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
₽ 132500
per

Your estimated
City
free-cash

Dresden , Germany
₽36592
₽57267
₽43725
₽47661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income

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

-
-
-
36 106
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.

-
-
-
1 986
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.

-
-
-
6 835
trade
-
-
-
13 542
total
-
-
-
58 469
Employee

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

38 269
-
132 500
-
surtax

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

59
-
1 986
-
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.

1 069
-
36 106
-
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.

6 835
-
6 835
-
total
7 963
-
44 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 231
132 500
-
-
income
14 134
19 876
-
-
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.

777
1 094
-
-
chamber of commerce
287
342
-
-
trade
14 842
20 869
-
-
total
30 040
42 181
-
-
Dividends
64 192
90 320
-
-
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.

862
1 221
-
-
withholding
15 668
22 200
-
-
total
16 530
23 421
-
-
Income
132 500
132 500
132 500
132 500
Total tax
54 533
65 602
44 927
58 469
After tax
77 967
66 898
87 573
74 031
Living cost
30 306
30 306
30 306
30 306
Free-cash
47 661
36 592
57 267
43 725

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29629
₽27092
₽26053
₽28747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
social contributions
-
-
-
1 424
municipal
-
-
-
14 148
national
-
-
-
21 924
pensions
-
-
-
15 900
total
-
-
-
53 396
Employee
82 238
-
114 545
-
municipal
10 158
-
14 661
-
pensions
3 290
-
4 582
-
national
15 740
-
22 719
-
total
29 188
-
41 962
-
Employer
82 238
-
114 545
-
pensions
6 579
-
9 164
-
social contributions
884
-
1 231
-
total
7 463
-
10 395
-
Corporate
37 371
132 500
-
-
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%.

7 474
26 500
-
-
total
7 474
26 500
-
-
Dividends
29 897
106 000
-
-
withholding
6 577
23 320
-
-
total
6 577
23 320
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 702
49 820
52 357
53 396
After tax
81 798
82 680
80 143
79 104
Living cost
53 051
53 051
53 051
53 051
Free-cash
28 747
29 629
27 092
26 053

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85184
₽53499
₽19042
₽76978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income
-
-
-
20 519
surtax
-
-
-
33 788
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.

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
92 642
Employee
29 236
-
106 778
-
surtax
-
-
-
-
social contributions

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

3 216
-
11 745
-
income
5 204
-
20 718
-
total
8 420
-
32 463
-
Employer
29 236
-
106 778
-
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.

7 042
-
25 722
-
surtax
-
-
-
-
total
7 042
-
25 722
-
Corporate
96 221
132 500
-
-
income

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

19 244
26 500
-
-
total
19 244
26 500
-
-
Dividends

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

76 978
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
34 706
26 500
58 185
92 642
After tax
97 794
106 000
74 315
39 858
Living cost
20 816
20 816
20 816
20 816
Free-cash
76 978
85 184
53 499
19 042

Estimated living cost  is ₽20816 per week

₽13280
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.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23032
₽33945
₽34280
₽16905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
32 245
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
56 306
Employee
85 442
85 442
113 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
13 114
11 155
12 338
-
total
42 480
36 864
38 047
-
Employer
85 442
85 442
113 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
33 144
32 096
-
-
income
6 628
6 420
-
-
total
6 628
6 420
-
-
Dividends
26 515
25 676
-
-
income
5 633
5 457
-
-
withholding
3 978
3 851
-
-
total
9 611
9 308
-
-
Income
132 500
132 500
132 500
132 500
Total tax
73 681
67 554
56 641
56 306
After tax
58 819
64 946
75 859
76 194
Living cost
41 914
41 914
41 914
41 914
Free-cash
16 905
23 032
33 945
34 280

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31244
₽28195
₽29303
₽30322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
31 730
national
-
-
-
4 270
pensions
-
-
-
9 738
total
-
-
-
62 096
Employee
58 565
-
104 197
-
municipal
17 464
-
31 072
-
national
-
-
3 829
-
total
17 464
-
34 901
-
Employer
58 565
-
104 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
55 534
132 500
-
-
income
12 217
29 150
-
-
total
12 217
29 150
-
-
Dividends
43 316
103 350
-
-
withholding
12 995
31 005
-
-
total
12 995
31 005
-
-
Income
132 500
132 500
132 500
132 500
Total tax
61 077
60 155
63 204
62 096
After tax
71 423
72 345
69 296
70 404
Living cost
41 101
41 101
41 101
41 101
Free-cash
30 322
31 244
28 195
29 303

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26914
₽48268
₽34124
₽40973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income

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

-
-
-
36 106
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.

-
-
-
1 986
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.

-
-
-
6 835
trade
-
-
-
14 144
total
-
-
-
59 071
Employee

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

50 740
-
132 500
-
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.

239
-
1 986
-
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.

4 359
-
36 106
-
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.

6 835
-
6 835
-
total
11 433
-
44 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 760
132 500
-
-
income
12 264
19 876
-
-
surtax

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

674
1 094
-
-
chamber of commerce
268
340
-
-
trade
13 451
21 795
-
-
total
26 657
43 105
-
-
Dividends
55 104
89 395
-
-
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.

737
1 208
-
-
withholding
13 395
21 968
-
-
total
14 132
23 176
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 222
66 281
44 927
59 071
After tax
80 278
66 219
87 573
73 429
Living cost
39 305
39 305
39 305
39 305
Free-cash
40 973
26 914
48 268
34 124

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
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.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64350
₽58868
₽60252
₽60200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
20 229
social contributions
-
-
-
16 188
health
-
-
-
3 378
total
-
-
-
39 795
Employee
76 937
76 937
121 637
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
19 635
-
health
765
1 308
2 068
-
total
12 583
14 815
30 316
-
Employer
76 937
76 937
121 637
-
health
834
1 424
2 250
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
10 863
-
Corporate
82 892
47 754
-
-
income
10 361
5 970
-
-
total
10 361
5 970
-
-
Dividends
72 531
41 784
-
-
withholding
12 330
7 103
-
-
total
12 330
7 103
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 847
35 697
41 179
39 795
After tax
92 653
96 803
91 321
92 705
Living cost
32 453
32 453
32 453
32 453
Free-cash
60 200
64 350
58 868
60 252

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56157
₽58440
₽73419
₽56539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
16 198
unemployment
-
-
-
1 987
health
-
-
-
9 275
pensions
-
-
-
13 250
total
-
-
-
40 710
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.

