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
₽37745
₽57900
₽44078
₽48389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 856
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.

-
-
-
2 027
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.

-
-
-
6 573
trade
-
-
-
13 822
total
-
-
-
59 278
Employee

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

36 802
-
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.

57
-
2 027
-
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.

1 028
-
36 856
-
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.

6 573
-
6 573
-
total
7 658
-
45 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 698
132 500
-
-
income
14 355
19 875
-
-
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.

789
1 094
-
-
chamber of commerce
283
336
-
-
trade
15 073
20 868
-
-
total
30 500
42 173
-
-
Dividends
65 198
90 327
-
-
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.

876
1 222
-
-
withholding
15 933
22 216
-
-
total
16 809
23 438
-
-
Income
132 500
132 500
132 500
132 500
Total tax
54 967
65 611
45 456
59 278
After tax
77 533
66 889
87 044
73 222
Living cost
29 144
29 144
29 144
29 144
Free-cash
48 389
37 745
57 900
44 078

Estimated living cost  is ₽29144 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31262
₽28623
₽27584
₽30407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 188
national
-
-
-
21 986
pensions
-
-
-
15 900
total
-
-
-
53 498
Employee
79 708
-
114 545
-
municipal
9 845
-
14 701
-
pensions
3 188
-
4 582
-
national
15 256
-
22 781
-
total
28 289
-
42 064
-
Employer
79 708
-
114 545
-
pensions
6 377
-
9 164
-
social contributions
857
-
1 231
-
total
7 234
-
10 395
-
Corporate
40 298
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%.

8 060
26 500
-
-
total
8 060
26 500
-
-
Dividends
32 239
106 000
-
-
withholding
7 092
23 320
-
-
total
7 092
23 320
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 675
49 820
52 459
53 498
After tax
81 825
82 680
80 041
79 002
Living cost
51 418
51 418
51 418
51 418
Free-cash
30 407
31 262
28 623
27 584

Estimated living cost  is ₽51418 per week

₽34948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85983
₽54255
₽20930
₽78090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 901
surtax
-
-
-
33 787
social contributions

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

-
-
-
36 865
microenterprise
-
-
-
-
total
-
-
-
91 553
Employee
28 115
-
106 776
-
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.

3 093
-
11 746
-
income
5 005
-
20 760
-
total
8 098
-
32 506
-
Employer
28 115
-
106 776
-
social contributions

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

6 772
-
25 722
-
surtax
-
-
-
-
total
6 772
-
25 722
-
Corporate
97 612
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%.

19 523
26 500
-
-
total
19 523
26 500
-
-
Dividends

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

78 089
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
34 393
26 500
58 228
91 553
After tax
98 107
106 000
74 272
40 947
Living cost
20 017
20 017
20 017
20 017
Free-cash
78 090
85 983
54 255
20 930

Estimated living cost  is ₽20017 per week

₽12771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24743
₽37725
₽35417
₽18847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 638
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
56 776
Employee
82 167
82 167
114 619
-
pensions
14 790
11 273
11 273
-
income

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

13 449
13 449
13 449
-
health
12 612
10 727
11 865
-
total
40 851
35 449
36 587
-
Employer
82 167
82 167
114 619
-
health
5 711
5 711
7 097
-
pensions
5 719
5 719
7 108
-
unemployment
2 958
2 958
3 676
-
total
14 388
14 388
17 881
-
Corporate
36 953
35 945
-
-
income
7 391
7 189
-
-
total
7 391
7 189
-
-
Dividends
29 562
28 757
-
-
income
6 281
6 111
-
-
withholding
4 435
4 313
-
-
total
10 716
10 424
-
-
Income
132 500
132 500
132 500
132 500
Total tax
73 346
67 450
54 468
56 776
After tax
59 154
65 050
78 032
75 724
Living cost
40 307
40 307
40 307
40 307
Free-cash
18 847
24 743
37 725
35 417

Estimated living cost  is ₽40307 per week

₽28565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32985
₽29818
₽30879
₽32101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
172
other
-
-
-
10 024
unemployment
-
-
-
86
health
-
-
-
5 383
municipal
-
-
-
32 059
national
-
-
-
5 212
pensions
-
-
-
9 325
total
-
-
-
62 261
Employee
56 084
-
105 396
-
municipal
16 724
-
31 429
-
national
-
-
4 790
-
total
16 724
-
36 219
-
Employer
56 084
-
105 396
-
health
3 449
-
5 305
-
pensions
6 063
-
9 325
-
accident
112
-
172
-
unemployment
1 481
-
2 277
-
other
6 517
-
10 024
-
total
17 622
-
27 103
-
Corporate
58 795
132 500
-
-
income
12 935
29 150
-
-
total
12 935
29 150
-
-
Dividends
45 860
103 350
-
-
withholding
13 758
31 005
-
-
total
13 758
31 005
-
-
Income
132 500
132 500
132 500
132 500
Total tax
61 039
60 155
63 322
62 261
After tax
71 461
72 345
69 178
70 239
Living cost
39 360
39 360
39 360
39 360
Free-cash
32 101
32 985
29 818
30 879

Estimated living cost  is ₽39360 per week

₽26086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28409
₽49245
₽34807
₽41931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 856
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.

-
-
-
2 027
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.

-
-
-
6 573
trade
-
-
-
14 438
total
-
-
-
59 894
Employee

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

48 794
-
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.

230
-
2 027
-
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.

4 192
-
36 856
-
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.

6 573
-
6 573
-
total
10 995
-
45 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 706
132 500
-
-
income
12 555
19 875
-
-
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.

690
1 094
-
-
chamber of commerce
265
334
-
-
trade
13 769
21 796
-
-
total
27 279
43 099
-
-
Dividends
56 426
89 401
-
-
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.

756
1 209
-
-
withholding
13 740
21 984
-
-
total
14 496
23 193
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 770
66 292
45 456
59 894
After tax
79 730
66 208
87 044
72 606
Living cost
37 799
37 799
37 799
37 799
Free-cash
41 931
28 409
49 245
34 807

Estimated living cost  is ₽37799 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽65571
₽59943
₽61207
₽61583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 139
social contributions
-
-
-
15 568
health
-
-
-
3 378
total
-
-
-
40 085
Employee
73 987
73 987
121 961
-
social contributions
3 595
6 141
8 282
-
income
7 769
6 849
20 456
-
health
736
1 258
2 072
-
total
12 100
14 248
30 810
-
Employer
73 987
73 987
121 961
-
health
802
1 369
2 257
-
social contributions
3 595
6 141
8 282
-
total
4 397
7 510
10 539
-
Corporate
84 794
51 003
-
-
income
10 599
6 376
-
-
total
10 599
6 376
-
-
Dividends
74 195
44 627
-
-
withholding
12 613
7 587
-
-
total
12 613
7 587
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 709
35 721
41 349
40 085
After tax
92 791
96 779
91 151
92 415
Living cost
31 208
31 208
31 208
31 208
Free-cash
61 583
65 571
59 943
61 207

Estimated living cost  is ₽31208 per week

₽21334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
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.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56842
₽59140
₽74118
₽57209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 988
health
-
-
-
9 275
pensions
-
-
-
13 250
total
-
-
-
40 711
Employee

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

The minimum wage is 138,000 HUF per month.

