 854
24 565
-
Dividends
55 773
59 558
-
-
withholding
15 337
16 379
-
-
total
15 337
16 379
-
-
Income
131 500
131 500
131 500
131 500
Total tax
58 683
58 180
95 428
65 217
After tax
72 817
73 320
36 072
66 283
Living cost
32 381
32 381
32 381
32 381
Free-cash
40 436
40 939
3 691
33 902

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110495
₽107789
₽115755
₽90770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
131 500
microenterprise

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

-
-
-
1 315
total
-
-
-
1 315
Employee
18 038
-
131 500
-
income
3 608
-
26 300
-
total
3 608
-
26 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

113 462
131 500
-
-
total
-
-
-
-
Dividends
113 462
131 500
-
-
withholding
5 673
6 575
-
-
total
5 673
6 575
-
-
Income
131 500
131 500
131 500
131 500
Total tax
9 281
6 575
26 300
1 315
After tax
122 219
124 925
105 200
130 185
Living cost
14 430
14 430
14 430
14 430
Free-cash
107 789
110 495
90 770
115 755

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63315
₽54825
₽39403
₽35730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
income
-
-
-
27 723
pensions
-
-
-
24 016
unemployment
-
-
-
196
health
-
-
-
12 939
total
-
-
-
64 874
Employee

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

44 881
-
113 786
-
health
2 899
-
7 350
-
income
7 740
-
25 687
-
pensions
6 957
-
17 637
-
unemployment
64
-
160
-
total
17 660
-
50 834
-
Employer

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

44 881
-
113 786
-
unemployment
27
-
67
-
pensions
3 972
-
10 069
-
health
2 989
-
7 577
-
total
6 988
-
17 713
-
Corporate
79 631
131 500
-
-
income
15 129
24 985
-
-
total
15 129
24 985
-
-
Dividends
64 502
106 515
-
-
withholding
9 675
15 977
-
-
total
9 675
15 977
-
-
Income
131 500
131 500
131 500
131 500
Total tax
49 452
40 962
68 547
64 874
After tax
82 048
90 538
62 953
66 626
Living cost
27 223
27 223
27 223
27 223
Free-cash
54 825
63 315
35 730
39 403

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35993
-₽20588
₽46865
₽74070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
25 632
social contributions
-
-
-
14 991
total
-
-
-
40 623
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
Corporate
-
131 500
-
-
income
-
28 930
-
-
total
-
28 930
-
-
Dividends
-
102 570
-
-
income
-
22 565
-
-
total
-
22 565
-
-
Income
131 500
131 500
131 500
131 500
Total tax
108 076
51 495
13 418
40 623
After tax
23 424
80 005
118 082
90 877
Living cost
44 012
44 012
44 012
44 012
Free-cash
-20 588
35 993
74 070
46 865

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
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.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42961
₽41939
₽40178
₽31652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
income
-
-
-
13 790
surtax
-
-
-
-
social contributions

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

-
-
-
45 696
total
-
-
-
59 486
Employee
46 680
-
106 263
-
social contributions
5 135
-
11 689
-
surtax
-
-
-
-
income
9 710
-
31 086
-
total
14 845
-
42 775
-
Employer
46 680
-
106 263
-
social contributions
11 086
-
25 237
-
total
11 086
-
25 237
-
Corporate
73 734
131 500
-
-
surtax
-
-
-
-
income
15 484
27 616
-
-
total
15 484
27 616
-
-
Dividends
58 250
103 884
-
-
withholding
16 310
29 087
-
-
total
16 310
29 087
-
-
Income
131 500
131 500
131 500
131 500
Total tax
57 725
56 703
68 012
59 486
After tax
73 775
74 797
63 488
72 014
Living cost
31 836
31 836
31 836
31 836
Free-cash
41 939
42 961
31 652
40 178

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17255
₽24233
₽25851
₽28538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
16 768
pensions
-
-
-
27 955
other
-
-
-
4 076
health
-
-
-
4 083
surtax
-
-
-
-
social contributions
-
-
-
3 746
total
-
-
-
56 628
Employee
63 568
-
104 522
-
social contributions
1 810
-
2 980
-
surtax
-
-
-
-
income
5 546
-
17 864
-
pensions
7 190
-
6 119
-
total
14 546
-
26 963
-
Employer
63 568
-
104 522
-
other
2 194
-
3 606
-
social contributions
191
-
314
-
unemployment
2 575
-
4 233
-
pensions
10 445
-
10 511
-
health
4 449
-
8 314
-
total
19 854
-
26 978
-
Corporate
48 078
131 500
-
-
surtax
-
-
-
-
income
13 461
36 820
-
-
total
13 461
36 820
-
-
Dividends
34 617
94 680
-
-
surtax
-
-
-
-
social contributions
5 953
16 285
-
-
withholding
4 432
12 119
-
-
total
10 385
28 404
-
-
Income
131 500
131 500
131 500
131 500
Total tax
58 246
65 224
53 941
56 628
After tax
73 254
66 276
77 559
74 872
Living cost
49 021
49 021
49 021
49 021
Free-cash
24 233
17 255
28 538
25 851

