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
₽48522
₽37958
₽58017
₽44143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
13 874
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.

-
-
-
36 994
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.

-
-
-
6 525
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.

-
-
-
2 035
total
-
-
-
59 428
Employee

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

36 530
-
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.

56
-
2 035
-
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.

6 525
-
6 525
-
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.

1 020
-
36 994
-
total
7 601
-
45 554
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 970
132 500
-
-
trade
15 116
20 869
-
-
income
14 396
19 875
-
-
surtax

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

792
1 093
-
-
chamber of commerce
283
335
-
-
total
30 587
42 172
-
-
Dividends
65 383
90 328
-
-
withholding
15 982
22 219
-
-
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.

879
1 222
-
-
total
16 861
23 441
-
-
Income
132 500
132 500
132 500
132 500
Total tax
55 049
65 613
45 554
59 428
After tax
77 451
66 887
86 946
73 072
Living cost
28 929
28 929
28 929
28 929
Free-cash
48 522
37 958
58 017
44 143

Estimated living cost  is ₽28929 per week

₽18197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32803
₽33619
₽30832
₽29793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 246
national
-
-
-
22 076
total
-
-
-
53 646
Employee
76 054
-
114 545
-
national
14 557
-
22 871
-
municipal
9 394
-
14 759
-
pensions
3 042
-
4 582
-
total
26 993
-
42 212
-
Employer
76 054
-
114 545
-
pensions
6 084
-
9 164
-
social contributions
818
-
1 231
-
total
6 902
-
10 395
-
Corporate
44 525
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%.

8 905
26 500
-
-
total
8 905
26 500
-
-
Dividends
35 620
106 000
-
-
withholding
7 836
23 320
-
-
total
7 836
23 320
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 636
49 820
52 607
53 646
After tax
81 864
82 680
79 893
78 854
Living cost
49 061
49 061
49 061
49 061
Free-cash
32 803
33 619
30 832
29 793

Estimated living cost  is ₽49061 per week

₽33346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78295
₽86130
₽54393
₽21276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 594
income
-
-
-
20 972
microenterprise
-
-
-
-
surtax
-
-
-
33 788
total
-
-
-
91 354
Employee
27 908
-
106 778
-
surtax
-
-
-
-
social contributions

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

3 070
-
11 745
-
income
4 968
-
20 770
-
total
8 038
-
32 515
-
Employer
27 908
-
106 778
-
social contributions

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

6 722
-
25 722
-
surtax
-
-
-
-
total
6 722
-
25 722
-
Corporate
97 869
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%.

19 575
26 500
-
-
total
19 575
26 500
-
-
Dividends

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

78 295
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
34 335
26 500
58 237
91 354
After tax
98 165
106 000
74 263
41 146
Living cost
19 870
19 870
19 870
19 870
Free-cash
78 295
86 130
54 393
21 276

Estimated living cost  is ₽19870 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19207
₽25059
₽38424
₽35627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 896
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
56 863
Employee
81 561
81 561
114 751
-
health
12 519
10 648
11 777
-
pensions
14 681
11 190
11 190
-
income

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

13 350
13 350
13 350
-
total
40 550
35 188
36 317
-
Employer
81 561
81 561
114 751
-
pensions
5 677
5 677
7 056
-
unemployment
2 936
2 936
3 648
-
health
5 669
5 669
7 045
-
total
14 282
14 282
17 749
-
Corporate
37 658
36 657
-
-
income
7 531
7 331
-
-
total
7 531
7 331
-
-
Dividends
30 127
29 326
-
-
withholding
4 518
4 399
-
-
income
6 402
6 231
-
-
total
10 920
10 630
-
-
Income
132 500
132 500
132 500
132 500
Total tax
73 283
67 431
54 066
56 863
After tax
59 217
65 069
78 434
75 637
Living cost
40 010
40 010
40 010
40 010
Free-cash
19 207
25 059
38 424
35 627

Estimated living cost  is ₽40010 per week

₽28354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32066
₽32951
₽29786
₽30848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 032
unemployment
-
-
-
86
pensions
-
-
-
9 333
municipal
-
-
-
32 053
accident
-
-
-
173
national
-
-
-
5 194
health
-
-
-
5 387
total
-
-
-
62 258
Employee
56 132
-
105 373
-
national
-
-
4 771
-
municipal
16 739
-
31 422
-
total
16 739
-
36 193
-
Employer
56 132
-
105 373
-
other
6 523
-
10 032
-
accident
112
-
173
-
pensions
6 068
-
9 333
-
unemployment
1 482
-
2 279
-
health
3 452
-
5 310
-
total
17 637
-
27 127
-
Corporate
58 731
132 500
-
-
income
12 921
29 150
-
-
total
12 921
29 150
-
-
Dividends
45 810
103 350
-
-
withholding
13 743
31 005
-
-
total
13 743
31 005
-
-
Income
132 500
132 500
132 500
132 500
Total tax
61 040
60 155
63 320
62 258
After tax
71 460
72 345
69 180
70 242
Living cost
39 394
39 394
39 394
39 394
Free-cash
32 066
32 951
29 786
30 848

Estimated living cost  is ₽39394 per week

₽26109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42106
₽28686
₽49426
₽34934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
14 492
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.

-
-
-
36 994
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.

-
-
-
6 525
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.

-
-
-
2 035
total
-
-
-
60 046
Employee

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

48 434
-
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.

228
-
2 035
-
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.

6 525
-
6 525
-
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.

4 161
-
36 994
-
total
10 914
-
45 554
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 066
132 500
-
-
trade
13 829
21 797
-
-
income
12 609
19 875
-
-
surtax

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

694
1 093
-
-
chamber of commerce
265
333
-
-
total
27 397
43 098
-
-
Dividends
56 668
89 402
-
-
withholding
13 804
21 987
-
-
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.

759
1 209
-
-
total
14 563
23 196
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 874
66 294
45 554
60 046
After tax
79 626
66 206
86 946
72 454
Living cost
37 520
37 520
37 520
37 520
Free-cash
42 106
28 686
49 426
34 934

Estimated living cost  is ₽37520 per week

₽25093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61838
₽65798
₽60113
₽61377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
21 314
health
-
-
-
3 378
total
-
-
-
40 145
Employee
73 442
73 442
122 022
-
health
730
1 249
2 075
-
social contributions
3 569
6 095
8 221
-
income
7 712
6 799
20 635
-
total
12 011
14 143
30 931
-
Employer
73 442
73 442
122 022
-
social contributions
3 569
6 095
8 221
-
health
796
1 359
2 257
-
total
4 365
7 454
10 478
-
Corporate
85 146
51 604
-
-
income
10 643
6 451
-
-
total
10 643
6 451
-
-
Dividends
74 503
45 153
-
-
withholding
12 665
7 676
-
-
total
12 665
7 676
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 684
35 724
41 409
40 145
After tax
92 816
96 776
91 091
92 355
Living cost
30 978
30 978
30 978
30 978
Free-cash
61 838
65 798
60 113
61 377