25 508
10 152
110 879
-
unemployment
383
152
1 663
-
pensions
2 551
1 015
11 088
-
income
3 118
1 241
13 555
-
health
1 786
711
7 762
-
total
7 838
3 119
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.

25 508
10 152
110 879
-
pensions
4 974
1 980
21 621
-
total
4 974
1 980
21 621
-
Corporate
102 018
120 369
-
-
income
9 182
10 833
-
-
total
9 182
10 833
-
-
Dividends
92 836
109 535
-
-
social contributions
17 987
21 243
-
-
withholding
17 639
20 812
-
-
total
35 626
42 055
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 620
57 987
55 689
40 711
After tax
74 880
74 513
76 811
91 789
Living cost
17 671
17 671
17 671
17 671
Free-cash
57 209
56 842
59 140
74 118

Estimated living cost  is ₽17671 per week

₽12059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Budapest model

Close
Tallinn , Estonia
₽82760
₽53133
₽47778
₽76782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 226
pensions
-
-
-
26 501
total
-
-
-
61 482
Employee
27 296
-
99 027
-
unemployment
436
-
1 585
-
pensions
546
-
1 981
-
income
3 073
-
19 092
-
total
4 055
-
22 658
-
Employer
27 296
-
99 027
-
health
3 548
-
12 873
-
pensions
5 460
-
19 804
-
unemployment
219
-
792
-
total
9 227
-
33 469
-
Corporate
95 978
132 500
-
-
income
19 196
26 500
-
-
total
19 196
26 500
-
-
Dividends
76 782
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
32 478
26 500
56 127
61 482
After tax
100 022
106 000
76 373
71 018
Living cost
23 240
23 240
23 240
23 240
Free-cash
76 782
82 760
53 133
47 778

Estimated living cost  is ₽23240 per week

₽15940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10739
₽49113
₽69248
₽7439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
246
income
-
-
-
34 983
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
41 780
Employee
33 776
-
116 930
-
pensions
3 803
-
7 446
-
income
4 634
-
25 509
-
health
3 867
-
13 389
-
total
12 304
-
46 344
-
Employer
33 776
-
116 930
-
pensions
5 492
-
10 753
-
accident
564
-
1 953
-
unemployment
827
-
2 865
-
total
6 883
-
15 571
-
Corporate
91 841
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.

82 657
119 250
-
-
total
82 657
119 250
-
-
Dividends
9 184
13 250
-
-
withholding
1 745
2 517
-
-
total
1 745
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 589
121 767
61 915
41 780
After tax
28 911
10 733
70 585
90 720
Living cost
21 472
21 472
21 472
21 472
Free-cash
7 439
-10 739
49 113
69 248

Estimated living cost  is ₽21472 per week

₽15737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117995
₽98120
₽123295
₽116517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 850
-
132 500
-
income
1 970
-
26 500
-
total
1 970
-
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%.

122 650
132 500
-
-
total
-
-
-
-
Dividends
122 650
132 500
-
-
withholding
6 133
6 625
-
-
total
6 133
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 103
6 625
26 500
1 325
After tax
124 397
125 875
106 000
131 175
Living cost
7 880
7 880
7 880
7 880
Free-cash
116 517
117 995
98 120
123 295

Estimated living cost  is ₽7880 per week

₽4883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71710
₽50345
₽44865
₽65213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 073
other
-
-
-
6 294
health
-
-
-
5 830
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
-
-
-
61 997
Employee
34 936
-
105 831
-
unemployment
349
-
1 059
-
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.

2 445
-
7 408
-
income
6 015
-
19 899
-
health
489
-
1 481
-
total
9 298
-
29 847
-
Employer
34 936
-
105 831
-
health
489
-
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.

5 940
-
17 991
-
accident
279
-
847
-
unemployment
349
-
1 059
-
other
1 747
-
5 292
-
total
8 804
-
26 670
-
Corporate
88 760
132 500
-
-
income
18 639
27 825
-
-
total
18 639
27 825
-
-
Dividends
70 121
104 675
-
-
withholding
4 908
7 327
-
-
total
4 908
7 327
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 649
35 152
56 517
61 997
After tax
90 851
97 348
75 983
70 503
Living cost
25 638
25 638
25 638
25 638
Free-cash
65 213
71 710
50 345
44 865

Estimated living cost  is ₽25638 per week

₽18115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26912
₽14714
₽26897
₽22619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 152
pensions
-
-
-
7 856
total
-
-
-
42 008
Employee
89 978
-
116 071
-
pensions
8 680
-
9 918
-
income
16 219
-
26 026
-
health
1 483
-
1 818
-
total
26 382
-
37 762
-
Employer
89 978
-
116 071
-
health
1 709
-
2 205
-
pensions
10 624
-
14 224
-
total
12 333
-
16 429
-
Corporate
30 190
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.

5 736
25 174
-
-
total
5 736
25 174
-
-
Dividends
24 454
107 326
-
-
withholding
1 835
16 819
-
-
total
1 835
16 819
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 286
41 993
54 191
42 008
After tax
86 214
90 507
78 309
90 492
Living cost
63 595
63 595
63 595
63 595
Free-cash
22 619
26 912
14 714
26 897

Estimated living cost  is ₽63595 per week

₽47653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽100681
₽95850
₽91051
₽96213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
28 842
Employee
16 693
-
125 911
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 466
-
2 949
-
income
1 669
-
12 591
-
health
768
-
1 545
-
total
4 087
-
17 454
-
Employer
16 693
-
125 911
-
health
1 152
-
2 317
-
pensions

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

1 840
-
3 701
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
unemployment
100
-
202
-
total
3 276
-
6 589
-
Corporate
112 531
132 500
-
-
income
11 253
13 250
-
-
total
11 253
13 250
-
-
Dividends
101 278
119 250
-
-
withholding
5 064
5 962
-
-
total
5 064
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
23 680
19 212
24 043
28 842
After tax
108 820
113 288
108 457
103 658
Living cost
12 607
12 607
12 607
12 607
Free-cash
96 213
100 681
95 850
91 051

Estimated living cost  is ₽12607 per week

₽7360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11696
₽24678
₽22370
₽14116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 638
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
56 776
Employee
89 206
82 167
114 619
-
pensions
11 273
11 273
11 273
-
income