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87842
₽84430
₽67969
₽71462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
4 093
social contributions
-
-
-
28 929
total
-
-
-
33 022
Employee
32 630
-
113 852
-
income
-
-
4 482
-
social contributions
2 121
-
7 400
-
total
2 121
-
11 882
-
Employer
32 630
-
113 852
-
social contributions
5 058
-
17 647
-
total
5 058
-
17 647
-
Corporate
93 813
131 500
-
-
income
9 382
13 149
-
-
total
9 382
13 149
-
-
Dividends
84 431
118 351
-
-
total
-
-
-
-
Income
131 500
131 500
131 500
131 500
Total tax
16 561
13 149
29 529
33 022
After tax
114 939
118 351
101 971
98 478
Living cost
30 509
30 509
30 509
30 509
Free-cash
84 430
87 842
71 462
67 969

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽89640
-₽89640
₽31119
-₽89640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
municipal
-
-
-
25 988
pensions
-
-
-
880
national
-
-
-
14 182
labour market
-
-
-
10 450
total
-
-
-
51 500
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
131 500
131 500
131 500
131 500
Total tax
172 259
172 259
172 259
51 500
After tax
-40 759
-40 759
-40 759
80 000
Living cost
48 881
48 881
48 881
48 881
Free-cash
-89 640
-89 640
-89 640
31 119

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11139
₽7309
₽68268
₽48037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
accident
-
-
-
254
income
-
-
-
34 440
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
41 442
Employee
34 278
-
115 659
-
health
3 925
-
13 243
-
income
4 703
-
24 919
-
pensions
3 860
-
7 670
-
total
12 488
-
45 832
-
Employer
34 278
-
115 659
-
accident
572
-
1 932
-
unemployment
840
-
2 833
-
pensions
5 574
-
11 076
-
total
6 986
-
15 841
-
Corporate
90 236
131 500
-
-
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.

81 213
118 350
-
-
total
81 213
118 350
-
-
Dividends
9 024
13 150
-
-
withholding
1 714
2 499
-
-
total
1 714
2 499
-
-
Income
131 500
131 500
131 500
131 500
Total tax
102 401
120 849
61 673
41 442
After tax
29 099
10 651
69 827
90 058
Living cost
21 790
21 790
21 790
21 790
Free-cash
7 309
-11 139
48 037
68 268

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽46175
₽46660
₽51052
₽33024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
131 500
municipal
-
-
-
23 382
health
-
-
-
1 601
national
-
-
-
16 498
total
-
-
-
41 481
Employee
53 399
-
110 627
-
health
399
-
1 281
-
municipal
8 746
-
18 039
-
pensions
3 604
-
7 467
-
unemployment
801
-
1 660
-
national
882
-
10 190
-
total
14 432
-
38 637
-
Employer
53 399
-
110 627
-
accident
54
-
110
-
unemployment
347
-
718
-
pensions
9 264
-
19 193
-
health
410
-
851
-
total
10 075
-
20 872
-
Corporate
68 026
131 500
-
-
income
13 606
26 300
-
-
total
13 606
26 300
-
-
Dividends

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

40 815
78 900
-
-
national
414
5 855
-
-
municipal
7 346
14 203
-
-
total
7 760
20 058
-
-
Income
131 500
131 500
131 500
131 500
Total tax
45 873
46 358
59 509
41 481
After tax
85 627
85 142
71 991
90 019
Living cost
38 967
38 967
38 967
38 967
Free-cash
46 660
46 175
33 024
51 052

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and 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

