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
₽57727
₽37429
₽43980
₽48189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
36 649
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.

-
-
-
2 016
trade
-
-
-
13 747
total
-
-
-
59 057
Employee

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

37 205
-
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
-
2 016
-
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.

1 039
-
36 649
-
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.

6 645
-
6 645
-
total
7 741
-
45 310
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 295
132 500
-
-
chamber of commerce
284
338
-
-
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.

786
1 093
-
-
trade
15 009
20 868
-
-
income
14 295
19 875
-
-
total
30 374
42 174
-
-
Dividends
64 920
90 326
-
-
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.

873
1 222
-
-
withholding
15 860
22 212
-
-
total
16 733
23 434
-
-
Income
132 500
132 500
132 500
132 500
Total tax
54 848
65 608
45 310
59 057
After tax
77 652
66 892
87 190
73 443
Living cost
29 463
29 463
29 463
29 463
Free-cash
48 189
37 429
57 727
43 980

Estimated living cost  is ₽29463 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
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.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28736
₽31383
₽27697
₽30529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 900
national
-
-
-
21 991
municipal
-
-
-
14 191
total
-
-
-
53 506
Employee
79 519
-
114 545
-
municipal
9 822
-
14 704
-
national
15 220
-
22 786
-
pensions
3 181
-
4 582
-
total
28 223
-
42 072
-
Employer
79 519
-
114 545
-
pensions
6 362
-
9 164
-
social contributions
855
-
1 231
-
total
7 217
-
10 395
-
Corporate
40 516
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%.

8 103
26 500
-
-
total
8 103
26 500
-
-
Dividends
32 413
106 000
-
-
withholding
7 131
23 320
-
-
total
7 131
23 320
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 674
49 820
52 467
53 506
After tax
81 826
82 680
80 033
78 994
Living cost
51 297
51 297
51 297
51 297
Free-cash
30 529
31 383
28 736
27 697

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54044
₽85763
₽20410
₽77784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
37 269
income
-
-
-
20 796
surtax
-
-
-
33 788
microenterprise
-
-
-
-
total
-
-
-
91 853
Employee
28 424
-
106 777
-
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.

3 127
-
11 746
-
income
5 060
-
20 750
-
total
8 187
-
32 496
-
Employer
28 424
-
106 777
-
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.

6 847
-
25 723
-
total
6 847
-
25 723
-
Corporate
97 230
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%.

19 445
26 500
-
-
total
19 445
26 500
-
-
Dividends

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

77 785
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
34 479
26 500
58 219
91 853
After tax
98 021
106 000
74 281
40 647
Living cost
20 237
20 237
20 237
20 237
Free-cash
77 784
85 763
54 044
20 410

Estimated living cost  is ₽20237 per week

₽12910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
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.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36685
₽24271
₽35105
₽18314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
33 254
pensions
-
-
-
11 397
total
-
-
-
56 646
Employee
83 067
83 067
114 423
-
income

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

13 597
13 597
13 597
-
pensions
14 952
11 397
11 397
-
health
12 750
10 845
11 995
-
total
41 299
35 839
36 989
-
Employer
83 067
83 067
114 423
-
unemployment
2 990
2 990
3 716
-
health
5 774
5 774
7 175
-
pensions
5 781
5 781
7 186
-
total
14 545
14 545
18 077
-
Corporate
35 906
34 887
-
-
income
7 181
6 978
-
-
total
7 181
6 978
-
-
Dividends
28 725
27 909
-
-
income
6 104
5 931
-
-
withholding
4 308
4 187
-
-
total
10 412
10 118
-
-
Income
132 500
132 500
132 500
132 500
Total tax
73 437
67 480
55 066
56 646
After tax
59 063
65 020
77 434
75 854
Living cost
40 749
40 749
40 749
40 749
Free-cash
18 314
24 271
36 685
35 105

Estimated living cost  is ₽40749 per week

₽28878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28772
₽31863
₽29863
₽30954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 310
health
-
-
-
5 536
accident
-
-
-
177
pensions
-
-
-
9 591
national
-
-
-
4 605
unemployment
-
-
-
89
municipal
-
-
-
31 847
total
-
-
-
62 155
Employee
57 684
-
104 623
-
municipal
17 201
-
31 199
-
national
-
-
4 170
-
total
17 201
-
35 369
-
Employer
57 684
-
104 623
-
other
6 703
-
10 310
-
unemployment
1 523
-
2 342
-
health
3 548
-
5 457
-
accident
115
-
177
-
pensions
6 236
-
9 591
-
total
18 125
-
27 877
-
Corporate
56 692
132 500
-
-
income
12 472
29 150
-
-
total
12 472
29 150
-
-
Dividends
44 220
103 350
-
-
withholding
13 266
31 005
-
-
total
13 266
31 005
-
-
Income
132 500
132 500
132 500
132 500
Total tax
61 064
60 155
63 246
62 155
After tax
71 436
72 345
69 254
70 345
Living cost
40 482
40 482
40 482
40 482
Free-cash
30 954
31 863
28 772
29 863

Estimated living cost  is ₽40482 per week

₽26830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48977
₽27997
₽34621
₽41665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
36 649
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.

-
-
-
2 016
trade
-
-
-
14 356
total
-
-
-
59 666
Employee

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

49 329
-
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.

233
-
2 016
-
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.

4 238
-
36 649
-
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.

6 645
-
6 645
-
total
11 116
-
45 310
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 171
132 500
-
-
chamber of commerce
266
336
-
-
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.

687
1 093
-
-
trade
13 682
21 797
-
-
income
12 475
19 875
-
-
total
27 110
43 101
-
-
Dividends
56 062
89 399
-
-
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.

751
1 209
-
-
withholding
13 645
21 980
-
-
total
14 396
23 189
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 622
66 290
45 310
59 666
After tax
79 878
66 210
87 190
72 834
Living cost
38 213
38 213
38 213
38 213
Free-cash
41 665
27 997
48 977
34 621

Estimated living cost  is ₽38213 per week

₽25557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽59688
₽65237
₽60960
₽61201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
3 378
income
-
-
-
20 874
total
-
-
-
39 990
Employee
74 798
74 798
121 873
-
social contributions
3 635
6 208
8 373
-
income
7 854
6 924
20 191
-
health
744
1 272
2 071
-
total
12 233
14 404
30 635
-
Employer
74 798
74 798
121 873
-
health
810
1 384
2 254
-
social contributions
3 635
6 208
8 373
-
total
4 445
7 592
10 627
-
Corporate
84 272
50 110
-
-
income
10 535
6 263
-
-
total
10 535
6 263
-
-
Dividends
73 737
43 846
-
-
withholding
12 536
7 454
-
-
total
12 536
7 454
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 749
35 713
41 262
39 990
After tax
92 751
96 787
91 238
92 510
Living cost
31 550
31 550
31 550
31 550
Free-cash
61 201
65 237
59 688
60 960

Estimated living cost  is ₽31550 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
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.
₽6989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59110
₽56812
₽74088
₽57180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 275
income
-
-
-
16 198
pensions
-
-
-
13 250
unemployment
-
-
-
1 988
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.