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

13 449
13 449
13 449
-
health
11 129
10 727
11 865
-
total
35 851
35 449
36 587
-
Employer
89 206
82 167
114 619
-
health
6 199
5 711
7 097
-
pensions
6 208
5 719
7 108
-
unemployment
3 212
2 958
3 676
-
total
15 619
14 388
17 881
-
Corporate
27 675
35 945
-
-
income
5 534
7 189
-
-
total
5 534
7 189
-
-
Dividends
22 140
28 757
-
-
income
4 705
6 111
-
-
withholding
3 321
4 313
-
-
total
8 026
10 424
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 030
67 450
54 468
56 776
After tax
67 470
65 050
78 032
75 724
Living cost
53 354
53 354
53 354
53 354
Free-cash
14 116
11 696
24 678
22 370

Estimated living cost  is ₽53354 per week

₽39358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67296
₽43309
₽44220
₽58760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 027
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
-
health
-
-
-
17 888
total
-
-
-
64 350
Employee
35 191
-
98 881
-
solidarity contribution
-
-
-
-
social contributions
2 287
-
6 427
-
income
4 223
-
11 866
-
health
4 751
-
13 349
-
total
11 261
-
31 642
-
Employer
35 191
-
98 881
-
health
3 167
-
8 899
-
social contributions
8 798
-
24 720
-
total
11 965
-
33 619
-
Corporate
85 343
132 500
-
-
income
16 215
25 175
-
-
total
16 215
25 175
-
-
Dividends
69 128
107 325
-
-
withholding
10 369
16 099
-
-
total
10 369
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 810
41 274
65 261
64 350
After tax
82 690
91 226
67 239
68 150
Living cost
23 930
23 930
23 930
23 930
Free-cash
58 760
67 296
43 309
44 220

Estimated living cost  is ₽23930 per week

₽16622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30094
₽18520
₽24826
₽25069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 079
regional
-
-
-
1 526
municipal
-
-
-
787
national
-
-
-
30 681
total
-
-
-
67 073
Employee
85 513
-
132 500
-
municipal
453
-
703
-
national
14 817
-
26 653
-
regional
807
-
1 344
-
social contributions
28 835
-
44 679
-
total
44 912
-
73 379
-
Employer
85 513
-
132 500
-
total
-
-
-
-
Corporate
46 987
132 500
-
-
municipal
1 833
5 167
-
-
nationa
11 277
31 800
-
-
total
13 110
36 967
-
-
Dividends
33 877
95 532
-
-
withholding
8 808
24 838
-
-
total
8 808
24 838
-
-
Income
132 500
132 500
132 500
132 500
Total tax
66 830
61 805
73 379
67 073
After tax
65 670
70 695
59 121
65 427
Living cost
40 601
40 601
40 601
40 601
Free-cash
25 069
30 094
18 520
24 826

Estimated living cost  is ₽40601 per week

₽28302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62110
₽38916
₽41641
₽59115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 354
other
-
-
-
-
surtax
-
-
-
4 254
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
69 627
Employee
31 819
-
109 459
-
other
-
-
-
-
unemployment
2 215
-
7 618
-
pensions
2 122
-
7 300
-
surtax
104
-
3 825
-
income
5 334
-
27 776
-
health
813
-
2 792
-
total
10 588
-
49 311
-
Employer
31 819
-
109 459
-
health
1 448
-
4 981
-
pensions
4 242
-
14 591
-
unemployment
1 008
-
3 469
-
other
-
-
-
-
total
6 698
-
23 041
-
Corporate
93 984
132 500
-
-
income
24 436
34 450
-
-
total
24 436
34 450
-
-
Dividends
69 547
98 050
-
-
withholding
10 431
14 708
-
-
total
10 431
14 708
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 153
49 158
72 352
69 627
After tax
80 347
83 342
60 148
62 873
Living cost
21 232
21 232
21 232
21 232
Free-cash
59 115
62 110
38 916
41 641

Estimated living cost  is ₽21232 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
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.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47060
₽34862
₽47045
₽48347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 152
pensions
-
-
-
7 856
total
-
-
-
42 008
Employee
60 301
-
116 071
-
pensions
5 118
-
9 918
-
income
10 860
-
26 026
-
health
875
-
1 818
-
total
16 853
-
37 762
-
Employer
60 301
-
116 071
-
health
1 146
-
2 205
-
pensions
6 528
-
14 224
-
total
7 674
-
16 429
-
Corporate
64 526
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.

12 259
25 174
-
-
total
12 259
25 174
-
-
Dividends
52 267
107 326
-
-
withholding
3 920
16 819
-
-
total
3 920
16 819
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 706
41 993
54 191
42 008
After tax
91 794
90 507
78 309
90 492
Living cost
43 447
43 447
43 447
43 447
Free-cash
48 347
47 060
34 862
47 045

Estimated living cost  is ₽43447 per week

₽32550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15956
₽26028
₽32503
₽16796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 509
health
-
-
-
299
city
-
-
-
1 396
national
-
-
-
1 406
pensions
-
-
-
12 191
total
-
-
-
23 451
Employee
89 579
-
118 594
-
unemployment
-
-
-
-
pensions
7 526
-
9 962
-
national
424
-
1 107
-
regional
2 933
-
4 716
-
city
961
-
1 274
-
health
202
-
267
-
total
12 046
-
17 326
-
Employer
89 579
-
118 594
-
health
202
-
267
-
pensions
7 526
-
9 962
-
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.

1 791
-
2 371
-
total
9 519
-
12 600
-
Corporate
32 417
132 500
-
-
regional
6 855
28 023
-
-
national
2 756
11 263
-
-
total
9 611
39 286
-
-
Dividends
22 805
93 213
-
-
withholding
7 982
32 624
-
-
total
7 982
32 624
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 158
71 910
29 926
23 451
After tax
93 342
60 590
102 574
109 049
Living cost
76 546
76 546
76 546
76 546
Free-cash
16 796
-15 956
26 028
32 503

Estimated living cost  is ₽76546 per week

₽49777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21447
₽42966
₽27915
₽37050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 856
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.

-
-
-
2 027
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.

-
-
-
6 573
trade
-
-
-
15 051
total
-
-
-
60 507
Employee

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

57 825
-
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.

374
-
2 027
-
income

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

6 800
-
36 856
-
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.

6 573
-
6 573
-
total
13 747
-
45 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 675
132 500
-
-
income
11 202
19 875
-
-
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.