Estimated living cost  is ₽30978 per week

₽21177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57212
₽56844
₽59142
₽74120
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 506
10 151
110 879
-
unemployment
383
152
1 663
-
health
1 785
711
7 762
-
pensions
2 551
1 015
11 088
-
income
3 118
1 241
13 555
-
total
7 837
3 119
34 068
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 506
10 151
110 879
-
pensions
4 974
1 979
21 621
-
total
4 974
1 979
21 621
-
Corporate
102 020
120 369
-
-
income
9 182
10 833
-
-
total
9 182
10 833
-
-
Dividends
92 838
109 536
-
-
withholding
17 639
20 812
-
-
social contributions
17 987
21 244
-
-
total
35 626
42 056
-
-
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
17 669
17 669
17 669
17 669
Free-cash
57 212
56 844
59 142
74 120

Estimated living cost  is ₽17669 per week

₽12058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽76998
₽82931
₽53303
₽47950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
17 755
pensions
-
-
-
26 500
health
-
-
-
17 226
total
-
-
-
61 481
Employee
27 094
-
99 028
-
unemployment
433
-
1 584
-
pensions
542
-
1 981
-
income
3 050
-
19 092
-
total
4 025
-
22 657
-
Employer
27 094
-
99 028
-
pensions
5 419
-
19 805
-
unemployment
217
-
792
-
health
3 522
-
12 874
-
total
9 158
-
33 471
-
Corporate
96 247
132 500
-
-
income
19 250
26 500
-
-
total
19 250
26 500
-
-
Dividends
76 997
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
32 433
26 500
56 128
61 481
After tax
100 067
106 000
76 372
71 019
Living cost
23 069
23 069
23 069
23 069
Free-cash
76 998
82 931
53 303
47 950

Estimated living cost  is ₽23069 per week

₽15823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7435
-₽10753
₽49098
₽69234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
34 979
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
41 781
Employee
33 797
-
116 924
-
health
3 870
-
13 388
-
pensions
3 806
-
7 451
-
income
4 637
-
25 502
-
total
12 313
-
46 341
-
Employer
33 797
-
116 924
-
accident
564
-
1 953
-
pensions
5 496
-
10 759
-
unemployment
828
-
2 864
-
total
6 888
-
15 576
-
Corporate
91 815
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.

82 634
119 250
-
-
total
82 634
119 250
-
-
Dividends
9 182
13 250
-
-
withholding
1 745
2 518
-
-
total
1 745
2 518
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 580
121 768
61 917
41 781
After tax
28 920
10 732
70 583
90 719
Living cost
21 485
21 485
21 485
21 485
Free-cash
7 435
-10 753
49 098
69 234

Estimated living cost  is ₽21485 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116584
₽118051
₽98176
₽123351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 780
-
132 500
-
income
1 956
-
26 500
-
total
1 956
-
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%.

122 720
132 500
-
-
total
-
-
-
-
Dividends
122 720
132 500
-
-
withholding
6 136
6 625
-
-
total
6 136
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 092
6 625
26 500
1 325
After tax
124 408
125 875
106 000
131 175
Living cost
7 824
7 824
7 824
7 824
Free-cash
116 584
118 051
98 176
123 351

Estimated living cost  is ₽7824 per week

₽4849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65450
₽71898
₽50506
₽45024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 293
income
-
-
-
18 103
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
health
-
-
-
5 831
total
-
-
-
62 027
Employee
34 678
-
105 830
-
unemployment
346
-
1 058
-
health
486
-
1 481
-
pensions

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

2 427
-
7 409
-
income
5 970
-
19 928
-
total
9 229
-
29 876
-
Employer
34 678
-
105 830
-
other
1 735
-
5 292
-
accident
277
-
846
-
pensions

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

5 896
-
17 992
-
unemployment
346
-
1 058
-
health
486
-
1 481
-
total
8 740
-
26 669
-
Corporate
89 082
132 500
-
-
income
18 706
27 825
-
-
total
18 706
27 825
-
-
Dividends
70 376
104 675
-
-
withholding
4 926
7 328
-
-
total
4 926
7 328
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 601
35 153
56 545
62 027
After tax
90 899
97 347
75 955
70 473
Living cost
25 449
25 449
25 449
25 449
Free-cash
65 450
71 898
50 506
45 024

Estimated living cost  is ₽25449 per week

₽17981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23494
₽27430
₽15304
₽27481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
34 354
pensions
-
-
-
7 795
total
-
-
-
42 149
Employee
88 951
-
116 052
-
health
1 466
-
1 812
-
pensions
8 581
-
9 830
-
income
16 034
-
26 237
-
total
26 081
-
37 879
-
Employer
88 951
-
116 052
-
pensions
10 503
-
14 242
-
health
1 689
-
2 205
-
total
12 192
-
16 447
-
Corporate
31 357
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.

5 958
25 175
-
-
total
5 958
25 175
-
-
Dividends
25 399
107 325
-
-
withholding
1 905
17 025
-
-
total
1 905
17 025
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 136
42 200
54 326
42 149
After tax
86 364
90 300
78 174
90 351
Living cost
62 870
62 870
62 870
62 870
Free-cash
23 494
27 430
15 304
27 481

Estimated living cost  is ₽62870 per week

₽47109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96329
₽100766
₽96008
₽91198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
133
income
-
-
-
19 875
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
28 781
Employee
16 580
-
125 955
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
763
-
1 534
-
pensions

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

1 456
-
2 929
-
income
1 658
-
12 596
-
total
4 060
-
17 426
-
Employer
16 580
-
125 955
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 827
-
3 676
-
unemployment
99
-
200
-
health
1 144
-
2 302
-
total
3 253
-
6 545
-
Corporate
112 667
132 500
-
-
income
11 267
13 250
-
-
total
11 267
13 250
-
-
Dividends
101 400
119 250
-
-
withholding
5 070
5 963
-
-
total
5 070
5 963
-
-
Income
132 500
132 500
132 500
132 500
Total tax
23 650
19 213
23 971
28 781
After tax
108 850
113 287
108 529
103 719
Living cost
12 521
12 521
12 521
12 521
Free-cash
96 329
100 766
96 008
91 198

Estimated living cost  is ₽12521 per week

₽7310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14511
₽12108
₽25473
₽22676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 896
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
56 863
Employee
88 549
81 561
114 751
-
health
11 047
10 648
11 777
-
pensions
11 190
11 190
11 190
-
income

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

13 350
13 350
13 350
-
total
35 587
35 188
36 317
-
Employer
88 549
81 561
114 751
-
pensions
6 162
5 677
7 056
-
unemployment
3 188
2 936
3 648
-
health
6 153
5 669
7 045
-
total
15 503
14 282
17 749
-
Corporate
28 448
36 657
-
-
income
5 689
7 331
-
-
total
5 689
7 331
-
-
Dividends
22 758
29 326
-
-
withholding
3 413
4 399
-
-
income
4 836
6 231
-
-
total
8 249
10 630
-
-
Income
132 500
132 500
132 500
132 500
Total tax
65 028
67 431
54 066
56 863
After tax
67 472
65 069
78 434
75 637
Living cost
52 961
52 961
52 961
52 961
Free-cash
14 511
12 108
25 473
22 676