25 551
10 169
110 879
-
income
3 124
1 243
13 555
-
pensions
2 555
1 017
11 088
-
health
1 789
712
7 762
-
unemployment
383
153
1 663
-
total
7 851
3 125
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.

25 551
10 169
110 879
-
pensions
4 983
1 983
21 621
-
total
4 983
1 983
21 621
-
Corporate
101 966
120 348
-
-
income
9 177
10 831
-
-
total
9 177
10 831
-
-
Dividends
92 789
109 517
-
-
social contributions
17 978
21 240
-
-
withholding
17 630
20 808
-
-
total
35 608
42 048
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 619
57 987
55 689
40 711
After tax
74 881
74 513
76 811
91 789
Living cost
17 701
17 701
17 701
17 701
Free-cash
57 180
56 812
59 110
74 088

Estimated living cost  is ₽17701 per week

₽12079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52877
₽82505
₽47527
₽76462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
17 224
income
-
-
-
17 754
pensions
-
-
-
26 500
total
-
-
-
61 478
Employee
27 595
-
99 028
-
income
3 107
-
19 092
-
pensions
552
-
1 981
-
unemployment
441
-
1 584
-
total
4 100
-
22 657
-
Employer
27 595
-
99 028
-
unemployment
222
-
792
-
health
3 587
-
12 874
-
pensions
5 519
-
19 805
-
total
9 328
-
33 471
-
Corporate
95 578
132 500
-
-
income
19 115
26 500
-
-
total
19 115
26 500
-
-
Dividends
76 463
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
32 543
26 500
56 128
61 478
After tax
99 957
106 000
76 372
71 022
Living cost
23 495
23 495
23 495
23 495
Free-cash
76 462
82 505
52 877
47 527

Estimated living cost  is ₽23495 per week

₽16115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49009
-₽10821
₽69169
₽7426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
34 954
pensions
-
-
-
4 076
total
-
-
-
41 777
Employee
33 906
-
116 891
-
income
4 652
-
25 468
-
pensions
3 818
-
7 475
-
health
3 882
-
13 384
-
total
12 352
-
46 327
-
Employer
33 906
-
116 891
-
unemployment
831
-
2 864
-
accident
566
-
1 952
-
pensions
5 513
-
10 794
-
total
6 910
-
15 610
-
Corporate
91 684
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.

82 516
119 250
-
-
total
82 516
119 250
-
-
Dividends
9 168
13 250
-
-
withholding
1 742
2 517
-
-
total
1 742
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 520
121 767
61 937
41 777
After tax
28 980
10 733
70 563
90 723
Living cost
21 554
21 554
21 554
21 554
Free-cash
7 426
-10 821
49 009
69 169

Estimated living cost  is ₽21554 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98006
₽117881
₽123181
₽116383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 992
-
132 500
-
income
1 998
-
26 500
-
total
1 998
-
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%.

122 508
132 500
-
-
total
-
-
-
-
Dividends
122 508
132 500
-
-
withholding
6 125
6 625
-
-
total
6 125
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 123
6 625
26 500
1 325
After tax
124 377
125 875
106 000
131 175
Living cost
7 994
7 994
7 994
7 994
Free-cash
116 383
117 881
98 006
123 181

Estimated living cost  is ₽7994 per week

₽4954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50111
₽71428
₽44630
₽64857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 295
health
-
-
-
5 829
income
-
-
-
18 027
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
-
-
-
61 951
Employee
35 319
-
105 830
-
income
6 081
-
19 855
-
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.

2 472
-
7 408
-
health
495
-
1 482
-
unemployment
353
-
1 058
-
total
9 401
-
29 803
-
Employer
35 319
-
105 830
-
other
1 767
-
5 290
-
unemployment
353
-
1 058
-
health
495
-
1 482
-
accident
282
-
847
-
pensions

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

6 005
-
17 990
-
total
8 902
-
26 667
-
Corporate
88 280
132 500
-
-
income
18 539
27 826
-
-
total
18 539
27 826
-
-
Dividends
69 741
104 674
-
-
withholding
4 882
7 327
-
-
total
4 882
7 327
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 724
35 153
56 470
61 951
After tax
90 776
97 347
76 030
70 549
Living cost
25 919
25 919
25 919
25 919
Free-cash
64 857
71 428
50 111
44 630

Estimated living cost  is ₽25919 per week

₽18313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13878
₽26182
₽26081
₽21391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 865
pensions
-
-
-
7 939
total
-
-
-
41 804
Employee
91 421
-
116 095
-
income
16 480
-
25 731
-
health
1 506
-
1 830
-
pensions
8 820
-
10 041
-
total
26 806
-
37 602
-
Employer
91 421
-
116 095
-
health
1 736
-
2 206
-
pensions
10 794
-
14 199
-
total
12 530
-
16 405
-
Corporate
28 549
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.

5 424
25 176
-
-
total
5 424
25 176
-
-
Dividends
23 125
107 324
-
-
withholding
1 734
16 527
-
-
total
1 734
16 527
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 494
41 703
54 007
41 804
After tax
86 006
90 797
78 493
90 696
Living cost
64 615
64 615
64 615
64 615
Free-cash
21 391
26 182
13 878
26 081

Estimated living cost  is ₽64615 per week

₽48417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95842
₽100678
₽91046
₽96211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
19 875
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
28 844
Employee
16 697
-
125 909
-
income
1 669
-
12 591
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 466
-
2 950
-
health
768
-
1 545
-
total
4 087
-
17 456
-
Employer
16 697
-
125 909
-
unemployment
100
-
202
-
health
1 152
-
2 318
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 840
-
3 702
-
total
3 276
-
6 592
-
Corporate
112 527
132 500
-
-
income
11 253
13 250
-
-
total
11 253
13 250
-
-
Dividends
101 273
119 250
-
-
withholding
5 063
5 962
-
-
total
5 063
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
23 679
19 212
24 048
28 844
After tax
108 821
113 288
108 452
103 656
Living cost
12 610
12 610
12 610
12 610
Free-cash
96 211
100 678
95 842
91 046

Estimated living cost  is ₽12610 per week

₽7362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
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.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23495
₽11081
₽21915
₽13529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
33 254
pensions
-
-
-
11 397
total
-
-
-
56 646
Employee
90 184
83 067
114 423
-
income

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

13 597
13 597
13 597
-
pensions
11 397
11 397
11 397
-
health
11 251
10 845
11 995
-
total
36 245
35 839
36 989
-
Employer
90 184
83 067
114 423
-
unemployment
3 247
2 990
3 716
-
health
6 267
5 774
7 175
-
pensions
6 276
5 781
7 186
-
total
15 790
14 545
18 077
-
Corporate
26 526
34 887
-
-
income
5 305
6 978
-
-
total
5 305
6 978
-
-
Dividends
21 221
27 909
-
-
income
4 510
5 931
-
-
withholding
3 182
4 187
-
-
total
7 692
10 118
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 032
67 480
55 066
56 646
After tax
67 468
65 020
77 434
75 854
Living cost
53 939
53 939
53 939
53 939
Free-cash
13 529
11 081
23 495
21 915