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
₽72584
₽67061
₽68557
₽67172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
19 669
health
-
-
-
3 353
social contributions
-
-
-
16 422
total
-
-
-
39 444
Employee
78 045
78 045
120 533
-
social contributions
2 951
6 477
8 737
-
health
605
1 327
2 049
-
income
8 498
7 225
19 076
-
total
12 054
15 029
29 862
-
Employer
78 045
78 045
120 533
-
social contributions
2 951
6 477
8 737
-
health
657
1 445
2 230
-
total
3 608
7 922
10 967
-
Corporate
92 340
45 533
-
-
income
11 543
5 692
-
-
total
11 543
5 692
-
-
Dividends
80 797
39 842
-
-
withholding
13 735
6 774
-
-
total
13 735
6 774
-
-
Income
131 500
131 500
131 500
131 500
Total tax
40 940
35 417
40 829
39 444
After tax
90 560
96 083
90 671
92 056
Living cost
23 499
23 499
23 499
23 499
Free-cash
67 061
72 584
67 172
68 557

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92779
₽87617
₽92238
₽71881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131 500
income
-
-
-
12 990
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
23 148
Employee

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

23 297
-
121 581
-
health
1 980
-
8 186
-
income
1 593
-
10 472
-
pensions
3 494
-
14 445
-
unemployment
116
-
482
-
total
7 183
-
33 585
-
Employer

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

23 297
-
121 581
-
unemployment
116
-
482
-
pensions
1 281
-
5 297
-
health
1 002
-
4 141
-
total
2 399
-
9 920
-
Corporate
105 805
131 500
-
-
income
9 522
11 836
-
-
total
9 522
11 836
-
-
Dividends
96 283
119 664
-
-
withholding
8 665
10 771
-
-
total
8 665
10 771
-
-
Income
131 500
131 500
131 500
131 500
Total tax
27 769
22 607
43 505
23 148
After tax
103 731
108 893
87 995
108 352
Living cost
16 114
16 114
16 114
16 114
Free-cash
87 617
92 779
71 881
92 238

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60313
₽55299
₽45434
₽40558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
accident
-
-
-
847
income
-
-
-
29 934
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
58 156
Employee
37 529
-
101 509
-
other
37
-
94
-
income
7 235
-
27 068
-
pensions
1 764
-
4 422
-
unemployment
582
-
1 458
-
total
9 618
-
33 042
-
Employer
37 529
-
101 509
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 065
-
5 173
-
pensions
8 856
-
22 202
-
total
11 964
-
29 990
-
Corporate
82 007
131 500
-
-
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.

12 302
19 725
-
-
total
12 302
19 725
-
-
Dividends
69 705
111 775
-
-
withholding
14 407
23 552
-
-
total
14 407
23 552
-
-
Income
131 500
131 500
131 500
131 500
Total tax
48 291
43 277
63 032
58 156
After tax
83 209
88 223
68 468
73 344
Living cost
27 910
27 910
27 910
27 910
Free-cash
55 299
60 313
40 558
45 434

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79269
₽78812
₽81051
₽80853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
44 155
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
47 662
Employee
4 245
-
129 213
-
health
212
-
508
-
income
821
-
44 048
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
45 573
-
Employer
4 245
-
129 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
126 299
131 500
-
-
income
27 786
28 930
-
-
total
27 786
28 930
-
-
Dividends
98 514
102 570
-
-
withholding
19 703
20 514
-
-
total
19 703
20 514
-
-
Income
131 500
131 500
131 500
131 500
Total tax
49 901
49 444
47 860
47 662
After tax
81 599
82 056
83 640
83 838
Living cost
2 787
2 787
2 787
2 787
Free-cash
78 812
79 269
80 853
81 051

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77449
₽72451
₽56940
₽56939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
income
-
-
-
28 634
pensions
-
-
-
19 511
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
57 000
Employee

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

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

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

26 480
-
118 068
-
health
1 364
-
3 865
-
income
3 650
-
28 634
-
pensions
3 707
-
10 506
-
unemployment
199
-
563
-
total
8 920
-
43 568
-
Employer

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

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

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

26 480
-
118 068
-
unemployment
199
-
563
-
pensions
3 178
-
9 005
-
health
1 364
-
3 865
-
total
4 741
-
13 433
-
Corporate
100 280
131 500
-
-
income
15 042
19 725
-
-
total
15 042
19 725
-
-
Dividends
85 238
111 775
-
-
withholding
12 786
16 766
-
-
total
12 786
16 766
-
-
Income
131 500
131 500
131 500
131 500
Total tax
41 489
36 491
57 001
57 000
After tax
90 011
95 009
74 499
74 500
Living cost
17 560
17 560
17 560
17 560
Free-cash
72 451
77 449
56 939
56 940

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47435
₽47068
₽44652
₽36126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
income
-
-
-
13 790
surtax
-
-
-
-
social contributions