Estimated living cost  is ₽52961 per week

₽39068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59041
₽67504
₽43517
₽44684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
12 072
health
-
-
-
17 887
solidarity contribution
-
-
-
-
total
-
-
-
64 094
Employee
34 885
-
98 881
-
solidarity contribution
-
-
-
-
health
4 710
-
13 349
-
social contributions
2 268
-
6 427
-
income
4 186
-
11 866
-
total
11 164
-
31 642
-
Employer
34 885
-
98 881
-
social contributions
8 721
-
24 720
-
health
3 140
-
8 899
-
total
11 861
-
33 619
-
Corporate
85 754
132 500
-
-
income
16 293
25 175
-
-
total
16 293
25 175
-
-
Dividends
69 461
107 325
-
-
withholding
10 419
16 099
-
-
total
10 419
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 737
41 274
65 261
64 094
After tax
82 763
91 226
67 239
68 406
Living cost
23 722
23 722
23 722
23 722
Free-cash
59 041
67 504
43 517
44 684

Estimated living cost  is ₽23722 per week

₽16477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25407
₽30394
₽18769
₽25076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 526
social contributions
-
-
-
34 080
municipal
-
-
-
787
national
-
-
-
30 730
total
-
-
-
67 123
Employee
84 882
-
132 500
-
national
14 708
-
26 703
-
regional
801
-
1 345
-
municipal
449
-
703
-
social contributions
28 622
-
44 679
-
total
44 580
-
73 430
-
Employer
84 882
-
132 500
-
total
-
-
-
-
Corporate
47 618
132 500
-
-
nationa
11 428
31 800
-
-
municipal
1 858
5 167
-
-
total
13 286
36 967
-
-
Dividends
34 332
95 533
-
-
withholding
8 926
24 838
-
-
total
8 926
24 838
-
-
Income
132 500
132 500
132 500
132 500
Total tax
66 792
61 805
73 430
67 123
After tax
65 708
70 695
59 070
65 377
Living cost
40 301
40 301
40 301
40 301
Free-cash
25 407
30 394
18 769
25 076

Estimated living cost  is ₽40301 per week

₽28093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
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.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59295
₽62267
₽38950
₽41796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
30 571
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
4 296
total
-
-
-
69 628
Employee
31 584
-
109 460
-
surtax
103
-
3 848
-
unemployment
2 199
-
7 618
-
other
-
-
-
-
health
807
-
2 791
-
pensions
2 106
-
7 301
-
income
5 294
-
27 876
-
total
10 509
-
49 434
-
Employer
31 584
-
109 460
-
other
-
-
-
-
pensions
4 210
-
14 590
-
unemployment
1 000
-
3 469
-
health
1 437
-
4 981
-
total
6 647
-
23 040
-
Corporate
94 268
132 500
-
-
income
24 510
34 449
-
-
total
24 510
34 449
-
-
Dividends
69 758
98 051
-
-
withholding
10 463
14 708
-
-
total
10 463
14 708
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 129
49 157
72 474
69 628
After tax
80 371
83 343
60 026
62 872
Living cost
21 076
21 076
21 076
21 076
Free-cash
59 295
62 267
38 950
41 796

Estimated living cost  is ₽21076 per week

₽12887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48928
₽47349
₽35223
₽47400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
34 354
pensions
-
-
-
7 795
total
-
-
-
42 149
Employee
59 613
-
116 052
-
health
865
-
1 812
-
pensions
5 060
-
9 830
-
income
10 737
-
26 237
-
total
16 662
-
37 879
-
Employer
59 613
-
116 052
-
pensions
6 453
-
14 242
-
health
1 132
-
2 205
-
total
7 585
-
16 447
-
Corporate
65 302
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.

12 407
25 175
-
-
total
12 407
25 175
-
-
Dividends
52 895
107 325
-
-
withholding
3 967
17 025
-
-
total
3 967
17 025
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 621
42 200
54 326
42 149
After tax
91 879
90 300
78 174
90 351
Living cost
42 951
42 951
42 951
42 951
Free-cash
48 928
47 349
35 223
47 400

Estimated living cost  is ₽42951 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3219
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.
₽7103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17241
-₽15179
₽26759
₽33221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other

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

-
-
-
2 650
city
-
-
-
1 397
regional
-
-
-
5 548
pensions
-
-
-
12 190
national
-
-
-
1 429
health
-
-
-
298
total
-
-
-
23 512
Employee
88 667
-
118 594
-
national
420
-
1 123
-
unemployment
-
-
-
-
city
952
-
1 275
-
regional
2 903
-
4 744
-
health
200
-
267
-
pensions
7 449
-
9 963
-
total
11 924
-
17 372
-
Employer
88 667
-
118 594
-
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.

1 773
-
2 372
-
pensions
7 449
-
9 963
-
unemployment
-
-
-
-
health
200
-
267
-
total
9 422
-
12 602
-
Corporate
33 435
132 500
-
-
regional
7 072
28 024
-
-
national
2 841
11 263
-
-
total
9 913
39 287
-
-
Dividends
23 522
93 212
-
-
withholding
8 233
32 625
-
-
total
8 233
32 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 492
71 912
29 974
23 512
After tax
93 008
60 588
102 526
108 988
Living cost
75 767
75 767
75 767
75 767
Free-cash
17 241
-15 179
26 759
33 221

Estimated living cost  is ₽75767 per week

₽49270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽930
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37258
₽21769
₽43193
₽28084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 109
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.

-
-
-
36 994
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.

-
-
-
6 525
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.

-
-
-
2 035
total
-
-
-
60 663
Employee

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

57 399
-
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.

372
-
2 035
-
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.

6 525
-
6 525
-
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.

6 750
-
36 994
-
total
13 647
-
45 554
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 101
132 500
-
-
trade
12 879
22 725
-
-
income
11 264
19 875
-
-
surtax

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

620
1 093
-
-
chamber of commerce
250
332
-
-
total
25 013
44 025
-
-
Dividends
50 087
88 475
-
-
withholding
12 160
21 757
-
-
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.