Estimated living cost  is ₽53939 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43217
₽67204
₽44018
₽58636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
17 887
income
-
-
-
12 007
solidarity contribution
-
-
-
-
total
-
-
-
64 460
Employee
35 326
-
98 881
-
social contributions
2 296
-
6 427
-
solidarity contribution
-
-
-
-
income
4 239
-
11 866
-
health
4 769
-
13 349
-
total
11 304
-
31 642
-
Employer
35 326
-
98 881
-
health
3 179
-
8 899
-
social contributions
8 831
-
24 720
-
total
12 010
-
33 619
-
Corporate
85 163
132 500
-
-
income
16 181
25 175
-
-
total
16 181
25 175
-
-
Dividends
68 982
107 325
-
-
withholding
10 347
16 099
-
-
total
10 347
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 842
41 274
65 261
64 460
After tax
82 658
91 226
67 239
68 040
Living cost
24 022
24 022
24 022
24 022
Free-cash
58 636
67 204
43 217
44 018

Estimated living cost  is ₽24022 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18150
₽29648
₽24456
₽24568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 080
national
-
-
-
30 607
regional
-
-
-
1 523
municipal
-
-
-
788
total
-
-
-
66 998
Employee
86 450
-
132 500
-
social contributions
29 151
-
44 679
-
municipal
458
-
703
-
national
14 980
-
26 580
-
regional
816
-
1 342
-
total
45 405
-
73 304
-
Employer
86 450
-
132 500
-
total
-
-
-
-
Corporate
46 050
132 500
-
-
nationa
11 052
31 800
-
-
municipal
1 796
5 167
-
-
total
12 848
36 967
-
-
Dividends
33 202
95 533
-
-
withholding
8 633
24 839
-
-
total
8 633
24 839
-
-
Income
132 500
132 500
132 500
132 500
Total tax
66 886
61 806
73 304
66 998
After tax
65 614
70 694
59 196
65 502
Living cost
41 046
41 046
41 046
41 046
Free-cash
24 568
29 648
18 150
24 456

Estimated living cost  is ₽41046 per week

₽28612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38865
₽61877
₽41406
₽58851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
30 033
pensions
-
-
-
25 965
surtax
-
-
-
4 192
unemployment
-
-
-
222
total
-
-
-
69 629
Employee
32 168
-
109 459
-
surtax
105
-
3 792
-
income
5 392
-
27 628
-
other
-
-
-
-
pensions
2 145
-
7 301
-
health
821
-
2 791
-
unemployment
2 239
-
7 618
-
total
10 702
-
49 130
-
Employer
32 168
-
109 459
-
other
-
-
-
-
unemployment
1 019
-
3 470
-
health
1 464
-
4 980
-
pensions
4 288
-
14 590
-
total
6 771
-
23 040
-
Corporate
93 562
132 500
-
-
income
24 326
34 451
-
-
total
24 326
34 451
-
-
Dividends
69 236
98 049
-
-
withholding
10 385
14 707
-
-
total
10 385
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 184
49 158
72 170
69 629
After tax
80 316
83 342
60 330
62 871
Living cost
21 465
21 465
21 465
21 465
Free-cash
58 851
61 877
38 865
41 406

Estimated living cost  is ₽21465 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34350
₽46654
₽46553
₽47530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 865
pensions
-
-
-
7 939
total
-
-
-
41 804
Employee
61 268
-
116 095
-
income
11 035
-
25 731
-
health
889
-
1 830
-
pensions
5 200
-
10 041
-
total
17 124
-
37 602
-
Employer
61 268
-
116 095
-
health
1 164
-
2 206
-
pensions
6 632
-
14 199
-
total
7 796
-
16 405
-
Corporate
63 436
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.

12 054
25 176
-
-
total
12 054
25 176
-
-
Dividends
51 383
107 324
-
-
withholding
3 853
16 527
-
-
total
3 853
16 527
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 827
41 703
54 007
41 804
After tax
91 673
90 797
78 493
90 696
Living cost
44 143
44 143
44 143
44 143
Free-cash
47 530
46 654
34 350
46 553

Estimated living cost  is ₽44143 per week

₽33072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23923
-₽18194
₽30442
₽15515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 651
health
-
-
-
297
pensions
-
-
-
12 191
city
-
-
-
1 396
national
-
-
-
1 346
regional
-
-
-
5 394
total
-
-
-
23 275
Employee
92 196
-
118 595
-
national
436
-
1 056
-
city
989
-
1 275
-
pensions
7 746
-
9 961
-
health
208
-
267
-
regional
3 019
-
4 636
-
unemployment
-
-
-
-
total
12 398
-
17 195
-
Employer
92 196
-
118 595
-
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.

1 843
-
2 371
-
unemployment
-
-
-
-
health
208
-
267
-
pensions
7 746
-
9 961
-
total
9 797
-
12 599
-
Corporate
29 493
132 500
-
-
regional
6 238
28 025
-
-
national
2 507
11 262
-
-
total
8 745
39 287
-
-
Dividends
20 748
93 213
-
-
withholding
7 262
32 624
-
-
total
7 262
32 624
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 202
71 911
29 794
23 275
After tax
94 298
60 589
102 706
109 225
Living cost
78 783
78 783
78 783
78 783
Free-cash
15 515
-18 194
23 923
30 442

Estimated living cost  is ₽78783 per week

₽51231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽967
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42629
₽20969
₽27662
₽36741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
36 649
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.

-
-
-
2 016
trade
-
-
-
14 967
total
-
-
-
60 277
Employee

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

58 459
-
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.

378
-
2 016
-
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.

6 874
-
36 649
-
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.

6 645
-
6 645
-
total
13 897
-
45 310
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 041
132 500
-
-
chamber of commerce
251
334
-
-
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.

611
1 093
-
-
trade
12 698
22 723
-
-
income
11 107
19 875
-
-
total
24 667
44 025
-
-
Dividends
49 374
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.