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

-
-
-
45 696
total
-
-
-
59 486
Employee
39 393
-
106 263
-
social contributions
4 334
-
11 689
-
surtax
-
-
-
-
income
7 697
-
31 086
-
total
12 031
-
42 775
-
Employer
39 393
-
106 263
-
social contributions
9 355
-
25 237
-
total
9 355
-
25 237
-
Corporate
82 753
131 500
-
-
surtax
-
-
-
-
income
17 379
27 616
-
-
total
17 379
27 616
-
-
Dividends
65 374
103 884
-
-
withholding
18 305
29 087
-
-
total
18 305
29 087
-
-
Income
131 500
131 500
131 500
131 500
Total tax
57 070
56 703
68 012
59 486
After tax
74 430
74 797
63 488
72 014
Living cost
27 362
27 362
27 362
27 362
Free-cash
47 068
47 435
36 126
44 652

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52553
₽45121
₽37674
₽32798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
accident
-
-
-
847
income
-
-
-
29 934
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
58 156
Employee
49 017
-
101 509
-
other
48
-
94
-
income
10 238
-
27 068
-
pensions
2 304
-
4 422
-
unemployment
759
-
1 458
-
total
13 349
-
33 042
-
Employer
49 017
-
101 509
-
accident
971
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 173
-
pensions
11 568
-
22 202
-
total
15 628
-
29 990
-
Corporate
66 854
131 500
-
-
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.

10 029
19 725
-
-
total
10 029
19 725
-
-
Dividends
56 825
111 775
-
-
withholding
11 703
23 552
-
-
total
11 703
23 552
-
-
Income
131 500
131 500
131 500
131 500
Total tax
50 709
43 277
63 032
58 156
After tax
80 791
88 223
68 468
73 344
Living cost
35 670
35 670
35 670
35 670
Free-cash
45 121
52 553
32 798
37 674

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94966
₽88778
₽84838
₽89486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
19 725
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
29 195
Employee
23 129
-
124 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
12 454
-
pensions

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

2 030
-
3 114
-
total
5 661
-
17 589
-
Employer
23 129
-
124 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
103 833
131 500
-
-
income
10 383
13 150
-
-
total
10 383
13 150
-
-
Dividends
93 451
118 350
-
-
withholding
4 673
5 917
-
-
total
4 673
5 917
-
-
Income
131 500
131 500
131 500
131 500
Total tax
25 255
19 067
24 547
29 195
After tax
106 245
112 433
106 953
102 305
Living cost
17 467
17 467
17 467
17 467
Free-cash
88 778
94 966
89 486
84 838

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28570
₽41845
₽35930
₽48030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
trade
-
-
-
12 100
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.

-
-
-
35 405
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.

-
-
-
6 934
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.

-
-
-
1 947
total
-
-
-
56 386
Employee

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

50 500
-
131 500
-
health

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

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

6 934
-
6 934
-
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.

229
-
1 947
-
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.

4 153
-
35 405
-
total
11 316
-
44 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 000
131 500
-
-
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.

668
1 084
-
-
income
12 150
19 725
-
-
trade
11 624
18 870
-
-
chamber of commerce
274
347
-
-
total
24 716
40 026
-
-
Dividends
56 285
91 475
-
-
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.

753
1 237
-
-
withholding
13 685
22 483
-
-
total
14 438
23 720
-
-
Income
131 500
131 500
131 500
131 500
Total tax
50 470
63 746
44 286
56 386
After tax
81 030
67 754
87 214
75 114
Living cost
39 184
39 184
39 184
39 184
Free-cash
41 845
28 570
48 030
35 930

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34234
₽36475
₽25533
₽25533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
35 825
social contributions
-
-
-
12 326
total
-
-
-
48 151
Employee
79 392
-
131 500
-
income
14 981
-
35 825
-
social contributions
6 596
-
12 326
-
total
21 577
-
48 151
-
Employer
79 392
-
131 500
-
total
-
-
-
-
Corporate
52 108
131 500
-
-
income
6 514
16 437
-
-
total
6 514
16 437
-
-
Dividends
45 594
115 063
-
-
withholding
9 118
23 013
-
-
total
9 118
23 013
-
-
Income
131 500
131 500
131 500
131 500
Total tax
37 209
39 450
48 151
48 151
After tax
94 291
92 050
83 349
83 349
Living cost
57 816
57 816
57 816
57 816
Free-cash
36 475
34 234
25 533
25 533