669
1 196
-
-
total
12 829
22 953
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 489
66 978
45 554
60 663
After tax
81 011
65 522
86 946
71 837
Living cost
43 753
43 753
43 753
43 753
Free-cash
37 258
21 769
43 193
28 084

Estimated living cost  is ₽43753 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
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.
₽7730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39744
₽34103
₽44142
₽42572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 775
income
-
-
-
17 852
pensions
-
-
-
27 031
health
-
-
-
4 486
surtax
-
-
-
-
total
-
-
-
57 251
Employee
40 876
-
104 664
-
surtax
-
-
-
-
pensions
4 622
-
6 398
-
social contributions
1 165
-
2 983
-
income
2 412
-
18 467
-
total
8 199
-
27 848
-
Employer
40 876
-
104 664
-
other
1 410
-
3 709
-
pensions
6 715
-
10 928
-
unemployment
1 655
-
4 239
-
social contributions
123
-
314
-
health
2 862
-
8 643
-
total
12 765
-
27 833
-
Corporate
78 859
132 500
-
-
income
22 081
37 099
-
-
surtax
-
-
-
-
total
22 081
37 099
-
-
Dividends
56 777
95 401
-
-
withholding
7 268
12 211
-
-
social contributions
9 766
16 410
-
-
surtax
-
-
-
-
total
17 034
28 621
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 079
65 720
55 681
57 251
After tax
72 421
66 780
76 819
75 249
Living cost
32 677
32 677
32 677
32 677
Free-cash
39 744
34 103
44 142
42 572

Estimated living cost  is ₽32677 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
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.
₽8861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42646
₽37341
₽47380
₽45810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 775
income
-
-
-
17 852
pensions
-
-
-
27 031
health
-
-
-
4 486
surtax
-
-
-
-
total
-
-
-
57 251
Employee
36 488
-
104 664
-
surtax
-
-
-
-
pensions
4 127
-
6 398
-
social contributions
1 040
-
2 983
-
income
1 881
-
18 467
-
total
7 048
-
27 848
-
Employer
36 488
-
104 664
-
other
1 260
-
3 709
-
pensions
5 996
-
10 928
-
unemployment
1 477
-
4 239
-
social contributions
109
-
314
-
health
2 554
-
8 643
-
total
11 396
-
27 833
-
Corporate
84 617
132 500
-
-
income
23 692
37 099
-
-
surtax
-
-
-
-
total
23 692
37 099
-
-
Dividends
60 925
95 401
-
-
withholding
7 799
12 211
-
-
social contributions
10 480
16 410
-
-
surtax
-
-
-
-
total
18 279
28 621
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 415
65 720
55 681
57 251
After tax
72 085
66 780
76 819
75 249
Living cost
29 439
29 439
29 439
29 439
Free-cash
42 646
37 341
47 380
45 810

Estimated living cost  is ₽29439 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61080
₽60583
₽63156
₽64838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 875
health
-
-
-
9 249
total
-
-
-
47 410
Employee
32 383
-
132 500
-
health
2 260
-
9 249
-
social contributions
4 470
-
18 286
-
income
5 401
-
21 557
-
total
12 131
-
49 092
-
Employer
32 383
-
132 500
-
total
-
-
-
-
Corporate
100 117
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%.

5 006
6 625
-
-
total
5 006
6 625
-
-
Dividends
95 111
125 875
-
-
health
6 639
8 787
-
-
withholding
14 266
18 882
-
-
social contributions
13 126
17 371
-
-
total
34 031
45 040
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 168
51 665
49 092
47 410
After tax
81 332
80 835
83 408
85 090
Living cost
20 252
20 252
20 252
20 252
Free-cash
61 080
60 583
63 156
64 838

Estimated living cost  is ₽20252 per week

₽13554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38523
₽39999
₽1782
₽33576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
529
unemployment
-
-
-
5 858
income
-
-
-
29 518
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
188
total
-
-
-
65 270
Employee
47 731
38 062
102 739
-
unemployment
1 432
1 142
3 083
-
other
477
381
1 028
-
health
1 847
1 474
3 977
-
pensions
4 888
3 897
10 521
-
income
5 434
2 807
23 917
-
total
14 078
9 701
42 526
-
Employer
47 731
38 062
102 739
-
payroll
1 432
1 142
3 083
-
other
2 267
1 807
4 881
-
accident
620
495
1 336
-
pensions
5 990
4 778
12 894
-
unemployment
1 432
1 142
3 083
-
chamber of commerce
190
152
411
-
surtax
188
188
188
-
health
1 803
1 439
3 884
-
total
13 922
11 143
29 760
-
Corporate
70 846
83 295
99 115
-
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.

17 711
20 823
24 778
-
total
17 711
20 823
24 778
-
Dividends
53 134
62 472
-
-
withholding
14 612
17 180
-
-
total
14 612
17 180
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 323
58 847
97 064
65 270
After tax
72 177
73 653
35 436
67 230
Living cost
33 654
33 654
33 654
33 654
Free-cash
38 523
39 999
1 782
33 576

Estimated living cost  is ₽33654 per week

₽22445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25028
₽39353
₽13818
₽23689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 858
national
-
-
-
46 430
communal

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

-
-
-
6 699
total
-
-
-
73 987
Employee

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

68 318
-
102 625
-
national
21 004
-
35 216
-
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.

594
-
894
-
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.

3 210
-
4 823
-
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.

5 124
-
7 698
-
communal

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

3 563
-
5 352
-
total
33 495
-
53 983
-
Employer

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

68 318
-
102 625
-
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.

888
-
1 334
-
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.

6 054
-
9 093
-
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.

997
-
1 499
-
surtax
7 746
-
11 636
-
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.

4 201
-
6 313
-
total
19 886
-
29 875
-
Corporate
44 296
132 500
-
-
income
8 859
26 500
-
-
surtax
178
529
-
-
total
9 037
27 029
-
-
Dividends
35 259
105 471
-
-
withholding

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

10 230
31 294
-
-
total
10 230
31 294
-
-
Income
132 500
132 500
132 500
132 500
Total tax
72 648
58 323
83 858
73 987
After tax
59 852
74 177
48 642
58 513
Living cost
34 824
34 824
34 824
34 824
Free-cash
25 028
39 353
13 818
23 689

Estimated living cost  is ₽34824 per week

₽22431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47089
₽54259
₽35452
₽40043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
31 407
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
57 965
Employee
47 542
-
104 278
-
unemployment
738
-
1 372
-
other
47
-
89
-
pensions
2 235
-
4 161
-
income
10 031
-
28 712
-
total
13 051
-
34 334
-
Employer
47 542
-
104 278
-
other
379
-
709
-
accident
941
-
1 753
-
pensions
11 219
-
20 892
-
unemployment
2 615
-
4 868
-
total
15 154
-
28 222
-
Corporate
69 804
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.