659
1 196
-
-
withholding
11 975
21 749
-
-
total
12 634
22 945
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 198
66 970
45 310
60 277
After tax
81 302
65 530
87 190
72 223
Living cost
44 561
44 561
44 561
44 561
Free-cash
36 741
20 969
42 629
27 662

Estimated living cost  is ₽44561 per week

₽32546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43887
₽33501
₽42016
₽39246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 107
social contributions
-
-
-
3 777
health
-
-
-
4 390
income
-
-
-
17 602
pensions
-
-
-
27 328
surtax
-
-
-
-
total
-
-
-
57 204
Employee
41 631
-
104 839
-
surtax
-
-
-
-
social contributions
1 187
-
2 987
-
income
2 457
-
18 346
-
pensions
4 707
-
6 339
-
total
8 351
-
27 672
-
Employer
41 631
-
104 839
-
other
1 436
-
3 685
-
unemployment
1 685
-
4 246
-
health
2 915
-
8 574
-
pensions
6 839
-
10 842
-
social contributions
126
-
314
-
total
13 001
-
27 661
-
Corporate
77 868
132 500
-
-
surtax
-
-
-
-
income
21 802
37 100
-
-
total
21 802
37 100
-
-
Dividends
56 066
95 400
-
-
social contributions
9 643
16 408
-
-
surtax
-
-
-
-
withholding
7 177
12 211
-
-
total
16 820
28 619
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 974
65 719
55 333
57 204
After tax
72 526
66 781
77 167
75 296
Living cost
33 280
33 280
33 280
33 280
Free-cash
39 246
33 501
43 887
42 016

Estimated living cost  is ₽33280 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47184
₽36798
₽45313
₽42203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 107
social contributions
-
-
-
3 777
health
-
-
-
4 390
income
-
-
-
17 602
pensions
-
-
-
27 328
surtax
-
-
-
-
total
-
-
-
57 204
Employee
37 162
-
104 839
-
surtax
-
-
-
-
social contributions
1 060
-
2 987
-
income
1 916
-
18 346
-
pensions
4 203
-
6 339
-
total
7 179
-
27 672
-
Employer
37 162
-
104 839
-
other
1 283
-
3 685
-
unemployment
1 504
-
4 246
-
health
2 601
-
8 574
-
pensions
6 106
-
10 842
-
social contributions
111
-
314
-
total
11 605
-
27 661
-
Corporate
83 733
132 500
-
-
surtax
-
-
-
-
income
23 445
37 100
-
-
total
23 445
37 100
-
-
Dividends
60 288
95 400
-
-
social contributions
10 369
16 408
-
-
surtax
-
-
-
-
withholding
7 716
12 211
-
-
total
18 085
28 619
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 314
65 719
55 333
57 204
After tax
72 186
66 781
77 167
75 296
Living cost
29 983
29 983
29 983
29 983
Free-cash
42 203
36 798
47 184
45 313

Estimated living cost  is ₽29983 per week

₽17389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62874
₽60210
₽64465
₽60716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 286
health
-
-
-
9 248
income
-
-
-
19 875
total
-
-
-
47 409
Employee
32 981
-
132 500
-
social contributions
4 552
-
18 286
-
income
5 501
-
21 466
-
health
2 302
-
9 248
-
total
12 355
-
49 000
-
Employer
32 981
-
132 500
-
total
-
-
-
-
Corporate
99 519
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%.

4 977
6 625
-
-
total
4 977
6 625
-
-
Dividends
94 542
125 875
-
-
social contributions
13 047
17 370
-
-
withholding
14 180
18 882
-
-
health
6 599
8 787
-
-
total
33 826
45 039
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 158
51 664
49 000
47 409
After tax
81 342
80 836
83 500
85 091
Living cost
20 626
20 626
20 626
20 626
Free-cash
60 716
60 210
62 874
64 465

Estimated living cost  is ₽20626 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1387
₽39407
₽32787
₽37906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
29 035
chamber of commerce
-
-
-
530
pensions
-
-
-
21 023
surtax
-
-
-
192
unemployment
-
-
-
5 966
total
-
-
-
65 438
Employee
48 613
38 765
102 736
-
income
5 534
2 859
23 705
-
other
485
388
1 028
-
pensions
4 978
3 969
10 520
-
health
1 881
1 501
3 976
-
unemployment
1 458
1 163
3 083
-
total
14 336
9 880
42 312
-
Employer
48 613
38 765
102 736
-
other
2 309
1 840
4 881
-
unemployment
1 458
1 163
3 083
-
health
1 837
1 466
3 884
-
surtax
192
192
192
-
accident
631
504
1 336
-
pensions
6 101
4 866
12 894
-
payroll
1 458
1 163
3 083
-
chamber of commerce
194
155
412
-
total
14 180
11 349
29 765
-
Corporate
69 707
82 387
99 044
-
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.

17 427
20 597
24 761
-
total
17 427
20 597
24 761
-
Dividends
52 280
61 790
-
-
withholding
14 376
16 992
-
-
total
14 376
16 992
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 319
58 818
96 838
65 438
After tax
72 181
73 682
35 662
67 062
Living cost
34 275
34 275
34 275
34 275
Free-cash
37 906
39 407
1 387
32 787

Estimated living cost  is ₽34275 per week

₽22860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13350
₽38716
₽23201
₽24127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 896
communal

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

-
-
-
6 697
national
-
-
-
46 239
total
-
-
-
73 832
Employee

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

69 580
-
102 625
-
national
21 392
-
35 041
-
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.

5 218
-
7 698
-
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.

3 269
-
4 823
-
communal

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

3 629
-
5 353
-
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.

605
-
893
-
total
34 113
-
53 808
-
Employer

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

69 580
-
102 625
-
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.

1 015
-
1 499
-
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.

4 279
-
6 311
-
surtax
7 890
-
11 637
-
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.

905
-
1 335
-
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.

6 165
-
9 093
-
total
20 254
-
29 875
-
Corporate
42 667
132 500
-
-
surtax
170
530
-
-
income
8 534
26 500
-
-
total
8 704
27 030
-
-
Dividends
33 963
105 470
-
-
withholding

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

9 835
31 287
-
-
total
9 835
31 287
-
-
Income
132 500
132 500
132 500
132 500
Total tax
72 906
58 317
83 683
73 832
After tax
59 594
74 183
48 817
58 668
Living cost
35 467
35 467
35 467
35 467
Free-cash
24 127
38 716
13 350
23 201

Estimated living cost  is ₽35467 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34567
₽53659
₽39241
₽46317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
31 083
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
58 130
Employee
48 420
-
103 757
-
income
10 216
-
28 336
-
other
48
-
90
-
pensions
2 276
-
4 238
-
unemployment
751
-
1 397
-
total
13 291
-
34 061
-
Employer
48 420
-
103 757
-
other
386
-
722
-
unemployment
2 664
-
4 958
-
accident
958
-
1 785
-
pensions
11 426
-
21 278
-
total
15 434
-
28 743
-
Corporate
68 646
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.