26 520
10 554
110 879
-
unemployment
398
158
1 663
-
pensions
2 652
1 055
11 088
-
income
3 242
1 290
13 555
-
health
1 856
739
7 762
-
total
8 148
3 242
34 068
-
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.

26 520
10 554
110 879
-
pensions
5 171
2 058
21 621
-
total
5 171
2 058
21 621
-
Corporate
100 809
119 887
-
-
income
9 073
10 790
-
-
total
9 073
10 790
-
-
Dividends
91 736
109 098
-
-
social contributions
17 768
21 153
-
-
withholding
17 430
20 729
-
-
total
35 198
41 882
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 590
57 972
55 689
40 710
After tax
74 910
74 528
76 811
91 790
Living cost
18 371
18 371
18 371
18 371
Free-cash
56 539
56 157
58 440
73 419

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81833
₽52204
₽46854
₽75617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
17 755
health
-
-
-
17 225
pensions
-
-
-
26 499
total
-
-
-
61 479
Employee
28 384
-
99 029
-
unemployment
454
-
1 584
-
pensions
568
-
1 980
-
income
3 196
-
19 094
-
total
4 218
-
22 658
-
Employer
28 384
-
99 029
-
health
3 689
-
12 873
-
pensions
5 677
-
19 806
-
unemployment
228
-
792
-
total
9 594
-
33 471
-
Corporate
94 522
132 500
-
-
income
18 904
26 500
-
-
total
18 904
26 500
-
-
Dividends
75 618
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
32 716
26 500
56 129
61 479
After tax
99 784
106 000
76 371
71 021
Living cost
24 167
24 167
24 167
24 167
Free-cash
75 617
81 833
52 204
46 854

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11570
₽48050
₽68441
₽7312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
256
income
-
-
-
34 696
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
41 757
Employee
35 083
-
116 531
-
pensions
3 950
-
7 734
-
income
4 813
-
25 101
-
health
4 017
-
13 343
-
total
12 780
-
46 178
-
Employer
35 083
-
116 531
-
pensions
5 705
-
11 169
-
accident
586
-
1 946
-
unemployment
859
-
2 855
-
total
7 150
-
15 970
-
Corporate
90 268
132 500
-
-
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.

81 241
119 250
-
-
total
81 241
119 250
-
-
Dividends
9 027
13 250
-
-
withholding
1 715
2 518
-
-
total
1 715
2 518
-
-
Income
132 500
132 500
132 500
132 500
Total tax
102 886
121 768
62 148
41 757
After tax
29 614
10 732
70 352
90 743
Living cost
22 302
22 302
22 302
22 302
Free-cash
7 312
-11 570
48 050
68 441

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117810
₽97935
₽123110
₽116298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
132 500
microenterprise

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

-
-
-
1 325
total
-
-
-
1 325
Employee
10 081
-
132 500
-
income
2 016
-
26 500
-
total
2 016
-
26 500
-
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%.

122 419
132 500
-
-
total
-
-
-
-
Dividends
122 419
132 500
-
-
withholding
6 121
6 625
-
-
total
6 121
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 137
6 625
26 500
1 325
After tax
124 363
125 875
106 000
131 175
Living cost
8 065
8 065
8 065
8 065
Free-cash
116 298
117 810
97 935
123 110

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70687
₽49487
₽44006
₽63931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
17 911
other
-
-
-
6 294
health
-
-
-
5 829
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.

-
-
-
31 800
total
-
-
-
61 834
Employee
36 329
-
105 833
-
unemployment
363
-
1 058
-
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.

2 542
-
7 409
-
income
6 254
-
19 737
-
health
509
-
1 481
-
total
9 668
-
29 685
-
Employer
36 329
-
105 833
-
health
509
-
1 481
-
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.

6 177
-
17 990
-
accident
291
-
847
-
unemployment
363
-
1 058
-
other
1 817
-
5 292
-
total
9 157
-
26 668
-
Corporate
87 016
132 500
-
-
income
18 273
27 826
-
-
total
18 273
27 826
-
-
Dividends
68 742
104 674
-
-
withholding
4 811
7 327
-
-
total
4 811
7 327
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 909
35 153
56 353
61 834
After tax
90 591
97 347
76 147
70 666
Living cost
26 660
26 660
26 660
26 660
Free-cash
63 931
70 687
49 487
44 006

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽24955
₽12480
₽24705
₽19328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
33 387
pensions
-
-
-
8 080
total
-
-
-
41 467
Employee
93 844
-
116 136
-
pensions
9 053
-
10 246
-
income
16 916
-
25 236
-
health
1 546
-
1 848
-
total
27 515
-
37 330
-
Employer
93 844
-
116 136
-
health
1 782
-
2 206
-
pensions
11 080
-
14 156
-
total
12 862
-
16 362
-
Corporate
25 794
132 500
-
-
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.

4 901
25 175
-
-
total
4 901
25 175
-
-
Dividends
20 892
107 325
-
-
withholding
1 566
16 042
-
-
total
1 566
16 042
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 844
41 217
53 692
41 467
After tax
85 656
91 283
78 808
91 033
Living cost
66 328
66 328
66 328
66 328
Free-cash
19 328
24 955
12 480
24 705

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽100175
₽94909
₽90183
₽95528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
19 875
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
29 204
Employee
17 364
-
125 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
12 564
-
health
799
-
1 607
-
total
4 251
-
17 623
-
Employer
17 364
-
125 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
111 729
132 500
-
-
income
11 173
13 250
-
-
total
11 173
13 250
-
-
Dividends
100 556
119 250
-
-
withholding
5 028
5 962
-
-
total
5 028
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
23 859
19 212
24 478
29 204
After tax
108 641
113 288
108 022
103 296
Living cost
13 113
13 113
13 113
13 113
Free-cash
95 528
100 175
94 909
90 183