615
1 094
-
-
chamber of commerce
252
332
-
-
trade
12 807
22 724
-
-
total
24 876
44 025
-
-
Dividends
49 798
88 475
-
-
surtax

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

665
1 196
-
-
withholding
12 084
21 754
-
-
total
12 749
22 950
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 372
66 975
45 456
60 507
After tax
81 128
65 525
87 044
71 993
Living cost
44 078
44 078
44 078
44 078
Free-cash
37 050
21 447
42 966
27 915

Estimated living cost  is ₽44078 per week

₽32193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33860
₽44040
₽42350
₽39544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 751
other
-
-
-
4 108
surtax
-
-
-
-
social contributions
-
-
-
3 774
health
-
-
-
4 448
pensions
-
-
-
27 150
total
-
-
-
57 231
Employee
41 180
-
104 737
-
pensions
4 656
-
6 374
-
surtax
-
-
-
-
social contributions
1 174
-
2 985
-
income
2 430
-
18 418
-
total
8 260
-
27 777
-
Employer
41 180
-
104 737
-
health
2 883
-
8 616
-
pensions
6 765
-
10 894
-
unemployment
1 667
-
4 242
-
social contributions
124
-
314
-
other
1 421
-
3 698
-
total
12 860
-
27 764
-
Corporate
78 460
132 500
-
-
income
21 970
37 099
-
-
surtax
-
-
-
-
total
21 970
37 099
-
-
Dividends
56 491
95 401
-
-
surtax
-
-
-
-
social contributions
9 716
16 410
-
-
withholding
7 231
12 212
-
-
total
16 947
28 622
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 037
65 721
55 541
57 231
After tax
72 463
66 779
76 959
75 269
Living cost
32 919
32 919
32 919
32 919
Free-cash
39 544
33 860
44 040
42 350

Estimated living cost  is ₽32919 per week

₽20757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37121
₽47301
₽45611
₽42467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 751
other
-
-
-
4 108
surtax
-
-
-
-
social contributions
-
-
-
3 774
health
-
-
-
4 448
pensions
-
-
-
27 150
total
-
-
-
57 231
Employee
36 759
-
104 737
-
pensions
4 158
-
6 374
-
surtax
-
-
-
-
social contributions
1 048
-
2 985
-
income
1 895
-
18 418
-
total
7 101
-
27 777
-
Employer
36 759
-
104 737
-
health
2 573
-
8 616
-
pensions
6 040
-
10 894
-
unemployment
1 488
-
4 242
-
social contributions
110
-
314
-
other
1 269
-
3 698
-
total
11 480
-
27 764
-
Corporate
84 262
132 500
-
-
income
23 593
37 099
-
-
surtax
-
-
-
-
total
23 593
37 099
-
-
Dividends
60 669
95 401
-
-
surtax
-
-
-
-
social contributions
10 435
16 410
-
-
withholding
7 766
12 212
-
-
total
18 201
28 622
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 375
65 721
55 541
57 231
After tax
72 125
66 779
76 959
75 269
Living cost
29 658
29 658
29 658
29 658
Free-cash
42 467
37 121
47 301
45 611

Estimated living cost  is ₽29658 per week

₽17200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60435
₽63044
₽64689
₽60932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
18 285
health
-
-
-
9 248
total
-
-
-
47 408
Employee
32 624
-
132 500
-
social contributions
4 503
-
18 285
-
income
5 441
-
21 520
-
health
2 277
-
9 248
-
total
12 221
-
49 053
-
Employer
32 624
-
132 500
-
total
-
-
-
-
Corporate
99 876
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%.

4 994
6 624
-
-
total
4 994
6 624
-
-
Dividends
94 882
125 876
-
-
social contributions
13 094
17 370
-
-
withholding
14 233
18 882
-
-
health
6 623
8 786
-
-
total
33 950
45 038
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 165
51 662
49 053
47 408
After tax
81 335
80 838
83 447
85 092
Living cost
20 403
20 403
20 403
20 403
Free-cash
60 932
60 435
63 044
64 689

Estimated living cost  is ₽20403 per week

₽13654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39765
₽1624
₽33260
₽38274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 322
surtax
-
-
-
190
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
530
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
65 336
Employee
48 086
38 344
102 743
-
other
480
383
1 028
-
unemployment
1 442
1 150
3 082
-
pensions
4 925
3 926
10 521
-
income
5 474
2 828
23 834
-
health
1 861
1 484
3 977
-
total
14 182
9 771
42 442
-
Employer
48 086
38 344
102 743
-
chamber of commerce
192
153
411
-
health
1 817
1 450
3 884
-
pensions
6 035
4 813
12 895
-
accident
624
498
1 335
-
unemployment
1 442
1 150
3 082
-
surtax
190
190
190
-
payroll
1 442
1 150
3 082
-
other
2 284
1 820
4 879
-
total
14 026
11 224
29 758
-
Corporate
70 388
82 930
99 091
-
income

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

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

17 596
20 733
24 772
-
total
17 596
20 733
24 772
-
Dividends
52 791
62 197
-
-
withholding
14 518
17 103
-
-
total
14 518
17 103
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 322
58 831
96 972
65 336
After tax
72 178
73 669
35 528
67 164
Living cost
33 904
33 904
33 904
33 904
Free-cash
38 274
39 765
1 624
33 260

Estimated living cost  is ₽33904 per week

₽22612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39097
₽13633
₽23494
₽24666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 697
social contributions
-
-
-
20 874
national
-
-
-
46 353
total
-
-
-
73 924
Employee

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

68 826
-
102 622
-
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.

599
-
893
-
communal

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

3 590
-
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.

5 162
-
7 696
-
national
21 160
-
35 145
-
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.

3 234
-
4 822
-
total
33 745
-
53 908
-
Employer

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

68 826
-
102 622
-
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.

4 232
-
6 312
-
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.

6 099
-
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.

895
-
1 335
-
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.

1 004
-
1 499
-
surtax
7 804
-
11 638
-
total
20 034
-
29 877
-
Corporate
43 640
132 500
-
-
income
8 728
26 500
-
-
surtax
175
530
-
-
total
8 903
27 030
-
-
Dividends
34 737
105 471
-
-
withholding

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

10 070
31 291
-
-
total
10 070
31 291
-
-
Income
132 500
132 500
132 500
132 500
Total tax
72 752
58 321
83 785
73 924
After tax
59 748
74 179
48 715
58 576
Living cost
35 082
35 082
35 082
35 082
Free-cash
24 666
39 097
13 633
23 494

Estimated living cost  is ₽35082 per week

₽22598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54018
₽35098
₽39721
₽46781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
803
income
-
-
-
31 277
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
58 031
Employee
47 895
-
104 069
-
other
47
-
89
-
unemployment
743
-
1 382
-
pensions
2 251
-
4 192
-
income
10 106
-
28 560
-
total
13 147
-
34 223
-
Employer
47 895
-
104 069
-
pensions
11 302
-
21 047
-
accident
948
-
1 766
-
unemployment
2 635
-
4 904
-
other
382
-
714
-
total
15 267
-
28 431
-
Corporate
69 338
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.