10 471
19 875
-
-
total
10 471
19 875
-
-
Dividends
59 334
112 625
-
-
withholding
12 243
23 874
-
-
total
12 243
23 874
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 919
43 749
62 556
57 965
After tax
81 581
88 751
69 944
74 535
Living cost
34 492
34 492
34 492
34 492
Free-cash
47 089
54 259
35 452
40 043

Estimated living cost  is ₽34492 per week

₽25400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17218
₽27439
₽22891
₽17609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
17 760
pensions
-
-
-
19 861
accident
-
-
-
1 116
communal
-
-
-
8 374
health
-
-
-
9 309
surtax
-
-
-
6 568
total
-
-
-
62 988
Employee
72 328
-
118 357
-
surtax
4 433
-
7 253
-
health
3 219
-
5 265
-
pensions
5 785
-
9 468
-
income
6 986
-
21 577
-
total
20 423
-
43 563
-
Employer
72 328
-
118 357
-
accident
651
-
1 066
-
pensions
5 785
-
9 468
-
health
2 206
-
3 609
-
total
8 642
-
14 143
-
Corporate
51 530
132 500
-
-
income
7 730
19 875
-
-
communal
3 478
8 944
-
-
surtax
542
1 392
-
-
total
11 750
30 211
-
-
Dividends
39 780
102 288
-
-
withholding
5 967
15 342
-
-
income
16 597
7 605
-
-
total
22 564
22 947
-
-
Income
132 500
132 500
132 500
132 500
Total tax
63 379
53 158
57 706
62 988
After tax
69 121
79 342
74 794
69 512
Living cost
51 903
51 903
51 903
51 903
Free-cash
17 218
27 439
22 891
17 609

Estimated living cost  is ₽51903 per week

₽38935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58854
₽61891
₽38574
₽41420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
30 571
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
4 296
total
-
-
-
69 628
Employee
32 164
-
109 460
-
surtax
114
-
3 848
-
unemployment
2 238
-
7 618
-
other
-
-
-
-
health
821
-
2 791
-
pensions
2 146
-
7 301
-
income
5 392
-
27 876
-
total
10 711
-
49 434
-
Employer
32 164
-
109 460
-
other
-
-
-
-
pensions
4 288
-
14 590
-
unemployment
1 020
-
3 469
-
health
1 463
-
4 981
-
total
6 771
-
23 040
-
Corporate
93 565
132 500
-
-
income
24 327
34 449
-
-
total
24 327
34 449
-
-
Dividends
69 238
98 051
-
-
withholding
10 385
14 708
-
-
total
10 385
14 708
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 194
49 157
72 474
69 628
After tax
80 306
83 343
60 026
62 872
Living cost
21 452
21 452
21 452
21 452
Free-cash
58 854
61 891
38 574
41 420

Estimated living cost  is ₽21452 per week

₽12952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
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.
₽6139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41797
₽43917
₽32905
₽39177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 998
social contributions
-
-
-
34 080
municipal
-
-
-
787
national
-
-
-
30 730
total
-
-
-
67 595
Employee
52 980
-
132 500
-
national
8 393
-
26 703
-
regional
713
-
1 782
-
municipal
281
-
703
-
social contributions
17 865
-
44 679
-
total
27 252
-
73 867
-
Employer
52 980
-
132 500
-
total
-
-
-
-
Corporate
79 520
132 500
-
-
nationa
19 085
31 800
-
-
municipal
3 953
6 585
-
-
total
23 038
38 385
-
-
Dividends
56 482
94 116
-
-
withholding
14 685
24 470
-
-
total
14 685
24 470
-
-
Income
132 500
132 500
132 500
132 500
Total tax
64 975
62 855
73 867
67 595
After tax
67 525
69 645
58 633
64 905
Living cost
25 728
25 728
25 728
25 728
Free-cash
41 797
43 917
32 905
39 177

Estimated living cost  is ₽25728 per week

₽16000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51567
₽61994
₽38007
₽39174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
12 072
health
-
-
-
17 887
solidarity contribution
-
-
-
-
total
-
-
-
64 094
Employee
42 988
-
98 881
-
solidarity contribution
-
-
-
-
health
5 803
-
13 349
-
social contributions
2 794
-
6 427
-
income
5 158
-
11 866
-
total
13 755
-
31 642
-
Employer
42 988
-
98 881
-
social contributions
10 747
-
24 720
-
health
3 869
-
8 899
-
total
14 616
-
33 619
-
Corporate
74 897
132 500
-
-
income
14 230
25 175
-
-
total
14 230
25 175
-
-
Dividends
60 666
107 325
-
-
withholding
9 100
16 099
-
-
total
9 100
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 701
41 274
65 261
64 094
After tax
80 799
91 226
67 239
68 406
Living cost
29 232
29 232
29 232
29 232
Free-cash
51 567
61 994
38 007
39 174

Estimated living cost  is ₽29232 per week

₽21738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
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.
₽5368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42812
₽43285
₽4998
₽36947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
529
unemployment
-
-
-
5 858
income
-
-
-
29 518
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
-
total
-
-
-
65 082
Employee
41 750
38 062
102 888
-
unemployment
1 252
1 142
3 087
-
other
417
381
1 029
-
health
1 615
1 474
3 982
-
pensions
4 276
3 897
10 536
-
income
3 719
2 807
23 968
-
total
11 279
9 701
42 602
-
Employer
41 750
38 062
102 888
-
payroll
1 252
1 142
3 087
-
other
1 983
1 807
4 888
-
accident
542
495
1 338
-
pensions
5 240
4 778
12 912
-
unemployment
1 252
1 142
3 087
-
chamber of commerce
167
152
411
-
surtax
-
-
-
-
health
1 579
1 439
3 890
-
total
12 015
10 955
29 613
-
Corporate
78 736
83 484
99 263
-
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.

19 683
20 870
24 816
-
total
19 683
20 870
24 816
-
Dividends
59 052
62 613
-
-
withholding
16 240
17 218
-
-
total
16 240
17 218
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 217
58 744
97 031
65 082
After tax
73 283
73 756
35 469
67 418
Living cost
30 471
30 471
30 471
30 471
Free-cash
42 812
43 285
4 998
36 947

Estimated living cost  is ₽30471 per week

₽18279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111396
₽113682
₽93807
₽118982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 241
-
132 500
-
income
3 048
-
26 500
-
total
3 048
-
26 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

117 259
132 500
-
-
total
-
-
-
-
Dividends
117 259
132 500
-
-
withholding
5 863
6 625
-
-
total
5 863
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 911
6 625
26 500
1 325
After tax
123 589
125 875
106 000
131 175
Living cost
12 193
12 193
12 193
12 193
Free-cash
111 396
113 682
93 807
118 982

Estimated living cost  is ₽12193 per week

₽8251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
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.
₽3021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57620
₽65609
₽37399
₽40908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
199
income
-
-
-
28 538
pensions
-
-
-
24 198
health
-
-
-
13 039
total
-
-
-
65 974
Employee

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

42 234
-
114 649
-
unemployment
60
-
161
-
health
2 728
-
7 406
-
pensions
6 547
-
17 771
-
income
7 283
-
26 294
-
total
16 618
-
51 632
-
Employer

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

42 234
-
114 649
-
pensions
3 737
-
10 146
-
unemployment
25
-
69
-
health
2 813
-
7 636
-
total
6 575
-
17 851
-
Corporate
83 690
132 500
-
-
income
15 901
25 175
-
-
total
15 901
25 175
-
-
Dividends
67 790
107 325
-
-
withholding
10 168
16 098
-
-
total
10 168
16 098
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 262
41 273
69 483
65 974
After tax
83 238
91 227
63 017
66 526
Living cost
25 618
25 618
25 618
25 618
Free-cash
57 620
65 609
37 399
40 908