10 297
19 875
-
-
total
10 297
19 875
-
-
Dividends
58 350
112 625
-
-
withholding
12 032
23 837
-
-
total
12 032
23 837
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 054
43 712
62 804
58 130
After tax
81 446
88 788
69 696
74 370
Living cost
35 129
35 129
35 129
35 129
Free-cash
46 317
53 659
34 567
39 241

Estimated living cost  is ₽35129 per week

₽25869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22279
₽26593
₽16997
₽16362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 309
accident
-
-
-
1 117
income
-
-
-
17 412
pensions
-
-
-
19 860
communal
-
-
-
8 373
surtax
-
-
-
6 570
total
-
-
-
62 641
Employee
73 664
-
118 358
-
surtax
4 515
-
7 255
-
income
7 115
-
21 228
-
pensions
5 892
-
9 468
-
health
3 278
-
5 266
-
total
20 800
-
43 217
-
Employer
73 664
-
118 358
-
health
2 247
-
3 609
-
accident
663
-
1 065
-
pensions
5 892
-
9 468
-
total
8 802
-
14 142
-
Corporate
50 035
132 500
-
-
surtax
526
1 392
-
-
income
7 506
19 875
-
-
communal
3 378
8 944
-
-
total
11 410
30 211
-
-
Dividends
38 625
102 289
-
-
income
16 470
7 491
-
-
withholding
5 794
15 343
-
-
total
22 264
22 834
-
-
Income
132 500
132 500
132 500
132 500
Total tax
63 276
53 045
57 359
62 641
After tax
69 224
79 455
75 141
69 859
Living cost
52 862
52 862
52 862
52 862
Free-cash
16 362
26 593
22 279
16 997

Estimated living cost  is ₽52862 per week

₽39654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38481
₽61493
₽41022
₽58400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
30 033
pensions
-
-
-
25 965
surtax
-
-
-
4 192
unemployment
-
-
-
222
total
-
-
-
69 629
Employee
32 758
-
109 459
-
surtax
116
-
3 792
-
income
5 492
-
27 628
-
other
-
-
-
-
pensions
2 186
-
7 301
-
health
836
-
2 791
-
unemployment
2 280
-
7 618
-
total
10 910
-
49 130
-
Employer
32 758
-
109 459
-
other
-
-
-
-
unemployment
1 039
-
3 470
-
health
1 490
-
4 980
-
pensions
4 367
-
14 590
-
total
6 896
-
23 040
-
Corporate
92 846
132 500
-
-
income
24 139
34 451
-
-
total
24 139
34 451
-
-
Dividends
68 706
98 049
-
-
withholding
10 306
14 707
-
-
total
10 306
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 251
49 158
72 170
69 629
After tax
80 249
83 342
60 330
62 871
Living cost
21 849
21 849
21 849
21 849
Free-cash
58 400
61 493
38 481
41 022

Estimated living cost  is ₽21849 per week

₽13191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32553
₽43443
₽38824
₽41281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 080
national
-
-
-
30 607
regional
-
-
-
1 998
municipal
-
-
-
788
total
-
-
-
67 473
Employee
53 959
-
132 500
-
social contributions
18 195
-
44 679
-
municipal
286
-
703
-
national
8 549
-
26 580
-
regional
726
-
1 782
-
total
27 756
-
73 744
-
Employer
53 959
-
132 500
-
total
-
-
-
-
Corporate
78 541
132 500
-
-
nationa
18 851
31 800
-
-
municipal
3 904
6 584
-
-
total
22 755
38 384
-
-
Dividends
55 787
94 116
-
-
withholding
14 505
24 470
-
-
total
14 505
24 470
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 016
62 854
73 744
67 473
After tax
67 484
69 646
58 756
65 027
Living cost
26 203
26 203
26 203
26 203
Free-cash
41 281
43 443
32 553
38 824

Estimated living cost  is ₽26203 per week

₽16296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37638
₽61625
₽38439
₽51064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
17 887
income
-
-
-
12 007
solidarity contribution
-
-
-
-
total
-
-
-
64 460
Employee
43 531
-
98 881
-
social contributions
2 829
-
6 427
-
solidarity contribution
-
-
-
-
income
5 224
-
11 866
-
health
5 877
-
13 349
-
total
13 930
-
31 642
-
Employer
43 531
-
98 881
-
health
3 918
-
8 899
-
social contributions
10 883
-
24 720
-
total
14 801
-
33 619
-
Corporate
74 169
132 500
-
-
income
14 092
25 175
-
-
total
14 092
25 175
-
-
Dividends
60 077
107 325
-
-
withholding
9 012
16 099
-
-
total
9 012
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 835
41 274
65 261
64 460
After tax
80 665
91 226
67 239
68 040
Living cost
29 601
29 601
29 601
29 601
Free-cash
51 064
61 625
37 638
38 439

Estimated living cost  is ₽29601 per week

₽22013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4668
₽42753
₽36221
₽42270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
29 035
chamber of commerce
-
-
-
530
pensions
-
-
-
21 023
surtax
-
-
-
-
unemployment
-
-
-
5 966
total
-
-
-
65 246
Employee
42 521
38 765
102 888
-
income
3 788
2 859
23 757
-
other
425
388
1 028
-
pensions
4 355
3 969
10 537
-
health
1 645
1 501
3 982
-
unemployment
1 276
1 163
3 086
-
total
11 489
9 880
42 390
-
Employer
42 521
38 765
102 888
-
other
2 019
1 840
4 888
-
unemployment
1 276
1 163
3 086
-
health
1 608
1 466
3 889
-
surtax
-
-
-
-
accident
552
504
1 338
-
pensions
5 337
4 866
12 912
-
payroll
1 276
1 163
3 086
-
chamber of commerce
170
155
412
-
total
12 238
11 157
29 611
-
Corporate
77 743
82 579
99 196
-
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.

19 436
20 645
24 798
-
total
19 436
20 645
24 798
-
Dividends
58 307
61 934
-
-
withholding
16 034
17 032
-
-
total
16 034
17 032
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 197
58 714
96 799
65 246
After tax
73 303
73 786
35 701
67 254
Living cost
31 033
31 033
31 033
31 033
Free-cash
42 270
42 753
4 668
36 221

Estimated living cost  is ₽31033 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93543
₽113418
₽118718
₽111083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 571
-
132 500
-
income
3 114
-
26 500
-
total
3 114
-
26 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

116 929
132 500
-
-
total
-
-
-
-
Dividends
116 929
132 500
-
-
withholding
5 846
6 625
-
-
total
5 846
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 960
6 625
26 500
1 325
After tax
123 540
125 875
106 000
131 175
Living cost
12 457
12 457
12 457
12 457
Free-cash
111 083
113 418
93 543
118 718

Estimated living cost  is ₽12457 per week

₽8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37083
₽65136
₽40593
₽57000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 038
income
-
-
-
28 381
pensions
-
-
-
24 198
unemployment
-
-
-
199
total
-
-
-
65 816
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.

43 014
-
114 650
-
income
7 418
-
26 138
-
pensions
6 668
-
17 771
-
health
2 778
-
7 406
-
unemployment
61
-
161
-
total
16 925
-
51 476
-
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.