10 400
19 875
-
-
total
10 400
19 875
-
-
Dividends
58 938
112 625
-
-
withholding
12 157
23 859
-
-
total
12 157
23 859
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 971
43 734
62 654
58 031
After tax
81 529
88 766
69 846
74 469
Living cost
34 748
34 748
34 748
34 748
Free-cash
46 781
54 018
35 098
39 721

Estimated living cost  is ₽34748 per week

₽25588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27098
₽22642
₽17362
₽16874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 374
accident
-
-
-
1 117
income
-
-
-
17 619
surtax
-
-
-
6 568
health
-
-
-
9 310
pensions
-
-
-
19 861
total
-
-
-
62 849
Employee
72 865
-
118 356
-
pensions
5 828
-
9 469
-
surtax
4 466
-
7 254
-
income
7 038
-
21 436
-
health
3 243
-
5 266
-
total
20 575
-
43 425
-
Employer
72 865
-
118 356
-
health
2 222
-
3 610
-
pensions
5 828
-
9 469
-
accident
656
-
1 065
-
total
8 706
-
14 144
-
Corporate
50 929
132 500
-
-
communal
3 438
8 943
-
-
income
7 640
19 875
-
-
surtax
535
1 391
-
-
total
11 613
30 209
-
-
Dividends
39 316
102 290
-
-
income
16 545
7 561
-
-
withholding
5 898
15 343
-
-
total
22 443
22 904
-
-
Income
132 500
132 500
132 500
132 500
Total tax
63 337
53 113
57 569
62 849
After tax
69 163
79 387
74 931
69 651
Living cost
52 289
52 289
52 289
52 289
Free-cash
16 874
27 098
22 642
17 362

Estimated living cost  is ₽52289 per week

₽39224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61730
₽38536
₽41261
₽58670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 354
other
-
-
-
-
surtax
-
-
-
4 254
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
69 627
Employee
32 403
-
109 459
-
other
-
-
-
-
unemployment
2 255
-
7 618
-
pensions
2 162
-
7 300
-
surtax
115
-
3 825
-
income
5 432
-
27 776
-
health
827
-
2 792
-
total
10 791
-
49 311
-
Employer
32 403
-
109 459
-
health
1 474
-
4 981
-
pensions
4 320
-
14 591
-
unemployment
1 028
-
3 469
-
other
-
-
-
-
total
6 822
-
23 041
-
Corporate
93 275
132 500
-
-
income
24 252
34 450
-
-
total
24 252
34 450
-
-
Dividends
69 024
98 050
-
-
withholding
10 353
14 708
-
-
total
10 353
14 708
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 218
49 158
72 352
69 627
After tax
80 282
83 342
60 148
62 873
Living cost
21 612
21 612
21 612
21 612
Free-cash
58 670
61 730
38 536
41 261

Estimated living cost  is ₽21612 per week

₽13048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43726
₽32763
₽39036
₽41589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 079
regional
-
-
-
1 998
municipal
-
-
-
787
national
-
-
-
30 681
total
-
-
-
67 545
Employee
53 374
-
132 500
-
municipal
283
-
703
-
national
8 456
-
26 653
-
regional
719
-
1 783
-
social contributions
17 998
-
44 679
-
total
27 456
-
73 818
-
Employer
53 374
-
132 500
-
total
-
-
-
-
Corporate
79 126
132 500
-
-
municipal
3 933
6 586
-
-
nationa
18 990
31 800
-
-
total
22 923
38 386
-
-
Dividends
56 204
94 114
-
-
withholding
14 613
24 469
-
-
total
14 613
24 469
-
-
Income
132 500
132 500
132 500
132 500
Total tax
64 992
62 855
73 818
67 545
After tax
67 508
69 645
58 682
64 955
Living cost
25 919
25 919
25 919
25 919
Free-cash
41 589
43 726
32 763
39 036

Estimated living cost  is ₽25919 per week

₽16119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61738
₽37751
₽38662
₽51219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 027
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
-
health
-
-
-
17 888
total
-
-
-
64 350
Employee
43 365
-
98 881
-
solidarity contribution
-
-
-
-
social contributions
2 819
-
6 427
-
income
5 204
-
11 866
-
health
5 854
-
13 349
-
total
13 877
-
31 642
-
Employer
43 365
-
98 881
-
health
3 903
-
8 899
-
social contributions
10 841
-
24 720
-
total
14 744
-
33 619
-
Corporate
74 391
132 500
-
-
income
14 134
25 175
-
-
total
14 134
25 175
-
-
Dividends
60 257
107 325
-
-
withholding
9 038
16 099
-
-
total
9 038
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 793
41 274
65 261
64 350
After tax
80 707
91 226
67 239
68 150
Living cost
29 488
29 488
29 488
29 488
Free-cash
51 219
61 738
37 751
38 662

Estimated living cost  is ₽29488 per week

₽21929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43073
₽4866
₽36657
₽42594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 322
surtax
-
-
-
-
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
530
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
65 146
Employee
42 060
38 344
102 889
-
other
420
383
1 028
-
unemployment
1 262
1 150
3 086
-
pensions
4 307
3 926
10 536
-
income
3 747
2 828
23 885
-
health
1 627
1 484
3 982
-
total
11 363
9 771
42 517
-
Employer
42 060
38 344
102 889
-
chamber of commerce
168
153
411
-
health
1 590
1 450
3 889
-
pensions
5 279
4 813
12 913
-
accident
546
498
1 338
-
unemployment
1 262
1 150
3 086
-
surtax
-
-
-
-
payroll
1 262
1 150
3 086
-
other
1 998
1 820
4 888
-
total
12 105
11 034
29 611
-
Corporate
78 336
83 120
99 237
-
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.

19 585
20 781
24 809
-
total
19 585
20 781
24 809
-
Dividends
58 751
62 339
-
-
withholding
16 156
17 144
-
-
total
16 156
17 144
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 209
58 730
96 937
65 146
After tax
73 291
73 770
35 563
67 354
Living cost
30 697
30 697
30 697
30 697
Free-cash
42 594
43 073
4 866
36 657

Estimated living cost  is ₽30697 per week

₽18414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113596
₽93721
₽118896
₽111294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 349
-
132 500
-
income
3 070
-
26 500
-
total
3 070
-
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%.

117 151
132 500
-
-
total
-
-
-
-
Dividends
117 151
132 500
-
-
withholding
5 857
6 625
-
-
total
5 857
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 927
6 625
26 500
1 325
After tax
123 573
125 875
106 000
131 175
Living cost
12 279
12 279
12 279
12 279
Free-cash
111 294
113 596
93 721
118 896

Estimated living cost  is ₽12279 per week

₽8310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
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.
₽3042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65417
₽37272
₽40782
₽57369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 475
unemployment
-
-
-
199
health
-
-
-
13 039
pensions
-
-
-
24 197
total
-
-
-
65 910
Employee

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

42 548
-
114 648
-
unemployment
60
-
161
-
pensions
6 595
-
17 770
-
income
7 337
-
26 231
-
health
2 748
-
7 406
-
total
16 740
-
51 568
-
Employer

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

42 548
-
114 648
-
health
2 834
-
7 636
-
pensions
3 765
-
10 147
-
unemployment
26
-
69
-
total
6 625
-
17 852
-
Corporate
83 328
132 500
-
-
income
15 833
25 176
-
-
total
15 833
25 176
-
-
Dividends
67 495
107 324
-
-
withholding
10 125
16 099
-
-
total
10 125
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 323
41 275
69 420
65 910
After tax
83 177
91 225
63 080
66 590
Living cost
25 808
25 808
25 808
25 808
Free-cash
57 369
65 417
37 272
40 782