Estimated living cost  is ₽25618 per week

₽17581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₽7902
₽39983
₽79482
₽50938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 258
-
-
-
social contributions
4 777
-
681
-
income
12 851
-
-
-
total
17 628
-
681
-
Employer
58 258
-
-
-
social contributions
82 144
-
11 707
-
total
82 144
-
11 707
-
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
99 772
51 887
12 388
40 932
After tax
32 728
80 613
120 112
91 568
Living cost
40 630
40 630
40 630
40 630
Free-cash
-7 902
39 983
79 482
50 938

Estimated living cost  is ₽40630 per week

₽26363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44445
₽45408
₽33249
₽42218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 044
income
-
-
-
14 280
surtax
-
-
-
-
total
-
-
-
60 324
Employee
43 927
-
107 071
-
surtax
-
-
-
-
social contributions
4 832
-
11 777
-
income
9 137
-
32 087
-
total
13 969
-
43 864
-
Employer
43 927
-
107 071
-
social contributions
10 433
-
25 429
-
total
10 433
-
25 429
-
Corporate
78 141
132 500
-
-
income
16 410
27 825
-
-
surtax
-
-
-
-
total
16 410
27 825
-
-
Dividends
61 731
104 675
-
-
withholding
17 285
29 309
-
-
total
17 285
29 309
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 097
57 134
69 293
60 324
After tax
74 403
75 366
63 207
72 176
Living cost
29 958
29 958
29 958
29 958
Free-cash
44 445
45 408
33 249
42 218

Estimated living cost  is ₽29958 per week

₽22415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27217
₽20651
₽30690
₽29120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 775
income
-
-
-
17 852
pensions
-
-
-
27 031
health
-
-
-
4 486
surtax
-
-
-
-
total
-
-
-
57 251
Employee
59 819
-
104 664
-
surtax
-
-
-
-
pensions
6 766
-
6 398
-
social contributions
1 704
-
2 983
-
income
5 219
-
18 467
-
total
13 689
-
27 848
-
Employer
59 819
-
104 664
-
other
2 064
-
3 709
-
pensions
9 829
-
10 928
-
unemployment
2 423
-
4 239
-
social contributions
179
-
314
-
health
4 187
-
8 643
-
total
18 682
-
27 833
-
Corporate
53 998
132 500
-
-
income
15 120
37 099
-
-
surtax
-
-
-
-
total
15 120
37 099
-
-
Dividends
38 879
95 401
-
-
withholding
4 977
12 211
-
-
social contributions
6 686
16 410
-
-
surtax
-
-
-
-
total
11 663
28 621
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 154
65 720
55 681
57 251
After tax
73 346
66 780
76 819
75 249
Living cost
46 129
46 129
46 129
46 129
Free-cash
27 217
20 651
30 690
29 120

Estimated living cost  is ₽46129 per week

₽31220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87330
₽90539
₽73626
₽70103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 535
social contributions
-
-
-
29 152
total
-
-
-
33 687
Employee
30 705
-
114 718
-
social contributions
1 996
-
7 456
-
income
-
-
4 926
-
total
1 996
-
12 382
-
Employer
30 705
-
114 718
-
social contributions
4 760
-
17 782
-
total
4 760
-
17 782
-
Corporate
97 035
132 500
-
-
income
9 704
13 251
-
-
total
9 704
13 251
-
-
Dividends
87 332
119 249
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
16 460
13 251
30 164
33 687
After tax
116 040
119 249
102 336
98 813
Living cost
28 710
28 710
28 710
28 710
Free-cash
87 330
90 539
73 626
70 103

Estimated living cost  is ₽28710 per week

₽18563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽75319
-₽75319
-₽75319
₽34260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
827
municipal
-
-
-
26 546
labour market
-
-
-
10 534
national
-
-
-
14 396
total
-
-
-
52 303
Employee
193 887
193 887
193 887
-
national
23 687
23 687
23 687
-
municipal
41 287
41 287
41 287
-
labour market
15 489
15 489
15 489
-
pensions
276
276
276
-
total
80 739
80 739
80 739
-
Employer
193 887
193 887
193 887
-
municipal
41 353
41 353
41 353
-
pensions
551
551
551
-
national
23 728
23 728
23 728
-
labour market
15 511
15 511
15 511
-
total
81 143
81 143
81 143
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
161 882
161 882
161 882
52 303
After tax
-29 382
-29 382
-29 382
80 197
Living cost
45 937
45 937
45 937
45 937
Free-cash
-75 319
-75 319
-75 319
34 260

Estimated living cost  is ₽45937 per week

₽31439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7486
-₽10436
₽49415
₽69551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
34 979
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
41 781
Employee
33 299
-
116 924
-
health
3 813
-
13 388
-
pensions
3 750
-
7 451
-
income
4 568
-
25 502
-
total
12 131
-
46 341
-
Employer
33 299
-
116 924
-
accident
556
-
1 953
-
pensions
5 414
-
10 759
-
unemployment
816
-
2 864
-
total
6 786
-
15 576
-
Corporate
92 415
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.

83 173
119 250
-
-
total
83 173
119 250
-
-
Dividends
9 242
13 250
-
-
withholding
1 756
2 518
-
-
total
1 756
2 518
-
-
Income
132 500
132 500
132 500
132 500
Total tax
103 846
121 768
61 917
41 781
After tax
28 654
10 732
70 583
90 719
Living cost
21 168
21 168
21 168
21 168
Free-cash
7 486
-10 436
49 415
69 551

Estimated living cost  is ₽21168 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49653
₽48580
₽35112
₽53278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 555
national
-
-
-
17 357
health
-
-
-
1 642
total
-
-
-
42 554
Employee
50 249
-
111 465
-
national
830
-
11 001
-
unemployment
754
-
1 671
-
health
375
-
1 318
-
municipal
8 230
-
18 172
-
pensions
3 391
-
7 524
-
total
13 580
-
39 686
-
Employer
50 249
-
111 465
-
accident
51
-
111
-
pensions
8 718
-
19 339
-
unemployment
326
-
725
-
health
386
-
859
-
total
9 481
-
21 034
-
Corporate
72 770
132 500
-
-
income
14 554
26 500
-
-
total
14 554
26 500
-
-
Dividends

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

43 662
79 500
-
-
municipal
7 859
14 309
-
-
national
705
6 443
-
-
total
8 564
20 752
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 179
47 252
60 720
42 554
After tax
86 321
85 248
71 780
89 946
Living cost
36 668
36 668
36 668
36 668
Free-cash
49 653
48 580
35 112
53 278