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9464
₽20377
₽20712
₽11980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
32 245
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
56 306
Employee
92 763
85 442
113 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
11 573
11 155
12 338
-
total
37 282
36 864
38 047
-
Employer
92 763
85 442
113 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
23 495
32 096
-
-
income
4 699
6 420
-
-
total
4 699
6 420
-
-
Dividends
18 796
25 676
-
-
income
3 995
5 457
-
-
withholding
2 820
3 851
-
-
total
6 815
9 308
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 038
67 554
56 641
56 306
After tax
67 462
64 946
75 859
76 194
Living cost
55 482
55 482
55 482
55 482
Free-cash
11 980
9 464
20 377
20 712

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66366
₽42379
₽42154
₽57497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
11 826
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
17 887
total
-
-
-
65 486
Employee
36 559
-
98 881
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
6 427
-
income
4 387
-
11 866
-
health
4 936
-
13 349
-
total
11 699
-
31 642
-
Employer
36 559
-
98 881
-
health
3 290
-
8 899
-
social contributions
9 140
-
24 720
-
total
12 430
-
33 619
-
Corporate
83 511
132 500
-
-
income
15 867
25 175
-
-
total
15 867
25 175
-
-
Dividends
67 644
107 325
-
-
withholding
10 147
16 099
-
-
total
10 147
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 143
41 274
65 261
65 486
After tax
82 357
91 226
67 239
67 014
Living cost
24 860
24 860
24 860
24 860
Free-cash
57 497
66 366
42 379
42 154

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽28474
₽17177
₽23482
₽23251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
social contributions
-
-
-
34 078
regional
-
-
-
1 519
municipal
-
-
-
788
national
-
-
-
30 414
total
-
-
-
66 799
Employee
88 922
-
132 500
-
municipal
471
-
703
-
national
15 408
-
26 385
-
regional
839
-
1 337
-
social contributions
29 985
-
44 679
-
total
46 703
-
73 104
-
Employer
88 922
-
132 500
-
total
-
-
-
-
Corporate
43 578
132 500
-
-
municipal
1 699
5 168
-
-
nationa
10 458
31 800
-
-
total
12 157
36 968
-
-
Dividends
31 420
95 532
-
-
withholding
8 170
24 839
-
-
total
8 170
24 839
-
-
Income
132 500
132 500
132 500
132 500
Total tax
67 030
61 807
73 104
66 799
After tax
65 470
70 693
59 396
65 701
Living cost
42 219
42 219
42 219
42 219
Free-cash
23 251
28 474
17 177
23 482

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61264
₽38734
₽40925
₽58149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
29 312
other
-
-
-
-
surtax
-
-
-
4 048
unemployment
-
-
-
228
health
-
-
-
9 408
pensions
-
-
-
26 500
total
-
-
-
69 496
Employee
33 087
-
109 457
-
other
-
-
-
-
unemployment
2 303
-
7 618
-
pensions
2 206
-
7 301
-
surtax
108
-
3 703
-
income
5 546
-
27 235
-
health
845
-
2 791
-
total
11 008
-
48 648
-
Employer
33 087
-
109 457
-
health
1 506
-
4 980
-
pensions
4 411
-
14 590
-
unemployment
1 048
-
3 469
-
other
-
-
-
-
total
6 965
-
23 039
-
Corporate
92 448
132 500
-
-
income
24 036
34 450
-
-
total
24 036
34 450
-
-
Dividends
68 412
98 050
-
-
withholding
10 263
14 707
-
-
total
10 263
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 272
49 157
71 687
69 496
After tax
80 228
83 343
60 813
63 004
Living cost
22 079
22 079
22 079
22 079
Free-cash
58 149
61 264
38 734
40 925

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45970
₽33495
₽45720
₽46160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
33 387
pensions
-
-
-
8 080
total
-
-
-
41 467
Employee
62 892
-
116 136
-
pensions
5 338
-
10 246
-
income
11 327
-
25 236
-
health
913
-
1 848
-
total
17 578
-
37 330
-
Employer
62 892
-
116 136
-
health
1 195
-
2 206
-
pensions
6 808
-
14 156
-
total
8 003
-
16 362
-
Corporate
61 606
132 500
-
-
income

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

11 705
25 175
-
-
total
11 705
25 175
-
-
Dividends
49 901
107 325
-
-
withholding
3 741
16 042
-
-
total
3 741
16 042
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 027
41 217
53 692
41 467
After tax
91 473
91 283
78 808
91 033
Living cost
45 313
45 313
45 313
45 313
Free-cash
46 160
45 970
33 495
45 720

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18655
₽23489
₽30016
₽15249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
2 650
regional
-
-
-
5 371
health
-
-
-
297
city
-
-
-
1 396
national
-
-
-
1 334
pensions
-
-
-
12 190
total
-
-
-
23 238
Employee
92 738
-
118 597
-
unemployment
-
-
-
-
pensions
7 791
-
9 961
-
national
439
-
1 046
-
regional
3 037
-
4 618
-
city
995
-
1 274
-
health
210
-
267
-
total
12 472
-
17 166
-
Employer
92 738
-
118 597
-
health
210
-
267
-
pensions
7 791
-
9 961
-
unemployment
-
-
-
-
other

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

1 854
-
2 371
-
total
9 855
-
12 599
-
Corporate
28 887
132 500
-
-
regional
6 110
28 024
-
-
national
2 455
11 261
-
-
total
8 565
39 285
-
-
Dividends
20 322
93 214
-
-
withholding
7 113
32 624
-
-
total
7 113
32 624
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 005
71 909
29 765
23 238
After tax
94 495
60 591
102 735
109 262
Living cost
79 246
79 246
79 246
79 246
Free-cash
15 249
-18 655
23 489
30 016

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19700
₽41738
₽26993
₽35928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income

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

-
-
-
36 106
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.

-
-
-
1 986
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.

-
-
-
6 835
trade
-
-
-
14 745
total
-
-
-
59 672
Employee

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

60 131
-
132 500
-
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.

389
-
1 986
-
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.

7 071
-
36 106
-
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.

6 835
-
6 835
-
total
14 295
-
44 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 369
132 500
-
-
income
10 855
19 876
-
-
surtax

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

596
1 094
-
-
chamber of commerce
254
338
-
-
trade
12 412
22 724
-
-
total
24 117
44 032
-
-
Dividends
48 252
88 469
-
-
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.