43 014
-
114 650
-
unemployment
26
-
68
-
health
2 865
-
7 635
-
pensions
3 806
-
10 147
-
total
6 697
-
17 850
-
Corporate
82 789
132 500
-
-
income
15 729
25 175
-
-
total
15 729
25 175
-
-
Dividends
67 060
107 325
-
-
withholding
10 058
16 098
-
-
total
10 058
16 098
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 409
41 273
69 326
65 816
After tax
83 091
91 227
63 174
66 684
Living cost
26 091
26 091
26 091
26 091
Free-cash
57 000
65 136
37 083
40 593

Estimated living cost  is ₽26091 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74336
₽36039
₽46994
-₽21531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 105
income
-
-
-
25 827
total
-
-
-
40 932
Employee
63 913
-
-
-
social contributions
5 241
-
747
-
income
14 098
-
-
-
total
19 339
-
747
-
Employer
63 913
-
-
-
social contributions
90 118
-
12 843
-
total
90 118
-
12 843
-
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
109 457
51 887
13 590
40 932
After tax
23 043
80 613
118 910
91 568
Living cost
44 574
44 574
44 574
44 574
Free-cash
-21 531
36 039
74 336
46 994

Estimated living cost  is ₽44574 per week

₽28922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32896
₽44853
₽41766
₽43875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
46 043
income
-
-
-
14 180
surtax
-
-
-
-
total
-
-
-
60 223
Employee
44 738
-
107 070
-
surtax
-
-
-
-
social contributions
4 921
-
11 777
-
income
9 306
-
31 886
-
total
14 227
-
43 663
-
Employer
44 738
-
107 070
-
social contributions
10 625
-
25 430
-
total
10 625
-
25 430
-
Corporate
77 137
132 500
-
-
surtax
-
-
-
-
income
16 198
27 826
-
-
total
16 198
27 826
-
-
Dividends
60 939
104 674
-
-
withholding
17 064
29 310
-
-
total
17 064
29 310
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 114
57 136
69 093
60 223
After tax
74 386
75 364
63 407
72 277
Living cost
30 511
30 511
30 511
30 511
Free-cash
43 875
44 853
32 896
41 766

Estimated living cost  is ₽30511 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30186
₽19800
₽28315
₽26484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 107
social contributions
-
-
-
3 777
health
-
-
-
4 390
income
-
-
-
17 602
pensions
-
-
-
27 328
surtax
-
-
-
-
total
-
-
-
57 204
Employee
60 924
-
104 839
-
surtax
-
-
-
-
social contributions
1 735
-
2 987
-
income
5 316
-
18 346
-
pensions
6 891
-
6 339
-
total
13 942
-
27 672
-
Employer
60 924
-
104 839
-
other
2 103
-
3 685
-
unemployment
2 468
-
4 246
-
health
4 264
-
8 574
-
pensions
10 010
-
10 842
-
social contributions
183
-
314
-
total
19 028
-
27 661
-
Corporate
52 548
132 500
-
-
surtax
-
-
-
-
income
14 714
37 100
-
-
total
14 714
37 100
-
-
Dividends
37 834
95 400
-
-
social contributions
6 507
16 408
-
-
surtax
-
-
-
-
withholding
4 844
12 211
-
-
total
11 351
28 619
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 035
65 719
55 333
57 204
After tax
73 465
66 781
77 167
75 296
Living cost
46 981
46 981
46 981
46 981
Free-cash
26 484
19 800
30 186
28 315

Estimated living cost  is ₽46981 per week

₽31796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73204
₽90010
₽69681
₽86743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 428
social contributions
-
-
-
29 151
total
-
-
-
33 579
Employee
31 272
-
114 718
-
income
-
-
4 820
-
social contributions
2 032
-
7 456
-
total
2 032
-
12 276
-
Employer
31 272
-
114 718
-
social contributions
4 847
-
17 780
-
total
4 847
-
17 780
-
Corporate
96 380
132 500
-
-
income
9 638
13 250
-
-
total
9 638
13 250
-
-
Dividends
86 743
119 250
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
16 517
13 250
30 056
33 579
After tax
115 983
119 250
102 444
98 921
Living cost
29 240
29 240
29 240
29 240
Free-cash
86 743
90 010
73 204
69 681

Estimated living cost  is ₽29240 per week

₽18906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
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.
₽7579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79083
-₽79083
₽33603
-₽79083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
842
national
-
-
-
14 297
municipal
-
-
-
26 456
total
-
-
-
52 128
Employee
197 399
197 399
197 399
-
labour market
15 769
15 769
15 769
-
municipal
42 035
42 035
42 035
-
national
24 116
24 116
24 116
-
pensions
281
281
281
-
total
82 201
82 201
82 201
-
Employer
197 399
197 399
197 399
-
national
24 158
24 158
24 158
-
labour market
15 792
15 792
15 792
-
pensions
561
561
561
-
municipal
42 102
42 102
42 102
-
total
82 613
82 613
82 613
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
164 814
164 814
164 814
52 128
After tax
-32 314
-32 314
-32 314
80 372
Living cost
46 769
46 769
46 769
46 769
Free-cash
-79 083
-79 083
-79 083
33 603

Estimated living cost  is ₽46769 per week

₽32009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49327
-₽10503
₽69487
₽7475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
34 954
pensions
-
-
-
4 076
total
-
-
-
41 777
Employee
33 406
-
116 891
-
income
4 583
-
25 468
-
pensions
3 762
-
7 475
-
health
3 825
-
13 384
-
total
12 170
-
46 327
-
Employer
33 406
-
116 891
-
unemployment
819
-
2 864
-
accident
558
-
1 952
-
pensions
5 432
-
10 794
-
total
6 809
-
15 610
-
Corporate
92 286
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.

83 057
119 250
-
-
total
83 057
119 250
-
-
Dividends
9 229
13 250
-
-
withholding
1 753
2 517
-
-
total
1 753
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 789
121 767
61 937
41 777
After tax
28 711
10 733
70 563
90 723
Living cost
21 236
21 236
21 236
21 236
Free-cash
7 475
-10 503
49 327
69 487

Estimated living cost  is ₽21236 per week

₽15458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34632
₽48062
₽52799
₽48962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 634
national
-
-
-
17 165
municipal
-
-
-
23 556
total
-
-
-
42 355
Employee
51 177
-
111 466
-
municipal
8 382
-
18 173
-
national
845
-
10 809
-
pensions
3 454
-
7 524
-
health
382
-
1 311
-
unemployment
768
-
1 672
-
total
13 831
-
39 489
-
Employer
51 177
-
111 466
-
unemployment
332
-
724
-
health
393
-
858
-
accident
52
-
111
-
pensions
8 879
-
19 340
-
total
9 656
-
21 033
-
Corporate
71 667
132 500
-
-
income
14 334
26 500
-
-
total
14 334
26 500
-
-
Dividends

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

43 000
79 500
-
-
national
631
6 282
-
-
municipal
7 740
14 310
-
-
total
8 371
20 592
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 192
47 092
60 522
42 355
After tax
86 308
85 408
71 978
90 145
Living cost
37 346
37 346
37 346
37 346
Free-cash
48 962
48 062
34 632
52 799