Estimated living cost  is ₽25808 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38997
₽78196
₽49952
-₽11307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 671
-
-
-
social contributions
4 893
-
697
-
income
13 162
-
-
-
total
18 055
-
697
-
Employer
59 671
-
-
-
social contributions
84 136
-
11 991
-
total
84 136
-
11 991
-
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
102 191
51 887
12 688
40 932
After tax
30 309
80 613
119 812
91 568
Living cost
41 616
41 616
41 616
41 616
Free-cash
-11 307
38 997
78 196
49 952

Estimated living cost  is ₽41616 per week

₽27002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45184
₽33106
₽42035
₽44215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 240
surtax
-
-
-
-
social contributions

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

-
-
-
46 044
total
-
-
-
60 284
Employee
44 253
-
107 070
-
surtax
-
-
-
-
social contributions
4 868
-
11 777
-
income
9 205
-
32 006
-
total
14 073
-
43 783
-
Employer
44 253
-
107 070
-
social contributions
10 510
-
25 430
-
total
10 510
-
25 430
-
Corporate
77 737
132 500
-
-
income
16 326
27 825
-
-
surtax
-
-
-
-
total
16 326
27 825
-
-
Dividends
61 411
104 675
-
-
withholding
17 195
29 310
-
-
total
17 195
29 310
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 104
57 135
69 213
60 284
After tax
74 396
75 365
63 287
72 216
Living cost
30 181
30 181
30 181
30 181
Free-cash
44 215
45 184
33 106
42 035

Estimated living cost  is ₽30181 per week

₽22581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20307
₽30487
₽28797
₽26922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 751
other
-
-
-
4 108
surtax
-
-
-
-
social contributions
-
-
-
3 774
health
-
-
-
4 448
pensions
-
-
-
27 150
total
-
-
-
57 231
Employee
60 263
-
104 737
-
pensions
6 816
-
6 374
-
surtax
-
-
-
-
social contributions
1 716
-
2 985
-
income
5 258
-
18 418
-
total
13 790
-
27 777
-
Employer
60 263
-
104 737
-
health
4 218
-
8 616
-
pensions
9 902
-
10 894
-
unemployment
2 441
-
4 242
-
social contributions
181
-
314
-
other
2 080
-
3 698
-
total
18 822
-
27 764
-
Corporate
53 415
132 500
-
-
income
14 956
37 099
-
-
surtax
-
-
-
-
total
14 956
37 099
-
-
Dividends
38 459
95 401
-
-
surtax
-
-
-
-
social contributions
6 615
16 410
-
-
withholding
4 923
12 212
-
-
total
11 538
28 622
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 106
65 721
55 541
57 231
After tax
73 394
66 779
76 959
75 269
Living cost
46 472
46 472
46 472
46 472
Free-cash
26 922
20 307
30 487
28 797

Estimated living cost  is ₽46472 per week

₽31452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90326
₽73456
₽69934
₽87095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 492
social contributions
-
-
-
29 151
total
-
-
-
33 643
Employee
30 933
-
114 719
-
income
-
-
4 883
-
social contributions
2 010
-
7 457
-
total
2 010
-
12 340
-
Employer
30 933
-
114 719
-
social contributions
4 795
-
17 781
-
total
4 795
-
17 781
-
Corporate
96 772
132 500
-
-
income
9 677
13 251
-
-
total
9 677
13 251
-
-
Dividends
87 095
119 249
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
16 482
13 251
30 121
33 643
After tax
116 018
119 249
102 379
98 857
Living cost
28 923
28 923
28 923
28 923
Free-cash
87 095
90 326
73 456
69 934

Estimated living cost  is ₽28923 per week

₽18701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76806
-₽76806
₽34002
-₽76806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 533
municipal
-
-
-
26 510
national
-
-
-
14 357
pensions
-
-
-
833
total
-
-
-
52 233
Employee
195 275
195 275
195 275
-
municipal
41 583
41 583
41 583
-
labour market
15 600
15 600
15 600
-
pensions
278
278
278
-
national
23 856
23 856
23 856
-
total
81 317
81 317
81 317
-
Employer
195 275
195 275
195 275
-
national
23 898
23 898
23 898
-
labour market
15 622
15 622
15 622
-
pensions
555
555
555
-
municipal
41 649
41 649
41 649
-
total
81 724
81 724
81 724
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
163 041
163 041
163 041
52 233
After tax
-30 541
-30 541
-30 541
80 267
Living cost
46 265
46 265
46 265
46 265
Free-cash
-76 806
-76 806
-76 806
34 002

Estimated living cost  is ₽46265 per week

₽31665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10422
₽49430
₽69565
₽7488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
246
income
-
-
-
34 983
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
41 780
Employee
33 278
-
116 930
-
pensions
3 747
-
7 446
-
income
4 565
-
25 509
-
health
3 811
-
13 389
-
total
12 123
-
46 344
-
Employer
33 278
-
116 930
-
pensions
5 411
-
10 753
-
accident
556
-
1 953
-
unemployment
815
-
2 865
-
total
6 782
-
15 571
-
Corporate
92 440
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.

83 196
119 250
-
-
total
83 196
119 250
-
-
Dividends
9 244
13 250
-
-
withholding
1 756
2 517
-
-
total
1 756
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 857
121 767
61 915
41 780
After tax
28 643
10 733
70 585
90 720
Living cost
21 155
21 155
21 155
21 155
Free-cash
7 488
-10 422
49 430
69 565

Estimated living cost  is ₽21155 per week

₽15398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48384
₽34918
₽53085
₽49373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 640
municipal
-
-
-
23 554
national
-
-
-
17 280
total
-
-
-
42 474
Employee
50 622
-
111 465
-
municipal
8 292
-
18 172
-
unemployment
760
-
1 673
-
pensions
3 416
-
7 525
-
national
836
-
10 924
-
health
378
-
1 315
-
total
13 682
-
39 609
-
Employer
50 622
-
111 465
-
health
389
-
858
-
pensions
8 783
-
19 338
-
accident
51
-
111
-
unemployment
329
-
725
-
total
9 552
-
21 032
-
Corporate
72 326
132 500
-
-
income
14 465
26 500
-
-
total
14 465
26 500
-
-
Dividends

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

43 396
79 500
-
-
municipal
7 811
14 310
-
-
national
676
6 365
-
-
total
8 487
20 675
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 186
47 175
60 641
42 474
After tax
86 314
85 325
71 859
90 026
Living cost
36 941
36 941
36 941
36 941
Free-cash
49 373
48 384
34 918
53 085