642
1 196
-
-
withholding
11 683
21 737
-
-
total
12 325
22 933
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 737
66 965
44 927
59 672
After tax
81 763
65 535
87 573
72 828
Living cost
45 835
45 835
45 835
45 835
Free-cash
35 928
19 700
41 738
26 993

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32549
₽43488
₽41143
₽38456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
17 209
other
-
-
-
4 107
surtax
-
-
-
-
social contributions
-
-
-
3 777
health
-
-
-
4 236
pensions
-
-
-
27 796
total
-
-
-
57 125
Employee
42 822
-
105 115
-
pensions
4 842
-
6 243
-
surtax
-
-
-
-
social contributions
1 221
-
2 994
-
income
2 527
-
18 157
-
total
8 590
-
27 394
-
Employer
42 822
-
105 115
-
health
2 998
-
8 466
-
pensions
7 035
-
10 702
-
unemployment
1 734
-
4 257
-
social contributions
129
-
315
-
other
1 477
-
3 646
-
total
13 373
-
27 386
-
Corporate
76 306
132 500
-
-
income
21 366
37 099
-
-
surtax
-
-
-
-
total
21 366
37 099
-
-
Dividends
54 939
95 401
-
-
surtax
-
-
-
-
social contributions
9 450
16 409
-
-
withholding
7 033
12 211
-
-
total
16 483
28 620
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 812
65 719
54 780
57 125
After tax
72 688
66 781
77 720
75 375
Living cost
34 232
34 232
34 232
34 232
Free-cash
38 456
32 549
43 488
41 143

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35941
₽46880
₽44535
₽41498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
17 209
other
-
-
-
4 107
surtax
-
-
-
-
social contributions
-
-
-
3 777
health
-
-
-
4 236
pensions
-
-
-
27 796
total
-
-
-
57 125
Employee
38 224
-
105 115
-
pensions
4 323
-
6 243
-
surtax
-
-
-
-
social contributions
1 090
-
2 994
-
income
1 971
-
18 157
-
total
7 384
-
27 394
-
Employer
38 224
-
105 115
-
health
2 675
-
8 466
-
pensions
6 281
-
10 702
-
unemployment
1 547
-
4 257
-
social contributions
114
-
315
-
other
1 320
-
3 646
-
total
11 937
-
27 386
-
Corporate
82 338
132 500
-
-
income
23 054
37 099
-
-
surtax
-
-
-
-
total
23 054
37 099
-
-
Dividends
59 284
95 401
-
-
surtax
-
-
-
-
social contributions
10 198
16 409
-
-
withholding
7 589
12 211
-
-
total
17 787
28 620
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 162
65 719
54 780
57 125
After tax
72 338
66 781
77 720
75 375
Living cost
30 840
30 840
30 840
30 840
Free-cash
41 498
35 941
46 880
44 535

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59622
₽62427
₽63874
₽60140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
19 876
social contributions
-
-
-
18 285
health
-
-
-
9 249
total
-
-
-
47 410
Employee
33 924
-
132 500
-
social contributions
4 682
-
18 285
-
income
5 658
-
21 323
-
health
2 368
-
9 249
-
total
12 708
-
48 857
-
Employer
33 924
-
132 500
-
total
-
-
-
-
Corporate
98 576
132 500
-
-
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%.

4 929
6 625
-
-
total
4 929
6 625
-
-
Dividends
93 647
125 875
-
-
social contributions
12 923
17 371
-
-
withholding
14 047
18 881
-
-
health
6 537
8 785
-
-
total
33 507
45 037
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 144
51 662
48 857
47 410
After tax
81 356
80 838
83 643
85 090
Living cost
21 216
21 216
21 216
21 216
Free-cash
60 140
59 622
62 427
63 874

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38476
₽768
₽31541
₽36929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
28 274
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
530
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
65 704
Employee
50 003
39 873
102 738
-
other
499
399
1 027
-
unemployment
1 500
1 196
3 082
-
pensions
5 121
4 082
10 521
-
income
5 692
2 941
23 373
-
health
1 935
1 544
3 976
-
total
14 747
10 162
41 979
-
Employer
50 003
39 873
102 738
-
chamber of commerce
199
159
410
-
health
1 889
1 508
3 883
-
pensions
6 275
5 005
12 894
-
accident
649
518
1 335
-
unemployment
1 500
1 196
3 082
-
surtax
197
197
197
-
payroll
1 500
1 196
3 082
-
other
2 375
1 893
4 880
-
total
14 584
11 672
29 763
-
Corporate
67 911
80 954
98 940
-
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.

16 978
20 238
24 735
-
total
16 978
20 238
24 735
-
Dividends
50 933
60 715
-
-
withholding
14 007
16 697
-
-
total
14 007
16 697
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 316
58 769
96 477
65 704
After tax
72 184
73 731
36 023
66 796
Living cost
35 255
35 255
35 255
35 255
Free-cash
36 929
38 476
768
31 541

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37713
₽12612
₽22433
₽22707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
communal

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

-
-
-
6 693
social contributions
-
-
-
20 959
national
-
-
-
45 934
total
-
-
-
73 586
Employee

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

71 569
-
102 626
-
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.

623
-
892
-
communal

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

3 733
-
5 352
-
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.

5 368
-
7 697
-
national
22 003
-
34 767
-
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.

3 363
-
4 825
-
total
35 090
-
53 533
-
Employer

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

71 569
-
102 626
-
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.

4 401
-
6 311
-
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.

6 342
-
9 093
-
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.

930
-
1 333
-
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.

1 044
-
1 498
-
surtax
8 115
-
11 639
-
total
20 832
-
29 874
-
Corporate
40 098
132 500
-
-
income
8 020
26 500
-
-
surtax
159
530
-
-
total
8 179
27 030
-
-
Dividends
31 918
105 470
-
-
withholding

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

9 211
31 276
-
-
total
9 211
31 276
-
-
Income
132 500
132 500
132 500
132 500
Total tax
73 312
58 306
83 407
73 586
After tax
59 188
74 194
49 093
58 914
Living cost
36 481
36 481
36 481
36 481
Free-cash
22 707
37 713
12 612
22 433

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52712
₽33167
₽37977
₽45097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
835
income
-
-
-
30 568
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
58 389
Employee
49 805
-
102 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
27 745
-
total
13 671
-
33 634
-
Employer
49 805
-
102 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
66 820
132 500
-
-
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.