Estimated living cost  is ₽36668 per week

₽23952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69464
₽74663
₽68978
₽70242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
21 314
health
-
-
-
3 378
total
-
-
-
40 145
Employee
73 442
73 442
122 022
-
health
569
1 249
2 075
-
social contributions
2 777
6 095
8 221
-
income
7 997
6 799
20 635
-
total
11 343
14 143
30 931
-
Employer
73 442
73 442
122 022
-
social contributions
2 777
6 095
8 221
-
health
618
1 359
2 257
-
total
3 395
7 454
10 478
-
Corporate
95 650
51 604
-
-
income
11 957
6 451
-
-
total
11 957
6 451
-
-
Dividends
83 693
45 153
-
-
withholding
14 228
7 676
-
-
total
14 228
7 676
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 923
35 724
41 409
40 145
After tax
91 577
96 776
91 091
92 355
Living cost
22 113
22 113
22 113
22 113
Free-cash
69 464
74 663
68 978
70 242

Estimated living cost  is ₽22113 per week

₽13253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89700
₽94561
₽75434
₽94592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
13 186
pensions
-
-
-
6 075
health
-
-
-
3 456
total
-
-
-
22 744
Employee

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

21 923
-
123 166
-
unemployment
109
-
453
-
health
1 863
-
7 703
-
pensions
3 288
-
13 593
-
income
1 499
-
10 819
-
total
6 759
-
32 568
-
Employer

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

21 923
-
123 166
-
pensions
1 205
-
4 984
-
unemployment
109
-
453
-
health
942
-
3 897
-
total
2 256
-
9 334
-
Corporate
108 321
132 500
-
-
income
9 749
11 924
-
-
total
9 749
11 924
-
-
Dividends
98 572
120 576
-
-
withholding
8 872
10 851
-
-
total
8 872
10 851
-
-
Income
132 500
132 500
132 500
132 500
Total tax
27 636
22 775
41 902
22 744
After tax
104 864
109 725
90 598
109 756
Living cost
15 164
15 164
15 164
15 164
Free-cash
89 700
94 561
75 434
94 592

Estimated living cost  is ₽15164 per week

₽9675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57919
₽62487
₽43680
₽48271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
31 407
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
57 965
Employee
35 315
-
104 278
-
unemployment
547
-
1 372
-
other
34
-
89
-
pensions
1 660
-
4 161
-
income
6 808
-
28 712
-
total
9 049
-
34 334
-
Employer
35 315
-
104 278
-
other
283
-
709
-
accident
700
-
1 753
-
pensions
8 334
-
20 892
-
unemployment
1 943
-
4 868
-
total
11 260
-
28 222
-
Corporate
85 926
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.

12 888
19 875
-
-
total
12 888
19 875
-
-
Dividends
73 037
112 625
-
-
withholding
15 120
23 874
-
-
total
15 120
23 874
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 317
43 749
62 556
57 965
After tax
84 183
88 751
69 944
74 535
Living cost
26 264
26 264
26 264
26 264
Free-cash
57 919
62 487
43 680
48 271

Estimated living cost  is ₽26264 per week

₽17728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
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.
₽5552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80573
₽80870
₽83124
₽83253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
45 160
pensions
-
-
-
1 320
health
-
-
-
957
total
-
-
-
47 437
Employee
2 757
-
131 015
-
unemployment
28
-
66
-
health
138
-
330
-
pensions
248
-
594
-
income
533
-
45 091
-
total
947
-
46 081
-
Employer
2 757
-
131 015
-
pensions
303
-
726
-
unemployment
55
-
132
-
health
262
-
627
-
total
620
-
1 485
-
Corporate
129 123
132 500
-
-
income
28 407
29 150
-
-
total
28 407
29 150
-
-
Dividends
100 716
103 350
-
-
withholding
20 143
20 670
-
-
total
20 143
20 670
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 117
49 820
47 566
47 437
After tax
82 383
82 680
84 934
85 063
Living cost
1 810
1 810
1 810
1 810
Free-cash
80 573
80 870
83 124
83 253

Estimated living cost  is ₽1810 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
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.
₽546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74555
₽79244
₽60239
₽60238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 057
income
-
-
-
29 143
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
55 775
Employee

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

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

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

24 861
-
119 889
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
29 143
-
total
8 374
-
43 163
-
Employer

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

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

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

24 861
-
119 889
-
pensions
2 983
-
8 455
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 611
-
Corporate
103 189
132 500
-
-
income
15 478
19 875
-
-
total
15 478
19 875
-
-
Dividends
87 710
112 625
-
-
withholding
13 157
16 894
-
-
total
13 157
16 894
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 458
36 769
55 774
55 775
After tax
91 042
95 731
76 726
76 725
Living cost
16 487
16 487
16 487
16 487
Free-cash
74 555
79 244
60 239
60 238

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49275
₽49618
₽37459
₽46428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 044
income
-
-
-
14 280
surtax
-
-
-
-
total
-
-
-
60 324
Employee
37 069
-
107 071
-
surtax
-
-
-
-
social contributions
4 078
-
11 777
-
income
7 243
-
32 087
-
total
11 321
-
43 864
-
Employer
37 069
-
107 071
-
social contributions
8 803
-
25 429
-
total
8 803
-
25 429
-
Corporate
86 628
132 500
-
-
income
18 192
27 825
-
-
surtax
-
-
-
-
total
18 192
27 825
-
-
Dividends
68 436
104 675
-
-
withholding
19 161
29 309
-
-
total
19 161
29 309
-
-
Income
132 500
132 500
132 500
132 500
Total tax
57 477
57 134
69 293
60 324
After tax
75 023
75 366
63 207
72 176
Living cost
25 748
25 748
25 748
25 748
Free-cash
49 275
49 618
37 459
46 428

Estimated living cost  is ₽25748 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽48342
₽55185
₽36378
₽40969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
31 407
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
57 965
Employee
46 126
-
104 278
-
unemployment
714
-
1 372
-
other
45
-
89
-
pensions
2 168
-
4 161
-
income
9 634
-
28 712
-
total
12 561
-
34 334
-
Employer
46 126
-
104 278
-
other
370
-
709
-
accident
913
-
1 753
-
pensions
10 886
-
20 892
-
unemployment
2 537
-
4 868
-
total
14 706
-
28 222
-
Corporate
71 667
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.

10 750
19 875
-
-
total
10 750
19 875
-
-
Dividends
60 918
112 625
-
-
withholding
12 575
23 874
-
-
total
12 575
23 874
-
-
Income
132 500
132 500
132 500
132 500
Total tax
50 592
43 749
62 556
57 965
After tax
81 908
88 751
69 944
74 535
Living cost
33 566
33 566
33 566
33 566
Free-cash
48 342
55 185
36 378
40 969

Estimated living cost  is ₽33566 per week

₽24106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91038
₽96859
₽92101
₽87291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
133
income
-
-
-
19 875
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
28 781
Employee
21 754
-
125 955
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 001
-
1 534
-
pensions

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

1 910
-
2 929
-
income
2 176
-
12 596
-
total
5 326
-
17 426
-
Employer
21 754
-
125 955
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

2 397
-
3 676
-
unemployment
131
-
200
-
health
1 501
-
2 302
-
total
4 268
-
6 545
-
Corporate
106 478
132 500
-
-
income
10 648
13 250
-
-
total
10 648
13 250
-
-
Dividends
95 830
119 250
-
-
withholding
4 792
5 963
-
-
total
4 792
5 963
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 034
19 213
23 971
28 781
After tax
107 466
113 287
108 529
103 719
Living cost
16 428
16 428
16 428
16 428
Free-cash
91 038
96 859
92 101
87 291

Estimated living cost  is ₽16428 per week

₽10866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43870
₽31378
₽50073
₽37431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
12 642
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.