Estimated living cost  is ₽36941 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74502
₽68874
₽70138
₽69269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 139
social contributions
-
-
-
15 568
health
-
-
-
3 378
total
-
-
-
40 085
Employee
73 987
73 987
121 961
-
social contributions
2 797
6 141
8 282
-
income
8 056
6 849
20 456
-
health
573
1 258
2 072
-
total
11 426
14 248
30 810
-
Employer
73 987
73 987
121 961
-
health
623
1 369
2 257
-
social contributions
2 797
6 141
8 282
-
total
3 420
7 510
10 539
-
Corporate
95 376
51 003
-
-
income
11 921
6 376
-
-
total
11 921
6 376
-
-
Dividends
83 455
44 627
-
-
withholding
14 187
7 587
-
-
total
14 187
7 587
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 954
35 721
41 349
40 085
After tax
91 546
96 779
91 151
92 415
Living cost
22 277
22 277
22 277
22 277
Free-cash
69 269
74 502
68 874
70 138

Estimated living cost  is ₽22277 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94447
₽75120
₽94418
₽89551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 176
unemployment
-
-
-
27
health
-
-
-
3 482
pensions
-
-
-
6 120
total
-
-
-
22 805
Employee

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

22 085
-
123 096
-
unemployment
110
-
456
-
pensions
3 312
-
13 694
-
income
1 510
-
10 790
-
health
1 877
-
7 760
-
total
6 809
-
32 700
-
Employer

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

22 085
-
123 096
-
health
949
-
3 926
-
pensions
1 214
-
5 021
-
unemployment
110
-
456
-
total
2 273
-
9 403
-
Corporate
108 141
132 500
-
-
income
9 732
11 925
-
-
total
9 732
11 925
-
-
Dividends
98 409
120 575
-
-
withholding
8 858
10 851
-
-
total
8 858
10 851
-
-
Income
132 500
132 500
132 500
132 500
Total tax
27 672
22 776
42 103
22 805
After tax
104 828
109 724
90 397
109 695
Living cost
15 277
15 277
15 277
15 277
Free-cash
89 551
94 447
75 120
94 418

Estimated living cost  is ₽15277 per week

₽9747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62307
₽43387
₽48010
₽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
accident
-
-
-
803
income
-
-
-
31 277
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
58 031
Employee
35 578
-
104 069
-
other
35
-
89
-
unemployment
551
-
1 382
-
pensions
1 673
-
4 192
-
income
6 859
-
28 560
-
total
9 118
-
34 223
-
Employer
35 578
-
104 069
-
pensions
8 396
-
21 047
-
accident
705
-
1 766
-
unemployment
1 957
-
4 904
-
other
285
-
714
-
total
11 343
-
28 431
-
Corporate
85 580
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.

12 836
19 875
-
-
total
12 836
19 875
-
-
Dividends
72 744
112 625
-
-
withholding
15 057
23 859
-
-
total
15 057
23 859
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 354
43 734
62 654
58 031
After tax
84 146
88 766
69 846
74 469
Living cost
26 459
26 459
26 459
26 459
Free-cash
57 687
62 307
43 387
48 010

Estimated living cost  is ₽26459 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80810
₽83024
₽83157
₽80504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 120
health
-
-
-
989
pensions
-
-
-
1 364
total
-
-
-
47 473
Employee
2 848
-
130 965
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
45 049
-
health
142
-
341
-
total
977
-
46 072
-
Employer
2 848
-
130 965
-
health
271
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
641
-
1 534
-
Corporate
129 011
132 500
-
-
income
28 382
29 150
-
-
total
28 382
29 150
-
-
Dividends
100 629
103 350
-
-
withholding
20 126
20 670
-
-
total
20 126
20 670
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 126
49 820
47 606
47 473
After tax
82 374
82 680
84 894
85 027
Living cost
1 870
1 870
1 870
1 870
Free-cash
80 504
80 810
83 024
83 157

Estimated living cost  is ₽1870 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79098
₽59893
₽59892
₽74366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 108
unemployment
-
-
-
1 066
health
-
-
-
7 321
pensions
-
-
-
18 480
total
-
-
-
55 975
Employee

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

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

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

25 081
-
119 777
-
unemployment
188
-
533
-
pensions
3 511
-
9 951
-
income
3 457
-
29 108
-
health
1 292
-
3 660
-
total
8 448
-
43 252
-
Employer

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

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

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

25 081
-
119 777
-
health
1 292
-
3 660
-
pensions
3 010
-
8 529
-
unemployment
188
-
533
-
total
4 490
-
12 722
-
Corporate
102 930
132 500
-
-
income
15 439
19 875
-
-
total
15 439
19 875
-
-
Dividends
87 490
112 625
-
-
withholding
13 124
16 894
-
-
total
13 124
16 894
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 501
36 769
55 974
55 975
After tax
90 999
95 731
76 526
76 525
Living cost
16 633
16 633
16 633
16 633
Free-cash
74 366
79 098
59 893
59 892

Estimated living cost  is ₽16633 per week

₽11199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49425
₽37347
₽46276
₽49080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 240
surtax
-
-
-
-
social contributions

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

-
-
-
46 044
total
-
-
-
60 284
Employee
37 344
-
107 070
-
surtax
-
-
-
-
social contributions
4 108
-
11 777
-
income
7 297
-
32 006
-
total
11 405
-
43 783
-
Employer
37 344
-
107 070
-
social contributions
8 869
-
25 430
-
total
8 869
-
25 430
-
Corporate
86 287
132 500
-
-
income
18 120
27 825
-
-
surtax
-
-
-
-
total
18 120
27 825
-
-
Dividends
68 167
104 675
-
-
withholding
19 086
29 310
-
-
total
19 086
29 310
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 480
57 135
69 213
60 284
After tax
75 020
75 365
63 287
72 216
Living cost
25 940
25 940
25 940
25 940
Free-cash
49 080
49 425
37 347
46 276

Estimated living cost  is ₽25940 per week

₽18372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54951
₽36031
₽40654
₽48041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
803
income
-
-
-
31 277
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
58 031
Employee
46 469
-
104 069
-
other
46
-
89
-
unemployment
719
-
1 382
-
pensions
2 184
-
4 192
-
income
9 706
-
28 560
-
total
12 655
-
34 223
-
Employer
46 469
-
104 069
-
pensions
10 966
-
21 047
-
accident
920
-
1 766
-
unemployment
2 556
-
4 904
-
other
372
-
714
-
total
14 814
-
28 431
-
Corporate
71 215
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.

10 682
19 875
-
-
total
10 682
19 875
-
-
Dividends
60 534
112 625
-
-
withholding
12 493
23 859
-
-
total
12 493
23 859
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 644
43 734
62 654
58 031
After tax
81 856
88 766
69 846
74 469
Living cost
33 815
33 815
33 815
33 815
Free-cash
48 041
54 951
36 031
40 654

Estimated living cost  is ₽33815 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96748
₽91917
₽87118
₽90886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
28 842
Employee
21 902
-
125 911
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
pensions

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

1 923
-
2 949
-
income
2 191
-
12 591
-
health
1 008
-
1 545
-
total
5 363
-
17 454
-
Employer
21 902
-
125 911
-
health
1 511
-
2 317
-
pensions

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

2 414
-
3 701
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
unemployment
132
-
202
-
total
4 298
-
6 589
-
Corporate
106 301
132 500
-
-
income
10 630
13 250
-
-
total
10 630
13 250
-
-
Dividends
95 671
119 250
-
-
withholding
4 783
5 962
-
-
total
4 783
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 074
19 212
24 043
28 842
After tax
107 426
113 288
108 457
103 658
Living cost
16 540
16 540
16 540
16 540
Free-cash
90 886
96 748
91 917
87 118

Estimated living cost  is ₽16540 per week

₽10940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31104
₽49897
₽37304
₽43692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 856
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.