10 023
19 876
-
-
total
10 023
19 876
-
-
Dividends
56 797
112 624
-
-
withholding
11 700
23 778
-
-
total
11 700
23 778
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 269
43 654
63 199
58 389
After tax
81 231
88 846
69 301
74 111
Living cost
36 134
36 134
36 134
36 134
Free-cash
45 097
52 712
33 167
37 977

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25259
₽21316
₽16033
₽15017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
communal
-
-
-
8 373
accident
-
-
-
1 116
income
-
-
-
16 864
surtax
-
-
-
6 570
health
-
-
-
9 309
pensions
-
-
-
19 861
total
-
-
-
62 093
Employee
75 770
-
118 356
-
pensions
6 061
-
9 469
-
surtax
4 644
-
7 253
-
income
7 319
-
20 678
-
health
3 372
-
5 267
-
total
21 396
-
42 667
-
Employer
75 770
-
118 356
-
health
2 311
-
3 609
-
pensions
6 061
-
9 469
-
accident
682
-
1 065
-
total
9 054
-
14 143
-
Corporate
47 677
132 500
-
-
communal
3 218
8 943
-
-
income
7 151
19 876
-
-
surtax
501
1 392
-
-
total
10 870
30 211
-
-
Dividends
36 806
102 289
-
-
income
16 268
7 312
-
-
withholding
5 521
15 344
-
-
total
21 789
22 656
-
-
Income
132 500
132 500
132 500
132 500
Total tax
63 109
52 867
56 810
62 093
After tax
69 391
79 633
75 690
70 407
Living cost
54 374
54 374
54 374
54 374
Free-cash
15 017
25 259
21 316
16 033

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60870
₽38340
₽40531
₽57687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
29 312
other
-
-
-
-
surtax
-
-
-
4 048
unemployment
-
-
-
228
health
-
-
-
9 408
pensions
-
-
-
26 500
total
-
-
-
69 496
Employee
33 695
-
109 457
-
other
-
-
-
-
unemployment
2 345
-
7 618
-
pensions
2 248
-
7 301
-
surtax
120
-
3 703
-
income
5 649
-
27 235
-
health
860
-
2 791
-
total
11 222
-
48 648
-
Employer
33 695
-
109 457
-
health
1 532
-
4 980
-
pensions
4 492
-
14 590
-
unemployment
1 069
-
3 469
-
other
-
-
-
-
total
7 093
-
23 039
-
Corporate
91 712
132 500
-
-
income
23 844
34 450
-
-
total
23 844
34 450
-
-
Dividends
67 868
98 050
-
-
withholding
10 181
14 707
-
-
total
10 181
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 340
49 157
71 687
69 496
After tax
80 160
83 343
60 813
63 004
Living cost
22 473
22 473
22 473
22 473
Free-cash
57 687
60 870
38 340
40 531

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42692
₽31997
₽38270
₽40472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
social contributions
-
-
-
34 078
regional
-
-
-
1 998
municipal
-
-
-
788
national
-
-
-
30 414
total
-
-
-
67 278
Employee
55 502
-
132 500
-
municipal
294
-
703
-
national
8 793
-
26 385
-
regional
747
-
1 784
-
social contributions
18 716
-
44 679
-
total
28 550
-
73 551
-
Employer
55 502
-
132 500
-
total
-
-
-
-
Corporate
76 998
132 500
-
-
municipal
3 826
6 585
-
-
nationa
18 480
31 800
-
-
total
22 306
38 385
-
-
Dividends
54 692
94 116
-
-
withholding
14 220
24 471
-
-
total
14 220
24 471
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 076
62 856
73 551
67 278
After tax
67 424
69 644
58 949
65 222
Living cost
26 952
26 952
26 952
26 952
Free-cash
40 472
42 692
31 997
38 270

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60592
₽36605
₽36380
₽49663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
11 826
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
17 887
total
-
-
-
65 486
Employee
45 050
-
98 881
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
6 427
-
income
5 406
-
11 866
-
health
6 082
-
13 349
-
total
14 416
-
31 642
-
Employer
45 050
-
98 881
-
health
4 055
-
8 899
-
social contributions
11 263
-
24 720
-
total
15 318
-
33 619
-
Corporate
72 132
132 500
-
-
income
13 705
25 175
-
-
total
13 705
25 175
-
-
Dividends
58 427
107 325
-
-
withholding
8 764
16 099
-
-
total
8 764
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 203
41 274
65 261
65 486
After tax
80 297
91 226
67 239
67 014
Living cost
30 634
30 634
30 634
30 634
Free-cash
49 663
60 592
36 605
36 380

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41917
₽4136
₽35072
₽41420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
28 274
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
530
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
65 507
Employee
43 737
39 873
102 888
-
other
437
399
1 029
-
unemployment
1 312
1 196
3 087
-
pensions
4 479
4 082
10 536
-
income
3 896
2 941
23 424
-
health
1 692
1 544
3 982
-
total
11 816
10 162
42 058
-
Employer
43 737
39 873
102 888
-
chamber of commerce
175
159
412
-
health
1 654
1 508
3 889
-
pensions
5 489
5 005
12 913
-
accident
568
518
1 337
-
unemployment
1 312
1 196
3 087
-
surtax
-
-
-
-
payroll
1 312
1 196
3 087
-
other
2 077
1 893
4 887
-
total
12 587
11 475
29 612
-
Corporate
76 177
81 151
99 090
-
income

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

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

19 044
20 288
24 773
-
total
19 044
20 288
24 773
-
Dividends
57 133
60 863
-
-
withholding
15 712
16 737
-
-
total
15 712
16 737
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 159
58 662
96 443
65 507
After tax
73 341
73 838
36 057
66 993
Living cost
31 921
31 921
31 921
31 921
Free-cash
41 420
41 917
4 136
35 072

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113307
₽93432
₽118607
₽110950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
132 500
microenterprise

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

-
-
-
1 325
total
-
-
-
1 325
Employee
15 710
-
132 500
-
income
3 142
-
26 500
-
total
3 142
-
26 500
-
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%.