-
-
-
36 994
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.

-
-
-
6 525
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.

-
-
-
2 035
total
-
-
-
58 196
Employee

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

47 521
-
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.

216
-
2 035
-
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.

6 525
-
6 525
-
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.

3 908
-
36 994
-
total
10 649
-
45 554
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 979
132 500
-
-
trade
12 194
19 014
-
-
income
12 747
19 875
-
-
surtax

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

701
1 093
-
-
chamber of commerce
270
339
-
-
total
25 912
40 321
-
-
Dividends
59 066
92 178
-
-
withholding
14 404
22 681
-
-
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.

792
1 247
-
-
total
15 196
23 928
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 757
64 249
45 554
58 196
After tax
80 743
68 251
86 946
74 304
Living cost
36 873
36 873
36 873
36 873
Free-cash
43 870
31 378
50 073
37 431

Estimated living cost  is ₽36873 per week

₽25436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40452
₽38345
₽19604
₽19604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 277
income
-
-
-
37 213
total
-
-
-
58 490
Employee
74 709
-
132 500
-
social contributions
6 207
-
21 277
-
income
14 097
-
37 213
-
total
20 304
-
58 490
-
Employer
74 709
-
132 500
-
total
-
-
-
-
Corporate
57 791
132 500
-
-
income
7 224
16 562
-
-
total
7 224
16 562
-
-
Dividends
50 566
115 938
-
-
withholding
10 114
23 187
-
-
total
10 114
23 187
-
-
Income
132 500
132 500
132 500
132 500
Total tax
37 642
39 749
58 490
58 490
After tax
94 858
92 751
74 010
74 010
Living cost
54 406
54 406
54 406
54 406
Free-cash
40 452
38 345
19 604
19 604

Estimated living cost  is ₽54406 per week

₽41391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49747
₽46409
₽61721
₽64823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 820
income
-
-
-
27 187
total
-
-
-
33 007
Employee
43 814
-
128 107
-
social contributions
4 390
-
4 393
-
income
4 754
-
27 323
-
total
9 144
-
31 716
-
Employer
43 814
-
128 107
-
social contributions
4 390
-
4 393
-
total
4 390
-
4 393
-
Corporate
84 296
132 500
-
-
income
29 503
46 375
-
-
total
29 503
46 375
-
-
Dividends
54 793
86 125
-
-
social contributions
5 046
5 046
-
-
total
5 046
5 046
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 083
51 421
36 109
33 007
After tax
84 417
81 079
96 391
99 493
Living cost
34 670
34 670
34 670
34 670
Free-cash
49 747
46 409
61 721
64 823

Estimated living cost  is ₽34670 per week

₽22837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽59055
₽55382
₽43256
₽55433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
132 500
income
-
-
-
34 354
pensions
-
-
-
7 795
total
-
-
-
42 149
Employee
47 929
-
116 052
-
health
625
-
1 812
-
pensions
3 658
-
9 830
-
income
8 728
-
26 237
-
total
13 011
-
37 879
-
Employer
47 929
-
116 052
-
pensions
4 842
-
14 242
-
health
911
-
2 205
-
total
5 753
-
16 447
-
Corporate
78 817
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.

14 974
25 175
-
-
total
14 974
25 175
-
-
Dividends
63 843
107 325
-
-
withholding
4 789
17 025
-
-
total
4 789
17 025
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 527
42 200
54 326
42 149
After tax
93 973
90 300
78 174
90 351
Living cost
34 918
34 918
34 918
34 918
Free-cash
59 055
55 382
43 256
55 433

Estimated living cost  is ₽34918 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7163
-₽12532
₽47319
₽67455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
34 979
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
41 781
Employee
36 595
-
116 924
-
health
4 190
-
13 388
-
pensions
4 121
-
7 451
-
income
5 021
-
25 502
-
total
13 332
-
46 341
-
Employer
36 595
-
116 924
-
accident
611
-
1 953
-
pensions
5 950
-
10 759
-
unemployment
896
-
2 864
-
total
7 457
-
15 576
-
Corporate
88 447
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.

79 603
119 250
-
-
total
79 603
119 250
-
-
Dividends
8 845
13 250
-
-
withholding
1 681
2 518
-
-
total
1 681
2 518
-
-
Income
132 500
132 500
132 500
132 500
Total tax
102 073
121 768
61 917
41 781
After tax
30 427
10 732
70 583
90 719
Living cost
23 264
23 264
23 264
23 264
Free-cash
7 163
-12 532
47 319
67 455

Estimated living cost  is ₽23264 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
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.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94132
₽98601
₽77299
₽61859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 590
income
-
-
-
21 306
pensions
-
-
-
24 380
health insurance
-
-
-
9 805
work injury
-
-
-
662
total
-
-
-
57 743
Employee

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

20 637
-
132 500
-
health insurance
1 527
-
5 650
-
unemployment
248
-
916
-
work injury
103
-
382
-
pensions
3 797
-
14 049
-
income
2 064
-
21 306
-
total
7 739
-
42 303
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 863
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%.

1 119
1 325
-
-
total
1 119
1 325
-
-
Dividends
110 744
131 175
-
-
withholding
16 612
19 676
-
-
total
16 612
19 676
-
-
Income
132 500
132 500
132 500
132 500
Total tax
25 470
21 001
42 303
57 743
After tax
107 030
111 499
90 197
74 757
Living cost
12 898
12 898
12 898
12 898
Free-cash
94 132
98 601
77 299
61 859

Estimated living cost  is ₽12898 per week

₽7991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27399
₽31744
₽19709
₽25768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 988
social contributions
-
-
-
34 080
municipal
-
-
-
886
national
-
-
-
30 730
total
-
-
-
68 684
Employee
80 482
-
132 500
-
national
13 601
-
26 703
-
regional
1 215
-
2 571
-
municipal
480
-
790
-
social contributions
27 138
-
44 679
-
total
42 434
-
74 743
-
Employer
80 482
-
132 500
-
total
-
-
-
-
Corporate
52 018
132 500
-
-
nationa
12 484
31 800
-
-
municipal
2 507
6 387
-
-
total
14 991
38 187
-
-
Dividends
37 028
94 313
-
-
withholding
9 628
24 521
-
-
total
9 628
24 521
-
-
Income
132 500
132 500
132 500
132 500
Total tax
67 053
62 708
74 743
68 684
After tax
65 447
69 792
57 757
63 816
Living cost
38 048
38 048
38 048
38 048
Free-cash
27 399
31 744
19 709
25 768

Estimated living cost  is ₽38048 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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