-
-
-
2 027
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.

-
-
-
6 573
trade
-
-
-
12 593
total
-
-
-
58 049
Employee

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

47 875
-
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.

217
-
2 027
-
income

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

3 937
-
36 856
-
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.

6 573
-
6 573
-
total
10 727
-
45 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 625
132 500
-
-
income
12 694
19 875
-
-
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.

698
1 094
-
-
chamber of commerce
270
340
-
-
trade
12 144
19 013
-
-
total
25 806
40 322
-
-
Dividends
58 820
92 178
-
-
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.

789
1 247
-
-
withholding
14 339
22 680
-
-
total
15 128
23 927
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 661
64 249
45 456
58 049
After tax
80 839
68 251
87 044
74 451
Living cost
37 147
37 147
37 147
37 147
Free-cash
43 692
31 104
49 897
37 304

Estimated living cost  is ₽37147 per week

₽25625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
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.
₽6986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37940
₽19346
₽19346
₽40064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 095
social contributions
-
-
-
21 249
total
-
-
-
58 344
Employee
75 264
-
132 500
-
income
14 202
-
37 095
-
social contributions
6 253
-
21 249
-
total
20 455
-
58 344
-
Employer
75 264
-
132 500
-
total
-
-
-
-
Corporate
57 236
132 500
-
-
income
7 154
16 563
-
-
total
7 154
16 563
-
-
Dividends
50 082
115 937
-
-
withholding
10 017
23 187
-
-
total
10 017
23 187
-
-
Income
132 500
132 500
132 500
132 500
Total tax
37 626
39 750
58 344
58 344
After tax
94 874
92 750
74 156
74 156
Living cost
54 810
54 810
54 810
54 810
Free-cash
40 064
37 940
19 346
19 346

Estimated living cost  is ₽54810 per week

₽41699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4466
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.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46115
₽61540
₽64294
₽49478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 389
health

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

-
-
-
5 890
total
-
-
-
33 279
Employee
44 139
-
128 074
-
income
4 789
-
27 181
-
social contributions
4 422
-
4 426
-
total
9 211
-
31 607
-
Employer
44 139
-
128 074
-
social contributions
4 422
-
4 426
-
total
4 422
-
4 426
-
Corporate
83 938
132 500
-
-
income
29 379
46 375
-
-
total
29 379
46 375
-
-
Dividends
54 559
86 125
-
-
social contributions
5 083
5 083
-
-
total
5 083
5 083
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 095
51 458
36 033
33 279
After tax
84 405
81 042
96 467
99 221
Living cost
34 927
34 927
34 927
34 927
Free-cash
49 478
46 115
61 540
64 294

Estimated living cost  is ₽34927 per week

₽23007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55186
₽42988
₽55171
₽58591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 152
pensions
-
-
-
7 856
total
-
-
-
42 008
Employee
48 483
-
116 071
-
pensions
3 700
-
9 918
-
income
8 829
-
26 026
-
health
632
-
1 818
-
total
13 161
-
37 762
-
Employer
48 483
-
116 071
-
health
921
-
2 205
-
pensions
4 898
-
14 224
-
total
5 819
-
16 429
-
Corporate
78 198
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.

14 858
25 174
-
-
total
14 858
25 174
-
-
Dividends
63 340
107 326
-
-
withholding
4 750
16 819
-
-
total
4 750
16 819
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 588
41 993
54 191
42 008
After tax
93 912
90 507
78 309
90 492
Living cost
35 321
35 321
35 321
35 321
Free-cash
58 591
55 186
42 988
55 171

Estimated living cost  is ₽35321 per week

₽24230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12516
₽47336
₽67471
₽7167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
246
income
-
-
-
34 983
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
41 780
Employee
36 572
-
116 930
-
pensions
4 118
-
7 446
-
income
5 017
-
25 509
-
health
4 187
-
13 389
-
total
13 322
-
46 344
-
Employer
36 572
-
116 930
-
pensions
5 946
-
10 753
-
accident
611
-
1 953
-
unemployment
896
-
2 865
-
total
7 453
-
15 571
-
Corporate
88 475
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.

79 628
119 250
-
-
total
79 628
119 250
-
-
Dividends
8 847
13 250
-
-
withholding
1 681
2 517
-
-
total
1 681
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
102 084
121 767
61 915
41 780
After tax
30 416
10 733
70 585
90 720
Living cost
23 249
23 249
23 249
23 249
Free-cash
7 167
-12 516
47 336
67 471

Estimated living cost  is ₽23249 per week

₽17062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽98525
₽77114
₽61797
₽94030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 291
unemployment
-
-
-
1 590
work injury
-
-
-
663
health insurance
-
-
-
9 805
pensions
-
-
-
24 380
total
-
-
-
57 729
Employee

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

20 758
-
132 500
-
health insurance
1 536
-
5 683
-
unemployment
249
-
922
-
work injury
104
-
384
-
pensions
3 820
-
14 132
-
income
2 076
-
21 291
-
total
7 785
-
42 412
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 742
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%.

1 117
1 325
-
-
total
1 117
1 325
-
-
Dividends
110 624
131 175
-
-
withholding
16 594
19 676
-
-
total
16 594
19 676
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 496
21 001
42 412
57 729
After tax
107 004
111 499
90 088
74 771
Living cost
12 974
12 974
12 974
12 974
Free-cash
94 030
98 525
77 114
61 797

Estimated living cost  is ₽12974 per week

₽8038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽31460
₽19482
₽25542
₽27083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 079
regional
-
-
-
2 981
municipal
-
-
-
886
national
-
-
-
30 681
total
-
-
-
68 627
Employee
81 080
-
132 500
-
municipal
484
-
791
-
national
13 702
-
26 653
-
regional
1 224
-
2 564
-
social contributions
27 340
-
44 679
-
total
42 750
-
74 687
-
Employer
81 080
-
132 500
-
total
-
-
-
-
Corporate
51 420
132 500
-
-
municipal
2 478
6 387
-
-
nationa
12 341
31 800
-
-
total
14 819
38 187
-
-
Dividends
36 601
94 313
-
-
withholding
9 517
24 522
-
-
total
9 517
24 522
-
-
Income
132 500
132 500
132 500
132 500
Total tax
67 086
62 709
74 687
68 627
After tax
65 414
69 791
57 813
63 873
Living cost
38 331
38 331
38 331
38 331
Free-cash
27 083
31 460
19 482
25 542

Estimated living cost  is ₽38331 per week

₽26925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
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.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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