116 790
132 500
-
-
total
-
-
-
-
Dividends
116 790
132 500
-
-
withholding
5 840
6 625
-
-
total
5 840
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 982
6 625
26 500
1 325
After tax
123 518
125 875
106 000
131 175
Living cost
12 568
12 568
12 568
12 568
Free-cash
110 950
113 307
93 432
118 607

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64389
₽36497
₽40098
₽56019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income
-
-
-
28 131
unemployment
-
-
-
199
health
-
-
-
13 038
pensions
-
-
-
24 197
total
-
-
-
65 565
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.

44 244
-
114 650
-
unemployment
63
-
161
-
pensions
6 858
-
17 770
-
income
7 630
-
25 980
-
health
2 858
-
7 405
-
total
17 409
-
51 316
-
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.

44 244
-
114 650
-
health
2 947
-
7 635
-
pensions
3 915
-
10 147
-
unemployment
27
-
68
-
total
6 889
-
17 850
-
Corporate
81 367
132 500
-
-
income
15 459
25 175
-
-
total
15 459
25 175
-
-
Dividends
65 908
107 325
-
-
withholding
9 887
16 099
-
-
total
9 887
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 644
41 274
69 166
65 565
After tax
82 856
91 226
63 334
66 935
Living cost
26 837
26 837
26 837
26 837
Free-cash
56 019
64 389
36 497
40 098

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36802
₽75332
₽47757
-₽18892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
25 827
social contributions
-
-
-
15 105
total
-
-
-
40 932
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
-
132 500
-
-
income
-
29 150
-
-
total
-
29 150
-
-
Dividends
-
103 350
-
-
income
-
22 737
-
-
total
-
22 737
-
-
Income
132 500
132 500
132 500
132 500
Total tax
107 581
51 887
13 357
40 932
After tax
24 919
80 613
119 143
91 568
Living cost
43 811
43 811
43 811
43 811
Free-cash
-18 892
36 802
75 332
47 757

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43981
₽32337
₽41050
₽42974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income
-
-
-
14 022
surtax
-
-
-
-
social contributions

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

-
-
-
46 044
total
-
-
-
60 066
Employee
46 017
-
107 070
-
surtax
-
-
-
-
social contributions
5 062
-
11 778
-
income
9 572
-
31 571
-
total
14 634
-
43 349
-
Employer
46 017
-
107 070
-
social contributions
10 929
-
25 430
-
total
10 929
-
25 430
-
Corporate
75 554
132 500
-
-
income
15 866
27 826
-
-
surtax
-
-
-
-
total
15 866
27 826
-
-
Dividends
59 688
104 674
-
-
withholding
16 713
29 309
-
-
total
16 713
29 309
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 142
57 135
68 779
60 066
After tax
74 358
75 365
63 721
72 434
Living cost
31 384
31 384
31 384
31 384
Free-cash
42 974
43 981
32 337
41 050

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18456
₽29395
₽27050
₽25333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
17 209
other
-
-
-
4 107
surtax
-
-
-
-
social contributions
-
-
-
3 777
health
-
-
-
4 236
pensions
-
-
-
27 796
total
-
-
-
57 125
Employee
62 666
-
105 115
-
pensions
7 088
-
6 243
-
surtax
-
-
-
-
social contributions
1 785
-
2 994
-
income
5 468
-
18 157
-
total
14 341
-
27 394
-
Employer
62 666
-
105 115
-
health
4 386
-
8 466
-
pensions
10 297
-
10 702
-
unemployment
2 539
-
4 257
-
social contributions
188
-
315
-
other
2 163
-
3 646
-
total
19 573
-
27 386
-
Corporate
50 262
132 500
-
-
income
14 073
37 099
-
-
surtax
-
-
-
-
total
14 073
37 099
-
-
Dividends
36 189
95 401
-
-
surtax
-
-
-
-
social contributions
6 222
16 409
-
-
withholding
4 633
12 211
-
-
total
10 855
28 620
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 842
65 719
54 780
57 125
After tax
73 658
66 781
77 720
75 375
Living cost
48 325
48 325
48 325
48 325
Free-cash
25 333
18 456
29 395
27 050

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89175
₽72535
₽69016
₽85813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
4 259
social contributions
-
-
-
29 149
total
-
-
-
33 408
Employee
32 166
-
114 719
-
income
-
-
4 650
-
social contributions
2 090
-
7 458
-
total
2 090
-
12 108
-
Employer
32 166
-
114 719
-
social contributions
4 986
-
17 781
-
total
4 986
-
17 781
-
Corporate
95 348
132 500
-
-
income
9 535
13 249
-
-
total
9 535
13 249
-
-
Dividends
85 812
119 251
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
16 611
13 249
29 889
33 408
After tax
115 889
119 251
102 611
99 092
Living cost
30 076
30 076
30 076
30 076
Free-cash
85 813
89 175
72 535
69 016

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85383
-₽85383
₽32506
-₽85383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
labour market
-
-
-
10 531
municipal
-
-
-
26 304
national
-
-
-
14 131
pensions
-
-
-
867
total
-
-
-
51 833
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
169 722
169 722
169 722
51 833
After tax
-37 222
-37 222
-37 222
80 667
Living cost
48 161
48 161
48 161
48 161
Free-cash
-85 383
-85 383
-85 383
32 506

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11241
₽48379
₽68770
₽7363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
256
income
-
-
-
34 696
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
41 757
Employee
34 565
-
116 531
-
pensions
3 892
-
7 734
-
income
4 742
-
25 101
-
health
3 958
-
13 343
-
total
12 592
-
46 178
-
Employer
34 565
-
116 531
-
pensions
5 620
-
11 169
-
accident
577
-
1 946
-
unemployment
847
-
2 855
-
total
7 044
-
15 970
-
Corporate
90 890
132 500
-
-
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.