Estimated living cost  is ₽37346 per week

₽24394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68717
₽74266
₽69989
₽68972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
3 378
income
-
-
-
20 874
total
-
-
-
39 990
Employee
74 798
74 798
121 873
-
social contributions
2 828
6 208
8 373
-
income
8 144
6 924
20 191
-
health
580
1 272
2 071
-
total
11 552
14 404
30 635
-
Employer
74 798
74 798
121 873
-
health
629
1 384
2 254
-
social contributions
2 828
6 208
8 373
-
total
3 457
7 592
10 627
-
Corporate
94 969
50 110
-
-
income
11 871
6 263
-
-
total
11 871
6 263
-
-
Dividends
83 098
43 846
-
-
withholding
14 127
7 454
-
-
total
14 127
7 454
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 007
35 713
41 262
39 990
After tax
91 493
96 787
91 238
92 510
Living cost
22 521
22 521
22 521
22 521
Free-cash
68 972
74 266
68 717
69 989

Estimated living cost  is ₽22521 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74651
₽94279
₽94160
₽89327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 520
income
-
-
-
13 160
pensions
-
-
-
6 188
unemployment
-
-
-
28
total
-
-
-
22 896
Employee

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

22 327
-
122 993
-
income
1 527
-
10 749
-
pensions
3 349
-
13 844
-
health
1 898
-
7 845
-
unemployment
111
-
461
-
total
6 885
-
32 899
-
Employer

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

22 327
-
122 993
-
unemployment
111
-
461
-
health
960
-
3 969
-
pensions
1 228
-
5 076
-
total
2 299
-
9 506
-
Corporate
107 874
132 500
-
-
income
9 710
11 925
-
-
total
9 710
11 925
-
-
Dividends
98 165
120 575
-
-
withholding
8 835
10 852
-
-
total
8 835
10 852
-
-
Income
132 500
132 500
132 500
132 500
Total tax
27 729
22 777
42 405
22 896
After tax
104 771
109 723
90 095
109 604
Living cost
15 444
15 444
15 444
15 444
Free-cash
89 327
94 279
74 651
94 160

Estimated living cost  is ₽15444 per week

₽9854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
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.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42947
₽62039
₽47621
₽57344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
31 083
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
58 130
Employee
35 967
-
103 757
-
income
6 934
-
28 336
-
other
35
-
90
-
pensions
1 691
-
4 238
-
unemployment
557
-
1 397
-
total
9 217
-
34 061
-
Employer
35 967
-
103 757
-
other
288
-
722
-
unemployment
1 979
-
4 958
-
accident
713
-
1 785
-
pensions
8 488
-
21 278
-
total
11 468
-
28 743
-
Corporate
85 066
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.

12 759
19 875
-
-
total
12 759
19 875
-
-
Dividends
72 307
112 625
-
-
withholding
14 963
23 837
-
-
total
14 963
23 837
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 407
43 712
62 804
58 130
After tax
84 093
88 788
69 696
74 370
Living cost
26 749
26 749
26 749
26 749
Free-cash
57 344
62 039
42 947
47 621

Estimated living cost  is ₽26749 per week

₽18055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83133
₽80876
₽83262
₽80581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
954
income
-
-
-
45 164
pensions
-
-
-
1 316
total
-
-
-
47 434
Employee
2 748
-
131 020
-
income
532
-
45 095
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
943
-
46 082
-
Employer
2 748
-
131 020
-
unemployment
55
-
132
-
health
261
-
625
-
pensions
302
-
724
-
total
618
-
1 481
-
Corporate
129 134
132 500
-
-
income
28 409
29 150
-
-
total
28 409
29 150
-
-
Dividends
100 725
103 350
-
-
withholding
20 145
20 670
-
-
total
20 145
20 670
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 115
49 820
47 563
47 434
After tax
82 385
82 680
84 937
85 066
Living cost
1 804
1 804
1 804
1 804
Free-cash
80 581
80 876
83 133
83 262

Estimated living cost  is ₽1804 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽59616
₽78982
₽59616
₽74217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 372
income
-
-
-
29 080
pensions
-
-
-
18 609
unemployment
-
-
-
1 074
total
-
-
-
56 135
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.

25 256
-
119 688
-
income
3 481
-
29 080
-
pensions
3 536
-
10 020
-
health
1 301
-
3 686
-
unemployment
189
-
537
-
total
8 507
-
43 323
-
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.

25 256
-
119 688
-
unemployment
189
-
537
-
health
1 301
-
3 686
-
pensions
3 031
-
8 589
-
total
4 521
-
12 812
-
Corporate
102 723
132 500
-
-
income
15 409
19 875
-
-
total
15 409
19 875
-
-
Dividends
87 315
112 625
-
-
withholding
13 097
16 894
-
-
total
13 097
16 894
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 534
36 769
56 135
56 135
After tax
90 966
95 731
76 365
76 365
Living cost
16 749
16 749
16 749
16 749
Free-cash
74 217
78 982
59 616
59 616

Estimated living cost  is ₽16749 per week

₽11277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37183
₽49140
₽46053
₽48792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
46 043
income
-
-
-
14 180
surtax
-
-
-
-
total
-
-
-
60 223
Employee
37 754
-
107 070
-
surtax
-
-
-
-
social contributions
4 153
-
11 777
-
income
7 377
-
31 886
-
total
11 530
-
43 663
-
Employer
37 754
-
107 070
-
social contributions
8 966
-
25 430
-
total
8 966
-
25 430
-
Corporate
85 781
132 500
-
-
surtax
-
-
-
-
income
18 014
27 826
-
-
total
18 014
27 826
-
-
Dividends
67 766
104 674
-
-
withholding
18 974
29 310
-
-
total
18 974
29 310
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 484
57 136
69 093
60 223
After tax
75 016
75 364
63 407
72 277
Living cost
26 224
26 224
26 224
26 224
Free-cash
48 792
49 140
37 183
46 053

Estimated living cost  is ₽26224 per week

₽18574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35510
₽54602
₽40184
₽47591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
31 083
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
58 130
Employee
46 978
-
103 757
-
income
9 812
-
28 336
-
other
46
-
90
-
pensions
2 208
-
4 238
-
unemployment
727
-
1 397
-
total
12 793
-
34 061
-
Employer
46 978
-
103 757
-
other
377
-
722
-
unemployment
2 584
-
4 958
-
accident
930
-
1 785
-
pensions
11 087
-
21 278
-
total
14 978
-
28 743
-
Corporate
70 544
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.

10 581
19 875
-
-
total
10 581
19 875
-
-
Dividends
59 963
112 625
-
-
withholding
12 371
23 837
-
-
total
12 371
23 837
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 723
43 712
62 804
58 130
After tax
81 777
88 788
69 696
74 370
Living cost
34 186
34 186
34 186
34 186
Free-cash
47 591
54 602
35 510
40 184

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91908
₽96744
₽87112
₽90881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
19 875
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
28 844
Employee
21 907
-
125 909
-
income
2 191
-
12 591
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

1 923
-
2 950
-
health
1 008
-
1 545
-
total
5 363
-
17 456
-
Employer
21 907
-
125 909
-
unemployment
132
-
202
-
health
1 512
-
2 318
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 414
-
3 702
-
total
4 299
-
6 592
-
Corporate
106 294
132 500
-
-
income
10 630
13 250
-
-
total
10 630
13 250
-
-
Dividends
95 665
119 250
-
-
withholding
4 783
5 962
-
-
total
4 783
5 962
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 075
19 212
24 048
28 844
After tax
107 425
113 288
108 452
103 656
Living cost
16 544
16 544
16 544
16 544
Free-cash
90 881
96 744
91 908
87 112

Estimated living cost  is ₽16544 per week

₽10942
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.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49636
₽30701
₽37111
₽43426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
36 649
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.