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43270
₽46818
₽58955
₽59541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
income
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
126 831
-
income
5 052
-
25 778
-
social contributions
4 665
-
4 669
-
total
9 717
-
30 447
-
Employer
46 560
-
126 831
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
80 275
131 500
-
-
income
28 095
46 025
-
-
total
28 095
46 025
-
-
Dividends
52 180
85 475
-
-
social contributions
5 362
5 362
-
-
total
5 362
5 362
-
-
Income
131 500
131 500
131 500
131 500
Total tax
47 839
51 387
35 116
35 702
After tax
83 661
80 113
96 384
95 798
Living cost
36 843
36 843
36 843
36 843
Free-cash
46 818
43 270
59 541
58 955

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53310
₽54710
₽52835
₽40661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
income
-
-
-
32 391
pensions
-
-
-
8 235
total
-
-
-
40 626
Employee
52 214
-
115 325
-
health
681
-
1 863
-
income
9 509
-
24 274
-
pensions
3 985
-
10 488
-
total
14 175
-
36 625
-
Employer
52 214
-
115 325
-
pensions
5 275
-
13 983
-
health
992
-
2 192
-
total
6 267
-
16 175
-
Corporate
73 019
131 500
-
-
income

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

13 873
24 985
-
-
total
13 873
24 985
-
-
Dividends
59 146
106 515
-
-
withholding
4 436
15 166
-
-
total
4 436
15 166
-
-
Income
131 500
131 500
131 500
131 500
Total tax
38 751
40 151
52 800
40 626
After tax
92 749
91 349
78 700
90 874
Living cost
38 039
38 039
38 039
38 039
Free-cash
54 710
53 310
40 661
52 835

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13297
₽6978
₽66110
₽45879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
accident
-
-
-
254
income
-
-
-
34 440
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
41 442
Employee
37 671
-
115 659
-
health
4 313
-
13 243
-
income
5 168
-
24 919
-
pensions
4 242
-
7 670
-
total
13 723
-
45 832
-
Employer
37 671
-
115 659
-
accident
629
-
1 932
-
unemployment
923
-
2 833
-
pensions
6 125
-
11 076
-
total
7 677
-
15 841
-
Corporate
86 152
131 500
-
-
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.

77 537
118 350
-
-
total
77 537
118 350
-
-
Dividends
8 615
13 150
-
-
withholding
1 637
2 499
-
-
total
1 637
2 499
-
-
Income
131 500
131 500
131 500
131 500
Total tax
100 574
120 849
61 673
41 442
After tax
30 926
10 651
69 827
90 058
Living cost
23 948
23 948
23 948
23 948
Free-cash
6 978
-13 297
45 879
66 110

Estimated living cost  is ₽23948 per week

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

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽96952
₽92204
₽60666
₽74516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
131 500
work injury
-
-
-
657
health insurance
-
-
-
9 731
income
-
-
-
20 967
pensions
-
-
-
24 196
unemployment
-
-
-
1 578
total
-
-
-
57 129
Employee

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

21 928
-
131 500
-
work injury
110
-
406
-
income
2 193
-
20 967
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
43 279
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 572
131 500
-
-
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%.

1 096
1 315
-
-
total
1 096
1 315
-
-
Dividends
108 476
130 185
-
-
withholding
16 271
19 528
-
-
total
16 271
19 528
-
-
Income
131 500
131 500
131 500
131 500
Total tax
25 591
20 843
43 279
57 129
After tax
105 909
110 657
88 221
74 371
Living cost
13 705
13 705
13 705
13 705
Free-cash
92 204
96 952
74 516
60 666

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28832
₽24216
₽23435
₽17419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
131 500
municipal
-
-
-
878
regional
-
-
-
2 903
national
-
-
-
30 029
social contributions
-
-
-
33 822
total
-
-
-
67 632
Employee
85 526
-
131 500
-
social contributions
28 839
-
44 342
-
regional
1 291
-
2 489
-
municipal
510
-
784
-
national
14 453
-
26 033
-
total
45 093
-
73 648
-
Employer
85 526
-
131 500
-
total
-
-
-
-
Corporate
45 974
131 500
-
-
nationa
11 034
31 560
-
-
municipal
2 217
6 339
-
-
total
13 251
37 899
-
-
Dividends
32 723
93 601
-
-
withholding
8 507
24 336
-
-
total
8 507
24 336
-
-
Income
131 500
131 500
131 500
131 500
Total tax
66 851
62 235
73 648
67 632
After tax
64 649
69 265
57 852
63 868
Living cost
40 433
40 433
40 433
40 433
Free-cash
24 216
28 832
17 419
23 435

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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