81 801
119 250
-
-
total
81 801
119 250
-
-
Dividends
9 089
13 250
-
-
withholding
1 727
2 518
-
-
total
1 727
2 518
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 164
121 768
62 148
41 757
After tax
29 336
10 732
70 352
90 743
Living cost
21 973
21 973
21 973
21 973
Free-cash
7 363
-11 241
48 379
68 770

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47205
₽33872
₽52042
₽47876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
132 500
health
-
-
-
1 623
municipal
-
-
-
23 557
national
-
-
-
16 864
total
-
-
-
42 044
Employee
52 641
-
111 466
-
municipal
8 622
-
18 175
-
unemployment
790
-
1 673
-
pensions
3 553
-
7 525
-
national
870
-
10 509
-
health
393
-
1 299
-
total
14 228
-
39 181
-
Employer
52 641
-
111 466
-
health
404
-
858
-
pensions
9 133
-
19 338
-
accident
53
-
112
-
unemployment
342
-
725
-
total
9 932
-
21 033
-
Corporate
69 927
132 500
-
-
income
13 986
26 500
-
-
total
13 986
26 500
-
-
Dividends

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

41 956
79 500
-
-
municipal
7 551
14 311
-
-
national
513
6 070
-
-
total
8 064
20 381
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 210
46 881
60 214
42 044
After tax
86 290
85 619
72 286
90 456
Living cost
38 414
38 414
38 414
38 414
Free-cash
47 876
47 205
33 872
52 042

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
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.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73638
₽68156
₽69540
₽68192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
20 229
social contributions
-
-
-
16 188
health
-
-
-
3 378
total
-
-
-
39 795
Employee
76 937
76 937
121 637
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
19 635
-
health
596
1 308
2 068
-
total
11 882
14 815
30 316
-
Employer
76 937
76 937
121 637
-
health
647
1 424
2 250
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
10 863
-
Corporate
93 896
47 754
-
-
income
11 738
5 970
-
-
total
11 738
5 970
-
-
Dividends
82 158
41 784
-
-
withholding
13 967
7 103
-
-
total
13 967
7 103
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 143
35 697
41 179
39 795
After tax
91 357
96 803
91 321
92 705
Living cost
23 165
23 165
23 165
23 165
Free-cash
68 192
73 638
68 156
69 540

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93837
₽73412
₽93480
₽88747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132 500
income
-
-
-
13 120
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
23 134
Employee

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

22 966
-
122 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
10 639
-
health
1 952
-
8 070
-
total
7 080
-
33 424
-
Employer

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

22 966
-
122 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
107 170
132 500
-
-
income
9 645
11 926
-
-
total
9 645
11 926
-
-
Dividends
97 525
120 574
-
-
withholding
8 778
10 851
-
-
total
8 778
10 851
-
-
Income
132 500
132 500
132 500
132 500
Total tax
27 867
22 777
43 202
23 134
After tax
104 633
109 723
89 298
109 366
Living cost
15 886
15 886
15 886
15 886
Free-cash
88 747
93 837
73 412
93 480

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61332
₽41787
₽46597
₽56440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
835
income
-
-
-
30 568
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
58 389
Employee
36 996
-
102 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
27 745
-
total
9 481
-
33 634
-
Employer
36 996
-
102 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
83 709
132 500
-
-
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.

12 556
19 876
-
-
total
12 556
19 876
-
-
Dividends
71 153
112 624
-
-
withholding
14 715
23 778
-
-
total
14 715
23 778
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 546
43 654
63 199
58 389
After tax
83 954
88 846
69 301
74 111
Living cost
27 514
27 514
27 514
27 514
Free-cash
56 440
61 332
41 787
46 597

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
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.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80740
₽82908
₽83046
₽80421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
45 073
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
47 514
Employee
2 954
-
130 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
44 999
-
health
148
-
354
-
total
1 015
-
46 061
-
Employer
2 954
-
130 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
128 881
132 500
-
-
income
28 354
29 150
-
-
total
28 354
29 150
-
-
Dividends
100 527
103 350
-
-
withholding
20 105
20 670
-
-
total
20 105
20 670
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 139
49 820
47 652
47 514
After tax
82 361
82 680
84 848
84 986
Living cost
1 940
1 940
1 940
1 940
Free-cash
80 421
80 740
82 908
83 046

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78429
₽58303
₽58304
₽73505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income
-
-
-
28 946
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
56 894
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.

26 090
-
119 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
28 946
-
health
1 344
-
3 808
-
total
8 789
-
43 660
-
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.

26 090
-
119 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
101 740
132 500
-
-
income
15 261
19 875
-
-
total
15 261
19 875
-
-
Dividends
86 479
112 625
-
-
withholding
12 972
16 894
-
-
total
12 972
16 894
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 693
36 769
56 895
56 894
After tax
90 807
95 731
75 605
75 606
Living cost
17 302
17 302
17 302
17 302
Free-cash
73 505
78 429
58 303
58 304

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48391
₽36747
₽45460
₽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

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.

-
-
-
132 500
income
-
-
-
14 022
surtax
-
-
-
-
social contributions

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

-
-
-
46 044
total
-
-
-
60 066
Employee
38 833
-
107 070
-
surtax
-
-
-
-
social contributions
4 272
-
11 778
-
income
7 588
-
31 571
-
total
11 860
-
43 349
-
Employer
38 833
-
107 070
-
social contributions
9 222
-
25 430
-
total
9 222
-
25 430
-
Corporate
84 445
132 500
-
-
income
17 734
27 826
-
-
surtax
-
-
-
-
total
17 734
27 826
-
-
Dividends
66 711
104 674
-
-
withholding
18 680
29 309
-
-
total
18 680
29 309
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 496
57 135
68 779
60 066
After tax
75 004
75 365
63 721
72 434
Living cost
26 974
26 974
26 974
26 974
Free-cash
48 030
48 391
36 747
45 460

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53683
₽34138
₽38948
₽46409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
835
income
-
-
-
30 568
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
58 389
Employee
48 322
-
102 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
27 745
-
total
13 159
-
33 634
-
Employer
48 322
-
102 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
68 772
132 500
-
-
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.

10 316
19 876
-
-
total
10 316
19 876
-
-
Dividends
58 456
112 624
-
-
withholding
12 047
23 778
-
-
total
12 047
23 778
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 928
43 654
63 199
58 389
After tax
81 572
88 846
69 301
74 111
Living cost
35 164
35 164
35 164
35 164
Free-cash
46 409
53 683
34 138
38 948

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96083
₽90817
₽86091
₽89988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
19 875
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
29 204
Employee
22 782
-
125 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
12 564
-
health
1 048
-
1 607
-
total
5 577
-
17 623
-
Employer
22 782
-
125 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
105 248
132 500
-
-
income
10 524
13 250
-
-
total
10 524
13 250
-
-
Dividends
94 723
119 250
-
-
withholding
4 736
5 962
-
-
total
4 736
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 307
19 212
24 478
29 204
After tax
107 193
113 288
108 022
103 296
Living cost
17 205
17 205
17 205
17 205
Free-cash
89 988
96 083
90 817
86 091

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29633
₽48945
₽36607
₽42724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income

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

-
-
-
36 106
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.