-
-
-
2 016
trade
-
-
-
12 525
total
-
-
-
57 835
Employee

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

48 399
-
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.

220
-
2 016
-
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.

3 980
-
36 649
-
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.

6 645
-
6 645
-
total
10 845
-
45 310
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 101
132 500
-
-
chamber of commerce
271
341
-
-
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.

694
1 093
-
-
trade
12 069
19 013
-
-
income
12 615
19 875
-
-
total
25 649
40 322
-
-
Dividends
58 452
92 177
-
-
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.

783
1 248
-
-
withholding
14 243
22 675
-
-
total
15 026
23 923
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 520
64 245
45 310
57 835
After tax
80 980
68 255
87 190
74 665
Living cost
37 554
37 554
37 554
37 554
Free-cash
43 426
30 701
49 636
37 111

Estimated living cost  is ₽37554 per week

₽25906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18962
₽37340
₽18962
₽39487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
36 922
social contributions
-
-
-
21 205
total
-
-
-
58 127
Employee
76 089
-
132 500
-
income
14 358
-
36 922
-
social contributions
6 321
-
21 205
-
total
20 679
-
58 127
-
Employer
76 089
-
132 500
-
total
-
-
-
-
Corporate
56 411
132 500
-
-
income
7 051
16 562
-
-
total
7 051
16 562
-
-
Dividends
49 360
115 938
-
-
withholding
9 872
23 187
-
-
total
9 872
23 187
-
-
Income
132 500
132 500
132 500
132 500
Total tax
37 602
39 749
58 127
58 127
After tax
94 898
92 751
74 373
74 373
Living cost
55 411
55 411
55 411
55 411
Free-cash
39 487
37 340
18 962
18 962

Estimated living cost  is ₽55411 per week

₽42156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4515
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.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61269
₽45676
₽63500
₽49075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 689
health

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

-
-
-
6 001
total
-
-
-
33 690
Employee
44 623
-
128 025
-
income
4 842
-
26 971
-
social contributions
4 471
-
4 475
-
total
9 313
-
31 446
-
Employer
44 623
-
128 025
-
social contributions
4 471
-
4 475
-
total
4 471
-
4 475
-
Corporate
83 406
132 500
-
-
income
29 192
46 375
-
-
total
29 192
46 375
-
-
Dividends
54 215
86 125
-
-
social contributions
5 139
5 139
-
-
total
5 139
5 139
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 115
51 514
35 921
33 690
After tax
84 385
80 986
96 579
98 810
Living cost
35 310
35 310
35 310
35 310
Free-cash
49 075
45 676
61 269
63 500

Estimated living cost  is ₽35310 per week

₽23259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42606
₽54910
₽54809
₽57936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 865
pensions
-
-
-
7 939
total
-
-
-
41 804
Employee
49 260
-
116 095
-
income
8 971
-
25 731
-
health
643
-
1 830
-
pensions
3 760
-
10 041
-
total
13 374
-
37 602
-
Employer
49 260
-
116 095
-
health
936
-
2 206
-
pensions
4 977
-
14 199
-
total
5 913
-
16 405
-
Corporate
77 327
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.

14 692
25 176
-
-
total
14 692
25 176
-
-
Dividends
62 635
107 324
-
-
withholding
4 698
16 527
-
-
total
4 698
16 527
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 677
41 703
54 007
41 804
After tax
93 823
90 797
78 493
90 696
Living cost
35 887
35 887
35 887
35 887
Free-cash
57 936
54 910
42 606
54 809

Estimated living cost  is ₽35887 per week

₽24618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47224
-₽12606
₽67384
₽7153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
34 954
pensions
-
-
-
4 076
total
-
-
-
41 777
Employee
36 713
-
116 891
-
income
5 037
-
25 468
-
pensions
4 134
-
7 475
-
health
4 203
-
13 384
-
total
13 374
-
46 327
-
Employer
36 713
-
116 891
-
unemployment
899
-
2 864
-
accident
613
-
1 952
-
pensions
5 969
-
10 794
-
total
7 481
-
15 610
-
Corporate
88 306
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.

79 475
119 250
-
-
total
79 475
119 250
-
-
Dividends
8 831
13 250
-
-
withholding
1 678
2 517
-
-
total
1 678
2 517
-
-
Income
132 500
132 500
132 500
132 500
Total tax
102 008
121 767
61 937
41 777
After tax
30 492
10 733
70 563
90 723
Living cost
23 339
23 339
23 339
23 339
Free-cash
7 153
-12 606
47 224
67 384

Estimated living cost  is ₽23339 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76800
₽98396
₽61693
₽93857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 266
health insurance
-
-
-
9 805
work injury
-
-
-
663
pensions
-
-
-
24 380
unemployment
-
-
-
1 590
total
-
-
-
57 704
Employee

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

20 965
-
132 500
-
income
2 096
-
21 266
-
work injury
105
-
388
-
health insurance
1 551
-
5 740
-
pensions
3 858
-
14 272
-
unemployment
252
-
931
-
total
7 862
-
42 597
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 535
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%.

1 115
1 325
-
-
total
1 115
1 325
-
-
Dividends
110 420
131 175
-
-
withholding
16 563
19 676
-
-
total
16 563
19 676
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 540
21 001
42 597
57 704
After tax
106 960
111 499
89 903
74 796
Living cost
13 103
13 103
13 103
13 103
Free-cash
93 857
98 396
76 800
61 693

Estimated living cost  is ₽13103 per week

₽8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽19146
₽31041
₽25205
₽26617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 080
national
-
-
-
30 607
regional
-
-
-
2 971
municipal
-
-
-
886
total
-
-
-
68 544
Employee
81 968
-
132 500
-
social contributions
27 639
-
44 679
-
municipal
489
-
790
-
national
13 852
-
26 580
-
regional
1 238
-
2 554
-
total
43 218
-
74 603
-
Employer
81 968
-
132 500
-
total
-
-
-
-
Corporate
50 532
132 500
-
-
nationa
12 128
31 800
-
-
municipal
2 435
6 387
-
-
total
14 563
38 187
-
-
Dividends
35 969
94 313
-
-
withholding
9 351
24 521
-
-
total
9 351
24 521
-
-
Income
132 500
132 500
132 500
132 500
Total tax
67 132
62 708
74 603
68 544
After tax
65 368
69 792
57 897
63 956
Living cost
38 751
38 751
38 751
38 751
Free-cash
26 617
31 041
19 146
25 205

Estimated living cost  is ₽38751 per week

₽27220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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