-
-
-
1 986
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.

-
-
-
6 835
trade
-
-
-
12 338
total
-
-
-
57 265
Employee

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

49 783
-
132 500
-
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.

226
-
1 986
-
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.

4 094
-
36 106
-
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.

6 835
-
6 835
-
total
11 155
-
44 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 717
132 500
-
-
income
12 408
19 876
-
-
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.

682
1 094
-
-
chamber of commerce
273
346
-
-
trade
11 871
19 014
-
-
total
25 234
40 330
-
-
Dividends
57 483
92 171
-
-
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.

769
1 246
-
-
withholding
13 990
22 663
-
-
total
14 759
23 909
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 148
64 239
44 927
57 265
After tax
81 352
68 261
87 573
75 235
Living cost
38 628
38 628
38 628
38 628
Free-cash
42 724
29 633
48 945
36 607

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35755
₽26576
₽26576
₽37963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
36 463
social contributions
-
-
-
12 466
total
-
-
-
48 929
Employee
78 265
-
132 500
-
income
14 768
-
36 463
-
social contributions
6 502
-
12 466
-
total
21 270
-
48 929
-
Employer
78 265
-
132 500
-
total
-
-
-
-
Corporate
54 235
132 500
-
-
income
6 780
16 563
-
-
total
6 780
16 563
-
-
Dividends
47 455
115 937
-
-
withholding
9 492
23 187
-
-
total
9 492
23 187
-
-
Income
132 500
132 500
132 500
132 500
Total tax
37 542
39 750
48 929
48 929
After tax
94 958
92 750
83 571
83 571
Living cost
56 995
56 995
56 995
56 995
Free-cash
37 963
35 755
26 576
26 576

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44520
₽60559
₽61680
₽48015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
127 898
-
income
4 980
-
26 417
-
social contributions
4 599
-
4 602
-
total
9 579
-
31 019
-
Employer
45 899
-
127 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
82 002
132 500
-
-
income
28 701
46 374
-
-
total
28 701
46 374
-
-
Dividends
53 301
86 126
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 165
51 660
35 621
34 500
After tax
84 335
80 840
96 879
98 000
Living cost
36 320
36 320
36 320
36 320
Free-cash
48 015
44 520
60 559
61 680

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54445
₽41970
₽54195
₽56843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
33 387
pensions
-
-
-
8 080
total
-
-
-
41 467
Employee
50 566
-
116 136
-
pensions
3 859
-
10 246
-
income
9 208
-
25 236
-
health
660
-
1 848
-
total
13 727
-
37 330
-
Employer
50 566
-
116 136
-
health
961
-
2 206
-
pensions
5 109
-
14 156
-
total
6 070
-
16 362
-
Corporate
75 864
132 500
-
-
income

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

14 413
25 175
-
-
total
14 413
25 175
-
-
Dividends
61 451
107 325
-
-
withholding
4 609
16 042
-
-
total
4 609
16 042
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 819
41 217
53 692
41 467
After tax
93 681
91 283
78 808
91 033
Living cost
36 838
36 838
36 838
36 838
Free-cash
56 843
54 445
41 970
54 195

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13417
₽46203
₽66594
₽7029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
accident
-
-
-
256
income
-
-
-
34 696
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
41 757
Employee
37 987
-
116 531
-
pensions
4 277
-
7 734
-
income
5 211
-
25 101
-
health
4 349
-
13 343
-
total
13 837
-
46 178
-
Employer
37 987
-
116 531
-
pensions
6 176
-
11 169
-
accident
634
-
1 946
-
unemployment
931
-
2 855
-
total
7 741
-
15 970
-
Corporate
86 772
132 500
-
-
income

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

78 095
119 250
-
-
total
78 095
119 250
-
-
Dividends
8 677
13 250
-
-
withholding
1 649
2 518
-
-
total
1 649
2 518
-
-
Income
132 500
132 500
132 500
132 500
Total tax
101 322
121 768
62 148
41 757
After tax
31 178
10 732
70 352
90 743
Living cost
24 149
24 149
24 149
24 149
Free-cash
7 029
-13 417
46 203
66 594

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽97985
₽75801
₽61363
₽93304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132 500
income
-
-
-
21 185
unemployment
-
-
-
1 590
work injury
-
-
-
663
health insurance
-
-
-
9 805
pensions
-
-
-
24 380
total
-
-
-
57 623
Employee

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

21 623
-
132 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
21 185
-
total
8 108
-
43 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 877
132 500
-
-
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%.

1 109
1 325
-
-
total
1 109
1 325
-
-
Dividends
109 768
131 175
-
-
withholding
16 465
19 676
-
-
total
16 465
19 676
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 682
21 001
43 185
57 623
After tax
106 818
111 499
89 315
74 877
Living cost
13 514
13 514
13 514
13 514
Free-cash
93 304
97 985
75 801
61 363

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29932
₽18259
₽24316
₽25382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
social contributions
-
-
-
34 078
regional
-
-
-
2 946
municipal
-
-
-
887
national
-
-
-
30 414
total
-
-
-
68 325
Employee
84 312
-
132 500
-
municipal
503
-
790
-
national
14 248
-
26 385
-
regional
1 273
-
2 528
-
social contributions
28 430
-
44 679
-
total
44 454
-
74 382
-
Employer
84 312
-
132 500
-
total
-
-
-
-
Corporate
48 188
132 500
-
-
municipal
2 322
6 387
-
-
nationa
11 565
31 800
-
-
total
13 887
38 187
-
-
Dividends
34 301
94 313
-
-
withholding
8 918
24 522
-
-
total
8 918
24 522
-
-
Income
132 500
132 500
132 500
132 500
Total tax
67 259
62 709
74 382
68 325
After tax
65 241
69 791
58 118
64 175
Living cost
39 859
39 859
39 859
39 859
Free-cash
25 382
29 932
18 259
24 316

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close